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Machinery & Equipment Global Gas Turbine and Steam Turbine and Compressors Market 2026 by Manufacturers, Regions, Type and Application, Forecast to 2032

  • RnM4668368
    • |
  • 22 January, 2026
    • |
  • Global
    • |
  • 133 Pages
    • |
  • GIR
    • |
  • Machinery & Equipment

According to our (Global Info Research) latest study, the global Gas Turbine and Steam Turbine and Compressors market size was valued at US$ million in 2025 and is forecast to a readjusted size of US$ million by 2032 with a CAGR of %during review period.
A gas turbine, also known as a combustion turbine, is a type of internal combustion engine used for power generation and propulsion. It operates on the principle of converting the energy of high-pressure and high-temperature gases into mechanical work through the rotation of a turbine
A steam turbine is a mechanical device that converts the thermal energy of steam into mechanical work by using the principles of thermodynamics and rotary motion. It is commonly used for power generation in steam power plants.
Compressors are mechanical devices used to increase the pressure of a gas by reducing its volume. They play a crucial role in various applications, including refrigeration, air conditioning, gas processing, and power generation.
In the China market, the core manufacturers of Gas Turbine and Steam Turbine and Compressors (GSTC) are mainly companies such as GE, Oriental Electronics, and Siemens. The top four players in this industry account for about 80% of the market share. The product can be classified into gas turbine, steam turbine and compressor based on the type of product. It is widely used in power generation, steel mills and other industries.
This report is a detailed and comprehensive analysis for global Gas Turbine and Steam Turbine and Compressors market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Gas Turbine and Steam Turbine and Compressors market size and forecasts, in consumption value ($ Million), sales quantity (MW), and average selling prices (US$/KW), 2021-2032
Global Gas Turbine and Steam Turbine and Compressors market size and forecasts by region and country, in consumption value ($ Million), sales quantity (MW), and average selling prices (US$/KW), 2021-2032
Global Gas Turbine and Steam Turbine and Compressors market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (MW), and average selling prices (US$/KW), 2021-2032
Global Gas Turbine and Steam Turbine and Compressors market shares of main players, shipments in revenue ($ Million), sales quantity (MW), and ASP (US$/KW), 2021-2026
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Gas Turbine and Steam Turbine and Compressors
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Gas Turbine and Steam Turbine and Compressors market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include GE, Siemens, Ansaldo, Solar Turbines, MHI, Dongfang Electric, Shanghai Electric, Harbin Electric, Hangzhou Turbine, Atlas Copco, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Gas Turbine and Steam Turbine and Compressors market is split by Type and by Application. For the period 2021-2032, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Gas Turbine
Steam Turbine
Compressors
Market segment by Application
Power Generation
Steel Mill
Others
Major players covered
GE
Siemens
Ansaldo
Solar Turbines
MHI
Dongfang Electric
Shanghai Electric
Harbin Electric
Hangzhou Turbine
Atlas Copco
Kaishan Group
Hanbell
Ingersoll Rand
Ningbo Baosi
East Asia Machinery
Hitachi
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Gas Turbine and Steam Turbine and Compressors product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Gas Turbine and Steam Turbine and Compressors, with price, sales quantity, revenue, and global market share of Gas Turbine and Steam Turbine and Compressors from 2021 to 2026.
Chapter 3, the Gas Turbine and Steam Turbine and Compressors competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Gas Turbine and Steam Turbine and Compressors breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2021 to 2032.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2021 to 2032.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2021 to 2026.and Gas Turbine and Steam Turbine and Compressors market forecast, by regions, by Type, and by Application, with sales and revenue, from 2027 to 2032.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Gas Turbine and Steam Turbine and Compressors.
Chapter 14 and 15, to describe Gas Turbine and Steam Turbine and Compressors sales channel, distributors, customers, research findings and conclusion.


