Key Market Indicators
Vietnamese imports of gas turbines are projected to climb to approximately $141 million by 2028, up from around $137 million in 2023. This marks a steady growth rate of 0.5% annually. The demand for gas turbines in Vietnam has seen a gradual increase of 0.7% per year since 2005. On the export front, Vietnam's gas turbine shipments are expected to reach nearly $11 million by 2028, rising from about $8.7 million in 2023. This represents an average annual growth rate of 3.2%. Since 2006, the country's supply of gas turbines has surged by 5.3% each year.
