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Global Gas Turbine Service Market by Size, by Type, by Application, by Region, History and Forecast 2019-2030

April 2024 | 133 pages | ID: G72532F7D00AEN
APO Research

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In this report, we study the services for gas turbine. Stringent emission regulations for gas turbines and upgradation of aging fleet of gas turbine drive the market for gas turbine Services.

A gas turbine, also called a combustion turbine, is a type of internal combustion engine. It has an upstream rotating compressor coupled to a downstream turbine, and a combustion chamber or area, called a combustor, in between.

According to APO Research, The global Gas Turbine Service market is projected to grow from US$ million in 2024 to US$ million by 2030, at a Compound Annual Growth Rate (CAGR) of % during the forecast period.

Global Gas Turbine Service key players include General Electric, Mitsubishi Hitachi Power Systems, Siemens, etc. Global top three manufacturers hold a share over 60%.

Middle East is the largest market, with a share over 30%, followed by Europe and United States, have a share over 40 percent.

In terms of product, Heavy Duty Services is the largest segment, with a share about 75%. And in terms of application, the largest application is Power Generation, followed by Oil & Gas, etc.

Report Includes

This report presents an overview of global market for Gas Turbine Service, market size. Analyses of the global market trends, with historic market revenue data for 2019 - 2023, estimates for 2024, and projections of CAGR through 2030.

This report researches the key producers of Gas Turbine Service, also provides the revenue of main regions and countries. Of the upcoming market potential for Gas Turbine Service, and key regions or countries of focus to forecast this market into various segments and sub-segments. Country specific data and market value analysis for the U.S., Canada, Mexico, Brazil, China, Japan, South Korea, Southeast Asia, India, Germany, the U.K., Italy, Middle East, Africa, and Other Countries.

This report focuses on the Gas Turbine Service revenue, market share and industry ranking of main manufacturers, data from 2019 to 2024. Identification of the major stakeholders in the global Gas Turbine Service market, and analysis of their competitive landscape and market positioning based on recent developments and segmental revenues. This report will help stakeholders to understand the competitive landscape and gain more insights and position their businesses and market strategies in a better way.

This report analyzes the segments data by Type and by Application, revenue, and growth rate, from 2019 to 2030. Evaluation and forecast the market size for Gas Turbine Service revenue, projected growth trends, production technology, application and end-user industry.

Descriptive company profiles of the major global players, including General Electric, Mitsubishi Hitachi Power Systems, Siemens, Wood Group, Kawasaki Heavy Industries, Solar Turbines, MTU Aero Engines, Ansaldo Energia and Sulzer, etc.

Gas Turbine Service segment by Company
  • General Electric
  • Mitsubishi Hitachi Power Systems
  • Siemens
  • Wood Group
  • Kawasaki Heavy Industries
  • Solar Turbines
  • MTU Aero Engines
  • Ansaldo Energia
  • Sulzer
  • MAN Diesel & Turbo
  • MJB International
  • Proenergy Services
Gas Turbine Service segment by Type
  • Heavy Duty Services
  • Aero-Derivative Services
Gas Turbine Service segment by Application
  • Power Generation
  • Oil & Gas
  • Other
Gas Turbine Service segment by Region
  • North America
  • U.S.
  • Canada
  • Europe
  • Germany
  • France
  • U.K.
  • Italy
  • Russia
  • Asia-Pacific
  • China
  • Japan
  • South Korea
  • India
  • Australia
  • China Taiwan
  • Indonesia
  • Thailand
  • Malaysia
  • Latin America
  • Mexico
  • Brazil
  • Argentina
  • Middle East & Africa
  • Turkey
  • Saudi Arabia
  • UAE
Study Objectives

1. To analyze and research the global status and future forecast, involving, production, value, consumption, growth rate (CAGR), market share, historical and forecast.

