Gas Turbine Global Market Insights 2026, Analysis and Forecast to 2031
Description
Gas Turbine Market Summary
The global gas turbine industry represents a critical pillar of the modern energy infrastructure, serving as the mechanical heart for power generation, aviation propulsion, and industrial mechanical drive applications. A gas turbine is a rotary internal combustion engine that operates on the thermodynamic Brayton cycle. Its primary function is to convert the chemical energy latent in fuel—typically natural gas, though increasingly hydrogen blends and liquid fuels—into mechanical energy, which is subsequently transformed into electrical power or thrust.
The technological sophistication of a gas turbine lies in its three-stage operational process: compression, combustion, and expansion. The cycle initiates in the compressor, where atmospheric air is drawn in and pressurized to high levels. This compressed air enters the combustion chamber, mixing with fuel to ignite and generate a high-velocity, high-temperature gas stream. This stream flows into the turbine section, expanding to perform work by rotating the turbine blades. This rotation drives both the compressor and the external load, such as an electrical generator or a mechanical pump. The thermal efficiency of the system is governed by two critical parameters: the turbine inlet temperature (firing temperature) and the compressor pressure ratio. Continuous advancements in materials science and cooling technologies have allowed manufacturers to push these parameters higher, significantly enhancing overall cycle efficiency.
Gas turbines are distinct from traditional steam turbines and reciprocating internal combustion engines due to their high power-to-weight ratio, rapid startup capabilities, and relatively lower emissions profile, particularly regarding particulate matter. These engines are the core components of Combined Cycle Power Plants (CCPP) and Combined Heat and Power (CHP) facilities. In a CCPP configuration, the waste heat from the gas turbine is captured to drive a secondary steam turbine, achieving thermal efficiencies that can exceed 60%. Currently, the power generation sector commands approximately 65% of the total application market, underscoring the turbine’s role as a baseload and peak-shaving asset in global grids.
Market Size and Growth Trajectory
The gas turbine market is currently experiencing a robust upward cycle, driven by a resurgence in electricity demand and the necessity for grid stability amidst the renewable energy transition.
Market Scale: For the fiscal year 2026, the global gas turbine market is estimated to reach a valuation between 16 billion USD and 20 billion USD.
Growth Outlook: Looking toward the long term, the industry is projected to expand at a Compound Annual Growth Rate (CAGR) of 6% to 10% through 2031.
This growth is characterized by cyclicality, influenced heavily by macroeconomic trends in the energy sector. The current momentum is fueled by a dual drive: the digital transformation of the power sector (specifically the AI-driven data center boom) and the low-carbon transition in industrial applications. However, the market remains sensitive to fuel price volatility. Historical data from the 2021–2022 European energy crisis, where natural gas prices surged by approximately 200%, resulted in a 23% order deferral rate for major manufacturers like Siemens Energy. Conversely, as gas prices stabilized and retraced by 30% in 2023, the Asian market responded with a 42% surge in tender volume. This pattern confirms a 6-to-8-month lag effect between fuel cost stabilization and capital equipment procurement.
Value Chain and Supply Chain Analysis
The gas turbine value chain is highly stratified, characterized by extreme technical barriers to entry in the upstream segment and a lucrative service-oriented model in the downstream segment.
Upstream: Critical Components and Manufacturing Bottlenecks
The manufacturing of gas turbines relies on a specialized supply chain producing airfoils, hot section coatings, structural castings, seamless rolled rings, and forgings. The most critical component is the turbine blade (airfoil), which accounts for approximately 35% of the total raw material cost of the engine. These blades must withstand temperatures exceeding the melting point of the metal, requiring advanced single-crystal casting technologies and internal cooling channels—techniques that have been refined since the 1990s but remain difficult to scale.
Global capacity for these high-specification castings is heavily concentrated among a few suppliers, notably Precision Castparts Corp. (PCC) and Howmet Aerospace. As the demand for gas turbines accelerates due to the expansion of AI data centers, these core suppliers are facing significant pressure. The inability to rapidly expand casting capacity has created a supply chain bottleneck, exacerbating the tightness in the delivery of new units. Additionally, the control systems—the brain of the turbine ensuring safe and efficient operation—are supplied by specialized firms such as Woodward, which provide the necessary fuel metering and variable geometry actuation.
Downstream: Lifecycle Services and O&M
The downstream market comprises the terminal applications (utilities, oil & gas, marine) and, crucially, the aftermarket services. The business model of major gas turbine OEMs (Original Equipment Manufacturers) is heavily weighted toward the installed base. The revenue generated from maintenance, repairs, and service solutions over the operational lifecycle of a turbine is typically double the revenue generated from the initial sale of the equipment. Long-term service agreements (LTSAs) provide manufacturers with recurring revenue and high margins, buffering them against the cyclical volatility of new equipment orders.
Regional Market Analysis
North America:
North America stands as the dominant global market, accounting for an estimated 30% to 40% of the global share. The United States is the primary driver, representing over 90% of the North American demand. This dominance is fueled by the shale gas revolution, the retirement of coal-fired plants, and an unprecedented surge in power demand from data centers supporting Artificial Intelligence.
Europe:
Europe remains a critical market focused on energy security and the transition to hydrogen-ready infrastructure. Germany, for instance, aims to construct up to 20 new gas-fired power plants by 2030 to serve as backup capacity for intermittent renewables. The region is a pioneer in implementing carbon-pricing mechanisms that drive the adoption of high-efficiency H-class turbines.
