Global Gas Turbine Supply, Demand and Key Producers, 2024-2030

Global Gas Turbine Supply, Demand and Key Producers, 2024-2030

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Published Date: 19 Feb 2024

Category: Machinery & Equipment

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  • sp_icon1 sp_icon1_b Description
  • sp_icon2 sp_icon2_b Table of Contents
  • sp_icon3 sp_icon3_b Table of Figures
  • sp_icon4 sp_icon4_b Research Methodology
  • sp_icon1 sp_icon1_b Companies Mentioned
  • sp_icon1 sp_icon1_b Related Reports
  • sp_icon1 sp_icon1_b Product Tags
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Description

The global Gas Turbine market size is expected to reach $ 39010 million by 2030, rising at a market growth of 9.5% CAGR during the forecast period (2024-2030).

Global Gas Turbine key players include GE, Siemens, Mitsubishi-Hitachi, Alstom, Solar Turbines, etc. Global top five players hold a share about 80%.

Europe is the largest market, with a share about 40%, followed by North America and China, having a total share about 40 percent.

In terms of product, Heavy Duty Gas Turbine is the largest segment, with a share about 63%. And in terms of application, the largest application is Power Generation, followed by Oil & Gas, etc.

A gas turbine, also called a combustion turbine, is a type of internal combustion engine. It has an upstream rotating compressor coupled to a downstream turbine, and a combustion chamber or area, called a combustor, in between.

This report studies the global Gas Turbine production, demand, key manufacturers, and key regions.

This report is a detailed and comprehensive analysis of the world market for Gas Turbine, and provides market size (US$ million) and Year-over-Year (YoY) Growth, considering 2023 as the base year. This report explores demand trends and competition, as well as details the characteristics of Gas Turbine that contribute to its increasing demand across many markets.

Highlights and key features of the study
Global Gas Turbine total production and demand, 2019-2030, (Units)
Global Gas Turbine total production value, 2019-2030, (USD Million)
Global Gas Turbine production by region & country, production, value, CAGR, 2019-2030, (USD Million) & (Units)
Global Gas Turbine consumption by region & country, CAGR, 2019-2030 & (Units)
U.S. VS China: Gas Turbine domestic production, consumption, key domestic manufacturers and share
Global Gas Turbine production by manufacturer, production, price, value and market share 2019-2024, (USD Million) & (Units)
Global Gas Turbine production by Type, production, value, CAGR, 2019-2030, (USD Million) & (Units)
Global Gas Turbine production by Application production, value, CAGR, 2019-2030, (USD Million) & (Units).

This reports profiles key players in the global Gas Turbine market based on the following parameters – company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include General Electric, Siemens, Mitsubishi Hitachi Power Systems, Wood Group, Kawasaki Heavy Industries, Solar Turbines, Ansaldo Energia, MTU Aero Engines and Sulzer, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World Gas Turbine market.

Detailed Segmentation:
Each section contains quantitative market data including market by value (US$ Millions), volume (production, consumption) & (Units) and average price (USD/Unit) by manufacturer, by Type, and by Application. Data is given for the years 2019-2030 by year with 2023 as the base year, 2024 as the estimate year, and 2025-2030 as the forecast year.

Global Gas Turbine Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World

Global Gas Turbine Market, Segmentation by Type
Heavy Duty Gas Turbine
Aeroderivative Gas Turbine
Light Duty Gas Turbine

Global Gas Turbine Market, Segmentation by Application
Power Generation
Oil & Gas
Other

Companies Profiled:
General Electric
Siemens
Mitsubishi Hitachi Power Systems
Wood Group
Kawasaki Heavy Industries
Solar Turbines
Ansaldo Energia
MTU Aero Engines
Sulzer
MAN Diesel and Turbo
MJB International
Proenergy Services
MAN Energy
BHEL

Key Questions Answered
1. How big is the global Gas Turbine market?
2. What is the demand of the global Gas Turbine market?
3. What is the year over year growth of the global Gas Turbine market?
4. What is the production and production value of the global Gas Turbine market?
5. Who are the key producers in the global Gas Turbine market?
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Table of Contents

1 Supply Summary
1.1 Gas Turbine Introduction
1.2 World Gas Turbine Supply & Forecast
1.2.1 World Gas Turbine Production Value (2019 & 2023 & 2030)
1.2.2 World Gas Turbine Production (2019-2030)
1.2.3 World Gas Turbine Pricing Trends (2019-2030)
1.3 World Gas Turbine Production by Region (Based on Production Site)
1.3.1 World Gas Turbine Production Value by Region (2019-2030)
1.3.2 World Gas Turbine Production by Region (2019-2030)
1.3.3 World Gas Turbine Average Price by Region (2019-2030)
1.3.4 North America Gas Turbine Production (2019-2030)
1.3.5 Europe Gas Turbine Production (2019-2030)
1.3.6 Japan Gas Turbine Production (2019-2030)
1.3.7 India Gas Turbine Production (2019-2030)
1.4 Market Drivers, Restraints and Trends
1.4.1 Gas Turbine Market Drivers
1.4.2 Factors Affecting Demand
1.4.3 Gas Turbine Major Market Trends

2 Demand Summary
2.1 World Gas Turbine Demand (2019-2030)
2.2 World Gas Turbine Consumption by Region
2.2.1 World Gas Turbine Consumption by Region (2019-2024)
2.2.2 World Gas Turbine Consumption Forecast by Region (2025-2030)
2.3 United States Gas Turbine Consumption (2019-2030)
2.4 China Gas Turbine Consumption (2019-2030)
2.5 Europe Gas Turbine Consumption (2019-2030)
2.6 Japan Gas Turbine Consumption (2019-2030)
2.7 South Korea Gas Turbine Consumption (2019-2030)
2.8 ASEAN Gas Turbine Consumption (2019-2030)
2.9 India Gas Turbine Consumption (2019-2030)

3 World Gas Turbine Manufacturers Competitive Analysis
3.1 World Gas Turbine Production Value by Manufacturer (2019-2024)
3.2 World Gas Turbine Production by Manufacturer (2019-2024)
3.3 World Gas Turbine Average Price by Manufacturer (2019-2024)
3.4 Gas Turbine Company Evaluation Quadrant
3.5 Industry Rank and Concentration Rate (CR)
3.5.1 Global Gas Turbine Industry Rank of Major Manufacturers
3.5.2 Global Concentration Ratios (CR4) for Gas Turbine in 2023
3.5.3 Global Concentration Ratios (CR8) for Gas Turbine in 2023
3.6 Gas Turbine Market: Overall Company Footprint Analysis
3.6.1 Gas Turbine Market: Region Footprint
3.6.2 Gas Turbine Market: Company Product Type Footprint
3.6.3 Gas Turbine Market: Company Product Application Footprint
3.7 Competitive Environment
3.7.1 Historical Structure of the Industry
3.7.2 Barriers of Market Entry
3.7.3 Factors of Competition
3.8 New Entrant and Capacity Expansion Plans
3.9 Mergers, Acquisition, Agreements, and Collaborations

4 United States VS China VS Rest of the World
4.1 United States VS China: Gas Turbine Production Value Comparison
4.1.1 United States VS China: Gas Turbine Production Value Comparison (2019 & 2023 & 2030)
4.1.2 United States VS China: Gas Turbine Production Value Market Share Comparison (2019 & 2023 & 2030)
4.2 United States VS China: Gas Turbine Production Comparison
4.2.1 United States VS China: Gas Turbine Production Comparison (2019 & 2023 & 2030)
4.2.2 United States VS China: Gas Turbine Production Market Share Comparison (2019 & 2023 & 2030)
4.3 United States VS China: Gas Turbine Consumption Comparison
4.3.1 United States VS China: Gas Turbine Consumption Comparison (2019 & 2023 & 2030)
4.3.2 United States VS China: Gas Turbine Consumption Market Share Comparison (2019 & 2023 & 2030)
4.4 United States Based Gas Turbine Manufacturers and Market Share, 2019-2024
4.4.1 United States Based Gas Turbine Manufacturers, Headquarters and Production Site (States, Country)
4.4.2 United States Based Manufacturers Gas Turbine Production Value (2019-2024)
4.4.3 United States Based Manufacturers Gas Turbine Production (2019-2024)
4.5 China Based Gas Turbine Manufacturers and Market Share
4.5.1 China Based Gas Turbine Manufacturers, Headquarters and Production Site (Province, Country)
4.5.2 China Based Manufacturers Gas Turbine Production Value (2019-2024)
4.5.3 China Based Manufacturers Gas Turbine Production (2019-2024)
4.6 Rest of World Based Gas Turbine Manufacturers and Market Share, 2019-2024
4.6.1 Rest of World Based Gas Turbine Manufacturers, Headquarters and Production Site (State, Country)
4.6.2 Rest of World Based Manufacturers Gas Turbine Production Value (2019-2024)
4.6.3 Rest of World Based Manufacturers Gas Turbine Production (2019-2024)

