2023-2029 Global Combined Cycle Gas Turbine Industry Research & Trends Analysis Report
2023-2029 Global Combined Cycle Gas Turbine Industry Research & Trends Analysis Report
Insights into the Combined Cycle Gas Turbine Market include supply chain optimization, Combined Cycle Gas Turbine challenges, and growth forecasts segmented by region and service type.
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According to the latest research analysis,the global market for Combined Cycle Gas Turbine should grow from US$ million in 2022 to US$ million by 2029, with a CAGR of % for the period of 2023-2029.
China Combined Cycle Gas Turbine market should grow from US$ million in 2022 to US$ million by 2029, with a CAGR of % for the period of 2023-2029.
The United States Combined Cycle Gas Turbine market should grow from US$ million in 2022 to US$ million by 2029, with a CAGR of % for the period of 2023-2029.
In terms of type, Axial Flow segment holds a share about % in 2022 and will reach % in 2029; while in terms of application, Car has a share approximately % in 2022 and will grow at a CAGR % during 2023 and 2029.
The global key manufacturers of Combined Cycle Gas Turbine include GE, Siemens, Kawasaki Heavy Industries, Ltd., Mitsubishi Power, Solar Turbines, Doosan Corp and Shanghai Electric Group Co., Ltd., etc. In 2022, the global top five players hold a share approximately % in terms of revenue.
This report aims to provide a comprehensive study of the global market for Combined Cycle Gas Turbine.
Data-Driven Insights: Highlights from Our Report
(1) Global Combined Cycle Gas Turbine market size (sales volume & revenue), history data from 2018-2022 and forecast data from 2023 to 2029.
(2) Global Combined Cycle Gas Turbine market competitive situation, sales, revenue, price and market share, from 2018 to 2022.
(3) China Combined Cycle Gas Turbine market competitive situation, sales, revenue, price and market share, from 2018 to 2022.
(4) Global Combined Cycle Gas Turbine segment by region (or country), key regions cover the United States, Europe, Japan, South Korea, Southeast Asia and India, etc.
(5) Global Combined Cycle Gas Turbine segment by type and by application and regional segment by type and by application.
(6) Global major production regions of Combined Cycle Gas Turbine, capacity, production and trends.
(7) Combined Cycle Gas Turbine industry supply chain, upstream, midstream and downstream analysis.
Breaking Down Market Segments by Region: A Deep Dive Analysis
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia, Italy and Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Australia and Rest of Asia-Pacific)
South America (Brazil, Rest of South America)
Middle East & Africa
Understanding Market Segments by Type: A Comparative Analysis
Axial Flow
Radial Flow
Market Segmentation by Application: Dividing Key Markets and Identifying Opportunities
Car
Ship
Electricity
Military Industry
Understanding Market Segments by Key Players: Insights and Opportunities
GE
Siemens
Kawasaki Heavy Industries, Ltd.
Mitsubishi Power
Solar Turbines
Doosan Corp
Shanghai Electric Group Co., Ltd.
