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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

Industry Growth & Trends

Global Gas Turbine Industry Growth and Trends Forecast to 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.

Report Scope

This report provides a structured, data-driven view of the global Gas Turbine market, combining harmonized quantitative metrics with targeted qualitative insight to support business and growth strategy, market positioning, and capital allocation.

The Gas Turbine market size, estimates, and forecasts are presented in terms of sales volume (Units) and revenue (US$ million), with 2025 as the base year and historical and forecast data for 2021-2032. The report segments the global Gas Turbine market by Type, Application, region/country, and company, provides regional market sizes at the segment level, profiles the competitive landscape and key players and their market ranks, and reviews technology trends and new product developments relevant to Gas Turbine.

Key Companies & Market Share Insights

This section analyzes the strategies and performance of leading manufacturers in the global Gas Turbine market, including portfolio focus, innovation and product development, mergers and acquisitions, collaborations, and geographic expansion used to sustain or enhance competitive positions. It also summarizes recent corporate developments and key financial indicators and provides global revenue, price, and sales volume data by manufacturer for 2020-2025, enabling benchmarking of scale, pricing, and market share and supporting assessment of market concentration through indicators such as CR5 and CR10.

Gas Turbine Market 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

Key Drivers & Barriers

High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.

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: Introduces the study scope of this report, executive summary of market segments by type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.

Chapter 2: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter 3: Detailed analysis of Gas Turbine manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.

Chapter 4: Sales, revenue of Gas Turbine in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.

Chapter 5: Introduces market segments by application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.

Chapter 6: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.

Chapter 7, 8, 9, 10 and 11: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.

Chapter 12: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics.

Chapter 13: Concluding Insights of the report.

