Global Steam Turbine MRO Market 2024 by Company, Regions, Type and Application, Forecast to 2030

Global Steam Turbine MRO Market 2024 by Company, Regions, Type and Application, Forecast to 2030

The MRO (maintenance, repair and overhaul) business is one of the most interesting for manufacturing companies. MRO could be defined as “all actions that have the objective of retaining or restoring an item in or to a state in which it can perform its required function. The actions include the combination of all technical and corresponding administrative, managerial and supervision actions.

According to our (Global Info Research) latest study, the global Steam Turbine MRO market size was valued at US$ 6047 million in 2023 and is forecast to a readjusted size of USD 8687 million by 2030 with a CAGR of 5.4% during review period.

The Top 2 companies in the world, including General Electric and Siemens, had a share of 35% in 2019. On the basis of product type, Maintenance segment is projected to account for the largest consumption value market share during the forecast period; this segment was estimated to account for 35% share in 2019 in terms of consumption value. In the applications, Power segment was estimated to account for the highest market share of 63% in 2019.

This report is a detailed and comprehensive analysis for global Steam Turbine MRO market. Both quantitative and qualitative analyses are presented by company, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2024, are provided.

Key Features:

Global Steam Turbine MRO market size and forecasts, in consumption value ($ Million), 2019-2030

Global Steam Turbine MRO market size and forecasts by region and country, in consumption value ($ Million), 2019-2030

Global Steam Turbine MRO market size and forecasts, by Type and by Application, in consumption value ($ Million), 2019-2030

Global Steam Turbine MRO market shares of main players, in revenue ($ Million), 2019-2024

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for Steam Turbine MRO

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report profiles key players in the global Steam Turbine MRO market based on the following parameters - company overview, revenue, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include General Electric, Siemens, Dongfang Turbine, Shanghai Electric, MHPS, MAN Energy Solutions, Elliot, EthosEnergy, Sulzer, Harbin Electric, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Market segmentation

Steam Turbine MRO market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for Consumption Value by Type and by Application. This analysis can help you expand your business by targeting qualified niche markets.

Market segmentation

Steam Turbine MRO market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for Consumption Value by Type and by Application. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
Maintenance
Repair
Overhaul
Spare Parts

Market segment by Application
Power
Oil & Gas
Others

Market segment by players, this report covers
General Electric
Siemens
Dongfang Turbine
Shanghai Electric
MHPS
MAN Energy Solutions
Elliot
EthosEnergy
Sulzer
Harbin Electric
Ansaldo Energia
Toshiba Energy
Stork
Hangzhou Steam Turbine
Kawasaki Heavy Industries
Shandong Qingneng

Market segment by regions, regional analysis covers

North America (United States, Canada and Mexico)

Europe (Germany, France, UK, Russia, Italy and Rest of Europe)

Asia-Pacific (China, Japan, South Korea, India, Southeast Asia and Rest of Asia-Pacific)

South America (Brazil, Rest of South America)

Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa)

The content of the study subjects, includes a total of 13 chapters:

Chapter 1, to describe Steam Turbine MRO product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top players of Steam Turbine MRO, with revenue, gross margin, and global market share of Steam Turbine MRO from 2019 to 2024.

Chapter 3, the Steam Turbine MRO competitive situation, revenue, and global market share of top players are analyzed emphatically by landscape contrast.

Chapter 4 and 5, to segment the market size by Type and by Application, with consumption value and growth rate by Type, by Application, from 2019 to 2030.

Chapter 6, 7, 8, 9, and 10, to break the market size data at the country level, with revenue and market share for key countries in the world, from 2019 to 2024.and Steam Turbine MRO market forecast, by regions, by Type and by Application, with consumption value, from 2024 to 2030.

Chapter 11, market dynamics, drivers, restraints, trends, Porters Five Forces analysis.

Chapter 12, the key raw materials and key suppliers, and industry chain of Steam Turbine MRO.

Chapter 13, to describe Steam Turbine MRO research findings and conclusion.