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Gas Turbine Services - Market Analysis, Trends, and Forecasts

  • ID: 4805060
  • Report
  • October 2019
  • Region: Global
  • 348 pages
  • Global Industry Analysts, Inc
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FEATURED COMPANIES

  • Ansaldo Energia Spa
  • General Electric Company
  • Kawasaki Heavy Industries
  • Mjb International Limited
  • Proenergy Services
  • Solar Turbines
  • MORE
The Gas Turbine Services market worldwide is projected to grow by US$5 Billion, driven by a compounded growth of 4%. Heavy Duty, one of the segments analyzed and sized in this study, displays the potential to grow at over 3.9%. The shifting dynamics supporting this growth makes it critical for businesses in this space to keep abreast of the changing pulse of the market. Poised to reach over US$11.4 Billion by the year 2025, Heavy Duty will bring in healthy gains adding significant momentum to global growth.

Representing the developed world, the United States will maintain a 3.1% growth momentum. Within Europe, which continues to remain an important element in the world economy, Germany will add over US$180.1 Million to the region's size and clout in the next 5 to 6 years. Over US$147 Million worth of projected demand in the region will come from the rest of the European markets. In Japan, Heavy Duty will reach a market size of US$632.2 Million by the close of the analysis period. As the world’s second largest economy and the new game changer in global markets, China exhibits the potential to grow at 6.2% over the next couple of years and add approximately US$1.4 Billion in terms of addressable opportunity for the picking by aspiring businesses and their astute leaders.

Presented in visually rich graphics are these and many more need-to-know quantitative data important in ensuring quality of strategy decisions, be it entry into new markets or allocation of resources within a portfolio. Several macroeconomic factors and internal market forces will shape growth and development of demand patterns in emerging countries in Asia-Pacific, Latin America and the Middle East. All research viewpoints presented are based on validated engagements from influencers in the market, whose opinions supersede all other research methodologies.

Competitors identified in this market include:
  • Ansaldo Energia SpA
  • EthosEnergy
  • General Electric Company
  • HPi LLC
  • Kawasaki Heavy Industries Ltd.
  • MAN Diesel & Turbo SE
  • Mechanical Dynamics & Analysis LLC
  • Mitsubishi Hitachi Power Systems Ltd.
  • MJB International Limited LLC
  • MTU Aero Engines AG
  • Proenergy Services
  • Siemens AG
  • Solar Turbines, Inc.
  • Sulzer Ltd.
  • Turbine Services and Solutions LLC.
Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Ansaldo Energia Spa
  • General Electric Company
  • Kawasaki Heavy Industries
  • Mjb International Limited
  • Proenergy Services
  • Solar Turbines
  • MORE

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

Global Competitor Market Shares

Gas Turbine Services Competitor Market Share Scenario Worldwide (in %): 2019 & 2025

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

GEOGRAPHIC MARKET ANALYSIS

UNITED STATES

Market Facts & Figures

US Gas Turbine Services Market Share (in %) by Company: 2019 & 2025

CANADA

JAPAN

CHINA

EUROPE

Market Facts & Figures

European Gas Turbine Services Market: Competitor Market Share Scenario (in %) for 2019 & 2025

FRANCE

GERMANY

ITALY

UNITED KINGDOM

SPAIN

RUSSIA

REST OF EUROPE

ASIA-PACIFIC

AUSTRALIA

INDIA

SOUTH KOREA

REST OF ASIA-PACIFIC

LATIN AMERICA

ARGENTINA

BRAZIL

MEXICO

REST OF LATIN AMERICA

MIDDLE EAST

IRAN

ISRAEL

SAUDI ARABIA

UNITED ARAB EMIRATES

REST OF MIDDLE EAST

AFRICA

IV. COMPETITION

ANSALDO ENERGIA SPA

ETHOSENERGY

GENERAL ELECTRIC COMPANY

HPI

KAWASAKI HEAVY INDUSTRIES

MAN DIESEL & TURBO SE

MJB INTERNATIONAL LIMITED

MTU AERO ENGINES AG

MECHANICAL DYNAMICS & ANALYSIS

MITSUBISHI HITACHI POWER SYSTEMS

PROENERGY SERVICES

SIEMENS AG

SOLAR TURBINES

SULZER

TURBINE SERVICES AND SOLUTIONS LLC.

V. CURATED RESEARCH

Note: Product cover images may vary from those shown
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  • Ansaldo Energia Spa
  • Ethosenergy
  • General Electric Company
  • Hpi
  • Kawasaki Heavy Industries
  • Man Diesel & Turbo Se
  • Mjb International Limited
  • Mtu Aero Engines Ag
  • Mechanical Dynamics & Analysis
  • Mitsubishi Hitachi Power Systems
  • Proenergy Services
  • Siemens Ag
  • Solar Turbines
  • Sulzer
  • Turbine Services and Solutions Llc.
Note: Product cover images may vary from those shown
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