Global Gas Turbine Service Supply, Demand and Key Producers, 2024-2030
Page: 138
Published Date: 10 Feb 2024
Category: Energy & Power
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Description
Table of Contents
Table of Figures
Research Methodology
Companies Mentioned
Related Reports
Product Tags
Table of Contents
Table of Figures
Research Methodology
Companies Mentioned
Related Reports
Product Tags
Description
The global Gas Turbine Service market size is expected to reach $ 26050 million by 2030, rising at a market growth of 3.8% CAGR during the forecast period (2024-2030).
Global Gas Turbine Service key players include General Electric, Mitsubishi Hitachi Power Systems, Siemens, etc. Global top three manufacturers hold a share over 60%.
Middle East is the largest market, with a share over 30%, followed by Europe and United States, have a share over 40 percent.
In terms of product, Heavy Duty Services is the largest segment, with a share about 75%. And in terms of application, the largest application is Power Generation, followed by Oil & Gas, etc.
In this report, we study the services for gas turbine. Stringent emission regulations for gas turbines and upgradation of aging fleet of gas turbine drive the market for gas turbine Services.
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 studies the global Gas Turbine Service demand, key companies, and key regions.
This report is a detailed and comprehensive analysis of the world market for Gas Turbine Service, and provides market size (US$ million) and Year-over-Year (YoY) growth, considering 2023 as the base year. This report explores demand trends and competition, as well as details the characteristics of Gas Turbine Service that contribute to its increasing demand across many markets.
Highlights and key features of the study
Global Gas Turbine Service total market, 2019-2030, (USD Million)
Global Gas Turbine Service total market by region & country, CAGR, 2019-2030, (USD Million)
U.S. VS China: Gas Turbine Service total market, key domestic companies and share, (USD Million)
Global Gas Turbine Service revenue by player and market share 2019-2024, (USD Million)
Global Gas Turbine Service total market by Type, CAGR, 2019-2030, (USD Million)
Global Gas Turbine Service total market by Application, CAGR, 2019-2030, (USD Million).
This reports profiles major players in the global Gas Turbine Service market based on the following parameters – company overview, revenue, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include General Electric, Mitsubishi Hitachi Power Systems, Siemens, Wood Group, Kawasaki Heavy Industries, Solar Turbines, MTU Aero Engines, Ansaldo Energia and Sulzer, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World Gas Turbine Service market.
Detailed Segmentation:
Each section contains quantitative market data including market by value (US$ Millions), by player, by regions, by Type, and by Application. Data is given for the years 2019-2030 by year with 2023 as the base year, 2024 as the estimate year, and 2025-2030 as the forecast year.
Global Gas Turbine Service Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World
Global Gas Turbine Service Market, Segmentation by Type
Heavy Duty Services
Aero-Derivative Services
Global Gas Turbine Service Market, Segmentation by Application
Power Generation
Oil & Gas
Other
Companies Profiled:
