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Gas Turbine MRO-Global Market Insights and Sales Trends 2025
Synopsis
Maintenance, repair and operations (MRO), also maintenance, repair and overhaul, fixing or maintaining any sort of mechanical, plumbing or electrical equipment.
The global Gas Turbine MRO market size is expected to reach US$ 14590 million by 2029, growing at a CAGR of 2.9% from 2023 to 2029. The market is mainly driven by the significant applications of Gas Turbine MRO in various end use industries. The expanding demands from the Power, Oil and Gas and Other, are propelling Gas Turbine MRO market. Maintenance, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Repair and Overhaul segment is estimated at % CAGR for the next seven-year period.
The power industry was the major end-user segment to gas turbine MRO market.
Report Objectives
This report provides market insight on the different segments, by players, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Gas Turbine MRO, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Gas Turbine MRO market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Gas Turbine MRO market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Gas Turbine MRO sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Gas Turbine MRO covered in this report include GE, KHI, Ansaldo Energia, MHPS, Siemens, ABB, MAN Diesel & Turbo, MTU Aero Engines and Solar Turbines, etc.
The global Gas Turbine MRO market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
GE
KHI
Ansaldo Energia
MHPS
Siemens
ABB
MAN Diesel & Turbo
MTU Aero Engines
Solar Turbines
Sulzer
Zorya-Mashproekt
Global Gas Turbine MRO market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Gas Turbine MRO market, Segment by Type:
Maintenance
Repair and Overhaul
Global Gas Turbine MRO market, by Application
Power
Oil and Gas
Other
Core Chapters
Chapter One: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2029). It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter Two: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter Three: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter Four: Detailed analysis of Gas Turbine MRO companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Five: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter Six, Seven, Eight, Nine and Ten: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter Eleven: this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Research Finding/Conclusion
Maintenance, repair and operations (MRO), also maintenance, repair and overhaul, fixing or maintaining any sort of mechanical, plumbing or electrical equipment.
The global Gas Turbine MRO market size is expected to reach US$ 14590 million by 2029, growing at a CAGR of 2.9% from 2023 to 2029. The market is mainly driven by the significant applications of Gas Turbine MRO in various end use industries. The expanding demands from the Power, Oil and Gas and Other, are propelling Gas Turbine MRO market. Maintenance, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Repair and Overhaul segment is estimated at % CAGR for the next seven-year period.
The power industry was the major end-user segment to gas turbine MRO market.
Report Objectives
This report provides market insight on the different segments, by players, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Gas Turbine MRO, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Gas Turbine MRO market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Gas Turbine MRO market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Gas Turbine MRO sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Gas Turbine MRO covered in this report include GE, KHI, Ansaldo Energia, MHPS, Siemens, ABB, MAN Diesel & Turbo, MTU Aero Engines and Solar Turbines, etc.
The global Gas Turbine MRO market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
GE
