Global Gas Turbine Services Market Size Study & Forecast, by Turbine Type (Industrial, Heavy-duty), by Service Provider (OEM, Non-OEM), by Turbine Capacity, by Service Type, by End-use and Regional Forecasts 2025-2035

The Global Gas Turbine Services Market is valued approximately at USD 40.06 billion in 2024 and is anticipated to accelerate at a strong compound annual growth rate (CAGR) of 8.70% throughout the forecast period 2025-2035. As the world shifts toward more efficient, cleaner energy production systems, gas turbines have become a linchpin in power generation, especially in fast-developing economies and energy-intensive industries. Gas turbine services encompass maintenance, repair, and overhaul (MRO), upgrades, and operational support—essentials that ensure performance efficiency, reduce downtime, and extend lifecycle value. With aging turbine fleets across the globe and an uptick in power plant construction driven by urbanization and industrial growth, the demand for comprehensive gas turbine servicing is poised to witness significant expansion.

Heightened attention on lowering emissions and optimizing turbine output has triggered a spike in both planned and unplanned maintenance activities. Gas turbines, known for their ability to operate on a range of fuels—from natural gas to hydrogen blends—are increasingly being used in hybrid systems and peaker plants to stabilize energy grids during load fluctuations. As a result, service contracts are not only becoming more customized and predictive but are also increasingly supported by data analytics, digital twins, and AI-driven diagnostics. Players in the sector are actively adopting digital service portfolios that offer remote monitoring, predictive maintenance, and performance benchmarking, allowing utilities and industries to preempt mechanical failures while achieving operational savings. Additionally, the growth in non-OEM service providers offering cost-effective alternatives has intensified the competitive landscape, giving end-users more flexibility and bargaining power.

Regionally, North America held a dominant position in 2024 and is expected to maintain its stronghold, fueled by the ongoing refurbishment of aging gas turbines, adoption of combined-cycle power plants, and governmental efforts to transition to lower-carbon energy sources. The United States continues to drive regional demand with its extensive gas-fired capacity and rising integration of renewable energy, which requires gas turbines to act as dependable backup power sources. Meanwhile, Europe is steadily progressing with decarbonization mandates, fueling investment in high-efficiency turbines and after-market services. Asia Pacific is projected to be the fastest-growing region during the forecast period. Countries such as China, India, and Indonesia are rapidly scaling up electricity generation capacity, particularly in remote areas, which is propelling the uptake of gas turbines and their associated services. Additionally, growing industrialization, infrastructure development, and increasing electricity demand further amplify the need for consistent servicing frameworks in the region.

Major market player included in this report are:
• General Electric
• Mitsubishi Power
• Siemens Energy
• Solar Turbines
• Kawasaki Heavy Industries
• Rolls-Royce Holdings PLC
• MAN Energy Solutions
• MTU Aero Engines AG
• Sulzer Ltd.
• EthosEnergy Group
• Centrax Gas Turbines
• Doosan Heavy Industries & Construction
• Bharat Heavy Electricals Limited
• Ansaldo Energia
• Harbin Electric Machinery Company Limited

Global Gas Turbine Services Market Report Scope:
• Historical Data – 2023, 2024
• Base Year for Estimation – 2024
• Forecast period – 2025-2035
• Report Coverage – Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
• Regional Scope – North America; Europe; Asia Pacific; Latin America; Middle East & Africa

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values for the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within the countries involved in the study. The report also provides detailed information about crucial aspects, such as driving factors and challenges, which will define the future growth of the market. Additionally, it incorporates potential opportunities in micro-markets for stakeholders to invest, along with a detailed analysis of the competitive landscape and product offerings of key players.

The detailed segments and sub-segments of the market are explained below:

By Turbine Type:
• Industrial
• Heavy-duty

By Service Provider:
• OEM
• Non-OEM

By Turbine Capacity:
• ≤200 MW
• >200 MW

By Service Type:
• Maintenance & Repair
• Overhaul
• Spare Parts Supply
• Others

By End-use:
• Power Generation
• Oil & Gas
• Marine
• Aerospace
• Others

By Region:

North America
• U.S.
• Canada

Europe
• UK
• Germany
• France
• Spain
• Italy
• Rest of Europe

Asia Pacific
• China
• India
• Japan
• Australia
• South Korea
• Rest of Asia Pacific

Latin America
• Brazil
• Mexico

Middle East & Africa
• UAE
• Saudi Arabia
• South Africa
• Rest of Middle East & Africa

Key Takeaways:
• Market Estimates & Forecast for 10 years from 2025 to 2035.
• Annualized revenues and regional level analysis for each market segment.
• Detailed analysis of geographical landscape with Country level analysis of major regions.
• Competitive landscape with information on major players in the market.
• Analysis of key business strategies and recommendations on future market approach.
• Analysis of competitive structure of the market.
• Demand side and supply side analysis of the market.

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