Press release
United States Industrial Gas Turbine MRO Market Supports Power Generation with Predictive and Reactive Services
Industrial Gas Turbine MRO Market Size
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Latest M & A
• Flowserve Corporation acquires U.K.‐based Greenray Turbine Solutions for $72 M, expanding its industrial gas turbine aftermarket services globally.
• HEICO Corporation's Wencor Group signs agreement to acquire EthosEnergy Accessories & Components (Ethos A&C), boosting aeroderivative gas turbine repair and MRO footprint (expected Q1 FY 2026 close).
Key Players:
General Electric Co, Fluor Corporation, TGM Turbinas (now WEG SA), Wärtsilä, Siemens AG, Mechanical Dynamics & Analysis LLC, Mitsubishi Heavy Industries, Ltd, Bechtel Corporation, Wood Group PLC, Sulzer Corporation, STORK, Shanghai Electric
Key Development:
Jan 2026:
• Leading MRO providers announced adoption of AI-driven predictive maintenance tools to optimize turbine uptime.
• New lightweight turbine blade materials showcased, promising improved durability and fuel efficiency.
• Strategic collaborations formed between OEMs and independent MROs to enhance service networks globally.
Dec 2025:
• Digital twin technology increasingly integrated into turbine diagnostics, reducing downtime and operational costs.
• Expansion of MRO service centers in Asia-Pacific to meet rising energy infrastructure investments.
• Focus on green energy compatible turbine retrofits gaining momentum amid stricter emission norms.
Nov 2025:
• Advanced blade coating techniques introduced to extend turbine lifecycle under harsh operating conditions.
• Training programs ramped up globally to address skilled labor shortages in turbine MRO workforce.
• Integration of IoT sensors into turbine monitoring systems improved real-time data analytics.
• The Industrial Gas Turbine MRO industry's forward momentum underscores its critical role in supporting energy generation reliability and efficiency worldwide.
Growth Forecast Projected:
The Global Industrial Gas Turbine MRO Market is anticipated to rise at a considerable rate during the forecast period, between 2025 and 2032. In 2024, the market is growing at a steady rate, and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.
Research Process:
Both primary and secondary data sources have been used in the global Industrial Gas Turbine MRO Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.
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Key Segments:
By Service: Maintenance, Repair, Overhaul
By Engine Type: LM6000, LM6000 PC, LM6000 PG, LM6000 PF, LM6000 PF+, LM2500, LM2500 DLE, LM2500+ DLE, LM2500+G4 DLE, LM2500XPRESS +G4 DLE, TM2500, TM2500 (Dry), TM2500(Wet), LMS100, FT4000 SWIFTPAC, SWIFTPAC 70, SWIFTPAC 140, FT8 MOBILEPAC, FT8 SWIFTPAC, SWIFTPAC 30, SWIFTPAC 60, SGT-800, SGT-750, SGT-700, SGT-600, SGT-400, SGT-300, SGT-100, Others
By End-User: Frame, Aeroderivative
Regional Analysis for Market:
⇥ North America (U.S., Canada, Mexico)
⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)
⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)
⇥ South America (Colombia, Brazil, Argentina, Rest of South America)
⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)
Benefits of the Report:
Chapter 1: Lays the foundation by defining the scope of the report, highlighting core market segments across regions, product types, and applications. It delivers a clear snapshot of current market size, growth potential, and how the industry is expected to evolve in both the near and long term.
Chapter 2: Spotlights the most impactful market insights, unveiling the transformative trends and forces shaping the future of the industry.
Chapter 3: Provides a deep dive into the competitive landscape of , covering revenue shares, strategic initiatives, and notable mergers & acquisitions that are reshaping the market.
Chapter 4: Presents detailed company profiles of leading players featuring financial performance, product portfolios, profit margins, and key milestones that set them apart in the industry.
Chapters 5 & 6: Break down revenue analysis at both regional and country levels, offering precise data on market size, growth drivers, and expansion opportunities across global markets.
Chapter 7: Analyzes the market by product type, spotlighting segment-specific opportunities and helping stakeholders identify untapped, high-growth areas.
Chapter 8 :Explores the market through application-based segmentation, assessing demand across industries and pinpointing downstream sectors with the strongest potential for growth.
Chapter 9: Maps the industry's supply chain in detail, tracing upstream and downstream activities to provide clarity on value creation across the ecosystem.
Chapter 10: Wraps up with a concise summary of the report's key insights distilling the most critical findings and strategic takeaways for decision-makers and stakeholders.
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FAQ
Q: How rapidly will the Market expand?
A: The Industrial Gas Turbine MRO market is projected to grow at a CAGR of 4.0% between 2024 and 2031.
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