Aeroderivative Gas Turbine Market Outlook:
Aeroderivative Gas Turbine Market size was valued at USD 3.81 billion in 2025 and is projected to reach USD 6.78 billion by the end of 2035, growing at a CAGR of 6.1% during the forecast period, i.e., 2026-2035. In 2026, the industry size of aeroderivative gas turbine is estimated at USD 4.04 billion.
The dominant demand for oil and gas is foreseen to fuel the installation of aeroderivative gas turbines in the exploration facilities. The onshore exploration is leading the production of hydrocarbons. However, several oil and gas companies are focusing on offshore discoveries to earn lucrative gains. The U.S. Energy Information Administration (EIA) estimates that by the end of 2025 and the first quarter of 2026, the average amount of oil in the world's inventory will be above 2 million barrels per day (b/d), which is 0.8 million b/d more than it was last month. Furthermore, the study by the International Energy Agency highlights that global oil consumption in 2024 increased by 1.3% over 2019 levels, mostly as a result of a 12% increase in demand for petrochemical feedstocks over the preceding five years.
The U.S., Saudi Arabia, Russia, Canada, Iraq, and China are leading the oil production in the global landscape. The strong existence of onshore oil reserves in these areas is directly boosting the trade of aeroderivative gas turbines. The current investments in the exploration of offshore oil and gas farms are set to increase the applications of aeroderivative gas turbines during the foreseeable period. The IEA study projects that, by December 2025, the U.S. will produce a record-breaking 13.6 million barrels of crude oil per day. By the last quarter of 2026, the United States will produce 13.1 million barrels of crude oil per day. The production of crude oil is expected to average 13.4 million barrels per day in 2025 and 13.3 million barrels per day in 2026.
