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Commercial Gas Turbines-Global Market Insights and Sales Trends 2025
Synopsis
The global Commercial Gas Turbines market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Commercial Gas Turbines in various end use industries. The expanding demands from the Ship Service, Hydrofoils, Fast Ferries and Cruise Ships, are propelling Commercial Gas Turbines market. Single Axis, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Dual Axis segment is estimated at % CAGR for the next seven-year period.
Asia Pacific shows high growth potential for Commercial Gas Turbines market, driven by demand from China, the second largest economy with some signs of stabilising, the Commercial Gas Turbines market in China is forecast to reach US$ million by 2029, trailing a CAGR of % over the 2023-2029 period, while the U.S. market will reach US$ million by 2029, exhibiting a CAGR of % during the same period.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Commercial Gas Turbines, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Commercial Gas Turbines market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Commercial Gas Turbines market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Commercial Gas Turbines sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Commercial Gas Turbines covered in this report include GE(US), MAN Diesel & Turbo, OPRA Turbines BV, PW Power Systems, Rolls Royce(UK), Solar Turbines, Vericor Power Systems, Dresser-Rand and Niigata Power Systems, etc.
The global Commercial Gas Turbines market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
GE(US)
MAN Diesel & Turbo
OPRA Turbines BV
PW Power Systems
Rolls Royce(UK)
Solar Turbines
Vericor Power Systems
Dresser-Rand
Niigata Power Systems
Zorya
Perm
Pratt & Whitney(US)
Global Commercial Gas Turbines market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Commercial Gas Turbines market, Segment by Type:
Single Axis
Dual Axis
Global Commercial Gas Turbines market, by Application
Ship Service
Hydrofoils
Fast Ferries
Cruise Ships
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Commercial Gas Turbines manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Commercial Gas Turbines in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
The global Commercial Gas Turbines market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Commercial Gas Turbines in various end use industries. The expanding demands from the Ship Service, Hydrofoils, Fast Ferries and Cruise Ships, are propelling Commercial Gas Turbines market. Single Axis, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Dual Axis segment is estimated at % CAGR for the next seven-year period.
Asia Pacific shows high growth potential for Commercial Gas Turbines market, driven by demand from China, the second largest economy with some signs of stabilising, the Commercial Gas Turbines market in China is forecast to reach US$ million by 2029, trailing a CAGR of % over the 2023-2029 period, while the U.S. market will reach US$ million by 2029, exhibiting a CAGR of % during the same period.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Commercial Gas Turbines, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Commercial Gas Turbines market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Commercial Gas Turbines market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Commercial Gas Turbines sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Commercial Gas Turbines covered in this report include GE(US), MAN Diesel & Turbo, OPRA Turbines BV, PW Power Systems, Rolls Royce(UK), Solar Turbines, Vericor Power Systems, Dresser-Rand and Niigata Power Systems, etc.
The global Commercial Gas Turbines market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
GE(US)
MAN Diesel & Turbo
OPRA Turbines BV
PW Power Systems
Rolls Royce(UK)
Solar Turbines
Vericor Power Systems
Dresser-Rand
Niigata Power Systems
Zorya
Perm
Pratt & Whitney(US)
Global Commercial Gas Turbines market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Commercial Gas Turbines market, Segment by Type:
Single Axis
Dual Axis
Global Commercial Gas Turbines market, by Application
Ship Service
Hydrofoils
Fast Ferries
Cruise Ships
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Commercial Gas Turbines manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Commercial Gas Turbines in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Commercial Gas Turbines Market Overview
1.1 Commercial Gas Turbines Product Overview
1.2 Commercial Gas Turbines Market Segment by Type
1.2.1 Single Axis
1.2.2 Dual Axis
1.3 Global Commercial Gas Turbines Market Size by Type
1.3.1 Global Commercial Gas Turbines Market Size Overview by Type (2018-2029)
1.3.2 Global Commercial Gas Turbines Historic Market Size Review by Type (2018-2023)
1.3.3 Global Commercial Gas Turbines Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Commercial Gas Turbines Sales Breakdown by Type (2018-2023)
