The global market for Gas Turbine and Steam Turbine and Compressors was valued at US$ million in the year 2024 and is projected to reach a revised size of US$ million by 2031, growing at a CAGR of %during the forecast period.
A gas turbine, also known as a combustion turbine, is a type of internal combustion engine used for power generation and propulsion. It operates on the principle of converting the energy of high-pressure and high-temperature gases into mechanical work through the rotation of a turbine
A steam turbine is a mechanical device that converts the thermal energy of steam into mechanical work by using the principles of thermodynamics and rotary motion. It is commonly used for power generation in steam power plants.
Compressors are mechanical devices used to increase the pressure of a gas by reducing its volume. They play a crucial role in various applications, including refrigeration, air conditioning, gas processing, and power generation.
In the China market, the core manufacturers of Gas Turbine and Steam Turbine and Compressors (GSTC) are mainly companies such as GE, Oriental Electronics, and Siemens. The top four players in this industry account for about 80% of the market share. The product can be classified into gas turbine, steam turbine and compressor based on the type of product. It is widely used in power generation, steel mills and other industries.
Report Scope
This report aims to provide a comprehensive presentation of the global market for Gas Turbine and Steam Turbine and Compressors, 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 Gas Turbine and Steam Turbine and Compressors.
The Gas Turbine and Steam Turbine and Compressors market size, estimations, and forecasts are provided in terms of output/shipments (MW) and revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. This report segments the global Gas Turbine and Steam Turbine and Compressors market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Gas Turbine and Steam Turbine and Compressors manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
GE
Siemens
Ansaldo
Solar Turbines
MHI
Dongfang Electric
Shanghai Electric
Harbin Electric
Hangzhou Turbine
Atlas Copco
Kaishan Group
Hanbell
Ingersoll Rand
Ningbo Baosi
East Asia Machinery
Hitachi
by Type
Gas Turbine
Steam Turbine
Compressors
by Application
Power Generation
Steel Mill
Others
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Europe
Germany
France
U.K.
Italy
Russia
Rest of Europe
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Gas Turbine and Steam Turbine and Compressors manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Gas Turbine and Steam Turbine and Compressors by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Gas Turbine and Steam Turbine and Compressors 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, and production of each country in the world.
Chapter 5: 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 6: 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 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
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: The main points and conclusions of the report.
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1 Gas Turbine and Steam Turbine and Compressors Market Overview
1.1 Product Definition
1.2 Gas Turbine and Steam Turbine and Compressors by Type
1.2.1 Global Gas Turbine and Steam Turbine and Compressors Market Value Growth Rate Analysis by Type: 2024 VS 2031
1.2.2 Gas Turbine
1.2.3 Steam Turbine
1.2.4 Compressors
1.3 Gas Turbine and Steam Turbine and Compressors by Application
1.3.1 Global Gas Turbine and Steam Turbine and Compressors Market Value Growth Rate Analysis by Application: 2024 VS 2031
1.3.2 Power Generation
1.3.3 Steel Mill
1.3.4 Others
1.4 Global Market Growth Prospects
1.4.1 Global Gas Turbine and Steam Turbine and Compressors Production Value Estimates and Forecasts (2020-2031)
1.4.2 Global Gas Turbine and Steam Turbine and Compressors Production Capacity Estimates and Forecasts (2020-2031)
1.4.3 Global Gas Turbine and Steam Turbine and Compressors Production Estimates and Forecasts (2020-2031)
1.4.4 Global Gas Turbine and Steam Turbine and Compressors Market Average Price Estimates and Forecasts (2020-2031)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Gas Turbine and Steam Turbine and Compressors Production Market Share by Manufacturers (2020-2025)
2.2 Global Gas Turbine and Steam Turbine and Compressors Production Value Market Share by Manufacturers (2020-2025)
