Middle East and Africa Heavy Duty Gas Turbine Market Opportunity, Growth Drivers, Industry Trend Analysis, and Forecast 2024 - 2032
Middle East and Africa Heavy Duty Gas Turbine Market, valued at USD 2.91 billion in 2023, is projected to expand at a CAGR of 5.9% from 2024 to 2032. Growth in this market is driven by heightened environmental awareness and a rising shift towards cleaner energy solutions. Heavy-duty gas turbines are purpose-built for substantial power generation in industrial and utility applications, designed to withstand high temperatures and pressures over extended periods. Their robust construction makes them essential in large-scale power generation, supporting various industries, urban centers, and other high-demand facilities. This sector is expected to grow as power generation demands increase alongside rapid industrialization.
Turbines in the >70 MW to 200 MW range are anticipated to surpass USD 950 million by 2032. These turbines are crucial for efficiently converting natural gas or other fuels into electricity, making them a key component for high-demand sectors. The industry growth is bolstered by strict environmental regulations targeting clean power generation and rising electricity needs. Combined-cycle heavy-duty gas turbines are particularly favored, projected to grow at a CAGR above 5.5% through 2032. This technology is attractive in regions emphasizing energy efficiency and emissions reduction, as it offers a cleaner alternative to conventional power generation methods. Additionally, the growing transition towards sustainable energy and the demand for adaptable power systems compatible with renewable sources support the adoption of combined-cycle turbines.
Saudi Arabia’s market for heavy-duty gas turbines is expected to exceed USD 600 million by 2032, driven by investments in modernizing power generation to meet the rising demand for electricity while decreasing oil dependency. This market expansion aligns with the region’s industrial development and a focus on sustainable and efficient power solutions. In the UAE, the heavy-duty gas turbine market is gaining momentum due to its commitment to improving power generation efficiency and capacity. Investments in large-scale projects, such as expansions in various industrial sectors and the construction of new power facilities, are fueling this growth.
Heavy-duty gas turbines are integral to achieving the nation’s objectives to lower carbon emissions and expand clean energy use, as they provide reliable and flexible power that aligns with environmental goals. Altogether, these market drivers reflect a region-wide commitment to sustainable energy development, positioning heavy-duty gas turbines as a foundational technology for meeting future power demands while addressing environmental concerns.
Turbines in the >70 MW to 200 MW range are anticipated to surpass USD 950 million by 2032. These turbines are crucial for efficiently converting natural gas or other fuels into electricity, making them a key component for high-demand sectors. The industry growth is bolstered by strict environmental regulations targeting clean power generation and rising electricity needs. Combined-cycle heavy-duty gas turbines are particularly favored, projected to grow at a CAGR above 5.5% through 2032. This technology is attractive in regions emphasizing energy efficiency and emissions reduction, as it offers a cleaner alternative to conventional power generation methods. Additionally, the growing transition towards sustainable energy and the demand for adaptable power systems compatible with renewable sources support the adoption of combined-cycle turbines.
Saudi Arabia’s market for heavy-duty gas turbines is expected to exceed USD 600 million by 2032, driven by investments in modernizing power generation to meet the rising demand for electricity while decreasing oil dependency. This market expansion aligns with the region’s industrial development and a focus on sustainable and efficient power solutions. In the UAE, the heavy-duty gas turbine market is gaining momentum due to its commitment to improving power generation efficiency and capacity. Investments in large-scale projects, such as expansions in various industrial sectors and the construction of new power facilities, are fueling this growth.
Heavy-duty gas turbines are integral to achieving the nation’s objectives to lower carbon emissions and expand clean energy use, as they provide reliable and flexible power that aligns with environmental goals. Altogether, these market drivers reflect a region-wide commitment to sustainable energy development, positioning heavy-duty gas turbines as a foundational technology for meeting future power demands while addressing environmental concerns.
