Aeroderivative Gas Turbine Market, Global Outlook and Forecast 2023-2029

The aeroderivative gas turbine is a lighter weight variation of a gas turbine. Despite being classified as a gas turbine, the fuel source for the aeroderivative turbine is not really gas. Actually, they are designed so that fuel and air are mixed and then ignited to achieve the desired output. The design of gas turbines is comprised of a compression device to facilitate the taking in of air and compressing it (the ﾓgasﾔ in this case) and then applying heat by means of a burner. The resulting flow of hot air is used as the source of powering the turbine. Today, these are typically designed to make use of a combustion process that is continuous as opposed to the intermittent nature of automotive combustion engines.
This report aims to provide a comprehensive presentation of the global market for Aeroderivative Gas Turbine, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Aeroderivative Gas Turbine. This report contains market size and forecasts of Aeroderivative Gas Turbine in global, including the following market information:
Global Aeroderivative Gas Turbine Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Aeroderivative Gas Turbine Market Sales, 2018-2023, 2024-2029, (K Units)
Global top five Aeroderivative Gas Turbine companies in 2022 (%)
The global Aeroderivative Gas Turbine market was valued at US$ 1341.8 million in 2022 and is projected to reach US$ 1492.3 million by 2029, at a CAGR of 1.5% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Global aeroderivative gas turbine main manufactuers include GE, Siemens, MHPS, etc. As for the types of products, it can be divided into below 30MW and more than or equal to 30MW. The most common product is more than or equal to 30MW, with a share over 75%. In terms of applications, it is widely used in mobility, power generation, oil and gas. The most commom application is in power generation, with a share over 70%.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Aeroderivative Gas Turbine manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Aeroderivative Gas Turbine Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Aeroderivative Gas Turbine Market Segment Percentages, by Type, 2022 (%)
    below 30MW
    More Than or Equal to 30MW
Global Aeroderivative Gas Turbine Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Aeroderivative Gas Turbine Market Segment Percentages, by Application, 2022 (%)
    Mobility Aeroderivative Gas Turbine
    Power Generation Aeroderivative Gas Turbine
    Oil and Gas
Global Aeroderivative Gas Turbine Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Aeroderivative Gas Turbine Market Segment Percentages, By Region and Country, 2022 (%)
    North America
        US
        Canada
        Mexico
    Europe
        Germany
        France
        U.K.
        Italy
        Russia
        Nordic Countries
        Benelux
        Rest of Europe
    Asia
        China
        Japan
        South Korea
        Southeast Asia
        India
        Rest of Asia
    South America
        Brazil
        Argentina
        Rest of South America
    Middle East & Africa
        Turkey
        Israel
        Saudi Arabia
        UAE
        Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Aeroderivative Gas Turbine revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Aeroderivative Gas Turbine revenues share in global market, 2022 (%)
Key companies Aeroderivative Gas Turbine sales in global market, 2018-2023 (Estimated), (K Units)
Key companies Aeroderivative Gas Turbine sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
    GE
    Siemens
    MHPS
Outline of Major Chapters:
Chapter 1: Introduces the definition of Aeroderivative Gas Turbine, market overview.
Chapter 2: Global Aeroderivative Gas Turbine market size in revenue and volume.
Chapter 3: Detailed analysis of Aeroderivative Gas Turbine manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Aeroderivative Gas Turbine in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Aeroderivative Gas Turbine capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.