1 Market Overview

  • 1.1 Product Overview and Scope
  • 1.2 Market Estimation Caveats and Base Year
  • 1.3 Market Analysis by Type
    • 1.3.1 Overview: Global Gas Turbine and Steam Turbine and Compressors Consumption Value by Type: 2021 Versus 2025 Versus 2032
    • 1.3.2 Gas Turbine
    • 1.3.3 Steam Turbine
    • 1.3.4 Compressors
  • 1.4 Market Analysis by Application
    • 1.4.1 Overview: Global Gas Turbine and Steam Turbine and Compressors Consumption Value by Application: 2021 Versus 2025 Versus 2032
    • 1.4.2 Power Generation
    • 1.4.3 Steel Mill
    • 1.4.4 Others
  • 1.5 Global Gas Turbine and Steam Turbine and Compressors Market Size & Forecast
    • 1.5.1 Global Gas Turbine and Steam Turbine and Compressors Consumption Value (2021 & 2025 & 2032)
    • 1.5.2 Global Gas Turbine and Steam Turbine and Compressors Sales Quantity (2021-2032)
    • 1.5.3 Global Gas Turbine and Steam Turbine and Compressors Average Price (2021-2032)

2 Manufacturers Profiles

  • 2.1 GE
    • 2.1.1 GE Details
    • 2.1.2 GE Major Business
    • 2.1.3 GE Gas Turbine and Steam Turbine and Compressors Product and Services
    • 2.1.4 GE Gas Turbine and Steam Turbine and Compressors Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.1.5 GE Recent Developments/Updates
  • 2.2 Siemens
    • 2.2.1 Siemens Details
    • 2.2.2 Siemens Major Business
    • 2.2.3 Siemens Gas Turbine and Steam Turbine and Compressors Product and Services
    • 2.2.4 Siemens Gas Turbine and Steam Turbine and Compressors Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.2.5 Siemens Recent Developments/Updates
  • 2.3 Ansaldo
    • 2.3.1 Ansaldo Details
    • 2.3.2 Ansaldo Major Business
    • 2.3.3 Ansaldo Gas Turbine and Steam Turbine and Compressors Product and Services
    • 2.3.4 Ansaldo Gas Turbine and Steam Turbine and Compressors Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.3.5 Ansaldo Recent Developments/Updates
  • 2.4 Solar Turbines
    • 2.4.1 Solar Turbines Details
    • 2.4.2 Solar Turbines Major Business
    • 2.4.3 Solar Turbines Gas Turbine and Steam Turbine and Compressors Product and Services
    • 2.4.4 Solar Turbines Gas Turbine and Steam Turbine and Compressors Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.4.5 Solar Turbines Recent Developments/Updates
  • 2.5 MHI
    • 2.5.1 MHI Details
    • 2.5.2 MHI Major Business
    • 2.5.3 MHI Gas Turbine and Steam Turbine and Compressors Product and Services
    • 2.5.4 MHI Gas Turbine and Steam Turbine and Compressors Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.5.5 MHI Recent Developments/Updates
  • 2.6 Dongfang Electric
    • 2.6.1 Dongfang Electric Details
    • 2.6.2 Dongfang Electric Major Business
    • 2.6.3 Dongfang Electric Gas Turbine and Steam Turbine and Compressors Product and Services
    • 2.6.4 Dongfang Electric Gas Turbine and Steam Turbine and Compressors Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.6.5 Dongfang Electric Recent Developments/Updates
  • 2.7 Shanghai Electric
    • 2.7.1 Shanghai Electric Details
    • 2.7.2 Shanghai Electric Major Business
    • 2.7.3 Shanghai Electric Gas Turbine and Steam Turbine and Compressors Product and Services
    • 2.7.4 Shanghai Electric Gas Turbine and Steam Turbine and Compressors Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.7.5 Shanghai Electric Recent Developments/Updates
  • 2.8 Harbin Electric
    • 2.8.1 Harbin Electric Details
    • 2.8.2 Harbin Electric Major Business
    • 2.8.3 Harbin Electric Gas Turbine and Steam Turbine and Compressors Product and Services
    • 2.8.4 Harbin Electric Gas Turbine and Steam Turbine and Compressors Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.8.5 Harbin Electric Recent Developments/Updates
  • 2.9 Hangzhou Turbine
    • 2.9.1 Hangzhou Turbine Details
    • 2.9.2 Hangzhou Turbine Major Business
    • 2.9.3 Hangzhou Turbine Gas Turbine and Steam Turbine and Compressors Product and Services
    • 2.9.4 Hangzhou Turbine Gas Turbine and Steam Turbine and Compressors Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.9.5 Hangzhou Turbine Recent Developments/Updates
  • 2.10 Atlas Copco
    • 2.10.1 Atlas Copco Details
    • 2.10.2 Atlas Copco Major Business
    • 2.10.3 Atlas Copco Gas Turbine and Steam Turbine and Compressors Product and Services
    • 2.10.4 Atlas Copco Gas Turbine and Steam Turbine and Compressors Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.10.5 Atlas Copco Recent Developments/Updates
  • 2.11 Kaishan Group
    • 2.11.1 Kaishan Group Details
    • 2.11.2 Kaishan Group Major Business
    • 2.11.3 Kaishan Group Gas Turbine and Steam Turbine and Compressors Product and Services
    • 2.11.4 Kaishan Group Gas Turbine and Steam Turbine and Compressors Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.11.5 Kaishan Group Recent Developments/Updates
  • 2.12 Hanbell
    • 2.12.1 Hanbell Details
    • 2.12.2 Hanbell Major Business
    • 2.12.3 Hanbell Gas Turbine and Steam Turbine and Compressors Product and Services
    • 2.12.4 Hanbell Gas Turbine and Steam Turbine and Compressors Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.12.5 Hanbell Recent Developments/Updates
  • 2.13 Ingersoll Rand
    • 2.13.1 Ingersoll Rand Details
    • 2.13.2 Ingersoll Rand Major Business
    • 2.13.3 Ingersoll Rand Gas Turbine and Steam Turbine and Compressors Product and Services
    • 2.13.4 Ingersoll Rand Gas Turbine and Steam Turbine and Compressors Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.13.5 Ingersoll Rand Recent Developments/Updates
  • 2.14 Ningbo Baosi
    • 2.14.1 Ningbo Baosi Details
    • 2.14.2 Ningbo Baosi Major Business
    • 2.14.3 Ningbo Baosi Gas Turbine and Steam Turbine and Compressors Product and Services
    • 2.14.4 Ningbo Baosi Gas Turbine and Steam Turbine and Compressors Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.14.5 Ningbo Baosi Recent Developments/Updates
  • 2.15 East Asia Machinery
    • 2.15.1 East Asia Machinery Details
    • 2.15.2 East Asia Machinery Major Business
    • 2.15.3 East Asia Machinery Gas Turbine and Steam Turbine and Compressors Product and Services
    • 2.15.4 East Asia Machinery Gas Turbine and Steam Turbine and Compressors Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.15.5 East Asia Machinery Recent Developments/Updates
  • 2.16 Hitachi
    • 2.16.1 Hitachi Details
    • 2.16.2 Hitachi Major Business
    • 2.16.3 Hitachi Gas Turbine and Steam Turbine and Compressors Product and Services
    • 2.16.4 Hitachi Gas Turbine and Steam Turbine and Compressors Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.16.5 Hitachi Recent Developments/Updates

