The global export market for gas turbine engines not exceeding 5000 kW has witnessed varied country-level performances. In 2023, Poland led the market with notable growth of 6.17%, followed by robust increases in Canada and Singapore. However, major players like the United States and Germany showed declines, at -4.02% and -14.61% respectively. Smaller markets saw impressive gains, with Bosnia and Herzegovina, Israel, and Peru marking the highest growth. Over five years, South Korea exhibited significant momentum, whereas France experienced a substantial reduction.
Future trends to watch include technological advancements driving efficiency and environmental compliance, impacting demand on a global scale. The geopolitical landscape may also influence trade patterns, particularly in energy sectors, necessitating adaptability among nations. Additionally, emerging markets may continue to show growth as global demand for energy solutions evolves.
Top countries in Export of Gas Turbine Engines of a Power Not Exceeding 5000 kW Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Poland | 21.48 | 2023 | +4.83% | +6.17% | View data |
| 2 | 2 Canada | 18.21 | 2023 | +2.55% | +2.61% | View data |
| 3 | 3 Singapore | 16.42 | 2023 | +4.56% | +4.73% | View data |
| 4 | 4 United Kingdom | 13.25 | 2023 | +3.54% | +1.72% | View data |
| 5 | 5 United States | 7.78 | 2023 | -2.03% | -4.02% | View data |
| 6 | 6 United Arab Emirates | 5 | 2023 | +6.18% | +2.08% | View data |
| 7 | 7 Russia | 2.61 | 2023 | +4.07% | +2.38% | View data |
| 8 | 8 India | 1.92 | 2023 | +6.01% | +2.79% | View data |
| 9 | 9 Germany | 1.17 | 2023 | -13.88% | -14.61% | View data |
| 10 | 10 Czech Republic | 1.13 | 2023 | +5.67% | +14.02% | View data |
