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Synopsis
A gas turbine, also called a combustion turbine, is a type of internal combustion engine. It has an upstream rotating compressor coupled to a downstream turbine, and a combustion chamber or area, called a combustor, in between.
The global Gas Turbine market was valued at US$ 20120 million in 2023 and is anticipated to reach US$ 39260 million by 2030, witnessing a CAGR of 9.9% during the forecast period 2024-2030.
Global Gas Turbine key players include GE, Siemens, Mitsubishi-Hitachi, Alstom, Solar Turbines, etc. Global top five players hold a share about 80%.
Europe is the largest market, with a share about 40%, followed by North America and China, having a total share about 40 percent.
In terms of product, Heavy Duty Gas Turbine is the largest segment, with a share about 63%. And in terms of application, the largest application is Power Generation, followed by Oil & Gas, etc.
This report aims to provide a comprehensive presentation of the global market for Gas Turbine, 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.
Report Scope
The Gas Turbine 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 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 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
- General Electric
- Siemens
- Mitsubishi Hitachi Power Systems
- Wood Group
- Kawasaki Heavy Industries
- Solar Turbines
- Ansaldo Energia
- MTU Aero Engines
- Sulzer
- MAN Diesel and Turbo
- MJB International
- Proenergy Services
- MAN Energy
- BHEL
Segment by Type
- Heavy Duty Gas Turbine
- Aeroderivative Gas Turbine
- Light Duty Gas Turbine
Segment by Application
- Power Generation
- Oil & Gas
- Other
Production by Region
- North America
- Europe
- Japan
- India
Consumption by Region
- North America (United States, Canada)
- Europe (Germany, France, U.K., Italy, Russia)
- Asia-Pacific (China, Japan, South Korea, India, Australia, China Taiwan, Indonesia, Thailand, Malaysia)
- Latin America (Mexico, Brazil, Argentina)
- Middle East & Africa (Turkey, Saudi Arabia, UAE)
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 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 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 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.
Index
1 Gas Turbine Market Overview
1.1 Product Definition
1.2 Gas Turbine Segment by Type
1.2.1 Global Gas Turbine Market Value Growth Rate Analysis by Type 2023 VS 2030
1.2.2 Heavy Duty Gas Turbine
1.2.3 Aeroderivative Gas Turbine
1.2.4 Light Duty Gas Turbine
1.3 Gas Turbine Segment by Application
1.3.1 Global Gas Turbine Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Power Generation
1.3.3 Oil & Gas
1.3.4 Other
1.4 Global Market Growth Prospects
1.4.1 Global Gas Turbine Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global Gas Turbine Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global Gas Turbine Production Estimates and Forecasts (2019-2030)
1.4.4 Global Gas Turbine Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Gas Turbine Production Market Share by Manufacturers (2019-2024)
2.2 Global Gas Turbine Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of Gas Turbine, Industry Ranking, 2022 VS 2023 VS 2024
2.4 Global Gas Turbine Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Gas Turbine Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of Gas Turbine, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Gas Turbine, Product Offered and Application
2.8 Global Key Manufacturers of Gas Turbine, Date of Enter into This Industry
2.9 Gas Turbine Market Competitive Situation and Trends
2.9.1 Gas Turbine Market Concentration Rate
2.9.2 Global 5 and 10 Largest Gas Turbine Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Gas Turbine Production by Region
3.1 Global Gas Turbine Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global Gas Turbine Production Value by Region (2019-2030)
