<img src="https://ml.globenewswire.com/Resource/Download/d6272c2e-d204-41b8-b545-a6e2e24f85c2?size=2" nborder="0" align="left" hspace="5" vspace="5" title="sns insider pvt ltd.png" alt="SNS Insider pvt ltd"/>U.S. Gas Turbine Market to Reach USD 7.42 Billion by 2035 as North America Leads with 29.50% Share and Asia Pacific Records the Fastest Growth at 8.30% CAGRAustin, Sept. 16, 2026 <a href="https://www.globenewswire.com" target="_blank">(GLOBE NEWSWIRE)</a> -- According to SNS Insider, the global <a href="https://www.globenewswire.com/Tracker?data=M-0UI1UeE5JE5YKE4Cm5BZWWmEnTL8zqXfKPlaYfFJfvzRsm5BV5KaeEU55YAGO7vDYth0tRacTrjf-msdG-QmqsUR6aS7_zErapH_Hlbucp66-HAzJI1hl2r_bzVMeFOVfXzSwjUJG5cw_Ld0Id6g==" rel="nofollow" target="_blank" title="">Gas Turbine Market</a> was valued at USD 17.80 Billion in 2025 and is projected to reach USD 30.10 Billion by 2035, registering a CAGR of 5.40% from 2026 to 2035. Market expansion will be led by rapid replacement of old coal-based power generation capacity, increased demand for power due to AI-driven data centers, and increased adoption of hydrogen-ready and ammonia-capable combustion technology. The gas turbine plays a role in power systems across the globe due to its ability to ramp up rapidly and integrate renewables, as well as the high efficiency of combined cycle plants. In 2025, The project Jafurah Cogeneration Independent Steam and Power Plant was successfully delivered by GE Vernova in Saudi Arabia using its 7HA.01 gas turbine, which was installed as the first H-Class gas turbine made in Saudi Arabia. Furthermore, Mitsubishi Power and Mitsubishi Electric successfully tested the functionality of their new generation of gas turbine control systems that incorporate high speed data processing and multi-fuel capabilities including hydrogen. <img alt="Gas Turbine Market Share &amp; Size Report" data-mce-style="display: block; margin-left: auto; margin-right: auto;" height="400" src="https://ml.globenewswire.com/Resource/Download/6f88b176-02c9-49a4-bc5e-246c060803ef/gas-turbine-market.jpg" style="display:block; margin-left:auto; margin-right:auto;" width="600" data-dpi="96" data-filename="Gas-Turbine-Market.jpg" /> Download the Gas Turbine Market Sample Report: <a href="https://www.globenewswire.com/Tracker?data=udHZTZRBgkdr41K3QMgpVpORj6-CZjXzHgsagUz8dJwkFZhErH_nl6r9RB4ufg57mKvOzPluVWIHW6CP8SQlAk9slVtnIqZI-NQyhGUlICRO8r4fz15E6ZfCw0gmOJdzRmaKaf6XZcTdsthxaHROWeU66vYv39HF1T21kCcKCUM=" rel="nofollow" target="_blank" title="">https://www.snsinsider.com/sample-request/10983</a> Gas Turbine Market Key Highlights <ul type="disc"><li style="margin-top:0cm; margin-bottom:8pt;">Market size, 2025: USD 17.80 Billion</li><li style="margin-top:0cm; margin-bottom:8pt;">Market forecast, 2035: USD 30.10 Billion</li><li style="margin-top:0cm; margin-bottom:8pt;">CAGR: 5.40% from 2026 to 2035</li><li style="margin-top:0cm; margin-bottom:8pt;">Largest region: North America, with approximately 29.50% share in 2025</li><li style="margin-top:0cm; margin-bottom:8pt;">Fastest-growing region: Asia Pacific, at approximately 8.30% CAGR from 2026 to 2035</li><li style="margin-top:0cm; margin-bottom:8pt;">Largest technology: Aeroderivative, with 41.50% share in 2025</li><li style="margin-top:0cm; margin-bottom:8pt;">Fastest-growing technology: Light Industrial, at approximately 7.80% CAGR</li><li style="margin-top:0cm; margin-bottom:8pt;">Largest cycle: Combined Cycle, with 68.50% share in 2025</li><li style="margin-top:0cm; margin-bottom:8pt;">Fastest-growing cycle: Combined Cycle, at approximately 7.90% CAGR</li><li style="margin-top:0cm; margin-bottom:8pt;">Largest capacity: 100–300 MW, with 29.60% share in 2025</li><li style="margin-top:0cm; margin-bottom:8pt;">Fastest-growing capacity: Below 30 MW, at approximately 10.20% CAGR</li><li style="margin-top:0cm; margin-bottom:8pt;">Largest sector: Power Utilities, with 45.80% share in 2025</li><li