South America Gas Turbine Market Size and Forecast (2025 - 2031), Regional Share, Trend, and Growth Opportunity Analysis Report Coverage: By Technology (Open-Cycle and Combined Cycle), Capacity (Below 40 MW, 40-120 MW, 120-300 MW, and Above 300 MW), Application (Power Generation, Oil and Gas, and Industrial), and Country
The South America gas turbine market size was valued at US$ 1,289.38 million in 2024 and is expected to reach US$ 1,715.48 million by 2031; it is estimated to record a CAGR of 4.30% from 2025 to 2031.
Natural gas has become an important component of South America’s energy landscape, offering a cleaner alternative to fossil fuels such as coal and oil. The region experiences a continuous need to diversify its energy sources and decrease carbon emissions. As a result, it presents a key market for natural gas, with a progressively growing consumption. In 2023, the total demand for natural gas in the region was estimated at approximately ~25 billion cubic feet per day (bcfd), reflecting a ~1.4% annual growth compared to previous years; this growth can be attributed to industrial expansion and increasing dependence on gas for electricity generation in the region. Argentina’s Vaca Muerta shale gas boom and Chile’s energy transition from coal to gas are supporting gas-based power generation, propelling the demand for efficient gas turbines. The flexibility and efficiency of gas turbines make them suitable for balancing intermittent renewable energy sources such as wind and solar. Thus, the rising energy demand and power generation requirements across countries such as Brazil and Argentina boost the growth of the South America gas turbine market.
The power generation sector remains the primary application area for gas turbines, with widespread deployment in both centralized and distributed energy systems. Gas turbines are used for baseload, intermediate, and peaking power generation due to their high reliability, scalability, and operational flexibility. They harness the energy of pressurized gas, typically air, to generate power. They are particularly favored in countries aiming to transition away from coal by integrating cleaner-burning natural gas solutions. Gas turbines are well-suited for combined cycle power plants, which maximize fuel efficiency by recovering exhaust heat to generate additional electricity. Amid the continued growth in global electricity demand and emphasis on reducing carbon emissions, gas turbines offer a practical and efficient solution for modern power infrastructure. In June 2025, Gas Natural Acu (GNA), a joint venture between Siemens Energy Sip Brasil and BP, launched operations at its second power plant in Porto do Acu in northern Rio de Janeiro state. The project, which received ~US$ 1.2 billion (R$ 7 billion) in investments, is now the largest thermal power plant in operation in Brazil.
Mitsubishi Heavy Industries Ltd; Siemens AG; GE Vernova Inc.; Caterpillar Inc; Kawasaki Heavy Industries Ltd; Baker Hughes Co; Industrial Boilers America; Capstone Green Energy Holdings, Inc.; MTU Aero Engines AG; and Aurelia Turbines Oy are among the key South America gas turbine market players that are profiled in this market study.
The overall South America gas turbine market size has been derived using both primary and secondary sources. Exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the South America gas turbine market size. The process also helps obtain an overview and forecast of the market with respect to all the market segments. Also, multiple primary interviews have been conducted with industry participants to validate the data and gain analytical insights. This process includes industry experts such as VPs, business development managers, market intelligence managers, and national sales managers, along with external consultants such as valuation experts, research analysts, and key opinion leaders, specializing in the South America gas turbine market.
Reason to buy
Natural gas has become an important component of South America’s energy landscape, offering a cleaner alternative to fossil fuels such as coal and oil. The region experiences a continuous need to diversify its energy sources and decrease carbon emissions. As a result, it presents a key market for natural gas, with a progressively growing consumption. In 2023, the total demand for natural gas in the region was estimated at approximately ~25 billion cubic feet per day (bcfd), reflecting a ~1.4% annual growth compared to previous years; this growth can be attributed to industrial expansion and increasing dependence on gas for electricity generation in the region. Argentina’s Vaca Muerta shale gas boom and Chile’s energy transition from coal to gas are supporting gas-based power generation, propelling the demand for efficient gas turbines. The flexibility and efficiency of gas turbines make them suitable for balancing intermittent renewable energy sources such as wind and solar. Thus, the rising energy demand and power generation requirements across countries such as Brazil and Argentina boost the growth of the South America gas turbine market.
