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Gas Turbine Services Market Size, Share, By Services Type (Maintenance & Repair, Inspection & Testing, Overhaul, Upgrades & Modification, Component Refurbishment, and Others), Turbine Type (Aeroderivative, Heavy-duty gas turbine, and Industrial), Turbine

Published Apr 01, 2024
Length 168 Pages
SKU # PRMI20123683

Description

Gas Turbine Services Market Size, Share, By Services Type (Maintenance & Repair, Inspection & Testing, Overhaul, Upgrades & Modification, Component Refurbishment, and Others), Turbine Type (Aeroderivative, Heavy-duty gas turbine, and Industrial), Turbine Capacity (Less Than 100 MW, 100-200 MW, and Over 200 MW), Provider Type (Original Equipment Manufacturers [OEMs], and Non-Original Equipment Manufacturers [Non-OEMs]), End-User (Oil & Gas Industries, Aerospace, Marine, Power Generation, and Others), and Region - Trends, Analysis, and Forecast till 2035

The Gas Turbine Services Market Report offers an in-depth exploration of emerging market trends, driving factors, challenges, and key segments that shape the industry. It includes a thorough examination of regulatory frameworks, company profiles, and the latest industry developments. The report delves into product development, positioning strategies, and the impact of new technologies on the market landscape. By identifying challenges and opportunities, the report provides a detailed roadmap for market growth.

The gas turbine services contains various sources of gas turbines, such as maintenance, repair, and overhaul (MRO), which ensures the optimal performance, reliability and longevity in power generation, aviation and industrial application. The growing demand for electricity, particularly from natural gas-fired power plants, is a major driver for the gas turbine services market.

Report Highlights:
  • The gas turbine services market size is accounted for USD 43.6 Billion in 2025.
  • The size is anticipated to expand at a rate of USD 95.7 Billion by 2035, and increasing at a CAGR of 9.0%.
  • Based on services type, maintenance and repair segment dominates in gas turbine services market.
  • On the basis of turbine type, heavy duty gas turbine segment holds the major share in gas turbine services market.
  • By turbine capacity, the gas turbine services market is dominated by 100-200 mw.
  • The original equipment manufacturer segment plays dominating role in target market.
  • By end-user, power generation is the leading segment in gas turbine services market.
  • Asia pacific is the dominating region in gas turbine services market.
  • North America is expected as fastest growing segment in market.
Key Highlights
  • In February 2025, Mitsubishi Power, secured major gas turbine and services order in Morocco to supply two M701JAC gas turbines and auxiliary equipment for the Al Wahda Open Cycle Gas Turbine Power Plant by The National Office of Electricity and Drinking Water (ONEE). The M701JAC gas turbines, which were capable of co-firing hydrogen with natural gas, with industry-leading reliability and high efficiency rate. ONEE signed agreement with Mitsubishi Power for the provision of repairs, parts and services, was aimed to ensure high availability and sustained reliability of the equipment.
Report Analysis:

Routine Maintenance and Repair Tasks for Gas Turbines:
  • Filter Checks and Replacements: Filters should be checked regularly for damage and clogging. Replacing them when necessary is important to maintain optimal airflow, efficiency, and fuel consumption.
  • Component Cleaning and Lubrication: Cleaning turbine components such as compressor blades, casings, and other parts helps prevent the accumulation of contaminants. Regular lubrication ensures smooth operation of components like bearings, shafts, and gears.
  • Inspections of Belts and Hoses: Inspections should focus on detecting cracks, bulges, or leaks in belts and hoses. Replacements should be done immediately when issues are detected.
  • Leak Detection and Repair: Leaks should be identified and repaired promptly. Advanced leak detection technologies such as ultrasonic detection can help identify leaks in hard-to-reach areas.
Segmentation:

By Services Type:
  • Maintenance & Repair
  • Inspection & Testing
  • Overhaul
  • Upgrades & Modification
  • Component Refurbishment
  • Others
By Turbine Type:
  • Aeroderivative
  • Heavy-duty Gas Turbine
  • Industrial
By Turbine Capacity:
  • Less Than 100 MW
  • 100-200 MW
  • Over 200 MW
By Provider Type:
  • Original Equipment Manufacturers [OEMs]
  • Non-Original Equipment Manufacturers [Non-OEMs]
By End-User:
  • Oil & Gas Industries
  • Aerospace
  • Marine
  • Power Generation
  • Others
By Region:
  • North America
o U.S.

