Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Combustion Turbine Services Market by Type (Maintenance, New Installation, Repairs, Retrofits, ), By Application (Power Generation, Oil & Gas, Marine, Other, ) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Combustion Turbine Services Market by Type (Maintenance, New Installation, Repairs, Retrofits, ), By Application (Power Generation, Oil & Gas, Marine, Other, ) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 172839 3300 IT & Telecom 377 234 Pages 4.7 (31)
                                          

The global combustion turbine services market is expected to grow at a CAGR of 4.5% during the forecast period, from 2021 to 2030. The growth of this market is driven by the increasing demand for power generation and oil & gas applications in emerging economies such as India and China. The major players in this market are GE, Siemens, Mitsubishi Heavy Industries (MHI), Alstom, Ansaldo Energia, Dongfang Electric Corporation (DEC), Harbin Electric Company Limited (HEC) and Shanghai Electric Group Company Limited (SEC).

Some Of The Growth Factors Of This Market:

  1. The increasing demand for electricity in developing countries is expected to drive the growth of the Combustion Turbine Services market.
  2. The need for power generation in developing countries is expected to drive the growth of the Combustion Turbine Services market.
  3. The increasing demand for power generation in developed countries is expected to drive the growth of the Combustion Turbine Services market.
  4. Increasing investments by governments and private companies are expected to fuel the growth of this market over time, as they are looking at renewable energy sources such as wind and solar power, which require combustion turbines services for their operation and maintenance purposes.
  5. Increasing investments by governments and private companies are also driving this market due to their focus on reducing carbon emissions.

Industry Growth Insights published a new data on “Combustion Turbine Services Market”. The research report is titled “Combustion Turbine Services Market research by Types (Maintenance, New Installation, Repairs, Retrofits, ), By Applications (Power Generation, Oil & Gas, Marine, Other, ), By Players/Companies General Electric, Siemens, Sulzer AG, Mitsubishi Hitachi Power Systems, Kawasaki Heavy Industries, Mechanical Dynamics & Analysis, EthosEnergy, Ansaldo Energia, MAN Diesel & Turbo, Masaood John Brown, InnovMetric, TurbinePROs, Bharat Heavy Electricals, Solar Turbines, Centrax, OPRA Technologies, Shanghai Electric Group, Dresser-Rand Group, ”.

Scope Of The Report

Report Attributes

Report Details

Report Title

Combustion Turbine Services Market Research Report

By Type

Maintenance, New Installation, Repairs, Retrofits,

By Application

Power Generation, Oil & Gas, Marine, Other,

By Companies

General Electric, Siemens, Sulzer AG, Mitsubishi Hitachi Power Systems, Kawasaki Heavy Industries, Mechanical Dynamics & Analysis, EthosEnergy, Ansaldo Energia, MAN Diesel & Turbo, Masaood John Brown, InnovMetric, TurbinePROs, Bharat Heavy Electricals, Solar Turbines, Centrax, OPRA Technologies, Shanghai Electric Group, Dresser-Rand Group,

Regions Covered

North America, Europe, APAC, Latin America, MEA

Base Year

2021

Historical Year

2019 to 2020 (Data from 2010 can be provided as per availability)

Forecast Year

2030

Number of Pages

234

Number of Tables & Figures

164

Customization Available

Yes, the report can be customized as per your need.


Global Combustion Turbine Services Industry Outlook


Global Combustion Turbine Services Market Report Segments:

The global Combustion Turbine Services market is segmented on the basis of:

Types

Maintenance, New Installation, Repairs, Retrofits,

The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.

Applications

Power Generation, Oil & Gas, Marine, Other,

The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.

Some of the companies that are profiled in this report are:

  1. General Electric
  2. Siemens
  3. Sulzer AG
  4. Mitsubishi Hitachi Power Systems
  5. Kawasaki Heavy Industries
  6. Mechanical Dynamics & Analysis
  7. EthosEnergy
  8. Ansaldo Energia
  9. MAN Diesel & Turbo
  10. Masaood John Brown
  11. InnovMetric
  12. TurbinePROs
  13. Bharat Heavy Electricals
  14. Solar Turbines
  15. Centrax
  16. OPRA Technologies
  17. Shanghai Electric Group
  18. Dresser-Rand Group

Global Combustion Turbine Services Market Overview


Highlights of The Combustion Turbine Services Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. Maintenance
    2. New Installation
    3. Repairs
    4. Retrofits
  1. By Application:

    1. Power Generation
    2. Oil & Gas
    3. Marine
    4. Other
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Combustion Turbine Services Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.

