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Global Gas Turbines Sales Market Report, Competitive Analysis and Regional Opportunities 2025-2031

Industry: Machinery & Equipment

Published Date: 2025-06-04

Pages: 80 Pages

Report ld: 4251061

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Description
Table of Contents
Table of Figures
Related Reports
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Description
Table of Contents
Table of Figures
Related Reports
PDF Download

Gas Turbines Market Size(US$)

CAGR 2025-2031

8.0%

Market Size,2031

USD 30,155

Million

Market Snapshot

Market Size in 2025 (Value)

US$ 19,045 million

Market Forecast in 2031(Value)

US$ 30,155 million

CAGR

8.0%

Years Considered

2020-2031

Base Year

2025

Forecast Period

2025-2031

Source: Secondary research, interviews with experts, and QYResearch analysis

The global Gas Turbines market size was US$ 16744 million in 2024 and is forecast to a readjusted size of US$ 30155 million by 2031 with a CAGR of 8.0% during the forecast period 2025-2031.

By 2025, the evolving U.S. tariff policy is poised to inject considerable uncertainty into the global economic landscape. This report delves into the latest U.S. tariff measures and the corresponding policy responses across the globe, evaluating their impacts on Gas Turbines market competitiveness, regional economic performance, and supply chain configurations.

A gas turbine is a type of internal combustion engine. Essentially, the engine can be viewed as an energy conversion device that converts energy stored in the fuel to useful mechanical energy in the form of rotational power. The term “gas” refers to the ambient air that is taken into the engine and used as the working medium in the energy conversion process.

This air is first drawn into the engine where it is compressed, mixed with fuel and ignited. The resulting hot gas expands at a high velocity through a series of airfoil-shaped blades transferring energy created from combustion to turn an output shaft. The residual thermal energy in the hot exhaust gas can be harnessed for a variety of industrial processes.

The global gas turbine market is experiencing steady growth, this upward trend is driven by the global transition toward cleaner natural gas power generation, the rising need for flexible energy sources, and sustained investment from the oil & gas industry in efficient mechanical drive technologies.Gas turbines are critical thermal power machinery used in electricity generation, aviation propulsion, marine drives, and oil & gas industries. Known for their high power density, rapid start-up capability, and fuel flexibility, gas turbines are regaining strategic importance in the global energy transition, acting as a flexible bridge between fossil fuels and renewables.

By product type, Heavy Duty Gas Turbines continue to dominate, primarily used in large-scale power plants. Aeroderivative Gas Turbines with strong growth due to their flexibility and suitability for distributed generation and oil & gas operations.

In terms of application, power generation remains the largest segment. Gas turbines are widely used in both base-load and peak-load power plants due to their high efficiency, fast start-up capabilities, and lower emissions compared to coal-fired units. In many regions, especially in Asia-Pacific, the Middle East, and the U.S., governments and utilities are investing in combined cycle gas turbine (CCGT) plants to replace aging coal infrastructure and meet cleaner energy targets. Additionally, the increasing integration of renewable energy sources is driving demand for gas turbines as flexible backup solutions to ensure grid stability.

Regionally, North America and Europe remain mature markets, while Asia-Pacific—especially China and India—is the fastest-growing region due to rapid industrialization, coal-to-gas policies, and decarbonization goals. China, in particular, is investing in indigenous heavy-duty gas turbine development, aiming for greater energy self-sufficiency.

Major manufacturers including GE Vernova, Siemens Energy, and MHPS lead the global market, with strong competition from Dongfang Electric, Solar Turbines, Baker Hughes, and others. In 2024, the global three largest players hold a share approximately 71.60% in terms of revenue. These companies are increasingly investing in aeroderivative designs and low-carbon technologies to meet global emissions and efficiency targets.

Technological development is focused on high-temperature materials, turbine blade cooling, digital diagnostics, and hydrogen co-firing capability. Hydrogen-ready gas turbines, capable of 30–100% hydrogen combustion, are emerging as zero-carbon solutions for future peaking power and industrial heating demands.

The global Gas Turbines market is strategically segmented by company, region (country), by Type, and by Application. This report empowers stakeholders to capitalize on emerging opportunities, optimize product strategies, and outperform competitors through data-driven insights on sales, revenue, and forecasts across regions, by Type, and by Application for 2020-2031.

