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 Analysis & Forecast
Global Gas Turbine Market Analysis and Forecast 2026-2032
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.
This report presents an overview of global market for Gas Turbine, capacity, output, revenue and price. Analyses of the global market trends, with historic market revenue or sales data for 2021 - 2025, estimates for 2026, and projections of CAGR through 2032.
This report researches the key producers of Gas Turbine, also provides the consumption of main regions and countries. Of the upcoming market potential for Gas Turbine, and key regions or countries of focus to forecast this market into various segments and sub-segments. Country specific data and market value analysis for the U.S., Canada, Mexico, Brazil, China, Japan, South Korea, Southeast Asia, India, Germany, the U.K., Italy, Middle East, Africa, and Other Countries.
This report focuses on the Gas Turbine sales, revenue, market share and industry ranking of main manufacturers, data from 2021 to 2026. Identification of the major stakeholders in the global Gas Turbine market, and analysis of their competitive landscape and market positioning based on recent developments and segmental revenues. This report will help stakeholders to understand the competitive landscape and gain more insights and position their businesses and market strategies in a better way.
This report analyzes the segments data by Type and by Application, sales, revenue, and price, from 2021 to 2032. Evaluation and forecast the market size for Gas Turbine sales, projected growth trends, production technology, application and end-user industry.
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: Introduces the report scope of the report, executive summary of different market segments (by type and by application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
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: Gas Turbine production/output of global and key producers (regions/countries). It provides a quantitative analysis of the production, and development potential of each producer in the next six years.
Chapter 4: Sales (consumption), revenue of Gas Turbine in global, 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 of each country in the world.
Chapter 5: Detailed analysis of Gas Turbine manufacturers competitive landscape, price, sales, revenue, market share and industry ranking, latest development plan, merger, and acquisition information, etc.
Chapter 6: Provides the analysis of various market segments by type, covering the sales, revenue, average price, and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 7: Provides the analysis of various market segments by application, covering the sales, revenue, average price, and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 8: Provides profiles of key manufacturers, introducing the basic situation of the main companies in the market in detail, including product descriptions and specifications, Gas Turbine sales, revenue, price, gross margin, and recent development, etc.
Chapter 9: North America by type, by application and by country, sales, and revenue for each segment.
Chapter 10: Europe by type, by application and by country, sales, and revenue for each segment.
