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Global Gas Turbine Market 2024-2028

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    Report

  • 167 Pages
  • November 2023
  • Region: Global
  • TechNavio
  • ID: 5933121
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The gas turbine market is forecasted to grow by USD 2.65 bn during 2023-2028, accelerating at a CAGR of 1.86% during the forecast period. The report on the gas turbine market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the enhanced efficiency and robustness of gas turbines, the growth of the distributed power generation base, and expanding natural gas pipeline networks.

The gas turbine market is segmented as below:

By Product

  • Heavy-duty gas turbine
  • Aeroderivative gas turbine

By Technology

  • CCGT
  • OCGT

By Geographical Landscape

  • APAC
  • North America
  • Europe
  • Middle East and Africa
  • South America
This study identifies the growing use of alternative types of fuel in aero-derivative gas turbines as one of the prime reasons driving the gas turbine market growth during the next few years. Also, the rapid decline in demand for f-class gas turbines and the development of GTCC and IGCC technologies will lead to sizable demand in the market.

The report on the gas turbine market covers the following areas:

  • Gas turbine market sizing
  • Gas turbine market forecast
  • Gas turbine market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading gas turbine market vendors that include Ansaldo Energia Spa, Bharat Heavy Electricals Ltd., Capstone Green Energy Corp., Caterpillar Inc., Doosan Heavy Industries and Construction Co. Ltd., General Electric Co., Harbin Electric Corp., IHI Aerospace Co. Ltd., Kawasaki Heavy Industries Ltd., MAN Energy Solutions SE, MAPNA Group Co., Mitsubishi Heavy Industries Ltd., Motor Sich JSC, MTU Aero Engines AG, Rolls Royce Holdings Plc, Siemens Energy AG, Solar Turbines Inc., Wartsila Corp., Shanghai Electric Group Co. Ltd., and OPRA Turbines BV. Also, the gas turbine market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Table of Contents

