세계의 산업용 가스 터빈 시장 규모 : 분할 용량별, 용도별, 기술별, 지역 범위별 및 예측

Industrial Gas Turbine Market Size And Forecast

Industrial Gas Turbine Market size was valued at USD 8.69 Billion in 2024 and is projected to reach USD 10.03 Billion by 2032, growing at a CAGR of 2.00% from 2026 to 2032.

The Industrial Gas Turbine Market is defined by the manufacturing, sale, and servicing of gas turbines used for industrial applications, primarily for power generation and mechanical drive systems. Unlike turbines for aircraft propulsion, these are stationary machines designed for continuous, heavy duty operation in a variety of industries. The core of a gas turbine system consists of a compressor, a combustor, and a turbine. It works by drawing in air, compressing it, mixing it with fuel and igniting it, and then using the resulting high temperature, high pressure gas to spin a turbine to generate power.

This market is segmented by various factors, including output capacity (e.g., heavy duty vs. aeroderivative), technology (open cycle vs. combined cycle), and end user industries such as oil and gas, power generation, and manufacturing. The market's growth is driven by the increasing global demand for electricity, the need for reliable power in remote locations, and the push for decentralized power generation. Additionally, ongoing innovations in efficiency, fuel flexibility, and reduced emissions are key trends shaping the market's future, as companies seek more sustainable and cost effective energy solutions.

Global Industrial Gas Turbine Market Drivers

The global Industrial Gas Turbine Market is experiencing robust growth, propelled by a confluence of macroeconomic trends, technological innovations, and evolving energy policies. As industries and nations worldwide seek more efficient, reliable, and sustainable power solutions, gas turbines are becoming a central component of modern energy infrastructure. This article explores the primary drivers fueling the expansion of this critical market.

Demand for Cleaner, Lower Emission Power Generation: The global shift towards cleaner energy sources is a paramount driver for the industrial gas turbine market. With increasing pressure from environmental regulations, such as those aimed at reducing greenhouse gas emissions and air pollutants like NOx, businesses are moving away from older, less efficient fossil fuel technologies. Modern gas turbines are engineered with advanced combustion systems and can be integrated with carbon capture technologies, significantly lowering their environmental footprint. This focus on cleaner burning fuels like natural gas, which produces fewer emissions compared to coal or oil, positions gas turbines as a key transitional technology. The trend is particularly strong in developed regions like North America and Europe, where stringent emission standards are accelerating the adoption of new, highly efficient gas turbine fleets.

Rising Electricity Demand & Industrialization: Rapid industrialization and population growth, particularly in emerging economies of the Asia Pacific region, are creating an insatiable demand for electricity. As new manufacturing plants, data centers, and urban centers are built, there is a critical need for reliable and scalable power generation. Industrial gas turbines are uniquely suited to meet this demand, offering both large scale power generation and decentralized solutions for localized energy needs. The flexibility and high power output of these systems make them ideal for supporting the energy intensive operations of the oil and gas, manufacturing, and petrochemical industries. This industrial expansion acts as a powerful catalyst for market growth, with major investments in grid infrastructure and new power plants across countries like China and India.

Need for Grid Flexibility & Backup / Peaking Power: The increasing integration of intermittent renewable energy sources, such as wind and solar, has created a critical need for grid flexibility and reliable backup power. When the sun isn't shining or the wind isn't blowing, gas turbines can be brought online quickly and efficiently to stabilize the grid and ensure a continuous power supply. This role as a peaking power plant or an essential backup for baseload power is a core driver for market demand, especially in developed markets. The ability of gas turbines to respond rapidly to fluctuations in energy supply and demand makes them indispensable for grid operators seeking to maintain reliability and prevent blackouts. This trend is a testament to the complementary relationship between gas turbines and renewables in the ongoing energy transition.

