Process Plants Gas Turbine Market Size, Share, and Trends 2026 to 2035

Process Plants Gas Turbine Market (By Product Type: Heavy-Duty Gas Turbines, Aero-Derivative Gas Turbines; By Technology: Combined Cycle, Open Cycle; By Capacity: < 1 MW, 1-30 MW, >30-200 MW, >200 MW; By Application: Power Generation, Oil & Gas Processing, Chemical & Petrochemical, Others (e.g., CHP); By End-User: Process & Industrial Plants, Utilities/Power Producers, Oil & Gas Operators) - Global Industry Analysis, Size, Trends, Leading Companies, Regional Outlook, and Forecast 2026 to 2035

Last Updated : 02 Mar 2026  |  Report Code : 7947  |  Category : Energy and Power   |  Format : PDF / PPT / Excel

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology  

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis 

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on Process Plants Gas Turbine Market 

5.1. COVID-19 Landscape: Process Plants Gas Turbine Industry Impact

5.2. COVID 19 - Impact Assessment for the Industry

5.3. COVID 19 Impact: Global Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

Chapter 8. Global Process Plants Gas Turbine Market, By Product Type

8.1. Process Plants Gas Turbine Market Revenue and Volume, by Product Type

8.1.1. Heavy-Duty Gas Turbines

8.1.1.1. Market Revenue and Volume Forecast

8.1.2. Aero-Derivative Gas Turbines

8.1.2.1. Market Revenue and Volume Forecast

Chapter 9. Global Process Plants Gas Turbine Market, By Technology

9.1. Process Plants Gas Turbine Market Revenue and Volume, by Technology

9.1.1. Combined Cycle

9.1.1.1. Market Revenue and Volume Forecast

9.1.2. Open Cycle

9.1.2.1. Market Revenue and Volume Forecast

Chapter 10. Global Process Plants Gas Turbine Market, By Capacity 

10.1. Process Plants Gas Turbine Market Revenue and Volume, by Capacity

10.1.1. ≤ 1 MW

10.1.1.1. Market Revenue and Volume Forecast

10.1.2. 1–30 MW

10.1.2.1. Market Revenue and Volume Forecast

10.1.3. >30–200 MW

10.1.3.1. Market Revenue and Volume Forecast

10.1.4. >200 MW

10.1.4.1. Market Revenue and Volume Forecast

Chapter 11. Global Process Plants Gas Turbine Market, By Application

11.1. Process Plants Gas Turbine Market Revenue and Volume, by Application

11.1.1. Power Generation

11.1.1.1. Market Revenue and Volume Forecast

11.1.2. Oil & Gas Processing

11.1.2.1. Market Revenue and Volume Forecast

11.1.3. Chemical & Petrochemical

11.1.3.1. Market Revenue and Volume Forecast

11.1.4. Others (e.g., CHP)

11.1.4.1. Market Revenue and Volume Forecast

Chapter 12. Global Process Plants Gas Turbine Market, By End-User

12.1. Process Plants Gas Turbine Market Revenue and Volume, by End-User

12.1.1. Process & Industrial Plants

12.1.1.1. Market Revenue and Volume Forecast

12.1.2. Utilities/Power Producers

12.1.2.1. Market Revenue and Volume Forecast

12.1.3. Oil & Gas Operators

12.1.3.1. Market Revenue and Volume Forecast

Chapter 13. Global Process Plants Gas Turbine Market, Regional Estimates and Trend Forecast

