Home > Energy & Power > Electrical Equipment > Turbines > Asia Pacific Gas Turbine Market

Asia Pacific Gas Turbine Market Share

Report ID: GMI11143
Published Date: Aug 2024
Report Format: PDF

Download Free Sample

Asia Pacific Gas Turbine Market Share

Asia Pacific Gas Turbine Company Market Share Analysis, 2023

Ansaldo Energia is one of the prominent players in the energy sector renowned for its expertise in gas turbine technology. The company specializes in the design, manufacturing, and servicing of advanced gas turbines for power generation. Its turbines are known for their high efficiency, reliability, and performance in a variety of applications, from combined cycle power plants to industrial settings. Their portfolio includes a range of products that cater to both large-scale utility and smaller-scale distributed power generation needs. Ansaldo Energia continues to lead in developing cutting-edge turbine solutions that meet the growing demands for cleaner and more efficient energy production.

Asia Pacific Gas Turbine Market Companies

The key industry players include:

Ansaldo Energia
Bharat Heavy Electricals Limited (BHEL)
Capstone Green Energy Corporation
Doosan
Flex Energy Solutions
General Electric
Kawasaki Heavy Industries, Ltd.
MAN Energy Solutions
Mitsubishi Heavy Industries Ltd.
Rolls Royce PLC
Siemens
Solar Turbines Incorporated
UEC-Saturn
VERICOR
Wärtsilä
Zorya-Mashproekt

Authors: Ankit Gupta, Shubham Chaudhary

Frequently Asked Questions (FAQ) :

The Asia Pacific market for gas turbine was worth USD 5.5 billion in 2023 and is expected to grow at a 5.7% CAGR from 2024 to 2032, driven by the growing environmental concerns and strict government regulations on GHG emissions.

The aero derivative gas turbine market segment is projected to exceed USD 2 billion by 2032, fuelled by its benefits and the rising need for co-generating units.

China gas turbine market is projected to exceed USD 3.5 billion by 2032, stimulated by the ongoing expansion of manufacturing and processing facilities spurring the growth of self-regulated power generating plants.

Ansaldo Energia, Bharat Heavy Electricals Limited (BHEL), Capstone Green Energy Corporation, Doosan, and Flex Energy Solutions, among others.