3 Competitive Environment: Gas Turbine and Steam Turbine and Compressors by Manufacturer

  • 3.1 Global Gas Turbine and Steam Turbine and Compressors Sales Quantity by Manufacturer (2021-2026)
  • 3.2 Global Gas Turbine and Steam Turbine and Compressors Revenue by Manufacturer (2021-2026)
  • 3.3 Global Gas Turbine and Steam Turbine and Compressors Average Price by Manufacturer (2021-2026)
  • 3.4 Market Share Analysis (2025)
    • 3.4.1 Producer Shipments of Gas Turbine and Steam Turbine and Compressors by Manufacturer Revenue ($MM) and Market Share (%): 2025
    • 3.4.2 Top 3 Gas Turbine and Steam Turbine and Compressors Manufacturer Market Share in 2025
    • 3.4.3 Top 6 Gas Turbine and Steam Turbine and Compressors Manufacturer Market Share in 2025
  • 3.5 Gas Turbine and Steam Turbine and Compressors Market: Overall Company Footprint Analysis
    • 3.5.1 Gas Turbine and Steam Turbine and Compressors Market: Region Footprint
    • 3.5.2 Gas Turbine and Steam Turbine and Compressors Market: Company Product Type Footprint
    • 3.5.3 Gas Turbine and Steam Turbine and Compressors Market: Company Product Application Footprint
  • 3.6 New Market Entrants and Barriers to Market Entry
  • 3.7 Mergers, Acquisition, Agreements, and Collaborations