1 Executive Summary
1.1 Market overview
Exhibit 01: Executive Summary - Chart on Market Overview
Exhibit 02: Executive Summary - Data Table on Market Overview
Exhibit 03: Executive Summary - Chart on Global Market Characteristics
Exhibit 04: Executive Summary - Chart on Market By Geographical Landscape
Exhibit 05: Executive Summary - Chart on Market Segmentation by Product
Exhibit 06: Executive Summary - Chart on Market Segmentation by Technology
Exhibit 07: Executive Summary - Chart on Incremental Growth
Exhibit 08: Executive Summary - Data Table on Incremental Growth
Exhibit 09: Executive Summary - Chart on Vendor Market Positioning
2 Market Landscape
2.1 Market ecosystem
Exhibit 10: Parent market
Exhibit 11: Market Characteristics
3 Market Sizing
3.1 Market definition
Exhibit 12: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 13: Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
Exhibit 14: Chart on Global - Market size and forecast 2023-2028 ($ billion)
Exhibit 15: Data Table on Global - Market size and forecast 2023-2028 ($ billion)
Exhibit 16: Chart on Global Market: Year-over-year growth 2023-2028 (%)
Exhibit 17: Data Table on Global Market: Year-over-year growth 2023-2028 (%)
4 Historic Market Size
4.1 Global gas turbine market 2018 - 2022
Exhibit 18: Historic Market Size - Data Table on global gas turbine market 2018 - 2022 ($ billion)
4.2 Product Segment Analysis 2018 - 2022
Exhibit 19: Historic Market Size - Product Segment 2018 - 2022 ($ billion)
4.3 Technology Segment Analysis 2018 - 2022
Exhibit 20: Historic Market Size - Technology Segment 2018 - 2022 ($ billion)
4.4 Geography Segment Analysis 2018 - 2022
Exhibit 21: Historic Market Size - Geography Segment 2018 - 2022 ($ billion)
4.5 Country Segment Analysis 2018 - 2022
Exhibit 22: Historic Market Size - Country Segment 2018 - 2022 ($ billion)
5 Five Forces Analysis
5.1 Five forces summary
Exhibit 23: Five forces analysis - Comparison between 2023 and 2028
5.2 Bargaining power of buyers
Exhibit 24: Chart on Bargaining power of buyers - Impact of key factors 2023 and 2028
5.3 Bargaining power of suppliers
Exhibit 25: Bargaining power of suppliers - Impact of key factors in 2023 and 2028
5.4 Threat of new entrants
Exhibit 26: Threat of new entrants - Impact of key factors in 2023 and 2028
5.5 Threat of substitutes
Exhibit 27: Threat of substitutes - Impact of key factors in 2023 and 2028
5.6 Threat of rivalry
Exhibit 28: Threat of rivalry - Impact of key factors in 2023 and 2028
5.7 Market condition
Exhibit 29: Chart on Market condition - Five forces 2023 and 2028
6 Market Segmentation by Product
6.1 Market segments
Exhibit 30: Chart on Product - Market share 2023-2028 (%)
Exhibit 31: Data Table on Product - Market share 2023-2028 (%)
6.2 Comparison by Product
Exhibit 32: Chart on Comparison by Product
Exhibit 33: Data Table on Comparison by Product
6.3 Heavy-duty gas turbine - Market size and forecast 2023-2028
Exhibit 34: Chart on Heavy-duty gas turbine - Market size and forecast 2023-2028 ($ billion)
Exhibit 35: Data Table on Heavy-duty gas turbine - Market size and forecast 2023-2028 ($ billion)
Exhibit 36: Chart on Heavy-duty gas turbine - Year-over-year growth 2023-2028 (%)
Exhibit 37: Data Table on Heavy-duty gas turbine - Year-over-year growth 2023-2028 (%)
6.4 Aeroderivative gas turbine - Market size and forecast 2023-2028
Exhibit 38: Chart on Aeroderivative gas turbine - Market size and forecast 2023-2028 ($ billion)
Exhibit 39: Data Table on Aeroderivative gas turbine - Market size and forecast 2023-2028 ($ billion)
Exhibit 40: Chart on Aeroderivative gas turbine - Year-over-year growth 2023-2028 (%)
Exhibit 41: Data Table on Aeroderivative gas turbine - Year-over-year growth 2023-2028 (%)
6.5 Market opportunity by Product
Exhibit 42: Market opportunity by Product ($ billion)
Exhibit 43: Data Table on Market opportunity by Product ($ billion)
7 Market Segmentation by Technology
7.1 Market segments
Exhibit 44: Chart on Technology - Market share 2023-2028 (%)
Exhibit 45: Data Table on Technology - Market share 2023-2028 (%)
7.2 Comparison by Technology
Exhibit 46: Chart on Comparison by Technology
Exhibit 47: Data Table on Comparison by Technology
7.3 CCGT - Market size and forecast 2023-2028
