Gas Turbine Market

ID: 2368

128 Pages

Research Team

10/2024

Gas Turbine Market Research Report Information By Type (Industrial, Heavy-Duty and Aeroderivative), By Rating Capacity (Less Than 40 MW, 40 to 120 MW, 121 to 300 MW, and Above 300 MW), By End-User (Power Generation, Oil & Gas, Marine, Process Plants, and Others) By Technology (Open Cycle and Combined Cycle) and By Region -Global Forecast to 2034

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1. Market Overview

2. Market Trends

3. Market Segment Insights

4. Key Players and Competitive Insights

5. Industry Developments

6. Market Segmentation

7. Report Scope

8. Market Highlights

9. FAQs

Certified Researchers

Market Summary

Research Methodology on Gas Turbine Market

Introduction

The Gas Turbine Market report provides a comprehensive overview of the competitive landscape, along with the future prospects and competitive strategies of the leading manufacturers engaged in this market. This report contains the in-depth analysis of company profiles, top market players, competitive landscape, along with the current market trends and market forecasts. The report also provides insights into the economic prospects of the global gas turbine market.

Research methodology

This report carries out an extensive quantitative and qualitative study on the global gas turbine market. The research has extensively analysed the gas turbine industry to help companies, investors, policy makers and other stakeholders in making informed decisions for their long-term gains.

Research design

The research design includes the following components:

• Research Objectives:

The objective of this study is to analyse the primary and secondary data on the gas turbine market and to provide relevant insights and forecasts.

• Secondary Research:

This includes gathering data from published sources such as bulletin boards, corporate financial reports and government publications to gain an understanding of the market forces that are shaping the gas turbine industry.

• Primary Research:

This includes conducting a detailed survey and interviews of market experts and industry participants. Interviews are conducted with leading players in the gas turbine industry in order to understand their market strategies and gain more information on the present and future market trends.

• Quantitative Analysis:

This includes gathering data from secondary sources such as public databases and statistics, and analysing it using quantitative techniques such as regression analysis, correlation analysis and factor analysis.

• Qualitative Analysis:

This includes conducting focus group interviews with industry participants and market analysts to gain an understanding of the market forces that are currently driving the gas turbine industry.

Sampling Plan

The research study uses quantitative and qualitative methodologies. The researchers conducted both primary and secondary research methods to collect the data and compile the report. Primary research methods include surveys and interviews, where the surveys are conducted online and in-person. The interviews are conducted with industry players and experts to gain an understanding of the market dynamics and forecasts. The secondary research is done using public and private sector databases and reports.

Data Collection

The research study is based on both primary and secondary data sources. Primary data sources include surveys and interviews. The surveys are conducted online and in-person. The interviews are conducted with industry players and experts to gain an understanding of the market dynamics and forecasts. The secondary data sources include public and private sector databases and reports.

Quantitative Analysis

Qualitative Analysis

This includes conducting focus group interviews with industry participants and market analysts to gain an understanding of the market forces that are currently driving the gas turbine industry.

Data Analysis

The data is analysed using qualitative and quantitative methods. The qualitative analysis used the content analysis technique and includes open-ended questions. The quantitative analysis used descriptive and inferential statistics to analyse the data. The descriptive statistics used are mean, median, mode, range, standard deviation, and coefficient of variation. The inferential statistics used are t-test, chi-square test, regression analysis and correlation analysis.

Conclusion

The research study is an in-depth analysis of the global gas turbine market and provides relevant insights and forecasts for the industry. The research design includes obtaining data from primary and secondary sources and examining it using qualitative and quantitative methods. The research also identifies some potential limitations like geographical and demographic limitations of the respondents, limited data sources available and personal perceptions of the respondents. The research study is expected to help companies, investors, policy makers and other stakeholders in making informed decisions for their long-term gains.

Market Size & Forecast

Attribute/Metric	Details
Market Size 2024	38,841.92 (USD Million)
Market Size 2025	40,325.78 (USD Million)
Market Size 2034	56,509.45 (USD Million)
Compound Annual Growth Rate (CAGR)	3.82% (2025 - 2034)
Report Coverage	Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
Base Year	2024
Market Forecast Period	2025 - 2034
Historical Data	2019 - 2023
Report Coverage	Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
Segments Covered	Type, Rating Capacity, End-User, Technology and Region
Geographies Covered	North America, Europe, Asia Pacific, Rest of World
Countries Covered	US, Canada, Germany, UK, France, Spain, Italy, Poland, Netherlands, Belgium, Austria, China, Japan, India, Malaysia, South Korea, Brazil, Chile, Argentina, South Africa, Saudi Arabia, Qatar, Oman, UAE
Key Companies Profiled	Siemens Energy, General Electric, Ansaldo Energia, IHI Corporation, MAPNA Group, Mitsubishi Heavy Industries, Ltd., Rolls-Royce, Bharat Heavy Electricals Limited, Solar Turbines Incorporated, Baker Hughes and Others
Key Market Opportunities	Growing emphasis on cleaner energy sources
Key Market Dynamics	Increasing demand for reliable and efficient power generation solutions

Major Players

Gas Turbine Market Segmentation

Gas Turbine Type Outlook (USD Million, 2018-2032)

Industrial
Heavy Duty
Aeroderivative

Gas Turbine Rating Capacity Outlook (USD Million, 2018-2032)

Less than 40 MW
40 to 120 MW
121 to 300 MW
Above 300 MW

Gas Turbine End-User Outlook (USD Million, 2018-2032)

Power Generation
Oil & Gas
Marine
Process Plants
Others

Gas Turbine Technology Outlook (USD Million, 2018-2032)

Open Cycle
Combined Cycle

Gas Turbine Regional Outlook (USD Million, 2018-2032)

North America Outlook (USD Million, 2018-2032)
- North America Gas Turbine Type Outlook (USD Million, 2018-2032)
  - Industrial
  - Heavy Duty
  - Aeroderivative
- North America Gas Turbine Rating Capacity Outlook (USD Million, 2018-2032)
  - Less than 40 MW
  - 40 to 120 MW
  - 121 to 300 MW
  - Above 300 MW
- North America Gas Turbine End-User Outlook (USD Million, 2018-2032)
  - Power Generation
  - Oil & Gas
  - Marine
  - Process Plants
  - Others
- North America Gas Turbine Technology Outlook (USD Million, 2018-2032)
  - Open Cycle
  - Combined Cycle
- US Outlook (USD Million, 2018-2032)
  - US Gas Turbine Type Outlook (USD Million, 2018-2032)
    - Industrial
    - Heavy Duty
    - Aeroderivative
  - US Gas Turbine Rating Capacity Outlook (USD Million, 2018-2032)
    - Less than 40 MW
    - 40 to 120 MW
    - 121 to 300 MW
    - Above 300 MW
  - US Gas Turbine End-User Outlook (USD Million, 2018-2032)
    - Power Generation
    - Oil & Gas
    - Marine
    - Process Plants
    - Others
  - US Gas Turbine Technology Outlook (USD Million, 2018-2032)
    - Open Cycle
    - Combined Cycle
  - Canada Outlook (USD Million, 2018-2032)
    - Canada Gas Turbine Type Outlook (USD Million, 2018-2032)
      - Industrial
      - Heavy Duty
      - Aeroderivative
    - Canada Gas Turbine Rating Capacity Outlook (USD Million, 2018-2032)
      - Less than 40 MW
      - 40 to 120 MW
      - 121 to 300 MW
      - Above 300 MW
    - Canada Gas Turbine End-User Outlook (USD Million, 2018-2032)
      - Power Generation
      - Oil & Gas
      - Marine
      - Process Plants
      - Others
    - Canada Gas Turbine Technology Outlook (USD Million, 2018-2032)
      - Open Cycle
      - Combined Cycle
    - Mexico Outlook (USD Million, 2018-2032)
      - Mexico Gas Turbine Type Outlook (USD Million, 2018-2032)
        
        Industrial
        
        Heavy Duty
        
        Aeroderivative
      - Mexico Gas Turbine Rating Capacity Outlook (USD Million, 2018-2032)
        
        Less than 40 MW
        
        40 to 120 MW
        
        121 to 300 MW
        
        Above 300 MW
      - Mexico Gas Turbine End-User Outlook (USD Million, 2018-2032)
        
        Power Generation
        
        Oil & Gas
        
        Marine
        
        Process Plants
        
        Others
      - Mexico Gas Turbine Technology Outlook (USD Million, 2018-2032)
        
        Open Cycle
        
        Combined Cycle
      - Europe Outlook (USD Million, 2018-2032)
        
        Europe Gas Turbine Type Outlook (USD Million, 2018-2032)
        
        Industrial
        
        Heavy Duty
        
        Aeroderivative
        
        Europe Gas Turbine Rating Capacity Outlook (USD Million, 2018-2032)
        
