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    China Gas Turbine Market

    ID: MRFR/E&P/46888-HCR
    200 Pages
    Chitranshi Jaiswal
    October 2025

    China Gas Turbine Market Research Report By Type (Industrial, Heavy-Duty, Aeroderivative), By Rating Capacity (Less Than 40 MW, 40 to 120 MW, 121 to 300 MW, Above 300 MW), By End-User (Power Generation, Oil & Gas, Marine, Process Plants, Others), and By Technology (Open Cycle, Combined Cycle)- Forecast to 2035

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    China Gas Turbine Market Infographic
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    China Gas Turbine Market Summary

    The China Gas Turbine market is projected to grow from 25.75 USD Billion in 2024 to 45.12 USD Billion by 2035, reflecting a robust growth trajectory.

    Key Market Trends & Highlights

    China Gas Turbine Key Trends and Highlights

    • The market is expected to expand at a compound annual growth rate of 5.23 percent from 2025 to 2035.
    • By 2035, the market valuation is anticipated to reach 45.12 USD Billion, indicating strong demand for gas turbine technology.
    • In 2024, the market is valued at 25.75 USD Billion, showcasing a solid foundation for future growth.
    • Growing adoption of gas turbines due to increasing energy efficiency requirements is a major market driver.

    Market Size & Forecast

    2024 Market Size 25.75 (USD Billion)
    2035 Market Size 45.12 (USD Billion)
    CAGR (2025 - 2035) 5.23%

    Major Players

    Alibaba Group (CN), Tencent Holdings (CN), China Mobile (CN), Baidu (CN), JD.com (CN), China National Petroleum (CN), China State Construction Engineering (CN), Industrial and Commercial Bank of China (CN), China Life Insurance (CN)

    China Gas Turbine Market Trends

    The upgrade of the current gas infrastructure is likewise a major need. In order to improve performance and adhere to more stringent environmental requirements, numerous energy corporations are looking to replace outdated facilities with more modern gas turbines.

    Gas turbine manufacturers now have the chance to offer innovative solutions that are suited to regional requirements thanks to this modernization trend. Additionally, the market is seeing a rise in cooperation between local and foreign participants.

    Collaborations between domestic businesses and overseas manufacturers can result in innovation and technology transfer as China seeks to improve its indigenous capabilities in high-performance gas turbines.

    This partnership is essential for growing the industry and filling in any potential technological gaps. The market for gas turbines is also fueled by China's growing need for power as a result of infrastructural development, industrialization, and urbanization.

    The requirement for dependable and effective power generation grows as cities keep growing and new industries appear. Overall, the China gas turbine market is poised for significant development and evolution due to a mix of government efforts, technological breakthroughs, and rising energy demand.

    Market Segment Insights

    Gas Turbine Market Type Insights

    Gas Turbine Market Type Insights

    The China Gas Turbine Market, which is an essential component of the country's energy landscape, is broadly categorized into various types, including Industrial, Heavy-Duty, and Aeroderivative gas turbines.

    This segmentation reflects the diverse applications of gas turbines across different sectors in China, where there is a growing demand for energy efficiency and reduced emission solutions amid the increasing concerns over environmental impact and energy sustainability.

    Industrial gas turbines have gained popularity due to their flexibility in various industrial applications, capable of providing electricity and heat for manufacturing processes. Their ability to operate efficiently at smaller scales makes them a fundamental asset in China's industrial growth.

    Heavy-duty gas turbines, known for their robustness and reliability, are predominantly used in large-scale power generation facilities. They play a critical role in meeting the country's rising energy demands, especially in urban areas where power supply stability is paramount.

    Gas Turbine Market Rating Capacity Insights

    Gas Turbine Market Rating Capacity Insights

    The Rating Capacity segment of the China Gas Turbine Market plays a crucial role in meeting the country's growing energy demands. This segment is categorized into various capacities, including Less Than 40 MW, 40 to 120 MW, 121 to 300 MW, and Above 300 MW.

    Among these, turbines with capacities between 40 to 120 MW are particularly significant due to their versatility in both industrial and utility applications, making them highly sought after for mid-scale power generation. The segment of turbines above 300 MW aligns with China's push towards large-scale and more efficient energy solutions, contributing to major industrial projects and infrastructure developments.

