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Industrial Gas Turbines

A Industrial Gas Turbine engine is a type of internal combustion engine. Essentially, the engine can be viewed as an energy conversion device that converts energy stored in the fuel to useful mechanical energy in the form of rotational power. The term “gas” refers to the ambient air that is taken into the engine and used as the working medium in the energy conversion process.

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Product & engineering

Understand the product.

A Industrial Gas Turbine engine is a type of internal combustion engine. Essentially, the engine can be viewed as an energy conversion device that converts energy stored in the fuel to useful mechanical energy in the form of rotational power. The term “gas” refers to the ambient air that is taken into the engine and used as the working medium in the energy conversion process.

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Industry Growth & Trends

Global Industrial Gas Turbines Industry Growth and Trends Forecast to 2032

21 December 202592 pages

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Industry ResearchIndustrial Gas Turbines Industry Research Report 2026124 pages · $2,950 USDIndustry Growth & TrendsGlobal Industrial Gas Turbines Industry Growth and Trends Forecast to 203292 pages · $3,450 USDMarket StructureGlobal Industrial Gas Turbines Market by Size, by Type, by Application, by Region, History and Forecast 2021-2032183 pages · $3,950 USDMarket Outlook & Growth OpportunitiesGlobal Industrial Gas Turbines Market Outlook and Growth Opportunities 2026197 pages · $4,250 USDMarket Analysis & ForecastGlobal Industrial Gas Turbines Market Analysis and Forecast 2026-2032202 pages · $4,950 USD

Market perspective

A Industrial Gas Turbine engine is a type of internal combustion engine. Essentially, the engine can be viewed as an energy conversion device that converts energy stored in the fuel to useful mechanical energy in the form of rotational power. The term “gas” refers to the ambient air that is taken into the engine and used as the working medium in the energy conversion process.

Global Industrial Gas Turbines key players include Siemens, Kawasaki, Solar Turbines, etc. Global top three manufacturers hold a share over 70%.

Europe is the largest market, with a share over 35%, followed by Asia-Pacific, and North America, both have a share over 55 percent.

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In terms of product, Less Than 20MW is the largest segment, with a share about 70%. And in terms of application, the largest application is Power Generation, followed by Oil and Gas, etc.

Report Scope

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

The Industrial Gas Turbines 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 Industrial Gas Turbines 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 Industrial Gas Turbines.

Key Companies & Market Share Insights

This section analyzes the strategies and performance of leading manufacturers in the global Industrial Gas Turbines 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.

Industrial Gas Turbines Market by Company

GE

Siemens

MHPS

Ansaldo

Kawasaki

Solar Turbines

MAN Energy

BHEL

Industrial Gas Turbines Segment by Type

Less Than 20MW

More Than 20MW

Industrial Gas Turbines Segment by Application

Power Generation

Oil and Gas

Other

Industrial Gas Turbines 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 Industrial Gas Turbines 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 Industrial Gas Turbines 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 Industrial Gas Turbines.

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 Industrial Gas Turbines manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.

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

Scope & coverage.