        Less than 40 MW
        
        40 to 120 MW
        
        121 to 300 MW
        
        Above 300 MW
        
        Europe Gas Turbine End-User Outlook (USD Million, 2018-2032)
        
        Power Generation
        
        Oil & Gas
        
        Marine
        
        Process Plants
        
        Others
        
        Europe Gas Turbine Technology Outlook (USD Million, 2018-2032)
        
        Open Cycle
        
        Combined Cycle
        
        Germany Outlook (USD Million, 2018-2032)
        
        Germany Gas Turbine Type Outlook (USD Million, 2018-2032)
        
        Industrial
        
        Heavy Duty
        
        Aeroderivative
        
        Germany Gas Turbine Rating Capacity Outlook (USD Million, 2018-2032)
        
        Less than 40 MW
        
        40 to 120 MW
        
        121 to 300 MW
        
        Above 300 MW
        
        Germany Gas Turbine End-User Outlook (USD Million, 2018-2032)
        
        Power Generation
        
        Oil & Gas
        
        Marine
        
        Process Plants
        
        Others
        
        Germany Gas Turbine Technology Outlook (USD Million, 2018-2032)
        
        Open Cycle
        
        Combined Cycle
        
        France Outlook (USD Million, 2018-2032)
        
        France Gas Turbine Type Outlook (USD Million, 2018-2032)
        
        Industrial
        
        Heavy Duty
        
        Aeroderivative
        
        France Gas Turbine Rating Capacity Outlook (USD Million, 2018-2032)
        
        Less than 40 MW
        
        40 to 120 MW
        
        121 to 300 MW
        
        Above 300 MW
        
        France Gas Turbine End-User Outlook (USD Million, 2018-2032)
        
        Power Generation
        
        Oil & Gas
        
        Marine
        
        Process Plants
        
        Others
        
        France Gas Turbine Technology Outlook (USD Million, 2018-2032)
        
        Open Cycle
        
        Combined Cycle
        
        UK Outlook (USD Million, 2018-2032)
        
        UK Gas Turbine Type Outlook (USD Million, 2018-2032)
        
        Industrial
        
        Heavy Duty
        
        Aeroderivative
        
        UK Gas Turbine Rating Capacity Outlook (USD Million, 2018-2032)
        
        Less than 40 MW
        
        40 to 120 MW
        
        121 to 300 MW
        
        Above 300 MW
        
        UK Gas Turbine End-User Outlook (USD Million, 2018-2032)
        
        Power Generation
        
        Oil & Gas
        
        Marine
        
        Process Plants
        
        Others
        
        UK Gas Turbine Technology Outlook (USD Million, 2018-2032)
        
        Open Cycle
        
        Combined Cycle
        
        Spain Outlook (USD Million, 2018-2032)
        
        Spain Gas Turbine Type Outlook (USD Million, 2018-2032)
        
        Industrial
        
        Heavy Duty
        
        Aeroderivative
        
        Spain Gas Turbine Rating Capacity Outlook (USD Million, 2018-2032)
        
        Less than 40 MW
        
        40 to 120 MW
        
        121 to 300 MW
        
        Above 300 MW
        
        Spain Gas Turbine End-User Outlook (USD Million, 2018-2032)
        
        Power Generation
        
        Oil & Gas
        
        Marine
        
        Process Plants
        
        Others
        
        Spain Gas Turbine Technology Outlook (USD Million, 2018-2032)
        
        Open Cycle
        
        Combined Cycle
        
        Italy Outlook (USD Million, 2018-2032)
        
        Italy Gas Turbine Type Outlook (USD Million, 2018-2032)
        
        Industrial
        
        Heavy Duty
        
        Aeroderivative
        
        Italy Gas Turbine Rating Capacity Outlook (USD Million, 2018-2032)
        
        Less than 40 MW
        
        40 to 120 MW
        
        121 to 300 MW
        
        Above 300 MW
        
        Italy Gas Turbine End-User Outlook (USD Million, 2018-2032)
        
        Power Generation
        
        Oil & Gas
        
        Marine
        
        Process Plants
        
        Others
        
        Italy Gas Turbine Technology Outlook (USD Million, 2018-2032)
        
        Open Cycle
        
        Combined Cycle
        
        Poland Outlook (USD Million, 2018-2032)
        
        Poland Gas Turbine Type Outlook (USD Million, 2018-2032)
        
        Industrial
        
        Heavy Duty
        
        Aeroderivative
        
        Poland Gas Turbine Rating Capacity Outlook (USD Million, 2018-2032)
        
        Less than 40 MW
        
        40 to 120 MW
        
        121 to 300 MW
        
        Above 300 MW
        
        Poland Gas Turbine End-User Outlook (USD Million, 2018-2032)
        
        Power Generation
        
        Oil & Gas
        
        Marine
        
        Process Plants
        
        Others
        
        Poland Gas Turbine Technology Outlook (USD Million, 2018-2032)
        
        Open Cycle
        
        Combined Cycle
        
        Netherlands Outlook (USD Million, 2018-2032)
        
        Netherlands Gas Turbine Type Outlook (USD Million, 2018-2032)
        
        Industrial
        
        Heavy Duty
        
        Aeroderivative
        
        Netherlands Gas Turbine Rating Capacity Outlook (USD Million, 2018-2032)
        
        Less than 40 MW
        
        40 to 120 MW
        
        121 to 300 MW
        
        Above 300 MW
        
        Netherlands Gas Turbine End-User Outlook (USD Million, 2018-2032)
        
        Power Generation
        
        Oil & Gas
        
        Marine
        
        Process Plants
        
        Others
        
        Netherlands Gas Turbine Technology Outlook (USD Million, 2018-2032)
        
        Open Cycle
        
        Combined Cycle
        
        Belgium Outlook (USD Million, 2018-2032)
        
        Belgium Gas Turbine Type Outlook (USD Million, 2018-2032)
        
        Industrial
        
        Heavy Duty
        
        Aeroderivative
        
        Belgium Gas Turbine Rating Capacity Outlook (USD Million, 2018-2032)
        
        Less than 40 MW
        
        40 to 120 MW
        
        121 to 300 MW
        
        Above 300 MW
        
        Belgium Gas Turbine End-User Outlook (USD Million, 2018-2032)
        
        Power Generation
        
        Oil & Gas
        
        Marine
        
        Process Plants
        
        Others
        
        Belgium Gas Turbine Technology Outlook (USD Million, 2018-2032)
        
        Open Cycle
        
        Combined Cycle
        
        Austria Outlook (USD Million, 2018-2032)
        
        Austria Gas Turbine Type Outlook (USD Million, 2018-2032)
        
        Industrial
        
        Heavy Duty
        
        Aeroderivative
        
        Austria Gas Turbine Rating Capacity Outlook (USD Million, 2018-2032)
        
        Less than 40 MW
        
        40 to 120 MW
        
        121 to 300 MW
        
        Above 300 MW
        
        Austria Gas Turbine End-User Outlook (USD Million, 2018-2032)
        
        Power Generation
        
        Oil & Gas
        
        Marine
        
        Process Plants
        
        Others
        
        Austria Gas Turbine Technology Outlook (USD Million, 2018-2032)
        
        Open Cycle
        
        Combined Cycle
        
        Rest of Europe Outlook (USD Million, 2018-2032)
        
        Rest of Europe Gas Turbine Type Outlook (USD Million, 2018-2032)
        
        Industrial
        
        Heavy Duty
        
        Aeroderivative
        
        Rest of Europe Gas Turbine Rating Capacity Outlook (USD Million, 2018-2032)
        
        Less than 40 MW
        
        40 to 120 MW
        
        121 to 300 MW
        
        Above 300 MW
        
        Rest of Europe Gas Turbine End-User Outlook (USD Million, 2018-2032)
        
        Power Generation
        
        Oil & Gas
        
        Marine
        
        Process Plants
        
        Others
        
        Rest of Europe Gas Turbine Technology Outlook (USD Million, 2018-2032)
        
        Open Cycle
        
        Combined Cycle
        
        Asia-Pacific Outlook (USD Million, 2018-2032)
        
        Asia-Pacific Gas Turbine Type Outlook (USD Million, 2018-2032)
        
        Industrial
        
        Heavy Duty
        
        Aeroderivative
        
        Asia-Pacific Gas Turbine Rating Capacity Outlook (USD Million, 2018-2032)
        
        Less than 40 MW
        
        40 to 120 MW
        
        121 to 300 MW
        
        Above 300 MW
        
        Asia-Pacific Gas Turbine End-User Outlook (USD Million, 2018-2032)
        
        Power Generation
        
        Oil & Gas
        
        Marine
        
        Process Plants
        
        Others
        
        Asia-Pacific Gas Turbine Technology Outlook (USD Million, 2018-2032)
        
        Open Cycle
        
        Combined Cycle
        
        China Outlook (USD Million, 2018-2032)
        
