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Global Gas Turbine Engine Market Research Report 2025
Synopsis
The global Gas Turbine Engine market was valued at US$ 1892.8 million in 2023 and is anticipated to reach US$ 3119.6 million by 2030, witnessing a CAGR of 7.4% during the forecast period 2024-2030.
Power Generation: In the power generation sector, there has been a growing emphasis on energy efficiency and reducing greenhouse gas emissions. Gas turbine engines, particularly combined cycle power plants that integrate gas turbines with steam turbines, have been favored for their ability to produce electricity efficiently and with lower emissions compared to some other power generation technologies, especially coal-fired power plants. The global transition toward cleaner energy sources and stricter environmental regulations has driven the demand for gas turbine-based power generation.
Aviation: The aviation industry has been focusing on fuel efficiency and emissions reduction as a response to both environmental concerns and the need to lower operational costs. Gas turbine engines used in commercial and military aircraft have undergone continuous technological advancements to improve fuel efficiency and reduce emissions, driving the demand for newer, more efficient engine models.
This report aims to provide a comprehensive presentation of the global market for Gas Turbine Engine, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Gas Turbine Engine.
Report Scope
The Gas Turbine Engine market size, estimations, and forecasts are provided in terms of output/shipments (Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Gas Turbine Engine market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Gas Turbine Engine manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
GE
Rolls-Royce
Zorya-Mashproekt
Pratt & Whitney
Daihatsu Diesel
Deutz
GMT
IHI Corporation Ltd.
Jason Engineering
Scania
SIA Rigas Dizelis
STX Engine
Segment by Type
Turbojet Engine
Turbofan Engine
Turbo Propeller
Turbine Shaft Engine
Segment by Application
Large Aircraft
Small Gas Turbine
Other
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Gas Turbine Engine manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Gas Turbine Engine by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Gas Turbine Engine in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: 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 10: The main points and conclusions of the report.
The global Gas Turbine Engine market was valued at US$ 1892.8 million in 2023 and is anticipated to reach US$ 3119.6 million by 2030, witnessing a CAGR of 7.4% during the forecast period 2024-2030.
Power Generation: In the power generation sector, there has been a growing emphasis on energy efficiency and reducing greenhouse gas emissions. Gas turbine engines, particularly combined cycle power plants that integrate gas turbines with steam turbines, have been favored for their ability to produce electricity efficiently and with lower emissions compared to some other power generation technologies, especially coal-fired power plants. The global transition toward cleaner energy sources and stricter environmental regulations has driven the demand for gas turbine-based power generation.
Aviation: The aviation industry has been focusing on fuel efficiency and emissions reduction as a response to both environmental concerns and the need to lower operational costs. Gas turbine engines used in commercial and military aircraft have undergone continuous technological advancements to improve fuel efficiency and reduce emissions, driving the demand for newer, more efficient engine models.
This report aims to provide a comprehensive presentation of the global market for Gas Turbine Engine, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Gas Turbine Engine.
Report Scope
The Gas Turbine Engine market size, estimations, and forecasts are provided in terms of output/shipments (Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Gas Turbine Engine market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Gas Turbine Engine manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
GE
Rolls-Royce
Zorya-Mashproekt
Pratt & Whitney
Daihatsu Diesel
Deutz
GMT
IHI Corporation Ltd.
Jason Engineering
Scania
SIA Rigas Dizelis
STX Engine
Segment by Type
Turbojet Engine
Turbofan Engine
Turbo Propeller
Turbine Shaft Engine
Segment by Application
Large Aircraft
Small Gas Turbine
Other
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Gas Turbine Engine manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Gas Turbine Engine by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Gas Turbine Engine in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: 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 10: The main points and conclusions of the report.
