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Steam Turbine MRO Market: Global Opportunity Analysis and Industry Forecast, 2024-2033

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    Report

  • 352 Pages
  • February 2025
  • Region: Global
  • Allied Market Research
  • ID: 6120047
The Steam turbine MRO industry generated $22.6 billion in 2023 and is anticipated to generate $37.4 billion by 2033, witnessing a CAGR of 5.2% from 2024 to 2033.

Steam Turbine Maintenance, Repair, and Overhaul (MRO) encompasses essential services that keep steam turbines operating efficiently across industries like power generation and manufacturing. It involves inspecting components, diagnosing faults, replacing worn parts, and upgrading systems to enhance performance. Predictive maintenance techniques, including vibration analysis and thermal imaging, help identify potential failures before they occur. As industries strive for improved energy efficiency and reduced downtime, MRO services play a crucial role in optimizing turbine functionality. Advancements in digital monitoring and automation further streamline maintenance, ensuring reliable and cost-effective turbine operations over time.

As steam turbines age, their efficiency declines due to wear and tear on critical components such as blades, bearings, and rotors. Many power plants and industrial facilities operate decades-old turbines that require frequent maintenance, repairs, and overhauls to ensure reliability and prevent unexpected failures. Instead of costly replacements, operators prefer MRO services to extend equipment lifespan and improve performance. In addition, aging infrastructure increases the demand for upgrades and retrofits to meet modern efficiency and emission standards. This growing need for continuous service and refurbishment is a key factor driving the expansion of the steam turbine MRO market globally.

However, high initial investment costs are a significant restraint for the steam turbine MRO market. The advanced technology, equipment, and skilled labor required for turbine maintenance and repairs involve substantial upfront expenditures. Many companies, especially in emerging markets, may struggle to allocate such funds, which limits their ability to invest in optimal maintenance practices. In addition, frequent overhauls and the need for specialized parts can increase the financial burden. These high costs can delay or reduce the adoption of effective MRO solutions, thereby impacting the overall efficiency and performance of turbines in the long run. All these factors are expected to hamper the steam turbine MRO market growth.

The growing demand for efficient and sustainable turbine operations presents a lucrative opportunity for the steam turbine MRO market. As industries prioritize reducing carbon emissions and energy consumption, there is a heightened focus on optimizing turbine performance. Regular MRO services, including upgrades and retrofits, ensure turbines operate at peak efficiency, thereby minimizing waste and energy loss. Moreover, advancements in sustainable technologies, such as improved materials and energy-efficient designs, are driving demand for specialized maintenance services. This trend encourages MRO providers to adopt innovative solutions, enhancing both the environmental sustainability and profitability of turbine operations.

The steam turbine MRO market is segmented into service type, service provider, fuel type, capacity, end-use industry, and region. On the basis of service type, the market is divided into maintenance, repair, and overhaul. On the basis of service provider, the market is classified into original equipment manufacturers, independent service providers, and In-house. On the basis of fuel type, the market is segregated into coal, natural gas, and nuclear. By capacity, the market is divided into less than 300 MW, 300 MW to 599 MW, 600 MW and above. On the basis of end-use industry, the market is classified into power generation, oil and gas, others. Region-wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

The key players analyzed in the report are Hyundai Heavy Industries Co., Ltd., Siemens AG, Kessels, Shanghai Electric, Ansaldo Energia, Stork, Sulzer Ltd., General Electric Company, Mitsubishi Power, and Elliott Group IE.

Key Benefits For Stakeholders

  • This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the steam turbine mro market analysis from 2023 to 2033 to identify the prevailing steam turbine mro market opportunities.
  • The market research is offered along with information related to key drivers, restraints, and opportunities.
  • Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
  • In-depth analysis of the steam turbine mro market segmentation assists to determine the prevailing market opportunities.
  • Major countries in each region are mapped according to their revenue contribution to the global market.
  • Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
  • The report includes the analysis of the regional as well as global steam turbine mro market trends, key players, market segments, application areas, and market growth strategies.

Additional benefits you will get with this purchase are:

  • Quarterly Update and* (only available with a corporate license, on listed price)
  • 5 additional Company Profile of client Choice pre- or Post-purchase, as a free update.
  • Free Upcoming Version on the Purchase of Five and Enterprise User License.
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  • 15% Free Customization* (in case the scope or segment of the report does not match your requirements, 15% is equivalent to 3 working days of free work, applicable once)
  • Free data Pack on the Five and Enterprise User License. (Excel version of the report)
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  • 24-hour priority response*
  • Free Industry updates and white papers.

Possible Customization with this report (with additional cost and timeline, please talk to the sales executive to know more)

  • Investment Opportunities
  • Upcoming/New Entrant by Regions
  • New Product Development/ Product Matrix of Key Players
  • Regulatory Guidelines
  • Strategic Recommedations
  • Additional company profiles with specific to client's interest
  • Additional country or region analysis- market size and forecast
  • Expanded list for Company Profiles
  • Historic market data
  • Key player details (including location, contact details, supplier/vendor network etc. in excel format)
  • List of customers/consumers/raw material suppliers- value chain analysis
  • SWOT Analysis

Key Market Segments

By Service Type

  • Overhaul
  • Maintenance
  • Repair

By Service Provider

  • Original Equipment Manufacturers
  • Independent Service Providers
  • In-House

By Fuel Type

  • Coal
  • Natural Gas
  • Nuclear

By Capacity

  • Less than 300 MW
  • 300 MW to 599 MW
  • 600 MW and Above

By End-Use Industry

  • Power Generation
  • Oil and Gas
  • Others

By Region

  • North America
  • U.S.
  • Canada
  • Mexico
  • Europe
  • Germany
  • France
  • UK
  • Italy
  • Spain
  • Rest of Europe
  • Asia-Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Rest of Asia-Pacific
  • LAMEA
  • Brazil
  • Saudi Arabia
  • South Africa
  • Rest of LAMEA