2. To present the key manufacturers, capacity, production, revenue, market share, and Recent Developments.

3. To split the breakdown data by regions, type, manufacturers, and Application.

4. To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints, and risks.

5. To identify significant trends, drivers, influence factors in global and regions.

6. To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.

Reasons to Buy This Report

1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Gas Turbine Service market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.

2. This report will help stakeholders to understand the global industry status and trends of Gas Turbine Service and provides them with information on key market drivers, restraints, challenges, and opportunities.

3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.

4. This report stays updated with novel technology integration, features, and the latest developments in the market.

5. This report helps stakeholders to gain insights into which regions to target globally.

6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Gas Turbine Service.

7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.

Chapter Outline

Chapter 1: Introduces the report scope of the report, executive summary of different market segments (product type, application, etc), including the market size of each market segment, future development potential, and so on. Revenue of Gas Turbine Service in global and regional level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.

Chapter 2: Analysis key trends, drivers, challenges, and opportunities within the global Gas Turbine Service industry.

Chapter 3: Detailed analysis of Gas Turbine Service companies' competitive landscape, revenue, market share and industry ranking, latest development plan, merger, and acquisition information, etc.

Chapter 4: Provides the analysis of various market segments by type, covering the revenue, and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 5: Provides the analysis of various market segments by application, covering the revenue, and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 6: Provides profiles of key companies, introducing the basic situation of the main companies in the market in detail, including product descriptions and specifications, Gas Turbine Servicerevenue, gross margin, and recent development, etc.

Chapter 7: North America (US & Canada) by type, by application and by country, revenue for each segment.

Chapter 8: Europe by type, by application and by country, revenue for each segment.

Chapter 9: China by type, and by application, revenue for each segment.

Chapter 10: Asia (excluding China) by type, by application and by region, revenue for each segment.

Chapter 11: MEALA by type, by application and by country, revenue for each segment.

Chapter 12: Concluding Insights of the report.
1 MARKET OVERVIEW

1.1 Product Definition
1.2 Market Analysis by Type
  1.2.1 Global Gas Turbine Service Market Size Growth Rate by Type: 2019 VS 2023 VS 2030
  1.2.2 Heavy Duty Services
  1.2.3 Aero-Derivative Services
1.3 Market Analysis by Application
  1.3.1 Global Gas Turbine Service Market Size Growth Rate by Application: 2019 VS 2023 VS 2030
  1.3.2 Power Generation
  1.3.3 Oil & Gas
  1.3.4 Other
1.4 Global Market Growth Prospects
1.5 Global Gas Turbine Service Growth Trends by Region
  1.5.1 Global Gas Turbine Service Market Size by Region: 2019 VS 2023 VS 2030
  1.5.2 Gas Turbine Service Market Size by Region (2019-2024)
  1.5.3 Gas Turbine Service Market Size by Region (2025-2030)
1.6 Assumptions and Limitations
1.7 Study Goals and Objectives
1.8 Years Considered

2 GLOBAL GAS TURBINE SERVICE MARKET DYNAMICS

2.1 Gas Turbine Service Industry Trends
2.2 Gas Turbine Service Industry Drivers
2.3 Gas Turbine Service Industry Opportunities and Challenges
2.4 Gas Turbine Service Industry Restraints

3 COMPETITIVE LANDSCAPE BY COMPANY

3.1 Global Gas Turbine Service Revenue by Company (2019-2024)
3.2 Global Gas Turbine Service Players Revenue Ranking, 2022 VS 2023 VS 2024
3.3 Global Gas Turbine Service Key Company Head office and Area Served
3.4 Global Gas Turbine Service Company, Product Type & Application
3.5 Global Gas Turbine Service Company Commercialization Time
3.6 Market Competitive Analysis
  3.6.1 Global Gas Turbine Service Market CR5 and HHI
  3.6.2 Global Top 5 and 10 Gas Turbine Service Players Market Share by Revenue in 2023
  3.6.3 2023 Gas Turbine Service Tier 1, Tier 2, and Tier