Chapter 11: China by type, by application, sales, and revenue for each segment.
Chapter 12: Asia (Excluding China) by type, by application and by region, sales, and revenue for each segment.
Chapter 13: South America, Middle East and Africa by type, by application and by country, sales, and revenue for each segment.
Chapter 14: Analysis of industrial chain, sales channel, key raw materials, distributors and customers.
Chapter 15: The main 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 Gas Turbine Market by Type
- 1.2.1 Global Gas Turbine Market Size by Type, 2021 VS 2025 VS 2032
- 1.2.2 Heavy Duty Gas Turbine
- 1.2.3 Aeroderivative Gas Turbine
- 1.2.4 Light Duty Gas Turbine
- 1.3 Gas Turbine Market by Application
- 1.3.1 Global Gas Turbine Market Size by Application, 2021 VS 2025 VS 2032
- 1.3.2 Power Generation
- 1.3.3 Oil & Gas
- 1.3.4 Other
- 1.4 Assumptions and Limitations
- 1.5 Study Goals and Objectives
2 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 Global Gas Turbine Production Overview
- 3.1 Global Gas Turbine Production Capacity (2021-2032)
- 3.2 Global Gas Turbine Production by Region: 2021 VS 2025 VS 2032
- 3.3 Global Gas Turbine Production by Region
- 3.3.1 Global Gas Turbine Production by Region (2021-2026)
- 3.3.2 Global Gas Turbine Production by Region (2027-2032)
- 3.3.3 Global Gas Turbine Production Market Share by Region (2021-2032)
- 3.4 North America
- 3.5 Europe
- 3.6 China
- 3.7 Japan
4 Global Market Growth Prospects
- 4.1 Global Gas Turbine Revenue Estimates and Forecasts (2021-2032)
- 4.2 Global Gas Turbine Revenue by Region
- 4.2.1 Global Gas Turbine Revenue by Region: 2021 VS 2025 VS 2032
- 4.2.2 Global Gas Turbine Revenue by Region (2021-2026)
- 4.2.3 Global Gas Turbine Revenue by Region (2027-2032)
- 4.2.4 Global Gas Turbine Revenue Market Share by Region (2021-2032)
- 4.3 Global Gas Turbine Sales Estimates and Forecasts 2021-2032
- 4.4 Global Gas Turbine Sales by Region
- 4.4.1 Global Gas Turbine Sales by Region: 2021 VS 2025 VS 2032
- 4.4.2 Global Gas Turbine Sales by Region (2021-2026)
- 4.4.3 Global Gas Turbine Sales by Region (2027-2032)
- 4.4.4 Global Gas Turbine Sales Market Share by Region (2021-2032)
- 4.5 North America
- 4.6 Europe
- 4.7 China
- 4.8 Asia (Excluding China)
- 4.9 South America, Middle East and Africa
5 Market Competitive Landscape by Manufacturers
- 5.1 Global Gas Turbine Revenue by Manufacturers
- 5.1.1 Global Gas Turbine Revenue by Manufacturers (2021-2026)
- 5.1.2 Global Gas Turbine Revenue Market Share by Manufacturers (2021-2026)
- 5.1.3 Global Gas Turbine Manufacturers Revenue Share Top 10 and Top 5 in 2025
- 5.2 Global Gas Turbine Sales by Manufacturers
- 5.2.1 Global Gas Turbine Sales by Manufacturers (2021-2026)
- 5.2.2 Global Gas Turbine Sales Market Share by Manufacturers (2021-2026)
- 5.2.3 Global Gas Turbine Manufacturers Sales Share Top 10 and Top 5 in 2025
- 5.3 Global Gas Turbine Sales Price by Manufacturers (2021-2026)
- 5.4 Global Gas Turbine Key Manufacturers Ranking, 2024 VS 2025 VS 2026
- 5.5 Global Gas Turbine Key Manufacturers Manufacturing Sites & Headquarters
- 5.6 Global Gas Turbine Manufacturers, Product Type & Application
- 5.7 Global Gas Turbine Manufacturers Commercialization Time
- 5.8 Market Competitive Analysis
- 5.8.1 Global Gas Turbine Market CR5 and HHI
- 5.8.2 2025 Gas Turbine Tier 1, Tier 2, and Tier 3