Index1 Gas Turbine Engine Market Overview
1.1 Product Definition
1.2 Gas Turbine Engine Segment by Type
1.2.1 Global Gas Turbine Engine Market Value Growth Rate Analysis by Type 2023 VS 2030
1.2.2 Turbojet Engine
1.2.3 Turbofan Engine
1.2.4 Turbo Propeller
1.2.5 Turbine Shaft Engine
1.3 Gas Turbine Engine Segment by Application
1.3.1 Global Gas Turbine Engine Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Large Aircraft
1.3.3 Small Gas Turbine
1.3.4 Other
1.4 Global Market Growth Prospects
1.4.1 Global Gas Turbine Engine Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global Gas Turbine Engine Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global Gas Turbine Engine Production Estimates and Forecasts (2019-2030)
1.4.4 Global Gas Turbine Engine Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Gas Turbine Engine Production Market Share by Manufacturers (2019-2024)
2.2 Global Gas Turbine Engine Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of Gas Turbine Engine, Industry Ranking, 2022 VS 2023 VS 2024
2.4 Global Gas Turbine Engine Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Gas Turbine Engine Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of Gas Turbine Engine, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Gas Turbine Engine, Product Offered and Application
2.8 Global Key Manufacturers of Gas Turbine Engine, Date of Enter into This Industry
2.9 Gas Turbine Engine Market Competitive Situation and Trends
2.9.1 Gas Turbine Engine Market Concentration Rate
2.9.2 Global 5 and 10 Largest Gas Turbine Engine Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Gas Turbine Engine Production by Region
3.1 Global Gas Turbine Engine Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global Gas Turbine Engine Production Value by Region (2019-2030)
3.2.1 Global Gas Turbine Engine Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of Gas Turbine Engine by Region (2025-2030)
3.3 Global Gas Turbine Engine Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global Gas Turbine Engine Production by Region (2019-2030)
3.4.1 Global Gas Turbine Engine Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of Gas Turbine Engine by Region (2025-2030)
3.5 Global Gas Turbine Engine Market Price Analysis by Region (2019-2024)
3.6 Global Gas Turbine Engine Production and Value, Year-over-Year Growth
3.6.1 North America Gas Turbine Engine Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe Gas Turbine Engine Production Value Estimates and Forecasts (2019-2030)
3.6.3 China Gas Turbine Engine Production Value Estimates and Forecasts (2019-2030)
3.6.4 Japan Gas Turbine Engine Production Value Estimates and Forecasts (2019-2030)
4 Gas Turbine Engine Consumption by Region
4.1 Global Gas Turbine Engine Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global Gas Turbine Engine Consumption by Region (2019-2030)
4.2.1 Global Gas Turbine Engine Consumption by Region (2019-2024)
4.2.2 Global Gas Turbine Engine Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America Gas Turbine Engine Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America Gas Turbine Engine Consumption by Country (2019-2030)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Gas Turbine Engine Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe Gas Turbine Engine Consumption by Country (2019-2030)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Gas Turbine Engine Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific Gas Turbine Engine Consumption by Region (2019-2030)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Gas Turbine Engine Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa Gas Turbine Engine Consumption by Country (2019-2030)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global Gas Turbine Engine Production by Type (2019-2030)
5.1.1 Global Gas Turbine Engine Production by Type (2019-2024)
5.1.2 Global Gas Turbine Engine Production by Type (2025-2030)
5.1.3 Global Gas Turbine Engine Production Market Share by Type (2019-2030)
5.2 Global Gas Turbine Engine Production Value by Type (2019-2030)
5.2.1 Global Gas Turbine Engine Production Value by Type (2019-2024)
5.2.2 Global Gas Turbine Engine Production Value by Type (2025-2030)
5.2.3 Global Gas Turbine Engine Production Value Market Share by Type (2019-2030)
5.3 Global Gas Turbine Engine Price by Type (2019-2030)
6 Segment by Application
6.1 Global Gas Turbine Engine Production by Application (2019-2030)
6.1.1 Global Gas Turbine Engine Production by Application (2019-2024)
6.1.2 Global Gas Turbine Engine Production by Application (2025-2030)
6.1.3 Global Gas Turbine Engine Production Market Share by Application (2019-2030)
6.2 Global Gas Turbine Engine Production Value by Application (2019-2030)
6.2.1 Global Gas Turbine Engine Production Value by Application (2019-2024)