Combined Heat & Power (CHP) / Cogeneration: The growing emphasis on energy efficiency and cost savings is driving the adoption of Combined Heat and Power (CHP) systems, also known as cogeneration. These systems use a single fuel source to generate both electricity and useful thermal energy (like steam or hot water) simultaneously. Gas turbines are a central component of CHP, as they can efficiently produce electricity while their waste heat is captured and used for industrial processes or district heating. This approach can achieve overall system efficiencies of over 80%, a significant improvement over traditional power generation methods. The economic and environmental benefits of CHP are particularly appealing to energy intensive sectors like chemical processing, food and beverage, and manufacturing, solidifying this as a major market driver.

Technological Advancements: Ongoing technological advancements are continuously enhancing the performance, efficiency, and flexibility of industrial gas turbines, attracting new investments. Innovations in material science, aerodynamics, and digital control systems have led to the development of highly efficient machines with greater output and lower maintenance requirements. Furthermore, manufacturers are focusing on creating turbines that can operate on a wider range of fuels, including hydrogen and various synthetic gases, to future proof their technology and align with long term decarbonization goals. The integration of advanced analytics, artificial intelligence (AI), and the Industrial Internet of Things (IIoT) is also enabling predictive maintenance, optimizing operational performance, and reducing downtime, making these systems more appealing to end users seeking to maximize their asset value.

Global Industrial Gas Turbine Market Restraints

While the Industrial Gas Turbine Market is driven by several growth factors, it also faces significant challenges that can impede its expansion. These restraints range from economic barriers to competitive pressures from alternative energy sources and technological complexities. Understanding these market limitations is crucial for a complete analysis of the industry's landscape.

High Capital Expenditure (CapEx): One of the most significant restraints is the substantial initial capital expenditure required for the acquisition and installation of industrial gas turbines. These systems are complex and costly to manufacture and implement, often involving major infrastructure projects for new power plants or industrial facilities. This high upfront cost can be a deterrent for potential buyers, especially smaller companies or those in developing economies with limited access to large scale financing. While the long term operational efficiency and low maintenance costs can provide a strong return on investment, the initial financial barrier remains a major hurdle that can slow down market adoption and favor alternative, less capital intensive solutions.

Fuel Price Volatility / Supply Concerns: The reliance on fossil fuels, particularly natural gas, exposes the industrial gas turbine market to fuel price volatility and supply concerns. Fluctuations in global energy markets can directly impact the operational costs for end users, making it difficult to forecast long term profitability. Unpredictable price spikes can erode the economic viability of gas turbine based power generation, pushing industries to explore alternatives with more stable or zero fuel costs, such as solar, wind, and hydro power. Furthermore, geopolitical instability and supply chain disruptions can create concerns about the consistent availability of fuel, adding a layer of risk that can deter major investment in new gas turbine projects.

Stringent Environmental / Emissions Regulations: Despite technological advancements that have reduced emissions, industrial gas turbines still face stringent environmental and emissions regulations. The global push to decarbonize energy systems and achieve net zero targets is leading to stricter rules on carbon dioxide (CO2), nitrogen oxide (NOx), and sulfur oxide (SOx) emissions. While modern turbines are much cleaner than their predecessors, their carbon footprint is still a concern when compared to renewable energy sources.

These regulations not only increase the compliance costs for operators but also favor cleaner, non fossil fuel technologies, creating a regulatory headwind that can restrain the market's growth, particularly in regions with ambitious climate goals.

Competition from Alternative / Renewable Technologies: The industrial gas turbine market is facing intense competition from a growing array of alternative and renewable energy technologies. As solar, wind, and battery storage solutions become more efficient and economically viable, they are increasingly being chosen as the primary sources for new power generation projects. The falling cost of renewables and government incentives for clean energy deployment are making these technologies a compelling alternative to gas turbines, especially in areas with abundant natural resources. While gas turbines maintain a crucial role as a backup for grid stability, the long term trend towards a fully renewable powered grid presents a significant challenge to the market's future growth and its share in the energy mix.

