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Global Combustion Turbine Market Growth 2025-2031

Published Oct 11, 2025
Length 105 Pages
SKU # LPI20464480

Description

The global Combustion Turbine market size is predicted to grow from US$ million in 2025 to US$ million in 2031; it is expected to grow at a CAGR of %from 2025 to 2031.

The impact of the latest U.S. tariff measures and the corresponding policy responses from countries worldwide on market competitiveness, regional economic performance, and supply chain configurations will be comprehensively evaluated in this report.

Combustion turbine is the engine at the heart of the power plant that produces electric current.A Combustion turbine is a combustion engine that can convert natural gas or other liquid fuels to mechanical energy. This energy then drives a generator that produces electrical energy. It is electrical energy that moves along power lines to homes and businesses.

United States market for Combustion Turbine is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

China market for Combustion Turbine is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

Europe market for Combustion Turbine is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

Global key Combustion Turbine players cover General Electric, Siemens Energy, Mitsubishi, Ansaldo, Kawasaki Heavy Industries, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2024.

LP Information, Inc. (LPI) ' newest research report, the “Combustion Turbine Industry Forecast” looks at past sales and reviews total world Combustion Turbine sales in 2024, providing a comprehensive analysis by region and market sector of projected Combustion Turbine sales for 2025 through 2031. With Combustion Turbine sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Combustion Turbine industry.

This Insight Report provides a comprehensive analysis of the global Combustion Turbine landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Combustion Turbine portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Combustion Turbine market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Combustion Turbine and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Combustion Turbine.

This report presents a comprehensive overview, market shares, and growth opportunities of Combustion Turbine market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Heavy Duty Type
Light Duty Type

Segmentation by Application:
Power Generation
Oil & Gas
Marine
Other

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
General Electric
Siemens Energy
Mitsubishi
Ansaldo
Kawasaki Heavy Industries
Solar Turbines
MAN Energy Solutions
OPRA Gas Turbine
Shanghai Electric

Key Questions Addressed in this Report

What is the 10-year outlook for the global Combustion Turbine market?

What factors are driving Combustion Turbine market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Combustion Turbine market opportunities vary by end market size?

How does Combustion Turbine break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.

Table of Contents

105 Pages
*This is a tentative TOC and the final deliverable is subject to change.*
1 Scope of the Report
2 Executive Summary
3 Global by Company
4 World Historic Review for Combustion Turbine by Geographic Region
5 Americas
6 APAC
7 Europe
8 Middle East & Africa
9 Market Drivers, Challenges and Trends
10 Manufacturing Cost Structure Analysis
11 Marketing, Distributors and Customer
12 World Forecast Review for Combustion Turbine by Geographic Region
13 Key Players Analysis
14 Research Findings and Conclusion
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