Global Gas Turbines Market Overview And Scope:
Global Gas Turbines Market Size was estimated at USD 16115.03 million in 2022 and is projected to reach USD 18938.2 million by 2028, exhibiting a CAGR of 2.73% during the forecast period.
The Global Gas Turbines Market Report 2025 provides comprehensive analysis of market development components, patterns, flows, and sizes. This research study of Gas Turbines utilized both primary and secondary data sources to calculate present and past market values to forecast potential market management for the forecast period between 2025 and 2032. It includes the study of a wide range of industry parameters, including government policies, market environments, competitive landscape, historical data, current market trends, technological innovations, upcoming technologies, and technological progress within related industries. Additionally, the report provides an in-depth analysis of the value chain and supply chain to demonstrate how value is added at every stage in the product lifecycle. The study incorporates market dynamics such as drivers, restraints/challenges, trends, and their impact on the market.
Top Key Players Mentioned Are: Ansaldo Energia, Bharat Heavy Electricals Limited, General Electric, Harbin Electric International Company Limited, Kawasaki Heavy Industries Ltd, Man Diesel and Turbo, Mitsubishi Hitachi Power Systems Ltd, Opra Turbines, Siemens, Vericor Power Systems
Global Gas Turbines Market Segmentation
By Type, Gas Turbines market has been segmented into:Below 70 MW
70-300 MW
Above 300 MW
By Application, Gas Turbines market has been segmented into:
Power Generation
Mechanical Drive
Regional Analysis:
North America (U.S., Canada, Mexico)
Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
Western Europe (Germany, UK, France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC)
South America (Brazil, Argentina, Rest of SA)
Middle East & Africa (Turkey, Bahrain, Kuwait, Saudi Arabia, Qatar, UAE, Israel, South Africa)
Competitive Landscape:
Competitive analysis is the study of strength and weakness, market investment, market share, market sales volume, market trends of major players in the market.The Gas Turbines market study focused on including all the primary level, secondary level and tertiary level competitors in the report. The data generated by conducting the primary and secondary research.The report covers detail analysis of driver, constraints and scope for new players entering the Gas Turbines market.
Top Key Players Covered in Gas Turbines market are:
Ansaldo Energia
Bharat Heavy Electricals Limited
General Electric
Harbin Electric International Company Limited
Kawasaki Heavy Industries Ltd
Man Diesel and Turbo
Mitsubishi Hitachi Power Systems Ltd
Opra Turbines
Siemens
Vericor Power Systems
Objective to buy this Report:
1. Gas Turbines analysis predicts the representation of this market, supply and demand, capacity, detailed investigations, etc.
2. Even the report, along with the international series, conducts an in-depth study of rules, policies and current policy.
3. In addition, additional factors are mentioned: imports, arrangement of commodity prices for the market, supply and demand of industry products, major manufacturers.
4. The report starts with Gas Turbines market statistics and moves to important points, with dependent markets categorized by market trend by application.
5. Applications of market may also be assessed based on their performances.
6. Other market attributes, such as future aspects, limitations and growth for all departments.
Chapter 1: Introduction
1.1 Research Objectives
1.2 Research Methodology
1.3 Research Process
1.4 Scope and Coverage
1.4.1 Market Definition
1.4.2 Key Questions Answered
1.5 Market Segmentation
Chapter 2:Executive Summary
Chapter 3:Growth Opportunities By Segment
3.1 By Type
3.2 By Application
Chapter 4: Market Landscape
4.1 Porter's Five Forces Analysis
4.1.1 Bargaining Power of Supplier
4.1.2 Threat of New Entrants
4.1.3 Threat of Substitutes
4.1.4 Competitive Rivalry
4.1.5 Bargaining Power Among Buyers
4.2 Industry Value Chain Analysis
4.3 Market Dynamics
4.3.1 Drivers
4.3.2 Restraints