Asia Pacific:
The Asia Pacific region is seeing renewed growth. Japan has reversed its stance on declining power demand, planning new facilities to support digital infrastructure. China continues to be a major volume market; in December 2025, the China National Energy Administration released policies encouraging the construction of natural gas peak-shaving projects in load centers with adequate gas supply, while restricting projects in supply-constrained areas. This targeted approach highlights the role of gas turbines in grid stabilization.
Middle East and Africa (MEA) & South America:
Rich in natural gas resources, the MEA region is a stronghold for gas turbine deployment. Saudi Arabia is aggressively investing billions to expand gas-fired capacity to ensure electricity generation sufficiency before hosting the World Expo 2030. The region utilizes turbines not only for power but also for desalination and industrial desalination.
Market Drivers: The AI and Data Center Surge
The most significant recent disruptor to the gas turbine market is the rapid rise of Artificial Intelligence (AI). The computational power required for AI model training and inference has led to a spike in electricity consumption that renewables alone cannot reliably meet 24/7.
Demand Shock: Utilities in the US have been surprised by the load growth. BloombergNEF forecasts that data-center power consumption will more than triple by 2035.
Infrastructure Gap: According to the International Energy Agency (IEA), electricity needs from data centers will account for almost half of the growth in total power demand between now and 2030.
Capacity Planning: Developers in the US are planning to build more than 26 gigawatts of new gas-fired power capacity by 2028—double the amount planned in 2023. This crush of projects is threatening to overwhelm supply chains, pushing some project timelines to 2030.
Technological Trends: The Hydrogen Transition
In the context of carbon neutrality, the industry is pivoting toward hydrogen-fired gas turbines. While natural gas is a transition fuel, the ultimate goal is to burn Green Hydrogen.
Current Capabilities: International mainstream manufacturers offer hydrogen-ready turbines. Most current combustion systems can handle a hydrogen volume content of approximately 30%, with advanced lean premix combustors reaching up to 60%.
Technical Challenges: Transitioning to 100% hydrogen is complex. Hydrogen has a flame speed significantly higher than natural gas, increasing the risk of flashback (flame moving upstream into the hardware). Furthermore, higher adiabatic flame temperatures can lead to increased Nitrogen Oxide (NOx) emissions, and the compact reaction zone of hydrogen flames alters the thermoacoustic properties of the engine, potentially causing damaging vibrations.
Future Pathway: The industry is currently in a transitional phase of blending. Achieving 100% hydrogen capability will allow for zero-carbon emissions at the point of generation. Furthermore, pure hydrogen turbines offer sector-coupling opportunities, where waste heat from the turbine can be used to decarbonize industrial processes in chemical and refining sectors.
Competitive Landscape and Key Players
The global market is consolidated, with the top four manufacturers controlling the vast majority of the installed base and order book.
Tier 1: The Big Four
GE Vernova: The market leader with gas turbine revenues exceeding 5 billion USD. GE Vernova is aggressively expanding capacity to meet the AI-driven demand. In 2025, the company announced a nearly $600 million investment to expand U.S. manufacturing capacity, aiming to produce up to 80 heavy-duty units (20GW) annually by Q3 2026. This includes specific investments in Greenville, SC, for hydrogen capabilities.
Siemens Energy: A major European powerhouse with gas turbine revenues of 4-5 billion USD. In December 2024, Siemens Energy announced a 61,000 sq ft expansion to its blade and vane manufacturing facility, directly addressing the upstream component shortage.
Mitsubishi Heavy Industries (MHI): A key player with revenues between 1.5-2.5 billion USD. MHI plans to double its manufacturing capacity over the next two years. However, due to high demand, most of its production slots are already booked for 2027 and 2028.
Caterpillar (Solar Turbines): Specializing in industrial and mid-sized turbines, Caterpillar’s revenues also sit in the 1.5-2.5 billion USD range. On November 4, 2025, the company announced plans to more than double its capacity to tap into the natural gas plant demand surge.
Other Notable Players:
Companies such as Kawasaki Heavy Industries, Dongfang Electric Corporation, Doosan Enerbility, Ansaldo Energia, Shanghai Electric Group, Harbin Electric Corporation, and Everllence occupy the remaining market share. These players typically generate under 1 billion USD in gas turbine revenue and often focus on specific regional markets or smaller turbine classes.
Market Segmentation
By Type:
Large Gas Turbines (>100 MW): The standard for utility-scale power generation.
Medium Gas Turbines (20-100 MW): Used for industrial cogeneration and district heating.
Small Gas Turbines (<20 MW): Common in oil & gas fields and distributed generation.
Aero-derivative Gas Turbines: Derived from jet engines (up to 65 MW), valued for high flexibility and fast start times.
By Application:
Utilities & Municipalities: The largest segment (65%), focused on grid stability.
Industrial Power Generation: Chemicals, refining, and manufacturing.
Data Centers: The fastest-growing segment for on-site power generation.
Oil & Gas: Mechanical drive for compression and pumping.
Marine & Aerospace: Propulsion systems.
Opportunities and Challenges
Opportunities:
Grid Firming: As renewable penetration increases, the value of gas turbines as a dispatchable, flexible backup resource increases.
Service Revenue: The aging installed base in developed markets ensures a steady stream of high-margin service contracts.
Hydrogen Retrofits: The existing fleet represents a massive market for retrofit kits to enable hydrogen blending.
Challenges:
Supply Chain Constrains: The crush of orders is overwhelming the supply chain for superalloy castings. Delays in blade and vane production could stall the ambitious expansion plans of utilities.
Fuel Price Volatility: Reliance on natural gas exposes operators to geopolitical risks and price spikes, which can delay investment decisions.
Regulatory Uncertainty: Strict decarbonization mandates in certain regions may limit the deployment of new gas assets unless they are certified as hydrogen-ready or equipped with carbon capture technology.
