Global Industrial Gas Turbines Market Research Report, Competitive, Technology and Forecast Analysis 2025-2032
Description
Market Overview
According to DIResearch＇s in-depth investigation and research, the global Industrial Gas Turbines market size will reach 14,847 Million USD in 2025 and is projected to reach 17,721 Million USD by 2032, with a CAGR of 2.56% (2025-2032). Notably, the China Industrial Gas Turbines 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
Industrial gas turbines are powerful and versatile engines that convert energy from fuel into mechanical energy through the combustion process. These turbines operate on the principle of compressing air, mixing it with fuel, and igniting the mixture to produce high-speed and high-pressure exhaust gases that drive a turbine. The turbine, in turn, powers a generator, compressor, or other mechanical devices. Industrial gas turbines are commonly used in a variety of applications, including power generation, aviation, and mechanical drives in industrial processes. They are known for their efficiency, reliability, and ability to operate in diverse conditions. The flexibility and scalability of industrial gas turbines make them suitable for a range of industrial settings where a reliable and efficient source of mechanical power is required.
The major global manufacturers of Industrial Gas Turbines include GE, Siemens, MHPS, Ansaldo, Kawasaki, Solar Turbines, 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 Industrial Gas Turbines. 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 Industrial Gas Turbines 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 Industrial Gas Turbines 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 Industrial Gas Turbines 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 Industrial Gas Turbines Include:
GE
Siemens
MHPS
Ansaldo
Kawasaki
Solar Turbines
MAN Energy
BHEL
Industrial Gas Turbines Product Segment Include:
Less Than 20 MW
More Than 20 MW
Industrial Gas Turbines Product Application Include:
Power Generation
Oil and Gas
Other
Chapter Scope
Chapter 1: Product Research Range, Product Types and Applications, Market Overview, Market Situation and Trend
Chapter 2: Global Industrial Gas Turbines Industry PESTEL Analysis
Chapter 3: Global Industrial Gas Turbines Industry Porter's Five Forces Analysis
Chapter 4: Global Industrial Gas Turbines Major Regional Market Size (Sales, Revenue, Price) and Forecast Analysis
Chapter 5: Global Industrial Gas Turbines Competitive Analysis of Key Manufacturers (Sales, Revenue, Market Share, Price, Regional Distribution and Industry Concentration)
Chapter 6: Global Industrial Gas Turbines 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, Industrial Gas Turbines 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 Industrial Gas Turbines market size will reach 14,847 Million USD in 2025 and is projected to reach 17,721 Million USD by 2032, with a CAGR of 2.56% (2025-2032). Notably, the China Industrial Gas Turbines 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
Industrial gas turbines are powerful and versatile engines that convert energy from fuel into mechanical energy through the combustion process. These turbines operate on the principle of compressing air, mixing it with fuel, and igniting the mixture to produce high-speed and high-pressure exhaust gases that drive a turbine. The turbine, in turn, powers a generator, compressor, or other mechanical devices. Industrial gas turbines are commonly used in a variety of applications, including power generation, aviation, and mechanical drives in industrial processes. They are known for their efficiency, reliability, and ability to operate in diverse conditions. The flexibility and scalability of industrial gas turbines make them suitable for a range of industrial settings where a reliable and efficient source of mechanical power is required.
