APO RESEARCH · REPORT
Gas Turbine
A gas turbine, also called a combustion turbine, is a type of internal combustion engine. It has an upstream rotating compressor coupled to a downstream turbine, and a combustion chamber or area, called a combustor, in between.
Product & engineering
Understand the product.
A gas turbine, also called a combustion turbine, is a type of internal combustion engine. It has an upstream rotating compressor coupled to a downstream turbine, and a combustion chamber or area, called a combustor, in between.
Selected research
Market Structure
Global Gas Turbine Market by Size, by Type, by Application, by Region, History and Forecast 2021-2032
Market perspective
A gas turbine, also called a combustion turbine, is a type of internal combustion engine. It has an upstream rotating compressor coupled to a downstream turbine, and a combustion chamber or area, called a combustor, in between.
Global Gas Turbine key players include GE, Siemens, Mitsubishi-Hitachi, Alstom, Solar Turbines, etc. Global top five players hold a share about 80%.
Europe is the largest market, with a share about 40%, followed by North America and China, having a total share about 40 percent.
Read the full market overview
In terms of product, Heavy Duty Gas Turbine is the largest segment, with a share about 63%. And in terms of application, the largest application is Power Generation, followed by Oil & Gas, etc.
The report provides an overview of the global Gas Turbine market in terms of capacity, output, revenue, and price, analyzing global market trends using historical revenue and sales data for 2021-2025, estimates for 2026, and projected CAGRs through 2032.
The study covers key producers of Gas Turbine and consumption patterns in major regions and countries, assesses future market potential, and highlights priority regions and countries for segmenting the market into sub-sectors, with country-specific market value data for the U.S., Canada, Mexico, Brazil, China, Japan, South Korea, Southeast Asia, India, Germany, the U.K., Italy, the Middle East, Africa, and other countries.
The report also presents Gas Turbine sales, revenue, market share, and industry ranking for the main manufacturers for 2021-2026, identifies the major stakeholders in the global market, and analyzes their competitive landscape and market positioning based on recent developments and segmental revenues.
In addition, the report analyzes segment data by type and application—covering sales, revenue, and price—for 2021-2032, and evaluates and forecasts the Gas Turbine market size, projected growth trends, production technologies, key applications, and end-use industries.
Gas Turbine Segment by Company
General Electric
Siemens
Mitsubishi Hitachi Power Systems
Wood Group
Kawasaki Heavy Industries
Solar Turbines
Ansaldo Energia
MTU Aero Engines
Sulzer
MAN Diesel and Turbo
MJB International
Proenergy Services
MAN Energy
BHEL
Gas Turbine Segment by Type
Heavy Duty Gas Turbine
Aeroderivative Gas Turbine
Light Duty Gas Turbine
Gas Turbine Segment by Application
Power Generation
Oil & Gas
Other
Gas Turbine Segment by Region
North America
United States
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Spain
Netherlands
Switzerland
Sweden
Poland
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Southeast Asia
South America
Brazil
Argentina
Chile
Middle East & Africa
Egypt
South Africa
Israel
Türkiye
GCC Countries
Study Objectives
1. To analyze and research the global status and future forecast, involving, production, value, consumption, growth rate (CAGR), market share, historical and forecast.
2. To present the key manufacturers, capacity, production, revenue, market share, and Recent Developments.
3. To split the breakdown data by regions, type, manufacturers, and Application.
4. To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints, and risks.
5. To identify significant trends, drivers, influence factors in global and regions.
6. To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
Reasons to Buy This Report
1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Gas Turbine market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of Gas Turbine and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market.
5. This report helps stakeholders to gain insights into which regions to target globally.
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Gas Turbine.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.
Chapter Outline
Chapter 1: Provides an overview of the Gas Turbine market, including product definition, global market growth prospects, production value, capacity, and average price forecasts (2021-2032).
Chapter 2: Analysis key trends, drivers, challenges, and opportunities within the global Gas Turbine industry.
Chapter 3: Detailed analysis of Gas Turbine market competition landscape. Including Gas Turbine manufacturers' output value, output and average price from 2021 to 2026, as well as competition analysis indicators such as origin, product type, application, merger and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 7: Production/Production Value of Gas Turbine by region. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 8: Consumption of Gas Turbine in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 9: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 10: Concluding Insights of the report.
More report detail
Tables and figures
Scope & coverage.