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
Key Questions Answered
1. How big is the global Gas Turbine Service market?
2. What is the demand of the global Gas Turbine Service market?
3. What is the year over year growth of the global Gas Turbine Service market?
4. What is the total value of the global Gas Turbine Service market?
5. Who are the major players in the global Gas Turbine Service market?
Table of Contents
1 Supply Summary
1.1 Gas Turbine Service Introduction
1.2 World Gas Turbine Service Market Size & Forecast (2019 & 2023 & 2030)
1.3 World Gas Turbine Service Total Market by Region (by Headquarter Location)
1.3.1 World Gas Turbine Service Market Size by Region (2019-2030), (by Headquarter Location)
1.3.2 United States Gas Turbine Service Market Size (2019-2030)
1.3.3 China Gas Turbine Service Market Size (2019-2030)
1.3.4 Europe Gas Turbine Service Market Size (2019-2030)
1.3.5 Japan Gas Turbine Service Market Size (2019-2030)
1.3.6 South Korea Gas Turbine Service Market Size (2019-2030)
1.3.7 ASEAN Gas Turbine Service Market Size (2019-2030)
1.3.8 India Gas Turbine Service Market Size (2019-2030)
1.4 Market Drivers, Restraints and Trends
1.4.1 Gas Turbine Service Market Drivers
1.4.2 Factors Affecting Demand
1.4.3 Gas Turbine Service Major Market Trends
2.1 World Gas Turbine Service Consumption Value (2019-2030)
2.2 World Gas Turbine Service Consumption Value by Region
2.2.1 World Gas Turbine Service Consumption Value by Region (2019-2024)
2.2.2 World Gas Turbine Service Consumption Value Forecast by Region (2025-2030)
2.3 United States Gas Turbine Service Consumption Value (2019-2030)
2.4 China Gas Turbine Service Consumption Value (2019-2030)
2.5 Europe Gas Turbine Service Consumption Value (2019-2030)
2.6 Japan Gas Turbine Service Consumption Value (2019-2030)
2.7 South Korea Gas Turbine Service Consumption Value (2019-2030)
2.8 ASEAN Gas Turbine Service Consumption Value (2019-2030)
2.9 India Gas Turbine Service Consumption Value (2019-2030)
3.1 World Gas Turbine Service Revenue by Player (2019-2024)
3.2 Industry Rank and Concentration Rate (CR)
3.2.1 Global Gas Turbine Service Industry Rank of Major Players
3.2.2 Global Concentration Ratios (CR4) for Gas Turbine Service in 2023
3.2.3 Global Concentration Ratios (CR8) for Gas Turbine Service in 2023
3.3 Gas Turbine Service Company Evaluation Quadrant
3.4 Gas Turbine Service Market: Overall Company Footprint Analysis
3.4.1 Gas Turbine Service Market: Region Footprint
3.4.2 Gas Turbine Service Market: Company Product Type Footprint
3.4.3 Gas Turbine Service Market: Company Product Application Footprint
3.5 Competitive Environment
3.5.1 Historical Structure of the Industry
3.5.2 Barriers of Market Entry
3.5.3 Factors of Competition
3.6 Mergers, Acquisitions Activity
4.1 United States VS China: Gas Turbine Service Revenue Comparison (by Headquarter Location)
4.1.1 United States VS China: Gas Turbine Service Market Size Comparison (2019 & 2023 & 2030) (by Headquarter Location)
4.1.2 United States VS China: Gas Turbine Service Revenue Market Share Comparison (2019 & 2023 & 2030)
4.2 United States Based Companies VS China Based Companies: Gas Turbine Service Consumption Value Comparison
4.2.1 United States VS China: Gas Turbine Service Consumption Value Comparison (2019 & 2023 & 2030)
4.2.2 United States VS China: Gas Turbine Service Consumption Value Market Share Comparison (2019 & 2023 & 2030)
4.3 United States Based Gas Turbine Service Companies and Market Share, 2019-2024
4.3.1 United States Based Gas Turbine Service Companies, Headquarters (States, Country)
4.3.2 United States Based Companies Gas Turbine Service Revenue, (2019-2024)
4.4 China Based Companies Gas Turbine Service Revenue and Market Share, 2019-2024
4.4.1 China Based Gas Turbine Service Companies, Company Headquarters (Province, Country)
4.4.2 China Based Companies Gas Turbine Service Revenue, (2019-2024)
4.5 Rest of World Based Gas Turbine Service Companies and Market Share, 2019-2024