Exhibit 48: Chart on CCGT - Market size and forecast 2023-2028 ($ billion)
Exhibit 49: Data Table on CCGT - Market size and forecast 2023-2028 ($ billion)
Exhibit 50: Chart on CCGT - Year-over-year growth 2023-2028 (%)
Exhibit 51: Data Table on CCGT - Year-over-year growth 2023-2028 (%)
7.4 OCGT - Market size and forecast 2023-2028
Exhibit 52: Chart on OCGT - Market size and forecast 2023-2028 ($ billion)
Exhibit 53: Data Table on OCGT - Market size and forecast 2023-2028 ($ billion)
Exhibit 54: Chart on OCGT - Year-over-year growth 2023-2028 (%)
Exhibit 55: Data Table on OCGT - Year-over-year growth 2023-2028 (%)
7.5 Market opportunity by Technology
Exhibit 56: Market opportunity by Technology ($ billion)
Exhibit 57: Data Table on Market opportunity by Technology ($ billion)
8 Customer Landscape
8.1 Customer landscape overview
Exhibit 58: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
9 Geographic Landscape
9.1 Geographic segmentation
Exhibit 59: Chart on Market share By Geographical Landscape 2023-2028 (%)
Exhibit 60: Data Table on Market share By Geographical Landscape 2023-2028 (%)
9.2 Geographic comparison
Exhibit 61: Chart on Geographic comparison
Exhibit 62: Data Table on Geographic comparison
9.3 APAC - Market size and forecast 2023-2028
Exhibit 63: Chart on APAC - Market size and forecast 2023-2028 ($ billion)
Exhibit 64: Data Table on APAC - Market size and forecast 2023-2028 ($ billion)
Exhibit 65: Chart on APAC - Year-over-year growth 2023-2028 (%)
Exhibit 66: Data Table on APAC - Year-over-year growth 2023-2028 (%)
9.4 North America - Market size and forecast 2023-2028
Exhibit 67: Chart on North America - Market size and forecast 2023-2028 ($ billion)
Exhibit 68: Data Table on North America - Market size and forecast 2023-2028 ($ billion)
Exhibit 69: Chart on North America - Year-over-year growth 2023-2028 (%)
Exhibit 70: Data Table on North America - Year-over-year growth 2023-2028 (%)
9.5 Europe - Market size and forecast 2023-2028
Exhibit 71: Chart on Europe - Market size and forecast 2023-2028 ($ billion)
Exhibit 72: Data Table on Europe - Market size and forecast 2023-2028 ($ billion)
Exhibit 73: Chart on Europe - Year-over-year growth 2023-2028 (%)
Exhibit 74: Data Table on Europe - Year-over-year growth 2023-2028 (%)
9.6 Middle East and Africa - Market size and forecast 2023-2028
Exhibit 75: Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
Exhibit 76: Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
Exhibit 77: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
Exhibit 78: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
9.7 South America - Market size and forecast 2023-2028
Exhibit 79: Chart on South America - Market size and forecast 2023-2028 ($ billion)
Exhibit 80: Data Table on South America - Market size and forecast 2023-2028 ($ billion)
Exhibit 81: Chart on South America - Year-over-year growth 2023-2028 (%)
Exhibit 82: Data Table on South America - Year-over-year growth 2023-2028 (%)
9.8 US - Market size and forecast 2023-2028
Exhibit 83: Chart on US - Market size and forecast 2023-2028 ($ billion)
Exhibit 84: Data Table on US - Market size and forecast 2023-2028 ($ billion)
Exhibit 85: Chart on US - Year-over-year growth 2023-2028 (%)
Exhibit 86: Data Table on US - Year-over-year growth 2023-2028 (%)
9.9 China - Market size and forecast 2023-2028
Exhibit 87: Chart on China - Market size and forecast 2023-2028 ($ billion)
Exhibit 88: Data Table on China - Market size and forecast 2023-2028 ($ billion)
Exhibit 89: Chart on China - Year-over-year growth 2023-2028 (%)
Exhibit 90: Data Table on China - Year-over-year growth 2023-2028 (%)
9.10 Japan - Market size and forecast 2023-2028
Exhibit 91: Chart on Japan - Market size and forecast 2023-2028 ($ billion)
Exhibit 92: Data Table on Japan - Market size and forecast 2023-2028 ($ billion)
Exhibit 93: Chart on Japan - Year-over-year growth 2023-2028 (%)
Exhibit 94: Data Table on Japan - Year-over-year growth 2023-2028 (%)
9.11 India - Market size and forecast 2023-2028
Exhibit 95: Chart on India - Market size and forecast 2023-2028 ($ billion)
Exhibit 96: Data Table on India - Market size and forecast 2023-2028 ($ billion)
