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Gas Turbine Market Size, Share & Trends Analysis Report By Capacity (200 MW, >200 MW), By End-use (Industrial, Power & Utility), By Technology (Combined Cycle, Open Cycle), By Region, And Segment Forecasts, 2023 - 2030

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  • 132 Pages
  • May 2023
  • Region: Global
  • Grand View Research
  • ID: 4613438
Description Jump to:

The global gas turbine market size is projected to reach USD 13.98 billion by 2030, registering a CAGR of 4.6% over the forecast period. Supportive policies majorly determine the increasing demand for gas turbines in developing markets, such as Combined Heat and Power (CHP) support scheme executed by Germany. Rapid technological advancements in the energy industry, combined with a shift in focus toward distributed power production technologies, are propelling the worldwide market forward. The industry is predicted to expand rapidly over the forecast period owing to government backing for power production technologies that minimize Carbon Dioxide (CO2) emissions around the world.



>200 MW emerged as a significant capacity segment with a revenue share of more than 73.0% in 2022. It is also estimated to be the fastest-growing segment over the forecast period. The rising power generation operations around the world, as well as the move from coal to gas-based power plants in some of the world's major countries, are driving demand in this category. The combined cycle turbines segment accounted for the largest revenue share of approximately 72.0% in 2022 and is anticipated to continue its dominance throughout the forecast period. This technology category is expected to increase at a faster rate in the coming years. These turbines use less fuel to produce the same amount of energy and eliminate transmission and distribution losses.

The power & utility segment accounted for the largest revenue share of approximately 87.0% in 2022. Increased demand for power generation is being driven by the expansion in population and urbanization around the world, which is boosting the use of gas turbines in the power and utility sectors. Led by China, Japan, Indonesia, Thailand, and India, Asia Pacific emerged as the largest regional market in 2022 with a share of more than 37.0% of the overall revenue. The region is also estimated to register the fastest CAGR over the forecast period. The region's need for electricity is being driven by rapid urbanization and the emergence of a middle-class population. The rising demand for LNG is primarily driven by the shale gas reserve and technological development in extraction and mining technology, which are consistently lowering the operational cost of gas extraction in the region.

Gas Turbine Market Report Highlights

  • In 2022, power & utility emerged as the largest application segment and accounted for a 90.0% share of the overall revenue. The increasing investments and new installations are resulting in a high share of distributed power in the global energy mix hence propelling the market
  • The >200 MW capacity segment is expected to register a CAGR of 4.0% over the forecast period owing to the growing electricity generation activities across the world
  • In 2022, the combined cycle application segment accounted for more than 87.85% share of the overall revenue due to the high demand for open cycle gas turbine technology
  • Saudi Arabia is the major end-user of gas turbines in the MEA region. This has led to a rise in the number of gas turbine providers in the country, which are working toward enhancing their market share in the country
  • Major OEMs, such as Siemens Energy, General Electric, and Mitsubishi Power, Ltd., provide gas turbines. For instance, in April 2023, Mitsubishi Power completed the construction of the fifth M701JAC Gas Turbine in the Thailand GTCC Power Plant Project
  • North America is projected to grow at a significant CAGR over the forecast period. The region has witnessed large-scale commissioning of gas-based power