5 Market Analysis by Type
5.1 World Gas Turbine Market Size Overview by Type: 2019 VS 2023 VS 2030
5.2 Segment Introduction by Type
5.2.1 Heavy Duty Gas Turbine
5.2.2 Aeroderivative Gas Turbine
5.2.3 Light Duty Gas Turbine
5.3 Market Segment by Type
5.3.1 World Gas Turbine Production by Type (2019-2030)
5.3.2 World Gas Turbine Production Value by Type (2019-2030)
5.3.3 World Gas Turbine Average Price by Type (2019-2030)

6 Market Analysis by Application
6.1 World Gas Turbine Market Size Overview by Application: 2019 VS 2023 VS 2030
6.2 Segment Introduction by Application
6.2.1 Power Generation
6.2.2 Oil & Gas
6.2.3 Other
6.3 Market Segment by Application
6.3.1 World Gas Turbine Production by Application (2019-2030)
6.3.2 World Gas Turbine Production Value by Application (2019-2030)
6.3.3 World Gas Turbine Average Price by Application (2019-2030)

7 Company Profiles
7.1 General Electric
7.1.1 General Electric Details
7.1.2 General Electric Major Business
7.1.3 General Electric Gas Turbine Product and Services
7.1.4 General Electric Gas Turbine Production, Price, Value, Gross Margin and Market Share (2019-2024)
7.1.5 General Electric Recent Developments/Updates
7.1.6 General Electric Competitive Strengths & Weaknesses
7.2 Siemens
7.2.1 Siemens Details
7.2.2 Siemens Major Business
7.2.3 Siemens Gas Turbine Product and Services
7.2.4 Siemens Gas Turbine Production, Price, Value, Gross Margin and Market Share (2019-2024)
7.2.5 Siemens Recent Developments/Updates
7.2.6 Siemens Competitive Strengths & Weaknesses
7.3 Mitsubishi Hitachi Power Systems
7.3.1 Mitsubishi Hitachi Power Systems Details
7.3.2 Mitsubishi Hitachi Power Systems Major Business
7.3.3 Mitsubishi Hitachi Power Systems Gas Turbine Product and Services
7.3.4 Mitsubishi Hitachi Power Systems Gas Turbine Production, Price, Value, Gross Margin and Market Share (2019-2024)
7.3.5 Mitsubishi Hitachi Power Systems Recent Developments/Updates
7.3.6 Mitsubishi Hitachi Power Systems Competitive Strengths & Weaknesses
7.4 Wood Group
7.4.1 Wood Group Details
7.4.2 Wood Group Major Business
7.4.3 Wood Group Gas Turbine Product and Services
7.4.4 Wood Group Gas Turbine Production, Price, Value, Gross Margin and Market Share (2019-2024)
7.4.5 Wood Group Recent Developments/Updates
7.4.6 Wood Group Competitive Strengths & Weaknesses
7.5 Kawasaki Heavy Industries
7.5.1 Kawasaki Heavy Industries Details
7.5.2 Kawasaki Heavy Industries Major Business
7.5.3 Kawasaki Heavy Industries Gas Turbine Product and Services
7.5.4 Kawasaki Heavy Industries Gas Turbine Production, Price, Value, Gross Margin and Market Share (2019-2024)
7.5.5 Kawasaki Heavy Industries Recent Developments/Updates
7.5.6 Kawasaki Heavy Industries Competitive Strengths & Weaknesses
7.6 Solar Turbines
7.6.1 Solar Turbines Details
7.6.2 Solar Turbines Major Business
7.6.3 Solar Turbines Gas Turbine Product and Services
7.6.4 Solar Turbines Gas Turbine Production, Price, Value, Gross Margin and Market Share (2019-2024)
7.6.5 Solar Turbines Recent Developments/Updates
7.6.6 Solar Turbines Competitive Strengths & Weaknesses
7.7 Ansaldo Energia
7.7.1 Ansaldo Energia Details
7.7.2 Ansaldo Energia Major Business
7.7.3 Ansaldo Energia Gas Turbine Product and Services
7.7.4 Ansaldo Energia Gas Turbine Production, Price, Value, Gross Margin and Market Share (2019-2024)
7.7.5 Ansaldo Energia Recent Developments/Updates
7.7.6 Ansaldo Energia Competitive Strengths & Weaknesses
7.8 MTU Aero Engines
7.8.1 MTU Aero Engines Details
7.8.2 MTU Aero Engines Major Business
7.8.3 MTU Aero Engines Gas Turbine Product and Services
7.8.4 MTU Aero Engines Gas Turbine Production, Price, Value, Gross Margin and Market Share (2019-2024)
7.8.5 MTU Aero Engines Recent Developments/Updates
7.8.6 MTU Aero Engines Competitive Strengths & Weaknesses
7.9 Sulzer
7.9.1 Sulzer Details
7.9.2 Sulzer Major Business
7.9.3 Sulzer Gas Turbine Product and Services
7.9.4 Sulzer Gas Turbine Production, Price, Value, Gross Margin and Market Share (2019-2024)
7.9.5 Sulzer Recent Developments/Updates
7.9.6 Sulzer Competitive Strengths & Weaknesses
7.10 MAN Diesel and Turbo
7.10.1 MAN Diesel and Turbo Details
7.10.2 MAN Diesel and Turbo Major Business
7.10.3 MAN Diesel and Turbo Gas Turbine Product and Services
7.10.4 MAN Diesel and Turbo Gas Turbine Production, Price, Value, Gross Margin and Market Share (2019-2024)
7.10.5 MAN Diesel and Turbo Recent Developments/Updates
7.10.6 MAN Diesel and Turbo Competitive Strengths & Weaknesses
7.11 MJB International
7.11.1 MJB International Details
7.11.2 MJB International Major Business
7.11.3 MJB International Gas Turbine Product and Services
7.11.4 MJB International Gas Turbine Production, Price, Value, Gross Margin and Market Share (2019-2024)
7.11.5 MJB International Recent Developments/Updates
7.11.6 MJB International Competitive Strengths & Weaknesses
7.12 Proenergy Services
7.12.1 Proenergy Services Details
7.12.2 Proenergy Services Major Business
7.12.3 Proenergy Services Gas Turbine Product and Services
7.12.4 Proenergy Services Gas Turbine Production, Price, Value, Gross Margin and Market Share (2019-2024)
7.12.5 Proenergy Services Recent Developments/Updates
7.12.6 Proenergy Services Competitive Strengths & Weaknesses
7.13 MAN Energy
7.13.1 MAN Energy Details
7.13.2 MAN Energy Major Business
7.13.3 MAN Energy Gas Turbine Product and Services
7.13.4 MAN Energy Gas Turbine Production, Price, Value, Gross Margin and Market Share (2019-2024)
7.13.5 MAN Energy Recent Developments/Updates
7.13.6 MAN Energy Competitive Strengths & Weaknesses
7.14 BHEL
7.14.1 BHEL Details
7.14.2 BHEL Major Business
7.14.3 BHEL Gas Turbine Product and Services
7.14.4 BHEL Gas Turbine Production, Price, Value, Gross Margin and Market Share (2019-2024)
7.14.5 BHEL Recent Developments/Updates
7.14.6 BHEL Competitive Strengths & Weaknesses

8 Industry Chain Analysis
8.1 Gas Turbine Industry Chain
8.2 Gas Turbine Upstream Analysis
8.2.1 Gas Turbine Core Raw Materials
8.2.2 Main Manufacturers of Gas Turbine Core Raw Materials
8.3 Midstream Analysis
8.4 Downstream Analysis
8.5 Gas Turbine Production Mode
8.6 Gas Turbine Procurement Model
8.7 Gas Turbine Industry Sales Model and Sales Channels
8.7.1 Gas Turbine Sales Model
8.7.2 Gas Turbine Typical Customers

9 Research Findings and Conclusion

10 Appendix
10.1 Methodology
10.2 Research Process and Data Source
10.3 Disclaimer
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Table of Figures