The power generation sector remains the primary application area for gas turbines, with widespread deployment in both centralized and distributed energy systems. Gas turbines are used for baseload, intermediate, and peaking power generation due to their high reliability, scalability, and operational flexibility. They harness the energy of pressurized gas, typically air, to generate power. They are particularly favored in countries aiming to transition away from coal by integrating cleaner-burning natural gas solutions. Gas turbines are well-suited for combined cycle power plants, which maximize fuel efficiency by recovering exhaust heat to generate additional electricity. Amid the continued growth in global electricity demand and emphasis on reducing carbon emissions, gas turbines offer a practical and efficient solution for modern power infrastructure. In June 2025, Gas Natural Acu (GNA), a joint venture between Siemens Energy Sip Brasil and BP, launched operations at its second power plant in Porto do Acu in northern Rio de Janeiro state. The project, which received ~US$ 1.2 billion (R$ 7 billion) in investments, is now the largest thermal power plant in operation in Brazil.
Mitsubishi Heavy Industries Ltd; Siemens AG; GE Vernova Inc.; Caterpillar Inc; Kawasaki Heavy Industries Ltd; Baker Hughes Co; Industrial Boilers America; Capstone Green Energy Holdings, Inc.; MTU Aero Engines AG; and Aurelia Turbines Oy are among the key South America gas turbine market players that are profiled in this market study.
The overall South America gas turbine market size has been derived using both primary and secondary sources. Exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the South America gas turbine market size. The process also helps obtain an overview and forecast of the market with respect to all the market segments. Also, multiple primary interviews have been conducted with industry participants to validate the data and gain analytical insights. This process includes industry experts such as VPs, business development managers, market intelligence managers, and national sales managers, along with external consultants such as valuation experts, research analysts, and key opinion leaders, specializing in the South America gas turbine market.
Reason to buy
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the South America gas turbine market.
- Highlights key business priorities in order to assist companies to realign their business strategies
- The key findings and recommendations such as specific country and segmental insight highlights crucial progressive industry trends in the South America gas turbine market, thereby allowing players across the value chain to develop effective long-term strategies.
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
- Scrutinize in-depth market trends and outlook coupled with the factors driving the market, as well as those hindering it
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution
- GE Vernova
- Siemens Energy
- Mitsubishi Industrial, Ltd.
- Caterpillar, Inc.
- Kawasaki Industrial, Ltd.
- Baker Hughes Company
- Capstone Green Energy Holdings, Inc.
- Rolls-Royce plc
- IHI Power Systems, Co. Ltd.
- Industrial Boilers America
- Aurelia Turbines Oy
- Jereh Energy Equipment and Technologies Corporation
- Power Systems Mfg., LLC
- APR Energy
1. INTRODUCTION
1.1 Scope of the Study
1.2 Market Definition, Assumptions and Limitations
1.3 Market Segmentation
2. EXECUTIVE SUMMARY
2.1 Analyst Market Outlook
2.2 Market Attractiveness Analysis
3. RESEARCH METHODOLOGY
4. GAS TURBINE MARKET LANDSCAPE
4.1 Overview
4.2 PEST Analysis
4.3 Ecosystem Analysis
4.3.1 List of Vendors in the Value Chain
5. GAS TURBINE MARKET - KEY MARKET DYNAMICS
5.1 Key Market Drivers
5.2 Key Market Restraints
5.3 Key Market Opportunities
5.4 Future Trends