style="margin-top:0cm; margin-bottom:8pt;">Fastest-growing sector: Data Centers, at approximately 11.20% CAGR</li></ul> Market Relevance Gas turbines continue to be significant for today’s electrical networks as they are capable of offering dispatchable energy production, fast startup and flexible operation that could potentially balance out non-dispatchable energy sources such as wind and solar power. The significance of gas turbines is growing due to increasing demand for electricity from data centers, industries, and urban areas. Simultaneously, companies producing turbines are working on hydrogen- and ammonia-fueled, digitized and mobile turbines. Gas Turbine Market Overview The Gas Turbine Market features a wide range of turbines, including aeroderivative turbines, light industrial turbines, and others, which are employed in such sectors as utility power generation, distributed generation, oil and gas production facilities, manufacturing, applications related to aviation, and increasingly in data centers. The aeroderivative turbines make up the largest technology segment due to their fast-start nature. Strategic Market Outlook Combustion technologies that can operate with hydrogen and ammonia are critical when it comes to offering solutions for gas turbine makers in helping to produce low-carbon electricity generation without replacing their whole thermal network. The development of combustion technologies that can burn increasing amounts of hydrogen and ammonia will be helpful for power producers who have plans to decarbonize. Gas Turbine Market Regional Analysis North America was the major contributor in the Gas Turbine Market with a market share of around 29.50% in 2025 due to the shift from coal to gas power generation, upgradations in thermal power plant systems, large shale gas reserves, and increase in electricity consumption in data centers owing to artificial intelligence. The U.S. Gas Turbine Market is estimated to be worth around USD 4.39 Billion in 2025 and is projected to grow at a rate of around 5.20% from 2026 to 2035 to reach approximately USD 7.42 Billion by 2035. Asia Pacific is expected to be the fastest growing region with a CAGR of around 8.30% from 2026 to 2035. This growth is driven by electricity consumption, urbanization, industrialization, and coal to gas transition policies in countries such as China, India, Japan, and Southeast Asia. China contributed about 23.00% to the Asia Pacific market in 2025 due to the growth of industry and the policies that reduce the dependency on coal. Buy the Gas Turbine Market Report with Competitive Analysis and 2035 Forecast: <a href="https://www.globenewswire.com/Tracker?data=udHZTZRBgkdr41K3QMgpVpORj6-CZjXzHgsagUz8dJwpPwgBf3UK-b4vVeAW9T35q9obd77OZ5US3xjxMx4ZXZt29T-_j9E5E1rkZqKTriDcqtePs7mnJm_R7ThSKSlXtxczj2UpymFvGKmqCHuuDg==" rel="nofollow" target="_blank" title="">https://www.snsinsider.com/checkout/10983</a> Gas Turbine Market Segment Analysis By Technology: The Aeroderivative Turbines held the largest market share in 2025 at about 41.50%, due to their fast start-ups and adaptability. On the other hand, Light Industrial Turbines have the highest growth rate at 7.80% CAGR, owing to their high demand in manufacturing, oil &amp; gas, distributed generation, and combined heat and power applications. By Cycle: Combined cycle segment had a share of about 68.50% in 2025, which was the highest amongst all types of cycles. Combined cycle has been identified as the fastest-growing segment of the cycles market, with a CAGR of about 7.90%. Combined-cycle systems enhance efficiency by using exhaust heat to produce more power. By Capacity: The 100-300 MW range held dominance with about 29.60% market share in 2025, owing to its appropriateness for utility-scale generation and optimal construction of combined-cycle power plants. Below 30 MW holds the fastest growth rate of 10.20% CAGR, driven by the need for modular, dual-fuel capable turbines. By Sector: Power Utilities were the leading segment with an approximate market share of 45.80% in 2025, owing to the adoption of advanced gas turbine systems that would replace coal and steam power generators. Data Centers have been identified as the fastest-growing category with an estimated 11.20% CAGR owing to the increasing AI computing and delays in grid connections. Gas Turbine Market Key Trends <ul type="disc"><li style="margin-top:0cm; margin-bottom:8pt;">Rising AI-driven data center power demand continues accelerating gas turbine order volumes worldwide.