2.3 Global Key Players of Gas Turbine and Steam Turbine and Compressors, Industry Ranking, 2023 VS 2024
2.4 Global Gas Turbine and Steam Turbine and Compressors Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
2.5 Global Gas Turbine and Steam Turbine and Compressors Average Price by Manufacturers (2020-2025)
2.6 Global Key Manufacturers of Gas Turbine and Steam Turbine and Compressors, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Gas Turbine and Steam Turbine and Compressors, Product Offered and Application
2.8 Global Key Manufacturers of Gas Turbine and Steam Turbine and Compressors, Date of Enter into This Industry
2.9 Gas Turbine and Steam Turbine and Compressors Market Competitive Situation and Trends
2.9.1 Gas Turbine and Steam Turbine and Compressors Market Concentration Rate
2.9.2 Global 5 and 10 Largest Gas Turbine and Steam Turbine and Compressors Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Gas Turbine and Steam Turbine and Compressors Production by Region
3.1 Global Gas Turbine and Steam Turbine and Compressors Production Value Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
3.2 Global Gas Turbine and Steam Turbine and Compressors Production Value by Region (2020-2031)
3.2.1 Global Gas Turbine and Steam Turbine and Compressors Production Value by Region (2020-2025)
3.2.2 Global Forecasted Production Value of Gas Turbine and Steam Turbine and Compressors by Region (2026-2031)
3.3 Global Gas Turbine and Steam Turbine and Compressors Production Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
3.4 Global Gas Turbine and Steam Turbine and Compressors Production Volume by Region (2020-2031)
3.4.1 Global Gas Turbine and Steam Turbine and Compressors Production by Region (2020-2025)
3.4.2 Global Forecasted Production of Gas Turbine and Steam Turbine and Compressors by Region (2026-2031)
3.5 Global Gas Turbine and Steam Turbine and Compressors Market Price Analysis by Region (2020-2025)
3.6 Global Gas Turbine and Steam Turbine and Compressors Production and Value, Year-over-Year Growth
3.6.1 North America Gas Turbine and Steam Turbine and Compressors Production Value Estimates and Forecasts (2020-2031)
3.6.2 Europe Gas Turbine and Steam Turbine and Compressors Production Value Estimates and Forecasts (2020-2031)
3.6.3 China Gas Turbine and Steam Turbine and Compressors Production Value Estimates and Forecasts (2020-2031)
3.6.4 Japan Gas Turbine and Steam Turbine and Compressors Production Value Estimates and Forecasts (2020-2031)
4 Gas Turbine and Steam Turbine and Compressors Consumption by Region
4.1 Global Gas Turbine and Steam Turbine and Compressors Consumption Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
4.2 Global Gas Turbine and Steam Turbine and Compressors Consumption by Region (2020-2031)
4.2.1 Global Gas Turbine and Steam Turbine and Compressors Consumption by Region (2020-2025)
4.2.2 Global Gas Turbine and Steam Turbine and Compressors Forecasted Consumption by Region (2026-2031)
4.3 North America
4.3.1 North America Gas Turbine and Steam Turbine and Compressors Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
4.3.2 North America Gas Turbine and Steam Turbine and Compressors Consumption by Country (2020-2031)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Gas Turbine and Steam Turbine and Compressors Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
4.4.2 Europe Gas Turbine and Steam Turbine and Compressors Consumption by Country (2020-2031)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Netherlands
4.5 Asia Pacific
4.5.1 Asia Pacific Gas Turbine and Steam Turbine and Compressors Consumption Growth Rate by Region: 2020 VS 2024 VS 2031
4.5.2 Asia Pacific Gas Turbine and Steam Turbine and Compressors Consumption by Region (2020-2031)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Gas Turbine and Steam Turbine and Compressors Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
4.6.2 Latin America, Middle East & Africa Gas Turbine and Steam Turbine and Compressors Consumption by Country (2020-2031)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
4.6.6 GCC Countries
5 Segment by Type
5.1 Global Gas Turbine and Steam Turbine and Compressors Production by Type (2020-2031)
5.1.1 Global Gas Turbine and Steam Turbine and Compressors Production by Type (2020-2025)
5.1.2 Global Gas Turbine and Steam Turbine and Compressors Production by Type (2026-2031)
5.1.3 Global Gas Turbine and Steam Turbine and Compressors Production Market Share by Type (2020-2031)
