Key Market Indicators
Austrian gas turbine exports are projected to hit approximately $420 million by 2028, up from around $360 million in 2023. This represents an annual growth rate of 2.6%. Since 1999, Austria has seen its gas turbine supply increase by 3.1% annually. In 2023, Austria ranked 30th in global gas turbine exports, with Israel slightly ahead at the same figure of $360 million. Leading the rankings were France, Singapore, and Germany, securing the second, third, and fourth positions, respectively. On the import side, Austrian gas turbine imports are expected to reach roughly $246 million by 2028, up from about $209 million in 2023, also growing at an annual rate of 2.6%. Since 1999, Austria's demand for gas turbines has grown by 1.5% each year.
