Product Code: ETC089819 | Publication Date: Jun 2021 | Updated Date: Sep 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
United Arab Emirates (UAE) Gas Turbine market currently, in 2023, has witnessed an HHI of 5357, Which has increased moderately as compared to the HHI of 4334 in 2017. The market is moving towards concentrated. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
The United Arab Emirates (UAE) Gas Turbine market has witnessed substantial growth in recent years, driven by the country`s increasing energy demand and efforts to diversify its energy mix. Gas turbines are essential components in power generation and other industrial applications, providing a reliable and efficient source of electricity and mechanical power. As the UAE focuses on sustainable development and reducing its carbon footprint, gas turbines play a significant role in the country`s energy transition and economic growth.
Several factors drive the demand for gas turbines in the UAE market. Firstly, the country`s rapid economic development and population growth have resulted in a surge in electricity demand. Gas turbines offer a flexible and efficient solution for electricity generation, supporting the UAE expanding power grid. Secondly, the government`s initiatives to promote clean energy and reduce reliance on fossil fuels have led to increased investments in gas-fired power plants and renewable energy projects, further driving the demand for gas turbines.
The UAE Gas Turbine market faces certain challenges. One of the main challenges is the volatility of natural gas prices, which can impact the operating costs of gas-fired power plants. Maintaining cost-effective energy production while ensuring a stable supply of natural gas is crucial for power plant operators. Additionally, stringent environmental regulations and emissions standards pose challenges for gas turbine manufacturers and operators, requiring continuous technological advancements to reduce emissions and improve efficiency.
The Covid-19 pandemic had a notable impact on the UAE Gas Turbine market. During the pandemic, the country witnessed a temporary decline in electricity demand due to reduced economic activities and travel restrictions. However, the market`s recovery was relatively swift, supported by the gradual easing of restrictions and the resumption of economic activities. Gas-fired power plants remained a vital part of the UAE energy infrastructure during the pandemic, ensuring a stable supply of electricity to meet essential needs.
In the UAE Gas Turbine market, several key players have a significant presence. Leading global turbine manufacturers, such as General Electric (GE), Siemens, and Mitsubishi Hitachi Power Systems (MHPS), are major suppliers of gas turbines in the country. These key players offer a wide range of turbine models with varying capacities and technological features to meet the specific requirements of power plants and industrial applications.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 United Arab Emirates (UAE) Gas turbine Market Overview |
3.1 United Arab Emirates (UAE) Country Macro Economic Indicators |
3.2 United Arab Emirates (UAE) Gas turbine Market Revenues & Volume, 2021 & 2031F |
3.3 United Arab Emirates (UAE) Gas turbine Market - Industry Life Cycle |
3.4 United Arab Emirates (UAE) Gas turbine Market - Porter's Five Forces |
3.5 United Arab Emirates (UAE) Gas turbine Market Revenues & Volume Share, By Technology, 2021 & 2031F |
3.6 United Arab Emirates (UAE) Gas turbine Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 United Arab Emirates (UAE) Gas turbine Market Revenues & Volume Share, By Design Type, 2021 & 2031F |
3.8 United Arab Emirates (UAE) Gas turbine Market Revenues & Volume Share, By Capacity, 2021 & 2031F |
4 United Arab Emirates (UAE) Gas turbine Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for electricity and power generation in the UAE |
4.2.2 Growing industrial sector in the UAE leading to higher demand for gas turbines |
4.2.3 Government initiatives and investments in infrastructure and energy projects in the UAE |
4.3 Market Restraints |
4.3.1 Volatility in global oil and gas prices affecting investment decisions in gas turbine projects |
4.3.2 Environmental concerns and regulations impacting the adoption of gas turbines |
4.3.3 Competition from renewable energy sources in the UAE energy market |
5 United Arab Emirates (UAE) Gas turbine Market Trends |
6 United Arab Emirates (UAE) Gas turbine Market, By Types |
6.1 United Arab Emirates (UAE) Gas turbine Market, By Technology |
6.1.1 Overview and Analysis |
6.1.2 United Arab Emirates (UAE) Gas turbine Market Revenues & Volume, By Technology, 2021-2031F |
6.1.3 United Arab Emirates (UAE) Gas turbine Market Revenues & Volume, By Open Cycle, 2021-2031F |
6.1.4 United Arab Emirates (UAE) Gas turbine Market Revenues & Volume, By Combined Cycle, 2021-2031F |
6.2 United Arab Emirates (UAE) Gas turbine Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 United Arab Emirates (UAE) Gas turbine Market Revenues & Volume, By Power Generation, 2021-2031F |
6.2.3 United Arab Emirates (UAE) Gas turbine Market Revenues & Volume, By Oil & Gas, 2021-2031F |
6.2.4 United Arab Emirates (UAE) Gas turbine Market Revenues & Volume, By Other, 2021-2031F |
6.3 United Arab Emirates (UAE) Gas turbine Market, By Design Type |
6.3.1 Overview and Analysis |
6.3.2 United Arab Emirates (UAE) Gas turbine Market Revenues & Volume, By Heavy Duty, 2021-2031F |
6.3.3 United Arab Emirates (UAE) Gas turbine Market Revenues & Volume, By Aeroderivative, 2021-2031F |
6.4 United Arab Emirates (UAE) Gas turbine Market, By Capacity |
6.4.1 Overview and Analysis |
6.4.2 United Arab Emirates (UAE) Gas turbine Market Revenues & Volume, By ?200 MW, 2021-2031F |
6.4.3 United Arab Emirates (UAE) Gas turbine Market Revenues & Volume, By >200 MW, 2021-2031F |
7 United Arab Emirates (UAE) Gas turbine Market Import-Export Trade Statistics |
7.1 United Arab Emirates (UAE) Gas turbine Market Export to Major Countries |
7.2 United Arab Emirates (UAE) Gas turbine Market Imports from Major Countries |
8 United Arab Emirates (UAE) Gas turbine Market Key Performance Indicators |
8.1 Capacity utilization rate of gas turbines in the UAE |
8.2 Average age of gas turbine installations in the UAE |
8.3 Investment in research and development for gas turbine technology in the UAE |
9 United Arab Emirates (UAE) Gas turbine Market - Opportunity Assessment |
9.1 United Arab Emirates (UAE) Gas turbine Market Opportunity Assessment, By Technology, 2021 & 2031F |
9.2 United Arab Emirates (UAE) Gas turbine Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 United Arab Emirates (UAE) Gas turbine Market Opportunity Assessment, By Design Type, 2021 & 2031F |
9.4 United Arab Emirates (UAE) Gas turbine Market Opportunity Assessment, By Capacity, 2021 & 2031F |
10 United Arab Emirates (UAE) Gas turbine Market - Competitive Landscape |
10.1 United Arab Emirates (UAE) Gas turbine Market Revenue Share, By Companies, 2024 |
10.2 United Arab Emirates (UAE) Gas turbine Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |