Report Detail
Global Gas Turbine Service Market Growth (Status and Outlook) 2019-2024
- RnM3072129 |
- 07 March, 2019 |
- Global |
- 135 Pages |
- LPI(LP Information) |
- Service & Software
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.
According to this study, over the next five years the Gas Turbine Service market will register a 4.1% CAGR in terms of revenue, the global market size will reach US$ 21000 million by 2024, from US$ 16500 million in 2019. In particular, this report presents the global revenue market share of key companies in Gas Turbine Service business, shared in Chapter 3.
This report presents a comprehensive overview, market shares and growth opportunities of Gas Turbine Service market by product type, application, key companies and key regions.
This study considers the Gas Turbine Service value generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019 in Section 2.3; and forecast to 2024 in section 10.7.
Heavy Duty Services
Aero-Derivative Services
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 10.8.
Power Generation
Oil & Gas
Other
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
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
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key players and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Gas Turbine Service market size by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Gas Turbine Service market by identifying its various subsegments.
Focuses on the key global Gas Turbine Service players, to define, describe and analyze the value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Gas Turbine Service with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the size of Gas Turbine Service submarkets, with respect to key regions (along with their respective key countries).
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.
Table of Contents
2019-2024 Global Gas Turbine Service Market Report (Status and Outlook)
1 Scope of the Report
- 1.1 Market Introduction
- 1.2 Research Objectives
- 1.3 Years Considered
- 1.4 Market Research Methodology
- 1.5 Economic Indicators
- 1.6 Currency Considered
2 Executive Summary
- 2.1 World Market Overview
- 2.1.1 Global Gas Turbine Service Market Size 2014-2024
- 2.1.2 Gas Turbine Service Market Size CAGR by Region
- 2.2 Gas Turbine Service Segment by Type
- 2.2.1 Heavy Duty Services
- 2.2.2 Aero-Derivative Services
- 2.3 Gas Turbine Service Market Size by Type
- 2.3.1 Global Gas Turbine Service Market Size Market Share by Type (2014-2019)
- 2.3.2 Global Gas Turbine Service Market Size Growth Rate by Type (2014-2019)
- 2.4 Gas Turbine Service Segment by Application
- 2.4.1 Power Generation
- 2.4.2 Oil & Gas
- 2.4.3 Other
- 2.5 Gas Turbine Service Market Size by Application
- 2.5.1 Global Gas Turbine Service Market Size Market Share by Application (2014-2019)
- 2.5.2 Global Gas Turbine Service Market Size Growth Rate by Application (2014-2019)
3 Global Gas Turbine Service by Players
- 3.1 Global Gas Turbine Service Market Size Market Share by Players
- 3.1.1 Global Gas Turbine Service Market Size by Players (2017-2019)
- 3.1.2 Global Gas Turbine Service Market Size Market Share by Players (2017-2019)
- 3.2 Global Gas Turbine Service Key Players Head office and Products Offered
- 3.3 Market Concentration Rate Analysis
- 3.3.1 Competition Landscape Analysis
- 3.3.2 Concentration Ratio (CR3, CR5 and CR10) (2017-2019)
- 3.4 New Products and Potential Entrants
- 3.5 Mergers & Acquisitions, Expansion
4 Gas Turbine Service by Regions
- 4.1 Gas Turbine Service Market Size by Regions
- 4.2 Americas Gas Turbine Service Market Size Growth
- 4.3 APAC Gas Turbine Service Market Size Growth
- 4.4 Europe Gas Turbine Service Market Size Growth
- 4.5 Middle East & Africa Gas Turbine Service Market Size Growth
5 Americas
- 5.1 Americas Gas Turbine Service Market Size by Countries
- 5.2 Americas Gas Turbine Service Market Size by Type
- 5.3 Americas Gas Turbine Service Market Size by Application
- 5.4 United States
- 5.5 Canada
- 5.6 Mexico
- 5.7 Key Economic Indicators of Few Americas Countries
6 APAC
- 6.1 APAC Gas Turbine Service Market Size by Countries
- 6.2 APAC Gas Turbine Service Market Size by Type
- 6.3 APAC Gas Turbine Service Market Size by Application
- 6.4 China
- 6.5 Japan
- 6.6 Korea
- 6.7 Southeast Asia
- 6.8 India
- 6.9 Australia
- 6.10 Key Economic Indicators of Few APAC Countries
7 Europe
- 7.1 Europe Gas Turbine Service by Countries
- 7.2 Europe Gas Turbine Service Market Size by Type
- 7.3 Europe Gas Turbine Service Market Size by Application
- 7.4 Germany
- 7.5 France
- 7.6 UK
- 7.7 Italy
- 7.8 Russia
- 7.9 Spain
- 7.10 Key Economic Indicators of Few Europe Countries
8 Middle East & Africa
- 8.1 Middle East & Africa Gas Turbine Service by Countries
- 8.2 Middle East & Africa Gas Turbine Service Market Size by Type
