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Huatai Securities, in its research report, highlights that according to McCoy's data, the global gas turbine market witnessed a remarkable 95% year-on-year surge in new orders during the third quarter of 2025, amounting to a staggering 24GW. This growth is attributed to a confluence of factors, including post-election energy policy shifts overseas, Middle Eastern energy structure transformations, and the burgeoning demand for reliable power supplies from AI data centers. These drivers are anticipated to fuel a sustained upswing in the global gas turbine market, with overseas gas turbine units expected to experience a concurrent rise in both volume and price. Furthermore, the flourishing global gas turbine market is poised to unlock export growth avenues for domestic manufacturers specializing in components like hot-end blades and cold-end cylinders.
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