Summary
As the world continues to deal with COVID-19, economies are moving into recession, under multiple adverse factors, the GDP of European and American countries in the second quarter suffered a historical contraction. At an annualized rate, the US GDP fell by 32.9% month on month, while the overall GDP of the euro zone fell by 12.1%.
Moreover, the economic prospects of Europe and the United States in the third quarter under the epidemic situation are hardly optimistic. The resumption of work and production not only brought economic data back, but also triggered a rebound in the epidemic situation. At present, the United States is still the 'epicenter' of the global epidemic. The total number of confirmed cases has exceeded 4.8 million, and the epidemic situation in some European countries has also rebounded. Affected by this, more than 20 states in the United States have announced the suspension or withdrawal of part of the economic restart plan. Britain and Italy have also decided to extend the state of emergency. The rebound of the epidemic situation has posed considerable risks to the economic prospects of Europe and the United States.
In the second quarter of this year, US GDP shrank by 9.5% on a month on month basis, or 32.9% at an annual rate, the largest decline since the 1940s. Data show that the sharp decline in personal consumption is the main drag on the U.S. GDP growth in the second quarter.
Compared with the United States, Europe's economic contraction in the second quarter was smaller, but it was also the lowest on record, with Germany and France contracting more than 10%. According to the data released by the Federal Bureau of statistics, Germany's GDP fell by 10.1% in the second quarter after adjusting for prices, seasons and working days, the largest decline since the quarterly economic data were available in 1970.
Thanks to the effective control and policy support of the new epidemic, China's economy rebounded sharply in the second quarter. The growth rate of manufacturing industry, which accounted for about 28% of GDP, rebounded sharply to 4.4% from the negative value in the first quarter. Chinese original equipment manufacturers (OEMs) and suppliers are ramping up production. And there are increased investments in digital footprints in manufacturing. OEMs in other parts of the world are offering incentives to drive sales. XYZResearch published a report for global Gas Turbine Services market in this environment.
In terms of revenue, this research report indicated that the global Gas Turbine Services market was valued at USD XXX million in 2020, and it is expected to reach a value of USD XXX million by 2027, at a CAGR of XX % over the forecast period 2021-2027. Correspondingly, the forecast analysis of Gas Turbine Services industry comprises of China, USA, Japan, India, Korea and South America, with the production and revenue data in each of the sub-segments.
The ?Siemens? aims at producing XX K Units Gas Turbine Services in 2020, with XX % production to take place in global market, General Electric? accounts for a volume share of XX %.
Regional Segmentation (Value; Revenue, USD Million, 2026-2027) of Gas Turbine Services Market by XYZResearch Include
- China
- EU
- USA
- Japan
- India
- Southeast Asia
- South America
Competitive Analysis; Who are the Major Players in Gas Turbine Services Market?
- Siemens
- General Electric
- Mitsubishi Hitachi Power Systems
- Wood Group
- Kawasaki Heavy Industries
- Solar Turbines
- Ansaldo Energia
- MTU Aero Engines
- Sulzer
- MAN Diesel & Turbo
- MJB International
- Proenergy Services
Major Type of Gas Turbine Services Covered in XYZResearch report:
- Heavy Duty Services
- Aero-Derivative Services
Application Segments Covered in XYZResearch Market
- Power Generation
- Oil & Gas
- Others
For any other requirements, please feel free to contact us and we will provide you customized report.
