Analysts’ Viewpoint on Market Scenario
The market for gas turbines is expected to grow at a significant pace in the near future due to rise in energy consumption and surge in need for clean energy sources. Gas turbines are frequently employed in power generation, aviation, and other industrial applications. Growth in the industrial sector is also boosting the gas turbine market size.
Gas turbines are a popular choice for power generation due to their high efficiency and reliability, making them an attractive option for utilities looking to meet the surge in electricity consumption. Increase in demand for efficient turbines has prompted gas turbine manufacturers to invest heavily in R&D activities.
Gas turbine is a type of internal combustion engine that converts the energy from a fuel into mechanical energy, which can be used to generate electricity or to power other machinery. Gas turbines are commonly used in power plants to generate electricity, as well as in aircraft propulsion systems and other industrial applications.
Gas turbines operate by compressing air and mixing it with fuel, which is then ignited in a combustion chamber. The resulting high-pressure, high-temperature gases expand and flow through a turbine, which is connected to a generator to produce electricity. Gas turbines can operate on a variety of fuels, including natural gas, diesel fuel, and aviation fuel.
Rise in energy consumption is expected to boost the demand for gas turbines in the next few years. Gas turbines offer excellent dependability and efficiency for use in electricity production. Countries across the globe are emphasizing the modernization of their outdated electrical infrastructure, which is strengthening the demand for gas turbines.
Expansion in sectors including oil & gas, chemicals, and petrochemicals is also augmenting the gas turbine market progress. Gas turbines are cleaner alternatives to fossil fuel-based power production systems. These turbines are becoming more popular as a means of lowering greenhouse gas emissions.
Electrical generators are used to generate electricity in a wide range of applications, including residential, commercial, and industrial settings. Gas turbines are particularly well-suited for use in electrical generators due to their high efficiency, reliability, and ability to operate on a wide range of fuels. These turbines can provide a reliable source of power for electrical generators in a variety of settings, including emergency backup power for hospitals, data centers, and other critical facilities.
Gas turbines are available in a wide range of configurations to meet a range of power requirements, including those for power production and industrial applications as well as operating tanks, jets, and hellos. These turbines offer several advantages. A gas turbine's starting cost is low for a modestly sized unit. It takes up less room and may be operational in a matter of minutes as opposed to a steam unit, which takes many hours to start up. Consequently, medium-sized ‘peak load’ plants powered by gas turbine engines are frequently employed to run intermittently during brief periods of high power demand on an electric system. Therefore, surge in usage of electrical generators is projected to boost the gas turbine market growth in the near future.
According to the latest gas turbine market analysis, the turbofan engine type segment is expected to hold largest share from 2023 to 2031. Turbofan engines are used to power majority of commercial airliners due to their efficiency, dependability, and minimal noise output.
According to the latest gas turbine market trends, the power generation application segment is projected to dominate the industry during the forecast period. Gas turbines are frequently utilized in electricity generation due to their high efficiency, dependability, and flexibility for baseload and peaking power. These turbines are used in cogeneration, combined cycle, and natural gas-fired power plants. Gas turbines are also employed in the oil & gas sector to power pumps and compressors as well as in the maritime sector to power ships and other vessels.
According to the latest gas turbine market forecast, Asia Pacific is estimated to account for largest share from 2023 to 2031. Rapid industrialization and urbanization in countries, such as China and India, is driving market statistics in the region. Gas turbines have become a popular choice for power generation due to their efficiency, reliability, and flexibility.
The industry in Europe is anticipated to grow at a significant pace during the forecast period. Presence of a well-developed power sector and rise in adoption of renewable energy are boosting market dynamics in the region. Gas turbines are used extensively in several countries in Europe, particularly as backup power sources for intermittent renewable energy sources such as wind and solar.
The industry in North America is also projected to grow at a significant pace in the near future. The U.S. is one of the largest consumers of gas turbines in the world due to its large and diverse economy, high energy demand, and availability of abundant natural gas resources.
The global industry is consolidated, with a few large-scale and small-scale vendors controlling majority of the gas turbine market share. Ansaldo Energia, GE Power, Kawasaki Heavy Industries, Ltd., Siemens Energy AG, Capstone Green Energy Corporation, Mitsubishi Heavy Industries, Ltd., United Engine Corporation, Harbin Electric Corporation, OPRA Turbines, and Solar Turbines Incorporated are key players operating in the industry. Key vendors are continuously working on catering to consumer demands and launching new products that are energy efficient.