List of Tables
Table 1. World Gas Turbine Production Value by Region (2019, 2023 and 2030) & (USD Million)
Table 2. World Gas Turbine Production Value by Region (2019-2024) & (USD Million)
Table 3. World Gas Turbine Production Value by Region (2025-2030) & (USD Million)
Table 4. World Gas Turbine Production Value Market Share by Region (2019-2024)
Table 5. World Gas Turbine Production Value Market Share by Region (2025-2030)
Table 6. World Gas Turbine Production by Region (2019-2024) & (Units)
Table 7. World Gas Turbine Production by Region (2025-2030) & (Units)
Table 8. World Gas Turbine Production Market Share by Region (2019-2024)
Table 9. World Gas Turbine Production Market Share by Region (2025-2030)
Table 10. World Gas Turbine Average Price by Region (2019-2024) & (USD/Unit)
Table 11. World Gas Turbine Average Price by Region (2025-2030) & (USD/Unit)
Table 12. Gas Turbine Major Market Trends
Table 13. World Gas Turbine Consumption Growth Rate Forecast by Region (2019 & 2023 & 2030) & (Units)
Table 14. World Gas Turbine Consumption by Region (2019-2024) & (Units)
Table 15. World Gas Turbine Consumption Forecast by Region (2025-2030) & (Units)
Table 16. World Gas Turbine Production Value by Manufacturer (2019-2024) & (USD Million)
Table 17. Production Value Market Share of Key Gas Turbine Producers in 2023
Table 18. World Gas Turbine Production by Manufacturer (2019-2024) & (Units)
Table 19. Production Market Share of Key Gas Turbine Producers in 2023
Table 20. World Gas Turbine Average Price by Manufacturer (2019-2024) & (USD/Unit)
Table 21. Global Gas Turbine Company Evaluation Quadrant
Table 22. World Gas Turbine Industry Rank of Major Manufacturers, Based on Production Value in 2023
Table 23. Head Office and Gas Turbine Production Site of Key Manufacturer
Table 24. Gas Turbine Market: Company Product Type Footprint
Table 25. Gas Turbine Market: Company Product Application Footprint
Table 26. Gas Turbine Competitive Factors
Table 27. Gas Turbine New Entrant and Capacity Expansion Plans
Table 28. Gas Turbine Mergers & Acquisitions Activity
Table 29. United States VS China Gas Turbine Production Value Comparison, (2019 & 2023 & 2030) & (USD Million)
Table 30. United States VS China Gas Turbine Production Comparison, (2019 & 2023 & 2030) & (Units)
Table 31. United States VS China Gas Turbine Consumption Comparison, (2019 & 2023 & 2030) & (Units)
Table 32. United States Based Gas Turbine Manufacturers, Headquarters and Production Site (States, Country)
Table 33. United States Based Manufacturers Gas Turbine Production Value, (2019-2024) & (USD Million)
Table 34. United States Based Manufacturers Gas Turbine Production Value Market Share (2019-2024)
Table 35. United States Based Manufacturers Gas Turbine Production (2019-2024) & (Units)
Table 36. United States Based Manufacturers Gas Turbine Production Market Share (2019-2024)
Table 37. China Based Gas Turbine Manufacturers, Headquarters and Production Site (Province, Country)
Table 38. China Based Manufacturers Gas Turbine Production Value, (2019-2024) & (USD Million)
Table 39. China Based Manufacturers Gas Turbine Production Value Market Share (2019-2024)
Table 40. China Based Manufacturers Gas Turbine Production (2019-2024) & (Units)
Table 41. China Based Manufacturers Gas Turbine Production Market Share (2019-2024)
Table 42. Rest of World Based Gas Turbine Manufacturers, Headquarters and Production Site (States, Country)
Table 43. Rest of World Based Manufacturers Gas Turbine Production Value, (2019-2024) & (USD Million)
Table 44. Rest of World Based Manufacturers Gas Turbine Production Value Market Share (2019-2024)
Table 45. Rest of World Based Manufacturers Gas Turbine Production (2019-2024) & (Units)
Table 46. Rest of World Based Manufacturers Gas Turbine Production Market Share (2019-2024)
Table 47. World Gas Turbine Production Value by Type, (USD Million), 2019 & 2023 & 2030
Table 48. World Gas Turbine Production by Type (2019-2024) & (Units)
Table 49. World Gas Turbine Production by Type (2025-2030) & (Units)
Table 50. World Gas Turbine Production Value by Type (2019-2024) & (USD Million)
Table 51. World Gas Turbine Production Value by Type (2025-2030) & (USD Million)
Table 52. World Gas Turbine Average Price by Type (2019-2024) & (USD/Unit)
Table 53. World Gas Turbine Average Price by Type (2025-2030) & (USD/Unit)
Table 54. World Gas Turbine Production Value by Application, (USD Million), 2019 & 2023 & 2030
Table 55. World Gas Turbine Production by Application (2019-2024) & (Units)
Table 56. World Gas Turbine Production by Application (2025-2030) & (Units)
Table 57. World Gas Turbine Production Value by Application (2019-2024) & (USD Million)
Table 58. World Gas Turbine Production Value by Application (2025-2030) & (USD Million)
Table 59. World Gas Turbine Average Price by Application (2019-2024) & (USD/Unit)
Table 60. World Gas Turbine Average Price by Application (2025-2030) & (USD/Unit)
Table 61. General Electric Basic Information, Manufacturing Base and Competitors
Table 62. General Electric Major Business
Table 63. General Electric Gas Turbine Product and Services
Table 64. General Electric Gas Turbine Production (Units), Price (USD/Unit), Production Value (USD Million), Gross Margin and Market Share (2019-2024)
Table 65. General Electric Recent Developments/Updates
Table 66. General Electric Competitive Strengths & Weaknesses
Table 67. Siemens Basic Information, Manufacturing Base and Competitors
Table 68. Siemens Major Business
Table 69. Siemens Gas Turbine Product and Services
Table 70. Siemens Gas Turbine Production (Units), Price (USD/Unit), Production Value (USD Million), Gross Margin and Market Share (2019-2024)
Table 71. Siemens Recent Developments/Updates
Table 72. Siemens Competitive Strengths & Weaknesses
Table 73. Mitsubishi Hitachi Power Systems Basic Information, Manufacturing Base and Competitors
Table 74. Mitsubishi Hitachi Power Systems Major Business
Table 75. Mitsubishi Hitachi Power Systems Gas Turbine Product and Services
Table 76. Mitsubishi Hitachi Power Systems Gas Turbine Production (Units), Price (USD/Unit), Production Value (USD Million), Gross Margin and Market Share (2019-2024)
Table 77. Mitsubishi Hitachi Power Systems Recent Developments/Updates
Table 78. Mitsubishi Hitachi Power Systems Competitive Strengths & Weaknesses
Table 79. Wood Group Basic Information, Manufacturing Base and Competitors
Table 80. Wood Group Major Business
Table 81. Wood Group Gas Turbine Product and Services
Table 82. Wood Group Gas Turbine Production (Units), Price (USD/Unit), Production Value (USD Million), Gross Margin and Market Share (2019-2024)
Table 83. Wood Group Recent Developments/Updates
Table 84. Wood Group Competitive Strengths & Weaknesses
Table 85. Kawasaki Heavy Industries Basic Information, Manufacturing Base and Competitors
Table 86. Kawasaki Heavy Industries Major Business
Table 87. Kawasaki Heavy Industries Gas Turbine Product and Services
Table 88. Kawasaki Heavy Industries Gas Turbine Production (Units), Price (USD/Unit), Production Value (USD Million), Gross Margin and Market Share (2019-2024)
Table 89. Kawasaki Heavy Industries Recent Developments/Updates
Table 90. Kawasaki Heavy Industries Competitive Strengths & Weaknesses
Table 91. Solar Turbines Basic Information, Manufacturing Base and Competitors
Table 92. Solar Turbines Major Business
Table 93. Solar Turbines Gas Turbine Product and Services
Table 94. Solar Turbines Gas Turbine Production (Units), Price (USD/Unit), Production Value (USD Million), Gross Margin and Market Share (2019-2024)
Table 95. Solar Turbines Recent Developments/Updates
Table 96. Solar Turbines Competitive Strengths & Weaknesses
Table 97. Ansaldo Energia Basic Information, Manufacturing Base and Competitors
Table 98. Ansaldo Energia Major Business
Table 99. Ansaldo Energia Gas Turbine Product and Services
Table 100. Ansaldo Energia Gas Turbine Production (Units), Price (USD/Unit), Production Value (USD Million), Gross Margin and Market Share (2019-2024)
Table 101. Ansaldo Energia Recent Developments/Updates
Table 102. Ansaldo Energia Competitive Strengths & Weaknesses
Table 103. MTU Aero Engines Basic Information, Manufacturing Base and Competitors
Table 104. MTU Aero Engines Major Business
Table 105. MTU Aero Engines Gas Turbine Product and Services
Table 106. MTU Aero Engines Gas Turbine Production (Units), Price (USD/Unit), Production Value (USD Million), Gross Margin and Market Share (2019-2024)
Table 107. MTU Aero Engines Recent Developments/Updates
Table 108. MTU Aero Engines Competitive Strengths & Weaknesses
Table 109. Sulzer Basic Information, Manufacturing Base and Competitors
Table 110. Sulzer Major Business
Table 111. Sulzer Gas Turbine Product and Services
Table 112. Sulzer Gas Turbine Production (Units), Price (USD/Unit), Production Value (USD Million), Gross Margin and Market Share (2019-2024)
Table 113. Sulzer Recent Developments/Updates
Table 114. Sulzer Competitive Strengths & Weaknesses
Table 115. MAN Diesel and Turbo Basic Information, Manufacturing Base and Competitors
Table 116. MAN Diesel and Turbo Major Business
Table 117. MAN Diesel and Turbo Gas Turbine Product and Services
Table 118. MAN Diesel and Turbo Gas Turbine Production (Units), Price (USD/Unit), Production Value (USD Million), Gross Margin and Market Share (2019-2024)
Table 119. MAN Diesel and Turbo Recent Developments/Updates
Table 120. MAN Diesel and Turbo Competitive Strengths & Weaknesses
Table 121. MJB International Basic Information, Manufacturing Base and Competitors
Table 122. MJB International Major Business
Table 123. MJB International Gas Turbine Product and Services
Table 124. MJB International Gas Turbine Production (Units), Price (USD/Unit), Production Value (USD Million), Gross Margin and Market Share (2019-2024)
Table 125. MJB International Recent Developments/Updates
Table 126. MJB International Competitive Strengths & Weaknesses
Table 127. Proenergy Services Basic Information, Manufacturing Base and Competitors
Table 128. Proenergy Services Major Business
Table 129. Proenergy Services Gas Turbine Product and Services
Table 130. Proenergy Services Gas Turbine Production (Units), Price (USD/Unit), Production Value (USD Million), Gross Margin and Market Share (2019-2024)
Table 131. Proenergy Services Recent Developments/Updates
Table 132. Proenergy Services Competitive Strengths & Weaknesses
Table 133. MAN Energy Basic Information, Manufacturing Base and Competitors
Table 134. MAN Energy Major Business
Table 135. MAN Energy Gas Turbine Product and Services
Table 136. MAN Energy Gas Turbine Production (Units), Price (USD/Unit), Production Value (USD Million), Gross Margin and Market Share (2019-2024)
Table 137. MAN Energy Recent Developments/Updates
Table 138. BHEL Basic Information, Manufacturing Base and Competitors
Table 139. BHEL Major Business
Table 140. BHEL Gas Turbine Product and Services
Table 141. BHEL Gas Turbine Production (Units), Price (USD/Unit), Production Value (USD Million), Gross Margin and Market Share (2019-2024)
Table 142. Global Key Players of Gas Turbine Upstream (Raw Materials)
Table 143. Gas Turbine Typical Customers
Table 144. Gas Turbine Typical Distributors
List of Figure
Figure 1. Gas Turbine Picture
Figure 2. World Gas Turbine Production Value: 2019 & 2023 & 2030, (USD Million)
Figure 3. World Gas Turbine Production Value and Forecast (2019-2030) & (USD Million)
Figure 4. World Gas Turbine Production (2019-2030) & (Units)
Figure 5. World Gas Turbine Average Price (2019-2030) & (USD/Unit)
Figure 6. World Gas Turbine Production Value Market Share by Region (2019-2030)
Figure 7. World Gas Turbine Production Market Share by Region (2019-2030)
Figure 8. North America Gas Turbine Production (2019-2030) & (Units)
Figure 9. Europe Gas Turbine Production (2019-2030) & (Units)
Figure 10. Japan Gas Turbine Production (2019-2030) & (Units)
Figure 11. India Gas Turbine Production (2019-2030) & (Units)
Figure 12. Gas Turbine Market Drivers
Figure 13. Factors Affecting Demand
Figure 14. World Gas Turbine Consumption (2019-2030) & (Units)
Figure 15. World Gas Turbine Consumption Market Share by Region (2019-2030)
Figure 16. United States Gas Turbine Consumption (2019-2030) & (Units)
Figure 17. China Gas Turbine Consumption (2019-2030) & (Units)
Figure 18. Europe Gas Turbine Consumption (2019-2030) & (Units)
Figure 19. Japan Gas Turbine Consumption (2019-2030) & (Units)
Figure 20. South Korea Gas Turbine Consumption (2019-2030) & (Units)
Figure 21. ASEAN Gas Turbine Consumption (2019-2030) & (Units)
Figure 22. India Gas Turbine Consumption (2019-2030) & (Units)
Figure 23. Producer Shipments of Gas Turbine by Manufacturer Revenue ($MM) and Market Share (%): 2023
Figure 24. Global Four-firm Concentration Ratios (CR4) for Gas Turbine Markets in 2023
Figure 25. Global Four-firm Concentration Ratios (CR8) for Gas Turbine Markets in 2023
Figure 26. United States VS China: Gas Turbine Production Value Market Share Comparison (2019 & 2023 & 2030)
Figure 27. United States VS China: Gas Turbine Production Market Share Comparison (2019 & 2023 & 2030)
Figure 28. United States VS China: Gas Turbine Consumption Market Share Comparison (2019 & 2023 & 2030)
Figure 29. United States Based Manufacturers Gas Turbine Production Market Share 2023
Figure 30. China Based Manufacturers Gas Turbine Production Market Share 2023
Figure 31. Rest of World Based Manufacturers Gas Turbine Production Market Share 2023
Figure 32. World Gas Turbine Production Value by Type, (USD Million), 2019 & 2023 & 2030
Figure 33. World Gas Turbine Production Value Market Share by Type in 2023
Figure 34. Heavy Duty Gas Turbine
Figure 35. Aeroderivative Gas Turbine
Figure 36. Light Duty Gas Turbine
Figure 37. World Gas Turbine Production Market Share by Type (2019-2030)
Figure 38. World Gas Turbine Production Value Market Share by Type (2019-2030)
Figure 39. World Gas Turbine Average Price by Type (2019-2030) & (USD/Unit)
Figure 40. World Gas Turbine Production Value by Application, (USD Million), 2019 & 2023 & 2030
Figure 41. World Gas Turbine Production Value Market Share by Application in 2023
Figure 42. Power Generation
Figure 43. Oil & Gas
Figure 44. Other
Figure 45. World Gas Turbine Production Market Share by Application (2019-2030)
Figure 46. World Gas Turbine Production Value Market Share by Application (2019-2030)
Figure 47. World Gas Turbine Average Price by Application (2019-2030) & (USD/Unit)
Figure 48. Gas Turbine Industry Chain
Figure 49. Gas Turbine Procurement Model
Figure 50. Gas Turbine Sales Model
Figure 51. Gas Turbine Sales Channels, Direct Sales, and Distribution
Figure 52. Methodology
Figure 53. Research Process and Data Source
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Research Methodology