The global gas turbine industry represents a critical pillar of the modern energy infrastructure, serving as the mechanical heart for power generation, aviation propulsion, and industrial mechanical drive applications. A gas turbine is a rotary internal combustion engine that operates on the thermodynamic Brayton cycle. Its primary function is to convert the chemical energy latent in fuel—typically natural gas, though increasingly hydrogen blends and liquid fuels—into mechanical energy, which is subsequently transformed into electrical power or thrust.
The technological sophistication of a gas turbine lies in its three-stage operational process: compression, combustion, and expansion. The cycle initiates in the compressor, where atmospheric air is drawn in and pressurized to high levels. This compressed air enters the combustion chamber, mixing with fuel to ignite and generate a high-velocity, high-temperature gas stream. This stream flows into the turbine section, expanding to perform work by rotating the turbine blades. This rotation drives both the compressor and the external load, such as an electrical generator or a mechanical pump. The thermal efficiency of the system is governed by two critical parameters: the turbine inlet temperature (firing temperature) and the compressor pressure ratio. Continuous advancements in materials science and cooling technologies have allowed manufacturers to push these parameters higher, significantly enhancing overall cycle efficiency.
Gas turbines are distinct from traditional steam turbines and reciprocating internal combustion engines due to their high power-to-weight ratio, rapid startup capabilities, and relatively lower emissions profile, particularly regarding particulate matter. These engines are the core components of Combined Cycle Power Plants (CCPP) and Combined Heat and Power (CHP) facilities. In a CCPP configuration, the waste heat from the gas turbine is captured to drive a secondary steam turbine, achieving thermal efficiencies that can exceed 60%. Currently, the power generation sector commands approximately 65% of the total application market, underscoring the turbine’s role as a baseload and peak-shaving asset in global grids.
Market Size and Growth Trajectory
The gas turbine market is currently experiencing a robust upward cycle, driven by a resurgence in electricity demand and the necessity for grid stability amidst the renewable energy transition.
Market Scale: For the fiscal year 2026, the global gas turbine market is estimated to reach a valuation between 16 billion USD and 20 billion USD.
Growth Outlook: Looking toward the long term, the industry is projected to expand at a Compound Annual Growth Rate (CAGR) of 6% to 10% through 2031.
This growth is characterized by cyclicality, influenced heavily by macroeconomic trends in the energy sector. The current momentum is fueled by a dual drive: the digital transformation of the power sector (specifically the AI-driven data center boom) and the low-carbon transition in industrial applications. However, the market remains sensitive to fuel price volatility. Historical data from the 2021–2022 European energy crisis, where natural gas prices surged by approximately 200%, resulted in a 23% order deferral rate for major manufacturers like Siemens Energy. Conversely, as gas prices stabilized and retraced by 30% in 2023, the Asian market responded with a 42% surge in tender volume. This pattern confirms a 6-to-8-month lag effect between fuel cost stabilization and capital equipment procurement.
Value Chain and Supply Chain Analysis
The gas turbine value chain is highly stratified, characterized by extreme technical barriers to entry in the upstream segment and a lucrative service-oriented model in the downstream segment.
Upstream: Critical Components and Manufacturing Bottlenecks
The manufacturing of gas turbines relies on a specialized supply chain producing airfoils, hot section coatings, structural castings, seamless rolled rings, and forgings. The most critical component is the turbine blade (airfoil), which accounts for approximately 35% of the total raw material cost of the engine. These blades must withstand temperatures exceeding the melting point of the metal, requiring advanced single-crystal casting technologies and internal cooling channels—techniques that have been refined since the 1990s but remain difficult to scale.
Global capacity for these high-specification castings is heavily concentrated among a few suppliers, notably Precision Castparts Corp. (PCC) and Howmet Aerospace. As the demand for gas turbines accelerates due to the expansion of AI data centers, these core suppliers are facing significant pressure. The inability to rapidly expand casting capacity has created a supply chain bottleneck, exacerbating the tightness in the delivery of new units. Additionally, the control systems—the brain of the turbine ensuring safe and efficient operation—are supplied by specialized firms such as Woodward, which provide the necessary fuel metering and variable geometry actuation.
Downstream: Lifecycle Services and O&M
The downstream market comprises the terminal applications (utilities, oil & gas, marine) and, crucially, the aftermarket services. The business model of major gas turbine OEMs (Original Equipment Manufacturers) is heavily weighted toward the installed base. The revenue generated from maintenance, repairs, and service solutions over the operational lifecycle of a turbine is typically double the revenue generated from the initial sale of the equipment. Long-term service agreements (LTSAs) provide manufacturers with recurring revenue and high margins, buffering them against the cyclical volatility of new equipment orders.
Regional Market Analysis
North America:
North America stands as the dominant global market, accounting for an estimated 30% to 40% of the global share. The United States is the primary driver, representing over 90% of the North American demand. This dominance is fueled by the shale gas revolution, the retirement of coal-fired plants, and an unprecedented surge in power demand from data centers supporting Artificial Intelligence.
Europe:
Europe remains a critical market focused on energy security and the transition to hydrogen-ready infrastructure. Germany, for instance, aims to construct up to 20 new gas-fired power plants by 2030 to serve as backup capacity for intermittent renewables. The region is a pioneer in implementing carbon-pricing mechanisms that drive the adoption of high-efficiency H-class turbines.
Asia Pacific:
The Asia Pacific region is seeing renewed growth. Japan has reversed its stance on declining power demand, planning new facilities to support digital infrastructure. China continues to be a major volume market; in December 2025, the China National Energy Administration released policies encouraging the construction of natural gas peak-shaving projects in load centers with adequate gas supply, while restricting projects in supply-constrained areas. This targeted approach highlights the role of gas turbines in grid stabilization.
