A gas turbine, also called a combustion turbine, is a type of internal combustion engine. It has an upstream rotating compressor coupled to a downstream turbine, and a combustion chamber or area, called a combustor, in between.
This report aims to provide a comprehensive presentation of the global market for Gas Turbine Services, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Gas Turbine Services. This report contains market size and forecasts of Gas Turbine Services in global, including the following market information:
Global Gas Turbine Services Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global top five companies in 2022 (%)
The global Gas Turbine Services market was valued at US$ 20020 million in 2022 and is projected to reach US$ 26050 million by 2029, at a CAGR of 3.8% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
General Electric, Mitsubishi Hitachi Power Systems and Siemens are the leaders of the Gas Turbine Services industry, which take about 60% market share. America is the major region of the global market, which takes about 30% market share.
We surveyed the Gas Turbine Services companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Gas Turbine Services Market, by Type, 2018-2023, 2024-2029 ($ millions)
Global Gas Turbine Services Market Segment Percentages, by Type, 2022 (%)
Heavy Duty Services
Aero-Derivative Services
Global Gas Turbine Services Market, by Application, 2018-2023, 2024-2029 ($ millions)
Global Gas Turbine Services Market Segment Percentages, by Application, 2022 (%)
Power Generation
Oil & Gas
Others
Global Gas Turbine Services Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions)
Global Gas Turbine Services Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Gas Turbine Services revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies Gas Turbine Services revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
General Electric
Mitsubishi Hitachi Power Systems
Siemens
Wood Group
Kawasaki Heavy Industries
Solar Turbines
MTU Aero Engines
Ansaldo Energia
Sulzer
MAN Diesel & Turbo
MJB International
Proenergy Services
Outline of Major Chapters:
Chapter 1: Introduces the definition of Gas Turbine Services, market overview.
Chapter 2: Global Gas Turbine Services market size in revenue.
Chapter 3: Detailed analysis of Gas Turbine Services company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Gas Turbine Services in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.
TABLE OF CONTENTS
1 Introduction to Research & Analysis Reports
1.1 Gas Turbine Services Market Definition
1.2 Market Segments
1.2.1 Market by Type
1.2.2 Market by Application
1.3 Global Gas Turbine Services Market Overview
1.4 Features & Benefits of This Report
1.5 Methodology & Sources of Information
1.5.1 Research Methodology
1.5.2 Research Process
1.5.3 Base Year
1.5.4 Report Assumptions & Caveats
2 Global Gas Turbine Services Overall Market Size
2.1 Global Gas Turbine Services Market Size: 2022 VS 2029
2.2 Global Gas Turbine Services Market Size, Prospects & Forecasts: 2018-2029
2.3 Key Market Trends, Opportunity, Drivers and Restraints
2.3.1 Market Opportunities & Trends
2.3.2 Market Drivers
2.3.3 Market Restraints
3 Company Landscape
3.1 Top Gas Turbine Services Players in Global Market
3.2 Top Global Gas Turbine Services Companies Ranked by Revenue
3.3 Global Gas Turbine Services Revenue by Companies
3.4 Top 3 and Top 5 Gas Turbine Services Companies in Global Market, by Revenue in 2022
3.5 Global Companies Gas Turbine Services Product Type
3.6 Tier 1, Tier 2 and Tier 3 Gas Turbine Services Players in Global Market
3.6.1 List of Global Tier 1 Gas Turbine Services Companies
3.6.2 List of Global Tier 2 and Tier 3 Gas Turbine Services Companies
4 Market Sights by Product
4.1 Overview
4.1.1 By Type - Global Gas Turbine Services Market Size Markets, 2022 & 2029
4.1.2 Heavy Duty Services
4.1.3 Aero-Derivative Services
4.2 By Type - Global Gas Turbine Services Revenue & Forecasts