5.5 Impact Analysis of Drivers and Restraints
6. GAS TURBINE MARKET - SOUTH AMERICA MARKET ANALYSIS
6.1 Gas Turbine - South America Market Overview
6.2 Gas Turbine - South America Market and Forecast to 2031
7. GAS TURBINE MARKET – REVENUE ANALYSIS (USD MILLION) – BY TECHNOLOGY, 2021-2031
7.1 Overview
7.2 Open Cycle
7.3 Combined Cycle
8. GAS TURBINE MARKET – REVENUE ANALYSIS (USD MILLION) – BY CAPACITY, 2021-2031
8.1 Overview
8.2 Below 40 MW
8.3 40-120 MW
8.4 120-300 MW
8.5 Above 300 MW
9. GAS TURBINE MARKET – REVENUE ANALYSIS (USD MILLION) – BY APPLICATION, 2021-2031
9.1 Overview
9.2 Power Generation
9.3 Oil and Gas
9.4 Industrial
10. GAS TURBINE MARKET - REVENUE ANALYSIS (USD MILLION), 2021-2031 – COUNTRY ANALYSIS
10.1 South America
10.1.1 South America Gas Turbine Market Overview
10.1.2 South America Gas Turbine Market Revenue and Forecasts, 2021 - 2031
10.1.3 South America Gas Turbine Market Revenue and Forecasts and Analysis - By Technology
10.1.4 South America Gas Turbine Market Revenue and Forecasts and Analysis - By Capacity
10.1.5 South America Gas Turbine Market Revenue and Forecasts and Analysis - By Application
10.1.6 South America Gas Turbine Market Revenue and Forecasts and Analysis - By Countries
10.1.6.1 Brazil Gas Turbine Market
10.1.6.1.1 Brazil Gas Turbine Market, by Technology
10.1.6.1.2 Brazil Gas Turbine Market, by Capacity
10.1.6.1.3 Brazil Gas Turbine Market, by Application
10.1.6.2 Argentina Gas Turbine Market
10.1.6.2.1 Argentina Gas Turbine Market, by Technology
10.1.6.2.2 Argentina Gas Turbine Market, by Capacity
10.1.6.2.3 Argentina Gas Turbine Market, by Application
10.1.6.3 Rest of South America Gas Turbine Market
10.1.6.3.1 Rest of South America Gas Turbine Market, by Technology
10.1.6.3.2 Rest of South America Gas Turbine Market, by Capacity
10.1.6.3.3 Rest of South America Gas Turbine Market, by Application
Note - Similar analysis would be provided for below mentioned regions/countries
11. INDUSTRY LANDSCAPE
11.1 Mergers and Acquisitions
11.2 Agreements, Collaborations, Joint Ventures
11.3 New Product Launches
11.4 Expansions and Other Strategic Developments
12. COMPETITIVE LANDSCAPE
12.1 Heat Map Analysis by Key Players
12.2 Company Positioning and Market Concentration, 2024
13. GAS TURBINE MARKET - KEY COMPANY PROFILES
13.1 General Electric
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
Note - Similar information would be provided for below list of companies
13.2 Mitsubishi Heavy Industries, Ltd.
13.3 Kawasaki Heavy Industries, Ltd
13.4 Siemens AG
13.5 Capstone Green Energy Holdings Inc
13.6 Aurelia Turbines Oy
13.7 MTU Aero Engines AG
13.8 Industrial Boilers America
13.9 Caterpillar Inc
13.10 Baker Hughes
14. APPENDIX
14.1 Glossary
14.2 About The Insight Partners
14.3 Market Intelligence Cloud
1.1 Scope of the Study
1.2 Market Definition, Assumptions and Limitations
1.3 Market Segmentation
2. EXECUTIVE SUMMARY
2.1 Analyst Market Outlook
2.2 Market Attractiveness Analysis
3. RESEARCH METHODOLOGY
4. GAS TURBINE MARKET LANDSCAPE
4.1 Overview
4.2 PEST Analysis
4.3 Ecosystem Analysis
4.3.1 List of Vendors in the Value Chain
5. GAS TURBINE MARKET - KEY MARKET DYNAMICS
5.1 Key Market Drivers
5.2 Key Market Restraints
5.3 Key Market Opportunities
5.4 Future Trends
5.5 Impact Analysis of Drivers and Restraints
6. GAS TURBINE MARKET - SOUTH AMERICA MARKET ANALYSIS
6.1 Gas Turbine - South America Market Overview
6.2 Gas Turbine - South America Market and Forecast to 2031
7. GAS TURBINE MARKET – REVENUE ANALYSIS (USD MILLION) – BY TECHNOLOGY, 2021-2031
7.1 Overview
7.2 Open Cycle
7.3 Combined Cycle
8. GAS TURBINE MARKET – REVENUE ANALYSIS (USD MILLION) – BY CAPACITY, 2021-2031
8.1 Overview
8.2 Below 40 MW
8.3 40-120 MW
8.4 120-300 MW
8.5 Above 300 MW
9. GAS TURBINE MARKET – REVENUE ANALYSIS (USD MILLION) – BY APPLICATION, 2021-2031
9.1 Overview
9.2 Power Generation
9.3 Oil and Gas
