The MRO (maintenance, repair and overhaul) business is one of the most interesting for manufacturing companies. MRO could be defined as 鈥渁ll actions that have the objective of retaining or restoring an item in or to a state in which it can perform its required function. The actions include the combination of all technical and corresponding administrative, managerial and supervision actions.
The global market for Steam Turbine MRO was estimated to be worth US$ 5546.1 million in 2023 and is forecast to a readjusted size of US$ 8103.5 million by 2030 with a CAGR of 5.5% during the forecast period 2024-2030.
The Top 2 companies in the world, including General Electric and Siemens, had a share of 35% in 2019. On the basis of product type, Maintenance segment is projected to account for the largest consumption value market share during the forecast period; this segment was estimated to account for 35% share in 2019 in terms of consumption value. In the applications, Power segment was estimated to account for the highest market share of 63% in 2019.
Report Scope
This report aims to provide a comprehensive presentation of the global market for Steam Turbine MRO, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyse their position in the current marketplace, and make informed business decisions regarding Steam Turbine MRO.
The Steam Turbine MRO market size, estimations, and forecasts are provided in terms of and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Steam Turbine MRO market comprehensively. Regional market sizes, concerning products by type, by application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Steam Turbine MRO companies, new entrants, and industry chain related companies in this market with information on the revenues for the overall market and the sub-segments across the different segments, by company, product type, application, and regions.
Market Segmentation
By Company
General Electric
Siemens
Dongfang Turbine
Shanghai Electric
MHPS
MAN Energy Solutions
Elliot
EthosEnergy
Sulzer
Harbin Electric
Ansaldo Energia
Toshiba Energy
Stork
Hangzhou Steam Turbine
Kawasaki Heavy Industries
Shandong Qingneng
Segment by Type
Maintenance
Repair
Overhaul
Spare Parts
Segment by Application
Power
Oil & Gas
Others
By Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
India
Southeast Asia
Australia
Rest of Asia-Pacific
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of Middle East & Africa
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (product type, application, etc), including the market size of each market segment, future development potential, and so on.
Chapter 2: Revenue of Steam Turbine MRO in global and regional level.
Chapter 3: Detailed analysis of Steam Turbine MRO company competitive landscape, revenue, market share and industry ranking, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides profiles of key companies, introducing the basic situation of the main companies in the market in detail, including product descriptions and specifications, Steam Turbine MRO revenue, gross margin, and recent development, etc.
Chapter 5: Provides the analysis of various market segments by Type, covering the revenue, and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the revenue, and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: North America (US & Canada) by Type, by Application and by country, revenue for each segment.
Chapter 8: Europe by Type, by Application and by country, revenue for each segment.
Chapter 9: Asia Pacific by Type, by Application and by region, revenue for each segment.
Chapter 10: Latin America by Type, by Application and by country, revenue for each segment.
Chapter 11: Middle East and Africa, by Type, by Application and by country, revenue for each segment.
Chapter 12: Analysis of industrial chain, sales channel, key raw materials, distributors, and customers.
Chapter 13: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 14: Research Findings and Conclusion
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1 Study Coverage
1.1 Steam Turbine MRO Product Introduction
1.2 Market by Type
