Gas Turbine Market Strategic Plan for Positive Growth 2030

The global gas turbine market is expected to head toward expansion in the coming years, due to rapid technological advancements in the energy sector coupled with increase in focus toward distributed power generation technologies. With exponential rise population and robust growth of the industrial sector across the developing economies such as China and India, the …

Gas Turbine Market Estimated to Hit $25.4 Billion by 2030

The global gas turbine market was valued at $18.5 billion in 2020, and is projected to reach $25.4 billion by 2030, growing at a CAGR of 3.3% from 2021 to 2030. A gas turbine is an engine, which heats a mixture of fuel and outside air at a high temperature to generate mechanical energy through …