Global Process Plants Gas Turbine Market Report 2025

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Published : December 2025

Pages : 200

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Process Plants Gas Turbine Global Market Report 2025

Name: Process Plants Gas Turbine Global Market Report 2025
Brand: The Business Research Company
Price: 4490.00 USD
Availability: InStock

By Type (Aero-Derivative Gas Turbines, Heavy-Duty Gas Turbines), By Fuel Type (Natural Gas, Distillate Liquid, Dual Fuel), By Technology (Open Cycle, Combined Cycle), By Capacity (Less Than 50 Kilowatts (KW), 50 Kilowatts (KW) To 500 Kilowatts (KW), 500 Kilowatts (KW) To 1 Megawatts (MW), 1 Megawatts (MW) To 30 Megawatts (MW), Above 30 Megawatts (MW)), By Application (Oil And Gas, Chemicals And Petrochemicals, Power Generation, Water And Wastewater Treatment, Metals And Mining, Pulp And Paper) - Market Size, Trends, And Global Forecast 2025-2034

Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report’s Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.

Process Plants Gas Turbine Market Overview

• Process Plants Gas Turbine market size has reached to $2.22 billion in 2024

• Expected to grow to $3.07 billion in 2029 at a compound annual growth rate (CAGR) of 6.8%

• Growth Driver: Growing Infrastructure Development Driving The Market Growth Due To Urbanization and Industrial Expansion

• Market Trend: Digital Integration and Domestic Gas Turbine Innovation Driving Efficiency and Reliability in Process Plants

• Asia-Pacific was the largest region and fastest growing region.

What Is Covered Under Process Plants Gas Turbine Market?

The main types of process plants' gas turbines are aero-derivative gas turbines and heavy-duty gas turbines. Aero-derivative gas turbines are lightweight, high-speed turbines derived from aircraft engines, offering flexible and fast-start power solutions for applications such as leisure centers. The gas turbines use various fuel types, including natural gas, distillate liquid, and dual fuel, and operate with different technologies, such as open cycle and combined cycle. They are available in multiple capacities, including less than 50 kilowatts (kW), 50 kilowatts (kW) to 500 kilowatts (kW), 500 kilowatts (kW) to 1 megawatt (MW), 1 megawatt (MW) to 30 megawatts (MW), and above 30 megawatts (MW), and are applied across sectors such as oil and gas, chemicals and petrochemicals, power generation, water and wastewater treatment, metals and mining, and pulp and paper.

Process Plants Gas Turbine Market Size and growth rate 2025 to 2029: Graph

What Is The Process Plants Gas Turbine Market Size 2025 And Growth Rate?

What Is The Process Plants Gas Turbine Market Growth Forecast?

The process plants gas turbine market size is expected to see strong growth in the next few years. It will grow to $3.07 billion in 2029 at a compound annual growth rate (CAGR) of 6.8%. The growth in the forecast period can be attributed to a shift toward renewable and low-emission energy integration, rising focus on hydrogen and biofuel-compatible turbines, advancements in high-efficiency and smart turbines, increasing investment in industrial cogeneration, and growing demand for decentralized and distributed power generation. Major trends in the forecast period include digital twin technology adoption, advanced materials for higher efficiency, integration of AI-based predictive maintenance, hybrid and low-emission turbine designs, and enhanced combined-cycle performance optimization.

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What’s The Trade War Impact On Pharmaceuticals Industry?

The sudden escalation of U.S. tariffs and the consequent trade frictions in spring 2025 are severely impacting the pharmaceutical companies contend with tariffs on APIs, glass vials, and lab equipment inputs with few alternative sources. Generic drug makers, operating on razor-thin margins, are especially vulnerable, with some reducing production of low-profit medicines. Biotech firms face delays in clinical trials due to tariff-related shortages of specialized reagents. In response, the industry is expanding API production in India and Europe, increasing inventory stockpiles, and pushing for trade exemptions for essential medicines.

How Is The Process Plants Gas Turbine Market Segmented?

1) By Type: Aero-Derivative Gas Turbines, Heavy-Duty Gas Turbines

2) By Fuel Type: Natural Gas, Distillate Liquid, Dual Fuel

3) By Technology: Open Cycle, Combined Cycle

4) By Capacity: Less Than 50 Kilowatts (KW), 50 Kilowatts (KW) To 500 Kilowatts (KW), 500 Kilowatts (KW) To 1 Megawatts (MW), 1 Megawatts (MW) To 30 Megawatts (MW), Above 30 Megawatts (MW)

5) By Application: Oil And Gas, Chemicals And Petrochemicals, Power Generation, Water And Wastewater Treatment, Metals And Mining, Pulp And Paper

Subsegments:

