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Middle East & Africa Heavy Duty Gas Turbine Service Market Size

  • Report ID: GMI9762
  • Published Date: Jun 2024
  • Report Format: PDF

Middle East & Africa Heavy Duty Gas Turbine Service Market Size

Middle East & Africa Heavy Duty Gas Turbine Service Market was valued at USD 4.12 billion in 2023 and is anticipated to grow at a CAGR of 8.7% from 2024 to 2032. The ongoing revolution in the shale gas industry along with the strong focus on integrating efficient gas-based generation technologies will enhance the industry landscape.

 

Heavy duty gas turbine service is a critical aspect of maintaining power generation infrastructure. These turbines are the workhorses of many industrial operations, providing reliable energy for a variety of applications including power plants, oil and gas facilities, and manufacturing plants. The service entails comprehensive maintenance, inspection, and repair procedures to ensure optimal performance, efficiency, and safety.

 

Authors: Ankit Gupta, Shubham Chaudhary

Frequently Asked Questions (FAQ) :

The market size of Middle East & Africa heavy duty gas turbine service was reached USD 4.12 billion in 2023 and is anticipated to register 8.7% CAGR between 2024 to 2032, owing to increasing effective measures to improve the performance of power plants and upgradation of aging fleets of gas turbines.

The repair segment of the Middle East & Africa heavy duty gas turbine service industry will record USD 3.5 billion by 2032 due to the increasing government initiatives to expand power capacity driven by rapid industrialization and population growth.

Saudi Arabia heavy duty gas turbine service industry size may reach USD 800 million by 2032, owing to rapid economic expansion in emerging markets along with rising electricity demand.

Ansaldo Energia, Centrax Gas Turbines, EthosEnergy, General Electric, Kawasaki Heavy Industries, MAN Energy Solutions, Mitsubishi Heavy Industries, MJB International LLC, MTU Aero Engines AG and Opra Turbines, among others

Middle East & Africa Heavy Duty Gas Turbine Service Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 16
  • Tables & Figures: 10
  • Countries covered: 16
  • Pages: 100
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