5.2 Global Gas Turbine and Steam Turbine and Compressors Production Value by Type (2020-2031)
5.2.1 Global Gas Turbine and Steam Turbine and Compressors Production Value by Type (2020-2025)
5.2.2 Global Gas Turbine and Steam Turbine and Compressors Production Value by Type (2026-2031)
5.2.3 Global Gas Turbine and Steam Turbine and Compressors Production Value Market Share by Type (2020-2031)
5.3 Global Gas Turbine and Steam Turbine and Compressors Price by Type (2020-2031)
6 Segment by Application
6.1 Global Gas Turbine and Steam Turbine and Compressors Production by Application (2020-2031)
6.1.1 Global Gas Turbine and Steam Turbine and Compressors Production by Application (2020-2025)
6.1.2 Global Gas Turbine and Steam Turbine and Compressors Production by Application (2026-2031)
6.1.3 Global Gas Turbine and Steam Turbine and Compressors Production Market Share by Application (2020-2031)
6.2 Global Gas Turbine and Steam Turbine and Compressors Production Value by Application (2020-2031)
6.2.1 Global Gas Turbine and Steam Turbine and Compressors Production Value by Application (2020-2025)
6.2.2 Global Gas Turbine and Steam Turbine and Compressors Production Value by Application (2026-2031)
6.2.3 Global Gas Turbine and Steam Turbine and Compressors Production Value Market Share by Application (2020-2031)
6.3 Global Gas Turbine and Steam Turbine and Compressors Price by Application (2020-2031)
7 Key Companies Profiled
7.1 GE
7.1.1 GE Gas Turbine and Steam Turbine and Compressors Company Information
7.1.2 GE Gas Turbine and Steam Turbine and Compressors Product Portfolio
7.1.3 GE Gas Turbine and Steam Turbine and Compressors Production, Value, Price and Gross Margin (2020-2025)
7.1.4 GE Main Business and Markets Served
7.1.5 GE Recent Developments/Updates
7.2 Siemens
7.2.1 Siemens Gas Turbine and Steam Turbine and Compressors Company Information
7.2.2 Siemens Gas Turbine and Steam Turbine and Compressors Product Portfolio
7.2.3 Siemens Gas Turbine and Steam Turbine and Compressors Production, Value, Price and Gross Margin (2020-2025)
7.2.4 Siemens Main Business and Markets Served
7.2.5 Siemens Recent Developments/Updates
7.3 Ansaldo
7.3.1 Ansaldo Gas Turbine and Steam Turbine and Compressors Company Information
7.3.2 Ansaldo Gas Turbine and Steam Turbine and Compressors Product Portfolio
7.3.3 Ansaldo Gas Turbine and Steam Turbine and Compressors Production, Value, Price and Gross Margin (2020-2025)
7.3.4 Ansaldo Main Business and Markets Served
7.3.5 Ansaldo Recent Developments/Updates
7.4 Solar Turbines
7.4.1 Solar Turbines Gas Turbine and Steam Turbine and Compressors Company Information
7.4.2 Solar Turbines Gas Turbine and Steam Turbine and Compressors Product Portfolio
7.4.3 Solar Turbines Gas Turbine and Steam Turbine and Compressors Production, Value, Price and Gross Margin (2020-2025)
7.4.4 Solar Turbines Main Business and Markets Served
7.4.5 Solar Turbines Recent Developments/Updates
7.5 MHI
7.5.1 MHI Gas Turbine and Steam Turbine and Compressors Company Information
7.5.2 MHI Gas Turbine and Steam Turbine and Compressors Product Portfolio
7.5.3 MHI Gas Turbine and Steam Turbine and Compressors Production, Value, Price and Gross Margin (2020-2025)
7.5.4 MHI Main Business and Markets Served
7.5.5 MHI Recent Developments/Updates
7.6 Dongfang Electric
7.6.1 Dongfang Electric Gas Turbine and Steam Turbine and Compressors Company Information
7.6.2 Dongfang Electric Gas Turbine and Steam Turbine and Compressors Product Portfolio
7.6.3 Dongfang Electric Gas Turbine and Steam Turbine and Compressors Production, Value, Price and Gross Margin (2020-2025)
7.6.4 Dongfang Electric Main Business and Markets Served
7.6.5 Dongfang Electric Recent Developments/Updates
7.7 Shanghai Electric
7.7.1 Shanghai Electric Gas Turbine and Steam Turbine and Compressors Company Information
7.7.2 Shanghai Electric Gas Turbine and Steam Turbine and Compressors Product Portfolio
7.7.3 Shanghai Electric Gas Turbine and Steam Turbine and Compressors Production, Value, Price and Gross Margin (2020-2025)
7.7.4 Shanghai Electric Main Business and Markets Served
7.7.5 Shanghai Electric Recent Developments/Updates
7.8 Harbin Electric
7.8.1 Harbin Electric Gas Turbine and Steam Turbine and Compressors Company Information
7.8.2 Harbin Electric Gas Turbine and Steam Turbine and Compressors Product Portfolio
7.8.3 Harbin Electric Gas Turbine and Steam Turbine and Compressors Production, Value, Price and Gross Margin (2020-2025)
7.8.4 Harbin Electric Main Business and Markets Served