- 8.3 Middle East & Africa Gas Turbine Service Market Size by Application
- 8.4 Egypt
- 8.5 South Africa
- 8.6 Israel
- 8.7 Turkey
- 8.8 GCC Countries
9 Market Drivers, Challenges and Trends
- 9.1 Market Drivers and Impact
- 9.1.1 Growing Demand from Key Regions
- 9.1.2 Growing Demand from Key Applications and Potential Industries
- 9.2 Market Challenges and Impact
- 9.3 Market Trends
10 Global Gas Turbine Service Market Forecast
- 10.1 Global Gas Turbine Service Market Size Forecast (2019-2024)
- 10.2 Global Gas Turbine Service Forecast by Regions
- 10.2.1 Global Gas Turbine Service Forecast by Regions (2019-2024)
- 10.2.2 Americas Market Forecast
- 10.2.3 APAC Market Forecast
- 10.2.4 Europe Market Forecast
- 10.2.5 Middle East & Africa Market Forecast
- 10.3 Americas Forecast by Countries
- 10.3.1 United States Market Forecast
- 10.3.2 Canada Market Forecast
- 10.3.3 Mexico Market Forecast
- 10.3.4 Brazil Market Forecast
- 10.4 APAC Forecast by Countries
- 10.4.1 China Market Forecast
- 10.4.2 Japan Market Forecast
- 10.4.3 Korea Market Forecast
- 10.4.4 Southeast Asia Market Forecast
- 10.4.5 India Market Forecast
- 10.4.6 Australia Market Forecast
- 10.5 Europe Forecast by Countries
- 10.5.1 Germany Market Forecast
- 10.5.2 France Market Forecast
- 10.5.3 UK Market Forecast
- 10.5.4 Italy Market Forecast
- 10.5.5 Russia Market Forecast
- 10.5.6 Spain Market Forecast
- 10.6 Middle East & Africa Forecast by Countries
- 10.6.1 Egypt Market Forecast
- 10.6.2 South Africa Market Forecast
- 10.6.3 Israel Market Forecast
- 10.6.4 Turkey Market Forecast
- 10.6.5 GCC Countries Market Forecast
- 10.7 Global Gas Turbine Service Forecast by Type
- 10.8 Global Gas Turbine Service Forecast by Application
11 Key Players Analysis
- 11.1 General Electric
- 11.1.1 Company Details
- 11.1.2 Gas Turbine Service Product Offered
- 11.1.3 General Electric Gas Turbine Service Revenue, Gross Margin and Market Share (2017-2019)
- 11.1.4 Main Business Overview
- 11.1.5 General Electric News
- 11.2 Mitsubishi Hitachi Power Systems
- 11.2.1 Company Details
- 11.2.2 Gas Turbine Service Product Offered
- 11.2.3 Mitsubishi Hitachi Power Systems Gas Turbine Service Revenue, Gross Margin and Market Share (2017-2019)
- 11.2.4 Main Business Overview
- 11.2.5 Mitsubishi Hitachi Power Systems News
- 11.3 Siemens
- 11.3.1 Company Details
- 11.3.2 Gas Turbine Service Product Offered
- 11.3.3 Siemens Gas Turbine Service Revenue, Gross Margin and Market Share (2017-2019)
- 11.3.4 Main Business Overview
- 11.3.5 Siemens News
- 11.4 Wood Group
- 11.4.1 Company Details
- 11.4.2 Gas Turbine Service Product Offered
- 11.4.3 Wood Group Gas Turbine Service Revenue, Gross Margin and Market Share (2017-2019)
- 11.4.4 Main Business Overview
- 11.4.5 Wood Group News
- 11.5 Kawasaki Heavy Industries
- 11.5.1 Company Details
- 11.5.2 Gas Turbine Service Product Offered
- 11.5.3 Kawasaki Heavy Industries Gas Turbine Service Revenue, Gross Margin and Market Share (2017-2019)
- 11.5.4 Main Business Overview
- 11.5.5 Kawasaki Heavy Industries News
- 11.6 Solar Turbines
- 11.6.1 Company Details
- 11.6.2 Gas Turbine Service Product Offered
- 11.6.3 Solar Turbines Gas Turbine Service Revenue, Gross Margin and Market Share (2017-2019)
- 11.6.4 Main Business Overview
- 11.6.5 Solar Turbines News
- 11.7 MTU Aero Engines
- 11.7.1 Company Details
- 11.7.2 Gas Turbine Service Product Offered
- 11.7.3 MTU Aero Engines Gas Turbine Service Revenue, Gross Margin and Market Share (2017-2019)
- 11.7.4 Main Business Overview
- 11.7.5 MTU Aero Engines News
- 11.8 Ansaldo Energia
- 11.8.1 Company Details
- 11.8.2 Gas Turbine Service Product Offered
- 11.8.3 Ansaldo Energia Gas Turbine Service Revenue, Gross Margin and Market Share (2017-2019)
- 11.8.4 Main Business Overview
- 11.8.5 Ansaldo Energia News
- 11.9 Sulzer
- 11.9.1 Company Details
- 11.9.2 Gas Turbine Service Product Offered
- 11.9.3 Sulzer Gas Turbine Service Revenue, Gross Margin and Market Share (2017-2019)
- 11.9.4 Main Business Overview
- 11.9.5 Sulzer News
- 11.10 MAN Diesel & Turbo
- 11.10.1 Company Details
- 11.10.2 Gas Turbine Service Product Offered
- 11.10.3 MAN Diesel & Turbo Gas Turbine Service Revenue, Gross Margin and Market Share (2017-2019)
- 11.10.4 Main Business Overview
- 11.10.5 MAN Diesel & Turbo News
- 11.11 MJB International
- 11.12 Proenergy Services
12 Research Findings and Conclusion
Summary:
Get latest Market Research Reports on Gas Turbine Service. Industry analysis & Market Report on Gas Turbine Service is a syndicated market report, published as Global Gas Turbine Service Market Growth (Status and Outlook) 2019-2024. It is complete Research Study and Industry Analysis of Gas Turbine Service market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.
REPORT YOU MIGHT BE INTERESTED
Related Reports
Reason to Buy
Reports and Markets
Contact Us
+1-352-353-0818 (US)Newsletter
KEEP UP TO DATE ON ALL THE LATEST REPORTS
