Gas Turbine MRO Market - Top Companies and Manufacturers

Companies Dominating the Gas Turbine MRO Market

Most of the key players are continuously collaborating, expanding, making agreements, and joining ventures for the growth of the gas turbine MRO market and are estimated to be the major key players in this landscape.

Bharat Heavy Electrical Limited
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General Electric (GE)
Ansaldo Energia
Solar Turbines
Baker Hughes
Evonik Industries Flour Corp.
OPRA Turbines
Caterpillar Inc.
Metalock Engineering Group

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Gas Turbine MRO Market Size & Share | Growth Analysis 2037

In the News

General Electric- accelerated the maintenance of its industry-leading HA gas turbines with the first shipment of HA component repairs to Global Repair Solutions Singapore Center's (GRAS) newly opened ART Centre in Singapore.
Evonik Industries- This is a specialty chemical company, that has chosen Siemens to build a turnkey merged cycle power plant within the Marl Chemical Park in North Rhine-Westphalia, Germany.

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of gas turbine MRO is estimated at USD 15.52 billion.

The gas turbine MRO market size was over USD 15.11 billion in 2024 and is anticipated to cross USD 23.34 billion by 2037, growing at more than 3.4% CAGR during the forecast period i.e., between 2025-2037. The market growth is propelled by increasing digitization, as it allows for predictive maintenance to be performed more accurately, leading to reduced operating costs, improved efficiency, and greater uptime.

North America industry is set to account for largest revenue share of 46% by 2037, impelled by tremendous demand for natural gas, as there is a rise in population, which is shifting more towards the usage of clean energy in the region.

The major players in the market are General Electric (GE), Ansaldo Energia, Solar Turbines, Baker Hughes, Evonik Industries Flour Corp., OPRA Turbines, Caterpillar Inc., Metalock Engineering Group, and others.

Gas Turbine MRO Market - Top Companies and Manufacturers

Companies Dominating the Gas Turbine MRO Market

Browse Key Market Insights with Data Illustration:

In the News

Frequently Asked Questions (FAQ)

What is the size of the gas turbine MRO market?

Why is the gas turbine MRO sector gaining traction in near future?

Which region accounted for the largest gas turbine MRO industry share?

Who are the major gas turbine MRO players?