The major global manufacturers of Industrial Gas Turbines include GE, Siemens, MHPS, Ansaldo, Kawasaki, Solar Turbines, 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 Industrial Gas Turbines. 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 Industrial Gas Turbines 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 Industrial Gas Turbines 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 Industrial Gas Turbines 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 Industrial Gas Turbines Include:
GE
Siemens
MHPS
Ansaldo
Kawasaki
Solar Turbines
MAN Energy
BHEL
Industrial Gas Turbines Product Segment Include:
Less Than 20 MW
More Than 20 MW
Industrial Gas Turbines Product Application Include:
Power Generation
Oil and Gas
Other
Chapter Scope
Chapter 1: Product Research Range, Product Types and Applications, Market Overview, Market Situation and Trend
Chapter 2: Global Industrial Gas Turbines Industry PESTEL Analysis
Chapter 3: Global Industrial Gas Turbines Industry Porter's Five Forces Analysis
Chapter 4: Global Industrial Gas Turbines Major Regional Market Size (Sales, Revenue, Price) and Forecast Analysis
Chapter 5: Global Industrial Gas Turbines Competitive Analysis of Key Manufacturers (Sales, Revenue, Market Share, Price, Regional Distribution and Industry Concentration)
Chapter 6: Global Industrial Gas Turbines 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, Industrial Gas Turbines 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 Industrial Gas Turbines Market Overview
- 1.1 Product Definition and Statistical Scope
- 1.2 Industrial Gas Turbines Product by Type
- 1.2.1 Less Than 20 MW
- 1.2.2 More Than 20 MW
- 1.3 Industrial Gas Turbines Product by Application
- 1.3.1 Power Generation
- 1.3.2 Oil and Gas
- 1.3.3 Other
- 1.4 Global Industrial Gas Turbines Market Revenue and Sales Analysis
- 1.4.1 Global Industrial Gas Turbines Revenue Market Size Analysis (2020-2032)
- 1.4.2 Global Industrial Gas Turbines Sales Market Size Analysis (2020-2032)
- 1.4.3 Global Industrial Gas Turbines Market Sales Price Trend Analysis (2020-2032)
- 1.5 Industrial Gas Turbines Market Development Status and Trends
- 1.5.1 Industrial Gas Turbines Industry Development Status Analysis
- 1.5.2 Industrial Gas Turbines Industry Development Trends Analysis
- 2 Industrial Gas Turbines 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 Industrial Gas Turbines 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 Industrial Gas Turbines Market Analysis by Country
- 4.1 Global Industrial Gas Turbines Market Size Analysis by Country: 2024 VS 2025 VS 2032
- 4.1.1 Global Industrial Gas Turbines Revenue and Market Share by Country (2020-2025)
- 4.1.2 Global Industrial Gas Turbines Revenue and Market Share Forecast by Country (2026-2032)
- 4.2 Global Industrial Gas Turbines Sales Analysis by Country: 2024 VS 2025 VS 2032
- 4.2.1 Global Industrial Gas Turbines Sales and Market Share by Country (2020-2025)
- 4.2.2 Global Industrial Gas Turbines Sales and Market Share Forecast by Country (2026-2032)
- 4.3 United States Industrial Gas Turbines Market Sales, Revenue and Growth Rate (2020-2032)
- 4.4 Germany Industrial Gas Turbines Market Sales, Revenue and Growth Rate (2020-2032)
- 4.5 Japan Industrial Gas Turbines Market Sales, Revenue and Growth Rate (2020-2032)
- 4.6 China Industrial Gas Turbines Market Sales, Revenue and Growth Rate (2020-2032)
- 4.7 France Industrial Gas Turbines Market Sales, Revenue and Growth Rate (2020-2032)
- 4.8 U.K. Industrial Gas Turbines Market Sales, Revenue and Growth Rate (2020-2032)
- 4.9 South Korea Industrial Gas Turbines Market Sales, Revenue and Growth Rate (2020-2032)
- 4.10 Canada Industrial Gas Turbines Market Sales, Revenue and Growth Rate (2020-2032)
- 4.11 Italy Industrial Gas Turbines Market Sales, Revenue and Growth Rate (2020-2032)
- 4.12 Russia Industrial Gas Turbines Market Sales, Revenue and Growth Rate (2020-2032)
