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Global Gas Turbine Market 2018-2022

Global Gas Turbine Market 2018-2022

About Gas Turbine

Gas turbines are significantly deployed in gas-fired power generation plants where an internal combustion engine is placed, the fuel is mixed with air and is then ignited.

Technavio’s analysts forecast the global gas turbine market to grow at a CAGR of 3.29% during the period 2018-2022.

Covered in this report

The report covers the present scenario and the growth prospects of the global gas turbine market for 2018-2022. To calculate the market size, the report considers the revenue generated from the sales of different types of gas turbines across the end-user industries.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Gas Turbine Market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Ansaldo Energia
  • Caterpillar
  • GENERAL ELECTRIC
  • Kawasaki Heavy Industries
  • MITSUBISHI HEAVY INDUSTRIES
  • Siemens
Market driver
  • Expanding natural gas pipeline networks
  • For a full, detailed list, view our report
Market challenge
  • Inherent challenges of handling natural gas
  • For a full, detailed list, view our report
Market trend
  • Growing use of alternative fuel types for aeroderivative gas turbines
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2022 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?


  • Executive summary
  • Scope of the report
  • Research methodology
  • Market landscape
    • Market ecosystem
      • Table Parent market
      • Table Global industrial turbines market
    • Market characteristics
      • Table Market characteristics
    • Market segmentation analysis
      • Table Market segments
  • Market sizing
    • Market definition
      • Table Market definition - Inclusions and exclusions checklist
    • Market sizing 2017
      • Table Market size 2017
      • Table Validation techniques employed for market sizing 2017
    • Market size and forecast 2017-2022
      • Table Global gas turbine market - Market size and forecast 2017-2022 ($ bn)
      • Table Comparison of the demand for fuel for power generation
      • Table Global average annual net capacity additions by type (GW)
      • Table Global gas turbine market - Year-over-year growth 2018-2022 (%)
  • Five forces analysis
    • Table Five forces analysis 2017
    • Table Five forces analysis 2022
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces 2017
  • Market segmentation by technology
    • Segmentation by technology
      • Table Global gas turbine market by technology - Market share 2017-2022 (%)
    • Comparison by technology
      • Table Comparison by technology
    • Combined-cycle gas turbine - Market size and forecast 2017-2022
      • Table Combined-cycle gas turbine - Market size and forecast 2017-2022 ($ bn)
      • Table Combined-cycle gas turbine - Year-over-year growth 2018-2022 (%)
    • Open-cycle gas turbine - Market size and forecast 2017-2022
      • Table Open-cycle gas turbine - Market size and forecast 2017-2022 ($ bn)
      • Table Open-cycle gas turbine - Year-over-year growth 2018-2022 (%)
      • Table Advantages and disadvantages of open-cycle gas turbines compared with combined-cycle gas turbines
    • Market opportunity by technology
      • Table Market opportunity by technology
  • Market segmentation by product
    • Segmentation by product
      • Table Global gas turbine market by product - Market share 2017-2022 (%)
    • Comparison by product
      • Table Comparison by product
    • Heavy-duty gas turbine - Market size and forecast 2017-2022
      • Table Heavy-duty gas turbine - Market size and forecast 2017-2022 ($ bn)
      • Table Heavy-duty gas turbine - Year-over-year growth 2018-2022 (%)
      • Table Few examples of the heavy-duty turbines with a high thermal efficiency (greater than 60%)
    • Aeroderivative gas turbine - Market size and forecast 2017-2022
      • Table Aeroderivative gas turbine - Market size and forecast 2017-2022 ($ bn)
      • Table Aeroderivative gas turbine - Year-over-year growth 2018-2022 (%)
      • Table Operational characteristics of gas-fired electricity generation
    • Market opportunity by product
      • Table Market opportunity by product
  • Customer landscape
    • Table Customer landscape
  • Market segmentation by end-user
    • Segmentation by end-user
      • Table Global gas turbine market by end-user - Market share 2017-2022 (%)
    • Comparison by end-user
      • Table Comparison by end-user
