Key Market Indicators
France's gas turbine imports are projected to hit approximately $23.7 billion by 2028, up from around $20 billion in 2023. This reflects an annual growth rate of 2.7%. Since 1999, the demand for gas turbines in France has seen an average yearly increase of 5.4%. On the export front, France's gas turbine industry is expected to reach about $20.7 billion by 2028, growing from $17.9 billion in 2023. This indicates a compound annual growth rate (CAGR) of 2.3%. Over the years, French gas turbine supply has grown by 2% annually since 1999. In 2023, France ranked second in global gas turbine exports, trailing only the United Kingdom. France was followed by Singapore and Germany in the third and fourth positions, respectively.