    Less Than 40 MW turbines, often used in smaller installations, cater to specific applications such as renewable energy integration and are gaining traction in areas focused on sustainable practices. Meanwhile, the 121 to 300 MW segment finds its relevance in providing reliable baseload power, essential for stability in the rapidly expanding energy sector.

    Overall, the diversity in Rating Capacity highlights the adaptability of the gas turbine technology to various energy needs and the overall growth of the China Gas Turbine Market.

    Gas Turbine Market End-User Insights

    Gas Turbine Market End-User Insights

    The End-User segment of the China Gas Turbine Market encompasses various critical areas, including Power Generation, Oil and Gas, Marine, Process Plants, and Others, reflecting the diverse applications of gas turbines across the economy.

    Power Generation remains a pivotal segment due to China's increasing energy demands and a shift towards cleaner energy sources, contributing significantly to overall market growth. The Oil and Gas sector is equally influential, with gas turbines being essential in both upstream and downstream operations, enhancing efficiency and reducing emissions.

    In Marine applications, gas turbines are utilized in vessels for propulsion and power generation, highlighting their versatility in adapting to high-performance requirements. Process Plants leverage gas turbines for combined heat and power applications, improving energy efficiency in operational processes.

    Additionally, other sectors, such as industrial applications, also benefit from gas turbines' reliability and efficiency, further emphasizing their role in supporting China's industrial growth.

    Gas Turbine Market Technology Insights

    Gas Turbine Market Technology Insights

    The Technology segment of the China Gas Turbine Market plays a crucial role in the evolution of energy production and efficiency within the country. As China continues to focus on reducing carbon emissions and enhancing energy security, gas turbines have gained prominence in driving innovation.

    The Open Cycle and Combined Cycle technologies represent key pathways, with Open Cycle systems being favored for their quick installation and operational flexibility, making them suitable for peak load power generation. On the other hand, Combined Cycle systems are increasingly adopted for their superior efficiency and lower emissions, capturing waste heat and converting it into additional electricity.

    This combination not only enhances the operational efficiency of power plants but also aligns with China's goals of sustainable energy development. The increasing investments from both public and private sectors in research and development within these technologies signify their importance in shaping the future landscape of the China Gas Turbine Market.

    Furthermore, as the demand for cleaner and more efficient energy production rises, these technological advancements will progressively drive growth, reflecting a significant trend in the broader energy industry landscape in China.

    Get more detailed insights about China Gas Turbine Market

    Key Players and Competitive Insights

    The China Gas Turbine Market has experienced significant growth due to a confluence of factors, including industrial expansion, energy demand, and government initiatives promoting cleaner energy solutions. The market landscape is highly competitive, featuring an array of manufacturers that engage in constant innovation to enhance performance and efficiency.

    The demand for gas turbines is primarily driven by their ability to offer both reliability and flexibility in power generation, making them a vital asset in addressing the country's energy security and environmental goals.

    Companies operating in this market are constantly striving to improve their technological capabilities while navigating the complex regulatory environment and competition from alternative energy sources.

    Turboden has carved out a niche in the China Gas Turbine Market by focusing on high-efficiency solutions tailored to the specific needs of the region. The company leverages advanced technology to enhance the performance of its gas turbines, emphasizing combined heat and power applications that align well with China's objectives for energy conservation and carbon reduction.

    Their strength lies in their ability to provide customized solutions that cater to local energy requirements, thus securing a solid foothold in regional markets. Moreover, Turboden's partnerships with local entities have facilitated a deeper understanding of market dynamics and customer preferences, allowing them to maintain a competitive edge over other players in the sector.

    Wartsila is another key player in the China Gas Turbine Market, recognized for its extensive range of products and services, including state-of-the-art power plants, integrated solutions, and maintenance services. The company enjoys a strong market presence supported by its commitment to innovation and sustainability, which resonates well with the goals of Chinese energy policy.

    Wartsila's strengths include a well-established reputation for reliability and efficiency, coupled with significant investments in research and development to bolster its technological offerings.

    The company has made strategic mergers and acquisitions that enhance its capability to meet the emerging needs of the Chinese market, strengthening its ability to provide customized solutions and solidifying its position as a leading player in the industry.

    Wartsila's focus on environmental sustainability and operational efficiency continues to attract interest from various sectors undertaking energy projects throughout China.

