United States (US) Gas Turbines Market (2025-2031) | Outlook, Size & Revenue, Forecast, Segmentation, Competitive Landscape, Growth, Value, Trends, Companies, Share, Analysis, Industry
Market Forecast By Technology (Open Cycle, Combined Cycles), By Design (Heavy Duty, Aeroderivative), By Application (Power, Oil & Gas, Others), By Capacity (<1-40 MW, 40-150 MW, 150-300 MW, Above 300 MW) And Competitive Landscape
| Product Code: ETC9966750 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Vasudha | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
United States (US) Gas Turbines Market Top 5 Importing Countries and Market Competition (HHI) Analysis
The United States saw a significant shift in gas turbine import shipments in 2024, with top exporters being Metropolitan France, Canada, Germany, UK, and Singapore. The market experienced a notable decrease in market concentration, moving from a very high concentration in 2023 to a more moderate level in 2024. The compound annual growth rate (CAGR) for gas turbine imports from 2020 to 2024 was -46.9%, indicating a steep decline. Furthermore, the growth rate from 2023 to 2024 plummeted by -91.6%, reflecting a challenging year for the industry.
Key Highlights of the Report:
- United States (US) Gas Turbines Market Outlook
- Market Size of United States (US) Gas Turbines Market, 2024
- Forecast of United States (US) Gas Turbines Market, 2031
- Historical Data and Forecast of United States (US) Gas Turbines Revenues & Volume for the Period 2021- 2031
- United States (US) Gas Turbines Market Trend Evolution
- United States (US) Gas Turbines Market Drivers and Challenges
- United States (US) Gas Turbines Price Trends
- United States (US) Gas Turbines Porter's Five Forces
- United States (US) Gas Turbines Industry Life Cycle
- Historical Data and Forecast of United States (US) Gas Turbines Market Revenues & Volume By Technology for the Period 2021- 2031
- Historical Data and Forecast of United States (US) Gas Turbines Market Revenues & Volume By Open Cycle for the Period 2021- 2031
- Historical Data and Forecast of United States (US) Gas Turbines Market Revenues & Volume By Combined Cycles for the Period 2021- 2031
- Historical Data and Forecast of United States (US) Gas Turbines Market Revenues & Volume By Design for the Period 2021- 2031
- Historical Data and Forecast of United States (US) Gas Turbines Market Revenues & Volume By Heavy Duty for the Period 2021- 2031
- Historical Data and Forecast of United States (US) Gas Turbines Market Revenues & Volume By Aeroderivative for the Period 2021- 2031
- Historical Data and Forecast of United States (US) Gas Turbines Market Revenues & Volume By Application for the Period 2021- 2031
- Historical Data and Forecast of United States (US) Gas Turbines Market Revenues & Volume By Power for the Period 2021- 2031
- Historical Data and Forecast of United States (US) Gas Turbines Market Revenues & Volume By Oil & Gas for the Period 2021- 2031
- Historical Data and Forecast of United States (US) Gas Turbines Market Revenues & Volume By Others for the Period 2021- 2031
- Historical Data and Forecast of United States (US) Gas Turbines Market Revenues & Volume By Capacity for the Period 2021- 2031
- Historical Data and Forecast of United States (US) Gas Turbines Market Revenues & Volume By <1-40 MW for the Period 2021- 2031
- Historical Data and Forecast of United States (US) Gas Turbines Market Revenues & Volume By 40-150 MW for the Period 2021- 2031
- Historical Data and Forecast of United States (US) Gas Turbines Market Revenues & Volume By 150-300 MW for the Period 2021- 2031
- Historical Data and Forecast of United States (US) Gas Turbines Market Revenues & Volume By Above 300 MW for the Period 2021- 2031
- United States (US) Gas Turbines Import Export Trade Statistics
- Market Opportunity Assessment By Technology
- Market Opportunity Assessment By Design
- Market Opportunity Assessment By Application
- Market Opportunity Assessment By Capacity
- United States (US) Gas Turbines Top Companies Market Share
- United States (US) Gas Turbines Competitive Benchmarking By Technical and Operational Parameters
- United States (US) Gas Turbines Company Profiles
- United States (US) Gas Turbines Key Strategic Recommendations
Frequently Asked Questions About the Market Study (FAQs):
