Report Detail
Global Gas Turbine Services Market Growth (Status and Outlook) 2019-2024
- RnM3034833 |
- 27 February, 2019 |
- Global |
- 131 Pages |
- LPI(LP Information) |
- Service & Software
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.
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.
Market competition is intense. General Electric, Siemens, Mitsubishi Hitachi Power Systems, Wood Group, etc. are the leaders of the industry, and they hold key technologies and patents, with high-end customers; have been formed in the monopoly position in the industry.
According to this study, over the next five years the Gas Turbine Services 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 Services business, shared in Chapter 3.
This report presents a comprehensive overview, market shares and growth opportunities of Gas Turbine Services market by product type, application, key companies and key regions.
This study considers the Gas Turbine Services 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
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 Services 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 Services market by identifying its various subsegments.
Focuses on the key global Gas Turbine Services 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 Services 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 Services 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 Services 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 Services Market Size 2014-2024
- 2.1.2 Gas Turbine Services Market Size CAGR by Region
- 2.2 Gas Turbine Services Segment by Type
- 2.2.1 Heavy Duty Services
- 2.2.2 Aero-Derivative Services
- 2.3 Gas Turbine Services Market Size by Type
- 2.3.1 Global Gas Turbine Services Market Size Market Share by Type (2014-2019)
- 2.3.2 Global Gas Turbine Services Market Size Growth Rate by Type (2014-2019)
- 2.4 Gas Turbine Services Segment by Application
- 2.4.1 Power Generation
- 2.4.2 Oil & Gas
- 2.5 Gas Turbine Services Market Size by Application
- 2.5.1 Global Gas Turbine Services Market Size Market Share by Application (2014-2019)
- 2.5.2 Global Gas Turbine Services Market Size Growth Rate by Application (2014-2019)
3 Global Gas Turbine Services by Players
- 3.1 Global Gas Turbine Services Market Size Market Share by Players
- 3.1.1 Global Gas Turbine Services Market Size by Players (2017-2019)
- 3.1.2 Global Gas Turbine Services Market Size Market Share by Players (2017-2019)
- 3.2 Global Gas Turbine Services 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 Services by Regions
- 4.1 Gas Turbine Services Market Size by Regions
- 4.2 Americas Gas Turbine Services Market Size Growth
- 4.3 APAC Gas Turbine Services Market Size Growth
- 4.4 Europe Gas Turbine Services Market Size Growth
- 4.5 Middle East & Africa Gas Turbine Services Market Size Growth
5 Americas
- 5.1 Americas Gas Turbine Services Market Size by Countries
- 5.2 Americas Gas Turbine Services Market Size by Type
- 5.3 Americas Gas Turbine Services 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 Services Market Size by Countries
- 6.2 APAC Gas Turbine Services Market Size by Type
- 6.3 APAC Gas Turbine Services 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 Services by Countries
- 7.2 Europe Gas Turbine Services Market Size by Type
- 7.3 Europe Gas Turbine Services 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 Services by Countries
- 8.2 Middle East & Africa Gas Turbine Services Market Size by Type
- 8.3 Middle East & Africa Gas Turbine Services 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 Services Market Forecast
- 10.1 Global Gas Turbine Services Market Size Forecast (2019-2024)
- 10.2 Global Gas Turbine Services Forecast by Regions
- 10.2.1 Global Gas Turbine Services 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 Services Forecast by Type
- 10.8 Global Gas Turbine Services Forecast by Application
11 Key Players Analysis
- 11.1 General Electric
- 11.1.1 Company Details
- 11.1.2 Gas Turbine Services Product Offered
- 11.1.3 General Electric Gas Turbine Services 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 Services Product Offered
- 11.2.3 Mitsubishi Hitachi Power Systems Gas Turbine Services 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 Services Product Offered
- 11.3.3 Siemens Gas Turbine Services 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 Services Product Offered
- 11.4.3 Wood Group Gas Turbine Services 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 Services Product Offered
- 11.5.3 Kawasaki Heavy Industries Gas Turbine Services 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 Services Product Offered
- 11.6.3 Solar Turbines Gas Turbine Services 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 Services Product Offered
- 11.7.3 MTU Aero Engines Gas Turbine Services 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 Services Product Offered
- 11.8.3 Ansaldo Energia Gas Turbine Services 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 Services Product Offered
- 11.9.3 Sulzer Gas Turbine Services 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 Services Product Offered
- 11.10.3 MAN Diesel & Turbo Gas Turbine Services 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 Services . Industry analysis & Market Report on Gas Turbine Services is a syndicated market report, published as Global Gas Turbine Services Market Growth (Status and Outlook) 2019-2024. It is complete Research Study and Industry Analysis of Gas Turbine Services market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.
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