Client Requirements

yuan2

Review and analyze client requirements

yuan2

Discussion of all the project requirements and queries

Flexibility Check

yuan2

Project Feasibility Analysis

yuan2

Finalizing tentative research programme

yuan2

Structuring project proposal with scope, timeline, and costs

Analyzing Market Dynamics

yuan2

Determination of key drivers, restraints, challenge, and opportunity

yuan2

Identifies market needs and trends

Market Size Estimation & Forecast

yuan2

Estimation of historical data based on secondary and primary data

yuan2

Anticipating market recast by assigning weightage to market forces (drivers, restraints, opportunities)

yuan2

Freezing historical and forecast market size estimations based on evolution, trends, outlook, and strategies

yuan2

Consideration of geography, region-specific product/service demand for region segments

yuan2

Consideration of product utilization rates, product demand outlook for segments by application or end-user.

tuBiao1

Data Source

yuan2

Secondary Source
Data collections from annual reports, presentations,associations, journals, analyst reports, paid database, press releases, blogs, newsletters,and GIR repositories.

yuan2

Primary Source
Research discussion with manufacturers, distributors, suppliers, end user, industry experts to verify insights.

Validation and
triangulation of
secondary and primary source.

yuan2

Collection of data

yuan2

Cumulating and collating the essential qualitative and quantitative data

yuan2

Generation of report in client requested format by research analysts

yuan2

Reviews by expert analysts

yuan2

Final quality check

yuan2

Clarifying queries

yuan2

Receiving feedback

yuan2

Ensuring satisfaction

  • yuan01
    liuCheng01

    01 Identification of data

    This step involves identification of several primary and secondary data research sources, including Global Info Research's internal data sources. The primary sources consist of in-depth discussions and interviews with policy makers, industry experts, and data evaluators, whereas secondary sources include a thorough study of market journals, press releases, annual reports, and government and non-government agencies websites.

  • yuan01
    liuCheng01

    02 Evaluation of Market Dynamic

    This phase includes a detailed evaluation of several factors that are likely to affect the market dynamics. It involves a comprehensive assessment of major market pain points, drivers, and trends. It also comprises a detailed study of research plans and methodology.

  • yuan01
    liuCheng01

    03 Collection of Data

    This process consists of gathering data, accessing proprietary databases, and reaching out to key industry participants that operate in the market across the value chain. It also involves studying several patterns in the historical data and comparing it with the current scenario.

  • yuan01
    liuCheng01

    04 Collaboration of Data

    This stage involves the validation of data and arrival at actual statistics, and evolution of the market over the years. It entails the study and analyzes various segments and verticals of the market. An impact analysis is also performed to observe which factors will affect the market in the next few years.

  • yuan01
    liuCheng01

    05 Verification and Analysis

    This is the final stage, which involves both quantity and quality checks. Although the process of data verification is an integral part of the research process, all data points and statistics and figures are re-checked to uphold their authenticity and validity.

