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Global Power Plant Services Markets

Global Power Plant Services Markets

Power plant services represent a growing market that offers steady revenue and solid growth in contrast with the more cyclical market for new-build power stations. The global power plant market is expected to reach $􂀀 billion in 2021 at a compound annual growth rate (CAGR) of 􂀀% from 2014 to 2021.

While the market declined in Western Europe in 2014 and growth continued to be sluggish in Central & Eastern Europe, much of the rest of the world—in particular, the emerging markets—recorded solid growth. Most emerging markets were buoyed by a resumption of good economic growth and continued large-scale investments in coal and gas assets to cater to burgeoning populations and a rapidly expanding middle class.

The fastest-growing regions will be the Association of Southeast Asian Nations (ASEAN), India, and China. Europe and North America are expected to have the slowest rate of expansion. Services for gas turbines will grow faster than those for other equipment. This will gradually enable non-OEM (original equipment manufacturers) service providers to expand their offerings through reverse-engineered parts.

The balance of power will continue its shift towards the emerging economies, as they increasingly liberalise not only their power but also their gas markets, which will allow for a much greater penetration of modern gas-fired plants that attract higher outsourced maintenance spend. The combined share of China, India, and ASEAN is forecast to rise from 􂀀% in 2014 to 􂀀% in 2021.