1 Market Overview
1.1 Combined Cycle Gas Turbine Definition
1.2 Global Combined Cycle Gas Turbine Market Size and Forecast
1.2.1 By Revenue, Global Combined Cycle Gas Turbine Market Size, 2018-2029
1.2.2 By Sales Volume, Global Combined Cycle Gas Turbine Market Size, 2018-2029
1.2.3 Global Combined Cycle Gas Turbine Price Trend, 2018-2029
1.3 China Combined Cycle Gas Turbine Market Size and Forecast
1.3.1 By Revenue, China Combined Cycle Gas Turbine Market Size, 2018-2029
1.3.2 By Sales Volume, China Combined Cycle Gas Turbine Market Size, 2018-2029
1.3.3 China Combined Cycle Gas Turbine Price Trend, 2018-2029
1.4 China Percentage in Global Market
1.4.1 By Revenue, China Combined Cycle Gas Turbine Share in Global Market, 2018-2029
1.4.2 By Sales Volume, China Combined Cycle Gas Turbine Share in Global Market, 2018-2029
1.4.3 Combined Cycle Gas Turbine Market Size: China VS Global, 2018-2029
1.5 Combined Cycle Gas Turbine Market Dynamics
1.5.1 Combined Cycle Gas Turbine Market Drivers
1.5.2 Combined Cycle Gas Turbine Market Restraints
1.5.3 Combined Cycle Gas Turbine Industry Trends
1.5.4 Combined Cycle Gas Turbine Industry Policy
2 Global Competitive Landscape by Company
2.1 Global Combined Cycle Gas Turbine Revenue by Company, 2018-2023
2.2 Global Combined Cycle Gas Turbine Sales Volume by Company, 2018-2023
2.3 Global Combined Cycle Gas Turbine Price by Company, 2018-2023
2.4 Global Combined Cycle Gas Turbine Participants, Market Position (Tier 1, Tier 2 and Tier 3)
2.5 Global Combined Cycle Gas Turbine Concentration Ratio
2.6 Global Combined Cycle Gas Turbine Mergers & Acquisitions, Expansion Plans
2.7 Global Combined Cycle Gas Turbine Manufacturers Product Type
3 China Competitive Landscape by Company
3.1 China Combined Cycle Gas Turbine Revenue by Company, 2018-2023
3.2 China Combined Cycle Gas Turbine Sales Volume by Company, 2018-2023
3.3 China Combined Cycle Gas Turbine Combined Cycle Gas Turbine Participants, Market Position (Tier 1, Tier 2 and Tier 3)