Middle East and Africa (MEA) & South America:
Rich in natural gas resources, the MEA region is a stronghold for gas turbine deployment. Saudi Arabia is aggressively investing billions to expand gas-fired capacity to ensure electricity generation sufficiency before hosting the World Expo 2030. The region utilizes turbines not only for power but also for desalination and industrial desalination.
Market Drivers: The AI and Data Center Surge
The most significant recent disruptor to the gas turbine market is the rapid rise of Artificial Intelligence (AI). The computational power required for AI model training and inference has led to a spike in electricity consumption that renewables alone cannot reliably meet 24/7.
Demand Shock: Utilities in the US have been surprised by the load growth. BloombergNEF forecasts that data-center power consumption will more than triple by 2035.
Infrastructure Gap: According to the International Energy Agency (IEA), electricity needs from data centers will account for almost half of the growth in total power demand between now and 2030.
Capacity Planning: Developers in the US are planning to build more than 26 gigawatts of new gas-fired power capacity by 2028—double the amount planned in 2023. This crush of projects is threatening to overwhelm supply chains, pushing some project timelines to 2030.
Technological Trends: The Hydrogen Transition
In the context of carbon neutrality, the industry is pivoting toward hydrogen-fired gas turbines. While natural gas is a transition fuel, the ultimate goal is to burn Green Hydrogen.
Current Capabilities: International mainstream manufacturers offer hydrogen-ready turbines. Most current combustion systems can handle a hydrogen volume content of approximately 30%, with advanced lean premix combustors reaching up to 60%.
Technical Challenges: Transitioning to 100% hydrogen is complex. Hydrogen has a flame speed significantly higher than natural gas, increasing the risk of flashback (flame moving upstream into the hardware). Furthermore, higher adiabatic flame temperatures can lead to increased Nitrogen Oxide (NOx) emissions, and the compact reaction zone of hydrogen flames alters the thermoacoustic properties of the engine, potentially causing damaging vibrations.
Future Pathway: The industry is currently in a transitional phase of blending. Achieving 100% hydrogen capability will allow for zero-carbon emissions at the point of generation. Furthermore, pure hydrogen turbines offer sector-coupling opportunities, where waste heat from the turbine can be used to decarbonize industrial processes in chemical and refining sectors.
Competitive Landscape and Key Players
The global market is consolidated, with the top four manufacturers controlling the vast majority of the installed base and order book.
Tier 1: The Big Four
GE Vernova: The market leader with gas turbine revenues exceeding 5 billion USD. GE Vernova is aggressively expanding capacity to meet the AI-driven demand. In 2025, the company announced a nearly $600 million investment to expand U.S. manufacturing capacity, aiming to produce up to 80 heavy-duty units (20GW) annually by Q3 2026. This includes specific investments in Greenville, SC, for hydrogen capabilities.
Siemens Energy: A major European powerhouse with gas turbine revenues of 4-5 billion USD. In December 2024, Siemens Energy announced a 61,000 sq ft expansion to its blade and vane manufacturing facility, directly addressing the upstream component shortage.
Mitsubishi Heavy Industries (MHI): A key player with revenues between 1.5-2.5 billion USD. MHI plans to double its manufacturing capacity over the next two years. However, due to high demand, most of its production slots are already booked for 2027 and 2028.
Caterpillar (Solar Turbines): Specializing in industrial and mid-sized turbines, Caterpillar’s revenues also sit in the 1.5-2.5 billion USD range. On November 4, 2025, the company announced plans to more than double its capacity to tap into the natural gas plant demand surge.
Other Notable Players:
Companies such as Kawasaki Heavy Industries, Dongfang Electric Corporation, Doosan Enerbility, Ansaldo Energia, Shanghai Electric Group, Harbin Electric Corporation, and Everllence occupy the remaining market share. These players typically generate under 1 billion USD in gas turbine revenue and often focus on specific regional markets or smaller turbine classes.
Market Segmentation
By Type:
Large Gas Turbines (>100 MW): The standard for utility-scale power generation.
Medium Gas Turbines (20-100 MW): Used for industrial cogeneration and district heating.
Small Gas Turbines (<20 MW): Common in oil & gas fields and distributed generation.
Aero-derivative Gas Turbines: Derived from jet engines (up to 65 MW), valued for high flexibility and fast start times.
By Application:
Utilities & Municipalities: The largest segment (65%), focused on grid stability.
Industrial Power Generation: Chemicals, refining, and manufacturing.
Data Centers: The fastest-growing segment for on-site power generation.
Oil & Gas: Mechanical drive for compression and pumping.
Marine & Aerospace: Propulsion systems.
Opportunities and Challenges
Opportunities:
Grid Firming: As renewable penetration increases, the value of gas turbines as a dispatchable, flexible backup resource increases.
Service Revenue: The aging installed base in developed markets ensures a steady stream of high-margin service contracts.
Hydrogen Retrofits: The existing fleet represents a massive market for retrofit kits to enable hydrogen blending.
Challenges:
Supply Chain Constrains: The crush of orders is overwhelming the supply chain for superalloy castings. Delays in blade and vane production could stall the ambitious expansion plans of utilities.
Fuel Price Volatility: Reliance on natural gas exposes operators to geopolitical risks and price spikes, which can delay investment decisions.
Regulatory Uncertainty: Strict decarbonization mandates in certain regions may limit the deployment of new gas assets unless they are certified as hydrogen-ready or equipped with carbon capture technology.
