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Global Gas Turbine Service Market Size, Manufacturers, Growth Analysis Industry Forecast to 2030

April 2024 | 130 pages | ID: G7357628575FEN
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.

This report presents an overview of global market for Gas Turbine Service, revenue and gross margin. Analyses of the global market trends, with historic market revenue 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 value 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 companies, 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.

All companies have demonstrated varying levels of sales growth and profitability over the past six years, while some companies have experienced consistent growth, others have shown fluctuations in performance. The overall trend suggests a positive outlook for the global @@@@ company landscape, with companies adapting to market dynamics and maintaining profitability amidst changing conditions.

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 Gas Turbine Service status and future forecast, involving, revenue, growth rate (CAGR), market share, historical and forecast.

2. To present the Gas Turbine Service key companies, revenue, market share, and recent developments.

3. To split the Gas Turbine Service breakdown data by regions, type, companies, and application.

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

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

6. To analyze Gas Turbine Service 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 sales 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, global total market size.

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

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

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

Chapter 6: Sales value of Gas Turbine Service in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of key country in the world.

Chapter 7: Sales value of Gas Turbine Service in country level. It provides sigmate data by type, and by application for each country/region.

Chapter 8: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including revenue, gross margin, product introduction, recent development, etc.

Chapter 9: Concluding Insights.

Chapter 9: Concluding Insights.
1 MARKET OVERVIEW

1.1 Product Definition
1.2 Global Gas Turbine Service Market Size, 2019 VS 2023 VS 2030
1.3 Global Gas Turbine Service Market Size (2019-2030)
1.4 Assumptions and Limitations
1.5 Study Goals and Objectives

2 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 GAS TURBINE SERVICE MARKET BY COMPANY

3.1 Global Gas Turbine Service Company Revenue Ranking in 2023
3.2 Global Gas Turbine Service Revenue by Company (2019-2024)
3.3 Global Gas Turbine Service Company Ranking, 2022 VS 2023 VS 2024
3.4 Global Gas Turbine Service Company Manufacturing Base & Headquarters
3.5 Global Gas Turbine Service Company, Product Type & Application
3.6 Global Gas Turbine Service Company Commercialization Time
3.7 Market Competitive Analysis
  3.7.1 Global Gas Turbine Service Market CR5 and HHI
  3.7.2 Global Top 5 and 10 Company Market Share by Revenue in 2023
  3.7.3 2023 Gas Turbine Service Tier 1, Tier 2, and Tier
3.8 Mergers & Acquisitions, Expansion

4 GAS TURBINE SERVICE MARKET BY TYPE

4.1 Gas Turbine Service Type Introduction
  4.1.1 Heavy Duty Services
  4.1.2 Aero-Derivative Services
4.2 Global Gas Turbine Service Sales Value by Type
  4.2.1 Global Gas Turbine Service Sales Value by Type (2019 VS 2023 VS 2030)
  4.2.2 Global Gas Turbine Service Sales Value by Type (2019-2030)
  4.2.3 Global Gas Turbine Service Sales Value Share by Type (2019-2030)

5 GAS TURBINE SERVICE MARKET BY APPLICATION

5.1 Gas Turbine Service Application Introduction
  5.1.1 Power Generation
  5.1.2 Oil & Gas
  5.1.3 Other
5.2 Global Gas Turbine Service Sales Value by Application
  5.2.1 Global Gas Turbine Service Sales Value by Application (2019 VS 2023 VS 2030)
  5.2.2 Global Gas Turbine Service Sales Value by Application (2019-2030)
  5.2.3 Global Gas Turbine Service Sales Value Share by Application (2019-2030)

6 GAS TURBINE SERVICE MARKET BY REGION

6.1 Global Gas Turbine Service Sales Value by Region: 2019 VS 2023 VS 2030
6.2 Global Gas Turbine Service Sales Value by Region (2019-2030)
  6.2.1 Global Gas Turbine Service Sales Value by Region: 2019-2024
  6.2.2 Global Gas Turbine Service Sales Value by Region (2025-2030)
6.3 North America
  6.3.1 North America Gas Turbine Service Sales Value (2019-2030)
  6.3.2 North America Gas Turbine Service Sales Value Share by Country, 2023 VS 2030
6.4 Europe
  6.4.1 Europe Gas Turbine Service Sales Value (2019-2030)
  6.4.2 Europe Gas Turbine Service Sales Value Share by Country, 2023 VS 2030
6.5 Asia-Pacific
  6.5.1 Asia-Pacific Gas Turbine Service Sales Value (2019-2030)
  6.5.2 Asia-Pacific Gas Turbine Service Sales Value Share by Country, 2023 VS 2030
6.6 Latin America
  6.6.1 Latin America Gas Turbine Service Sales Value (2019-2030)
  6.6.2 Latin America Gas Turbine Service Sales Value Share by Country, 2023 VS 2030
6.7 Middle East & Africa
  6.7.1 Middle East & Africa Gas Turbine Service Sales Value (2019-2030)
  6.7.2 Middle East & Africa Gas Turbine Service Sales Value Share by Country, 2023 VS 2030

7 GAS TURBINE SERVICE MARKET BY COUNTRY

7.1 Global Gas Turbine Service Sales Value by Country: 2019 VS 2023 VS 2030
7.2 Global Gas Turbine Service Sales Value by Country (2019-2030)
  7.2.1 Global Gas Turbine Service Sales Value by Country (2019-2024)
  7.2.2 Global Gas Turbine Service Sales Value by Country (2025-2030)
7.3 USA
  7.3.1 Global Gas Turbine Service Sales Value Growth Rate (2019-2030)
  7.3.2 Global Gas Turbine Service Sales Value Share by Type, 2023 VS 2030
  7.3.3 Global Gas Turbine Service Sales Value Share by Application, 2023 VS 2030
7.4 Canada
  7.4.1 Global Gas Turbine Service Sales Value Growth Rate (2019-2030)
  7.4.2 Global Gas Turbine Service Sales Value Share by Type, 2023 VS 2030
  7.4.3 Global Gas Turbine Service Sales Value Share by Application, 2023 VS 2030
7.5 Germany
  7.5.1 Global Gas Turbine Service Sales Value Growth Rate (2019-2030)
  7.5.2 Global Gas Turbine Service Sales Value Share by Type, 2023 VS 2030
  7.5.3 Global Gas Turbine Service Sales Value Share by Application, 2023 VS 2030
7.6 France
  7.6.1 Global Gas Turbine Service Sales Value Growth Rate (2019-2030)
  7.6.2 Global Gas Turbine Service Sales Value Share by Type, 2023 VS 2030
  7.6.3 Global Gas Turbine Service Sales Value Share by Application, 2023 VS 2030
7.7 U.K.
  7.7.1 Global Gas Turbine Service Sales Value Growth Rate (2019-2030)
  7.7.2 Global Gas Turbine Service Sales Value Share by Type, 2023 VS 2030
  7.7.3 Global Gas Turbine Service Sales Value Share by Application, 2023 VS 2030
7.8 Italy
  7.8.1 Global Gas Turbine Service Sales Value Growth Rate (2019-2030)
  7.8.2 Global Gas Turbine Service Sales Value Share by Type, 2023 VS 2030
  7.8.3 Global Gas Turbine Service Sales Value Share by Application, 2023 VS 2030
7.9 Netherlands
  7.9.1 Global Gas Turbine Service Sales Value Growth Rate (2019-2030)
  7.9.2 Global Gas Turbine Service Sales Value Share by Type, 2023 VS 2030
  7.9.3 Global Gas Turbine Service Sales Value Share by Application, 2023 VS 2030
7.10 Nordic Countries
  7.10.1 Global Gas Turbine Service Sales Value Growth Rate (2019-2030)
  7.10.2 Global Gas Turbine Service Sales Value Share by Type, 2023 VS 2030
  7.10.3 Global Gas Turbine Service Sales Value Share by Application, 2023 VS 2030
7.11 China
  7.11.1 Global Gas Turbine Service Sales Value Growth Rate (2019-2030)
  7.11.2 Global Gas Turbine Service Sales Value Share by Type, 2023 VS 2030
  7.11.3 Global Gas Turbine Service Sales Value Share by Application, 2023 VS 2030
7.12 Japan
  7.12.1 Global Gas Turbine Service Sales Value Growth Rate (2019-2030)
  7.12.2 Global Gas Turbine Service Sales Value Share by Type, 2023 VS 2030
  7.12.3 Global Gas Turbine Service Sales Value Share by Application, 2023 VS 2030
7.13 South Korea
  7.13.1 Global Gas Turbine Service Sales Value Growth Rate (2019-2030)
  7.13.2 Global Gas Turbine Service Sales Value Share by Type, 2023 VS 2030
  7.13.3 Global Gas Turbine Service Sales Value Share by Application, 2023 VS 2030
7.14 Southeast Asia
  7.14.1 Global Gas Turbine Service Sales Value Growth Rate (2019-2030)
  7.14.2 Global Gas Turbine Service Sales Value Share by Type, 2023 VS 2030
  7.14.3 Global Gas Turbine Service Sales Value Share by Application, 2023 VS 2030
7.15 India
  7.15.1 Global Gas Turbine Service Sales Value Growth Rate (2019-2030)
  7.15.2 Global Gas Turbine Service Sales Value Share by Type, 2023 VS 2030
  7.15.3 Global Gas Turbine Service Sales Value Share by Application, 2023 VS 2030
7.16 Australia
  7.16.1 Global Gas Turbine Service Sales Value Growth Rate (2019-2030)
  7.16.2 Global Gas Turbine Service Sales Value Share by Type, 2023 VS 2030
  7.16.3 Global Gas Turbine Service Sales Value Share by Application, 2023 VS 2030
7.17 Mexico
  7.17.1 Global Gas Turbine Service Sales Value Growth Rate (2019-2030)
  7.17.2 Global Gas Turbine Service Sales Value Share by Type, 2023 VS 2030
  7.17.3 Global Gas Turbine Service Sales Value Share by Application, 2023 VS 2030
7.18 Brazil
  7.18.1 Global Gas Turbine Service Sales Value Growth Rate (2019-2030)
  7.18.2 Global Gas Turbine Service Sales Value Share by Type, 2023 VS 2030
  7.18.3 Global Gas Turbine Service Sales Value Share by Application, 2023 VS 2030
7.19 Turkey
  7.19.1 Global Gas Turbine Service Sales Value Growth Rate (2019-2030)
  7.19.2 Global Gas Turbine Service Sales Value Share by Type, 2023 VS 2030
  7.19.3 Global Gas Turbine Service Sales Value Share by Application, 2023 VS 2030
7.20 Saudi Arabia
  7.20.1 Global Gas Turbine Service Sales Value Growth Rate (2019-2030)
  7.20.2 Global Gas Turbine Service Sales Value Share by Type, 2023 VS 2030
  7.20.3 Global Gas Turbine Service Sales Value Share by Application, 2023 VS 2030
7.21 UAE
  7.21.1 Global Gas Turbine Service Sales Value Growth Rate (2019-2030)
  7.21.2 Global Gas Turbine Service Sales Value Share by Type, 2023 VS 2030
  7.21.3 Global Gas Turbine Service Sales Value Share by Application, 2023 VS 2030

8 COMPANY PROFILES

8.1 General Electric
  8.1.1 General Electric Comapny Information
  8.1.2 General Electric Business Overview
  8.1.3 General Electric Gas Turbine Service Revenue and Gross Margin (2019-2024)
  8.1.4 General Electric Gas Turbine Service Product Portfolio
  8.1.5 General Electric Recent Developments
8.2 Mitsubishi Hitachi Power Systems
  8.2.1 Mitsubishi Hitachi Power Systems Comapny Information
  8.2.2 Mitsubishi Hitachi Power Systems Business Overview
  8.2.3 Mitsubishi Hitachi Power Systems Gas Turbine Service Revenue and Gross Margin (2019-2024)
  8.2.4 Mitsubishi Hitachi Power Systems Gas Turbine Service Product Portfolio
  8.2.5 Mitsubishi Hitachi Power Systems Recent Developments
8.3 Siemens
  8.3.1 Siemens Comapny Information
  8.3.2 Siemens Business Overview
  8.3.3 Siemens Gas Turbine Service Revenue and Gross Margin (2019-2024)
  8.3.4 Siemens Gas Turbine Service Product Portfolio
  8.3.5 Siemens Recent Developments
8.4 Wood Group
  8.4.1 Wood Group Comapny Information
  8.4.2 Wood Group Business Overview
  8.4.3 Wood Group Gas Turbine Service Revenue and Gross Margin (2019-2024)
  8.4.4 Wood Group Gas Turbine Service Product Portfolio
  8.4.5 Wood Group Recent Developments
8.5 Kawasaki Heavy Industries
  8.5.1 Kawasaki Heavy Industries Comapny Information
  8.5.2 Kawasaki Heavy Industries Business Overview
  8.5.3 Kawasaki Heavy Industries Gas Turbine Service Revenue and Gross Margin (2019-2024)
  8.5.4 Kawasaki Heavy Industries Gas Turbine Service Product Portfolio
  8.5.5 Kawasaki Heavy Industries Recent Developments
8.6 Solar Turbines
  8.6.1 Solar Turbines Comapny Information
  8.6.2 Solar Turbines Business Overview
  8.6.3 Solar Turbines Gas Turbine Service Revenue and Gross Margin (2019-2024)
  8.6.4 Solar Turbines Gas Turbine Service Product Portfolio
  8.6.5 Solar Turbines Recent Developments
8.7 MTU Aero Engines
  8.7.1 MTU Aero Engines Comapny Information
  8.7.2 MTU Aero Engines Business Overview
  8.7.3 MTU Aero Engines Gas Turbine Service Revenue and Gross Margin (2019-2024)
  8.7.4 MTU Aero Engines Gas Turbine Service Product Portfolio
  8.7.5 MTU Aero Engines Recent Developments
8.8 Ansaldo Energia
  8.8.1 Ansaldo Energia Comapny Information
  8.8.2 Ansaldo Energia Business Overview
  8.8.3 Ansaldo Energia Gas Turbine Service Revenue and Gross Margin (2019-2024)
  8.8.4 Ansaldo Energia Gas Turbine Service Product Portfolio
  8.8.5 Ansaldo Energia Recent Developments
8.9 Sulzer
  8.9.1 Sulzer Comapny Information
  8.9.2 Sulzer Business Overview
  8.9.3 Sulzer Gas Turbine Service Revenue and Gross Margin (2019-2024)
  8.9.4 Sulzer Gas Turbine Service Product Portfolio
  8.9.5 Sulzer Recent Developments
8.10 MAN Diesel & Turbo
  8.10.1 MAN Diesel & Turbo Comapny Information
  8.10.2 MAN Diesel & Turbo Business Overview
  8.10.3 MAN Diesel & Turbo Gas Turbine Service Revenue and Gross Margin (2019-2024)
  8.10.4 MAN Diesel & Turbo Gas Turbine Service Product Portfolio
  8.10.5 MAN Diesel & Turbo Recent Developments
8.11 MJB International
  8.11.1 MJB International Comapny Information
  8.11.2 MJB International Business Overview
  8.11.3 MJB International Gas Turbine Service Revenue and Gross Margin (2019-2024)
  8.11.4 MJB International Gas Turbine Service Product Portfolio
  8.11.5 MJB International Recent Developments
8.12 Proenergy Services
  8.12.1 Proenergy Services Comapny Information
  8.12.2 Proenergy Services Business Overview
  8.12.3 Proenergy Services Gas Turbine Service Revenue and Gross Margin (2019-2024)
  8.12.4 Proenergy Services Gas Turbine Service Product Portfolio
  8.12.5 Proenergy Services Recent Developments

9 CONCLUDING INSIGHTS

10 APPENDIX

10.1 Reasons for Doing This Study
10.2 Research Methodology
10.3 Research Process
10.4 Authors List of This Report
10.5 Data Source
  10.5.1 Secondary Sources
  10.5.2 Primary Sources
10.6 Disclaimer


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