Exhibit 97: Chart on India - Year-over-year growth 2023-2028 (%)
Exhibit 98: Data Table on India - Year-over-year growth 2023-2028 (%)
9.12 Germany - Market size and forecast 2023-2028
Exhibit 99: Chart on Germany - Market size and forecast 2023-2028 ($ billion)
Exhibit 100: Data Table on Germany - Market size and forecast 2023-2028 ($ billion)
Exhibit 101: Chart on Germany - Year-over-year growth 2023-2028 (%)
Exhibit 102: Data Table on Germany - Year-over-year growth 2023-2028 (%)
9.13 Market opportunity By Geographical Landscape
Exhibit 103: Market opportunity By Geographical Landscape ($ billion)
Exhibit 104: Data Tables on Market opportunity By Geographical Landscape ($ billion)
10 Drivers, Challenges, and Trends
10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
Exhibit 105: Impact of drivers and challenges in 2023 and 2028
10.4 Market trends
11 Vendor Landscape
11.1 Overview
11.2 Vendor landscape
Exhibit 106: Overview on Criticality of inputs and Factors of differentiation
11.3 Landscape disruption
Exhibit 107: Overview on factors of disruption
11.4 Industry risks
Exhibit 108: Impact of key risks on business
12 Vendor Analysis
12.1 Vendors covered
Exhibit 109: Vendors covered
12.2 Market positioning of vendors
Exhibit 110: Matrix on vendor position and classification
12.3 Ansaldo Energia Spa
Exhibit 111: Ansaldo Energia Spa - Overview
Exhibit 112: Ansaldo Energia Spa - Product/Service
Exhibit 113: Ansaldo Energia Spa - Key offerings
12.4 Bharat Heavy Electricals Ltd.
Exhibit 114: Bharat Heavy Electricals Ltd. - Overview
Exhibit 115: Bharat Heavy Electricals Ltd. - Business segments
Exhibit 116: Bharat Heavy Electricals Ltd. - Key news
Exhibit 117: Bharat Heavy Electricals Ltd. - Key offerings
Exhibit 118: Bharat Heavy Electricals Ltd. - Segment focus
12.5 Capstone Green Energy Corp.
Exhibit 119: Capstone Green Energy Corp. - Overview
Exhibit 120: Capstone Green Energy Corp. - Business segments
Exhibit 121: Capstone Green Energy Corp. - Key news
Exhibit 122: Capstone Green Energy Corp. - Key offerings
Exhibit 123: Capstone Green Energy Corp. - Segment focus
12.6 Caterpillar Inc.
Exhibit 124: Caterpillar Inc. - Overview
Exhibit 125: Caterpillar Inc. - Business segments
Exhibit 126: Caterpillar Inc. - Key offerings
Exhibit 127: Caterpillar Inc. - Segment focus
12.7 General Electric Co.
Exhibit 128: General Electric Co. - Overview
Exhibit 129: General Electric Co. - Business segments
Exhibit 130: General Electric Co. - Key news
Exhibit 131: General Electric Co. - Key offerings
Exhibit 132: General Electric Co. - Segment focus
12.8 Harbin Electric Corp.
Exhibit 133: Harbin Electric Corp. - Overview
Exhibit 134: Harbin Electric Corp. - Product/Service
Exhibit 135: Harbin Electric Corp. - Key offerings
12.9 IHI Aerospace Co. Ltd.
Exhibit 136: IHI Aerospace Co. Ltd. - Overview
Exhibit 137: IHI Aerospace Co. Ltd. - Business segments
Exhibit 138: IHI Aerospace Co. Ltd. - Key news
Exhibit 139: IHI Aerospace Co. Ltd. - Key offerings
Exhibit 140: IHI Aerospace Co. Ltd. - Segment focus
12.10 Kawasaki Heavy Industries Ltd.
Exhibit 141: Kawasaki Heavy Industries Ltd. - Overview
Exhibit 142: Kawasaki Heavy Industries Ltd. - Business segments
Exhibit 143: Kawasaki Heavy Industries Ltd. - Key news
Exhibit 144: Kawasaki Heavy Industries Ltd. - Key offerings
Exhibit 145: Kawasaki Heavy Industries Ltd. - Segment focus
12.11 MAN Energy Solutions SE
Exhibit 146: MAN Energy Solutions SE - Overview
Exhibit 147: MAN Energy Solutions SE - Product/Service
Exhibit 148: MAN Energy Solutions SE - Key offerings
12.12 Mitsubishi Heavy Industries Ltd.
Exhibit 149: Mitsubishi Heavy Industries Ltd. - Overview
Exhibit 150: Mitsubishi Heavy Industries Ltd. - Business segments
Exhibit 151: Mitsubishi Heavy Industries Ltd. - Key news
Exhibit 152: Mitsubishi Heavy Industries Ltd. - Key offerings
Exhibit 153: Mitsubishi Heavy Industries Ltd. - Segment focus
12.13 OPRA Turbines BV
Exhibit 154: OPRA Turbines BV - Overview
Exhibit 155: OPRA Turbines BV - Product/Service
Exhibit 156: OPRA Turbines BV - Key offerings
12.14 Rolls Royce Holdings Plc
Exhibit 157: Rolls Royce Holdings Plc - Overview
Exhibit 158: Rolls Royce Holdings Plc - Business segments
Exhibit 159: Rolls Royce Holdings Plc - Key news
