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Single Shaft Turbine Industry Research Report 2026
Market perspective
The global Single Shaft Turbine market was valued at US$ million in 2025 and is projected to reach US$ million by 2032, implying a CAGR of % over 2026–2032.
The North America market for Single Shaft Turbine is forecast to increase from US$ million in 2026 to US$ million by 2032, corresponding to a CAGR of % over 2026–2032.
The Europe market for Single Shaft Turbine is projected to rise from US$ million in 2026 to US$ million by 2032, registering a CAGR of % over 2026–2032.
Read the full market overview
The Asia Pacific market for Single Shaft Turbine is expected to grow from US$ million in 2026 to US$ million by 2032, at a CAGR of % over 2026–2032.
Leading global manufacturers of Single Shaft Turbine include among others. In 2025, the top three vendors together accounted for approximately % of global revenue.
Report Scope
This report quantifies the global Single Shaft Turbine market in revenue (US$ million) and, where applicable, sales volume (k units), using 2025 as the base year and providing annual historical and forecast data for 2021–2032.
It standardizes definitions of types and applications, harmonizes vendor attribution, and presents comparable time series by company, type, application, and region/country, including indicative price bands (US$/k units) and concentration ratios (CR5/CR10).
The outputs are intended to support strategy development, budgeting, and performance benchmarking for manufacturers, new entrants, channel partners, and investors; the report also reviews technology shifts and notable product introductions relevant to Single Shaft Turbine.
Key Companies & Market Share Insights
This section profiles leading manufacturers, combining 2021–2025 results with a 2026–2032 outlook. It reports revenue, market share, price bands, product and application mix, regional and channel mix, and key developments (M&A, capacity additions, certifications). It also provides global revenue, average price, and—where applicable—sales volume by manufacturer, and calculates CR5/CR10 and rank changes to support comparative benchmarking.
Single Shaft Turbine Market by Company
Baker Hughes
Siemens
GE
Solar Turbines
Mitsubishi Heavy Industries, Ltd
Shanghai Electric Group Co., Ltd.
Single Shaft Turbine Segment by Type
Gas Turbine
Steam Turbine
Single Shaft Turbine Segment by Application
Industrial
Cogeneration
Other
Single Shaft 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 Single Shaft 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 Single Shaft 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 Single Shaft 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: Research objectives, research methods, data sources, data cross-validation;
Chapter 2: Introduces the report scope of the report, executive summary of different market segments (by region, product type, 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 3: Detailed analysis of Single Shaft Turbine manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: 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 5: Production/output, value of Single Shaft Turbine by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 6: Consumption of Single Shaft 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 7: 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 8: 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 9: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 10: 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 11: The main points and conclusions of the report.
More report detail
Tables and figures
Scope & coverage.
Types
- Gas Turbine
- Steam Turbine
Applications
- Industrial
- Cogeneration
- Other
Companies covered
- Baker Hughes
- Siemens
- GE
- Solar Turbines
- Mitsubishi Heavy Industries, Ltd
- Shanghai Electric Group Co., Ltd.
Inside the report.
1 Preface
- 1.1 Scope of Report
- 1.2 Reasons for Doing This Study
- 1.3 Research Methodology
- 1.4 Research Process
- 1.5 Data Source
- 1.5.1 Secondary Sources
- 1.5.2 Primary Sources
2 Market Overview
- 2.1 Product Definition
- 2.2 Single Shaft Turbine by Type
- 2.2.1 Market Value Comparison by Type (2021 VS 2025 VS 2032) & (US$ Million)
- 2.2.2 Gas Turbine
- 2.2.3 Steam Turbine
- 2.3 Single Shaft Turbine by Application
- 2.3.1 Market Value Comparison by Application (2021 VS 2025 VS 2032) & (US$ Million)
- 2.3.2 Industrial
- 2.3.3 Cogeneration
- 2.3.4 Other
- 2.4 Global Market Growth Prospects
- 2.4.1 Global Single Shaft Turbine Production Value Estimates and Forecasts (2021-2032)
- 2.4.2 Global Single Shaft Turbine Production Capacity Estimates and Forecasts (2021-2032)
- 2.4.3 Global Single Shaft Turbine Production Estimates and Forecasts (2021-2032)