Major players have been profiled in the gas turbine market report based on parameters such as company overview, financial overview, business strategies, product portfolio, business segments, and recent developments.
Attribute |
Detail |
Market Value in 2022 |
US$ 36.6 Bn |
Market Forecast Value in 2031 |
US$ 54.8 Bn |
Growth Rate (CAGR) |
4.8% |
Forecast Period |
2023–2031 |
Historical Data Available for |
2017–2021 |
Quantitative Units |
US$ Bn for Value and Thousand Units for Volume |
Market Analysis |
Global qualitative analysis includes drivers, restraints, opportunities, key trends, Porter’s Five Forces analysis, value chain analysis, SWOT analysis, etc. Furthermore, at the regional level, qualitative analysis includes key trends, and price trend, brand analysis and consumer buying behavior analysis. |
Competition Landscape |
|
Format |
Electronic (PDF) + Excel |
Market Segmentation |
|
Region Covered |
|
Companies Profiled |
|
Customization Scope |
Available upon request |
Pricing |
Available upon request |
The global market was valued at US$ 36.6 Bn in 2022.
It is estimated to grow at a CAGR of 4.8% from 2023 to 2031.
It is projected to reach US$ 54.8 Bn by the end of 2031.
Increase in demand for energy and rise in adoption of electrical generators.
The turbofan engine type segment is expected to dominate during the forecast period.
Asia Pacific is anticipated to record highest CAGR during the forecast period.
Ansaldo Energia, GE Power, Kawasaki Heavy Industries, Ltd., Siemens Energy AG, Capstone Green Energy Corporation, Mitsubishi Heavy Industries, Ltd., United Engine Corporation, Harbin Electric Corporation, OPRA Turbines, and Solar Turbines Incorporated.
1. Preface
1.1. Market Definition and Scope
1.2. Market Segmentation
1.3. Key Research Objectives
1.4. Research Highlights
2. Assumptions
3. Research Methodology
4. Executive Summary
5. Market Overview
5.1. Introduction
5.2. Market Dynamics
5.2.1. Drivers
5.2.2. Restraints
5.2.3. Opportunities
5.3. Key Trends Analysis
5.3.1. Demand Side Analysis
5.3.2. Supply Side Analysis
5.4. Key Market Indicators
5.5. Value Chain Analysis
5.6. Technology Overview
5.7. Regulatory Framework Analysis
5.8. Porter’s Five Forces Analysis
5.9. Industry SWOT Analysis
5.10. COVID-19 Impact Analysis
5.11. Global Gas Turbine Market Analysis and Forecast, 2017 - 2031
5.11.1. Market Revenue Projection (US$ Bn)
5.11.2. Market Revenue Projection (Thousand Units)
6. Global Gas Turbine Market Analysis and Forecast, by Engine Type
6.1. Global Gas Turbine Market Size (US$ Bn & Thousand Units) Forecast, by Engine Type, 2017 - 2031
6.1.1. Turbojet
6.1.2. Turbofan
6.1.3. Turboprop
6.1.4. Turboshaft
6.2. Incremental Opportunity, by Engine Type
7. Global Gas Turbine Market Analysis and Forecast, by Rating Capacity
7.1. Global Gas Turbine Market Size (US$ Bn & Thousand Units) Forecast, by Rating Capacity, 2017 - 2031
7.1.1. Below 60 MW
7.1.2. 60 MW-150 MW
7.1.3. 150 MW-300 MW
7.1.4. 300 MW-400 MW
7.1.5. Above 400 MW
7.2. Incremental Opportunity, by Rating Capacity
8. Global Gas Turbine Market Analysis and Forecast, by Design
8.1. Global Gas Turbine Market Size (US$ Bn & Thousand Units) Forecast, by Design, 2017 - 2031
8.1.1. Heavy-duty Gas Turbines
8.1.2. Industrial Gas Turbines
8.1.3. Aeroderivative Gas Turbines
8.2. Incremental Opportunity, by Design
9. Global Gas Turbine Market Analysis and Forecast, by Application
9.1. Global Gas Turbine Market Size (US$ Bn & Thousand Units) Forecast, by Application, 2017 - 2031
9.1.1. Steel Mills
9.1.2. Marine
9.1.3. Refineries
9.1.4. Petrochemical
9.1.5. Power Generation
9.1.6. Others (Aircraft, Spacecraft, etc.)
9.2. Incremental Opportunity, by Application
10. Global Gas Turbine Market Analysis and Forecast, by Region
10.1. Global Gas Turbine Market Size (Thousand Units & US$ Bn) Forecast, by Region, 2017 - 2031
10.1.1. North America
10.1.2. Europe
10.1.3. Asia Pacific
10.1.4. Middle East & Africa
10.1.5. Latin America
10.2. Incremental Opportunity, by Region
11. North America Gas Turbine Market Analysis and Forecast
11.1. Regional Snapshot
11.2. Key Trends Analysis
11.3. Price Trend Analysis
11.3.1. Weighted Average Selling Price ($)
11.4. Key Supplier Analysis
11.5. Gas Turbine Market Size (US$ Bn & Thousand Units) Forecast, by Engine Type, 2017 - 2031
11.5.1. Turbojet
11.5.2. Turbofan
11.5.3. Turboprop
11.5.4. Turboshaft
11.6. Gas Turbine Market Size (US$ Bn & Thousand Units) Forecast, by Rating Capacity, 2017 - 2031
11.6.1. Below 60 MW
11.6.2. 60 MW-150 MW
11.6.3. 150 MW-300 MW
11.6.4. 300 MW-400 MW
11.6.5. Above 400 MW
11.7. Gas Turbine Market Size (US$ Bn & Thousand Units) Forecast, by Design, 2017 - 2031
11.7.1. Heavy-duty Gas Turbines
11.7.2. Industrial Gas Turbines
11.7.3. Aeroderivative Gas Turbines
11.8. Gas Turbine Market Size (US$ Bn & Thousand Units) Forecast, by Application, 2017 - 2031
11.8.1. Steel Mills
11.8.2. Marine
11.8.3. Refineries
11.8.4. Petrochemical
11.8.5. Power Generation
11.8.6. Others (Aircraft, Spacecraft, etc.)
11.9. Gas Turbine Market Size (Thousand Units & US$ Bn) Forecast, by Country, 2017 - 2031
11.9.1. U.S.
11.9.2. Canada
11.9.3. Rest of North America
11.10. Incremental Opportunity Analysis
12. Europe Gas Turbine Market Analysis and Forecast
12.1. Key Trends Analysis
12.2. Price Trend Analysis
12.2.1. Weighted Average Selling Price ($)
12.3. Key Supplier Analysis
12.4. Gas Turbine Market Size (US$ Bn & Thousand Units) Forecast, by Engine Type, 2017 - 2031
12.4.1. Turbojet
12.4.2. Turbofan
12.4.3. Turboprop
12.4.4. Turboshaft
12.5. Gas Turbine Market Size (US$ Bn & Thousand Units) Forecast, by Rating Capacity, 2017 - 2031
12.5.1. Below 60 MW
12.5.2. 60 MW-150 MW
12.5.3. 150 MW-300 MW
12.5.4. 300 MW-400 MW
12.5.5. Above 400 MW
12.6. Gas Turbine Market Size (US$ Bn & Thousand Units) Forecast, by Design, 2017 - 2031
12.6.1. Heavy-duty Gas Turbines
12.6.2. Industrial Gas Turbines