Exhibit 160: Rolls Royce Holdings Plc - Key offerings
Exhibit 161: Rolls Royce Holdings Plc - Segment focus
12.15 Shanghai Electric Group Co. Ltd.
Exhibit 162: Shanghai Electric Group Co. Ltd. - Overview
Exhibit 163: Shanghai Electric Group Co. Ltd. - Product/Service
Exhibit 164: Shanghai Electric Group Co. Ltd. - Key offerings
12.16 Siemens Energy AG
Exhibit 165: Siemens Energy AG - Overview
Exhibit 166: Siemens Energy AG - Business segments
Exhibit 167: Siemens Energy AG - Key news
Exhibit 168: Siemens Energy AG - Key offerings
Exhibit 169: Siemens Energy AG - Segment focus
12.17 Wartsila Corp.
Exhibit 170: Wartsila Corp. - Overview
Exhibit 171: Wartsila Corp. - Business segments
Exhibit 172: Wartsila Corp. - Key offerings
Exhibit 173: Wartsila Corp. - Segment focus
13 Appendix
13.1 Scope of the report
13.2 Inclusions and exclusions checklist
Exhibit 174: Inclusions checklist
Exhibit 175: Exclusions checklist
13.3 Currency conversion rates for US$
Exhibit 176: Currency conversion rates for US$
13.4 Research methodology
Exhibit 177: Research methodology
Exhibit 178: Validation techniques employed for market sizing
Exhibit 179: Information sources
13.5 List of abbreviations
Exhibit 180: List of abbreviations
List of Exhibits
Exhibits 1: Executive Summary - Chart on Market Overview
Exhibits 2: Executive Summary - Data Table on Market Overview
Exhibits 3: Executive Summary - Chart on Global Market Characteristics
Exhibits 4: Executive Summary - Chart on Market By Geographical Landscape
Exhibits 5: Executive Summary - Chart on Market Segmentation by Product
Exhibits 6: Executive Summary - Chart on Market Segmentation by Technology
Exhibits 7: Executive Summary - Chart on Incremental Growth
Exhibits 8: Executive Summary - Data Table on Incremental Growth
Exhibits 9: Executive Summary - Chart on Vendor Market Positioning
Exhibits 10: Parent market
Exhibits 11: Market Characteristics
Exhibits 12: Offerings of vendors included in the market definition
Exhibits 13: Market segments
Exhibits 14: Chart on Global - Market size and forecast 2023-2028 ($ billion)
Exhibits 15: Data Table on Global - Market size and forecast 2023-2028 ($ billion)
Exhibits 16: Chart on Global Market: Year-over-year growth 2023-2028 (%)
Exhibits 17: Data Table on Global Market: Year-over-year growth 2023-2028 (%)
Exhibits 18: Historic Market Size - Data Table on global gas turbine market 2018 - 2022 ($ billion)
Exhibits 19: Historic Market Size - Product Segment 2018 - 2022 ($ billion)
Exhibits 20: Historic Market Size - Technology Segment 2018 - 2022 ($ billion)
Exhibits 21: Historic Market Size - Geography Segment 2018 - 2022 ($ billion)
Exhibits 22: Historic Market Size - Country Segment 2018 - 2022 ($ billion)
Exhibits 23: Five forces analysis - Comparison between 2023 and 2028
Exhibits 24: Chart on Bargaining power of buyers - Impact of key factors 2023 and 2028
Exhibits 25: Bargaining power of suppliers - Impact of key factors in 2023 and 2028
Exhibits 26: Threat of new entrants - Impact of key factors in 2023 and 2028
Exhibits 27: Threat of substitutes - Impact of key factors in 2023 and 2028
Exhibits 28: Threat of rivalry - Impact of key factors in 2023 and 2028
Exhibits 29: Chart on Market condition - Five forces 2023 and 2028
Exhibits 30: Chart on Product - Market share 2023-2028 (%)
Exhibits 31: Data Table on Product - Market share 2023-2028 (%)
Exhibits 32: Chart on Comparison by Product
Exhibits 33: Data Table on Comparison by Product
Exhibits 34: Chart on Heavy-duty gas turbine - Market size and forecast 2023-2028 ($ billion)
Exhibits 35: Data Table on Heavy-duty gas turbine - Market size and forecast 2023-2028 ($ billion)
Exhibits 36: Chart on Heavy-duty gas turbine - Year-over-year growth 2023-2028 (%)
Exhibits 37: Data Table on Heavy-duty gas turbine - Year-over-year growth 2023-2028 (%)
Exhibits 38: Chart on Aeroderivative gas turbine - Market size and forecast 2023-2028 ($ billion)
Exhibits 39: Data Table on Aeroderivative gas turbine - Market size and forecast 2023-2028 ($ billion)
Exhibits 40: Chart on Aeroderivative gas turbine - Year-over-year growth 2023-2028 (%)
Exhibits 41: Data Table on Aeroderivative gas turbine - Year-over-year growth 2023-2028 (%)
