Gas Turbine Services Market will Approximated to be USD 95.7 Billion in Advance of 2035; Market is Enflamed due to Increasing Demand for Energy

Published Date: April 2025

The gas turbine services contains various sources of gas turbines, such as maintenance, repair, and overhaul (MRO), which ensures the optimal performance, reliability and longevity in power generation, aviation and industrial application. The growing demand for electricity, particularly from natural gas-fired power plants, is a major driver for the gas turbine services market.

Segmentation Analysis:

By Services Type

Maintenance & Repair, Inspection & Testing, Overhaul, Upgrades & Modification, Component Refurbishment, and Others

By Turbine Type

Aeroderivative, Heavy-duty gas turbine, and Industrial

By Turbine Capacity

Less Than 100 MW, 100-200 MW, Over 200 MW

By Provider Type

Original Equipment Manufacturers [OEMs], Non-Original Equipment Manufacturers [Non-OEMs]

By End-User

Oil & Gas Industries, Aerospace, Marine, Power Generation, and Others

Report Highlights:

  • The gas turbine services market size is accounted for USD 43.6 Billion in 2025.
  • The size is anticipated to expand at a rate of USD 95.7 Billion by 2035, and increasing at a CAGR of 9.0%.
  • Based on services type, maintenance and repair segment dominates in gas turbine services market.
  • On the basis of turbine type, heavy duty gas turbine segment holds the major share in gas turbine services market.
  • By turbine capacity, the gas turbine services market is dominated by 100-200 mw.
  • The original equipment manufacturer segment plays dominating role in target market.
  • By end-user, power generation is the leading segment in gas turbine services market.  
  • Asia pacific is the dominating region in gas turbine services market.
  • North America is expected as fastest growing segment in market.

Market Dynamics:

Growing Factor

Challenge Factor

Market Trend

Increasing Demand for Combined-Cycle Power Plants

Fluctuating Fuel Prices

Digitalization and Predictive Maintenance

Key Highlights

  • In February 2025, Mitsubishi Power, secured major gas turbine and services order in Morocco to supply two M701JAC gas turbines and auxiliary equipment for the Al Wahda Open Cycle Gas Turbine Power Plant by The National Office of Electricity and Drinking Water (ONEE). The M701JAC gas turbines, which were capable of co-firing hydrogen with natural gas, with industry-leading reliability and high efficiency rate. ONEE signed agreement with Mitsubishi Power for the provision of repairs, parts and services, was aimed to ensure high availability and sustained reliability of the equipment.

Report Analysis:

Routine Maintenance and Repair Tasks for Gas Turbines:

  • Filter Checks and Replacements: Filters should be checked regularly for damage and clogging. Replacing them when necessary is important to maintain optimal airflow, efficiency, and fuel consumption.
  • Component Cleaning and Lubrication: Cleaning turbine components such as compressor blades, casings, and other parts helps prevent the accumulation of contaminants. Regular lubrication ensures smooth operation of components like bearings, shafts, and gears.
  • Inspections of Belts and Hoses: Inspections should focus on detecting cracks, bulges, or leaks in belts and hoses. Replacements should be done immediately when issues are detected.
  • Leak Detection and Repair: Leaks should be identified and repaired promptly. Advanced leak detection technologies such as ultrasonic detection can help identify leaks in hard-to-reach areas.

Browse ∼60 market data tables and ∼35 figures through ∼140 slides and in-depth TOC on “Gas Turbine Services Market, Size, Share, By Services Type (Maintenance & Repair, Inspection & Testing, Overhaul, Upgrades & Modification, Turbine Type Refurbishment, and Others), Turbine Type (Aeroderivative, Heavy-duty gas turbine, and Industrial), Turbine Capacity (Less Than 100 MW, 100-200 MW, Over 200 MW), Provider Type (Original Equipment Manufacturers [OEMs], Non-Original Equipment Manufacturers [Non-OEMs]), End-User (Oil & Gas Industries, Aerospace, Marine, Power Generation, and Others), and Region - Trends, Analysis, and Forecast till 2035”

Segmentation:

By Services Type:

  • Maintenance & Repair

  • Inspection & Testing
  • Overhaul
  • Upgrades & Modification
  • Component Refurbishment
  • Others

By Turbine Type:

  • Aeroderivative
  • Heavy-duty Gas Turbine
  • Industrial

By Turbine Capacity:

  • Less Than 100 MW
  • 100-200 MW
  • Over 200 MW

By Provider Type:

  • Original Equipment Manufacturers [OEMs]
  • Non-Original Equipment Manufacturers [Non-OEMs]

By End-User:

  • Oil & Gas Industries
  • Aerospace
  • Marine
  • Power Generation
  • Others

By Region:

  • North America

    • U.S.

    • Canada

  • Europe
    • Germany
    • U.K.
    • France
    • Russia
    • Italy
    • Spain
    • Netherlands
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • Australia
    • Indonesia
    • Malaysia
    • South Korea
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Argentina
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • Israel
    • South Africa
    • Rest of Middle East & Africa

For more insights into the Gas Turbine Services Market and its future trends, visit link below:https://www.prophecymarketinsights.com/market_insight/Gas-Turbine-Services-Market-1198

Competitive Landscape of Gas Turbine Services Market:

The key players operating in the gas turbine services market include General Electric Company, Siemens Energy, MITSUBISHI HEAVY INDUSTRIES, LTD., Kawasaki Heavy Industries, Ltd., Baker Hughes Company, Solar Turbines Incorporated, Ansaldo Energia, Bharat Heavy Electricals Limited, Capstone Green Energy Holdings, Inc., Ethos Energy Group Limited, MAN Energy Solutions, Destinus Energy, Power Services Group, and Centrax Gas Turbines

Company Name

General Electric Company

Headquarter

Boston, Massachusetts, U.S.

CEO

H. Lawrence Culp, Jr.

Employee Count (2024)

53,000 employees

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