Steam Turbine MRO Market - Top Companies and Manufacturers

Companies Dominating the Global Steam Turbine MRO Landscape

GENERAL ELECTRIC COMPANY
- Company Overview
- Business Strategy
- Key Product Offerings
- Financial Performance
- Key Performance Indicators
- Risk Analysis
- Recent Development
- Regional Presence
- SWOT Analysis
HYUNDAI HEAVY INDUSTRIES TURBOMACHINERY Co., Ltd.
Mitsubishi Power, Ltd.
Ansaldo Energia S.p.A.
Elliott Group
Kessels
Shanghai Electric
Stork Technical Services Holding B.V.
Sulzer Ltd
Siemens AG

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Steam Turbine MRO Market Size & Share, Growth Analysis 2036

In the News

GENERAL ELECTRIC COMPANY signed a contract with BHEL worth USD 165 million to supply three nuclear steam turbines. Out of six units of NPCIL’s domestic nuclear program-phase 1 only three of the units are equipped with nuclear turbines where 1 to 4 units were developed at Gorakhpur, Haryana, and the remaining 5 and 6 units at Kaiga, Karnataka of India.

Ansaldo Energia S.p.A. the Italian power engineering magnate, signed a contract worth around USD 64 million with the Polish chemical company Synthos to install a new gas turbine to satisfy all different needs of customers, from producing electricity to generating heat for local district heating.

Frequently Asked Questions (FAQ)

In the year 2024, the industry size of steam turbine mro is assessed at USD 23.4 Billion.

The steam turbine mro market size was valued at USD 22.7 Billion in 2023 and is anticipated to reach USD 34.19 Billion by 2036, expanding at around 3.2% CAGR during the forecast period i.e., between 2024-2036. The major growth drivers for the market are the growing potential of thermal energy in emerging nations, and rapid industrialization and urbanization.

North America industry is estimated to have the highest growth through 2036, backed by increasing presence of thermal coal plants across the region.

GENERAL ELECTRIC COMPANY, HYUNDAI HEAVY INDUSTRIES TURBOMACHINERY Co., Ltd., Mitsubishi Power, Ltd., Ansaldo Energia S.p.A., Elliott Group, Kessels, Shanghai Electric, Stork Technical Services Holding B.V., Sulzer Ltd, Siemens AG

Steam Turbine MRO Market - Top Companies and Manufacturers

Companies Dominating the Global Steam Turbine MRO Landscape

Browse Key Market Insights with Data Illustration:

In the News

Frequently Asked Questions (FAQ)

How big is the steam turbine MRO market?

What are the factors driving the steam turbine MRO landscape?

Which region held the largest steam turbine MRO industry share?

Who are the key players in the steam turbine MRO sector?