Gas Turbine Market Size And Share

  • Report Code : TIPRE00010050
  • Category : Energy and Power
  • No. of Pages : 150
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Gas Turbine Market Size, Scope, and Share by 2031

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Gas Turbine Market: Strategic Insights

Gas Turbine Market

  • CAGR (2023 - 2031)
    4.2%
  • Market Size 2023
    US$ 21.67 Billion
  • Market Size 2031
    US$ 30.12 Billion

Market Dynamics

GROWTH DRIVERS
  • Rising Demand for Distributed Power Generation Technologies
FUTURE TRENDS
  • Growing Application of Gas Turbines in the Aviation Industry
OPPORTUNITIES
  • Rising Concerns Regarding Greenhouse Gas Emission is Expected to be the Prime Driver for Gas Turbine Market

Key Players

  • Ansaldo Energia S p A
  • General Electric Company
  • Harbin Electric Company Limited
  • Kawasaki Heavy Industries
  • Ltd
  • Man Energy Solutions
  • Mitsubishi Heavy Industries
  • Caterpillar Inc
  • Siemens AG

Regional Overview

  • North America
  • Europe
  • Asia-Pacific
  • South and Central America
  • Middle East and Africa

Market Segmentation

Technology
  • Open Cycle
  • Combine Cycle
Capacity
  • Below 40 MW
  • 40-120 MW
  • 120-300 MW
  • Above 300 MW
Application
  • Power Generation
  • Oil and Gas
  • Industrial