Gas turbines are an internal combustion engine used to generate energy from natural gas and other liquids. By 2027, the market for gas turbines is forecast to reach 29.5 billion U.S. dollars in size. Gas turbine market growth is partially stimulated by governments and business leaders looking to reduce their carbon footprint as natural gas has a lower carbon intensity than other conventional fuel types.
Forecasted gas turbine market value worldwide from 2017 to 2027 (in million U.S. dollars)
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The Insight Partners. (June 25, 2020). Forecasted gas turbine market value worldwide from 2017 to 2027 (in million U.S. dollars) [Graph]. In Statista. Retrieved April 23, 2024, from https://www.statista.com/statistics/427273/global-gas-turbine-market-size/
The Insight Partners. "Forecasted gas turbine market value worldwide from 2017 to 2027 (in million U.S. dollars)." Chart. June 25, 2020. Statista. Accessed April 23, 2024. https://www.statista.com/statistics/427273/global-gas-turbine-market-size/
The Insight Partners. (2020). Forecasted gas turbine market value worldwide from 2017 to 2027 (in million U.S. dollars). Statista. Statista Inc.. Accessed: April 23, 2024. https://www.statista.com/statistics/427273/global-gas-turbine-market-size/
The Insight Partners. "Forecasted Gas Turbine Market Value Worldwide from 2017 to 2027 (in Million U.S. Dollars)." Statista, Statista Inc., 25 Jun 2020, https://www.statista.com/statistics/427273/global-gas-turbine-market-size/
The Insight Partners, Forecasted gas turbine market value worldwide from 2017 to 2027 (in million U.S. dollars) Statista, https://www.statista.com/statistics/427273/global-gas-turbine-market-size/ (last visited April 23, 2024)
Forecasted gas turbine market value worldwide from 2017 to 2027 (in million U.S. dollars) [Graph], The Insight Partners, June 25, 2020. [Online]. Available: https://www.statista.com/statistics/427273/global-gas-turbine-market-size/