Gas Turbine Market Size, Share & Analysis, By Capacity (1-2 MW, 2-5 MW, 5-7.5 MW, 7.5-10 MW, 10-15 MW, 15-20 MW, 20-30 MW, 30-40 MW, 40-100 MW, 100-150 MW, 150-300 MW, and 300+ MW) By Technology (Heavy Duty, Light Industrial, and Aeroderivative), By Cycle (Simple Cycle, and Combined Cycle), By Sector (Power Utilities, Oil & Gas, Manufacturing, Aviation, and Others) Regional Forecast, 2026-2034

ATTRIBUTE

DETAILS

Study Period

2021-2034

Base Year

2025

Forecast Period

2026-2034

Historical Period

2021-2024

Growth Rate

CAGR of 4.31% from 2026 to 2034

Unit

Value (USD Billion), Volume (MW)

Segmentation

By Capacity

• 1-2 MW
• 2-5 MW
• 5-7.5 MW
• 7.5-10 MW
• 10-15 MW
• 15-20 MW
• 20-30 MW
• 30-40 MW
• 40-100 MW
• 100-150 MW
• 150-300 MW
• 300+ MW

By Technology

• Heavy Duty
• Light Industrial
• Aeroderivative

By Cycle

• Simple Cycle
• Combined Cycle

By Sector

• Power Utilities
• Oil & Gas
• Manufacturing
• Aviation
• Others

By Region

• North America (By Capacity, By Technology, By Cycle, By Sector, and by Country)
  • U.S. (By Cycle)
  • Canada (By Cycle)
• Europe (By Capacity, By Technology, By Cycle, By Sector, and by Country)
  • U.K. (By Cycle)
  • Germany (By Cycle)
  • France (By Cycle)
  • Spain (By Cycle)
  • Italy (By Cycle)
  • Turkey (By Cycle)
  • Russia (By Cycle)
  • Rest of Europe (By Cycle)
• Asia Pacific (By Capacity, By Technology, By Cycle, By Sector, and By Country)
  • China (By Cycle)
  • India (By Cycle)
  • Japan (By Cycle)
  • Australia (By Cycle)
  • Indonesia (By Cycle)
  • Thailand (By Cycle)
  • South Korea (By Cycle)
  • Rest of Asia-Pacific (By Cycle)
• Latin America (By Capacity, By Technology, By Cycle, By Sector, and by Country)
  • Brazil (By Cycle)
  • Mexico (By Cycle)
  • Argentina (By Cycle)
  • Venezuela (By Cycle)
  • Rest of Latin America (By Cycle)
• Middle East & Africa (By Capacity, By Technology, By Cycle, By Sector, and by Country)
  • South Africa (By Cycle)
  • Iran (By Cycle)
  • Egypt (By Cycle)
  • Qatar (By Cycle)
  • Saudi Arabia (By Cycle)
  • Algeria (By Cycle)
  • United Arab Emirates (By Cycle)
  • Rest of Middle East & Africa (By Cycle)