Table of Contents
105 Pages
- Chapter 1 Executive Summary
- Chapter 2 Abbreviation and Acronyms
- Chapter 3 Preface
- 3.1 Research Scope
- 3.2 Research Sources
- 3.2.1 Data Sources
- 3.2.2 Assumptions
- 3.3 Research Method
- Chapter 4 Market Landscape
- 4.1 Market Overview
- 4.2 Classification/Types
- 4.3 Application/End Users
- Chapter 5 Market Trend Analysis
- 5.1 Introduction
- 5.2 Drivers
- 5.3 Restraints
- 5.4 Opportunities
- 5.5 Threats
- Chapter 6 industry Chain Analysis
- 6.1 Upstream/Suppliers Analysis
- 6.2 Gas Turbine Analysis
- 6.2.1 Technology Analysis
- 6.2.2 Cost Analysis
- 6.2.3 Market Channel Analysis
- 6.3 Downstream Buyers/End Users
- Chapter 7 Latest Market Dynamics
- 7.1 Latest News
- 7.2 Merger and Acquisition
- 7.3 Planned/Future Project
- 7.4 Policy Dynamics
- Chapter 8 Trading Analysis
- 8.1 Export of Gas Turbine by Region
- 8.2 Import of Gas Turbine by Region
- 8.3 Balance of Trade
- Chapter 9 Historical and Forecast Gas Turbine Market in North America (2021-2031)
- 9.1 Gas Turbine Market Size
- 9.2 Gas Turbine Demand by End Use
- 9.3 Competition by Players/Suppliers
- 9.4 Type Segmentation and Price
- 9.5 Key Countries Analysis
- 9.5.1 United States
- 9.5.2 Canada
- 9.5.3 Mexico
- Chapter 10 Historical and Forecast Gas Turbine Market in South America (2021-2031)
- 10.1 Gas Turbine Market Size
- 10.2 Gas Turbine Demand by End Use
- 10.3 Competition by Players/Suppliers
- 10.4 Type Segmentation and Price
- 10.5 Key Countries Analysis
- 10.5.1 Brazil
- 10.5.2 Argentina
- 10.5.3 Chile
- 10.5.4 Peru
- Chapter 11 Historical and Forecast Gas Turbine Market in Asia & Pacific (2021-2031)
- 11.1 Gas Turbine Market Size
- 11.2 Gas Turbine Demand by End Use
- 11.3 Competition by Players/Suppliers
- 11.4 Type Segmentation and Price
- 11.5 Key Countries Analysis
- 11.5.1 China
- 11.5.2 India
- 11.5.3 Japan
- 11.5.4 South Korea
- 11.5.5 Southest Asia
- 11.5.6 Australia
- Chapter 12 Historical and Forecast Gas Turbine Market in Europe (2021-2031)
- 12.1 Gas Turbine Market Size
- 12.2 Gas Turbine Demand by End Use
- 12.3 Competition by Players/Suppliers
- 12.4 Type Segmentation and Price
- 12.5 Key Countries Analysis
- 12.5.1 Germany
- 12.5.2 France
- 12.5.3 United Kingdom
- 12.5.4 Italy
- 12.5.5 Spain
- 12.5.6 Belgium
- 12.5.7 Netherlands
- 12.5.8 Austria
- 12.5.9 Poland
- 12.5.10 Russia
- Chapter 13 Historical and Forecast Gas Turbine Market in MEA (2021-2031)
- 13.1 Gas Turbine Market Size
- 13.2 Gas Turbine Demand by End Use
- 13.3 Competition by Players/Suppliers
- 13.4 Type Segmentation and Price
- 13.5 Key Countries Analysis
- 13.5.1 Egypt
- 13.5.2 Israel
- 13.5.3 South Africa
- 13.5.4 Gulf Cooperation Council Countries
- 13.5.5 Turkey
- Chapter 14 Summary For Global Gas Turbine Market (2021-2026)
- 14.1 Gas Turbine Market Size
- 14.2 Gas Turbine Demand by End Use
- 14.3 Competition by Players/Suppliers
- 14.4 Type Segmentation and Price
- Chapter 15 Global Gas Turbine Market Forecast (2026-2031)
- 15.1 Gas Turbine Market Size Forecast
- 15.2 Gas Turbine Demand Forecast
- 15.3 Competition by Players/Suppliers
- 15.4 Type Segmentation and Price Forecast
- Chapter 16 Analysis of Global Key Vendors
- 16.1 GE Vernova
- 16.1.1 Company Profile
- 16.1.2 Main Business and Gas Turbine Information
- 16.1.3 SWOT Analysis of GE Vernova
- 16.1.4 GE Vernova Gas Turbine Sales, Revenue, Price and Gross Margin (2021-2026)
- 16.2 Siemens Energy
- 16.2.1 Company Profile
- 16.2.2 Main Business and Gas Turbine Information
- 16.2.3 SWOT Analysis of Siemens Energy
- 16.2.4 Siemens Energy Gas Turbine Sales, Revenue, Price and Gross Margin (2021-2026)
- 16.3 Mitsubishi Heavy Industries (MHI)
- 16.3.1 Company Profile
- 16.3.2 Main Business and Gas Turbine Information
- 16.3.3 SWOT Analysis of Mitsubishi Heavy Industries (MHI)
- 16.3.4 Mitsubishi Heavy Industries (MHI) Gas Turbine Sales, Revenue, Price and Gross Margin (2021-2026)
- 16.4 Caterpillar
- 16.4.1 Company Profile
- 16.4.2 Main Business and Gas Turbine Information
- 16.4.3 SWOT Analysis of Caterpillar
- 16.4.4 Caterpillar Gas Turbine Sales, Revenue, Price and Gross Margin (2021-2026)
- 16.5 Kawasaki Heavy Industries
- 16.5.1 Company Profile
- 16.5.2 Main Business and Gas Turbine Information
- 16.5.3 SWOT Analysis of Kawasaki Heavy Industries
- 16.5.4 Kawasaki Heavy Industries Gas Turbine Sales, Revenue, Price and Gross Margin (2021-2026)
- 16.6 Dongfang Electric Corporation
- 16.6.1 Company Profile
- 16.6.2 Main Business and Gas Turbine Information
- 16.6.3 SWOT Analysis of Dongfang Electric Corporation