More report detail

Tables and figures
List of Tables Table 1. Major Company of Heavy Duty Gas Turbine Table 2. Major Company of Aeroderivative Gas Turbine Table 3. Major Company of Light Duty Gas Turbine Table 4. Global Gas Turbine Sales by Type (2021 VS 2025 VS 2032) & (US$ Million) Table 5. Global Gas Turbine Sales by Type (2021-2026) & (Units) Table 6. Global Gas Turbine Sales Market Share in Volume by Type (2021-2026) Table 7. Global Gas Turbine Sales by Type (2021-2026) & (US$ Million) Table 8. Global Gas Turbine Sales Market Share in Value by Type (2021-2026) Table 9. Global Gas Turbine Price by Type (2021-2026) & (USD/Unit) Table 10. Global Gas Turbine Sales by Type (2027-2032) & (Units) Table 11. Global Gas Turbine Sales Market Share in Volume by Type (2027-2032) Table 12. Global Gas Turbine Sales by Type (2027-2032) & (US$ Million) Table 13. Global Gas Turbine Sales Market Share in Value by Type (2027-2032) Table 14. Global Gas Turbine Price by Type (2027-2032) & (USD/Unit) Table 15. North America Gas Turbine Sales by Type (2021-2026) & (Units) Table 16. North America Gas Turbine Sales by Type (2021-2026) & (US$ Million) Table 17. Europe Gas Turbine Sales by Type (2021-2026) & (Units) Table 18. Europe Gas Turbine Sales by Type (2021-2026) & (US$ Million) Table 19. Asia-Pacific Gas Turbine Sales by Type (2021-2026) & (Units) Table 20. Asia-Pacific Gas Turbine Sales by Type (2021-2026) & (US$ Million) Table 21. Latin America Gas Turbine Sales by Type (2021-2026) & (Units) Table 22. Latin America Gas Turbine Sales by Type (2021-2026) & (US$ Million) Table 23. Middle East and Africa Gas Turbine Sales by Type (2021-2026) & (Units) Table 24. Middle East and Africa Gas Turbine Sales by Type (2021-2026) & (US$ Million) Table 25. Gas Turbine Industry Trends Table 26. Gas Turbine Industry Drivers Table 27. Gas Turbine Industry Opportunities and Challenges Table 28. Gas Turbine Industry Restraints Table 29. Global Gas Turbine Sales Revenue by Company (US$ Million) & (2021-2026) Table 30. Global Gas Turbine Revenue Market Share by Company (2021-2026) Table 31. Global Gas Turbine Sales by Company (2021-2026) & (Units) Table 32. Global Gas Turbine Sales Share by Company (2021-2026) Table 33. Global Gas Turbine Market Price by Company (2021-2026) & (USD/Unit) Table 34. Global Gas Turbine Industry Company Ranking, 2024 VS 2025 VS 2026 Table 35. Global Gas Turbine Major Company Production Sites and Headquarters Table 36. Global Gas Turbine Company, Product Type & Application Table 37. Global Gas Turbine Company Establishment Date Table 38. Global Company Market Concentration Ratio (CR5 and HHI) Table 39. Global Gas Turbine by Company Type (Tier 1, Tier 2, and Tier 3) & (Based on the Revenue of 2025) Table 40. Global Gas Turbine Market Size Comparison by Region (US$ Million): 2021 VS 2025 VS 2032 Table 41. Global Gas Turbine Sales by Region (2021-2026) & (Units) Table 42. Global Gas Turbine Sales Market Share in Volume by Region (2021-2026) Table 43. Global Gas Turbine Sales by Region (2021-2026) & (US$ Million) Table 44. Global Gas Turbine Sales Market Share in Value by Region (2021-2026) Table 45. Global Gas Turbine Sales (Units), Value (US$ Million), Price (USD/Unit) and Gross Margin (2021-2026) Table 46. Global Gas Turbine Sales by Region (2027-2032) & (Units) Table 47. Global Gas Turbine Sales Market Share in Volume by Region (2027-2032) Table 48. Global Gas Turbine Sales by Region (2027-2032) & (US$ Million) Table 49. Global Gas Turbine Sales Market Share in Value by Region (2027-2032) Table 50. Global Gas Turbine Sales (Units), Value (US$ Million), Price (USD/Unit) and Gross Margin (2027-2032) Table 51. Global Gas Turbine Sales by Application (2021 VS 2025 VS 2032) & (US$ Million) Table 52. Global Gas Turbine Sales by Application (2021-2026) & (Units) Table 53. Global Gas Turbine Sales Market Share in Volume by Application (2021-2026) Table 54. Global Gas Turbine Sales by Application (2021-2026) & (US$ Million) Table 55. Global Gas Turbine Sales Market Share in Value by Application (2021-2026) Table 56. Global Gas Turbine Price by Application (2021-2026) & (USD/Unit) Table 57. Global Gas Turbine Sales by Application (2027-2032) & (Units) Table 58. Global Gas Turbine Sales Market Share in Volume by Application (2027-2032) Table 59. Global Gas Turbine Sales by Application (2027-2032) & (US$ Million) Table 60. Global Gas Turbine Sales Market Share in Value by Application (2027-2032) Table 61. Global Gas Turbine Price by Application (2027-2032) & (USD/Unit) Table 62. North America Gas Turbine Sales by Application (2021-2026) & (Units) Table 63. North America Gas Turbine Sales by Application (2021-2026) & (US$ Million) Table 64. Europe Gas Turbine Sales by Application (2021-2026) & (Units) Table 65. Europe Gas Turbine Sales by Application (2021-2026) & (US$ Million) Table 66. Asia-Pacific Gas Turbine Sales by Application (2021-2026) & (Units) Table 67. Asia-Pacific Gas Turbine Sales by Application (2021-2026) & (US$ Million) Table 68. Latin America Gas Turbine Sales by Application (2021-2026) & (Units) Table 69. Latin America Gas Turbine Sales by Application (2021-2026) & (US$ Million) Table 70. Middle East and Africa Gas Turbine Sales by Application (2021-2026) & (Units) Table 71. Middle East and Africa Gas Turbine Sales by Application (2021-2026) & (US$ Million) Table 72. General Electric Company Information Table 73. General Electric Business Overview Table 74. General Electric Gas Turbine Sales (Units), Revenue (US$ Million), Price (USD/Unit) and Gross Margin (2021-2026) Table 75. General Electric Gas Turbine Product Portfolio Table 76. General Electric Recent Development Table 77. Siemens Company Information Table 78. Siemens Business Overview Table 79. Siemens Gas Turbine Sales (Units), Revenue (US$ Million), Price (USD/Unit) and Gross Margin (2021-2026) Table 80. Siemens Gas Turbine Product Portfolio Table 81. Siemens Recent Development Table 82. Mitsubishi Hitachi Power Systems Company Information Table 83. Mitsubishi Hitachi Power Systems Business Overview Table 84. Mitsubishi Hitachi Power Systems Gas Turbine Sales (Units), Revenue (US$ Million), Price (USD/Unit) and Gross Margin (2021-2026) Table 85. Mitsubishi Hitachi Power Systems Gas Turbine Product Portfolio Table 86. Mitsubishi Hitachi Power Systems Recent Development Table 87. Wood Group Company Information Table 88. Wood Group Business Overview Table 89. Wood Group Gas Turbine Sales (Units), Revenue (US$ Million), Price (USD/Unit) and Gross Margin (2021-2026) Table 90. Wood Group Gas Turbine Product Portfolio Table 91. Wood Group Recent Development Table 92. Kawasaki Heavy Industries Company Information Table 93. Kawasaki Heavy Industries Business Overview Table 94. Kawasaki Heavy Industries Gas Turbine Sales (Units), Revenue (US$ Million), Price (USD/Unit) and Gross Margin (2021-2026) Table 95. Kawasaki Heavy Industries Gas Turbine Product Portfolio Table 96. Kawasaki Heavy Industries Recent Development Table 97. Solar Turbines Company Information Table 98. Solar Turbines Business Overview Table 99. Solar Turbines Gas Turbine Sales (Units), Revenue (US$ Million), Price (USD/Unit) and Gross Margin (2021-2026) Table 100. Solar Turbines Gas Turbine Product Portfolio Table 101. Solar Turbines Recent Development Table 102. Ansaldo Energia Company Information Table 103. Ansaldo Energia Business Overview Table 104. Ansaldo Energia Gas Turbine Sales (Units), Revenue (US$ Million), Price (USD/Unit) and Gross Margin (2021-2026) Table 105. Ansaldo Energia Gas Turbine Product Portfolio Table 106. Ansaldo Energia Recent Development Table 107. MTU Aero Engines Company Information Table 108. MTU Aero Engines Business Overview Table 109. MTU Aero Engines Gas Turbine Sales (Units), Revenue (US$ Million), Price (USD/Unit) and Gross Margin (2021-2026) Table 110. MTU Aero Engines Gas Turbine Product Portfolio Table 111. MTU Aero Engines Recent Development Table 112. Sulzer Company Information Table 113. Sulzer Business Overview Table 114. Sulzer Gas Turbine Sales (Units), Revenue (US$ Million), Price (USD/Unit) and Gross Margin (2021-2026) Table 115. Sulzer Gas Turbine Product Portfolio Table 116. Sulzer Recent Development Table 117. MAN Diesel and Turbo Company Information Table 118. MAN Diesel and Turbo Business Overview Table 119. MAN Diesel and Turbo Gas Turbine Sales (Units), Revenue (US$ Million), Price (USD/Unit) and Gross Margin (2021-2026) Table 120. MAN Diesel and Turbo Gas Turbine Product Portfolio Table 121. MAN Diesel and Turbo Recent Development Table 122. MJB International Company Information Table 123. MJB International Business Overview Table 124. MJB International Gas Turbine Sales (Units), Revenue (US$ Million), Price (USD/Unit) and Gross Margin (2021-2026) Table 125. MJB International Gas Turbine Product Portfolio Table 126. MJB International Recent Development Table 127. Proenergy Services Company Information Table 128. Proenergy Services Business Overview Table 129. Proenergy Services Gas Turbine Sales (Units), Revenue (US$ Million), Price (USD/Unit) and Gross Margin (2021-2026) Table 130. Proenergy Services Gas Turbine Product Portfolio Table 131. Proenergy Services Recent Development Table 132. MAN Energy Company Information Table 133. MAN Energy Business Overview Table 134. MAN Energy Gas Turbine Sales (Units), Revenue (US$ Million), Price (USD/Unit) and Gross Margin (2021-2026) Table 135. MAN Energy Gas Turbine Product Portfolio Table 136. MAN Energy Recent Development Table 137. BHEL Company Information Table 138. BHEL Business Overview Table 139. BHEL Gas Turbine Sales (Units), Revenue (US$ Million), Price (USD/Unit) and Gross Margin (2021-2026) Table 140. BHEL Gas Turbine Product Portfolio Table 141. BHEL Recent Development Table 142. North America Gas Turbine Market Size Growth Rate (CAGR) by Country (Units): 2021 VS 2025 VS 2032 Table 143. North America Gas Turbine Sales by Country (2021-2026) & (Units) Table 144. North America Gas Turbine Sales Market Share by Country (2021-2026) Table 145. North America Gas Turbine Sales Forecast by Country (2027-2032) & (Units) Table 146. North America Gas Turbine Sales Market Share Forecast by Country (2027-2032) Table 147. North America Gas Turbine Market Size Growth Rate (CAGR) by Country (US$ Million): 2021 VS 2025 VS 2032 Table 148. North America Gas Turbine Market Size by Country (2021-2026) & (US$ Million) Table 149. North America Gas Turbine Market Share by Country (2021-2026) Table 150. North America Gas Turbine Market Size Forecast by Country (2027-2032) & (US$ Million) Table 151. North America Gas Turbine Market Share Forecast by Country (2027-2032) Table 152. Europe Gas Turbine Market Size Growth Rate (CAGR) by Country (Units): 2021 VS 2025 VS 2032 Table 153. Europe Gas Turbine Sales by Country (2021-2026) & (Units) Table 154. Europe Gas Turbine Sales Market Share by Country (2021-2026) Table 155. Europe Gas Turbine Sales Forecast by Country (2027-2032) & (Units) Table 156. Europe Gas Turbine Sales Market Share Forecast by Country (2027-2032) Table 157. Europe Gas Turbine Market Size Growth Rate (CAGR) by Country (US$ Million): 2021 VS 2025 VS 2032 Table 158. Europe Gas Turbine Market Size by Country (2021-2026) & (US$ Million) Table 159. Europe Gas Turbine Market Share by Country (2021-2026) Table 160. Europe Gas Turbine Market Size Forecast by Country (2027-2032) & (US$ Million) Table 161. Europe Gas Turbine Market Share Forecast by Country (2027-2032) Table 162. Asia-Pacific Gas Turbine Market Size Growth Rate (CAGR) by Country (Units): 2021 VS 2025 VS 2032 Table 163. Asia-Pacific Gas Turbine Sales by Country (2021-2026) & (Units) Table 164. Asia-Pacific Gas Turbine Sales Market Share by Country (2021-2026) Table 165. Asia-Pacific Gas Turbine Sales Forecast by Country (2027-2032) & (Units) Table 166. Asia-Pacific Gas Turbine Sales Market Share Forecast by Country (2027-2032) Table 167. Asia-Pacific Gas Turbine Market Size Growth Rate (CAGR) by Country (US$ Million): 2021 VS 2025 VS 2032 Table 168. Asia-Pacific Gas Turbine Market Size by Country (2021-2026) & (US$ Million) Table 169. Asia-Pacific Gas Turbine Market Share by Country (2021-2026) Table 170. Asia-Pacific Gas Turbine Market Size Forecast by Country (2027-2032) & (US$ Million) Table 171. Asia-Pacific Gas Turbine Market Share Forecast by Country (2027-2032) Table 172. Latin America Gas Turbine Market Size Growth Rate (CAGR) by Country (Units): 2021 VS 2025 VS 2032 Table 173. Latin America Gas Turbine Sales by Country (2021-2026) & (Units) Table 174. Latin America Gas Turbine Sales Market Share by Country (2021-2026) Table 175. Latin America Gas Turbine Sales Forecast by Country (2027-2032) & (Units) Table 176. Latin America Gas Turbine Sales Market Share Forecast by Country (2027-2032) Table 177. Latin America Gas Turbine Market Size Growth Rate (CAGR) by Country (US$ Million): 2021 VS 2025 VS 2032 Table 178. Latin America Gas Turbine Market Size by Country (2021-2026) & (US$ Million) Table 179. Latin America Gas Turbine Market Share by Country (2021-2026) Table 180. Latin America Gas Turbine Market Size Forecast by Country (2027-2032) & (US$ Million) Table 181. Latin America Gas Turbine Market Share Forecast by Country (2027-2032) Table 182. Middle East and Africa Gas Turbine Market Size Growth Rate (CAGR) by Country (Units): 2021 VS 2025 VS 2032 Table 183. Middle East and Africa Gas Turbine Sales by Country (2021-2026) & (Units) Table 184. Middle East and Africa Gas Turbine Sales Market Share by Country (2021-2026) Table 185. Middle East and Africa Gas Turbine Sales Forecast by Country (2027-2032) & (Units) Table 186. Middle East and Africa Gas Turbine Sales Market Share Forecast by Country (2027-2032) Table 187. Middle East and Africa Gas Turbine Market Size Growth Rate (CAGR) by Country (US$ Million): 2021 VS 2025 VS 2032 Table 188. Middle East and Africa Gas Turbine Market Size by Country (2021-2026) & (US$ Million) Table 189. Middle East and Africa Gas Turbine Market Share by Country (2021-2026) Table 190. Middle East and Africa Gas Turbine Market Size Forecast by Country (2027-2032) & (US$ Million) Table 191. Middle East and Africa Gas Turbine Market Share Forecast by Country (2027-2032) Table 192. Key Raw Materials Table 193. Raw Materials Key Suppliers Table 194. Gas Turbine Distributors List Table 195. Gas Turbine Customers List Table 196. Research Programs/Design for This Report Table 197. Authors List of This Report Table 198. Secondary Sources Table 199. Primary Sources List of Figures Figure 1. Gas Turbine Image Figure 2. Global Gas Turbine Market Size (US$ Million), 2021 VS 2025 VS 2032 Figure 3. Global Gas Turbine Market Size (2021-2032) & (US$ Million) Figure 4. Global Gas Turbine