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

Request Brochure Request Discount

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

Wind Turbine Operations & Maintenance Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2024

Price : $ 3999.00 | Report Code: ZMR-3357 | Report Format:

Global Wind Turbine Operations Maintenance Market: Overview Wind turbine operations and maintenance (OM) represents a growing segment and business opportunity in the wind energy industry in coming years. Wind turbine operations and maintenance mainly involve troubleshooting, repair, operation, ...Read More

Biomass Boiler Market by Feedstock Type (Woody Biomass, Agriculture & Forest Residues, Biogas & Energy Crops, and Urban Residues), by Product Type (Stoker Boilers, Bubbling Fluidized Bed (BFB) Boilers, and Circulating Fluidized Bed (CFB) Boilers), and by Application (Industrial, Commercial, and Residential): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2017 - 2024

Aug-2018 | Price : $ 4899.00 | Pages: 110 | Report Code: ZMR-3301 | Report Format:

The report covers forecast and analysis for the biomass boiler market on a global and regional level. The study provides historical data from 2015 to 2017 along with a forecast from 2018 to 2024 based on revenue (USD Million). The study includes drivers and restraints for the biomass boiler market...Read More

Liquefied Petroleum Gas (LPG) Market by Source (Refinery, Associated Gas, and Non-Associated Gas), by End-User (Residential/Commercial, Petrochemical and Refinery, Industrial, and Transportation): Global Industry Perspective, Comprehensive Analysis and Forecast, 2017- 2024

Aug-2018 | Price : $ 4899.00 | Pages: 110 | Report Code: ZMR-3272 | Report Format:

The report covers forecast and analysis for the liquefied petroleum gas market on a global and regional level. The study provides historical data from 2016 to 2017 along with a forecast from 2018 to 2024 based on revenue (USD Billion). The study includes drivers and restraints for the liquefied pe...Read More

Generator Market by Fuel Type (Gasoline, Diesel, LPG, Natural Gas, and Others); by Power Rating (Up to 5 KVA, 5 to 10 KVA, 10 to 15 KVA, and 15 to 20 KVA); by Generator Type (Portable and Stationary); and by End-user (Industrial, Telecom, Residential, and Commercial): Global Industry Perspective, Comprehensive Analysis and Forecast, 2017 - 2024

Aug-2018 | Price : $ 4899.00 | Pages: 130 | Report Code: ZMR-3264 | Report Format:

The report covers forecast and analysis for the generator market on a global and regional level and country level. The study provides historical data from 2015 to 2017 along with a forecast from 2018 to 2024 based on both volume (Units) and revenue (USD billion). The study includes drivers and res...Read More

Petroleum Coke Market by Product (Calcined Coke and Fuel Grade Coke), and by End-User (Calcining, Power Plants, Cement Kilns, and Blast Furnace): Global Industry Perspective, Comprehensive Analysis and Forecast, 2017 - 2024

Aug-2018 | Price : $ 4899.00 | Pages: 110 | Report Code: ZMR-3258 | Report Format:

The report covers forecast and analysis for the petroleum coke market on a global and regional level. The study provides historical data from 2015 to 2017 along with a forecast from 2018 to 2024 based on revenue (USD Billion). The study includes drivers and restraints for the petroleum coke market...Read More

Download Brochure
Why Choose Us ?

24/5 Research support

Resolved your research queries from industry expert. Request for a free research sample before report purchase.

Custom research service

Ask the Analyst to customize an exclusive study to serve your research needs.

Quality & Accuracy

Zion Market Research reports offers best quality reports based on various authentic and accurate data findings.

Customer Satisfaction

We ensure that our client's all research needs are met with customized, in-depth analysis solutions.

Information security

We never share your personal and confidential information. Your personal information is safe and secure with us.