Gas Turbine Market (By Capacity: > 500 KW to 1 MW, > 1 MW to 30 MW, < 50 KW, 50 KW to 500 KW, > 30 MW to 70 MW, > 70 MW to 200 MW, > 200 MW; By Technology: Combined Cycle, Open Cycle; By Application: Process plants, Power Plants, Oil & Gas, Aviation, Marine; By Product: Heavy Duty, Aero-Derivative) - Global Market Size, Trends Analysis, Segment Forecasts, Regional Outlook 2020 - 2027
The global gas turbine market was estimated at US$ 5.89 billion in 2019 and expected to reach around US$ 12.03 billion by 2027, predicted to record compound annual growth rate (CAGR) of around 7.4% during period 2020 to 2027.
Growth Factors
Growing concerns for GHG emission in accordance with severe government re