12.6.3. Aeroderivative Gas Turbines
12.7. Gas Turbine Market Size (US$ Bn & Thousand Units) Forecast, by Application, 2017 - 2031
12.7.1. Steel Mills
12.7.2. Marine
12.7.3. Refineries
12.7.4. Petrochemical
12.7.5. Power Generation
12.7.6. Others (Aircraft, Spacecraft, etc.)
12.8. Gas Turbine Market Size (Thousand Units & US$ Bn) Forecast, by Country, 2017 - 2031
12.8.1. U.K.
12.8.2. Germany
12.8.3. Rest of Europe
12.9. Incremental Opportunity Analysis
13. Asia Pacific Gas Turbine Market Analysis and Forecast
13.1. Key Trends Analysis
13.2. Price Trend Analysis
13.2.1. Weighted Average Selling Price ($)
13.3. Key Supplier Analysis
13.4. Gas Turbine Market Size (US$ Bn & Thousand Units) Forecast, by Engine Type, 2017 - 2031
13.4.1. Turbojet
13.4.2. Turbofan
13.4.3. Turboprop
13.4.4. Turboshaft
13.5. Gas Turbine Market Size (US$ Bn & Thousand Units) Forecast, by Rating Capacity, 2017 - 2031
13.5.1. Below 60 MW
13.5.2. 60 MW-150 MW
13.5.3. 150 MW-300 MW
13.5.4. 300 MW-400 MW
13.5.5. Above 400 MW
13.6. Gas Turbine Market Size (US$ Bn & Thousand Units) Forecast, by Design, 2017 - 2031
13.6.1. Heavy-duty Gas Turbines
13.6.2. Industrial Gas Turbines
13.6.3. Aeroderivative Gas Turbines
13.7. Gas Turbine Market Size (US$ Bn & Thousand Units) Forecast, by Application, 2017 - 2031
13.7.1. Steel Mills
13.7.2. Marine
13.7.3. Refineries
13.7.4. Petrochemical
13.7.5. Power Generation
13.7.6. Others (Aircraft, Spacecraft, etc.)
13.8. Gas Turbine Market Size (Thousand Units & US$ Bn) Forecast, by Country, 2017 - 2031
13.8.1. China
13.8.2. India
13.8.3. Japan
13.8.4. Rest of Asia Pacific
13.9. Incremental Opportunity Analysis
14. Middle East & Africa Gas Turbine Market Analysis and Forecast
14.1. Key Trends Analysis
14.2. Price Trend Analysis
14.2.1. Weighted Average Selling Price ($)
14.3. Key Supplier Analysis
14.4. Gas Turbine Market Size (US$ Bn & Thousand Units) Forecast, by Engine Type, 2017 - 2031
14.4.1. Turbojet
14.4.2. Turbofan
14.4.3. Turboprop
14.4.4. Turboshaft
14.5. Gas Turbine Market Size (US$ Bn & Thousand Units) Forecast, by Rating Capacity, 2017 - 2031
14.5.1. Below 60 MW
14.5.2. 60 MW-150 MW
14.5.3. 150 MW-300 MW
14.5.4. 300 MW-400 MW
14.5.5. Above 400 MW
14.6. Gas Turbine Market Size (US$ Bn & Thousand Units) Forecast, by Design, 2017 - 2031
14.6.1. Heavy-duty Gas Turbines
14.6.2. Industrial Gas Turbines
14.6.3. Aeroderivative Gas Turbines
14.7. Gas Turbine Market Size (US$ Bn & Thousand Units) Forecast, by Application, 2017 - 2031
14.7.1. Steel Mills
14.7.2. Marine
14.7.3. Refineries
14.7.4. Petrochemical
14.7.5. Power Generation
14.7.6. Others (Aircraft, Spacecraft, etc.)
14.8. Gas Turbine Market Size (Thousand Units & US$ Bn) Forecast, by Country, 2017 - 2031
14.8.1. South Africa
14.8.2. Rest of Middle East & Africa
14.9. Incremental Opportunity Analysis
15. South America Gas Turbine Market Analysis and Forecast
15.1. Regional Snapshot
15.2. Key Trends Analysis
15.3. Price Trend Analysis
15.3.1. Weighted Average Selling Price ($)
15.4. Key Supplier Analysis
15.5. Gas Turbine Market Size (US$ Bn & Thousand Units) Forecast, by Engine Type, 2017 - 2031
15.5.1. Turbojet
15.5.2. Turbofan
15.5.3. Turboprop
15.5.4. Turboshaft
15.6. Gas Turbine Market Size (US$ Bn & Thousand Units) Forecast, by Rating Capacity, 2017 - 2031
15.6.1. Below 60 MW
15.6.2. 60 MW-150 MW
15.6.3. 150 MW-300 MW
15.6.4. 300 MW-400 MW
15.6.5. Above 400 MW
15.7. Gas Turbine Market Size (US$ Bn & Thousand Units) Forecast, by Design, 2017 - 2031
15.7.1. Heavy-duty Gas Turbines
15.7.2. Industrial Gas Turbines
15.7.3. Aeroderivative Gas Turbines
15.8. Gas Turbine Market Size (US$ Bn & Thousand Units) Forecast, by Application, 2017 - 2031
15.8.1. Steel Mills
15.8.2. Marine
15.8.3. Refineries
15.8.4. Petrochemical
15.8.5. Power Generation
15.8.6. Others (Aircraft, Spacecraft, etc.)
15.9. Gas Turbine Market Size (Thousand Units & US$ Bn) Forecast, by Country, 2017 - 2031
15.9.1. Brazil
15.9.2. Rest of South America
15.10. Incremental Opportunity Analysis
16. Competition Landscape
16.1. Market Player – Competition Dashboard
16.2. Market Share Analysis (%) - 2022
16.3. Company Profiles (Details – Company Overview, Sales Area/Geographical Presence, Revenue, Strategy & Business Overview)