Table of Contents

Chapter 1 Methodology & Scope
1.1 Market Segmentation & Scope
1.2 Market Definitions
1.3 Information Procurement
1.3.1 Purchased Database
1.3.2 Internal Database
1.3.3 Secondary Sources
1.3.4 Third Party Perspective
1.3.5 Primary Research
1.4 Information Analysis
1.4.1 Data Analysis Models
1.5 Market Formulation and Data Visualization
1.6 Data Validation and Publishing
Chapter 2 Executive Summary
2.1 Market Snapshot
2.2 Segment Snapshot
2.3 Segment Snapshot
2.4 Competitive Landscape Snapshot
Chapter 3 Market Variables, Trends, & Scope
3.1 Penetration & Growth Prospect Mapping
3.2 Industry Value Chain Analysis
3.3 Regulatory Framework
3.3.1 Policies and Plans by Major Countries
3.3.2 Standards & Compliances
3.3.3 Emission Standards & Compliances
3.4 Market Dynamics
3.4.1 Market Driver Impact Analysis
3.4.1.1 Growing Demand for Power Generation Through Clean Energy Sources
3.4.1.2 Reduction in Natural Gas Prices
3.4.2 Market Restraint Impact Analysis
3.4.2.1 Limited Natural Gas Reserves
3.4.3 Industry Challenges
3.4.4 Industry Opportunities
3.5 Business Environment Analysis: Gas Turbine Market
3.5.1 Industry Analysis - Porter’s
3.5.2 Macro Economic Environment Analysis
Chapter 4 Gas Turbine Market: Capacity Estimates & Trend Analysis
4.1 Capacity Movement Analysis & Market Share, 2022 & 2030
4.2 Capacity Movement Analysis & Market Share, 2022 & 2030
4.3 Gas Turbine Market Estimates & Forecast, By Capacity (USD Million) (MW)
4.3.1 =200 MW
4.3.2 >200 MW
Chapter 5 Gas Turbine Market: Technology Estimates & Trend Analysis
5.1 Technology Movement Analysis & Market Share, 2022 & 2030
5.2 Technology Movement Analysis & Market Share, 2022 & 2030
5.3 Gas Turbine Market Estimates & Forecast, By Technology (USD Million) (MW)
5.3.1 Open Cycle
5.3.2 Combined Cycle
Chapter 6 Gas Turbine Market: End Use Estimates & Trend Analysis
6.1 End Use Movement Analysis & Market Share, 2022 & 2030
6.2 End Use Movement Analysis & Market Share, 2022 & 2030
6.3 Gas Turbine Market Estimates & Forecast, by End Use (USD Million)
6.4 Gas Turbine Market Estimates & Forecast, by End Use (MW)
6.4.1 Power and Utility
6.4.2 Industrial
Chapter 7 Power & Utility Gas Turbine Market: Application Estimates & Trend Analysis
7.1 Power & Utility Application Movement Analysis & Market Share, 2022 & 2030
7.2 Power & Utility Application Movement Analysis & Market Share, 2022 & 2030
7.3 Power & Utility Gas Turbine Market Estimates & Forecast, by Application (USD Million) (MW)
7.4 Power & Utility Gas Turbine Market Estimates & Forecast, by Application (MW)
7.4.1 Oil and Gas
7.4.2 Power Generation
7.4.3 Marine
7.4.4 Aerospace
7.4.5 Process Plants
Chapter 8 Gas Turbine Market: Regional Estimates & Trend Analysis
8.1 Gas Turbine Market: Regional Outlook
8.2 North America
8.2.1 North America Gas Turbine Market Estimates & Forecasts, 2018 - 2030 (USD Million) (MW)
8.2.2 U.S.
8.2.2.1 Key country dynamics
8.2.2.2 U.S. Gas Turbine Market Estimates & Forecasts, 2018 - 2030 (USD Million) (MW)
8.2.3 Canada
8.2.3.1 Key country dynamics
8.2.3.2 Canada Gas Turbine Market Estimates & Forecasts, 2018 - 2030 (USD Million) (MW)
8.2.4 Mexico
8.2.4.1 Key country dynamics
8.2.4.2 Mexico Gas Turbine Market estimates & Forecasts, 2018 - 2030 (USD Million) (MW)
8.3 Europe
8.3.1 Europe Gas Turbine Market Estimates & Forecasts, 2018 - 2030 (USD Million) (MW)
8.3.2 Germany
8.3.2.1 Key country dynamics
8.3.2.2 Germany Gas Turbine Market estimates & Forecasts, 2018 - 2030 (USD Million) (MW)
8.3.3 UK
8.3.3.1 Key country dynamics
8.3.3.2 UK Gas Turbine Market estimates & Forecasts, 2018 - 2030 (USD Million) (MW)