- 2.4.4 Global Single Shaft Turbine Market Average Price (2021-2032)
3 Market Competitive Landscape by Manufacturers
- 3.1 Global Single Shaft Turbine Production by Manufacturers (2021-2026)
- 3.2 Global Single Shaft Turbine Production Value by Manufacturers (2021-2026)
- 3.3 Global Single Shaft Turbine Average Price by Manufacturers (2021-2026)
- 3.4 Global Single Shaft Turbine Industry Manufacturers Ranking, 2024 VS 2025 VS 2026
- 3.5 Global Single Shaft Turbine Key Manufacturers, Manufacturing Sites & Headquarters
- 3.6 Global Single Shaft Turbine Manufacturers, Product Type & Application
- 3.7 Global Single Shaft Turbine Manufacturers Established Date
- 3.8 Global Single Shaft Turbine Market CR5 and HHI
- 3.9 Global Manufacturers Mergers & Acquisition
4 Manufacturers Profiled
- 4.1 Baker Hughes
- 4.1.1 Baker Hughes Single Shaft Turbine Company Information
- 4.1.2 Baker Hughes Single Shaft Turbine Business Overview
- 4.1.3 Baker Hughes Single Shaft Turbine Production, Value and Gross Margin (2021-2026)
- 4.1.4 Baker Hughes Product Portfolio
- 4.1.5 Baker Hughes Recent Developments
- 4.2 Siemens
- 4.2.1 Siemens Single Shaft Turbine Company Information
- 4.2.2 Siemens Single Shaft Turbine Business Overview
- 4.2.3 Siemens Single Shaft Turbine Production, Value and Gross Margin (2021-2026)
- 4.2.4 Siemens Product Portfolio
- 4.2.5 Siemens Recent Developments
- 4.3 GE
- 4.3.1 GE Single Shaft Turbine Company Information
- 4.3.2 GE Single Shaft Turbine Business Overview
- 4.3.3 GE Single Shaft Turbine Production, Value and Gross Margin (2021-2026)
- 4.3.4 GE Product Portfolio
- 4.3.5 GE Recent Developments
- 4.4 Solar Turbines
- 4.4.1 Solar Turbines Single Shaft Turbine Company Information
- 4.4.2 Solar Turbines Single Shaft Turbine Business Overview
- 4.4.3 Solar Turbines Single Shaft Turbine Production, Value and Gross Margin (2021-2026)
- 4.4.4 Solar Turbines Product Portfolio
- 4.4.5 Solar Turbines Recent Developments
- 4.5 Mitsubishi Heavy Industries, Ltd
- 4.5.1 Mitsubishi Heavy Industries, Ltd Single Shaft Turbine Company Information
- 4.5.2 Mitsubishi Heavy Industries, Ltd Single Shaft Turbine Business Overview
- 4.5.3 Mitsubishi Heavy Industries, Ltd Single Shaft Turbine Production, Value and Gross Margin (2021-2026)
- 4.5.4 Mitsubishi Heavy Industries, Ltd Product Portfolio
- 4.5.5 Mitsubishi Heavy Industries, Ltd Recent Developments
- 4.6 Shanghai Electric Group Co., Ltd.
- 4.6.1 Shanghai Electric Group Co., Ltd. Single Shaft Turbine Company Information
- 4.6.2 Shanghai Electric Group Co., Ltd. Single Shaft Turbine Business Overview
- 4.6.3 Shanghai Electric Group Co., Ltd. Single Shaft Turbine Production, Value and Gross Margin (2021-2026)
- 4.6.4 Shanghai Electric Group Co., Ltd. Product Portfolio
- 4.6.5 Shanghai Electric Group Co., Ltd. Recent Developments
5 Global Single Shaft Turbine Production by Region
- 5.1 Global Single Shaft Turbine Production Estimates and Forecasts by Region: 2021 VS 2025 VS 2032
- 5.2 Global Single Shaft Turbine Production by Region: 2021-2032
- 5.2.1 Global Single Shaft Turbine Production by Region: 2021-2026
- 5.2.2 Global Single Shaft Turbine Production Forecast by Region (2027-2032)
- 5.3 Global Single Shaft Turbine Production Value Estimates and Forecasts by Region: 2021 VS 2025 VS 2032
- 5.4 Global Single Shaft Turbine Production Value by Region: 2021-2032
- 5.4.1 Global Single Shaft Turbine Production Value by Region: 2021-2026
- 5.4.2 Global Single Shaft Turbine Production Value Forecast by Region (2027-2032)
- 5.5 Global Single Shaft Turbine Market Price Analysis by Region (2021-2026)
- 5.6 Global Single Shaft Turbine Production and Value, YOY Growth
- 5.6.1 North America Single Shaft Turbine Production Value Estimates and Forecasts (2021-2032)
- 5.6.2 Europe Single Shaft Turbine Production Value Estimates and Forecasts (2021-2032)
- 5.6.3 China Single Shaft Turbine Production Value Estimates and Forecasts (2021-2032)
- 5.6.4 Japan Single Shaft Turbine Production Value Estimates and Forecasts (2021-2032)
6 Global Single Shaft Turbine Consumption by Region
- 6.1 Global Single Shaft Turbine Consumption Estimates and Forecasts by Region: 2021 VS 2025 VS 2032
- 6.2 Global Single Shaft Turbine Consumption by Region (2021-2032)
- 6.2.1 Global Single Shaft Turbine Consumption by Region: 2021-2026
- 6.2.2 Global Single Shaft Turbine Forecasted Consumption by Region (2027-2032)
- 6.3 North America
- 6.3.1 North America Single Shaft Turbine Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 6.3.2 North America Single Shaft Turbine Consumption by Country (2021-2032)
- 6.3.3 United States
- 6.3.4 Canada
- 6.3.5 Mexico
- 6.4 Europe
- 6.4.1 Europe Single Shaft Turbine Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 6.4.2 Europe Single Shaft Turbine Consumption by Country (2021-2032)
- 6.4.3 Germany
- 6.4.4 France
- 6.4.5 U.K.