  • Executive Summary
    • Executive Summary-Market Engineering Measurements
    • Executive Summary-CEO's Perspective
    • The Last Word-Three Big Predictions
    • Associated Multimedia and Related Research
  • Global Market Overview
    • Market Overview-Definitions
    • Market Overview-Specific Exclusions
    • Market Overview-Segmentation
    • Market Overview-Key Questions This Study Will Answer
    • Market Overview-Global Prospects
  • Forecasts and Trends-Power Plant Services Market
    • Market Engineering Measurements
      • Table Power Plant Services Market: Market Engineering Measurements, Global, 2014
    • Revenue Forecast
      • Table Power Plant Services Market: Revenue Forecast, Global, 2011-2021
    • Percent Revenue Forecast by Region
    • Revenue Forecast by Region
      • Table Power Plant Services Market: Revenue Forecast by Region, Global, 2011-2021
    • Market Growth Correlation with Electricity Consumption
    • Percent Revenue Forecast by Equipment
      • Table Power Plant Services Market: Percent Revenue Forecast by Equipment, Global, 2011-2021
    • Revenue Forecast by Equipment
      • Table Power Plant Services Market: Revenue Forecast by Equipment, Global, 2011-2021
    • Percent Revenue Forecast by Region for Steam Turbine Services
    • CAGR for Steam Turbine Services by Region
    • Revenue Forecast by Region for Steam Turbine Services
      • Table Power Plant Services Market: Revenue Forecast by Region for Steam Turbine Services, Global, 2011-2021
    • Percent Revenue Forecast by Region for Gas Turbine Services
    • CAGR for Gas Turbine Services by Region
    • Revenue Forecast by Region for Gas Turbine Services
      • Table Power Plant Services Market: Revenue Forecast by Region for Gas Turbine Services, Global, 2011-2021
    • Percent Revenue Forecast by Region for Boiler and HRSG Services
    • CAGR for Boiler and HRSG Services by Region
    • Revenue Forecast by Region for Boiler and HRSG Services
      • Table Power Plant Services Market: Revenue Forecast by Region for Boiler and HRSG Services, Global, 2011-2021
    • Revenue Forecast by Plant Type
    • Percent Revenue Forecast by End-user Type
    • Revenue Forecast Discussion
    • Gas Turbine Services Technology Curve
    • Competitive Structure
    • Key Competitors by Region
  • Western Europe Analysis-External Challenges: Drivers and Restraints
    • Market Drivers
    • Drivers Explained
    • Market Restraints
    • Restraints Explained
  • Forecasts and Trends
    • Market Engineering Measurements
      • Table Power Plant Services Market: Market Engineering Measurements, Western Europe, 2014
    • Revenue Forecast
      • Table Power Plant Services Market: Revenue Forecast, Western Europe, 2011-2021
    • Percent Revenue Forecast by Equipment
      • Table Power Plant Services Market: Percent Revenue Forecast by Equipment, Western Europe, 2011-2021
    • Revenue Forecast by Equipment
      • Table Power Plant Services Market: Revenue Forecast by Equipment, Western Europe, 2011-2021
    • Revenue Forecast by Plant Type
    • Percent Revenue Forecast by End-user Type
    • Revenue Forecast Discussion
  • Central & Eastern Europe Analysis-External Challenges: Drivers and Restraints
    • Market Drivers
    • Drivers Explained
    • Market Restraints
    • Restraints Explained
  • Forecasts and Trends
    • Market Engineering Measurements
      • Table Power Plant Services Market: Market Engineering Measurements, Central & Eastern Europe, 2014
    • Revenue Forecast
      • Table Power Plant Services Market: Revenue Forecast, Central & Eastern Europe, 2011-2021
    • Percent Revenue Forecast by Equipment
      • Table Power Plant Services Market: Percent Revenue Forecast by Equipment, Central & Eastern Europe, 2011-2021
    • Revenue Forecast by Equipment
      • Table Power Plant Services Market: Revenue Forecast by Equipment, Central & Eastern Europe, 2011-2021
    • Revenue Forecast by Plant Type
    • Percent Revenue Forecast by End-user Type
    • Revenue Forecast Discussion
  • Russia Analysis-External Challenges: Drivers and Restraints
    • Market Drivers
    • Drivers Explained
    • Market Restraints
    • Restraints Explained
  • Forecasts and Trends
    • Market Engineering Measurements
      • Table Power Plant Services Market: Market Engineering Measurements, Russia, 2014
    • Revenue Forecast
      • Table Power Plant Services Market: Revenue Forecast, Russia, 2011-2021
    • Percent Revenue Forecast by Equipment
      • Table Power Plant Services Market: Percent Revenue Forecast by Equipment, Russia, 2011-2021
    • Revenue Forecast by Equipment
      • Table Power Plant Services Market: Revenue Forecast by Equipment, Russia, 2011-2021
    • Revenue Forecast by Plant Type
    • Percent Revenue Forecast by End-user Type
    • Revenue Forecast Discussion
  • Middle East Analysis-External Challenges: Drivers and Restraints
    • Market Drivers
    • Drivers Explained
    • Market Restraints
    • Restraints Explained
  • Forecasts and Trends
    • Market Engineering Measurements
      • Table Power Plant Services Market: Market Engineering Measurements, Middle East, 2014
    • Revenue Forecast
      • Table Power Plant Services Market: Revenue Forecast, Middle East, 2011-2021
    • Percent Revenue Forecast by Equipment
      • Table Power Plant Services Market: Percent Revenue Forecast by Equipment, Middle East, 2011-2021
    • Revenue Forecast by Equipment
      • Table Power Plant Services Market: Revenue Forecast by Equipment, Middle East, 2011-2021
    • Revenue Forecast by Plant Type
    • Percent Revenue Forecast by End-user Type
    • Revenue Forecast Discussion
  • Africa Analysis-External Challenges: Drivers and Restraints
    • Market Drivers
    • Drivers Explained
    • Market Restraints
    • Restraints Explained
  • Forecasts and Trends
    • Market Engineering Measurements
      • Table Power Plant Services Market: Market Engineering Measurements, Africa, 2014
    • Revenue Forecast
      • Table Power Plant Services Market: Revenue Forecast, Africa, 2011-2021
    • Percent Revenue Forecast by Equipment
      • Table Power Plant Services Market: Percent Revenue Forecast by Equipment, Africa, 2011-2021
