Global Gas Power Equipment Market

Global gas power equipment market by product (generator set, turbine), by region (Asia Pacific, Europe, North America, Rest of the World (RoW)), outlook & forecast, 2021-2027

SKU: MGE01570 Category: Region:



Gas is a fossil fuel which can be used to generate electricity. As hot combustion gas expands through the turbine, it spins the rotating blades. The rotating blades perform a dual function: they drive the compressor to draw more pressurized air into the combustion section, and they spin a generator to produce electricity. Projected to expand at a CAGR of 2.4% from 2021 to 2027, the global gas power equipment market will worth USD 13,551 million by 2027-end, according to Gen Consulting Company.

The report provides in-depth analysis and insights regarding the current global market scenario, latest trends and drivers into global gas power equipment market. It offers an exclusive insight into various details such as market size, key trends, competitive landscape, growth rate and market segments. This study also provides an analysis of the impact of the COVID-19 crisis on the gas power equipment industry.

The gas power equipment market is segmented on the basis of product, and region. The gas power equipment market is segmented as below:

By product:
– generator set
– turbine

By region:
– Asia Pacific
– Europe
– North America
– Rest of the World (RoW)

The report also provides a detailed analysis of several leading gas power equipment market vendors that include AKSA Power Generation, Ansaldo Energia S.p.A., Blue Star Power Systems, Inc., Briggs & Stratton Corporation, Caterpillar Inc., Cummins Inc., Generac Holdings Inc., General Electric Company, HIMOINSA S.L. (Yanmar Co., Ltd.), Kawasaki Heavy Industries Ltd., Mitsubishi Heavy Industries, Ltd., Rolls-Royce Power Systems AG, Siemens AG, Solar Turbines Incorporated, among others.

Historical & Forecast Period
This research report provides analysis for each segment from 2017 to 2027 considering 2020 to be the base year.

Scope of the Report
– To analyze and forecast the market size of the global gas power equipment market.
– To classify and forecast the global gas power equipment market based on product, and region.
– To identify drivers and challenges for the global gas power equipment market.
– To examine competitive developments such as mergers & acquisitions, agreements, collaborations and partnerships, etc., in the global gas power equipment market.
– To identify and analyze the profile of leading players operating in the global gas power equipment market.

Why Choose This Report
– Gain a reliable outlook of the global gas power equipment market forecasts from 2021 to 2027 across scenarios.
– Identify growth segments for investment.
– Stay ahead of competitors through company profiles and market data.
– The market estimate for ease of analysis across scenarios in Excel format.
– Strategy consulting and research support for three months.
– Print authentication provided for the single-user license.

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Global Gas Power Equipment Market

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