Key Market Indicators
The French gas turbine industry is set to see booming growth over the next five years. Imports are expected to grow by 3% year-on-year to reach $22.1 billion by 2026, up from $18.5 billion in 2021. Since 1999, demand for French gas turbines has grown at an average rate of 11.6% year-on-year. In 2021, the United Kingdom was the leading importer, followed by France and Singapore in third and fourth place respectively. Exports of French gas turbines are also expected to increase to $19.5 billion by 2026, up from $16.8 billion in 2021. This is driven by an average year-on-year growth rate of 2.5%. Since 1999, the supply of French gas turbines has increased at a rate of 7.8% year-on-year. In 2021, the United Kingdom was the leading exporter, followed by France, Singapore and Germany in second, third and fourth place respectively.
France Turbine Market Data and Forecasts
How much will France Turbine Market grow to 2026?
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