4.2.1 By Type - Global Gas Turbine Services Revenue, 2018-2023
4.2.2 By Type - Global Gas Turbine Services Revenue, 2024-2029
4.2.3 By Type - Global Gas Turbine Services Revenue Market Share, 2018-2029
5 Sights by Application
5.1 Overview
5.1.1 By Application - Global Gas Turbine Services Market Size, 2022 & 2029
5.1.2 Power Generation
5.1.3 Oil & Gas
5.1.4 Others
5.2 By Application - Global Gas Turbine Services Revenue & Forecasts
5.2.1 By Application - Global Gas Turbine Services Revenue, 2018-2023
5.2.2 By Application - Global Gas Turbine Services Revenue, 2024-2029
5.2.3 By Application - Global Gas Turbine Services Revenue Market Share, 2018-2029
6 Sights by Region
6.1 By Region - Global Gas Turbine Services Market Size, 2022 & 2029
6.2 By Region - Global Gas Turbine Services Revenue & Forecasts
6.2.1 By Region - Global Gas Turbine Services Revenue, 2018-2023
6.2.2 By Region - Global Gas Turbine Services Revenue, 2024-2029
6.2.3 By Region - Global Gas Turbine Services Revenue Market Share, 2018-2029
6.3 North America
6.3.1 By Country - North America Gas Turbine Services Revenue, 2018-2029
6.3.2 US Gas Turbine Services Market Size, 2018-2029
6.3.3 Canada Gas Turbine Services Market Size, 2018-2029
6.3.4 Mexico Gas Turbine Services Market Size, 2018-2029
6.4 Europe
6.4.1 By Country - Europe Gas Turbine Services Revenue, 2018-2029
6.4.2 Germany Gas Turbine Services Market Size, 2018-2029
6.4.3 France Gas Turbine Services Market Size, 2018-2029
6.4.4 U.K. Gas Turbine Services Market Size, 2018-2029
6.4.5 Italy Gas Turbine Services Market Size, 2018-2029
6.4.6 Russia Gas Turbine Services Market Size, 2018-2029
6.4.7 Nordic Countries Gas Turbine Services Market Size, 2018-2029
6.4.8 Benelux Gas Turbine Services Market Size, 2018-2029
6.5 Asia
6.5.1 By Region - Asia Gas Turbine Services Revenue, 2018-2029
6.5.2 China Gas Turbine Services Market Size, 2018-2029
6.5.3 Japan Gas Turbine Services Market Size, 2018-2029
6.5.4 South Korea Gas Turbine Services Market Size, 2018-2029
6.5.5 Southeast Asia Gas Turbine Services Market Size, 2018-2029
6.5.6 India Gas Turbine Services Market Size, 2018-2029
6.6 South America
6.6.1 By Country - South America Gas Turbine Services Revenue, 2018-2029
6.6.2 Brazil Gas Turbine Services Market Size, 2018-2029
6.6.3 Argentina Gas Turbine Services Market Size, 2018-2029
6.7 Middle East & Africa
6.7.1 By Country - Middle East & Africa Gas Turbine Services Revenue, 2018-2029
6.7.2 Turkey Gas Turbine Services Market Size, 2018-2029
6.7.3 Israel Gas Turbine Services Market Size, 2018-2029
6.7.4 Saudi Arabia Gas Turbine Services Market Size, 2018-2029
6.7.5 UAE Gas Turbine Services Market Size, 2018-2029
7 Gas Turbine Services Companies Profiles
7.1 General Electric
7.1.1 General Electric Company Summary
7.1.2 General Electric Business Overview
7.1.3 General Electric Gas Turbine Services Major Product Offerings
7.1.4 General Electric Gas Turbine Services Revenue in Global Market (2018-2023)
7.1.5 General Electric Key News & Latest Developments
7.2 Mitsubishi Hitachi Power Systems
7.2.1 Mitsubishi Hitachi Power Systems Company Summary
7.2.2 Mitsubishi Hitachi Power Systems Business Overview
7.2.3 Mitsubishi Hitachi Power Systems Gas Turbine Services Major Product Offerings
7.2.4 Mitsubishi Hitachi Power Systems Gas Turbine Services Revenue in Global Market (2018-2023)
7.2.5 Mitsubishi Hitachi Power Systems Key News & Latest Developments
7.3 Siemens
7.3.1 Siemens Company Summary
7.3.2 Siemens Business Overview
7.3.3 Siemens Gas Turbine Services Major Product Offerings
7.3.4 Siemens Gas Turbine Services Revenue in Global Market (2018-2023)
7.3.5 Siemens Key News & Latest Developments
7.4 Wood Group
7.4.1 Wood Group Company Summary
7.4.2 Wood Group Business Overview
7.4.3 Wood Group Gas Turbine Services Major Product Offerings
7.4.4 Wood Group Gas Turbine Services Revenue in Global Market (2018-2023)
7.4.5 Wood Group Key News & Latest Developments
7.5 Kawasaki Heavy Industries
7.5.1 Kawasaki Heavy Industries Company Summary