1) By Aero-Derivative Gas Turbines: Single-Shaft Gas Turbines, Two-Shaft Gas Turbines, Marine Gas Turbines, Industrial Gas Turbines

2) By Heavy-Duty Gas Turbines: Frame Gas Turbines, Industrial Gas Turbines, Combined Cycle Gas Turbines, Simple Cycle Gas Turbines

What Is Driving The Process Plants Gas Turbine Market? Growing Infrastructure Development Driving The Market Growth Due To Urbanization and Industrial Expansion

The growing infrastructure development is expected to propel the growth of the process plants gas turbine market going forward. Infrastructure development refers to the construction and enhancement of essential physical facilities and systems that support industrial operations and economic activities. The rising infrastructure development is due to federal policy initiatives and favorable financing conditions, as lower interest rates reduce project financing costs and encourage both public and private sector investments in construction projects. The expansion of infrastructure projects increases demand for gas turbines as these systems are essential for providing reliable power generation and mechanical drive applications in newly constructed process plants and industrial facilities. For instance, in June 2025, according to the U.S. Energy Information Administration (EIA), a US-based federal agency, developers aim to add 18.7 gigawatts (GW) of combined-cycle capacity to the grid by 2028, with 4.3 GW currently under construction. Therefore, the growing infrastructure development is driving the growth of the process plants gas turbine industry.

Who Are The Major Players In The Global Process Plants Gas Turbine Market?

Major companies operating in the process plants gas turbine market are Siemens Energy AG, GE Vernova, Inc., MITSUBISHI ELECTRIC CORPORATION, Caterpillar Inc. (Turbomach S.A.), Baker Hughes Company, Rolls-Royce Holdings plc, MAN Energy Solutions, IHI Corporation, Kawasaki Heavy Industries Ltd., Wärtsilä Oyj Abp, Doosan Group, Harbin Electric Company Limited, Shanghai Electric Group Company Limited, Nanjing Turbine & Electric Machinery, Bharat Heavy Electricals Limited, Centrax Gas Turbines Ltd., Capstone Green Energy Holdings, Inc., OPRA Turbines B.V., Vericor Power Systems LLC, Enerflex Ltd., EthosEnergy Group, Cryostar SAS, Destinus Energy, Liburdi Turbine Services Inc., Flex Energy Solutions, Hanwha Power Systems Co., Ltd.

What Are The Key Trends Of The Global Process Plants Gas Turbine Market? Digital Integration and Domestic Gas Turbine Innovation Driving Efficiency and Reliability in Process Plants

Major companies operating in the process plants gas turbine market are focusing on developing advanced products, such as domestic gas turbines with digital integration, to improve efficiency, reduce emissions, and boost reliability. Domestic gas turbines with digital integration refers to locally manufactured gas turbines equipped with digital monitoring and control systems for improved efficiency, reliability, and maintenance. For instance, in October 2024, Technopromexport, a subsidiary of Rostec, a Russia-based power infrastructure firm, launched the third generating unit at the Udarnaya thermal power plant in Krasnodar Krai, equipped with the GTD-110M turbine. This unit achieved a maximum power output of 115 MW and underwent rigorous testing, including 72 hours of continuous operation at full load, ensuring reliability and integration into Russia’s Unified Energy System. The domestic gas turbine's design emphasizes fuel efficiency, compact size, and lower weight compared to foreign counterparts, while incorporating innovative digital technologies such as additive manufacturing for critical components such as swirlers in the low-emission combustion chamber.

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What Are Latest Mergers And Acquisitions In The Process Plants Gas Turbine Market? GE Vernova Acquires Woodward Inc. To Boost Gas Turbine Manufacturing And Global Energy Solutions

In March 2025, GE Vernova Inc., a US-based electric services company, acquired Woodward Inc. for an undisclosed amount. With this acquisition, GE Vernova Inc. aims to strengthen its domestic gas turbine manufacturing capabilities, expand its supply chain, and meet growing global demand for energy solutions. Woodward Inc. is a US-based company that provides comprehensive control solutions for gas turbines in process plants, including power generation, oil, and gas applications.

What Is The Regional Outlook For The Global Process Plants Gas Turbine Market?

Asia-Pacific was the largest region in the process plants gas turbine market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the the process plants gas turbine market market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the process plants gas turbine market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

What Defines the Process Plants Gas Turbine Market?

The process plants gas turbine market consists of revenues earned by entities by providing services such as installation, training, fuel management, remote monitoring, emission control, and efficiency auditing. The market value includes the value of related goods sold by the service provider or included within the service offering. The process plants gas turbine market consists of sales of auxiliary equipment, control systems, filters, compressors, combustion chambers, cooling systems, and exhaust systems. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

How is Market Value Defined and Measured?

