The global gas turbine services market size is calculated at USD 44.49 billion in 2025 and is forecasted to reach around USD 93.43 billion by 2034, accelerating at a CAGR of 8.61% from 2025 to 2034. The Asia Pacific gas turbine services market size surpassed USD 17.80 billion in 2025 and is expanding at a CAGR of 8.74% during the forecast period. The market sizing and forecasts are revenue-based (USD Million/Billion), with 2024 as the base year.
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
3.1. Market Snapshot
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
5.1. COVID-19 Landscape: Gas Turbine Services Industry Impact
5.2. COVID 19 - Impact Assessment for the Industry
5.3. COVID 19 Impact: Global Major Government Policy
5.4. Market Trends and Opportunities in the COVID-19 Landscape
6.1. Market Dynamics
6.1.1. Market Drivers
6.1.2. Market Restraints
6.1.3. Market Opportunities
6.2. Porter’s Five Forces Analysis
6.2.1. Bargaining power of suppliers
6.2.2. Bargaining power of buyers
6.2.3. Threat of substitute
6.2.4. Threat of new entrants
6.2.5. Degree of competition
7.1.1. Company Market Share/Positioning Analysis
7.1.2. Key Strategies Adopted by Players
7.1.3. Vendor Landscape
7.1.3.1. List of Suppliers
7.1.3.2. List of Buyers
8.1. Gas Turbine Services Market, by Turbine Type
8.1.1. Heavy Duty
8.1.1.1. Market Revenue and Forecast
8.1.2. Industrial
8.1.2.1. Market Revenue and Forecast
8.1.3. Aeroderivatives
8.1.3.1. Market Revenue and Forecast
9.1. Gas Turbine Services Market, by Turbine Capacity
9.1.1. <100 MW
9.1.1.1. Market Revenue and Forecast
9.1.2. 100 to 200 MW
9.1.2.1. Market Revenue and Forecast
9.1.3. >200 MW
9.1.3.1. Market Revenue and Forecast
10.1. Gas Turbine Services Market, by Service Type
10.1.1. Maintenance & Repair
10.1.1.1. Market Revenue and Forecast
10.1.2. Overhaul
10.1.2.1. Market Revenue and Forecast
10.1.3. Spare Parts Supply
10.1.3.1. Market Revenue and Forecast
11.1. Gas Turbine Services Market, by Service Provider
11.1.1. OEM
11.1.1.1. Market Revenue and Forecast
11.1.2. Non-OEM
11.1.2.1. Market Revenue and Forecast
12.1. Gas Turbine Services Market, by End-use
12.1.1. Power Generation
12.1.1.1. Market Revenue and Forecast
12.1.2. Oil & Gas
12.1.2.1. Market Revenue and Forecast
12.1.3. Other Industrial
12.1.3.1. Market Revenue and Forecast
13.1. North America
13.1.1. Market Revenue and Forecast, by Turbine Type
13.1.2. Market Revenue and Forecast, by Turbine Capacity
13.1.3. Market Revenue and Forecast, by Service Type
13.1.4. Market Revenue and Forecast, by Service Provider
13.1.5. Market Revenue and Forecast, by End-use
13.1.6. U.S.
13.1.6.1. Market Revenue and Forecast, by Turbine Type
13.1.6.2. Market Revenue and Forecast, by Turbine Capacity
13.1.6.3. Market Revenue and Forecast, by Service Type
13.1.6.4. Market Revenue and Forecast, by Service Provider
13.1.6.5. Market Revenue and Forecast, by End-use
13.1.7. Rest of North America
13.1.7.1. Market Revenue and Forecast, by Turbine Type
13.1.7.2. Market Revenue and Forecast, by Turbine Capacity
13.1.7.3. Market Revenue and Forecast, by Service Type
13.1.7.4. Market Revenue and Forecast, by Service Provider
13.1.7.5. Market Revenue and Forecast, by End-use
13.2. Europe
13.2.1. Market Revenue and Forecast, by Turbine Type
13.2.2. Market Revenue and Forecast, by Turbine Capacity
13.2.3. Market Revenue and Forecast, by Service Type
13.2.4. Market Revenue and Forecast, by Service Provider
13.2.5. Market Revenue and Forecast, by End-use
13.2.6. UK
13.2.6.1. Market Revenue and Forecast, by Turbine Type
13.2.6.2. Market Revenue and Forecast, by Turbine Capacity
13.2.6.3. Market Revenue and Forecast, by Service Type
13.2.7. Market Revenue and Forecast, by Service Provider
13.2.8. Market Revenue and Forecast, by End-use
13.2.9. Germany
13.2.9.1. Market Revenue and Forecast, by Turbine Type
13.2.9.2. Market Revenue and Forecast, by Turbine Capacity
13.2.9.3. Market Revenue and Forecast, by Service Type
13.2.10. Market Revenue and Forecast, by Service Provider
13.2.11. Market Revenue and Forecast, by End-use
13.2.12. France
13.2.12.1. Market Revenue and Forecast, by Turbine Type
13.2.12.2. Market Revenue and Forecast, by Turbine Capacity
13.2.12.3. Market Revenue and Forecast, by Service Type
13.2.12.4. Market Revenue and Forecast, by Service Provider
13.2.13. Market Revenue and Forecast, by End-use
13.2.14. Rest of Europe
13.2.14.1. Market Revenue and Forecast, by Turbine Type
13.2.14.2. Market Revenue and Forecast, by Turbine Capacity
13.2.14.3. Market Revenue and Forecast, by Service Type
13.2.14.4. Market Revenue and Forecast, by Service Provider
13.2.15. Market Revenue and Forecast, by End-use
13.3. APAC
