| Product Code: ETC9966750 | Publication Date: Sep 2024 | Updated Date: Apr 2026 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Vasudha | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
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.

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, 2022 & 2032F |
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, 2022 & 2032F |
3.6 United States (US) Gas Turbines Market Revenues & Volume Share, By Design, 2022 & 2032F |
3.7 United States (US) Gas Turbines Market Revenues & Volume Share, By Application, 2022 & 2032F |
3.8 United States (US) Gas Turbines Market Revenues & Volume Share, By Capacity, 2022 & 2032F |
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, 2022 - 2032F |
6.1.3 United States (US) Gas Turbines Market Revenues & Volume, By Open Cycle, 2022 - 2032F |
6.1.4 United States (US) Gas Turbines Market Revenues & Volume, By Combined Cycles, 2022 - 2032F |
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, 2022 - 2032F |
6.2.3 United States (US) Gas Turbines Market Revenues & Volume, By Aeroderivative, 2022 - 2032F |
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, 2022 - 2032F |
6.3.3 United States (US) Gas Turbines Market Revenues & Volume, By Oil & Gas, 2022 - 2032F |
6.3.4 United States (US) Gas Turbines Market Revenues & Volume, By Others, 2022 - 2032F |
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, 2022 - 2032F |
6.4.3 United States (US) Gas Turbines Market Revenues & Volume, By 40-150 MW, 2022 - 2032F |
6.4.4 United States (US) Gas Turbines Market Revenues & Volume, By 150-300 MW, 2022 - 2032F |
6.4.5 United States (US) Gas Turbines Market Revenues & Volume, By Above 300 MW, 2022 - 2032F |
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, 2022 & 2032F |
9.2 United States (US) Gas Turbines Market Opportunity Assessment, By Design, 2022 & 2032F |
9.3 United States (US) Gas Turbines Market Opportunity Assessment, By Application, 2022 & 2032F |
9.4 United States (US) Gas Turbines Market Opportunity Assessment, By Capacity, 2022 & 2032F |
10 United States (US) Gas Turbines Market - Competitive Landscape |
10.1 United States (US) Gas Turbines Market Revenue Share, By Companies, 2025 |
10.2 United States (US) Gas Turbines Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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