Key Market Players

  • Kessels
  • Ansaldo Energia
  • Siemens AG
  • Mitsubishi Power
  • General Electric Company
  • Shanghai Electric
  • Stork
  • HD Hyundai Heavy Industries Co., Ltd.
  • Sulzer Ltd
  • Elliott Group IE

Table of Contents

CHAPTER 1: INTRODUCTION
1.1. Report description
1.2. Key market segments
1.3. Key benefits to the stakeholders
1.4. Research methodology
1.4.1. Primary research
1.4.2. Secondary research
1.4.3. Analyst tools and models
CHAPTER 2: EXECUTIVE SUMMARY
2.1. CXO perspective
CHAPTER 3: MARKET OVERVIEW
3.1. Market definition and scope
3.2. Key findings
3.2.1. Top impacting factors
3.2.2. Top investment pockets
3.3. Porter’s five forces analysis
3.3.1. Moderate bargaining power of suppliers
3.3.2. Moderate threat of new entrants
3.3.3. Low threat of substitutes
3.3.4. High intensity of rivalry
3.3.5. Moderate bargaining power of buyers
3.4. Market dynamics
3.4.1. Drivers
3.4.1.1. Rise In investments in infrastructure and heavy industries
3.4.1.2. Growth in demand for reliable power generation
3.4.2. Restraints
3.4.2.1. Lack of skilled workforce
3.4.3. Opportunities
3.4.3.1. Increasing adoption of predictive maintenance technologies
3.5. Value Chain Analysis
3.6. Regulatory Guidelines
CHAPTER 4: STEAM TURBINE MRO MARKET, BY SERVICE TYPE
4.1. Overview
4.1.1. Market size and forecast
4.2. Maintenance
4.2.1. Key market trends, growth factors and opportunities
4.2.2. Market size and forecast, by region
4.2.3. Market share analysis by country
4.3. Repair
4.3.1. Key market trends, growth factors and opportunities
4.3.2. Market size and forecast, by region
4.3.3. Market share analysis by country
4.4. Overhaul
4.4.1. Key market trends, growth factors and opportunities
4.4.2. Market size and forecast, by region
4.4.3. Market share analysis by country
CHAPTER 5: STEAM TURBINE MRO MARKET, BY SERVICE PROVIDER
5.1. Overview
5.1.1. Market size and forecast
5.2. Original Equipment Manufacturers
5.2.1. Key market trends, growth factors and opportunities
5.2.2. Market size and forecast, by region
5.2.3. Market share analysis by country
5.3. Independent Service Providers
5.3.1. Key market trends, growth factors and opportunities
5.3.2. Market size and forecast, by region
5.3.3. Market share analysis by country
5.4. In-House
5.4.1. Key market trends, growth factors and opportunities
5.4.2. Market size and forecast, by region
5.4.3. Market share analysis by country
CHAPTER 6: STEAM TURBINE MRO MARKET, BY FUEL TYPE
6.1. Overview
6.1.1. Market size and forecast
6.2. Coal
6.2.1. Key market trends, growth factors and opportunities
6.2.2. Market size and forecast, by region
6.2.3. Market share analysis by country
6.3. Natural Gas
6.3.1. Key market trends, growth factors and opportunities
6.3.2. Market size and forecast, by region
6.3.3. Market share analysis by country
6.4. Nuclear
6.4.1. Key market trends, growth factors and opportunities
6.4.2. Market size and forecast, by region
6.4.3. Market share analysis by country
CHAPTER 7: STEAM TURBINE MRO MARKET, BY CAPACITY
7.1. Overview
7.1.1. Market size and forecast
7.2. Less than 300 MW
7.2.1. Key market trends, growth factors and opportunities
7.2.2. Market size and forecast, by region
7.2.3. Market share analysis by country
7.3. 300 MW to 599 MW
7.3.1. Key market trends, growth factors and opportunities
7.3.2. Market size and forecast, by region
7.3.3. Market share analysis by country
7.4. 600 MW and Above
7.4.1. Key market trends, growth factors and opportunities
7.4.2. Market size and forecast, by region
7.4.3. Market share analysis by country
CHAPTER 8: STEAM TURBINE MRO MARKET, BY END-USE INDUSTRY
8.1. Overview
8.1.1. Market size and forecast
8.2. Power Generation
8.2.1. Key market trends, growth factors and opportunities
8.2.2. Market size and forecast, by region
8.2.3. Market share analysis by country
8.3. Oil and Gas
8.3.1. Key market trends, growth factors and opportunities
8.3.2. Market size and forecast, by region
8.3.3. Market share analysis by country
8.4. Others
8.4.1. Key market trends, growth factors and opportunities
8.4.2. Market size and forecast, by region
8.4.3. Market share analysis by country
CHAPTER 9: STEAM TURBINE MRO MARKET, BY REGION
9.1. Overview
9.1.1. Market size and forecast By Region
9.2. North America
9.2.1. Key market trends, growth factors and opportunities
9.2.2. Market size and forecast, by Service Type
9.2.3. Market size and forecast, by Service Provider
9.2.4. Market size and forecast, by Fuel Type
9.2.5. Market size and forecast, by Capacity
9.2.6. Market size and forecast, by End-Use Industry
9.2.7. Market size and forecast, by country
9.2.7.1. U.S.
9.2.7.1.1. Market size and forecast, by Service Type