4 GAS TURBINE SERVICE MARKET BY TYPE

4.1 Global Gas Turbine Service Market Size by Type (2019 VS 2023 VS 2030)
4.2 Global Gas Turbine Service Market Size by Type (2019-2030)
4.3 Global Gas Turbine Service Market Size Share by Type (2019-2030)

5 GAS TURBINE SERVICE MARKET BY APPLICATION

5.1 Global Gas Turbine Service Market Size by Application (2019 VS 2023 VS 2030)
5.2 Global Gas Turbine Service Market Size by Application (2019-2030)
5.3 Global Gas Turbine Service Market Size Share by Application (2019-2030)

6 COMPANY PROFILES

6.1 General Electric
  6.1.1 General Electric Comapny Information
  6.1.2 General Electric Business Overview
  6.1.3 General Electric Gas Turbine Service Revenue and Gross Margin (US$ Million) & (2019-2024)
  6.1.4 General Electric Gas Turbine Service Product Portfolio
  6.1.5 General Electric Recent Developments
6.2 Mitsubishi Hitachi Power Systems
  6.2.1 Mitsubishi Hitachi Power Systems Comapny Information
  6.2.2 Mitsubishi Hitachi Power Systems Business Overview
  6.2.3 Mitsubishi Hitachi Power Systems Gas Turbine Service Revenue and Gross Margin (US$ Million) & (2019-2024)
  6.2.4 Mitsubishi Hitachi Power Systems Gas Turbine Service Product Portfolio
  6.2.5 Mitsubishi Hitachi Power Systems Recent Developments
6.3 Siemens
  6.3.1 Siemens Comapny Information
  6.3.2 Siemens Business Overview
  6.3.3 Siemens Gas Turbine Service Revenue and Gross Margin (US$ Million) & (2019-2024)
  6.3.4 Siemens Gas Turbine Service Product Portfolio
  6.3.5 Siemens Recent Developments
6.4 Wood Group
  6.4.1 Wood Group Comapny Information
  6.4.2 Wood Group Business Overview
  6.4.3 Wood Group Gas Turbine Service Revenue and Gross Margin (US$ Million) & (2019-2024)
  6.4.4 Wood Group Gas Turbine Service Product Portfolio
  6.4.5 Wood Group Recent Developments
6.5 Kawasaki Heavy Industries
  6.5.1 Kawasaki Heavy Industries Comapny Information
  6.5.2 Kawasaki Heavy Industries Business Overview
  6.5.3 Kawasaki Heavy Industries Gas Turbine Service Revenue and Gross Margin (US$ Million) & (2019-2024)
  6.5.4 Kawasaki Heavy Industries Gas Turbine Service Product Portfolio
  6.5.5 Kawasaki Heavy Industries Recent Developments
6.6 Solar Turbines
  6.6.1 Solar Turbines Comapny Information
  6.6.2 Solar Turbines Business Overview
  6.6.3 Solar Turbines Gas Turbine Service Revenue and Gross Margin (US$ Million) & (2019-2024)
  6.6.4 Solar Turbines Gas Turbine Service Product Portfolio
  6.6.5 Solar Turbines Recent Developments
6.7 MTU Aero Engines
  6.7.1 MTU Aero Engines Comapny Information
  6.7.2 MTU Aero Engines Business Overview
  6.7.3 MTU Aero Engines Gas Turbine Service Revenue and Gross Margin (US$ Million) & (2019-2024)
  6.7.4 MTU Aero Engines Gas Turbine Service Product Portfolio
  6.7.5 MTU Aero Engines Recent Developments
6.8 Ansaldo Energia
  6.8.1 Ansaldo Energia Comapny Information
  6.8.2 Ansaldo Energia Business Overview
  6.8.3 Ansaldo Energia Gas Turbine Service Revenue and Gross Margin (US$ Million) & (2019-2024)
  6.8.4 Ansaldo Energia Gas Turbine Service Product Portfolio
  6.8.5 Ansaldo Energia Recent Developments
6.9 Sulzer
  6.9.1 Sulzer Comapny Information
  6.9.2 Sulzer Business Overview
  6.9.3 Sulzer Gas Turbine Service Revenue and Gross Margin (US$ Million) & (2019-2024)
  6.9.4 Sulzer Gas Turbine Service Product Portfolio
  6.9.5 Sulzer Recent Developments
6.10 MAN Diesel & Turbo
  6.10.1 MAN Diesel & Turbo Comapny Information
  6.10.2 MAN Diesel & Turbo Business Overview
  6.10.3 MAN Diesel & Turbo Gas Turbine Service Revenue and Gross Margin (US$ Million) & (2019-2024)
  6.10.4 MAN Diesel & Turbo Gas Turbine Service Product Portfolio
  6.10.5 MAN Diesel & Turbo Recent Developments
6.11 MJB International
  6.11.1 MJB International Comapny Information
  6.11.2 MJB International Business Overview
  6.11.3 MJB International Gas Turbine Service Revenue and Gross Margin (US$ Million) & (2019-2024)
  6.11.4 MJB International Gas Turbine Service Product Portfolio
  6.11.5 MJB International Recent Developments
6.12 Proenergy Services
  6.12.1 Proenergy Services Comapny Information
  6.12.2 Proenergy Services Business Overview
  6.12.3 Proenergy Services Gas Turbine Service Revenue and Gross Margin (US$ Million) & (2019-2024)
  6.12.4 Proenergy Services Gas Turbine Service Product Portfolio
  6.12.5 Proenergy Services Recent Developments

7 NORTH AMERICA

7.1 North America Gas Turbine Service Market Size (2019-2030)
7.2 North America Gas Turbine Service Market Size by Type
  7.2.1 North America Gas Turbine Service Market Size by Type (2019-2024)
  7.2.2 North America Gas Turbine Service Market Size by Type (2025-2030)
  7.2.3 North America Gas Turbine Service Market Share by Type (2019-2030)
7.3 North America Gas Turbine Service Market Size by Application
  7.3.1 North America Gas Turbine Service Market Size by Application (2019-2024)
  7.3.2 North America Gas Turbine Service Market Size by Application (2025-2030)
  7.3.3 North America Gas Turbine Service Market Share by Application (2019-2030)
7.4 North America Gas Turbine Service Market Size by Country
  7.4.1 North America Gas Turbine Service Market Size by Country (2019 VS 2023 VS 2030)
  7.4.2 North America Gas Turbine Service Market Size by Country (2019-2024)
  7.4.3 North America Gas Turbine Service Market Size by Country (2025-2030)
  7.4.4 North America Gas Turbine Service Market Share by Country (2019-2030)
  7.4.5 United States
  7.4.6 Canada

8 EUROPE

8.1 Europe Gas Turbine Service Market Size (2019-2030)
8.2 Europe Gas Turbine Service Market Size by Type
  8.2.1 Europe Gas Turbine Service Market Size by Type (2019-2024)
  8.2.2 Europe Gas Turbine Service Market Size by Type (2025-2030)
  8.2.3 Europe Gas Turbine Service Market Share by Type (2019-2030)
8.3 Europe Gas Turbine Service Market Size by Application
  8.3.1 Europe Gas Turbine Service Market Size by Application (2019-2024)
  8.3.2 Europe Gas Turbine Service Market Size by Application (2025-2030)
  8.3.3 Europe Gas Turbine Service Market Share by Application (2019-2030)
8.4 Europe Gas Turbine Service Market Size by Country
  8.4.1 Europe Gas Turbine Service Market Size by Country (2019 VS 2023 VS 2030)
  8.4.2 Europe Gas Turbine Service Market Size by Country (2019-2024)
  8.4.3 Europe Gas Turbine Service Market Size by Country (2025-2030)
  8.4.4 Europe Gas Turbine Service Market Share by Country (2019-2030)
  8.4.5 Germany
  8.4.6 France
  8.4.7 U.K.
  8.4.8 Italy
  8.4.9 Russia
  8.4.10 Nordic Countries