Report Content
CHAPTER 1 METHODOLOGY & SCOPE
1.1 Market scope & definitions
1.2 Market estimates & forecast parameters
1.3 Forecast calculation
1.4 Data sources
1.4.1 Primary
1.4.2 Secondary
1.4.2.1 Paid
1.4.2.2 Public
CHAPTER 2 INDUSTRY INSIGHTS
2.1 Industry ecosystem analysis
2.2 Regulatory landscape
2.3 Industry impact forces
2.3.1 Growth drivers
2.3.2 Industry pitfalls & challenges
2.4 Growth potential analysis
2.5 Porter's analysis
2.5.1 Bargaining power of suppliers
2.5.2 Bargaining power of buyers
2.5.3 Threat of new entrants
2.5.4 Threat of substitutes
2.6 PESTEL analysis
CHAPTER 3 COMPETITIVE LANDSCAPE, 2024
3.1 Strategic outlook
3.2 Innovation & sustainability landscape
CHAPTER 4 MARKET SIZE AND FORECAST, BY CAPACITY (USD MILLION & MW)
4.1 Key trends
4.2 ? 50 kW
4.3 > 50 kW to 500 kW
4.4 > 500 kW to 1 MW
4.5 > 1 MW to 30 MW
4.6 > 30 MW to 70 MW
4.7 > 70 MW to 200 MW
4.8 > 200 MW
CHAPTER 5 MARKET SIZE AND FORECAST, BY TECHNOLOGY (USD MILLION & MW)
5.1 Key trends
5.2 Open cycle
5.3 Combined cycle
CHAPTER 6 MARKET SIZE AND FORECAST, BY APPLICATION (USD MILLION & MW)
6.1 Key trends
6.2 Power plants
6.3 Oil & gas
6.4 Process plants
6.5 Aviation
6.6 Marine
6.7 Others
CHAPTER 7 MARKET SIZE AND FORECAST, BY COUNTRY (USD MILLION & MW)
7.1 Key trends
7.2 Saudi Arabia
7.3 UAE
7.4 Qatar
7.5 Kuwait
7.6 Oman
7.7 Egypt
7.8 Turkey
7.9 Bahrain
7.10 Iraq
7.11 Jordan
7.12 Lebanon
7.13 South Africa
7.14 Nigeria
7.15 Algeria
7.16 Kenya
7.17 Ghana
CHAPTER 8 COMPANY PROFILES
8.1 Ansaldo Energia
8.2 Bharat Heavy Electricals Limited
8.3 Capstone Green Energy Corporation
8.4 Doosan
8.5 Flex Energy Solutions
8.6 General Electric
8.7 Harbin Electric Corporation Co., Ltd.
8.8 Kawasaki Heavy Industries, Ltd.
8.9 MAN Energy Solutions
8.10 Mitsubishi Heavy Industries Ltd.
8.11 Opra Turbines
8.12 Rolls Royce PLC
8.13 Siemens
8.14 Solar Turbines Incorporated
8.15 VERICOR
8.16 Wдrtsilд
CHAPTER 1 METHODOLOGY & SCOPE
1.1 Market scope & definitions
1.2 Market estimates & forecast parameters
1.3 Forecast calculation
1.4 Data sources
1.4.1 Primary
1.4.2 Secondary
1.4.2.1 Paid
1.4.2.2 Public
CHAPTER 2 INDUSTRY INSIGHTS
2.1 Industry ecosystem analysis
2.2 Regulatory landscape
2.3 Industry impact forces
2.3.1 Growth drivers
2.3.2 Industry pitfalls & challenges
2.4 Growth potential analysis
2.5 Porter's analysis
2.5.1 Bargaining power of suppliers
2.5.2 Bargaining power of buyers
2.5.3 Threat of new entrants
2.5.4 Threat of substitutes
2.6 PESTEL analysis
CHAPTER 3 COMPETITIVE LANDSCAPE, 2024
3.1 Strategic outlook
3.2 Innovation & sustainability landscape
CHAPTER 4 MARKET SIZE AND FORECAST, BY CAPACITY (USD MILLION & MW)
4.1 Key trends
4.2 ? 50 kW
4.3 > 50 kW to 500 kW
4.4 > 500 kW to 1 MW
4.5 > 1 MW to 30 MW
4.6 > 30 MW to 70 MW
4.7 > 70 MW to 200 MW
4.8 > 200 MW
CHAPTER 5 MARKET SIZE AND FORECAST, BY TECHNOLOGY (USD MILLION & MW)
5.1 Key trends
5.2 Open cycle
5.3 Combined cycle
CHAPTER 6 MARKET SIZE AND FORECAST, BY APPLICATION (USD MILLION & MW)
6.1 Key trends
6.2 Power plants
6.3 Oil & gas
6.4 Process plants
6.5 Aviation
6.6 Marine
6.7 Others
CHAPTER 7 MARKET SIZE AND FORECAST, BY COUNTRY (USD MILLION & MW)
7.1 Key trends
7.2 Saudi Arabia
7.3 UAE
7.4 Qatar
7.5 Kuwait
7.6 Oman
7.7 Egypt
7.8 Turkey
7.9 Bahrain
7.10 Iraq
7.11 Jordan
7.12 Lebanon
7.13 South Africa
7.14 Nigeria
7.15 Algeria
7.16 Kenya
7.17 Ghana
CHAPTER 8 COMPANY PROFILES
8.1 Ansaldo Energia
8.2 Bharat Heavy Electricals Limited
8.3 Capstone Green Energy Corporation
8.4 Doosan
8.5 Flex Energy Solutions
8.6 General Electric
8.7 Harbin Electric Corporation Co., Ltd.
8.8 Kawasaki Heavy Industries, Ltd.
8.9 MAN Energy Solutions
8.10 Mitsubishi Heavy Industries Ltd.
8.11 Opra Turbines
8.12 Rolls Royce PLC
8.13 Siemens
8.14 Solar Turbines Incorporated
8.15 VERICOR
8.16 Wдrtsilд