9.2.7.1.2. Market size and forecast, by Service Provider
9.2.7.1.3. Market size and forecast, by Fuel Type
9.2.7.1.4. Market size and forecast, by Capacity
9.2.7.1.5. Market size and forecast, by End-Use Industry
9.2.7.2. Canada
9.2.7.2.1. Market size and forecast, by Service Type
9.2.7.2.2. Market size and forecast, by Service Provider
9.2.7.2.3. Market size and forecast, by Fuel Type
9.2.7.2.4. Market size and forecast, by Capacity
9.2.7.2.5. Market size and forecast, by End-Use Industry
9.2.7.3. Mexico
9.2.7.3.1. Market size and forecast, by Service Type
9.2.7.3.2. Market size and forecast, by Service Provider
9.2.7.3.3. Market size and forecast, by Fuel Type
9.2.7.3.4. Market size and forecast, by Capacity
9.2.7.3.5. Market size and forecast, by End-Use Industry
9.3. Europe
9.3.1. Key market trends, growth factors and opportunities
9.3.2. Market size and forecast, by Service Type
9.3.3. Market size and forecast, by Service Provider
9.3.4. Market size and forecast, by Fuel Type
9.3.5. Market size and forecast, by Capacity
9.3.6. Market size and forecast, by End-Use Industry
9.3.7. Market size and forecast, by country
9.3.7.1. Germany
9.3.7.1.1. Market size and forecast, by Service Type
9.3.7.1.2. Market size and forecast, by Service Provider
9.3.7.1.3. Market size and forecast, by Fuel Type
9.3.7.1.4. Market size and forecast, by Capacity
9.3.7.1.5. Market size and forecast, by End-Use Industry
9.3.7.2. France
9.3.7.2.1. Market size and forecast, by Service Type
9.3.7.2.2. Market size and forecast, by Service Provider
9.3.7.2.3. Market size and forecast, by Fuel Type
9.3.7.2.4. Market size and forecast, by Capacity
9.3.7.2.5. Market size and forecast, by End-Use Industry
9.3.7.3. UK
9.3.7.3.1. Market size and forecast, by Service Type
9.3.7.3.2. Market size and forecast, by Service Provider
9.3.7.3.3. Market size and forecast, by Fuel Type
9.3.7.3.4. Market size and forecast, by Capacity
9.3.7.3.5. Market size and forecast, by End-Use Industry
9.3.7.4. Italy
9.3.7.4.1. Market size and forecast, by Service Type
9.3.7.4.2. Market size and forecast, by Service Provider
9.3.7.4.3. Market size and forecast, by Fuel Type
9.3.7.4.4. Market size and forecast, by Capacity
9.3.7.4.5. Market size and forecast, by End-Use Industry
9.3.7.5. Spain
9.3.7.5.1. Market size and forecast, by Service Type
9.3.7.5.2. Market size and forecast, by Service Provider
9.3.7.5.3. Market size and forecast, by Fuel Type
9.3.7.5.4. Market size and forecast, by Capacity
9.3.7.5.5. Market size and forecast, by End-Use Industry
9.3.7.6. Rest of Europe
9.3.7.6.1. Market size and forecast, by Service Type
9.3.7.6.2. Market size and forecast, by Service Provider
9.3.7.6.3. Market size and forecast, by Fuel Type
9.3.7.6.4. Market size and forecast, by Capacity
9.3.7.6.5. Market size and forecast, by End-Use Industry
9.4. Asia-Pacific
9.4.1. Key market trends, growth factors and opportunities
9.4.2. Market size and forecast, by Service Type
9.4.3. Market size and forecast, by Service Provider
9.4.4. Market size and forecast, by Fuel Type
9.4.5. Market size and forecast, by Capacity
9.4.6. Market size and forecast, by End-Use Industry
9.4.7. Market size and forecast, by country
9.4.7.1. China
9.4.7.1.1. Market size and forecast, by Service Type
9.4.7.1.2. Market size and forecast, by Service Provider
9.4.7.1.3. Market size and forecast, by Fuel Type
9.4.7.1.4. Market size and forecast, by Capacity
9.4.7.1.5. Market size and forecast, by End-Use Industry
9.4.7.2. Japan
9.4.7.2.1. Market size and forecast, by Service Type
9.4.7.2.2. Market size and forecast, by Service Provider
9.4.7.2.3. Market size and forecast, by Fuel Type
9.4.7.2.4. Market size and forecast, by Capacity
9.4.7.2.5. Market size and forecast, by End-Use Industry
9.4.7.3. India
9.4.7.3.1. Market size and forecast, by Service Type
9.4.7.3.2. Market size and forecast, by Service Provider
9.4.7.3.3. Market size and forecast, by Fuel Type
9.4.7.3.4. Market size and forecast, by Capacity
9.4.7.3.5. Market size and forecast, by End-Use Industry
9.4.7.4. South Korea
9.4.7.4.1. Market size and forecast, by Service Type
9.4.7.4.2. Market size and forecast, by Service Provider
9.4.7.4.3. Market size and forecast, by Fuel Type
9.4.7.4.4. Market size and forecast, by Capacity
9.4.7.4.5. Market size and forecast, by End-Use Industry
9.4.7.5. Australia
9.4.7.5.1. Market size and forecast, by Service Type
9.4.7.5.2. Market size and forecast, by Service Provider
9.4.7.5.3. Market size and forecast, by Fuel Type
9.4.7.5.4. Market size and forecast, by Capacity
9.4.7.5.5. Market size and forecast, by End-Use Industry
9.4.7.6. Rest of Asia-Pacific
9.4.7.6.1. Market size and forecast, by Service Type
