Global Gas Turbine Service Market Analysis and Forecast 2024-2030

Global Gas Turbine Service Market Analysis and Forecast 2024-2030


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 growth rate (CAGR), market share, historical and forecast.
2. To present the key players, 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 market size), 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. 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: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 3: 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.
Chapter 4: Detailed analysis of Gas Turbine Service company competitive landscape, revenue, market share and industry ranking, latest development plan, merger, and acquisition information, etc.
Chapter 5: 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 6: 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 7: 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 Service revenue, gross margin, and recent development, etc.
Chapter 8: North America (US & Canada) by type, by application and by country, revenue for each segment.
Chapter 9: Europe by type, by application and by country, revenue for each segment.
Chapter 10: China type, by application, revenue for each segment.
Chapter 11: Asia (excluding China) type, by application and by region, revenue for each segment.
Chapter 12: Middle East, Africa, and Latin America type, by application and by country, revenue for each segment.
Chapter 13: The main concluding insights of the report.
Chapter 13: The main concluding insights of the report.


1 Market Overview
1.1 Product Definition
1.2 Gas Turbine Service Market by Type
1.2.1 Global Gas Turbine Service Market Size by Type, 2019 VS 2023 VS 2030
1.2.2 Heavy Duty Services
1.2.3 Aero-Derivative Services
1.3 Gas Turbine Service Market by Application
1.3.1 Global Gas Turbine Service Market Size by Application, 2019 VS 2023 VS 2030
1.3.2 Power Generation
1.3.3 Oil & Gas
1.3.4 Other
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 Global Growth Perspective
3.1 Global Gas Turbine Service Market Perspective (2019-2030)
3.2 Global Gas Turbine Service Growth Trends by Region
3.2.1 Global Gas Turbine Service Market Size by Region: 2019 VS 2023 VS 2030
3.2.2 Global Gas Turbine Service Market Size by Region (2019-2024)
3.2.3 Global Gas Turbine Service Market Size by Region (2025-2030)
4 Competitive Landscape by Players
4.1 Global Gas Turbine Service Revenue by Players
4.1.1 Global Gas Turbine Service Revenue by Players (2019-2024)
4.1.2 Global Gas Turbine Service Revenue Market Share by Players (2019-2024)
4.1.3 Global Gas Turbine Service Players Revenue Share Top 10 and Top 5 in 2023
4.2 Global Gas Turbine Service Key Players Ranking, 2022 VS 2023 VS 2024
4.3 Global Gas Turbine Service Key Players Headquarters & Area Served
4.4 Global Gas Turbine Service Players, Product Type & Application
4.5 Global Gas Turbine Service Players Commercialization Time
4.6 Market Competitive Analysis
4.6.1 Global Gas Turbine Service Market CR5 and HHI
4.6.2 Global Top 5 and 10 Gas Turbine Service Players Market Share by Revenue in 2023
4.6.3 2023 Gas Turbine Service Tier 1, Tier 2, and Tier 3
5 Gas Turbine Service Market Size by Type
5.1 Global Gas Turbine Service Revenue by Type (2019 VS 2023 VS 2030)
5.2 Global Gas Turbine Service Revenue by Type (2019-2030)
5.3 Global Gas Turbine Service Revenue Market Share by Type (2019-2030)
6 Gas Turbine Service Market Size by Application
6.1 Global Gas Turbine Service Revenue by Application (2019 VS 2023 VS 2030)
6.2 Global Gas Turbine Service Revenue by Application (2019-2030)
6.3 Global Gas Turbine Service Revenue Market Share by Application (2019-2030)
7 Company Profiles
7.1 General Electric
7.1.1 General Electric Comapny Information
7.1.2 General Electric Business Overview
7.1.3 General Electric Gas Turbine Service Revenue and Gross Margin (2019-2024)
7.1.4 General Electric Gas Turbine Service Product Portfolio