MARKET SEGMENTATION

By Company

GE Vernova
Siemens Energy
MHPS
Dongfang Electric Corporation
Solar Turbines
Baker Hughes
Ansaldo
Kawasaki
BHEL

Consumption by Region

North America
- United States
- Canada
Asia-Pacific
- China
- Japan
- South Korea
- Southeast Asia
- India
- Australia
- Rest of Asia-Pacific
Europe
- Germany
- France
- U.K.
- Italy
- Netherlands
- Nordic Countries
- Rest of Europe
Latin America
- Mexico
- Brazil
- Rest of Latin America
Middle East & Africa
- Turkey
- Saudi Arabia
- UAE
- Rest of MEA

Segment by Type

Heavy Duty Gas Turbine
Aeroderivative Gas Turbine
Light Duty Gas Turbine

Segment by Application

Power Generation
Oil & Gas
Other

biaoTi CHAPTER OUTLINE

Chapter 1: Report scope, executive summary, and market evolution scenarios (short/mid/long term).

Chapter 2: Quantitative analysis of Gas Turbines market size and growth potential at global, regional, and country levels.

Chapter 3: Competitive benchmarking of manufacturers (revenue, market share, M&A, R&D focus).

Chapter 4: Type-based segmentation analysis – Uncovering blue ocean markets (e.g., Aeroderivative Gas Turbine in China).

Chapter 5: Application-based segmentation analysis – High-growth downstream opportunities (e.g., Oil & Gas in India).

Chapter 6: Regional sales and revenue breakdown by company, type, application and customer.

Chapter 7: Key manufacturer profiles – Financials, product portfolios, and strategic developments.

Chapter 8: Market dynamics – Drivers, restraints, regulatory impacts, and risk mitigation strategies.

Chapter 9: Actionable conclusions and strategic recommendations.

WHY THIS REPORT

Beyond standard market data, this analysis provides a clear profitability roadmap, empowering you to:

Unlike generic global market reports, this study combines macro-level industry trends with hyper-local operational intelligence, empowering data-driven decisions across the Gas Turbines value chain, addressing:

- Market entry risks/opportunities by region

- Product mix optimization based on local practices

- Competitor tactics in fragmented vs. consolidated markets

biaoTi QYRESEARCH'S STRENGTHS

Market entry risks/opportunities by region

We identify regional market threats and growth prospects to guide your overseas layout.

Product mix optimization based on local practices

We adjust product portfolios in line with local consumption habits.

Competitor tactics in fragmented vs. consolidated markets

We unpack rivals’ operation strategies for scattered and highly concentrated industries.

Full Research Coverage

We cover competition landscape, full supply chain and quantified market size data, and deliver tailor-made customized surveys to meet your unique business demands.

19 Years Industry Expertise

We own self-owned massive exclusive databases, backed by 19 years of global market research experience across thousands of sectors.

24/7 Fast Report Delivery

Our team operates 24 hours a day, 365 days a year, enabling ultra-fast report turnaround to respond to your research needs efficiently.

Localized Strategic Analysis

We integrate regional risk assessment, localized product optimization and competitor analysis to deliver actionable market strategies.

Market entry risks/opportunities by region

All data is cross-verified from multiple industry sources to deliver thorough, precise analysis that supports reliable corporate strategic decisions.

Market entry risks/opportunities by region

We provide responsive, dedicated after-sales support to resolve all follow-up inquiries about reports, data and industry interpretation.

