Gas Turbine Service market

Gas Turbine Service Market - Global Outlook and Forecast 2022-2028

  • 25 January 2022
  • Energy and Natural Resources
  • 70 Pages
  • Report code : PMR-6800151

  • 4.7 (158)

Gas Turbine Service Market

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In Gas Turbine Service Market , 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.

Gas Turbine Service Market contains market size and forecasts of Gas Turbine Service in Global, including the following market information:

Global Gas Turbine Service Market Revenue, 2017-2022, 2023-2028, ($ millions)

Global top five companies in 2021 (%)

The global Gas Turbine Service market was valued at 20020 million in 2021 and is projected to reach US$ 26050 million by 2028, at a CAGR of 3.8% during the forecast period.

The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.

Heavy Duty Services Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The global key manufacturers of Gas Turbine Service include General Electric, Mitsubishi Hitachi Power Systems, Siemens, Wood Group, Kawasaki Heavy Industries, Solar Turbines, MTU Aero Engines, Ansaldo Energia and Sulzer, etc. In 2021, the global top five players have a share approximately % in terms of revenue.

We surveyed the Gas Turbine Service companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global Gas Turbine Service Market, by Type, 2017-2022, 2023-2028 ($ millions)

Global Gas Turbine Service Market Segment Percentages, by Type, 2021 (%)

Heavy Duty Services

Aero-Derivative Services

Global Gas Turbine Service Market, by Application, 2017-2022, 2023-2028 ($ millions)

Global Gas Turbine Service Market Segment Percentages, by Application, 2021 (%)

Power Generation

Oil & Gas

Other

Global Gas Turbine Service Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)

Global Gas Turbine Service Market Segment Percentages, By Region and Country, 2021 (%)

North America

US

Canada

Mexico

Europe

Germany

France

U.K.

Italy

Russia

Nordic Countries

Benelux

Rest of Europe

Asia

China

Japan

South Korea

Southeast Asia

India

Rest of Asia

South America

Brazil

Argentina

Rest of South America

Middle East & Africa

Turkey

Israel

Saudi Arabia

UAE

Rest of Middle East & Africa

Competitor Analysis

The report also provides analysis of leading market participants including:

Key companies Gas Turbine Service revenues in global market, 2017-2022 (estimated), ($ millions)

Key companies Gas Turbine Service revenues share in global market, 2021 (%)

Further, the report presents profiles of competitors in the market, key players include:

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

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