Sales (2021-2032) & (Units) Figure 5. Heavy Duty Gas Turbine Image Figure 6. Global Heavy Duty Gas Turbine Sales YoY Growth (2021-2032) & (Units) Figure 7. Aeroderivative Gas Turbine Image Figure 8. Global Aeroderivative Gas Turbine Sales YoY Growth (2021-2032) & (Units) Figure 9. Light Duty Gas Turbine Image Figure 10. Global Light Duty Gas Turbine Sales YoY Growth (2021-2032) & (Units) Figure 11. Global Gas Turbine Market Size Overview by Type (2021-2032) & (US$ Million) Figure 12. Global Gas Turbine Market Share by Type 2025 VS 2032 Figure 13. North America Gas Turbine Sales Market Share in Volume by Type in 2025 Figure 14. North America Gas Turbine Sales Market Share in Value by Type in 2025 Figure 15. Europe Gas Turbine Sales Market Share in Volume by Type in 2025 Figure 16. Europe Gas Turbine Sales Market Share in Value by Type in 2025 Figure 17. Asia-Pacific Gas Turbine Sales Market Share in Volume by Type in 2025 Figure 18. Asia-Pacific Gas Turbine Sales Market Share in Value by Type in 2025 Figure 19. Latin America Gas Turbine Sales Market Share in Volume by Type in 2025 Figure 20. Latin America Gas Turbine Sales Market Share in Value by Type in 2025 Figure 21. Middle East and Africa Gas Turbine Sales Market Share in Volume by Type in 2025 Figure 22. Middle East and Africa Gas Turbine Sales Market Share in Value by Type in 2025 Figure 23. Global Top 5 and 10 Gas Turbine Players Market Share by Revenue in 2025 Figure 24. Company Type (Tier 1, Tier 2, and Tier 3): 2021 VS 2025 Figure 25. Power Generation Image Figure 26. Global Power Generation Sales YoY Growth (2021-2032) & (Units) Figure 27. Oil & Gas Image Figure 28. Global Oil & Gas Sales YoY Growth (2021-2032) & (Units) Figure 29. Other Image Figure 30. Global Other Sales YoY Growth (2021-2032) & (Units) Figure 31. Global Gas Turbine Market Size Overview by Application (2021-2032) & (US$ Million) Figure 32. Global Gas Turbine Market Share by Application 2025 VS 2032 Figure 33. North America Gas Turbine Sales Market Share in Volume by Application in 2025 Figure 34. North America Gas Turbine Sales Market Share in Value by Application in 2025 Figure 35. Europe Gas Turbine Sales Market Share in Volume by Application in 2025 Figure 36. Europe Gas Turbine Sales Market Share in Value by Application in 2025 Figure 37. Asia-Pacific Gas Turbine Sales Market Share in Volume by Application in 2025 Figure 38. Asia-Pacific Gas Turbine Sales Market Share in Value by Application in 2025 Figure 39. Latin America Gas Turbine Sales Market Share in Volume by Application in 2025 Figure 40. Latin America Gas Turbine Sales Market Share in Value by Application in 2025 Figure 41. Middle East and Africa Gas Turbine Sales Market Share in Volume by Application in 2025 Figure 42. Middle East and Africa Gas Turbine Sales Market Share in Value by Application in 2025 Figure 43. North America Gas Turbine Sales by Country: 2021 VS 2025 VS 2032 (Units) Figure 44. North America Gas Turbine Sales Share by Country: 2021 VS 2025 VS 2032 Figure 45. North America Gas Turbine Market Size by Country: 2021 VS 2025 VS 2032 (US$ Million) Figure 46. North America Gas Turbine Market Share by Country: 2021 VS 2025 VS 2032 Figure 47. Europe Gas Turbine Sales by Country: 2021 VS 2025 VS 2032 (Units) Figure 48. Europe Gas Turbine Sales Share by Country: 2021 VS 2025 VS 2032 Figure 49. Europe Gas Turbine Market Size by Country: 2021 VS 2025 VS 2032 (US$ Million) Figure 50. Europe Gas Turbine Market Share by Country: 2021 VS 2025 VS 2032 Figure 51. Asia-Pacific Gas Turbine Sales by Country: 2021 VS 2025 VS 2032 (Units) Figure 52. Asia-Pacific Gas Turbine Sales Share by Country: 2021 VS 2025 VS 2032 Figure 53. Asia-Pacific Gas Turbine Market Size by Country: 2021 VS 2025 VS 2032 (US$ Million) Figure 54. Asia-Pacific Gas Turbine Market Share by Country: 2021 VS 2025 VS 2032 Figure 55. Latin America Gas Turbine Sales by Country: 2021 VS 2025 VS 2032 (Units) Figure 56. Latin America Gas Turbine Sales Share by Country: 2021 VS 2025 VS 2032 Figure 57. Latin America Gas Turbine Market Size by Country: 2021 VS 2025 VS 2032 (US$ Million) Figure 58. Latin America Gas Turbine Market Share by Country: 2021 VS 2025 VS 2032 Figure 59. Middle East and Africa Gas Turbine Sales by Country: 2021 VS 2025 VS 2032 (Units) Figure 60. Middle East and Africa Gas Turbine Sales Share by Country: 2021 VS 2025 VS 2032 Figure 61. Middle East and Africa Gas Turbine Market Size by Country: 2021 VS 2025 VS 2032 (US$ Million) Figure 62. Middle East and Africa Gas Turbine Market Share by Country: 2021 VS 2025 VS 2032 Figure 63. Gas Turbine Value Chain Figure 64. Key Raw Materials Price Figure 65. Manufacturing Cost Structure Figure 66. Gas Turbine Production Mode & Process Figure 67. Direct Comparison with Distribution Share Figure 68. Distributors Profiles Figure 69. Years Considered Figure 70. Research Process Figure 71. Key Executives Interviewed