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

What is the Market Assessment and Strategic Outlook for the Process Plants Gas Turbine Industry?

The process plants gas turbine market research report is one of a series of new reports from The Business Research Company that provides process plants gas turbine market statistics, including process plants gas turbine industry global market size, regional shares, competitors with a process plants gas turbine market share, detailed process plants gas turbine market segments, market trends and opportunities, and any further data you may need to thrive in the process plants gas turbine industry. This process plants gas turbine market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Author : Girish Kavali

Process Plants Gas Turbine Market Report Forecast Analysis

Report Attribute	Details
Market Size Value In 2025	$2.36 billion
Revenue Forecast In 2034	$3.07 billion
Growth Rate	CAGR of 6.5% from 2025 to 2034
Base Year For Estimation	2024
Actual Estimates/Historical Data	2019-2024
Forecast Period	2025 - 2029 - 2034
Market Representation	Revenue in USD Billion and CAGR from 2025 to 2034
Segments Covered	Type, Fuel Type, Technology, Capacity, Application
Regional Scope	Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Country Scope	The countries covered in the report are Australia, Brazil, China, France, Germany, India, ...
Key Companies Profiled	Siemens Energy AG, GE Vernova, Inc., MITSUBISHI ELECTRIC CORPORATION, Caterpillar Inc. (Turbomach S.A.), Baker Hughes Company, Rolls-Royce Holdings plc, MAN Energy Solutions, IHI Corporation, Kawasaki Heavy Industries Ltd., Wärtsilä Oyj Abp, Doosan Group, Harbin Electric Company Limited, Shanghai Electric Group Company Limited, Nanjing Turbine & Electric Machinery, Bharat Heavy Electricals Limited, Centrax Gas Turbines Ltd., Capstone Green Energy Holdings, Inc., OPRA Turbines B.V., Vericor Power Systems LLC, Enerflex Ltd., EthosEnergy Group, Cryostar SAS, Destinus Energy, Liburdi Turbine Services Inc., Flex Energy Solutions, Hanwha Power Systems Co., Ltd.
Customization Scope	Request for Sample
Pricing And Purchase Options	Explore Purchase Options

1. Executive Summary

2. Process Plants Gas Turbine Market Characteristics

3. Process Plants Gas Turbine Market Trends And Strategies

4. Process Plants Gas Turbine Market - Macro Economic Scenario Including The Impact Of Interest Rates, Inflation, Geopolitics, Trade Wars and Tariffs, And Covid And Recovery On The Market

4.1. Supply Chain Impact from Tariff War & Trade Protectionism

5. Global Process Plants Gas Turbine Growth Analysis And Strategic Analysis Framework

5.1. Global Process Plants Gas Turbine PESTEL Analysis (Political, Social, Technological, Environmental and Legal Factors, Drivers and Restraints)

5.2. Analysis Of End Use Industries

5.3. Global Process Plants Gas Turbine Market Growth Rate Analysis

5.4. Global Process Plants Gas Turbine Historic Market Size and Growth, 2019 - 2024, Value ($ Billion)

5.5. Global Process Plants Gas Turbine Forecast Market Size and Growth, 2024 - 2029, 2034F, Value ($ Billion)

5.6. Global Process Plants Gas Turbine Total Addressable Market (TAM)

6. Process Plants Gas Turbine Market Segmentation

6.1. Global Process Plants Gas Turbine Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Aero-Derivative Gas Turbines

Heavy-Duty Gas Turbines

6.2. Global Process Plants Gas Turbine Market, Segmentation By Fuel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Natural Gas

Distillate Liquid

Dual Fuel

6.3. Global Process Plants Gas Turbine Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Open Cycle

Combined Cycle

6.4. Global Process Plants Gas Turbine Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Less Than 50 Kilowatts (KW)

50 Kilowatts (KW) To 500 Kilowatts (KW)

500 Kilowatts (KW) To 1 Megawatts (MW)

1 Megawatts (MW) To 30 Megawatts (MW)

Above 30 Megawatts (MW)

6.5. Global Process Plants Gas Turbine Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Oil And Gas

Chemicals And Petrochemicals

Power Generation

Water And Wastewater Treatment

Metals And Mining

Pulp And Paper

6.6. Global Process Plants Gas Turbine Market, Sub-Segmentation Of Aero-Derivative Gas Turbines, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Single-Shaft Gas Turbines

Two-Shaft Gas Turbines

Marine Gas Turbines

Industrial Gas Turbines

6.7. Global Process Plants Gas Turbine Market, Sub-Segmentation Of Heavy-Duty Gas Turbines, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Frame Gas Turbines