3.2.1 Global Gas Turbine Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of Gas Turbine by Region (2025-2030)
3.3 Global Gas Turbine Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global Gas Turbine Production by Region (2019-2030)
3.4.1 Global Gas Turbine Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of Gas Turbine by Region (2025-2030)
3.5 Global Gas Turbine Market Price Analysis by Region (2019-2024)
3.6 Global Gas Turbine Production and Value, Year-over-Year Growth
3.6.1 North America Gas Turbine Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe Gas Turbine Production Value Estimates and Forecasts (2019-2030)
3.6.3 Japan Gas Turbine Production Value Estimates and Forecasts (2019-2030)
3.6.4 India Gas Turbine Production Value Estimates and Forecasts (2019-2030)
4 Gas Turbine Consumption by Region
4.1 Global Gas Turbine Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global Gas Turbine Consumption by Region (2019-2030)
4.2.1 Global Gas Turbine Consumption by Region (2019-2024)
4.2.2 Global Gas Turbine Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America Gas Turbine Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America Gas Turbine Consumption by Country (2019-2030)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Gas Turbine Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe Gas Turbine 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 Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific Gas Turbine 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 Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa Gas Turbine 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 Production by Type (2019-2030)
5.1.1 Global Gas Turbine Production by Type (2019-2024)
5.1.2 Global Gas Turbine Production by Type (2025-2030)
5.1.3 Global Gas Turbine Production Market Share by Type (2019-2030)
5.2 Global Gas Turbine Production Value by Type (2019-2030)
5.2.1 Global Gas Turbine Production Value by Type (2019-2024)
5.2.2 Global Gas Turbine Production Value by Type (2025-2030)
5.2.3 Global Gas Turbine Production Value Market Share by Type (2019-2030)
5.3 Global Gas Turbine Price by Type (2019-2030)
6 Segment by Application
6.1 Global Gas Turbine Production by Application (2019-2030)
6.1.1 Global Gas Turbine Production by Application (2019-2024)
6.1.2 Global Gas Turbine Production by Application (2025-2030)
6.1.3 Global Gas Turbine Production Market Share by Application (2019-2030)
6.2 Global Gas Turbine Production Value by Application (2019-2030)
6.2.1 Global Gas Turbine Production Value by Application (2019-2024)
6.2.2 Global Gas Turbine Production Value by Application (2025-2030)
6.2.3 Global Gas Turbine Production Value Market Share by Application (2019-2030)
6.3 Global Gas Turbine Price by Application (2019-2030)
7 Key Companies Profiled
7.1 General Electric
7.1.1 General Electric Gas Turbine Corporation Information
7.1.2 General Electric Gas Turbine Product Portfolio
7.1.3 General Electric Gas Turbine Production, Value, Price and Gross Margin (2019-2024)
7.1.4 General Electric Main Business and Markets Served
7.1.5 General Electric Recent Developments/Updates
7.2 Siemens
7.2.1 Siemens Gas Turbine Corporation Information
7.2.2 Siemens Gas Turbine Product Portfolio
7.2.3 Siemens Gas Turbine Production, Value, Price and Gross Margin (2019-2024)
7.2.4 Siemens Main Business and Markets Served
7.2.5 Siemens Recent Developments/Updates
7.3 Mitsubishi Hitachi Power Systems
7.3.1 Mitsubishi Hitachi Power Systems Gas Turbine Corporation Information
7.3.2 Mitsubishi Hitachi Power Systems Gas Turbine Product Portfolio
7.3.3 Mitsubishi Hitachi Power Systems Gas Turbine Production, Value, Price and Gross Margin (2019-2024)
7.3.4 Mitsubishi Hitachi Power Systems Main Business and Markets Served
7.3.5 Mitsubishi Hitachi Power Systems Recent Developments/Updates
7.4 Wood Group
7.4.1 Wood Group Gas Turbine Corporation Information
7.4.2 Wood Group Gas Turbine Product Portfolio