- 16.6.4 Dongfang Electric Corporation Gas Turbine Sales, Revenue, Price and Gross Margin (2021-2026)
- 16.7 Everllence
- 16.7.1 Company Profile
- 16.7.2 Main Business and Gas Turbine Information
- 16.7.3 SWOT Analysis of Everllence
- 16.7.4 Everllence Gas Turbine Sales, Revenue, Price and Gross Margin (2021-2026)
- 16.8 Doosan Enerbility
- 16.8.1 Company Profile
- 16.8.2 Main Business and Gas Turbine Information
- 16.8.3 SWOT Analysis of Doosan Enerbility
- 16.8.4 Doosan Enerbility Gas Turbine Sales, Revenue, Price and Gross Margin (2021-2026)
- 16.9 Ansaldo Energia
- 16.9.1 Company Profile
- 16.9.2 Main Business and Gas Turbine Information
- 16.9.3 SWOT Analysis of Ansaldo Energia
- 16.9.4 Ansaldo Energia Gas Turbine Sales, Revenue, Price and Gross Margin (2021-2026)
- 16.10 Shanghai Electric Group
- 16.10.1 Company Profile
- 16.10.2 Main Business and Gas Turbine Information
- 16.10.3 SWOT Analysis of Shanghai Electric Group
- 16.10.4 Shanghai Electric Group Gas Turbine Sales, Revenue, Price and Gross Margin (2021-2026)
- Please ask for sample pages for full companies list
- Tables and Figures
- Table Abbreviation and Acronyms List
- Table Research Scope of Gas Turbine Report
- Table Data Sources of Gas Turbine Report
- Table Major Assumptions of Gas Turbine Report
- Figure Market Size Estimated Method
- Figure Major Forecasting Factors
- Figure Gas Turbine Picture
- Table Gas Turbine Classification
- Table Gas Turbine Applications List
- Table Drivers of Gas Turbine Market
- Table Restraints of Gas Turbine Market
- Table Opportunities of Gas Turbine Market
- Table Threats of Gas Turbine Market
- Table COVID-19 Impact for Gas Turbine Market
- Table Raw Materials Suppliers List
- Table Different Production Methods of Gas Turbine
- Table Cost Structure Analysis of Gas Turbine
- Table Key End Users List
- Table Latest News of Gas Turbine Market
- Table Merger and Acquisition List
- Table Planned/Future Project of Gas Turbine Market
- Table Policy of Gas Turbine Market
- Table 2021-2031 Regional Export of Gas Turbine
- Table 2021-2031 Regional Import of Gas Turbine
- Table 2021-2031 Regional Trade Balance
- Figure 2021-2031 Regional Trade Balance
- Table 2021-2031 North America Gas Turbine Market Size and Market Volume List
- Figure 2021-2031 North America Gas Turbine Market Size and CAGR
- Figure 2021-2031 North America Gas Turbine Market Volume and CAGR
- Table 2021-2031 North America Gas Turbine Demand List by Application
- Table 2021-2026 North America Gas Turbine Key Players Sales List
- Table 2021-2026 North America Gas Turbine Key Players Market Share List
- Table 2021-2031 North America Gas Turbine Demand List by Type
- Table 2021-2026 North America Gas Turbine Price List by Type
- Table 2021-2031 United States Gas Turbine Market Size and Market Volume List
- Table 2021-2031 United States Gas Turbine Import & Export List
- Table 2021-2031 Canada Gas Turbine Market Size and Market Volume List
- Table 2021-2031 Canada Gas Turbine Import & Export List
- Table 2021-2031 Mexico Gas Turbine Market Size and Market Volume List
- Table 2021-2031 Mexico Gas Turbine Import & Export List
- Table 2021-2031 South America Gas Turbine Market Size and Market Volume List
- Figure 2021-2031 South America Gas Turbine Market Size and CAGR
- Figure 2021-2031 South America Gas Turbine Market Volume and CAGR
- Table 2021-2031 South America Gas Turbine Demand List by Application
- Table 2021-2026 South America Gas Turbine Key Players Sales List
- Table 2021-2026 South America Gas Turbine Key Players Market Share List
- Table 2021-2031 South America Gas Turbine Demand List by Type
- Table 2021-2026 South America Gas Turbine Price List by Type
- Table 2021-2031 Brazil Gas Turbine Market Size and Market Volume List
- Table 2021-2031 Brazil Gas Turbine Import & Export List
- Table 2021-2031 Argentina Gas Turbine Market Size and Market Volume List
- Table 2021-2031 Argentina Gas Turbine Import & Export List
- Table 2021-2031 Chile Gas Turbine Market Size and Market Volume List
- Table 2021-2031 Chile Gas Turbine Import & Export List
- Table 2021-2031 Peru Gas Turbine Market Size and Market Volume List
- Table 2021-2031 Peru Gas Turbine Import & Export List
- Table 2021-2031 Asia & Pacific Gas Turbine Market Size and Market Volume List
- Figure 2021-2031 Asia & Pacific Gas Turbine Market Size and CAGR
- Figure 2021-2031 Asia & Pacific Gas Turbine Market Volume and CAGR
- Table 2021-2031 Asia & Pacific Gas Turbine Demand List by Application
- Table 2021-2026 Asia & Pacific Gas Turbine Key Players Sales List
- Table 2021-2026 Asia & Pacific Gas Turbine Key Players Market Share List
