Global Gas Turbine Market Research Report, Competitive, Technology and Forecast Analysis 2025-2032
Description
Market Overview
According to DIResearch＇s in-depth investigation and research, the global Gas Turbine market size will reach 28,380 Million USD in 2025 and is projected to reach 54,814 Million USD by 2032, with a CAGR of 9.86% (2025-2032). Notably, the China Gas Turbine market has changed rapidly in the past few years. By 2025, China＇s market size is expected to be Million USD, representing approximately % of the global market share.
Research Summary
A gas turbine, also known as a combustion turbine, is an internal combustion engine that converts energy from fuel into mechanical energy through the combustion process. It operates on the principle of drawing in air, compressing it, mixing it with fuel, and igniting the mixture to produce a high-velocity stream of hot gases. These hot gases then pass through a series of turbine blades, causing the turbine to spin. The rotating turbine is connected to a shaft that drives an electrical generator, providing a means of producing electricity. Gas turbines are widely used in power plants for electricity generation, aircraft propulsion systems, and industrial applications due to their high power-to-weight ratio, efficiency, and ability to operate in a wide range of conditions. They play a significant role in various sectors where reliable and efficient power generation or propulsion is essential.
The major global manufacturers of Gas Turbine include General Electric, Siemens, Mitsubishi Hitachi Power Systems, Wood Group, Kawasaki Heavy Industries, Solar Turbines, Ansaldo Energia, MTU Aero Engines, Sulzer, MAN Diesel and Turbo, Proenergy Services, MJB International, MAN Energy, BHEL, etc. The global players competition landscape in this report is divided into three tiers. The first tier comprises global leading enterprises that command a substantial market share, hold a dominant industry position, possess strong competitiveness and influence, and generate significant revenue. The second tier includes companies with a notable market presence and reputation; these firms actively follow industry leaders in product, service, or technological innovation and maintain a moderate revenue scale. The third tier consists of smaller companies with limited market share and lower brand recognition, primarily focused on local markets and generating comparatively lower revenue.
This report studies the market size, price trends and future development prospects of Gas Turbine. Focus on analysing the market share, product portfolio, prices, sales, revenue and gross profit margin of global major manufacturers, as well as the market status and trends of different product types and applications in the global Gas Turbine market. The report data covers historical data from 2020 to 2024, based year in 2025 and forecast data from 2026 to 2032.
The regions and countries in the report include US, Germany, Japan, China, France, UK, South Korea, Canada, Italy, Russia, Mexico, Brazil, India, Vietnam, Thailand, South Africa and other regions, covering the Gas Turbine market conditions and future development trends of key regions and countries, combined with industry-related policies and the latest technological developments, analyze the development characteristics of Gas Turbine industries in various regions and countries, help companies understand the development characteristics of each region, help companies formulate business strategies, and achieve the ultimate goal of the company's global development strategy.
The data sources of this report mainly include the National Bureau of Statistics, customs databases, industry associations, corporate financial reports, third-party databases, etc. Among them, macroeconomic data mainly comes from the National Bureau of Statistics, International Economic Research Organization; industry statistical data mainly come from industry associations; company data mainly comes from interviews, public information collection, third-party reliable databases, and price data mainly comes from various markets monitoring database.
Global Key Manufacturers of Gas Turbine Include:
General Electric
Siemens
Mitsubishi Hitachi Power Systems
Wood Group
Kawasaki Heavy Industries
Solar Turbines
Ansaldo Energia
MTU Aero Engines
Sulzer
MAN Diesel and Turbo
Proenergy Services
MJB International
MAN Energy
BHEL
Gas Turbine Product Segment Include:
Heavy Duty Gas Turbine
Aeroderivative Gas Turbine
Light Duty Gas Turbine
Gas Turbine Product Application Include:
Power Generation
Oil & Gas
Other
Chapter Scope
Chapter 1: Product Research Range, Product Types and Applications, Market Overview, Market Situation and Trend
Chapter 2: Global Gas Turbine Industry PESTEL Analysis
Chapter 3: Global Gas Turbine Industry Porter's Five Forces Analysis
Chapter 4: Global Gas Turbine Major Regional Market Size (Sales, Revenue, Price) and Forecast Analysis
Chapter 5: Global Gas Turbine Competitive Analysis of Key Manufacturers (Sales, Revenue, Market Share, Price, Regional Distribution and Industry Concentration)
Chapter 6: Global Gas Turbine Sales, Revenue, Price and Forecast by Product Type
Chapter 7: Key Company Profiles (Product Portfolio, Sales, Revenue, Price and Gross Margin)
Chapter 8: Industrial Chain Analysis, Gas Turbine Different Application Market Analysis (Sales and Revenue), Sales Channel Analysis
Chapter 9: Research Findings and Conclusion
Chapter 10: Methodology and Data Sources
According to DIResearch＇s in-depth investigation and research, the global Gas Turbine market size will reach 28,380 Million USD in 2025 and is projected to reach 54,814 Million USD by 2032, with a CAGR of 9.86% (2025-2032). Notably, the China Gas Turbine market has changed rapidly in the past few years. By 2025, China＇s market size is expected to be Million USD, representing approximately % of the global market share.
