Summary

The Global Gas Turbine Services Market is valued approximately at USD 40.06 billion in 2024 and is anticipated to accelerate at a strong compound annual growth rate (CAGR) of 8.70% throughout the forecast period 2025-2035. As the world shifts toward more efficient, cleaner energy production systems, gas turbines have become a linchpin in power generation, especially in fast-developing economies and energy-intensive industries. Gas turbine services encompass maintenance, repair, and overhaul (MRO), upgrades, and operational support—essentials that ensure performance efficiency, reduce downtime, and extend lifecycle value. With aging turbine fleets across the globe and an uptick in power plant construction driven by urbanization and industrial growth, the demand for comprehensive gas turbine servicing is poised to witness significant expansion.
Heightened attention on lowering emissions and optimizing turbine output has triggered a spike in both planned and unplanned maintenance activities. Gas turbines, known for their ability to operate on a range of fuels—from natural gas to hydrogen blends—are increasingly being used in hybrid systems and peaker plants to stabilize energy grids during load fluctuations. As a result, service contracts are not only becoming more customized and predictive but are also increasingly supported by data analytics, digital twins, and AI-driven diagnostics. Players in the sector are actively adopting digital service portfolios that offer remote monitoring, predictive maintenance, and performance benchmarking, allowing utilities and industries to preempt mechanical failures while achieving operational savings. Additionally, the growth in non-OEM service providers offering cost-effective alternatives has intensified the competitive landscape, giving end-users more flexibility and bargaining power.
Regionally, North America held a dominant position in 2024 and is expected to maintain its stronghold, fueled by the ongoing refurbishment of aging gas turbines, adoption of combined-cycle power plants, and governmental efforts to transition to lower-carbon energy sources. The United States continues to drive regional demand with its extensive gas-fired capacity and rising integration of renewable energy, which requires gas turbines to act as dependable backup power sources. Meanwhile, Europe is steadily progressing with decarbonization mandates, fueling investment in high-efficiency turbines and after-market services. Asia Pacific is projected to be the fastest-growing region during the forecast period. Countries such as China, India, and Indonesia are rapidly scaling up electricity generation capacity, particularly in remote areas, which is propelling the uptake of gas turbines and their associated services. Additionally, growing industrialization, infrastructure development, and increasing electricity demand further amplify the need for consistent servicing frameworks in the region.
Major market player included in this report are:
• General Electric
• Mitsubishi Power
• Siemens Energy
• Solar Turbines
• Kawasaki Heavy Industries
• Rolls-Royce Holdings PLC
• MAN Energy Solutions
• MTU Aero Engines AG
• Sulzer Ltd.
• EthosEnergy Group
• Centrax Gas Turbines
• Doosan Heavy Industries & Construction
• Bharat Heavy Electricals Limited
• Ansaldo Energia
• Harbin Electric Machinery Company Limited
Global Gas Turbine Services Market Report Scope:
• Historical Data – 2023, 2024
• Base Year for Estimation – 2024
• Forecast period – 2025-2035
• Report Coverage – Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
• Regional Scope – North America; Europe; Asia Pacific; Latin America; Middle East & Africa
• Customization Scope – Free report customization (equivalent up to 8 analysts’ working hours) with purchase. Addition or alteration to country, regional & segment scope*
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values for the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within the countries involved in the study. The report also provides detailed information about crucial aspects, such as driving factors and challenges, which will define the future growth of the market. Additionally, it incorporates potential opportunities in micro-markets for stakeholders to invest, along with a detailed analysis of the competitive landscape and product offerings of key players.
The detailed segments and sub-segments of the market are explained below:
By Turbine Type:
• Industrial
• Heavy-duty
By Service Provider:
• OEM
• Non-OEM
By Turbine Capacity:
• ≤200 MW
• >200 MW
By Service Type:
• Maintenance & Repair
• Overhaul
• Spare Parts Supply
• Others
By End-use:
• Power Generation
• Oil & Gas
• Marine
• Aerospace
• Others
By Region:
North America
• U.S.
• Canada
Europe
• UK
• Germany
• France
• Spain
• Italy
• Rest of Europe
Asia Pacific
• China
• India
• Japan
• Australia
• South Korea
• Rest of Asia Pacific
Latin America
• Brazil
• Mexico
Middle East & Africa
• UAE
• Saudi Arabia
• South Africa
• Rest of Middle East & Africa
Key Takeaways:
• Market Estimates & Forecast for 10 years from 2025 to 2035.
• Annualized revenues and regional level analysis for each market segment.
• Detailed analysis of geographical landscape with Country level analysis of major regions.
• Competitive landscape with information on major players in the market.
• Analysis of key business strategies and recommendations on future market approach.
• Analysis of competitive structure of the market.
• Demand side and supply side analysis of the market.