7.1.5 General Electric Recent Developments
7.2 Mitsubishi Hitachi Power Systems
7.2.1 Mitsubishi Hitachi Power Systems Comapny Information
7.2.2 Mitsubishi Hitachi Power Systems Business Overview
7.2.3 Mitsubishi Hitachi Power Systems Gas Turbine Service Revenue and Gross Margin (2019-2024)
7.2.4 Mitsubishi Hitachi Power Systems Gas Turbine Service Product Portfolio
7.2.5 Mitsubishi Hitachi Power Systems Recent Developments
7.3 Siemens
7.3.1 Siemens Comapny Information
7.3.2 Siemens Business Overview
7.3.3 Siemens Gas Turbine Service Revenue and Gross Margin (2019-2024)
7.3.4 Siemens Gas Turbine Service Product Portfolio
7.3.5 Siemens Recent Developments
7.4 Wood Group
7.4.1 Wood Group Comapny Information
7.4.2 Wood Group Business Overview
7.4.3 Wood Group Gas Turbine Service Revenue and Gross Margin (2019-2024)
7.4.4 Wood Group Gas Turbine Service Product Portfolio
7.4.5 Wood Group Recent Developments
7.5 Kawasaki Heavy Industries
7.5.1 Kawasaki Heavy Industries Comapny Information
7.5.2 Kawasaki Heavy Industries Business Overview
7.5.3 Kawasaki Heavy Industries Gas Turbine Service Revenue and Gross Margin (2019-2024)
7.5.4 Kawasaki Heavy Industries Gas Turbine Service Product Portfolio
7.5.5 Kawasaki Heavy Industries Recent Developments
7.6 Solar Turbines
7.6.1 Solar Turbines Comapny Information
7.6.2 Solar Turbines Business Overview
7.6.3 Solar Turbines Gas Turbine Service Revenue and Gross Margin (2019-2024)
7.6.4 Solar Turbines Gas Turbine Service Product Portfolio
7.6.5 Solar Turbines Recent Developments
7.7 MTU Aero Engines
7.7.1 MTU Aero Engines Comapny Information
7.7.2 MTU Aero Engines Business Overview
7.7.3 MTU Aero Engines Gas Turbine Service Revenue and Gross Margin (2019-2024)
7.7.4 MTU Aero Engines Gas Turbine Service Product Portfolio
7.7.5 MTU Aero Engines Recent Developments
7.8 Ansaldo Energia
7.8.1 Ansaldo Energia Comapny Information
7.8.2 Ansaldo Energia Business Overview
7.8.3 Ansaldo Energia Gas Turbine Service Revenue and Gross Margin (2019-2024)
7.8.4 Ansaldo Energia Gas Turbine Service Product Portfolio
7.8.5 Ansaldo Energia Recent Developments
7.9 Sulzer
7.9.1 Sulzer Comapny Information
7.9.2 Sulzer Business Overview
7.9.3 Sulzer Gas Turbine Service Revenue and Gross Margin (2019-2024)
7.9.4 Sulzer Gas Turbine Service Product Portfolio
7.9.5 Sulzer Recent Developments
7.10 MAN Diesel & Turbo
7.10.1 MAN Diesel & Turbo Comapny Information
7.10.2 MAN Diesel & Turbo Business Overview
7.10.3 MAN Diesel & Turbo Gas Turbine Service Revenue and Gross Margin (2019-2024)
7.10.4 MAN Diesel & Turbo Gas Turbine Service Product Portfolio
7.10.5 MAN Diesel & Turbo Recent Developments
7.11 MJB International
7.11.1 MJB International Comapny Information
7.11.2 MJB International Business Overview
7.11.3 MJB International Gas Turbine Service Revenue and Gross Margin (2019-2024)
7.11.4 MJB International Gas Turbine Service Product Portfolio
7.11.5 MJB International Recent Developments
7.12 Proenergy Services
7.12.1 Proenergy Services Comapny Information
7.12.2 Proenergy Services Business Overview
7.12.3 Proenergy Services Gas Turbine Service Revenue and Gross Margin (2019-2024)
7.12.4 Proenergy Services Gas Turbine Service Product Portfolio
7.12.5 Proenergy Services Recent Developments
8 North America
8.1 North America Gas Turbine Service Revenue (2019-2030)
8.2 North America Gas Turbine Service Revenue by Type (2019-2030)
8.2.1 North America Gas Turbine Service Revenue by Type (2019-2024)
8.2.2 North America Gas Turbine Service Revenue by Type (2025-2030)
8.3 North America Gas Turbine Service Revenue Share by Type (2019-2030)
8.4 North America Gas Turbine Service Revenue by Application (2019-2030)
8.4.1 North America Gas Turbine Service Revenue by Application (2019-2024)
8.4.2 North America Gas Turbine Service Revenue by Application (2025-2030)
8.5 North America Gas Turbine Service Revenue Share by Application (2019-2030)
8.6 North America Gas Turbine Service Revenue by Country