8.3.4 France
8.3.4.1 Key country dynamics
8.3.4.2 France Gas Turbine Market estimates & Forecasts, 2018 - 2030 (USD Million) (MW)
8.3.5 Italy
8.3.5.1 Key country dynamics
8.3.5.2 Italy Gas Turbine Market estimates & Forecasts, 2018 - 2030 (USD Million) (MW)
8.3.6 Spain
8.3.6.1 Key country dynamics
8.3.6.2 Spain Gas Turbine Market Estimates & Forecasts, 2018 - 2030 (USD Million) (MW)
8.4 Asia Pacific
8.4.1 Asia Pacific Gas Turbine market estimates & Forecasts, 2018 - 2030 (USD Million) (MW)
8.4.2 China
8.4.2.1 Key country dynamics
8.4.2.2 China Gas Turbine market estimates & Forecasts, 2018 - 2030 (USD Million) (MW)
8.4.3 Japan
8.4.3.1 Key country dynamics
8.4.3.2 Japan Gas Turbine market estimates & Forecasts, 2018 - 2030 (USD Million) (MW)
8.4.4 South Korea
8.4.4.1 Key country dynamics
8.4.4.2 South Korea Gas Turbine market estimates & Forecasts, 2018 - 2030 (USD Million) (MW)
8.4.5 India
8.4.5.1 Key country dynamics
8.4.5.2 India Gas Turbine market estimates & Forecasts, 2018 - 2030 (USD Million) (MW)
8.4.6 Australia
8.4.6.1 Key country dynamics
8.4.6.2 Australia Gas Turbine market estimates & Forecasts, 2018 - 2030 (USD Million) (MW)
8.5 Central and South America
8.5.1 Central and South America Gas Turbine Market estimates & Forecasts, 2018 - 2030 (USD Million) (MW)
8.5.2 Brazil
8.5.2.1 Key country dynamics
8.5.2.2 Brazil Gas Turbine Market estimates & Forecasts, 2018 - 2030 (USD Million) (MW)
8.5.3 Argentina
8.5.3.1 Key country dynamics
8.5.3.2 Argentina Gas Turbine Market estimates & Forecasts, 2018 - 2030 (USD Million) (MW)
8.6 Middle East and Africa
8.6.1 Middle East and Africa Gas Turbine Market estimates & Forecasts, 2018 - 2030 (USD Million) (MW)
8.6.2 U.A.E.
8.6.2.1 Key country dynamics
8.6.2.2 U.A.E. Gas Turbine Market estimates & Forecasts, 2018 - 2030 (USD Million) (MW)
8.6.3 Saudi Arabia
8.6.3.1 Key country dynamics
8.6.3.2 Saudi Arabia Gas Turbine Market estimates & Forecasts, 2018 - 2030 (USD Million) (MW)
8.6.4 South Africa
8.6.4.1 Key country dynamics
8.6.4.2 South Africa Gas Turbine Market estimates & Forecasts, 2018 - 2030 (USD Million) (MW)
Chapter 9 Gas Turbine Market: Competitive Landscape
9.1 Recent Developments & Impact Analysis, by Key Market Participant
9.2 Company Categorization
9.3 Participant’s Overview
9.3 Participant’s Overview
9.3.1 Ansaldo Energia
9.3.2 Bharat Heavy Electricals Ltd.
9.3.3 Centrax Gas Turbines
9.3.4 General Electric
9.3.5 Kawasaki Heavy Industries, Ltd.
9.3.6 MAN Energy Solutions
9.3.7 Mitsubishi Power, Ltd.
9.3.8 OPRA Turbines
9.3.9 Siemens Energy
9.3.10 Solar Turbines Inc.
9.4 Financial Performance
9.5 Product Benchmarking
9.6 Company Market Positioning
9.7 Company Market Share Analysis, 2022
9.8 Company Heat Map Analysis
9.9 Strategy Mapping
9.9.1 Accomplishment
9.9.2 expansion
9.9.3 mergers & acquisition
9.9.4 New Facility/Launch
9.9.5 Partnership/JV
9.9.6 Purchase Agreement/ New Order
9.9.7 research & Development
9.10 List of potential customers by country
List of Tables
1. Gas Turbine market estimates and forecasts, in Capacity, 2018 - 2030 (MW) (USD Million)
2. Gas Turbine market estimates and forecasts, in Technology, 2018 - 2030 (MW) (USD Million)
3. Gas Turbine market estimates and forecasts, in End Use, 2018 - 2030 (MW) (USD Million)
4. North America Gas Turbine market estimates and forecasts, 2018 - 2030 (MW) (USD Million)
5. North America Gas Turbine market by Capacity, 2018 - 2030 (MW) (USD Million)
6. North America Gas Turbine market by Technology, 2018 - 2030 (MW) (USD Million)
