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United States Gas Turbine Industry Sector 2025: Rapid Growth with Industrial Electrification & Hybrid Power
Gas Turbine Industry
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United States: Recent Industry Developments
✅ November 2025: GE Vernova launched upgraded high-efficiency H-class gas turbines designed for hybrid power plants supporting renewables integration.
✅ October 2025: Siemens Energy partnered with U.S. utilities to deploy hydrogen-ready gas turbines, enabling progressive transition to low-carbon power.
✅ September 2025: Mitsubishi Power completed commercial deployment of AI-enabled gas turbine monitoring systems to optimize performance and energy output.
GCC: Recent Industry Developments
✅ November 2025: Saudi Electricity Company approved major expansion projects using advanced gas turbines to boost grid reliability amid rising power demand.
✅ October 2025: UAE initiated combined-cycle gas turbine (CCGT) installations to support industrial energy and desalination capacity.
✅ September 2025: Qatar Energy adopted low-NOx gas turbine solutions across key LNG facilities to support emission-reduction mandates.
Major Growing Players:
General Electric, Siemens, Mitsubishi (MHPS), Kawasaki Heavy Industries, and Ansaldo Energia.
Latest M&A
1. GE Vernova acquires Woodward heavy-duty gas turbine combustion parts (Mar 2025): Adds US manufacturing capacity/resilience amid surging demand; Greenville, SC site integration strengthens supply chain.
2. Vistra acquires 7 modern natural gas plants (May 2025): Builds industry-leading portfolio for baseload/AI power; undisclosed value.
3. CPS Energy buys ProEnergy (Q3 2025 expected close): J.P. Morgan/CIBC advised; expands service capabilities. Shell completes combined-cycle acquisition (Jan 2025).
Forecast Projection:
The Global Gas Turbine Market is anticipated to rise at a considerable rate during the forecast period, between 2025 and 2032. In 2024, the market is growing at a steady rate, and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.
Research Process:
Global Gas Turbine Market report is built on solid intelligence - powered by both primary and secondary research. Our analysts have deep-dived into every factor that can influence your business roadmap, including government regulations, competitive landscape, tech innovations, historical market behavior, upcoming breakthroughs, adjacent industry trends, market volatility, growth prospects, and potential risks.
New Projects & Key Developments
1. US: TVA adds 500MW aeroderivatives at Johnsonville (Jul 2025); GE Vernova/Crusoe 29-unit LM2500XPRESS (~1GW) for AI data centers; ArcLight plans 20GW gas capacity.
2. Global: Mitsubishi orders 19 units (Jun 2025); Vietnam/Philippines delays from shortages; PDP VIII prioritizes domestic gas. Siemens: 1-30MW turbines 45% share for industrial/refineries.
3. Tech: H-class efficiency gains, hydrogen-ready turbines, combined-cycle/cogeneration focus.
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Key Segments:
By Design Type: (Heavy-Duty Gas Turbines, Industrial Gas Turbines, Aeroderivative Gas Turbines)
By Technology: (Open Cycle, Combined Cycle)
By Capacity: (Less than 40 MW, 40 MW- 120 MW, 120 MW- 300 MW, Above 300 MW)
By Application: (Power Generation, Oil & Gas, Aerospace, Marine, Others)
Regional Analysis for Market:
⇥ North America (U.S., Canada, Mexico)
⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)
⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)
⇥ South America (Colombia, Brazil, Argentina, Rest of South America)
⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)
Benefits of the Report:
Chapter 1: sets the stage by defining the full scope of the report and delivering an executive summary of key market segments across regions, product types, and applications. It provides a comprehensive snapshot of current market sizes and reveals future growth potential, offering a clear vision of how the market will evolve in the short, mid, and long term.
Chapter 2: uncovers critical insights and highlights the most impactful emerging trends shaping the Gas Turbine market's future - essential knowledge for investors and strategists looking to stay ahead.
Chapter 3: dives deep into the competitive landscape, delivering an in-depth analysis of Gas Turbine manufacturers. It covers market share dynamics, strategic developments, and the latest mergers and acquisitions that are redefining the industry.
Chapter 4: profiles the market's leading players, offering detailed views of their revenue streams, profit margins, product portfolios, and recent innovations - arming you with the intel to benchmark and strategize effectively.
Chapters 5 & 6: break down revenue performance by region and country, providing a quantitative analysis that spotlights growth hotspots, development prospects, and the unique opportunities each market offers across the globe.
Chapter 7: explores market segmentation by type, revealing the size and untapped potential of each segment - guiding you toward lucrative "blue ocean" opportunities that competitors may have overlooked.
Chapter 8: analyzes the market by application, evaluating downstream sectors with the highest growth potential and identifying promising areas for expansion and investment.
Chapter 9: maps the entire industry supply chain, tracing upstream suppliers to downstream distributors, giving you full visibility into critical business linkages and value drivers.
Chapter 10: wraps up with a powerful summary of the report's key findings and strategic takeaways, delivering the must-know insights every industry stakeholder needs to make confident, forward-looking decisions.
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Supply Chain
1. Demand Surge: AI/LNG/power; US queue +160% YoY (Southeast 35GW, MISO 31GW); Rystad: global chains strained.
2. Challenges: OEM lead times 2-4 years (Siemens/MHI/GE); turbine shortages delay Vietnam/Philippines; raw materials/logistics volatility.
3. Mitigation: US localization (GE Woodward), diversified sites, MRO services ($19.3B 2025 → $80B 2032).
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Contact Person: Sai Kiran
Email: Sai.k@datamintelligence.com
Phone: +1 877 441 4866
Website: https://www.datamintelligence.com
About Us -
DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.
Our research database features countless statistics and in-depth analyses across a wide range of 6300+ reports in 40+ domains creating business solutions for more than 200+ companies across 50+ countries; catering to the key business research needs that influence the growth trajectory of our vast clientele.
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