Report overview
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.
This report aims to provide a comprehensive presentation of the global market for Gas Turbine Services, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Gas Turbine Services. This report contains market size and forecasts of Gas Turbine Services in global, including the following market information:
Global Gas Turbine Services Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global top five companies in 2022 (%)
The global Gas Turbine Services market was valued at US$ 20020 million in 2022 and is projected to reach US$ 26050 million by 2029, at a CAGR of 3.8% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
General Electric, Mitsubishi Hitachi Power Systems and Siemens are the leaders of the Gas Turbine Services industry, which take about 60% market share. America is the major region of the global market, which takes about 30% market share.
We surveyed the Gas Turbine Services companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Gas Turbine Services Market, by Type, 2018-2023, 2024-2029 ($ millions)
Global Gas Turbine Services Market Segment Percentages, by Type, 2022 (%)
Heavy Duty Services
Aero-Derivative Services
Global Gas Turbine Services Market, by Application, 2018-2023, 2024-2029 ($ millions)
Global Gas Turbine Services Market Segment Percentages, by Application, 2022 (%)
Power Generation
Oil & Gas
Others
Global Gas Turbine Services Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions)
Global Gas Turbine Services Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Gas Turbine Services revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies Gas Turbine Services revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
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
Outline of Major Chapters:
Chapter 1: Introduces the definition of Gas Turbine Services, market overview.
Chapter 2: Global Gas Turbine Services market size in revenue.
Chapter 3: Detailed analysis of Gas Turbine Services company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Gas Turbine Services in regional level and country 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 of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.