Industrial Gas Turbines

Combined Cycle Gas Turbines

Simple Cycle Gas Turbines

7. Process Plants Gas Turbine Market Regional And Country Analysis

7.1. Global Process Plants Gas Turbine Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

7.2. Global Process Plants Gas Turbine Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

8. Asia-Pacific Process Plants Gas Turbine Market

8.1. Asia-Pacific Process Plants Gas Turbine Market Overview

Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

8.2. Asia-Pacific Process Plants Gas Turbine Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

8.3. Asia-Pacific Process Plants Gas Turbine Market, Segmentation By Fuel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

8.4. Asia-Pacific Process Plants Gas Turbine Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

9. China Process Plants Gas Turbine Market

9.1. China Process Plants Gas Turbine Market Overview

9.2. China Process Plants Gas Turbine Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion

9.3. China Process Plants Gas Turbine Market, Segmentation By Fuel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion

9.4. China Process Plants Gas Turbine Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion

10. India Process Plants Gas Turbine Market

10.1. India Process Plants Gas Turbine Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

10.2. India Process Plants Gas Turbine Market, Segmentation By Fuel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

10.3. India Process Plants Gas Turbine Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

11. Japan Process Plants Gas Turbine Market

11.1. Japan Process Plants Gas Turbine Market Overview

11.2. Japan Process Plants Gas Turbine Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

11.3. Japan Process Plants Gas Turbine Market, Segmentation By Fuel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

11.4. Japan Process Plants Gas Turbine Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

12. Australia Process Plants Gas Turbine Market

12.1. Australia Process Plants Gas Turbine Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

12.2. Australia Process Plants Gas Turbine Market, Segmentation By Fuel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

12.3. Australia Process Plants Gas Turbine Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

13. Indonesia Process Plants Gas Turbine Market

13.1. Indonesia Process Plants Gas Turbine Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

13.2. Indonesia Process Plants Gas Turbine Market, Segmentation By Fuel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

13.3. Indonesia Process Plants Gas Turbine Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

14. South Korea Process Plants Gas Turbine Market

14.1. South Korea Process Plants Gas Turbine Market Overview

14.2. South Korea Process Plants Gas Turbine Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

14.3. South Korea Process Plants Gas Turbine Market, Segmentation By Fuel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

14.4. South Korea Process Plants Gas Turbine Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

15. Western Europe Process Plants Gas Turbine Market

15.1. Western Europe Process Plants Gas Turbine Market Overview

15.2. Western Europe Process Plants Gas Turbine Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

15.3. Western Europe Process Plants Gas Turbine Market, Segmentation By Fuel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

15.4. Western Europe Process Plants Gas Turbine Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

16. UK Process Plants Gas Turbine Market

16.1. UK Process Plants Gas Turbine Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

16.2. UK Process Plants Gas Turbine Market, Segmentation By Fuel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

16.3. UK Process Plants Gas Turbine Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

17. Germany Process Plants Gas Turbine Market

17.1. Germany Process Plants Gas Turbine Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

17.2. Germany Process Plants Gas Turbine Market, Segmentation By Fuel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

17.3. Germany Process Plants Gas Turbine Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

18. France Process Plants Gas Turbine Market

18.1. France Process Plants Gas Turbine Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

18.2. France Process Plants Gas Turbine Market, Segmentation By Fuel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

18.3. France Process Plants Gas Turbine Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

19. Italy Process Plants Gas Turbine Market

19.1. Italy Process Plants Gas Turbine Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

19.2. Italy Process Plants Gas Turbine Market, Segmentation By Fuel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

19.3. Italy Process Plants Gas Turbine Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

20. Spain Process Plants Gas Turbine Market

20.1. Spain Process Plants Gas Turbine Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

20.2. Spain Process Plants Gas Turbine Market, Segmentation By Fuel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

20.3. Spain Process Plants Gas Turbine Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

21. Eastern Europe Process Plants Gas Turbine Market

21.1. Eastern Europe Process Plants Gas Turbine Market Overview

21.2. Eastern Europe Process Plants Gas Turbine Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

21.3. Eastern Europe Process Plants Gas Turbine Market, Segmentation By Fuel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

21.4. Eastern Europe Process Plants Gas Turbine Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

22. Russia Process Plants Gas Turbine Market

22.1. Russia Process Plants Gas Turbine Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

22.2. Russia Process Plants Gas Turbine Market, Segmentation By Fuel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

22.3. Russia Process Plants Gas Turbine Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

23. North America Process Plants Gas Turbine Market

23.1. North America Process Plants Gas Turbine Market Overview

23.2. North America Process Plants Gas Turbine Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

23.3. North America Process Plants Gas Turbine Market, Segmentation By Fuel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