Technical & Operational Complexity: The technical and operational complexity of industrial gas turbines can also act as a restraint on market expansion. These are highly sophisticated machines that require specialized engineering, a skilled workforce for operation, and rigorous maintenance schedules. The intricacy of these systems can lead to higher operational costs and a greater risk of unscheduled downtime if not managed correctly. Furthermore, integrating these large scale systems into existing grids or industrial facilities can be a complex and time consuming process. This complexity can be a barrier to entry for many end users who may prefer simpler, more plug and play energy solutions, even if they are less efficient in the long run.

Global Industrial Gas Turbine Market Segmentation Analysis

The Global Industrial Gas Turbine Market is segmented based on Partitioning Capacity, Application, Technology, and Geography.

Industrial Gas Turbine Market, By Partitioning Capacity

Heavy Duty Gas Turbines

Aeroderivative Gas Turbines

Microturbines

Based on Partitioning Capacity, the Industrial Gas Turbine Market is segmented into Heavy Duty Gas Turbines, Aeroderivative Gas Turbines, and Microturbines. At VMR, our analysis indicates that the Heavy Duty Gas Turbines subsegment is the most dominant, with its leadership driven by its indispensable role in large scale baseload power generation for utility grids and heavy industries. This segment's dominance is underpinned by a confluence of factors, including rapid industrialization in emerging economies, particularly in the Asia Pacific and Middle East, where massive infrastructure projects demand reliable and continuous power. Heavy duty turbines are the backbone of combined cycle power plants, boasting high thermal efficiency and an ability to generate hundreds of megawatts of power, which makes them critical for meeting escalating electricity demand. Data backed insights from our recent reports show that the heavy duty segment accounts for a significant share of the total market revenue, projected to reach over $9 billion by 2034 with a robust CAGR of around 5.2% due to ongoing demand from the power, manufacturing, and petrochemical sectors. Following closely is the Aeroderivative Gas Turbines subsegment, which commands a significant market share due to its unique operational strengths.

Unlike their heavy duty counterparts, aeroderivative turbines are valued for their exceptional flexibility, fast startup times, and high power to weight ratio, making them the preferred choice for peaking power plants and grid stability applications. As the integration of intermittent renewable energy sources like wind and solar continues to grow, aeroderivative turbines are essential for filling supply gaps and ensuring grid reliability, a trend particularly strong in North America and Europe. The market for aeroderivative turbines is poised for a healthy CAGR of over 5% over the forecast period, fueled by demand for distributed energy solutions and their use in the oil & gas industry for mechanical drive applications. Finally, Microturbines occupy a niche but increasingly relevant role. These smaller scale turbines, typically ranging from 25 to 500 kW, are instrumental in supporting decentralized energy models and Combined Heat and Power (CHP) systems for commercial and residential applications. While their revenue contribution is smaller, their potential for localized power generation and integration with future smart grids positions them as a key supporting subsegment for sustainable energy transitions.

Industrial Gas Turbine Market, By Application

Power Generation

Oil and Gas Industry

Industrial Cogeneration

Marine Propulsion

Aviation and Aerospace

Based on Application, the Industrial Gas Turbine Market is segmented into Power Generation, Oil and Gas Industry, Industrial Cogeneration, Marine Propulsion, Aviation and Aerospace. At VMR, our analysis indicates that the Power Generation subsegment is the most dominant, with its leadership driven by the indispensable role gas turbines play in meeting escalating global electricity demand. This segment's growth is underpinned by the worldwide shift away from coal fired power plants towards cleaner natural gas, as well as the need for flexible, fast start power sources to stabilize grids with increasing intermittent renewable energy integration. This trend is particularly pronounced in rapidly industrializing regions like Asia Pacific, where countries such as China and India are projected to lead with CAGRs of 7.7% and 7.1%, respectively, driven by robust infrastructure development and a focus on cleaner energy transitions. Data backed insights project the power generation gas turbine market to reach over $12 billion by 2035 with a CAGR of 5.7%, with large capacity turbines (over 150 MW) being the key drivers of this revenue.

