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Europe Aeroderivative Gas Turbine Market Size
- Report ID: GMI9095
- Published Date: Apr 2024
- Report Format: PDF
Europe Aeroderivative Gas Turbine Market Size
Europe Aeroderivative Gas Turbine Market was valued at USD 1.03 billion in 2023 and is anticipated to grow at a CAGR of 5.7% from 2024 to 2032. Ongoing shale gas revolution along with increasing inclination toward energy optimization will contribute to the product demand.
Aeroderivative gas turbines are a type of engines originally derived from aircraft jet engines. These turbines are designed for various industrial and power generation applications where flexibility, efficiency, and rapid deployment are essential. These units are typically more compact & lightweight, making them easier to install and maintain. They offer fast start-up times and can quickly adjust to changes in power demand, making them suitable for applications requiring frequent cycling and load following.
| Report Attribute | Details |
|---|---|
| Base Year: | 2023 |
| Europe Aeroderivative Gas Turbine Market Size in 2023: | USD 1.03 Billion |
| Forecast Period: | 2024 to 2032 |
| Forecast Period 2024 to 2032 CAGR: | 5.7% |
| 2032 Value Projection: | USD 1.70 Billion |
| Historical Data for: | 2021 to 2023 |
| No. of Pages: | 200 |
| Tables, Charts & Figures: | 30 |
| Segments covered: | Capacity, Technology, Application & Country |
| Growth Drivers: |
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| Pitfalls & Challenges: |
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Frequently Asked Questions (FAQ) :
Europe Aeroderivative Gas Turbine Market Scope