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. 1.1 Product Definition
  2. 1.2 Global Market Growth Prospects
  3. 1.2.1 Global Gas Turbine Market Size Estimates and Forecasts (2021-2032)
  4. 1.2.2 Global Gas Turbine Sales Estimates and Forecasts (2021-2032)
  5. 1.3 Gas Turbine Market by Type
  6. 1.3.1 Heavy Duty Gas Turbine
  7. 1.3.2 Aeroderivative Gas Turbine
  8. 1.3.3 Light Duty Gas Turbine
  9. 1.4 Global Gas Turbine Market Size by Type
  10. 1.4.1 Global Gas Turbine Market Size Overview by Type (2021-2032)
  11. 1.4.2 Global Gas Turbine Historic Market Size Review by Type (2021-2026)
  12. 1.4.3 Global Gas Turbine Forecasted Market Size by Type (2027-2032)
  13. 1.5 Key Regions Market Size by Type
  14. 1.5.1 North America Gas Turbine Sales Breakdown by Type (2021-2026)
  15. 1.5.2 Europe Gas Turbine Sales Breakdown by Type (2021-2026)
  16. 1.5.3 Asia-Pacific Gas Turbine Sales Breakdown by Type (2021-2026)
  17. 1.5.4 South America Gas Turbine Sales Breakdown by Type (2021-2026)
  18. 1.5.5 Middle East and Africa Gas Turbine Sales Breakdown by Type (2021-2026)
2 Global Market Dynamics
  1. 2.1 Gas Turbine Industry Trends
  2. 2.2 Gas Turbine Industry Drivers
  3. 2.3 Gas Turbine Industry Opportunities and Challenges
  4. 2.4 Gas Turbine Industry Restraints
3 Market Competitive Landscape by Company
  1. 3.1 Global Top Players by Gas Turbine Revenue (2021-2026)
  2. 3.2 Global Top Players by Gas Turbine Sales (2021-2026)
  3. 3.3 Global Top Players by Gas Turbine Price (2021-2026)
  4. 3.4 Global Gas Turbine Industry Company Ranking, 2024 VS 2025 VS 2026
  5. 3.5 Global Gas Turbine Major Company Production Sites & Headquarters
  6. 3.6 Global Gas Turbine Company, Product Type & Application
  7. 3.7 Global Gas Turbine Company Establishment Date
  8. 3.8 Market Competitive Analysis
  9. 3.8.1 Global Gas Turbine Market CR5 and HHI
  10. 3.8.2 Global Top 5 and 10 Gas Turbine Players Market Share by Revenue in 2025
  11. 3.8.3 2025 Gas Turbine Tier 1, Tier 2, and Tier 3
4 Gas Turbine Regional Status and Outlook
  1. 4.1 Global Gas Turbine Market Size and CAGR by Region: 2021 VS 2025 VS 2032
  2. 4.2 Global Gas Turbine Historic Market Size by Region
  3. 4.2.1 Global Gas Turbine Sales in Volume by Region (2021-2026)
  4. 4.2.2 Global Gas Turbine Sales in Value by Region (2021-2026)
  5. 4.2.3 Global Gas Turbine Sales (Volume & Value), Price and Gross Margin (2021-2026)
  6. 4.3 Global Gas Turbine Forecasted Market Size by Region
  7. 4.3.1 Global Gas Turbine Sales in Volume by Region (2027-2032)
  8. 4.3.2 Global Gas Turbine Sales in Value by Region (2027-2032)
  9. 4.3.3 Global Gas Turbine Sales (Volume & Value), Price and Gross Margin (2027-2032)
5 Gas Turbine by Application
  1. 5.1 Gas Turbine Market by Application
  2. 5.1.1 Power Generation
  3. 5.1.2 Oil & Gas
  4. 5.1.3 Other
  5. 5.2 Global Gas Turbine Market Size by Application
  6. 5.2.1 Global Gas Turbine Market Size Overview by Application (2021-2032)
  7. 5.2.2 Global Gas Turbine Historic Market Size Review by Application (2021-2026)
  8. 5.2.3 Global Gas Turbine Forecasted Market Size by Application (2027-2032)
  9. 5.3 Key Regions Market Size by Application
  10. 5.3.1 North America Gas Turbine Sales Breakdown by Application (2021-2026)
  11. 5.3.2 Europe Gas Turbine Sales Breakdown by Application (2021-2026)
  12. 5.3.3 Asia-Pacific Gas Turbine Sales Breakdown by Application (2021-2026)
  13. 5.3.4 South America Gas Turbine Sales Breakdown by Application (2021-2026)
  14. 5.3.5 Middle East and Africa Gas Turbine Sales Breakdown by Application (2021-2026)
6 Company Profiles
  1. 6.1 General Electric
  2. 6.1.1 General Electric Company Information
  3. 6.1.2 General Electric Business Overview
  4. 6.1.3 General Electric Gas Turbine Sales, Revenue and Gross Margin (2021-2026)
  5. 6.1.4 General Electric Gas Turbine Product Portfolio
  6. 6.1.5 General Electric Recent Developments
  7. 6.2 Siemens
