Gas Turbines Market 2021 Analysis May Set New Growth Story, Forecast to 2027

The Global Gas Turbines Market size is expected to grow at an annual average of 6.3% during 2021-2027. In the past few years, gas turbines have witnessed exponential growth due to technological advances that have led to the design and development of high-efficiency gas turbine units. Gas turbines are used in a variety of services, from jet engines and simple mechanical drives on land, sea and air to sophisticated gas lasers and supersonic wind tunnels. In aerospace applications, these devices are called jets, turbojets, turbofans, and turboprops. In land and offshore based applications, these devices are referred to as mechanically driven gas turbines.

A full report of Global Gas Turbines Market is available at: https://www.orionmarketreports.com/gas-turbines-market/45826/

The following players are covered in this report:

 By Technology

  • Open Cycle
  • Combined Cycle

By Application

  • Power Generation
  • Oil & Gas
  • Other Industrial

By Design Type

  • Heavy Duty
  • Aeroderivative

By Rating Capacity

  • Less than 40 MW
  • 40–120 MW
  • 120–300 MW

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(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)