- Table 2021-2031 Asia & Pacific Gas Turbine Demand List by Type
- Table 2021-2026 Asia & Pacific Gas Turbine Price List by Type
- Table 2021-2031 China Gas Turbine Market Size and Market Volume List
- Table 2021-2031 China Gas Turbine Import & Export List
- Table 2021-2031 India Gas Turbine Market Size and Market Volume List
- Table 2021-2031 India Gas Turbine Import & Export List
- Table 2021-2031 Japan Gas Turbine Market Size and Market Volume List
- Table 2021-2031 Japan Gas Turbine Import & Export List
- Table 2021-2031 South Korea Gas Turbine Market Size and Market Volume List
- Table 2021-2031 South Korea Gas Turbine Import & Export List
- Table 2021-2031 Southeast Asia Gas Turbine Market Size List
- Table 2021-2031 Southeast Asia Gas Turbine Market Volume List
- Table 2021-2031 Southeast Asia Gas Turbine Import List
- Table 2021-2031 Southeast Asia Gas Turbine Export List
- Table 2021-2031 Australia Gas Turbine Market Size and Market Volume List
- Table 2021-2031 Australia Gas Turbine Import & Export List
- Table 2021-2031 Europe Gas Turbine Market Size and Market Volume List
- Figure 2021-2031 Europe Gas Turbine Market Size and CAGR
- Figure 2021-2031 Europe Gas Turbine Market Volume and CAGR
- Table 2021-2031 Europe Gas Turbine Demand List by Application
- Table 2021-2026 Europe Gas Turbine Key Players Sales List
- Table 2021-2026 Europe Gas Turbine Key Players Market Share List
- Table 2021-2031 Europe Gas Turbine Demand List by Type
- Table 2021-2026 Europe Gas Turbine Price List by Type
- Table 2021-2031 Germany Gas Turbine Market Size and Market Volume List
- Table 2021-2031 Germany Gas Turbine Import & Export List
- Table 2021-2031 France Gas Turbine Market Size and Market Volume List
- Table 2021-2031 France Gas Turbine Import & Export List
- Table 2021-2031 United Kingdom Gas Turbine Market Size and Market Volume List
- Table 2021-2031 United Kingdom Gas Turbine Import & Export List
- Table 2021-2031 Italy Gas Turbine Market Size and Market Volume List
- Table 2021-2031 Italy Gas Turbine Import & Export List
- Table 2021-2031 Spain Gas Turbine Market Size and Market Volume List
- Table 2021-2031 Spain Gas Turbine Import & Export List
- Table 2021-2031 Belgium Gas Turbine Market Size and Market Volume List
- Table 2021-2031 Belgium Gas Turbine Import & Export List
- Table 2021-2031 Netherlands Gas Turbine Market Size and Market Volume List
- Table 2021-2031 Netherlands Gas Turbine Import & Export List
- Table 2021-2031 Austria Gas Turbine Market Size and Market Volume List
- Table 2021-2031 Austria Gas Turbine Import & Export List
- Table 2021-2031 Poland Gas Turbine Market Size and Market Volume List
- Table 2021-2031 Poland Gas Turbine Import & Export List
- Table 2021-2031 Russia Gas Turbine Market Size and Market Volume List
- Table 2021-2031 Russia Gas Turbine Import & Export List
- Table 2021-2031 MEA Gas Turbine Market Size and Market Volume List
- Figure 2021-2031 MEA Gas Turbine Market Size and CAGR
- Figure 2021-2031 MEA Gas Turbine Market Volume and CAGR
- Table 2021-2031 MEA Gas Turbine Demand List by Application
- Table 2021-2026 MEA Gas Turbine Key Players Sales List
- Table 2021-2026 MEA Gas Turbine Key Players Market Share List
- Table 2021-2031 MEA Gas Turbine Demand List by Type
- Table 2021-2026 MEA Gas Turbine Price List by Type
- Table 2021-2031 Egypt Gas Turbine Market Size and Market Volume List
- Table 2021-2031 Egypt Gas Turbine Import & Export List
- Table 2021-2031 Israel Gas Turbine Market Size and Market Volume List
- Table 2021-2031 Israel Gas Turbine Import & Export List
- Table 2021-2031 South Africa Gas Turbine Market Size and Market Volume List
- Table 2021-2031 South Africa Gas Turbine Import & Export List
- Table 2021-2031 Gulf Cooperation Council Countries Gas Turbine Market Size and Market Volume List
- Table 2021-2031 Gulf Cooperation Council Countries Gas Turbine Import & Export List
- Table 2021-2031 Turkey Gas Turbine Market Size and Market Volume List
- Table 2021-2031 Turkey Gas Turbine Import & Export List
- Table 2021-2026 Global Gas Turbine Market Size List by Region
- Table 2021-2026 Global Gas Turbine Market Size Share List by Region
- Table 2021-2026 Global Gas Turbine Market Volume List by Region
- Table 2021-2026 Global Gas Turbine Market Volume Share List by Region
- Table 2021-2026 Global Gas Turbine Demand List by Application
- Table 2021-2026 Global Gas Turbine Demand Market Share List by Application
- Table 2021-2026 Global Gas Turbine Key Vendors Sales List
- Table 2021-2026 Global Gas Turbine Key Vendors Sales Share List