TABLE OF CONTENTS

1 Market Overview

1.1 Gas Turbines Product Scope

1.2 Gas Turbines by Type

1.2.1 Global Gas Turbines Sales by Type (2020 & 2024 & 2031)

1.2.2 Heavy Duty Gas Turbine

1.2.3 Aeroderivative Gas Turbine

1.2.4 Light Duty Gas Turbine

1.3 Gas Turbines by Application

1.3.1 Global Gas Turbines Sales Comparison by Application (2020 & 2024 & 2031)

1.3.2 Power Generation

1.3.3 Oil & Gas

1.3.4 Other

1.4 Global Gas Turbines Market Estimates and Forecasts (2020-2031)

1.4.1 Global Gas Turbines Market Size in Value Growth Rate (2020-2031)

1.4.2 Global Gas Turbines Market Size in Volume Growth Rate (2020-2031)

1.4.3 Global Gas Turbines Price Trends (2020-2031)

1.5 Assumptions and Limitations

2 Market Size and Prospective by Region

2.1 Global Gas Turbines Market Size by Region: 2020 VS 2024 VS 2031

2.2 Global Gas Turbines Retrospective Market Scenario by Region (2020-2025)

2.2.1 Global Gas Turbines Sales Market Share by Region (2020-2025)

2.2.2 Global Gas Turbines Revenue Market Share by Region (2020-2025)

2.3 Global Gas Turbines Market Estimates and Forecasts by Region (2026-2031)

2.3.1 Global Gas Turbines Sales Estimates and Forecasts by Region (2026-2031)

2.3.2 Global Gas Turbines Revenue Forecast by Region (2026-2031)

2.4 Major Region and Emerging Market Analysis

2.4.1 North America Gas Turbines Market Size and Prospective (2020-2031)

2.4.2 Europe Gas Turbines Market Size and Prospective (2020-2031)

2.4.3 China Gas Turbines Market Size and Prospective (2020-2031)

2.4.4 Japan Gas Turbines Market Size and Prospective (2020-2031)

2.4.5 India Gas Turbines Market Size and Prospective (2020-2031)

3 Global Market Size by Type

3.1 Global Gas Turbines Historic Market Review by Type (2020-2025)

3.1.1 Global Gas Turbines Sales by Type (2020-2025)

3.1.2 Global Gas Turbines Revenue by Type (2020-2025)

3.1.3 Global Gas Turbines Price by Type (2020-2025)

3.2 Global Gas Turbines Market Estimates and Forecasts by Type (2026-2031)

3.2.1 Global Gas Turbines Sales Forecast by Type (2026-2031)

3.2.2 Global Gas Turbines Revenue Forecast by Type (2026-2031)

3.2.3 Global Gas Turbines Price Forecast by Type (2026-2031)

3.3 Different Types Gas Turbines Representative Players

4 Global Market Size by Application

4.1 Global Gas Turbines Historic Market Review by Application (2020-2025)

4.1.1 Global Gas Turbines Sales by Application (2020-2025)

4.1.2 Global Gas Turbines Revenue by Application (2020-2025)

4.1.3 Global Gas Turbines Price by Application (2020-2025)

4.2 Global Gas Turbines Market Estimates and Forecasts by Application (2026-2031)

4.2.1 Global Gas Turbines Sales Forecast by Application (2026-2031)

4.2.2 Global Gas Turbines Revenue Forecast by Application (2026-2031)

4.2.3 Global Gas Turbines Price Forecast by Application (2026-2031)

4.3 New Sources of Growth in Gas Turbines Application

5 Competition Landscape by Players

5.1 Global Gas Turbines Sales by Players (2020-2025)

5.2 Global Top Gas Turbines Players by Revenue (2020-2025)

5.3 Global Gas Turbines Market Share by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Gas Turbines as of 2024)

5.4 Global Gas Turbines Average Price by Company (2020-2025)

5.5 Global Key Manufacturers of Gas Turbines, Manufacturing Sites & Headquarters

5.6 Global Key Manufacturers of Gas Turbines, Product Type & Application

5.7 Global Key Manufacturers of Gas Turbines, Date of Enter into This Industry

5.8 Manufacturers Mergers & Acquisitions, Expansion Plans

6 Region Analysis

6.1 North America Market: Players, Segments, Downstream and Major Customers

