Gas Turbine Market (Engine Type: Turbojet, Turbofan, Turboprop, and Turboshaft) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2023-2031

Mar 2023| TMR2074C| Transparency

Report Highlights

Gas Turbine Market – Scope of Report

TMR’s report on the global gas turbine market studies the past as well as the current growth trends and opportunities to gain valuable insights of the indicators of the market during the forecast period from 2023 to 2031. The report provides revenue of the global gas turbine market for the period 2017–2031, considering 2023 as the base year and 2031 as the forecast year. The report also provides the compound annual growth rate (CAGR %) of the global gas turbine market from 2023 to 2031.

The report has been prepared after an extensive research. Primary research involved bulk of the research efforts, wherein analysts carried out interviews with key opinion leaders, industry leaders, and opinion makers. Secondary research involved referring to key players’ product literature, annual reports, press releases, and relevant documents to understand the gas turbine market.

Secondary research also included Internet sources, statistical data from government agencies, websites, and trade associations. Analysts employed a combination of top-down and bottom-up approaches to study various attributes of the global gas turbine market.

The report includes an elaborate executive summary, along with a snapshot of the growth behavior of various segments included in the scope of the study. Moreover, the report throws light on the changing competitive dynamics in the global gas turbine market. These serve as valuable tools for existing market players as well as for entities interested in participating in the global gas turbine market.

The report delves into the competitive landscape of the global gas turbine market. Key players operating in the global gas turbine market have been identified and each one of these has been profiled in terms of various attributes. Company overview, financial standings, recent developments, and SWOT are the attributes of players in the global gas turbine market profiled in this report.

Key Questions Answered in Global Gas Turbine Market Report

  • What is the sales/revenue generated by gas turbine across all regions during the forecast period?
  • What are the opportunities in the global gas turbine market?
  • What are the major drivers, restraints, opportunities, and threats in the market?
  • Which regional market is set to expand at the fastest CAGR during the forecast period?
  • Which segment is expected to generate the highest revenue globally in 2031?
  • Which segment is projected to expand at the highest CAGR during the forecast period?
  • What are the market positions of different companies operating in the global market?

Report Synopsis

Report Metrics Details
Base year considered 2023
Forecast period considered 2023-2031
Units considered $ Billion
Segments covered By Engine Type, By Rating Capacity, By Design, By Application, By Region
Industry covered Heavy Engineering Equipment
Countries covered North America, Europe, Asia Pacific, Middle East & Africa, Latin America
Companies studied
  • Ansaldo Energia
  • Capstone Green Energy Corporation
  • GE Power
  • Kawasaki Heavy Industries, Ltd.
  • Siemens Energy AG
  • OPRA Turbines
  • Mitsubishi Heavy Industries, Ltd.
  • United Engine Corporation
  • Harbin Electric Corporation
  • Solar Turbines Incorporated

Gas Turbine Market – Research Objectives and Research Approach

The comprehensive report on the global gas turbine market begins with an overview, followed by the scope and objectives of the study. The report provides detailed explanation of the objectives behind this study and key vendors and distributors operating in the market and regulatory scenario for approval of products.

For reading comprehensibility, the report has been compiled in a chapter-wise layout, with each section divided into smaller ones. The report comprises an exhaustive collection of graphs and tables that are appropriately interspersed. Pictorial representation of actual and projected values of key segments is visually appealing to readers. This also allows comparison of the market shares of key segments in the past and at the end of the forecast period.

The report analyzes the global gas turbine market in terms of product, end-user, and region. Key segments under each criterion have been studied at length, and the market share for each of these at the end of 2031 has been provided. Such valuable insights enable market stakeholders in making informed business decisions for investment in the global gas turbine market.

  • 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
  • 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

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