[Latest] Global Aeroderivative Gas Turbine Market Size/Share Worth USD 6.79 Billion By 2034 At A 6.34% CAGR: Custom Market Insights (Analysis, Outlook, Leaders, Report, Trends, Forecast, Segmentation, Growth Rate, Value, SWOT Analysis)

(MENAFN- GlobeNewsWire - Nasdaq) [220+ Pages Latest Report] According to a market research study published by Custom Market Insights, the demand analysis of Global Aeroderivative Gas Turbine Market size & share revenue was valued at approximately USD 3.7 Billion in 2024 and is expected to reach USD 3.91 Billion in 2025 and is expected to reach around USD 6.79 Billion by 2034, at a CAGR of 6.34% between 2025 and 2034. The key market players listed in the report with their sales, revenues and strategies are Aviall, Honeywell, Pratt & Whitney, Mitsubishi Heavy Industries, Turbomeca, Wartsila, Solar Turbines, Rolls-Royce, GE, Baker Hughes, Allison Engine Company, Safran Helicopter Engines, Woodward, Siemens Energy and others.

Austin, TX, USA, July 24, 2025 (GLOBE NEWSWIRE) -- Custom Market Insights has published a new research report titled “ Aeroderivative Gas Turbine Market Size, Trends and Insights By Power (Below 5 MW, 5-10 MW, 10-20 MW, Above 20 MW), By Fuel Type (Natural Gas, Diesel, Liquid Propane Gas (LPG), Aviation Jet Fuel), By Application (Mechanical Drive, Electric Power Generation), By Compressor Type (Axial, Centrifugal), By End-Use (Oil and Gas, Power Generation, Manufacturing, Mining and Construction), and By Region - Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2025–2034 ” in its research database.

“According to the latest research study, the demand of global Aeroderivative Gas Turbine Market size & share was valued at approximately USD 3.7 Billion in 2024 and is expected to reach USD 3.91 Billion in 2025 and is expected to reach a value of around USD 6.79 Billion by 2034, at a compound annual growth rate (CAGR) of about 6.34% during the forecast period 2025 to 2034.”

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Overview

As per the industry experts at CMI, Market leaders such as Aviall, Honeywell, Pratt & Whitney, and Mitsubishi Heavy Industries are racing toward new innovations in compact, high-efficiency turbines designed for the power, aviation, oil and gas, and industrial manufacturing sectors. These companies are developing new modular turbine systems as well as implementing AI diagnostics with remote observation systems to bolster emission-free operation. Other focus areas include grid peaking applications, mobile and offshore power units, and hybrid energy system consolidation.

Partnerships with defense agencies, energy companies, and infrastructure contractors are strengthening their international presence. There is an emphasis on green fuel integration, low-NOx emissions technologies, and ISO-grade manufacturing, which aligns with environmental concerns and regulatory frameworks. These strategic initiatives sustain their market dominance while advancing the adoption of clean, reliable, and flexible energy systems.

Key Trends & Drivers

Expansion of the Oil and Gas Industry: This particular driver focuses on the increased adoption of aeroderivative turbines within LNG plants, gas fields, and even pipeline compression due to their portability and rapid start-up capabilities. Recently, in March 2023, Saudi Aramco allocated USD 1.4 billion on gas processing units to equip them with aeroderivative turbines for emission reductions. These turbines excel in extreme environments and operate in remote areas. Mechanical drives are in high demand in upstream and midstream oil operations. Mitsubishi and Baker Hughes dominate this sector. The continued increase in worldwide gas infrastructure ensures constant utilization of turbines. Thus, the oil and gas industry will continue to be one of the primary drivers of market growth.

