Gas turbines |


Boom in orders leads to a three-year-plus delivery backlog


 Drew Robb


                 


      


   


MW


70 000 60 000 50 000 40 000 30 000 20 000 10 000 0


2019 2020 2021 MW 2022 Units


Global gas turbine orders have been trending upward since 2021 and are expected to be up again in 2025. 


    


   recent years.


    


The North American aeroderivative market in 2024 was dominated by sales of the GE Vernova LM6000 and LM2500+. The Mitsubishi Power FT8 also had a good year. 


          


   


16 | May 2025| www.modernpowersystems.com


 than three quarters of all sales.


Aftermarket forecast


           


     


Market drivers


    


2023 2024 Units


500 450 400 350 300 250 200 150 100 50 0


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