The gas turbines market has been segmented on the basis of its capacity and technology as well . On the basis of capacity they are manufactured as 1-40MW , 40-120MW , 120-300MW , and above 300MW . On the basis of technology it is again segmented as open cycled and combined cycle plants . Combined cycle plants with heavy duty type of turbines allow high elasticity and low discharges even in part load process . However the heavy duty type gas turbine segment embraces the main share , the aero derivative segment is anticipated to develop at the utmost rate , owed to its higher competence and cost efficiency .
Asia-Pacific ( APAC ) is the leading market for gas turbines and is forecast to have highest growth in the next few years due to growing adoption of turbines in the market . North America gas turbines market accounts to XX % of the global market for gas turbines and is the next fastest growing market followed by Europe .