- Figure 2021-2026 Global Gas Turbine Market Volume and Growth Rate
- Table 2021-2026 Global Gas Turbine Key Vendors Revenue List
- Figure 2021-2026 Global Gas Turbine Market Size and Growth Rate
- Table 2021-2026 Global Gas Turbine Key Vendors Revenue Share List
- Table 2021-2026 Global Gas Turbine Demand List by Type
- Table 2021-2026 Global Gas Turbine Demand Market Share List by Type
- Table 2021-2026 Regional Gas Turbine Price List
- Table 2026-2031 Global Gas Turbine Market Size List by Region
- Table 2026-2031 Global Gas Turbine Market Size Share List by Region
- Table 2026-2031 Global Gas Turbine Market Volume List by Region
- Table 2026-2031 Global Gas Turbine Market Volume Share List by Region
- Table 2026-2031 Global Gas Turbine Demand List by Application
- Table 2026-2031 Global Gas Turbine Demand Market Share List by Application
- Table 2026-2031 Global Gas Turbine Key Vendors Sales List
- Table 2026-2031 Global Gas Turbine Key Vendors Sales Share List
- Figure 2026-2031 Global Gas Turbine Market Volume and Growth Rate
- Table 2026-2031 Global Gas Turbine Key Vendors Revenue List
- Figure 2026-2031 Global Gas Turbine Market Size and Growth Rate
- Table 2026-2031 Global Gas Turbine Key Vendors Revenue Share List
- Table 2026-2031 Global Gas Turbine Demand List by Type
- Table 2026-2031 Global Gas Turbine Demand Market Share List by Type
- Table 2026-2031 Gas Turbine Regional Price List
- Table GE Vernova Information
- Table SWOT Analysis of GE Vernova
- Table 2021-2026 GE Vernova Gas Turbine Sale Volume Price Cost Revenue
- Figure 2021-2026 GE Vernova Gas Turbine Sale Volume and Growth Rate
- Figure 2021-2026 GE Vernova Gas Turbine Market Share
- Table Siemens Energy Information
- Table SWOT Analysis of Siemens Energy
- Table 2021-2026 Siemens Energy Gas Turbine Sale Volume Price Cost Revenue
- Figure 2021-2026 Siemens Energy Gas Turbine Sale Volume and Growth Rate
- Figure 2021-2026 Siemens Energy Gas Turbine Market Share
- Table Mitsubishi Heavy Industries (MHI) Information
- Table SWOT Analysis of Mitsubishi Heavy Industries (MHI)
- Table 2021-2026 Mitsubishi Heavy Industries (MHI) Gas Turbine Sale Volume Price Cost Revenue
- Figure 2021-2026 Mitsubishi Heavy Industries (MHI) Gas Turbine Sale Volume and Growth Rate
- Figure 2021-2026 Mitsubishi Heavy Industries (MHI) Gas Turbine Market Share
- Table Caterpillar Information
- Table SWOT Analysis of Caterpillar
- Table 2021-2026 Caterpillar Gas Turbine Sale Volume Price Cost Revenue
- Figure 2021-2026 Caterpillar Gas Turbine Sale Volume and Growth Rate
- Figure 2021-2026 Caterpillar Gas Turbine Market Share
- Table Kawasaki Heavy Industries Information
- Table SWOT Analysis of Kawasaki Heavy Industries
- Table 2021-2026 Kawasaki Heavy Industries Gas Turbine Sale Volume Price Cost Revenue
- Figure 2021-2026 Kawasaki Heavy Industries Gas Turbine Sale Volume and Growth Rate
- Figure 2021-2026 Kawasaki Heavy Industries Gas Turbine Market Share
- Table Dongfang Electric Corporation Information
- Table SWOT Analysis of Dongfang Electric Corporation
- Table 2021-2026 Dongfang Electric Corporation Gas Turbine Sale Volume Price Cost Revenue
- Figure 2021-2026 Dongfang Electric Corporation Gas Turbine Sale Volume and Growth Rate
- Figure 2021-2026 Dongfang Electric Corporation Gas Turbine Market Share
- Table Everllence Information
- Table SWOT Analysis of Everllence
- Table 2021-2026 Everllence Gas Turbine Sale Volume Price Cost Revenue
- Figure 2021-2026 Everllence Gas Turbine Sale Volume and Growth Rate
- Figure 2021-2026 Everllence Gas Turbine Market Share
- Table Doosan Enerbility Information
- Table SWOT Analysis of Doosan Enerbility
- Table 2021-2026 Doosan Enerbility Gas Turbine Sale Volume Price Cost Revenue
- Figure 2021-2026 Doosan Enerbility Gas Turbine Sale Volume and Growth Rate
- Figure 2021-2026 Doosan Enerbility Gas Turbine Market Share
- Table Ansaldo Energia Information
- Table SWOT Analysis of Ansaldo Energia
- Table 2021-2026 Ansaldo Energia Gas Turbine Sale Volume Price Cost Revenue
- Figure 2021-2026 Ansaldo Energia Gas Turbine Sale Volume and Growth Rate
- Figure 2021-2026 Ansaldo Energia Gas Turbine Market Share
- Table Shanghai Electric Group Information
- Table SWOT Analysis of Shanghai Electric Group
- Table 2021-2026 Shanghai Electric Group Gas Turbine Sale Volume Price Cost Revenue
- Figure 2021-2026 Shanghai Electric Group Gas Turbine Sale Volume and Growth Rate
- Figure 2021-2026 Shanghai Electric Group Gas Turbine Market Share
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