What was the overall market valuation of the gas turbine market in 2024?

The overall market valuation was 9322.06 $ Million in 2024. Read More

What is the projected market valuation for the gas turbine market by 2035?

The projected valuation for 2035 is 13000.0 $ Million. Read More

What is the expected CAGR for the gas turbine market during the forecast period 2025 - 2035?

The expected CAGR for the market during the forecast period 2025 - 2035 is 3.07%. Read More

Which companies are considered key players in the gas turbine market?

Key players include General Electric (US), Siemens (DE), Mitsubishi Power (JP), and others. Read More

What were the valuations for the industrial segment of the gas turbine market in 2024?

The industrial segment was valued at 1860.62 $ Million in 2024. Read More

How does the heavy-duty segment's valuation compare to the aeroderivative segment in 2024?

The heavy-duty segment was valued at 3721.24 $ Million, while the aeroderivative segment was valued at 4740.2 $ Million. Read More

What is the valuation of the power generation end-user segment in 2024?

The power generation end-user segment was valued at 3728.82 $ Million in 2024. Read More

What are the projected valuations for the 40 to 120 MW rating capacity segment by 2035?

The projected valuation for the 40 to 120 MW rating capacity segment is 3800.0 $ Million by 2035. Read More

What is the expected valuation for the combined cycle technology segment by 2035?

The expected valuation for the combined cycle technology segment is 7700.0 $ Million by 2035. Read More

What was the valuation of the oil & gas end-user segment in 2024?

The oil & gas end-user segment was valued at 1864.41 $ Million in 2024. Read More

Europe Gas Turbine Market

ID: MRFR/EnP/46885-HCR

200 Pages

Chitranshi Jaiswal

Last Updated: April 06, 2026

Europe Gas Turbine Market Research Report By Type (Industrial, Heavy-Duty, Aeroderivative), By Rating Capacity (Less Than 40 MW, 40 to 120 MW, 121 to 300 MW, Above 300 MW), By End-User (Power Generation, Oil & Gas, Marine, Process Plants, Others), By Technology (Open Cycle, Combined Cycle), and By Regional (Germany, UK, France, Russia, Italy, Spain, Rest of Europe)- Forecast to 2035