13.3.1. Market Revenue and Forecast, by Turbine Type
13.3.2. Market Revenue and Forecast, by Turbine Capacity
13.3.3. Market Revenue and Forecast, by Service Type
13.3.4. Market Revenue and Forecast, by Service Provider
13.3.5. Market Revenue and Forecast, by End-use
13.3.6. India
13.3.6.1. Market Revenue and Forecast, by Turbine Type
13.3.6.2. Market Revenue and Forecast, by Turbine Capacity
13.3.6.3. Market Revenue and Forecast, by Service Type
13.3.6.4. Market Revenue and Forecast, by Service Provider
13.3.7. Market Revenue and Forecast, by End-use
13.3.8. China
13.3.8.1. Market Revenue and Forecast, by Turbine Type
13.3.8.2. Market Revenue and Forecast, by Turbine Capacity
13.3.8.3. Market Revenue and Forecast, by Service Type
13.3.8.4. Market Revenue and Forecast, by Service Provider
13.3.9. Market Revenue and Forecast, by End-use
13.3.10. Japan
13.3.10.1. Market Revenue and Forecast, by Turbine Type
13.3.10.2. Market Revenue and Forecast, by Turbine Capacity
13.3.10.3. Market Revenue and Forecast, by Service Type
13.3.10.4. Market Revenue and Forecast, by Service Provider
13.3.10.5. Market Revenue and Forecast, by End-use
13.3.11. Rest of APAC
13.3.11.1. Market Revenue and Forecast, by Turbine Type
13.3.11.2. Market Revenue and Forecast, by Turbine Capacity
13.3.11.3. Market Revenue and Forecast, by Service Type
13.3.11.4. Market Revenue and Forecast, by Service Provider
13.3.11.5. Market Revenue and Forecast, by End-use
13.4. MEA
13.4.1. Market Revenue and Forecast, by Turbine Type
13.4.2. Market Revenue and Forecast, by Turbine Capacity
13.4.3. Market Revenue and Forecast, by Service Type
13.4.4. Market Revenue and Forecast, by Service Provider
13.4.5. Market Revenue and Forecast, by End-use
13.4.6. GCC
13.4.6.1. Market Revenue and Forecast, by Turbine Type
13.4.6.2. Market Revenue and Forecast, by Turbine Capacity
13.4.6.3. Market Revenue and Forecast, by Service Type
13.4.6.4. Market Revenue and Forecast, by Service Provider
13.4.7. Market Revenue and Forecast, by End-use
13.4.8. North Africa
13.4.8.1. Market Revenue and Forecast, by Turbine Type
13.4.8.2. Market Revenue and Forecast, by Turbine Capacity
13.4.8.3. Market Revenue and Forecast, by Service Type
13.4.8.4. Market Revenue and Forecast, by Service Provider
13.4.9. Market Revenue and Forecast, by End-use
13.4.10. South Africa
13.4.10.1. Market Revenue and Forecast, by Turbine Type
13.4.10.2. Market Revenue and Forecast, by Turbine Capacity
13.4.10.3. Market Revenue and Forecast, by Service Type
13.4.10.4. Market Revenue and Forecast, by Service Provider
13.4.10.5. Market Revenue and Forecast, by End-use
13.4.11. Rest of MEA
13.4.11.1. Market Revenue and Forecast, by Turbine Type
13.4.11.2. Market Revenue and Forecast, by Turbine Capacity
13.4.11.3. Market Revenue and Forecast, by Service Type
13.4.11.4. Market Revenue and Forecast, by Service Provider
13.4.11.5. Market Revenue and Forecast, by End-use
13.5. Latin America
13.5.1. Market Revenue and Forecast, by Turbine Type
13.5.2. Market Revenue and Forecast, by Turbine Capacity
13.5.3. Market Revenue and Forecast, by Service Type
13.5.4. Market Revenue and Forecast, by Service Provider
13.5.5. Market Revenue and Forecast, by End-use
13.5.6. Brazil
13.5.6.1. Market Revenue and Forecast, by Turbine Type
13.5.6.2. Market Revenue and Forecast, by Turbine Capacity
13.5.6.3. Market Revenue and Forecast, by Service Type
13.5.6.4. Market Revenue and Forecast, by Service Provider
13.5.7. Market Revenue and Forecast, by End-use
13.5.8. Rest of LATAM
13.5.8.1. Market Revenue and Forecast, by Turbine Type
13.5.8.2. Market Revenue and Forecast, by Turbine Capacity
13.5.8.3. Market Revenue and Forecast, by Service Type
13.5.8.4. Market Revenue and Forecast, by Service Provider
13.5.8.5. Market Revenue and Forecast, by End-use
14.1. General Electric
14.1.1. Company Overview
14.1.2. Product Offerings
14.1.3. Financial Performance
14.1.4. Recent Initiatives
14.2. Ansaldo Energia
14.2.1. Company Overview
14.2.2. Product Offerings
14.2.3. Financial Performance
14.2.4. Recent Initiatives
14.3. MTU Aero engines
14.3.1. Company Overview
14.3.2. Product Offerings
14.3.3. Financial Performance
14.3.4. Recent Initiatives
14.4. Solr turbines
14.4.1. Company Overview
14.4.2. Product Offerings
14.4.3. Financial Performance
14.4.4. Recent Initiatives
14.5. Sulzer
14.5.1. Company Overview
14.5.2. Product Offerings
14.5.3. Financial Performance
14.5.4. Recent Initiatives
14.6. MJB International
14.6.1. Company Overview
14.6.2. Product Offerings
14.6.3. Financial Performance
14.6.4. Recent Initiatives
15.1. Primary Research
15.2. Secondary Research
15.3. Assumptions
16.1. About Us
16.2. Glossary of Terms
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