Aeroderivative gas turbines are a lighter version of regular gas turbines designed for air use, such as in airplanes. They efficiently mix and burn fuel and air to create smaller fuel particles for better combustion. These turbines are reliable, flexible, cost-effective, and provide cheaper power, better quality grid energy, and cleaner energy with lower emissions compared to reciprocating engines. They are also easy to maintain, integrate, and install, making them popular in combined heat and power generation.

Drivers: The widespread use of aeroderivative gas turbines in the oil and gas industry is a key factor driving market growth. This is due to the increasing use of decentralized renewable energy solutions. Growing environmental concerns about the negative effects of non-renewable energy sources, like coal and petroleum, also contribute to this growth. Additionally, the adoption of sustainable frameworks by governments encourages manufacturers to upgrade traditional power plants with aeroderivative gas turbines, which are efficient and reduce harmful gas emissions. These solutions are suitable for applications needing lightweight devices.

Challenges: The high cost of producing AGTs becomes a major obstacle, making it hard to stay in business. Potential purchasers should be present in this market to overcome it. Due to their greater sustainability and lower maintenance requirements, alternative energy sources like solar and wind could pose a threat.

Price fluctuations for raw materials used in the production of aeroderivative gas turbines are a major problem because inflation is a major problem in every business. The market for aeroderivative gas turbines is also restricted in its ability to employ a variety of fuels, which is another significant constraint.

Market Trends: The market for aeroderivative gas turbines has recently seen developments in smaller and lighter designs, which make them simpler to install and, consequently, lower maintenance costs. Furthermore, dual-fuel systems are developing in this field to allow hybrid systems to function more freely in the production of electricity. When paired with remote monitoring technologies, digitalisation is also becoming more and more common. This allows for better performance optimisation than predictive maintenance. All of these trends will probably have an impact on future advancements in this field by spurring innovation and making space for more applications in other industries.

Ansaldo Energia, Baker Hughes Company, Bharat Heavy Electricals Limited, Capstone Green Energy Corporation, Collins Aerospace, General Electric, Harbin Electric Corporation, Kawasaki Heavy Industries, Ltd, MAN Energy Solutions, Mitsubishi Heavy Industries, OPRA Turbines, and Pratt & Whitney are just a few of the major market players that are thoroughly examined in this market study along with revenue analysis, market segments, and competitive landscape data.

By Capacity: Based on the Capacity, Europe Aeroderivative Gas Turbine Market is segmented as; ≤ 50 kW, > 50 to 500 kW, > 500 kW to 1 MW, > 1 to 30 MW, > 30 to 70 MW, > 70 MW.

By Technology: Based on the Technology, Europe Aeroderivative Gas Turbine Market is segmented as; Open Cycle, Combined Cycle.

By Application: Based on the Application, Europe Aeroderivative Gas Turbine Market is segmented as; Power Plants, Oil & Gas, Process Plants, Aviation, Marine, Others.

By Region: This research also includes data for France, Germany, Italy, Spain, United Kingdom, Rest of Europe.

This study also encompasses various drivers and restraining factors of this market for the forecast period. Various growth opportunities are also discussed in the report.