7.5.2 Kawasaki Heavy Industries Business Overview
7.5.3 Kawasaki Heavy Industries Gas Turbine Services Major Product Offerings
7.5.4 Kawasaki Heavy Industries Gas Turbine Services Revenue in Global Market (2018-2023)
7.5.5 Kawasaki Heavy Industries Key News & Latest Developments
7.6 Solar Turbines
7.6.1 Solar Turbines Company Summary
7.6.2 Solar Turbines Business Overview
7.6.3 Solar Turbines Gas Turbine Services Major Product Offerings
7.6.4 Solar Turbines Gas Turbine Services Revenue in Global Market (2018-2023)
7.6.5 Solar Turbines Key News & Latest Developments
7.7 MTU Aero Engines
7.7.1 MTU Aero Engines Company Summary
7.7.2 MTU Aero Engines Business Overview
7.7.3 MTU Aero Engines Gas Turbine Services Major Product Offerings
7.7.4 MTU Aero Engines Gas Turbine Services Revenue in Global Market (2018-2023)
7.7.5 MTU Aero Engines Key News & Latest Developments
7.8 Ansaldo Energia
7.8.1 Ansaldo Energia Company Summary
7.8.2 Ansaldo Energia Business Overview
7.8.3 Ansaldo Energia Gas Turbine Services Major Product Offerings
7.8.4 Ansaldo Energia Gas Turbine Services Revenue in Global Market (2018-2023)
7.8.5 Ansaldo Energia Key News & Latest Developments
7.9 Sulzer
7.9.1 Sulzer Company Summary
7.9.2 Sulzer Business Overview
7.9.3 Sulzer Gas Turbine Services Major Product Offerings
7.9.4 Sulzer Gas Turbine Services Revenue in Global Market (2018-2023)
7.9.5 Sulzer Key News & Latest Developments
7.10 MAN Diesel & Turbo
7.10.1 MAN Diesel & Turbo Company Summary
7.10.2 MAN Diesel & Turbo Business Overview
7.10.3 MAN Diesel & Turbo Gas Turbine Services Major Product Offerings
7.10.4 MAN Diesel & Turbo Gas Turbine Services Revenue in Global Market (2018-2023)
7.10.5 MAN Diesel & Turbo Key News & Latest Developments
7.11 MJB International
7.11.1 MJB International Company Summary
7.11.2 MJB International Business Overview
7.11.3 MJB International Gas Turbine Services Major Product Offerings
7.11.4 MJB International Gas Turbine Services Revenue in Global Market (2018-2023)
7.11.5 MJB International Key News & Latest Developments
7.12 Proenergy Services
7.12.1 Proenergy Services Company Summary
7.12.2 Proenergy Services Business Overview
7.12.3 Proenergy Services Gas Turbine Services Major Product Offerings
7.12.4 Proenergy Services Gas Turbine Services Revenue in Global Market (2018-2023)
7.12.5 Proenergy Services Key News & Latest Developments
8 Conclusion
9 Appendix
9.1 Note
9.2 Examples of Clients
9.3 Disclaimer
LIST OF TABLES & FIGURES
List of Tables
Table 1. Gas Turbine Services Market Opportunities & Trends in Global Market
Table 2. Gas Turbine Services Market Drivers in Global Market
Table 3. Gas Turbine Services Market Restraints in Global Market
Table 4. Key Players of Gas Turbine Services in Global Market
Table 5. Top Gas Turbine Services Players in Global Market, Ranking by Revenue (2022)
Table 6. Global Gas Turbine Services Revenue by Companies, (US$, Mn), 2018-2023
Table 7. Global Gas Turbine Services Revenue Share by Companies, 2018-2023
Table 8. Global Companies Gas Turbine Services Product Type
Table 9. List of Global Tier 1 Gas Turbine Services Companies, Revenue (US$, Mn) in 2022 and Market Share
Table 10. List of Global Tier 2 and Tier 3 Gas Turbine Services Companies, Revenue (US$, Mn) in 2022 and Market Share
Table 11. By Type ? Global Gas Turbine Services Revenue, (US$, Mn), 2022 & 2029
Table 12. By Type - Gas Turbine Services Revenue in Global (US$, Mn), 2018-2023
Table 13. By Type - Gas Turbine Services Revenue in Global (US$, Mn), 2024-2029
Table 14. By Application ? Global Gas Turbine Services Revenue, (US$, Mn), 2022 & 2029
Table 15. By Application - Gas Turbine Services Revenue in Global (US$, Mn), 2018-2023
Table 16. By Application - Gas Turbine Services Revenue in Global (US$, Mn), 2024-2029
Table 17. By Region ? Global Gas Turbine Services Revenue, (US$, Mn), 2022 & 2029
Table 18. By Region - Global Gas Turbine Services Revenue (US$, Mn), 2018-2023
