Segmented Growth in Gas Turbine Technology Supported by Efficiency...

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2025-10-13 16:47:34 -

Segmented Growth in Gas Turbine Technology Supported by Efficiency Upgrades and Advanced Fuel Flexibility

The global gas turbine market, valued at USD 10.57 billion in 2024, is projected to grow from USD 10.95 billion in 2025 to USD 15.46 billion by 2034, exhibiting a compound annual growth rate (CAGR) of 3.9% during the forecast period. This growth is driven by increasing demand for efficient power generation solutions across various regions, with North America and Asia Pacific emerging as key...

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