16.3.1. Ansaldo Energia
16.3.1.1. Company Overview
16.3.1.2. Sales Area/Geographical Presence
16.3.1.3. Revenue
16.3.1.4. Strategy & Business Overview
16.3.2. GE Power
16.3.2.1. Company Overview
16.3.2.2. Sales Area/Geographical Presence
16.3.2.3. Revenue
16.3.2.4. Strategy & Business Overview
16.3.3. Kawasaki Heavy Industries, Ltd.
16.3.3.1. Company Overview
16.3.3.2. Sales Area/Geographical Presence
16.3.3.3. Revenue
16.3.3.4. Strategy & Business Overview
16.3.4. Siemens Energy AG
16.3.4.1. Company Overview
16.3.4.2. Sales Area/Geographical Presence
16.3.4.3. Revenue
16.3.4.4. Strategy & Business Overview
16.3.5. Capstone Green Energy Corporation
16.3.5.1. Company Overview
16.3.5.2. Sales Area/Geographical Presence
16.3.5.3. Revenue
16.3.5.4. Strategy & Business Overview
16.3.6. Mitsubishi Heavy Industries, Ltd.
16.3.6.1. Company Overview
16.3.6.2. Sales Area/Geographical Presence
16.3.6.3. Revenue
16.3.6.4. Strategy & Business Overview
16.3.7. United Engine Corporation
16.3.7.1. Company Overview
16.3.7.2. Sales Area/Geographical Presence
16.3.7.3. Revenue
16.3.7.4. Strategy & Business Overview
16.3.8. Harbin Electric
16.3.8.1. Company Overview
16.3.8.2. Sales Area/Geographical Presence
16.3.8.3. Revenue
16.3.8.4. Strategy & Business Overview
16.3.9. OPRA Turbines
16.3.9.1. Company Overview
16.3.9.2. Sales Area/Geographical Presence
16.3.9.3. Revenue
16.3.9.4. Strategy & Business Overview
16.3.10. Solar Turbines Incorporated
16.3.10.1. Company Overview
16.3.10.2. Sales Area/Geographical Presence
16.3.10.3. Revenue
16.3.10.4. Strategy & Business Overview
17. Go to Market Strategy
17.1. Identification of Potential Market Spaces
17.1.1. By Engine Type
17.1.2. By Rating Capacity
17.1.3. By Design
17.1.4. By Application
17.1.5. By Region
17.2. Market Risks
17.3. Preferred Sales & Marketing Strategy
List of Tables
Table 1: Global Gas Turbine Market Value, by Engine Type, US$ Bn, 2017-2031
Table 2: Global Gas Turbine Market Volume, by Engine Type, Thousand Units, 2017-2031
Table 3: Global Gas Turbine Market Value, by Rating Capacity, US$ Bn, 2017-2031
Table 4: Global Gas Turbine Market Volume, by Rating Capacity, Thousand Units, 2017-2031
Table 5: Global Gas Turbine Market Value, by Design, US$ Bn, 2017-2031
Table 6: Global Gas Turbine Market Volume, by Design, Thousand Units, 2017-2031
Table 7: Global Gas Turbine Market Value, by Application, US$ Bn, 2017-2031
Table 8: Global Gas Turbine Market Volume, by Application, Thousand Units, 2017-2031
Table 9: Global Gas Turbine Market Value, by Region, US$ Bn, 2017-2031
Table 10: Global Gas Turbine Market Volume, by Region, Thousand Units, 2017-2031
Table 11: North America Gas Turbine Market Value, by Engine Type, US$ Bn, 2017-2031
Table 12: North America Gas Turbine Market Volume, by Engine Type, Thousand Units, 2017-2031
Table 13: North America Gas Turbine Market Value, by Rating Capacity, US$ Bn, 2017-2031
Table 14: North America Gas Turbine Market Volume, by Rating Capacity, Thousand Units, 2017-2031
Table 15: North America Gas Turbine Market Value, by Design, US$ Bn, 2017-2031
Table 16: North America Gas Turbine Market Volume, by Design, Thousand Units, 2017-2031
Table 17: North America Gas Turbine Market Value, by Application, US$ Bn, 2017-2031
Table 18: North America Gas Turbine Market Volume, by Application, Thousand Units, 2017-2031
Table 19: North America Gas Turbine Market Value, by Country, US$ Bn, 2017-2031
Table 20: North America Gas Turbine Market Volume, by Country, Thousand Units, 2017-2031
Table 21: Europe Gas Turbine Market Value, by Engine Type, US$ Bn, 2017-2031
Table 22: Europe Gas Turbine Market Volume, by Engine Type, Thousand Units, 2017-2031
Table 23: Europe Gas Turbine Market Value, by Rating Capacity, US$ Bn, 2017-2031
