Gas Turbine Services Market to Enjoy 'Explosive Growth' to 2025: Demand, Market Segment & Key Players - General Electric, Siemens, Mitsubishi Hitachi Power Systems
Edison, NJ -- (SBWire) -- 02/25/2019 --A new research study from HTF MI with title Global Gas Turbine Services Market Size, Status and Forecast 2025 provides an in-depth assessment of the Gas Turbine Services including key market trends, upcoming technologies, industry drivers, challenges, regulatory policies, key players company profiles and strategies. The research study provides forecasts for Gas Turbine Services investments till 2025.
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If you are involved in the Gas Turbine Services industry or intend to be, then this study will provide you comprehensive outlook. It's vital you keep your market knowledge up to date segmented by Power Generation, Oil & Gas & Others, , Heavy Duty Services & Aero-Derivative Services and major players. If you have a different set of players/manufacturers according to geography or needs regional or country segmented reports we can provide customization according to your requirement.
A gas turbine, also called a combustion turbine, is a type of internal combustion engine. It has an upstream rotating compressor coupled to a downstream turbine, and a combustion chamber or area, called a combustor, in between.
The classification of gas turbine services includes heavy duty services and aero-derivative services, and the proportion of heavy duty services is about 79% in 2016, and the proportion is in increasing trend from 2012 to 2017.
Market competition is intense. General Electric, Siemens, Mitsubishi Hitachi Power Systems, Wood Group, etc. are the leaders of the industry, and they hold key technologies and patents, with high-end customers; have been formed in the monopoly position in the industry.
In 2017, the global Gas Turbine Services market size was 15700 million US$ and it is expected to reach 21500 million US$ by the end of 2025, with a CAGR of 4.0% during 2018-2025.
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The Study is segmented by following Product Type: , Heavy Duty Services & Aero-Derivative Services
Major applications/end-users industry are as follows: Power Generation, Oil & Gas & Others
Geographically, this report is segmented into several key Regions such as United States, Europe, China, Japan, Southeast Asia & India, with production, consumption, revenue (million USD), and market share and growth rate of Global Gas Turbine Services in these regions, from 2012 to 2022 (forecast)
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Major companies covered in the report: General Electric, Siemens, Mitsubishi Hitachi Power Systems, Wood Group, Kawasaki Heavy Industries, Solar Turbines, Ansaldo Energia, MTU Aero Engines, Sulzer, MAN Diesel & Turbo, MJB International & Proenergy Services
This study also contains company profiling, product picture and specifications, sales, market share and contact information of various international, regional, and local vendors of Global Gas Turbine Services Market. The market competition is constantly growing higher with the rise in technological innovation and M&A activities in the industry. Moreover, many local and regional vendors are offering specific application products for varied end-users. The new vendor entrants in the market are finding it hard to compete with the international vendors based on quality, reliability, and innovations in technology.
Some of the key questions answered in this report:
- Detailed Overview of Global Gas Turbine Services market helps deliver clients and businesses making strategies.
- Influential factors that are thriving demand and constraints in the market.
- What is the market concentration? Is it fragmented or highly concentrated?
- What trends, challenges and barriers will impact the development and sizing of Gas Turbine Services market?
- SWOT Analysis of each key players mentioned along with its company profile with the help of Porter's five forces tool mechanism to compliment the same.
- What growth momentum or acceleration market carries during the forecast period?
- Which region is going to tap highest market share in future?
- What Application/end-user category or Product Type may see incremental growth prospects?
- What would be the market share of key countries like United States, France, UK, Germany, Italy, Canada, Australia, Japan, China or Brazil etc.?
- What focused approach and constraints are holding the market tight?
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There are 15 Chapters to display the Global Gas Turbine Services market.
Chapter 1, About Executive Summary to describe Definition, Specifications and Classification of Gas Turbine Services market, Applications [Power Generation, Oil & Gas & Others], Market Segment by Regions;
Chapter 2, to analyze objective of the study.
Chapter 3, to display Research methodology and techniques.
Chapter 4 and 5 , to show the Overall Market Analysis, segmentation analysis, characteristics;
Chapter 6 and 7, to show the Market size, share and forecast; Five forces analysis (bargaining Power of buyers/suppliers), Threats to new entrants and market condition;
Chapter 8 and 9, to show analysis by regional segmentation[United States, Europe, China, Japan, Southeast Asia & India ], comparison, leading countries and opportunities; Regional Marketing Type Analysis, Supply Chain Analysis
Chapter 10, focus on identifying the key industry influencer's, overview of decision framework accumulated through Industry experts and strategic decision makers;
Chapter 11 and 12, Market Trend Analysis, Drivers, Challenges by consumer behavior, Marketing Channels and demand & supply.
Chapter 13 and 14, describe about the vendor landscape (classification and Market Positioning)
Chapter 15, deals with Global Gas Turbine Services Market sales channel, distributors, traders, dealers, Research Findings and Conclusion, appendix and data source.
Thanks for reading this article; you can also get individual chapter wise section or region wise report version like North America, Europe or Asia.
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