9.4 Industrial
10. GAS TURBINE MARKET - REVENUE ANALYSIS (USD MILLION), 2021-2031 – COUNTRY ANALYSIS
10.1 South America
10.1.1 South America Gas Turbine Market Overview
10.1.2 South America Gas Turbine Market Revenue and Forecasts, 2021 - 2031
10.1.3 South America Gas Turbine Market Revenue and Forecasts and Analysis - By Technology
10.1.4 South America Gas Turbine Market Revenue and Forecasts and Analysis - By Capacity
10.1.5 South America Gas Turbine Market Revenue and Forecasts and Analysis - By Application
10.1.6 South America Gas Turbine Market Revenue and Forecasts and Analysis - By Countries
10.1.6.1 Brazil Gas Turbine Market
10.1.6.1.1 Brazil Gas Turbine Market, by Technology
10.1.6.1.2 Brazil Gas Turbine Market, by Capacity
10.1.6.1.3 Brazil Gas Turbine Market, by Application
10.1.6.2 Argentina Gas Turbine Market
10.1.6.2.1 Argentina Gas Turbine Market, by Technology
10.1.6.2.2 Argentina Gas Turbine Market, by Capacity
10.1.6.2.3 Argentina Gas Turbine Market, by Application
10.1.6.3 Rest of South America Gas Turbine Market
10.1.6.3.1 Rest of South America Gas Turbine Market, by Technology
10.1.6.3.2 Rest of South America Gas Turbine Market, by Capacity
10.1.6.3.3 Rest of South America Gas Turbine Market, by Application
Note - Similar analysis would be provided for below mentioned regions/countries
11. INDUSTRY LANDSCAPE
11.1 Mergers and Acquisitions
11.2 Agreements, Collaborations, Joint Ventures
11.3 New Product Launches
11.4 Expansions and Other Strategic Developments
12. COMPETITIVE LANDSCAPE
12.1 Heat Map Analysis by Key Players
12.2 Company Positioning and Market Concentration, 2024
13. GAS TURBINE MARKET - KEY COMPANY PROFILES
13.1 General Electric
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
Note - Similar information would be provided for below list of companies
13.2 Mitsubishi Heavy Industries, Ltd.
13.3 Kawasaki Heavy Industries, Ltd
13.4 Siemens AG
13.5 Capstone Green Energy Holdings Inc
13.6 Aurelia Turbines Oy
13.7 MTU Aero Engines AG
13.8 Industrial Boilers America
13.9 Caterpillar Inc
13.10 Baker Hughes
14. APPENDIX
14.1 Glossary
14.2 About The Insight Partners
14.3 Market Intelligence Cloud
LIST OF TABLES
Table 1. South America Gas Turbine Market Segmentation
Table 2. List of Vendors
Table 3. South America Gas Turbine Market – Revenue, 2021–2024 (US$ Million)
Table 4. South America Gas Turbine Market – Revenue Forecast, 2025–2031 (US$ Million)
Table 5. South America Gas Turbine Market – Revenue, 2021–2024 (US$ Million) – by Technology
Table 6. South America Gas Turbine Market – Revenue Forecast, 2025–2031 (US$ Million) – by Technology
Table 7. South America Gas Turbine Market – Revenue, 2021–2024 (US$ Million) – by Capacity
Table 8. South America Gas Turbine Market – Revenue Forecast, 2025–2031 (US$ Million) – by Capacity
Table 9. South America Gas Turbine Market – Revenue, 2021–2024 (US$ Million) – by Application
Table 10. South America Gas Turbine Market – Revenue Forecast, 2025–2031 (US$ Million) – by Application
Table 11. South America Gas Turbine Market – Revenue, 2021–2024 (US$ Million) – by Country
Table 12. South America Gas Turbine Market – Revenue Forecast, 2025–2031 (US$ Million) – by Country
Table 13. Brazil: Gas Turbine Market – Revenue, 2021–2024 (US$ Million) – by Technology
Table 14. Brazil: Gas Turbine Market – Revenue Forecast, 2025–2031 (US$ Million) – by Technology
Table 15. Brazil: Gas Turbine Market – Revenue, 2021–2024 (US$ Million) – by Capacity
Table 16. Brazil: Gas Turbine Market – Revenue Forecast, 2025–2031 (US$ Million) – by Capacity
Table 17. Brazil: Gas Turbine Market – Revenue, 2021–2024 (US$ Million) – by Application
Table 18. Brazil: Gas Turbine Market – Revenue Forecast, 2025–2031 (US$ Million) – by Application
Table 19. Argentina: Gas Turbine Market – Revenue, 2021–2024 (US$ Million) – by Technology