6.1.1 North America Gas Turbines Sales by Company

6.1.1.1 North America Gas Turbines Sales by Company (2020-2025)

6.1.1.2 North America Gas Turbines Revenue by Company (2020-2025)

6.1.2 North America Gas Turbines Sales Breakdown by Type (2020-2025)

6.1.3 North America Gas Turbines Sales Breakdown by Application (2020-2025)

6.1.4 North America Gas Turbines Major Customer

6.1.5 North America Market Trend and Opportunities

6.2 Europe Market: Players, Segments, Downstream and Major Customers

6.2.1 Europe Gas Turbines Sales by Company

6.2.1.1 Europe Gas Turbines Sales by Company (2020-2025)

6.2.1.2 Europe Gas Turbines Revenue by Company (2020-2025)

6.2.2 Europe Gas Turbines Sales Breakdown by Type (2020-2025)

6.2.3 Europe Gas Turbines Sales Breakdown by Application (2020-2025)

6.2.4 Europe Gas Turbines Major Customer

6.2.5 Europe Market Trend and Opportunities

6.3 China Market: Players, Segments, Downstream and Major Customers

6.3.1 China Gas Turbines Sales by Company

6.3.1.1 China Gas Turbines Sales by Company (2020-2025)

6.3.1.2 China Gas Turbines Revenue by Company (2020-2025)

6.3.2 China Gas Turbines Sales Breakdown by Type (2020-2025)

6.3.3 China Gas Turbines Sales Breakdown by Application (2020-2025)

6.3.4 China Gas Turbines Major Customer

6.3.5 China Market Trend and Opportunities

6.4 Japan Market: Players, Segments, Downstream and Major Customers

6.4.1 Japan Gas Turbines Sales by Company

6.4.1.1 Japan Gas Turbines Sales by Company (2020-2025)

6.4.1.2 Japan Gas Turbines Revenue by Company (2020-2025)

6.4.2 Japan Gas Turbines Sales Breakdown by Type (2020-2025)

6.4.3 Japan Gas Turbines Sales Breakdown by Application (2020-2025)

6.4.4 Japan Gas Turbines Major Customer

6.4.5 Japan Market Trend and Opportunities

6.5 India Market: Players, Segments, Downstream and Major Customers

6.5.1 India Gas Turbines Sales by Company

6.5.1.1 India Gas Turbines Sales by Company (2020-2025)

6.5.1.2 India Gas Turbines Revenue by Company (2020-2025)

6.5.2 India Gas Turbines Sales Breakdown by Type (2020-2025)

6.5.3 India Gas Turbines Sales Breakdown by Application (2020-2025)

6.5.4 India Gas Turbines Major Customer

6.5.5 India Market Trend and Opportunities

7 Company Profiles and Key Figures

7.1 GE Vernova

7.1.1 GE Vernova Company Information

7.1.2 GE Vernova Business Overview

7.1.3 GE Vernova Gas Turbines Sales, Revenue and Gross Margin (2020-2025)

7.1.4 GE Vernova Gas Turbines Products Offered

7.1.5 GE Vernova Recent Development

7.2 Siemens Energy

7.2.1 Siemens Energy Company Information

7.2.2 Siemens Energy Business Overview

7.2.3 Siemens Energy Gas Turbines Sales, Revenue and Gross Margin (2020-2025)

7.2.4 Siemens Energy Gas Turbines Products Offered

7.2.5 Siemens Energy Recent Development

7.3 MHPS

7.3.1 MHPS Company Information

7.3.2 MHPS Business Overview

7.3.3 MHPS Gas Turbines Sales, Revenue and Gross Margin (2020-2025)

7.3.4 MHPS Gas Turbines Products Offered

7.3.5 MHPS Recent Development

7.4 Dongfang Electric Corporation

7.4.1 Dongfang Electric Corporation Company Information

7.4.2 Dongfang Electric Corporation Business Overview

7.4.3 Dongfang Electric Corporation Gas Turbines Sales, Revenue and Gross Margin (2020-2025)

7.4.4 Dongfang Electric Corporation Gas Turbines Products Offered

7.4.5 Dongfang Electric Corporation Recent Development

7.5 Solar Turbines

7.5.1 Solar Turbines Company Information

7.5.2 Solar Turbines Business Overview

7.5.3 Solar Turbines Gas Turbines Sales, Revenue and Gross Margin (2020-2025)

