Key Market Indicators
Bahrain's gas turbine import market is projected to reach approximately $452 million by 2028, up from around $358 million in 2023. This represents a compound annual growth rate (CAGR) of 3.6%. Since 2005, the demand for gas turbines in Bahrain has increased by an average of 3.9% per year. On the export front, Bahrain is expected to see its gas turbine exports rise to $26 million by 2028, compared to $24 million in 2023. This marks an average annual growth rate of 1.4%. Since 2008, Bahraini gas turbine exports have grown at an annual average rate of 5.1%. In 2023, Bahrain ranked 46th globally for gas turbine exports, with Slovenia surpassing it with $24 million in exports. Leading the global rankings were France, Singapore, and Germany, occupying the second, third, and fourth spots, respectively.
