energy

Global Gas Turbine Service Market Size, Status and Forecast 2025


Published On : Jul 2018

Category : Gas Turbine

No. of Pages : 90 pages

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This report studies the global Gas Turbine Service market size, industry status and forecast, competition landscape and growth opportunity. This research report categorizes the global Gas Turbine Service market by companies, region, type and end-use industry.

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.
The classification of gas turbine services includes heavy duty services and aero-derivative services, and the proportion of heavy duty services is about 79% in 2017, and the proportion is in increasing trend from 2013 to 2017.
Gas turbine services are for power generation, oil & gas and other field. The most proportion of gas turbine services is for power generation, and the revenue in 2017 is about 7.94 billion USD.
Middle East region enjoys largest revenue market share in the world, with a revenue market share nearly 31.8% in 2017. Following Middle East, North America is the second largest place with the revenue market share of 24.9%. North America has large number of existing and aging gas turbines fleet in the U.S. and Canada. Large number of long term service agreements for gas turbine services are also seen this region. In addition, demand for gas turbine services for mechanical drive application for process industry will also drive the market for gas turbines services in North America.
In 2017, the global Gas Turbine Service market size was 16500 million US$ and it is expected to reach 22600 million US$ by the end of 2025, with a CAGR of 4.0% during 2018-2025.

This report focuses on the global top players, covered
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

Market segment by Regions/Countries, this report covers
United States
Europe
China
Japan
Southeast Asia
India

Market segment by Type, the product can be split into
Heavy Duty Services
Aero-Derivative Services

Market segment by Application, split into
Power Generation
Oil & Gas
Other

The study objectives of this report are:
To study and forecast the market size of Gas Turbine Service in global market.
To analyze the global key players, SWOT analysis, value and global market share for top players.
To define, describe and forecast the market by type, end use and region.
To analyze and compare the market status and forecast between China and major regions, namely, United States, Europe, China, Japan, Southeast Asia, India and Rest of World.
To analyze the global key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends and factors driving or inhibiting the market growth.
To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
To strategically analyze each submarket with respect to individual growth trend and their contribution to the market
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
To strategically profile the key players and comprehensively analyze their growth strategies.

In this study, the years considered to estimate the market size of Gas Turbine Service are as follows:
History Year: 2013-2017
Base Year: 2017
Estimated Year: 2018
Forecast Year 2018 to 2025
For the data information by region, company, type and application, 2017 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.

Key Stakeholders
Gas Turbine Service Manufacturers
Gas Turbine Service Distributors/Traders/Wholesalers
Gas Turbine Service Subcomponent Manufacturers
Industry Association
Downstream Vendors

Available Customizations
With the given market data, QYResearch offers customizations according to the company's specific needs. The following customization options are available for the report:
Regional and country-level analysis of the Gas Turbine Service market, by end-use.
Detailed analysis and profiles of additional market players.

Gas turbine, also named combustion turbine is a particular sort of internal combustion engine. It comprises an upstream rotating compressor along with a downstream turbine. It also has a combustion area or chamber known as a combustor which is situated between the above mentioned. The main function of a gas turbine is similar as a steam power plant with the only difference being that the working fluid in it is not water but air. The gas turbine industry is likely to witness extensive progress owing to the mounting demand for energy across the globe and the need to lower carbon dioxide emissions as well.

The report points out abundant aspects of the Global gas turbine service market size status and forecast 2025 market which clearly states facts on the present, past, and future situations of the market along with germane data. It further focuses on the trends at play in the Global gas turbine service market size status and forecast 2025 market that are likely to directly or indirectly have an influence the growth of the market. The research publication further puts emphases on the future growth prospects present in the market. This report further digs deep into the Global gas turbine service market size status and forecast 2025 market by accurately evaluating the production and built-up chain of the conforming market. This will further help in broadcasting accurate data and statistics on multiple factors of the respective market such as material pertaining to policies of the government in the regional and global level, production and flow structure, manufacturing capacity, bulk sold, and revenue earned among others.

The study furthermore conveys an all-encompassing inspection of the geographies stated in the report for the Global gas turbine service market size status and forecast 2025 market. For every region, the report positions the growth so far and pressing on what the players can do to ensure profit in their businesses in the coming years. The research report will also offers an exhaustive evaluation of the competitive landscape of the Global gas turbine service market size status and forecast 2025 market, which comprises the facts and figures, activities and developments of the market top-drawer companies.