        China Gas Turbine Type Outlook (USD Million, 2018-2032)
        
        Industrial
        
        Heavy Duty
        
        Aeroderivative
        
        China Gas Turbine Rating Capacity Outlook (USD Million, 2018-2032)
        
        Less than 40 MW
        
        40 to 120 MW
        
        121 to 300 MW
        
        Above 300 MW
        
        China Gas Turbine End-User Outlook (USD Million, 2018-2032)
        
        Power Generation
        
        Oil & Gas
        
        Marine
        
        Process Plants
        
        Others
        
        China Gas Turbine Technology Outlook (USD Million, 2018-2032)
        
        Open Cycle
        
        Combined Cycle
        
        India Outlook (USD Million, 2018-2032)
        
        India Gas Turbine Type Outlook (USD Million, 2018-2032)
        
        Industrial
        
        Heavy Duty
        
        Aeroderivative
        
        India Gas Turbine Rating Capacity Outlook (USD Million, 2018-2032)
        
        Less than 40 MW
        
        40 to 120 MW
        
        121 to 300 MW
        
        Above 300 MW
        
        India Gas Turbine End-User Outlook (USD Million, 2018-2032)
        
        Power Generation
        
        Oil & Gas
        
        Marine
        
        Process Plants
        
        Others
        
        India Gas Turbine Technology Outlook (USD Million, 2018-2032)
        
        Open Cycle
        
        Combined Cycle
        
        Japan Outlook (USD Million, 2018-2032)
        
        Japan Gas Turbine Type Outlook (USD Million, 2018-2032)
        
        Industrial
        
        Heavy Duty
        
        Aeroderivative
        
        Japan Gas Turbine Rating Capacity Outlook (USD Million, 2018-2032)
        
        Less than 40 MW
        
        40 to 120 MW
        
        121 to 300 MW
        
        Above 300 MW
        
        Japan Gas Turbine End-User Outlook (USD Million, 2018-2032)
        
        Power Generation
        
        Oil & Gas
        
        Marine
        
        Process Plants
        
        Others
        
        Japan Gas Turbine Technology Outlook (USD Million, 2018-2032)
        
        Open Cycle
        
        Combined Cycle
        
        Malaysia Outlook (USD Million, 2018-2032)
        
        Malaysia Gas Turbine Type Outlook (USD Million, 2018-2032)
        
        Industrial
        
        Heavy Duty
        
        Aeroderivative
        
        Malaysia Gas Turbine Rating Capacity Outlook (USD Million, 2018-2032)
        
        Less than 40 MW
        
        40 to 120 MW
        
        121 to 300 MW
        
        Above 300 MW
        
        Malaysia Gas Turbine End-User Outlook (USD Million, 2018-2032)
        
        Power Generation
        
        Oil & Gas
        
        Marine
        
        Process Plants
        
        Others
        
        Malaysia Gas Turbine Technology Outlook (USD Million, 2018-2032)
        
        Open Cycle
        
        Combined Cycle
        
        South Korea Outlook (USD Million, 2018-2032)
        
        South Korea Gas Turbine Type Outlook (USD Million, 2018-2032)
        
        Industrial
        
        Heavy Duty
        
        Aeroderivative
        
        South Korea Gas Turbine Rating Capacity Outlook (USD Million, 2018-2032)
        
        Less than 40 MW
        
        40 to 120 MW
        
        121 to 300 MW
        
        Above 300 MW
        
        South Korea Gas Turbine End-User Outlook (USD Million, 2018-2032)
        
        Power Generation
        
        Oil & Gas
        
        Marine
        
        Process Plants
        
        Others
        
        South Korea Gas Turbine Technology Outlook (USD Million, 2018-2032)
        
        Open Cycle
        
        Combined Cycle
        
        Rest of Asia-Pacific Outlook (USD Million, 2018-2032)
        
        Rest of Asia-Pacific Gas Turbine Type Outlook (USD Million, 2018-2032)
        
        Industrial
        
        Heavy Duty
        
        Aeroderivative
        
        Rest of Asia-Pacific Gas Turbine Rating Capacity Outlook (USD Million, 2018-2032)
        
        Less than 40 MW
        
        40 to 120 MW
        
        121 to 300 MW
        
        Above 300 MW
        
        Rest of Asia-Pacific Gas Turbine End-User Outlook (USD Million, 2018-2032)
        
        Power Generation
        
        Oil & Gas
        
        Marine
        
        Process Plants
        
        Others
        
        Rest of Asia-Pacific Gas Turbine Technology Outlook (USD Million, 2018-2032)
        
        Open Cycle
        
        Combined Cycle
        
        South America Outlook (USD Million, 2018-2032)
        
        South America Gas Turbine Type Outlook (USD Million, 2018-2032)
        
        Industrial
        
        Heavy Duty
        
        Aeroderivative
        
        South America Gas Turbine Rating Capacity Outlook (USD Million, 2018-2032)
        
        Less than 40 MW
        
        40 to 120 MW
        
        121 to 300 MW
        
        Above 300 MW
        
        South America Gas Turbine End-User Outlook (USD Million, 2018-2032)
        
        Power Generation
        
        Oil & Gas
        
        Marine
        
        Process Plants
        
        Others
        
        South America Gas Turbine Technology Outlook (USD Million, 2018-2032)
        
        Open Cycle
        
        Combined Cycle
        
        Brazil Outlook (USD Million, 2018-2032)
        
        Brazil Gas Turbine Type Outlook (USD Million, 2018-2032)
        
        Industrial
        
        Heavy Duty
        
        Aeroderivative
        
        Brazil Gas Turbine Rating Capacity Outlook (USD Million, 2018-2032)
        
        Less than 40 MW
        
        40 to 120 MW
        
        121 to 300 MW
        
        Above 300 MW
        
        Brazil Gas Turbine End-User Outlook (USD Million, 2018-2032)
        
        Power Generation
        
        Oil & Gas
        
        Marine
        
        Process Plants
        
        Others
        
        Brazil Gas Turbine Technology Outlook (USD Million, 2018-2032)
        
        Open Cycle
        
        Combined Cycle
        
        Argentina Outlook (USD Million, 2018-2032)
        
        Argentina Gas Turbine Type Outlook (USD Million, 2018-2032)
        
        Industrial
        
        Heavy Duty
        
        Aeroderivative
        
        Argentina Gas Turbine Rating Capacity Outlook (USD Million, 2018-2032)
        
        Less than 40 MW
        
        40 to 120 MW
        
        121 to 300 MW
        
        Above 300 MW
        
        Argentina Gas Turbine End-User Outlook (USD Million, 2018-2032)
        
        Power Generation
        
        Oil & Gas
        
        Marine
        
        Process Plants
        
        Others
        
        Argentina Gas Turbine Technology Outlook (USD Million, 2018-2032)
        
        Open Cycle
        
        Combined Cycle
        
        Chile Outlook (USD Million, 2018-2032)
        
        Chile Gas Turbine Type Outlook (USD Million, 2018-2032)
        
        Industrial
        
        Heavy Duty
        
        Aeroderivative
        
        Chile Gas Turbine Rating Capacity Outlook (USD Million, 2018-2032)
        
        Less than 40 MW
        
        40 to 120 MW
        
        121 to 300 MW
        
        Above 300 MW
        
        Chile Gas Turbine End-User Outlook (USD Million, 2018-2032)
        
        Power Generation
        
        Oil & Gas
        
        Marine
        
        Process Plants
        
        Others
        
        Chile Gas Turbine Technology Outlook (USD Million, 2018-2032)
        
        Open Cycle
        
        Combined Cycle
        
        Rest of South America Outlook (USD Million, 2018-2032)
        
        Rest of South America Gas Turbine Type Outlook (USD Million, 2018-2032)
        
        Industrial
        
        Heavy Duty
        
        Aeroderivative
        
        Rest of South America Gas Turbine Rating Capacity Outlook (USD Million, 2018-2032)
        
        Less than 40 MW
        
        40 to 120 MW
        
        121 to 300 MW
        
        Above 300 MW
        
        Rest of South America Gas Turbine End-User Outlook (USD Million, 2018-2032)
        
        Power Generation
        
        Oil & Gas
        
        Marine
        
        Process Plants
        
        Others
        
        Rest of South America Gas Turbine Technology Outlook (USD Million, 2018-2032)
        
        Open Cycle
        
        Combined Cycle
        
        Middle East & Africa Outlook (USD Million, 2018-2032)
        
        Middle East & Africa Gas Turbine Type Outlook (USD Million, 2018-2032)
        
        Industrial
        
        Heavy Duty
        
        Aeroderivative
        
        Middle East & Africa Gas Turbine Rating Capacity Outlook (USD Million, 2018-2032)
        
