Gas Turbine Services Market to 2018-2025: General Electric, Siemens, Wood Group, Solar Turbines, Ansaldo Energia, MTU Aero Engines, Sulzer

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This report focuses on the global Gas Turbine Services status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Gas Turbine Services development in United States, Europe and China.

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.
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.
In 2017, the global Gas Turbine Services market size was 15700 million US$ and it is expected to reach 21500 million US$ by the end of 2025, with a CAGR of 4.0% during 2018-2025.

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The key players covered in this study
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

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
Others

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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 Services status, future forecast, growth opportunity, key market and key players.
To present the Gas Turbine Services 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.

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In this study, the years considered to estimate the market size of Gas Turbine Services are as follows:
History Year: 2013-2017
Base Year: 2017
Estimated Year: 2018
Forecast Year 2018 to 2025
For the data information by region, company, type and application, 2017 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.

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