Global Turbomachinery Services Market Growth (Status and Outlook) 2025-2031
Description
The global Turbomachinery Services market size is predicted to grow from US$ 2654 million in 2025 to US$ 3730 million in 2031; it is expected to grow at a CAGR of 5.8% from 2025 to 2031.
The Turbomachinery Services market includes maintenance, repair, retrofitting, and optimization services for rotating equipment such as gas turbines, steam turbines, compressors, pumps, and blowers. These services are critical for industries like oil & gas, power generation, aerospace, chemicals, and manufacturing.
United States market for Turbomachinery Services is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.
China market for Turbomachinery Services is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.
Europe market for Turbomachinery Services is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.
Global key Turbomachinery Services players cover Baker Hughes Company, Turbo Machinery Services, Sulzer, Doosan Turbomachinery Services, Advanced Design Technology, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2024.
LPI (LP Information)' newest research report, the “Turbomachinery Services Industry Forecast” looks at past sales and reviews total world Turbomachinery Services sales in 2024, providing a comprehensive analysis by region and market sector of projected Turbomachinery Services sales for 2025 through 2031. With Turbomachinery Services sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Turbomachinery Services industry.
This Insight Report provides a comprehensive analysis of the global Turbomachinery Services landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on Turbomachinery Services portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Turbomachinery Services market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Turbomachinery Services and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Turbomachinery Services.
This report presents a comprehensive overview, market shares, and growth opportunities of Turbomachinery Services market by product type, application, key players and key regions and countries.
Segmentation by Type:
On-Site Service
Off-Site Service
Segmentation by Application:
Oil and Gas
Energy
Aerospace
Other
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Baker Hughes Company
Turbo Machinery Services
Sulzer
Doosan Turbomachinery Services
Advanced Design Technology
Roteq
John Crane
Deleum
Rysgally Gün
Revak Keene Turbomachinery
Please note: The report will take approximately 2 business days to prepare and deliver.
The Turbomachinery Services market includes maintenance, repair, retrofitting, and optimization services for rotating equipment such as gas turbines, steam turbines, compressors, pumps, and blowers. These services are critical for industries like oil & gas, power generation, aerospace, chemicals, and manufacturing.
United States market for Turbomachinery Services is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.
China market for Turbomachinery Services is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.
Europe market for Turbomachinery Services is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.
Global key Turbomachinery Services players cover Baker Hughes Company, Turbo Machinery Services, Sulzer, Doosan Turbomachinery Services, Advanced Design Technology, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2024.
LPI (LP Information)' newest research report, the “Turbomachinery Services Industry Forecast” looks at past sales and reviews total world Turbomachinery Services sales in 2024, providing a comprehensive analysis by region and market sector of projected Turbomachinery Services sales for 2025 through 2031. With Turbomachinery Services sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Turbomachinery Services industry.
This Insight Report provides a comprehensive analysis of the global Turbomachinery Services landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on Turbomachinery Services portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Turbomachinery Services market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Turbomachinery Services and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Turbomachinery Services.
This report presents a comprehensive overview, market shares, and growth opportunities of Turbomachinery Services market by product type, application, key players and key regions and countries.
Segmentation by Type:
On-Site Service
Off-Site Service
Segmentation by Application:
Oil and Gas
Energy
Aerospace
Other
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Baker Hughes Company
Turbo Machinery Services
Sulzer
Doosan Turbomachinery Services
Advanced Design Technology
Roteq
John Crane
Deleum
Rysgally Gün
Revak Keene Turbomachinery
Please note: The report will take approximately 2 business days to prepare and deliver.
Table of Contents
98 Pages
- *This is a tentative TOC and the final deliverable is subject to change.*
- 1 Scope of the Report
- 2 Executive Summary
- 3 Turbomachinery Services Market Size by Player
- 4 Turbomachinery Services by Region
- 5 Americas
- 6 APAC
- 7 Europe
- 8 Middle East & Africa
- 9 Market Drivers, Challenges and Trends
- 10 Global Turbomachinery Services Market Forecast
- 11 Key Players Analysis
- 12 Research Findings and Conclusion
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