6 Gas Turbine Market by Type
- 6.1 Global Gas Turbine Revenue by Type
- 6.1.1 Global Gas Turbine Revenue by Type (2021-2032) & (US$ Million)
- 6.1.2 Global Gas Turbine Revenue Market Share by Type (2021-2032)
- 6.2 Global Gas Turbine Sales by Type
- 6.2.1 Global Gas Turbine Sales by Type (2021-2032) & (Units)
- 6.2.2 Global Gas Turbine Sales Market Share by Type (2021-2032)
- 6.3 Global Gas Turbine Price by Type
7 Gas Turbine Market by Application
- 7.1 Global Gas Turbine Revenue by Application
- 7.1.1 Global Gas Turbine Revenue by Application (2021-2032) & (US$ Million)
- 7.1.2 Global Gas Turbine Revenue Market Share by Application (2021-2032)
- 7.2 Global Gas Turbine Sales by Application
- 7.2.1 Global Gas Turbine Sales by Application (2021-2032) & (Units)
- 7.2.2 Global Gas Turbine Sales Market Share by Application (2021-2032)
- 7.3 Global Gas Turbine Price by Application
8 Company Profiles
- 8.1 General Electric
- 8.1.1 General Electric Company Information
- 8.1.2 General Electric Business Overview
- 8.1.3 General Electric Gas Turbine Sales, Revenue, Price and Gross Margin (2021-2026)
- 8.1.4 General Electric Gas Turbine Product Portfolio
- 8.1.5 General Electric Recent Developments
- 8.2 Siemens
- 8.2.1 Siemens Company Information
- 8.2.2 Siemens Business Overview
- 8.2.3 Siemens Gas Turbine Sales, Revenue, Price and Gross Margin (2021-2026)
- 8.2.4 Siemens Gas Turbine Product Portfolio
- 8.2.5 Siemens Recent Developments
- 8.3 Mitsubishi Hitachi Power Systems
- 8.3.1 Mitsubishi Hitachi Power Systems Company Information
- 8.3.2 Mitsubishi Hitachi Power Systems Business Overview
- 8.3.3 Mitsubishi Hitachi Power Systems Gas Turbine Sales, Revenue, Price and Gross Margin (2021-2026)
- 8.3.4 Mitsubishi Hitachi Power Systems Gas Turbine Product Portfolio
- 8.3.5 Mitsubishi Hitachi Power Systems Recent Developments
- 8.4 Wood Group
- 8.4.1 Wood Group Company Information
- 8.4.2 Wood Group Business Overview
- 8.4.3 Wood Group Gas Turbine Sales, Revenue, Price and Gross Margin (2021-2026)
- 8.4.4 Wood Group Gas Turbine Product Portfolio
- 8.4.5 Wood Group Recent Developments
- 8.5 Kawasaki Heavy Industries
- 8.5.1 Kawasaki Heavy Industries Company Information
- 8.5.2 Kawasaki Heavy Industries Business Overview
- 8.5.3 Kawasaki Heavy Industries Gas Turbine Sales, Revenue, Price and Gross Margin (2021-2026)
- 8.5.4 Kawasaki Heavy Industries Gas Turbine Product Portfolio
- 8.5.5 Kawasaki Heavy Industries Recent Developments
- 8.6 Solar Turbines
- 8.6.1 Solar Turbines Company Information
- 8.6.2 Solar Turbines Business Overview
- 8.6.3 Solar Turbines Gas Turbine Sales, Revenue, Price and Gross Margin (2021-2026)
- 8.6.4 Solar Turbines Gas Turbine Product Portfolio
- 8.6.5 Solar Turbines Recent Developments
- 8.7 Ansaldo Energia
- 8.7.1 Ansaldo Energia Company Information
- 8.7.2 Ansaldo Energia Business Overview
- 8.7.3 Ansaldo Energia Gas Turbine Sales, Revenue, Price and Gross Margin (2021-2026)
- 8.7.4 Ansaldo Energia Gas Turbine Product Portfolio
- 8.7.5 Ansaldo Energia Recent Developments
- 8.8 MTU Aero Engines
- 8.8.1 MTU Aero Engines Company Information
- 8.8.2 MTU Aero Engines Business Overview
- 8.8.3 MTU Aero Engines Gas Turbine Sales, Revenue, Price and Gross Margin (2021-2026)
- 8.8.4 MTU Aero Engines Gas Turbine Product Portfolio