4 Consumption Analysis by Region

  • 4.1 Global Gas Turbine and Steam Turbine and Compressors Market Size by Region
    • 4.1.1 Global Gas Turbine and Steam Turbine and Compressors Sales Quantity by Region (2021-2032)
    • 4.1.2 Global Gas Turbine and Steam Turbine and Compressors Consumption Value by Region (2021-2032)
    • 4.1.3 Global Gas Turbine and Steam Turbine and Compressors Average Price by Region (2021-2032)
  • 4.2 North America Gas Turbine and Steam Turbine and Compressors Consumption Value (2021-2032)
  • 4.3 Europe Gas Turbine and Steam Turbine and Compressors Consumption Value (2021-2032)
  • 4.4 Asia-Pacific Gas Turbine and Steam Turbine and Compressors Consumption Value (2021-2032)
  • 4.5 South America Gas Turbine and Steam Turbine and Compressors Consumption Value (2021-2032)
  • 4.6 Middle East & Africa Gas Turbine and Steam Turbine and Compressors Consumption Value (2021-2032)

5 Market Segment by Type

  • 5.1 Global Gas Turbine and Steam Turbine and Compressors Sales Quantity by Type (2021-2032)
  • 5.2 Global Gas Turbine and Steam Turbine and Compressors Consumption Value by Type (2021-2032)
  • 5.3 Global Gas Turbine and Steam Turbine and Compressors Average Price by Type (2021-2032)

6 Market Segment by Application

  • 6.1 Global Gas Turbine and Steam Turbine and Compressors Sales Quantity by Application (2021-2032)
  • 6.2 Global Gas Turbine and Steam Turbine and Compressors Consumption Value by Application (2021-2032)
  • 6.3 Global Gas Turbine and Steam Turbine and Compressors Average Price by Application (2021-2032)

7 North America

  • 7.1 North America Gas Turbine and Steam Turbine and Compressors Sales Quantity by Type (2021-2032)
  • 7.2 North America Gas Turbine and Steam Turbine and Compressors Sales Quantity by Application (2021-2032)
  • 7.3 North America Gas Turbine and Steam Turbine and Compressors Market Size by Country
    • 7.3.1 North America Gas Turbine and Steam Turbine and Compressors Sales Quantity by Country (2021-2032)
    • 7.3.2 North America Gas Turbine and Steam Turbine and Compressors Consumption Value by Country (2021-2032)
    • 7.3.3 United States Market Size and Forecast (2021-2032)
    • 7.3.4 Canada Market Size and Forecast (2021-2032)
    • 7.3.5 Mexico Market Size and Forecast (2021-2032)

8 Europe

  • 8.1 Europe Gas Turbine and Steam Turbine and Compressors Sales Quantity by Type (2021-2032)
  • 8.2 Europe Gas Turbine and Steam Turbine and Compressors Sales Quantity by Application (2021-2032)
  • 8.3 Europe Gas Turbine and Steam Turbine and Compressors Market Size by Country
    • 8.3.1 Europe Gas Turbine and Steam Turbine and Compressors Sales Quantity by Country (2021-2032)
    • 8.3.2 Europe Gas Turbine and Steam Turbine and Compressors Consumption Value by Country (2021-2032)
    • 8.3.3 Germany Market Size and Forecast (2021-2032)
    • 8.3.4 France Market Size and Forecast (2021-2032)
    • 8.3.5 United Kingdom Market Size and Forecast (2021-2032)
    • 8.3.6 Russia Market Size and Forecast (2021-2032)
    • 8.3.7 Italy Market Size and Forecast (2021-2032)