- 4.13 Mexico Industrial Gas Turbines Market Sales, Revenue and Growth Rate (2020-2032)
- 4.14 Brazil Industrial Gas Turbines Market Sales, Revenue and Growth Rate (2020-2032)
- 4.15 India Industrial Gas Turbines Market Sales, Revenue and Growth Rate (2020-2032)
- 4.16 Vietnam Industrial Gas Turbines Market Sales, Revenue and Growth Rate (2020-2032)
- 4.17 Thailand Industrial Gas Turbines Market Sales, Revenue and Growth Rate (2020-2032)
- 4.18 South Africa Industrial Gas Turbines Market Sales, Revenue and Growth Rate (2020-2032)
- 5 Competition by Manufacturers
- 5.1 Global Industrial Gas Turbines Market Sales, Revenue and Sales Price by Key Manufacturers (2021-2025)
- 5.1.1 Global Industrial Gas Turbines Market Sales by Key Manufacturers (2021-2025)
- 5.1.2 Global Industrial Gas Turbines Market Revenue by Key Manufacturers (2021-2025)
- 5.1.3 Global Industrial Gas Turbines Average Sales Price by Manufacturers (2021-2025)
- 5.2 Industrial Gas Turbines Competitive Landscape Analysis and Market Dynamic
- 5.2.1 Industrial Gas Turbines Competitive Landscape Analysis
- 5.2.2 Global Key Manufacturers Headquarter and Key Area Sales
- 5.2.3 Market Dynamic
- 6 Industrial Gas Turbines Market Analysis by Type
- 6.1 Global Industrial Gas Turbines Market Revenue Analysis by Type
- 6.1.1 Global Industrial Gas Turbines Market Size Analysis by Type: 2024 & 2025 & 2032
- 6.1.2 Global Industrial Gas Turbines Revenue and Forecast Analysis by Type (2020-2032)
- 6.2 Global Industrial Gas Turbines Sales and Forecast Analysis by Type (2020-2032)
- 6.3 Global Industrial Gas Turbines Sales Price Trend Analysis by Type (2020-2032)
- 7 Key Companies Analysis
- 7.1 GE
- 7.1.1 GE Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.1.2 GE Industrial Gas Turbines Product Portfolio
- 7.1.3 GE Industrial Gas Turbines 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 Industrial Gas Turbines Product Portfolio
- 7.2.3 Siemens Industrial Gas Turbines Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 7.3 MHPS
- 7.3.1 MHPS Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.3.2 MHPS Industrial Gas Turbines Product Portfolio
- 7.3.3 MHPS Industrial Gas Turbines Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 7.4 Ansaldo
- 7.4.1 Ansaldo Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.4.2 Ansaldo Industrial Gas Turbines Product Portfolio
- 7.4.3 Ansaldo Industrial Gas Turbines Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 7.5 Kawasaki
- 7.5.1 Kawasaki Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.5.2 Kawasaki Industrial Gas Turbines Product Portfolio
- 7.5.3 Kawasaki Industrial Gas Turbines 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 Industrial Gas Turbines Product Portfolio
- 7.6.3 Solar Turbines Industrial Gas Turbines Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 7.7 MAN Energy
- 7.7.1 MAN Energy Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.7.2 MAN Energy Industrial Gas Turbines Product Portfolio
- 7.7.3 MAN Energy Industrial Gas Turbines Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 7.8 BHEL
- 7.8.1 BHEL Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.8.2 BHEL Industrial Gas Turbines Product Portfolio
- 7.8.3 BHEL Industrial Gas Turbines Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 8 Industry Chain Analysis
- 8.1 Industrial Gas Turbines Industry Chain Analysis
- 8.2 Industrial Gas Turbines Industry Upstream Supply Analysis
- 8.2.1 Upstream Key Raw Material Supply Analysis
- 8.2.2 Raw Material Suppliers and Contact Information
- 8.3 Industrial Gas Turbines Product Downstream Application Analysis
- 8.3.1 Global Industrial Gas Turbines Revenue Market Size by Application: 2024 & 2025 & 2032
- 8.3.2 Global Industrial Gas Turbines Revenue and Forecast Analysis by Application (2020-2032)
- 8.3.3 Global Industrial Gas Turbines Sales and Forecast Analysis by Application (2020-2032)
- 8.4 Industrial Gas Turbines T
Pricing
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