Aeroderivative Gas Turbines Market

By Capacity;

Less than 50 KW, 50 to 500 KW, 500 KW to 1 MW, 1 to 30 MW, 30 to 70 MW, and 70 MW

By Technology;

Open Cycle and Combined Cycle

By Fuel Type;

Natural Gas, Diesel, Liquid Propane Gas (LPG), and Aviation Jet Fuel

By Application;

Power plants, Oil & gas, Process plants, Aviation, Marine, and Others

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn080036026 Published Date: August, 2025 Updated Date: September, 2025

Aeroderivative Gas Turbine Market Overview

Aeroderivative Gas Turbine Market (USD Million)

Aeroderivative Gas Turbine Market was valued at USD 4,039.99 million in the year 2024. The size of this market is expected to increase to USD 6,114.88 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 6.1%.


Aeroderivative Gas Turbines Market

*Market size in USD million

CAGR 6.1 %


Study Period2025 - 2031
Base Year2024
CAGR (%)6.1 %
Market Size (2024)USD 4,039.99 Million
Market Size (2031)USD 6,114.88 Million
Market ConcentrationMedium
Report Pages343
4,039.99
2024
6,114.88
2031

Major Players

  • GE
  • Siemens
  • Mitsubishi Hitachi
  • Wrtsil
  • Kawasaki
  • Opra Turbines
  • Solar Turbines
  • Harbin
  • BHEL
  • Vericor
  • MAN Diesel
  • Capstone

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Aeroderivative Gas Turbines Market

Fragmented - Highly competitive market without dominant players


The Aeroderivative Gas Turbine Market is witnessing strong growth as industries emphasize efficient and flexible power generation. These turbines are valued for their lightweight design, quick start-up capabilities, and adaptability in various applications. Adoption has increased by over 40%, highlighting their rising importance in meeting modern energy requirements.

Rising Demand for Efficient Energy Solutions
Industries are focusing on cost-effective power generation with lower emissions and higher reliability. Studies reveal that nearly 37% of organizations have shifted to aeroderivative gas turbines to optimize energy efficiency and reduce operational downtime. This underscores their role in addressing evolving energy needs.

Technological Innovations Enhancing Performance
Advancements such as digital monitoring systems, advanced combustion technology, and modular designs are reshaping turbine performance. Reports indicate that around 43% of newly deployed turbines now incorporate these innovations, enabling higher efficiency, reduced maintenance, and better fuel flexibility. These developments are driving widespread adoption.

Future Market Outlook
The aeroderivative gas turbine market is projected to grow steadily as industries seek efficiency, innovation, and sustainability. Growth momentum is expected to surpass 55%, driven by increasing demand for flexible energy solutions and ongoing technological advancements. This positions the market as a critical enabler of future power generation strategies.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Capacity
    2. Market Snapshot, By Technology
    3. Market Snapshot, By Fuel Type
    4. Market Snapshot, By Application
    5. Market Snapshot, By Region
  4. Aeroderivative Gas Turbine Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Increasing Energy Demand
        2. Emphasis on Sustainable Energy
        3. Complementing Renewable Energy Sources
      2. Restraints
        1. Competition from Alternative Technologies
        2. Fuel Price Fluctuations
        3. Regulatory Uncertainties
      3. Opportunities
        1. Research and Development Investments
        2. Strategic Partnerships
        3. Market Expansion into Diverse Applications
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Aeroderivative Gas Turbine Market, By Capacity, 2021 - 2031 (USD Million)
      1. Less than 50 KW
      2. 50 to 500 KW
      3. 500 KW to 1 MW
      4. 1 to 30 MW
      5. 30 to 70 MW
      6. 70 MW
    2. Aeroderivative Gas Turbine Market, By Technology, 2021 - 2031 (USD Million)
      1. Open cycle
      2. Combined cycle
    3. Aeroderivative Gas Turbine Market, By Fuel Type, 2021 - 2031 (USD Million)

      1. Natural Gas

      2. Diesel

      3. Liquid Propane Gas (LPG)

      4. Aviation Jet Fuel

    4. Aeroderivative Gas Turbine Market, By Application, 2021 - 2031 (USD Million)
      1. Power plants
      2. Oil & gas
      3. Process plants
      4. Aviation
      5. Marine
      6. Others
    5. Aeroderivative Gas Turbine Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Capstone
      2. MAN Diesel
      3. Vericor
      4. BHEL
      5. Harbin
      6. Solar Turbines
      7. Opra Turbines
      8. Kawasaki
      9. Wrtsil
      10. Mitsubishi Hitachi
      11. Siemens
      12. GE
  7. Analyst Views
  8. Future Outlook of the Market