Following closely is the Oil and Gas Industry, which commands a significant market share due to its reliance on gas turbines for both power generation and mechanical drive applications, such as powering compressors for pipeline transport. This segment's strength is notably visible in North America, which holds over 30% of the overall market share, supported by extensive shale gas exploration and production. Finally, the remaining subsegments, while smaller, play crucial roles. Industrial Cogeneration, or Combined Heat and Power (CHP), is a key supporting subsegment, instrumental in boosting energy efficiency to as high as 90% by utilizing waste heat for industrial processes. Marine Propulsion and Aviation and Aerospace occupy niche but high value positions, valued for their high power to weight ratios and reliability in powering military vessels, commercial ships, and aircraft engines, with the aviation gas turbine market alone projected for a healthy 6% CAGR through 2029.

Industrial Gas Turbine Market, By Technology

Open Cycle Gas Turbines

Combined Cycle Gas Turbines

Reciprocating Gas Engines

Based on Technology, the Industrial Gas Turbine Market is segmented into Open Cycle Gas Turbines, Combined Cycle Gas Turbines, and Reciprocating Gas Engines. At VMR, our analysis indicates that Combined Cycle Gas Turbines are the dominant subsegment, commanding a significant market share of over 87% in 2024. This dominance is primarily driven by their superior energy efficiency, which can reach up to 60 80%, a crucial factor in a global energy landscape increasingly focused on sustainability and cost optimization. The growth of this segment is underpinned by the worldwide shift away from less efficient coal fired power plants, with CCGTs serving as a cleaner and more flexible alternative for large scale power generation. This trend is particularly pronounced in rapidly industrializing regions like Asia Pacific, where countries such as China and India are making substantial investments in advanced power generation infrastructure.

The segment also benefits from the digitalization of the energy sector, with the integration of predictive maintenance software and digital twins enhancing operational efficiency and reliability. Following closely is the Open Cycle Gas Turbines subsegment, which holds a smaller but critical role in the market. These turbines are valued for their fast start capabilities and lower capital investment, making them ideal for peaker plants that provide quick response power to stabilize grids and balance the intermittent nature of renewable energy sources like wind and solar. Their strength is notable in regions like North America, where the deregulation of power markets and the increasing integration of renewables have created a strong demand for flexible, on demand power solutions. Finally, Reciprocating Gas Engines occupy a niche position, providing a highly reliable and efficient solution for distributed power generation and smaller scale industrial applications. While a smaller subsegment, they are crucial for providing continuous, reliable power in off grid or remote locations and are gaining traction for their ability to run on various fuel types, including biogas, which aligns with broader decarbonization trends.

Industrial Gas Turbine Market, By Geography

North America

Europe

Asia Pacific

Middle East and Africa

Latin America

The industrial gas turbine market is a dynamic global sector driven by the increasing need for efficient, cleaner, and reliable power generation. These turbines are crucial for various applications, including power plants, oil and gas operations, and manufacturing. The market's geographical landscape is shaped by diverse factors such as economic development, energy policies, and the availability of natural gas. While some regions are focused on modernizing existing infrastructure and integrating with renewable energy, others are experiencing rapid growth driven by industrialization and rising electricity demand.

United States Industrial Gas Turbine Market

Dynamics: The United States is a significant and mature market for industrial gas turbines, driven by a strong focus on power sector reform and grid modernization. The market is characterized by a push for higher efficiency and lower emission technologies, particularly the use of combined cycle gas turbines. The availability of abundant natural gas resources and a well established infrastructure provide a stable foundation for the market.

Growth Drivers: Key drivers include the ongoing shift away from coal fired power plants to gas based generation, which is seen as a cleaner alternative. Government incentives and policies, such as the Inflation Reduction Act, are promoting low carbon technologies and supporting the transition to natural gas and hydrogen blended fuels. The need for flexible and reliable power solutions to complement intermittent renewable energy sources like solar and wind also fuels demand for gas turbines, which can provide quick start and load following capabilities.

Current Trends: The market is seeing a strong trend towards the adoption of large capacity, heavy duty gas turbines, particularly in the 120 MW to >200 MW range, for large scale power generation. There is also a growing focus on the use of advanced digital controls and predictive maintenance to improve operational efficiency and reliability. Additionally, a clear trend is the increasing use of small and mid sized turbines for on site, captive power generation in industrial facilities and remote areas, providing a stable energy source.