Table 19. By Region - Global Gas Turbine Services Revenue (US$, Mn), 2024-2029
Table 20. By Country - North America Gas Turbine Services Revenue, (US$, Mn), 2018-2023
Table 21. By Country - North America Gas Turbine Services Revenue, (US$, Mn), 2024-2029
Table 22. By Country - Europe Gas Turbine Services Revenue, (US$, Mn), 2018-2023
Table 23. By Country - Europe Gas Turbine Services Revenue, (US$, Mn), 2024-2029
Table 24. By Region - Asia Gas Turbine Services Revenue, (US$, Mn), 2018-2023
Table 25. By Region - Asia Gas Turbine Services Revenue, (US$, Mn), 2024-2029
Table 26. By Country - South America Gas Turbine Services Revenue, (US$, Mn), 2018-2023
Table 27. By Country - South America Gas Turbine Services Revenue, (US$, Mn), 2024-2029
Table 28. By Country - Middle East & Africa Gas Turbine Services Revenue, (US$, Mn), 2018-2023
Table 29. By Country - Middle East & Africa Gas Turbine Services Revenue, (US$, Mn), 2024-2029
Table 30. General Electric Company Summary
Table 31. General Electric Gas Turbine Services Product Offerings
Table 32. General Electric Gas Turbine Services Revenue (US$, Mn) & (2018-2023)
Table 33. General Electric Key News & Latest Developments
Table 34. Mitsubishi Hitachi Power Systems Company Summary
Table 35. Mitsubishi Hitachi Power Systems Gas Turbine Services Product Offerings
Table 36. Mitsubishi Hitachi Power Systems Gas Turbine Services Revenue (US$, Mn) & (2018-2023)
Table 37. Mitsubishi Hitachi Power Systems Key News & Latest Developments
Table 38. Siemens Company Summary
Table 39. Siemens Gas Turbine Services Product Offerings
Table 40. Siemens Gas Turbine Services Revenue (US$, Mn) & (2018-2023)
Table 41. Siemens Key News & Latest Developments
Table 42. Wood Group Company Summary
Table 43. Wood Group Gas Turbine Services Product Offerings
Table 44. Wood Group Gas Turbine Services Revenue (US$, Mn) & (2018-2023)
Table 45. Wood Group Key News & Latest Developments
Table 46. Kawasaki Heavy Industries Company Summary
Table 47. Kawasaki Heavy Industries Gas Turbine Services Product Offerings
Table 48. Kawasaki Heavy Industries Gas Turbine Services Revenue (US$, Mn) & (2018-2023)
Table 49. Kawasaki Heavy Industries Key News & Latest Developments
Table 50. Solar Turbines Company Summary
Table 51. Solar Turbines Gas Turbine Services Product Offerings
Table 52. Solar Turbines Gas Turbine Services Revenue (US$, Mn) & (2018-2023)
Table 53. Solar Turbines Key News & Latest Developments
Table 54. MTU Aero Engines Company Summary
Table 55. MTU Aero Engines Gas Turbine Services Product Offerings
Table 56. MTU Aero Engines Gas Turbine Services Revenue (US$, Mn) & (2018-2023)
Table 57. MTU Aero Engines Key News & Latest Developments
Table 58. Ansaldo Energia Company Summary
Table 59. Ansaldo Energia Gas Turbine Services Product Offerings
Table 60. Ansaldo Energia Gas Turbine Services Revenue (US$, Mn) & (2018-2023)
Table 61. Ansaldo Energia Key News & Latest Developments
Table 62. Sulzer Company Summary
Table 63. Sulzer Gas Turbine Services Product Offerings
Table 64. Sulzer Gas Turbine Services Revenue (US$, Mn) & (2018-2023)
Table 65. Sulzer Key News & Latest Developments
Table 66. MAN Diesel & Turbo Company Summary
Table 67. MAN Diesel & Turbo Gas Turbine Services Product Offerings
Table 68. MAN Diesel & Turbo Gas Turbine Services Revenue (US$, Mn) & (2018-2023)
Table 69. MAN Diesel & Turbo Key News & Latest Developments
Table 70. MJB International Company Summary
Table 71. MJB International Gas Turbine Services Product Offerings
Table 72. MJB International Gas Turbine Services Revenue (US$, Mn) & (2018-2023)
Table 73. MJB International Key News & Latest Developments
Table 74. Proenergy Services Company Summary
Table 75. Proenergy Services Gas Turbine Services Product Offerings
Table 76. Proenergy Services Gas Turbine Services Revenue (US$, Mn) & (2018-2023)
Table 77. Proenergy Services Key News & Latest Developments
List of Figures
Figure 1. Gas Turbine Services Segment by Type in 2022
Figure 2. Gas Turbine Services Segment by Application in 2022