Research Summary
A gas turbine, also known as a combustion turbine, is an internal combustion engine that converts energy from fuel into mechanical energy through the combustion process. It operates on the principle of drawing in air, compressing it, mixing it with fuel, and igniting the mixture to produce a high-velocity stream of hot gases. These hot gases then pass through a series of turbine blades, causing the turbine to spin. The rotating turbine is connected to a shaft that drives an electrical generator, providing a means of producing electricity. Gas turbines are widely used in power plants for electricity generation, aircraft propulsion systems, and industrial applications due to their high power-to-weight ratio, efficiency, and ability to operate in a wide range of conditions. They play a significant role in various sectors where reliable and efficient power generation or propulsion is essential.
The major global manufacturers of Gas Turbine include General Electric, Siemens, Mitsubishi Hitachi Power Systems, Wood Group, Kawasaki Heavy Industries, Solar Turbines, Ansaldo Energia, MTU Aero Engines, Sulzer, MAN Diesel and Turbo, Proenergy Services, MJB International, MAN Energy, BHEL, etc. The global players competition landscape in this report is divided into three tiers. The first tier comprises global leading enterprises that command a substantial market share, hold a dominant industry position, possess strong competitiveness and influence, and generate significant revenue. The second tier includes companies with a notable market presence and reputation; these firms actively follow industry leaders in product, service, or technological innovation and maintain a moderate revenue scale. The third tier consists of smaller companies with limited market share and lower brand recognition, primarily focused on local markets and generating comparatively lower revenue.
This report studies the market size, price trends and future development prospects of Gas Turbine. Focus on analysing the market share, product portfolio, prices, sales, revenue and gross profit margin of global major manufacturers, as well as the market status and trends of different product types and applications in the global Gas Turbine market. The report data covers historical data from 2020 to 2024, based year in 2025 and forecast data from 2026 to 2032.
The regions and countries in the report include US, Germany, Japan, China, France, UK, South Korea, Canada, Italy, Russia, Mexico, Brazil, India, Vietnam, Thailand, South Africa and other regions, covering the Gas Turbine market conditions and future development trends of key regions and countries, combined with industry-related policies and the latest technological developments, analyze the development characteristics of Gas Turbine industries in various regions and countries, help companies understand the development characteristics of each region, help companies formulate business strategies, and achieve the ultimate goal of the company's global development strategy.
The data sources of this report mainly include the National Bureau of Statistics, customs databases, industry associations, corporate financial reports, third-party databases, etc. Among them, macroeconomic data mainly comes from the National Bureau of Statistics, International Economic Research Organization; industry statistical data mainly come from industry associations; company data mainly comes from interviews, public information collection, third-party reliable databases, and price data mainly comes from various markets monitoring database.
