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Home > Global Gas Turbine Service Sales Market Report, Competitive Analysis and Regional Opportunities 2025-2031

Global Gas Turbine Service Sales Market Report, Competitive Analysis and Regional Opportunities 2025-2031

Publication ID: 
PB504256103
Publication Date: 
April 10, 2025
Pages: 
93
Publisher: 
MRRPB5
Countries: 
Global [1]
USD 4,250.00

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Electricity [2]
Energy & Utilities [3]
Description: 

The global Gas Turbine Service market size was US$ 21040 million in 2024 and is forecast to a readjusted size of US$ 27570 million by 2031 with a CAGR of 4.0% during the forecast period 2025-2031.
In this report, we study the services for gas turbine. Stringent emission regulations for gas turbines and upgradation of aging fleet of gas turbine drive the market for gas turbine Services.

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.
Global Gas Turbine Service key players include General Electric, Mitsubishi Hitachi Power Systems, Siemens, etc. Global top three manufacturers hold a share over 60%.
Middle East is the largest market, with a share over 30%, followed by Europe and United States, have a share over 40 percent.
In terms of product, Heavy Duty Services is the largest segment, with a share about 75%. And in terms of application, the largest application is Power Generation, followed by Oil & Gas, etc.
The global Gas Turbine Service market is strategically segmented by company, region (country), by Type, and by Application. This report empowers stakeholders to capitalize on emerging opportunities, optimize product strategies, and outperform competitors through data-driven insights on revenue and forecasts across regions, by Type, and by Application for 2020-2031.
Market Segmentation
By Company:
General Electric
Mitsubishi Hitachi Power Systems
Siemens
Wood Group
Kawasaki Heavy Industries
Solar Turbines
MTU Aero Engines
Ansaldo Energia
Sulzer
MAN Diesel & Turbo
MJB International
Proenergy Services
By Type: (Dominant Segment vs High-Margin Innovation)
Heavy Duty Services
Aero-Derivative Services
By Application: (Core Demand Driver vs Emerging Opportunity)
Power Generation
Oil & Gas
Other
By Region
Macro-Regional Analysis: Market Size & Growth Forecasts
- North America
- Europe
- Asia-Pacific
- South America
- Middle East & Africa
Micro-Local Market Deep Dive: Strategic Insights
- Competitive Landscape: Player dominance vs. disruptors (e.g., General Electric in Europe)
- Emerging Product Trends: Heavy Duty Services adoption vs. Aero-Derivative Services premiumization
- Demand-Side Dynamics: Power Generation growth in China vs. Oil & Gas potential in North America
- Localized Consumer Needs: Regulatory hurdles in EU vs. price sensitivity in India
Focus Markets:
North America
Europe
China
Japan
Southeast Asia
India
Central & South America
Chapter Outline
Chapter 1: Report scope, executive summary, and market evolution scenarios (short/mid/long term).
Chapter 2: Quantitative analysis of Gas Turbine Service market size and growth potential at global, regional, and country levels.
Chapter 3: Competitive benchmarking of manufacturers (revenue, market share, M&A, R&D focus).
Chapter 4: Type-based segmentation analysis – Uncovering blue ocean markets (e.g., Aero-Derivative Services in China).
Chapter 5: Application-based segmentation analysis – High-growth downstream opportunities (e.g., Oil & Gas in India).
Chapter 6: Regional revenue breakdown by company, type, application and customer.
Chapter 7: Key manufacturer profiles – Financials, product portfolios, and strategic developments.
Chapter 8: Market dynamics – Drivers, restraints, regulatory impacts, and risk mitigation strategies.
Chapter 9: Actionable conclusions and strategic recommendations.
Why This Report?
Unlike generic global market reports, this study combines macro-level industry trends with hyper-local operational intelligence, empowering data-driven decisions across the Gas Turbine Service value chain, addressing:
- Market entry risks/opportunities by region
- Product mix optimization based on local practices
- Competitor tactics in fragmented vs. consolidated markets

Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.