6Wresearch actively monitors the United States (US) Gas Turbines Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the United States (US) Gas Turbines Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
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1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 United States (US) Gas Turbines Market Overview |
3.1 United States (US) Country Macro Economic Indicators |
3.2 United States (US) Gas Turbines Market Revenues & Volume, 2021 & 2031F |
3.3 United States (US) Gas Turbines Market - Industry Life Cycle |
3.4 United States (US) Gas Turbines Market - Porter's Five Forces |
3.5 United States (US) Gas Turbines Market Revenues & Volume Share, By Technology, 2021 & 2031F |
3.6 United States (US) Gas Turbines Market Revenues & Volume Share, By Design, 2021 & 2031F |
3.7 United States (US) Gas Turbines Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 United States (US) Gas Turbines Market Revenues & Volume Share, By Capacity, 2021 & 2031F |
4 United States (US) Gas Turbines Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for cleaner and more efficient energy sources |
4.2.2 Growth in industrial and power generation sectors in the US |
4.2.3 Technological advancements leading to more reliable and efficient gas turbine systems |
4.3 Market Restraints |
4.3.1 High initial investment and maintenance costs of gas turbines |
4.3.2 Regulatory challenges and environmental concerns around emissions |
4.3.3 Competition from alternative energy sources like renewables |
5 United States (US) Gas Turbines Market Trends |
6 United States (US) Gas Turbines Market, By Types |
6.1 United States (US) Gas Turbines Market, By Technology |
6.1.1 Overview and Analysis |
6.1.2 United States (US) Gas Turbines Market Revenues & Volume, By Technology, 2021- 2031F |
6.1.3 United States (US) Gas Turbines Market Revenues & Volume, By Open Cycle, 2021- 2031F |
6.1.4 United States (US) Gas Turbines Market Revenues & Volume, By Combined Cycles, 2021- 2031F |
6.2 United States (US) Gas Turbines Market, By Design |
6.2.1 Overview and Analysis |
6.2.2 United States (US) Gas Turbines Market Revenues & Volume, By Heavy Duty, 2021- 2031F |
6.2.3 United States (US) Gas Turbines Market Revenues & Volume, By Aeroderivative, 2021- 2031F |
6.3 United States (US) Gas Turbines Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 United States (US) Gas Turbines Market Revenues & Volume, By Power, 2021- 2031F |
6.3.3 United States (US) Gas Turbines Market Revenues & Volume, By Oil & Gas, 2021- 2031F |
6.3.4 United States (US) Gas Turbines Market Revenues & Volume, By Others, 2021- 2031F |
6.4 United States (US) Gas Turbines Market, By Capacity |
6.4.1 Overview and Analysis |
6.4.2 United States (US) Gas Turbines Market Revenues & Volume, By <1-40 MW, 2021- 2031F |
6.4.3 United States (US) Gas Turbines Market Revenues & Volume, By 40-150 MW, 2021- 2031F |
6.4.4 United States (US) Gas Turbines Market Revenues & Volume, By 150-300 MW, 2021- 2031F |
6.4.5 United States (US) Gas Turbines Market Revenues & Volume, By Above 300 MW, 2021- 2031F |
7 United States (US) Gas Turbines Market Import-Export Trade Statistics |
7.1 United States (US) Gas Turbines Market Export to Major Countries |
7.2 United States (US) Gas Turbines Market Imports from Major Countries |
8 United States (US) Gas Turbines Market Key Performance Indicators |
8.1 Average capacity utilization rate of gas turbines in the US |
8.2 Number of new gas turbine installations in key industries |
8.3 Efficiency improvement rate of gas turbine systems |
8.4 Investment in research and development for gas turbine technology |
8.5 Adoption rate of gas turbine combined-cycle power plants |
9 United States (US) Gas Turbines Market - Opportunity Assessment |
9.1 United States (US) Gas Turbines Market Opportunity Assessment, By Technology, 2021 & 2031F |
9.2 United States (US) Gas Turbines Market Opportunity Assessment, By Design, 2021 & 2031F |
9.3 United States (US) Gas Turbines Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 United States (US) Gas Turbines Market Opportunity Assessment, By Capacity, 2021 & 2031F |
10 United States (US) Gas Turbines Market - Competitive Landscape |
10.1 United States (US) Gas Turbines Market Revenue Share, By Companies, 2024 |
10.2 United States (US) Gas Turbines Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
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