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Companies Mentioned

General Electric
Siemens
Mitsubishi Hitachi Power Systems
Wood Group
Kawasaki Heavy Industries
Solar Turbines
Ansaldo Energia
MTU Aero Engines
Sulzer
MAN Diesel and Turbo
MJB International
Proenergy Services
MAN Energy
BHEL
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Global Gas Turbine Supply, Demand and Key Producers, 2024-2030

Global Gas Turbine Supply, Demand and Key Producers, 2024-2030

Page: 124

Published Date: 19 Feb 2024

Category: Machinery & Equipment

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Description

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Description

The global Gas Turbine market size is expected to reach $ 39010 million by 2030, rising at a market growth of 9.5% CAGR during the forecast period (2024-2030).

Global Gas Turbine key players include GE, Siemens, Mitsubishi-Hitachi, Alstom, Solar Turbines, etc. Global top five players hold a share about 80%.

Europe is the largest market, with a share about 40%, followed by North America and China, having a total share about 40 percent.

In terms of product, Heavy Duty Gas Turbine is the largest segment, with a share about 63%. And in terms of application, the largest application is Power Generation, followed by Oil & Gas, etc.

A gas turbine, also called a combustion turbine, is a type of internal combustion engine. It has an upstream rotating compressor coupled to a downstream turbine, and a combustion chamber or area, called a combustor, in between.

This report studies the global Gas Turbine production, demand, key manufacturers, and key regions.

This report is a detailed and comprehensive analysis of the world market for Gas Turbine, and provides market size (US$ million) and Year-over-Year (YoY) Growth, considering 2023 as the base year. This report explores demand trends and competition, as well as details the characteristics of Gas Turbine that contribute to its increasing demand across many markets.

Highlights and key features of the study
Global Gas Turbine total production and demand, 2019-2030, (Units)
Global Gas Turbine total production value, 2019-2030, (USD Million)
Global Gas Turbine production by region & country, production, value, CAGR, 2019-2030, (USD Million) & (Units)
Global Gas Turbine consumption by region & country, CAGR, 2019-2030 & (Units)
U.S. VS China: Gas Turbine domestic production, consumption, key domestic manufacturers and share
Global Gas Turbine production by manufacturer, production, price, value and market share 2019-2024, (USD Million) & (Units)
Global Gas Turbine production by Type, production, value, CAGR, 2019-2030, (USD Million) & (Units)
Global Gas Turbine production by Application production, value, CAGR, 2019-2030, (USD Million) & (Units).

This reports profiles key players in the global Gas Turbine market based on the following parameters – company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include General Electric, Siemens, Mitsubishi Hitachi Power Systems, Wood Group, Kawasaki Heavy Industries, Solar Turbines, Ansaldo Energia, MTU Aero Engines and Sulzer, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World Gas Turbine market.

Detailed Segmentation:
Each section contains quantitative market data including market by value (US$ Millions), volume (production, consumption) & (Units) and average price (USD/Unit) by manufacturer, by Type, and by Application. Data is given for the years 2019-2030 by year with 2023 as the base year, 2024 as the estimate year, and 2025-2030 as the forecast year.

Global Gas Turbine Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World

Global Gas Turbine Market, Segmentation by Type
Heavy Duty Gas Turbine
Aeroderivative Gas Turbine
Light Duty Gas Turbine

Global Gas Turbine Market, Segmentation by Application
Power Generation
Oil & Gas
Other

Companies Profiled:
General Electric
Siemens
Mitsubishi Hitachi Power Systems
Wood Group
Kawasaki Heavy Industries
Solar Turbines
Ansaldo Energia
MTU Aero Engines
Sulzer
MAN Diesel and Turbo
MJB International
Proenergy Services
MAN Energy
BHEL

Key Questions Answered
1. How big is the global Gas Turbine market?
2. What is the demand of the global Gas Turbine market?
3. What is the year over year growth of the global Gas Turbine market?
4. What is the production and production value of the global Gas Turbine market?
5. Who are the key producers in the global Gas Turbine market?
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Table of Contents

1 Supply Summary
1.1 Gas Turbine Introduction
1.2 World Gas Turbine Supply & Forecast
1.2.1 World Gas Turbine Production Value (2019 & 2023 & 2030)
1.2.2 World Gas Turbine Production (2019-2030)
1.2.3 World Gas Turbine Pricing Trends (2019-2030)
1.3 World Gas Turbine Production by Region (Based on Production Site)
1.3.1 World Gas Turbine Production Value by Region (2019-2030)
1.3.2 World Gas Turbine Production by Region (2019-2030)
1.3.3 World Gas Turbine Average Price by Region (2019-2030)
1.3.4 North America Gas Turbine Production (2019-2030)
1.3.5 Europe Gas Turbine Production (2019-2030)
1.3.6 Japan Gas Turbine Production (2019-2030)
1.3.7 India Gas Turbine Production (2019-2030)
1.4 Market Drivers, Restraints and Trends
1.4.1 Gas Turbine Market Drivers
1.4.2 Factors Affecting Demand
1.4.3 Gas Turbine Major Market Trends

2 Demand Summary
2.1 World Gas Turbine Demand (2019-2030)
2.2 World Gas Turbine Consumption by Region
2.2.1 World Gas Turbine Consumption by Region (2019-2024)
2.2.2 World Gas Turbine Consumption Forecast by Region (2025-2030)
2.3 United States Gas Turbine Consumption (2019-2030)
2.4 China Gas Turbine Consumption (2019-2030)
2.5 Europe Gas Turbine Consumption (2019-2030)
2.6 Japan Gas Turbine Consumption (2019-2030)
2.7 South Korea Gas Turbine Consumption (2019-2030)
2.8 ASEAN Gas Turbine Consumption (2019-2030)
2.9 India Gas Turbine Consumption (2019-2030)

3 World Gas Turbine Manufacturers Competitive Analysis
3.1 World Gas Turbine Production Value by Manufacturer (2019-2024)
3.2 World Gas Turbine Production by Manufacturer (2019-2024)
3.3 World Gas Turbine Average Price by Manufacturer (2019-2024)
3.4 Gas Turbine Company Evaluation Quadrant
3.5 Industry Rank and Concentration Rate (CR)
3.5.1 Global Gas Turbine Industry Rank of Major Manufacturers
3.5.2 Global Concentration Ratios (CR4) for Gas Turbine in 2023
3.5.3 Global Concentration Ratios (CR8) for Gas Turbine in 2023
3.6 Gas Turbine Market: Overall Company Footprint Analysis
3.6.1 Gas Turbine Market: Region Footprint
3.6.2 Gas Turbine Market: Company Product Type Footprint
3.6.3 Gas Turbine Market: Company Product Application Footprint
3.7 Competitive Environment
3.7.1 Historical Structure of the Industry
3.7.2 Barriers of Market Entry
3.7.3 Factors of Competition
3.8 New Entrant and Capacity Expansion Plans
3.9 Mergers, Acquisition, Agreements, and Collaborations

4 United States VS China VS Rest of the World
4.1 United States VS China: Gas Turbine Production Value Comparison
4.1.1 United States VS China: Gas Turbine Production Value Comparison (2019 & 2023 & 2030)
4.1.2 United States VS China: Gas Turbine Production Value Market Share Comparison (2019 & 2023 & 2030)
4.2 United States VS China: Gas Turbine Production Comparison
4.2.1 United States VS China: Gas Turbine Production Comparison (2019 & 2023 & 2030)
4.2.2 United States VS China: Gas Turbine Production Market Share Comparison (2019 & 2023 & 2030)
4.3 United States VS China: Gas Turbine Consumption Comparison
4.3.1 United States VS China: Gas Turbine Consumption Comparison (2019 & 2023 & 2030)
4.3.2 United States VS China: Gas Turbine Consumption Market Share Comparison (2019 & 2023 & 2030)
4.4 United States Based Gas Turbine Manufacturers and Market Share, 2019-2024
4.4.1 United States Based Gas Turbine Manufacturers, Headquarters and Production Site (States, Country)
4.4.2 United States Based Manufacturers Gas Turbine Production Value (2019-2024)
4.4.3 United States Based Manufacturers Gas Turbine Production (2019-2024)
4.5 China Based Gas Turbine Manufacturers and Market Share
4.5.1 China Based Gas Turbine Manufacturers, Headquarters and Production Site (Province, Country)
4.5.2 China Based Manufacturers Gas Turbine Production Value (2019-2024)
4.5.3 China Based Manufacturers Gas Turbine Production (2019-2024)
4.6 Rest of World Based Gas Turbine Manufacturers and Market Share, 2019-2024
4.6.1 Rest of World Based Gas Turbine Manufacturers, Headquarters and Production Site (State, Country)
4.6.2 Rest of World Based Manufacturers Gas Turbine Production Value (2019-2024)
4.6.3 Rest of World Based Manufacturers Gas Turbine Production (2019-2024)

