What is the current Gas Turbine Market size?

The Gas Turbine Market is projected to register a CAGR of greater than 4% during the forecast period (2024-2029) Read More

Who are the key players in Gas Turbine Market?

Siemens AG, Mitsubishi Heavy Industries Ltd, General Electric Company, Kawasaki Heavy Industries Ltd and Wartsila Oyj Abp are the major companies operating in the Gas Turbine Market. Read More

Which is the fastest growing region in Gas Turbine Market?

Asia-Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Gas Turbine Market?

In 2024, the Asia-Pacific accounts for the largest market share in Gas Turbine Market. Read More

What years does this Gas Turbine Market cover?

The report covers the Gas Turbine Market historical market size for years: 2021, 2022 and 2023. The report also forecasts the Gas Turbine Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

What are the opportunities in the Gas Turbine Market?

The opportunities in the Gas Turbine Market are a) Increased trend of distributed power generation b) Rising demand for electricity, particularly in developing countries due to industrialization and increasing use of electrical appliances Read More

What challenges does the Gas Turbine Market face?

The challenges facing the Gas Turbine Market are a) Shifting focus toward renewable energy sources such as solar and wind power, which may impact the demand for fossil-fired power plants like gas turbines b) Limited natural gas reserves Read More

Gas Turbine Companies

This report lists the top Gas Turbine companies based on the 2023 & 2024 market share reports. Mordor Intelligence expert advisors conducted extensive research and identified these brands to be the leaders in the Gas Turbine industry.