23.4. North America Process Plants Gas Turbine Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

24. USA Process Plants Gas Turbine Market

24.1. USA Process Plants Gas Turbine Market Overview

24.2. USA Process Plants Gas Turbine Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

24.3. USA Process Plants Gas Turbine Market, Segmentation By Fuel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

24.4. USA Process Plants Gas Turbine Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

25. Canada Process Plants Gas Turbine Market

25.1. Canada Process Plants Gas Turbine Market Overview

25.2. Canada Process Plants Gas Turbine Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

25.3. Canada Process Plants Gas Turbine Market, Segmentation By Fuel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

25.4. Canada Process Plants Gas Turbine Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

26. South America Process Plants Gas Turbine Market

26.1. South America Process Plants Gas Turbine Market Overview

26.2. South America Process Plants Gas Turbine Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

26.3. South America Process Plants Gas Turbine Market, Segmentation By Fuel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

26.4. South America Process Plants Gas Turbine Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

27. Brazil Process Plants Gas Turbine Market

27.1. Brazil Process Plants Gas Turbine Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

27.2. Brazil Process Plants Gas Turbine Market, Segmentation By Fuel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

27.3. Brazil Process Plants Gas Turbine Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

28. Middle East Process Plants Gas Turbine Market

28.1. Middle East Process Plants Gas Turbine Market Overview

28.2. Middle East Process Plants Gas Turbine Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

28.3. Middle East Process Plants Gas Turbine Market, Segmentation By Fuel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

28.4. Middle East Process Plants Gas Turbine Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

29. Africa Process Plants Gas Turbine Market

29.1. Africa Process Plants Gas Turbine Market Overview

29.2. Africa Process Plants Gas Turbine Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

29.3. Africa Process Plants Gas Turbine Market, Segmentation By Fuel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