Exhibits 42: Market opportunity by Product ($ billion)
Exhibits 43: Data Table on Market opportunity by Product ($ billion)
Exhibits 44: Chart on Technology - Market share 2023-2028 (%)
Exhibits 45: Data Table on Technology - Market share 2023-2028 (%)
Exhibits 46: Chart on Comparison by Technology
Exhibits 47: Data Table on Comparison by Technology
Exhibits 48: Chart on CCGT - Market size and forecast 2023-2028 ($ billion)
Exhibits 49: Data Table on CCGT - Market size and forecast 2023-2028 ($ billion)
Exhibits 50: Chart on CCGT - Year-over-year growth 2023-2028 (%)
Exhibits 51: Data Table on CCGT - Year-over-year growth 2023-2028 (%)
Exhibits 52: Chart on OCGT - Market size and forecast 2023-2028 ($ billion)
Exhibits 53: Data Table on OCGT - Market size and forecast 2023-2028 ($ billion)
Exhibits 54: Chart on OCGT - Year-over-year growth 2023-2028 (%)
Exhibits 55: Data Table on OCGT - Year-over-year growth 2023-2028 (%)
Exhibits 56: Market opportunity by Technology ($ billion)
Exhibits 57: Data Table on Market opportunity by Technology ($ billion)
Exhibits 58: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibits 59: Chart on Market share By Geographical Landscape 2023-2028 (%)
Exhibits 60: Data Table on Market share By Geographical Landscape 2023-2028 (%)
Exhibits 61: Chart on Geographic comparison
Exhibits 62: Data Table on Geographic comparison
Exhibits 63: Chart on APAC - Market size and forecast 2023-2028 ($ billion)
Exhibits 64: Data Table on APAC - Market size and forecast 2023-2028 ($ billion)
Exhibits 65: Chart on APAC - Year-over-year growth 2023-2028 (%)
Exhibits 66: Data Table on APAC - Year-over-year growth 2023-2028 (%)
Exhibits 67: Chart on North America - Market size and forecast 2023-2028 ($ billion)
Exhibits 68: Data Table on North America - Market size and forecast 2023-2028 ($ billion)
Exhibits 69: Chart on North America - Year-over-year growth 2023-2028 (%)
Exhibits 70: Data Table on North America - Year-over-year growth 2023-2028 (%)
Exhibits 71: Chart on Europe - Market size and forecast 2023-2028 ($ billion)
Exhibits 72: Data Table on Europe - Market size and forecast 2023-2028 ($ billion)
Exhibits 73: Chart on Europe - Year-over-year growth 2023-2028 (%)
Exhibits 74: Data Table on Europe - Year-over-year growth 2023-2028 (%)
Exhibits 75: Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
Exhibits 76: Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
Exhibits 77: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
Exhibits 78: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
Exhibits 79: Chart on South America - Market size and forecast 2023-2028 ($ billion)
Exhibits 80: Data Table on South America - Market size and forecast 2023-2028 ($ billion)
Exhibits 81: Chart on South America - Year-over-year growth 2023-2028 (%)
Exhibits 82: Data Table on South America - Year-over-year growth 2023-2028 (%)
Exhibits 83: Chart on US - Market size and forecast 2023-2028 ($ billion)
Exhibits 84: Data Table on US - Market size and forecast 2023-2028 ($ billion)
Exhibits 85: Chart on US - Year-over-year growth 2023-2028 (%)
Exhibits 86: Data Table on US - Year-over-year growth 2023-2028 (%)
Exhibits 87: Chart on China - Market size and forecast 2023-2028 ($ billion)
Exhibits 88: Data Table on China - Market size and forecast 2023-2028 ($ billion)
Exhibits 89: Chart on China - Year-over-year growth 2023-2028 (%)
Exhibits 90: Data Table on China - Year-over-year growth 2023-2028 (%)
Exhibits 91: Chart on Japan - Market size and forecast 2023-2028 ($ billion)
Exhibits 92: Data Table on Japan - Market size and forecast 2023-2028 ($ billion)
Exhibits 93: Chart on Japan - Year-over-year growth 2023-2028 (%)
Exhibits 94: Data Table on Japan - Year-over-year growth 2023-2028 (%)
Exhibits 95: Chart on India - Market size and forecast 2023-2028 ($ billion)
Exhibits 96: Data Table on India - Market size and forecast 2023-2028 ($ billion)
Exhibits 97: Chart on India - Year-over-year growth 2023-2028 (%)
Exhibits 98: Data Table on India - Year-over-year growth 2023-2028 (%)
Exhibits 99: Chart on Germany - Market size and forecast 2023-2028 ($ billion)
Exhibits 100: Data Table on Germany - Market size and forecast 2023-2028 ($ billion)
