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5-20MW Gas Turbine Market, Global Outlook and Forecast 2023-2029

5-20MW Gas Turbine Market, Global Outlook and Forecast 2023-2029

  • Published on : 03 April 2023
  • Pages :77
  • Report Code:SMR-7628364

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Report overview

The global 5-20MW Gas Turbine market was valued at US$ 732.6 million in 2022 and is projected to reach US$ 875.8 million by 2029, at a CAGR of 2.6% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Gas Turbine is a kind of rotating power machine which uses continuously flowing Gas as working medium to convert thermal energy into mechanical work.In the main flow of air and gas, there are only three components of gas Turbine cycle, namely Compressor, Combustor and gas Turbine, which are called simple cycle.Most gas turbines use a simple cycle scheme.Because it has the simplest structure, it can best reflect the unique advantages of gas turbine, such as small volume, light weight, fast start, less or no cooling water and so on.
This report aims to provide a comprehensive presentation of the global market for 5-20MW Gas Turbine, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding 5-20MW Gas Turbine. This report contains market size and forecasts of 5-20MW Gas Turbine in global, including the following market information:

  • Global 5-20MW Gas Turbine Market Revenue, 2018-2023, 2024-2029, ($ millions)
  • Global 5-20MW Gas Turbine Market Sales, 2018-2023, 2024-2029, (MW)
  • Global top five 5-20MW Gas Turbine companies in 2022 (%)

Global 5-20MW Gas Turbine key players include Solar Turbines, Siemens, MAN Energy Solutions, UEC Saturn, Kawasaki Heavy Industries, etc. Global top five manufacturers hold a share over 90%.
North America is the largest market, with a share over 30%, followed by Europe, and China, both have a share over 30%.
In terms of product, 10-20MW Gas Turbine is the largest segment, with a share over 60%. And in terms of application, the largest application is Oil and Gas, followed by Land Power Generation.
We surveyed the 5-20MW Gas Turbine manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global 5-20MW Gas Turbine Market, by Power, 2018-2023, 2024-2029 ($ Millions) & (MW)
Global 5-20MW Gas Turbine Market Segment Percentages, by Power, 2022 (%)

  • 5-10MW Gas Turbine
  • 10-20MW Gas Turbine

Global 5-20MW Gas Turbine Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (MW)
Global 5-20MW Gas Turbine Market Segment Percentages, by Application, 2022 (%)

  • Land Power Generation
  • Oil and Gas

Global 5-20MW Gas Turbine Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (MW)
Global 5-20MW Gas Turbine Market Segment Percentages, By Region and Country, 2022 (%)

  • North America
  • US
  • Canada
  • Mexico
  • Europe
  • Germany
  • France
  • U.K.
  • Italy
  • Russia
  • Nordic Countries
  • Benelux
  • Rest of Europe
  • Asia
  • China
  • Japan
  • South Korea
  • Southeast Asia
  • India
  • Rest of Asia
  • South America
  • Brazil
  • Argentina
  • Rest of South America
  • Middle East & Africa
  • Turkey
  • Israel
  • Saudi Arabia
  • UAE
  • Rest of Middle East & Africa

Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies 5-20MW Gas Turbine revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies 5-20MW Gas Turbine revenues share in global market, 2022 (%)
Key companies 5-20MW Gas Turbine sales in global market, 2018-2023 (Estimated), (MW)
Key companies 5-20MW Gas Turbine sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:

  • Solar Turbines
  • Siemens
  • MAN Energy Solutions
  • UEC Saturn
  • Kawasaki Heavy Industries

Outline of Major Chapters:

  • Chapter 1: Introduces the definition of 5-20MW Gas Turbine, market overview.
  • Chapter 2: Global 5-20MW Gas Turbine market size in revenue and volume.
  • Chapter 3: Detailed analysis of 5-20MW Gas Turbine manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
  • Chapter 4: Provides the analysis of various market segments by power, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
  • Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
  • Chapter 6: Sales of 5-20MW Gas Turbine in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
  • Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
  • Chapter 8: Global 5-20MW Gas Turbine capacity by region & country.
  • Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
  • Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
  • Chapter 11: The main points and conclusions of the report.