Table Of Contents: 

1 Report Overview
1.1 Study Scope
1.2 Market by Type
1.2.1 Global Market Size Growth by Type: 2020 VS 2024 VS 2031
1.2.2 Heavy Duty Services
1.2.3 Aero-Derivative Services
1.3 Market by Application
1.3.1 Global Market Share by Application: 2020 VS 2024 VS 2031
1.3.2 Power Generation
1.3.3 Oil & Gas
1.3.4 Other
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Global Growth Trends
2.1 Global Gas Turbine Service Market Perspective (2020-2031)
2.2 Global Market Size by Region: 2020 VS 2024 VS 2031
2.3 Global Gas Turbine Service Revenue Market Share by Region (2020-2025)
2.4 Global Gas Turbine Service Revenue Forecast by Region (2026-2031)
2.5 Major Region and Emerging Market Analysis
2.5.1 North America Gas Turbine Service Market Size and Prospective (2020-2031)
2.5.2 Europe Gas Turbine Service Market Size and Prospective (2020-2031)
2.5.3 China Gas Turbine Service Market Size and Prospective (2020-2031)
2.5.4 Japan Gas Turbine Service Market Size and Prospective (2020-2031)
2.5.5 Southeast Asia Gas Turbine Service Market Size and Prospective (2020-2031)
2.5.6 India Gas Turbine Service Market Size and Prospective (2020-2031)
2.5.7 Central & South America Gas Turbine Service Market Size and Prospective (2020-2031)
3 Breakdown Data by Type
3.1 Global Gas Turbine Service Historic Market Size by Type (2020-2025)
3.2 Global Gas Turbine Service Forecasted Market Size by Type (2026-2031)
3.3 Different Types Gas Turbine Service Representative Players
4 Breakdown Data by Application
4.1 Global Gas Turbine Service Historic Market Size by Application (2020-2025)
4.2 Global Gas Turbine Service Forecasted Market Size by Application (2026-2031)
4.3 New Sources of Growth in Gas Turbine Service Application
5 Competition Landscape by Players
5.1 Global Top Players by Revenue
5.1.1 Global Top Gas Turbine Service Players by Revenue (2020-2025)
5.1.2 Global Gas Turbine Service Revenue Market Share by Players (2020-2025)
5.2 Global Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
5.3 Players Covered: Ranking by Gas Turbine Service Revenue
5.4 Global Gas Turbine Service Market Concentration Analysis
5.4.1 Global Gas Turbine Service Market Concentration Ratio (CR5 and HHI)
5.4.2 Global Top 10 and Top 5 Companies by Gas Turbine Service Revenue in 2024
5.5 Global Key Players of Gas Turbine Service Head office and Area Served
5.6 Global Key Players of Gas Turbine Service, Product and Application
5.7 Global Key Players of Gas Turbine Service, Date of Enter into This Industry
5.8 Mergers & Acquisitions, Expansion Plans
6 Region Analysis
6.1 North America Market: Players, Segments and Downstream
6.1.1 North America Gas Turbine Service Revenue by Company (2020-2025)
6.1.2 North America Market Size by Type
6.1.2.1 North America Gas Turbine Service Market Size by Type (2020-2025)
6.1.2.2 North America Gas Turbine Service Market Share by Type (2020-2025)
6.1.3 North America Market Size by Application
6.1.3.1 North America Gas Turbine Service Market Size by Application (2020-2025)
6.1.3.2 North America Gas Turbine Service Market Share by Application (2020-2025)
6.1.4 North America Market Trend and Opportunities
6.2 Europe Market: Players, Segments and Downstream
6.2.1 Europe Gas Turbine Service Revenue by Company (2020-2025)
6.2.2 Europe Market Size by Type