Types
- Heavy Duty Gas Turbine
- Aeroderivative Gas Turbine
- Light Duty Gas Turbine
Applications
- Power Generation
- Oil & Gas
- Other
Companies covered
- General Electric
- Siemens
- Mitsubishi Hitachi Power Systems
- Wood Group
- Kawasaki Heavy Industries
- Solar Turbines
- Ansaldo Energia
- MTU Aero Engines
- Sulzer
- MAN Diesel and Turbo
- MJB International
- Proenergy Services
- MAN Energy
- BHEL
Inside the report.
1 Market Overview
- 1.1 Product Definition
- 1.2 Global Market Growth Prospects
- 1.2.1 Global Gas Turbine Production Value Estimates and Forecasts (2021-2032)
- 1.2.2 Global Gas Turbine Production Capacity Estimates and Forecasts (2021-2032)
- 1.2.3 Global Gas Turbine Production Estimates and Forecasts (2021-2032)
- 1.2.4 Global Gas Turbine Market Average Price (2021-2032)
- 1.3 Assumptions and Limitations
- 1.4 Study Goals and Objectives
2 Global Gas Turbine Market Dynamics
- 2.1 Gas Turbine Industry Trends
- 2.2 Gas Turbine Industry Drivers
- 2.3 Gas Turbine Industry Opportunities and Challenges
- 2.4 Gas Turbine Industry Restraints
3 Gas Turbine Market by Manufacturers
- 3.1 Global Gas Turbine Production Value by Manufacturers (2021-2026)
- 3.2 Global Gas Turbine Production by Manufacturers (2021-2026)
- 3.3 Global Gas Turbine Average Price by Manufacturers (2021-2026)
- 3.4 Global Gas Turbine Industry Manufacturers Ranking, 2024 VS 2025 VS 2026
- 3.5 Global Gas Turbine Key Manufacturers Manufacturing Sites & Headquarters
- 3.6 Global Gas Turbine Manufacturers, Product Type & Application
- 3.7 Global Gas Turbine Manufacturers Established Date
- 3.8 Market Competitive Analysis
- 3.8.1 Global Gas Turbine Market CR5 and HHI
- 3.8.2 Global Top 5 and 10 Gas Turbine Players Market Share by Production Value in 2025
- 3.8.3 2025 Gas Turbine Tier 1, Tier 2, and Tier 3
4 Gas Turbine Market by Type
- 4.1 Gas Turbine Type Introduction
- 4.1.1 Heavy Duty Gas Turbine
- 4.1.2 Aeroderivative Gas Turbine
- 4.1.3 Light Duty Gas Turbine
- 4.2 Global Gas Turbine Production by Type
- 4.2.1 Global Gas Turbine Production by Type (2021 VS 2025 VS 2032)
- 4.2.2 Global Gas Turbine Production by Type (2021-2032)
- 4.2.3 Global Gas Turbine Production Market Share by Type (2021-2032)
- 4.3 Global Gas Turbine Production Value by Type
- 4.3.1 Global Gas Turbine Production Value by Type (2021 VS 2025 VS 2032)
- 4.3.2 Global Gas Turbine Production Value by Type (2021-2032)
- 4.3.3 Global Gas Turbine Production Value Market Share by Type (2021-2032)
5 Gas Turbine Market by Application
- 5.1 Gas Turbine Application Introduction
- 5.1.1 Power Generation
- 5.1.2 Oil & Gas
- 5.1.3 Other
- 5.2 Global Gas Turbine Production by Application
- 5.2.1 Global Gas Turbine Production by Application (2021 VS 2025 VS 2032)
- 5.2.2 Global Gas Turbine Production by Application (2021-2032)
- 5.2.3 Global Gas Turbine Production Market Share by Application (2021-2032)
- 5.3 Global Gas Turbine Production Value by Application
- 5.3.1 Global Gas Turbine Production Value by Application (2021 VS 2025 VS 2032)
- 5.3.2 Global Gas Turbine Production Value by Application (2021-2032)
- 5.3.3 Global Gas Turbine Production Value Market Share by Application (2021-2032)
6 Company Profiles
- 6.1 General Electric
- 6.1.1 General Electric Company Information
- 6.1.2 General Electric Business Overview
- 6.1.3 General Electric Gas Turbine Production, Value and Gross Margin (2021-2026)
- 6.1.4 General Electric Gas Turbine Product Portfolio
- 6.1.5 General Electric Recent Developments