4.3.3 Opportunities
4.5.4 Challenges
4.4 Pestle Analysis
4.5 Technological Roadmap
4.6 Regulatory Landscape
4.7 SWOT Analysis
4.8 Price Trend Analysis
4.9 Patent Analysis
4.10 Analysis of the Impact of Covid-19
4.10.1 Impact on the Overall Market
4.10.2 Impact on the Supply Chain
4.10.3 Impact on the Key Manufacturers
4.10.4 Impact on the Pricing
Chapter 5: Gas Turbines Market by Type
5.1 Gas Turbines Market Overview Snapshot and Growth Engine
5.2 Gas Turbines Market Overview
5.3 Below 70 MW
5.3.1 Introduction and Market Overview
5.3.2 Historic and Forecasted Market Size (2017-2032F)
5.3.3 Key Market Trends, Growth Factors and Opportunities
5.3.4 Below 70 MW: Geographic Segmentation
5.4 70-300 MW
5.4.1 Introduction and Market Overview
5.4.2 Historic and Forecasted Market Size (2017-2032F)
5.4.3 Key Market Trends, Growth Factors and Opportunities
5.4.4 70-300 MW: Geographic Segmentation
5.5 Above 300 MW
5.5.1 Introduction and Market Overview
5.5.2 Historic and Forecasted Market Size (2017-2032F)
5.5.3 Key Market Trends, Growth Factors and Opportunities
5.5.4 Above 300 MW: Geographic Segmentation
Chapter 6: Gas Turbines Market by Application
6.1 Gas Turbines Market Overview Snapshot and Growth Engine
6.2 Gas Turbines Market Overview
6.3 Power Generation
6.3.1 Introduction and Market Overview
6.3.2 Historic and Forecasted Market Size (2017-2032F)
6.3.3 Key Market Trends, Growth Factors and Opportunities
6.3.4 Power Generation: Geographic Segmentation
6.4 Mechanical Drive
6.4.1 Introduction and Market Overview
6.4.2 Historic and Forecasted Market Size (2017-2032F)
6.4.3 Key Market Trends, Growth Factors and Opportunities
6.4.4 Mechanical Drive: Geographic Segmentation
Chapter 7: Company Profiles and Competitive Analysis
7.1 Competitive Landscape
7.1.1 Competitive Positioning
7.1.2 Gas Turbines Sales and Market Share By Players
7.1.3 Industry BCG Matrix
7.1.4 Heat Map Analysis
7.1.5 Gas Turbines Industry Concentration Ratio (CR5 and HHI)
7.1.6 Top 5 Gas Turbines Players Market Share
7.1.7 Mergers and Acquisitions
7.1.8 Business Strategies By Top Players
7.2 ANSALDO ENERGIA
7.2.1 Company Overview
7.2.2 Key Executives
7.2.3 Company Snapshot
7.2.4 Operating Business Segments
7.2.5 Product Portfolio
7.2.6 Business Performance
7.2.7 Key Strategic Moves and Recent Developments
7.2.8 SWOT Analysis
7.3 BHARAT HEAVY ELECTRICALS LIMITED
7.4 GENERAL ELECTRIC
7.5 HARBIN ELECTRIC INTERNATIONAL COMPANY LIMITED
7.6 KAWASAKI HEAVY INDUSTRIES LTD
7.7 MAN DIESEL AND TURBO
7.8 MITSUBISHI HITACHI POWER SYSTEMS LTD
7.9 OPRA TURBINES
7.10 SIEMENS
7.11 VERICOR POWER SYSTEMS
Chapter 8: Global Gas Turbines Market Analysis, Insights and Forecast, 2017-2032
8.1 Market Overview
8.2 Historic and Forecasted Market Size By Type
8.2.1 Below 70 MW
8.2.2 70-300 MW
8.2.3 Above 300 MW
8.3 Historic and Forecasted Market Size By Application
8.3.1 Power Generation
8.3.2 Mechanical Drive
Chapter 9: North America Gas Turbines Market Analysis, Insights and Forecast, 2017-2032
9.1 Key Market Trends, Growth Factors and Opportunities
9.2 Impact of Covid-19
9.3 Key Players
9.4 Key Market Trends, Growth Factors and Opportunities
9.4 Historic and Forecasted Market Size By Type
9.4.1 Below 70 MW
9.4.2 70-300 MW
9.4.3 Above 300 MW
9.5 Historic and Forecasted Market Size By Application
9.5.1 Power Generation
9.5.2 Mechanical Drive
9.6 Historic and Forecast Market Size by Country
9.6.1 US
9.6.2 Canada
9.6.3 Mexico
Chapter 10: Eastern Europe Gas Turbines Market Analysis, Insights and Forecast, 2017-2032
10.1 Key Market Trends, Growth Factors and Opportunities
10.2 Impact of Covid-19
10.3 Key Players
10.4 Key Market Trends, Growth Factors and Opportunities
10.4 Historic and Forecasted Market Size By Type
10.4.1 Below 70 MW
10.4.2 70-300 MW
10.4.3 Above 300 MW
10.5 Historic and Forecasted Market Size By Application
10.5.1 Power Generation
10.5.2 Mechanical Drive
10.6 Historic and Forecast Market Size by Country
10.6.1 Bulgaria
10.6.2 The Czech Republic
10.6.3 Hungary
10.6.4 Poland
10.6.5 Romania
10.6.6 Rest of Eastern Europe
Chapter 11: Western Europe Gas Turbines Market Analysis, Insights and Forecast, 2017-2032
11.1 Key Market Trends, Growth Factors and Opportunities