Exhibits 101: Chart on Germany - Year-over-year growth 2023-2028 (%)
Exhibits 102: Data Table on Germany - Year-over-year growth 2023-2028 (%)
Exhibits 103: Market opportunity By Geographical Landscape ($ billion)
Exhibits 104: Data Tables on Market opportunity By Geographical Landscape ($ billion)
Exhibits 105: Impact of drivers and challenges in 2023 and 2028
Exhibits 106: Overview on Criticality of inputs and Factors of differentiation
Exhibits 107: Overview on factors of disruption
Exhibits 108: Impact of key risks on business
Exhibits 109: Vendors covered
Exhibits 110: Matrix on vendor position and classification
Exhibits 111: Ansaldo Energia Spa - Overview
Exhibits 112: Ansaldo Energia Spa - Product/Service
Exhibits 113: Ansaldo Energia Spa - Key offerings
Exhibits 114: Bharat Heavy Electricals Ltd. - Overview
Exhibits 115: Bharat Heavy Electricals Ltd. - Business segments
Exhibits 116: Bharat Heavy Electricals Ltd. - Key news
Exhibits 117: Bharat Heavy Electricals Ltd. - Key offerings
Exhibits 118: Bharat Heavy Electricals Ltd. - Segment focus
Exhibits 119: Capstone Green Energy Corp. - Overview
Exhibits 120: Capstone Green Energy Corp. - Business segments
Exhibits 121: Capstone Green Energy Corp. - Key news
Exhibits 122: Capstone Green Energy Corp. - Key offerings
Exhibits 123: Capstone Green Energy Corp. - Segment focus
Exhibits 124: Caterpillar Inc. - Overview
Exhibits 125: Caterpillar Inc. - Business segments
Exhibits 126: Caterpillar Inc. - Key offerings
Exhibits 127: Caterpillar Inc. - Segment focus
Exhibits 128: General Electric Co. - Overview
Exhibits 129: General Electric Co. - Business segments
Exhibits 130: General Electric Co. - Key news
Exhibits 131: General Electric Co. - Key offerings
Exhibits 132: General Electric Co. - Segment focus
Exhibits 133: Harbin Electric Corp. - Overview
Exhibits 134: Harbin Electric Corp. - Product/Service
Exhibits 135: Harbin Electric Corp. - Key offerings
Exhibits 136: IHI Aerospace Co. Ltd. - Overview
Exhibits 137: IHI Aerospace Co. Ltd. - Business segments
Exhibits 138: IHI Aerospace Co. Ltd. - Key news
Exhibits 139: IHI Aerospace Co. Ltd. - Key offerings
Exhibits 140: IHI Aerospace Co. Ltd. - Segment focus
Exhibits 141: Kawasaki Heavy Industries Ltd. - Overview
Exhibits 142: Kawasaki Heavy Industries Ltd. - Business segments
Exhibits 143: Kawasaki Heavy Industries Ltd. - Key news
Exhibits 144: Kawasaki Heavy Industries Ltd. - Key offerings
Exhibits 145: Kawasaki Heavy Industries Ltd. - Segment focus
Exhibits 146: MAN Energy Solutions SE - Overview
Exhibits 147: MAN Energy Solutions SE - Product/Service
Exhibits 148: MAN Energy Solutions SE - Key offerings
Exhibits 149: Mitsubishi Heavy Industries Ltd. - Overview
Exhibits 150: Mitsubishi Heavy Industries Ltd. - Business segments
Exhibits 151: Mitsubishi Heavy Industries Ltd. - Key news
Exhibits 152: Mitsubishi Heavy Industries Ltd. - Key offerings
Exhibits 153: Mitsubishi Heavy Industries Ltd. - Segment focus
Exhibits 154: OPRA Turbines BV - Overview
Exhibits 155: OPRA Turbines BV - Product/Service
Exhibits 156: OPRA Turbines BV - Key offerings
Exhibits 157: Rolls Royce Holdings Plc - Overview
Exhibits 158: Rolls Royce Holdings Plc - Business segments
Exhibits 159: Rolls Royce Holdings Plc - Key news
Exhibits 160: Rolls Royce Holdings Plc - Key offerings
Exhibits 161: Rolls Royce Holdings Plc - Segment focus
Exhibits 162: Shanghai Electric Group Co. Ltd. - Overview
Exhibits 163: Shanghai Electric Group Co. Ltd. - Product/Service
Exhibits 164: Shanghai Electric Group Co. Ltd. - Key offerings
Exhibits 165: Siemens Energy AG - Overview
Exhibits 166: Siemens Energy AG - Business segments
Exhibits 167: Siemens Energy AG - Key news
Exhibits 168: Siemens Energy AG - Key offerings
Exhibits 169: Siemens Energy AG - Segment focus
Exhibits 170: Wartsila Corp. - Overview
Exhibits 171: Wartsila Corp. - Business segments
Exhibits 172: Wartsila Corp. - Key offerings
Exhibits 173: Wartsila Corp. - Segment focus
Exhibits 174: Inclusions checklist
Exhibits 175: Exclusions checklist
Exhibits 176: Currency conversion rates for US$
Exhibits 177: Research methodology
Exhibits 178: Validation techniques employed for market sizing
Exhibits 179: Information sources
Exhibits 180: List of abbreviations