1.2.1 Global Steam Turbine MRO Market Size Growth Rate by Type (2019 VS 2023 VS 2030)
1.2.2 Maintenance
1.2.3 Repair
1.2.4 Overhaul
1.2.5 Spare Parts
1.3 Market by Application
1.3.1 Global Steam Turbine MRO Market Size Growth Rate by Application (2019 VS 2023 VS 2030)
1.3.2 Power
1.3.3 Oil & Gas
1.3.4 Others
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Executive Summary
2.1 Global Steam Turbine MRO Market Size Estimates and Forecasts
2.2 Steam Turbine MRO Market Size by Region: 2023 Versus 2030
2.2.1 Global Steam Turbine MRO Revenue by Region: 2019-2024
2.2.2 Global Steam Turbine MRO Revenue Forecast by Region (2025-2030)
2.2.3 Global Steam Turbine MRO Revenue Market Share by Region (2019-2030)
3 Global Steam Turbine MRO by Company
3.1 Global Steam Turbine MRO Revenue by Company (2019-2024)
3.2 Global Steam Turbine MRO Revenue Share by Company (2019-2024)
3.3 Competitive Landscape
3.3.1 Key Steam Turbine MRO Companies around the World: Ranking by Revenue
3.3.2 Global Steam Turbine MRO Market Concentration Ratio (CR5 and HHI) & (2019-2024)
3.3.3 Global Steam Turbine MRO Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
3.4 Global Steam Turbine MRO Companies Headquarters & Product Type
3.4.1 Steam Turbine MRO Companies Headquarters
3.4.2 Global Steam Turbine MRO Companies Product & Service
3.4.3 Date of International Companies Enter into Steam Turbine MRO Market
3.5 Global Steam Turbine MRO Mergers & Acquisitions, Expansion Plans
4 Company Profiles
4.1 General Electric
4.1.1 General Electric Company Information
4.1.2 General Electric Description, Business Overview
4.1.3 General Electric Steam Turbine MRO Products Offered
4.1.4 General Electric Steam Turbine MRO Revenue and Gross Margin (2019-2024)
4.1.5 General Electric Steam Turbine MRO Revenue by Product in 2023
4.1.6 General Electric Steam Turbine MRO Revenue by Application in 2023
4.1.7 General Electric Steam Turbine MRO Revenue by Geographic Area in 2023
4.1.8 General Electric Recent Developments
4.2 Siemens
4.2.1 Siemens Company Information
4.2.2 Siemens Description, Business Overview
4.2.3 Siemens Steam Turbine MRO Products Offered
4.2.4 Siemens Steam Turbine MRO Revenue and Gross Margin (2019-2024)
4.2.5 Siemens Steam Turbine MRO Revenue by Product in 2023
4.2.6 Siemens Steam Turbine MRO Revenue by Application in 2023
4.2.7 Siemens Steam Turbine MRO Revenue by Geographic Area in 2023
4.2.8 Siemens Recent Developments
4.3 Dongfang Turbine
4.3.1 Dongfang Turbine Company Information
4.3.2 Dongfang Turbine Description, Business Overview
4.3.3 Dongfang Turbine Steam Turbine MRO Products Offered
4.3.4 Dongfang Turbine Steam Turbine MRO Revenue and Gross Margin (2019-2024)
4.3.5 Dongfang Turbine Steam Turbine MRO Revenue by Product in 2023
4.3.6 Dongfang Turbine Steam Turbine MRO Revenue by Application in 2023
4.3.7 Dongfang Turbine Steam Turbine MRO Revenue by Geographic Area in 2023
4.3.8 Dongfang Turbine Recent Developments
4.4 Shanghai Electric
4.4.1 Shanghai Electric Company Information
4.4.2 Shanghai Electric Description, Business Overview
4.4.3 Shanghai Electric Steam Turbine MRO Products Offered
4.4.4 Shanghai Electric Steam Turbine MRO Revenue and Gross Margin (2019-2024)
4.4.5 Shanghai Electric Steam Turbine MRO Revenue by Product in 2023
4.4.6 Shanghai Electric Steam Turbine MRO Revenue by Application in 2023
4.4.7 Shanghai Electric Steam Turbine MRO Revenue by Geographic Area in 2023
4.4.8 Shanghai Electric Recent Developments
4.5 MHPS
4.5.1 MHPS Company Information
4.5.2 MHPS Description, Business Overview
4.5.3 MHPS Steam Turbine MRO Products Offered
4.5.4 MHPS Steam Turbine MRO Revenue and Gross Margin (2019-2024)
4.5.5 MHPS Steam Turbine MRO Revenue by Product in 2023
4.5.6 MHPS Steam Turbine MRO Revenue by Application in 2023
4.5.7 MHPS Steam Turbine MRO Revenue by Geographic Area in 2023
4.5.8 MHPS Recent Developments
4.6 MAN Energy Solutions
4.6.1 MAN Energy Solutions Company Information
4.6.2 MAN Energy Solutions Description, Business Overview
4.6.3 MAN Energy Solutions Steam Turbine MRO Products Offered
4.6.4 MAN Energy Solutions Steam Turbine MRO Revenue and Gross Margin (2019-2024)