(Post-pandemic Era) - Global Gas Turbine Services Market (Sales, Revenue, Price, Gross Profit and Competitors Analysis of Major Market) from 2016-2027
Table of Contents
Global Gas Turbine Services Market Analysis 2021, With Top Companies, Production, Revenue, Consumption, Price and Growth Rate
1 Market Scope
1.1 Product Details and Introduction
1.1.1 Heavy Duty Services -Product Introduction and Major Manufacturers
1.1.2 Aero-Derivative Services -Product Introduction and Major Manufacturers
1.2 Market Snapshot
1.2.1 Major Companies Overview
1.2.2 Market Concentration
1.2.3 Six-Year Compound Annual Growth Rate (CAGR)
2 Global Gas Turbine Services Market Assessment, by Segmentation
2.1 Type Breakdown Estimates & Forecast, Sales Volume (2026-2027)
2.2 Type Breakdown Estimates & Forecast, Sales Value (2026-2027)
2.3 Application Breakdown Estimates & Forecast, by Application (2026-2027)
3 Regional Market Analysis
3.1 China Gas Turbine Services Market
3.1.1 Top Companies leading Gas Turbine Services Development in China (2016-2021)
3.1.2 Sales Value of Major Company in China Market (2016-2021)
3.1.3 China Gas Turbine Services Price (USD/Unit), by Type (2019-2020)
3.1.4 Sales in China Market, by Type (2026-2027)
3.2 EU Gas Turbine Services Market
3.2.1 Top Companies leading Gas Turbine Services Development in EU (2016-2021)
3.2.2 Sales Value of Major Company in EU Market (2016-2021)
3.2.3 EU Gas Turbine Services Price (USD/Unit), by Type (2019-2020)
3.2.4 Sales in EU Market, by Type (2026-2027)
3.3 USA Gas Turbine Services Market
3.3.1 Top Companies leading Gas Turbine Services Development in USA (2016-2021)
3.3.2 Sales Value of Major Company in USA Market (2016-2021)
3.3.3 USA Gas Turbine Services Price (USD/Unit), by Type (2019-2020)
3.3.4 Sales in USA Market, by Type (2026-2027)
3.4 Japan Gas Turbine Services Market
3.4.1 Top Companies leading Gas Turbine Services Development in Japan (2016-2021)
3.4.2 Sales Value of Major Company in Japan Market (2016-2021)
3.4.3 Japan Gas Turbine Services Price (USD/Unit), by Type (2019-2020)
3.4.4 Sales in Japan Market, by Type (2026-2027)
3.5 India Gas Turbine Services Market
3.5.1 Top Companies leading Gas Turbine Services Development in India (2016-2021)
3.5.2 Sales Value of Major Company in India Market (2016-2021)
3.5.3 India Gas Turbine Services Price (USD/Unit), by Type (2019-2020)
3.5.4 Sales in India Market, by Type (2026-2027)
3.6 Southeast Asia Gas Turbine Services Market
3.6.1 Top Companies leading Gas Turbine Services Development in Southeast Asia (2016-2021)
3.6.2 Sales Value of Major Company in Southeast Asia Market (2016-2021)
3.6.3 Southeast Asia Gas Turbine Services Price (USD/Unit), by Type (2019-2020)
3.6.4 Sales in Southeast Asia Market, by Type (2026-2027)
3.7 South America Gas Turbine Services Market
3.7.1 Top Companies leading Gas Turbine Services Development in South America (2016-2021)
3.7.2 Sales Value of Major Company in South America Market (2016-2021)
3.7.3 South America Gas Turbine Services Price (USD/Unit), by Type (2019-2020)
3.7.4 Sales in South America Market, by Type (2026-2027)
4 Value Chain (Impact of COVID-19)
4.1 Gas Turbine Services Value Chain Analysis
4.1.1 Upstream
4.1.2 Downstream
4.2 COVID-19 Impact on Gas Turbine Services Industry
4.2.1 Industrial Policy Issued Under the Epidemic Situation
4.3 Cost-Under the Epidemic Situation
4.3.1 Cost of Raw Material
4.4 Channel Analysis
4.4.1 Distribution Channel-Under the Epidemic Situation
4.4.2 Distributors
5 Regional Market Forecast (2021-2027)
5.1 Global Gas Turbine Services Sales and Growth Rate (2021-2027)
5.2 Global Gas Turbine Services Sales Value and Growth Rate (2021-2027)
6 Gas Turbine Services Competitive Analysis
6.1 Siemens
6.1.1 Siemens Company Profiles
6.1.2 Siemens Product Introduction