Table 20. Argentina: Gas Turbine Market – Revenue Forecast, 2025–2031 (US$ Million) – by Technology
Table 21. Argentina: Gas Turbine Market – Revenue, 2021–2024 (US$ Million) – by Capacity
Table 22. Argentina: Gas Turbine Market – Revenue Forecast, 2025–2031 (US$ Million) – by Capacity
Table 23. Argentina: Gas Turbine Market – Revenue, 2021–2024 (US$ Million) – by Application
Table 24. Argentina: Gas Turbine Market – Revenue Forecast, 2025–2031 (US$ Million) – by Application
Table 25. Rest of South America: Gas Turbine Market – Revenue, 2021–2024 (US$ Million) – by Technology
Table 26. Rest of South America: Gas Turbine Market – Revenue Forecast, 2025–2031 (US$ Million) – by Technology
Table 27. Rest of South America: Gas Turbine Market – Revenue, 2021–2024 (US$ Million) – by Capacity
Table 28. Rest of South America: Gas Turbine Market – Revenue Forecast, 2025–2031 (US$ Million) – by Capacity
Table 29. Rest of South America: Gas Turbine Market – Revenue, 2021–2024 (US$ Million) – by Application
Table 30. Rest of South America: Gas Turbine Market – Revenue Forecast, 2025–2031 (US$ Million) – by Application
Table 1. South America Gas Turbine Market Segmentation
Table 2. List of Vendors
Table 3. South America Gas Turbine Market – Revenue, 2021–2024 (US$ Million)
Table 4. South America Gas Turbine Market – Revenue Forecast, 2025–2031 (US$ Million)
Table 5. South America Gas Turbine Market – Revenue, 2021–2024 (US$ Million) – by Technology
Table 6. South America Gas Turbine Market – Revenue Forecast, 2025–2031 (US$ Million) – by Technology
Table 7. South America Gas Turbine Market – Revenue, 2021–2024 (US$ Million) – by Capacity
Table 8. South America Gas Turbine Market – Revenue Forecast, 2025–2031 (US$ Million) – by Capacity
Table 9. South America Gas Turbine Market – Revenue, 2021–2024 (US$ Million) – by Application
Table 10. South America Gas Turbine Market – Revenue Forecast, 2025–2031 (US$ Million) – by Application
Table 11. South America Gas Turbine Market – Revenue, 2021–2024 (US$ Million) – by Country
Table 12. South America Gas Turbine Market – Revenue Forecast, 2025–2031 (US$ Million) – by Country
Table 13. Brazil: Gas Turbine Market – Revenue, 2021–2024 (US$ Million) – by Technology
Table 14. Brazil: Gas Turbine Market – Revenue Forecast, 2025–2031 (US$ Million) – by Technology
Table 15. Brazil: Gas Turbine Market – Revenue, 2021–2024 (US$ Million) – by Capacity
Table 16. Brazil: Gas Turbine Market – Revenue Forecast, 2025–2031 (US$ Million) – by Capacity
Table 17. Brazil: Gas Turbine Market – Revenue, 2021–2024 (US$ Million) – by Application
Table 18. Brazil: Gas Turbine Market – Revenue Forecast, 2025–2031 (US$ Million) – by Application
Table 19. Argentina: Gas Turbine Market – Revenue, 2021–2024 (US$ Million) – by Technology
Table 20. Argentina: Gas Turbine Market – Revenue Forecast, 2025–2031 (US$ Million) – by Technology
Table 21. Argentina: Gas Turbine Market – Revenue, 2021–2024 (US$ Million) – by Capacity
Table 22. Argentina: Gas Turbine Market – Revenue Forecast, 2025–2031 (US$ Million) – by Capacity
Table 23. Argentina: Gas Turbine Market – Revenue, 2021–2024 (US$ Million) – by Application
Table 24. Argentina: Gas Turbine Market – Revenue Forecast, 2025–2031 (US$ Million) – by Application
Table 25. Rest of South America: Gas Turbine Market – Revenue, 2021–2024 (US$ Million) – by Technology
Table 26. Rest of South America: Gas Turbine Market – Revenue Forecast, 2025–2031 (US$ Million) – by Technology
Table 27. Rest of South America: Gas Turbine Market – Revenue, 2021–2024 (US$ Million) – by Capacity
Table 28. Rest of South America: Gas Turbine Market – Revenue Forecast, 2025–2031 (US$ Million) – by Capacity
Table 29. Rest of South America: Gas Turbine Market – Revenue, 2021–2024 (US$ Million) – by Application
Table 30. Rest of South America: Gas Turbine Market – Revenue Forecast, 2025–2031 (US$ Million) – by Application