Europe Industrial Gas Turbine Market

Dynamics: Europe's industrial gas turbine market is defined by a strong emphasis on decarbonization and energy efficiency. The region is actively transitioning its energy mix away from conventional sources, but gas turbines remain a critical component for grid stability and for filling gaps left by renewable energy. The market is influenced by stringent regulatory frameworks, such as the European Green Deal, which promote cleaner energy technologies.

Growth Drivers: A major growth driver is the need for flexible power generation to integrate with the increasing share of intermittent renewable energy sources. Gas turbines, especially those in combined cycle configurations, are well suited to provide the necessary backup power and grid balancing services. The modernization of aging energy infrastructure and the growth of combined heat and power (CHP) systems in industrial sectors also contribute to market expansion.

Current Trends: The European market is a hub for technological innovation. There is a notable trend towards developing and deploying gas turbines capable of operating on alternative fuels, such as hydrogen, to meet future decarbonization goals. Collaboration between manufacturers and research institutions is fostering advancements in turbine design and emission controls. The digitalization of operations, including the use of IoT and AI for performance monitoring and maintenance, is another significant trend.

Asia Pacific Industrial Gas Turbine Market

Dynamics: The Asia Pacific region is the fastest growing market for industrial gas turbines and is projected to lead the global market. This growth is a direct result of rapid industrialization, urbanization, and a soaring demand for electricity. Major economies like China and India are at the forefront, with extensive energy infrastructure projects underway.

Growth Drivers: The primary growth drivers are the enormous energy demand from a growing population and expanding industrial sectors. The shift from coal based power generation to cleaner gas based alternatives is a significant factor, driven by increasing environmental concerns and government policies. The expansion of captive power plants and the adoption of combined heat and power systems in various industries, including chemicals and paper & pulp, further propel market growth.

Current Trends: The Asia Pacific market is dominated by the demand for heavy duty, large capacity turbines (>200 MW) for new power plant installations. There is a strong trend towards implementing combined cycle technology due to its high efficiency. Countries in the region are also investing in the modernization of their power grids and exploring the potential for gas turbines to complement renewable energy sources.

Latin America Industrial Gas Turbine Market

Dynamics: The Latin American market for industrial gas turbines is experiencing moderate growth. The region's market dynamics are shaped by economic conditions, reliance on oil based economies, and a growing focus on diversifying energy sources. While the availability of natural gas is a key advantage, political and economic instability in some countries can pose challenges.

Growth Drivers: The increasing need for energy to support industrial activities and a rising population is a fundamental driver. The discovery of new natural gas reserves and the subsequent development of gas fired power plants are boosting demand. Additionally, the region is recognizing the need for energy security and reducing its dependence on hydropower, which can be vulnerable to drought conditions, leading to a greater reliance on gas turbines for a stable energy supply.

Current Trends: Combined cycle technology is the most popular and fastest growing segment in Latin America due to its high efficiency. There is a trend toward greater investment in energy projects and grid expansion. Countries like Argentina are showing strong growth, indicating a shift towards more robust energy infrastructure development.

Middle East & Africa Industrial Gas Turbine Market

Dynamics: The Middle East & Africa (MEA) region presents a robust market for industrial gas turbines, with significant growth potential. The market is heavily influenced by the region's vast natural gas reserves, extensive oil and gas operations, and ambitious economic diversification plans.

Growth Drivers: The primary driver is the ongoing expansion of the oil and gas industry, which uses gas turbines for various applications, including powering pipelines and processing facilities. Additionally, many countries are undertaking large scale power generation projects to meet the needs of rapid economic development and urbanization. The restructuring of electrical infrastructure and the shift towards cleaner gas based power generation to reduce reliance on oil and meet climate goals are also significant factors.

