Gas Turbine MRO Market Globally Growing at a CAGR of 4.14% by Revenue Over the Forecast Period 2017-2021

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About Gas Turbine MRO
Gas turbines are mainly used in gas-fired power plants for power generation. Natural gas is used as a source of fuel in gas turbines owing to lesser carbon emissions when compared with coal. Owing to advancements in technology, gas turbines provide better output at higher efficiencies. The efficiency of gas turbines has increased drastically from 15% to nearly 60%. To maintain the efficiency of gas turbines during their lifetime, MRO services are used.

Technavios analysts forecast the global gas turbine MRO market to grow at a CAGR of 4.14% during the period 2017-2021.

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Covered in this report
The report covers the present scenario and the growth prospects of the global gas turbine MRO market for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:
North America
APAC
Europe
ROW

Technavio’s report, Global Gas Turbine MRO Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors 
Ansaldo Energia
GE
KHI
MHPS
Siemens

Other prominent vendors 
ABB
MAN Diesel & Turbo
MTU AERO ENGINES
Solar Turbines
Sulzer
Zorya-Mashproekt

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Market driver 
Shutting down of coal-based power plants
For a full, detailed list, view our report

Market challenge 
Declining oil prices
For a full, detailed list, view our report

Market trend 
Market consolidation
For a full, detailed list, view our report

Key questions answered in this report 
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?

Table of Contents

PART 01: Executive summary
PART 02: Scope of the report
PART 03: Research Methodology
PART 04: Introduction
Market outline
PART 05: Market landscape
Market overview
Market size and forecast
Five forces analysis

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