Middle East & Africa Gas Turbine Market Size - By Capacity, By Product (Aero-Derivative, Heavy Duty), By Technology, By Application (Power Plants, Oil & Gas, Process Plants, Aviation, Marine), Country Outlook & Forecast, 2024 - 2032

Middle East & Africa Gas Turbine Market Size - By Capacity, By Product (Aero-Derivative, Heavy Duty), By Technology, By Application (Power Plants, Oil & Gas, Process Plants, Aviation, Marine), Country Outlook & Forecast, 2024 - 2032

Middle East & Africa Gas Turbine Market size is projected to witness over 6% CAGR between 2024 to 2032, backed by the burgeoning industrial sector, particularly in energy-intensive industries, such as oil & gas, petrochemicals, and power generation. These turbines are vital for power generation and process applications due to their efficiency, reliability, and ability to operate in harsh environments.

The increasing focus on energy diversification and sustainable development initiatives in the MEA will propel the product demand. Several governments are investing in cleaner and more efficient energy sources to reduce reliance on fossil fuels, mitigate environmental impacts, and meet the growing energy demand. Gas turbines, especially those capable of running on natural gas or alternative fuels, will further stimulate the market growth. For instance, in October 2023, SEWA, Shipco and GE Vernova collaborated to start commercial operations at all three blocks of the Hamriyah Independent Power Plant (IPP), the MEA’s most efficient gas power plant, cutting down carbon emissions from power generation.

The overall industry is classified into capacity, product, technology, application, and country.

Based on technology, the combined cycle segment in MEA gas turbine market is projected to witness substantial growth through 2032, due to its energy efficiency and cost-effectiveness. Combined cycle power plants integrate gas turbines with steam turbines, allowing them to utilize waste heat from the gas turbine exhaust to generate additional power for significantly improving overall plant efficiency. Rising governments and power utilities in the region are increasingly investing in combined cycle projects to meet the surging electricity demand to enhance energy security and achieve their sustainability goals.

Middle East & Africa gas turbine market from the marine application segment is predicted to gain high revenue share by 2032. As the region boasts extensive coastlines and is strategically positioned along major maritime trade routes, there is a growing demand for marine vessels for various purposes, including shipping, offshore exploration, and defense. Gas turbines offer various advantages for marine propulsion systems, including compact size, high power-to-weight ratio, and fuel flexibility, making them ideal for a wide range of marine applications.

Egypt gas turbine industry size will grow significantly through 2032, attributed to ambitious plans for infrastructure development, including the expansion of power generation capacity and the modernization of industrial facilities. Several governmental initiatives to diversify the energy mix and promote renewable energy sources are complementing the growth of gas turbines, which are essential for providing reliable and flexible power generation to support the integration of renewable energy into the grid.