4.5.1 Rest of World Based Gas Turbine Service Companies, Headquarters (States, Country)
4.5.2 Rest of World Based Companies Gas Turbine Service Revenue, (2019-2024)
5.1 World Gas Turbine Service Market Size Overview by Type: 2019 VS 2023 VS 2030
5.2 Segment Introduction by Type
5.2.1 Heavy Duty Services
5.2.2 Aero-Derivative Services
5.3 Market Segment by Type
5.3.1 World Gas Turbine Service Market Size by Type (2019-2024)
5.3.2 World Gas Turbine Service Market Size by Type (2025-2030)
5.3.3 World Gas Turbine Service Market Size Market Share by Type (2019-2030)
6.1 World Gas Turbine Service Market Size Overview by Application: 2019 VS 2023 VS 2030
6.2 Segment Introduction by Application
6.2.1 Power Generation
6.2.2 Oil & Gas
6.2.3 Other
6.3 Market Segment by Application
6.3.1 World Gas Turbine Service Market Size by Application (2019-2024)
6.3.2 World Gas Turbine Service Market Size by Application (2025-2030)
6.3.3 World Gas Turbine Service Market Size by Application (2019-2030)
7.1 General Electric
7.1.1 General Electric Details
7.1.2 General Electric Major Business
7.1.3 General Electric Gas Turbine Service Product and Services
7.1.4 General Electric Gas Turbine Service Revenue, Gross Margin and Market Share (2019-2024)
7.1.5 General Electric Recent Developments/Updates
7.1.6 General Electric Competitive Strengths & Weaknesses
7.2 Mitsubishi Hitachi Power Systems
7.2.1 Mitsubishi Hitachi Power Systems Details
7.2.2 Mitsubishi Hitachi Power Systems Major Business
7.2.3 Mitsubishi Hitachi Power Systems Gas Turbine Service Product and Services
7.2.4 Mitsubishi Hitachi Power Systems Gas Turbine Service Revenue, Gross Margin and Market Share (2019-2024)
7.2.5 Mitsubishi Hitachi Power Systems Recent Developments/Updates
7.2.6 Mitsubishi Hitachi Power Systems Competitive Strengths & Weaknesses
7.3 Siemens
7.3.1 Siemens Details
7.3.2 Siemens Major Business
7.3.3 Siemens Gas Turbine Service Product and Services
7.3.4 Siemens Gas Turbine Service Revenue, Gross Margin and Market Share (2019-2024)
7.3.5 Siemens Recent Developments/Updates
7.3.6 Siemens Competitive Strengths & Weaknesses
7.4 Wood Group
7.4.1 Wood Group Details
7.4.2 Wood Group Major Business
7.4.3 Wood Group Gas Turbine Service Product and Services
7.4.4 Wood Group Gas Turbine Service Revenue, Gross Margin and Market Share (2019-2024)
7.4.5 Wood Group Recent Developments/Updates
7.4.6 Wood Group Competitive Strengths & Weaknesses
7.5 Kawasaki Heavy Industries
7.5.1 Kawasaki Heavy Industries Details
7.5.2 Kawasaki Heavy Industries Major Business
7.5.3 Kawasaki Heavy Industries Gas Turbine Service Product and Services
7.5.4 Kawasaki Heavy Industries Gas Turbine Service Revenue, Gross Margin and Market Share (2019-2024)
7.5.5 Kawasaki Heavy Industries Recent Developments/Updates
7.5.6 Kawasaki Heavy Industries Competitive Strengths & Weaknesses
7.6 Solar Turbines
7.6.1 Solar Turbines Details
7.6.2 Solar Turbines Major Business
7.6.3 Solar Turbines Gas Turbine Service Product and Services
7.6.4 Solar Turbines Gas Turbine Service Revenue, Gross Margin and Market Share (2019-2024)
7.6.5 Solar Turbines Recent Developments/Updates
7.6.6 Solar Turbines Competitive Strengths & Weaknesses
7.7 MTU Aero Engines
7.7.1 MTU Aero Engines Details
7.7.2 MTU Aero Engines Major Business
7.7.3 MTU Aero Engines Gas Turbine Service Product and Services
7.7.4 MTU Aero Engines Gas Turbine Service Revenue, Gross Margin and Market Share (2019-2024)
7.7.5 MTU Aero Engines Recent Developments/Updates
7.7.6 MTU Aero Engines Competitive Strengths & Weaknesses
7.8 Ansaldo Energia
7.8.1 Ansaldo Energia Details
7.8.2 Ansaldo Energia Major Business
7.8.3 Ansaldo Energia Gas Turbine Service Product and Services
7.8.4 Ansaldo Energia Gas Turbine Service Revenue, Gross Margin and Market Share (2019-2024)
7.8.5 Ansaldo Energia Recent Developments/Updates
7.8.6 Ansaldo Energia Competitive Strengths & Weaknesses
7.9 Sulzer
7.9.1 Sulzer Details
7.9.2 Sulzer Major Business
7.9.3 Sulzer Gas Turbine Service Product and Services
7.9.4 Sulzer Gas Turbine Service Revenue, Gross Margin and Market Share (2019-2024)
7.9.5 Sulzer Recent Developments/Updates
7.9.6 Sulzer Competitive Strengths & Weaknesses
7.10 MAN Diesel & Turbo
7.10.1 MAN Diesel & Turbo Details
7.10.2 MAN Diesel & Turbo Major Business
7.10.3 MAN Diesel & Turbo Gas Turbine Service Product and Services
7.10.4 MAN Diesel & Turbo Gas Turbine Service Revenue, Gross Margin and Market Share (2019-2024)
7.10.5 MAN Diesel & Turbo Recent Developments/Updates
7.10.6 MAN Diesel & Turbo Competitive Strengths & Weaknesses
7.11 MJB International
7.11.1 MJB International Details
7.11.2 MJB International Major Business
7.11.3 MJB International Gas Turbine Service Product and Services
7.11.4 MJB International Gas Turbine Service Revenue, Gross Margin and Market Share (2019-2024)
7.11.5 MJB International Recent Developments/Updates
7.11.6 MJB International Competitive Strengths & Weaknesses
7.12 Proenergy Services
7.12.1 Proenergy Services Details
7.12.2 Proenergy Services Major Business
7.12.3 Proenergy Services Gas Turbine Service Product and Services
7.12.4 Proenergy Services Gas Turbine Service Revenue, Gross Margin and Market Share (2019-2024)
7.12.5 Proenergy Services Recent Developments/Updates
7.12.6 Proenergy Services Competitive Strengths & Weaknesses
8.1 Gas Turbine Service Industry Chain
8.2 Gas Turbine Service Upstream Analysis
8.3 Gas Turbine Service Midstream Analysis
8.4 Gas Turbine Service Downstream Analysis
10.1 Methodology
10.2 Research Process and Data Source
10.3 Disclaimer
Table of Figures
List of Tables
Table 1. World Gas Turbine Service Revenue by Region (2019, 2023 and 2030) & (USD Million), (by Headquarter Location)
Table 2. World Gas Turbine Service Revenue by Region (2019-2024) & (USD Million), (by Headquarter Location)
Table 3. World Gas Turbine Service Revenue by Region (2025-2030) & (USD Million), (by Headquarter Location)
Table 4. World Gas Turbine Service Revenue Market Share by Region (2019-2024), (by Headquarter Location)
Table 5. World Gas Turbine Service Revenue Market Share by Region (2025-2030), (by Headquarter Location)
Table 6. Major Market Trends
Table 7. World Gas Turbine Service Consumption Value Growth Rate Forecast by Region (2019 & 2023 & 2030) & (USD Million)
Table 8. World Gas Turbine Service Consumption Value by Region (2019-2024) & (USD Million)
Table 9. World Gas Turbine Service Consumption Value Forecast by Region (2025-2030) & (USD Million)
Table 10. World Gas Turbine Service Revenue by Player (2019-2024) & (USD Million)
Table 11. Revenue Market Share of Key Gas Turbine Service Players in 2023
Table 12. World Gas Turbine Service Industry Rank of Major Player, Based on Revenue in 2023
Table 13. Global Gas Turbine Service Company Evaluation Quadrant
Table 14. Head Office of Key Gas Turbine Service Player
Table 15. Gas Turbine Service Market: Company Product Type Footprint
Table 16. Gas Turbine Service Market: Company Product Application Footprint
Table 17. Gas Turbine Service Mergers & Acquisitions Activity
Table 18. United States VS China Gas Turbine Service Market Size Comparison, (2019 & 2023 & 2030) & (USD Million)
Table 19. United States VS China Gas Turbine Service Consumption Value Comparison, (2019 & 2023 & 2030) & (USD Million)
Table 20. United States Based Gas Turbine Service Companies, Headquarters (States, Country)
Table 21. United States Based Companies Gas Turbine Service Revenue, (2019-2024) & (USD Million)
Table 22. United States Based Companies Gas Turbine Service Revenue Market Share (2019-2024)
Table 23. China Based Gas Turbine Service Companies, Headquarters (Province, Country)
Table 24. China Based Companies Gas Turbine Service Revenue, (2019-2024) & (USD Million)
Table 25. China Based Companies Gas Turbine Service Revenue Market Share (2019-2024)
Table 26. Rest of World Based Gas Turbine Service Companies, Headquarters (States, Country)