  8. 6.2.1 Siemens Company Information
  9. 6.2.2 Siemens Business Overview
  10. 6.2.3 Siemens Gas Turbine Sales, Revenue and Gross Margin (2021-2026)
  11. 6.2.4 Siemens Gas Turbine Product Portfolio
  12. 6.2.5 Siemens Recent Developments
  13. 6.3 Mitsubishi Hitachi Power Systems
  14. 6.3.1 Mitsubishi Hitachi Power Systems Company Information
  15. 6.3.2 Mitsubishi Hitachi Power Systems Business Overview
  16. 6.3.3 Mitsubishi Hitachi Power Systems Gas Turbine Sales, Revenue and Gross Margin (2021-2026)
  17. 6.3.4 Mitsubishi Hitachi Power Systems Gas Turbine Product Portfolio
  18. 6.3.5 Mitsubishi Hitachi Power Systems Recent Developments
  19. 6.4 Wood Group
  20. 6.4.1 Wood Group Company Information
  21. 6.4.2 Wood Group Business Overview
  22. 6.4.3 Wood Group Gas Turbine Sales, Revenue and Gross Margin (2021-2026)
  23. 6.4.4 Wood Group Gas Turbine Product Portfolio
  24. 6.4.5 Wood Group Recent Developments
  25. 6.5 Kawasaki Heavy Industries
  26. 6.5.1 Kawasaki Heavy Industries Company Information
  27. 6.5.2 Kawasaki Heavy Industries Business Overview
  28. 6.5.3 Kawasaki Heavy Industries Gas Turbine Sales, Revenue and Gross Margin (2021-2026)
  29. 6.5.4 Kawasaki Heavy Industries Gas Turbine Product Portfolio
  30. 6.5.5 Kawasaki Heavy Industries Recent Developments
  31. 6.6 Solar Turbines
  32. 6.6.1 Solar Turbines Company Information
  33. 6.6.2 Solar Turbines Business Overview
  34. 6.6.3 Solar Turbines Gas Turbine Sales, Revenue and Gross Margin (2021-2026)
  35. 6.6.4 Solar Turbines Gas Turbine Product Portfolio
  36. 6.6.5 Solar Turbines Recent Developments
  37. 6.7 Ansaldo Energia
  38. 6.7.1 Ansaldo Energia Company Information
  39. 6.7.2 Ansaldo Energia Business Overview
  40. 6.7.3 Ansaldo Energia Gas Turbine Sales, Revenue and Gross Margin (2021-2026)
  41. 6.7.4 Ansaldo Energia Gas Turbine Product Portfolio
  42. 6.7.5 Ansaldo Energia Recent Developments
  43. 6.8 MTU Aero Engines
  44. 6.8.1 MTU Aero Engines Company Information
  45. 6.8.2 MTU Aero Engines Business Overview
  46. 6.8.3 MTU Aero Engines Gas Turbine Sales, Revenue and Gross Margin (2021-2026)
  47. 6.8.4 MTU Aero Engines Gas Turbine Product Portfolio
  48. 6.8.5 MTU Aero Engines Recent Developments
  49. 6.9 Sulzer
  50. 6.9.1 Sulzer Company Information
  51. 6.9.2 Sulzer Business Overview
  52. 6.9.3 Sulzer Gas Turbine Sales, Revenue and Gross Margin (2021-2026)
  53. 6.9.4 Sulzer Gas Turbine Product Portfolio
  54. 6.9.5 Sulzer Recent Developments
  55. 6.10 MAN Diesel and Turbo
  56. 6.10.1 MAN Diesel and Turbo Company Information
  57. 6.10.2 MAN Diesel and Turbo Business Overview
  58. 6.10.3 MAN Diesel and Turbo Gas Turbine Sales, Revenue and Gross Margin (2021-2026)
  59. 6.10.4 MAN Diesel and Turbo Gas Turbine Product Portfolio
  60. 6.10.5 MAN Diesel and Turbo Recent Developments
  61. 6.11 MJB International
  62. 6.11.1 MJB International Company Information
  63. 6.11.2 MJB International Business Overview
  64. 6.11.3 MJB International Gas Turbine Sales, Revenue and Gross Margin (2021-2026)
  65. 6.11.4 MJB International Gas Turbine Product Portfolio
  66. 6.11.5 MJB International Recent Developments
  67. 6.12 Proenergy Services
  68. 6.12.1 Proenergy Services Company Information
  69. 6.12.2 Proenergy Services Business Overview
  70. 6.12.3 Proenergy Services Gas Turbine Sales, Revenue and Gross Margin (2021-2026)
  71. 6.12.4 Proenergy Services Gas Turbine Product Portfolio
  72. 6.12.5 Proenergy Services Recent Developments
  73. 6.13 MAN Energy
  74. 6.13.1 MAN Energy Company Information
  75. 6.13.2 MAN Energy Business Overview
  76. 6.13.3 MAN Energy Gas Turbine Sales, Revenue and Gross Margin (2021-2026)
  77. 6.13.4 MAN Energy Gas Turbine Product Portfolio
  78. 6.13.5 MAN Energy Recent Developments
  79. 6.14 BHEL
  80. 6.14.1 BHEL Company Information
  81. 6.14.2 BHEL Business Overview
  82. 6.14.3 BHEL Gas Turbine Sales, Revenue and Gross Margin (2021-2026)
