The sold production of parts of gas turbines in the UK has seen a fluctuating trend from 2013 to 2023, with a notable peak in 2013 at 647.88 million euros and a declining trend thereafter. By 2023, the value stood at 372.58 million euros, marking a 2.49% year-on-year decrease from 2022 and demonstrating a compound annual growth rate (CAGR) of -0.63% over the past five years. The last two years reported a gradual decline in production, and the forecast suggests this trend will continue, with a projected five-year CAGR of -2.27%, leading to a decrease to 322.84 million euros by 2028.

Future trends to watch for include:

Technological advancements in gas turbines which may impact the demand for parts.
Changes in energy policies and their effects on the gas turbine market.
Global market dynamics and their influence on the UK's production capabilities.