Report Detail
Global Gas Turbine Service Market Size, Status and Forecast 2019-2025
- RnM3367339 |
- 30 April, 2019 |
- Global |
- 95 Pages |
- QYResearch |
- 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.
In 2018, 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 2019-2025.
This report focuses on the global Gas Turbine Service status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Gas Turbine Service development in United States, Europe and China.
The key players covered in this study
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 Type, the product can be split into
Heavy Duty Services
Aero-Derivative Services
Market segment by Application, split into
Power Generation
Oil & Gas
Other
Market segment by Regions/Countries, this report covers
United States
Europe
China
Japan
Southeast Asia
India
Central & South America
The study objectives of this report are:
To analyze global Gas Turbine Service status, future forecast, growth opportunity, key market and key players.
To present the Gas Turbine Service development in United States, Europe and China.
To strategically profile the key players and comprehensively analyze their development plan and strategies.
To define, describe and forecast the market by product type, market and key regions.
In this study, the years considered to estimate the market size of Gas Turbine Service are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Table of Contents
1 Report Overview
- 1.1 Study Scope
- 1.2 Key Market Segments
- 1.3 Players Covered
- 1.4 Market Analysis by Type
- 1.4.1 Global Gas Turbine Service Market Size Growth Rate by Type (2014-2025)
- 1.4.2 Heavy Duty Services
- 1.4.3 Aero-Derivative Services
- 1.5 Market by Application
- 1.5.1 Global Gas Turbine Service Market Share by Application (2014-2025)
- 1.5.2 Power Generation
- 1.5.3 Oil & Gas
- 1.5.4 Other
- 1.6 Study Objectives
- 1.7 Years Considered
2 Global Growth Trends
- 2.1 Gas Turbine Service Market Size
- 2.2 Gas Turbine Service Growth Trends by Regions
- 2.2.1 Gas Turbine Service Market Size by Regions (2014-2025)
- 2.2.2 Gas Turbine Service Market Share by Regions (2014-2019)
- 2.3 Industry Trends
- 2.3.1 Market Top Trends
- 2.3.2 Market Drivers
- 2.3.3 Market Opportunities
3 Market Share by Key Players
- 3.1 Gas Turbine Service Market Size by Manufacturers
- 3.1.1 Global Gas Turbine Service Revenue by Manufacturers (2014-2019)
- 3.1.2 Global Gas Turbine Service Revenue Market Share by Manufacturers (2014-2019)
- 3.1.3 Global Gas Turbine Service Market Concentration Ratio (CR5 and HHI)
- 3.2 Gas Turbine Service Key Players Head office and Area Served
- 3.3 Key Players Gas Turbine Service Product/Solution/Service
- 3.4 Date of Enter into Gas Turbine Service Market
- 3.5 Mergers & Acquisitions, Expansion Plans
4 Breakdown Data by Type and Application
- 4.1 Global Gas Turbine Service Market Size by Type (2014-2019)
- 4.2 Global Gas Turbine Service Market Size by Application (2014-2019)
5 United States
- 5.1 United States Gas Turbine Service Market Size (2014-2019)
- 5.2 Gas Turbine Service Key Players in United States
- 5.3 United States Gas Turbine Service Market Size by Type
- 5.4 United States Gas Turbine Service Market Size by Application
6 Europe
- 6.1 Europe Gas Turbine Service Market Size (2014-2019)
- 6.2 Gas Turbine Service Key Players in Europe
- 6.3 Europe Gas Turbine Service Market Size by Type
- 6.4 Europe Gas Turbine Service Market Size by Application
7 China
- 7.1 China Gas Turbine Service Market Size (2014-2019)
- 7.2 Gas Turbine Service Key Players in China
- 7.3 China Gas Turbine Service Market Size by Type
- 7.4 China Gas Turbine Service Market Size by Application
8 Japan
- 8.1 Japan Gas Turbine Service Market Size (2014-2019)
- 8.2 Gas Turbine Service Key Players in Japan
- 8.3 Japan Gas Turbine Service Market Size by Type
- 8.4 Japan Gas Turbine Service Market Size by Application
9 Southeast Asia
- 9.1 Southeast Asia Gas Turbine Service Market Size (2014-2019)
- 9.2 Gas Turbine Service Key Players in Southeast Asia
- 9.3 Southeast Asia Gas Turbine Service Market Size by Type
- 9.4 Southeast Asia Gas Turbine Service Market Size by Application
10 India
- 10.1 India Gas Turbine Service Market Size (2014-2019)
- 10.2 Gas Turbine Service Key Players in India