        Less than 40 MW
        
        40 to 120 MW
        
        121 to 300 MW
        
        Above 300 MW
        
        Middle East & Africa Gas Turbine End-User Outlook (USD Million, 2018-2032)
        
        Power Generation
        
        Oil & Gas
        
        Marine
        
        Process Plants
        
        Others
        
        Middle East & Africa Gas Turbine Technology Outlook (USD Million, 2018-2032)
        
        Open Cycle
        
        Combined Cycle
        
        Saudi Arabia Outlook (USD Million, 2018-2032)
        
        Saudi Arabia Gas Turbine Type Outlook (USD Million, 2018-2032)
        
        Industrial
        
        Heavy Duty
        
        Aeroderivative
        
        Saudi Arabia Gas Turbine Rating Capacity Outlook (USD Million, 2018-2032)
        
        Less than 40 MW
        
        40 to 120 MW
        
        121 to 300 MW
        
        Above 300 MW
        
        Saudi Arabia Gas Turbine End-User Outlook (USD Million, 2018-2032)
        
        Power Generation
        
        Oil & Gas
        
        Marine
        
        Process Plants
        
        Others
        
        Saudi Arabia Gas Turbine Technology Outlook (USD Million, 2018-2032)
        
        Open Cycle
        
        Combined Cycle
        
        Qatar Outlook (USD Million, 2018-2032)
        
        Qatar Gas Turbine Type Outlook (USD Million, 2018-2032)
        
        Industrial
        
        Heavy Duty
        
        Aeroderivative
        
        Qatar Gas Turbine Rating Capacity Outlook (USD Million, 2018-2032)
        
        Less than 40 MW
        
        40 to 120 MW
        
        121 to 300 MW
        
        Above 300 MW
        
        Qatar Gas Turbine End-User Outlook (USD Million, 2018-2032)
        
        Power Generation
        
        Oil & Gas
        
        Marine
        
        Process Plants
        
        Others
        
        Qatar Gas Turbine Technology Outlook (USD Million, 2018-2032)
        
        Open Cycle
        
        Combined Cycle
        
        Oman Outlook (USD Million, 2018-2032)
        
        Oman Gas Turbine Type Outlook (USD Million, 2018-2032)
        
        Industrial
        
        Heavy Duty
        
        Aeroderivative
        
        Oman Gas Turbine Rating Capacity Outlook (USD Million, 2018-2032)
        
        Less than 40 MW
        
        40 to 120 MW
        
        121 to 300 MW
        
        Above 300 MW
        
        Oman Gas Turbine End-User Outlook (USD Million, 2018-2032)
        
        Power Generation
        
        Oil & Gas
        
        Marine
        
        Process Plants
        
        Others
        
        Oman Gas Turbine Technology Outlook (USD Million, 2018-2032)
        
        Open Cycle
        
        Combined Cycle
        
        UAE Outlook (USD Million, 2018-2032)
        
        UAE Gas Turbine Type Outlook (USD Million, 2018-2032)
        
        Industrial
        
        Heavy Duty
        
        Aeroderivative
        
        UAE Gas Turbine Rating Capacity Outlook (USD Million, 2018-2032)
        
        Less than 40 MW
        
        40 to 120 MW
        
        121 to 300 MW
        
        Above 300 MW
        
        UAE Gas Turbine End-User Outlook (USD Million, 2018-2032)
        
        Power Generation
        
        Oil & Gas
        
        Marine
        
        Process Plants
        
        Others
        
        UAE Gas Turbine Technology Outlook (USD Million, 2018-2032)
        
        Open Cycle
        
        Combined Cycle
        
        South Africa Outlook (USD Million, 2018-2032)
        
        South Africa Gas Turbine Type Outlook (USD Million, 2018-2032)
        
        Industrial
        
        Heavy Duty
        
        Aeroderivative
        
        South Africa Gas Turbine Rating Capacity Outlook (USD Million, 2018-2032)
        
        Less than 40 MW
        
        40 to 120 MW
        
        121 to 300 MW
        
        Above 300 MW
        
        South Africa Gas Turbine End-User Outlook (USD Million, 2018-2032)
        
        Power Generation
        
        Oil & Gas
        
        Marine
        
        Process Plants
        
        Others
        
        South Africa Gas Turbine Technology Outlook (USD Million, 2018-2032)
        
        Open Cycle
        
        Combined Cycle
        
        Rest of Middle East & Africa Outlook (USD Million, 2018-2032)
        
        Rest of Middle East & Africa Gas Turbine Type Outlook (USD Million, 2018-2032)
        
        Industrial
        
        Heavy Duty
        
        Aeroderivative
        
        Rest of Middle East & Africa Gas Turbine Rating Capacity Outlook (USD Million, 2018-2032)
        
        Less than 40 MW
        
        40 to 120 MW
        
        121 to 300 MW
        
        Above 300 MW
        
        Rest of Middle East & Africa Gas Turbine End-User Outlook (USD Million, 2018-2032)
        
        Power Generation
        
        Oil & Gas
        
        Marine
        
        Process Plants
        
        Others
        
        Rest of Middle East & Africa Gas Turbine Technology Outlook (USD Million, 2018-2032)
        
        Open Cycle
        
        Combined Cycle

Market Trends

Global Gas Turbine Market Overview

As per MRFR analysis, the Gas Turbine Market Size was estimated at 38,841.92 (USD Million) in 2024. The Gas Turbine Market Industry is expected to grow from 40,325.78 (USD Million) in 2025 to 56,509.45 (USD Million) till 2034, at a CAGR (growth rate) is expected to be around 3.82% during the forecast period (2025 - 2034). A gas turbine is a combustion engine at the center of a power plant that can convert natural gas or other liquid fuels to mechanical energy. This energy then drives a generator that produces the electrical energy that moves along power lines to various end users.

The gas turbine operates on the principle of the Brayton cycle, which involves the compression, combustion, and expansion of a working fluid, typically air or a mixture of air and fuel. At its core, a gas turbine consists of three main components: the compressor, the combustor, and the turbine. The compressor plays a vital role in the process by pressurizing the incoming air, increasing its density, and preparing it for combustion. The compressed air is then mixed with a carefully measured amount of fuel in the combustor, where it undergoes combustion, releasing an incredibly high amount of energy in the form of hot gases.

These hot gases, at an elevated temperature and pressure, are then directed towards the turbine component. As the gas flows through the turbine, it expands, causing the turbine blades to rotate ra...

Market Segment Insights

Smartphone Sensors Smartphone Type Insights

The Smartphone Sensors market segmentation, based on smartphone type, includes standard smartphone, rugged smartphone, smartwatches, and other wearable. The standard smartphone segment dominated the market, accounting for the maximum market revenue. A smartphone is a mobile phone with a built-in computer and advanced features, such as web browsing and operating system, which are not associated with its counterpart. The rising mobile internet use, rising disposable income in developing countries, and high ownership of premium design smartphones are a few factors that are anticipated to grow smartphone sales. Smartphones are helped by a mobile operating system that offers advanced computing facilities. A smartphone can also work as a digital media player for uploading photos, videos, and music through a single interface.

Smartphone Sensors Market, By Device Type Outlook, 2024 & 2035

Smartphone Sensors Manufacturer Insights

The Smartphone Sensors market segmentation, based on the manufacturer, includes Apple Inc., Samsung Electronics, Huawei Technology, Xiaomi Inc., Oppo, Sony Corporation, HMD Global, and others. The Apple Inc. segment generated the most revenue due to its superior quality. Apple’s iPhone stands out over all other smartphones in the market. Apple Inc. is the market leader because they use more sensors in their devices to provide unique features. For Instance: Apple’s iPhone 12 uses a lidar for depth sensing, proximity for 3D touch, a gyroscope for compass, GPS, face ID for biometrics, auto-off, a barometer, a magnetometer for compass & GPS, and an ambient light sensor for auto-dimming displays. The better user experience, increased accessibility, and more security these sensors offer consumers to boost the segment‘s growth.

Smartphone Sensors Application Insights

Smartphone Sensors Regional Insights

Smartphone Sensors Market, By Device Type Outlook, 2024 & 2035

Smartphone Sensors Price Insights

The Smartphone Sensors market segmentation, based on price, includes USD 300 to USD 500, USD 100 to USD 300, above USD 500, and under USD 100. The USD 300 to USD 500 segment dominated the market revenue in the projected period. Most smartphones sold in medium-end devices have a sensor within this range. For instance: Nubia launched a new flagship Android device powered by the latest Snapdragon 8Gen 2CPU. The OEM has also specified that this gadget, which peculiarly seems to go by the name Z50 even though its processor was the z40 Pro, will compete with the Xiaomi 13 and iQOO11 series with cutting-edge LPDDR5X RAM and storage with the most recent UFS 4.0 spec.

