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Published bySakshi Bhargava Modified over 6 years ago
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Global Gas Turbine MRO Market in the Power Industry Report 2018-2023: Trends, Forecast and Competitive Analysis 1
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Industry Profiles Snapshot Major ParameterDescription Market Segments by End Use Industries Electrical power utility, oil and gas, and others Market Segments by Type of Service Maintenance, repair, and overhaul Market Segments by Service Provider Original equipment manufacturers, independent service providers, in-house Market Segments by Turbine Size More than 180 MW, 61 – 180 MW, and 1 – 60 MW Market Segments by Region North America, Europe, Asia Pacific and Rest of the World. Top Companies Name General Electrical, Siemens, Mitsubishi Heavy Industries, Wood Group, and Sulzer. Trend Growth Rate and CAGR3.6% Key Industry Forecast The global gas turbine MRO market in the power industry is expected to reach an estimated $17.3 billion by 2023 and is forecast to grow at a CAGR of 3.6% from 2018 to 2023. Key Industry Driver Driver: Growth are the aging fleet of gas turbines and stringent government regulations on emission control. 2
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Industry Overview Market Size The global gas turbine MRO market in the power industry is expected to reach an estimated $17.3 billion by 2023 and is forecast to grow at a CAGR of 3.6% from 2018 to 2023. Market Size (2023)$17.3 billion CAGR (2018-23)3.6% 3 Industry Performance : Forecast
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