13.1. North America

13.1.1. Market Revenue and Volume Forecast, by Product Type

13.1.2. Market Revenue and Volume Forecast, by Technology

13.1.3. Market Revenue and Volume Forecast, by Capacity

13.1.4. Market Revenue and Volume Forecast, by Application

13.1.5. Market Revenue and Volume Forecast, by End-User

13.1.6. U.S.

13.1.6.1. Market Revenue and Volume Forecast, by Product Type

13.1.6.2. Market Revenue and Volume Forecast, by Technology

13.1.6.3. Market Revenue and Volume Forecast, by Capacity

13.1.6.4. Market Revenue and Volume Forecast, by Application

13.1.6.5. Market Revenue and Volume Forecast, by End-User  

13.1.7. Rest of North America

13.1.7.1. Market Revenue and Volume Forecast, by Product Type

13.1.7.2. Market Revenue and Volume Forecast, by Technology

13.1.7.3. Market Revenue and Volume Forecast, by Capacity

13.1.7.4. Market Revenue and Volume Forecast, by Application

13.1.7.5. Market Revenue and Volume Forecast, by End-User

13.2. Europe

13.2.1. Market Revenue and Volume Forecast, by Product Type

13.2.2. Market Revenue and Volume Forecast, by Technology

13.2.3. Market Revenue and Volume Forecast, by Capacity

13.2.4. Market Revenue and Volume Forecast, by Application  

13.2.5. Market Revenue and Volume Forecast, by End-User  

13.2.6. UK

13.2.6.1. Market Revenue and Volume Forecast, by Product Type

13.2.6.2. Market Revenue and Volume Forecast, by Technology

13.2.6.3. Market Revenue and Volume Forecast, by Capacity

13.2.7. Market Revenue and Volume Forecast, by Application  

13.2.8. Market Revenue and Volume Forecast, by End-User  

13.2.9. Germany

13.2.9.1. Market Revenue and Volume Forecast, by Product Type

13.2.9.2. Market Revenue and Volume Forecast, by Technology

13.2.9.3. Market Revenue and Volume Forecast, by Capacity

13.2.10. Market Revenue and Volume Forecast, by Application

13.2.11. Market Revenue and Volume Forecast, by End-User

13.2.12. France

13.2.12.1. Market Revenue and Volume Forecast, by Product Type

13.2.12.2. Market Revenue and Volume Forecast, by Technology

13.2.12.3. Market Revenue and Volume Forecast, by Capacity

13.2.12.4. Market Revenue and Volume Forecast, by Application

13.2.13. Market Revenue and Volume Forecast, by End-User

13.2.14. Rest of Europe

13.2.14.1. Market Revenue and Volume Forecast, by Product Type

13.2.14.2. Market Revenue and Volume Forecast, by Technology

13.2.14.3. Market Revenue and Volume Forecast, by Capacity

13.2.14.4. Market Revenue and Volume Forecast, by Application

13.2.15. Market Revenue and Volume Forecast, by End-User

13.3. APAC

13.3.1. Market Revenue and Volume Forecast, by Product Type

13.3.2. Market Revenue and Volume Forecast, by Technology

13.3.3. Market Revenue and Volume Forecast, by Capacity

13.3.4. Market Revenue and Volume Forecast, by Application

13.3.5. Market Revenue and Volume Forecast, by End-User

13.3.6. India

13.3.6.1. Market Revenue and Volume Forecast, by Product Type

13.3.6.2. Market Revenue and Volume Forecast, by Technology

13.3.6.3. Market Revenue and Volume Forecast, by Capacity

13.3.6.4. Market Revenue and Volume Forecast, by Application

13.3.7. Market Revenue and Volume Forecast, by End-User

13.3.8. China

13.3.8.1. Market Revenue and Volume Forecast, by Product Type

13.3.8.2. Market Revenue and Volume Forecast, by Technology

13.3.8.3. Market Revenue and Volume Forecast, by Capacity

13.3.8.4. Market Revenue and Volume Forecast, by Application

13.3.9. Market Revenue and Volume Forecast, by End-User

13.3.10. Japan

13.3.10.1. Market Revenue and Volume Forecast, by Product Type

13.3.10.2. Market Revenue and Volume Forecast, by Technology

13.3.10.3. Market Revenue and Volume Forecast, by Capacity

13.3.10.4. Market Revenue and Volume Forecast, by Application

13.3.10.5. Market Revenue and Volume Forecast, by End-User

13.3.11. Rest of APAC

13.3.11.1. Market Revenue and Volume Forecast, by Product Type

13.3.11.2. Market Revenue and Volume Forecast, by Technology

13.3.11.3. Market Revenue and Volume Forecast, by Capacity

13.3.11.4. Market Revenue and Volume Forecast, by Application

13.3.11.5. Market Revenue and Volume Forecast, by End-User

13.4. MEA

13.4.1. Market Revenue and Volume Forecast, by Product Type

13.4.2. Market Revenue and Volume Forecast, by Technology

13.4.3. Market Revenue and Volume Forecast, by Capacity

13.4.4. Market Revenue and Volume Forecast, by Application

13.4.5. Market Revenue and Volume Forecast, by End-User

13.4.6. GCC

13.4.6.1. Market Revenue and Volume Forecast, by Product Type

13.4.6.2. Market Revenue and Volume Forecast, by Technology

13.4.6.3. Market Revenue and Volume Forecast, by Capacity

13.4.6.4. Market Revenue and Volume Forecast, by Application

13.4.7. Market Revenue and Volume Forecast, by End-User