Get more detailed insights about Gas Turbine Market

Key Players and Competitive Insights

Leading market players are investing heavily in research and development to expand their product lines, which will help the Smartphone Sensors market, grow even more. Market participants are also undertaking various strategic activities to expand their footprint, with important market developments including new product launches, contractual agreements, mergers and acquisitions, higher investments, and collaboration with other organizations. To expand and survive in a more competitive and growing market climate, the Smartphone Sensors industry must offer cost-effective items.

Manufacturing locally to minimize operational costs is one of the key business tactics manufacturers use in the Smartphone Sensors industry to benefit clients and increase the market sector. In recent years, the Smartphone Sensors industry has offered manufacturers some of the most significant advantages. Major players in the Smartphone Sensors market, including MS AG (Austria), Broadcom Inc. (US), DYNA IMAGE Corporation (China), Murata Electronics Oy (Finland), NEXT Biometrics Group ASA (Norway), Omron Corporation (Japan), Samsung Electronics Co. Ltd. (South Korea), Sony Corporation (Japan)., and others, are attempting to increase market demand by investing in research and development operations.

Samsung is dedicated to abiding by local laws and regulations and enforcing a strict code of conduct for all employees. Samsung adheres to a straightforward business tent: to usage its technology and expertise to develop top-notch goods and services that make a more cultured world. Samsung provides a high importance on its people and technologies to do this. For Instance: In January 2023, Samsung Electronics launched its new MICRO LED, Neo QLED, and Samsung OLED product lines, along with lifestyle products and accessories, before CES® 2023.

Apple Inc. is a multinational American technology business with its main office in Cupertino, California. According to revenue, Apple will be the top technological business in the world in 2022, with US $ 394.3 billion in sales. According to market capitalization, Apple is the largest corporation in the world as of March 2023. For Instance: In September 2022, the iPhone 14 and iPhone 14 Plus, which come in two sizes, 6.1 and 6.7 inches and include a smart design, camera upgrades, and game-changing new safety measures, were introduced by Apple. The iPhone 14 and iPhone 14 Plus have a powerful camera system that incorporates the primary and front TrueDepth cameras, the Ultra Wide camera for uncommon perspectives, and the photonic engine, an enhanced picture pipeline.

Key Companies in the Smartphone Sensors market include

MS AG (Austria)

Industry Developments

September 2022: Comcast and Samsung Electronics announced their partnership to create 5G Radio Access Network (RAN) technologies to enhance 5G connection for Xfinity Mobile and Comcast Business Mobile users in Comcast service zones. Samsung will provide 5G RAN technology, and Comcast will deploy Citizens Broadband Radio Service (CBRS) and 600 MHz spectrum to provide 5G access to consumer and business users in the US.
October 2022: Huawei announced the release of the newest antenna solutions, including the Maxwell platform and the X2 antenna series, for the subsequent 5G antenna innovation stage. The new technologies speed up 5G deployment by improving antenna and setup capabilities.

Market Segmentation

Smartphone Type Outlook

Standard Smartphone
Rugged Smartphone
Smartwatches
Other Wearable

Price Outlook

USD 300 to USD 500
USD 100 to USD 300
Above USD 500
Under USD 100

Manufacturer Outlook

Apple Inc.
Samsung Electronics
Huawei Technology
Xiaomi Inc.

Oppo
Sony Corporation
HMD Global

Application Outlook

High-Level
Mid-Level
Low-Level

Manufacturer Outlook

North America

US
Canada

Europe

Germany
France
UK
Italy
Spain
Rest of Europe

Asia-Pacific

China
Japan
India
Italy
Australia
South Korea
Rest of Asia-Pacific

Rest of the World

Middle East
Africa
Latin America

Report Scope

Attribute/Metric	Details
Market Size 2024	38,841.92 (USD Million)
Market Size 2025	40,325.78 (USD Million)
Market Size 2034	56,509.45 (USD Million)
Compound Annual Growth Rate (CAGR)	3.82% (2025 - 2034)
Report Coverage	Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
Base Year	2024
Market Forecast Period	2025 - 2034
Historical Data	2019 - 2023
Report Coverage	Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
Segments Covered	Type, Rating Capacity, End-User, Technology and Region
Geographies Covered	North America, Europe, Asia Pacific, Rest of World
Countries Covered	US, Canada, Germany, UK, France, Spain, Italy, Poland, Netherlands, Belgium, Austria, China, Japan, India, Malaysia, South Korea, Brazil, Chile, Argentina, South Africa, Saudi Arabia, Qatar, Oman, UAE
Key Companies Profiled	Siemens Energy, General Electric, Ansaldo Energia, IHI Corporation, MAPNA Group, Mitsubishi Heavy Industries, Ltd., Rolls-Royce, Bharat Heavy Electricals Limited, Solar Turbines Incorporated, Baker Hughes and Others
Key Market Opportunities	Growing emphasis on cleaner energy sources
Key Market Dynamics	Increasing demand for reliable and efficient power generation solutions

Market Highlights

Author

Aarti Dhapte

Team Lead - Research

She holds an experience of about 6+ years in market research and business consulting, working under the spectrum of information communication technology, telecommunications and semiconductor domains. aarti conceptualizes and implements a scalable business strategy and provides strategic leadership to the clients. her expertise lies in market estimation, competitive intelligence, pipeline analysis, customer assessment, etc.

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FAQs

What are the factors leading to the market’s evolution?

The global gas turbine services market is ready to grow at a high rate for the stern emission norms for gas turbine and shale gas production boom.

What are the segments of the market mentioned in the study of the market?

The market has been by capacity, technology, application segments.

What is the CAGR of the market calculated?

The market calculated 4.80% CAGR.

Which region is leading the market?

The Asia-Pacific region is the leading market for Gas Turbines.

Which key players are leading in the market share?

Siemens (Germany), General Electric (U.S.), Alstom S.A (France), Kawasaki Heavy Industries, Ltd. (Japan), Mitsubishi Heavy Industries Ltd. (Japan) are the key players are leading in the market share.

EXECUTIVE SUMMARY
1. MARKET ATTRACTIVENESS ANALYSIS
  1. GLOBAL GAS TURBINE MARKET, BY TYPE
  2. GLOBAL GAS TURBINE MARKET,
  3. GLOBAL GAS TURBINE MARKET, BY END-USER
  4. GLOBAL GAS TURBINE MARKET, BY
MARKET INTRODUCTION
1. DEFINITION
2. SCOPE OF THE STUDY
3. MARKET STRUCTURE
4. KEY IMPLEMENTATION CRITERIA
RESEARCH METHODOLOGY
MARKET DYNAMICS
1. INTRODUCTION
2. DRIVERS
  1. INCREASING
  2. GROWING
3. RESTRAINTS
  1. HIGH INITIAL INVESTMENT
4. OPPORTUNITIES
  1. RISE IN THE ADOPTION OF COMBINED HEAT AND
MARKET FACTOR ANALYSIS
1. SUPPLY/VALUE CHAIN ANALYSIS
2. PORTER FIVE FORCES
  1. THREAT OF NEW ENTRANTS
  2. BARGAINING
  3. BARGAINING POWER OF BUYERS
  4. THREAT OF SUBSTITUTES:
  5. COMPETITIVE RIVALRY
3. IMPACT OF CORONAVIRUS OUTBREAK ON THE GLOBAL
  1. OVERVIEW OF SUPPLY AND DEMAND SCENARIO
GLOBAL GAS TURBINE MARKET, BY
1. INTRODUCTION
2. INDUSTRIAL
3. HEAVY DUTY
4. AERODERIVATIVE
GLOBAL GAS TURBINE MARKET, BY RATING CAPACITY
1. INTRODUCTION
2. 40 TO 120 MW
3. 121 TO 300 MW
4. ABOVE 300
GLOBAL GAS TURBINE MARKET, BY END-USER
1. INTRODUCTION
2. OIL & GAS
3. MARINE
4. PROCESS PLANTS
5. OTHERS
GLOBAL GAS TURBINE MARKET, BY TECHNOLOGY
1. INTRODUCTION
2. OPEN CYCLE
3. COMBINED CYCLE
GLOBAL GAS TURBINE MARKET, BY REGION
1. OVERVIEW
2. NORTH AMERICA
  1. U.S.
  2. CANADA
3. EUROPE
  1. GERMANY
  2. U.K.
  3. FRANCE
  4. ITALY
  5. SPAIN
  6. POLAND
  7. NETHERLANDS
  8. AUSTRIA
  9. REST OF EUROPE
4. ASIA-PACIFIC
  1. CHINA
  2. INDIA
  3. JAPAN
  4. SOUTH KOREA
  5. REST OF APAC
5. MEA (MIDDLE EAST AND AFRICA)
  1. QATAR
  2. OMAN
  3. UAE
  4. SOUTH
  5. ROMEA
6. SOUTH AMERICA
  1. BRAZIL
  2. CHILE
  3. ROSA (REST OF SOUTH AMERICA)
COMPETITIVE
1. MARKET SHARE ANALYSIS
2. COMPETITIVE BENCHMARKING
COMPANY PROFILES
1. SIEMENS ENERGY
  1. COMPANY OVERVIEW
  2. TYPES AND SERVICES
  3. SWOT ANALYSIS
2. GENERAL ELECTRIC
  1. COMPANY OVERVIEW
  2. TYPES AND SERVICES
  3. SWOT ANALYSIS
3. ANSALDO ENERGIA
  1. COMPANY OVERVIEW
  2. TYPES AND SERVICES
  3. SWOT ANALYSIS
4. IHI CORPORATION
  1. COMPANY OVERVIEW
  2. TYPES AND SERVICES
  3. SWOT ANALYSIS
5. MAPNA GROUP
  1. COMPANY OVERVIEW
  2. FINANCIAL
  3. TYPES AND SERVICES
  4. SWOT ANALYSIS
  5. KEY
6. MITSUBISHI HEAVY INDUSTRIES
  1. COMPANY OVERVIEW
  2. FINANCIAL OVERVIEW
  3. TYPES AND SERVICES
  4. SWOT ANALYSIS
  5. KEY STRATEGIES
7. BHARAT HEAVY ELECTRICALS LIMITED
  1. COMPANY
  2. FINANCIAL OVERVIEW
  3. TYPES AND SERVICES
  4. KEY STRATEGIES
8. SOLAR TURBINES INCORPORATED
  1. COMPANY OVERVIEW
  2. FINANCIAL OVERVIEW
  3. TYPES AND SERVICES
  4. SWOT ANALYSIS
  5. KEY STRATEGIES
9. ROLLS-ROYCE
  1. FINANCIAL OVERVIEW
  2. TYPES AND SERVICES
  3. SWOT ANALYSIS
  4. KEY STRATEGIES
10. BAKER HUGHES
  1. FINANCIAL OVERVIEW
  2. TYPES AND SERVICES
  3. SWOT ANALYSIS
  4. KEY STRATEGIES
GLOBAL GAS TURBINE MARKET, BY TECHNOLOGY, 2018–2032 (USD MILLION)
GLOBAL GAS TURBINE MARKET, BY TECHNOLOGY, 2018–2032 (UNITS)
NORTH AMERICA: GAS TURBINE MARKET, BY TYPE, 2018–2032 (USD MILLION)
GLOBAL GAS TURBINE ANALYSIS BY RATING CAPACITY, % SHARE, 2023, MARKET SIZE, 2018–2032
KEY BUYING CRITERIA OF GAS TURBINE REPORT
GLOBAL GAS TURBINE MARKET, BY RATING CAPACITY, 2023 (% SHARE), 2024 VS 2032 (USD
VS 2032 (USD MILLION)
(% SHARE), 2024 VS 2032 (USD MILLION)

