Gas Turbine Services Global Market 2024 - By Growth, Drivers, Growth Trends, Analysis Forecast To 2033

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Gas Turbine Services Global Market Report 2023
Market Size, Trends and Global Forecast 2023-2032
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Gas Turbine Services Market Segments
The Business Research Company segments its Gas
Turbine Services market report as
Heavy Duty, Industrial, Aeroderivative
By Type
Maintenance and Repair, Overhaul, Spare parts
supply
By Service
OEM, Non-OEM
By Service Provider
Power Generation, Oil and Gas, Other End-Users
By End-User
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Market Statistics
The gas turbine services market size has grown
rapidly in recent years. It will grow from 26.82
billion in 2023 to 29.52 billion in 2024 at a
compound annual growth rate (CAGR) of 10.1. The
gas turbine services market size is expected to
see strong growth in the next few years. It will
grow to 42.83 billion in 2028 at a compound
annual growth rate (CAGR) of 9.8.
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Key Market Drivers And Trends
Drivers
Rising urbanization is expected to propel the gas
turbine services market going forward.
Trends
Technological advancements are a key trend
gaining popularity in the gas turbine services
market.
Region
North America was the largest region in the gas
turbine services market share in 2023. The
regions covered in the gas turbine services
market report are Asia-Pacific, Western Europe,
Eastern Europe, North America, South America,
Middle East, Africa.
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Key Market Players

• Major players in the Gas Turbine Services market
  are
• Siemens AG
• General Electric Company
• Mitsubishi Heavy Industries Ltd.
• Ansaldo Energia SpA
• MAN Energy Solutions SE
• And more.

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