7.5.4 Solar Turbines Gas Turbines Products Offered

7.5.5 Solar Turbines Recent Development

7.6 Baker Hughes

7.6.1 Baker Hughes Company Information

7.6.2 Baker Hughes Business Overview

7.6.3 Baker Hughes Gas Turbines Sales, Revenue and Gross Margin (2020-2025)

7.6.4 Baker Hughes Gas Turbines Products Offered

7.6.5 Baker Hughes Recent Development

7.7 Ansaldo

7.7.1 Ansaldo Company Information

7.7.2 Ansaldo Business Overview

7.7.3 Ansaldo Gas Turbines Sales, Revenue and Gross Margin (2020-2025)

7.7.4 Ansaldo Gas Turbines Products Offered

7.7.5 Ansaldo Recent Development

7.8 Kawasaki

7.8.1 Kawasaki Company Information

7.8.2 Kawasaki Business Overview

7.8.3 Kawasaki Gas Turbines Sales, Revenue and Gross Margin (2020-2025)

7.8.4 Kawasaki Gas Turbines Products Offered

7.8.5 Kawasaki Recent Development

7.9 BHEL

7.9.1 BHEL Company Information

7.9.2 BHEL Business Overview

7.9.3 BHEL Gas Turbines Sales, Revenue and Gross Margin (2020-2025)

7.9.4 BHEL Gas Turbines Products Offered

7.9.5 BHEL Recent Development

8 Gas Turbines Manufacturing Cost Analysis

8.1 Gas Turbines Key Raw Materials Analysis

8.1.1 Key Raw Materials

8.1.2 Key Suppliers of Raw Materials

8.2 Proportion of Manufacturing Cost Structure

8.3 Manufacturing Process Analysis of Gas Turbines

8.4 Gas Turbines Industrial Chain Analysis

9 Marketing Channel, Distributors and Customers

9.1 Marketing Channel

9.2 Gas Turbines Distributors List

9.3 Gas Turbines Customers

10 Gas Turbines Market Dynamics

10.1 Gas Turbines Industry Trends

10.2 Gas Turbines Market Drivers

10.3 Gas Turbines Market Challenges

10.4 Gas Turbines Market Restraints

11 Research Findings and Conclusion

12 Appendix

12.1 Research Methodology

12.1.1 Methodology/Research Approach

12.1.1.1 Research Programs/Design

12.1.1.2 Market Size Estimation

12.1.1.3 Market Breakdown and Data Triangulation

12.1.2 Data Source

12.1.2.1 Secondary Sources

12.1.2.2 Primary Sources

12.2 Author Details

12.3 Disclaimer

TABLE OF FIGURES

List of Tables

Table 1. Global Gas Turbines Sales (US$ Million) Growth Rate by Type (2020 & 2024 & 2031)

Table 2. Global Gas Turbines Sales (US$ Million) Comparison by Application (2020 & 2024 & 2031)

Table 3. Global Market Gas Turbines Market Size (US$ Million) by Region:2020 VS 2024 VS 2031

Table 4. Global Gas Turbines Sales (MW) by Region (2020-2025)

Table 5. Global Gas Turbines Sales Market Share by Region (2020-2025)

Table 6. Global Gas Turbines Revenue (US$ Million) Market Share by Region (2020-2025)

Table 7. Global Gas Turbines Revenue Share by Region (2020-2025)

Table 8. Global Gas Turbines Sales (MW) Forecast by Region (2026-2031)

Table 9. Global Gas Turbines Sales Market Share Forecast by Region (2026-2031)

Table 10. Global Gas Turbines Revenue (US$ Million) Forecast by Region (2026-2031)

Table 11. Global Gas Turbines Revenue Share Forecast by Region (2026-2031)

Table 12. Global Gas Turbines Sales by Type (MW) & (2020-2025)

Table 13. Global Gas Turbines Sales Share by Type (2020-2025)

Table 14. Global Gas Turbines Revenue by Type (US$ Million) & (2020-2025)

Table 15. Global Gas Turbines Price by Type (US$/KW) & (2020-2025)

Table 16. Global Gas Turbines Sales by Type (MW) & (2026-2031)

Table 17. Global Gas Turbines Revenue by Type (US$ Million) & (2026-2031)

Table 18. Global Gas Turbines Price by Type (US$/KW) & (2026-2031)

Table 19. Representative Players of Each Type

Table 20. Global Gas Turbines Sales by Application (MW) & (2020-2025)

Table 21. Global Gas Turbines Sales Share by Application (2020-2025)