13.4.8. North Africa

13.4.8.1. Market Revenue and Volume Forecast, by Product Type

13.4.8.2. Market Revenue and Volume Forecast, by Technology

13.4.8.3. Market Revenue and Volume Forecast, by Capacity

13.4.8.4. Market Revenue and Volume Forecast, by Application

13.4.9. Market Revenue and Volume Forecast, by End-User

13.4.10. South Africa

13.4.10.1. Market Revenue and Volume Forecast, by Product Type

13.4.10.2. Market Revenue and Volume Forecast, by Technology

13.4.10.3. Market Revenue and Volume Forecast, by Capacity

13.4.10.4. Market Revenue and Volume Forecast, by Application

13.4.10.5. Market Revenue and Volume Forecast, by End-User

13.4.11. Rest of MEA

13.4.11.1. Market Revenue and Volume Forecast, by Product Type

13.4.11.2. Market Revenue and Volume Forecast, by Technology

13.4.11.3. Market Revenue and Volume Forecast, by Capacity

13.4.11.4. Market Revenue and Volume Forecast, by Application

13.4.11.5. Market Revenue and Volume Forecast, by End-User

13.5. Latin America

13.5.1. Market Revenue and Volume Forecast, by Product Type

13.5.2. Market Revenue and Volume Forecast, by Technology

13.5.3. Market Revenue and Volume Forecast, by Capacity

13.5.4. Market Revenue and Volume Forecast, by Application

13.5.5. Market Revenue and Volume Forecast, by End-User

13.5.6. Brazil

13.5.6.1. Market Revenue and Volume Forecast, by Product Type

13.5.6.2. Market Revenue and Volume Forecast, by Technology

13.5.6.3. Market Revenue and Volume Forecast, by Capacity

13.5.6.4. Market Revenue and Volume Forecast, by Application

13.5.7. Market Revenue and Volume Forecast, by End-User

13.5.8. Rest of LATAM

13.5.8.1. Market Revenue and Volume Forecast, by Product Type

13.5.8.2. Market Revenue and Volume Forecast, by Technology

13.5.8.3. Market Revenue and Volume Forecast, by Capacity

13.5.8.4. Market Revenue and Volume Forecast, by Application

13.5.8.5. Market Revenue and Volume Forecast, by End-User

Chapter 14. Company Profiles

14.1. General Electric (GE Vernova)

14.1.1. Company Overview

14.1.2. Product Offerings

14.1.3. Financial Performance

14.1.4. Recent Initiatives

14.2. Siemens Energy

14.2.1. Company Overview

14.2.2. Product Offerings

14.2.3. Financial Performance

14.2.4. Recent Initiatives

14.3. Mitsubishi Power, Ltd.

14.3.1. Company Overview

14.3.2. Product Offerings

14.3.3. Financial Performance

14.3.4. Recent Initiatives

14.4. Ansaldo Energia S.p.A.

14.4.1. Company Overview

14.4.2. Product Offerings

14.4.3. Financial Performance

14.4.4. Recent Initiatives

14.5. Baker Hughes Company

14.5.1. Company Overview

14.5.2. Product Offerings

14.5.3. Financial Performance

14.5.4. Recent Initiatives

14.6. Solar Turbines Incorporated

14.6.1. Company Overview

14.6.2. Product Offerings

14.6.3. Financial Performance

14.6.4. Recent Initiatives

14.7. Kawasaki Heavy Industries, Ltd.

14.7.1. Company Overview

14.7.2. Product Offerings

14.7.3. Financial Performance

14.7.4. Recent Initiatives

14.8. Rolls-Royce plc

14.8.1. Company Overview

14.8.2. Product Offerings

14.8.3. Financial Performance

14.8.4. Recent Initiatives

14.9. MAN Energy Solutions SE

14.9.1. Company Overview

14.9.2. Product Offerings

14.9.3. Financial Performance

14.9.4. Recent Initiatives

14.10. OPRA Turbines B.V.

14.10.1. Company Overview

14.10.2. Product Offerings

14.10.3. Financial Performance

14.10.4. Recent Initiatives

Chapter 15. Research Methodology

15.1. Primary Research

15.2. Secondary Research

15.3. Assumptions

Chapter 16. Appendix

16.1. About Us

16.2. Glossary of Terms

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Frequently Asked Questions

Answer : The process plants gas turbine market size is expected to increase from USD 2.84 billion in 2025 to USD 5.69 billion by 2035.

Answer : The process plants gas turbine market is expected to grow at a compound annual growth rate (CAGR) of around 7.20% from 2026 to 2035.

Answer : The major players in the process plants gas turbine market include General Electric (GE Vernova), Siemens Energy, Mitsubishi Power, Ltd., Ansaldo Energia S.p.A., Baker Hughes Company, Solar Turbines Incorporated, Kawasaki Heavy Industries, Ltd., Rolls-Royce plc, MAN Energy Solutions SE, OPRA Turbines B.V., Bharat Heavy Electricals Limited (BHEL), Shanghai Electric Gas Turbine, Flex Energy Solutions, Vericor Power Systems, and Destinus Energy.

Answer : The driving factors of the process plants gas turbine market are the rising industrial power demand and the need for efficient, low-emission energy solutions.

Answer : North America region will lead the global process plants gas turbine market during the forecast period 2026 to 2035.

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