5 Market Analysis by Type
5.1 World Gas Turbine Market Size Overview by Type: 2019 VS 2023 VS 2030
5.2 Segment Introduction by Type
5.2.1 Heavy Duty Gas Turbine
5.2.2 Aeroderivative Gas Turbine
5.2.3 Light Duty Gas Turbine
5.3 Market Segment by Type
5.3.1 World Gas Turbine Production by Type (2019-2030)
5.3.2 World Gas Turbine Production Value by Type (2019-2030)
5.3.3 World Gas Turbine Average Price by Type (2019-2030)

6 Market Analysis by Application
6.1 World Gas Turbine Market Size Overview by Application: 2019 VS 2023 VS 2030
6.2 Segment Introduction by Application
6.2.1 Power Generation
6.2.2 Oil & Gas
6.2.3 Other
6.3 Market Segment by Application
6.3.1 World Gas Turbine Production by Application (2019-2030)
6.3.2 World Gas Turbine Production Value by Application (2019-2030)
6.3.3 World Gas Turbine Average Price by Application (2019-2030)

7 Company Profiles
7.1 General Electric
7.1.1 General Electric Details
7.1.2 General Electric Major Business
7.1.3 General Electric Gas Turbine Product and Services
7.1.4 General Electric Gas Turbine Production, Price, Value, Gross Margin and Market Share (2019-2024)
7.1.5 General Electric Recent Developments/Updates
7.1.6 General Electric Competitive Strengths & Weaknesses
7.2 Siemens
7.2.1 Siemens Details
7.2.2 Siemens Major Business
7.2.3 Siemens Gas Turbine Product and Services
7.2.4 Siemens Gas Turbine Production, Price, Value, Gross Margin and Market Share (2019-2024)
7.2.5 Siemens Recent Developments/Updates
7.2.6 Siemens Competitive Strengths & Weaknesses
7.3 Mitsubishi Hitachi Power Systems
7.3.1 Mitsubishi Hitachi Power Systems Details
7.3.2 Mitsubishi Hitachi Power Systems Major Business
7.3.3 Mitsubishi Hitachi Power Systems Gas Turbine Product and Services
7.3.4 Mitsubishi Hitachi Power Systems Gas Turbine Production, Price, Value, Gross Margin and Market Share (2019-2024)
7.3.5 Mitsubishi Hitachi Power Systems Recent Developments/Updates
7.3.6 Mitsubishi Hitachi Power Systems Competitive Strengths & Weaknesses
7.4 Wood Group
7.4.1 Wood Group Details
7.4.2 Wood Group Major Business
7.4.3 Wood Group Gas Turbine Product and Services
7.4.4 Wood Group Gas Turbine Production, Price, Value, Gross Margin and Market Share (2019-2024)
7.4.5 Wood Group Recent Developments/Updates
7.4.6 Wood Group Competitive Strengths & Weaknesses
7.5 Kawasaki Heavy Industries
7.5.1 Kawasaki Heavy Industries Details
7.5.2 Kawasaki Heavy Industries Major Business
7.5.3 Kawasaki Heavy Industries Gas Turbine Product and Services
7.5.4 Kawasaki Heavy Industries Gas Turbine Production, Price, Value, Gross Margin and Market Share (2019-2024)
7.5.5 Kawasaki Heavy Industries Recent Developments/Updates
7.5.6 Kawasaki Heavy Industries Competitive Strengths & Weaknesses
7.6 Solar Turbines
7.6.1 Solar Turbines Details
7.6.2 Solar Turbines Major Business
7.6.3 Solar Turbines Gas Turbine Product and Services
7.6.4 Solar Turbines Gas Turbine Production, Price, Value, Gross Margin and Market Share (2019-2024)
7.6.5 Solar Turbines Recent Developments/Updates
7.6.6 Solar Turbines Competitive Strengths & Weaknesses
7.7 Ansaldo Energia
7.7.1 Ansaldo Energia Details
7.7.2 Ansaldo Energia Major Business
7.7.3 Ansaldo Energia Gas Turbine Product and Services
7.7.4 Ansaldo Energia Gas Turbine Production, Price, Value, Gross Margin and Market Share (2019-2024)
7.7.5 Ansaldo Energia Recent Developments/Updates
7.7.6 Ansaldo Energia Competitive Strengths & Weaknesses
7.8 MTU Aero Engines
7.8.1 MTU Aero Engines Details
7.8.2 MTU Aero Engines Major Business
7.8.3 MTU Aero Engines Gas Turbine Product and Services
7.8.4 MTU Aero Engines Gas Turbine Production, Price, Value, Gross Margin and Market Share (2019-2024)
7.8.5 MTU Aero Engines Recent Developments/Updates
7.8.6 MTU Aero Engines Competitive Strengths & Weaknesses
7.9 Sulzer
7.9.1 Sulzer Details
7.9.2 Sulzer Major Business
7.9.3 Sulzer Gas Turbine Product and Services
7.9.4 Sulzer Gas Turbine Production, Price, Value, Gross Margin and Market Share (2019-2024)
7.9.5 Sulzer Recent Developments/Updates
7.9.6 Sulzer Competitive Strengths & Weaknesses
7.10 MAN Diesel and Turbo
7.10.1 MAN Diesel and Turbo Details
7.10.2 MAN Diesel and Turbo Major Business
7.10.3 MAN Diesel and Turbo Gas Turbine Product and Services
7.10.4 MAN Diesel and Turbo Gas Turbine Production, Price, Value, Gross Margin and Market Share (2019-2024)
7.10.5 MAN Diesel and Turbo Recent Developments/Updates
7.10.6 MAN Diesel and Turbo Competitive Strengths & Weaknesses
7.11 MJB International
7.11.1 MJB International Details
7.11.2 MJB International Major Business
7.11.3 MJB International Gas Turbine Product and Services
7.11.4 MJB International Gas Turbine Production, Price, Value, Gross Margin and Market Share (2019-2024)
7.11.5 MJB International Recent Developments/Updates
7.11.6 MJB International Competitive Strengths & Weaknesses
7.12 Proenergy Services
7.12.1 Proenergy Services Details
7.12.2 Proenergy Services Major Business
7.12.3 Proenergy Services Gas Turbine Product and Services
7.12.4 Proenergy Services Gas Turbine Production, Price, Value, Gross Margin and Market Share (2019-2024)
7.12.5 Proenergy Services Recent Developments/Updates
7.12.6 Proenergy Services Competitive Strengths & Weaknesses
7.13 MAN Energy
7.13.1 MAN Energy Details
7.13.2 MAN Energy Major Business
7.13.3 MAN Energy Gas Turbine Product and Services
7.13.4 MAN Energy Gas Turbine Production, Price, Value, Gross Margin and Market Share (2019-2024)
7.13.5 MAN Energy Recent Developments/Updates
7.13.6 MAN Energy Competitive Strengths & Weaknesses
7.14 BHEL
7.14.1 BHEL Details
7.14.2 BHEL Major Business
7.14.3 BHEL Gas Turbine Product and Services
7.14.4 BHEL Gas Turbine Production, Price, Value, Gross Margin and Market Share (2019-2024)
7.14.5 BHEL Recent Developments/Updates
7.14.6 BHEL Competitive Strengths & Weaknesses

8 Industry Chain Analysis
8.1 Gas Turbine Industry Chain
8.2 Gas Turbine Upstream Analysis
8.2.1 Gas Turbine Core Raw Materials
8.2.2 Main Manufacturers of Gas Turbine Core Raw Materials
8.3 Midstream Analysis
8.4 Downstream Analysis
8.5 Gas Turbine Production Mode
8.6 Gas Turbine Procurement Model
8.7 Gas Turbine Industry Sales Model and Sales Channels
8.7.1 Gas Turbine Sales Model
8.7.2 Gas Turbine Typical Customers

9 Research Findings and Conclusion

10 Appendix
10.1 Methodology
10.2 Research Process and Data Source
10.3 Disclaimer
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Table of Figures

