Industries > Energy > Global Gas Turbine Services Market Report 2019-2029

Global Gas Turbine Services Market Report 2019-2029

Analysis by Type (Heavy Duty, Aero-Derivative), by Service (Maintenance, Repair and Oil & Gas), End Use (Power Generation, Oil & Gas), Service Provider (OEM and NON-OEM), Company and Country Analysis and Forecasts

PAGES: 159
PRODUCT CODE: ENE0225
SUBMARKET: Gas

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Market Definition:
• Gas turbines are often known as combustion engines.
• The gas turbines have upstream rotating compressor combined with a downstream turbine and a combustor.

Market Overview and Trends
• Global electricity demand in upcoming years is likely to increase by nearly one-third of the current scenario.
• Turbines play a key role in reducing the carbon emissions, also in comparison with other combustion-based power generation Services, they emit lesser emissions.

Market Dynamics:

Factors Influencing the Market Growth:
• Rising demand for natural gas-fired power plants
• Surge in demand for electricity
• Efficient power generation type

Factors Restraining the Market Growth:
• Natural gas price volatility
• Rising concern regarding natural gas infrastructure

Market Segmentation 2019-2029:

Type
• Heavy duty systems market, 2019-2029
• Aero-derivative

Service
• Maintenance Market, 2019-2029
• Repair Market, 2019-2029
• Overhaul Market, 2019-2029

End-User
• Power Generation Market, 2019-2029
• Oil & Gas Market, 2019-2029

Geographic breakdown
Focused regional forecasts and analysis explore the future opportunities:
• North America Market, 2019-2029
• Europe Market, 2019-2029
• Asia-Pacific Market, 2019-2029
• Latin America, Middle East and Africa Market, 2019-2029

Competitive Analysis:
• Companies are actively engaged in different developmental strategies in order to improve and increase their foothold in the global gas turbine Services market.
• There have been a considerable number of product launches, product developments, mergers, and acquisitions recently in the global Gas Turbine Services industry.

Major Market Players:
• Key company profiles such as Ethosenergy, General Electric Company, Siemens AG, Sulzer AG, Ansaldo Energia Spa, HPI LLC, Kawasaki Heavy Industries Ltd., MAN Diesel & Turbo Se, MJB International, Mechanical Dynamics & Analysis are also provided in the report.

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