About Gas Turbine MRO
Gas turbines are mainly used in gas-fired power plants for power generation. Natural gas is used as a source of fuel in gas turbines owing to lesser carbon emissions when compared with coal. Owing to advancements in technology, gas turbines provide better output at higher efficiencies. The efficiency of gas turbines has increased drastically from 15% to nearly 60%. To maintain the efficiency of gas turbines during their lifetime, MRO services are used.
Technavio’s analysts forecast the global gas turbine MRO market to grow at a CAGR of 4.14% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global gas turbine MRO market for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography:
• North America
• APAC
• Europe
• ROW
Technavio's report, Global Gas Turbine MRO Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
• Ansaldo Energia
• GE
• KHI
• MHPS
• Siemens
Other prominent vendors
• ABB
• MAN Diesel & Turbo
• MTU AERO ENGINES
• Solar Turbines
• Sulzer
• Zorya-Mashproekt
Market driver
• Shutting down of coal-based power plants
• For a full, detailed list, view our report
Market challenge
• Declining oil prices
• For a full, detailed list, view our report
Market trend
• Market consolidation
• For a full, detailed list, view our report
Key questions answered in this report
• What will the market size be in 2021 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report.
Table of Contents
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Research Methodology
PART 04: Introduction
• Market outline
PART 05: Market landscape
• Market overview
• Market size and forecast
• Five forces analysis
PART 06: Segmentation by end-user
• Market overview
• Global gas turbine MRO market by power segment
• Global gas turbine MRO market by oil and gas segment
PART 07: Geographical segmentation
• Market overview
• Gas turbine MRO market in North America
• Gas turbine MRO market in Europe
• Gas turbine MRO market in APAC
PART 08: Key leading countries
• Key leading countries
PART 09: Decision framework
PART 10: Drivers and challenges
• Market drivers
• Market challenges
PART 11: Market trends
• Market consolidation
• Long-term service agreements for major vendors
• Technological innovations in gas turbines
PART 12: Vendor landscape
• Competitive scenario
• Other prominent vendors
PART 13: Key vendor analysis
• Ansaldo Energia
• GE
• KHI
• MHPS
• Siemens
PART 14: Appendix
• List of abbreviations
List of Exhibits
Exhibit 01: Global gas turbine MRO market by geography 2016-2021
Exhibit 02: Market overview
Exhibit 03: Global gas turbine MRO market 2016-2021 ($ billions)
Exhibit 04: Five forces analysis
Exhibit 05: Global gas turbine MRO market: Segmentation by end-user 2016 and 2021 (%)
Exhibit 06: Global gas turbine MRO market by power segment 2016-2021 ($ billions)
Exhibit 07: Global gas turbine MRO market by oil and gas segment 2016-2021 ($ billions)
Exhibit 08: Historical trend of average price of crude oil 2010-2016 ($/barrel)
Exhibit 09: Global gas turbine MRO market segmentation by geography 2016 and 2021 (%)
Exhibit 10: Gas turbine MRO market in North America 2016-2021 ($ billions)
Exhibit 11: Scheduled natural gas power plant capacity additions in US 2017-2018 (GW)
Exhibit 12: Gas turbine MRO market in Europe 2016-2021 ($ billions)
Exhibit 13: Gas turbine MRO market in APAC 2016-2021 ($ billions)
Exhibit 14: Power mix in India as of March 2017 (%)
Exhibit 15: Additions of installed capacities by 2022
Exhibit 16: Key leading countries
Exhibit 17: Europe carbon emission from all sectors 2009-2014 (million tons of CO? equivalent)
Exhibit 18: Historical trend of average price of crude oil 2010-2016 ($/barrel)
Exhibit 19: Global market share of installed capacity of solar power plants 2000-2015
Exhibit 20: Nuclear reactors under planning/planned and construction for 10 countries March 2017
Exhibit 21: Product and services by Ansaldo Energia
Exhibit 22: Product offerings by GE
Exhibit 23: Product offerings in gas turbines
Exhibit 24: Services offered by GE
Exhibit 25: Product groups and offerings by KHI
Exhibit 26: Gas turbine offerings by KHI
Exhibit 27: Product groups and offerings by MHPS
Exhibit 28: Product offerings: Gas turbines
Exhibit 29: Services for gas turbines offered by MHPS
Exhibit 30: Product offerings by Siemens
Exhibit 31: Gas turbines offered by Siemens