Executive Summary

The publisher recognizes the following companies as the key players in the global gas turbine market: Ansaldo Energia Spa, Bharat Heavy Electricals Ltd., Capstone Green Energy Corp., Caterpillar Inc., Doosan Heavy Industries and Construction Co. Ltd., General Electric Co., Harbin Electric Corp., IHI Aerospace Co. Ltd., Kawasaki Heavy Industries Ltd., MAN Energy Solutions SE, MAPNA Group Co., Mitsubishi Heavy Industries Ltd., Motor Sich JSC, MTU Aero Engines AG, Rolls Royce Holdings Plc, Siemens Energy AG, Solar Turbines Inc., Wartsila Corp., Shanghai Electric Group Co. Ltd., and OPRA Turbines BV.

Commenting on the report, an analyst from the research team said: 'The latest trend gaining momentum in the market is growing use of alternative types of fuel in aero derivative gas turbines.'

According to the report, one of the major drivers for this market is the enhanced efficiency and robustness of gas turbines.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Ansaldo Energia Spa
  • Bharat Heavy Electricals Ltd.
  • Capstone Green Energy Corp.
  • Caterpillar Inc.
  • Doosan Heavy Industries and Construction Co. Ltd.
  • General Electric Co.
  • Harbin Electric Corp.
  • IHI Aerospace Co. Ltd.
  • Kawasaki Heavy Industries Ltd.
  • MAN Energy Solutions SE
  • MAPNA Group Co.
  • Mitsubishi Heavy Industries Ltd.
  • Motor Sich JSC
  • MTU Aero Engines AG
  • Rolls Royce Holdings Plc
  • Siemens Energy AG
  • Solar Turbines Inc.
  • Wartsila Corp.
  • Shanghai Electric Group Co. Ltd.
  • OPRA Turbines BV