9.4.7.6.2. Market size and forecast, by Service Provider
9.4.7.6.3. Market size and forecast, by Fuel Type
9.4.7.6.4. Market size and forecast, by Capacity
9.4.7.6.5. Market size and forecast, by End-Use Industry
9.5. LAMEA
9.5.1. Key market trends, growth factors and opportunities
9.5.2. Market size and forecast, by Service Type
9.5.3. Market size and forecast, by Service Provider
9.5.4. Market size and forecast, by Fuel Type
9.5.5. Market size and forecast, by Capacity
9.5.6. Market size and forecast, by End-Use Industry
9.5.7. Market size and forecast, by country
9.5.7.1. Brazil
9.5.7.1.1. Market size and forecast, by Service Type
9.5.7.1.2. Market size and forecast, by Service Provider
9.5.7.1.3. Market size and forecast, by Fuel Type
9.5.7.1.4. Market size and forecast, by Capacity
9.5.7.1.5. Market size and forecast, by End-Use Industry
9.5.7.2. Saudi Arabia
9.5.7.2.1. Market size and forecast, by Service Type
9.5.7.2.2. Market size and forecast, by Service Provider
9.5.7.2.3. Market size and forecast, by Fuel Type
9.5.7.2.4. Market size and forecast, by Capacity
9.5.7.2.5. Market size and forecast, by End-Use Industry
9.5.7.3. South Africa
9.5.7.3.1. Market size and forecast, by Service Type
9.5.7.3.2. Market size and forecast, by Service Provider
9.5.7.3.3. Market size and forecast, by Fuel Type
9.5.7.3.4. Market size and forecast, by Capacity
9.5.7.3.5. Market size and forecast, by End-Use Industry
9.5.7.4. Rest of LAMEA
9.5.7.4.1. Market size and forecast, by Service Type
9.5.7.4.2. Market size and forecast, by Service Provider
9.5.7.4.3. Market size and forecast, by Fuel Type
9.5.7.4.4. Market size and forecast, by Capacity
9.5.7.4.5. Market size and forecast, by End-Use Industry
CHAPTER 10: COMPETITIVE LANDSCAPE
10.1. Introduction
10.2. Top winning strategies
10.3. Product mapping of top 10 player
10.4. Competitive dashboard
10.5. Competitive heatmap
10.6. Top player positioning, 2023
CHAPTER 11: COMPANY PROFILES
11.1. HD Hyundai Heavy Industries Co., Ltd.
11.1.1. Company overview
11.1.2. Key executives
11.1.3. Company snapshot
11.1.4. Operating business segments
11.1.5. Product portfolio
11.1.6. Business performance
11.2. Siemens AG
11.2.1. Company overview
11.2.2. Key executives
11.2.3. Company snapshot
11.2.4. Operating business segments
11.2.5. Product portfolio
11.2.6. Business performance
11.3. Kessels
11.3.1. Company overview
11.3.2. Key executives
11.3.3. Company snapshot
11.3.4. Operating business segments
11.3.5. Product portfolio
11.4. Shanghai Electric
11.4.1. Company overview
11.4.2. Key executives
11.4.3. Company snapshot
11.4.4. Operating business segments
11.4.5. Product portfolio
11.4.6. Business performance
11.5. Ansaldo Energia
11.5.1. Company overview
11.5.2. Key executives
11.5.3. Company snapshot
11.5.4. Operating business segments
11.5.5. Product portfolio
11.5.6. Key strategic moves and developments
11.6. Stork
11.6.1. Company overview
11.6.2. Key executives
11.6.3. Company snapshot
11.6.4. Operating business segments
11.6.5. Product portfolio
11.7. Sulzer Ltd
11.7.1. Company overview
11.7.2. Key executives
11.7.3. Company snapshot
11.7.4. Operating business segments
11.7.5. Product portfolio
11.7.6. Business performance
11.8. General Electric Company
11.8.1. Company overview
11.8.2. Key executives
11.8.3. Company snapshot
11.8.4. Operating business segments
11.8.5. Product portfolio
11.8.6. Business performance
11.8.7. Key strategic moves and developments
11.9. Mitsubishi Power
11.9.1. Company overview
11.9.2. Key executives
11.9.3. Company snapshot
11.9.4. Operating business segments
11.9.5. Product portfolio
11.9.6. Key strategic moves and developments
11.10. Elliott Group IE
11.10.1. Company overview
11.10.2. Key executives
11.10.3. Company snapshot
11.10.4. Operating business segments
11.10.5. Product portfolio
LIST OF TABLES
Table 01. Global Steam Turbine Mro Market, by Service Type, 2023-2033 ($Million)
Table 02. Steam Turbine Mro Market for Maintenance, by Region, 2023-2033 ($Million)
Table 03. Steam Turbine Mro Market for Repair, by Region, 2023-2033 ($Million)
Table 04. Steam Turbine Mro Market for Overhaul, by Region, 2023-2033 ($Million)
Table 05. Global Steam Turbine Mro Market, by Service Provider, 2023-2033 ($Million)
Table 06. Steam Turbine Mro Market for Original Equipment Manufacturers, by Region, 2023-2033 ($Million)
Table 07. Steam Turbine Mro Market for Independent Service Providers, by Region, 2023-2033 ($Million)
Table 08. Steam Turbine Mro Market for In-House, by Region, 2023-2033 ($Million)
Table 09. Global Steam Turbine Mro Market, by Fuel Type, 2023-2033 ($Million)
Table 10. Steam Turbine Mro Market for Coal, by Region, 2023-2033 ($Million)