29.4. Africa Process Plants Gas Turbine Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

30. Process Plants Gas Turbine Market Competitive Landscape And Company Profiles

30.1. Process Plants Gas Turbine Market Competitive Landscape

30.2. Process Plants Gas Turbine Market Company Profiles

30.2.1. Siemens Energy AG Overview, Products and Services, Strategy and Financial Analysis

30.2.2. GE Vernova Inc. Overview, Products and Services, Strategy and Financial Analysis

30.2.3. MITSUBISHI ELECTRIC CORPORATION Overview, Products and Services, Strategy and Financial Analysis

30.2.4. Caterpillar Inc. (Turbomach S.A.) Overview, Products and Services, Strategy and Financial Analysis

30.2.5. Baker Hughes Company Overview, Products and Services, Strategy and Financial Analysis

31. Process Plants Gas Turbine Market Other Major And Innovative Companies

31.1. Rolls-Royce Holdings plc

31.2. MAN Energy Solutions

31.3. IHI Corporation

31.4. Kawasaki Heavy Industries Ltd.

31.5. Wärtsilä Oyj Abp

31.6. Doosan Group

31.7. Harbin Electric Company Limited

31.8. Shanghai Electric Group Company Limited

31.9. Nanjing Turbine & Electric Machinery

31.10. Bharat Heavy Electricals Limited

31.11. Centrax Gas Turbines Ltd.

31.12. Capstone Green Energy Holdings Inc.

31.13. OPRA Turbines B.V.

31.14. Vericor Power Systems LLC

31.15. Enerflex Ltd.

32. Global Process Plants Gas Turbine Market Competitive Benchmarking And Dashboard

33. Key Mergers And Acquisitions In The Process Plants Gas Turbine Market

34. Recent Developments In The Process Plants Gas Turbine Market

35. Process Plants Gas Turbine Market High Potential Countries, Segments and Strategies

35.1 Process Plants Gas Turbine Market In 2029 - Countries Offering Most New Opportunities

35.2 Process Plants Gas Turbine Market In 2029 - Segments Offering Most New Opportunities

35.3 Process Plants Gas Turbine Market In 2029 - Growth Strategies

35.3.1 Market Trend Based Strategies

35.3.2 Competitor Strategies

36. Appendix

36.1. Abbreviations

36.2. Currencies

36.3. Historic And Forecast Inflation Rates

36.4. Research Inquiries

36.5. The Business Research Company

36.6. Copyright And Disclaimer

List Of Tables

Table 1: Global Historic Market Growth, 2019-2024, $ Billion

Table 2: Global Forecast Market Growth, 2024-2029F, 2034F, $ Billion

Table 3: Global Process Plants Gas Turbine Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 4: Global Process Plants Gas Turbine Market, Segmentation By Fuel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 5: Global Process Plants Gas Turbine Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 6: Global Process Plants Gas Turbine Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 7: Global Process Plants Gas Turbine Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 8: Global Process Plants Gas Turbine Market, Sub-Segmentation Of Aero-Derivative Gas Turbines, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 9: Global Process Plants Gas Turbine Market, Sub-Segmentation Of Heavy-Duty Gas Turbines, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 10: Global Process Plants Gas Turbine Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 11: Global Process Plants Gas Turbine Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 12: Asia-Pacific, Process Plants Gas Turbine Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 13: Asia-Pacific, Process Plants Gas Turbine Market, Segmentation By Fuel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 14: Asia-Pacific, Process Plants Gas Turbine Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 15: China, Process Plants Gas Turbine Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 16: China, Process Plants Gas Turbine Market, Segmentation By Fuel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 17: China, Process Plants Gas Turbine Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 18: India, Process Plants Gas Turbine Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 19: India, Process Plants Gas Turbine Market, Segmentation By Fuel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 20: India, Process Plants Gas Turbine Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 21: Japan, Process Plants Gas Turbine Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 22: Japan, Process Plants Gas Turbine Market, Segmentation By Fuel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 23: Japan, Process Plants Gas Turbine Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 24: Australia, Process Plants Gas Turbine Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 25: Australia, Process Plants Gas Turbine Market, Segmentation By Fuel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 26: Australia, Process Plants Gas Turbine Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 27: Indonesia, Process Plants Gas Turbine Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 28: Indonesia, Process Plants Gas Turbine Market, Segmentation By Fuel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 29: Indonesia, Process Plants Gas Turbine Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 30: South Korea, Process Plants Gas Turbine Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 31: South Korea, Process Plants Gas Turbine Market, Segmentation By Fuel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 32: South Korea, Process Plants Gas Turbine Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 33: Western Europe, Process Plants Gas Turbine Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 34: Western Europe, Process Plants Gas Turbine Market, Segmentation By Fuel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 35: Western Europe, Process Plants Gas Turbine Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 36: UK, Process Plants Gas Turbine Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 37: UK, Process Plants Gas Turbine Market, Segmentation By Fuel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 38: UK, Process Plants Gas Turbine Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 39: Germany, Process Plants Gas Turbine Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 40: Germany, Process Plants Gas Turbine Market, Segmentation By Fuel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 41: Germany, Process Plants Gas Turbine Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 42: France, Process Plants Gas Turbine Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 43: France, Process Plants Gas Turbine Market, Segmentation By Fuel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 44: France, Process Plants Gas Turbine Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 45: Italy, Process Plants Gas Turbine Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 46: Italy, Process Plants Gas Turbine Market, Segmentation By Fuel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 47: Italy, Process Plants Gas Turbine Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 48: Spain, Process Plants Gas Turbine Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 49: Spain, Process Plants Gas Turbine Market, Segmentation By Fuel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 50: Spain, Process Plants Gas Turbine Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 51: Eastern Europe, Process Plants Gas Turbine Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 52: Eastern Europe, Process Plants Gas Turbine Market, Segmentation By Fuel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 53: Eastern Europe, Process Plants Gas Turbine Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 54: Russia, Process Plants Gas Turbine Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 55: Russia, Process Plants Gas Turbine Market, Segmentation By Fuel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 56: Russia, Process Plants Gas Turbine Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 57: North America, Process Plants Gas Turbine Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 58: North America, Process Plants Gas Turbine Market, Segmentation By Fuel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 59: North America, Process Plants Gas Turbine Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 60: USA, Process Plants Gas Turbine Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 61: USA, Process Plants Gas Turbine Market, Segmentation By Fuel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 62: USA, Process Plants Gas Turbine Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 63: Canada, Process Plants Gas Turbine Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 64: Canada, Process Plants Gas Turbine Market, Segmentation By Fuel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 65: Canada, Process Plants Gas Turbine Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 66: South America, Process Plants Gas Turbine Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 67: South America, Process Plants Gas Turbine Market, Segmentation By Fuel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 68: South America, Process Plants Gas Turbine Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 69: Brazil, Process Plants Gas Turbine Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 70: Brazil, Process Plants Gas Turbine Market, Segmentation By Fuel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 71: Brazil, Process Plants Gas Turbine Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 72: Middle East, Process Plants Gas Turbine Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 73: Middle East, Process Plants Gas Turbine Market, Segmentation By Fuel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 74: Middle East, Process Plants Gas Turbine Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 75: Africa, Process Plants Gas Turbine Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 76: Africa, Process Plants Gas Turbine Market, Segmentation By Fuel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 77: Africa, Process Plants Gas Turbine Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 78: Siemens Energy AG Financial Performance

