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Synopsis
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 global Gas Turbine Services market was valued at US$ 19460 million in 2023 and is anticipated to reach US$ 25690 million by 2030, witnessing a CAGR of 4.0% during the forecast period 2024-2030.
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.
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.
Report Scope
The Gas Turbine Services market size, estimations, and forecasts are provided in terms of revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Gas Turbine Services market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Gas Turbine Services companies, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
- 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
Segment by Type
- Heavy Duty Services
- Aero-Derivative Services
Segment by Application
- Power Generation
- Oil & Gas
- Others
By Region
- North America (United States, Canada)
- Europe (Germany, France, U.K., Italy, Netherlands)
- Asia-Pacific (China, Japan, South Korea, China Taiwan, Southeast Asia, India)
- Latin America, Middle East & Africa (Latin America, Mexico, Brazil, Turkey)
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Gas Turbine Services companies’ competitive landscape, revenue 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, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. 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, and capacity of each country in the world.
Chapter 11: 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 12: The main points and conclusions of the report.
Index
1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global Gas Turbine Services Market Size Growth Rate by Type: 2019 VS 2023 VS 2030
1.2.2 Heavy Duty Services
1.2.3 Aero-Derivative Services
1.3 Market by Application
1.3.1 Global Gas Turbine Services Market Growth by Application: 2019 VS 2023 VS 2030
1.3.2 Power Generation
1.3.3 Oil & Gas
1.3.4 Others
1.4 Study Objectives
1.5 Years Considered
1.6 Years Considered
2 Global Growth Trends
2.1 Global Gas Turbine Services Market Perspective (2019-2030)
2.2 Gas Turbine Services Growth Trends by Region
2.2.1 Global Gas Turbine Services Market Size by Region: 2019 VS 2023 VS 2030
2.2.2 Gas Turbine Services Historic Market Size by Region (2019-2024)
2.2.3 Gas Turbine Services Forecasted Market Size by Region (2025-2030)
2.3 Gas Turbine Services Market Dynamics
2.3.1 Gas Turbine Services Industry Trends
2.3.2 Gas Turbine Services Market Drivers
2.3.3 Gas Turbine Services Market Challenges
2.3.4 Gas Turbine Services Market Restraints
3 Competition Landscape by Key Players
3.1 Global Top Gas Turbine Services Players by Revenue
3.1.1 Global Top Gas Turbine Services Players by Revenue (2019-2024)
3.1.2 Global Gas Turbine Services Revenue Market Share by Players (2019-2024)
3.2 Global Gas Turbine Services Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Players Covered: Ranking by Gas Turbine Services Revenue
3.4 Global Gas Turbine Services Market Concentration Ratio
3.4.1 Global Gas Turbine Services Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by Gas Turbine Services Revenue in 2023
