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North America Aeroderivative Gas Turbine Market Size
- Report ID: GMI9202
- Published Date: Apr 2024
- Report Format: PDF
North America Aeroderivative Gas Turbine Market Size
North America Aeroderivative Gas Turbine Market was valued at USD 569.4 million in 2023 and is estimated to grow at a CAGR of over 6% between 2024 and 2032. The growing concerns toward environment, along with stringent governmental regulations targeting emissions reduction, have spurred industries to implement proactive measures for conserving energy.
An aeroderivative gas turbine is an engine designed to blend the efficiency and performance traits of jet engines with the flexibility and compactness needed for power generation and industrial uses. These turbines provide high power density, enabling them to generate considerable power within a relatively small footprint. Ongoing restructuring of significant power markets is being paralleled by rapid advancements in technology across areas comprising of combustion, aerodynamics, cooling and materials engineering, accelerating the industry potential.
| Report Attribute | Details |
|---|---|
| Base Year: | 2023 |
| North America Aeroderivative Gas Turbine Market Size in 2023: | USD 569.4 Million |
| Forecast Period: | 2024 to 2032 |
| Forecast Period 2024 to 2032 CAGR: | 6% |
| 2032 Value Projection: | USD 969 Million |
| Historical Data for: | 2019 to 2023 |
| No. of Pages: | 125 |
| Tables, Charts & Figures: | 220 |
| Segments covered: | Capacity, Technology, Application & Country |
| Growth Drivers: |
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| Pitfalls & Challenges: |
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Frequently Asked Questions (FAQ) :
North America Aeroderivative Gas Turbine Market Scope