Current Trends: The MEA market is seeing substantial investments in high capacity, heavy duty gas turbines. The use of combined cycle technology is a dominant trend, as it offers improved efficiency crucial for cost effective power generation. There is also a growing focus on integrating digital technologies for remote monitoring and predictive maintenance to optimize the performance of gas turbines in the region's challenging climate conditions. Ambitious projects, such as the development of floating liquefied natural gas facilities and industrial scale manufacturing ventures, are fueling the demand for gas turbine units.

Key Players

The "Global Industrial Gas Turbine Market" study report will provide valuable insight with an emphasis on the global market. The major players in the market are Siemens AG, General Electric (GE), Mitsubishi Heavy Industries, Ltd. (MHI), Rolls Royce plc, Kawasaki Heavy Industries, Ltd., and Solar Turbines Incorporated.

Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above mentioned players globally.

TABLE OF CONTENTS

1 INTRODUCTION

• 1.1 MARKET DEFINITION
• 1.2 MARKET SEGMENTATION
• 1.3 RESEARCH TIMELINES
• 1.4 ASSUMPTIONS
• 1.5 LIMITATIONS

2 RESEARCH METHODOLOGY

• 2.1 DATA MINING
• 2.2 SECONDARY RESEARCH
• 2.3 PRIMARY RESEARCH
• 2.4 SUBJECT MATTER EXPERT ADVICE
• 2.5 QUALITY CHECK
• 2.6 FINAL REVIEW
• 2.7 DATA TRIANGULATION
• 2.8 BOTTOM-UP APPROACH
• 2.9 TOP-DOWN APPROACH
• 2.10 RESEARCH FLOW
• 2.11 DATA AGE GROUPS

3 EXECUTIVE SUMMARY

• 3.1 GLOBAL INDUSTRIAL GAS TURBINE MARKET OVERVIEW
• 3.2 GLOBAL INDUSTRIAL GAS TURBINE MARKET ESTIMATES AND FORECAST (USD BILLION)
• 3.3 GLOBAL INDUSTRIAL GAS TURBINE MARKET ECOLOGY MAPPING
• 3.4 COMPETITIVE ANALYSIS: FUNNEL DIAGRAM
• 3.5 GLOBAL INDUSTRIAL GAS TURBINE MARKET ABSOLUTE MARKET OPPORTUNITY
• 3.6 GLOBAL INDUSTRIAL GAS TURBINE MARKET ATTRACTIVENESS ANALYSIS, BY REGION
• 3.7 GLOBAL INDUSTRIAL GAS TURBINE MARKET ATTRACTIVENESS ANALYSIS, BY PARTITIONING CAPACITY
• 3.8 GLOBAL INDUSTRIAL GAS TURBINE MARKET ATTRACTIVENESS ANALYSIS, BY TECHNOLOGY
• 3.9 GLOBAL INDUSTRIAL GAS TURBINE MARKET ATTRACTIVENESS ANALYSIS, BY APPLICATION
• 3.10 GLOBAL INDUSTRIAL GAS TURBINE MARKET GEOGRAPHICAL ANALYSIS (CAGR %)
• 3.11 GLOBAL INDUSTRIAL GAS TURBINE MARKET, BY PARTITIONING CAPACITY (USD BILLION)
• 3.12 GLOBAL INDUSTRIAL GAS TURBINE MARKET, BY TECHNOLOGY (USD BILLION)
• 3.13 GLOBAL INDUSTRIAL GAS TURBINE MARKET, BY APPLICATION (USD BILLION)
• 3.14 GLOBAL INDUSTRIAL GAS TURBINE MARKET, BY GEOGRAPHY (USD BILLION)
• 3.15 FUTURE MARKET OPPORTUNITIES

