The United States gas turbine market was valued at US$4.471 billion in 2021 and is projected to expand at a CAGR of 3.44% over the forecast period to reach US$5.665 billion by 2028.
This research study examines the United States gas turbine market based on various segments: power rating, type, and application. First, a brief overview of the market details key driving factors and challenges. Next, Porter's five forces model comprehensively analyzes the United States gas turbine industry. This is followed by industry value chain analysis which determines the companies which are part of the different processes and contributing to various sectors.
The study also presents in-depth information concerning the development, trends, and industry policies and regulations affecting the United States gas turbine market. Moreover, the research study analyzes the overall regulatory framework of the United States gas turbine sector, offering stakeholders a better understanding of the key factors influencing the overall market environment.
United States gas turbines market – Forecasts from 2023 to 2028 are a comprehensive and latest report. It provides vital market information to executives and interested stakeholders to enable them to get vital market information. The report also analyzes the competitive landscape and details strategies of key market players and also plots them on our vendor matrix in four quadrants: leader, follower, challenger, and niche.
The scope and coverage of the United States gas turbines market report are as below:
| Report Metric | Details |
|---|---|
| Study Period | 2021 to 2031 |
| Historical Data | 2021 to 2024 |
| Base Year | 2025 |
| Forecast Period | 2026 – 2031 |
| Report Metric | Details |
| Market Size Value in 2021 | US$4.471 billion |
| Market Size Value in 2028 | US$5.665 billion |
| Growth Rate | CAGR of 3.44% from 2021 to 2028 |
| Base Year | 2021 |
| Forecast Period | 2023 – 2028 |
| Forecast Unit (Value) | USD Billion |
| Segments Covered | Power Rating, Type, and Application |
| Companies Covered | General Electric Company, Rolls-Royce Holding PLC, Mitsubishi Hitachi Power Systems Americas, Inc, Capstone Turbine Corporation, Solar Turbines Inc., Equinor, SAE International, Bradken, Inc., Columbia Manufacturing, Inc., Chromalloy |
| Customization Scope | Free report customization with purchase |
Different segments covered under the United States gas turbines market report are as below: