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Gas Turbine MRO Market in the Power Industry is expected to reach $17.8 Billion by 2025 – An exclusive market research report by Lucintel

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Gas Turbine MRO Market in the Power Industry is expected to reach $17.8 Billion by 2025 – An exclusive market research report by Lucintel

August 03
15:40 2021
Gas Turbine MRO Market in the Power Industry is expected to reach $17.8 Billion by 2025 - An exclusive market research report by Lucintel

Trends and Forecast for the Global Gas Turbine MRO Market
Trends, opportunities and forecast in gas turbine MRO market in the power industry to 2024 by end use industries, type of service (maintenance, repair, and overhaul), service provider (original equipment manufacturers, independent service providers, in-house), turbine size (more than 180 MW, 61 – 180 MW, and 1 – 60 MW) and region (North America, Europe, Asia Pacific, and the Rest of the World)

Lucintel’s latest market report analyzed that gas turbine MRO market in the power industry provides attractive opportunities in the maintenance service type. The gas turbine MRO market in the power industry market is expected to reach $17.8 billion by 2025 with a CAGR of 3.4%. In this market, maintenance is the largest segment by type of service, whereas electric power utility is largest by end use industry.

Download Brochure of this report by clicking on https://www.lucintel.com/gas-turbine-mro-in-power.aspx

Based on type of service, the gas turbine MRO market in the power industry market is segmented into maintenance, repair, and overhaul. The maintenance segment is accounted for the largest share of the market in 2020 and is expected to register the highest CAGR during the forecast period supported by the increasing fleet age of gas turbines in the power industry.   

Browse in-depth TOC on “Gas Turbine MRO Market in the Power Industry”

58 – Tables

77 – Figures

130 – Pages

The gas turbine MRO market in the power industry market is marked by the presence of several big and small players. Some of the prominent players offering gas turbine MRO market in the power industry include General Electrical, Siemens, Mitsubishi Heavy Industries, Wood Group, and Sulzer.

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link [email protected].

About Lucintel

Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.

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