Table 22. Global Gas Turbines Revenue by Application (US$ Million) & (2020-2025)

Table 23. Global Gas Turbines Price by Application (US$/KW) & (2020-2025)

Table 24. Global Gas Turbines Sales by Application (MW) & (2026-2031)

Table 25. Global Gas Turbines Revenue Market Share by Application (US$ Million) & (2026-2031)

Table 26. Global Gas Turbines Price by Application (US$/KW) & (2026-2031)

Table 27. New Sources of Growth in Gas Turbines Application

Table 28. Global Gas Turbines Sales by Company (MW) & (2020-2025)

Table 29. Global Gas Turbines Sales Share by Company (2020-2025)

Table 30. Global Gas Turbines Revenue by Company (US$ Million) & (2020-2025)

Table 31. Global Gas Turbines Revenue Share by Company (2020-2025)

Table 32. Global Gas Turbines by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Gas Turbines as of 2024)

Table 33. Global Market Gas Turbines Average Price by Company (US$/KW) & (2020-2025)

Table 34. Global Key Manufacturers of Gas Turbines, Manufacturing Sites & Headquarters

Table 35. Global Key Manufacturers of Gas Turbines, Product Type & Application

Table 36. Global Key Manufacturers of Gas Turbines, Date of Enter into This Industry

Table 37. Manufacturers Mergers & Acquisitions, Expansion Plans

Table 38. North America Gas Turbines Sales by Company (2020-2025) & (MW)

Table 39. North America Gas Turbines Sales Market Share by Company (2020-2025)

Table 40. North America Gas Turbines Revenue by Company (2020-2025) & (US$ Million)

Table 41. North America Gas Turbines Revenue Market Share by Company (2020-2025)

Table 42. North America Gas Turbines Sales by Type (2020-2025) & (MW)

Table 43. North America Gas Turbines Sales Market Share by Type (2020-2025)

Table 44. North America Gas Turbines Sales by Application (2020-2025) & (MW)

Table 45. North America Gas Turbines Sales Market Share by Application (2020-2025)

Table 46. Europe Gas Turbines Sales by Company (2020-2025) & (MW)

Table 47. Europe Gas Turbines Sales Market Share by Company (2020-2025)

Table 48. Europe Gas Turbines Revenue by Company (2020-2025) & (US$ Million)

Table 49. Europe Gas Turbines Revenue Market Share by Company (2020-2025)

Table 50. Europe Gas Turbines Sales by Type (2020-2025) & (MW)

Table 51. Europe Gas Turbines Sales Market Share by Type (2020-2025)

Table 52. Europe Gas Turbines Sales by Application (2020-2025) & (MW)

Table 53. Europe Gas Turbines Sales Market Share by Application (2020-2025)

Table 54. China Gas Turbines Sales by Company (2020-2025) & (MW)

Table 55. China Gas Turbines Sales Market Share by Company (2020-2025)

Table 56. China Gas Turbines Revenue by Company (2020-2025) & (US$ Million)

Table 57. China Gas Turbines Revenue Market Share by Company (2020-2025)

Table 58. China Gas Turbines Sales by Type (2020-2025) & (MW)

Table 59. China Gas Turbines Sales Market Share by Type (2020-2025)

Table 60. China Gas Turbines Sales by Application (2020-2025) & (MW)

Table 61. China Gas Turbines Sales Market Share by Application (2020-2025)

Table 62. Japan Gas Turbines Sales by Company (2020-2025) & (MW)

Table 63. Japan Gas Turbines Sales Market Share by Company (2020-2025)

Table 64. Japan Gas Turbines Revenue by Company (2020-2025) & (US$ Million)

Table 65. Japan Gas Turbines Revenue Market Share by Company (2020-2025)

Table 66. Japan Gas Turbines Sales by Type (2020-2025) & (MW)

Table 67. Japan Gas Turbines Sales Market Share by Type (2020-2025)

Table 68. Japan Gas Turbines Sales by Application (2020-2025) & (MW)

Table 69. Japan Gas Turbines Sales Market Share by Application (2020-2025)

Table 70. India Gas Turbines Sales by Company (2020-2025) & (MW)

Table 71. India Gas Turbines Sales Market Share by Company (2020-2025)