7.4.3 Wood Group Gas Turbine Production, Value, Price and Gross Margin (2019-2024)
7.4.4 Wood Group Main Business and Markets Served
7.4.5 Wood Group Recent Developments/Updates
7.5 Kawasaki Heavy Industries
7.5.1 Kawasaki Heavy Industries Gas Turbine Corporation Information
7.5.2 Kawasaki Heavy Industries Gas Turbine Product Portfolio
7.5.3 Kawasaki Heavy Industries Gas Turbine Production, Value, Price and Gross Margin (2019-2024)
7.5.4 Kawasaki Heavy Industries Main Business and Markets Served
7.5.5 Kawasaki Heavy Industries Recent Developments/Updates
7.6 Solar Turbines
7.6.1 Solar Turbines Gas Turbine Corporation Information
7.6.2 Solar Turbines Gas Turbine Product Portfolio
7.6.3 Solar Turbines Gas Turbine Production, Value, Price and Gross Margin (2019-2024)
7.6.4 Solar Turbines Main Business and Markets Served
7.6.5 Solar Turbines Recent Developments/Updates
7.7 Ansaldo Energia
7.7.1 Ansaldo Energia Gas Turbine Corporation Information
7.7.2 Ansaldo Energia Gas Turbine Product Portfolio
7.7.3 Ansaldo Energia Gas Turbine Production, Value, Price and Gross Margin (2019-2024)
7.7.4 Ansaldo Energia Main Business and Markets Served
7.7.5 Ansaldo Energia Recent Developments/Updates
7.8 MTU Aero Engines
7.8.1 MTU Aero Engines Gas Turbine Corporation Information
7.8.2 MTU Aero Engines Gas Turbine Product Portfolio
7.8.3 MTU Aero Engines Gas Turbine Production, Value, Price and Gross Margin (2019-2024)
7.8.4 MTU Aero Engines Main Business and Markets Served
7.7.5 MTU Aero Engines Recent Developments/Updates
7.9 Sulzer
7.9.1 Sulzer Gas Turbine Corporation Information
7.9.2 Sulzer Gas Turbine Product Portfolio
7.9.3 Sulzer Gas Turbine Production, Value, Price and Gross Margin (2019-2024)
7.9.4 Sulzer Main Business and Markets Served
7.9.5 Sulzer Recent Developments/Updates
7.10 MAN Diesel and Turbo
7.10.1 MAN Diesel and Turbo Gas Turbine Corporation Information
7.10.2 MAN Diesel and Turbo Gas Turbine Product Portfolio
7.10.3 MAN Diesel and Turbo Gas Turbine Production, Value, Price and Gross Margin (2019-2024)
7.10.4 MAN Diesel and Turbo Main Business and Markets Served
7.10.5 MAN Diesel and Turbo Recent Developments/Updates
7.11 MJB International
7.11.1 MJB International Gas Turbine Corporation Information
7.11.2 MJB International Gas Turbine Product Portfolio
7.11.3 MJB International Gas Turbine Production, Value, Price and Gross Margin (2019-2024)
7.11.4 MJB International Main Business and Markets Served
7.11.5 MJB International Recent Developments/Updates
7.12 Proenergy Services
7.12.1 Proenergy Services Gas Turbine Corporation Information
7.12.2 Proenergy Services Gas Turbine Product Portfolio
7.12.3 Proenergy Services Gas Turbine Production, Value, Price and Gross Margin (2019-2024)
7.12.4 Proenergy Services Main Business and Markets Served
7.12.5 Proenergy Services Recent Developments/Updates
7.13 MAN Energy
7.13.1 MAN Energy Gas Turbine Corporation Information
7.13.2 MAN Energy Gas Turbine Product Portfolio
7.13.3 MAN Energy Gas Turbine Production, Value, Price and Gross Margin (2019-2024)
7.13.4 MAN Energy Main Business and Markets Served
7.13.5 MAN Energy Recent Developments/Updates
7.14 BHEL
7.14.1 BHEL Gas Turbine Corporation Information
7.14.2 BHEL Gas Turbine Product Portfolio
7.14.3 BHEL Gas Turbine Production, Value, Price and Gross Margin (2019-2024)
7.14.4 BHEL Main Business and Markets Served
7.14.5 BHEL Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Gas Turbine Industry Chain Analysis
8.2 Gas Turbine Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Gas Turbine Production Mode & Process
8.4 Gas Turbine Sales and Marketing
8.4.1 Gas Turbine Sales Channels
8.4.2 Gas Turbine Distributors
8.5 Gas Turbine Customers
9 Gas Turbine Market Dynamics
9.1 Gas Turbine Industry Trends
9.2 Gas Turbine Market Drivers
9.3 Gas Turbine Market Challenges
9.4 Gas Turbine 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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