Home > Energy & Power > Electrical Equipment > Turbines > Middle East & Africa Gas Turbine Market

Middle East & Africa Gas Turbine Market Size - By Capacity, By Product (Aero-Derivative, Heavy Duty), By Technology, By Application (Power Plants, Oil & Gas, Process Plants, Aviation, Marine), Country Outlook & Forecast, 2024 – 2032

  • Report ID: GMI8708
  • Published Date: Mar 2024
  • Report Format: PDF

Middle East & Africa Gas Turbine Market Size

Middle East & Africa Gas Turbine Market was valued at USD 3.50 billion in 2023 and is estimated to grow at a CAGR of over 6% from 2024 to 2032. The escalating global demand for electricity, spurred by population expansion, urban development and industrial growth will drive the demand for effective power generation solutions.
 

Middle East & Africa Gas Turbine Market

A gas turbine, commonly called combustion turbine, is a form of internal combustion engine extensively utilized for power generation, propulsion, and mechanical drive purposes. It functions by transforming energy from fuel into mechanical energy via the combustion process. The rising awareness of environmental issues coupled with growing consumer interest in shifting toward cleaner energy sources will favor the business scenario.
 

Middle East & Africa Gas Turbine Market Trends

Increasing environmental concerns and stringent government regulations aimed at reducing greenhouse emissions have compelled industries to implement strong energy conservation measures, thus enhancing the sector's prospects. The large scale integration of renewable energy sources coupled with increasing inclination toward improving energy efficiency will augment the business landscape.
 

Middle East & Africa Gas Turbine Market Analysis

Middle East & Africa Gas Turbine Market Size, By Capacity, 2022 - 2032 (USD Billion)

 The > 30 MW to 70 MW capacity gas turbine market is set to reach USD 500 million by 2032. The adoption of digital technologies and Internet of Things (IoT) in gas turbine operations will in turn create significant opportunities for business expansion. The technology offers key advantages including predictive maintenance, remote monitoring and reduced downtime, accelerating the industry potential.
 

Middle East & Africa Gas Turbine Market Revenue Share, By Product, 2023

The heavy duty gas turbine gas turbine market size will witness growth rate of over 5.5% through 2032. The extreme climate conditions including high temperatures and humidity, pose challenges for conventional power generation equipment, stimulating the industry growth. Surging focus toward integrating renewable energy sources comprising of wind and solar into power grids will energize the business dynamics. Additionally, the ongoing expansion of power generation applications to offshore platforms along with growing utilization of these units in aircraft will fuel the product deployment.
 

Middle East & Africa Gas Turbine Market Size, 2022 - 2032 (USD Million)

The Saudi Arabia gas turbine market revenue to cross USD 600 million by 2032. The increasing infrastructural investments along with flourishing manufacturing sector will drive the business growth. Paradigm shift toward cleaner sources of energy to reduce its carbon footprint and reliance on oil will further drive the product penetration. These turbines offer relatively lower emissions compared to some other fossil fuel-based power generation technologies, making them a preferred option across wide tandem of areas.
 

Middle East & Africa Gas Turbine Market Share

Middle East & Africa Gas Turbine Market Size, 2022 - 2032 (USD Million)

General Electric is one of the renowned multinational conglomerates with a significant presence in various industries, including aviation, healthcare, power, and renewable energy. The company offers a diverse range of gas turbines catering to different applications and power needs. These turbines vary in size, power output, efficiency, and adaptability to different fuel types. Its product line includes aeroderivative and heavy-duty turbines.
 

Middle East & Africa Gas Turbine Market Companies

Eminent players operating in the Middle East & Africa gas turbine industry include:

  • Ansaldo Energia
  • Baker Hughes Company
  • Bechtel Corporation
  • Bharat Heavy Electricals Limited (BHEL)
  • Capstone Green Energy Corporation
  • Consolidated Turbine Services
  • Doosan
  • Flex Energy Solutions
  • Flour Corporation
  • General Electric
  • John Wood Group PLC.
  • Kawasaki Heavy Industries, Ltd.
  • MAN Energy Solutions
  • Mitsubishi Heavy Industries Ltd.
  • Rolls Royce PLC
  • Siemens
  • Solar Turbines Incorporated
  • Sulzer AG
  • Wartsila
  • WEG
     

Middle East & Africa Gas Turbine Industry News

  • In April 2023, General Electric announced that they have signed a contract with the Czech company UCED Group to supply an LM6000 PC Sprint aeroderivative gas turbine for the Prost?jov reserve power plant. This contract will help stabilise the grid and encourage the growth of renewable energy sources. The initiative supports the government of the Czech Republic's plans to diversify energy sources, boost gas and renewable energy, and cut greenhouse gas emissions by 30% by 2030. This expansion will help reduce emissions while maintaining grid stability in an area with a significant industrial presence by adding about 50 MW to the national power transmission system.
     
  • In January 2022, Siemens secured a contract with Korea East-West Power, a division of Korea Electric Power, to supply the HL-class technology for the Eumseong unit of a single combined cycle power plant. The contract states that the supplier will provide the SST-5000 steam turbine, the SGen-3000W genset, the SPPA-T3000 control system, and the SGT6-9000HL gas turbine. In addition, the business will offer digital services such as diagnostics, compressor condition performance monitoring, and continuous performance optimization.
     

This Middle East & Africa gas turbine market research report includes in-depth coverage of the industry with estimates & forecast in terms of “MW” & “USD Million” from 2019 to 2032, for the following segments:

Click here to Buy Section of this Report


Market, By Capacity

  • ≤ 50 kW
  • > 50 kW to 500 kW
  • > 500 kW to 1 MW
  • > 1 MW to 30 MW
  • > 30 MW to 70 MW
  • > 70 MW to 200 MW
  • > 200 MW

Market, By Product

  • Aero-Derivative
  • Heavy Duty

Market, By Technology

  • Open Cycle
  • Combined Cycle

Market, By Application

  • Power Plants
  • Oil & Gas
  • Process Plants
  • Aviation
  • Marine
  • Others

The above information has been provided for the following countries:

  • Saudi Arabia
  • UAE
  • Qatar
  • Kuwait
  • Oman
  • Egypt
  • Turkey
  • Bahrain
  • Iraq
  • Jordan
  • Lebanon
  • South Africa
  • Nigeria
  • Algeria
  • Kenya
  • Ghana

 

Authors: Ankit Gupta, Shubham Chaudhary

Frequently Asked Questions (FAQ) :

The market size of Middle East & Africa gas turbine was reached USD 3.50 billion in 2023 and is estimated to grow at a rate of 6% through 2032, driven by the escalating global demand for electricity, spurred by population expansion.

Middle East & Africa heavy-duty gas turbine industry size will witness growth rate of over 5.5% through 2032, attributed to the extreme climate conditions including high temperatures and humidity.

Saudi Arabia gas turbine market is anticipated to reach over USD 600 million by 2032, due to the increasing infrastructural investments along with flourishing manufacturing sector.

Ansaldo Energia, Baker Hughes Company, Bechtel Corporation, Bharat Heavy Electricals Limited (BHEL), Capstone Green Energy Corporation, Consolidated Turbine Services, Doosan, Flex Energy Solutions, Flour Corporation, General Electric, John Wood Group PLC., Kawasaki Heavy Industries, Ltd. and MAN Energy Solutions.

Middle East & Africa Gas Turbine Market Scope

Buy Now


Premium Report Details

  • Base Year: 2023
  • Companies covered: 20
  • Tables & Figures: 540
  • Countries covered: 16
  • Pages: 250
 Download Free Sample