Growth Opportunities in Global Gas Turbine MRO in Power Industry 2013-2018
The global market for gas turbine maintenance, repair, and overhaul (MRO) in the power industry is expected to reach $14.48 billion in 2018, with moderate growth over the next five years. Lucintel, a leading global management consulting and market research firm, has conducted a competitive analysis on the market for gas turbine MRO services in the power industry and presents its findings in “Growth Opportunities in Global Gas Turbine MRO in Power Industry 2013-2018: Trend, Forecast, and Opportunity Analysis.”
Lucintel describes how the industry faces challenge to recruit and retain the skilled laborers as gas turbine MRO work requires skill. The price of labor is also increasing, which is a major concern. MRO activities on gas turbines generate emissions, which pollutes the environment. This adversely affects the growth of the gas turbine MRO market. Plant operations and the MRO activities to keep them running, produce noise and air pollution, which can have harmful effects on the health, safety, and productivity of staff.
In its study, Lucintel describes how gas turbines installed during 1980-2000 are the major drivers for the increasing maintenance segment, as older turbines require more maintenance and repairs compared to newer ones. Rapid technological developments such as horizontal drilling and hydraulic fracturing have helped in the exploitation of large shale gas reserves and have reduced natural gas prices.
Lucintel analyzes that the MRO service providers should be able to recognize where potentially valuable opportunities exist in the global gas turbine industry. Marketing strategies tailored to take advantage of these conditions result in improved revenue and profitability. Based on an analysis of industry fundamentals and the competitive environment, the overall gas turbine industry is profitable and is expected to remain so in the future.
This study is intended to provide industry leaders with a competitive benchmarking of the growth opportunities in the gas turbine MRO market. The study provides up-to-date information on the market share, profit margins, capabilities, and strategies of the leaders. The report can helps current suppliers realistically assess their strengths and weaknesses vis-a-vis leading competitors.
This unique report from Lucintel will provide you with valuable information, insights, and tools needed to identify new growth opportunities and operate your business successfully in this market. This report will save hundreds of hours of your own personal research time and will significantly benefit you in expanding your business in this market. In today’s stringent economy, you need every advantage that you can find.
Lucintel describes how the industry faces challenge to recruit and retain the skilled laborers as gas turbine MRO work requires skill. The price of labor is also increasing, which is a major concern. MRO activities on gas turbines generate emissions, which pollutes the environment. This adversely affects the growth of the gas turbine MRO market. Plant operations and the MRO activities to keep them running, produce noise and air pollution, which can have harmful effects on the health, safety, and productivity of staff.
In its study, Lucintel describes how gas turbines installed during 1980-2000 are the major drivers for the increasing maintenance segment, as older turbines require more maintenance and repairs compared to newer ones. Rapid technological developments such as horizontal drilling and hydraulic fracturing have helped in the exploitation of large shale gas reserves and have reduced natural gas prices.
Lucintel analyzes that the MRO service providers should be able to recognize where potentially valuable opportunities exist in the global gas turbine industry. Marketing strategies tailored to take advantage of these conditions result in improved revenue and profitability. Based on an analysis of industry fundamentals and the competitive environment, the overall gas turbine industry is profitable and is expected to remain so in the future.
This study is intended to provide industry leaders with a competitive benchmarking of the growth opportunities in the gas turbine MRO market. The study provides up-to-date information on the market share, profit margins, capabilities, and strategies of the leaders. The report can helps current suppliers realistically assess their strengths and weaknesses vis-a-vis leading competitors.
This unique report from Lucintel will provide you with valuable information, insights, and tools needed to identify new growth opportunities and operate your business successfully in this market. This report will save hundreds of hours of your own personal research time and will significantly benefit you in expanding your business in this market. In today’s stringent economy, you need every advantage that you can find.
