Global Turbine Repair Services Market Growth (Status and Outlook) 2025-2031

The global Turbine Repair Services market size is predicted to grow from US$ 1824 million in 2025 to US$ 2580 million in 2031; it is expected to grow at a CAGR of 5.9% from 2025 to 2031.

Turbine repair service refers to a series of operations such as inspection, repair, maintenance and parts replacement of turbines using professional technology, tools and equipment to address problems such as failures, wear and performance degradation during the operation of the turbine, so as to ensure that the turbine can return to normal operating conditions or reach the optimal performance level.

United States market for Turbine Repair Services is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

China market for Turbine Repair Services is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

Europe market for Turbine Repair Services is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

Global key Turbine Repair Services players cover GE Vernova, Siemens, Mitsubishi Power, Wood Group, TRS Services, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2024.

LPI (LP Information)' newest research report, the “Turbine Repair Services Industry Forecast” looks at past sales and reviews total world Turbine Repair Services sales in 2024, providing a comprehensive analysis by region and market sector of projected Turbine Repair Services sales for 2025 through 2031. With Turbine Repair Services sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Turbine Repair Services industry.

This Insight Report provides a comprehensive analysis of the global Turbine Repair Services landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on Turbine Repair Services portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Turbine Repair Services market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Turbine Repair Services and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Turbine Repair Services.

This report presents a comprehensive overview, market shares, and growth opportunities of Turbine Repair Services market by product type, application, key players and key regions and countries.

Segmentation by Type:
Steam Turbines Repair
Gas Turbines Repair
Wind Turbines Repair
Water Turbines Repair

Segmentation by Application:
Power Generation
Aerospace
Marine
Oil and Gas
Chemical
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
GE Vernova
Siemens
Mitsubishi Power
Wood Group
TRS Services
Liburdi
Kawasaki Heavy Industries
MD&A Turbines
ITS Parts
Ansaldo Energia
Turbine Pros
Solar Turbines
Trinity Turbine Technology
Blackstone Industrial Services
CISLeads
MTU Aero Engines
EthosEnergy
Proenergy Services
MAN Diesel & Turbo
MJB International
Pump Engineering
Reliable Turbine Services, LLC
Jay Industrial Repair
S.T. Cotter Turbine
Industrial Turbine Services GmbH
ST Cotter Turbine Services Inc

Please note: The report will take approximately 2 business days to prepare and deliver.