Table 24: Europe Gas Turbine Market Volume, by Rating Capacity, Thousand Units, 2017-2031
Table 25: Europe Gas Turbine Market Value, by Design, US$ Bn, 2017-2031
Table 26: Europe Gas Turbine Market Volume, by Design, Thousand Units, 2017-2031
Table 27: Europe Gas Turbine Market Value, by Application, US$ Bn, 2017-2031
Table 28: Europe Gas Turbine Market Volume, by Application, Thousand Units, 2017-2031
Table 29: Europe Gas Turbine Market Value, by Country, US$ Bn, 2017-2031
Table 30: Europe Gas Turbine Market Volume, by Country, Thousand Units, 2017-2031
Table 31: Asia Pacific Gas Turbine Market Value, by Engine Type, US$ Bn, 2017-2031
Table 32: Asia Pacific Gas Turbine Market Volume, by Engine Type, Thousand Units, 2017-2031
Table 33: Asia Pacific Gas Turbine Market Value, by Rating Capacity, US$ Bn, 2017-2031
Table 34: Asia Pacific Gas Turbine Market Volume, by Rating Capacity, Thousand Units, 2017-2031
Table 35: Asia Pacific Gas Turbine Market Value, by Design, US$ Bn, 2017-2031
Table 36: Asia Pacific Gas Turbine Market Volume, by Design, Thousand Units, 2017-2031
Table 37: Asia Pacific Gas Turbine Market Value, by Application, US$ Bn, 2017-2031
Table 38: Asia Pacific Gas Turbine Market Volume, by Application, Thousand Units, 2017-2031
Table 39: Asia Pacific Gas Turbine Market Value, by Country, US$ Bn, 2017-2031
Table 40: Asia Pacific Gas Turbine Market Volume, by Country, Thousand Units, 2017-2031
Table 41: Middle East & Africa Gas Turbine Market Value, by Engine Type, US$ Bn, 2017-2031
Table 42: Middle East & Africa Gas Turbine Market Volume, by Engine Type, Thousand Units, 2017-2031
Table 43: Middle East & Africa Gas Turbine Market Value, by Rating Capacity, US$ Bn, 2017-2031
Table 44: Middle East & Africa Gas Turbine Market Volume, by Rating Capacity, Thousand Units, 2017-2031
Table 45: Middle East & Africa Gas Turbine Market Value, by Design, US$ Bn, 2017-2031
Table 46: Middle East & Africa Gas Turbine Market Volume, by Design, Thousand Units, 2017-2031
Table 47: Middle East & Africa Gas Turbine Market Value, by Application, US$ Bn, 2017-2031
Table 48: Middle East & Africa Gas Turbine Market Volume, by Application, Thousand Units, 2017-2031
Table 49: Middle East & Africa Gas Turbine Market Value, by Country, US$ Bn, 2017-2031
Table 50: Middle East & Africa Gas Turbine Market Volume, by Country, Thousand Units, 2017-2031
Table 51: South America Gas Turbine Market Value, by Engine Type, US$ Bn, 2017-2031
Table 52: South America Gas Turbine Market Volume, by Engine Type, Thousand Units, 2017-2031
Table 53: South America Gas Turbine Market Value, by Rating Capacity, US$ Bn, 2017-2031
Table 54: South America Gas Turbine Market Volume, by Rating Capacity, Thousand Units, 2017-2031
Table 55: South America Gas Turbine Market Value, by Design, US$ Bn, 2017-2031
Table 56: South America Gas Turbine Market Volume, by Design, Thousand Units, 2017-2031
Table 57: South America Gas Turbine Market Value, by Application, US$ Bn, 2017-2031
Table 58: South America Gas Turbine Market Volume, by Application, Thousand Units, 2017-2031
Table 59: South America Gas Turbine Market Value, by Country, US$ Bn, 2017-2031
Table 60: South America Gas Turbine Market Volume, by Country, Thousand Units, 2017-2031
List of Figures
Figure 1: Global Gas Turbine Market Value, by Engine Type, US$ Bn, 2017-2031
Figure 2: Global Gas Turbine Market Volume, by Engine Type, Thousand Units,2017-2031
Figure 3: Global Gas Turbine Market Incremental Opportunity, by Engine Type, 2021-2031
Figure 4: Global Gas Turbine Market Value, by Rating Capacity, US$ Bn, 2017-2031
Figure 5: Global Gas Turbine Market Volume, by Rating Capacity, Thousand Units,2017-2031
Figure 6: Global Gas Turbine Market Incremental Opportunity, by Rating Capacity, 2021-2031