List of Tables
Table 1. World Gas Turbine Production Value by Region (2019, 2023 and 2030) & (USD Million)
Table 2. World Gas Turbine Production Value by Region (2019-2024) & (USD Million)
Table 3. World Gas Turbine Production Value by Region (2025-2030) & (USD Million)
Table 4. World Gas Turbine Production Value Market Share by Region (2019-2024)
Table 5. World Gas Turbine Production Value Market Share by Region (2025-2030)
Table 6. World Gas Turbine Production by Region (2019-2024) & (Units)
Table 7. World Gas Turbine Production by Region (2025-2030) & (Units)
Table 8. World Gas Turbine Production Market Share by Region (2019-2024)
Table 9. World Gas Turbine Production Market Share by Region (2025-2030)
Table 10. World Gas Turbine Average Price by Region (2019-2024) & (USD/Unit)
Table 11. World Gas Turbine Average Price by Region (2025-2030) & (USD/Unit)
Table 12. Gas Turbine Major Market Trends
Table 13. World Gas Turbine Consumption Growth Rate Forecast by Region (2019 & 2023 & 2030) & (Units)
Table 14. World Gas Turbine Consumption by Region (2019-2024) & (Units)
Table 15. World Gas Turbine Consumption Forecast by Region (2025-2030) & (Units)
Table 16. World Gas Turbine Production Value by Manufacturer (2019-2024) & (USD Million)
Table 17. Production Value Market Share of Key Gas Turbine Producers in 2023
Table 18. World Gas Turbine Production by Manufacturer (2019-2024) & (Units)
Table 19. Production Market Share of Key Gas Turbine Producers in 2023
Table 20. World Gas Turbine Average Price by Manufacturer (2019-2024) & (USD/Unit)
Table 21. Global Gas Turbine Company Evaluation Quadrant
Table 22. World Gas Turbine Industry Rank of Major Manufacturers, Based on Production Value in 2023
Table 23. Head Office and Gas Turbine Production Site of Key Manufacturer
Table 24. Gas Turbine Market: Company Product Type Footprint
Table 25. Gas Turbine Market: Company Product Application Footprint
Table 26. Gas Turbine Competitive Factors
Table 27. Gas Turbine New Entrant and Capacity Expansion Plans
Table 28. Gas Turbine Mergers & Acquisitions Activity
Table 29. United States VS China Gas Turbine Production Value Comparison, (2019 & 2023 & 2030) & (USD Million)
Table 30. United States VS China Gas Turbine Production Comparison, (2019 & 2023 & 2030) & (Units)
Table 31. United States VS China Gas Turbine Consumption Comparison, (2019 & 2023 & 2030) & (Units)
Table 32. United States Based Gas Turbine Manufacturers, Headquarters and Production Site (States, Country)
Table 33. United States Based Manufacturers Gas Turbine Production Value, (2019-2024) & (USD Million)
Table 34. United States Based Manufacturers Gas Turbine Production Value Market Share (2019-2024)
Table 35. United States Based Manufacturers Gas Turbine Production (2019-2024) & (Units)
Table 36. United States Based Manufacturers Gas Turbine Production Market Share (2019-2024)
Table 37. China Based Gas Turbine Manufacturers, Headquarters and Production Site (Province, Country)
Table 38. China Based Manufacturers Gas Turbine Production Value, (2019-2024) & (USD Million)
Table 39. China Based Manufacturers Gas Turbine Production Value Market Share (2019-2024)
Table 40. China Based Manufacturers Gas Turbine Production (2019-2024) & (Units)
Table 41. China Based Manufacturers Gas Turbine Production Market Share (2019-2024)
Table 42. Rest of World Based Gas Turbine Manufacturers, Headquarters and Production Site (States, Country)
Table 43. Rest of World Based Manufacturers Gas Turbine Production Value, (2019-2024) & (USD Million)
Table 44. Rest of World Based Manufacturers Gas Turbine Production Value Market Share (2019-2024)
Table 45. Rest of World Based Manufacturers Gas Turbine Production (2019-2024) & (Units)
Table 46. Rest of World Based Manufacturers Gas Turbine Production Market Share (2019-2024)
Table 47. World Gas Turbine Production Value by Type, (USD Million), 2019 & 2023 & 2030
Table 48. World Gas Turbine Production by Type (2019-2024) & (Units)
Table 49. World Gas Turbine Production by Type (2025-2030) & (Units)
Table 50. World Gas Turbine Production Value by Type (2019-2024) & (USD Million)
Table 51. World Gas Turbine Production Value by Type (2025-2030) & (USD Million)
Table 52. World Gas Turbine Average Price by Type (2019-2024) & (USD/Unit)
Table 53. World Gas Turbine Average Price by Type (2025-2030) & (USD/Unit)
Table 54. World Gas Turbine Production Value by Application, (USD Million), 2019 & 2023 & 2030
Table 55. World Gas Turbine Production by Application (2019-2024) & (Units)
Table 56. World Gas Turbine Production by Application (2025-2030) & (Units)
Table 57. World Gas Turbine Production Value by Application (2019-2024) & (USD Million)
Table 58. World Gas Turbine Production Value by Application (2025-2030) & (USD Million)
Table 59. World Gas Turbine Average Price by Application (2019-2024) & (USD/Unit)
Table 60. World Gas Turbine Average Price by Application (2025-2030) & (USD/Unit)
Table 61. General Electric Basic Information, Manufacturing Base and Competitors
Table 62. General Electric Major Business
Table 63. General Electric Gas Turbine Product and Services
Table 64. General Electric Gas Turbine Production (Units), Price (USD/Unit), Production Value (USD Million), Gross Margin and Market Share (2019-2024)
Table 65. General Electric Recent Developments/Updates
Table 66. General Electric Competitive Strengths & Weaknesses
Table 67. Siemens Basic Information, Manufacturing Base and Competitors
Table 68. Siemens Major Business
Table 69. Siemens Gas Turbine Product and Services
Table 70. Siemens Gas Turbine Production (Units), Price (USD/Unit), Production Value (USD Million), Gross Margin and Market Share (2019-2024)
Table 71. Siemens Recent Developments/Updates
Table 72. Siemens Competitive Strengths & Weaknesses
Table 73. Mitsubishi Hitachi Power Systems Basic Information, Manufacturing Base and Competitors
Table 74. Mitsubishi Hitachi Power Systems Major Business
Table 75. Mitsubishi Hitachi Power Systems Gas Turbine Product and Services
Table 76. Mitsubishi Hitachi Power Systems Gas Turbine Production (Units), Price (USD/Unit), Production Value (USD Million), Gross Margin and Market Share (2019-2024)
Table 77. Mitsubishi Hitachi Power Systems Recent Developments/Updates
Table 78. Mitsubishi Hitachi Power Systems Competitive Strengths & Weaknesses
Table 79. Wood Group Basic Information, Manufacturing Base and Competitors
Table 80. Wood Group Major Business
Table 81. Wood Group Gas Turbine Product and Services
Table 82. Wood Group Gas Turbine Production (Units), Price (USD/Unit), Production Value (USD Million), Gross Margin and Market Share (2019-2024)
Table 83. Wood Group Recent Developments/Updates
Table 84. Wood Group Competitive Strengths & Weaknesses
Table 85. Kawasaki Heavy Industries Basic Information, Manufacturing Base and Competitors
Table 86. Kawasaki Heavy Industries Major Business
Table 87. Kawasaki Heavy Industries Gas Turbine Product and Services
Table 88. Kawasaki Heavy Industries Gas Turbine Production (Units), Price (USD/Unit), Production Value (USD Million), Gross Margin and Market Share (2019-2024)
Table 89. Kawasaki Heavy Industries Recent Developments/Updates
Table 90. Kawasaki Heavy Industries Competitive Strengths & Weaknesses
Table 91. Solar Turbines Basic Information, Manufacturing Base and Competitors
Table 92. Solar Turbines Major Business
Table 93. Solar Turbines Gas Turbine Product and Services
Table 94. Solar Turbines Gas Turbine Production (Units), Price (USD/Unit), Production Value (USD Million), Gross Margin and Market Share (2019-2024)
Table 95. Solar Turbines Recent Developments/Updates
Table 96. Solar Turbines Competitive Strengths & Weaknesses
Table 97. Ansaldo Energia Basic Information, Manufacturing Base and Competitors
Table 98. Ansaldo Energia Major Business
Table 99. Ansaldo Energia Gas Turbine Product and Services
Table 100. Ansaldo Energia Gas Turbine Production (Units), Price (USD/Unit), Production Value (USD Million), Gross Margin and Market Share (2019-2024)
Table 101. Ansaldo Energia Recent Developments/Updates
Table 102. Ansaldo Energia Competitive Strengths & Weaknesses
Table 103. MTU Aero Engines Basic Information, Manufacturing Base and Competitors
Table 104. MTU Aero Engines Major Business
Table 105. MTU Aero Engines Gas Turbine Product and Services
Table 106. MTU Aero Engines Gas Turbine Production (Units), Price (USD/Unit), Production Value (USD Million), Gross Margin and Market Share (2019-2024)
Table 107. MTU Aero Engines Recent Developments/Updates
Table 108. MTU Aero Engines Competitive Strengths & Weaknesses
Table 109. Sulzer Basic Information, Manufacturing Base and Competitors
Table 110. Sulzer Major Business
Table 111. Sulzer Gas Turbine Product and Services
Table 112. Sulzer Gas Turbine Production (Units), Price (USD/Unit), Production Value (USD Million), Gross Margin and Market Share (2019-2024)
Table 113. Sulzer Recent Developments/Updates
Table 114. Sulzer Competitive Strengths & Weaknesses
Table 115. MAN Diesel and Turbo Basic Information, Manufacturing Base and Competitors
Table 116. MAN Diesel and Turbo Major Business
Table 117. MAN Diesel and Turbo Gas Turbine Product and Services
Table 118. MAN Diesel and Turbo Gas Turbine Production (Units), Price (USD/Unit), Production Value (USD Million), Gross Margin and Market Share (2019-2024)
Table 119. MAN Diesel and Turbo Recent Developments/Updates
Table 120. MAN Diesel and Turbo Competitive Strengths & Weaknesses
Table 121. MJB International Basic Information, Manufacturing Base and Competitors
Table 122. MJB International Major Business
Table 123. MJB International Gas Turbine Product and Services
Table 124. MJB International Gas Turbine Production (Units), Price (USD/Unit), Production Value (USD Million), Gross Margin and Market Share (2019-2024)
Table 125. MJB International Recent Developments/Updates
Table 126. MJB International Competitive Strengths & Weaknesses
Table 127. Proenergy Services Basic Information, Manufacturing Base and Competitors
Table 128. Proenergy Services Major Business
Table 129. Proenergy Services Gas Turbine Product and Services
Table 130. Proenergy Services Gas Turbine Production (Units), Price (USD/Unit), Production Value (USD Million), Gross Margin and Market Share (2019-2024)
Table 131. Proenergy Services Recent Developments/Updates
Table 132. Proenergy Services Competitive Strengths & Weaknesses
Table 133. MAN Energy Basic Information, Manufacturing Base and Competitors
Table 134. MAN Energy Major Business
Table 135. MAN Energy Gas Turbine Product and Services
Table 136. MAN Energy Gas Turbine Production (Units), Price (USD/Unit), Production Value (USD Million), Gross Margin and Market Share (2019-2024)
Table 137. MAN Energy Recent Developments/Updates
Table 138. BHEL Basic Information, Manufacturing Base and Competitors
Table 139. BHEL Major Business
Table 140. BHEL Gas Turbine Product and Services
Table 141. BHEL Gas Turbine Production (Units), Price (USD/Unit), Production Value (USD Million), Gross Margin and Market Share (2019-2024)
Table 142. Global Key Players of Gas Turbine Upstream (Raw Materials)
Table 143. Gas Turbine Typical Customers
Table 144. Gas Turbine Typical Distributors
List of Figure
Figure 1. Gas Turbine Picture
Figure 2. World Gas Turbine Production Value: 2019 & 2023 & 2030, (USD Million)
Figure 3. World Gas Turbine Production Value and Forecast (2019-2030) & (USD Million)
Figure 4. World Gas Turbine Production (2019-2030) & (Units)
Figure 5. World Gas Turbine Average Price (2019-2030) & (USD/Unit)
Figure 6. World Gas Turbine Production Value Market Share by Region (2019-2030)
Figure 7. World Gas Turbine Production Market Share by Region (2019-2030)
Figure 8. North America Gas Turbine Production (2019-2030) & (Units)
Figure 9. Europe Gas Turbine Production (2019-2030) & (Units)
Figure 10. Japan Gas Turbine Production (2019-2030) & (Units)
Figure 11. India Gas Turbine Production (2019-2030) & (Units)
Figure 12. Gas Turbine Market Drivers
Figure 13. Factors Affecting Demand
Figure 14. World Gas Turbine Consumption (2019-2030) & (Units)
Figure 15. World Gas Turbine Consumption Market Share by Region (2019-2030)
Figure 16. United States Gas Turbine Consumption (2019-2030) & (Units)
Figure 17. China Gas Turbine Consumption (2019-2030) & (Units)
Figure 18. Europe Gas Turbine Consumption (2019-2030) & (Units)
Figure 19. Japan Gas Turbine Consumption (2019-2030) & (Units)
Figure 20. South Korea Gas Turbine Consumption (2019-2030) & (Units)
Figure 21. ASEAN Gas Turbine Consumption (2019-2030) & (Units)
Figure 22. India Gas Turbine Consumption (2019-2030) & (Units)
Figure 23. Producer Shipments of Gas Turbine by Manufacturer Revenue ($MM) and Market Share (%): 2023
Figure 24. Global Four-firm Concentration Ratios (CR4) for Gas Turbine Markets in 2023
Figure 25. Global Four-firm Concentration Ratios (CR8) for Gas Turbine Markets in 2023
Figure 26. United States VS China: Gas Turbine Production Value Market Share Comparison (2019 & 2023 & 2030)
Figure 27. United States VS China: Gas Turbine Production Market Share Comparison (2019 & 2023 & 2030)
Figure 28. United States VS China: Gas Turbine Consumption Market Share Comparison (2019 & 2023 & 2030)
Figure 29. United States Based Manufacturers Gas Turbine Production Market Share 2023
Figure 30. China Based Manufacturers Gas Turbine Production Market Share 2023
Figure 31. Rest of World Based Manufacturers Gas Turbine Production Market Share 2023
Figure 32. World Gas Turbine Production Value by Type, (USD Million), 2019 & 2023 & 2030
Figure 33. World Gas Turbine Production Value Market Share by Type in 2023
Figure 34. Heavy Duty Gas Turbine
Figure 35. Aeroderivative Gas Turbine
Figure 36. Light Duty Gas Turbine
Figure 37. World Gas Turbine Production Market Share by Type (2019-2030)
Figure 38. World Gas Turbine Production Value Market Share by Type (2019-2030)
Figure 39. World Gas Turbine Average Price by Type (2019-2030) & (USD/Unit)
Figure 40. World Gas Turbine Production Value by Application, (USD Million), 2019 & 2023 & 2030
Figure 41. World Gas Turbine Production Value Market Share by Application in 2023
Figure 42. Power Generation
Figure 43. Oil & Gas
Figure 44. Other
Figure 45. World Gas Turbine Production Market Share by Application (2019-2030)
Figure 46. World Gas Turbine Production Value Market Share by Application (2019-2030)
Figure 47. World Gas Turbine Average Price by Application (2019-2030) & (USD/Unit)
Figure 48. Gas Turbine Industry Chain
Figure 49. Gas Turbine Procurement Model
Figure 50. Gas Turbine Sales Model
Figure 51. Gas Turbine Sales Channels, Direct Sales, and Distribution
Figure 52. Methodology
Figure 53. Research Process and Data Source
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Research Methodology

