This statistic denotes the global market size across several regions including APAC, North America, Europe, MEA, and South America. The gas turbine market for power industry is estimated to grow at a CAGR of 3.05% between 2022 and 2027. The size of the market is forecast to increase by USD 3,356.87 million.
The size of the global gas turbines market for power industry has been derived by triangulating data from multiple sources and approaches. While arriving at the market size, we have considered data points, such as the size of the parent market and the revenues of key market participants, such as Ansaldo Energia Spa, Bharat Heavy Electricals Ltd., Capstone Turbine Corp., Caterpillar Inc., General Electric Co., IHI Corp., Kawasaki Heavy Industries Ltd., Mitsubishi Heavy Industries Ltd., OPRA Turbines, and Siemens AG