    • Power generation - Market size and forecast 2017-2022
      • Table Power generation - Market size and forecast 2017-2022 ($ bn)
      • Table Power generation - Year-over-year growth 2018-2022 (%)
    • Mobility - Market size and forecast 2017-2022
      • Table Mobility - Market size and forecast 2017-2022 ($ bn)
      • Table Mobility - Year-over-year growth 2018-2022 (%)
    • Oil and gas - Market size and forecast 2017-2022
      • Table Oil and gas - Market size and forecast 2017-2022 ($ bn)
      • Table Oil and gas - Year-over-year growth 2018-2022 (%)
    • Others - Market size and forecast 2017-2022
      • Table Others - Market size and forecast 2017-2022 ($ bn)
      • Table Others - Year-over-year growth 2018-2022 (%)
    • Market opportunity by end-user
      • Table Market opportunity by end-user
  • Regional landscape
    • Geographical segmentation
      • Table Global gas turbine market by geography - Market share 2017-2022 (%)
    • Regional comparison
      • Table Regional comparison
    • APAC - Market size and forecast 2017-2022
      • Table APAC - Market size and forecast 2017-2022 ($ bn)
      • Table APAC - Year-over-year growth 2018-2022 (%)
    • Americas - Market size and forecast 2017-2022
      • Table Americas - Market size and forecast 2017-2022 ($ bn)
      • Table Americas - Year-over-year growth 2018-2022 (%)
    • EMEA - Market size and forecast 2017-2022
      • Table EMEA - Market size and forecast 2017-2022 ($ bn)
      • Table EMEA - Year-over-year growth 2018-2022 (%)
    • Key leading countries
      • Table Key leading countries
    • Market opportunity
      • Table Market opportunity
  • Decision framework
  • Drivers and challenges
    • Market drivers
    • Market challenges
      • Table Renewable electricity capacity growth by technology (GW)
      • Table Renewable capacity growth by country/region (GW)
      • Table US natural gas electric power price ($/tcf)
  • Market trends
    • Development of GTCC and IGCC technologies
    • Rapid decline in the demand for F-class gas turbines
    • Growing use of alternative fuel types for aeroderivative gas turbines
  • Vendor landscape
    • Overview
      • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
    • Competitive landscape
  • Vendor analysis
    • Vendors covered
      • Table Vendors covered
    • Vendor classification
      • Table Vendor classification
    • Market positioning of vendors
      • Table Market positioning of vendors
    • Ansaldo Energia
      • Table Ansaldo Energia: Overview
      • Table Ansaldo Energia - Business segments
      • Table Ansaldo Energia - Organizational developments
      • Table Ansaldo Energia - Geographic focus
      • Table Ansaldo Energia - Segment focus
      • Table Ansaldo Energia - Key offerings
    • Caterpillar
      • Table Caterpillar: Overview
      • Table Caterpillar - Business segments
      • Table Caterpillar - Organizational developments
      • Table Caterpillar - Segment focus
      • Table Caterpillar - Key offerings
    • GENERAL ELECTRIC
      • Table GENERAL ELECTRIC: Overview
      • Table GENERAL ELECTRIC - Business segments
      • Table GENERAL ELECTRIC - Organizational developments
      • Table GENERAL ELECTRIC- Geographic focus
      • Table GENERAL ELECTRIC - Segment focus
      • Table GENERAL ELECTRIC - Key offerings
    • Kawasaki Heavy Industries
      • Table Kawasaki Heavy Industries: Overview
      • Table Kawasaki Heavy Industries - Business segments
      • Table Kawasaki Heavy Industries - Organizational developments
      • Table Kawasaki Heavy Industries - Geographic focus
      • Table Kawasaki Heavy Industries - Segment focus
      • Table Kawasaki Heavy Industries - Key offerings
    • MITSUBISHI HEAVY INDUSTRIES
      • Table MITSUBISHI HEAVY INDUSTRIES: Overview
      • Table MITSUBISHI HEAVY INDUSTRIES - Business segments
      • Table MITSUBISHI HEAVY INDUSTRIES - Organizational developments
      • Table MITSUBISHI HEAVY INDUSTRIES - Geographic focus
      • Table MITSUBISHI HEAVY INDUSTRIES - Segment focus
      • Table MITSUBISHI HEAVY INDUSTRIES - Key offerings
    • Siemens
      • Table Siemens: Overview
      • Table Siemens - Business segments
      • Table Siemens - Organizational developments
      • Table Siemens - Geographic focus
      • Table Siemens - Segment focus
      • Table Siemens - Key offerings
  • Appendix
    • List of abbreviations
  • Explore Technavio

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