3.4 China Combined Cycle Gas Turbine Market, Sales Percentage of Local Players VS Foreign Players (2018-2023)
3.5 Chinese Local Players, Combined Cycle Gas Turbine Domestic VS Export
3.6 China Market, Combined Cycle Gas Turbine Import & Export
3.6.1 China Market, Combined Cycle Gas Turbine Import & Export, 2018-2029
3.6.2 China Combined Cycle Gas Turbine Import & Export Trends
3.6.3 Main Sources of China Combined Cycle Gas Turbine Import
3.6.4 Export Destination of China Combined Cycle Gas Turbine
4 Combined Cycle Gas Turbine Production by Region
4.1 Global Combined Cycle Gas Turbine Capacity, Production and Capacity Utilization, 2018-2029
4.2 Global Geographic Distribution of Combined Cycle Gas Turbine Manufacturers
4.3 Global Major Manufacturers, Combined Cycle Gas Turbine Capacity Expansion and Future Plans
4.4 Global Combined Cycle Gas Turbine Capacity by Region
4.5 Global Combined Cycle Gas Turbine Production by Region
4.5.1 Global Combined Cycle Gas Turbine Production & Forecast by Region, 2018 VS 2022 VS 2029
4.5.2 Global Combined Cycle Gas Turbine Production by Region, 2018-2023
4.5.3 Global Combined Cycle Gas Turbine Production Market Share & Forecast by Region, 2018-2029
5 Industry Chain Analysis
5.1 Combined Cycle Gas Turbine Industry Chain
5.2 Combined Cycle Gas Turbine Upstream Analysis
5.2.1 Combined Cycle Gas Turbine Core Raw Materials
5.2.2 Main Manufacturers of Combined Cycle Gas Turbine Core Raw Materials
5.3 Midstream Analysis
5.4 Downstream Analysis
5.5 Combined Cycle Gas Turbine Production Mode
5.6 Combined Cycle Gas Turbine Procurement Model
5.7 Combined Cycle Gas Turbine Industry Sales Model and Sales Channels
5.7.1 Combined Cycle Gas Turbine Sales Model
5.7.2 Combined Cycle Gas Turbine Typical Distributors
6 Sights by Type
6.1 Combined Cycle Gas Turbine Classification
6.1.1 Axial Flow
6.1.2 Radial Flow
6.2 By Type, Global Combined Cycle Gas Turbine Market Size & CAGR, 2018 VS 2022 VS 2029
6.3 By Type, Global Combined Cycle Gas Turbine Revenue, 2018-2029
6.4 By Type, Global Combined Cycle Gas Turbine Sales Volume, 2018-2029
6.5 By Type, Global Combined Cycle Gas Turbine Price, 2018-2029
7 Sights by Application
7.1 Combined Cycle Gas Turbine Segment by Application
7.1.1 Car
7.1.2 Ship
7.1.3 Electricity
7.1.4 Military Industry
7.2 By Application, Global Combined Cycle Gas Turbine Market Size & CAGR, 2018 VS 2022 VS 2029
7.3 By Application, Global Combined Cycle Gas Turbine Revenue, 2018-2029
7.4 By Application, Global Combined Cycle Gas Turbine Sales Volume, 2018-2029
7.5 By Application, Global Combined Cycle Gas Turbine Price, 2018-2029
8 Sales Sights by Region
8.1 By Region, Global Combined Cycle Gas Turbine Market Size, 2018 VS 2022 VS 2029
8.2 By Region, Global Combined Cycle Gas Turbine Revenue, 2018-2029
8.3 By Region, Global Combined Cycle Gas Turbine Sales Volume, 2018-2029
8.4 North America
8.4.1 North America Combined Cycle Gas Turbine Market Size & Forecasts, 2018-2029
8.4.2 By Country, North America Combined Cycle Gas Turbine Market Size Market Share
8.5 Europe
8.5.1 Europe Combined Cycle Gas Turbine Market Size & Forecasts, 2018-2029
8.5.2 By Country, Europe Combined Cycle Gas Turbine Market Size Market Share
8.6 Asia Pacific
8.6.1 Asia Pacific Combined Cycle Gas Turbine Market Size & Forecasts, 2018-2029
8.6.2 By Country/Region, Asia Pacific Combined Cycle Gas Turbine Market Size Market Share
8.7 South America
8.7.1 South America Combined Cycle Gas Turbine Market Size & Forecasts, 2018-2029
8.7.2 By Country, South America Combined Cycle Gas Turbine Market Size Market Share
8.8 Middle East & Africa
9 Sales Sights by Country Level
9.1 By Country, Global Combined Cycle Gas Turbine Market Size & CAGR，2018 VS 2022 VS 2029
9.2 By Country, Global Combined Cycle Gas Turbine Revenue, 2018-2029
9.3 By Country, Global Combined Cycle Gas Turbine Sales Volume, 2018-2029
9.4 U.S.
9.4.1 U.S. Combined Cycle Gas Turbine Market Size, 2018-2029
9.4.2 By Company, U.S. Combined Cycle Gas Turbine Sales Volume Market Share, 2022
9.4.3 By Type, U.S. Combined Cycle Gas Turbine Market Size, Share, 2022 VS 2029
9.4.4 By Application, U.S. Combined Cycle Gas Turbine Market Size, Share, 2022 VS 2029
