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Gas Turbine Services Market Estimated to Grow at a CAGR of 4.1% CAGR by 2025 Top Vendors Covered Like General Electric, Siemens, Mitsubishi Hitachi Power Systems, Wood Group, Kawasaki Heavy Industries, Solar Turbines, Ansaldo Energia, MTU Aero Engines

10-14-2018 01:51 PM CET | Industry, Real Estate & Construction

Press release from: Research Reports Inc.

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Gas Turbine Services Market Estimated to Grow at a CAGR of 4.1% CAGR by 2025

Gas Turbine Services Market Estimated to Grow at a CAGR of 4.1% CAGR by 2025

In this report, RRI Information studies the present scenario (with the base year being 2017) and the growth prospects of global Gas Turbine Services market for 2018-2023.
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 2016, and the proportion is in increasing trend from 2012 to 2017.
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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.
Over the next five years, RRI (RRI Information) projects that Gas Turbine Services will register a 4.1% CAGR in terms of revenue, reach US$ 20000 million by 2023, from US$ 15700 million in 2017.

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.

To calculate the market size, RRI Information considers value generated from the sales of the following segments:

Segmentation by product type:
Heavy Duty Services
Aero-Derivative Services
Segmentation by application:
Power Generation
Oil & Gas
Others
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We can also provide the customized separate regional or country-level reports, for the following regions:
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 players in the market. The key players covered in this report:
General Electric
Siemens
Mitsubishi Hitachi Power Systems
Wood Group
Kawasaki Heavy Industries
Solar Turbines
Ansaldo Energia
MTU Aero Engines
Sulzer
MAN Diesel & Turbo
MJB International
Proenergy Services
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Table of Contents

2018-2023 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 2013-2023
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 (2013-2018)
2.3.2 Global Gas Turbine Services Market Size Growth Rate by Type (2013-2018)
2.4 Gas Turbine Services Segment by Application
2.4.1 Power Generation
2.4.2 Oil & Gas
2.4.3 Others
2.5 Gas Turbine Services Market Size by Application
2.5.1 Global Gas Turbine Services Market Size Market Share by Application (2013-2018)
2.5.2 Global Gas Turbine Services Market Size Growth Rate by Application (2013-2018)

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 (2016-2018)
3.1.2 Global Gas Turbine Services Market Size Market Share by Players (2016-2018)
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) (2016-2018)
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 (2018-2023)
10.2 Global Gas Turbine Services Forecast by Regions
10.2.1 Global Gas Turbine Services Forecast by Regions (2018-2023)
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 (2016-2018)
11.1.4 Main Business Overview
11.1.5 General Electric News
11.2 Siemens
11.2.1 Company Details
11.2.2 Gas Turbine Services Product Offered
11.2.3 Siemens Gas Turbine Services Revenue, Gross Margin and Market Share (2016-2018)
11.2.4 Main Business Overview
11.2.5 Siemens News
11.3 Mitsubishi Hitachi Power Systems
11.3.1 Company Details
11.3.2 Gas Turbine Services Product Offered
11.3.3 Mitsubishi Hitachi Power Systems Gas Turbine Services Revenue, Gross Margin and Market Share (2016-2018)
11.3.4 Main Business Overview
11.3.5 Mitsubishi Hitachi Power Systems 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 (2016-2018)
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 (2016-2018)
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 (2016-2018)
11.6.4 Main Business Overview
11.6.5 Solar Turbines News
11.7 Ansaldo Energia
11.7.1 Company Details
11.7.2 Gas Turbine Services Product Offered
11.7.3 Ansaldo Energia Gas Turbine Services Revenue, Gross Margin and Market Share (2016-2018)
11.7.4 Main Business Overview
11.7.5 Ansaldo Energia News
11.8 MTU Aero Engines
11.8.1 Company Details
11.8.2 Gas Turbine Services Product Offered
11.8.3 MTU Aero Engines Gas Turbine Services Revenue, Gross Margin and Market Share (2016-2018)
11.8.4 Main Business Overview
11.8.5 MTU Aero Engines 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 (2016-2018)
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 (2016-2018)
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

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 2013 to 2017, and forecast to 2023.
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.
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