Impacts of Increasing Power Outages & Backup System Requirements: This Impact focuses on the US stimulus that increases the demand for aeroderivative turbines, which are needed to power fast-responding, reliable backup systems, emergency services, or grid-strangled turbines. Aeroderivative turbines are a favorite because they have the ability to start in minutes and can work on a variety of fuels. In August 2024, GE signed a USD 950 million contract with the US Department of Energy for the provision of turbines to be used in critical backup systems. The units will support gas power plants and other sensitive power sectors in Brazil and India that improve rural energy access are also expanding their aeroderivative turbine fleets. Turbines are becoming increasingly important in disaster-struck, climate-vulnerable regions. The inverse relationship to climate-changing risks guarantees the increased demand for these units.

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Scrapped Environmental Regulations for Leading Emissions: This Impact describes the considerable attention directed to replacing high-emission turbines with modern low-emission units. In November 2022, the EU launched the Green Policy, leading to a 1.1 billion dollar refurbishment of turbines in Germany and Spain. Cleaner gas-powered turbines are replacing old diesel generators. Siemens and Honeywell are manufacturing new models with ultra-low NOx emissions. Turbines that are“ready” for Hydrogen fuel are also on the market. Policies of such regulation and empowerment fuel the transition from fossil gases to energy systems based on renewable sources. Clean compliance increases adoption of aeroderivative units worldwide.

Report Scope

Feature of the Report	Details
Market Size in 2025	USD 3.91 Billion
Projected Market Size in 2034	USD 6.79 Billion
Market Size in 2024	USD 3.7 Billion
CAGR Growth Rate	6.34% CAGR
Base Year	2024
Forecast Period	2025-2034
Key Segment	By Power, Fuel Type, Application, Compressor Type, End-Use and Region
Report Coverage	Revenue Estimation and Forecast, Company Profile, Competitive Landscape, Growth Factors and Recent Trends
Regional Scope	North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America
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SWOT Analysis

• Strengths: Aeroderivative gas turbines quick start-up and operational flexibility make them ideal for backup applications and peaking power. Their lightweight design facilitates simple installation and maintenance. These turbines are well-suited for mobile and offshore uses. There is strong innovation support from leading OEMs like GE, Siemens, and Rolls-Royce. They are also versatile with fuel use supporting both conventional and cleaner fuels.

• Weaknesses : Price sensitive regions may be limited by high capital costs and complex technology. In baseload applications, the maintenance of these units is much more frequent than other heavy-duty turbines. Production delays may occur due to the aerospace supply chain. These units may have extreme environmental performance issues. Industrial turbine deployment may be restricted because of the limited output power.

• Opportunities: Expanding off-grid and remote regions exhibit an increased need for backup and distributed power. The shift towards low-emissions fuels provides retrofitting possibilities. Renewables that need fast-ramping backup offer turbines that integrate continually. Advancements in aerospace tech make for improved turbines. Markets that are emerging are equipping themselves with portable and flexible power systems.

• Threat: Turbines' conventional functions are being increasingly undermined by the competition posed by battery storage systems and renewable energy sources. Changes in fuel prices usually affect cost efficiency. In addition, environmental policies and strict carbon emission laws might discourage the use of fossil fuels in turbine applications. Aerospace-grade parts critical to turbines are also vulnerable to supply chain interruptions. With ongoing investment in batteries and all-electric systems, the future demand for turbines is rather uncertain.

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Key questions answered in this report:

• What is the size of the Aeroderivative Gas Turbine market and what is its expected growth rate?
• What are the primary driving factors that push the Aeroderivative Gas Turbine market forward?
• What are the Aeroderivative Gas Turbine Industry's top companies?
• What are the different categories that the Aeroderivative Gas Turbine Market caters to?
• What will be the fastest-growing segment or region?
• In the value chain, what role do essential players play?
• What is the procedure for getting a free copy of the Aeroderivative Gas Turbine market sample report and company profiles?

