Gas turbine service is the maintenance and repair of gas turbine engines and components. Gas turbines are primarily used as prime movers for aircraft propulsion, power generation, and marine propulsion. Gas turbine service involves the inspection, maintenance, and repair of gas turbine engines and components. This includes inspecting, repairing, and replacing parts, performing preventive maintenance, and testing and calibrating components.
The global Gas Turbine Service market was valued at US$ 20300 million in 2022 and is anticipated to reach US$ 25690 million by 2029, witnessing a CAGR of 4.0% during the forecast period 2023-2029. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
A detailed market research report on Global Gas Turbine Service Market available at: https://www.themarketreports.com/report/global-gas-turbine-service-market-research-report
This report aims to provide a comprehensive presentation of the global market for Gas Turbine Service, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Gas Turbine Service.
Global Gas Turbine Service key players include General Electric, Mitsubishi Hitachi Power Systems, Siemens, etc. Global top three manufacturers hold a share over 60%.
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