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Power Plant Services Market in the APAC Region 2015-2019

Power Plant Services Market in the APAC Region 2015-2019

About Power Plant Service

Many countries in the APAC region are highly dependent on thermal power plants for their base electricity demand due to the abundance of coal reserve in this region. Thermal power plant is popular in this region with high availability of coal. Service and maintenance for thermal power plants is highly capital intensive as it requires highly skilled workforce, technical know-how, and related support infrastructure. Various types of service include MRO, O&M, and testing. Testing can be categorized into the following: periodic inspection and testing, regular maintenance, preventive maintenance, repair and replacement of plant components, and certification and quality testing.

TechNavio's analysts forecast the Power Plant Service market in the APAC region to grow at a CAGR of 10 percent over the period 2014-2019.

Covered in this Report

The report covers the present scenario and the growth prospects of the Power Plant Service market in the APAC region for the period 2015-2019. The Power Plant Service market in the APAC region is segmented based on the following criteria: service providers and type of service.

TechNavio's report, the Power Plant Service Market in APAC Region 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report includes a discussion of the key vendors operating in this market.

Key Vendors

  • Alstom
  • GE
  • Mitsubishi Heavy Industries
  • Siemens
  • TNB Remaco
Other Prominent Vendors
  • Gujarat Industries Power
  • PPSVCS
  • S.R. Turbo Energy
  • Transfield Services
  • Toshiba
  • Vasavi Power Service
  • WorleyParsons
Market Driver
  • Aging Power Infrastructure
  • For a full, detailed list, view our report
Market Challenge
  • Low Rate of Replacement of Power Plant Equipment
  • For a full, detailed list, view our report
Market Trend
  • Increased Investment by OEMs
  • For a full, detailed list, view our report
Key Questions Answered in this Report
  • What will the market size be in 2019 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?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

TechNavio Announces the Publication of its Research Report – Power Plant Services Market in the APAC Region 2015-2019

TechNavio recognizes the following companies as the key players in the Power Plant Services Market in the APAC Region: Alstom SA, GE Co., Mitsubishi Heavy Industries Inc., Siemens AG and TNB Remaco

Other Prominent Vendors in the market are: Gujarat Industries Power, PPSVCS, S.R. Turbo Energy, Toshiba, Transfield Services, Vasavi Power Service and WorleyParsons.

Commenting on the report, an analyst from TechNavio’s team said: “Increased investment by original equipment manufacturers is a key trend being witnessed in this market. OEMs sign contracts with power plants that operate for a period of two to five years. This helps the OEMs retain their market share for a specific period of time.”

According to the report, aging power plant infrastructure in the region is one of the major drivers of this market. Currently, many thermal power plants in the APAC region require these services to maintain consistent efficiency levels. This increased requirement for servicing among thermal power plants is expected to propel market growth during the forecast period of 2014-2019.

Further, the report states that low rates of replacement of power plant equipment are considerably hindering market growth. Most of the equipment used in power plants has a long shelf-life, which reduces replacement needs significantly. This hurts the margins of service providers significantly.

Companies Mentioned

Alstom, GE , Mitsubishi Heavy Industries , Siemens, TNB Remaco, Gujarat Industries Power, PPSVCS, S.R. Turbo Energy, Transfield Services , Toshiba , Vasavi Power Service, WorleyParsons