Summary Table of Contents Segmentation Download PDF

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1 SECTION I: EXECUTIVE SUMMARY AND KEY HIGHLIGHTS
1. 1.1 EXECUTIVE SUMMARY
  1. 1.1.1 Market Overview
  2. 1.1.2 Key Findings
  3. 1.1.3 Market Segmentation
  4. 1.1.4 Competitive Landscape
  5. 1.1.5 Challenges and Opportunities
  6. 1.1.6 Future Outlook
2 SECTION II: SCOPING, METHODOLOGY AND MARKET STRUCTURE
1. 2.1 MARKET INTRODUCTION
  1. 2.1.1 Definition
  2. 2.1.2 Scope of the study
    1. 2.1.2.1 Research Objective
    2. 2.1.2.2 Assumption
    3. 2.1.2.3 Limitations
2. 2.2 RESEARCH METHODOLOGY
  1. 2.2.1 Overview
  2. 2.2.2 Data Mining
  3. 2.2.3 Secondary Research
  4. 2.2.4 Primary Research
    1. 2.2.4.1 Primary Interviews and Information Gathering Process
    2. 2.2.4.2 Breakdown of Primary Respondents
  5. 2.2.5 Forecasting Model
  6. 2.2.6 Market Size Estimation
    1. 2.2.6.1 Bottom-Up Approach
    2. 2.2.6.2 Top-Down Approach
  7. 2.2.7 Data Triangulation
  8. 2.2.8 Validation
3 SECTION III: QUALITATIVE ANALYSIS
1. 3.1 MARKET DYNAMICS
  1. 3.1.1 Overview
  2. 3.1.2 Drivers
  3. 3.1.3 Restraints
  4. 3.1.4 Opportunities
2. 3.2 MARKET FACTOR ANALYSIS
  1. 3.2.1 Value chain Analysis
  2. 3.2.2 Porter's Five Forces Analysis
    1. 3.2.2.1 Bargaining Power of Suppliers
    2. 3.2.2.2 Bargaining Power of Buyers
    3. 3.2.2.3 Threat of New Entrants
    4. 3.2.2.4 Threat of Substitutes
    5. 3.2.2.5 Intensity of Rivalry
  3. 3.2.3 COVID-19 Impact Analysis
    1. 3.2.3.1 Market Impact Analysis
    2. 3.2.3.2 Regional Impact
    3. 3.2.3.3 Opportunity and Threat Analysis
4 SECTION IV: QUANTITATIVE ANALYSIS
1. 4.1 Construction, BY Type (USD Million)
  1. 4.1.1 Industrial
  2. 4.1.2 Heavy-Duty
  3. 4.1.3 Aeroderivative
2. 4.2 Construction, BY Rating Capacity (USD Million)
  1. 4.2.1 Less Than 40 MW
  2. 4.2.2 40 to 120 MW
  3. 4.2.3 121 to 300 MW
  4. 4.2.4 Above 300 MW
3. 4.3 Construction, BY End-User (USD Million)
  1. 4.3.1 Power Generation
  2. 4.3.2 Oil & Gas
  3. 4.3.3 Marine
  4. 4.3.4 Process Plants
  5. 4.3.5 Others
4. 4.4 Construction, BY Technology (USD Million)
  1. 4.4.1 Open Cycle
  2. 4.4.2 Combined Cycle
5 SECTION V: COMPETITIVE ANALYSIS
1. 5.1 Competitive Landscape
  1. 5.1.1 Overview
  2. 5.1.2 Competitive Analysis
  3. 5.1.3 Market share Analysis
  4. 5.1.4 Major Growth Strategy in the Construction
  5. 5.1.5 Competitive Benchmarking
  6. 5.1.6 Leading Players in Terms of Number of Developments in the Construction
  7. 5.1.7 Key developments and growth strategies
    1. 5.1.7.1 New Product Launch/Service Deployment
    2. 5.1.7.2 Merger & Acquisitions
    3. 5.1.7.3 Joint Ventures
  8. 5.1.8 Major Players Financial Matrix
    1. 5.1.8.1 Sales and Operating Income
    2. 5.1.8.2 Major Players R&D Expenditure. 2023
2. 5.2 Company Profiles
  1. 5.2.1 General Electric (US)
    1. 5.2.1.1 Financial Overview
    2. 5.2.1.2 Products Offered
    3. 5.2.1.3 Key Developments
    4. 5.2.1.4 SWOT Analysis
    5. 5.2.1.5 Key Strategies
  2. 5.2.2 Siemens (DE)
    1. 5.2.2.1 Financial Overview
    2. 5.2.2.2 Products Offered
    3. 5.2.2.3 Key Developments
    4. 5.2.2.4 SWOT Analysis