Gas Turbine Market Segmentation

Gas Turbine Type Outlook (USD Million, 2018-2032)

Industrial
Heavy Duty
Aeroderivative

Gas Turbine Rating Capacity Outlook (USD Million, 2018-2032)

Less than 40 MW
40 to 120 MW
121 to 300 MW
Above 300 MW

Gas Turbine End-User Outlook (USD Million, 2018-2032)

Power Generation
Oil & Gas
Marine
Process Plants
Others

Gas Turbine Technology Outlook (USD Million, 2018-2032)

Open Cycle
Combined Cycle

Gas Turbine Regional Outlook (USD Million, 2018-2032)

North America Outlook (USD Million, 2018-2032)
- North America Gas Turbine Type Outlook (USD Million, 2018-2032)
  - Industrial
  - Heavy Duty
  - Aeroderivative
- North America Gas Turbine Rating Capacity Outlook (USD Million, 2018-2032)
  - Less than 40 MW
  - 40 to 120 MW
  - 121 to 300 MW
  - Above 300 MW
- North America Gas Turbine End-User Outlook (USD Million, 2018-2032)
  - Power Generation
  - Oil & Gas
  - Marine
  - Process Plants
  - Others
- North America Gas Turbine Technology Outlook (USD Million, 2018-2032)
  - Open Cycle
  - Combined Cycle
- US Outlook (USD Million, 2018-2032)
  - US Gas Turbine Type Outlook (USD Million, 2018-2032)
    - Industrial
    - Heavy Duty
    - Aeroderivative
  - US Gas Turbine Rating Capacity Outlook (USD Million, 2018-2032)
    - Less than 40 MW
    - 40 to 120 MW
    - 121 to 300 MW
    - Above 300 MW
  - US Gas Turbine End-User Outlook (USD Million, 2018-2032)
    - Power Generation
    - Oil & Gas
    - Marine
    - Process Plants
    - Others
  - US Gas Turbine Technology Outlook (USD Million, 2018-2032)
    - Open Cycle
    - Combined Cycle
  - Canada Outlook (USD Million, 2018-2032)
    - Canada Gas Turbine Type Outlook (USD Million, 2018-2032)
      - Industrial
      - Heavy Duty
      - Aeroderivative
    - Canada Gas Turbine Rating Capacity Outlook (USD Million, 2018-2032)
      - Less than 40 MW
      - 40 to 120 MW
      - 121 to 300 MW
      - Above 300 MW
    - Canada Gas Turbine End-User Outlook (USD Million, 2018-2032)
      - Power Generation
      - Oil & Gas
      - Marine
      - Process Plants
      - Others
    - Canada Gas Turbine Technology Outlook (USD Million, 2018-2032)
      - Open Cycle
      - Combined Cycle
    - Mexico Outlook (USD Million, 2018-2032)
      - Mexico Gas Turbine Type Outlook (USD Million, 2018-2032)
        Industrial
        Heavy Duty
        Aeroderivative
      - Mexico Gas Turbine Rating Capacity Outlook (USD Million, 2018-2032)
        Less than 40 MW
        40 to 120 MW
        121 to 300 MW
        Above 300 MW
      - Mexico Gas Turbine End-User Outlook (USD Million, 2018-2032)
        Power Generation
        Oil & Gas
        Marine
        Process Plants
        Others
      - Mexico Gas Turbine Technology Outlook (USD Million, 2018-2032)
        Open Cycle
        Combined Cycle
      - Europe Outlook (USD Million, 2018-2032)
        Europe Gas Turbine Type Outlook (USD Million, 2018-2032)
        Industrial
        Heavy Duty
        Aeroderivative
        Europe Gas Turbine Rating Capacity Outlook (USD Million, 2018-2032)
        Less than 40 MW
        40 to 120 MW
        121 to 300 MW
        Above 300 MW
        Europe Gas Turbine End-User Outlook (USD Million, 2018-2032)
        Power Generation
        Oil & Gas
        Marine
        Process Plants
        Others
        Europe Gas Turbine Technology Outlook (USD Million, 2018-2032)
        Open Cycle
        Combined Cycle
        Germany Outlook (USD Million, 2018-2032)
        Germany Gas Turbine Type Outlook (USD Million, 2018-2032)
        Industrial
        Heavy Duty
        Aeroderivative
        Germany Gas Turbine Rating Capacity Outlook (USD Million, 2018-2032)
        Less than 40 MW
        40 to 120 MW
        121 to 300 MW
        Above 300 MW
        Germany Gas Turbine End-User Outlook (USD Million, 2018-2032)
        Power Generation
        Oil & Gas
        Marine
        Process Plants
        Others
        Germany Gas Turbine Technology Outlook (USD Million, 2018-2032)
        Open Cycle
        Combined Cycle
        France Outlook (USD Million, 2018-2032)
        France Gas Turbine Type Outlook (USD Million, 2018-2032)
        Industrial
        Heavy Duty
        Aeroderivative
        France Gas Turbine Rating Capacity Outlook (USD Million, 2018-2032)
        Less than 40 MW
        40 to 120 MW
        121 to 300 MW
        Above 300 MW
        France Gas Turbine End-User Outlook (USD Million, 2018-2032)
        Power Generation
        Oil & Gas
        Marine
        Process Plants
        Others
        France Gas Turbine Technology Outlook (USD Million, 2018-2032)
        Open Cycle
        Combined Cycle
        UK Outlook (USD Million, 2018-2032)
        UK Gas Turbine Type Outlook (USD Million, 2018-2032)
        Industrial
        Heavy Duty
        Aeroderivative
        UK Gas Turbine Rating Capacity Outlook (USD Million, 2018-2032)
        Less than 40 MW
        40 to 120 MW
        121 to 300 MW
        Above 300 MW
        UK Gas Turbine End-User Outlook (USD Million, 2018-2032)
        Power Generation
        Oil & Gas
        Marine
        Process Plants
        Others
        UK Gas Turbine Technology Outlook (USD Million, 2018-2032)
        Open Cycle
        Combined Cycle
        Spain Outlook (USD Million, 2018-2032)
        Spain Gas Turbine Type Outlook (USD Million, 2018-2032)
        Industrial
        Heavy Duty
        Aeroderivative
        Spain Gas Turbine Rating Capacity Outlook (USD Million, 2018-2032)
        Less than 40 MW
        40 to 120 MW
        121 to 300 MW
        Above 300 MW
        Spain Gas Turbine End-User Outlook (USD Million, 2018-2032)
        Power Generation
        Oil & Gas
        Marine
        Process Plants
        Others
        Spain Gas Turbine Technology Outlook (USD Million, 2018-2032)
        Open Cycle
        Combined Cycle
        Italy Outlook (USD Million, 2018-2032)
        Italy Gas Turbine Type Outlook (USD Million, 2018-2032)
        Industrial
        Heavy Duty
        Aeroderivative
        Italy Gas Turbine Rating Capacity Outlook (USD Million, 2018-2032)
        Less than 40 MW
        40 to 120 MW
        121 to 300 MW
        Above 300 MW
        Italy Gas Turbine End-User Outlook (USD Million, 2018-2032)
        Power Generation
        Oil & Gas
        Marine
        Process Plants
        Others
        Italy Gas Turbine Technology Outlook (USD Million, 2018-2032)
        Open Cycle
        Combined Cycle
        Poland Outlook (USD Million, 2018-2032)
        Poland Gas Turbine Type Outlook (USD Million, 2018-2032)
        Industrial
        Heavy Duty
        Aeroderivative
        Poland Gas Turbine Rating Capacity Outlook (USD Million, 2018-2032)
        Less than 40 MW
        40 to 120 MW
        121 to 300 MW
        Above 300 MW
        Poland Gas Turbine End-User Outlook (USD Million, 2018-2032)
        Power Generation
        Oil & Gas
        Marine
        Process Plants
        Others
        Poland Gas Turbine Technology Outlook (USD Million, 2018-2032)
        Open Cycle
        Combined Cycle
        Netherlands Outlook (USD Million, 2018-2032)
        Netherlands Gas Turbine Type Outlook (USD Million, 2018-2032)
        Industrial
        Heavy Duty
        Aeroderivative
