Aeroderivative Gas Turbine Market Size, Share, Growth, Trends, and Global Industry Analysis: By Power Rating (Less than 30 MW, 30–70 MW, above 70 MW), Application (Power Generation, Mechanical Drive, Marine Propulsion, Oil & Gas, Others), By End User (Utilities, Industrial, Oil & Gas, Commercial, Others and Region Forecast 2020-2031

Aeroderivative Gas Turbine Market size was valued at US$ 3,439.2 million in 2024 and is expected to reach US$ 5,069.7 million by 2031, growing at a significant CAGR of 5.7% from 2025-2031. Moreover, the U.S. Aeroderivative Market is projected to grow significantly, reaching an estimated value of US$ XX Million by 2031. The market refers to the industry focused on the development, production, and deployment of lightweight gas turbines originally derived from aircraft jet engines. These turbines are adapted for industrial and utility-scale applications such as power generation, mechanical drive systems, and marine propulsion. Known for their high efficiency, fast start-up times, and flexible operation, aeroderivative turbines serve as a vital solution for distributed energy systems, backup power, and peak shaving in grids. Their compact design and modular nature make them particularly well-suited for mobile and offshore platforms, as well as remote installations.

The market is witnessing steady growth driven by the increased global demand for cleaner, more flexible power generation technologies. These turbines are increasingly being deployed in industries seeking reliable backup power, rapid deployment, and lower emissions compared to traditional heavy-frame turbines. Factors such as global energy transition efforts, rising energy demand in developing economies, and the modernization of aging grid infrastructure are boosting adoption.

Moreover, the ability of aeroderivative turbines to integrate well with renewable energy sources makes them an attractive solution for hybrid energy systems. The market is gaining traction across regions like North America, Europe, and Asia-Pacific, with key players actively investing in innovation and fuel-flexible technologies.

Facts & Figures

• In fact, Startup Time: Aeroderivative gas turbines can start in as little as 5 to 10 minutes, making them ideal for peaking and emergency power.
• Efficiency: These turbines achieve thermal efficiencies of up to 44%–46% in simple cycle and over 55% in combined cycle operations.
• Weight Advantage: Aeroderivative turbines weigh up to 60% less than heavy-duty industrial gas turbines of similar output.
• Power Range: Common models operate in the 15 MW to 100 MW power range, supporting both distributed generation and medium-scale utility needs.
• Fuel Flexibility: Over 70% of aeroderivative turbines globally can run on multiple fuels, including natural gas, LNG, and kerosene.
• Lifecycle: The typical service life of an aeroderivative turbine exceeds 20 years, with modular components enabling easier overhaul and upgrades.

Key Developments:

• In March 2025, GE Vernova, Inc., unveiled its latest generation of mobile aeroderivative gas turbines, described as "power plants on wheels." The newly introduced TM2500 Dry Low Emissions (DLE)* model is a waterless, mobile 34MW power unit designed to deliver efficient and dependable power both on and off the grid. This upgraded version achieves up to 39% efficiency while significantly reducing NOx emissions and waste, offering a cleaner and more flexible power solution.
• In July 2025, GE Vernova, Inc., entered into a major agreement with Crusoe, the first vertically integrated AI infrastructure provider, to supply 29 units of its advanced LM2500XPRESS aeroderivative gas turbine packages. These turbines will be deployed across Crusoe's AI data centers, supporting high-performance computing needs with reliable and efficient power generation tailored for energy-intensive digital operations.

Aeroderivative Gas Turbine Market Segmentation:

Based on the power rating:

• Less than 30 MW
• 30–70 MW
• Above 70 MW

Among the segments based on power rating, the 30–70 MW category is anticipated to lead the market. This dominance is attributed to the optimal balance this range offers between power output and operational flexibility. Aeroderivative turbines in this class are well-suited for both industrial and utility-scale applications, including grid stabilization, backup power, and mechanical drive operations in oil & gas sectors. Their relatively compact footprint, rapid deployment capability, and ability to operate on multiple fuels make them an ideal solution for regions seeking decentralized and peaking power systems.

Moreover, increased investments in mid-sized combined heat and power (CHP) plants and offshore platforms are reinforcing the preference for this rating band. With energy transition efforts accelerating, turbines in the 30–70 MW range are increasingly favored for their integration potential with renewable sources and minimal environmental impact, solidifying their leadership in the market.

Based on the application:

• Power Generation
• Mechanical Drive
• Marine Propulsion
• Oil & Gas
• Others

Among the application segments, Power Generation is anticipated to hold the leading share in the market. This is primarily driven by the rising global demand for flexible, decentralized, and cleaner power solutions. Aeroderivative turbines are increasingly deployed for peaking power plants, grid support, and backup systems due to their fast start-up capabilities, mobility, and lower emissions compared to traditional heavy-duty turbines. Their ability to complement intermittent renewable energy sources, such as wind and solar, makes them highly valuable in modernizing energy infrastructure.

Additionally, as many countries transition away from coal-fired plants and invest in gas-based and hybrid power systems, the demand for mid-sized, efficient, and responsive gas turbines is surging. Their operational efficiency and fuel flexibility further support power producers in maintaining energy security while meeting environmental regulations, reinforcing this segment's dominance in the market.

Based on the end user:

• Utilities
• Industrial
• Oil & Gas
• Commercial
• Others

Within the end-user segmentation of the market, the Utilities segment is projected to lead in terms of market share. This dominance is fueled by the sector's growing need for reliable, quick-start, and efficient power generation solutions to stabilize aging grids and support renewable energy integration. Utilities are increasingly turning to aeroderivative turbines due to their modularity, rapid deployment, and capability to handle peak loads and emergency power needs. These turbines serve as ideal backup sources for intermittent solar and wind energy, enhancing grid resilience.

Additionally, government policies supporting cleaner energy alternatives and the decommissioning of older coal-based plants are accelerating adoption. Their low emissions, high operational flexibility, and ability to run on multiple fuels make them particularly attractive for utility-scale operations aiming for both sustainability and performance. As power demand rises globally, especially in developing regions, utilities continue to be the primary adopters, reinforcing this segment’s leadership.