    5. 5.2.2.5 Key Strategies
  3. 5.2.3 Mitsubishi Power (JP)
    1. 5.2.3.1 Financial Overview
    2. 5.2.3.2 Products Offered
    3. 5.2.3.3 Key Developments
    4. 5.2.3.4 SWOT Analysis
    5. 5.2.3.5 Key Strategies
  4. 5.2.4 Ansaldo Energia (IT)
    1. 5.2.4.1 Financial Overview
    2. 5.2.4.2 Products Offered
    3. 5.2.4.3 Key Developments
    4. 5.2.4.4 SWOT Analysis
    5. 5.2.4.5 Key Strategies
  5. 5.2.5 Rolls-Royce (GB)
    1. 5.2.5.1 Financial Overview
    2. 5.2.5.2 Products Offered
    3. 5.2.5.3 Key Developments
    4. 5.2.5.4 SWOT Analysis
    5. 5.2.5.5 Key Strategies
  6. 5.2.6 Alstom (FR)
    1. 5.2.6.1 Financial Overview
    2. 5.2.6.2 Products Offered
    3. 5.2.6.3 Key Developments
    4. 5.2.6.4 SWOT Analysis
    5. 5.2.6.5 Key Strategies
  7. 5.2.7 Bharat Heavy Electricals Limited (IN)
    1. 5.2.7.1 Financial Overview
    2. 5.2.7.2 Products Offered
    3. 5.2.7.3 Key Developments
    4. 5.2.7.4 SWOT Analysis
    5. 5.2.7.5 Key Strategies
  8. 5.2.8 Turbine Efficiency (GB)
    1. 5.2.8.1 Financial Overview
    2. 5.2.8.2 Products Offered
    3. 5.2.8.3 Key Developments
    4. 5.2.8.4 SWOT Analysis
    5. 5.2.8.5 Key Strategies
3. 5.3 Appendix
  1. 5.3.1 References
  2. 5.3.2 Related Reports
6 LIST OF FIGURES
1. 6.1 MARKET SYNOPSIS
2. 6.2 EUROPE MARKET ANALYSIS BY TYPE
3. 6.3 EUROPE MARKET ANALYSIS BY RATING CAPACITY
4. 6.4 EUROPE MARKET ANALYSIS BY END-USER
5. 6.5 EUROPE MARKET ANALYSIS BY TECHNOLOGY
6. 6.6 KEY BUYING CRITERIA OF CONSTRUCTION
7. 6.7 RESEARCH PROCESS OF MRFR
8. 6.8 DRO ANALYSIS OF CONSTRUCTION
9. 6.9 DRIVERS IMPACT ANALYSIS: CONSTRUCTION
10. 6.10 RESTRAINTS IMPACT ANALYSIS: CONSTRUCTION
11. 6.11 SUPPLY / VALUE CHAIN: CONSTRUCTION
12. 6.12 CONSTRUCTION, BY TYPE, 2024 (% SHARE)
13. 6.13 CONSTRUCTION, BY TYPE, 2024 TO 2035 (USD Million)
14. 6.14 CONSTRUCTION, BY RATING CAPACITY, 2024 (% SHARE)
15. 6.15 CONSTRUCTION, BY RATING CAPACITY, 2024 TO 2035 (USD Million)
16. 6.16 CONSTRUCTION, BY END-USER, 2024 (% SHARE)
17. 6.17 CONSTRUCTION, BY END-USER, 2024 TO 2035 (USD Million)
18. 6.18 CONSTRUCTION, BY TECHNOLOGY, 2024 (% SHARE)
19. 6.19 CONSTRUCTION, BY TECHNOLOGY, 2024 TO 2035 (USD Million)
20. 6.20 BENCHMARKING OF MAJOR COMPETITORS
7 LIST OF TABLES
1. 7.1 LIST OF ASSUMPTIONS
7.1.1
1. 7.2 Europe MARKET SIZE ESTIMATES; FORECAST
  1. 7.2.1 BY TYPE, 2025-2035 (USD Million)
  2. 7.2.2 BY RATING CAPACITY, 2025-2035 (USD Million)
  3. 7.2.3 BY END-USER, 2025-2035 (USD Million)
  4. 7.2.4 BY TECHNOLOGY, 2025-2035 (USD Million)
2. 7.3 PRODUCT LAUNCH/PRODUCT DEVELOPMENT/APPROVAL
7.3.1
1. 7.4 ACQUISITION/PARTNERSHIP
7.4.1

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Europe Construction Market Segmentation

Construction By Type (USD Million, 2025-2035)

Industrial
Heavy-Duty
Aeroderivative

Construction By Rating Capacity (USD Million, 2025-2035)

Less Than 40 MW
40 to 120 MW
121 to 300 MW
Above 300 MW

Construction By End-User (USD Million, 2025-2035)

Power Generation
Oil & Gas
Marine
Process Plants
Others

Construction By Technology (USD Million, 2025-2035)

Open Cycle
Combined Cycle

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