KHI
Ansaldo Energia
MHPS
Siemens
ABB
MAN Diesel & Turbo
MTU Aero Engines
Solar Turbines
Sulzer
Zorya-Mashproekt
Global Gas Turbine MRO market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Gas Turbine MRO market, Segment by Type:
Maintenance
Repair and Overhaul
Global Gas Turbine MRO market, by Application
Power
Oil and Gas
Other
Core Chapters
Chapter One: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2029). It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter Two: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter Three: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter Four: Detailed analysis of Gas Turbine MRO companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Five: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter Six, Seven, Eight, Nine and Ten: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter Eleven: this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Research Finding/Conclusion
Index1 Market Overview of Gas Turbine MRO
1.1 Gas Turbine MRO Market Overview
1.1.1 Gas Turbine MRO Product Scope
1.1.2 Gas Turbine MRO Market Status and Outlook
1.2 Global Gas Turbine MRO Market Size Overview by Region 2018 VS 2022 VS 2029
1.3 Global Gas Turbine MRO Market Size by Region (2018-2029)
1.4 Global Gas Turbine MRO Historic Market Size by Region (2018-2023)
1.5 Global Gas Turbine MRO Market Size Forecast by Region (2024-2029)
1.6 Key Regions, Gas Turbine MRO Market Size (2018-2029)
1.6.1 North America Gas Turbine MRO Market Size (2018-2029)
1.6.2 Europe Gas Turbine MRO Market Size (2018-2029)
1.6.3 Asia-Pacific Gas Turbine MRO Market Size (2018-2029)
1.6.4 Latin America Gas Turbine MRO Market Size (2018-2029)
1.6.5 Middle East & Africa Gas Turbine MRO Market Size (2018-2029)
2 Gas Turbine MRO Market by Type
2.1 Introduction
2.1.1 Maintenance
2.1.2 Repair and Overhaul
2.2 Global Gas Turbine MRO Market Size by Type: 2018 VS 2022 VS 2029
2.2.1 Global Gas Turbine MRO Historic Market Size by Type (2018-2023)
2.2.2 Global Gas Turbine MRO Forecasted Market Size by Type (2024-2029)
2.3 Key Regions Market Size by Type
2.3.1 North America Gas Turbine MRO Revenue Breakdown by Type (2018-2029)
2.3.2 Europe Gas Turbine MRO Revenue Breakdown by Type (2018-2029)
2.3.3 Asia-Pacific Gas Turbine MRO Revenue Breakdown by Type (2018-2029)
2.3.4 Latin America Gas Turbine MRO Revenue Breakdown by Type (2018-2029)
2.3.5 Middle East and Africa Gas Turbine MRO Revenue Breakdown by Type (2018-2029)
3 Gas Turbine MRO Market Overview by Application
3.1 Introduction
3.1.1 Power
3.1.2 Oil and Gas
3.1.3 Other
3.2 Global Gas Turbine MRO Market Size by Application: 2018 VS 2022 VS 2029
3.2.1 Global Gas Turbine MRO Historic Market Size by Application (2018-2023)
3.2.2 Global Gas Turbine MRO Forecasted Market Size by Application (2024-2029)
3.3 Key Regions Market Size by Application
3.3.1 North America Gas Turbine MRO Revenue Breakdown by Application (2018-2029)
3.3.2 Europe Gas Turbine MRO Revenue Breakdown by Application (2018-2029)
3.3.3 Asia-Pacific Gas Turbine MRO Revenue Breakdown by Application (2018-2029)
3.3.4 Latin America Gas Turbine MRO Revenue Breakdown by Application (2018-2029)
3.3.5 Middle East and Africa Gas Turbine MRO Revenue Breakdown by Application (2018-2029)
4 Gas Turbine MRO Competition Analysis by Players
4.1 Global Gas Turbine MRO Market Size by Players (2018-2023)
4.2 Global Top Players by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Gas Turbine MRO as of 2022)
4.3 Date of Key Players Enter into Gas Turbine MRO Market
4.4 Global Top Players Gas Turbine MRO Headquarters and Area Served
4.5 Key Players Gas Turbine MRO Product Solution and Service
4.6 Competitive Status
4.6.1 Gas Turbine MRO Market Concentration Rate
4.6.2 Mergers & Acquisitions, Expansion Plans
5 Company (Top Players) Profiles
5.1 GE
5.1.1 GE Profile
5.1.2 GE Main Business
5.1.3 GE Gas Turbine MRO Products, Services and Solutions
