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Middle East & Africa Heavy Duty Gas Turbine Market Share

Report ID: GMI11318
Published Date: Sep 2024
Report Format: PDF

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Middle East & Africa Heavy Duty Gas Turbine Market Share

Middle East & Africa Heavy Duty Gas Turbine Company Market Share Analysis, 2023

MAN Energy Solutions is one of the global leaders in engineering solutions specializing in the development and production of gas turbines, among other energy technologies. The company is known for its advanced gas turbine systems, which are designed to deliver high efficiency, reliability, and low emissions for a variety of applications, including power generation, marine propulsion, and industrial processes. It focuses on innovation and sustainability, offering a range of gas turbines that support the transition to cleaner energy sources. Its turbines are engineered to operate on various fuels, including natural gas and hydrogen, making them adaptable to the evolving energy landscape.

Middle East & Africa Heavy Duty Gas Turbine Market Companies

The key industry players include:

Ansaldo Energia
Bharat Heavy Electricals Limited
Capstone Green Energy Corporation
Doosan
Flex Energy Solutions
General Electric
Harbin Electric Corporation Co., Ltd.
Kawasaki Heavy Industries, Ltd.
MAN Energy Solutions
Mitsubishi Heavy Industries Ltd.
Opra Turbines
Rolls Royce PLC
Siemens
Solar Turbines Incorporated
VERICOR
Wärtsilä

Authors: Ankit Gupta, Shubham Chaudhary

Frequently Asked Questions (FAQ) :

The market size of Middle East & Africa heavy duty gas turbine was worth USD 2.91 billion in 2023 and is expected to register 5.9% CAGR from 2024 to 2032, due to the increasing awareness of environmental concerns and growing consumer interest in transitioning to cleaner energy sources in the region.

Middle East & Africa heavy duty gas turbine industry from the > 70 MW to 200 MW segment is expected to reach over USD 950 million by 2032, due to their ability to efficiently convert natural gas or other fuels into electricity.

Saudi Arabia heavy duty gas turbine industry is expected to surpass USD 600 million by 2032, due to investments in modernizing its power generation capacity to meet the growing demand for electricity and reduce its reliance on oil in the country.

Flex Energy Solutions, Kawasaki Heavy Industries, Ltd., MAN Energy Solutions, Mitsubishi Heavy Industries Ltd., Opra Turbines, Rolls Royce PLC, Siemens, Solar Turbines Incorporated, VERICOR, and Wärtsilä, are some of the major heavy duty gas turbine companies in Middle East & Africa.