6.2.2.1 Europe Gas Turbine Service Market Size by Type (2020-2025)
6.2.2.2 Europe Gas Turbine Service Market Share by Type (2020-2025)
6.2.3 Europe Market Size by Application
6.2.3.1 Europe Gas Turbine Service Market Size by Application (2020-2025)
6.2.3.2 Europe Gas Turbine Service Market Share by Application (2020-2025)
6.2.4 Europe Market Trend and Opportunities
6.3 China Market: Players, Segments and Downstream
6.3.1 China Gas Turbine Service Revenue by Company (2020-2025)
6.3.2 China Market Size by Type
6.3.2.1 China Gas Turbine Service Market Size by Type (2020-2025)
6.3.2.2 China Gas Turbine Service Market Share by Type (2020-2025)
6.3.3 China Market Size by Application
6.3.3.1 China Gas Turbine Service Market Size by Application (2020-2025)
6.3.3.2 China Gas Turbine Service Market Share by Application (2020-2025)
6.3.4 China Market Trend and Opportunities
6.4 Japan Market: Players, Segments and Downstream
6.4.1 Japan Gas Turbine Service Revenue by Company (2020-2025)
6.4.2 Japan Market Size by Type
6.4.2.1 Japan Gas Turbine Service Market Size by Type (2020-2025)
6.4.2.2 Japan Gas Turbine Service Market Share by Type (2020-2025)
6.4.3 Japan Market Size by Application
6.4.3.1 Japan Gas Turbine Service Market Size by Application (2020-2025)
6.4.3.2 Japan Gas Turbine Service Market Share by Application (2020-2025)
6.4.4 Japan Market Trend and Opportunities
6.5 Southeast Asia Market: Players, Segments and Downstream
6.5.1 Southeast Asia Gas Turbine Service Revenue by Company (2020-2025)
6.5.2 Southeast Asia Market Size by Type
6.5.2.1 Southeast Asia Gas Turbine Service Market Size by Type (2020-2025)
6.5.2.2 Southeast Asia Gas Turbine Service Market Share by Type (2020-2025)
6.5.3 Southeast Asia Market Size by Application
6.5.3.1 Southeast Asia Gas Turbine Service Market Size by Application (2020-2025)
6.5.3.2 Southeast Asia Gas Turbine Service Market Share by Application (2020-2025)
6.5.4 Southeast Asia Market Trend and Opportunities
6.6 India Market: Players, Segments and Downstream
6.6.1 India Gas Turbine Service Revenue by Company (2020-2025)
6.6.2 India Market Size by Type
6.6.2.1 India Gas Turbine Service Market Size by Type (2020-2025)
6.6.2.2 India Gas Turbine Service Market Share by Type (2020-2025)
6.6.3 India Market Size by Application
6.6.3.1 India Gas Turbine Service Market Size by Application (2020-2025)
6.6.3.2 India Gas Turbine Service Market Share by Application (2020-2025)
6.6.4 India Market Trend and Opportunities
7 Key Players Profiles
7.1 General Electric
7.1.1 General Electric Company Details
7.1.2 General Electric Business Overview
7.1.3 General Electric Gas Turbine Service Introduction
7.1.4 General Electric Revenue in Gas Turbine Service Business (2020-2025)
7.1.5 General Electric Recent Development
7.2 Mitsubishi Hitachi Power Systems
7.2.1 Mitsubishi Hitachi Power Systems Company Details
7.2.2 Mitsubishi Hitachi Power Systems Business Overview
7.2.3 Mitsubishi Hitachi Power Systems Gas Turbine Service Introduction
7.2.4 Mitsubishi Hitachi Power Systems Revenue in Gas Turbine Service Business (2020-2025)
7.2.5 Mitsubishi Hitachi Power Systems Recent Development
7.3 Siemens
7.3.1 Siemens Company Details
7.3.2 Siemens Business Overview
7.3.3 Siemens Gas Turbine Service Introduction
7.3.4 Siemens Revenue in Gas Turbine Service Business (2020-2025)