9.5 Europe
9.5.1 Europe Combined Cycle Gas Turbine Market Size, 2018-2029
9.5.2 By Company, Europe Combined Cycle Gas Turbine Sales Volume Market Share, 2022
9.5.3 By Type, Europe Combined Cycle Gas Turbine Market Size, Share, 2022 VS 2029
9.5.4 By Application, Europe Combined Cycle Gas Turbine Market Size, Share, 2022 VS 2029
9.6 China
9.6.1 China Combined Cycle Gas Turbine Market Size, 2018-2029
9.6.2 By Company, China Combined Cycle Gas Turbine Sales Volume Market Share, 2022
9.6.3 By Type, China Combined Cycle Gas Turbine Market Size, Share, 2022 VS 2029
9.6.4 By Application, China Combined Cycle Gas Turbine Market Size, Share, 2022 VS 2029
9.7 Japan
9.7.1 Japan Combined Cycle Gas Turbine Market Size, 2018-2029
9.7.2 By Company, Japan Combined Cycle Gas Turbine Sales Volume Market Share, 2022
9.7.3 By Type, Japan Combined Cycle Gas Turbine Market Size, Share, 2022 VS 2029
9.7.4 By Application, Japan Combined Cycle Gas Turbine Market Size, Share, 2022 VS 2029
9.8 South Korea
9.8.1 South Korea Combined Cycle Gas Turbine Market Size, 2018-2029
9.8.2 By Company, South Korea Combined Cycle Gas Turbine Sales Volume Market Share, 2022
9.8.3 By Type, South Korea Combined Cycle Gas Turbine Market Size, Share, 2022 VS 2029
9.8.4 By Application, South Korea Combined Cycle Gas Turbine Market Size, Share, 2022 VS 2029
9.9 Southeast Asia
9.9.1 Southeast Asia Combined Cycle Gas Turbine Market Size, 2018-2029
9.9.2 By Company, Southeast Asia Combined Cycle Gas Turbine Sales Volume Market Share, 2022
9.9.3 By Type, Southeast Asia Combined Cycle Gas Turbine Market Size, Share, 2022 VS 2029
9.9.4 By Application, Southeast Asia Combined Cycle Gas Turbine Market Size, Share, 2022 VS 2029
9.10 India
9.10.1 India Combined Cycle Gas Turbine Market Size, 2018-2029
9.10.2 By Company, India Combined Cycle Gas Turbine Sales Volume Market Share, 2022
9.10.3 By Type, India Combined Cycle Gas Turbine Market Size, Share, 2022 VS 2029
9.10.4 By Application, India Combined Cycle Gas Turbine Market Size, Share, 2022 VS 2029
9.11 Middle East & Asia
9.11.1 Middle East & Asia Combined Cycle Gas Turbine Market Size, 2018-2029
9.11.2 By Company, Middle East & Asia Combined Cycle Gas Turbine Sales Volume Market Share, 2022
9.11.3 By Type, Middle East & Asia Combined Cycle Gas Turbine Market Size, Share, 2022 VS 2029
9.11.4 By Application, Middle East & Asia Combined Cycle Gas Turbine Market Size, Share, 2022 VS 2029
10 Manufacturers Profile
10.1 GE
10.1.1 GE Company Information, Head Office, Market Area and Industry Position
10.1.2 GE Combined Cycle Gas Turbine Models, Specifications and Application
10.1.3 GE Combined Cycle Gas Turbine Sales Volume, Revenue, Price and Gross Margin, 2018-2023
10.1.4 GE Company Profile and Main Business
10.1.5 GE Recent Developments
10.2 Siemens
10.2.1 Siemens Company Information, Head Office, Market Area and Industry Position
10.2.2 Siemens Combined Cycle Gas Turbine Models, Specifications and Application
10.2.3 Siemens Combined Cycle Gas Turbine Sales Volume, Revenue, Price and Gross Margin, 2018-2023
10.2.4 Siemens Company Profile and Main Business
10.2.5 Siemens Recent Developments
10.3 Kawasaki Heavy Industries, Ltd.
10.3.1 Kawasaki Heavy Industries, Ltd. Company Information, Head Office, Market Area and Industry Position
10.3.2 Kawasaki Heavy Industries, Ltd. Combined Cycle Gas Turbine Models, Specifications and Application
10.3.3 Kawasaki Heavy Industries, Ltd. Combined Cycle Gas Turbine Sales Volume, Revenue, Price and Gross Margin, 2018-2023
10.3.4 Kawasaki Heavy Industries, Ltd. Company Profile and Main Business
10.3.5 Kawasaki Heavy Industries, Ltd. Recent Developments
10.4 Mitsubishi Power
10.4.1 Mitsubishi Power Company Information, Head Office, Market Area and Industry Position
10.4.2 Mitsubishi Power Combined Cycle Gas Turbine Models, Specifications and Application
10.4.3 Mitsubishi Power Combined Cycle Gas Turbine Sales Volume, Revenue, Price and Gross Margin, 2018-2023
10.4.4 Mitsubishi Power Company Profile and Main Business
10.4.5 Mitsubishi Power Recent Developments
10.5 Solar Turbines
10.5.1 Solar Turbines Company Information, Head Office, Market Area and Industry Position