6.1.3 Siemens Gas Turbine Services Production, Revenue (2016-2021)
6.1.4 SWOT Analysis
6.2 General Electric
6.2.1 General Electric Company Profiles
6.2.2 General Electric Product Introduction
6.2.3 General Electric Gas Turbine Services Production, Revenue (2016-2021)
6.2.4 SWOT Analysis
6.3 Mitsubishi Hitachi Power Systems
6.3.1 Mitsubishi Hitachi Power Systems Company Profiles
6.3.2 Mitsubishi Hitachi Power Systems Product Introduction
6.3.3 Mitsubishi Hitachi Power Systems Gas Turbine Services Production, Revenue (2016-2021)
6.3.4 SWOT Analysis
6.4 Wood Group
6.4.1 Wood Group Company Profiles
6.4.2 Wood Group Product Introduction
6.4.3 Wood Group Gas Turbine Services Production, Revenue (2016-2021)
6.4.4 SWOT Analysis
6.5 Kawasaki Heavy Industries
6.5.1 Kawasaki Heavy Industries Company Profiles
6.5.2 Kawasaki Heavy Industries Product Introduction
6.5.3 Kawasaki Heavy Industries Gas Turbine Services Production, Revenue (2016-2021)
6.5.4 SWOT Analysis
6.6 Solar Turbines
6.6.1 Solar Turbines Company Profiles
6.6.2 Solar Turbines Product Introduction
6.6.3 Solar Turbines Gas Turbine Services Production, Revenue (2016-2021)
6.6.4 SWOT Analysis
6.7 Ansaldo Energia
6.7.1 Ansaldo Energia Company Profiles
6.7.2 Ansaldo Energia Product Introduction
6.7.3 Ansaldo Energia Gas Turbine Services Production, Revenue (2016-2021)
6.7.4 SWOT Analysis
6.8 MTU Aero Engines
6.8.1 MTU Aero Engines Company Profiles
6.8.2 MTU Aero Engines Product Introduction
6.8.3 MTU Aero Engines Gas Turbine Services Production, Revenue (2016-2021)
6.8.4 SWOT Analysis
6.9 Sulzer
6.9.1 Sulzer Company Profiles
6.9.2 Sulzer Product Introduction
6.9.3 Sulzer Gas Turbine Services Production, Revenue (2016-2021)
6.9.4 SWOT Analysis
6.10 MAN Diesel & Turbo
6.10.1 MAN Diesel & Turbo Company Profiles
6.10.2 MAN Diesel & Turbo Product Introduction
6.10.3 MAN Diesel & Turbo Gas Turbine Services Production, Revenue (2016-2021)
6.10.4 SWOT Analysis
6.11 MJB International
6.12 Proenergy Services
7 Conclusion
List of Tables and Figures
Figure Product Introduction
Table Production (K Units) and Revenue (Million USD) of Major Players (2016-2021)
Figure Global Gas Turbine Services Production Market Share of Top 5 Players
Table CAGR of Major Market (2021-2027)
Table CAGR in Terms of Production of Each Type (2026-2027)
Table CAGR in Terms of Production of Each Application (2026-2027)
Table Global Gas Turbine Services Sales (K Unit) by Type (2026-2027)
Figure Global Gas Turbine Services Sales (K Unit) and Growth Rate (2026-2027)
Figure Global Gas Turbine Services Sales Market Share (%) by Type (2019 -2020)
Table Global Gas Turbine Services Sales Value (Million USD) by Type (2026-2027)
Figure Global Gas Turbine Services Sales Value (Million USD) and Growth Rate (2026-2027)
Figure Global Gas Turbine Services Sales Value Market Share (%) by Type (2019-2020)
Table Global Gas Turbine Services Sales (K Unit) by Application (2026-2027)
Table China Gas Turbine Services Sales (K Unit) of Major Company (2016-2021)
Table China Gas Turbine Services Sales Market Share of Major Company (2016-2021)
Table China Gas Turbine Services Sales Value (Million USD) of Major Company (2016-2021)
Figure China Gas Turbine Services Sales Value (Million USD) and Growth Rate (2016-2021)
Table China Gas Turbine Services Sales Value Share of Major Company (2016-2021)
Table China Gas Turbine Services Price (USD/Unit), by Type (2019-2020)
Table China Gas Turbine Services Sales (Unit) by Type (2026-2027)
Figure China Gas Turbine Services Sales (Unit) by Type (2026-2027)
Table EU Gas Turbine Services Sales (K Unit) of Major Company (2016-2021)
Table EU Gas Turbine Services Sales Market Share of Major Company (2016-2021)
Table EU Gas Turbine Services Sales Value (Million USD) of Major Company (2016-2021)