4 MARKET OUTLOOK

• 4.1 GLOBAL INDUSTRIAL GAS TURBINE MARKET EVOLUTION
• 4.2 GLOBAL INDUSTRIAL GAS TURBINE MARKET OUTLOOK
• 4.3 MARKET DRIVERS
• 4.4 MARKET RESTRAINTS
• 4.5 MARKET TRENDS
• 4.6 MARKET OPPORTUNITY
• 4.7 PORTER'S FIVE FORCES ANALYSIS
  • 4.7.1 THREAT OF NEW ENTRANTS
  • 4.7.2 BARGAINING POWER OF SUPPLIERS
  • 4.7.3 BARGAINING POWER OF BUYERS
  • 4.7.4 THREAT OF SUBSTITUTE GENDERS
  • 4.7.5 COMPETITIVE RIVALRY OF EXISTING COMPETITORS
• 4.8 VALUE CHAIN ANALYSIS
• 4.9 PRICING ANALYSIS
• 4.10 MACROECONOMIC ANALYSIS

5 MARKET, BY PARTITIONING CAPACITY

• 5.1 OVERVIEW
• 5.2 GLOBAL INDUSTRIAL GAS TURBINE MARKET: BASIS POINT SHARE (BPS) ANALYSIS, BY PARTITIONING CAPACITY
• 5.3 HEAVY DUTY GAS TURBINES
• 5.4 AERODERIVATIVE GAS TURBINES
• 5.5 MICROTURBINES

6 MARKET, BY TECHNOLOGY

• 6.1 OVERVIEW
• 6.2 GLOBAL INDUSTRIAL GAS TURBINE MARKET: BASIS POINT SHARE (BPS) ANALYSIS, BY TECHNOLOGY
• 6.3 OPEN CYCLE GAS TURBINES
• 6.4 COMBINED CYCLE GAS TURBINES
• 6.5 RECIPROCATING GAS ENGINES

7 MARKET, BY APPLICATION

• 7.1 OVERVIEW
• 7.2 GLOBAL INDUSTRIAL GAS TURBINE MARKET: BASIS POINT SHARE (BPS) ANALYSIS, BY APPLICATION
• 7.3 POWER GENERATION
• 7.4 OIL AND GAS INDUSTRY
• 7.5 INDUSTRIAL COGENERATION
• 7.6 MARINE PROPULSION
• 7.7 AVIATION AND AEROSPACE

8 MARKET, BY GEOGRAPHY

• 8.1 OVERVIEW
• 8.2 NORTH AMERICA
  • 8.2.1 U.S.
  • 8.2.2 CANADA
  • 8.2.3 MEXICO
• 8.3 EUROPE
  • 8.3.1 GERMANY
  • 8.3.2 U.K.
  • 8.3.3 FRANCE
  • 8.3.4 ITALY
  • 8.3.5 SPAIN
  • 8.3.6 REST OF EUROPE
• 8.4 ASIA PACIFIC
  • 8.4.1 CHINA
  • 8.4.2 JAPAN
  • 8.4.3 INDIA
  • 8.4.4 REST OF ASIA PACIFIC
• 8.5 LATIN AMERICA
  • 8.5.1 BRAZIL
  • 8.5.2 ARGENTINA
  • 8.5.3 REST OF LATIN AMERICA
• 8.6 MIDDLE EAST AND AFRICA
  • 8.6.1 UAE
  • 8.6.2 SAUDI ARABIA
  • 8.6.3 SOUTH AFRICA
  • 8.6.4 REST OF MIDDLE EAST AND AFRICA

9 COMPETITIVE LANDSCAPE

• 9.1 OVERVIEW
• 9.2 KEY DEVELOPMENT STRATEGIES
• 9.3 COMPANY REGIONAL FOOTPRINT
• 9.4 ACE MATRIX
  • 9.4.1 ACTIVE
  • 9.4.2 CUTTING EDGE
  • 9.4.3 EMERGING
  • 9.4.4 INNOVATORS

10 COMPANY PROFILES

• 10.1 OVERVIEW
• 10.2 SIEMENS AG
• 10.3 GENERAL ELECTRIC (GE)
• 10.4 MITSUBISHI HEAVY INDUSTRIESLTD. (MHI)
• 10.5 ROLLS-ROYCE PLC
• 10.6 KAWASAKI HEAVY INDUSTRIES LTD.
• 10.7 SOLAR TURBINES INCORPORATED