Types
  • Less Than 20MW
  • More Than 20MW
Applications
  • Power Generation
  • Oil and Gas
  • Other
Companies covered
  • GE
  • Siemens
  • MHPS
  • Ansaldo
  • Kawasaki
  • Solar Turbines
  • 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 Industrial Gas Turbines Market Size Estimates and Forecasts (2021-2032)
  4. 1.2.2 Global Industrial Gas Turbines Sales Estimates and Forecasts (2021-2032)
  5. 1.3 Industrial Gas Turbines Market by Type
  6. 1.3.1 Less Than 20MW
  7. 1.3.2 More Than 20MW
  8. 1.4 Global Industrial Gas Turbines Market Size by Type
  9. 1.4.1 Global Industrial Gas Turbines Market Size Overview by Type (2021-2032)
  10. 1.4.2 Global Industrial Gas Turbines Historic Market Size Review by Type (2021-2026)
  11. 1.4.3 Global Industrial Gas Turbines Forecasted Market Size by Type (2027-2032)
  12. 1.5 Key Regions Market Size by Type
  13. 1.5.1 North America Industrial Gas Turbines Sales Breakdown by Type (2021-2026)
  14. 1.5.2 Europe Industrial Gas Turbines Sales Breakdown by Type (2021-2026)
  15. 1.5.3 Asia-Pacific Industrial Gas Turbines Sales Breakdown by Type (2021-2026)
  16. 1.5.4 South America Industrial Gas Turbines Sales Breakdown by Type (2021-2026)
  17. 1.5.5 Middle East and Africa Industrial Gas Turbines Sales Breakdown by Type (2021-2026)
2 Global Market Dynamics
  1. 2.1 Industrial Gas Turbines Industry Trends
  2. 2.2 Industrial Gas Turbines Industry Drivers
  3. 2.3 Industrial Gas Turbines Industry Opportunities and Challenges
  4. 2.4 Industrial Gas Turbines Industry Restraints
3 Market Competitive Landscape by Company
  1. 3.1 Global Top Players by Industrial Gas Turbines Revenue (2021-2026)
  2. 3.2 Global Top Players by Industrial Gas Turbines Sales (2021-2026)
  3. 3.3 Global Top Players by Industrial Gas Turbines Price (2021-2026)
  4. 3.4 Global Industrial Gas Turbines Industry Company Ranking, 2024 VS 2025 VS 2026
  5. 3.5 Global Industrial Gas Turbines Major Company Production Sites & Headquarters
  6. 3.6 Global Industrial Gas Turbines Company, Product Type & Application
  7. 3.7 Global Industrial Gas Turbines Company Establishment Date
  8. 3.8 Market Competitive Analysis
  9. 3.8.1 Global Industrial Gas Turbines Market CR5 and HHI
  10. 3.8.2 Global Top 5 and 10 Industrial Gas Turbines Players Market Share by Revenue in 2025
  11. 3.8.3 2025 Industrial Gas Turbines Tier 1, Tier 2, and Tier 3
4 Industrial Gas Turbines Regional Status and Outlook
  1. 4.1 Global Industrial Gas Turbines Market Size and CAGR by Region: 2021 VS 2025 VS 2032
  2. 4.2 Global Industrial Gas Turbines Historic Market Size by Region
  3. 4.2.1 Global Industrial Gas Turbines Sales in Volume by Region (2021-2026)
  4. 4.2.2 Global Industrial Gas Turbines Sales in Value by Region (2021-2026)
  5. 4.2.3 Global Industrial Gas Turbines Sales (Volume & Value), Price and Gross Margin (2021-2026)
  6. 4.3 Global Industrial Gas Turbines Forecasted Market Size by Region
  7. 4.3.1 Global Industrial Gas Turbines Sales in Volume by Region (2027-2032)
  8. 4.3.2 Global Industrial Gas Turbines Sales in Value by Region (2027-2032)
  9. 4.3.3 Global Industrial Gas Turbines Sales (Volume & Value), Price and Gross Margin (2027-2032)
5 Industrial Gas Turbines by Application
  1. 5.1 Industrial Gas Turbines Market by Application
  2. 5.1.1 Power Generation
  3. 5.1.2 Oil and Gas
  4. 5.1.3 Other
  5. 5.2 Global Industrial Gas Turbines Market Size by Application
  6. 5.2.1 Global Industrial Gas Turbines Market Size Overview by Application (2021-2032)
  7. 5.2.2 Global Industrial Gas Turbines Historic Market Size Review by Application (2021-2026)
  8. 5.2.3 Global Industrial Gas Turbines Forecasted Market Size by Application (2027-2032)
  9. 5.3 Key Regions Market Size by Application
  10. 5.3.1 North America Industrial Gas Turbines Sales Breakdown by Application (2021-2026)
  11. 5.3.2 Europe Industrial Gas Turbines Sales Breakdown by Application (2021-2026)
  12. 5.3.3 Asia-Pacific Industrial Gas Turbines Sales Breakdown by Application (2021-2026)
  13. 5.3.4 South America Industrial Gas Turbines Sales Breakdown by Application (2021-2026)
  14. 5.3.5 Middle East and Africa Industrial Gas Turbines Sales Breakdown by Application (2021-2026)
6 Company Profiles
  1. 6.1 GE
  2. 6.1.1 GE Company Information
  3. 6.1.2 GE Business Overview
  4. 6.1.3 GE Industrial Gas Turbines Sales, Revenue and Gross Margin (2021-2026)
  5. 6.1.4 GE Industrial Gas Turbines Product Portfolio
  6. 6.1.5 GE 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 Industrial Gas Turbines Sales, Revenue and Gross Margin (2021-2026)
  11. 6.2.4 Siemens Industrial Gas Turbines Product Portfolio
  12. 6.2.5 Siemens Recent Developments
  13. 6.3 MHPS
  14. 6.3.1 MHPS Company Information
  15. 6.3.2 MHPS Business Overview
  16. 6.3.3 MHPS Industrial Gas Turbines Sales, Revenue and Gross Margin (2021-2026)
  17. 6.3.4 MHPS Industrial Gas Turbines Product Portfolio
  18. 6.3.5 MHPS Recent Developments
  19. 6.4 Ansaldo
  20. 6.4.1 Ansaldo Company Information
  21. 6.4.2 Ansaldo Business Overview
  22. 6.4.3 Ansaldo Industrial Gas Turbines Sales, Revenue and Gross Margin (2021-2026)
  23. 6.4.4 Ansaldo Industrial Gas Turbines Product Portfolio
