Gas Turbine Market - Top Companies and Manufacturers

  • Report ID: 3354
  • Published Date: Jul 23, 2024
  • Report Format: PDF, PPT

Companies Dominating the Gas Turbine Landscape

top-features-companies
    • General Electric Company
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    • Siemens AG
    • Kawasaki Heavy Industries, Ltd.
    • Ansaldo Energia
    • Mitsubishi Power, Ltd.
    • MAN Energy Solutions
    • Solar Turbines Incorporated
    • Centrax Gas Turbines
    • Técnicas Reunidas S. A.
    • Wartsila

Browse Key Market Insights with Data Illustration:

In the News

  • The Shanghai Electric Company and Ansaldo Energia have been awarded a USD 350 million contract for the construction of an 800MW combined cycle power plant in Bangladesh. The project is part of the Bangladeshi government's plan to increase the country's energy generation capacity.

  • The Mexican government awarded a contract to a consortium formed by Técnicas Reunidas and TSK to design and construct combined cycle plants at Valladolid and Mérida. Approximately 1,000 MW and 500 MW of power is expected from these plants.


Author Credits:  Dhruv Bhatia


  • Report ID: 3354
  • Published Date: Jul 23, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2024, the industry size of gas turbine is assessed at USD 15.44 Billion.

The gas turbine market size was valued at USD 14.74 Billion in 2023 and is anticipated to reach USD 28.85 Billion by the end of 2036, expanding at around 5.3% CAGR during the forecast period i.e., between 2024-2036. Rising demand for clean energy sources and the need to reduce carbon dioxide emissions along with increasing electricity consumption are the major factors driving the market growth.

Asia Pacific is poised to be the largest with a share of about 38% by 2036, propelled by rapid growth of the industrial sector that requires high power output, and increasing demand for natural gas-fired gas turbines.

General Electric Company, Siemens AG, Kawasaki Heavy Industries, Ltd., Ansaldo Energia, Mitsubishi Power, Ltd., MAN Energy Solutions, Solar Turbines Incorporated, Centrax Gas Turbines, Técnicas Reunidas S. A., Wartsila
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