The sold production of parts for gas turbines in Sweden saw significant variability between 2013 and 2023. The highest production value was recorded in 2013, followed by a general decline until 2021. A noticeable increase occurred in 2020 with a value of 136.62 million euros, but was followed by a decline to 106.77 million euros in 2021. The trend reversed slightly after 2021, achieving a value of 118.56 million euros in 2023.
From 2023 onwards, forecast data suggest a steady year-on-year increase in production values. The compound annual growth rate (CAGR) from 2023 to 2028 is projected at 1.71%. By 2028, production is expected to increase by 8.87% relative to 2023, reaching 132.08 million euros.
Future trends to watch include potential technological improvements in gas turbine efficiency, evolving environmental regulations, and the impact of renewable energy sources on market demand. The shift towards more sustainable energy solutions may influence the production and innovation in parts related to gas turbines.