Table 11. Steam Turbine Mro Market for Natural Gas, by Region, 2023-2033 ($Million)
Table 12. Steam Turbine Mro Market for Nuclear, by Region, 2023-2033 ($Million)
Table 13. Global Steam Turbine Mro Market, by Capacity, 2023-2033 ($Million)
Table 14. Steam Turbine Mro Market for Less Than 300 Mw, by Region, 2023-2033 ($Million)
Table 15. Steam Turbine Mro Market for 300 Mw to 599 Mw, by Region, 2023-2033 ($Million)
Table 16. Steam Turbine Mro Market for 600 Mw and Above, by Region, 2023-2033 ($Million)
Table 17. Global Steam Turbine Mro Market, by End-Use Industry, 2023-2033 ($Million)
Table 18. Steam Turbine Mro Market for Power Generation, by Region, 2023-2033 ($Million)
Table 19. Steam Turbine Mro Market for Oil and Gas, by Region, 2023-2033 ($Million)
Table 20. Steam Turbine Mro Market for Others, by Region, 2023-2033 ($Million)
Table 21. Steam Turbine Mro Market, by Region, 2023-2033 ($Million)
Table 22. North America Steam Turbine Mro Market, by Service Type, 2023-2033 ($Million)
Table 23. North America Steam Turbine Mro Market, by Service Provider, 2023-2033 ($Million)
Table 24. North America Steam Turbine Mro Market, by Fuel Type, 2023-2033 ($Million)
Table 25. North America Steam Turbine Mro Market, by Capacity, 2023-2033 ($Million)
Table 26. North America Steam Turbine Mro Market, by End-Use Industry, 2023-2033 ($Million)
Table 27. North America Steam Turbine Mro Market, by Country, 2023-2033 ($Million)
Table 28. U.S. Steam Turbine Mro Market, by Service Type, 2023-2033 ($Million)
Table 29. U.S. Steam Turbine Mro Market, by Service Provider, 2023-2033 ($Million)
Table 30. U.S. Steam Turbine Mro Market, by Fuel Type, 2023-2033 ($Million)
Table 31. U.S. Steam Turbine Mro Market, by Capacity, 2023-2033 ($Million)
Table 32. U.S. Steam Turbine Mro Market, by End-Use Industry, 2023-2033 ($Million)
Table 33. Canada Steam Turbine Mro Market, by Service Type, 2023-2033 ($Million)
Table 34. Canada Steam Turbine Mro Market, by Service Provider, 2023-2033 ($Million)
Table 35. Canada Steam Turbine Mro Market, by Fuel Type, 2023-2033 ($Million)
Table 36. Canada Steam Turbine Mro Market, by Capacity, 2023-2033 ($Million)
Table 37. Canada Steam Turbine Mro Market, by End-Use Industry, 2023-2033 ($Million)
Table 38. Mexico Steam Turbine Mro Market, by Service Type, 2023-2033 ($Million)
Table 39. Mexico Steam Turbine Mro Market, by Service Provider, 2023-2033 ($Million)
Table 40. Mexico Steam Turbine Mro Market, by Fuel Type, 2023-2033 ($Million)
Table 41. Mexico Steam Turbine Mro Market, by Capacity, 2023-2033 ($Million)
Table 42. Mexico Steam Turbine Mro Market, by End-Use Industry, 2023-2033 ($Million)
Table 43. Europe Steam Turbine Mro Market, by Service Type, 2023-2033 ($Million)
Table 44. Europe Steam Turbine Mro Market, by Service Provider, 2023-2033 ($Million)
Table 45. Europe Steam Turbine Mro Market, by Fuel Type, 2023-2033 ($Million)
Table 46. Europe Steam Turbine Mro Market, by Capacity, 2023-2033 ($Million)
Table 47. Europe Steam Turbine Mro Market, by End-Use Industry, 2023-2033 ($Million)
Table 48. Europe Steam Turbine Mro Market, by Country, 2023-2033 ($Million)
Table 49. Germany Steam Turbine Mro Market, by Service Type, 2023-2033 ($Million)
Table 50. Germany Steam Turbine Mro Market, by Service Provider, 2023-2033 ($Million)
Table 51. Germany Steam Turbine Mro Market, by Fuel Type, 2023-2033 ($Million)
Table 52. Germany Steam Turbine Mro Market, by Capacity, 2023-2033 ($Million)
Table 53. Germany Steam Turbine Mro Market, by End-Use Industry, 2023-2033 ($Million)
Table 54. France Steam Turbine Mro Market, by Service Type, 2023-2033 ($Million)
Table 55. France Steam Turbine Mro Market, by Service Provider, 2023-2033 ($Million)
Table 56. France Steam Turbine Mro Market, by Fuel Type, 2023-2033 ($Million)
Table 57. France Steam Turbine Mro Market, by Capacity, 2023-2033 ($Million)
Table 58. France Steam Turbine Mro Market, by End-Use Industry, 2023-2033 ($Million)
Table 59. UK Steam Turbine Mro Market, by Service Type, 2023-2033 ($Million)
Table 60. UK Steam Turbine Mro Market, by Service Provider, 2023-2033 ($Million)
Table 61. UK Steam Turbine Mro Market, by Fuel Type, 2023-2033 ($Million)
Table 62. UK Steam Turbine Mro Market, by Capacity, 2023-2033 ($Million)
Table 63. UK Steam Turbine Mro Market, by End-Use Industry, 2023-2033 ($Million)
Table 64. Italy Steam Turbine Mro Market, by Service Type, 2023-2033 ($Million)
Table 65. Italy Steam Turbine Mro Market, by Service Provider, 2023-2033 ($Million)
Table 66. Italy Steam Turbine Mro Market, by Fuel Type, 2023-2033 ($Million)
Table 67. Italy Steam Turbine Mro Market, by Capacity, 2023-2033 ($Million)
