Engines & Turbines

Engines & Turbines

The Engines & Turbines sector under SIC 3510 spans manufacturers of industrial gas turbines, steam turbines, reciprocating engines, and integrated power systems sold into utilities, oil and gas, data centers, aviation maintenance, marine propulsion, and heavy manufacturing. Core offerings combine hardware with long-term service agreements, remote monitoring, and aftermarket parts, with customers favoring reliability, fuel efficiency, and emissions performance. Key risks include volatile commodity and rare-earth supply chains, warranty and performance obligations, export controls, and compliance with EPA, EU emissions, and evolving grid-interconnection rules. In 2024-2025 the industry is pivoting toward hydrogen-capable turbines, carbon capture–ready designs, hybrid turbine-battery peakers, and digital twins that cut downtime while meeting stricter NOx/CO2 targets. Demand is buoyed by grid modernization and data center load growth, while aviation and marine repower cycles support steady retrofit revenue. For up-to-date disclosures and capital allocation signals, view live SEC filings on Earnings Feed.

Source: Earnings Feed research · 11/23/2025