  • Executive Summary
  • List of Abbreviations
  • Scope of the Report
    • Market Overview
    • Product Offerings
  • Market Research Methodology
    • Market Research Process
    • Research Methodology
      • Table Market Research Methodology
  • Introduction
  • Market Landscape
    • Market Overview
    • Market Size and Forecast
      • Table Power Plant Services Market in APAC Region 2014-2019 (US$ billion)
    • Five Forces Analysis
  • Market Segmentation by Service Provider
    • Power Plant Services Market in APAC Region by Service Provider 2014-2019
      • Table Power Plant Services Market in APAC Region by Service Provider 2014 and 2019
      • Table Power Plant Services Market in APAC Region by Service Provider 2014-2019 (US$ billion)
      • Table Power Plant Services Market in APAC Region by Service Provider 2014-2019
    • Power Plant Services Market in APAC Region by OEMs Segment
      • Market Size and Forecast
        • Table Power Plant Services Market in APAC Region by OEMs Segment 2014-2019 (US$ billion)
    • Power Plant Services Market in APAC Region by ISPs Segment
      • Market Size and Forecast
        • Table Power Plant Services Market in APAC Region by ISPs Segment 2014-2019 (US$ billion)
  • Market Segmentation by Type of Service
    • Power Plant Services Market in APAC Region by Type of Service 2014-2019
      • Table Power Plant Services Market in APAC Region by Type of Service 2014 and 2019
      • Table Power Plant Services Market in APAC Region by Type of Service 2014-2019 (US$ billion)
      • Table Power Plant Services Market in APAC Region by Type of Service 2014-2019
    • Power Plant Services Market in APAC Region by MRO Segment
      • Market Size and Forecast
        • Table Power Plant Services Market in APAC Region by MRO Segment 2014-2019 (US$ billion)
    • Power Plant Services Market in APAC Region by O&M Segment
      • Market Size and Forecast
        • Table Power Plant Services Market in APAC Region by O&M Segment 2014-2019 (US$ billion)
    • Power Plant Services Market in APAC Region by Testing Segment
      • Market Size and Forecast
        • Table Power Plant Services Market in APAC Region by Testing 2014-2019 (US$ billion)
  • Key Leading Countries
    • China
    • India
  • Buying Criteria
  • Market Growth Drivers
  • Drivers and their Impact
  • Market Challenges
  • Impact of Drivers and Challenges
  • Market Trends
    • Table Electricity Generation in APAC Region 2003-2013
  • Trends and their Impact
  • Vendor Landscape
    • Competitive Scenario
      • Key News
    • Other Prominent Vendors
  • Key Vendor Analysis
    • Alstom
      • Key Facts
      • Business Overview
      • Business Segmentation by Revenue 2014
        • Table Alstom: Business Segmentation by Revenue 2014
      • Business Segmentation by Revenue 2013 and 2014
        • Table Alstom: Business Segmentation by Revenue 2013 and 2014 (US$ billion)
      • Geographical Segmentation by Revenue 2014
        • Table Alstom: Geographical Segmentation by Revenue 2014
      • Business Strategy
      • Recent Developments
      • SWOT Analysis
    • GE
      • Key Facts
      • Business Overview
      • Business Segmentation by Revenue 2013
        • Table GE: Business Segmentation by Revenue 2013
      • Business Segmentation by Revenue 2012 and 2013
        • Table GE: Business Segmentation by Revenue 2012 and 2013 (US$ billion)
      • Geographical Segmentation by Revenue 2013
        • Table GE: Geographical Segmentation by Revenue 2013
      • Business Strategy
      • Recent Developments
      • SWOT Analysis
    • Mitsubishi Heavy Industries
      • Key Facts
      • Business Overview
      • Business Segmentation by Revenue 2014
        • Table Mitsubishi Heavy Industries: Business Segmentation by Revenue 2014
      • Business s Segmentation by Revenue 2013 and 2014
        • Table Mitsubishi Heavy Industries: Business Segmentation by Revenue 2013 and 2014 (US$ billion)
      • Geographical Segmentation by Revenue 2014
        • Table Mitsubishi Heavy Industries: Geographical Segmentation by Revenue 2014
      • Business Strategy
      • Recent Developments
      • SWOT Analysis
    • Siemens
      • Key Facts
      • Business Description
      • Business Segmentation
        • Table Siemens: Business Segmentation 2013
      • Revenue by Business Segmentation
        • Table Siemens: Revenue by Business Segmentation 2013
      • Revenue Comparison by Business Segmentation 2012 and 2013
        • Table Siemens: Revenue by Business Segmentation 2012 and 2013 (US$ billion)
      • Sales by Geography
        • Table Siemens: Revenue by Geographical Segmentation 2013
      • Business Strategy
      • Recent Developments
      • SWOT Analysis
    • TNB REMACO
      • Key Facts
      • Business Overview
      • Key Offerings
        • Table TNB REMACO: Key Offerings
      • SWOT Analysis
  • Other Reports in this Series

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