- Rising emphasis on energy efficiency, coupled with stringent regulatory norms regarding emissions, is encouraging process industries to adopt gas turbines for cogeneration and onsite power requirements
- Technological advancements in turbine designs, such as improved thermal efficiency and hybrid systems, are further boosting deployment in sectors including oil & gas, petrochemicals, and manufacturing
- North America dominated the process plants gas turbine market with the largest revenue share of 39.75% in 2024, driven by the extensive presence of oil & gas facilities and power-intensive industrial plants
- Asia-Pacific region is expected to witness the highest growth rate in the global process plants gas turbine market, driven by increasing industrialization, rising energy demand, and significant infrastructure development across countries such as China, India, and Southeast Asia.
- The heavy-duty gas turbine segment dominated the market with the largest market revenue share in 2024, driven by its high power output and robust design suitable for continuous industrial operations. These turbines are widely preferred in large-scale process plants due to their ability to handle heavy loads and prolonged usage. Their superior durability, lower maintenance frequency, and enhanced fuel efficiency also contribute to their strong demand across oil and gas and petrochemical industries