Figure 7: Global Gas Turbine Market Value, by Design, US$ Bn, 2017-2031
Figure 8: Global Gas Turbine Market Volume, by Design, Thousand Units,2017-2031
Figure 9: Global Gas Turbine Market Incremental Opportunity, by Design, 2021-2031
Figure 10: Global Gas Turbine Market Value, by Application, US$ Bn, 2017-2031
Figure 11: Global Gas Turbine Market Volume, by Application, Thousand Units,2017-2031
Figure 12: Global Gas Turbine Market Incremental Opportunity, by Application, 2021-2031
Figure 13: Global Gas Turbine Market Value, by Region, US$ Bn, 2017-2031
Figure 14: Global Gas Turbine Market Volume, by Region, Thousand Units,2017-2031
Figure 15: Global Gas Turbine Market Incremental Opportunity, by Region,2021-2031
Figure 16: North America Gas Turbine Market Value, by Engine Type, US$ Bn, 2017-2031
Figure 17: North America Gas Turbine Market Volume, by Engine Type, Thousand Units,2017-2031
Figure 18: North America Gas Turbine Market Incremental Opportunity, by Engine Type, 2021-2031
Figure 19: North America Gas Turbine Market Value, by Rating Capacity, US$ Bn, 2017-2031
Figure 20: North America Gas Turbine Market Volume, by Rating Capacity, Thousand Units,2017-2031
Figure 21: North America Gas Turbine Market Incremental Opportunity, by Rating Capacity, 2021-2031
Figure 22: North America Gas Turbine Market Value, by Design, US$ Bn, 2017-2031
Figure 23: North America Gas Turbine Market Volume, by Design, Thousand Units,2017-2031
Figure 24: North America Gas Turbine Market Incremental Opportunity, by Design, 2021-2031
Figure 25: North America Gas Turbine Market Value, by Application, US$ Bn, 2017-2031
Figure 26: North America Gas Turbine Market Volume, by Application, Thousand Units,2017-2031
Figure 27: North America Gas Turbine Market Incremental Opportunity, by Application, 2021-2031
Figure 28: North America Gas Turbine Market Value, by Country, US$ Bn, 2017-2031
Figure 29: North America Gas Turbine Market Volume, by Country, Thousand Units,2017-2031
Figure 30: North America Gas Turbine Market Incremental Opportunity, by Country,2021-2031
Figure 31: Europe Gas Turbine Market Value, by Engine Type, US$ Bn, 2017-2031
Figure 32: Europe Gas Turbine Market Volume, by Engine Type, Thousand Units,2017-2031
Figure 33: Europe Gas Turbine Market Incremental Opportunity, by Engine Type, 2021-2031
Figure 34: Europe Gas Turbine Market Value, by Rating Capacity, US$ Bn, 2017-2031
Figure 35: Europe Gas Turbine Market Volume, by Rating Capacity, Thousand Units,2017-2031
Figure 36: Europe Gas Turbine Market Incremental Opportunity, by Rating Capacity, 2021-2031
Figure 37: Europe Gas Turbine Market Value, by Design, US$ Bn, 2017-2031
Figure 38: Europe Gas Turbine Market Volume, by Design, Thousand Units,2017-2031
Figure 39: Europe Gas Turbine Market Incremental Opportunity, by Design, 2021-2031
Figure 40: Europe Gas Turbine Market Value, by Application, US$ Bn, 2017-2031
Figure 41: Europe Gas Turbine Market Volume, by Application, Thousand Units,2017-2031
Figure 42: Europe Gas Turbine Market Incremental Opportunity, by Application, 2021-2031
Figure 43: Europe Gas Turbine Market Value, by Country, US$ Bn, 2017-2031
Figure 44: Europe Gas Turbine Market Volume, by Country, Thousand Units,2017-2031
Figure 45: Europe Gas Turbine Market Incremental Opportunity, by Country,2021-2031
Figure 46: Asia Pacific Gas Turbine Market Value, by Engine Type, US$ Bn, 2017-2031
Figure 47: Asia Pacific Gas Turbine Market Volume, by Engine Type, Thousand Units,2017-2031
Figure 48: Asia Pacific Gas Turbine Market Incremental Opportunity, by Engine Type, 2021-2031
Figure 49: Asia Pacific Gas Turbine Market Value, by Rating Capacity, US$ Bn, 2017-2031