11.2 Impact of Covid-19
11.3 Key Players
11.4 Key Market Trends, Growth Factors and Opportunities
11.4 Historic and Forecasted Market Size By Type
11.4.1 Below 70 MW
11.4.2 70-300 MW
11.4.3 Above 300 MW
11.5 Historic and Forecasted Market Size By Application
11.5.1 Power Generation
11.5.2 Mechanical Drive
11.6 Historic and Forecast Market Size by Country
11.6.1 Germany
11.6.2 UK
11.6.3 France
11.6.4 Netherlands
11.6.5 Italy
11.6.6 Russia
11.6.7 Spain
11.6.8 Rest of Western Europe
Chapter 12: Asia Pacific Gas Turbines Market Analysis, Insights and Forecast, 2017-2032
12.1 Key Market Trends, Growth Factors and Opportunities
12.2 Impact of Covid-19
12.3 Key Players
12.4 Key Market Trends, Growth Factors and Opportunities
12.4 Historic and Forecasted Market Size By Type
12.4.1 Below 70 MW
12.4.2 70-300 MW
12.4.3 Above 300 MW
12.5 Historic and Forecasted Market Size By Application
12.5.1 Power Generation
12.5.2 Mechanical Drive
12.6 Historic and Forecast Market Size by Country
12.6.1 China
12.6.2 India
12.6.3 Japan
12.6.4 South Korea
12.6.5 Malaysia
12.6.6 Thailand
12.6.7 Vietnam
12.6.8 The Philippines
12.6.9 Australia
12.6.10 New Zealand
12.6.11 Rest of APAC
Chapter 13: Middle East & Africa Gas Turbines Market Analysis, Insights and Forecast, 2017-2032
13.1 Key Market Trends, Growth Factors and Opportunities
13.2 Impact of Covid-19
13.3 Key Players
13.4 Key Market Trends, Growth Factors and Opportunities
13.4 Historic and Forecasted Market Size By Type
13.4.1 Below 70 MW
13.4.2 70-300 MW
13.4.3 Above 300 MW
13.5 Historic and Forecasted Market Size By Application
13.5.1 Power Generation
13.5.2 Mechanical Drive
13.6 Historic and Forecast Market Size by Country
13.6.1 Turkey
13.6.2 Bahrain
13.6.3 Kuwait
13.6.4 Saudi Arabia
13.6.5 Qatar
13.6.6 UAE
13.6.7 Israel
13.6.8 South Africa
Chapter 14: South America Gas Turbines Market Analysis, Insights and Forecast, 2017-2032
14.1 Key Market Trends, Growth Factors and Opportunities
14.2 Impact of Covid-19
14.3 Key Players
14.4 Key Market Trends, Growth Factors and Opportunities
14.4 Historic and Forecasted Market Size By Type
14.4.1 Below 70 MW
14.4.2 70-300 MW
14.4.3 Above 300 MW
14.5 Historic and Forecasted Market Size By Application
14.5.1 Power Generation
14.5.2 Mechanical Drive
14.6 Historic and Forecast Market Size by Country
14.6.1 Brazil
14.6.2 Argentina
14.6.3 Rest of SA
Chapter 15 Investment Analysis
Chapter 16 Analyst Viewpoint and Conclusion
Gas Turbines Scope:
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Report Data
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Gas Turbines Market
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Gas Turbines Market Size in 2025
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USD XX million
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Gas Turbines CAGR 2025 - 2032
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XX%
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Gas Turbines Base Year
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2024
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Gas Turbines Forecast Data
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2025 - 2032
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Segments Covered
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By Type, By Application, And by Regions
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Regional Scope
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North America, Europe, Asia Pacific, Latin America, and Middle East & Africa
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Key Companies Profiled
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Ansaldo Energia, Bharat Heavy Electricals Limited, General Electric, Harbin Electric International Company Limited, Kawasaki Heavy Industries Ltd, Man Diesel and Turbo, Mitsubishi Hitachi Power Systems Ltd, Opra Turbines, Siemens, Vericor Power Systems.
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Key Segments
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By Type
Below 70 MW
70-300 MW
Above 300 MW
By Applications
Power Generation
Mechanical Drive
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