9 Asia-Pacific

  • 9.1 Asia-Pacific Gas Turbine and Steam Turbine and Compressors Sales Quantity by Type (2021-2032)
  • 9.2 Asia-Pacific Gas Turbine and Steam Turbine and Compressors Sales Quantity by Application (2021-2032)
  • 9.3 Asia-Pacific Gas Turbine and Steam Turbine and Compressors Market Size by Region
    • 9.3.1 Asia-Pacific Gas Turbine and Steam Turbine and Compressors Sales Quantity by Region (2021-2032)
    • 9.3.2 Asia-Pacific Gas Turbine and Steam Turbine and Compressors Consumption Value by Region (2021-2032)
    • 9.3.3 China Market Size and Forecast (2021-2032)
    • 9.3.4 Japan Market Size and Forecast (2021-2032)
    • 9.3.5 South Korea Market Size and Forecast (2021-2032)
    • 9.3.6 India Market Size and Forecast (2021-2032)
    • 9.3.7 Southeast Asia Market Size and Forecast (2021-2032)
    • 9.3.8 Australia Market Size and Forecast (2021-2032)

10 South America

  • 10.1 South America Gas Turbine and Steam Turbine and Compressors Sales Quantity by Type (2021-2032)
  • 10.2 South America Gas Turbine and Steam Turbine and Compressors Sales Quantity by Application (2021-2032)
  • 10.3 South America Gas Turbine and Steam Turbine and Compressors Market Size by Country
    • 10.3.1 South America Gas Turbine and Steam Turbine and Compressors Sales Quantity by Country (2021-2032)
    • 10.3.2 South America Gas Turbine and Steam Turbine and Compressors Consumption Value by Country (2021-2032)
    • 10.3.3 Brazil Market Size and Forecast (2021-2032)
    • 10.3.4 Argentina Market Size and Forecast (2021-2032)

11 Middle East & Africa

  • 11.1 Middle East & Africa Gas Turbine and Steam Turbine and Compressors Sales Quantity by Type (2021-2032)
  • 11.2 Middle East & Africa Gas Turbine and Steam Turbine and Compressors Sales Quantity by Application (2021-2032)
  • 11.3 Middle East & Africa Gas Turbine and Steam Turbine and Compressors Market Size by Country
    • 11.3.1 Middle East & Africa Gas Turbine and Steam Turbine and Compressors Sales Quantity by Country (2021-2032)
    • 11.3.2 Middle East & Africa Gas Turbine and Steam Turbine and Compressors Consumption Value by Country (2021-2032)
    • 11.3.3 Turkey Market Size and Forecast (2021-2032)
    • 11.3.4 Egypt Market Size and Forecast (2021-2032)
    • 11.3.5 Saudi Arabia Market Size and Forecast (2021-2032)
    • 11.3.6 South Africa Market Size and Forecast (2021-2032)

12 Market Dynamics

  • 12.1 Gas Turbine and Steam Turbine and Compressors Market Drivers
  • 12.2 Gas Turbine and Steam Turbine and Compressors Market Restraints
  • 12.3 Gas Turbine and Steam Turbine and Compressors Trends Analysis
  • 12.4 Porters Five Forces Analysis
    • 12.4.1 Threat of New Entrants
    • 12.4.2 Bargaining Power of Suppliers
    • 12.4.3 Bargaining Power of Buyers
    • 12.4.4 Threat of Substitutes
    • 12.4.5 Competitive Rivalry

13 Raw Material and Industry Chain

  • 13.1 Raw Material of Gas Turbine and Steam Turbine and Compressors and Key Manufacturers
  • 13.2 Manufacturing Costs Percentage of Gas Turbine and Steam Turbine and Compressors
  • 13.3 Gas Turbine and Steam Turbine and Compressors Production Process
  • 13.4 Industry Value Chain Analysis

14 Shipments by Distribution Channel

  • 14.1 Sales Channel
    • 14.1.1 Direct to End-User
    • 14.1.2 Distributors
  • 14.2 Gas Turbine and Steam Turbine and Compressors Typical Distributors
  • 14.3 Gas Turbine and Steam Turbine and Compressors Typical Customers

15 Research Findings and Conclusion

    16 Appendix

    • 16.1 Methodology
    • 16.2 Research Process and Data Source

    Summary:
    Get latest Market Research Reports on Gas Turbine and Steam Turbine and Compressors. Industry analysis & Market Report on Gas Turbine and Steam Turbine and Compressors is a syndicated market report, published as Global Gas Turbine and Steam Turbine and Compressors Market 2026 by Manufacturers, Regions, Type and Application, Forecast to 2032. It is complete Research Study and Industry Analysis of Gas Turbine and Steam Turbine and Compressors market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.

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