10.5.2 Solar Turbines Combined Cycle Gas Turbine Models, Specifications and Application
10.5.3 Solar Turbines Combined Cycle Gas Turbine Sales Volume, Revenue, Price and Gross Margin, 2018-2023
10.5.4 Solar Turbines Company Profile and Main Business
10.5.5 Solar Turbines Recent Developments
10.6 Doosan Corp
10.6.1 Doosan Corp Company Information, Head Office, Market Area and Industry Position
10.6.2 Doosan Corp Combined Cycle Gas Turbine Models, Specifications and Application
10.6.3 Doosan Corp Combined Cycle Gas Turbine Sales Volume, Revenue, Price and Gross Margin, 2018-2023
10.6.4 Doosan Corp Company Profile and Main Business
10.6.5 Doosan Corp Recent Developments
10.7 Shanghai Electric Group Co., Ltd.
10.7.1 Shanghai Electric Group Co., Ltd. Company Information, Head Office, Market Area and Industry Position
10.7.2 Shanghai Electric Group Co., Ltd. Combined Cycle Gas Turbine Models, Specifications and Application
10.7.3 Shanghai Electric Group Co., Ltd. Combined Cycle Gas Turbine Sales Volume, Revenue, Price and Gross Margin, 2018-2023
10.7.4 Shanghai Electric Group Co., Ltd. Company Profile and Main Business
10.7.5 Shanghai Electric Group Co., Ltd. Recent Developments
11 Conclusion
12 Appendix
12.1 Research Methodology
12.2 Data Source
12.2.1 Secondary Sources
12.2.2 Primary Sources
12.3 Market Estimation Model
12.4 Disclaimer
Research Methodology:
Combined Cycle Gas Turbine Market Size Estimation
To estimate market size and trends, we use a combination of top-down and bottom-up methods. This allows us to evaluate the market from various perspectives—by company, region, product type, and end users.
Our estimates are based on actual sales data, excluding any discounts. Segment breakdowns and market shares are calculated using weighted averages based on usage rates and average prices. Regional insights are determined by how widely a product or service is adopted in each area.
Key companies are identified through secondary sources like industry reports and company filings. We then verify revenue estimates and other key data points through primary research, including interviews with industry experts, company executives, and decision-makers.
We take into account all relevant factors that could influence the market and validate our findings with real-world input. Our final insights combine both qualitative and quantitative data to provide a well-rounded view. Please note, these estimates do not account for unexpected changes such as inflation, economic downturns, or policy shifts.
Data Source
Secondary Sources
This study draws on a wide range of secondary sources, including press releases, annual reports, non-profit organizations, industry associations, government agencies, and customs data. We also referred to reputable databases and directories such as Bloomberg, Wind Info, Hoovers, Factiva, Trading Economics, Statista, and others. Additional references include investor presentations, company filings (e.g., SEC), economic data, and documents from regulatory and industry bodies.
These sources were used to gather technical and market-focused insights, identify key players, analyze market segmentation and classification, and track major trends and developments across industries.
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Primary Sources
As part of our primary research, we interviewed a variety of stakeholders from both the supply and demand sides to gather valuable qualitative and quantitative insights.
On the supply side, we spoke with product manufacturers, competitors, industry experts, research institutions, distributors, traders, and raw material suppliers. On the demand side, we engaged with business leaders, marketing and sales heads, technology and innovation directors, supply chain executives, and end users across key organizations.
These conversations helped us better understand market segmentation, pricing, applications, leading players, supply chains, demand trends, industry outlook, and key market dynamics—including risks, opportunities, barriers, and strategic developments.
Key Data Information from Primary Sources
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