LIST OF FIGURES
Figure 1. South America Gas Turbine Market Segmentation
Figure 2. PEST Analysis
Figure 3. Ecosystem Analysis
Figure 4. Impact Analysis of Drivers and Restraints
Figure 5. South America Gas Turbine Market Revenue and Forecast (US$ Million), 2021–2031
Figure 6. South America Gas Turbine Market Share (%) – by Technology, 2024 and 2031
Figure 7. Open Cycle: South America Gas Turbine Market– Revenue and Forecast, 2021–2031 (US$ Million)
Figure 8. Combined Cycle: South America Gas Turbine Market– Revenue and Forecast, 2021–2031 (US$ Million)
Figure 9. South America Gas Turbine Market Share (%) – by Capacity, 2024 and 2031
Figure 10. Below 40 MW: South America Gas Turbine Market– Revenue and Forecast, 2021–2031 (US$ Million)
Figure 11. 40-120 MW: South America Gas Turbine Market– Revenue and Forecast, 2021–2031 (US$ Million)
Figure 12. 120-300 MW: South America Gas Turbine Market– Revenue and Forecast, 2021–2031 (US$ Million)
Figure 13. Above 300 MW: South America Gas Turbine Market– Revenue and Forecast, 2021–2031 (US$ Million)
Figure 14. South America Gas Turbine Market Share (%) – by Application, 2024 and 2031
Figure 15. Power Generation: South America Gas Turbine Market– Revenue and Forecast, 2021–2031 (US$ Million)
Figure 16. Oil and Gas: South America Gas Turbine Market– Revenue and Forecast, 2021–2031 (US$ Million)
Figure 17. Industrial: South America Gas Turbine Market– Revenue and Forecast, 2021–2031 (US$ Million)
Figure 18. South America Gas Turbine Market Breakdown, by Key Countries, 2024 and 2031 (%)
Figure 19. Brazil: Gas Turbine Market – Revenue and Forecast, 2021–2031 (US$ Million)
Figure 20. Argentina: Gas Turbine Market – Revenue and Forecast, 2021–2031 (US$ Million)
Figure 21. Rest of South America: Gas Turbine Market – Revenue and Forecast, 2021–2031 (US$ Million)
Figure 22. Heat Map Analysis by Key Players
Figure 23. Company Positioning and Market Concentration
Figure 1. South America Gas Turbine Market Segmentation
Figure 2. PEST Analysis
Figure 3. Ecosystem Analysis
Figure 4. Impact Analysis of Drivers and Restraints
Figure 5. South America Gas Turbine Market Revenue and Forecast (US$ Million), 2021–2031
Figure 6. South America Gas Turbine Market Share (%) – by Technology, 2024 and 2031
Figure 7. Open Cycle: South America Gas Turbine Market– Revenue and Forecast, 2021–2031 (US$ Million)
Figure 8. Combined Cycle: South America Gas Turbine Market– Revenue and Forecast, 2021–2031 (US$ Million)
Figure 9. South America Gas Turbine Market Share (%) – by Capacity, 2024 and 2031
Figure 10. Below 40 MW: South America Gas Turbine Market– Revenue and Forecast, 2021–2031 (US$ Million)
Figure 11. 40-120 MW: South America Gas Turbine Market– Revenue and Forecast, 2021–2031 (US$ Million)
Figure 12. 120-300 MW: South America Gas Turbine Market– Revenue and Forecast, 2021–2031 (US$ Million)
Figure 13. Above 300 MW: South America Gas Turbine Market– Revenue and Forecast, 2021–2031 (US$ Million)
Figure 14. South America Gas Turbine Market Share (%) – by Application, 2024 and 2031
Figure 15. Power Generation: South America Gas Turbine Market– Revenue and Forecast, 2021–2031 (US$ Million)
Figure 16. Oil and Gas: South America Gas Turbine Market– Revenue and Forecast, 2021–2031 (US$ Million)
Figure 17. Industrial: South America Gas Turbine Market– Revenue and Forecast, 2021–2031 (US$ Million)
Figure 18. South America Gas Turbine Market Breakdown, by Key Countries, 2024 and 2031 (%)
Figure 19. Brazil: Gas Turbine Market – Revenue and Forecast, 2021–2031 (US$ Million)
Figure 20. Argentina: Gas Turbine Market – Revenue and Forecast, 2021–2031 (US$ Million)
Figure 21. Rest of South America: Gas Turbine Market – Revenue and Forecast, 2021–2031 (US$ Million)
Figure 22. Heat Map Analysis by Key Players
Figure 23. Company Positioning and Market Concentration