7.8.5 Harbin Electric Recent Developments/Updates
7.9 Hangzhou Turbine
7.9.1 Hangzhou Turbine Gas Turbine and Steam Turbine and Compressors Company Information
7.9.2 Hangzhou Turbine Gas Turbine and Steam Turbine and Compressors Product Portfolio
7.9.3 Hangzhou Turbine Gas Turbine and Steam Turbine and Compressors Production, Value, Price and Gross Margin (2020-2025)
7.9.4 Hangzhou Turbine Main Business and Markets Served
7.9.5 Hangzhou Turbine Recent Developments/Updates
7.10 Atlas Copco
7.10.1 Atlas Copco Gas Turbine and Steam Turbine and Compressors Company Information
7.10.2 Atlas Copco Gas Turbine and Steam Turbine and Compressors Product Portfolio
7.10.3 Atlas Copco Gas Turbine and Steam Turbine and Compressors Production, Value, Price and Gross Margin (2020-2025)
7.10.4 Atlas Copco Main Business and Markets Served
7.10.5 Atlas Copco Recent Developments/Updates
7.11 Kaishan Group
7.11.1 Kaishan Group Gas Turbine and Steam Turbine and Compressors Company Information
7.11.2 Kaishan Group Gas Turbine and Steam Turbine and Compressors Product Portfolio
7.11.3 Kaishan Group Gas Turbine and Steam Turbine and Compressors Production, Value, Price and Gross Margin (2020-2025)
7.11.4 Kaishan Group Main Business and Markets Served
7.11.5 Kaishan Group Recent Developments/Updates
7.12 Hanbell
7.12.1 Hanbell Gas Turbine and Steam Turbine and Compressors Company Information
7.12.2 Hanbell Gas Turbine and Steam Turbine and Compressors Product Portfolio
7.12.3 Hanbell Gas Turbine and Steam Turbine and Compressors Production, Value, Price and Gross Margin (2020-2025)
7.12.4 Hanbell Main Business and Markets Served
7.12.5 Hanbell Recent Developments/Updates
7.13 Ingersoll Rand
7.13.1 Ingersoll Rand Gas Turbine and Steam Turbine and Compressors Company Information
7.13.2 Ingersoll Rand Gas Turbine and Steam Turbine and Compressors Product Portfolio
7.13.3 Ingersoll Rand Gas Turbine and Steam Turbine and Compressors Production, Value, Price and Gross Margin (2020-2025)
7.13.4 Ingersoll Rand Main Business and Markets Served
7.13.5 Ingersoll Rand Recent Developments/Updates
7.14 Ningbo Baosi
7.14.1 Ningbo Baosi Gas Turbine and Steam Turbine and Compressors Company Information
7.14.2 Ningbo Baosi Gas Turbine and Steam Turbine and Compressors Product Portfolio
7.14.3 Ningbo Baosi Gas Turbine and Steam Turbine and Compressors Production, Value, Price and Gross Margin (2020-2025)
7.14.4 Ningbo Baosi Main Business and Markets Served
7.14.5 Ningbo Baosi Recent Developments/Updates
7.15 East Asia Machinery
7.15.1 East Asia Machinery Gas Turbine and Steam Turbine and Compressors Company Information
7.15.2 East Asia Machinery Gas Turbine and Steam Turbine and Compressors Product Portfolio
7.15.3 East Asia Machinery Gas Turbine and Steam Turbine and Compressors Production, Value, Price and Gross Margin (2020-2025)
7.15.4 East Asia Machinery Main Business and Markets Served
7.15.5 East Asia Machinery Recent Developments/Updates
7.16 Hitachi
7.16.1 Hitachi Gas Turbine and Steam Turbine and Compressors Company Information
7.16.2 Hitachi Gas Turbine and Steam Turbine and Compressors Product Portfolio
7.16.3 Hitachi Gas Turbine and Steam Turbine and Compressors Production, Value, Price and Gross Margin (2020-2025)
7.16.4 Hitachi Main Business and Markets Served
7.16.5 Hitachi Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Gas Turbine and Steam Turbine and Compressors Industry Chain Analysis
8.2 Gas Turbine and Steam Turbine and Compressors Raw Material Supply Analysis
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Gas Turbine and Steam Turbine and Compressors Production Mode & Process Analysis
8.4 Gas Turbine and Steam Turbine and Compressors Sales and Marketing
8.4.1 Gas Turbine and Steam Turbine and Compressors Sales Channels
8.4.2 Gas Turbine and Steam Turbine and Compressors Distributors
8.5 Gas Turbine and Steam Turbine and Compressors Customer Analysis
9 Gas Turbine and Steam Turbine and Compressors Market Dynamics
9.1 Gas Turbine and Steam Turbine and Compressors Industry Trends
9.2 Gas Turbine and Steam Turbine and Compressors Market Drivers
9.3 Gas Turbine and Steam Turbine and Compressors Market Challenges
9.4 Gas Turbine and Steam Turbine and Compressors Market Restraints
10 Research Findings and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
GE
Siemens
Ansaldo
Solar Turbines
MHI
Dongfang Electric
Shanghai Electric
Harbin Electric
Hangzhou Turbine
Atlas Copco
Kaishan Group
Hanbell
Ingersoll Rand
Ningbo Baosi
East Asia Machinery
Hitachi
听
听
*If Applicable.