Global Industrial Gas Turbine Generators Market Growth 2025-2031

The global Industrial Gas Turbine Generators 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.

Industrial Gas Turbine Generators are a type of power generation equipment that uses gas as fuel. It consists of two parts: gas turbine and generator. The gas turbine generates high-temperature and high-pressure gas by burning gas, which drives the axial flow compressor to rotate, compresses the air and injects it into the combustion chamber for combustion, and then pushes the generated high-temperature and high-pressure gas to the turbine to rotate the turbine. The rotation of the turbine drives the rotation of the generator connected to the same shaft, and the generator converts mechanical energy into electrical energy to realize the process of generating electricity. Industrial gas turbine generators have the characteristics of high efficiency, quick start, low emissions, and high reliability, and are widely used in industrial production, energy supply and other fields.

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

Global key Industrial Gas Turbine Generators players cover ABB, Solar Turbines, Kawasaki, General Electric, Siemens, 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 “Industrial Gas Turbine Generators Industry Forecast” looks at past sales and reviews total world Industrial Gas Turbine Generators sales in 2024, providing a comprehensive analysis by region and market sector of projected Industrial Gas Turbine Generators sales for 2025 through 2031. With Industrial Gas Turbine Generators sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Industrial Gas Turbine Generators industry.

This Insight Report provides a comprehensive analysis of the global Industrial Gas Turbine Generators 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 Industrial Gas Turbine Generators portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Industrial Gas Turbine Generators market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Industrial Gas Turbine Generators 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 Industrial Gas Turbine Generators.

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

Segmentation by Type:
Large and Medium
Small
Miniature

Segmentation by Application:
Power Generation
Industry
Oil & Gas
Others

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.
ABB
Solar Turbines
Kawasaki
General Electric
Siemens
Mitsubishi Heavy Industries
Alstom
Jenbacher
Hitachi
Moog
Rolls-Royce
Power Machines
MAN Energy Solutions
Brayton Energy
Centrax
Vericor Power Systems
IHI Power Systems
Wärtsilä
Destinus Energy
AVIC
CSIC
Shenyang Blower Works Group
Jereh
Nanjing Turbine&Electric Machinery
Zichai Power
ENN Power

Key Questions Addressed in this Report

What is the 10-year outlook for the global Industrial Gas Turbine Generators market?

What factors are driving Industrial Gas Turbine Generators market growth, globally and by region?

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

How do Industrial Gas Turbine Generators market opportunities vary by end market size?

How does Industrial Gas Turbine Generators break out by Type, by Application?

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