  83. 6.14.4 BHEL Gas Turbine Product Portfolio
  84. 6.14.5 BHEL Recent Developments
7 North America by Country
  1. 7.1 North America Gas Turbine Sales by Country
  2. 7.1.1 North America Gas Turbine Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
  3. 7.1.2 North America Gas Turbine Sales by Country (2021-2026)
  4. 7.1.3 North America Gas Turbine Sales Forecast by Country (2027-2032)
  5. 7.2 North America Gas Turbine Market Size by Country
  6. 7.2.1 North America Gas Turbine Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
  7. 7.2.2 North America Gas Turbine Market Size by Country (2021-2026)
  8. 7.2.3 North America Gas Turbine Market Size Forecast by Country (2027-2032)
8 Europe by Country
  1. 8.1 Europe Gas Turbine Sales by Country
  2. 8.1.1 Europe Gas Turbine Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
  3. 8.1.2 Europe Gas Turbine Sales by Country (2021-2026)
  4. 8.1.3 Europe Gas Turbine Sales Forecast by Country (2027-2032)
  5. 8.2 Europe Gas Turbine Market Size by Country
  6. 8.2.1 Europe Gas Turbine Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
  7. 8.2.2 Europe Gas Turbine Market Size by Country (2021-2026)
  8. 8.2.3 Europe Gas Turbine Market Size Forecast by Country (2027-2032)
9 Asia-Pacific by Country
  1. 9.1 Asia-Pacific Gas Turbine Sales by Country
  2. 9.1.1 Asia-Pacific Gas Turbine Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
  3. 9.1.2 Asia-Pacific Gas Turbine Sales by Country (2021-2026)
  4. 9.1.3 Asia-Pacific Gas Turbine Sales Forecast by Country (2027-2032)
  5. 9.2 Asia-Pacific Gas Turbine Market Size by Country
  6. 9.2.1 Asia-Pacific Gas Turbine Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
  7. 9.2.2 Asia-Pacific Gas Turbine Market Size by Country (2021-2026)
  8. 9.2.3 Asia-Pacific Gas Turbine Market Size Forecast by Country (2027-2032)
10 South America by Country
  1. 10.1 South America Gas Turbine Sales by Country
  2. 10.1.1 South America Gas Turbine Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
  3. 10.1.2 South America Gas Turbine Sales by Country (2021-2026)
  4. 10.1.3 South America Gas Turbine Sales Forecast by Country (2027-2032)
  5. 10.2 South America Gas Turbine Market Size by Country
  6. 10.2.1 South America Gas Turbine Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
  7. 10.2.2 South America Gas Turbine Market Size by Country (2021-2026)
  8. 10.2.3 South America Gas Turbine Market Size Forecast by Country (2027-2032)
11 Middle East and Africa by Country
  1. 11.1 Middle East and Africa Gas Turbine Sales by Country
  2. 11.1.1 Middle East and Africa Gas Turbine Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
  3. 11.1.2 Middle East and Africa Gas Turbine Sales by Country (2021-2026)
  4. 11.1.3 Middle East and Africa Gas Turbine Sales Forecast by Country (2027-2032)
  5. 11.2 Middle East and Africa Gas Turbine Market Size by Country
  6. 11.2.1 Middle East and Africa Gas Turbine Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
  7. 11.2.2 Middle East and Africa Gas Turbine Market Size by Country (2021-2026)
  8. 11.2.3 Middle East and Africa Gas Turbine Market Size Forecast by Country (2027-2032)
12 Value Chain and Sales Channels Analysis
  1. 12.1 Gas Turbine Value Chain Analysis
  2. 12.1.1 Gas Turbine Key Raw Materials
  3. 12.1.2 Key Raw Materials Price
  4. 12.1.3 Raw Materials Key Suppliers
  5. 12.1.4 Manufacturing Cost Structure
  6. 12.1.5 Gas Turbine Production Mode & Process
  7. 12.2 Gas Turbine Sales Channels Analysis
  8. 12.2.1 Direct Comparison with Distribution Share
  9. 12.2.2 Gas Turbine Distributors
  10. 12.2.3 Gas Turbine Customers
13 Concluding Insights
    14 Appendix
    1. 14.1 Reasons for Doing This Study
    2. 14.2 Research Methodology
    3. 14.3 Research Process
    4. 14.4 Authors List of This Report
    5. 14.5 Data Source
    6. 14.5.1 Secondary Sources
    7. 14.5.2 Primary Sources
    8. 14.6 Disclaimer

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