8.6.1 North America Gas Turbine Service Revenue by Country (2019 VS 2023 VS 2030)
8.6.2 North America Gas Turbine Service Revenue by Country (2019-2024)
8.6.3 North America Gas Turbine Service Revenue by Country (2025-2030)
8.6.4 U.S.
8.6.5 Canada
9 Europe
9.1 Europe Gas Turbine Service Revenue (2019-2030)
9.2 Europe Gas Turbine Service Revenue by Type (2019-2030)
9.2.1 Europe Gas Turbine Service Revenue by Type (2019-2024)
9.2.2 Europe Gas Turbine Service Revenue by Type (2025-2030)
9.3 Europe Gas Turbine Service Revenue Share by Type (2019-2030)
9.4 Europe Gas Turbine Service Revenue by Application (2019-2030)
9.4.1 Europe Gas Turbine Service Revenue by Application (2019-2024)
9.4.2 Europe Gas Turbine Service Revenue by Application (2025-2030)
9.5 Europe Gas Turbine Service Revenue Share by Application (2019-2030)
9.6 Europe Gas Turbine Service Revenue by Country
9.6.1 Europe Gas Turbine Service Revenue by Country (2019 VS 2023 VS 2030)
9.6.2 Europe Gas Turbine Service Revenue by Country (2019-2024)
9.6.3 Europe Gas Turbine Service Revenue by Country (2025-2030)
9.6.4 Germany
9.6.5 France
9.6.6 U.K.
9.6.7 Italy
9.6.8 Russia
10 China
10.1 China Gas Turbine Service Revenue (2019-2030)
10.2 China Gas Turbine Service Revenue by Type (2019-2030)
10.2.1 China Gas Turbine Service Revenue by Type (2019-2024)
10.2.2 China Gas Turbine Service Revenue by Type (2025-2030)
10.3 China Gas Turbine Service Revenue Share by Type (2019-2030)
10.4 China Gas Turbine Service Revenue by Application (2019-2030)
10.4.1 China Gas Turbine Service Revenue by Application (2019-2024)
10.4.2 China Gas Turbine Service Revenue by Application (2025-2030)
10.5 China Gas Turbine Service Revenue Share by Application (2019-2030)
11 Asia (Excluding China)
11.1 Asia Gas Turbine Service Revenue (2019-2030)
11.2 Asia Gas Turbine Service Revenue by Type (2019-2030)
11.2.1 Asia Gas Turbine Service Revenue by Type (2019-2024)
11.2.2 Asia Gas Turbine Service Revenue by Type (2025-2030)
11.3 Asia Gas Turbine Service Revenue Share by Type (2019-2030)
11.4 Asia Gas Turbine Service Revenue by Application (2019-2030)
11.4.1 Asia Gas Turbine Service Revenue by Application (2019-2024)
11.4.2 Asia Gas Turbine Service Revenue by Application (2025-2030)
11.5 Asia Gas Turbine Service Revenue Share by Application (2019-2030)
11.6 Asia Gas Turbine Service Revenue by Country
11.6.1 Asia Gas Turbine Service Revenue by Country (2019 VS 2023 VS 2030)
11.6.2 Asia Gas Turbine Service Revenue by Country (2019-2024)
11.6.3 Asia Gas Turbine Service Revenue by Country (2025-2030)
11.6.4 Japan
11.6.5 South Korea
11.6.6 India
11.6.7 Australia
11.6.8 China Taiwan
11.6.9 Southeast Asia
12 Middle East, Africa, Latin America
12.1 MEALA Gas Turbine Service Revenue (2019-2030)
12.2 MEALA Gas Turbine Service Revenue by Type (2019-2030)
12.2.1 MEALA Gas Turbine Service Revenue by Type (2019-2024)
12.2.2 MEALA Gas Turbine Service Revenue by Type (2025-2030)
12.3 MEALA Gas Turbine Service Revenue Share by Type (2019-2030)
12.4 MEALA Gas Turbine Service Revenue by Application (2019-2030)
12.4.1 MEALA Gas Turbine Service Revenue by Application (2019-2024)
12.4.2 MEALA Gas Turbine Service Revenue by Application (2025-2030)
12.5 MEALA Gas Turbine Service Revenue Share by Application (2019-2030)
12.6 MEALA Gas Turbine Service Revenue by Country
12.6.1 MEALA Gas Turbine Service Revenue by Country (2019 VS 2023 VS 2030)
12.6.2 MEALA Gas Turbine Service Revenue by Country (2019-2024)
12.6.3 MEALA Gas Turbine Service Revenue by Country (2025-2030)
12.6.4 Mexico
12.6.5 Brazil
12.6.6 Israel
12.6.7 Argentina
12.6.8 Colombia
12.6.9 Turkey
12.6.10 Saudi Arabia
12.6.11 UAE
13 Concluding Insights
14 Appendix
14.1 Reasons for Doing This Study
14.2 Research Methodology
14.3 Research Process
14.4 Authors List of This Report
14.5 Data Source
14.5.1 Secondary Sources
14.5.2 Primary Sources
14.6 Disclaimer

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