2024-2035年全球渦輪機服務市場

Turbine Services Industry, Global, 2024-2035

出版日期: 2025年07月11日 | 出版商:

Frost & Sullivan | 英文 55 Pages | 商品交期: 最快1-2個工作天內

價格

簡介目錄

電力需求增加和資產老化是收益成長的關鍵驅動力

這份 Frost & Sullivan 報告重點關注全球渦輪機服務產業，並研究了影響市場變化的因素。雖然全球渦輪機服務產業相對成熟，但透過引入先進的解決方案，技術創新具有巨大潛力。預計從 2024 年到 2035 年，渦輪機服務市場將以 5.1% 的複合年成長率成長，這得益於不斷成長的電力需求以及為老化基礎設施提供服務的新產品的需求。預計這種需求將進一步促進 OEM 的銷售和業務收益。該報告分析了市場成長的促進因素和限制因素，並確定了塑造產業未來的趨勢。它還強調了該領域值得關注的主要企業，並追蹤了新參與企業。分析強調了數位技術在行業中發揮的變革性作用及其對未來合約的影響。它還概述了市場變化帶來的成長機會，並強調了行業參與者和相關利益者可以利用的機會。本報告按地區細分市場，包括北美、歐洲、拉丁美洲、非洲、中東、中國、印度及其他南亞國家、東協成員國、東亞、澳洲、紐西蘭（澳新銀行）及太平洋地區，以及俄羅斯及其他獨立國協國家。基準年為2024年，預測期間為2025年至2035年。

主要競爭對手：燃氣渦輪機

世界
SIEMENS
GE
MHI
SOLAR TURBINES
ANSALDO ENERGIA
BAKER HUGHES
ETHOS ENERGY
MTU
SULZER
CHROMALLOY
北美洲
GE VERNOVA
SIEMENS
MHI
SOLAR TURBINES
BAKER HUGHES
MTU
SULZER
CHROMALLOY
歐洲
SIEMENS
GE VERNOVA
MHI
BAKER HUGHES
MTU
SOLAR TURBINES
SULZER
ETHOS ENERGY
CHROMALLOY
亞太地區
SIEMENS
GE VERNOVA
BHEL
SULZER
ETHOS ENERGY
Chroamalloy
MHI
拉丁美洲
GE VERNOVA
SIEMENS
SOLAR TURBINES
ETHOS ENERGY
SULZER

This Frost & Sullivan report focuses on the global turbine services industry, examining the factors that influence market shifts. While the global turbine services industry is relatively mature, there is significant potential for innovation in introducing advanced solutions. The turbine services market is projected to have a compound annual growth rate (CAGR) of 5.1% between 2024 and 2035, driven by increasing power demand and the need for new products to service an aging infrastructure. This demand will further boost original equipment manufacturer (OEM) sales and service revenues. The report analyzes the factors that drive and restrain market growth, identifying the trends that will shape the future of the industry. It also highlights key companies to watch in this space and tracks new entrants. The analysis emphasizes the transformative role digital technologies are expected to play in the industry and their impact on future contracting. Additionally, it outlines growth opportunities arising from changes in the market for industry players and stakeholders to leverage. The report is segmented by region, including North America; Europe; Latin America; Africa; the Middle East; China; India and other South Asian countries; ASEAN member states; East Asia; Australia & New Zealand (ANZ) and the Pacific; and Russia and other countries in the Commonwealth of Independent States (CIS). The base year for the report is 2024, and the forecast period extends from 2025 to 2035.

Revenue Forecast by Industry Vertical

The revenue forecast shows robust growth across various sectors, with utility demand remaining strong in multiple regions until 2035 across the steam turbine service market and gas turbine market.

Scope of Analysis

This study includes the servicing of gas turbines and steam turbines in the steam turbine service market.
Gas turbines: Gas turbines include a combustion machine that converts gaseous or liquid fuel to mechanical power and thrust. This power then drives generators to generate electricity or to rotate industrial machinery within the gas turbine market.
Steam turbines: A steam turbine is a machine that uses thermal energy from pressurized steam to do mechanical work, such as running generators or driving other industrial machinery in the industrial steam turbine market.
End-user industries: Industrial, oil & gas, and utility sectors in both the gas turbine market and steam turbine service market.
Regions: North America, Europe, Latin America, Africa, the Middle East, China, India and other countries in South Asia, ASEAN member states, East Asia, Australia and New Zealand (ANZ), and the Pacific, Russia and other countries in the Commonwealth of Independent States (CIS).
Service verticals: Digital services, upgrades, repairs, parts, and field services in the steam turbine service market.

The Impact of the Top 3 Strategic Imperatives on the Turbine Services Industry

Disruptive Technologies

Why

There is increasing focus on the development of digital technologies to improve the efficiency and resiliency of steam turbine service market systems and reduce downtime and operational expenditures in the gas turbine market and industrial steam turbine market.

Companies are incorporating new sensors, software, IoT devices, artificial intelligence (AI), and machine learning (ML) systems into turbines to track performance parameters that can drive the efficiency of plant operations in the steam turbine service market and gas turbine market.

Frost Perspective

Digital technologies will be gradually adopted over the next decade as companies in the steam turbine service market seek to reduce manual interference in operations and increase automation of their facilities.

Transformative Megatrends

Why

Increasing use of hydrogen for firing the turbines creates a need for next-generation turbine technology in the gas turbine market and industrial steam turbine market and associated equipment to replace natural gas firing.