Table 27. Rest of World Based Companies Gas Turbine Service Revenue, (2019-2024) & (USD Million)
Table 28. Rest of World Based Companies Gas Turbine Service Revenue Market Share (2019-2024)
Table 29. World Gas Turbine Service Market Size by Type, (USD Million), 2019 & 2023 & 2030
Table 30. World Gas Turbine Service Market Size by Type (2019-2024) & (USD Million)
Table 31. World Gas Turbine Service Market Size by Type (2025-2030) & (USD Million)
Table 32. World Gas Turbine Service Market Size by Application, (USD Million), 2019 & 2023 & 2030
Table 33. World Gas Turbine Service Market Size by Application (2019-2024) & (USD Million)
Table 34. World Gas Turbine Service Market Size by Application (2025-2030) & (USD Million)
Table 35. General Electric Basic Information, Area Served and Competitors
Table 36. General Electric Major Business
Table 37. General Electric Gas Turbine Service Product and Services
Table 38. General Electric Gas Turbine Service Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 39. General Electric Recent Developments/Updates
Table 40. General Electric Competitive Strengths & Weaknesses
Table 41. Mitsubishi Hitachi Power Systems Basic Information, Area Served and Competitors
Table 42. Mitsubishi Hitachi Power Systems Major Business
Table 43. Mitsubishi Hitachi Power Systems Gas Turbine Service Product and Services
Table 44. Mitsubishi Hitachi Power Systems Gas Turbine Service Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 45. Mitsubishi Hitachi Power Systems Recent Developments/Updates
Table 46. Mitsubishi Hitachi Power Systems Competitive Strengths & Weaknesses
Table 47. Siemens Basic Information, Area Served and Competitors
Table 48. Siemens Major Business
Table 49. Siemens Gas Turbine Service Product and Services
Table 50. Siemens Gas Turbine Service Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 51. Siemens Recent Developments/Updates
Table 52. Siemens Competitive Strengths & Weaknesses
Table 53. Wood Group Basic Information, Area Served and Competitors
Table 54. Wood Group Major Business
Table 55. Wood Group Gas Turbine Service Product and Services
Table 56. Wood Group Gas Turbine Service Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 57. Wood Group Recent Developments/Updates
Table 58. Wood Group Competitive Strengths & Weaknesses
Table 59. Kawasaki Heavy Industries Basic Information, Area Served and Competitors
Table 60. Kawasaki Heavy Industries Major Business
Table 61. Kawasaki Heavy Industries Gas Turbine Service Product and Services
Table 62. Kawasaki Heavy Industries Gas Turbine Service Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 63. Kawasaki Heavy Industries Recent Developments/Updates
Table 64. Kawasaki Heavy Industries Competitive Strengths & Weaknesses
Table 65. Solar Turbines Basic Information, Area Served and Competitors
Table 66. Solar Turbines Major Business
Table 67. Solar Turbines Gas Turbine Service Product and Services
Table 68. Solar Turbines Gas Turbine Service Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 69. Solar Turbines Recent Developments/Updates
Table 70. Solar Turbines Competitive Strengths & Weaknesses
Table 71. MTU Aero Engines Basic Information, Area Served and Competitors
Table 72. MTU Aero Engines Major Business
Table 73. MTU Aero Engines Gas Turbine Service Product and Services
Table 74. MTU Aero Engines Gas Turbine Service Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 75. MTU Aero Engines Recent Developments/Updates
Table 76. MTU Aero Engines Competitive Strengths & Weaknesses
Table 77. Ansaldo Energia Basic Information, Area Served and Competitors
Table 78. Ansaldo Energia Major Business
Table 79. Ansaldo Energia Gas Turbine Service Product and Services
Table 80. Ansaldo Energia Gas Turbine Service Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 81. Ansaldo Energia Recent Developments/Updates
Table 82. Ansaldo Energia Competitive Strengths & Weaknesses
Table 83. Sulzer Basic Information, Area Served and Competitors