6.2.2 Global Gas Turbine Engine Production Value by Application (2025-2030)
6.2.3 Global Gas Turbine Engine Production Value Market Share by Application (2019-2030)
6.3 Global Gas Turbine Engine Price by Application (2019-2030)
7 Key Companies Profiled
7.1 GE
7.1.1 GE Gas Turbine Engine Corporation Information
7.1.2 GE Gas Turbine Engine Product Portfolio
7.1.3 GE Gas Turbine Engine Production, Value, Price and Gross Margin (2019-2024)
7.1.4 GE Main Business and Markets Served
7.1.5 GE Recent Developments/Updates
7.2 Rolls-Royce
7.2.1 Rolls-Royce Gas Turbine Engine Corporation Information
7.2.2 Rolls-Royce Gas Turbine Engine Product Portfolio
7.2.3 Rolls-Royce Gas Turbine Engine Production, Value, Price and Gross Margin (2019-2024)
7.2.4 Rolls-Royce Main Business and Markets Served
7.2.5 Rolls-Royce Recent Developments/Updates
7.3 Zorya-Mashproekt
7.3.1 Zorya-Mashproekt Gas Turbine Engine Corporation Information
7.3.2 Zorya-Mashproekt Gas Turbine Engine Product Portfolio
7.3.3 Zorya-Mashproekt Gas Turbine Engine Production, Value, Price and Gross Margin (2019-2024)
7.3.4 Zorya-Mashproekt Main Business and Markets Served
7.3.5 Zorya-Mashproekt Recent Developments/Updates
7.4 Pratt & Whitney
7.4.1 Pratt & Whitney Gas Turbine Engine Corporation Information
7.4.2 Pratt & Whitney Gas Turbine Engine Product Portfolio
7.4.3 Pratt & Whitney Gas Turbine Engine Production, Value, Price and Gross Margin (2019-2024)
7.4.4 Pratt & Whitney Main Business and Markets Served
7.4.5 Pratt & Whitney Recent Developments/Updates
7.5 Daihatsu Diesel
7.5.1 Daihatsu Diesel Gas Turbine Engine Corporation Information
7.5.2 Daihatsu Diesel Gas Turbine Engine Product Portfolio
7.5.3 Daihatsu Diesel Gas Turbine Engine Production, Value, Price and Gross Margin (2019-2024)
7.5.4 Daihatsu Diesel Main Business and Markets Served
7.5.5 Daihatsu Diesel Recent Developments/Updates
7.6 Deutz
7.6.1 Deutz Gas Turbine Engine Corporation Information
7.6.2 Deutz Gas Turbine Engine Product Portfolio
7.6.3 Deutz Gas Turbine Engine Production, Value, Price and Gross Margin (2019-2024)
7.6.4 Deutz Main Business and Markets Served
7.6.5 Deutz Recent Developments/Updates
7.7 GMT
7.7.1 GMT Gas Turbine Engine Corporation Information
7.7.2 GMT Gas Turbine Engine Product Portfolio
7.7.3 GMT Gas Turbine Engine Production, Value, Price and Gross Margin (2019-2024)
7.7.4 GMT Main Business and Markets Served
7.7.5 GMT Recent Developments/Updates
7.8 IHI Corporation Ltd.
7.8.1 IHI Corporation Ltd. Gas Turbine Engine Corporation Information
7.8.2 IHI Corporation Ltd. Gas Turbine Engine Product Portfolio
7.8.3 IHI Corporation Ltd. Gas Turbine Engine Production, Value, Price and Gross Margin (2019-2024)
7.8.4 IHI Corporation Ltd. Main Business and Markets Served
7.7.5 IHI Corporation Ltd. Recent Developments/Updates
7.9 Jason Engineering
7.9.1 Jason Engineering Gas Turbine Engine Corporation Information
7.9.2 Jason Engineering Gas Turbine Engine Product Portfolio
7.9.3 Jason Engineering Gas Turbine Engine Production, Value, Price and Gross Margin (2019-2024)
7.9.4 Jason Engineering Main Business and Markets Served
7.9.5 Jason Engineering Recent Developments/Updates
7.10 Scania
7.10.1 Scania Gas Turbine Engine Corporation Information
7.10.2 Scania Gas Turbine Engine Product Portfolio
7.10.3 Scania Gas Turbine Engine Production, Value, Price and Gross Margin (2019-2024)
7.10.4 Scania Main Business and Markets Served
7.10.5 Scania Recent Developments/Updates
7.11 SIA Rigas Dizelis
7.11.1 SIA Rigas Dizelis Gas Turbine Engine Corporation Information
7.11.2 SIA Rigas Dizelis Gas Turbine Engine Product Portfolio
7.11.3 SIA Rigas Dizelis Gas Turbine Engine Production, Value, Price and Gross Margin (2019-2024)
7.11.4 SIA Rigas Dizelis Main Business and Markets Served
7.11.5 SIA Rigas Dizelis Recent Developments/Updates
7.12 STX Engine
7.12.1 STX Engine Gas Turbine Engine Corporation Information
7.12.2 STX Engine Gas Turbine Engine Product Portfolio
7.12.3 STX Engine Gas Turbine Engine Production, Value, Price and Gross Margin (2019-2024)
7.12.4 STX Engine Main Business and Markets Served
7.12.5 STX Engine Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Gas Turbine Engine Industry Chain Analysis
8.2 Gas Turbine Engine Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Gas Turbine Engine Production Mode & Process
8.4 Gas Turbine Engine Sales and Marketing
8.4.1 Gas Turbine Engine Sales Channels
8.4.2 Gas Turbine Engine Distributors
8.5 Gas Turbine Engine Customers
9 Gas Turbine Engine Market Dynamics
9.1 Gas Turbine Engine Industry Trends
9.2 Gas Turbine Engine Market Drivers
9.3 Gas Turbine Engine Market Challenges
9.4 Gas Turbine Engine Market Restraints
10 Research Finding and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
Published By : QY Research
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