Key Market Indicators
The UAE gas turbine market is expected to reach $9.2 billion by 2026. This is an increase from the $7.2 billion recorded in 2021, with an average growth rate of 1.8% year on year. In 2021, the UAE was the eighth-largest importer of gas turbines, behind China, the UK, France, Singapore, the USA, Japan and Germany. The UAE also exports gas turbines, and this is expected to reach $1.9 billion by 2026, up from $1.7 billion in 2021. This is an increase of 2.5% year on year. In 2021, the UAE was the 17th-largest exporter of gas turbines, behind Belgium, France, Singapore, Germany, China, the USA, Italy, the UK, Japan, Mexico, Canada, Switzerland, Turkey, Spain, the Netherlands, and India.
The United Arab Emirates Turbine Market Data and Forecasts
How much will the United Arab Emirates Turbine Market grow to 2026?
More in Turbine Industry for 2028Improve your Knowledge with the latest Indicators and Trends
-
Turbines Sector: Insightful Exploration of Market Dynamics and Futuristic Trends
The turbine sector, at present, exhibits progressive growth, spurred on by the rising investments in power generation capacities globally. Interestingly, wind and gas turbine spaces are attracting considerable interest, driven by environmental considerations and energy efficiency demands. Market diversification is further fueled by burgeoning demands in both developed and emerging...
Discover more insights -
Wind Turbine Industry: Comprehensive Insights into Towers, Generators, and Gearboxes Markets
The construction and production of wind turbine towers are critical aspects of the wind energy market. A salient factor propelling this market is the increasing focus from governments globally towards renewable sources of energy to reduce greenhouse gas emissions. Another significant factor is the constant endeavor to enhance the efficiency...
Discover more insights -
Steam and Vapour Turbines: Unraveling Global Market Trends, Size, and Forecast Developments
The global marketplace for steam and vapour turbines is witnessing a significant growth trajectory. Key factors include rising industrialization, expanding power generation capacities in emerging economies, and growing adoption of Combined Heat and Power (CHP) systems. These turbines are integral to various industrial applications such as power plants, process industries,...
Discover more insights -
Wind Energy: Decoding the Future of Direct Drive Turbine Market Segments
The direct drive wind turbine market comprises an array of wind power generators that utilize direct drive technology. This eliminates the need for a gearbox, thereby reducing mechanical complexities. The advantage of high efficiency, lower maintenance cost, and less wear and tear compared to geared wind turbines facilitate the growth...
Discover more insights -
Wind Turbine Industry: Exploring Trends and Opportunities in Monitoring, Maintenance, and Inspection Drones
The wind turbine sector has consistently been evolving with increased investments and developments in technology. Particularly noteworthy is the rise of innovative maintenance practices, signaling a shift in industry focus from installation towards optimizing operation and performance of the infrastructure. Emphasis on preventive maintenance to reduce unexpected downtime and increase...
Discover more insights