Carbon capture and storage (CCUS) technologies are expected to gain ground mainly in the oil & gas space, as companies seek newer technologies to lower emissions and reduce carbon emissions in the steam turbine service market.

Frost Perspective

Increased usage of hydrogen will drive the development of the next generation of products and improved service lines in the steam turbine service market. 100% hydrogen firing will be achieved by 2030, although availability will be an issue in the gas turbine market.

This will lead to performance-based contracting over long-term contracting as companies in the industrial steam turbine market seek more transactional services over fixed services.

Predictive and performance-based monitoring is gaining ground, enabling emissions reduction in plants within the steam turbine service market.

Why

Customer Value Chain Compression

The increasing use of CCUS, hydrogen, and renewable energy is driving the demand for new factory designs, equipment upgrades in the gas turbine market, and new equipment in order to shift to a low-carbon-emissions working environment in the industrial steam turbine market.

The reduction of downtime and quicker turnaround times will lead to higher efficiency and lower operational expenditure (OPEX) for companies in the steam turbine service market.

3D printing is gaining ground as original equipment manufacturers (OEMs) try to move parts production to the customers' location in the industrial steam turbine market.

The increased use of cloud technologies will drive new device penetration and sensor adoption to increase efficiency and reduce emissions in the gas turbine market.

Frost Perspective

Supply chain innovations lead to lower lead times, with spare parts being supplied within 48 hours across the gas turbine market and steam turbine service market.

Additive manufacturing will see growth, with increased 3D printing of parts at different locations in the industrial steam turbine market, leading to more cloud usage and higher demand for digital technologies.

Third-party service providers gain ground as OEMs move servicing to local players who will take over after 2030 in the steam turbine service market.

Competitive Environment-Gas Turbine Services

Number of Competitors
>10
Competitive Factors
Technology, support, performance, reliability, contractor relationships in the steam turbine service market.
Key End-user Industry Verticals
Oil and gas (upstream, midstream, and downstream), industrial, and utility sectors in the gas turbine market.
Leading Competitors
Siemens, GE, MHI, Solar Turbines, Baker Hughes in the steam turbine service market.
Revenue Share of Top 5 Competitors (2024)
73.7%
Other Notable Competitors
Ansaldo Energia, Shanghai Electric, MTU, Ethos Energy.
Distribution Structure
Direct sales, engineering, procurement, and construction (EPC) in the gas turbine market.
Notable Acquisitions and Mergers
GE Vernova acquiring Woodward Gas Turbine business.

Key Competitors-Gas Turbines

Global
SIEMENS
GE
MHI
SOLAR TURBINES
ANSALDO ENERGIA
BAKER HUGHES
ETHOS ENERGY
MTU
SULZER
CHROMALLOY
North America
GE VERNOVA
SIEMENS
MHI
SOLAR TURBINES
BAKER HUGHES
MTU
SULZER
CHROMALLOY
Europe
SIEMENS
GE VERNOVA
MHI
BAKER HUGHES
MTU
SOLAR TURBINES
SULZER
ETHOS ENERGY
CHROMALLOY
Asia-Pacific
SIEMENS
GE VERNOVA
BHEL
SULZER
ETHOS ENERGY
Chroamalloy
MHI
Latin America
GE VERNOVA
SIEMENS
SOLAR TURBINES
ETHOS ENERGY
SULZER

Growth Drivers

Leading market participants in the gas turbine market and steam turbine service market are reducing the need to store spares in-house and focusing on core activities. This includes reducing the upfront cost of buying spares and moving to just-in-time inventory management.
Increasing government regulations are demanding emissions management and the lowering of emissions across the oil & gas and industrial segments. This drives demand for equipment upgrades and the deployment of larger-scale gas turbines and steam turbines that can handle hydrogen and alternative fuels in the steam turbine service market. This increases service demand for next-generation equipment and emissions-based contracting for service contracts in the future, as well as the training of existing staff to handle new energy solutions.
Increasing the life span and overhaul times of equipment in the gas turbine market and steam turbine service market are becoming key metrics for driving efficiency. This leads to the deployment of digital technologies to track various data points as well as a move towards performance-based contracting.
Companies are moving to reduce downtime and increase the operational time of equipment by using digital technologies that can detect and preempt equipment failure. This will lead to separate digital service contracts for digital solutions as a part of the LTSA in the steam turbine service market.
The increased availability of natural gas will drive higher investment levels for new equipment in the gas turbine market, above the lower levels seen between 2015 and 2022.
The growth in demand from data centers is driving new equipment sales for medium-sized industrial turbines (30 MW to 40 MW), with sales possible at a utility scale to meet power requirements in the steam turbine service market.

Growth Restraints

The reluctance of customers to share operational information with vendors in the steam turbine service market leads to challenges in large-scale system adoption. Data security is seen as crucial; hence, companies are wary of outsourcing data-related activities to third-party vendors in the gas turbine market.
Reduced oil & gas prices slow down the adoption of new technologies and service methods in the gas turbine market. Companies are reluctant to try out new technologies and are sticking to traditional equipment upgrades, maintenance, and spare parts inventory to extend equipment life in the steam turbine service market.
Legacy system issues keep companies from increasing servicing spend. The presence of several new players in the developing world reduces pricing, affecting overall market spend in the gas turbine market.
The change of administration in the United States can lead to a relaxation of rules around emissions requirements. This could result in lower demand for emissions reduction service propositions within the steam turbine service market.