</li><li style="margin-top:0cm; margin-bottom:8pt;">Growing investment in hydrogen- and ammonia-ready combustion systems continues expanding lower-carbon turbine adoption.</li><li style="margin-top:0cm; margin-bottom:8pt;">Expanding coal-to-gas power plant conversions continue broadening demand for combined-cycle turbine installations.</li><li style="margin-top:0cm; margin-bottom:8pt;">Increasing use of AI-based predictive maintenance and digital twins continues extending turbine service intervals.</li><li style="margin-top:0cm; margin-bottom:8pt;">Growing turbine leasing and mobile aeroderivative deployment continues supporting rapid disaster-recovery and peak-demand response.</li></ul> Competitive Landscape The Gas Turbine Market comprises worldwide producers of turbines, power equipment vendors, energy firms, aeroderivative turbine manufacturers, and service firms that cater to the utilities, industrial, data center, oil &amp; gas, and distributed generation industries. Competitive differentiation is increasingly becoming dependent on thermal efficiency, fuel flexibility, hydrogen-ready capacity, digital controls, predictive maintenance capability, fast installation, service contracts, and performance over time. In 2026, Rostec launched the domestically produced GTD-110M gas turbine at the Udarnaya power station, increasing plant capacity to 560 MW. In 2026, Siemens Energy announced a USD 1 Billion investment to expand gas turbine and grid equipment manufacturing capacity across multiple U.S. states. In 2026, Mitsubishi Power secured a contract to supply hydrogen-ready M701JAC gas turbines for a major independent water and power project near Doha, Qatar. Major key players include GE Vernova Inc., Siemens Energy AG, Mitsubishi Power, Ltd., Ansaldo Energia S.p.A., Solar Turbines Incorporated, Kawasaki Heavy Industries, Ltd., Doosan Enerbility Co., Ltd., Bharat Heavy Electricals Limited, OPRA Turbines B.V., Rolls-Royce Holdings plc, Vericor Power Systems LLC, Wärtsilä Corporation, Harbin Electric International Company Limited, MAN Energy Solutions SE, United Engine Corporation (NPO Saturn), Capstone Green Energy Corporation, Cryostar SAS, Zorya-Mashproekt, IHI Corporation, Baker Hughes Company Explore the Complete Gas Turbine Market Report: <a href="https://www.globenewswire.com/Tracker?data=udHZTZRBgkdr41K3QMgpVpORj6-CZjXzHgsagUz8dJzalP6Av8AOlOktVyEeTN-Lf86KcKqgJOlwwDJTylk_XvGof1tkEIJLNu0-YiVPH7BKO5u9OBscN4oqvbp-6YrUOBwa0aAYgNVNtsP9mPPFC991i0ai8EwnO3VPF23R_Z0fFCuzRwQdB0z_Mqv_aCUfHuYA4o515ThMHcN6ve9aUg==" rel="nofollow" target="_blank" title="">https://www.snsinsider.com/reports/gas-turbine-market-10983</a> About Us: SNS Insider is one of the leading market research and consulting agencies that dominates the market research industry globally. Our company's aim is to give clients the knowledge they require in order to function in changing circumstances. In order to give you current, accurate market data, consumer insights, and opinions so that you can make decisions with confidence, we employ a variety of techniques, including surveys, video talks, and focus groups around the world. <pre>CONTACT: Contact Us:
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Gas Turbine Market to Grow from USD 17.80 Billion in 2025 to USD 30.10 Billion by 2035 – Research by SNS Insider

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