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Global Heavy-Duty Gas Turbine Services Market Research Report 2024
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 Heavy-Duty Gas Turbine Services market was valued at US$ 15760 million in 2023 and is anticipated to reach US$ 20660 million by 2030, witnessing a CAGR of 4.0% during the forecast period 2024-2030.
The Heavy-Duty Gas Turbine Services market is a critical and dynamic sector within the power generation and industrial landscape. Gas turbines are integral for generating electricity and driving machinery in various industries, and their reliability and efficiency are paramount. This market encompasses a wide range of services, including maintenance, repair, overhauls, and upgrades, aimed at ensuring the continued performance and longevity of heavy-duty gas turbines. With major players like Siemens Energy Services and General Electric (GE) Power Services, this market is at the forefront of technological innovation, incorporating digital solutions for real-time monitoring and predictive maintenance. The demand for these services is driven by the need for improved efficiency, reduced downtime, and compliance with environmental regulations. As the global demand for reliable and efficient power generation and industrial processes continues to grow, the Heavy-Duty Gas Turbine Services market remains instrumental in supporting these critical infrastructure assets, enabling businesses and utilities to meet their energy needs efficiently and sustainably.
This report aims to provide a comprehensive presentation of the global market for Heavy-Duty 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 Heavy-Duty Gas Turbine Services.
Report Scope
The Heavy-Duty 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 Heavy-Duty 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 Heavy-Duty 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
Below 100 MW
100 to 200 MW
Above 200 MW
Segment by Application
Power Generation
Oil and Gas
Others
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
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 Heavy-Duty 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.
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 Heavy-Duty Gas Turbine Services market was valued at US$ 15760 million in 2023 and is anticipated to reach US$ 20660 million by 2030, witnessing a CAGR of 4.0% during the forecast period 2024-2030.
The Heavy-Duty Gas Turbine Services market is a critical and dynamic sector within the power generation and industrial landscape. Gas turbines are integral for generating electricity and driving machinery in various industries, and their reliability and efficiency are paramount. This market encompasses a wide range of services, including maintenance, repair, overhauls, and upgrades, aimed at ensuring the continued performance and longevity of heavy-duty gas turbines. With major players like Siemens Energy Services and General Electric (GE) Power Services, this market is at the forefront of technological innovation, incorporating digital solutions for real-time monitoring and predictive maintenance. The demand for these services is driven by the need for improved efficiency, reduced downtime, and compliance with environmental regulations. As the global demand for reliable and efficient power generation and industrial processes continues to grow, the Heavy-Duty Gas Turbine Services market remains instrumental in supporting these critical infrastructure assets, enabling businesses and utilities to meet their energy needs efficiently and sustainably.
This report aims to provide a comprehensive presentation of the global market for Heavy-Duty 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 Heavy-Duty Gas Turbine Services.
Report Scope
The Heavy-Duty 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 Heavy-Duty 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 Heavy-Duty 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
Below 100 MW
100 to 200 MW
Above 200 MW
Segment by Application
Power Generation
Oil and Gas
Others
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
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 Heavy-Duty 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.
Index1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global Heavy-Duty Gas Turbine Services Market Size Growth Rate by Type: 2019 VS 2023 VS 2030
1.2.2 Below 100 MW
1.2.3 100 to 200 MW
1.2.4 Above 200 MW
1.3 Market by Application
1.3.1 Global Heavy-Duty Gas Turbine Services Market Growth by Application: 2019 VS 2023 VS 2030
1.3.2 Power Generation
1.3.3 Oil and Gas
1.3.4 Others
1.4 Study Objectives
1.5 Years Considered
1.6 Years Considered
2 Global Growth Trends
2.1 Global Heavy-Duty Gas Turbine Services Market Perspective (2019-2030)
2.2 Heavy-Duty Gas Turbine Services Growth Trends by Region
2.2.1 Global Heavy-Duty Gas Turbine Services Market Size by Region: 2019 VS 2023 VS 2030
2.2.2 Heavy-Duty Gas Turbine Services Historic Market Size by Region (2019-2024)
2.2.3 Heavy-Duty Gas Turbine Services Forecasted Market Size by Region (2025-2030)
2.3 Heavy-Duty Gas Turbine Services Market Dynamics