Global Key Manufacturers of Gas Turbine Include:
General Electric
Siemens
Mitsubishi Hitachi Power Systems
Wood Group
Kawasaki Heavy Industries
Solar Turbines
Ansaldo Energia
MTU Aero Engines
Sulzer
MAN Diesel and Turbo
Proenergy Services
MJB International
MAN Energy
BHEL
Gas Turbine Product Segment Include:
Heavy Duty Gas Turbine
Aeroderivative Gas Turbine
Light Duty Gas Turbine
Gas Turbine Product Application Include:
Power Generation
Oil & Gas
Other
Chapter Scope
Chapter 1: Product Research Range, Product Types and Applications, Market Overview, Market Situation and Trend
Chapter 2: Global Gas Turbine Industry PESTEL Analysis
Chapter 3: Global Gas Turbine Industry Porter's Five Forces Analysis
Chapter 4: Global Gas Turbine Major Regional Market Size (Sales, Revenue, Price) and Forecast Analysis
Chapter 5: Global Gas Turbine Competitive Analysis of Key Manufacturers (Sales, Revenue, Market Share, Price, Regional Distribution and Industry Concentration)
Chapter 6: Global Gas Turbine Sales, Revenue, Price and Forecast by Product Type
Chapter 7: Key Company Profiles (Product Portfolio, Sales, Revenue, Price and Gross Margin)
Chapter 8: Industrial Chain Analysis, Gas Turbine Different Application Market Analysis (Sales and Revenue), Sales Channel Analysis
Chapter 9: Research Findings and Conclusion
Chapter 10: Methodology and Data Sources
Table of Contents
165 Pages
- 1 Gas Turbine Market Overview
- 1.1 Product Definition and Statistical Scope
- 1.2 Gas Turbine Product by Type
- 1.2.1 Heavy Duty Gas Turbine
- 1.2.2 Aeroderivative Gas Turbine
- 1.2.3 Light Duty Gas Turbine
- 1.3 Gas Turbine Product by Application
- 1.3.1 Power Generation
- 1.3.2 Oil & Gas
- 1.3.3 Other
- 1.4 Global Gas Turbine Market Revenue and Sales Analysis
- 1.4.1 Global Gas Turbine Revenue Market Size Analysis (2020-2032)
- 1.4.2 Global Gas Turbine Sales Market Size Analysis (2020-2032)
- 1.4.3 Global Gas Turbine Market Sales Price Trend Analysis (2020-2032)
- 1.5 Gas Turbine Market Development Status and Trends
- 1.5.1 Gas Turbine Industry Development Status Analysis
- 1.5.2 Gas Turbine Industry Development Trends Analysis
- 2 Gas Turbine Market PESTEL Analysis
- 2.1 Political Factors Analysis
- 2.2 Economic Factors Analysis
- 2.3 Social Factors Analysis
- 2.4 Technological Factors Analysis
- 2.5 Environmental Factors Analysis
- 2.6 Legal Factors Analysis
- 3 Gas Turbine Market Porter's Five Forces Analysis
- 3.1 Competitive Rivalry
- 3.2 Threat of New Entrants
- 3.3 Bargaining Power of Suppliers
- 3.4 Bargaining Power of Buyers
- 3.5 Threat of Substitutes
- 4 Global Gas Turbine Market Analysis by Country
- 4.1 Global Gas Turbine Market Size Analysis by Country: 2024 VS 2025 VS 2032
- 4.1.1 Global Gas Turbine Revenue and Market Share by Country (2020-2025)
- 4.1.2 Global Gas Turbine Revenue and Market Share Forecast by Country (2026-2032)
- 4.2 Global Gas Turbine Sales Analysis by Country: 2024 VS 2025 VS 2032
- 4.2.1 Global Gas Turbine Sales and Market Share by Country (2020-2025)
- 4.2.2 Global Gas Turbine Sales and Market Share Forecast by Country (2026-2032)
- 4.3 United States Gas Turbine Market Sales, Revenue and Growth Rate (2020-2032)
- 4.4 Germany Gas Turbine Market Sales, Revenue and Growth Rate (2020-2032)
- 4.5 Japan Gas Turbine Market Sales, Revenue and Growth Rate (2020-2032)
- 4.6 China Gas Turbine Market Sales, Revenue and Growth Rate (2020-2032)
- 4.7 France Gas Turbine Market Sales, Revenue and Growth Rate (2020-2032)
- 4.8 U.K. Gas Turbine Market Sales, Revenue and Growth Rate (2020-2032)
- 4.9 South Korea Gas Turbine Market Sales, Revenue and Growth Rate (2020-2032)
- 4.10 Canada Gas Turbine Market Sales, Revenue and Growth Rate (2020-2032)
- 4.11 Italy Gas Turbine Market Sales, Revenue and Growth Rate (2020-2032)
- 4.12 Russia Gas Turbine Market Sales, Revenue and Growth Rate (2020-2032)
- 4.13 Mexico Gas Turbine Market Sales, Revenue and Growth Rate (2020-2032)
- 4.14 Brazil Gas Turbine Market Sales, Revenue and Growth Rate (2020-2032)
- 4.15 India Gas Turbine Market Sales, Revenue and Growth Rate (2020-2032)
