Press release
Gas Turbine MRO Market Size Share Trends - 2023-2023
Gas Turbine MRO Market-DataM Intelligence
Gas turbine is a combustion turbine that can convert natural gas and other liquid fuels to mechanical energy or electrical energy. The gas turbine heats a mixture of air and fuel at high temperatures, making the turbine blades to spin. The spinning turbine drives a generator that turns the mechanical energy into electricity. The gas turbine is used in industries for power generation and mechanical drive applications, the turbines are also used in oil and gas for compressors to inject gas into the wells to force oil up via another bore, or to compress the gas for transportation. And also used in marine for power generation and as an auxiliary power source in aircrafts.
Download Sample: https://www.datamintelligence.com/download-sample/gas-turbine-mro-market
Market Dynamics:
Growing number of gas turbine installations, as gas turbines have less operating cost as compare to other low-carbon emission alternatives like nuclear and renewable energy, this has driven the market for global gas turbine MRO market. Preventive maintenance and predictive-maintenance help in reducing the cost of maintenance for gas turbine, this is the major reason that boosting global gas turbine MRO market globally.
Market Geographical Analysis:
The US market is experiencing growth for the establishment of small-scale turbines, with an increased focus on efficiency. By 2038, the natural gas-fired generation facilities are expected to grow by 348,000 MW of gas-fired capacity to the US grid. Asia Pacific region has shown considerable growth in gas turbine MRO market in recent years. According to the International Energy Agency (IEA), the developing regions in Asia accounted for two-thirds of the global energy growth in 2017.
Gas Turbine MRO Market Companies and Competitive landscape:
The Gas turbine MRO market is highly competitive with present of largest players globally. The increase in competitiveness for gas turbine MRO market has driven the market growth.
In October 2017, GE Power has received a contract of USD 141 million from Saudi Electricity Company (SEC) to provide maintenance, parts, and repairs services for eight GE 7F.05 gas turbines installed at Riyadh Power Plant 12 (PP12).
In August 2017, Siemens has expanded an existing service agreement with KAR Group in Iraq to provide comprehensive operations and maintenance (O&M) for two newly added SSC5-2000E power plant units at the Khormala plant in the Kurdistan region.
In July 2017, MTU Maintenance, the world's largest independent provider of maintenance services for LM series industrial gas turbines, has extended its contract with Sahacogen (Chonburi) Public Company Limited for the maintenance, repair and overhaul of its three LM6000PC gas turbines. The agreement is valued at over USD 35 million Till 2023.
Know More: https://www.datamintelligence.com/research-report/gas-turbine-mro-market
Related Reports:
Gulf of Mexico Oil and Gas Mid-Stream Market: https://www.datamintelligence.com/research-report/gulf-of-mexico-oil-and-gas-mid-stream-market
Oil and Gas EPC Market: https://www.datamintelligence.com/research-report/oil-and-gas-epc-market
Oilfield Services Market: https://www.datamintelligence.com/research-report/oilfield-services-market
Contact Us -
Company Name: DataM Intelligence
Email: info@datamintelligence.com
Phone: +1 877 441 4866
Website: https://www.datamintelligence.com
About Us -
DataM Intelligence 4Market Research is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.
Our research database features countless statistics and in-depth analyses across a wide range of 6300+ reports in 40+ domains creating business solutions for more than 200+ companies across 50+ countries; catering to the key business research needs that influence the growth trajectory of our vast clientele
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 MRO Market Size Share Trends - 2023-2023 here
News-ID: 3268531 • Views: …
More Releases from DataM Intelligence 4Market Research
Cancer Immunotherapy Market is expected to reach US$ 261.74 billion by 2033 | To …
Market Size and Growth:
The Cancer Immunotherapy Market size reached US$ 137.70 billion in 2024 and is expected to reach US$ 261.74 billion by 2033, growing at a CAGR of 7.9% during the forecast period 2025-2033.
Cancer Immunotherapy Market report, published by DataM Intelligence, provides in-depth insights and analysis on key market trends, growth opportunities, and emerging challenges. Committed to delivering actionable intelligence, DataM Intelligence empowers businesses to make informed decisions and…
Medical Tourism Market is expected to reach US$ 230.35 billion by 2033 | Top key …
Market Size and Growth:
The Global Medical Tourism Market size reached US$ 47.09 billion in 2024 and is expected to reach US$ 230.35 billion by 2033, growing at a CAGR of 19.4% during the forecast period 2025-2033.
Medical Tourism Market report, published by DataM Intelligence, provides in-depth insights and analysis on key market trends, growth opportunities, and emerging challenges. Committed to delivering actionable intelligence, DataM Intelligence empowers businesses to make informed decisions…
CAR-T Cell Therapy Market is expected to reach US$ 20.4 billion by 2033 | Top ke …
Market Size and Growth:
The Global CAR-T Cell Therapy Market reached US$ 4.8 billion in 2024 and is expected to reach US$ 20.4 billion by 2033, growing at a CAGR of 16.3% during the forecast period 2025-2033.
CAR-T Cell Therapy Market report, published by DataM Intelligence, provides in-depth insights and analysis on key market trends, growth opportunities, and emerging challenges. Committed to delivering actionable intelligence, DataM Intelligence empowers businesses to make informed…
Hepatocellular Carcinoma Treatment Market is expected to reach US$ 1,964.88 mill …
Market Size and Growth:
The Hepatocellular Carcinoma Treatment Market size reached US$ 995.63 million in 2024 and is expected to reach US$ 1,964.88 million by 2033, growing at a CAGR of 7.4% during the forecast period 2025-2033.
Hepatocellular Carcinoma Treatment Market report, published by DataM Intelligence, provides in-depth insights and analysis on key market trends, growth opportunities, and emerging challenges. Committed to delivering actionable intelligence, DataM Intelligence empowers businesses to make informed…
More Releases for MRO
Global Commercial Aero Engine MRO Market Size by Application, Type, and Geograph …
According to Market Research Intellect, the global Commercial Aero Engine MRO market under the Aerospace and Defense category is expected to register notable growth from 2025 to 2032. Key drivers such as advancing technologies, changing consumer behavior, and evolving market dynamics are poised to shape the trajectory of this market throughout the forecast period.
The global recovery of air travel and the increasing number of commercial aircraft in operation are the…
Digital MRO :- Strategic Developments & Key Insights
The Digital MRO Market is expected to register a CAGR of 10.5% from 2025 to 2031, with a market size expanding from US$ XX million in 2024 to US$ XX Million by 2031.
The report is segmented by Technology (AR and VR, Big Data and IoT, Blockchain, Digital Twin, Robotics and Drones, Others), Application (Inspection, Maintenance, Monitoring, Training, Others), End User (Commercial Airline Operator, MRO Service Provider, Others). The global analysis…
Emerging Trends Influencing The Growth Of The Air Transport MRO Market:Technolog …
The Air Transport MRO Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].
How Big Is the Air Transport MRO Market Size Expected to Be by 2034?
Recently, there has been significant growth in the air transport MRO market. It is projected to increase from $88.11 billion…
Aircraft Engine MRO Market : An Overview
Introduction:
Aircraft Engine Maintenance, Repair, and Overhaul (MRO) is a vital segment of the aviation industry, ensuring the safety, reliability, and performance of aircraft engines. This sector supports commercial, military, and general aviation fleets by offering regular maintenance, advanced diagnostics, and complete overhauls. With the global aviation industry continuously expanding, the demand for MRO services is witnessing substantial growth. Aircraft engine MRO involves activities like routine checks, component replacement, and engine…
Air Transport MRO Market Report 2024 - Air Transport MRO Market Size, Share And …
"The Business Research Company recently released a comprehensive report on the Global Air Transport MRO Market Size and Trends Analysis with Forecast 2024-2033. This latest market research report offers a wealth of valuable insights and data, including global market size, regional shares, and competitor market share. Additionally, it covers current trends, future opportunities, and essential data for success in the industry.
According to The Business Research Company's, The air transport mro…
Helicopter MRO Market 2024 - 2030
According to new research study by The Insight Partners, Helicopter MRO Market Research Report 2030 thinks about key breakdowns in the industry with insights about the market drivers and market restrictions. The report illuminates accumulating an all-encompassing rundown of factual investigation for the market scape. While setting up this expert and top to bottom statistical surveying report, client necessity has been kept into center. The report covers a few overwhelming elements encompassing…