5.1.4 GE Gas Turbine MRO Revenue (US$ Million) & (2018-2023)
5.1.5 GE Recent Developments
5.2 KHI
5.2.1 KHI Profile
5.2.2 KHI Main Business
5.2.3 KHI Gas Turbine MRO Products, Services and Solutions
5.2.4 KHI Gas Turbine MRO Revenue (US$ Million) & (2018-2023)
5.2.5 KHI Recent Developments
5.3 Ansaldo Energia
5.3.1 Ansaldo Energia Profile
5.3.2 Ansaldo Energia Main Business
5.3.3 Ansaldo Energia Gas Turbine MRO Products, Services and Solutions
5.3.4 Ansaldo Energia Gas Turbine MRO Revenue (US$ Million) & (2018-2023)
5.3.5 MHPS Recent Developments
5.4 MHPS
5.4.1 MHPS Profile
5.4.2 MHPS Main Business
5.4.3 MHPS Gas Turbine MRO Products, Services and Solutions
5.4.4 MHPS Gas Turbine MRO Revenue (US$ Million) & (2018-2023)
5.4.5 MHPS Recent Developments
5.5 Siemens
5.5.1 Siemens Profile
5.5.2 Siemens Main Business
5.5.3 Siemens Gas Turbine MRO Products, Services and Solutions
5.5.4 Siemens Gas Turbine MRO Revenue (US$ Million) & (2018-2023)
5.5.5 Siemens Recent Developments
5.6 ABB
5.6.1 ABB Profile
5.6.2 ABB Main Business
5.6.3 ABB Gas Turbine MRO Products, Services and Solutions
5.6.4 ABB Gas Turbine MRO Revenue (US$ Million) & (2018-2023)
5.6.5 ABB Recent Developments
5.7 MAN Diesel & Turbo
5.7.1 MAN Diesel & Turbo Profile
5.7.2 MAN Diesel & Turbo Main Business
5.7.3 MAN Diesel & Turbo Gas Turbine MRO Products, Services and Solutions
5.7.4 MAN Diesel & Turbo Gas Turbine MRO Revenue (US$ Million) & (2018-2023)
5.7.5 MAN Diesel & Turbo Recent Developments
5.8 MTU Aero Engines
5.8.1 MTU Aero Engines Profile
5.8.2 MTU Aero Engines Main Business
5.8.3 MTU Aero Engines Gas Turbine MRO Products, Services and Solutions
5.8.4 MTU Aero Engines Gas Turbine MRO Revenue (US$ Million) & (2018-2023)
5.8.5 MTU Aero Engines Recent Developments
5.9 Solar Turbines
5.9.1 Solar Turbines Profile
5.9.2 Solar Turbines Main Business
5.9.3 Solar Turbines Gas Turbine MRO Products, Services and Solutions
5.9.4 Solar Turbines Gas Turbine MRO Revenue (US$ Million) & (2018-2023)
5.9.5 Solar Turbines Recent Developments
5.10 Sulzer
5.10.1 Sulzer Profile
5.10.2 Sulzer Main Business
5.10.3 Sulzer Gas Turbine MRO Products, Services and Solutions
5.10.4 Sulzer Gas Turbine MRO Revenue (US$ Million) & (2018-2023)
5.10.5 Sulzer Recent Developments
5.11 Zorya-Mashproekt
5.11.1 Zorya-Mashproekt Profile
5.11.2 Zorya-Mashproekt Main Business
5.11.3 Zorya-Mashproekt Gas Turbine MRO Products, Services and Solutions
5.11.4 Zorya-Mashproekt Gas Turbine MRO Revenue (US$ Million) & (2018-2023)
5.11.5 Zorya-Mashproekt Recent Developments
6 North America
6.1 North America Gas Turbine MRO Market Size by Country (2018-2029)
6.2 U.S.
6.3 Canada
7 Europe
7.1 Europe Gas Turbine MRO Market Size by Country (2018-2029)
7.2 Germany
7.3 France
7.4 U.K.
7.5 Italy
7.6 Russia
7.7 Nordic Countries
7.8 Rest of Europe
8 Asia-Pacific
8.1 Asia-Pacific Gas Turbine MRO Market Size by Region (2018-2029)
8.2 China
8.3 Japan
8.4 South Korea
8.5 Southeast Asia
8.6 India
8.7 Australia
8.8 Rest of Asia-Pacific
9 Latin America
9.1 Latin America Gas Turbine MRO Market Size by Country (2018-2029)
9.2 Mexico
9.3 Brazil
9.4 Rest of Latin America
10 Middle East & Africa
10.1 Middle East & Africa Gas Turbine MRO Market Size by Country (2018-2029)
10.2 Turkey
10.3 Saudi Arabia
10.4 UAE
10.5 Rest of Middle East & Africa
11 Gas Turbine MRO Market Dynamics
11.1 Gas Turbine MRO Industry Trends
11.2 Gas Turbine MRO Market Drivers
11.3 Gas Turbine MRO Market Challenges
11.4 Gas Turbine MRO Market Restraints
12 Research Finding /Conclusion
13 Methodology and Data Source
13.1 Methodology/Research Approach
13.1.1 Research Programs/Design
13.1.2 Market Size Estimation
13.1.3 Market Breakdown and Data Triangulation
13.2 Data Source
13.2.1 Secondary Sources
13.2.2 Primary Sources
13.3 Disclaimer
13.4 Author List
Published By : QY Research
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