Global Gas Turbines Sales Market Report 2020

A gas turbine engine, or gas turbine, is an engine belonging to a heat engine.The increasing demand for natural gas-fired power plants, rising demand for electricity, reduction in emissions of carbon dioxide, and availability of efficient power technology are driving the gas turbines market.
The heavy duty design type segment is expected to grow at the highest CAGR, from 2017 to 2022.

Market Analysis and Insights: Global Gas Turbines Market
The global Gas Turbines market size is projected to reach US$ 18970 million by 2026, from US$ 16150 million in 2020, at a CAGR of 2.7% during 2021-2026.

Global Gas Turbines Scope and Market Size
The global Gas Turbines market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Gas Turbines market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2015-2026.

Segment by Type, the Gas Turbines market is segmented into
Below 70 MW
70-300 MW
Above 300 MW

Segment by Application, the Gas Turbines market is segmented into
Power Generation
Mechanical Drive

The Gas Turbines market is analysed and market size information is provided by regions (countries). Segment by Application, the Gas Turbines market is segmented into United States, Europe, China, Japan, Southeast Asia, India and Rest of World.
The report includes region-wise market size for the period 2015-2026. It also includes market size and forecast by players, by Type, and by Application segment in terms of sales and revenue for the period 2015-2026.

Competitive Landscape

and Gas Turbines Market Share Analysis
Gas Turbines market competitive landscape provides details and data information by players. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2015-2020. It also offers detailed analysis supported by reliable statistics on revenue (global and regional level) by players for the period 2015-2020. Details included are company description, major business, company total revenue and the sales, revenue generated in Gas Turbines business, the date to enter into the Gas Turbines market, Gas Turbines product introduction, recent developments, etc.

The major vendors covered:
Ansaldo Energia
Bharat Heavy Electricals Limited
General Electric
Harbin Electric International Company Limited
Kawasaki Heavy Industries Ltd
Man Diesel and Turbo
Mitsubishi Hitachi Power Systems Ltd
Opra Turbines
Siemens
Vericor Power Systems

Frequently Asked Questions



This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.

  • By product type
  • By End User/Applications
  • By Technology
  • By Region

The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.

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