1. EXECUTIVE SUMMARY
2. INDUSTRY BACKGROUND AND CHARACTERISTICS
2.1: Introduction to gas turbine
2.2: Overview of gas turbine MRO
2.3: Maintenance activities for a gas turbine
2.4: Repair activities of a gas turbine
2.5: Overhaul activities of a gas turbine
3. GLOBAL GAS TURBINE MRO MARKET 2012
3.1: Gas turbine MRO market by region in 2012
3.2: Global gas turbine MRO market by types of services in 2012
3.3: Global gas turbine MRO market by types of service providers in 2012
3.4: Regional gas turbine MRO market by types of services in 2012
3.5: Global market share of gas turbine MRO service providers in 2012
3.6: Key players of gas turbine MRO market
4. GLOBAL GAS TURBINE MRO MARKET TREND 2007- 2012
4.1: Global gas turbine MRO market trend
4.1.1: Gas turbine MRO market trend by region: 2007-2012
4.1.2: Global gas turbine MRO market trend by types of services: 2007-2012
4.1.3: Global gas turbine MRO trend by types of service providers: 2007-2012
4.2: Regional gas turbine MRO trend by types of services: 2007-2012
4.2.1: North America gas turbine MRO market trend by types of services: 2007-2012
4.2.2: European gas turbine MRO market trend by types of services: 2007-2012
4.2.3: Asia-Pacific gas turbine MRO market trend by types of services: 2007-2012
4.2.4: ROW gas turbine MRO market trend by types of services: 2007-2012
4.3: Gas turbine MRO in power industry profitability analysis
4.4: Cost structure for global gas turbine MRO in power industry: 2007-2012
5. GLOBAL GAS TURBINE MRO MARKET FORECAST 2013- 2018
5.1: Global gas turbine MRO market forecast
5.1.1: Gas turbine MRO market forecast by regions during 2013-2018
5.1.2: Global gas turbine MRO forecast by types of services during 2013-2018
5.1.3: Global gas turbine MRO forecast by types of service providers during 2013-2018
5.2: Regional gas turbine MRO forecast by types of service during 2013-2018
5.2.1: North America gas turbine MRO market forecast by types of services: 2013-2018
5.2.2: Europe gas turbine MRO market forecast by types of services: 2013-2018
5.2.3: Asia-Pacific gas turbine MRO market forecast by types of services: 2013-2018
5.2.4: ROW gas turbine MRO market forecast by types of services: 2013-2018
5.3: Drivers and challenges for global gas turbine MRO market
5.3.1: Drivers for global gas turbine MRO market
5.3.2: Challenges for global gas turbine MRO market
6. GROWTH OPPORTUNITIES AND EMERGING TRENDS IN GAS TURBINE MRO MARKET
6.1: Growth opportunities in global gas turbine MRO market
6.2: Growth opportunities for gas turbine MRO market by region
6.3: Emerging trends in global gas turbine MRO market
2. INDUSTRY BACKGROUND AND CHARACTERISTICS
2.1: Introduction to gas turbine
2.2: Overview of gas turbine MRO
2.3: Maintenance activities for a gas turbine
2.4: Repair activities of a gas turbine
2.5: Overhaul activities of a gas turbine
3. GLOBAL GAS TURBINE MRO MARKET 2012
3.1: Gas turbine MRO market by region in 2012
3.2: Global gas turbine MRO market by types of services in 2012
3.3: Global gas turbine MRO market by types of service providers in 2012
3.4: Regional gas turbine MRO market by types of services in 2012
3.5: Global market share of gas turbine MRO service providers in 2012
3.6: Key players of gas turbine MRO market
4. GLOBAL GAS TURBINE MRO MARKET TREND 2007- 2012
4.1: Global gas turbine MRO market trend
4.1.1: Gas turbine MRO market trend by region: 2007-2012
4.1.2: Global gas turbine MRO market trend by types of services: 2007-2012
4.1.3: Global gas turbine MRO trend by types of service providers: 2007-2012
4.2: Regional gas turbine MRO trend by types of services: 2007-2012
4.2.1: North America gas turbine MRO market trend by types of services: 2007-2012
4.2.2: European gas turbine MRO market trend by types of services: 2007-2012
4.2.3: Asia-Pacific gas turbine MRO market trend by types of services: 2007-2012