    Key Companies in the China Gas Turbine Market market include

    Industry Developments

    Recent developments in the China Gas Turbine Market have showcased significant advancements and increased investments in clean energy technologies. Companies such as Harbin Electric and Dongfang Electric have been actively involved in developing high-efficiency gas turbines to meet the growing demand for cleaner energy solutions in China.

    As of September 2023, the Chinese government has announced plans to boost renewable energy utilization, which impacts the gas turbine sector significantly, especially amid efforts to reduce carbon emissions. In terms of mergers and acquisitions, there have not been recent announcements involving the specific companies of interest within the last couple of months.

    However, certain firms like Siemens and General Electric continue to pursue partnerships aimed at enhancing their technological capabilities in gas turbine manufacturing. Additionally, the market valuation for companies like Wartsila and Mitsubishi Power has shown a steady increase, indicating robust growth potential in China's energy sector.

    Over the past two to three years, innovative approaches to gas turbine engineering and commitments to sustainable practices have greatly influenced the competitive landscape within this segment.

    Market Segmentation

    Gas Turbine Market Type Outlook

    • Industrial
    • Heavy-Duty
    • Aeroderivative

    Gas Turbine Market End-User Outlook

    • Power Generation
    • Oil & Gas
    • Marine
    • Process Plants
    • Others

    Gas Turbine Market Technology Outlook

    • Open Cycle
    • Combined Cycle

    Gas Turbine Market Rating Capacity Outlook

    • Less Than 40 MW
    • 40 to 120 MW
    • 121 to 300 MW
    • Above 300 MW

    Report Scope

    Report Attribute/Metric Source: Details
    MARKET SIZE 2023 4.49 (USD Billion)
    MARKET SIZE 2024 5.5 (USD Billion)
    MARKET SIZE 2035 9.3 (USD Billion)
    COMPOUND ANNUAL GROWTH RATE (CAGR) 4.891% (2025 - 2035)
    REPORT COVERAGE Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
    BASE YEAR 2024
    MARKET FORECAST PERIOD 2025 - 2035
    HISTORICAL DATA 2019 - 2024
    MARKET FORECAST UNITS USD Billion
    KEY COMPANIES PROFILED Turboden, Wartsila, Shaanxi Blower Works, Harbin Electric, Siemens, China National Turbine, General Electric, United Technologies, RollsRoyce, Dongfang Electric, Alstom, China Southern Power Grid, Zhejiang Boda, Mitsubishi Power, Ansaldo Energia
    SEGMENTS COVERED Type, Rating Capacity, End-User, Technology
    KEY MARKET OPPORTUNITIES Increased demand for cleaner energy, Expansion of renewable energy projects, Government incentives for gas turbine technology, Growth in industrial applications, Upgrades to existing power plants
    KEY MARKET DYNAMICS growing energy demand, government regulations support, technological advancements, increasing industrial applications, transition to cleaner fuels
    COUNTRIES COVERED China

    FAQs

    What is the expected market size of the China Gas Turbine Market in 2024?

    The China Gas Turbine Market is expected to be valued at 5.5 billion USD in 2024.

    What is the projected market value of the China Gas Turbine Market by 2035?

    By 2035, the China Gas Turbine Market is expected to reach a value of 9.3 billion USD.

    What is the expected compound annual growth rate (CAGR) for the China Gas Turbine Market from 2025 to 2035?

    The expected CAGR for the China Gas Turbine Market from 2025 to 2035 is 4.891 percent.

    Which type of gas turbine holds the largest market share in China?

    The industrial gas turbine segment holds the largest market share, valued at 2.1 billion USD in 2024.

    What is the estimated market size for the Heavy-Duty gas turbines in 2035?

    The Heavy-Duty gas turbines segment is projected to be valued at 3.0 billion USD by 2035.

    How much is the Aeroderivative segment expected to grow from 2024 to 2035?

    The Aeroderivative segment is expected to grow from 1.6 billion USD in 2024 to 2.8 billion USD in 2035.

    Who are the major competitors in the China Gas Turbine Market?

    Key players in the market include Siemens, General Electric, and Mitsubishi Power among others.

    What opportunities are emerging in the China Gas Turbine Market?

    Emerging trends include the shift towards cleaner energy solutions and advancements in turbine technology.

    What challenges does the China Gas Turbine Market face?

    Challenges include regulatory hurdles and competition from renewable energy sources.

    How is the demand for gas turbines expected to change in the coming years?

    Demand for gas turbines is expected to rise steadily as industries seek efficient energy solutions.

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