- 10.3 India Gas Turbine Service Market Size by Type
- 10.4 India Gas Turbine Service Market Size by Application
11 Central & South America
- 11.1 Central & South America Gas Turbine Service Market Size (2014-2019)
- 11.2 Gas Turbine Service Key Players in Central & South America
- 11.3 Central & South America Gas Turbine Service Market Size by Type
- 11.4 Central & South America Gas Turbine Service Market Size by Application
12 International Players Profiles
- 12.1 General Electric
- 12.1.1 General Electric Company Details
- 12.1.2 Company Description and Business Overview
- 12.1.3 Gas Turbine Service Introduction
- 12.1.4 General Electric Revenue in Gas Turbine Service Business (2014-2019)
- 12.1.5 General Electric Recent Development
- 12.2 Mitsubishi Hitachi Power Systems
- 12.2.1 Mitsubishi Hitachi Power Systems Company Details
- 12.2.2 Company Description and Business Overview
- 12.2.3 Gas Turbine Service Introduction
- 12.2.4 Mitsubishi Hitachi Power Systems Revenue in Gas Turbine Service Business (2014-2019)
- 12.2.5 Mitsubishi Hitachi Power Systems Recent Development
- 12.3 Siemens
- 12.3.1 Siemens Company Details
- 12.3.2 Company Description and Business Overview
- 12.3.3 Gas Turbine Service Introduction
- 12.3.4 Siemens Revenue in Gas Turbine Service Business (2014-2019)
- 12.3.5 Siemens Recent Development
- 12.4 Wood Group
- 12.4.1 Wood Group Company Details
- 12.4.2 Company Description and Business Overview
- 12.4.3 Gas Turbine Service Introduction
- 12.4.4 Wood Group Revenue in Gas Turbine Service Business (2014-2019)
- 12.4.5 Wood Group Recent Development
- 12.5 Kawasaki Heavy Industries
- 12.5.1 Kawasaki Heavy Industries Company Details
- 12.5.2 Company Description and Business Overview
- 12.5.3 Gas Turbine Service Introduction
- 12.5.4 Kawasaki Heavy Industries Revenue in Gas Turbine Service Business (2014-2019)
- 12.5.5 Kawasaki Heavy Industries Recent Development
- 12.6 Solar Turbines
- 12.6.1 Solar Turbines Company Details
- 12.6.2 Company Description and Business Overview
- 12.6.3 Gas Turbine Service Introduction
- 12.6.4 Solar Turbines Revenue in Gas Turbine Service Business (2014-2019)
- 12.6.5 Solar Turbines Recent Development
- 12.7 MTU Aero Engines
- 12.7.1 MTU Aero Engines Company Details
- 12.7.2 Company Description and Business Overview
- 12.7.3 Gas Turbine Service Introduction
- 12.7.4 MTU Aero Engines Revenue in Gas Turbine Service Business (2014-2019)
- 12.7.5 MTU Aero Engines Recent Development
- 12.8 Ansaldo Energia
- 12.8.1 Ansaldo Energia Company Details
- 12.8.2 Company Description and Business Overview
- 12.8.3 Gas Turbine Service Introduction
- 12.8.4 Ansaldo Energia Revenue in Gas Turbine Service Business (2014-2019)
- 12.8.5 Ansaldo Energia Recent Development
- 12.9 Sulzer
- 12.9.1 Sulzer Company Details
- 12.9.2 Company Description and Business Overview
- 12.9.3 Gas Turbine Service Introduction
- 12.9.4 Sulzer Revenue in Gas Turbine Service Business (2014-2019)
- 12.9.5 Sulzer Recent Development
- 12.10 MAN Diesel & Turbo
- 12.10.1 MAN Diesel & Turbo Company Details
- 12.10.2 Company Description and Business Overview
- 12.10.3 Gas Turbine Service Introduction
- 12.10.4 MAN Diesel & Turbo Revenue in Gas Turbine Service Business (2014-2019)
- 12.10.5 MAN Diesel & Turbo Recent Development
- 12.11 MJB International
- 12.12 Proenergy Services
13 Market Forecast 2019-2025
- 13.1 Market Size Forecast by Regions
- 13.2 United States
- 13.3 Europe
- 13.4 China
- 13.5 Japan
- 13.6 Southeast Asia
- 13.7 India
- 13.8 Central & South America
- 13.9 Market Size Forecast by Product (2019-2025)
- 13.10 Market Size Forecast by Application (2019-2025)
14 Analyst's Viewpoints/Conclusions
15 Appendix
- 15.1 Research Methodology
- 15.1.1 Methodology/Research Approach
- 15.1.1.1 Research Programs/Design
- 15.1.1.2 Market Size Estimation
- 12.1.1.3 Market Breakdown and Data Triangulation
- 15.1.2 Data Source
- 15.1.2.1 Secondary Sources
- 15.1.2.2 Primary Sources
- 15.1.1 Methodology/Research Approach
- 15.2 Disclaimer
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 Size, Status and Forecast 2019-2025. It is complete Research Study and Industry Analysis of Gas Turbine Service market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.
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