- 8.8.5 MTU Aero Engines Recent Developments
- 8.9 Sulzer
- 8.9.1 Sulzer Company Information
- 8.9.2 Sulzer Business Overview
- 8.9.3 Sulzer Gas Turbine Sales, Revenue, Price and Gross Margin (2021-2026)
- 8.9.4 Sulzer Gas Turbine Product Portfolio
- 8.9.5 Sulzer Recent Developments
- 8.10 MAN Diesel and Turbo
- 8.10.1 MAN Diesel and Turbo Company Information
- 8.10.2 MAN Diesel and Turbo Business Overview
- 8.10.3 MAN Diesel and Turbo Gas Turbine Sales, Revenue, Price and Gross Margin (2021-2026)
- 8.10.4 MAN Diesel and Turbo Gas Turbine Product Portfolio
- 8.10.5 MAN Diesel and Turbo Recent Developments
- 8.11 MJB International
- 8.11.1 MJB International Company Information
- 8.11.2 MJB International Business Overview
- 8.11.3 MJB International Gas Turbine Sales, Revenue, Price and Gross Margin (2021-2026)
- 8.11.4 MJB International Gas Turbine Product Portfolio
- 8.11.5 MJB International Recent Developments
- 8.12 Proenergy Services
- 8.12.1 Proenergy Services Company Information
- 8.12.2 Proenergy Services Business Overview
- 8.12.3 Proenergy Services Gas Turbine Sales, Revenue, Price and Gross Margin (2021-2026)
- 8.12.4 Proenergy Services Gas Turbine Product Portfolio
- 8.12.5 Proenergy Services Recent Developments
- 8.13 MAN Energy
- 8.13.1 MAN Energy Company Information
- 8.13.2 MAN Energy Business Overview
- 8.13.3 MAN Energy Gas Turbine Sales, Revenue, Price and Gross Margin (2021-2026)
- 8.13.4 MAN Energy Gas Turbine Product Portfolio
- 8.13.5 MAN Energy Recent Developments
- 8.14 BHEL
- 8.14.1 BHEL Company Information
- 8.14.2 BHEL Business Overview
- 8.14.3 BHEL Gas Turbine Sales, Revenue, Price and Gross Margin (2021-2026)
- 8.14.4 BHEL Gas Turbine Product Portfolio
- 8.14.5 BHEL Recent Developments
9 North America
- 9.1 North America Gas Turbine Market Size by Type
- 9.1.1 North America Gas Turbine Revenue by Type (2021-2032)
- 9.1.2 North America Gas Turbine Sales by Type (2021-2032)
- 9.1.3 North America Gas Turbine Price by Type (2021-2032)
- 9.2 North America Gas Turbine Market Size by Application
- 9.2.1 North America Gas Turbine Revenue by Application (2021-2032)
- 9.2.2 North America Gas Turbine Sales by Application (2021-2032)
- 9.2.3 North America Gas Turbine Price by Application (2021-2032)
- 9.3 North America Gas Turbine Market Size by Country
- 9.3.1 North America Gas Turbine Revenue Grow Rate by Country (2021 VS 2025 VS 2032)
- 9.3.2 North America Gas Turbine Sales by Country (2021 VS 2025 VS 2032)
- 9.3.3 North America Gas Turbine Price by Country (2021-2032)
- 9.3.4 United States
- 9.3.5 Canada
- 9.3.6 Mexico
10 Europe
- 10.1 Europe Gas Turbine Market Size by Type
- 10.1.1 Europe Gas Turbine Revenue by Type (2021-2032)
- 10.1.2 Europe Gas Turbine Sales by Type (2021-2032)
- 10.1.3 Europe Gas Turbine Price by Type (2021-2032)
- 10.2 Europe Gas Turbine Market Size by Application
- 10.2.1 Europe Gas Turbine Revenue by Application (2021-2032)
- 10.2.2 Europe Gas Turbine Sales by Application (2021-2032)
- 10.2.3 Europe Gas Turbine Price by Application (2021-2032)
- 10.3 Europe Gas Turbine Market Size by Country
- 10.3.1 Europe Gas Turbine Revenue Grow Rate by Country (2021 VS 2025 VS 2032)
- 10.3.2 Europe Gas Turbine Sales by Country (2021 VS 2025 VS 2032)
- 10.3.3 Europe Gas Turbine Price by Country (2021-2032)
- 10.3.4 Germany
- 10.3.5 France
- 10.3.6 U.K.