- 6.2 Siemens
- 6.2.1 Siemens Company Information
- 6.2.2 Siemens Business Overview
- 6.2.3 Siemens Gas Turbine Production, Value and Gross Margin (2021-2026)
- 6.2.4 Siemens Gas Turbine Product Portfolio
- 6.2.5 Siemens Recent Developments
- 6.3 Mitsubishi Hitachi Power Systems
- 6.3.1 Mitsubishi Hitachi Power Systems Company Information
- 6.3.2 Mitsubishi Hitachi Power Systems Business Overview
- 6.3.3 Mitsubishi Hitachi Power Systems Gas Turbine Production, Value and Gross Margin (2021-2026)
- 6.3.4 Mitsubishi Hitachi Power Systems Gas Turbine Product Portfolio
- 6.3.5 Mitsubishi Hitachi Power Systems Recent Developments
- 6.4 Wood Group
- 6.4.1 Wood Group Company Information
- 6.4.2 Wood Group Business Overview
- 6.4.3 Wood Group Gas Turbine Production, Value and Gross Margin (2021-2026)
- 6.4.4 Wood Group Gas Turbine Product Portfolio
- 6.4.5 Wood Group Recent Developments
- 6.5 Kawasaki Heavy Industries
- 6.5.1 Kawasaki Heavy Industries Company Information
- 6.5.2 Kawasaki Heavy Industries Business Overview
- 6.5.3 Kawasaki Heavy Industries Gas Turbine Production, Value and Gross Margin (2021-2026)
- 6.5.4 Kawasaki Heavy Industries Gas Turbine Product Portfolio
- 6.5.5 Kawasaki Heavy Industries Recent Developments
- 6.6 Solar Turbines
- 6.6.1 Solar Turbines Company Information
- 6.6.2 Solar Turbines Business Overview
- 6.6.3 Solar Turbines Gas Turbine Production, Value and Gross Margin (2021-2026)
- 6.6.4 Solar Turbines Gas Turbine Product Portfolio
- 6.6.5 Solar Turbines Recent Developments
- 6.7 Ansaldo Energia
- 6.7.1 Ansaldo Energia Company Information
- 6.7.2 Ansaldo Energia Business Overview
- 6.7.3 Ansaldo Energia Gas Turbine Production, Value and Gross Margin (2021-2026)
- 6.7.4 Ansaldo Energia Gas Turbine Product Portfolio
- 6.7.5 Ansaldo Energia Recent Developments
- 6.8 MTU Aero Engines
- 6.8.1 MTU Aero Engines Company Information
- 6.8.2 MTU Aero Engines Business Overview
- 6.8.3 MTU Aero Engines Gas Turbine Production, Value and Gross Margin (2021-2026)
- 6.8.4 MTU Aero Engines Gas Turbine Product Portfolio
- 6.8.5 MTU Aero Engines Recent Developments
- 6.9 Sulzer
- 6.9.1 Sulzer Company Information
- 6.9.2 Sulzer Business Overview
- 6.9.3 Sulzer Gas Turbine Production, Value and Gross Margin (2021-2026)
- 6.9.4 Sulzer Gas Turbine Product Portfolio
- 6.9.5 Sulzer Recent Developments
- 6.10 MAN Diesel and Turbo
- 6.10.1 MAN Diesel and Turbo Company Information
- 6.10.2 MAN Diesel and Turbo Business Overview
- 6.10.3 MAN Diesel and Turbo Gas Turbine Production, Value and Gross Margin (2021-2026)
- 6.10.4 MAN Diesel and Turbo Gas Turbine Product Portfolio
- 6.10.5 MAN Diesel and Turbo Recent Developments
- 6.11 MJB International
- 6.11.1 MJB International Company Information
- 6.11.2 MJB International Business Overview
- 6.11.3 MJB International Gas Turbine Production, Value and Gross Margin (2021-2026)
- 6.11.4 MJB International Gas Turbine Product Portfolio
- 6.11.5 MJB International Recent Developments
- 6.12 Proenergy Services
- 6.12.1 Proenergy Services Company Information
- 6.12.2 Proenergy Services Business Overview
- 6.12.3 Proenergy Services Gas Turbine Production, Value and Gross Margin (2021-2026)
- 6.12.4 Proenergy Services Gas Turbine Product Portfolio
- 6.12.5 Proenergy Services Recent Developments
- 6.13 MAN Energy
- 6.13.1 MAN Energy Company Information
- 6.13.2 MAN Energy Business Overview
- 6.13.3 MAN Energy Gas Turbine Production, Value and Gross Margin (2021-2026)
- 6.13.4 MAN Energy Gas Turbine Product Portfolio