- 6.4.6 Italy
- 6.4.7 Russia
- 6.4.8 Spain
- 6.4.9 Netherlands
- 6.4.10 Switzerland
- 6.4.11 Sweden
- 6.4.12 Poland
- 6.5 Asia Pacific
- 6.5.1 Asia Pacific Single Shaft Turbine Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 6.5.2 Asia Pacific Single Shaft Turbine Consumption by Country (2021-2032)
- 6.5.3 China
- 6.5.4 Japan
- 6.5.5 South Korea
- 6.5.6 India
- 6.5.7 Australia
- 6.5.8 Taiwan
- 6.5.9 Southeast Asia
- 6.6 South America, Middle East & Africa
- 6.6.1 South America, Middle East & Africa Single Shaft Turbine Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 6.6.2 South America, Middle East & Africa Single Shaft Turbine Consumption by Country (2021-2032)
- 6.6.3 Brazil
- 6.6.4 Argentina
- 6.6.5 Chile
- 6.6.6 Turkey
- 6.6.7 GCC Countries
7 Segment by Type
- 7.1 Global Single Shaft Turbine Production by Type (2021-2032)
- 7.1.1 Global Single Shaft Turbine Production by Type (2021-2032) & (k units)
- 7.1.2 Global Single Shaft Turbine Production Market Share by Type (2021-2032)
- 7.2 Global Single Shaft Turbine Production Value by Type (2021-2032)
- 7.2.1 Global Single Shaft Turbine Production Value by Type (2021-2032) & (US$ Million)
- 7.2.2 Global Single Shaft Turbine Production Value Market Share by Type (2021-2032)
- 7.3 Global Single Shaft Turbine Price by Type (2021-2032)
8 Segment by Application
- 8.1 Global Single Shaft Turbine Production by Application (2021-2032)
- 8.1.1 Global Single Shaft Turbine Production by Application (2021-2032) & (k units)
- 8.1.2 Global Single Shaft Turbine Production Market Share by Application (2021-2032)
- 8.2 Global Single Shaft Turbine Production Value by Application (2021-2032)
- 8.2.1 Global Single Shaft Turbine Production Value by Application (2021-2032) & (US$ Million)
- 8.2.2 Global Single Shaft Turbine Production Value Market Share by Application (2021-2032)
- 8.3 Global Single Shaft Turbine Price by Application (2021-2032)
9 Value Chain and Sales Channels Analysis of the Market
- 9.1 Single Shaft Turbine Value Chain Analysis
- 9.1.1 Single Shaft Turbine Key Raw Materials
- 9.1.2 Raw Materials Key Suppliers
- 9.1.3 Single Shaft Turbine Production Mode & Process
- 9.2 Single Shaft Turbine Sales Channels Analysis
- 9.2.1 Direct Comparison with Distribution Share
- 9.2.2 Single Shaft Turbine Distributors
- 9.2.3 Single Shaft Turbine Customers
10 Global Single Shaft Turbine Analyzing Market Dynamics
- 10.1 Single Shaft Turbine Industry Trends
- 10.2 Single Shaft Turbine Industry Drivers
- 10.3 Single Shaft Turbine Industry Opportunities and Challenges
- 10.4 Single Shaft Turbine Industry Restraints
11 Report Conclusion
12 Disclaimer
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