Table 84. Sulzer Major Business
Table 85. Sulzer Gas Turbine Service Product and Services
Table 86. Sulzer Gas Turbine Service Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 87. Sulzer Recent Developments/Updates
Table 88. Sulzer Competitive Strengths & Weaknesses
Table 89. MAN Diesel & Turbo Basic Information, Area Served and Competitors
Table 90. MAN Diesel & Turbo Major Business
Table 91. MAN Diesel & Turbo Gas Turbine Service Product and Services
Table 92. MAN Diesel & Turbo Gas Turbine Service Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 93. MAN Diesel & Turbo Recent Developments/Updates
Table 94. MAN Diesel & Turbo Competitive Strengths & Weaknesses
Table 95. MJB International Basic Information, Area Served and Competitors
Table 96. MJB International Major Business
Table 97. MJB International Gas Turbine Service Product and Services
Table 98. MJB International Gas Turbine Service Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 99. MJB International Recent Developments/Updates
Table 100. Proenergy Services Basic Information, Area Served and Competitors
Table 101. Proenergy Services Major Business
Table 102. Proenergy Services Gas Turbine Service Product and Services
Table 103. Proenergy Services Gas Turbine Service Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 104. Global Key Players of Gas Turbine Service Upstream (Raw Materials)
Table 105. Gas Turbine Service Typical Customers
List of Figure
Figure 1. Gas Turbine Service Picture
Figure 2. World Gas Turbine Service Total Market Size: 2019 & 2023 & 2030, (USD Million)
Figure 3. World Gas Turbine Service Total Market Size (2019-2030) & (USD Million)
Figure 4. World Gas Turbine Service Revenue Market Share by Region (2019, 2023 and 2030) & (USD Million) , (by Headquarter Location)
Figure 5. World Gas Turbine Service Revenue Market Share by Region (2019-2030), (by Headquarter Location)
Figure 6. United States Based Company Gas Turbine Service Revenue (2019-2030) & (USD Million)
Figure 7. China Based Company Gas Turbine Service Revenue (2019-2030) & (USD Million)
Figure 8. Europe Based Company Gas Turbine Service Revenue (2019-2030) & (USD Million)
Figure 9. Japan Based Company Gas Turbine Service Revenue (2019-2030) & (USD Million)
Figure 10. South Korea Based Company Gas Turbine Service Revenue (2019-2030) & (USD Million)
Figure 11. ASEAN Based Company Gas Turbine Service Revenue (2019-2030) & (USD Million)
Figure 12. India Based Company Gas Turbine Service Revenue (2019-2030) & (USD Million)
Figure 13. Gas Turbine Service Market Drivers
Figure 14. Factors Affecting Demand
Figure 15. World Gas Turbine Service Consumption Value (2019-2030) & (USD Million)
Figure 16. World Gas Turbine Service Consumption Value Market Share by Region (2019-2030)
Figure 17. United States Gas Turbine Service Consumption Value (2019-2030) & (USD Million)
Figure 18. China Gas Turbine Service Consumption Value (2019-2030) & (USD Million)
Figure 19. Europe Gas Turbine Service Consumption Value (2019-2030) & (USD Million)
Figure 20. Japan Gas Turbine Service Consumption Value (2019-2030) & (USD Million)
Figure 21. South Korea Gas Turbine Service Consumption Value (2019-2030) & (USD Million)
Figure 22. ASEAN Gas Turbine Service Consumption Value (2019-2030) & (USD Million)
Figure 23. India Gas Turbine Service Consumption Value (2019-2030) & (USD Million)
Figure 24. Producer Shipments of Gas Turbine Service by Player Revenue ($MM) and Market Share (%): 2023
Figure 25. Global Four-firm Concentration Ratios (CR4) for Gas Turbine Service Markets in 2023
Figure 26. Global Four-firm Concentration Ratios (CR8) for Gas Turbine Service Markets in 2023
Figure 27. United States VS China: Gas Turbine Service Revenue Market Share Comparison (2019 & 2023 & 2030)
Figure 28. United States VS China: Gas Turbine Service Consumption Value Market Share Comparison (2019 & 2023 & 2030)
Figure 29. World Gas Turbine Service Market Size by Type, (USD Million), 2019 & 2023 & 2030
