Gas Turbine Service Market Witness Highest Growth in near future| Leading Key Players: General Electric, Mitsubishi Hitachi Power Systems, Siemens, Wood Group

2018-2023 Global Gas Turbine Service Market Report Status and Outlook

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.

Get Sample Copy Of this report:  https://www.reportsweb.com/inquiry&RW00012219924/sample

Companies Profiled in this report includes: 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

Over the next five years, Publisher projects that Gas Turbine Service will register a 4.1% CAGR in terms of revenue, reach US$ 21000 million by 2023, from US$ 16500 million in 2017.

This report presents a comprehensive overview, market shares and growth opportunities of Gas Turbine Service market by product type, application, key companies and key regions.

To calculate the market size, Publisher 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

Other

Get Discount of this report: https://www.reportsweb.com/inquiry&RW00012219924/discount

Research objectives

To study and analyze the global Gas Turbine Service 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 Service market by identifying its various subsegments.
Focuses on the key global Gas Turbine Service 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 Service 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 Service 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 Content:

2018-2023 Global Gas Turbine Service Market Report (Status and Outlook)

1 Scope of the Report

2 Executive Summary

3 Global Gas Turbine Service by Players

4 Gas Turbine Service by Regions

5 Americas

6 APAC

7 Europe

8 Middle East & Africa

9 Market Drivers, Challenges and Trends

10 Global Gas Turbine Service Market Forecast

11 Key Players Analysis

11.1 General Electric

11.1.1 Company Details

11.1.2 Gas Turbine Service Product Offered

11.1.3 General Electric Gas Turbine Service Revenue, Gross Margin and Market Share (2016-2018)

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 Service Product Offered

11.2.3 Mitsubishi Hitachi Power Systems Gas Turbine Service Revenue, Gross Margin and Market Share (2016-2018)

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 Service Product Offered

11.3.3 Siemens Gas Turbine Service Revenue, Gross Margin and Market Share (2016-2018)

11.3.4 Main Business Overview

11.3.5 Siemens News

11.4 Wood Group

Complete Report: https://www.reportsweb.com/buy&RW00012219924/buy/4660

Contact Info:
Name: Sameer Joshi
Email: sales@reportsweb.com
Company Name: ReportsWeb
Website: Reportsweb.com

Phone: +1-646-491-9876

Request for Customization:

Any special requirements about this report, please let us know and we can provide custom report.

About ReportsWeb:                   

ReportsWeb.com is a one stop shop of Market research reports and solutions to various companies across the globe. We help our clients in their decision support system by helping them choose most relevant and cost effective research reports and solutions from various publishers. We provide best in class customer service and our customer support team is always available to help you on your research queries.

533, 5th floor, Amanora Township,
Amanora Chambers, East Block,
Kharadi Road, Hadapsar, Pune-411028

This release was published on openPR.