4.6.5 MAN Energy Solutions Steam Turbine MRO Revenue by Product in 2023
4.6.6 MAN Energy Solutions Steam Turbine MRO Revenue by Application in 2023
4.6.7 MAN Energy Solutions Steam Turbine MRO Revenue by Geographic Area in 2023
4.6.8 MAN Energy Solutions Recent Development
4.7 Elliot
4.7.1 Elliot Company Information
4.7.2 Elliot Description, Business Overview
4.7.3 Elliot Steam Turbine MRO Products Offered
4.7.4 Elliot Steam Turbine MRO Revenue and Gross Margin (2019-2024)
4.7.5 Elliot Steam Turbine MRO Revenue by Product in 2023
4.7.6 Elliot Steam Turbine MRO Revenue by Application in 2023
4.7.7 Elliot Steam Turbine MRO Revenue by Geographic Area in 2023
4.7.8 Elliot Recent Development
4.8 EthosEnergy
4.8.1 EthosEnergy Company Information
4.8.2 EthosEnergy Description, Business Overview
4.8.3 EthosEnergy Steam Turbine MRO Products Offered
4.8.4 EthosEnergy Steam Turbine MRO Revenue and Gross Margin (2019-2024)
4.8.5 EthosEnergy Steam Turbine MRO Revenue by Product in 2023
4.8.6 EthosEnergy Steam Turbine MRO Revenue by Application in 2023
4.8.7 EthosEnergy Steam Turbine MRO Revenue by Geographic Area in 2023
4.8.8 EthosEnergy Recent Development
4.9 Sulzer
4.9.1 Sulzer Company Information
4.9.2 Sulzer Description, Business Overview
4.9.3 Sulzer Steam Turbine MRO Products Offered
4.9.4 Sulzer Steam Turbine MRO Revenue and Gross Margin (2019-2024)
4.9.5 Sulzer Steam Turbine MRO Revenue by Product in 2023
4.9.6 Sulzer Steam Turbine MRO Revenue by Application in 2023
4.9.7 Sulzer Steam Turbine MRO Revenue by Geographic Area in 2023
4.9.8 Sulzer Recent Development
4.10 Harbin Electric
4.10.1 Harbin Electric Company Information
4.10.2 Harbin Electric Description, Business Overview
4.10.3 Harbin Electric Steam Turbine MRO Products Offered
4.10.4 Harbin Electric Steam Turbine MRO Revenue and Gross Margin (2019-2024)
4.10.5 Harbin Electric Steam Turbine MRO Revenue by Product in 2023
4.10.6 Harbin Electric Steam Turbine MRO Revenue by Application in 2023
4.10.7 Harbin Electric Steam Turbine MRO Revenue by Geographic Area in 2023
4.10.8 Harbin Electric Recent Development
4.11 Ansaldo Energia
4.11.1 Ansaldo Energia Company Information
4.11.2 Ansaldo Energia Description, Business Overview
4.11.3 Ansaldo Energia Steam Turbine MRO Products Offered
4.11.4 Ansaldo Energia Steam Turbine MRO Revenue and Gross Margin (2019-2024)
4.11.5 Ansaldo Energia Steam Turbine MRO Revenue by Product in 2023
4.11.6 Ansaldo Energia Steam Turbine MRO Revenue by Application in 2023
4.11.7 Ansaldo Energia Steam Turbine MRO Revenue by Geographic Area in 2023
4.11.8 Ansaldo Energia Recent Development
4.12 Toshiba Energy
4.12.1 Toshiba Energy Company Information
4.12.2 Toshiba Energy Description, Business Overview
4.12.3 Toshiba Energy Steam Turbine MRO Products Offered
4.12.4 Toshiba Energy Steam Turbine MRO Revenue and Gross Margin (2019-2024)
4.12.5 Toshiba Energy Steam Turbine MRO Revenue by Product in 2023
4.12.6 Toshiba Energy Steam Turbine MRO Revenue by Application in 2023
4.12.7 Toshiba Energy Steam Turbine MRO Revenue by Geographic Area in 2023
4.12.8 Toshiba Energy Recent Development
4.13 Stork
4.13.1 Stork Company Information
4.13.2 Stork Description, Business Overview
4.13.3 Stork Steam Turbine MRO Products Offered
4.13.4 Stork Steam Turbine MRO Revenue and Gross Margin (2019-2024)
4.13.5 Stork Steam Turbine MRO Revenue by Product in 2023
4.13.6 Stork Steam Turbine MRO Revenue by Application in 2023
4.13.7 Stork Steam Turbine MRO Revenue by Geographic Area in 2023
4.13.8 Stork Recent Development
4.14 Hangzhou Steam Turbine
4.14.1 Hangzhou Steam Turbine Company Information
4.14.2 Hangzhou Steam Turbine Description, Business Overview
4.14.3 Hangzhou Steam Turbine Steam Turbine MRO Products Offered
4.14.4 Hangzhou Steam Turbine Steam Turbine MRO Revenue and Gross Margin (2019-2024)
4.14.5 Hangzhou Steam Turbine Steam Turbine MRO Revenue by Product in 2023
4.14.6 Hangzhou Steam Turbine Steam Turbine MRO Revenue by Application in 2023
4.14.7 Hangzhou Steam Turbine Steam Turbine MRO Revenue by Geographic Area in 2023
4.14.8 Hangzhou Steam Turbine Recent Development
4.15 Kawasaki Heavy Industries