Canada
  • Europe
o Germany

U.K.

France

Russia

Italy

Spain

Netherlands

Rest of Europe
  • Asia Pacific
o China

India

Japan

Australia

Indonesia

Malaysia

South Korea

Rest of Asia Pacific
  • Latin America
o Brazil

Mexico

Argentina

Rest of Latin America
  • Middle East & Africa
o GCC

Israel

South Africa

Rest of Middle East & Africa

The report also includes a competitive analysis with a detailed SWOT review, examining the strengths, weaknesses, opportunities, and threats of each leading company, as well as their market share and product offerings.

Gas Turbine Services Market Companies:

General Electric Company

Siemens Energy

MITSUBISHI HEAVY INDUSTRIES, LTD.

Kawasaki Heavy Industries, Ltd.

Baker Hughes Company

Solar Turbines Incorporated

Ansaldo Energia

Bharat Heavy Electricals Limited

Capstone Green Energy Holdings, Inc.

Ethos Energy Group Limited

MAN Energy Solutions

Destinus Energy

Power Services Group

Centrax Gas Turbines

What Our Report Delivers:
  • Regional & Country-Level Market Insights: Detailed market share analysis across key regions and countries to help you understand competitive positioning.
  • Guidance for New Market Players: Actionable strategic recommendations for businesses entering the market, ensuring a strong foothold from the start.
  • Comprehensive Market Forecasts: Reliable data projections for 2024, 2025, 2026, 2028, and 2032 to support long-term planning and investment decisions.
  • In-Depth Market Dynamics: Analysis of drivers, restraints, opportunities, and emerging threats, along with challenges and high-potential investment areas.
  • Data-Driven Business Strategies: Expert recommendations tailored to key market segments, backed by precise market evaluations.
  • Competitive Intelligence: Mapping of prevailing industry trends and competitor strategies to identify growth opportunities.
  • Detailed Company Profiles: In-depth analysis of major players, including their business strategies, financial performance, and recent developments.
  • Supply Chain Innovations: Insights into the latest technological advancements and trends shaping supply chain efficiency.
FAQs:

Key Questions Answered in the Report.