Key Offerings:

• Market Share, Size & Forecast by Revenue | 2025−2034
• Market Dynamics – Growth Drivers, Restraints, Investment Opportunities, and Leading Trends
• Market Segmentation – A detailed analysis by Types of Services, by End-User Services, and by regions
• Competitive Landscape – Top Key Vendors and Other Prominent Vendors

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Regional Perspective

The Aeroderivative Gas Turbine Market can be divided across different regions such as North America, Europe, Asia-Pacific, and LAMEA. This is a cursory overview of each region:

• North America : The region leads the world in both maintaining gas turbine energy infrastructure and growing demand for distributed power due to the economies of Canada and Mexico. The U.S. leads in utility-scale deployments and renewable backup power, while Canada and Mexico are expanding distributed power applications and harnessing wind energy. These turbines are absolutely essential for a weather-resilient continuous energy supply and weather-independent oil field operations. In 2024, GE Vernova created a new support hub in Texas which will assist in real-time turbine aeroderivative servicing for peaker plants and support grid operators during peak demand periods for energy.

• Europe : Spurred by the need to meet decarbonization goals and shifting geopolitical forces, Europe is working to improve the flexibility of peaking power to complement renewables, pursuing gas turbine energy diversification, and hydrogen powered engines. Countries like Germany, the UK and the Netherlands have also adopted dual fueled turbine hydrogen-ready technologies. The region is pursuing enhanced energy security and aggressively curtailing emissions, striving for fuel adaptability, energy diversification and stringent security regulation driven by emissions enforcement. In the Netherlands, Siemens Energy commissioned an integrated district heating project with a new aeroderivative turbine in April 2023, which will help reinforce sustainable thermal energy and backup power transition in the regions.

• Asia-Pacific : The Asia-Pacific region continues to lead the global growth of the aeroderivative turbine market owing to urbanization, growth in electricity demand, and infrastructure investment in India, China, Southeast Asia, and Oceania. These turbines are in line with the region's hybrid power goals, as they can be quickly deployed, remotely operated, fuel flexible, and usable at standby inoperable settings. A major milestone in India's generation of flexible capacity was achieved when Mitsubishi Power partnered with NTPC to deploy aeroderivative turbines at austin wind-solar plant in hybrid mode.

• LAMEA : The growth of aeroderivative turbines in LAMEA is slower relative to the rest of the world, but it is still accelerated due to the turbines' use in oil and gas operations, off-grid power generation, and even industrial backup systems. The Middle East's leadership in mechanical drive applications is mirrored in Africa and Latin America's focus on power access strategies. These turbines are also extremely important in remote and energy-deficient regions. In early 2023, Saudi Aramco embraced turbine technology by installing aeroderivative types in gas plants to diminish flaring while enhancing operational efficiency. This marked a transformational movement supportive of cleaner upstream energy operations in the region.

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List of the prominent players in the Aeroderivative Gas Turbine Market :

• Aviall
• Honeywell
• Pratt Whitney
• Mitsubishi Heavy Industries
• Turbomeca
• Wartsila
• Solar Turbines
• Rolls-Royce
• GE
• Baker Hughes
• Allison Engine Company
• Safran Helicopter Engines
• Woodward
• Siemens Energy
• Others

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The Aeroderivative Gas Turbine Market is segmented as follows:

By Power

• Below 5 MW
• 5-10 MW
• 10-20 MW
• Above 20 MW

By Fuel Type

• Natural Gas
• Diesel
• Liquid Propane Gas (LPG)
• Aviation Jet Fuel

By Application

• Mechanical Drive
• Electric Power Generation

By Compressor Type

• Axial
• Centrifugal

By End-Use

• Oil and Gas
• Power Generation
• Manufacturing
• Mining and Construction

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Regional Coverage:

North America

• U.S.
• Canada
• Mexico
• Rest of North America

Europe

• Germany
• France
• U.K.
• Russia
• Italy
• Spain
• Netherlands
• Rest of Europe

Asia Pacific

• China
• Japan
• India
• New Zealand
• Australia
• South Korea
• Taiwan
• Rest of Asia Pacific

The Middle East & Africa

• Saudi Arabia
• UAE
• Egypt
• Kuwait
• South Africa
• Rest of the Middle East & Africa

Latin America

• Brazil
• Argentina
• Rest of Latin America

This Aeroderivative Gas Turbine Market Research/Analysis Report Contains Answers to the following Questions .