4.15.1 Kawasaki Heavy Industries Company Information
4.15.2 Kawasaki Heavy Industries Description, Business Overview
4.15.3 Kawasaki Heavy Industries Steam Turbine MRO Products Offered
4.15.4 Kawasaki Heavy Industries Steam Turbine MRO Revenue and Gross Margin (2019-2024)
4.15.5 Kawasaki Heavy Industries Steam Turbine MRO Revenue by Product in 2023
4.15.6 Kawasaki Heavy Industries Steam Turbine MRO Revenue by Application in 2023
4.15.7 Kawasaki Heavy Industries Steam Turbine MRO Revenue by Geographic Area in 2023
4.15.8 Kawasaki Heavy Industries Recent Development
4.16 Shandong Qingneng
4.16.1 Shandong Qingneng Company Information
4.16.2 Shandong Qingneng Description, Business Overview
4.16.3 Shandong Qingneng Steam Turbine MRO Products Offered
4.16.4 Shandong Qingneng Steam Turbine MRO Revenue and Gross Margin (2019-2024)
4.16.5 Shandong Qingneng Steam Turbine MRO Revenue by Product in 2023
4.16.6 Shandong Qingneng Steam Turbine MRO Revenue by Application in 2023
4.16.7 Shandong Qingneng Steam Turbine MRO Revenue by Geographic Area in 2023
4.16.8 Shandong Qingneng Recent Development
5 Breakdown Data by Type
5.1 Global Steam Turbine MRO Revenue by Type (2019-2024)
5.2 Global Steam Turbine MRO Revenue Forecast by Type (2025-2030)
5.3 Steam Turbine MRO Revenue Market Share by Type (2019-2030)
6 Breakdown Data by Application
6.1 Global Steam Turbine MRO Revenue by Application (2019-2024)
6.2 Global Steam Turbine MRO Revenue Forecast by Application (2025-2030)
6.3 Steam Turbine MRO Revenue Market Share by Application (2019-2030)
7 North America
7.1 North America Steam Turbine MRO Market Size YoY Growth 2019-2030
7.2 North America Steam Turbine MRO Market Facts & Figures by Country (2019-2030)
7.3 North America Steam Turbine MRO Revenue by Type (2019-2024)
7.4 North America Steam Turbine MRO Revenue by Application (2019-2024)
8 Asia-Pacific
8.1 Asia-Pacific Steam Turbine MRO Market Size YoY Growth 2019-2030
8.2 Asia-Pacific Steam Turbine MRO Market Facts & Figures by Region (2019-2030)
8.3 Asia-Pacific Steam Turbine MRO Revenue by Type (2019-2024)
8.4 Asia-Pacific Steam Turbine MRO Revenue by Application (2019-2024)
9 Europe
9.1 Europe Steam Turbine MRO Market Size YoY Growth 2019-2030
9.2 Europe Steam Turbine MRO Market Facts & Figures by Country (2019-2030)
9.3 Europe Steam Turbine MRO Revenue by Type (2019-2024)
9.4 Europe Steam Turbine MRO Revenue by Application (2019-2024)
10 Latin America
10.1 Latin America Steam Turbine MRO Market Size YoY Growth 2019-2030
10.2 Latin America Steam Turbine MRO Market Facts & Figures by Country (2019-2030)
10.3 Latin America Steam Turbine MRO Revenue by Type (2019-2024)
10.4 Latin America Steam Turbine MRO Revenue by Application (2019-2024)
11 Middle East and Africa
11.1 Middle East and Africa Steam Turbine MRO Market Size YoY Growth 2019-2030
11.2 Middle East and Africa Steam Turbine MRO Market Facts & Figures by Country (2019-2030)
11.3 Middle East and Africa Steam Turbine MRO Revenue by Type (2019-2024)
11.4 Middle East and Africa Steam Turbine MRO Revenue by Application (2019-2024)
12 Supply Chain and Sales Channel Analysis
12.1 Steam Turbine MRO Supply Chain Analysis
12.2 Steam Turbine MRO Key Raw Materials and Upstream Suppliers
12.3 Steam Turbine MRO Clients Analysis
12.4 Steam Turbine MRO Sales Channel and Sales Model Analysis
12.4.1 Steam Turbine MRO Distribution Channel Analysis: Indirect Sales VS Direct Sales
12.4.2 Steam Turbine MRO Distribution Channel Analysis: Online Sales VS Offline Sales
12.4.3 Steam Turbine MRO Distributors
13 Market Dynamics
13.1 Steam Turbine MRO Industry Trends
13.2 Steam Turbine MRO Market Drivers
13.3 Steam Turbine MRO Market Challenges
13.4 Steam Turbine MRO Market Restraints
14 Research Findings and Conclusion
15 Appendix
15.1 Research Methodology
15.1.1 Methodology/Research Approach
15.1.2 Data Source
15.2 Author Details
15.3 Disclaimer
General Electric
Siemens
Dongfang Turbine
Shanghai Electric
MHPS
MAN Energy Solutions
Elliot
EthosEnergy
Sulzer
Harbin Electric
Ansaldo Energia
Toshiba Energy
Stork
Hangzhou Steam Turbine
Kawasaki Heavy Industries
Shandong Qingneng
听
听
*If Applicable.