9 CHINA

9.1 China Gas Turbine Service Market Size (2019-2030)
9.2 China Gas Turbine Service Market Size by Type
  9.2.1 China Gas Turbine Service Market Size by Type (2019-2024)
  9.2.2 China Gas Turbine Service Market Size by Type (2025-2030)
  9.2.3 China Gas Turbine Service Market Share by Type (2019-2030)
9.3 China Gas Turbine Service Market Size by Application
  9.3.1 China Gas Turbine Service Market Size by Application (2019-2024)
  9.3.2 China Gas Turbine Service Market Size by Application (2025-2030)
  9.3.3 China Gas Turbine Service Market Share by Application (2019-2030)

10 ASIA

10.1 Asia Gas Turbine Service Market Size (2019-2030)
10.2 Asia Gas Turbine Service Market Size by Type
  10.2.1 Asia Gas Turbine Service Market Size by Type (2019-2024)
  10.2.2 Asia Gas Turbine Service Market Size by Type (2025-2030)
  10.2.3 Asia Gas Turbine Service Market Share by Type (2019-2030)
10.3 Asia Gas Turbine Service Market Size by Application
  10.3.1 Asia Gas Turbine Service Market Size by Application (2019-2024)
  10.3.2 Asia Gas Turbine Service Market Size by Application (2025-2030)
  10.3.3 Asia Gas Turbine Service Market Share by Application (2019-2030)
10.4 Asia Gas Turbine Service Market Size by Country
  10.4.1 Asia Gas Turbine Service Market Size by Country (2019 VS 2023 VS 2030)
  10.4.2 Asia Gas Turbine Service Market Size by Country (2019-2024)
  10.4.3 Asia Gas Turbine Service Market Size by Country (2025-2030)
  10.4.4 Asia Gas Turbine Service Market Share by Country (2019-2030)
  10.4.5 Japan
  10.4.6 South Korea
  10.4.7 China Taiwan
  10.4.8 Southeast Asia
  10.4.9 India
  10.4.10 Australia

11 MEALA

11.1 MEALA Gas Turbine Service Market Size (2019-2030)
11.2 MEALA Gas Turbine Service Market Size by Type
  11.2.1 MEALA Gas Turbine Service Market Size by Type (2019-2024)
  11.2.2 MEALA Gas Turbine Service Market Size by Type (2025-2030)
  11.2.3 MEALA Gas Turbine Service Market Share by Type (2019-2030)
11.3 MEALA Gas Turbine Service Market Size by Application
  11.3.1 MEALA Gas Turbine Service Market Size by Application (2019-2024)
  11.3.2 MEALA Gas Turbine Service Market Size by Application (2025-2030)
  11.3.3 MEALA Gas Turbine Service Market Share by Application (2019-2030)
11.4 MEALA Gas Turbine Service Market Size by Country
  11.4.1 MEALA Gas Turbine Service Market Size by Country (2019 VS 2023 VS 2030)
  11.4.2 MEALA Gas Turbine Service Market Size by Country (2019-2024)
  11.4.3 MEALA Gas Turbine Service Market Size by Country (2025-2030)
  11.4.4 MEALA Gas Turbine Service Market Share by Country (2019-2030)
  11.4.5 Brazil
  11.4.6 Mexico
  11.4.7 Turkey
  11.4.8 Israel
  11.4.9 GCC Countries

12 CONCLUDING INSIGHTS

13 APPENDIX

13.1 Reasons for Doing This Study
13.2 Research Methodology
13.3 Research Process
13.4 Authors List of This Report
13.5 Data Source
  13.5.1 Secondary Sources
  13.5.2 Primary Sources
13.6 Disclaimer


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