Table 79: GE Vernova Inc. Financial Performance

Table 80: MITSUBISHI ELECTRIC CORPORATION Financial Performance

Table 81: Caterpillar Inc. (Turbomach S.A.) Financial Performance

Table 82: Baker Hughes Company Financial Performance

List Of Figures

Figure 1: Global Historic Market Growth, 2019-2024, $ Billion

Figure 2: Global Forecast Market Growth, 2024-2029F, 2034F, $ Billion

Figure 3: Global Process Plants Gas Turbine Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 4: Global Process Plants Gas Turbine Market, Segmentation By Fuel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 5: Global Process Plants Gas Turbine Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 6: Global Process Plants Gas Turbine Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 7: Global Process Plants Gas Turbine Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 8: Global Process Plants Gas Turbine Market, Sub-Segmentation Of Aero-Derivative Gas Turbines, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 9: Global Process Plants Gas Turbine Market, Sub-Segmentation Of Heavy-Duty Gas Turbines, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 10: Global Process Plants Gas Turbine Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 11: Global Process Plants Gas Turbine Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 12: Asia-Pacific, Process Plants Gas Turbine Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 13: Asia-Pacific, Process Plants Gas Turbine Market, Segmentation By Fuel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 14: Asia-Pacific, Process Plants Gas Turbine Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 15: China, Process Plants Gas Turbine Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 16: China, Process Plants Gas Turbine Market, Segmentation By Fuel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 17: China, Process Plants Gas Turbine Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 18: India, Process Plants Gas Turbine Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 19: India, Process Plants Gas Turbine Market, Segmentation By Fuel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 20: India, Process Plants Gas Turbine Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 21: Japan, Process Plants Gas Turbine Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 22: Japan, Process Plants Gas Turbine Market, Segmentation By Fuel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 23: Japan, Process Plants Gas Turbine Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 24: Australia, Process Plants Gas Turbine Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 25: Australia, Process Plants Gas Turbine Market, Segmentation By Fuel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 26: Australia, Process Plants Gas Turbine Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 27: Indonesia, Process Plants Gas Turbine Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 28: Indonesia, Process Plants Gas Turbine Market, Segmentation By Fuel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 29: Indonesia, Process Plants Gas Turbine Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 30: South Korea, Process Plants Gas Turbine Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 31: South Korea, Process Plants Gas Turbine Market, Segmentation By Fuel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 32: South Korea, Process Plants Gas Turbine Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 33: Western Europe, Process Plants Gas Turbine Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 34: Western Europe, Process Plants Gas Turbine Market, Segmentation By Fuel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 35: Western Europe, Process Plants Gas Turbine Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 36: UK, Process Plants Gas Turbine Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 37: UK, Process Plants Gas Turbine Market, Segmentation By Fuel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 38: UK, Process Plants Gas Turbine Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 39: Germany, Process Plants Gas Turbine Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 40: Germany, Process Plants Gas Turbine Market, Segmentation By Fuel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 41: Germany, Process Plants Gas Turbine Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 42: France, Process Plants Gas Turbine Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 43: France, Process Plants Gas Turbine Market, Segmentation By Fuel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 44: France, Process Plants Gas Turbine Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 45: Italy, Process Plants Gas Turbine Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 46: Italy, Process Plants Gas Turbine Market, Segmentation By Fuel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 47: Italy, Process Plants Gas Turbine Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 48: Spain, Process Plants Gas Turbine Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 49: Spain, Process Plants Gas Turbine Market, Segmentation By Fuel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 50: Spain, Process Plants Gas Turbine Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 51: Eastern Europe, Process Plants Gas Turbine Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 52: Eastern Europe, Process Plants Gas Turbine Market, Segmentation By Fuel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 53: Eastern Europe, Process Plants Gas Turbine Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 54: Russia, Process Plants Gas Turbine Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 55: Russia, Process Plants Gas Turbine Market, Segmentation By Fuel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 56: Russia, Process Plants Gas Turbine Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 57: North America, Process Plants Gas Turbine Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 58: North America, Process Plants Gas Turbine Market, Segmentation By Fuel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 59: North America, Process Plants Gas Turbine Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 60: USA, Process Plants Gas Turbine Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 61: USA, Process Plants Gas Turbine Market, Segmentation By Fuel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 62: USA, Process Plants Gas Turbine Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 63: Canada, Process Plants Gas Turbine Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 64: Canada, Process Plants Gas Turbine Market, Segmentation By Fuel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 65: Canada, Process Plants Gas Turbine Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 66: South America, Process Plants Gas Turbine Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 67: South America, Process Plants Gas Turbine Market, Segmentation By Fuel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 68: South America, Process Plants Gas Turbine Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 69: Brazil, Process Plants Gas Turbine Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 70: Brazil, Process Plants Gas Turbine Market, Segmentation By Fuel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 71: Brazil, Process Plants Gas Turbine Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 72: Middle East, Process Plants Gas Turbine Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 73: Middle East, Process Plants Gas Turbine Market, Segmentation By Fuel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 74: Middle East, Process Plants Gas Turbine Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 75: Africa, Process Plants Gas Turbine Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 76: Africa, Process Plants Gas Turbine Market, Segmentation By Fuel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 77: Africa, Process Plants Gas Turbine Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 78: Siemens Energy AG Financial Performance

Figure 79: GE Vernova Inc. Financial Performance

Figure 80: MITSUBISHI ELECTRIC CORPORATION Financial Performance

Figure 81: Caterpillar Inc. (Turbomach S.A.) Financial Performance

Figure 82: Baker Hughes Company Financial Performance

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Frequently Asked Questions

What is the definition of the Process Plants Gas Turbine market?