1. What was the Gas Turbine Services Market size in 2025?

2. What is projected growth rate of the Gas Turbine Services Market during 2025-2035?

3. What are the key factors driving the Gas Turbine Services Market growth?

4. What are leading players in the Gas Turbine Services Market ?

5. What are the key regions analyzed in the Gas Turbine Services Market ?

6. Which region is dominating in the Gas Turbine Services Market ?

Table of Contents

168 Pages
Gas Turbine Services Table of Contents
Research Objective and Assumption
Research Objectives
Assumptions
Abbreviations
Market Preview
Report Description
Market Definition and Scope
Executive Summary
Market Snippet, By Services Type
Market Snippet, By Turbine Type
Market Snippet, By Turbine Capacity
Market Snippet, By Provider Type
Market Snippet, By End-User
Market Snippet, By Region
Opportunity Map Analysis
Market Dynamics, Regulations, and Trends Analysis
Market Dynamics
Drivers
Restraints
Market Opportunities
Market Trends
Turbine Type Launch
Merger and Acquisitions
Impact Analysis
PEST Analysis
Porter’s Analysis
Gas Turbine Internal Alignment
Plant Performance Testing and Analysis
Field Machining
Market Segmentation, By Services Type, Forecast Period up to 10 Years, (USD Bn)
Overview
Market Value and Forecast (USD Bn), and Share Analysis (%), Forecast Period up to 10 Years
Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
Segment Trends
Maintenance & Repair
Overview
Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
Inspection & Testing
Overview
Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
Overhaul
Overview
Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
Upgrades & Modification
Overview
Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
Component Refurbishment
Overview
Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
Others
Overview
Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
Market Segmentation, By Turbine Type, Forecast Period up to 10 Years, (USD Bn)
Overview
Market Value and Forecast (USD Bn), and Share Analysis (%), Forecast Period up to 10 Years
Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
Segment Trends
Aeroderivative
Overview
Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
Heavy-duty Gas Turbine
Overview
Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
Industrial
Overview
Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
Market Segmentation, By Turbine Capacity, Forecast Period up to 10 Years, (USD Bn)
Overview
Market Value and Forecast (USD Bn), and Share Analysis (%), Forecast Period up to 10 Years
Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
Segment Trends
Less Than 100 MW
Overview
Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
100-200 MW
Overview
Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
Over 200 MW
Overview
Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
Market Segmentation, By Provider type, Forecast Period up to 10 Years, (USD Bn)
Overview
Market Value and Forecast (USD Bn), and Share Analysis (%), Forecast Period up to 10 Years
Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
Segment Trends
Original Equipment Manufacturers [OEMs]
Overview
Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
Non-Original Equipment Manufacturers [Non-OEMs]
Overview
Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
Market Segmentation, By End-User, Forecast Period up to 10 Years, (USD Bn)
Overview
Market Value and Forecast (USD Bn), and Share Analysis (%), Forecast Period up to 10 Years
Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
Segment Trends
Oil & Gas Industries
Overview
Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
Aerospace
Overview
Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
Marine
Overview
Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
Power Generation
Overview
Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
Others
Overview
Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
Market Segmentation, By Region, Forecast Period up to 10 Years, (USD Bn)
Overview
Market Value and Forecast (USD Bn), and Share Analysis (%), Forecast Period up to 10 Years
Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
Regional Trends
North America
Market Size and Forecast (USD Bn), By Services Type, Forecast Period up to 10 Years
Market Size and Forecast (USD Bn), By Turbine Type, Forecast Period up to 10 Years
Market Size and Forecast (USD Bn), By Turbine Capacity, Forecast Period up to 10 Years
Market Size and Forecast (USD Bn), By Provider Type, Forecast Period up to 10 Years
Market Size and Forecast (USD Bn), By End-User, Forecast Period up to 10 Years
Market Size and Forecast (USD Bn), By Country, Forecast Period up to 10 Years
U.S.
Canada
Asia Pacific
Market Size and Forecast (USD Bn), By Services Type, Forecast Period up to 10 Years
Market Size and Forecast (USD Bn), By Turbine Type, Forecast Period up to 10 Years
Market Size and Forecast (USD Bn), By Turbine Capacity, Forecast Period up to 10 Years
Market Size and Forecast (USD Bn), By Provider Type, Forecast Period up to 10 Years
Market Size and Forecast (USD Bn), By End-User, Forecast Period up to 10
Market Size and Forecast (USD Bn), By Country, Forecast Period up to 10 Years
China
India
Japan
Australia
Indonesia
Malaysia
South Korea
Rest of Asia Pacific
Europe
Market Size and Forecast (USD Bn), By Services Type, Forecast Period up to 10 Years
Market Size and Forecast (USD Bn), By Turbine Type, Forecast Period up to 10 Years
Market Size and Forecast (USD Bn), By Turbine Capacity, Forecast Period up to 10 Years
Market Size and Forecast (USD Bn), By Provider Type, Forecast Period up to 10 Years
Market Size and Forecast (USD Bn), By End-User, Forecast Period up to 10 Years
Market Size and Forecast (USD Bn), By Country, Forecast Period up to 10 Years
Germany
U.K.
France
Russia
Italy
Spain
Netherlands
Rest of Europe
Latin America
Market Size and Forecast (USD Bn), By Services Type, Forecast Period up to 10 Years
Market Size and Forecast (USD Bn), By Turbine Type, Forecast Period up to 10 Years
Market Size and Forecast (USD Bn), By Turbine Capacity, Forecast Period up to 10 Years
Market Size and Forecast (USD Bn), By Provider Type, Forecast Period up to 10 Years
Market Size and Forecast (USD Bn), By End-User, Forecast Period up to 10 Years
Market Size and Forecast (USD Bn), By Country, Forecast Period up to 10 Years
Brazil
Mexico
Argentina
Rest of Latin America
Middle East and Africa
Market Size and Forecast (USD Bn), By Services Type, Forecast Period up to 10 Years
Market Size and Forecast (USD Bn), By Turbine Type, Forecast Period up to 10 Years
Market Size and Forecast (USD Bn), By Turbine Capacity, Forecast Period up to 10 Years
Market Size and Forecast (USD Bn), By Provider Type, Forecast Period up to 10 Years
Market Size and Forecast (USD Bn), By End-User, Forecast Period up to 10 Years
Market Size and Forecast (USD Bn), By Country, Forecast Period up to 10 Years
GCC
Israel
South Africa
Rest of Middle East & Africa
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