7. North America Gas Turbine market by End Use, 2018 - 2030 (MW) (USD Million)
8. U.S. Gas Turbine market by Capacity, 2018 - 2030 (MW) (USD Million)
9. U.S. Gas Turbine market by Technology, 2018 - 2030 (MW) (USD Million)
10. U.S. Gas Turbine market revenue, by End Use, 2018 - 2030 (MW) (USD Million)
11. Canada Gas Turbine market by Capacity, 2018 - 2030 (MW) (USD Million)
12. Canada Gas Turbine market by Technology, 2018 - 2030 (MW) (USD Million)
13. Canada Gas Turbine market revenue, by End Use, 2018 - 2030 (MW) (USD Million)
14. Mexico Gas Turbine market by Capacity, 2018 - 2030 (MW) (USD Million)
15. Mexico Gas Turbine market by Technology, 2018 - 2030 (MW) (USD Million)
16. Mexico Gas Turbine market revenue, by End Use, 2018 - 2030 (MW) (USD Million)
17. Europe Gas Turbine market by Capacity, 2018 - 2030 (MW) (USD Million)
18. Europe Gas Turbine market by Technology, 2018 - 2030 (MW) (USD Million)
19. Europe Gas Turbine market revenue, by End Use, 2018 - 2030 (MW) (USD Million)
20. Germany Gas Turbine market by Capacity, 2018 - 2030 (MW) (USD Million)
21. Germany Gas Turbine market by Technology, 2018 - 2030 (MW) (USD Million)
22. Germany Gas Turbine market revenue, by End Use, 2018 - 2030 (MW) (USD Million)
23. UK Gas Turbine market by Capacity, 2018 - 2030 (MW) (USD Million)
24. UK Gas Turbine market by Technology, 2018 - 2030 (MW) (USD Million)
25. UK Gas Turbine market revenue, by End Use, 2018 - 2030 (MW) (USD Million)
26. France Gas Turbine market by Capacity, 2018 - 2030 (MW) (USD Million)
27. France Gas Turbine market by Technology, 2018 - 2030 (MW) (USD Million)
28. France Gas Turbine market revenue, by End Use, 2018 - 2030 (MW) (USD Million)
29. Italy Gas Turbine market by Capacity, 2018 - 2030 (MW) (USD Million)
30. Italy Gas Turbine market by Technology, 2018 - 2030 (MW) (USD Million)
31. Italy Gas Turbine market revenue, by End Use, 2018 - 2030 (MW) (USD Million)
32. Spain Gas Turbine market by Capacity, 2018 - 2030 (MW) (USD Million)
33. Spain Gas Turbine market by Technology, 2018 - 2030 (MW) (USD Million)
34. Spain Gas Turbine market revenue, by End Use, 2018 - 2030 (MW) (USD Million)
35. Asia Pacific Gas Turbine market by Capacity, 2018 - 2030 (MW) (USD Million)
36. Asia Pacific Gas Turbine market by Technology, 2018 - 2030 (MW) (USD Million)
37. Asia Pacific Gas Turbine market revenue, by End Use, 2018 - 2030 (MW) (USD Million)
38. China Gas Turbine market by Capacity, 2018 - 2030 (MW) (USD Million)
39. China Gas Turbine market by Technology, 2018 - 2030 (MW) (USD Million)
40. China Gas Turbine market revenue, by End Use, 2018 - 2030 (MW) (USD Million)
41. India Gas Turbine market by Capacity, 2018 - 2030 (MW) (USD Million)
42. India Gas Turbine market by Technology, 2018 - 2030 (MW) (USD Million)
43. India Gas Turbine market revenue, by End Use, 2018 - 2030 (MW) (USD Million)
44. Japan Gas Turbine market by Capacity, 2018 - 2030 (MW) (USD Million)
45. Japan Gas Turbine market by Technology, 2018 - 2030 (MW) (USD Million)
46. Japan Gas Turbine market revenue, by End Use, 2018 - 2030 (MW) (USD Million)
47. South Korea Gas Turbine market by Capacity, 2018 - 2030 (MW) (USD Million)
48. South Korea Gas Turbine market by Technology, 2018 - 2030 (MW) (USD Million)
49. South Korea Gas Turbine market revenue, by End Use, 2018 - 2030 (MW) (USD Million)
50. Australia Gas Turbine market by Capacity, 2018 - 2030 (MW) (USD Million)
51. Australia Gas Turbine market by Technology, 2018 - 2030 (MW) (USD Million)
52. Australia Gas Turbine market revenue, by End Use, 2018 - 2030 (MW) (USD Million)
53. Central And South America Gas Turbine market by Capacity, 2018 - 2030 (MW) (USD Million)