Table 72. India Gas Turbines Revenue by Company (2020-2025) & (US$ Million)

Table 73. India Gas Turbines Revenue Market Share by Company (2020-2025)

Table 74. India Gas Turbines Sales by Type (2020-2025) & (MW)

Table 75. India Gas Turbines Sales Market Share by Type (2020-2025)

Table 76. India Gas Turbines Sales by Application (2020-2025) & (MW)

Table 77. India Gas Turbines Sales Market Share by Application (2020-2025)

Table 78. GE Vernova Company Information

Table 79. GE Vernova Description and Business Overview

Table 80. GE Vernova Gas Turbines Sales (MW), Revenue (US$ Million), Price (US$/KW) and Gross Margin (2020-2025)

Table 81. GE Vernova Gas Turbines Product

Table 82. GE Vernova Recent Development

Table 83. Siemens Energy Company Information

Table 84. Siemens Energy Description and Business Overview

Table 85. Siemens Energy Gas Turbines Sales (MW), Revenue (US$ Million), Price (US$/KW) and Gross Margin (2020-2025)

Table 86. Siemens Energy Gas Turbines Product

Table 87. Siemens Energy Recent Development

Table 88. MHPS Company Information

Table 89. MHPS Description and Business Overview

Table 90. MHPS Gas Turbines Sales (MW), Revenue (US$ Million), Price (US$/KW) and Gross Margin (2020-2025)

Table 91. MHPS Gas Turbines Product

Table 92. MHPS Recent Development

Table 93. Dongfang Electric Corporation Company Information

Table 94. Dongfang Electric Corporation Description and Business Overview

Table 95. Dongfang Electric Corporation Gas Turbines Sales (MW), Revenue (US$ Million), Price (US$/KW) and Gross Margin (2020-2025)

Table 96. Dongfang Electric Corporation Gas Turbines Product

Table 97. Dongfang Electric Corporation Recent Development

Table 98. Solar Turbines Company Information

Table 99. Solar Turbines Description and Business Overview

Table 100. Solar Turbines Gas Turbines Sales (MW), Revenue (US$ Million), Price (US$/KW) and Gross Margin (2020-2025)

Table 101. Solar Turbines Gas Turbines Product

Table 102. Solar Turbines Recent Development

Table 103. Baker Hughes Company Information

Table 104. Baker Hughes Description and Business Overview

Table 105. Baker Hughes Gas Turbines Sales (MW), Revenue (US$ Million), Price (US$/KW) and Gross Margin (2020-2025)

Table 106. Baker Hughes Gas Turbines Product

Table 107. Baker Hughes Recent Development

Table 108. Ansaldo Company Information

Table 109. Ansaldo Description and Business Overview

Table 110. Ansaldo Gas Turbines Sales (MW), Revenue (US$ Million), Price (US$/KW) and Gross Margin (2020-2025)

Table 111. Ansaldo Gas Turbines Product

Table 112. Ansaldo Recent Development

Table 113. Kawasaki Company Information

Table 114. Kawasaki Description and Business Overview

Table 115. Kawasaki Gas Turbines Sales (MW), Revenue (US$ Million), Price (US$/KW) and Gross Margin (2020-2025)

Table 116. Kawasaki Gas Turbines Product

Table 117. Kawasaki Recent Development

Table 118. BHEL Company Information

Table 119. BHEL Description and Business Overview

Table 120. BHEL Gas Turbines Sales (MW), Revenue (US$ Million), Price (US$/KW) and Gross Margin (2020-2025)

Table 121. BHEL Gas Turbines Product

Table 122. BHEL Recent Development

Table 123. Production Base and Market Concentration Rate of Raw Material

Table 124. Key Suppliers of Raw Materials

Table 125. Gas Turbines Distributors List

Table 126. Gas Turbines Customers List

Table 127. Gas Turbines Market Trends

Table 128. Gas Turbines Market Drivers

Table 129. Gas Turbines Market Challenges

Table 130. Gas Turbines Market Restraints

Table 131. Research Programs/Design for This Report

Table 132. Key Data Information from Secondary Sources

Table 133. Key Data Information from Primary Sources

List of Figures

Figure 1. Gas Turbines Product Picture

Figure 2. Global Gas Turbines Sales (US$ Million) by Type (2020 & 2024 & 2031)