Figure 50: Asia Pacific Gas Turbine Market Volume, by Rating Capacity, Thousand Units,2017-2031
Figure 51: Asia Pacific Gas Turbine Market Incremental Opportunity, by Rating Capacity, 2021-2031
Figure 52: Asia Pacific Gas Turbine Market Value, by Design, US$ Bn, 2017-2031
Figure 53: Asia Pacific Gas Turbine Market Volume, by Design, Thousand Units,2017-2031
Figure 54: Asia Pacific Gas Turbine Market Incremental Opportunity, by Design, 2021-2031
Figure 55: Asia Pacific Gas Turbine Market Value, by Application, US$ Bn, 2017-2031
Figure 56: Asia Pacific Gas Turbine Market Volume, by Application, Thousand Units,2017-2031
Figure 57: Asia Pacific Gas Turbine Market Incremental Opportunity, by Application, 2021-2031
Figure 58: Asia Pacific Gas Turbine Market Value, by Country, US$ Bn, 2017-2031
Figure 59: Asia Pacific Gas Turbine Market Volume, by Country, Thousand Units,2017-2031
Figure 60: Asia Pacific Gas Turbine Market Incremental Opportunity, by Country,2021-2031
Figure 61: Middle East & Africa Gas Turbine Market Value, by Engine Type, US$ Bn, 2017-2031
Figure 62: Middle East & Africa Gas Turbine Market Volume, by Engine Type, Thousand Units,2017-2031
Figure 63: Middle East & Africa Gas Turbine Market Incremental Opportunity, by Engine Type, 2021-2031
Figure 64: Middle East & Africa Gas Turbine Market Value, by Rating Capacity, US$ Bn, 2017-2031
Figure 65: Middle East & Africa Gas Turbine Market Volume, by Rating Capacity, Thousand Units,2017-2031
Figure 66: Middle East & Africa Gas Turbine Market Incremental Opportunity, by Rating Capacity, 2021-2031
Figure 67: Middle East & Africa Gas Turbine Market Value, by Design, US$ Bn, 2017-2031
Figure 68: Middle East & Africa Gas Turbine Market Volume, by Design, Thousand Units,2017-2031
Figure 69: Middle East & Africa Gas Turbine Market Incremental Opportunity, by Design, 2021-2031
Figure 70: Middle East & Africa Gas Turbine Market Value, by Application, US$ Bn, 2017-2031
Figure 71: Middle East & Africa Gas Turbine Market Volume, by Application, Thousand Units,2017-2031
Figure 72: Middle East & Africa Gas Turbine Market Incremental Opportunity, by Application, 2021-2031
Figure 73: Middle East & Africa Gas Turbine Market Value, by Country, US$ Bn, 2017-2031
Figure 74: Middle East & Africa Gas Turbine Market Volume, by Country, Thousand Units,2017-2031
Figure 75: Middle East & Africa Gas Turbine Market Incremental Opportunity, by Country,2021-2031
Figure 76: South America Gas Turbine Market Value, by Engine Type, US$ Bn, 2017-2031
Figure 77: South America Gas Turbine Market Volume, by Engine Type, Thousand Units,2017-2031
Figure 78: South America Gas Turbine Market Incremental Opportunity, by Engine Type, 2021-2031
Figure 79: South America Gas Turbine Market Value, by Rating Capacity, US$ Bn, 2017-2031
Figure 80: South America Gas Turbine Market Volume, by Rating Capacity, Thousand Units,2017-2031
Figure 81: South America Gas Turbine Market Incremental Opportunity, by Rating Capacity, 2021-2031
Figure 82: South America Gas Turbine Market Value, by Design, US$ Bn, 2017-2031
Figure 83: South America Gas Turbine Market Volume, by Design, Thousand Units,2017-2031
Figure 84: South America Gas Turbine Market Incremental Opportunity, by Design, 2021-2031
Figure 85: South America Gas Turbine Market Value, by Application, US$ Bn, 2017-2031
Figure 86: South America Gas Turbine Market Volume, by Application, Thousand Units,2017-2031
Figure 87: South America Gas Turbine Market Incremental Opportunity, by Application, 2021-2031
Figure 88: South America Gas Turbine Market Value, by Country, US$ Bn, 2017-2031
Figure 89: South America Gas Turbine Market Volume, by Country, Thousand Units,2017-2031
Figure 90: South America Gas Turbine Market Incremental Opportunity, by Country,2021-2031