Regional Analysis

  • North America
  • Europe
  • Asia Pacific
  • Middle East & Africa
  • Latin America

Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.

The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.

How you may use our products:

  • Correctly Positioning New Products
  • Market Entry Strategies
  • Business Expansion Strategies
  • Consumer Insights
  • Understanding Competition Scenario
  • Product & Brand Management
  • Channel & Customer Management
  • Identifying Appropriate Advertising Appeals

Global Combustion Turbine Services Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available

Frequently Asked Questions?


Combustion turbine services are a type of renewable energy that uses the heat from combustion to generate electricity. This process is similar to how traditional power plants use fossil fuels to create electricity.

Some of the major companies in the combustion turbine services market are General Electric, Siemens, Sulzer AG, Mitsubishi Hitachi Power Systems, Kawasaki Heavy Industries, Mechanical Dynamics & Analysis, EthosEnergy, Ansaldo Energia, MAN Diesel & Turbo, Masaood John Brown, InnovMetric, TurbinePROs, Bharat Heavy Electricals, Solar Turbines, Centrax, OPRA Technologies, Shanghai Electric Group, Dresser-Rand Group.

The combustion turbine services market is expected to register a CAGR of 4.5%.

                                            
1. Executive Summary

2. Assumptions and Acronyms Used

3. Research Methodology

4. Combustion Turbine Services Market Overview
   4.1. Introduction
      4.1.1. Market Taxonomy
      4.1.2. Market Definition
   4.2. Macro-Economic Factors
      4.2.1. Industry Outlook
   4.3. Combustion Turbine Services Market Dynamics
      4.3.1. Market Drivers
      4.3.2. Market Restraints
      4.3.3. Opportunity
      4.3.4. Market Trends
   4.4. Combustion Turbine Services Market - Supply Chain
   4.5. Global Combustion Turbine Services Market Forecast
      4.5.1. Combustion Turbine Services Market Size (US$ Mn) and Y-o-Y Growth
      4.5.2. Combustion Turbine Services Market Size (000’ Units) and Y-o-Y Growth
      4.5.3. Combustion Turbine Services Market Absolute $ Opportunity

5. Global Combustion Turbine Services Market Analysis and Forecast by Type
   5.1. Market Trends
   5.2. Introduction
      5.2.1. Basis Point Share (BPS) Analysis by Type
      5.2.2. Y-o-Y Growth Projections by Type
   5.3. Combustion Turbine Services Market Size and Volume Forecast by Type
      5.3.1. Maintenance
      5.3.2. New Installation
      5.3.3. Repairs
      5.3.4. Retrofits
   5.4. Absolute $ Opportunity Assessment by Type
   5.5. Market Attractiveness/Growth Potential Analysis by Type

6. Global Combustion Turbine Services Market Analysis and Forecast by Application
   6.1. Market Trends
   6.2. Introduction
      6.2.1. Basis Point Share (BPS) Analysis by Application
      6.2.2. Y-o-Y Growth Projections by Application
   6.3. Combustion Turbine Services Market Size and Volume Forecast by Application
      6.3.1. Power Generation
      6.3.2. Oil & Gas
      6.3.3. Marine
      6.3.4. Other
   6.4. Absolute $ Opportunity Assessment by Application
   6.5. Market Attractiveness/Growth Potential Analysis by Application

7. Global Combustion Turbine Services Market Analysis and Forecast by Sales Channel
   7.1. Market Trends
   7.2. Introduction
      7.2.1. Basis Point Share (BPS) Analysis by Sales Channel 
      7.2.2. Y-o-Y Growth Projections by Sales Channel
   7.3. Combustion Turbine Services Market Size and Volume Forecast by Sales Channel 
      7.3.1. Manufacturer/Distributor/Service Provider
      7.3.2. Aftermarket
   7.4. Absolute $ Opportunity Assessment by Sales Channel
   7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel

8. Global Combustion Turbine Services Market Analysis and Forecast by Region
   8.1. Market Trends
   8.2. Introduction
      8.2.1. Basis Point Share (BPS) Analysis by Region
      8.2.2. Y-o-Y Growth Projections by Region
   8.3. Combustion Turbine Services Market Size and Volume Forecast by Region
      8.3.1. North America
      8.3.2. Latin America
      8.3.3. Europe
      8.3.4. Asia Pacific
      8.3.5. Middle East and Africa (MEA)
   8.4. Absolute $ Opportunity Assessment by Region
   8.5. Market Attractiveness/Growth Potential Analysis by Region
   8.6. Global Combustion Turbine Services Demand Share Forecast, 2019-2026

9. North America Combustion Turbine Services Market Analysis and Forecast
   9.1. Introduction
      9.1.1. Basis Point Share (BPS) Analysis by Country
      9.1.2. Y-o-Y Growth Projections by Country
   9.2. North America Combustion Turbine Services Market Size and Volume Forecast by Country
      9.2.1. U.S.
      9.2.2. Canada
   9.3. Absolute $ Opportunity Assessment by Country
   9.4. North America Combustion Turbine Services Market Size and Volume Forecast by Application
      9.4.1. Power Generation
      9.4.2. Oil & Gas
      9.4.3. Marine
      9.4.4. Other
   9.5. Basis Point Share (BPS) Analysis by Application
   9.6. Y-o-Y Growth Projections by Application
   9.7. North America Combustion Turbine Services Market Size and Volume Forecast by Type
      9.7.1. Maintenance
      9.7.2. New Installation
      9.7.3. Repairs
      9.7.4. Retrofits
   9.8. Basis Point Share (BPS) Analysis by Type
   9.9. Y-o-Y Growth Projections by Type
   9.10. Market Attractiveness/Growth Potential Analysis
      9.10.1. By Country
      9.10.2. By Product Type
      9.10.3. By Application
      9.10.4. By Sales Channel
   9.11. North America Combustion Turbine Services Demand Share Forecast, 2019-2026

10. Latin America Combustion Turbine Services Market Analysis and Forecast
   10.1. Introduction
      10.1.1. Basis Point Share (BPS) Analysis by Country
      10.1.2. Y-o-Y Growth Projections by Country
      10.1.3. Latin America Average Pricing Analysis
   10.2. Latin America Combustion Turbine Services Market Size and Volume Forecast by Country
      10.2.1. Brazil
      10.2.2. Mexico
      10.2.3. Rest of Latin America
   10.3. Absolute $ Opportunity Assessment by Country
   10.4. Latin America Combustion Turbine Services Market Size and Volume Forecast by Application
      10.4.1. Power Generation
      10.4.2. Oil & Gas
      10.4.3. Marine
      10.4.4. Other
    10.5. Basis Point Share (BPS) Analysis by Application
   10.6. Y-o-Y Growth Projections by Application
   10.7. Latin America Combustion Turbine Services Market Size and Volume Forecast by Type
      10.7.1. Maintenance
      10.7.2. New Installation
      10.7.3. Repairs
      10.7.4. Retrofits
    10.8. Basis Point Share (BPS) Analysis by Type
   10.9. Y-o-Y Growth Projections by Type
   10.10. Market Attractiveness/Growth Potential Analysis
      10.10.1. By Country
      10.10.2. By Product Type
      10.10.3. By Application
      10.10.4. By Sales Channel
   10.11. Latin America Combustion Turbine Services Demand Share Forecast, 2019-2026

11. Europe Combustion Turbine Services Market Analysis and Forecast
   11.1. Introduction
      11.1.1. Basis Point Share (BPS) Analysis by Country
      11.1.2. Y-o-Y Growth Projections by Country
      11.1.3. Europe Average Pricing Analysis
   11.2. Europe Combustion Turbine Services Market Size and Volume Forecast by Country
      11.2.1. Germany
      11.2.2. France
      11.2.3. Italy
      11.2.4. U.K.
      11.2.5. Spain
      11.2.6. Russia
      11.2.7. Rest of Europe
   11.3. Absolute $ Opportunity Assessment by Country
   11.4. Europe Combustion Turbine Services Market Size and Volume Forecast by Application
      11.4.1. Power Generation
      11.4.2. Oil & Gas
      11.4.3. Marine
      11.4.4. Other
    11.5. Basis Point Share (BPS) Analysis by Application
   11.6. Y-o-Y Growth Projections by Application
   11.7. Europe Combustion Turbine Services Market Size and Volume Forecast by Type
      11.7.1. Maintenance
      11.7.2. New Installation
      11.7.3. Repairs
      11.7.4. Retrofits
    11.8. Basis Point Share (BPS) Analysis by Type
   11.9. Y-o-Y Growth Projections by Type
   11.10. Market Attractiveness/Growth Potential Analysis
      11.10.1. By Country
      11.10.2. By Product Type
      11.10.3. By Application
      11.10.4. By Sales Channel
   11.11. Europe Combustion Turbine Services Demand Share, 2019-2026

12. Asia Pacific Combustion Turbine Services Market Analysis and Forecast
   12.1. Introduction
      12.1.1. Basis Point Share (BPS) Analysis by Country
      12.1.2. Y-o-Y Growth Projections by Country
      12.1.3. Asia Pacific Average Pricing Analysis
   12.2. Asia Pacific Combustion Turbine Services Market Size and Volume Forecast by Country
      12.2.1. China
      12.2.2. Japan
      12.2.3. South Korea
      12.2.4. India
      12.2.5. Australia
      12.2.6. Rest of Asia Pacific (APAC)
   12.3. Absolute $ Opportunity Assessment by Country
   12.4. Asia Pacific Combustion Turbine Services Market Size and Volume Forecast by Application
      12.4.1. Power Generation
      12.4.2. Oil & Gas
      12.4.3. Marine
      12.4.4. Other
    12.5. Basis Point Share (BPS) Analysis by Application
   12.6. Y-o-Y Growth Projections by Application
   12.7. Asia Pacific Combustion Turbine Services Market Size and Volume Forecast by Type
      12.7.1. Maintenance
      12.7.2. New Installation
      12.7.3. Repairs
      12.7.4. Retrofits
    12.8. Basis Point Share (BPS) Analysis by Type
   12.9. Y-o-Y Growth Projections by Type
   12.10. Market Attractiveness/Growth Potential Analysis
      12.10.1. By Country
      12.10.2. By Product Type
      12.10.3. By Application
      12.10.4. By Sales Channel
   12.11. Asia Pacific Combustion Turbine Services Demand Share, 2019-2026

13. Middle East & Africa Combustion Turbine Services Market Analysis and Forecast
   13.1. Introduction
      13.1.1. Basis Point Share (BPS) Analysis by Country
      13.1.2. Y-o-Y Growth Projections by Country
      13.1.3. Asia Pacific Average Pricing Analysis
   13.2. Middle East & Africa Combustion Turbine Services Market Size and Volume Forecast by Country
      13.2.1. Saudi Arabia
      13.2.2. South Africa
      13.2.3. UAE
      13.2.4. Rest of Middle East & Africa (MEA)
   13.3. Absolute $ Opportunity Assessment by Country
   13.4. Middle East & Africa Combustion Turbine Services Market Size and Volume Forecast by Application
      13.4.1. Power Generation
      13.4.2. Oil & Gas
      13.4.3. Marine
      13.4.4. Other
    13.5. Basis Point Share (BPS) Analysis by Application
   13.6. Y-o-Y Growth Projections by Application
   13.7. Middle East & Africa Combustion Turbine Services Market Size and Volume Forecast by Type
      13.7.1. Maintenance
      13.7.2. New Installation
      13.7.3. Repairs
      13.7.4. Retrofits
    13.8. Basis Point Share (BPS) Analysis by Type
   13.9. Y-o-Y Growth Projections by Type
   13.10. Market Attractiveness/Growth Potential Analysis
      13.10.1. By Country
      13.10.2. By Product Type
      13.10.3. By Application
      13.10.4. By Sales Channel
   13.11. Middle East & Africa Combustion Turbine Services Demand Share, 2019-2026