4.2.4: ROW gas turbine MRO market trend by types of services: 2007-2012
4.3: Gas turbine MRO in power industry profitability analysis
4.4: Cost structure for global gas turbine MRO in power industry: 2007-2012
5. GLOBAL GAS TURBINE MRO MARKET FORECAST 2013- 2018
5.1: Global gas turbine MRO market forecast
5.1.1: Gas turbine MRO market forecast by regions during 2013-2018
5.1.2: Global gas turbine MRO forecast by types of services during 2013-2018
5.1.3: Global gas turbine MRO forecast by types of service providers during 2013-2018
5.2: Regional gas turbine MRO forecast by types of service during 2013-2018
5.2.1: North America gas turbine MRO market forecast by types of services: 2013-2018
5.2.2: Europe gas turbine MRO market forecast by types of services: 2013-2018
5.2.3: Asia-Pacific gas turbine MRO market forecast by types of services: 2013-2018
5.2.4: ROW gas turbine MRO market forecast by types of services: 2013-2018
5.3: Drivers and challenges for global gas turbine MRO market
5.3.1: Drivers for global gas turbine MRO market
5.3.2: Challenges for global gas turbine MRO market
6. GROWTH OPPORTUNITIES AND EMERGING TRENDS IN GAS TURBINE MRO MARKET
6.1: Growth opportunities in global gas turbine MRO market
6.2: Growth opportunities for gas turbine MRO market by region
6.3: Emerging trends in global gas turbine MRO market
LIST OF FIGURES
Chapter 1. Executive Summary
Figure 1.1: Porter’s Five Forces Analysis for Gas Turbine MRO Industry
Chapter 2. Industry Background and Characteristics
Figure 2.1: Gas turbine power plant
Figure 2.2: GE heavy duty gas turbine
Figure 2.3: Components of gas turbine
Figure 2.4: Compressor of gas turbine
Figure 2.5: Combustor of gas turbine
Figure 2.6: Turbine of gas turbine
Figure 2.7: Shaft of gas turbine
Figure 2.8: Types of gas turbine in power industry
Figure 2.9: An open cycle unit diagram
Figure 2.10: A proposed natural gas combined cycle power plant in New York
Figure 2.11: A combined cycle unit diagram
Figure 2.12: Systematic process of electricity generation and distribution
Figure 2.13: Gas turbine MRO structure
Figure 2.14: Gas turbine at MTU Maintenance Berlin-Brandenburg / Germany
Chapter 3. Global Gas Turbine MRO Market 2012
Figure 3.1: Gas turbine MRO market in 2012 by region ($B)
Figure 3.2: Global gas turbine MRO market ($B) by types of services in 2012
Figure 3.3: Global gas turbine MRO market ($B) by types of service providers in 2012
Figure 3.4: Regional gas turbine MRO market ($B) by types of services
Figure 3.5: Global gas turbine MRO service providers market share in 2012 ($B)
Chapter 4. Global Gas Turbine MRO Market Trend 2007- 2012
Figure 4.1: Global gas turbine MRO market trend 2007-2012 ($B)
Figure 4.2: Gas turbine MRO market trend by region 2007-2012 ($B)
Figure 4.3: Gas turbine MRO market ($B) trend by types of services 2007-2012
Figure 4.4: Gas turbine MRO market ($B) trend by types of service providers 2007-2012
Figure 4.5: North America gas turbine MRO market ($B) trend by types of services 2007-2012
Figure 4.6: European gas turbine MRO market ($B) trend by types of services 2007-2012
Figure 4.7: Asia-Pacific gas turbine MRO market ($B) trend by types of services 2007-2012
Figure 4.8: ROW gas turbine MRO market ($B) trend by types of services 2007-2012
Figure 4.9: Gas turbine MRO profit margin 2007-2012 (%)
Figure 4.10: Cost structure of global gas turbine MRO in power industry 2007-2012
Figure 4.11: Cost structure in North America global gas turbine MRO in power industry 2007-2012
Figure 4.12: Cost structure in Europe global gas turbine MRO in power industry 2007-2012
Figure 4.13: Cost structure in Asia Pacific global gas turbine MRO in power industry 2007-2012
Chapter 5. Global Gas Turbine MRO Market Forecast 2013- 2018
Figure 5.1: Global gas turbine MRO market forecast 2013-2018 ($B)