        Netherlands Gas Turbine Rating Capacity Outlook (USD Million, 2018-2032)
        Less than 40 MW
        40 to 120 MW
        121 to 300 MW
        Above 300 MW
        Netherlands Gas Turbine End-User Outlook (USD Million, 2018-2032)
        Power Generation
        Oil & Gas
        Marine
        Process Plants
        Others
        Netherlands Gas Turbine Technology Outlook (USD Million, 2018-2032)
        Open Cycle
        Combined Cycle
        Belgium Outlook (USD Million, 2018-2032)
        Belgium Gas Turbine Type Outlook (USD Million, 2018-2032)
        Industrial
        Heavy Duty
        Aeroderivative
        Belgium Gas Turbine Rating Capacity Outlook (USD Million, 2018-2032)
        Less than 40 MW
        40 to 120 MW
        121 to 300 MW
        Above 300 MW
        Belgium Gas Turbine End-User Outlook (USD Million, 2018-2032)
        Power Generation
        Oil & Gas
        Marine
        Process Plants
        Others
        Belgium Gas Turbine Technology Outlook (USD Million, 2018-2032)
        Open Cycle
        Combined Cycle
        Austria Outlook (USD Million, 2018-2032)
        Austria Gas Turbine Type Outlook (USD Million, 2018-2032)
        Industrial
        Heavy Duty
        Aeroderivative
        Austria Gas Turbine Rating Capacity Outlook (USD Million, 2018-2032)
        Less than 40 MW
        40 to 120 MW
        121 to 300 MW
        Above 300 MW
        Austria Gas Turbine End-User Outlook (USD Million, 2018-2032)
        Power Generation
        Oil & Gas
        Marine
        Process Plants
        Others
        Austria Gas Turbine Technology Outlook (USD Million, 2018-2032)
        Open Cycle
        Combined Cycle
        Rest of Europe Outlook (USD Million, 2018-2032)
        Rest of Europe Gas Turbine Type Outlook (USD Million, 2018-2032)
        Industrial
        Heavy Duty
        Aeroderivative
        Rest of Europe Gas Turbine Rating Capacity Outlook (USD Million, 2018-2032)
        Less than 40 MW
        40 to 120 MW
        121 to 300 MW
        Above 300 MW
        Rest of Europe Gas Turbine End-User Outlook (USD Million, 2018-2032)
        Power Generation
        Oil & Gas
        Marine
        Process Plants
        Others
        Rest of Europe Gas Turbine Technology Outlook (USD Million, 2018-2032)
        Open Cycle
        Combined Cycle
        Asia-Pacific Outlook (USD Million, 2018-2032)
        Asia-Pacific Gas Turbine Type Outlook (USD Million, 2018-2032)
        Industrial
        Heavy Duty
        Aeroderivative
        Asia-Pacific Gas Turbine Rating Capacity Outlook (USD Million, 2018-2032)
        Less than 40 MW
        40 to 120 MW
        121 to 300 MW
        Above 300 MW
        Asia-Pacific Gas Turbine End-User Outlook (USD Million, 2018-2032)
        Power Generation
        Oil & Gas
        Marine
        Process Plants
        Others
        Asia-Pacific Gas Turbine Technology Outlook (USD Million, 2018-2032)
        Open Cycle
        Combined Cycle
        China Outlook (USD Million, 2018-2032)
        China Gas Turbine Type Outlook (USD Million, 2018-2032)
        Industrial
        Heavy Duty
        Aeroderivative
        China Gas Turbine Rating Capacity Outlook (USD Million, 2018-2032)
        Less than 40 MW
        40 to 120 MW
        121 to 300 MW
        Above 300 MW
        China Gas Turbine End-User Outlook (USD Million, 2018-2032)
        Power Generation
        Oil & Gas
        Marine
        Process Plants
        Others
        China Gas Turbine Technology Outlook (USD Million, 2018-2032)
        Open Cycle
        Combined Cycle
        India Outlook (USD Million, 2018-2032)
        India Gas Turbine Type Outlook (USD Million, 2018-2032)
        Industrial
        Heavy Duty
        Aeroderivative
        India Gas Turbine Rating Capacity Outlook (USD Million, 2018-2032)
        Less than 40 MW
        40 to 120 MW
        121 to 300 MW
        Above 300 MW
        India Gas Turbine End-User Outlook (USD Million, 2018-2032)
        Power Generation
        Oil & Gas
        Marine
        Process Plants
        Others
        India Gas Turbine Technology Outlook (USD Million, 2018-2032)
        Open Cycle
        Combined Cycle
        Japan Outlook (USD Million, 2018-2032)
        Japan Gas Turbine Type Outlook (USD Million, 2018-2032)
        Industrial
        Heavy Duty
        Aeroderivative
        Japan Gas Turbine Rating Capacity Outlook (USD Million, 2018-2032)
        Less than 40 MW
        40 to 120 MW
        121 to 300 MW
        Above 300 MW
        Japan Gas Turbine End-User Outlook (USD Million, 2018-2032)
        Power Generation
        Oil & Gas
        Marine
        Process Plants
        Others
        Japan Gas Turbine Technology Outlook (USD Million, 2018-2032)
        Open Cycle
        Combined Cycle
        Malaysia Outlook (USD Million, 2018-2032)
        Malaysia Gas Turbine Type Outlook (USD Million, 2018-2032)
        Industrial
        Heavy Duty
        Aeroderivative
        Malaysia Gas Turbine Rating Capacity Outlook (USD Million, 2018-2032)
        Less than 40 MW
        40 to 120 MW
        121 to 300 MW
        Above 300 MW
        Malaysia Gas Turbine End-User Outlook (USD Million, 2018-2032)
        Power Generation
        Oil & Gas
        Marine
        Process Plants
        Others
        Malaysia Gas Turbine Technology Outlook (USD Million, 2018-2032)
        Open Cycle
        Combined Cycle
        South Korea Outlook (USD Million, 2018-2032)
        South Korea Gas Turbine Type Outlook (USD Million, 2018-2032)
        Industrial
        Heavy Duty
        Aeroderivative
        South Korea Gas Turbine Rating Capacity Outlook (USD Million, 2018-2032)
        Less than 40 MW
        40 to 120 MW
        121 to 300 MW
        Above 300 MW
        South Korea Gas Turbine End-User Outlook (USD Million, 2018-2032)
        Power Generation
        Oil & Gas
        Marine
        Process Plants
        Others
        South Korea Gas Turbine Technology Outlook (USD Million, 2018-2032)
        Open Cycle
        Combined Cycle
        Rest of Asia-Pacific Outlook (USD Million, 2018-2032)
        Rest of Asia-Pacific Gas Turbine Type Outlook (USD Million, 2018-2032)
        Industrial
        Heavy Duty
        Aeroderivative
        Rest of Asia-Pacific Gas Turbine Rating Capacity Outlook (USD Million, 2018-2032)
        Less than 40 MW
        40 to 120 MW
        121 to 300 MW
        Above 300 MW
        Rest of Asia-Pacific Gas Turbine End-User Outlook (USD Million, 2018-2032)
        Power Generation
        Oil & Gas
        Marine
        Process Plants
        Others
        Rest of Asia-Pacific Gas Turbine Technology Outlook (USD Million, 2018-2032)
        Open Cycle
        Combined Cycle
        South America Outlook (USD Million, 2018-2032)
        South America Gas Turbine Type Outlook (USD Million, 2018-2032)
        Industrial
        Heavy Duty
        Aeroderivative
        South America Gas Turbine Rating Capacity Outlook (USD Million, 2018-2032)
        Less than 40 MW
        40 to 120 MW
        121 to 300 MW
        Above 300 MW
        South America Gas Turbine End-User Outlook (USD Million, 2018-2032)
        Power Generation
        Oil & Gas
        Marine
