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Global Gas Turbine and Steam Turbine and Compressors Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031

Publisher GlobalInfoResearch
Published Sep 16, 2025
Length 132 Pages
SKU # GFSH20403348

Description

According to our (Global Info Research) latest study, the global Gas Turbine and Steam Turbine and Compressors market size was valued at US$ million in 2024 and is forecast to a readjusted size of USD million by 2031 with a CAGR of %during review period.

A gas turbine, also known as a combustion turbine, is a type of internal combustion engine used for power generation and propulsion. It operates on the principle of converting the energy of high-pressure and high-temperature gases into mechanical work through the rotation of a turbine

A steam turbine is a mechanical device that converts the thermal energy of steam into mechanical work by using the principles of thermodynamics and rotary motion. It is commonly used for power generation in steam power plants.

Compressors are mechanical devices used to increase the pressure of a gas by reducing its volume. They play a crucial role in various applications, including refrigeration, air conditioning, gas processing, and power generation.

In the China market, the core manufacturers of Gas Turbine and Steam Turbine and Compressors (GSTC) are mainly companies such as GE, Oriental Electronics, and Siemens. The top four players in this industry account for about 80% of the market share. The product can be classified into gas turbine, steam turbine and compressor based on the type of product. It is widely used in power generation, steel mills and other industries.

This report is a detailed and comprehensive analysis for global Gas Turbine and Steam Turbine and Compressors market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.

Key Features:

Global Gas Turbine and Steam Turbine and Compressors market size and forecasts, in consumption value ($ Million), sales quantity (MW), and average selling prices (US$/KW), 2020-2031

Global Gas Turbine and Steam Turbine and Compressors market size and forecasts by region and country, in consumption value ($ Million), sales quantity (MW), and average selling prices (US$/KW), 2020-2031

Global Gas Turbine and Steam Turbine and Compressors market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (MW), and average selling prices (US$/KW), 2020-2031

Global Gas Turbine and Steam Turbine and Compressors market shares of main players, shipments in revenue ($ Million), sales quantity (MW), and ASP (US$/KW), 2020-2025

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for Gas Turbine and Steam Turbine and Compressors

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report profiles key players in the global Gas Turbine and Steam Turbine and Compressors market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include GE, Siemens, Ansaldo, Solar Turbines, MHI, Dongfang Electric, Shanghai Electric, Harbin Electric, Hangzhou Turbine, Atlas Copco, etc.

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

Market Segmentation

Gas Turbine and Steam Turbine and Compressors market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
Gas Turbine
Steam Turbine
Compressors

Market segment by Application
Power Generation
Steel Mill
Others

Major players covered
GE
Siemens
Ansaldo
Solar Turbines
MHI
Dongfang Electric
Shanghai Electric
Harbin Electric
Hangzhou Turbine
Atlas Copco
Kaishan Group
Hanbell
Ingersoll Rand
Ningbo Baosi
East Asia Machinery
Hitachi

Market segment by region, regional analysis covers

North America (United States, Canada, and Mexico)

Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)

Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)

South America (Brazil, Argentina, Colombia, and Rest of South America)

Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe Gas Turbine and Steam Turbine and Compressors product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Gas Turbine and Steam Turbine and Compressors, with price, sales quantity, revenue, and global market share of Gas Turbine and Steam Turbine and Compressors from 2020 to 2025.

Chapter 3, the Gas Turbine and Steam Turbine and Compressors competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Gas Turbine and Steam Turbine and Compressors breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.

Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and Gas Turbine and Steam Turbine and Compressors market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.

Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.

Chapter 13, the key raw materials and key suppliers, and industry chain of Gas Turbine and Steam Turbine and Compressors.

Chapter 14 and 15, to describe Gas Turbine and Steam Turbine and Compressors sales channel, distributors, customers, research findings and conclusion.

Table of Contents

132 Pages
1 Market Overview
2 Manufacturers Profiles
3 Competitive Environment: Gas Turbine and Steam Turbine and Compressors by Manufacturer
4 Consumption Analysis by Region
5 Market Segment by Type
6 Market Segment by Application
7 North America
8 Europe
9 Asia-Pacific
10 South America
11 Middle East & Africa
12 Market Dynamics
13 Raw Material and Industry Chain
14 Shipments by Distribution Channel
15 Research Findings and Conclusion
16 Appendix
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