Figure EU Gas Turbine Services Sales Value (Million USD) and Growth Rate (2016-2021)
Table EU Gas Turbine Services Sales Value Share of Major Company (2016-2021)
Table EU Gas Turbine Services Price (USD/Unit), by Type (2019-2020)
Table EU Gas Turbine Services Sales (Unit) by Type (2026-2027)
Figure EU Gas Turbine Services Sales (Unit) by Type (2026-2027)
Table USA Gas Turbine Services Sales (K Unit) of Major Company (2016-2021)
Table USA Gas Turbine Services Sales Market Share of Major Company (2016-2021)
Table USA Gas Turbine Services Sales Value (Million USD) of Major Company (2016-2021)
Figure USA Gas Turbine Services Sales Value (Million USD) and Growth Rate (2016-2021)
Table USA Gas Turbine Services Sales Value Share of Major Company (2016-2021)
Table USA Gas Turbine Services Price (USD/Unit), by Type (2019-2020)
Table USA Gas Turbine Services Sales (Unit) by Type (2026-2027)
Figure USA Gas Turbine Services Sales (Unit) by Type (2026-2027)
Table Japan Gas Turbine Services Sales (K Unit) of Major Company (2016-2021)
Table Japan Gas Turbine Services Sales Market Share of Major Company (2016-2021)
Table Japan Gas Turbine Services Sales Value (Million USD) of Major Company (2016-2021)
Figure Japan Gas Turbine Services Sales Value (Million USD) and Growth Rate (2016-2021)
Table Japan Gas Turbine Services Sales Value Share of Major Company (2016-2021)
Table Japan Gas Turbine Services Price (USD/Unit), by Type (2019-2020)
Table Japan Gas Turbine Services Sales (Unit) by Type (2026-2027)
Figure Japan Gas Turbine Services Sales (Unit) by Type (2026-2027)
Table India Gas Turbine Services Sales (K Unit) of Major Company (2016-2021)
Table India Gas Turbine Services Sales Market Share of Major Company (2016-2021)
Table India Gas Turbine Services Sales Value (Million USD) of Major Company (2016-2021)
Figure India Gas Turbine Services Sales Value (Million USD) and Growth Rate (2016-2021)
Table India Gas Turbine Services Sales Value Share of Major Company (2016-2021)
Table India Gas Turbine Services Price (USD/Unit), by Type (2019-2020)
Table India Gas Turbine Services Sales (Unit) by Type (2026-2027)
Figure India Gas Turbine Services Sales (Unit) by Type (2026-2027)
Table Southeast Asia Gas Turbine Services Sales (K Unit) of Major Company (2016-2021)
Table Southeast Asia Gas Turbine Services Sales Market Share of Major Company (2016-2021)
Table Southeast Asia Gas Turbine Services Sales Value (Million USD) of Major Company (2016-2021)
Figure Southeast Asia Gas Turbine Services Sales Value (Million USD) and Growth Rate (2016-2021)
Table Southeast Asia Gas Turbine Services Sales Value Share of Major Company (2016-2021)
Table Southeast Asia Gas Turbine Services Price (USD/Unit), by Type (2019-2020)
Table Southeast Asia Gas Turbine Services Sales (Unit) by Type (2026-2027)
Figure Southeast Asia Gas Turbine Services Sales (Unit) by Type (2026-2027)
Table South America Gas Turbine Services Sales (K Unit) of Major Company (2016-2021)
Table South America Gas Turbine Services Sales Market Share of Major Company (2016-2021)
Table South America Gas Turbine Services Sales Value (Million USD) of Major Company (2016-2021)
Figure South America Gas Turbine Services Sales Value (Million USD) and Growth Rate (2016-2021)
Table South America Gas Turbine Services Sales Value Share of Major Company (2016-2021)
Table South America Gas Turbine Services Price (USD/Unit), by Type (2019-2020)
Table South America Gas Turbine Services Sales (Unit) by Type (2026-2027)
Figure South America Gas Turbine Services Sales (Unit) by Type (2026-2027)
Figure Value Chain Structure of Gas Turbine Services
Table Value Chain
Table Key Suppliers of Raw Material/Components
Table Key Downstream Customer in Each Application Field
