Global Industrial Gas Turbines Market Overview And Scope:
Global Industrial Gas Turbines Market Size was estimated at USD 13668.13 million in 2022 and is projected to reach USD 15780.46 million by 2028, exhibiting a CAGR of 2.42% during the forecast period.
The Global Industrial Gas Turbines Market Report 2025 provides comprehensive analysis of market development components, patterns, flows, and sizes. This research study of Industrial 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: GE, Siemens, MHPS, Ansaldo, Kawasaki, Solar Turbines, MAN Energy, BHEL
Global Industrial Gas Turbines Market Segmentation
By Type, Industrial Gas Turbines market has been segmented into:Less Than 20MW
More Than 20MW
By Application, Industrial Gas Turbines market has been segmented into:
Power Generation
Oil and Gas
Other
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 Industrial 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 Industrial Gas Turbines market.
Top Key Players Covered in Industrial Gas Turbines market are:
GE
Siemens
MHPS
Ansaldo
Kawasaki
Solar Turbines
MAN Energy
BHEL
Objective to buy this Report:
1. Industrial 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 Industrial 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: Industrial Gas Turbines Market by Type
5.1 Industrial Gas Turbines Market Overview Snapshot and Growth Engine
5.2 Industrial Gas Turbines Market Overview
5.3 Less Than 20MW
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 Less Than 20MW: Geographic Segmentation
5.4 More Than 20MW
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 More Than 20MW: Geographic Segmentation
Chapter 6: Industrial Gas Turbines Market by Application
6.1 Industrial Gas Turbines Market Overview Snapshot and Growth Engine
6.2 Industrial 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 Oil and Gas
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 Oil and Gas: Geographic Segmentation
6.5 Other
6.5.1 Introduction and Market Overview
6.5.2 Historic and Forecasted Market Size (2017-2032F)
6.5.3 Key Market Trends, Growth Factors and Opportunities
6.5.4 Other: Geographic Segmentation
Chapter 7: Company Profiles and Competitive Analysis
7.1 Competitive Landscape
7.1.1 Competitive Positioning
7.1.2 Industrial Gas Turbines Sales and Market Share By Players
7.1.3 Industry BCG Matrix
7.1.4 Heat Map Analysis
7.1.5 Industrial Gas Turbines Industry Concentration Ratio (CR5 and HHI)
7.1.6 Top 5 Industrial Gas Turbines Players Market Share
7.1.7 Mergers and Acquisitions
7.1.8 Business Strategies By Top Players
7.2 GE
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 SIEMENS
7.4 MHPS
7.5 ANSALDO
7.6 KAWASAKI
7.7 SOLAR TURBINES
7.8 MAN ENERGY
7.9 BHEL
Chapter 8: Global Industrial 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 Less Than 20MW
8.2.2 More Than 20MW
8.3 Historic and Forecasted Market Size By Application
8.3.1 Power Generation
8.3.2 Oil and Gas
8.3.3 Other
Chapter 9: North America Industrial 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 Less Than 20MW
9.4.2 More Than 20MW
9.5 Historic and Forecasted Market Size By Application
9.5.1 Power Generation
9.5.2 Oil and Gas
9.5.3 Other
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 Industrial 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 Less Than 20MW
10.4.2 More Than 20MW
10.5 Historic and Forecasted Market Size By Application
10.5.1 Power Generation
10.5.2 Oil and Gas
10.5.3 Other
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 Industrial 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 Less Than 20MW
11.4.2 More Than 20MW
11.5 Historic and Forecasted Market Size By Application
11.5.1 Power Generation
11.5.2 Oil and Gas
11.5.3 Other
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 Industrial 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 Less Than 20MW
12.4.2 More Than 20MW
12.5 Historic and Forecasted Market Size By Application
12.5.1 Power Generation
12.5.2 Oil and Gas
12.5.3 Other
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 Industrial 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 Less Than 20MW
13.4.2 More Than 20MW
13.5 Historic and Forecasted Market Size By Application
13.5.1 Power Generation
13.5.2 Oil and Gas
13.5.3 Other
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 Industrial 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 Less Than 20MW
14.4.2 More Than 20MW
14.5 Historic and Forecasted Market Size By Application
14.5.1 Power Generation
14.5.2 Oil and Gas
14.5.3 Other
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
Industrial Gas Turbines Scope:
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Report Data
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Industrial Gas Turbines Market
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Industrial Gas Turbines Market Size in 2025
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USD XX million
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Industrial Gas Turbines CAGR 2025 - 2032
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XX%
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Industrial Gas Turbines Base Year
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2024
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Industrial 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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GE, Siemens, MHPS, Ansaldo, Kawasaki, Solar Turbines, MAN Energy, BHEL.
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Key Segments
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By Type
Less Than 20MW More Than 20MW
By Applications
Power Generation Oil and Gas Other
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