ページTOPに戻る

Table of Contents

Table of Contents
Chapter 1. Global Gas Turbine Services Market Report Scope & Methodology
1.1. Research Objective
1.2. Research Methodology
 1.2.1. Forecast Model
 1.2.2. Desk Research
 1.2.3. Top Down and Bottom-Up Approach
1.3. Research Attributes
1.4. Scope of the Study
 1.4.1. Market Definition
 1.4.2. Market Segmentation
1.5. Research Assumption
 1.5.1. Inclusion & Exclusion
 1.5.2. Limitations
 1.5.3. Years Considered for the Study
Chapter 2. Executive Summary
2.1. CEO/CXO Standpoint
2.2. Strategic Insights
2.3. ESG Analysis
2.4. Key Findings
Chapter 3. Global Gas Turbine Services Market Forces Analysis (2024–2035)
3.1. Market Forces Shaping The Global Gas Turbine Services Market
3.2. Drivers
 3.2.1. Increasing demand for cleaner and more efficient energy systems
 3.2.2. Rise in aging gas turbine infrastructure globally
 3.2.3. Expansion of power generation capacity in emerging economies
3.3. Restraints
 3.3.1. High operational and maintenance costs associated with gas turbine servicing
 3.3.2. Growing penetration of renewable energy technologies
3.4. Opportunities
 3.4.1. Integration of AI and data analytics in service operations
 3.4.2. Growth in non-OEM service providers offering flexible service models
Chapter 4. Global Gas Turbine Services Industry Analysis
4.1. Porter’s 5 Forces Model
 4.1.1. Bargaining Power of Buyer
 4.1.2. Bargaining Power of Supplier
 4.1.3. Threat of New Entrants
 4.1.4. Threat of Substitutes
 4.1.5. Competitive Rivalry
4.2. Porter’s 5 Force Forecast Model (2024–2035)
4.3. PESTEL Analysis
 4.3.1. Political
 4.3.2. Economical
 4.3.3. Social
 4.3.4. Technological
 4.3.5. Environmental
 4.3.6. Legal
4.4. Top Investment Opportunities
4.5. Top Winning Strategies (2025)
4.6. Market Share Analysis (2024–2025)
4.7. Global Pricing Analysis and Trends 2025
4.8. Analyst Recommendation & Conclusion
Chapter 5. Global Gas Turbine Services Market Size & Forecasts by Turbine Type 2025–2035
5.1. Market Overview
5.2. Global Gas Turbine Services Market Performance – Potential Analysis (2025)
5.3. Industrial
 5.3.1. Top Countries Breakdown Estimates & Forecasts, 2024–2035
 5.3.2. Market size analysis, by region, 2025–2035
5.4. Heavy-duty
 5.4.1. Top Countries Breakdown Estimates & Forecasts, 2024–2035
 5.4.2. Market size analysis, by region, 2025–2035
Chapter 6. Global Gas Turbine Services Market Size & Forecasts by Service Provider 2025–2035
6.1. Market Overview
6.2. OEM
 6.2.1. Top Countries Breakdown Estimates & Forecasts, 2024–2035
 6.2.2. Market size analysis, by region, 2025–2035
6.3. Non-OEM
 6.3.1. Top Countries Breakdown Estimates & Forecasts, 2024–2035
 6.3.2. Market size analysis, by region, 2025–2035
Chapter 7. Global Gas Turbine Services Market Size & Forecasts by Turbine Capacity 2025–2035
7.1. Market Overview
7.2. ≤200 MW
 7.2.1. Top Countries Breakdown Estimates & Forecasts, 2024–2035
 7.2.2. Market size analysis, by region, 2025–2035
7.3. >200 MW
 7.3.1. Top Countries Breakdown Estimates & Forecasts, 2024–2035
 7.3.2. Market size analysis, by region, 2025–2035
Chapter 8. Global Gas Turbine Services Market Size & Forecasts by Service Type 2025–2035
8.1. Market Overview
8.2. Maintenance & Repair
8.3. Overhaul
8.4. Spare Parts Supply
8.5. Others
Chapter 9. Global Gas Turbine Services Market Size & Forecasts by End-use 2025–2035
9.1. Market Overview
9.2. Power Generation
9.3. Oil & Gas
9.4. Marine
9.5. Aerospace
9.6. Others
Chapter 10. Global Gas Turbine Services Market Size & Forecasts by Region 2025–2035
10.1. Regional Market Snapshot
10.2. Top Leading & Emerging Countries
10.3. North America Gas Turbine Services Market
 10.3.1. U.S.
  10.3.1.1. Turbine Type breakdown size & forecasts, 2025–2035
  10.3.1.2. End-use breakdown size & forecasts, 2025–2035
 10.3.2. Canada
  10.3.2.1. Turbine Type breakdown size & forecasts, 2025–2035
  10.3.2.2. End-use breakdown size & forecasts, 2025–2035
10.4. Europe Gas Turbine Services Market
 10.4.1. UK
 10.4.2. Germany
 10.4.3. France
 10.4.4. Spain
 10.4.5. Italy
 10.4.6. Rest of Europe
10.5. Asia Pacific Gas Turbine Services Market
 10.5.1. China
 10.5.2. India
 10.5.3. Japan
 10.5.4. Australia
 10.5.5. South Korea
 10.5.6. Rest of Asia Pacific
10.6. Latin America Gas Turbine Services Market
 10.6.1. Brazil
 10.6.2. Mexico
10.7. Middle East and Africa Gas Turbine Services Market
 10.7.1. UAE
 10.7.2. Saudi Arabia
 10.7.3. South Africa
 10.7.4. Rest of Middle East & Africa
Chapter 11. Competitive Intelligence
11.1. Top Market Strategies
11.2. General Electric
 11.2.1. Company Overview
 11.2.2. Key Executives
 11.2.3. Company Snapshot
 11.2.4. Financial Performance (Subject to Data Availability)
 11.2.5. Product/Services Portfolio
 11.2.6. Recent Development
 11.2.7. Market Strategies
 11.2.8. SWOT Analysis
11.3. Siemens Energy
11.4. Mitsubishi Power
11.5. Solar Turbines
11.6. Kawasaki Heavy Industries
11.7. Rolls-Royce Holdings PLC
11.8. MAN Energy Solutions
11.9. MTU Aero Engines AG
11.10. Sulzer Ltd.
11.11. EthosEnergy Group
11.12. Centrax Gas Turbines
11.13. Doosan Heavy Industries & Construction
11.14. Bharat Heavy Electricals Limited
11.15. Ansaldo Energia
11.16. Harbin Electric Machinery Company Limited