Figure 30. World Gas Turbine Service Market Size Market Share by Type in 2023
Figure 31. Heavy Duty Services
Figure 32. Aero-Derivative Services
Figure 33. World Gas Turbine Service Market Size Market Share by Type (2019-2030)
Figure 34. World Gas Turbine Service Market Size by Application, (USD Million), 2019 & 2023 & 2030
Figure 35. World Gas Turbine Service Market Size Market Share by Application in 2023
Figure 36. Power Generation
Figure 37. Oil & Gas
Figure 38. Other
Figure 39. Gas Turbine Service Industrial Chain
Figure 40. Methodology
Figure 41. Research Process and Data Source
Research Methodology
Client Requirements
Review and analyze client requirements
Discussion of all the project requirements and queries
Flexibility Check
Project Feasibility Analysis
Finalizing tentative research programme
Structuring project proposal with scope, timeline, and costs
Analyzing Market Dynamics
Determination of key drivers, restraints, challenge, and opportunity
Identifies market needs and trends
Market Size Estimation & Forecast
Estimation of historical data based on secondary and primary data
Anticipating market recast by assigning weightage to market forces (drivers, restraints, opportunities)
Freezing historical and forecast market size estimations based on evolution, trends, outlook, and strategies
Consideration of geography, region-specific product/service demand for region segments
Consideration of product utilization rates, product demand outlook for segments by application or end-user.
Data Source
Secondary Source
Data collections from annual reports, presentations,associations, journals, analyst reports,
paid database, press releases, blogs, newsletters,and GIR repositories.
Primary Source
Research discussion with manufacturers, distributors, suppliers, end user, industry experts
to verify insights.
Validation
and
triangulation of
secondary and primary source.
Collection of data
Cumulating and collating the essential qualitative and quantitative data
Generation of report in client requested format by research analysts
Reviews by expert analysts
Final quality check
Clarifying queries
Receiving feedback
Ensuring satisfaction
01 Identification of data
This step involves identification of several primary and secondary data research sources, including Global Info Research's internal data sources. The primary sources consist of in-depth discussions and interviews with policy makers, industry experts, and data evaluators, whereas secondary sources include a thorough study of market journals, press releases, annual reports, and government and non-government agencies websites.
-
02 Evaluation of Market Dynamic
This phase includes a detailed evaluation of several factors that are likely to affect the market dynamics. It involves a comprehensive assessment of major market pain points, drivers, and trends. It also comprises a detailed study of research plans and methodology.
-
03 Collection of Data
This process consists of gathering data, accessing proprietary databases, and reaching out to key industry participants that operate in the market across the value chain. It also involves studying several patterns in the historical data and comparing it with the current scenario.
-
04 Collaboration of Data
This stage involves the validation of data and arrival at actual statistics, and evolution of the market over the years. It entails the study and analyzes various segments and verticals of the market. An impact analysis is also performed to observe which factors will affect the market in the next few years.
05 Verification and Analysis
This is the final stage, which involves both quantity and quality checks. Although the process of data verification is an integral part of the research process, all data points and statistics and figures are re-checked to uphold their authenticity and validity.
Companies Mentioned
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
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