- 4.16 Vietnam Gas Turbine Market Sales, Revenue and Growth Rate (2020-2032)
- 4.17 Thailand Gas Turbine Market Sales, Revenue and Growth Rate (2020-2032)
- 4.18 South Africa Gas Turbine Market Sales, Revenue and Growth Rate (2020-2032)
- 5 Competition by Manufacturers
- 5.1 Global Gas Turbine Market Sales, Revenue and Sales Price by Key Manufacturers (2021-2025)
- 5.1.1 Global Gas Turbine Market Sales by Key Manufacturers (2021-2025)
- 5.1.2 Global Gas Turbine Market Revenue by Key Manufacturers (2021-2025)
- 5.1.3 Global Gas Turbine Average Sales Price by Manufacturers (2021-2025)
- 5.2 Gas Turbine Competitive Landscape Analysis and Market Dynamic
- 5.2.1 Gas Turbine Competitive Landscape Analysis
- 5.2.2 Global Key Manufacturers Headquarter and Key Area Sales
- 5.2.3 Market Dynamic
- 6 Gas Turbine Market Analysis by Type
- 6.1 Global Gas Turbine Market Revenue Analysis by Type
- 6.1.1 Global Gas Turbine Market Size Analysis by Type: 2024 & 2025 & 2032
- 6.1.2 Global Gas Turbine Revenue and Forecast Analysis by Type (2020-2032)
- 6.2 Global Gas Turbine Sales and Forecast Analysis by Type (2020-2032)
- 6.3 Global Gas Turbine Sales Price Trend Analysis by Type (2020-2032)
- 7 Key Companies Analysis
- 7.1 General Electric
- 7.1.1 General Electric Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.1.2 General Electric Gas Turbine Product Portfolio
- 7.1.3 General Electric Gas Turbine Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 7.2 Siemens
- 7.2.1 Siemens Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.2.2 Siemens Gas Turbine Product Portfolio
- 7.2.3 Siemens Gas Turbine Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 7.3 Mitsubishi Hitachi Power Systems
- 7.3.1 Mitsubishi Hitachi Power Systems Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.3.2 Mitsubishi Hitachi Power Systems Gas Turbine Product Portfolio
- 7.3.3 Mitsubishi Hitachi Power Systems Gas Turbine Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 7.4 Wood Group
- 7.4.1 Wood Group Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.4.2 Wood Group Gas Turbine Product Portfolio
- 7.4.3 Wood Group Gas Turbine Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 7.5 Kawasaki Heavy Industries
- 7.5.1 Kawasaki Heavy Industries Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.5.2 Kawasaki Heavy Industries Gas Turbine Product Portfolio
- 7.5.3 Kawasaki Heavy Industries Gas Turbine Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 7.6 Solar Turbines
- 7.6.1 Solar Turbines Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.6.2 Solar Turbines Gas Turbine Product Portfolio
- 7.6.3 Solar Turbines Gas Turbine Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 7.7 Ansaldo Energia
- 7.7.1 Ansaldo Energia Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.7.2 Ansaldo Energia Gas Turbine Product Portfolio
- 7.7.3 Ansaldo Energia Gas Turbine Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 7.8 MTU Aero Engines
- 7.8.1 MTU Aero Engines Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.8.2 MTU Aero Engines Gas Turbine Product Portfolio
- 7.8.3 MTU Aero Engines Gas Turbine Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 7.9 Sulzer
- 7.9.1 Sulzer Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.9.2 Sulzer Gas Turbine Product Portfolio
- 7.9.3 Sulzer Gas Turbine Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 7.10 MAN Diesel and Turbo
- 7.10.1 MAN Diesel and Turbo Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.10.2 MAN Diesel and Turbo Gas Turbine Product Portfolio
- 7.10.3 MAN Diesel and Turbo Gas Turbine Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 7.11 Proenergy Services
- 7.11.1 Proenergy Services Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.11.2 Proenergy Services Gas Turbine Product Portfolio
- 7.11.3 Proenergy Services Gas Turbine Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 7.12 MJB International
- 7.12.1 MJB International Basic Company Profil
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