ccording to Stratistics MRC, the Global Gas Turbine Market is accounted for $18.58 billion in 2021 and is expected to reach $24.29 billion by 2028 growing at a CAGR of 3.9% during the forecast period.
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Gas turbine is a combustion engine at the heart of a power plant that can convert natural gas or other liquid fuels to mechanical energy. This energy then drives a generator that produces the electrical energy that moves along power lines to homes and businesses. Gas turbines are used to power aircraft, trains, ships, electrical generators, pumps, gas compressors, and tanks.
Some of the key players profiled in the Gas Turbine Market include Ansaldo Energia, Bharat Heavy Electricals Limited, Capstone Green Energy Corporation, Centrax Gas Turbine, General Electric, Harbin Electric Machinery Company Limited, IHI Corporation, Kawasaki Heavy Industries, Ltd, MAN Energy Solutions, Mitsubishi Heavy Industries, Ltd, OPRA Turbines, Rolls-Royce plc, Siemens Energy, Solar Turbines Incorporated, and United Engine Corporation.
Technologies Covered:
• Combined Cycle
• Open Cycle
Rated Capacities Covered:
• 1–40 MW
• 40–120 MW
• 120–300 MW
• Above 300 MW
Design Types Covered:
• Aeroderivative
• Heavy Duty (Frame)
Applications Covered:
• Aerospace
• Marine
• Oil & Gas
• Power Generation
• Process Plants
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
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