Global Gas Turbine Trends in 2022
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The global gas turbine import market is forecast to reach $188 billion by 2026, up 2% year-on-year on average. Since 2017, demand has grown 6.6% annually. In 2021, the US led the world in gas turbine imports at $28 billion. The UK, France, and Singapore followed respectively. Benin saw an increase of 641.8% year-on-year, while Madagascar decreased by 60.2% year-on-year since 2017. Global gas turbine export is expected to reach $145.6 billion by 2026, up 1.7% year-on-year on average. Since 2016, supply has grown 6.3% annually. In 2021, the UK led the world in gas turbine exports at $26.3 billion. France, Singapore, and Germany followed respectively. Aruba saw an increase of 834.9% year-on-year, while Tanzania was down by 94% year-on-year since 2016.
Top 10 countries
In 2022 major markets in the Gas Turbine Industry were:
Gas Turbine Market Data and Forecasts
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More in Gas Turbine Industry for 2028Global Gas Turbine Statistics
- Gas Turbine Import 191 countries (Asia, Africa, Sub-Saharan Africa...)
- Gas Turbine Export 176 countries (Asia, Africa, Sub-Saharan Africa...)
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- Industrial Equipment Export 189 countries (Asia, Latin America, Africa...)
- Vehicle Import 192 countries (Africa, Asia, Sub-Saharan Africa...)
- Vehicle Export 187 countries (Asia, Africa, Latin America...)
- Electricity Capacity 52 countries (Europe, Southern Europe, Northern Europe...)
- Gas Turbine Sales 8 countries (Europe, European Union, United Kingdom...)
- Gas Turbine Production 8 countries (Europe, European Union, United Kingdom...)