Figure 3. Global Gas Turbine Services Market Overview: 2022
Figure 4. Key Caveats
Figure 5. Global Gas Turbine Services Market Size: 2022 VS 2029 (US$, Mn)
Figure 6. Global Gas Turbine Services Revenue, 2018-2029 (US$, Mn)
Figure 7. The Top 3 and 5 Players Market Share by Gas Turbine Services Revenue in 2022
Figure 8. By Type - Global Gas Turbine Services Revenue Market Share, 2018-2029
Figure 9. By Application - Global Gas Turbine Services Revenue Market Share, 2018-2029
Figure 10. By Type - Global Gas Turbine Services Revenue, (US$, Mn), 2022 & 2029
Figure 11. By Type - Global Gas Turbine Services Revenue Market Share, 2018-2029
Figure 12. By Application - Global Gas Turbine Services Revenue, (US$, Mn), 2022 & 2029
Figure 13. By Application - Global Gas Turbine Services Revenue Market Share, 2018-2029
Figure 14. By Region - Global Gas Turbine Services Revenue Market Share, 2018-2029
Figure 15. By Country - North America Gas Turbine Services Revenue Market Share, 2018-2029
Figure 16. US Gas Turbine Services Revenue, (US$, Mn), 2018-2029
Figure 17. Canada Gas Turbine Services Revenue, (US$, Mn), 2018-2029
Figure 18. Mexico Gas Turbine Services Revenue, (US$, Mn), 2018-2029
Figure 19. By Country - Europe Gas Turbine Services Revenue Market Share, 2018-2029
Figure 20. Germany Gas Turbine Services Revenue, (US$, Mn), 2018-2029
Figure 21. France Gas Turbine Services Revenue, (US$, Mn), 2018-2029
Figure 22. U.K. Gas Turbine Services Revenue, (US$, Mn), 2018-2029
Figure 23. Italy Gas Turbine Services Revenue, (US$, Mn), 2018-2029
Figure 24. Russia Gas Turbine Services Revenue, (US$, Mn), 2018-2029
Figure 25. Nordic Countries Gas Turbine Services Revenue, (US$, Mn), 2018-2029
Figure 26. Benelux Gas Turbine Services Revenue, (US$, Mn), 2018-2029
Figure 27. By Region - Asia Gas Turbine Services Revenue Market Share, 2018-2029
Figure 28. China Gas Turbine Services Revenue, (US$, Mn), 2018-2029
Figure 29. Japan Gas Turbine Services Revenue, (US$, Mn), 2018-2029
Figure 30. South Korea Gas Turbine Services Revenue, (US$, Mn), 2018-2029
Figure 31. Southeast Asia Gas Turbine Services Revenue, (US$, Mn), 2018-2029
Figure 32. India Gas Turbine Services Revenue, (US$, Mn), 2018-2029
Figure 33. By Country - South America Gas Turbine Services Revenue Market Share, 2018-2029
Figure 34. Brazil Gas Turbine Services Revenue, (US$, Mn), 2018-2029
Figure 35. Argentina Gas Turbine Services Revenue, (US$, Mn), 2018-2029
Figure 36. By Country - Middle East & Africa Gas Turbine Services Revenue Market Share, 2018-2029
Figure 37. Turkey Gas Turbine Services Revenue, (US$, Mn), 2018-2029
Figure 38. Israel Gas Turbine Services Revenue, (US$, Mn), 2018-2029
Figure 39. Saudi Arabia Gas Turbine Services Revenue, (US$, Mn), 2018-2029
Figure 40. UAE Gas Turbine Services Revenue, (US$, Mn), 2018-2029
Figure 41. General Electric Gas Turbine Services Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 42. Mitsubishi Hitachi Power Systems Gas Turbine Services Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 43. Siemens Gas Turbine Services Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 44. Wood Group Gas Turbine Services Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 45. Kawasaki Heavy Industries Gas Turbine Services Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 46. Solar Turbines Gas Turbine Services Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 47. MTU Aero Engines Gas Turbine Services Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 48. Ansaldo Energia Gas Turbine Services Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 49. Sulzer Gas Turbine Services Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 50. MAN Diesel & Turbo Gas Turbine Services Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 51. MJB International Gas Turbine Services Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 52. Proenergy Services Gas Turbine Services Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