Table 68. Italy Steam Turbine Mro Market, by End-Use Industry, 2023-2033 ($Million)
Table 69. Spain Steam Turbine Mro Market, by Service Type, 2023-2033 ($Million)
Table 70. Spain Steam Turbine Mro Market, by Service Provider, 2023-2033 ($Million)
Table 71. Spain Steam Turbine Mro Market, by Fuel Type, 2023-2033 ($Million)
Table 72. Spain Steam Turbine Mro Market, by Capacity, 2023-2033 ($Million)
Table 73. Spain Steam Turbine Mro Market, by End-Use Industry, 2023-2033 ($Million)
Table 74. Rest of Europe Steam Turbine Mro Market, by Service Type, 2023-2033 ($Million)
Table 75. Rest of Europe Steam Turbine Mro Market, by Service Provider, 2023-2033 ($Million)
Table 76. Rest of Europe Steam Turbine Mro Market, by Fuel Type, 2023-2033 ($Million)
Table 77. Rest of Europe Steam Turbine Mro Market, by Capacity, 2023-2033 ($Million)
Table 78. Rest of Europe Steam Turbine Mro Market, by End-Use Industry, 2023-2033 ($Million)
Table 79. Asia-Pacific Steam Turbine Mro Market, by Service Type, 2023-2033 ($Million)
Table 80. Asia-Pacific Steam Turbine Mro Market, by Service Provider, 2023-2033 ($Million)
Table 81. Asia-Pacific Steam Turbine Mro Market, by Fuel Type, 2023-2033 ($Million)
Table 82. Asia-Pacific Steam Turbine Mro Market, by Capacity, 2023-2033 ($Million)
Table 83. Asia-Pacific Steam Turbine Mro Market, by End-Use Industry, 2023-2033 ($Million)
Table 84. Asia-Pacific Steam Turbine Mro Market, by Country, 2023-2033 ($Million)
Table 85. China Steam Turbine Mro Market, by Service Type, 2023-2033 ($Million)
Table 86. China Steam Turbine Mro Market, by Service Provider, 2023-2033 ($Million)
Table 87. China Steam Turbine Mro Market, by Fuel Type, 2023-2033 ($Million)
Table 88. China Steam Turbine Mro Market, by Capacity, 2023-2033 ($Million)
Table 89. China Steam Turbine Mro Market, by End-Use Industry, 2023-2033 ($Million)
Table 90. Japan Steam Turbine Mro Market, by Service Type, 2023-2033 ($Million)
Table 91. Japan Steam Turbine Mro Market, by Service Provider, 2023-2033 ($Million)
Table 92. Japan Steam Turbine Mro Market, by Fuel Type, 2023-2033 ($Million)
Table 93. Japan Steam Turbine Mro Market, by Capacity, 2023-2033 ($Million)
Table 94. Japan Steam Turbine Mro Market, by End-Use Industry, 2023-2033 ($Million)
Table 95. India Steam Turbine Mro Market, by Service Type, 2023-2033 ($Million)
Table 96. India Steam Turbine Mro Market, by Service Provider, 2023-2033 ($Million)
Table 97. India Steam Turbine Mro Market, by Fuel Type, 2023-2033 ($Million)
Table 98. India Steam Turbine Mro Market, by Capacity, 2023-2033 ($Million)
Table 99. India Steam Turbine Mro Market, by End-Use Industry, 2023-2033 ($Million)
Table 100. South Korea Steam Turbine Mro Market, by Service Type, 2023-2033 ($Million)
Table 101. South Korea Steam Turbine Mro Market, by Service Provider, 2023-2033 ($Million)
Table 102. South Korea Steam Turbine Mro Market, by Fuel Type, 2023-2033 ($Million)
Table 103. South Korea Steam Turbine Mro Market, by Capacity, 2023-2033 ($Million)
Table 104. South Korea Steam Turbine Mro Market, by End-Use Industry, 2023-2033 ($Million)
Table 105. Australia Steam Turbine Mro Market, by Service Type, 2023-2033 ($Million)
Table 106. Australia Steam Turbine Mro Market, by Service Provider, 2023-2033 ($Million)
Table 107. Australia Steam Turbine Mro Market, by Fuel Type, 2023-2033 ($Million)
Table 108. Australia Steam Turbine Mro Market, by Capacity, 2023-2033 ($Million)
Table 109. Australia Steam Turbine Mro Market, by End-Use Industry, 2023-2033 ($Million)
Table 110. Rest of Asia-Pacific Steam Turbine Mro Market, by Service Type, 2023-2033 ($Million)
Table 111. Rest of Asia-Pacific Steam Turbine Mro Market, by Service Provider, 2023-2033 ($Million)
Table 112. Rest of Asia-Pacific Steam Turbine Mro Market, by Fuel Type, 2023-2033 ($Million)
Table 113. Rest of Asia-Pacific Steam Turbine Mro Market, by Capacity, 2023-2033 ($Million)
Table 114. Rest of Asia-Pacific Steam Turbine Mro Market, by End-Use Industry, 2023-2033 ($Million)
Table 115. LAMEA Steam Turbine Mro Market, by Service Type, 2023-2033 ($Million)
Table 116. LAMEA Steam Turbine Mro Market, by Service Provider, 2023-2033 ($Million)
Table 117. LAMEA Steam Turbine Mro Market, by Fuel Type, 2023-2033 ($Million)
Table 118. LAMEA Steam Turbine Mro Market, by Capacity, 2023-2033 ($Million)
Table 119. LAMEA Steam Turbine Mro Market, by End-Use Industry, 2023-2033 ($Million)
Table 120. LAMEA Steam Turbine Mro Market, by Country, 2023-2033 ($Million)
Table 121. Brazil Steam Turbine Mro Market, by Service Type, 2023-2033 ($Million)
Table 122. Brazil Steam Turbine Mro Market, by Service Provider, 2023-2033 ($Million)
Table 123. Brazil Steam Turbine Mro Market, by Fuel Type, 2023-2033 ($Million)
