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 2036

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 2023, the industry size of the gas turbine MRO market was over USD 18 billion.

The market size of the gas turbine MRO market is projected to cross USD 42 billion by the end of 2036 expanding at a CAGR of 7.2% during the forecast period i.e., between 2024-2036.

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.

In terms of service type, the maintenance segment is anticipated to garner the largest market share of 48% by 2036 and display significant growth opportunities during 2024-2036

The market in the North American region is projected to hold the largest market share of 46% by the end of 2036 and provide more business opportunities in the future.

Gas Turbine MRO Market - Top Companies and Manufacturers

Companies Dominating the Gas Turbine MRO Market

Browse Key Market Insights with Data Illustration:

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Frequently Asked Questions (FAQ)

How big is the gas turbine MRO market?

What is the outlook for the gas turbine MRO market?

Who are the major players dominating the gas turbine MRO market?

Which service type segment will capture the significant market share for the gas turbine MRO market by 2036?

Which region will provide more business opportunities for the growth of the fencing market in the future?