    • Revenue Forecast by Equipment
      • Table Power Plant Services Market: Revenue Forecast by Equipment, Africa, 2011-2021
    • Revenue Forecast by Plant Type
    • Percent Revenue Forecast by End-User Type
    • Revenue Forecast Discussion
  • North America Analysis-External Challenges: Drivers and Restraints
    • Market Drivers
    • Drivers Explained
    • Market Restraints
    • Restraints Explained
  • Forecasts and Trends
    • Market Engineering Measurements
      • Table Power Plant Services Market: Market Engineering Measurements, North America, 2014
    • Revenue Forecast
      • Table Power Plant Services Market: Revenue Forecast, North America, 2011-2021
    • Percent Revenue Forecast by Equipment
      • Table Power Plant Services Market: Percent Revenue Forecast by Equipment, North America, 2011-2021
    • Revenue Forecast by Equipment
      • Table Power Plant Services Market: Revenue Forecast by Equipment, North America, 2011-2021
    • Revenue Forecast by Plant Type
    • Percent Revenue Forecast by End-user Type
    • Revenue Forecast Discussion
  • Latin America Analysis-External Challenges: Drivers and Restraints
    • Market Drivers
    • Drivers Explained
    • Market Restraints
    • Restraints Explained
  • Forecasts and Trends
    • Market Engineering Measurements
      • Table Power Plant Services Market: Market Engineering Measurements, Latin America, 2014
    • Revenue Forecast
      • Table Power Plant Services Market: Revenue Forecast, Latin America, 2011-2021
    • Percent Revenue Forecast by Equipment
      • Table Power Plant Services Market: Percent Revenue Forecast by Equipment, Latin America, 2011-2021
    • Revenue Forecast by Equipment
      • Table Power Plant Services Market: Revenue Forecast by Equipment, Latin America, 2011-2021
    • Revenue Forecast by Plant Type
    • Percent Revenue Forecast by End-User Type
    • Revenue Forecast Discussion
  • China Analysis-External Challenges: Drivers and Restraints
    • Market Drivers
    • Drivers Explained
    • Market Restraints
    • Restraints Explained
  • Forecasts and Trends
    • Market Engineering Measurements
      • Table Power Plant Services Market: Market Engineering Measurements, China, 2014
    • Revenue Forecast
      • Table Power Plant Services Market: Revenue Forecast, China, 2011-2021
    • Percent Revenue Forecast by Equipment
      • Table Power Plant Services Market: Percent Revenue Forecast by Equipment, China, 2011-2021
    • Revenue Forecast by Equipment
      • Table Power Plant Services Market: Revenue Forecast by Equipment, China, 2011-2021
    • Revenue Forecast by Plant Type
    • Percent Revenue Forecast by End-User Type
    • Revenue Forecast Discussion
  • India Analysis-External Challenges: Drivers and Restraints
    • Market Drivers
    • Drivers Explained
    • Market Restraints
    • Restraints Explained
  • Forecasts and Trends
    • Market Engineering Measurements
      • Table Power Plant Services Market: Market Engineering Measurements, India, 2014
    • Revenue Forecast
      • Table Power Plant Services Market: Revenue Forecast, India, 2011-2021
    • Percent Revenue Forecast by Equipment
      • Table Power Plant Services Market: Percent Revenue Forecast by Equipment, India, 2011-2021
    • Revenue Forecast by Equipment
      • Table Power Plant Services Market: Revenue Forecast by Equipment, India, 2011-2021
    • Revenue Forecast by Plant Type
    • Percent Revenue Forecast by End-user Type
    • Revenue Forecast Discussion
  • Association of Southeast Asian Nations (ASEAN) Analysis-External Challenges: Drivers and Restraints
    • Market Drivers
    • Drivers Explained
    • Market Restraints
    • Restraints Explained
  • Forecasts and Trends
    • Market Engineering Measurements
      • Table Power Plant Services Market: Market Engineering Measurements, ASEAN, 2014
    • Revenue Forecast
      • Table Power Plant Services Market: Revenue Forecast, ASEAN, 2011-2021
    • Percent Revenue Forecast by Equipment
      • Table Power Plant Services Market: Percent Revenue Forecast by Equipment, ASEAN, 2011-2021
    • Revenue Forecast by Equipment
      • Table Power Plant Services Market: Revenue Forecast by Equipment, ASEAN, 2011-2021
    • Revenue Forecast by Plant Type
    • Percent Revenue Forecast by End-user Type
    • Revenue Forecast Discussion
  • Australia & New Zealand (ANZ) Analysis-External Challenges: Drivers and Restraints
    • Market Drivers
    • Drivers Explained
    • Market Restraints
    • Restraints Explained
  • Forecasts and Trends
    • Market Engineering Measurements
      • Table Power Plant Services Market: Market Engineering Measurements, ANZ, 2014
    • Revenue Forecast
      • Table Power Plant Services Market: Revenue Forecast, ANZ, 2011-2021
    • Percent Revenue Forecast by Equipment
      • Table Power Plant Services Market: Percent Revenue Forecast by Equipment, ANZ, 2011-2021
    • Revenue Forecast by Equipment
      • Table Power Plant Services Market: Revenue Forecast by Equipment, ANZ, 2011-2021
    • Revenue Forecast by Plant Type
    • Percent Revenue Forecast by End-User Type
    • Revenue Forecast Discussion
  • Japan Analysis-External Challenges: Drivers and Restraints
    • Market Drivers
    • Drivers Explained
    • Market Restraints
    • Restraints Explained
  • Forecasts and Trends
    • Market Engineering Measurements
      • Table Power Plant Services Market: Market Engineering Measurements, Japan, 2014
    • Revenue Forecast
      • Table Power Plant Services Market: Revenue Forecast, Japan, 2011-2021
    • Percent Revenue Forecast by Equipment
      • Table Power Plant Services Market: Percent Revenue Forecast by Equipment, Japan, 2011-2021
    • Revenue Forecast by Equipment
      • Table Power Plant Services Market: Revenue Forecast by Equipment, Japan, 2011-2021
    • Revenue Forecast by Plant Type
    • Percent Revenue Forecast by End-user Type
    • Revenue Forecast Discussion
  • The Last Word
    • The Last Word-Three Big Predictions
  • Appendix
    • Market Engineering Methodology
    • Regional Definitions
    • Acronyms

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