Table 124. Brazil Steam Turbine Mro Market, by Capacity, 2023-2033 ($Million)
Table 125. Brazil Steam Turbine Mro Market, by End-Use Industry, 2023-2033 ($Million)
Table 126. Saudi Arabia Steam Turbine Mro Market, by Service Type, 2023-2033 ($Million)
Table 127. Saudi Arabia Steam Turbine Mro Market, by Service Provider, 2023-2033 ($Million)
Table 128. Saudi Arabia Steam Turbine Mro Market, by Fuel Type, 2023-2033 ($Million)
Table 129. Saudi Arabia Steam Turbine Mro Market, by Capacity, 2023-2033 ($Million)
Table 130. Saudi Arabia Steam Turbine Mro Market, by End-Use Industry, 2023-2033 ($Million)
Table 131. South Africa Steam Turbine Mro Market, by Service Type, 2023-2033 ($Million)
Table 132. South Africa Steam Turbine Mro Market, by Service Provider, 2023-2033 ($Million)
Table 133. South Africa Steam Turbine Mro Market, by Fuel Type, 2023-2033 ($Million)
Table 134. South Africa Steam Turbine Mro Market, by Capacity, 2023-2033 ($Million)
Table 135. South Africa Steam Turbine Mro Market, by End-Use Industry, 2023-2033 ($Million)
Table 136. Rest of LAMEA Steam Turbine Mro Market, by Service Type, 2023-2033 ($Million)
Table 137. Rest of LAMEA Steam Turbine Mro Market, by Service Provider, 2023-2033 ($Million)
Table 138. Rest of LAMEA Steam Turbine Mro Market, by Fuel Type, 2023-2033 ($Million)
Table 139. Rest of LAMEA Steam Turbine Mro Market, by Capacity, 2023-2033 ($Million)
Table 140. Rest of LAMEA Steam Turbine Mro Market, by End-Use Industry, 2023-2033 ($Million)
Table 141. Hd Hyundai Heavy Industries Co., Ltd.: Key Executives
Table 142. Hd Hyundai Heavy Industries Co., Ltd.: Company Snapshot
Table 143. Hd Hyundai Heavy Industries Co., Ltd.: Product Segments
Table 144. Hd Hyundai Heavy Industries Co., Ltd.: Product Portfolio
Table 145. Siemens Ag: Key Executives
Table 146. Siemens Ag: Company Snapshot
Table 147. Siemens Ag: Product Segments
Table 148. Siemens Ag: Product Portfolio
Table 149. Kessels: Key Executives
Table 150. Kessels: Company Snapshot
Table 151. Kessels: Product Segments
Table 152. Kessels: Product Portfolio
Table 153. Shanghai Electric: Key Executives
Table 154. Shanghai Electric: Company Snapshot
Table 155. Shanghai Electric: Product Segments
Table 156. Shanghai Electric: Product Portfolio
Table 157. Ansaldo Energia: Key Executives
Table 158. Ansaldo Energia: Company Snapshot
Table 159. Ansaldo Energia: Service Segments
Table 160. Ansaldo Energia: Product Portfolio
Table 161. Ansaldo Energia: Key Stratergies
Table 162. Stork: Key Executives
Table 163. Stork: Company Snapshot
Table 164. Stork: Product Segments
Table 165. Stork: Product Portfolio
Table 166. Sulzer Ltd: Key Executives
Table 167. Sulzer Ltd: Company Snapshot
Table 168. Sulzer Ltd: Product Segments
Table 169. Sulzer Ltd: Product Portfolio
Table 170. General Electric Company: Key Executives
Table 171. General Electric Company: Company Snapshot
Table 172. General Electric Company: Product Segments
Table 173. General Electric Company: Product Portfolio
Table 174. General Electric Company: Key Stratergies
Table 175. Mitsubishi Power: Key Executives
Table 176. Mitsubishi Power: Company Snapshot
Table 177. Mitsubishi Power: Service Segments
Table 178. Mitsubishi Power: Product Portfolio
Table 179. Mitsubishi Power: Key Stratergies
Table 180. Elliott Group Ie: Key Executives
Table 181. Elliott Group Ie: Company Snapshot
Table 182. Elliott Group Ie: Product Segments
Table 183. Elliott Group Ie: Product Portfolio
LIST OF FIGURES
Figure 01. Steam Turbine Mro Market, 2023-2033
Figure 02. Segmentation of Steam Turbine Mro Market,2023-2033
Figure 03. Top Impacting Factors in Steam Turbine Mro Market (2023 to 2033)
Figure 04. Top Investment Pockets in Steam Turbine Mro Market (2024-2033)
Figure 05. Moderate Bargaining Power of Suppliers
Figure 06. Moderate Threat of New Entrants
Figure 07. Low Threat of Substitutes
Figure 08. High Intensity of Rivalry
Figure 09. Moderate Bargaining Power of Buyers
Figure 10. Global Steam Turbine Mro Market:Drivers, Restraints and Opportunities
Figure 11. Steam Turbine Mro Market, by Service Type, 2023 and 2033(%)
Figure 12. Comparative Share Analysis of Steam Turbine Mro Market for Maintenance, by Country 2023 and 2033(%)
Figure 13. Comparative Share Analysis of Steam Turbine Mro Market for Repair, by Country 2023 and 2033(%)
Figure 14. Comparative Share Analysis of Steam Turbine Mro Market for Overhaul, by Country 2023 and 2033(%)
Figure 15. Steam Turbine Mro Market, by Service Provider, 2023 and 2033(%)
Figure 16. Comparative Share Analysis of Steam Turbine Mro Market for Original Equipment Manufacturers, by Country 2023 and 2033(%)
