Global Gas Turbine Market Size Report|Forecast 2028|Delvens

The global gas turbine Market size is projected to reach a CAGR of 5.3% from 2022-2028.

Gas turbine is a mechanical device, which harnesses energy from working fluid or gas by utilizing its kinetic energy or potential energy. These turbines run on brayton cycle, which is equipped with a heater, compressor, turbine, and cooler. The working fluid undergoes thermodynamic process where the system converts mechanical/heat energy into rotating energy, which, in turn, produces the electricity as output.

Rapid technological advancements in the energy sector coupled with increase in focus toward distributed power generation technology, are some of the factors that have supported long-term expansion for Gas Turbine Market.