Figure 3. Global Gas Turbines Sales Market Share by Type in 2024 & 2031

Figure 4. Heavy Duty Gas Turbine Product Picture

Figure 5. Aeroderivative Gas Turbine Product Picture

Figure 6. Light Duty Gas Turbine Product Picture

Figure 7. Global Gas Turbines Sales (US$ Million) by Application (2020 & 2024 & 2031)

Figure 8. Global Gas Turbines Sales Market Share by Application in 2024 & 2031

Figure 9. Power Generation Examples

Figure 10. Oil & Gas Examples

Figure 11. Other Examples

Figure 12. Global Gas Turbines Sales, (US$ Million), 2020 VS 2024 VS 2031

Figure 13. Global Gas Turbines Sales Growth Rate (2020-2031) & (US$ Million)

Figure 14. Global Gas Turbines Sales (MW) Growth Rate (2020-2031)

Figure 15. Global Gas Turbines Price Trends Growth Rate (2020-2031) & (US$/KW)

Figure 16. Gas Turbines Report Years Considered

Figure 17. Global Market Gas Turbines Market Size (US$ Million) by Region:2020 VS 2024 VS 2031

Figure 18. Global Gas Turbines Revenue Market Share by Region: 2020 VS 2024

Figure 19. North America Gas Turbines Revenue (US$ Million) Growth Rate (2020-2031)

Figure 20. North America Gas Turbines Sales (MW) Growth Rate (2020-2031)

Figure 21. Europe Gas Turbines Revenue (US$ Million) Growth Rate (2020-2031)

Figure 22. Europe Gas Turbines Sales (MW) Growth Rate (2020-2031)

Figure 23. China Gas Turbines Revenue (US$ Million) Growth Rate (2020-2031)

Figure 24. China Gas Turbines Sales (MW) Growth Rate (2020-2031)

Figure 25. Japan Gas Turbines Revenue (US$ Million) Growth Rate (2020-2031)

Figure 26. Japan Gas Turbines Sales (MW) Growth Rate (2020-2031)

Figure 27. India Gas Turbines Revenue (US$ Million) Growth Rate (2020-2031)

Figure 28. India Gas Turbines Sales (MW) Growth Rate (2020-2031)

Figure 29. Global Gas Turbines Revenue Share by Type (2020-2025)

Figure 30. Global Gas Turbines Sales Share by Type (2026-2031)

Figure 31. Global Gas Turbines Revenue Share by Type (2026-2031)

Figure 32. Global Gas Turbines Revenue Share by Application (2020-2025)

Figure 33. Global Gas Turbines Revenue Growth Rate by Application in 2020 & 2024

Figure 34. Global Gas Turbines Sales Share by Application (2026-2031)

Figure 35. Global Gas Turbines Revenue Share by Application (2026-2031)

Figure 36. Global Gas Turbines Sales Share by Company (2024)

Figure 37. Global Gas Turbines Revenue Share by Company (2024)

Figure 38. Global 5 Largest Gas Turbines Players Market Share by Revenue in Gas Turbines: 2020 & 2024

Figure 39. Gas Turbines Market Share by Company Type (Tier 1, Tier 2, and Tier 3): 2020 VS 2024

Figure 40. Manufacturing Cost Structure of Gas Turbines

Figure 41. Manufacturing Process Analysis of Gas Turbines

Figure 42. Gas Turbines Industrial Chain

Figure 43. Channels of Distribution (Direct Vs Distribution)

Figure 44. Distributors Profiles

Figure 45. Bottom-up and Top-down Approaches for This Report

Figure 46. Data Triangulation

Figure 47. Key Executives Interviewed

KEY QUESTIONS ADDRESSED BY THE REPORT

What is the annual compound growth rate of the global Gas Turbines market size from 2025 to 2031? zhanKai

The annual compound growth rate of the global Gas Turbines market is 8.0% 2025 to 2031.

Which companies rank high in the global Gas Turbines market? shouQi

What was the global market size of Gas Turbines in 2025? shouQi

Which region is expected to have the highest market share? shouQi

What was the global market size of Gas Turbines in 2031? shouQi

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