        Process Plants
        Others
        South America Gas Turbine Technology Outlook (USD Million, 2018-2032)
        Open Cycle
        Combined Cycle
        Brazil Outlook (USD Million, 2018-2032)
        Brazil Gas Turbine Type Outlook (USD Million, 2018-2032)
        Industrial
        Heavy Duty
        Aeroderivative
        Brazil Gas Turbine Rating Capacity Outlook (USD Million, 2018-2032)
        Less than 40 MW
        40 to 120 MW
        121 to 300 MW
        Above 300 MW
        Brazil Gas Turbine End-User Outlook (USD Million, 2018-2032)
        Power Generation
        Oil & Gas
        Marine
        Process Plants
        Others
        Brazil Gas Turbine Technology Outlook (USD Million, 2018-2032)
        Open Cycle
        Combined Cycle
        Argentina Outlook (USD Million, 2018-2032)
        Argentina Gas Turbine Type Outlook (USD Million, 2018-2032)
        Industrial
        Heavy Duty
        Aeroderivative
        Argentina Gas Turbine Rating Capacity Outlook (USD Million, 2018-2032)
        Less than 40 MW
        40 to 120 MW
        121 to 300 MW
        Above 300 MW
        Argentina Gas Turbine End-User Outlook (USD Million, 2018-2032)
        Power Generation
        Oil & Gas
        Marine
        Process Plants
        Others
        Argentina Gas Turbine Technology Outlook (USD Million, 2018-2032)
        Open Cycle
        Combined Cycle
        Chile Outlook (USD Million, 2018-2032)
        Chile Gas Turbine Type Outlook (USD Million, 2018-2032)
        Industrial
        Heavy Duty
        Aeroderivative
        Chile Gas Turbine Rating Capacity Outlook (USD Million, 2018-2032)
        Less than 40 MW
        40 to 120 MW
        121 to 300 MW
        Above 300 MW
        Chile Gas Turbine End-User Outlook (USD Million, 2018-2032)
        Power Generation
        Oil & Gas
        Marine
        Process Plants
        Others
        Chile Gas Turbine Technology Outlook (USD Million, 2018-2032)
        Open Cycle
        Combined Cycle
        Rest of South America Outlook (USD Million, 2018-2032)
        Rest of South America Gas Turbine Type Outlook (USD Million, 2018-2032)
        Industrial
        Heavy Duty
        Aeroderivative
        Rest of South America Gas Turbine Rating Capacity Outlook (USD Million, 2018-2032)
        Less than 40 MW
        40 to 120 MW
        121 to 300 MW
        Above 300 MW
        Rest of South America Gas Turbine End-User Outlook (USD Million, 2018-2032)
        Power Generation
        Oil & Gas
        Marine
        Process Plants
        Others
        Rest of South America Gas Turbine Technology Outlook (USD Million, 2018-2032)
        Open Cycle
        Combined Cycle
        Middle East & Africa Outlook (USD Million, 2018-2032)
        Middle East & Africa Gas Turbine Type Outlook (USD Million, 2018-2032)
        Industrial
        Heavy Duty
        Aeroderivative
        Middle East & Africa Gas Turbine Rating Capacity Outlook (USD Million, 2018-2032)
        Less than 40 MW
        40 to 120 MW
        121 to 300 MW
        Above 300 MW
        Middle East & Africa Gas Turbine End-User Outlook (USD Million, 2018-2032)
        Power Generation
        Oil & Gas
        Marine
        Process Plants
        Others
        Middle East & Africa Gas Turbine Technology Outlook (USD Million, 2018-2032)
        Open Cycle
        Combined Cycle
        Saudi Arabia Outlook (USD Million, 2018-2032)
        Saudi Arabia Gas Turbine Type Outlook (USD Million, 2018-2032)
        Industrial
        Heavy Duty
        Aeroderivative
        Saudi Arabia Gas Turbine Rating Capacity Outlook (USD Million, 2018-2032)
        Less than 40 MW
        40 to 120 MW
        121 to 300 MW
        Above 300 MW
        Saudi Arabia Gas Turbine End-User Outlook (USD Million, 2018-2032)
        Power Generation
        Oil & Gas
        Marine
        Process Plants
        Others
        Saudi Arabia Gas Turbine Technology Outlook (USD Million, 2018-2032)
        Open Cycle
        Combined Cycle
        Qatar Outlook (USD Million, 2018-2032)
        Qatar Gas Turbine Type Outlook (USD Million, 2018-2032)
        Industrial
        Heavy Duty
        Aeroderivative
        Qatar Gas Turbine Rating Capacity Outlook (USD Million, 2018-2032)
        Less than 40 MW
        40 to 120 MW
        121 to 300 MW
        Above 300 MW
        Qatar Gas Turbine End-User Outlook (USD Million, 2018-2032)
        Power Generation
        Oil & Gas
        Marine
        Process Plants
        Others
        Qatar Gas Turbine Technology Outlook (USD Million, 2018-2032)
        Open Cycle
        Combined Cycle
        Oman Outlook (USD Million, 2018-2032)
        Oman Gas Turbine Type Outlook (USD Million, 2018-2032)
        Industrial
        Heavy Duty
        Aeroderivative
        Oman Gas Turbine Rating Capacity Outlook (USD Million, 2018-2032)
        Less than 40 MW
        40 to 120 MW
        121 to 300 MW
        Above 300 MW
        Oman Gas Turbine End-User Outlook (USD Million, 2018-2032)
        Power Generation
        Oil & Gas
        Marine
        Process Plants
        Others
        Oman Gas Turbine Technology Outlook (USD Million, 2018-2032)
        Open Cycle
        Combined Cycle
        UAE Outlook (USD Million, 2018-2032)
        UAE Gas Turbine Type Outlook (USD Million, 2018-2032)
        Industrial
        Heavy Duty
        Aeroderivative
        UAE Gas Turbine Rating Capacity Outlook (USD Million, 2018-2032)
        Less than 40 MW
        40 to 120 MW
        121 to 300 MW
        Above 300 MW
        UAE Gas Turbine End-User Outlook (USD Million, 2018-2032)
        Power Generation
        Oil & Gas
        Marine
        Process Plants
        Others
        UAE Gas Turbine Technology Outlook (USD Million, 2018-2032)
        Open Cycle
        Combined Cycle
        South Africa Outlook (USD Million, 2018-2032)
        South Africa Gas Turbine Type Outlook (USD Million, 2018-2032)
        Industrial
        Heavy Duty
        Aeroderivative
        South Africa Gas Turbine Rating Capacity Outlook (USD Million, 2018-2032)
        Less than 40 MW
        40 to 120 MW
        121 to 300 MW
        Above 300 MW
        South Africa Gas Turbine End-User Outlook (USD Million, 2018-2032)
        Power Generation
        Oil & Gas
        Marine
        Process Plants
        Others
        South Africa Gas Turbine Technology Outlook (USD Million, 2018-2032)
        Open Cycle
        Combined Cycle
        Rest of Middle East & Africa Outlook (USD Million, 2018-2032)
        Rest of Middle East & Africa Gas Turbine Type Outlook (USD Million, 2018-2032)
        Industrial
        Heavy Duty
        Aeroderivative
        Rest of Middle East & Africa Gas Turbine Rating Capacity Outlook (USD Million, 2018-2032)
        Less than 40 MW
        40 to 120 MW
        121 to 300 MW
        Above 300 MW
        Rest of Middle East & Africa Gas Turbine End-User Outlook (USD Million, 2018-2032)
        Power Generation
        Oil & Gas
        Marine
        Process Plants
        Others
        Rest of Middle East & Africa Gas Turbine Technology Outlook (USD Million, 2018-2032)
        Open Cycle
        Combined Cycle

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