- 6.13.5 MAN Energy Recent Developments
- 6.14 BHEL
- 6.14.1 BHEL Company Information
- 6.14.2 BHEL Business Overview
- 6.14.3 BHEL Gas Turbine Production, Value and Gross Margin (2021-2026)
- 6.14.4 BHEL Gas Turbine Product Portfolio
- 6.14.5 BHEL Recent Developments
7 Global Gas Turbine Production by Region
- 7.1 Global Gas Turbine Production by Region: 2021 VS 2025 VS 2032
- 7.2 Global Gas Turbine Production by Region (2021-2032)
- 7.2.1 Global Gas Turbine Production by Region (2021-2026)
- 7.2.2 Global Gas Turbine Production Forecast by Region (2027-2032)
- 7.3 Global Gas Turbine Production by Region: 2021 VS 2025 VS 2032
- 7.4 Global Gas Turbine Production Value by Region (2021-2032)
- 7.4.1 Global Gas Turbine Production Value by Region (2021-2026)
- 7.4.2 Global Gas Turbine Production Value by Region (2027-2032)
- 7.5 Global Gas Turbine Market Price Analysis by Region (2021-2032)
- 7.6 Regional Production Value Trends (2021-2032)
- 7.6.1 North America Gas Turbine Production Value (2021-2032)
- 7.6.2 Europe Gas Turbine Production Value (2021-2032)
- 7.6.3 Asia-Pacific Gas Turbine Production Value (2021-2032)
- 7.6.4 South America Gas Turbine Production Value (2021-2032)
- 7.6.5 Middle East & Africa Gas Turbine Production Value (2021-2032)
8 Global Gas Turbine Consumption by Region
- 8.1 Global Gas Turbine Consumption by Region: 2021 VS 2025 VS 2032
- 8.2 Global Gas Turbine Consumption by Region (2021-2032)
- 8.2.1 Global Gas Turbine Consumption by Region (2021-2026)
- 8.2.2 Global Gas Turbine Consumption by Region (2027-2032)
- 8.3 North America
- 8.3.1 North America Gas Turbine Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 8.3.2 North America Gas Turbine Consumption by Country (2021-2032)
- 8.3.3 U.S.
- 8.3.4 Canada
- 8.3.5 Mexico
- 8.4 Europe
- 8.4.1 Europe Gas Turbine Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 8.4.2 Europe Gas Turbine Consumption by Country (2021-2032)
- 8.4.3 Germany
- 8.4.4 France
- 8.4.5 U.K.
- 8.4.6 Italy
- 8.4.7 Netherlands
- 8.5 Asia Pacific
- 8.5.1 Asia Pacific Gas Turbine Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 8.5.2 Asia Pacific Gas Turbine Consumption by Country (2021-2032)
- 8.5.3 China
- 8.5.4 Japan
- 8.5.5 South Korea
- 8.5.6 Southeast Asia
- 8.5.7 India
- 8.5.8 Australia
- 8.6 South America
- 8.6.1 South America Gas Turbine Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 8.6.2 South America Gas Turbine Consumption by Country (2021-2032)
- 8.6.3 Brazil
- 8.6.4 Argentina
- 8.6.5 Chile
- 8.6.6 Colombia
- 8.7 Middle East & Africa
- 8.7.1 Middle East & Africa Gas Turbine Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 8.7.2 Middle East & Africa Gas Turbine Consumption by Country (2021-2032)
- 8.7.3 Egypt
- 8.7.4 South Africa
- 8.7.5 Israel
- 8.7.6 Türkiye
- 8.7.7 GCC Countries
9 Value Chain and Sales Channels Analysis
- 9.1 Gas Turbine Value Chain Analysis
- 9.1.1 Gas Turbine Key Raw Materials
- 9.1.2 Raw Materials Key Suppliers
- 9.1.3 Manufacturing Cost Structure
- 9.1.4 Gas Turbine Production Mode & Process
- 9.2 Gas Turbine Sales Channels Analysis
- 9.2.1 Direct Comparison with Distribution Share
- 9.2.2 Gas Turbine Distributors
- 9.2.3 Gas Turbine Customers
10 Concluding Insights
11 Appendix
- 11.1 Reasons for Doing This Study
- 11.2 Research Methodology
- 11.3 Research Process
- 11.4 Authors List of This Report
- 11.5 Data Source
- 11.5.1 Secondary Sources
- 11.5.2 Primary Sources
- 11.6 Disclaimer
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