  24. 6.4.5 Ansaldo Recent Developments
  25. 6.5 Kawasaki
  26. 6.5.1 Kawasaki Company Information
  27. 6.5.2 Kawasaki Business Overview
  28. 6.5.3 Kawasaki Industrial Gas Turbines Sales, Revenue and Gross Margin (2021-2026)
  29. 6.5.4 Kawasaki Industrial Gas Turbines Product Portfolio
  30. 6.5.5 Kawasaki 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 Industrial Gas Turbines Sales, Revenue and Gross Margin (2021-2026)
  35. 6.6.4 Solar Turbines Industrial Gas Turbines Product Portfolio
  36. 6.6.5 Solar Turbines Recent Developments
  37. 6.7 MAN Energy
  38. 6.7.1 MAN Energy Company Information
  39. 6.7.2 MAN Energy Business Overview
  40. 6.7.3 MAN Energy Industrial Gas Turbines Sales, Revenue and Gross Margin (2021-2026)
  41. 6.7.4 MAN Energy Industrial Gas Turbines Product Portfolio
  42. 6.7.5 MAN Energy Recent Developments
  43. 6.8 BHEL
  44. 6.8.1 BHEL Company Information
  45. 6.8.2 BHEL Business Overview
  46. 6.8.3 BHEL Industrial Gas Turbines Sales, Revenue and Gross Margin (2021-2026)
  47. 6.8.4 BHEL Industrial Gas Turbines Product Portfolio
  48. 6.8.5 BHEL Recent Developments
7 North America by Country
  1. 7.1 North America Industrial Gas Turbines Sales by Country
  2. 7.1.1 North America Industrial Gas Turbines Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
  3. 7.1.2 North America Industrial Gas Turbines Sales by Country (2021-2026)
  4. 7.1.3 North America Industrial Gas Turbines Sales Forecast by Country (2027-2032)
  5. 7.2 North America Industrial Gas Turbines Market Size by Country
  6. 7.2.1 North America Industrial Gas Turbines Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
  7. 7.2.2 North America Industrial Gas Turbines Market Size by Country (2021-2026)
  8. 7.2.3 North America Industrial Gas Turbines Market Size Forecast by Country (2027-2032)
8 Europe by Country
  1. 8.1 Europe Industrial Gas Turbines Sales by Country
  2. 8.1.1 Europe Industrial Gas Turbines Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
  3. 8.1.2 Europe Industrial Gas Turbines Sales by Country (2021-2026)
  4. 8.1.3 Europe Industrial Gas Turbines Sales Forecast by Country (2027-2032)
  5. 8.2 Europe Industrial Gas Turbines Market Size by Country
  6. 8.2.1 Europe Industrial Gas Turbines Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
  7. 8.2.2 Europe Industrial Gas Turbines Market Size by Country (2021-2026)
  8. 8.2.3 Europe Industrial Gas Turbines Market Size Forecast by Country (2027-2032)
9 Asia-Pacific by Country
  1. 9.1 Asia-Pacific Industrial Gas Turbines Sales by Country
  2. 9.1.1 Asia-Pacific Industrial Gas Turbines Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
  3. 9.1.2 Asia-Pacific Industrial Gas Turbines Sales by Country (2021-2026)
  4. 9.1.3 Asia-Pacific Industrial Gas Turbines Sales Forecast by Country (2027-2032)
  5. 9.2 Asia-Pacific Industrial Gas Turbines Market Size by Country
  6. 9.2.1 Asia-Pacific Industrial Gas Turbines Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
  7. 9.2.2 Asia-Pacific Industrial Gas Turbines Market Size by Country (2021-2026)
  8. 9.2.3 Asia-Pacific Industrial Gas Turbines Market Size Forecast by Country (2027-2032)
10 South America by Country
  1. 10.1 South America Industrial Gas Turbines Sales by Country
  2. 10.1.1 South America Industrial Gas Turbines Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
  3. 10.1.2 South America Industrial Gas Turbines Sales by Country (2021-2026)
  4. 10.1.3 South America Industrial Gas Turbines Sales Forecast by Country (2027-2032)
  5. 10.2 South America Industrial Gas Turbines Market Size by Country
  6. 10.2.1 South America Industrial Gas Turbines Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
  7. 10.2.2 South America Industrial Gas Turbines Market Size by Country (2021-2026)
  8. 10.2.3 South America Industrial Gas Turbines Market Size Forecast by Country (2027-2032)
11 Middle East and Africa by Country
  1. 11.1 Middle East and Africa Industrial Gas Turbines Sales by Country
  2. 11.1.1 Middle East and Africa Industrial Gas Turbines Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
  3. 11.1.2 Middle East and Africa Industrial Gas Turbines Sales by Country (2021-2026)
  4. 11.1.3 Middle East and Africa Industrial Gas Turbines Sales Forecast by Country (2027-2032)
  5. 11.2 Middle East and Africa Industrial Gas Turbines Market Size by Country
  6. 11.2.1 Middle East and Africa Industrial Gas Turbines Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
  7. 11.2.2 Middle East and Africa Industrial Gas Turbines Market Size by Country (2021-2026)
  8. 11.2.3 Middle East and Africa Industrial Gas Turbines Market Size Forecast by Country (2027-2032)
12 Value Chain and Sales Channels Analysis
  1. 12.1 Industrial Gas Turbines Value Chain Analysis
  2. 12.1.1 Industrial Gas Turbines 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 Industrial Gas Turbines Production Mode & Process
  7. 12.2 Industrial Gas Turbines Sales Channels Analysis
  8. 12.2.1 Direct Comparison with Distribution Share
  9. 12.2.2 Industrial Gas Turbines Distributors
  10. 12.2.3 Industrial Gas Turbines 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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