Process plants gas turbine refers to a combustion engine that converts fuel into mechanical energy to generate electricity and support industrial operations. It functions by compressing air, mixing it with fuel, and igniting the mixture to release high-energy gases that drive the turbine. These turbines play a vital role in delivering efficient and reliable power within process plant environments. The main types of process plants' gas turbines are aero-derivative gas turbines and heavy-duty gas turbines. Aero-derivative gas turbines are lightweight, high-speed turbines derived from aircraft engines, offering flexible and fast-start power solutions for applications such as leisure centers. The gas turbines use various fuel types, including natural gas, distillate liquid, and dual fuel, and operate with different technologies, such as open cycle and combined cycle. They are available in multiple capacities, including less than 50 kilowatts (kW), 50 kilowatts (kW) to 500 kilowatts (kW), 500 kilowatts (kW) to 1 megawatt (MW), 1 megawatt (MW) to 30 megawatts (MW), and above 30 megawatts (MW), and are applied across sectors such as oil and gas, chemicals and petrochemicals, power generation, water and wastewater treatment, metals and mining, and pulp and paper. For further insights on this market, request a sample here

How will the Process Plants Gas Turbine market drivers and restraints affect the market dynamics? What forces will shape the Process Plants Gas Turbine industry going forward?

The market major growth driver - Growing Infrastructure Development Driving The Market Growth Due To Urbanization and Industrial Expansion. For further insights on this market, request a sample here

What is the forecast market size or the forecast market value of the Process Plants Gas Turbine market?

The process plants gas turbine market size has grown strongly in recent years. It will grow from $2.22 billion in 2024 to $2.36 billion in 2025 at a compound annual growth rate (CAGR) of 6.5%. The growth in the historic period can be attributed to rising demand for electricity in emerging economies, expansion of industrial infrastructure, government incentives for energy efficiency, growth of oil and gas exploration and production, and increasing adoption of combined cycle power plants. The process plants gas turbine market size is expected to see strong growth in the next few years. It will grow to $3.07 billion in 2029 at a compound annual growth rate (CAGR) of 6.8%. The growth in the forecast period can be attributed to a shift toward renewable and low-emission energy integration, rising focus on hydrogen and biofuel-compatible turbines, advancements in high-efficiency and smart turbines, increasing investment in industrial cogeneration, and growing demand for decentralized and distributed power generation. Major trends in the forecast period include digital twin technology adoption, advanced materials for higher efficiency, integration of AI-based predictive maintenance, hybrid and low-emission turbine designs, and enhanced combined-cycle performance optimization. For further insights on this market, request a sample here

How is the Process Plants Gas Turbine market segmented?

The process plants gas turbinemarket covered in this report is segmented –
1) By Type: Aero-Derivative Gas Turbines, Heavy-Duty Gas Turbines
2) By Fuel Type: Natural Gas, Distillate Liquid, Dual Fuel
3) By Technology: Open Cycle, Combined Cycle
4) By Capacity: Less Than 50 Kilowatts (KW), 50 Kilowatts (KW) To 500 Kilowatts (KW), 500 Kilowatts (KW) To 1 Megawatts (MW), 1 Megawatts (MW) To 30 Megawatts (MW), Above 30 Megawatts (MW)
5) By Application: Oil And Gas, Chemicals And Petrochemicals, Power Generation, Water And Wastewater Treatment, Metals And Mining, Pulp And Paper Subsegments:
1) By Aero-Derivative Gas Turbines: Single-Shaft Gas Turbines, Two-Shaft Gas Turbines, Marine Gas Turbines, Industrial Gas Turbines
2) By Heavy-Duty Gas Turbines: Frame Gas Turbines, Industrial Gas Turbines, Combined Cycle Gas Turbines, Simple Cycle Gas Turbines For further insights on this market, request a sample here

Which region has the largest share of the Process Plants Gas Turbine market? What are the other regions covered in the report?

Who are the major players in the Process Plants Gas Turbine market?

What are the key trends in the Process Plants Gas Turbine market?

Major trends in this market include Digital Integration and Domestic Gas Turbine Innovation Driving Efficiency and Reliability in Process Plants. For further insights on this market, request a sample here.