1.4.2 Europe Commercial Gas Turbines Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Commercial Gas Turbines Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Commercial Gas Turbines Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Commercial Gas Turbines Sales Breakdown by Type (2018-2023)
2 Global Commercial Gas Turbines Market Competition by Company
2.1 Global Top Players by Commercial Gas Turbines Sales (2018-2023)
2.2 Global Top Players by Commercial Gas Turbines Revenue (2018-2023)
2.3 Global Top Players by Commercial Gas Turbines Price (2018-2023)
2.4 Global Top Manufacturers Commercial Gas Turbines Manufacturing Base Distribution, Sales Area, Product Type
2.5 Commercial Gas Turbines Market Competitive Situation and Trends
2.5.1 Commercial Gas Turbines Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Commercial Gas Turbines Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Commercial Gas Turbines as of 2022)
2.7 Date of Key Manufacturers Enter into Commercial Gas Turbines Market
2.8 Key Manufacturers Commercial Gas Turbines Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Commercial Gas Turbines Status and Outlook by Region
3.1 Global Commercial Gas Turbines Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Commercial Gas Turbines Historic Market Size by Region
3.2.1 Global Commercial Gas Turbines Sales in Volume by Region (2018-2023)
3.2.2 Global Commercial Gas Turbines Sales in Value by Region (2018-2023)
3.2.3 Global Commercial Gas Turbines Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Commercial Gas Turbines Forecasted Market Size by Region
3.3.1 Global Commercial Gas Turbines Sales in Volume by Region (2024-2029)
3.3.2 Global Commercial Gas Turbines Sales in Value by Region (2024-2029)
3.3.3 Global Commercial Gas Turbines Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Commercial Gas Turbines by Application
4.1 Commercial Gas Turbines Market Segment by Application
4.1.1 Ship Service
4.1.2 Hydrofoils
4.1.3 Fast Ferries
4.1.4 Cruise Ships
4.1.5 Others
4.2 Global Commercial Gas Turbines Market Size by Application
4.2.1 Global Commercial Gas Turbines Market Size Overview by Application (2018-2029)
4.2.2 Global Commercial Gas Turbines Historic Market Size Review by Application (2018-2023)
4.2.3 Global Commercial Gas Turbines Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Commercial Gas Turbines Sales Breakdown by Application (2018-2023)
4.3.2 Europe Commercial Gas Turbines Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Commercial Gas Turbines Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Commercial Gas Turbines Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Commercial Gas Turbines Sales Breakdown by Application (2018-2023)
5 North America Commercial Gas Turbines by Country
5.1 North America Commercial Gas Turbines Historic Market Size by Country
5.1.1 North America Commercial Gas Turbines Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Commercial Gas Turbines Sales in Volume by Country (2018-2023)
5.1.3 North America Commercial Gas Turbines Sales in Value by Country (2018-2023)
5.2 North America Commercial Gas Turbines Forecasted Market Size by Country
5.2.1 North America Commercial Gas Turbines Sales in Volume by Country (2024-2029)
5.2.2 North America Commercial Gas Turbines Sales in Value by Country (2024-2029)
6 Europe Commercial Gas Turbines by Country
6.1 Europe Commercial Gas Turbines Historic Market Size by Country
6.1.1 Europe Commercial Gas Turbines Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Commercial Gas Turbines Sales in Volume by Country (2018-2023)
6.1.3 Europe Commercial Gas Turbines Sales in Value by Country (2018-2023)
6.2 Europe Commercial Gas Turbines Forecasted Market Size by Country
6.2.1 Europe Commercial Gas Turbines Sales in Volume by Country (2024-2029)
6.2.2 Europe Commercial Gas Turbines Sales in Value by Country (2024-2029)
7 Asia-Pacific Commercial Gas Turbines by Region
7.1 Asia-Pacific Commercial Gas Turbines Historic Market Size by Region
7.1.1 Asia-Pacific Commercial Gas Turbines Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Commercial Gas Turbines Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Commercial Gas Turbines Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Commercial Gas Turbines Forecasted Market Size by Region
7.2.1 Asia-Pacific Commercial Gas Turbines Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Commercial Gas Turbines Sales in Value by Region (2024-2029)
8 Latin America Commercial Gas Turbines by Country
8.1 Latin America Commercial Gas Turbines Historic Market Size by Country
8.1.1 Latin America Commercial Gas Turbines Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Commercial Gas Turbines Sales in Volume by Country (2018-2023)
8.1.3 Latin America Commercial Gas Turbines Sales in Value by Country (2018-2023)
8.2 Latin America Commercial Gas Turbines Forecasted Market Size by Country
8.2.1 Latin America Commercial Gas Turbines Sales in Volume by Country (2024-2029)
8.2.2 Latin America Commercial Gas Turbines Sales in Value by Country (2024-2029)