Table Industry News List of Gas Turbine Services
Figure Cost Structure of Gas Turbine Services in 2020
Table Distributors/Traders List
Table Regional Market Sales (K Unit) (2021-2027)
Table Regional Market Sales Share (2021-2027)
Figure Global Gas Turbine Services Sales (Unit), Growth Rate & Market Share (2021-2027)
Table Regional Market Sales Value (Million USD) (2021-2027)
Table Regional Market Sales Value Share (2021-2027)
Figure Global Gas Turbine Services Sales Value (Million USD), Growth Rate & Market Share (2021-2027)
Table ?Siemens? Profiles
Table ?Siemens? Gas Turbine Services Product Introduction
Table ?Siemens? Gas Turbine Services Sales (Unit), Sales Value (Million USD), Price (USD/Unit) and Gross Profit (2016-2021)
Figure ?Siemens? SWOT Analysis
Table General Electric? Profiles
Table General Electric? Gas Turbine Services Product Introduction
Table General Electric? Gas Turbine Services Sales (Unit), Sales Value (Million USD), Price (USD/Unit) and Gross Profit (2016-2021)
Figure General Electric? SWOT Analysis
Table Mitsubishi Hitachi Power Systems? Profiles
Table Mitsubishi Hitachi Power Systems? Gas Turbine Services Product Introduction
Table Mitsubishi Hitachi Power Systems? Gas Turbine Services Sales (Unit), Sales Value (Million USD), Price (USD/Unit) and Gross Profit (2016-2021)
Figure Mitsubishi Hitachi Power Systems? SWOT Analysis
Table Wood Group? Profiles
Table Wood Group? Gas Turbine Services Product Introduction
Table Wood Group? Gas Turbine Services Sales (Unit), Sales Value (Million USD), Price (USD/Unit) and Gross Profit (2016-2021)
Figure Wood Group? SWOT Analysis
Table Kawasaki Heavy Industries? Profiles
Table Kawasaki Heavy Industries? Gas Turbine Services Product Introduction
Table Kawasaki Heavy Industries? Gas Turbine Services Sales (Unit), Sales Value (Million USD), Price (USD/Unit) and Gross Profit (2016-2021)
Figure Kawasaki Heavy Industries? SWOT Analysis
Table Solar Turbines? Profiles
Table Solar Turbines? Gas Turbine Services Product Introduction
Table Solar Turbines? Gas Turbine Services Sales (Unit), Sales Value (Million USD), Price (USD/Unit) and Gross Profit (2016-2021)
Figure Solar Turbines? SWOT Analysis
Table Ansaldo Energia? Profiles
Table Ansaldo Energia? Gas Turbine Services Product Introduction
Table Ansaldo Energia? Gas Turbine Services Sales (Unit), Sales Value (Million USD), Price (USD/Unit) and Gross Profit (2016-2021)
Figure Ansaldo Energia? SWOT Analysis
Table MTU Aero Engines? Profiles
Table MTU Aero Engines? Gas Turbine Services Product Introduction
Table MTU Aero Engines? Gas Turbine Services Sales (Unit), Sales Value (Million USD), Price (USD/Unit) and Gross Profit (2016-2021)
Figure MTU Aero Engines? SWOT Analysis
Table Sulzer? Profiles
Table Sulzer? Gas Turbine Services Product Introduction
Table Sulzer? Gas Turbine Services Sales (Unit), Sales Value (Million USD), Price (USD/Unit) and Gross Profit (2016-2021)
Figure Sulzer? SWOT Analysis
Table MAN Diesel & Turbo? Profiles
Table MAN Diesel & Turbo? Gas Turbine Services Product Introduction
Table MAN Diesel & Turbo? Gas Turbine Services Sales (Unit), Sales Value (Million USD), Price (USD/Unit) and Gross Profit (2016-2021)
Figure MAN Diesel & Turbo? SWOT Analysis
Table MJB International? Profiles
Table MJB International? Gas Turbine Services Product Introduction
Table MJB International? Gas Turbine Services Sales (Unit), Sales Value (Million USD), Price (USD/Unit) and Gross Profit (2016-2021)
Figure MJB International? SWOT Analysis
Table Proenergy Services? Profiles
Table Proenergy Services? Gas Turbine Services Product Introduction
Table Proenergy Services? Gas Turbine Services Sales (Unit), Sales Value (Million USD), Price (USD/Unit) and Gross Profit (2016-2021)
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