7.3.5 Siemens Recent Development
7.4 Wood Group
7.4.1 Wood Group Company Details
7.4.2 Wood Group Business Overview
7.4.3 Wood Group Gas Turbine Service Introduction
7.4.4 Wood Group Revenue in Gas Turbine Service Business (2020-2025)
7.4.5 Wood Group Recent Development
7.5 Kawasaki Heavy Industries
7.5.1 Kawasaki Heavy Industries Company Details
7.5.2 Kawasaki Heavy Industries Business Overview
7.5.3 Kawasaki Heavy Industries Gas Turbine Service Introduction
7.5.4 Kawasaki Heavy Industries Revenue in Gas Turbine Service Business (2020-2025)
7.5.5 Kawasaki Heavy Industries Recent Development
7.6 Solar Turbines
7.6.1 Solar Turbines Company Details
7.6.2 Solar Turbines Business Overview
7.6.3 Solar Turbines Gas Turbine Service Introduction
7.6.4 Solar Turbines Revenue in Gas Turbine Service Business (2020-2025)
7.6.5 Solar Turbines Recent Development
7.7 MTU Aero Engines
7.7.1 MTU Aero Engines Company Details
7.7.2 MTU Aero Engines Business Overview
7.7.3 MTU Aero Engines Gas Turbine Service Introduction
7.7.4 MTU Aero Engines Revenue in Gas Turbine Service Business (2020-2025)
7.7.5 MTU Aero Engines Recent Development
7.8 Ansaldo Energia
7.8.1 Ansaldo Energia Company Details
7.8.2 Ansaldo Energia Business Overview
7.8.3 Ansaldo Energia Gas Turbine Service Introduction
7.8.4 Ansaldo Energia Revenue in Gas Turbine Service Business (2020-2025)
7.8.5 Ansaldo Energia Recent Development
7.9 Sulzer
7.9.1 Sulzer Company Details
7.9.2 Sulzer Business Overview
7.9.3 Sulzer Gas Turbine Service Introduction
7.9.4 Sulzer Revenue in Gas Turbine Service Business (2020-2025)
7.9.5 Sulzer Recent Development
7.10 MAN Diesel & Turbo
7.10.1 MAN Diesel & Turbo Company Details
7.10.2 MAN Diesel & Turbo Business Overview
7.10.3 MAN Diesel & Turbo Gas Turbine Service Introduction
7.10.4 MAN Diesel & Turbo Revenue in Gas Turbine Service Business (2020-2025)
7.10.5 MAN Diesel & Turbo Recent Development
7.11 MJB International
7.11.1 MJB International Company Details
7.11.2 MJB International Business Overview
7.11.3 MJB International Gas Turbine Service Introduction
7.11.4 MJB International Revenue in Gas Turbine Service Business (2020-2025)
7.11.5 MJB International Recent Development
7.12 Proenergy Services
7.12.1 Proenergy Services Company Details
7.12.2 Proenergy Services Business Overview
7.12.3 Proenergy Services Gas Turbine Service Introduction
7.12.4 Proenergy Services Revenue in Gas Turbine Service Business (2020-2025)
7.12.5 Proenergy Services Recent Development
8 Gas Turbine Service Market Dynamics
8.1 Gas Turbine Service Industry Trends
8.2 Gas Turbine Service Market Drivers
8.3 Gas Turbine Service Market Challenges
8.4 Gas Turbine Service Market Restraints
9 Research Findings and Conclusion
10 Appendix
10.1 Research Methodology
10.1.1 Methodology/Research Approach
10.1.1.1 Research Programs/Design
10.1.1.2 Market Size Estimation
10.1.1.3 Market Breakdown and Data Triangulation
10.1.2 Data Source
10.1.2.1 Secondary Sources
10.1.2.2 Primary Sources
10.2 Author Details
10.3 Disclaimer

Companies Mentioned: 

General Electric
Mitsubishi Hitachi Power Systems
Siemens
Wood Group
Kawasaki Heavy Industries
Solar Turbines
MTU Aero Engines
Ansaldo Energia
Sulzer
MAN Diesel & Turbo
MJB International
Proenergy Services

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