2.3.1 Heavy-Duty Gas Turbine Services Industry Trends
2.3.2 Heavy-Duty Gas Turbine Services Market Drivers
2.3.3 Heavy-Duty Gas Turbine Services Market Challenges
2.3.4 Heavy-Duty Gas Turbine Services Market Restraints
3 Competition Landscape by Key Players
3.1 Global Top Heavy-Duty Gas Turbine Services Players by Revenue
3.1.1 Global Top Heavy-Duty Gas Turbine Services Players by Revenue (2019-2024)
3.1.2 Global Heavy-Duty Gas Turbine Services Revenue Market Share by Players (2019-2024)
3.2 Global Heavy-Duty Gas Turbine Services Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Players Covered: Ranking by Heavy-Duty Gas Turbine Services Revenue
3.4 Global Heavy-Duty Gas Turbine Services Market Concentration Ratio
3.4.1 Global Heavy-Duty Gas Turbine Services Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by Heavy-Duty Gas Turbine Services Revenue in 2023
3.5 Heavy-Duty Gas Turbine Services Key Players Head office and Area Served
3.6 Key Players Heavy-Duty Gas Turbine Services Product Solution and Service
3.7 Date of Enter into Heavy-Duty Gas Turbine Services Market
3.8 Mergers & Acquisitions, Expansion Plans
4 Heavy-Duty Gas Turbine Services Breakdown Data by Type
4.1 Global Heavy-Duty Gas Turbine Services Historic Market Size by Type (2019-2024)
4.2 Global Heavy-Duty Gas Turbine Services Forecasted Market Size by Type (2025-2030)
5 Heavy-Duty Gas Turbine Services Breakdown Data by Application
5.1 Global Heavy-Duty Gas Turbine Services Historic Market Size by Application (2019-2024)
5.2 Global Heavy-Duty Gas Turbine Services Forecasted Market Size by Application (2025-2030)
6 North America
6.1 North America Heavy-Duty Gas Turbine Services Market Size (2019-2030)
6.2 North America Heavy-Duty Gas Turbine Services Market Growth Rate by Country: 2019 VS 2023 VS 2030
6.3 North America Heavy-Duty Gas Turbine Services Market Size by Country (2019-2024)
6.4 North America Heavy-Duty Gas Turbine Services Market Size by Country (2025-2030)
6.5 United States
6.6 Canada
7 Europe
7.1 Europe Heavy-Duty Gas Turbine Services Market Size (2019-2030)
7.2 Europe Heavy-Duty Gas Turbine Services Market Growth Rate by Country: 2019 VS 2023 VS 2030
7.3 Europe Heavy-Duty Gas Turbine Services Market Size by Country (2019-2024)
7.4 Europe Heavy-Duty 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 Heavy-Duty Gas Turbine Services Market Size (2019-2030)
8.2 Asia-Pacific Heavy-Duty Gas Turbine Services Market Growth Rate by Region: 2019 VS 2023 VS 2030
8.3 Asia-Pacific Heavy-Duty Gas Turbine Services Market Size by Region (2019-2024)
8.4 Asia-Pacific Heavy-Duty 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 Heavy-Duty Gas Turbine Services Market Size (2019-2030)
9.2 Latin America Heavy-Duty Gas Turbine Services Market Growth Rate by Country: 2019 VS 2023 VS 2030
9.3 Latin America Heavy-Duty Gas Turbine Services Market Size by Country (2019-2024)
9.4 Latin America Heavy-Duty Gas Turbine Services Market Size by Country (2025-2030)
9.5 Mexico
9.6 Brazil
10 Middle East & Africa
10.1 Middle East & Africa Heavy-Duty Gas Turbine Services Market Size (2019-2030)
10.2 Middle East & Africa Heavy-Duty Gas Turbine Services Market Growth Rate by Country: 2019 VS 2023 VS 2030
10.3 Middle East & Africa Heavy-Duty Gas Turbine Services Market Size by Country (2019-2024)
10.4 Middle East & Africa Heavy-Duty 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 Heavy-Duty Gas Turbine Services Introduction
11.1.4 General Electric Revenue in Heavy-Duty 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 Heavy-Duty Gas Turbine Services Introduction
11.2.4 Mitsubishi Hitachi Power Systems Revenue in Heavy-Duty 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 Heavy-Duty Gas Turbine Services Introduction
11.3.4 Siemens Revenue in Heavy-Duty 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 Heavy-Duty Gas Turbine Services Introduction
11.4.4 Wood Group Revenue in Heavy-Duty 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 Heavy-Duty Gas Turbine Services Introduction
11.5.4 Kawasaki Heavy Industries Revenue in Heavy-Duty 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 Heavy-Duty Gas Turbine Services Introduction
11.6.4 Solar Turbines Revenue in Heavy-Duty 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 Heavy-Duty Gas Turbine Services Introduction
11.7.4 MTU Aero Engines Revenue in Heavy-Duty 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 Heavy-Duty Gas Turbine Services Introduction
11.8.4 Ansaldo Energia Revenue in Heavy-Duty 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 Heavy-Duty Gas Turbine Services Introduction
11.9.4 Sulzer Revenue in Heavy-Duty 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 Heavy-Duty Gas Turbine Services Introduction
11.10.4 MAN Diesel & Turbo Revenue in Heavy-Duty 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 Heavy-Duty Gas Turbine Services Introduction
11.11.4 MJB International Revenue in Heavy-Duty 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 Heavy-Duty Gas Turbine Services Introduction
11.12.4 Proenergy Services Revenue in Heavy-Duty 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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