Turbine technology | Market trends and project updates


contributor to global coal-based steam generation, even amidst rapid renewable capacity growth. EMEA presents a more heterogeneous outlook: Europe is seeing a clear decline in coal powered steam installations due to ambitious decarbonisation policies; however, activities related to modernisation and industrial steam remain robust. In the Middle East and Africa, steam turbines support a range of industrial applications, including cogeneration and power generation for desalination projects. The Americas are characterised by a mature and transitioning market profile, with limited new coal installations in North America but ongoing retrofits, life-extension programmes, and industrial uses sustaining activity.


Asian OEMs at the forefront of steam and gas turbine manufacturing


The global turbine manufacturing industry, including both steam and gas turbines, continues to be indispensable for power generation and industrial energy supply worldwide. Recent market dynamics highlight the transformative


rise of Asian OEMs, particularly in China, India, and South Korea. These firms are reshaping the sector by capitalising on large-scale production, robust domestic demand, and an accelerated pace of technological innovation.


In the steam turbine market, the Asia–Pacific region is at the forefront of new installations, a trend that persists as coal capacity expansion slows across Western economies. Industry stalwarts such as Siemens Energy, GE Vernova, and Mitsubishi Heavy Industries remain dominant in high-capacity segments, yet Chinese OEMs— including Dongfang Electric Corporation, Harbin Electric Corporation, and Shanghai Electric—have taken the lead in production volume, bolstered by strong government initiatives and export competitiveness. Key regional players, such as Doosan Enerbility, Bharat Heavy Electricals Limited (BHEL), and Triveni Turbine, are maintaining notable shares in both utility and industrial sub-sectors.


Asian manufacturers also maintain a commanding position in the gas turbine segment, serving power, oil & gas, and industrial end- markets. GE Vernova, Siemens Energy, and Mitsubishi Power continue to lead the advanced,


high-efficiency segment, while Shanghai Electric, Harbin Electric Corporation, and Doosan Enerbility expand their global reach. BHEL remains an important supplier in India’s utility and industrial landscape.


The global turbine manufacturing industry is experiencing a strategic evolution from volume- led expansion to value-driven growth, prioritising advanced technology, digital innovation, and comprehensive lifecycle services. With Asia- Pacific OEMs ascending rapidly in scale and cost-competitiveness, and Western and Japanese players excelling in engineering and digital solutions, the sector is well-positioned to deliver on the needs of flexible, low-emission, and sustainable energy systems. Looking ahead, sustained investment in efficiency, service, and system integration will remain essential as the sector responds dynamically to the changing energy landscape and advances toward a more resilient, decarbonised global power infrastructure.


*GlobalData, Steam and gas turbines market size, share and trends analysis by technology, installed capacity, generation, key players and forecast to 2030, Report Code: GDPE1108EMR-ST


Big year for gas turbine sales: the view from WTUI


Gas turbine sales have never been better. Anthony (Tony) Brough, principal consultant at Dora Partners and Company, confirmed this at the annual Western Turbine Users Inc. (WTUI) show in Long Beach, California


Drew Robb


“There is extremely high demand for industrial gas turbines, demonstrated by order activity and delayed deliveries out into 2030 and beyond,” said Brough. “MW orders in 2025 are 72% up on 2024 and unit orders are up 39%.”


That means MW capacity orders jumped from 60 GW in 2024 to more than 100 GW in 2025. Add close to 25 GW of unannounced orders or slot reservations and this represents quite a year. Brough attributes the jump to the shifting tides of AI demand, the energy transition, and global supply chain stability in the gas turbine market.


Datacentre bonanza


Most strikingly, there was a 20x increase in GT orders for datacentres and distributed power compared to 2024 based on total plant capacity. Hundreds of new datacentres have come online and hundreds more are under development. Some will require more than 1 GW of power. Analysts at Goldman Sachs believe that AI server racks will require 50x more power by 2027 than cloud equivalents five years ago. Bloomberg estimates US datacentre energy demand could exceed 106 GW by 2035.


This datacentre bonanza is translating directly into a surge of GT orders. In the 150–300 MW+ range, Brough believes the current level of OEM orders (or more) could be


2025 was a very good year for gas turbine orders. Image courtesy of Dora Partners & Company and McCoy Power Reports


38 | July/August 2026 | www.modernpowersystems.com


sustained between 2026 and 2028. However, he warns of a potential downturn in 2029 and beyond. Similarly, gas turbines in the 20–100 MW and 1–20 MW ranges should continue to be in demand at least until 2028 or 2029. Manufacturing capacity for current OEM models is so far behind demand that a cast of thousands is benefiting from the AI datacentre upturn. For example, Boom Supersonic’s untested 42 MW turbine has already received a 1.2 GW commitment from datacentre construction firm Crusoe for datacentres in Texas. It is using technology under development for its Symphony supersonic jet engine. It does not require water.


Deliveries are projected for late 2027 and beyond, which is better than many OEMs can offer. The plan is to ramp to over 4 GW annually by 2030. “Supersonic technology is an accelerant — of course for faster flight, but now for artificial intelligence as well,” said Blake Scholl, founder and CEO of Boom Supersonic.


Similarly, FTAI Aviation has earned orders for up to 100 mobile gensets by converting CFM56 aircraft engines (25 MW) to power turbines aimed at datacentres globally. FTAI is one of the largest aftermarket maintenance providers and owners of the CFM56 engine. Production is expected to begin in 2026.


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