Client Requirements

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Review and analyze client requirements

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Discussion of all the project requirements and queries

Flexibility Check

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Project Feasibility Analysis

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Finalizing tentative research programme

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Structuring project proposal with scope, timeline, and costs

Analyzing Market Dynamics

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Determination of key drivers, restraints, challenge, and opportunity

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Identifies market needs and trends

Market Size Estimation & Forecast

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Estimation of historical data based on secondary and primary data

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Anticipating market recast by assigning weightage to market forces (drivers, restraints, opportunities)

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Freezing historical and forecast market size estimations based on evolution, trends, outlook, and strategies

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Consideration of geography, region-specific product/service demand for region segments

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Consideration of product utilization rates, product demand outlook for segments by application or end-user.

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Data Source

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Secondary Source
Data collections from annual reports, presentations,associations, journals, analyst reports, paid database, press releases, blogs, newsletters,and GIR repositories.

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Discussion of all the project requirements and queries

Validation and triangulation of secondary and primary source.

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Collection of data

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Cumulating and collating the essential qualitative and quantitative data

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Generation of report in client requested format by research analysts

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Reviews by expert analysts

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Final quality check

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Clarifying queries

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Receiving feedback

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Ensuring satisfaction

  • yuan01
    liuCheng01

    01 Identification of data

    This step involves identification of several primary and secondary data research sources, including Global Info Research's internal data sources. The primary sources consist of in-depth discussions and interviews with policy makers, industry experts, and data evaluators, whereas secondary sources include a thorough study of market journals, press releases, annual reports, and government and non-government agencies websites.

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    liuCheng01

    02 Evaluation of Market Dynamic

    This phase includes a detailed evaluation of several factors that are likely to affect the market dynamics. It involves a comprehensive assessment of major market pain points, drivers, and trends. It also comprises a detailed study of research plans and methodology.

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    liuCheng01

    03 Collection of Data

    This process consists of gathering data, accessing proprietary databases, and reaching out to key industry participants that operate in the market across the value chain. It also involves studying several patterns in the historical data and comparing it with the current scenario.

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    liuCheng01

    04 Collaboration of Data

    This stage involves the validation of data and arrival at actual statistics, and evolution of the market over the years. It entails the study and analyzes various segments and verticals of the market. An impact analysis is also performed to observe which factors will affect the market in the next few years.

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    liuCheng01

    05 Verification and Analysis

    This is the final stage, which involves both quantity and quality checks. Although the process of data verification is an integral part of the research process, all data points and statistics and figures are re-checked to uphold their authenticity and validity.

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Companies Mentioned

General Electric
Siemens
Mitsubishi Hitachi Power Systems
Wood Group
Kawasaki Heavy Industries
Solar Turbines
Ansaldo Energia
MTU Aero Engines
Sulzer
MAN Diesel and Turbo
MJB International
Proenergy Services
MAN Energy
BHEL
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