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

Oil Condition Monitoring Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Price : $ 3599.00 | Report Code: ZMR-2123 | Report Format:

Oil Condition Monitoring Market: Overview The testing of the oil condition monitoring is done in order to avoid the failures of the engine and the power train and to avoid the machinery that is costly. With the help of the oil condition monitoring the maintenance of the engines, machines, and ot...Read More

Oilfield Services Market (Pressure Pumping Services, Oil Country Tubular Goods, Wireline Services, Well Completion Equipment & Services, Well Intervention Services, Drilling & Completion Fluid Services, and Coiled Tubing Services) for Offshore and Onshore Applications: Global Industry Perspective, Comprehensive Analysis and Forecast, 2016 - 2022

Aug-2017 | Price : $ 4199.00 | Pages: 167 | Report Code: ZMR-2087 | Report Format:

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

Solar Panels Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Price : $ 3599.00 | Report Code: ZMR-2074 | Report Format:

Solar Panels Market: Overview The solar panel consists of a panel which is used to absorb the rays of the sun for the storage of the energy. This stored energy can be used for heating and generate electricity. As the sun is a non-conventional resource of energy thus it reduces the electricity th...Read More

Lithium Air Batteries Market By Types, Conventional Lithium Air Batteries and Nano Lithium Air Batteries for Applications: Electronics, Electric Cars, and Grid Backup): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2016 – 2022

Aug-2017 | Price : $ 4199.00 | Pages: 120 | Report Code: ZMR-2039 | Report Format:

The report covers forecast and analysis for the lithium air batteries market on a global and regional level. The study provides historic data of 2014, 2015, and 2016 along with a forecast from 2017 to 2022 based on revenue (USD million). The study includes drivers and restraints for the lithium ai...Read More

Switchgear Market (By Voltage: Low Voltage, Medium Voltage, and High Voltage; By Insulation: Air, Gas, Oil, and Vacuum; and By End Users: Utilities, Industrial, and Residential & Commercial): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2016 – 2022

Aug-2017 | Price : $ 4199.00 | Pages: 120 | Report Code: ZMR-2027 | Report Format:

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

Choose License Type:
Latest Published Reports

View All Published Reports