- 10.3.7 Italy
- 10.3.8 Russia
- 10.3.9 Spain
- 10.3.10 Netherlands
- 10.3.11 Switzerland
- 10.3.12 Sweden
11 China
- 11.1 China Gas Turbine Market Size by Type
- 11.1.1 China Gas Turbine Revenue by Type (2021-2032)
- 11.1.2 China Gas Turbine Sales by Type (2021-2032)
- 11.1.3 China Gas Turbine Price by Type (2021-2032)
- 11.2 China Gas Turbine Market Size by Application
- 11.2.1 China Gas Turbine Revenue by Application (2021-2032)
- 11.2.2 China Gas Turbine Sales by Application (2021-2032)
- 11.2.3 China Gas Turbine Price by Application (2021-2032)
12 Asia (Excluding China)
- 12.1 Asia Gas Turbine Market Size by Type
- 12.1.1 Asia Gas Turbine Revenue by Type (2021-2032)
- 12.1.2 Asia Gas Turbine Sales by Type (2021-2032)
- 12.1.3 Asia Gas Turbine Price by Type (2021-2032)
- 12.2 Asia Gas Turbine Market Size by Application
- 12.2.1 Asia Gas Turbine Revenue by Application (2021-2032)
- 12.2.2 Asia Gas Turbine Sales by Application (2021-2032)
- 12.2.3 Asia Gas Turbine Price by Application (2021-2032)
- 12.3 Asia Gas Turbine Market Size by Country
- 12.3.1 Asia Gas Turbine Revenue Grow Rate by Country (2021 VS 2025 VS 2032)
- 12.3.2 Asia Gas Turbine Sales by Country (2021 VS 2025 VS 2032)
- 12.3.3 Asia Gas Turbine Price by Country (2021-2032)
- 12.3.4 Japan
- 12.3.5 South Korea
- 12.3.6 India
- 12.3.7 Australia
- 12.3.8 Taiwan
- 12.3.9 Southeast Asia
13 South America, Middle East and Africa
- 13.1 SAMEA Gas Turbine Market Size by Type
- 13.1.1 SAMEA Gas Turbine Revenue by Type (2021-2032)
- 13.1.2 SAMEA Gas Turbine Sales by Type (2021-2032)
- 13.1.3 SAMEA Gas Turbine Price by Type (2021-2032)
- 13.2 SAMEA Gas Turbine Market Size by Application
- 13.2.1 SAMEA Gas Turbine Revenue by Application (2021-2032)
- 13.2.2 SAMEA Gas Turbine Sales by Application (2021-2032)
- 13.2.3 SAMEA Gas Turbine Price by Application (2021-2032)
- 13.3 SAMEA Gas Turbine Market Size by Country
- 13.3.1 SAMEA Gas Turbine Revenue Grow Rate by Country (2021 VS 2025 VS 2032)
- 13.3.2 SAMEA Gas Turbine Sales by Country (2021 VS 2025 VS 2032)
- 13.3.3 SAMEA Gas Turbine Price by Country (2021-2032)
- 13.3.4 Brazil
- 13.3.5 Argentina
- 13.3.6 Chile
- 13.3.7 Colombia
- 13.3.8 Peru
- 13.3.9 Saudi Arabia
- 13.3.10 Israel
- 13.3.11 UAE
- 13.3.12 Turkey
- 13.3.13 Iran
- 13.3.14 Egypt
14 Value Chain and Sales Channels Analysis
- 14.1 Gas Turbine Value Chain Analysis
- 14.1.1 Gas Turbine Key Raw Materials
- 14.1.2 Raw Materials Key Suppliers
- 14.1.3 Manufacturing Cost Structure
- 14.1.4 Gas Turbine Production Mode & Process
- 14.2 Gas Turbine Sales Channels Analysis
- 14.2.1 Direct Comparison with Distribution Share
- 14.2.2 Gas Turbine Distributors
- 14.2.3 Gas Turbine Customers
15 Concluding Insights
16 Appendix
- 16.1 Reasons for Doing This Study
- 16.2 Research Methodology
- 16.3 Research Process
- 16.4 Authors List of This Report
- 16.5 Data Source
- 16.5.1 Secondary Sources
- 16.5.2 Primary Sources
- 16.6 Disclaimer
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