Gas Turbine Services Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Report Code: ZMR-1184 | Report Format : | Status : Upcoming |

Abstract

Global Gas Turbine Services Market: Overview

Gas turbines are also known as combustion engines. The internal combustion engine converts the liquid fuels or natural gas into mechanical energy which is then used to produce electricity via the generator. The gas turbines have upstream rotating compressor combined with a downstream turbine and a combustor. The gas turbines are mainly used to power trains, ships, aircraft, automobiles, tanks, and electric generators. The growing utilization of the gas turbines due to the high output propels the global gas turbine services market growth.

Global Gas Turbine Services Market: Growth Factors

The major factors expected to drive the global gas turbine services is the increasing installation of the combined cycle power plants. The rise in the gas turbine installation increases due to the high shale gas production which in turn boosts the global market. The stringent government regulatory norms regarding the emission, high labor cost, highly expensive gas turbine spare parts, and difficulty in transportation processes hinders the global gas turbine service market.

Global Gas Turbine Services Market: Segmentation

The gas turbine services market segment is bifurcated based on the service, type, service provider, and end-user industry. The type segment is divided for heavy-duty and aero-derivative. The service segment is classified into repair, overhaul, and maintenance. The service provider segment is categorized into OEM and non-OEM. The end user segment is grouped into oil and gas, power generation, and other industries. The maintenance and power generation segment is expected to dominate the global gas turbine services market.

Global Gas Turbine Services Market: Regional Analysis

North America dominates the global gas turbine services market because of the increasing fleet in the existing and aging gas turbines and also the stringent government regulatory emission norms in the regions such as the U.S. and Canada. The Middle East and Africa, especially the Middle East region, is expected to show rapid growth in the market due to the growing gas turbine installation for the combined cycle power plants. Europe proves to be a region of high potential for the market due to the increasing industrialization and urbanization in the Central and eastern European region. The rising need for power in the developing region such as Latin America, owing to the over utilization of the natural gas reserves in the region, is expected to fuel the market in the region.

Global Gas Turbine Services Market: Competitive Players

The major players in the global gas turbine services market include Ansaldo Energia S.A, Rolls-Royce plc., Sulzer AG, Siemens AG, Centrax Ltd., Hitachi Ltd., Mitsubishi Motors Corporation, EthosEnergy, and General Electric Company. The other players in the global market are HPI LLC, Ethosenergy, HPI LLC, Kawasaki Heavy Industries Ltd., MJB International, Mechanical Dynamics & Analysis, Proenergy Services LLC, Mitsubishi Hitachi Power Systems, MTU Aero Engines Ag, Solar Turbines, and Incorporated Turbine Services And Solutions LLC.

Global Gas Turbine Services Market: Regional Segment Analysis

  • North America
    • U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • Middle East and Africa

What Report Provides

  • Full in-depth analysis of the parent market
  • Important changes in market dynamics
  • Segmentation details of the market
  • Former, on-going, and projected market analysis in terms of volume and value
  • Assessment of niche industry developments
  • Market share analysis
  • Key strategies of major players
  • Emerging segments and regional markets
  • Testimonials to companies in order to fortify their foothold in the market.

Related Reports

Seismic Survey Market by Service (Data Acquisition, Data Processing and Interpretation), Technology (2D Imaging, 3D Imaging and 4D Imaging) and Region: Global Industry Perspective, Comprehensive Analysis and Forecast, 2016 – 2022

Dec-2017 | Price : $ 4199.00 | Pages: 130 | Report Code: ZMR-2503 | Report Format:

The report covers forecast and analysis for the seismic survey market on a global and regional level. The study provides historical data from 2014 to 2016 along with a forecast from 2017 to 2022 based on revenue (USD billion). The study includes drivers and restraints for the seismic survey market...Read More

Gas Engine Market (By Fuel Type: Natural Gas and Others; By End Users: Industrial, Residential, Utility, and Commercial; For Co-Generation, Mechanical Drives and Power Generation Application: Global Industrial Perspective, Comprehensive Analysis, and Forecast, 2016 – 2022

Dec-2017 | Price : $ 4199.00 | Pages: 130 | Report Code: ZMR-2502 | Report Format:

The report covers forecast and analysis for the gas engine market on a global and regional level and country level. The study provides historical data from 2014 to 2016 along with a forecast from 2017 to 2022 based on revenue (USD billion). The study includes drivers and restraints for the gas eng...Read More

Waste Heat Recovery Systems Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Price : $ 3599.00 | Report Code: ZMR-2422 | Report Format:

Waste Heat Recovery Systems Market: Overview In the industrial sectors, there is a huge amount of high energy generated during the several processes of refining; this high amount of energy can be captured and reused by the process of waste heat recovery. The various industrial sectors where this...Read More

Ozone Generators Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Price : $ 3599.00 | Report Code: ZMR-2421 | Report Format:

Ozone Generators Market: Overview The ozone generator is a device that helps in the emission of the ozone into the atmosphere. The benefits of the ozone generators are it purifies and cleans the air in the atmosphere and that too without using chemicals. It kills the bacteria, viruses, removes a...Read More

Waste Recycling Services Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Price : $ 3599.00 | Report Code: ZMR-2420 | Report Format:

Waste Recycling Services Market: Overview In the recent years, there has been a significant amount of growth in the production of the waste. Efforts are being made by several regions in order to recycle and reuse the waste materials in order to save their resources. There are many organizations ...Read More

year end sale
Choose License Type:
Latest Published Reports

View All Published Reports