Press release -

Gas Turbines Market Growth Report 2025 Global Analysis and Forecasts Influenced by Siemens, Harbin Electric, Man Diesel, Ansaldo, Vericor Power

The Infinium Global Research has announced the addition of the “Gas Turbines Market to 2023 – Global Analysis and Forecasts by Type and Product” to its research database.

The main objective of this report is to define, describe, and forecast the global “Gas Turbines” market on the basis of types of applications, major sectors, deployment models, organization size, and regions. The report contains an analysis of the major factors influencing the growth of the market (drivers, restraints, opportunities, and challenges). It aims to strategically analyze the micromarkets with respect to individual growth trends, prospects, and their contribution to the market. The report attempts to forecast the market size for 5 major regions, namely, North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and Latin America. It contains key vendor profiles and comprehensively analyzes their core competencies. The report also tracks and analyzes competitive developments, including partnerships, collaborations, acquisitions, new product developments, and R&D activities in the market. According to report the global gas turbines market is projected to grow at a CAGR of 3.26% over the forecast period of 2018 - 2024.

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Segments Covered

The report on global gas turbines market covers segments such as technology, application, and rating capacity. The technology segments include open cycle, and combined cycle. On the basis of design type the global gas turbines market is categorized into heavy duty, and aeroderivative. Furthermore, on the basis of application the gas turbines market is segmented as power generation, oil & gas, and other industrial. On the basis of rating capacity the gas turbines market, is segmented as less than 40 MW, 40–120 MW, 120–300 MW, and above 300 MW.

Geographic Coverage

The report provides regional analysis covering geographies such as North America, Europe, Asia-Pacific, and Rest of the World. In this section the key trends and market size for each geography is provided over the period of 2016 – 2024. The countries covered in the North America region include the U.S., Canada, and Mexico; while Asia-Pacific includes China, Japan, India, South Korea, Malaysia and among others. Moreover, European region covers countries such as Germany, UK, France, Spain, and rest of Europe. The U.S. drives the growth in the North America region as it is the largest market in the region. The Asia-pacific region offers a substantial potential for the market growth owing to rapid growth in markets such as India and China.

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Companies Profiled:

The report provides profiles of the companies in the global gas turbines market such as, GE, Siemens, MHPS, Harbin Electric, Man Diesel, Ansaldo, Kawasaki Heavy Industries, OPRA, Solar Turbines, and Vericor Power.

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Topics

  • Energy issues