openPR Logo
Press release

Gas Turbine Services Market is estimated to be US$ 45.55 billion by 2030 with a CAGR of 6.10% during the forecast period With Top Most Key Players - MAN SE, EthosEnergy Proenergy Services, Caterpillar, Inc., MJB International Limited LLC, Ansaldo Energia

11-16-2022 02:52 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Prophecy Market Insights

Gas Turbine Services Market is estimated to be US$ 45.55 billion

Gas Turbine Services Market drives due to significant amount of carbon emissions from coal-based power generation, an increase in the use of low carbon emission power generation technologies such as natural gas-powered turbines. Although natural gas-powered turbines are predicted to gain popularity globally, notably in North America and Europe, growing Asian economies such as India and China continue to rely on coal-based power generation due to lower costs. This aspect is projected to impede future gas turbine sales and maintenance contracts in the region. Furthermore, limited natural gas reserves are projected to impede market expansion in the next years.

To know the upcoming trends and insights prevalent in this market, click the link below:
https://www.prophecymarketinsights.com/market_insight/Global-Gas-Turbine-Services-Market-1198

Region Analysis:
In 2020, Asia Pacific overtook Europe as the largest market for gas turbine services. The demand for these services in China, Japan, Indonesia, and India is driving the regional market, owing to rapid urbanisation and an expanding middle-class population. Furthermore, increased demand in these countries for sustainable energy sources for power generation is likely to fuel regional market expansion. China has relied significantly on coal. However, coal usage in this region fell from 2013 to 2016, as the Chinese government implemented a nationwide action plan to slow the rise of coal consumption and decrease overall emissions. This contributed to China's gradual increase in gas turbine installations, particularly in medium- and large-scale businesses.

Key Highlight:
• In 2020, Odysea, a Greek and Mediterranean luxury food producer, is expanding its product line with a new line of premium extra virgin olive oils. Odysea Greek Kalamata PDO Extra Virgin Olive Oil is made from polyphenol-rich olives grown in Messinia's gardens near Mount Taygetus in the Kalamata region. This region is renowned for producing high-quality olive oil and has been granted PDO designation.

Click To Get Sample Report:-
https://www.prophecymarketinsights.com/market_insight/Insight/request-sample/1198

Segments Covered in the Report:
Gas Turbine Services Market, By Type:
• Heavy Duty
• Aero Derivative
Gas Turbine Services Market, By Service:
• Maintenance
• Repair
• Overhaul

Key Market Insights from the report:
Global Gas Turbine Services Market accounted for US$ 25.3 billion in 2020 and is estimated to be US$ 45.55 billion by 2030 and is anticipated to register a CAGR of 6.10%. The global gas turbine services market report segments the market on the basis of type, service, end user, and region.
• Based on Type, Global Gas Turbine Services Market is segmented into Heavy Duty and Aero derivative.
• Based on Service, Global Gas Turbine Services Market is segmented into Maintenance, Repair and Overhual.
• Based on End-User, Global Gas Turbine Services Market is segmented into Power Gebneration and Oil & Gas
• By Region, the Global Gas Turbine Services Market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
Competitive Landscape & their strategies of Global Gas Turbine Services Market:
The key players operating in the Global Gas Turbine Services Market includes MAN SE, EthosEnergy Proenergy Services, Caterpillar, Inc., MJB International Limited LLC, Ansaldo Energia SpA, Sulzer Ltd., Mitsubishi Heavy Industries, Ltd., BHI Energy LLC and General Electric Company.

Other Related Reports:-

https://www.prophecymarketinsights.com/market_insight/-Business-Process-Management-Market-453

https://www.prophecymarketinsights.com/market_insight/-Facility-Management-Market-By-340

https://www.prophecymarketinsights.com/market_insight/-Drip-Irrigation-Market-By-903

964 E. BadilloStreet #2042 Covina, CA 91724
US toll free: +1 860 531 2701
Rest of world: + 91 7775049802
Email:sales@prophecymarketinsights.com
Website:www.prophecymarketinsights.com

About Us:Prophecy is a specialized market research, analytics, marketing and business strategy, and solutions company that offer strategic and tactical support to clients for making well-informed business decisions and to identify and achieve high value opportunities in the target business area. Also, we help our client to address business challenges and provide best possible solutions to overcome them and transform their business.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Gas Turbine Services Market is estimated to be US$ 45.55 billion by 2030 with a CAGR of 6.10% during the forecast period With Top Most Key Players - MAN SE, EthosEnergy Proenergy Services, Caterpillar, Inc., MJB International Limited LLC, Ansaldo Energia here

News-ID: 2809335 • Views:

More Releases from Prophecy Market Insights

Power Purchase Agreement (PPA) Market Poised for Strong Growth Amid Rising Renewable Energy Adoption
Power Purchase Agreement (PPA) Market Poised for Strong Growth Amid Rising Renew …
Author: Shweta R., Business Development Specialist | Prophecy Market Insights Introduction The Power Purchase Agreement (PPA) Market is experiencing remarkable momentum, driven by the global transition toward renewable energy, carbon reduction targets, and rising demand for cost-effective electricity procurement models. PPAs-long-term contracts between electricity producers and buyers-are becoming a critical mechanism for corporations, utilities, and governments to achieve energy security, price stability, and sustainability commitments. With the accelerating deployment of solar, wind, and
Nutraceutical Packaging Market to Witness Robust Growth Amid Rising Health and Wellness Trends
Nutraceutical Packaging Market to Witness Robust Growth Amid Rising Health and W …
Author: Shweta R., Business Development Specialist | Prophecy Market Insights Introduction The Nutraceutical Packaging Market is witnessing significant growth, fueled by rising consumer awareness around health, nutrition, and preventive healthcare. Nutraceuticals-ranging from dietary supplements and functional foods to vitamins, minerals, and herbal products-require specialized packaging that ensures shelf life, product integrity, safety, and consumer appeal. With increasing demand for convenient, eco-friendly, and innovative packaging solutions, companies are investing in advanced materials, smart labeling,
Japan Regulatory Affairs Outsourcing Market Set to Reach USD 0.4 Billion by 2035 at 7.71% CAGR
Japan Regulatory Affairs Outsourcing Market Set to Reach USD 0.4 Billion by 2035 …
Pune, India - September 5, 2025 - The Japan Regulatory Affairs Outsourcing Market is witnessing steady growth as pharmaceutical, biotechnology, and medical device companies increasingly rely on external partners for regulatory compliance. By 2035, the market is projected to reach USD 0.4 billion, rising from USD 0.3 billion in 2025, expanding at a CAGR of 7.71% during the forecast period. Get a Sample Copy of Report :- https://www.prophecymarketinsights.com/market_insight/Insight/request-sample/5849 This growing demand underscores
Europe Regulatory Affairs Outsourcing Market to Reach USD 4.2 Billion by 2035, Driven by Rising Demand for Compliance Expertise
Europe Regulatory Affairs Outsourcing Market to Reach USD 4.2 Billion by 2035, D …
Pune, India - September 2, 2025 - The Europe Regulatory Affairs Outsourcing Market is experiencing steady growth as pharmaceutical, biotechnology, and medical device companies increasingly rely on specialized partners for regulatory compliance. According to recent analysis, the market size was valued at USD 2.0 billion in 2025 and is projected to expand to USD 4.2 billion by 2035, registering a CAGR of 7.70% during the forecast period. Get Sample Copy of

All 4 Releases


More Releases for Gas

City Gas Distribution Market 2022 key developmental strategies implemented by th …
The City Gas Distribution report is an in-depth examination of the global City Gas Distribution's general consumption structure, development trends, sales techniques, and top nations' sales. The research looks at well-known providers in the global City Gas Distribution industry, as well as market segmentation, competition, and the macroeconomic climate. A complete City Gas Distribution analysis takes into account a number of aspects, including a country's population and business cycles, as
Know about City Gas Distribution Market Growth with Top Companies details like: …
The City Gas Distribution Market 2020-2024 Report involve of strong research on global City Gas Distribution industry which enables the customer to look at the possible requirement as well as prediction. The constraints and drivers are assembled after a significant study of the global City Gas Distribution market's proficiency. The development ratio which is expected in perspective of the rational analysis provides thorough information of the worldwide City Gas Distribution
City Gas Distribution Market 2019: Top Companies- Gujarat Gas, Indraprastha Gas, …
A network that deliver the gas in the city. Growth in the market is anticipated on account of increasing natural gas demand from domestic, commercial, industrial as well as automotive end user segments. Get Sample Copy of This Report at https://www.orianresearch.com/request-sample/1011059 City Gas Distribution Industry 2019 Global Market research report provides a detailed analysis of market growth factors, industry share, regional trends, size and Forecast till 2025. This report
City Gas Distribution Market Exploring Future Growth 2019-2023 and Key Players - …
Global City Gas Distribution Market Research Report consists of all the significant data related to the global market. The report presents a comprehensive analysis of the various industry growth factors, including the market trends, dynamics, estimates, production and consumption ratio, industry development factors, size, share, supply and demand, forecast trends, sales, as well as several other factors. The report has been generated leveraging a blend of the primary and secondary
Global City Gas Distribution Market 2018: Key Players – Gujarat Gas, Indrapras …
Summary WiseGuyReports.com adds “City Gas Distribution Market 2018 Global Analysis, Growth, Trends and Opportunities Research Report Forecasting to 2023” reports to its database. This report provides in depth study of “City Gas Distribution Market” using SWOT analysis i.e. Strength, Weakness, Opportunities and Threat to the organization. The City Gas Distribution Market report also provides an in-depth survey of key players in the market which is based on the various objectives of an
City Gas Distribution Market Latest Technology Trends 2018 | Growth by Top Compa …
A network that deliver the gas in the city. Growth in the market is anticipated on account of increasing natural gas demand from domestic, commercial, industrial as well as automotive end user segments. The report Global City Gas Distribution Market 2018 focuses on fundamental know-how of City Gas Distribution segment. The report provides comprehensive study and vivid description of drivers, limitations, openings, request factors, market size, conjectures, and patterns in the Worldwide