54. Central And South America Gas Turbine market by Technology, 2018 - 2030 (MW) (USD Million)
55. Central And South America Gas Turbine market revenue, by End Use, 2018 - 2030 (MW) (USD Million)
56. Brazil Gas Turbine market by Capacity, 2018 - 2030 (MW) (USD Million)
57. Brazil Gas Turbine market by Technology, 2018 - 2030 (MW) (USD Million)
58. Brazil Gas Turbine market revenue, by End Use, 2018 - 2030 (MW) (USD Million)
59. Argentina Gas Turbine market by Capacity, 2018 - 2030 (MW) (USD Million)
60. Argentina Gas Turbine market by Technology, 2018 - 2030 (MW) (USD Million)
61. Argentina Gas Turbine market revenue, by End Use, 2018 - 2030 (MW) (USD Million)
62. Middle East & Africa Gas Turbine market by Capacity, 2018 - 2030 (MW) (USD Million)
63. Middle East & Africa Gas Turbine market by Technology, 2018 - 2030 (MW) (USD Million)
64. Middle East & Africa Gas Turbine market revenue, by End Use, 2018 - 2030 (MW) (USD Million)
65. UAE Gas Turbine market by Capacity, 2018 - 2030 (MW) (USD Million)
66. UAE Gas Turbine market by Technology, 2018 - 2030 (MW) (USD Million)
67. UAE Gas Turbine market revenue, by End Use, 2018 - 2030 (MW) (USD Million)
68. Saudi Arabia Gas Turbine market by Capacity, 2018 - 2030 (MW) (USD Million)
69. Saudi Arabia Gas Turbine market by Technology, 2018 - 2030 (MW) (USD Million)
70. Saudi Arabia Gas Turbine market revenue, by End Use, 2018 - 2030 (MW) (USD Million)
71. South Africa Gas Turbine market by Capacity, 2018 - 2030 (MW) (USD Million)
72. South Africa Gas Turbine market by Technology, 2018 - 2030 (MW) (USD Million)
73. South Africa Gas Turbine market revenue, by End Use, 2018 - 2030 (MW) (USD Million)
List of Figures
1 Gas Turbine Market Segmentation
2 Information procurement
3 Primary research pattern
4 Primary research process
5 Primary research approaches
6 Market Snapshot
7 Segment Snapshot
8 Segment Snapshot
9 Competitive Landscape Snapshot
10 Global Gas Turbine Market Value, 2022 (USD Million)
11 Gas Turbine Market - Industry Value Chain Analysis
12 Gas Turbine Market - Market Dynamics
13 Global Energy Generation by Coal and Natural Gas of Installed Renewable Energy Capacity (MW) (2015-2021)
14 Henry Hub natural gas prices 2008-2023 ( USD per/mmBtu)
15 Percentage of Natural Gas Reserves by country
16 Gas Turbine Market - Porter’s Analysis
17 Gas Turbine Market - Macro Economic Environment Analysis
18 Gas Turbine Market, by Capacity: Key Takeaways
19 Gas Turbine Market, by Capacity: Revenue Market Share, 2022 & 2030
20 Gas Turbine Market, by Capacity: Volume Market Share, 2022 & 2030
21 =200 MW market estimates & forecasts, 2018 - 2030 (USD Million) (MW)
22 >200 MW market estimates & forecasts, 2018 - 2030 (USD Million) (MW)
23 Gas Turbine Market, by Technology: Key Takeaways
24 Gas Turbine Market, by Technology: Revenue Market Share, 2022 & 2030
25 Gas Turbine Market, by Technology: Volume Market Share, 2022 & 2030
26 Open Cycle market estimates & forecasts, 2018 - 2030 (USD Million) (MW)
27 Combined Cycle market estimates & forecasts, 2018 - 2030 (USD Million) (MW)
28 Gas Turbine Market, by End Use: Key Takeaways
29 Gas Turbine Market Revenue Share, by End Use, 2022 & 2030 (%)
30 Gas Turbine Market Revenue Share, by End Use, 2022 & 2030 (%)
31 Power and Utility Gas Turbine Market Estimates & Forecasts, 2018 - 2030 (USD Million) (MW)
32 Industrial Gas Turbine Market Estimates & Forecasts, 2018 - 2030 (USD Million) (MW)
33 Power & Utility Gas Turbine Market, by Application: Key Takeaways