List of Tables and Figures

Figure Global Gas Turbine Service Market Size (Million USD) Status and Outlook (2013-2018)
Table Global Gas Turbine Service Revenue (Million USD) Comparison by Regions (2013-2018)
Figure Global Gas Turbine Service Market Share by Regions (2013-2018)
Figure United States Gas Turbine Service Market Size (Million USD) and Growth Rate by Regions (2013-2018)
Figure Europe Gas Turbine Service Market Size (Million USD) and Growth Rate by Regions (2013-2018)
Figure China Gas Turbine Service Market Size (Million USD) and Growth Rate by Regions (2013-2018)
Figure Japan Gas Turbine Service Market Size (Million USD) and Growth Rate by Regions (2013-2018)
Figure Southeast Asia Gas Turbine Service Market Size (Million USD) and Growth Rate by Regions (2013-2018)
Figure India Gas Turbine Service Market Size (Million USD) and Growth Rate by Regions (2013-2018)
Table Global Gas Turbine Service Revenue (Million USD) and Growth Rate (%) Comparison by Product (2013-2018)
Figure Global Gas Turbine Service Revenue Market Share by Type in 2017
Figure Heavy Duty Services Market Size (Million USD) and Growth Rate (2013-2018)
Figure Aero-Derivative Services Market Size (Million USD) and Growth Rate (2013-2018)
Figure Global Gas Turbine Service Market Share by Application in 2017
Figure Gas Turbine Service Market Size (Million USD) and Growth Rate in Power Generation (2013-2018)
Figure Gas Turbine Service Market Size (Million USD) and Growth Rate in Oil & Gas (2013-2018)
Figure Gas Turbine Service Market Size (Million USD) and Growth Rate in Other (2013-2018)
Table Gas Turbine Service Market Size (Million USD) by Players (2013-2018)
Figure Gas Turbine Service Market Size Share by Players in 2013
Figure Gas Turbine Service Market Size Share by Players in 2017
Table General Electric Basic Information List
Table Gas Turbine Service Business Revenue (Million USD) of General Electric (2013-2018)
Figure General Electric Gas Turbine Service Business Revenue Market Share (2013-2018)
Table Mitsubishi Hitachi Power Systems Basic Information List
Table Gas Turbine Service Business Revenue (Million USD) of Mitsubishi Hitachi Power Systems (2013-2018)
Figure Mitsubishi Hitachi Power Systems Gas Turbine Service Business Revenue Market Share (2013-2018)
Table Siemens Basic Information List
Table Gas Turbine Service Business Revenue (Million USD) of Siemens (2013-2018)
Figure Siemens Gas Turbine Service Business Revenue Market Share (2013-2018)
Table Wood Group Basic Information List
Table Gas Turbine Service Business Revenue (Million USD) of Wood Group (2013-2018)
Figure Wood Group Gas Turbine Service Business Revenue Market Share (2013-2018)
Table Kawasaki Heavy Industries Basic Information List
Table Gas Turbine Service Business Revenue (Million USD) of Kawasaki Heavy Industries (2013-2018)
Figure Kawasaki Heavy Industries Gas Turbine Service Business Revenue Market Share (2013-2018)
Table Solar Turbines Basic Information List
Table Gas Turbine Service Business Revenue (Million USD) of Solar Turbines (2013-2018)
Figure Solar Turbines Gas Turbine Service Business Revenue Market Share (2013-2018)
Table MTU Aero Engines Basic Information List
Table Gas Turbine Service Business Revenue (Million USD) of MTU Aero Engines (2013-2018)
Figure MTU Aero Engines Gas Turbine Service Business Revenue Market Share (2013-2018)
Table Ansaldo Energia Basic Information List
Table Gas Turbine Service Business Revenue (Million USD) of Ansaldo Energia (2013-2018)
Figure Ansaldo Energia Gas Turbine Service Business Revenue Market Share (2013-2018)
Table Sulzer Basic Information List
Table Gas Turbine Service Business Revenue (Million USD) of Sulzer (2013-2018)
Figure Sulzer Gas Turbine Service Business Revenue Market Share (2013-2018)
Table MAN Diesel & Turbo Basic Information List
Table Gas Turbine Service Business Revenue (Million USD) of MAN Diesel & Turbo (2013-2018)
Figure MAN Diesel & Turbo Gas Turbine Service Business Revenue Market Share (2013-2018)
Table MJB International Basic Information List
Table Gas Turbine Service Business Revenue (Million USD) of MJB International (2013-2018)
Figure MJB International Gas Turbine Service Business Revenue Market Share (2013-2018)
Table Proenergy Services Basic Information List
Table Gas Turbine Service Business Revenue (Million USD) of Proenergy Services (2013-2018)
Figure Proenergy Services Gas Turbine Service Business Revenue Market Share (2013-2018)
Table Global Gas Turbine Service Market Size (Million USD) by Product (2013-2018)
Figure Global Gas Turbine Service Revenue Market Share (%) by Product (2013-2018)
Figure Global Gas Turbine Service Market Share by Product in 2017
Table Global Gas Turbine Service Market Size by Application (2013-2018)