Figure 17. Comparative Share Analysis of Steam Turbine Mro Market for Independent Service Providers, by Country 2023 and 2033(%)
Figure 18. Comparative Share Analysis of Steam Turbine Mro Market for In-House, by Country 2023 and 2033(%)
Figure 19. Steam Turbine Mro Market, by Fuel Type, 2023 and 2033(%)
Figure 20. Comparative Share Analysis of Steam Turbine Mro Market for Coal, by Country 2023 and 2033(%)
Figure 21. Comparative Share Analysis of Steam Turbine Mro Market for Natural Gas, by Country 2023 and 2033(%)
Figure 22. Comparative Share Analysis of Steam Turbine Mro Market for Nuclear, by Country 2023 and 2033(%)
Figure 23. Steam Turbine Mro Market, by Capacity, 2023 and 2033(%)
Figure 24. Comparative Share Analysis of Steam Turbine Mro Market for Less Than 300 Mw, by Country 2023 and 2033(%)
Figure 25. Comparative Share Analysis of Steam Turbine Mro Market for 300 Mw to 599 Mw, by Country 2023 and 2033(%)
Figure 26. Comparative Share Analysis of Steam Turbine Mro Market for 600 Mw and Above, by Country 2023 and 2033(%)
Figure 27. Steam Turbine Mro Market, by End-use Industry, 2023 and 2033(%)
Figure 28. Comparative Share Analysis of Steam Turbine Mro Market for Power Generation, by Country 2023 and 2033(%)
Figure 29. Comparative Share Analysis of Steam Turbine Mro Market for Oil and Gas, by Country 2023 and 2033(%)
Figure 30. Comparative Share Analysis of Steam Turbine Mro Market for Others, by Country 2023 and 2033(%)
Figure 31. Steam Turbine Mro Market by Region, 2023 and 2033(%)
Figure 32. U.S. Steam Turbine Mro Market, 2023-2033 ($Million)
Figure 33. Canada Steam Turbine Mro Market, 2023-2033 ($Million)
Figure 34. Mexico Steam Turbine Mro Market, 2023-2033 ($Million)
Figure 35. Germany Steam Turbine Mro Market, 2023-2033 ($Million)
Figure 36. France Steam Turbine Mro Market, 2023-2033 ($Million)
Figure 37. UK Steam Turbine Mro Market, 2023-2033 ($Million)
Figure 38. Italy Steam Turbine Mro Market, 2023-2033 ($Million)
Figure 39. Spain Steam Turbine Mro Market, 2023-2033 ($Million)
Figure 40. Rest of Europe Steam Turbine Mro Market, 2023-2033 ($Million)
Figure 41. China Steam Turbine Mro Market, 2023-2033 ($Million)
Figure 42. Japan Steam Turbine Mro Market, 2023-2033 ($Million)
Figure 43. India Steam Turbine Mro Market, 2023-2033 ($Million)
Figure 44. South Korea Steam Turbine Mro Market, 2023-2033 ($Million)
Figure 45. Australia Steam Turbine Mro Market, 2023-2033 ($Million)
Figure 46. Rest of Asia-Pacific Steam Turbine Mro Market, 2023-2033 ($Million)
Figure 47. Brazil Steam Turbine Mro Market, 2023-2033 ($Million)
Figure 48. Saudi Arabia Steam Turbine Mro Market, 2023-2033 ($Million)
Figure 49. South Africa Steam Turbine Mro Market, 2023-2033 ($Million)
Figure 50. Rest of LAMEA Steam Turbine Mro Market, 2023-2033 ($Million)
Figure 51. Top Winning Strategies, by Year (2022-2024)
Figure 52. Top Winning Strategies, by Development (2022-2024)
Figure 53. Top Winning Strategies, by Company (2022-2024)
Figure 54. Product Mapping of Top 10 Players
Figure 55. Competitive Dashboard
Figure 56. Competitive Heatmap: Steam Turbine Mro Market
Figure 57. Top Player Positioning, 2023
Figure 58. Hd Hyundai Heavy Industries Co. Ltd.: Net Sales, 2021-2023 ($Million)
Figure 59. Hd Hyundai Heavy Industries Co. Ltd.: Revenue Share by Segment, 2023 (%)
Figure 60. Siemens AG: Net Revenue, 2022-2024 ($Million)
Figure 61. Siemens AG: Revenue Share by Segment, 2024 (%)
Figure 62. Siemens AG: Revenue Share by Region, 2024 (%)
Figure 63. Shanghai Electric: Net Revenue, 2021-2023 ($Million)
Figure 64. Shanghai Electric: Revenue Share by Segment, 2023 (%)
Figure 65. Sulzer Ltd.: Net Sales, 2021-2023 ($Million)
Figure 66. Sulzer Ltd.: Revenue Share by Segment, 2023 (%)
Figure 67. Sulzer Ltd.: Revenue Share by Region, 2023 (%)
Figure 68. General Electric Company: Net Revenue, 2021-2023 ($Million)
Figure 69. General Electric Company: Research & Development Expenditure, 2021-2023 ($Million)
Figure 70. General Electric Company: Revenue Share by Segment, 2023 (%)
Figure 71. General Electric Company: Revenue Share by Region, 2023 (%)

Companies Mentioned

  • Kessels
  • Ansaldo Energia
  • Siemens AG
  • Mitsubishi Power
  • General Electric Company
  • Shanghai Electric
  • Stork
  • HD Hyundai Heavy Industries Co., Ltd.
  • Sulzer Ltd
  • Elliott Group IE

Methodology

The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.

They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.

They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:

  • Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic news articles and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast

Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.

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