34 Power & Utility Gas Turbine Market Volume Share, by Application, 2022 & 2030 (%)
35 Power & Utility Gas Turbine Market Revenue Share, by Application, 2022 & 2030 (%)
36 Oil and Gas Power & Utility Gas Turbine Market Estimates & Forecasts, 2018 - 2030 (USD Million) (MW)
37 Power Generation Power & Utility Gas Turbine Market Estimates & Forecasts, 2018 - 2030 (USD Million) (MW)
38 Marine Power & Utility Gas Turbine Market Estimates & Forecasts, 2018 - 2030 (USD Million) (MW)
39 Aerospace Power & Utility Gas Turbine Market Estimates & Forecasts, 2018 - 2030 (USD Million) (MW)
40 Process Plants Power & Utility Gas Turbine Market Estimates & Forecasts, 2018 - 2030 (USD Million) (MW)
41 Gas Turbine Market revenue, by region, 2022 & 2030, (USD Million) (MW)
42 Regional Marketplace: Key Takeaways
43 Regional marketplace: Key Takeaways
44 North America Gas Turbine Market Estimates & Forecasts, 2018 - 2030 (USD Million) (MW)
45 U.S. Gas Turbine Market Estimates & Forecasts, 2018 - 2030 (USD Million) (MW)
46 Canada Gas Turbine Market Estimates & Forecasts, 2018 - 2030 (USD Million) (MW)
47 Mexico Gas Turbine Market Estimates & Forecasts, 2018 - 2030 (USD Million) (MW)
48 Europe Gas Turbine Market Estimates & Forecasts, 2018 - 2030 (USD Million) (MW)
49 Germany Gas Turbine Market Estimates & Forecasts, 2018 - 2030 (USD Million) (MW)
50 UK Gas Turbine Market Estimates & Forecasts, 2018 - 2030 (USD Million) (MW)
51 France Gas Turbine Market Estimates & Forecasts, 2018 - 2030 (USD Million) (MW)
52 Italy Gas Turbine Market Estimates & Forecasts, 2018 - 2030 (USD Million) (MW)
53 Spain Gas Turbine Market Estimates & Forecasts, 2018 - 2030 (USD Million) (MW)
54 Asia Pacific Gas Turbine market estimates & forecast, 2018 - 2030 (USD Million) (MW)
55 China Gas Turbine market estimates & forecast, 2018 - 2030 (USD Million) (MW)
56 Japan Gas Turbine market estimates & forecast, 2018 - 2030 (USD Million) (MW)
57 South Korea Gas Turbine market estimates & forecast, 2018 - 2030 (USD Million) (MW)
58 India Gas Turbine market estimates & forecast, 2018 - 2030 (USD Million) (MW)
59 Australia Gas Turbine market estimates & forecast, 2018 - 2030 (USD Million) (MW)
60 Central and South America Gas Turbine Market Estimates & Forecasts, 2018 - 2030 (USD Million) (MW)
61 Brazil Gas Turbine Market Estimates & Forecasts, 2018 - 2030 (USD Million) (MW)
62 Argentina Gas Turbine Market Estimates & Forecasts, 2018 - 2030 (USD Million) (MW)
63 Middle East and Africa Gas Turbine Market Estimates & Forecasts, 2018 - 2030 (USD Million) (MW)
64 U.A.E. Gas Turbine Market Estimates & Forecasts, 2018 - 2030 (USD Million) (MW)
65 Saudi Arabia Gas Turbine Market Estimates & Forecasts, 2018 - 2030 (USD Million) (MW)
66 South Africa Gas Turbine Market Estimates & Forecasts, 2018 - 2030 (USD Million) (MW)
67 Key Company Categorization
68 Company Market Positioning
69 Company Market Share Analysis, 2022
70 Strategic Framework

Companies Mentioned

  • Ansaldo Energia
  • Bharat Heavy Electricals Ltd.
  • Centrax Gas Turbines
  • General Electric
  • Kawasaki Heavy Industries, Ltd.
  • MAN Energy Solutions
  • Mitsubishi Power, Ltd.
  • OPRA Turbines
  • Siemens Energy
  • Solar Turbines Inc.

Methodology

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Table Information

Report AttributeDetails
No. of Pages132
PublishedMay 2023
Forecast Period2022 - 2030
Estimated Market Value ( USD ) in 2022 $ 9721.52 Million
Forecasted Market Value ( USD ) by 2030 $ 13980 Million
Compound Annual Growth Rate4.6%
Regions CoveredGlobal
No. of Companies Mentioned10

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