Figure 5.2: Gas turbine MRO market forecast by region 2013-2018 ($B)
Figure 5.3 Global gas turbine MRO market by region in 2018 ($B)
Figure 5.4: Gas turbine MRO market ($B) forecast by types of services 2013-2018
Figure 5.5: Gas turbine MRO market ($B) forecast by types of service provider 2013-2018
Figure 5.6: Global gas turbine MRO market (%) in 2018 by types of services
Figure 5.7: Global gas turbine MRO market (%) in 2018 by types of service providers
Figure 5.8: North America gas turbine MRO market forecast by types of services 2013-2018
Figure 5.9: European gas turbine MRO market forecast by types of services 2013-2018
Figure 5.10: Asia-Pacific gas turbine MRO market forecast by types of services 2013-2018
Figure 5.11: ROW gas turbine MRO market forecast by types of services 2013-2018
Figure 5.12: Drivers and challenges for gas turbine MRO market
Chapter 6. Growth Opportunities and Emerging Trends in Gas Turbine MRO Market
Figure 6.1: Growth opportunity for gas turbine MRO market by region
Figure 6.2: Emerging trends in global gas turbine MRO market
Chapter 1. Executive Summary
Figure 1.1: Porter’s Five Forces Analysis for Gas Turbine MRO Industry
Chapter 2. Industry Background and Characteristics
Figure 2.1: Gas turbine power plant
Figure 2.2: GE heavy duty gas turbine
Figure 2.3: Components of gas turbine
Figure 2.4: Compressor of gas turbine
Figure 2.5: Combustor of gas turbine
Figure 2.6: Turbine of gas turbine
Figure 2.7: Shaft of gas turbine
Figure 2.8: Types of gas turbine in power industry
Figure 2.9: An open cycle unit diagram
Figure 2.10: A proposed natural gas combined cycle power plant in New York
Figure 2.11: A combined cycle unit diagram
Figure 2.12: Systematic process of electricity generation and distribution
Figure 2.13: Gas turbine MRO structure
Figure 2.14: Gas turbine at MTU Maintenance Berlin-Brandenburg / Germany
Chapter 3. Global Gas Turbine MRO Market 2012
Figure 3.1: Gas turbine MRO market in 2012 by region ($B)
Figure 3.2: Global gas turbine MRO market ($B) by types of services in 2012
Figure 3.3: Global gas turbine MRO market ($B) by types of service providers in 2012
Figure 3.4: Regional gas turbine MRO market ($B) by types of services
Figure 3.5: Global gas turbine MRO service providers market share in 2012 ($B)
Chapter 4. Global Gas Turbine MRO Market Trend 2007- 2012
Figure 4.1: Global gas turbine MRO market trend 2007-2012 ($B)
Figure 4.2: Gas turbine MRO market trend by region 2007-2012 ($B)
Figure 4.3: Gas turbine MRO market ($B) trend by types of services 2007-2012
Figure 4.4: Gas turbine MRO market ($B) trend by types of service providers 2007-2012
Figure 4.5: North America gas turbine MRO market ($B) trend by types of services 2007-2012
Figure 4.6: European gas turbine MRO market ($B) trend by types of services 2007-2012
Figure 4.7: Asia-Pacific gas turbine MRO market ($B) trend by types of services 2007-2012
Figure 4.8: ROW gas turbine MRO market ($B) trend by types of services 2007-2012
Figure 4.9: Gas turbine MRO profit margin 2007-2012 (%)
Figure 4.10: Cost structure of global gas turbine MRO in power industry 2007-2012
Figure 4.11: Cost structure in North America global gas turbine MRO in power industry 2007-2012
Figure 4.12: Cost structure in Europe global gas turbine MRO in power industry 2007-2012
Figure 4.13: Cost structure in Asia Pacific global gas turbine MRO in power industry 2007-2012
Chapter 5. Global Gas Turbine MRO Market Forecast 2013- 2018
Figure 5.1: Global gas turbine MRO market forecast 2013-2018 ($B)
Figure 5.2: Gas turbine MRO market forecast by region 2013-2018 ($B)
Figure 5.3 Global gas turbine MRO market by region in 2018 ($B)
Figure 5.4: Gas turbine MRO market ($B) forecast by types of services 2013-2018
Figure 5.5: Gas turbine MRO market ($B) forecast by types of service provider 2013-2018
Figure 5.6: Global gas turbine MRO market (%) in 2018 by types of services