9 Middle East and Africa Commercial Gas Turbines by Country
9.1 Middle East and Africa Commercial Gas Turbines Historic Market Size by Country
9.1.1 Middle East and Africa Commercial Gas Turbines Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Commercial Gas Turbines Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Commercial Gas Turbines Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Commercial Gas Turbines Forecasted Market Size by Country
9.2.1 Middle East and Africa Commercial Gas Turbines Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Commercial Gas Turbines Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 GE(US)
10.1.1 GE(US) Company Information
10.1.2 GE(US) Introduction and Business Overview
10.1.3 GE(US) Commercial Gas Turbines Sales, Revenue and Gross Margin (2018-2023)
10.1.4 GE(US) Commercial Gas Turbines Products Offered
10.1.5 GE(US) Recent Development
10.2 MAN Diesel & Turbo
10.2.1 MAN Diesel & Turbo Company Information
10.2.2 MAN Diesel & Turbo Introduction and Business Overview
10.2.3 MAN Diesel & Turbo Commercial Gas Turbines Sales, Revenue and Gross Margin (2018-2023)
10.2.4 MAN Diesel & Turbo Commercial Gas Turbines Products Offered
10.2.5 MAN Diesel & Turbo Recent Development
10.3 OPRA Turbines BV
10.3.1 OPRA Turbines BV Company Information
10.3.2 OPRA Turbines BV Introduction and Business Overview
10.3.3 OPRA Turbines BV Commercial Gas Turbines Sales, Revenue and Gross Margin (2018-2023)
10.3.4 OPRA Turbines BV Commercial Gas Turbines Products Offered
10.3.5 OPRA Turbines BV Recent Development
10.4 PW Power Systems
10.4.1 PW Power Systems Company Information
10.4.2 PW Power Systems Introduction and Business Overview
10.4.3 PW Power Systems Commercial Gas Turbines Sales, Revenue and Gross Margin (2018-2023)
10.4.4 PW Power Systems Commercial Gas Turbines Products Offered
10.4.5 PW Power Systems Recent Development
10.5 Rolls Royce(UK)
10.5.1 Rolls Royce(UK) Company Information
10.5.2 Rolls Royce(UK) Introduction and Business Overview
10.5.3 Rolls Royce(UK) Commercial Gas Turbines Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Rolls Royce(UK) Commercial Gas Turbines Products Offered
10.5.5 Rolls Royce(UK) Recent Development
10.6 Solar Turbines
10.6.1 Solar Turbines Company Information
10.6.2 Solar Turbines Introduction and Business Overview
10.6.3 Solar Turbines Commercial Gas Turbines Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Solar Turbines Commercial Gas Turbines Products Offered
10.6.5 Solar Turbines Recent Development
10.7 Vericor Power Systems
10.7.1 Vericor Power Systems Company Information
10.7.2 Vericor Power Systems Introduction and Business Overview
10.7.3 Vericor Power Systems Commercial Gas Turbines Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Vericor Power Systems Commercial Gas Turbines Products Offered
10.7.5 Vericor Power Systems Recent Development
10.8 Dresser-Rand
10.8.1 Dresser-Rand Company Information
10.8.2 Dresser-Rand Introduction and Business Overview
10.8.3 Dresser-Rand Commercial Gas Turbines Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Dresser-Rand Commercial Gas Turbines Products Offered
10.8.5 Dresser-Rand Recent Development
10.9 Niigata Power Systems
10.9.1 Niigata Power Systems Company Information
10.9.2 Niigata Power Systems Introduction and Business Overview
10.9.3 Niigata Power Systems Commercial Gas Turbines Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Niigata Power Systems Commercial Gas Turbines Products Offered
10.9.5 Niigata Power Systems Recent Development
10.10 Zorya
10.10.1 Zorya Company Information
10.10.2 Zorya Introduction and Business Overview
10.10.3 Zorya Commercial Gas Turbines Sales, Revenue and Gross Margin (2018-2023)
10.10.4 Zorya Commercial Gas Turbines Products Offered
10.10.5 Zorya Recent Development
10.11 Perm
10.11.1 Perm Company Information
10.11.2 Perm Introduction and Business Overview
10.11.3 Perm Commercial Gas Turbines Sales, Revenue and Gross Margin (2018-2023)
10.11.4 Perm Commercial Gas Turbines Products Offered
10.11.5 Perm Recent Development
10.12 Pratt & Whitney(US)
10.12.1 Pratt & Whitney(US) Company Information
10.12.2 Pratt & Whitney(US) Introduction and Business Overview
10.12.3 Pratt & Whitney(US) Commercial Gas Turbines Sales, Revenue and Gross Margin (2018-2023)
10.12.4 Pratt & Whitney(US) Commercial Gas Turbines Products Offered
10.12.5 Pratt & Whitney(US) Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Commercial Gas Turbines Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Commercial Gas Turbines Industrial Chain Analysis
11.4 Commercial Gas Turbines Market Dynamics
11.4.1 Commercial Gas Turbines Industry Trends
11.4.2 Commercial Gas Turbines Market Drivers
11.4.3 Commercial Gas Turbines Market Challenges
11.4.4 Commercial Gas Turbines Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Commercial Gas Turbines Distributors
12.3 Commercial Gas Turbines Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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