Gas Turbine Services Market, By Service (Maintenance, Repair, Overhaul), Service Provider (OEM Service Provider, Non-OEM Service Provider), Type (Heavy Duty Type, Aeroderivative Type), End-User (Oil & Gas, Power Generation, Others) – Global Revenue, Trends, Growth, Share, Size and Forecast to 2022

A Gas Turbine or Combustion Turbine is a type of internal combustion engine with the components like compressor, turbine and combustor. They are designed to convert liquid fuels to electric energy by combustion mechanism. They are primarily used in power generation and oil & gas industry. With increasing demand for energy and ageing existing gas turbines demand for Gas Turbine Services has increased recently.  Major players in the market are offering services like repair and maintenance and complete overhaul.

The report tracks the major market events including product launches, technological developments, mergers & acquisitions, and the innovative business strategies opted by key market players. Along with strategically analyzing the key micro markets, the report also focuses on industry-specific drivers, restraints, opportunities and challenges in the Gas Turbine Services Market. The scope of this report covers the Gas Turbine Services Market by its major segments, which include the types, applications, and the major geographic regions.

KEY BENEFITS OF THE REPORT

• In-depth analysis of the market ecosystem and its impact on the revenue growth
• Understanding of the strategies that are being adopted by the key players in this market to stay competitive
• Valuable insights into the key technological and market trends impacting this market

KEY PREMIUM INDUSTRY INSIGHTS

• The key reasons driving the growth of the Gas Turbine Services market includes rising demand from the power generation sector, stringent emission norms for gas turbines and rising demand from repair and maintenance work due to existing aging gas turbines.
• Advancement in technology is one of the key growth opportunity drivers for this market.
• However, factors like preference for renewable energy & high service cost may hamper the growth of the Gas Turbine Services Market.

RESEARCH METHODOLOGY

The research methodology for Scalar Market Research’s gas turbine services market report utilizes a combination of top-down and bottom-up research formats. Our primary focus on continuous market tracking, rigorous fact-checking, data-triangulation, and multiple layers of quality control ensures high-quality data that can be leveraged for actionable research insights.

To know about the assumptions considered for the study, Download PDF Sample.

MARKET SEGMENTATION

This report analyzes the gas turbine services market by the following segments:

• Gas Turbine Services Market, by Service
  • Maintenance
  • Repair
  • Overhaul
• Gas Turbine Services Market, by Service Provider
  • OEM Service Provider
  • Non-OEM Service Provider
• Gas Turbine Services Market, by Type
  • Heavy Duty Type
  • Aeroderivative Type
• Gas Turbine Services Market, by End-User
  • Oil & Gas
  • Power Generation
  • Others

KEY MARKET PLAYERS

Key players in the gas turbine services market include:

• General Electric
• Sulzer Ltd.
• Siemens Ltd.
• Mitsubishi Hitachi Power Systems, Ltd.
• MAN Diesel & Turbo
• Kawasaki Heavy Industries, Ltd.
• Mechanical Dynamics & Analysis, Ltd.
• EthosEnergy
• MJB International Limited LLC
• Ansaldo Energia s.p.a.

GEOGRAPHIC COVERAGE AND ANALYSIS

This granular market research report covers the following geographic regions in great detail:

• NORTH AMERICA
  • U.S.
  • Rest of North America
• EUROPE
  • France
  • Germany
  • U.K.
  • Rest of Europe
• ASIA-PACIFIC
  • China
  • India
  • Japan
  • Rest of Asia-Pacific
• MIDDLE EAST & AFRICA
  • GCC
  • North Africa
  • South Africa
  • Rest of Middle East & Africa
• LATIN AMERICA
  • Brazil
  • Rest of Latin America

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