• Which Trends Are Causing These Developments?
• Who Are the Global Key Players in This Aeroderivative Gas Turbine Market? What are Their Company Profile, Product Information, and Contact Information?
• What Was the Global Market Status of the Aeroderivative Gas Turbine Market? What Was the Capacity, Production Value, Cost and PROFIT of the Aeroderivative Gas Turbine Market?
• What Is the Current Market Status of the Aeroderivative Gas Turbine Industry? What's Market Competition in This Industry, Both Company and Country Wise? What's Market Analysis of Aeroderivative Gas Turbine Market by Considering Applications and Types?
• What Are Projections of the Global Aeroderivative Gas Turbine Industry Considering Capacity, Production and Production Value? What Will Be the Estimation of Cost and Profit? What Will Be Market Share, Supply and Consumption? What about imports and exports?
• What Is Aeroderivative Gas Turbine Market Chain Analysis by Upstream Raw Materials and Downstream Industry?
• What Is the Economic Impact On Aeroderivative Gas Turbine Industry? What are Global Macroeconomic Environment Analysis Results? What Are Global Macroeconomic Environment Development Trends?
• What Are Market Dynamics of Aeroderivative Gas Turbine Market? What Are Challenges and Opportunities?
• What Should Be Entry Strategies, Countermeasures to Economic Impact, and Marketing Channels for Aeroderivative Gas Turbine Industry?

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Reasons to Purchase Aeroderivative Gas Turbine Market Report

• Aeroderivative Gas Turbine Market Report provides qualitative and quantitative analysis of the market based on segmentation involving economic and non-economic factors.
• Aeroderivative Gas Turbine Market report outlines market value (USD) data for each segment and sub-segment.
• This report indicates the region and segment expected to witness the fastest growth and dominate the market.
• Aeroderivative Gas Turbine Market Analysis by geography highlights the consumption of the product/service in the region and indicates the factors affecting the market within each region.
• The competitive landscape incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled.
• Extensive company profiles comprising company overview, company insights, product benchmarking, and SWOT analysis for the major market players.
• The Industry's current and future market outlook concerning recent developments (which involve growth opportunities and drivers as well as challenges and restraints of both emerging and developed regions.
• Aeroderivative Gas Turbine Market Includes in-depth market analysis from various perspectives through Porter's five forces analysis and provides insight into the market through Value Chain.

Reasons for the Research Report

• The study provides a thorough overview of the global Aeroderivative Gas Turbine market. Compare your performance to that of the market as a whole.

• Aim to maintain competitiveness while innovations from established key players fuel market growth.

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What does the report include?

• Drivers, restrictions, and opportunities are among the qualitative elements covered in the worldwide Aeroderivative Gas Turbine market analysis.

• The competitive environment of current and potential participants in the Aeroderivative Gas Turbine market is covered in the report, as well as those companies' strategic product development ambitions.

• According to the component, application, and industry vertical, this study analyzes the market qualitatively and quantitatively. Additionally, the report offers comparable data for the important regions.

• For each segment mentioned above, actual market sizes and forecasts have been given.

Who should buy this report?

• Participants and stakeholders worldwide Aeroderivative Gas Turbine market should find this report useful. The research will be useful to all market participants in the Aeroderivative Gas Turbine industry.

• Managers in the Aeroderivative Gas Turbine sector are interested in publishing up-to-date and projected data about the worldwide Aeroderivative Gas Turbine market.

• Governmental agencies, regulatory bodies, decision-makers, and organizations want to invest in Aeroderivative Gas Turbine products' market trends.

• Market insights are sought for by analysts, researchers, educators, strategy managers, and government organizations to develop plans.

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