The global export market for gas turbine engines in 2024 sees the United Kingdom leading with the highest share, followed by France and Singapore. While the U.S., historically a significant player, shows a decreasing trend with a -3.18% variation from the previous year. Emerging markets like Poland and Brazil have shown notable growth with year-on-year increases of 6.23% and 5.54%, respectively. China and India continue to rise steadily, while countries like Switzerland and Ukraine face declines. The diversity of countries involved underscores a competitive global landscape.
Future trends to watch include the potential for increased exports from rapidly growing markets such as Brazil, Poland, and Greece. Market dynamics might shift due to geopolitical changes, advancements in turbine technology, and environmental policies favoring cleaner energy sources. Tracking innovation and international trade policies will be crucial for anticipating market movements.
Top countries in Export of Gas Turbine Engine Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 21.03 | 2023 | +2.46% | +2.11% | View data |
| 2 | 2 France | 13.61 | 2023 | +3.07% | +2.01% | View data |
| 3 | 3 Singapore | 10.65 | 2023 | +5.26% | +3.29% | View data |
| 4 | 4 Germany | 9.72 | 2023 | +2.43% | +1.3% | View data |
| 5 | 5 United States | 5.79 | 2023 | -3.61% | -3.18% | View data |
| 6 | 6 Canada | 5.5 | 2023 | +2.77% | +2% | View data |
| 7 | 7 Japan | 4.3 | 2023 | +2.45% | +1.65% | View data |
| 8 | 8 Netherlands | 4.1 | 2023 | +3.96% | +3.74% | View data |
| 9 | 9 China | 3.44 | 2023 | +3.64% | +5.35% | View data |
| 10 | 10 Brazil | 3.44 | 2023 | +5.04% | +5.54% | View data |