Figure Global Gas Turbine Service Revenue Market Share (%) by Application in 2017
Table Top Consumer/End Users of Gas Turbine Service
Figure United States Gas Turbine Service Market Size (Million USD) and Growth Rate (2013-2018)
Table United States Gas Turbine Service Market Size (Million USD) by Players (2013-2018)
Figure United States Gas Turbine Service Market Size Share by Players in 2013
Figure United States Gas Turbine Service Market Size Share by Players in 2017
Table United States Gas Turbine Service Market Size by Application (2013-2018)
Figure United States Gas Turbine Service Revenue Market Share (%) by Application (2013-2018)
Figure United States Gas Turbine Service Market Size Share by Application in 2017
Figure Europe Gas Turbine Service Market Size (Million USD) and Growth Rate (2013-2018)
Table Europe Gas Turbine Service Market Size (Million USD) by Players (2013-2018)
Figure Europe Gas Turbine Service Market Size Share by Players in 2013
Figure Europe Gas Turbine Service Market Size Share by Players in 2017
Table Europe Gas Turbine Service Market Size by Application (2013-2018)
Figure Europe Gas Turbine Service Revenue Market Share (%) by Application (2013-2018)
Figure Europe Gas Turbine Service Market Size Share by Application in 2017
Figure China Gas Turbine Service Market Size (Million USD) and Growth Rate (2013-2018)
Table China Gas Turbine Service Market Size (Million USD) by Players (2013-2018)
Figure China Gas Turbine Service Market Size Share by Players in 2013
Figure China Gas Turbine Service Market Size Share by Players in 2017
Table China Gas Turbine Service Market Size by Application (2013-2018)
Figure China Gas Turbine Service Revenue Market Share (%) by Application (2013-2018)
Figure China Gas Turbine Service Market Size Share by Application in 2017
Figure Japan Gas Turbine Service Market Size (Million USD) and Growth Rate (2013-2018)
Table Japan Gas Turbine Service Market Size (Million USD) by Players (2013-2018)
Figure Japan Gas Turbine Service Market Size Share by Players in 2013
Figure Japan Gas Turbine Service Market Size Share by Players in 2017
Table Japan Gas Turbine Service Market Size by Application (2013-2018)
Figure Japan Gas Turbine Service Revenue Market Share (%) by Application (2013-2018)
Figure Japan Gas Turbine Service Market Size Share by Application in 2017
Figure Southeast Asia Gas Turbine Service Market Size (Million USD) and Growth Rate (2013-2018)
Table Southeast Asia Gas Turbine Service Market Size (Million USD) by Players (2013-2018)
Figure Southeast Asia Gas Turbine Service Market Size Share by Players in 2013
Figure Southeast Asia Gas Turbine Service Market Size Share by Players in 2017
Table Southeast Asia Gas Turbine Service Market Size by Application (2013-2018)
Figure Southeast Asia Gas Turbine Service Revenue Market Share (%) by Application (2013-2018)
Figure Southeast Asia Gas Turbine Service Market Size Share by Application in 2017
Figure India Gas Turbine Service Market Size (Million USD) and Growth Rate (2013-2018)
Table India Gas Turbine Service Market Size (Million USD) by Players (2013-2018)
Figure India Gas Turbine Service Market Size Share by Players in 2013
Figure India Gas Turbine Service Market Size Share by Players in 2017
Table India Gas Turbine Service Market Size by Application (2013-2018)
Figure India Gas Turbine Service Revenue Market Share (%) by Application (2013-2018)
Figure India Gas Turbine Service Market Size Share by Application in 2017
Figure Global Gas Turbine Service Market Size and Growth Rate (2018-2025)
Table Global Gas Turbine Service Market Size (Million USD) by Regions (2018-2025)
Figure Global Gas Turbine Service Market Size Share (2018-2025)
Figure Global Gas Turbine Service Market Size Share by Regions in 2025
Figure United States Gas Turbine Service Revenue (Million USD) and Growth Rate (2018-2025)
Figure Europe Gas Turbine Service Revenue (Million USD) and Growth Rate (2018-2025)
Figure China Gas Turbine Service Revenue (Million USD) and Growth Rate (2018-2025)
Figure Japan Gas Turbine Service Revenue (Million USD) and Growth Rate (2018-2025)
Figure Southeast Asia Gas Turbine Service Revenue (Million USD) and Growth Rate (2018-2025)
Figure India Gas Turbine Service Revenue (Million USD) and Growth Rate (2018-2025)
Table Global Gas Turbine Service Market Size (Million USD) by Type (2018-2025)
Figure Global Gas Turbine Service Market Size Share by Type in 2018
Figure Global Gas Turbine Service Market Size Share by Type in 2025
Table Global Gas Turbine Service Market Size (Million USD) by Application (2018-2025)
Figure Global Gas Turbine Service Market Size (Million USD) by Application in 2018

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