14. Competition Landscape
   14.1. Global Combustion Turbine Services Market: Market Share Analysis
   14.2. Combustion Turbine Services Distributors and Customers
   14.3. Combustion Turbine Services Market: Competitive Dashboard
   14.4. Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.4.1. General Electric
         14.4.1.1. Overview
         14.4.1.2. Financials
         14.4.1.3. Developments
         14.4.1.4. Strategic Outlook
      14.4.2. Siemens
         14.4.2.1. Overview
         14.4.2.2. Financials
         14.4.2.3. Developments
         14.4.2.4. Strategic Outlook
      14.4.3. Sulzer AG
         14.4.3.1. Overview
         14.4.3.2. Financials
         14.4.3.3. Developments
         14.4.3.4. Strategic Outlook
      14.4.4. Mitsubishi Hitachi Power Systems
         14.4.4.1. Overview
         14.4.4.2. Financials
         14.4.4.3. Developments
         14.4.4.4. Strategic Outlook
      14.4.5. Kawasaki Heavy Industries
         14.4.5.1. Overview
         14.4.5.2. Financials
         14.4.5.3. Developments
         14.4.5.4. Strategic Outlook
      14.4.6. Mechanical Dynamics & Analysis
         14.4.6.1. Overview
         14.4.6.2. Financials
         14.4.6.3. Developments
         14.4.6.4. Strategic Outlook
      14.4.7. EthosEnergy
         14.4.7.1. Overview
         14.4.7.2. Financials
         14.4.7.3. Developments
         14.4.7.4. Strategic Outlook
      14.4.8. Ansaldo Energia
         14.4.8.1. Overview
         14.4.8.2. Financials
         14.4.8.3. Developments
         14.4.8.4. Strategic Outlook
      14.4.9. MAN Diesel & Turbo
         14.4.9.1. Overview
         14.4.9.2. Financials
         14.4.9.3. Developments
         14.4.9.4. Strategic Outlook
      14.4.10. Masaood John Brown
         14.4.10.1. Overview
         14.4.10.2. Financials
         14.4.10.3. Developments
         14.4.10.4. Strategic Outlook
      14.4.11. InnovMetric
         14.4.11.1. Overview
         14.4.11.2. Financials
         14.4.11.3. Developments
         14.4.11.4. Strategic Outlook
      14.4.12. TurbinePROs
         14.4.12.1. Overview
         14.4.12.2. Financials
         14.4.12.3. Developments
         14.4.12.4. Strategic Outlook
      14.4.13. Bharat Heavy Electricals
         14.4.13.1. Overview
         14.4.13.2. Financials
         14.4.13.3. Developments
         14.4.13.4. Strategic Outlook
      14.4.14. Solar Turbines
         14.4.14.1. Overview
         14.4.14.2. Financials
         14.4.14.3. Developments
         14.4.14.4. Strategic Outlook
      14.4.15. Centrax
         14.4.15.1. Overview
         14.4.15.2. Financials
         14.4.15.3. Developments
         14.4.15.4. Strategic Outlook
      14.4.16. OPRA Technologies
         14.4.16.1. Overview
         14.4.16.2. Financials
         14.4.16.3. Developments
         14.4.16.4. Strategic Outlook
      14.4.17. Shanghai Electric Group
         14.4.17.1. Overview
         14.4.17.2. Financials
         14.4.17.3. Developments
         14.4.17.4. Strategic Outlook
      14.4.18. Dresser-Rand Group
         14.4.18.1. Overview
         14.4.18.2. Financials
         14.4.18.3. Developments
         14.4.18.4. Strategic Outlook
      14.4.19. 
         14.4.19.1. Overview
         14.4.19.2. Financials
         14.4.19.3. Developments
         14.4.19.4. Strategic Outlook
      14.4.20. COMPANY 20
         14.4.20.1. Overview
         14.4.20.2. Financials
         14.4.20.3. Developments
         14.4.20.4. Strategic Outlook

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