Key Market Indicators
British Gas Turbine Imports are projected to surge to approximately $27.7 billion by 2028, up from around $24.1 billion in 2023. This represents an annual growth rate of 2.2%. Since 1998, the demand for gas turbines in the UK has increased by an average of 3.4% each year. On the export front, British Gas Turbine Exports are anticipated to climb to roughly $31.1 billion by 2028, up from about $27.7 billion in 2023. This marks an annual growth rate of 1.9%. Since 1998, the UK's supply of gas turbines has seen an average annual rise of 2.1%. France, Singapore, and Germany rank second, third, and fourth, respectively, in this sector, underscoring the UK's strong position in the global gas turbine market.