Figure 5.7: Global gas turbine MRO market (%) in 2018 by types of service providers
Figure 5.8: North America gas turbine MRO market forecast by types of services 2013-2018
Figure 5.9: European gas turbine MRO market forecast by types of services 2013-2018
Figure 5.10: Asia-Pacific gas turbine MRO market forecast by types of services 2013-2018
Figure 5.11: ROW gas turbine MRO market forecast by types of services 2013-2018
Figure 5.12: Drivers and challenges for gas turbine MRO market
Chapter 6. Growth Opportunities and Emerging Trends in Gas Turbine MRO Market
Figure 6.1: Growth opportunity for gas turbine MRO market by region
Figure 6.2: Emerging trends in global gas turbine MRO market
LIST OF TABLES
Chapter 1. Executive Summary
Table 1.1: Gas Turbine MRO Market Parameters and Attributes
Chapter 2. Industry Background and Characteristics
Table 2.1: Development in gas turbine
Table 2.2: Major in-house maintenance activities and their frequencies
Chapter 3. Global Gas Turbine MRO Market 2012
Table 3.1: List of key gas turbine MRO in power industry service providers
Chapter 4. Global Gas Turbine MRO Market Trend 2007- 2012
Table 4.1: CAGR of gas turbine MRO market by region 2007–2012 ($B)
Table 4.2: CAGR of gas turbine MRO by types of services 2007–2012 ($B)
Table 4.3: CAGR of North America gas turbine MRO by types of service 2007–2012 ($B)
Table 4.4: CAGR of European gas turbine MRO by types of service 2007–2012 ($B)
Table 4.5: CAGR of APAC gas turbine MRO by types of service 2007–2012 ($B)
Table 4.6: CAGR of ROW gas turbine MRO by types of service 2007–2012 ($B)
Chapter 5. Global Gas Turbine MRO Market Forecast 2013- 2018
Table 5.1: CAGR of gas turbine MRO market by region 2013–2018 ($B)
Table 5.2: CAGR of gas turbine MRO market by types of services 2013–2018 ($ M)
Table 5.3: CAGR of gas turbine MRO market by types of service provider 2013–2018 ($ M)
Table 5.4: CAGR of North America Gas turbine MRO market forecast by types of services 2013–2018 ($B)
Table 5.5: CAGR of Europe gas turbine MRO market forecast by types of services 2013–2018 ($B)
Table 5.6: CAGR of APAC gas turbine MRO market forecast by types of services 2013–2018 ($B)
Table 5.7: CAGR of ROW gas turbine MRO market forecast by types of services 2013–2018 ($B)
Chapter 1. Executive Summary
Table 1.1: Gas Turbine MRO Market Parameters and Attributes
Chapter 2. Industry Background and Characteristics
Table 2.1: Development in gas turbine
Table 2.2: Major in-house maintenance activities and their frequencies
Chapter 3. Global Gas Turbine MRO Market 2012
Table 3.1: List of key gas turbine MRO in power industry service providers
Chapter 4. Global Gas Turbine MRO Market Trend 2007- 2012
Table 4.1: CAGR of gas turbine MRO market by region 2007–2012 ($B)
Table 4.2: CAGR of gas turbine MRO by types of services 2007–2012 ($B)
Table 4.3: CAGR of North America gas turbine MRO by types of service 2007–2012 ($B)
Table 4.4: CAGR of European gas turbine MRO by types of service 2007–2012 ($B)
Table 4.5: CAGR of APAC gas turbine MRO by types of service 2007–2012 ($B)
Table 4.6: CAGR of ROW gas turbine MRO by types of service 2007–2012 ($B)
Chapter 5. Global Gas Turbine MRO Market Forecast 2013- 2018
Table 5.1: CAGR of gas turbine MRO market by region 2013–2018 ($B)
Table 5.2: CAGR of gas turbine MRO market by types of services 2013–2018 ($ M)
Table 5.3: CAGR of gas turbine MRO market by types of service provider 2013–2018 ($ M)
Table 5.4: CAGR of North America Gas turbine MRO market forecast by types of services 2013–2018 ($B)
Table 5.5: CAGR of Europe gas turbine MRO market forecast by types of services 2013–2018 ($B)
Table 5.6: CAGR of APAC gas turbine MRO market forecast by types of services 2013–2018 ($B)
Table 5.7: CAGR of ROW gas turbine MRO market forecast by types of services 2013–2018 ($B)