3.5 Gas Turbine Services Key Players Head office and Area Served
3.6 Key Players Gas Turbine Services Product Solution and Service
3.7 Date of Enter into Gas Turbine Services Market
3.8 Mergers & Acquisitions, Expansion Plans
4 Gas Turbine Services Breakdown Data by Type
4.1 Global Gas Turbine Services Historic Market Size by Type (2019-2024)
4.2 Global Gas Turbine Services Forecasted Market Size by Type (2025-2030)
5 Gas Turbine Services Breakdown Data by Application
5.1 Global Gas Turbine Services Historic Market Size by Application (2019-2024)
5.2 Global Gas Turbine Services Forecasted Market Size by Application (2025-2030)
6 North America
6.1 North America Gas Turbine Services Market Size (2019-2030)
6.2 North America Gas Turbine Services Market Growth Rate by Country: 2019 VS 2023 VS 2030
6.3 North America Gas Turbine Services Market Size by Country (2019-2024)
6.4 North America Gas Turbine Services Market Size by Country (2025-2030)
6.5 United States
6.6 Canada
7 Europe
7.1 Europe Gas Turbine Services Market Size (2019-2030)
7.2 Europe Gas Turbine Services Market Growth Rate by Country: 2019 VS 2023 VS 2030
7.3 Europe Gas Turbine Services Market Size by Country (2019-2024)
7.4 Europe Gas Turbine Services Market Size by Country (2025-2030)
7.5 Germany
7.6 France
7.7 U.K.
7.8 Italy
7.9 Russia
7.10 Nordic Countries
8 Asia-Pacific
8.1 Asia-Pacific Gas Turbine Services Market Size (2019-2030)
8.2 Asia-Pacific Gas Turbine Services Market Growth Rate by Region: 2019 VS 2023 VS 2030
8.3 Asia-Pacific Gas Turbine Services Market Size by Region (2019-2024)
8.4 Asia-Pacific Gas Turbine Services Market Size by Region (2025-2030)
8.5 China
8.6 Japan
8.7 South Korea
8.8 Southeast Asia
8.9 India
8.10 Australia
9 Latin America
9.1 Latin America Gas Turbine Services Market Size (2019-2030)
9.2 Latin America Gas Turbine Services Market Growth Rate by Country: 2019 VS 2023 VS 2030
9.3 Latin America Gas Turbine Services Market Size by Country (2019-2024)
9.4 Latin America Gas Turbine Services Market Size by Country (2025-2030)
9.5 Mexico
9.6 Brazil
10 Middle East & Africa
10.1 Middle East & Africa Gas Turbine Services Market Size (2019-2030)
10.2 Middle East & Africa Gas Turbine Services Market Growth Rate by Country: 2019 VS 2023 VS 2030
10.3 Middle East & Africa Gas Turbine Services Market Size by Country (2019-2024)
10.4 Middle East & Africa Gas Turbine Services Market Size by Country (2025-2030)
10.5 Turkey
10.6 Saudi Arabia
10.7 UAE
11 Key Players Profiles
11.1 General Electric
11.1.1 General Electric Company Detail
11.1.2 General Electric Business Overview
11.1.3 General Electric Gas Turbine Services Introduction
11.1.4 General Electric Revenue in Gas Turbine Services Business (2019-2024)
11.1.5 General Electric Recent Development
11.2 Mitsubishi Hitachi Power Systems
11.2.1 Mitsubishi Hitachi Power Systems Company Detail
11.2.2 Mitsubishi Hitachi Power Systems Business Overview
11.2.3 Mitsubishi Hitachi Power Systems Gas Turbine Services Introduction
11.2.4 Mitsubishi Hitachi Power Systems Revenue in Gas Turbine Services Business (2019-2024)
11.2.5 Mitsubishi Hitachi Power Systems Recent Development
11.3 Siemens
11.3.1 Siemens Company Detail
11.3.2 Siemens Business Overview
11.3.3 Siemens Gas Turbine Services Introduction
11.3.4 Siemens Revenue in Gas Turbine Services Business (2019-2024)
11.3.5 Siemens Recent Development
11.4 Wood Group
11.4.1 Wood Group Company Detail
11.4.2 Wood Group Business Overview
11.4.3 Wood Group Gas Turbine Services Introduction
11.4.4 Wood Group Revenue in Gas Turbine Services Business (2019-2024)
11.4.5 Wood Group Recent Development
11.5 Kawasaki Heavy Industries
11.5.1 Kawasaki Heavy Industries Company Detail
11.5.2 Kawasaki Heavy Industries Business Overview
11.5.3 Kawasaki Heavy Industries Gas Turbine Services Introduction
11.5.4 Kawasaki Heavy Industries Revenue in Gas Turbine Services Business (2019-2024)
11.5.5 Kawasaki Heavy Industries Recent Development
11.6 Solar Turbines
11.6.1 Solar Turbines Company Detail
11.6.2 Solar Turbines Business Overview
11.6.3 Solar Turbines Gas Turbine Services Introduction
11.6.4 Solar Turbines Revenue in Gas Turbine Services Business (2019-2024)
11.6.5 Solar Turbines Recent Development
11.7 MTU Aero Engines
11.7.1 MTU Aero Engines Company Detail
11.7.2 MTU Aero Engines Business Overview
11.7.3 MTU Aero Engines Gas Turbine Services Introduction
11.7.4 MTU Aero Engines Revenue in Gas Turbine Services Business (2019-2024)
11.7.5 MTU Aero Engines Recent Development
11.8 Ansaldo Energia
11.8.1 Ansaldo Energia Company Detail
11.8.2 Ansaldo Energia Business Overview
11.8.3 Ansaldo Energia Gas Turbine Services Introduction
11.8.4 Ansaldo Energia Revenue in Gas Turbine Services Business (2019-2024)
11.8.5 Ansaldo Energia Recent Development
11.9 Sulzer
11.9.1 Sulzer Company Detail
11.9.2 Sulzer Business Overview
11.9.3 Sulzer Gas Turbine Services Introduction
11.9.4 Sulzer Revenue in Gas Turbine Services Business (2019-2024)
11.9.5 Sulzer Recent Development
11.10 MAN Diesel & Turbo
11.10.1 MAN Diesel & Turbo Company Detail
11.10.2 MAN Diesel & Turbo Business Overview
11.10.3 MAN Diesel & Turbo Gas Turbine Services Introduction
11.10.4 MAN Diesel & Turbo Revenue in Gas Turbine Services Business (2019-2024)
11.10.5 MAN Diesel & Turbo Recent Development
11.11 MJB International
11.11.1 MJB International Company Detail
11.11.2 MJB International Business Overview
11.11.3 MJB International Gas Turbine Services Introduction
11.11.4 MJB International Revenue in Gas Turbine Services Business (2019-2024)
11.11.5 MJB International Recent Development
11.12 Proenergy Services
11.12.1 Proenergy Services Company Detail
11.12.2 Proenergy Services Business Overview
11.12.3 Proenergy Services Gas Turbine Services Introduction
11.12.4 Proenergy Services Revenue in Gas Turbine Services Business (2019-2024)
11.12.5 Proenergy Services Recent Development
12 Analyst's Viewpoints/Conclusions
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.2 Data Source
13.2 Disclaimer
13.3 Author Details
Published By : QY Research
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