Steam Turbine MRO Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Service Type (Maintenance, Repair, Overhaul); Service Provider (Original Equipment Manufacturers, Independent Service Providers, In-House); Plant Fuel (Coal, Natural Gas, Nuclear); Capacity (Less than 300 MW, 300 MW to 599 MW, 600 MW and Above) and Geography

Report Code: TIPRE00021350 | No. of Pages: 150 | Category: Manufacturing and Construction | Status: Upcoming

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MARKET INTRODUCTION

A steam turbine is a system that uses pressurized steam to collect thermal energy and use it to perform mechanical work on a rotating output shaft. Steam turbines can be found all over the world, and they are used to power generators and generate electricity, as well as provide propulsion for ships, aircraft, and missiles. They use pressure on spinning blades to turn heat energy in the form of vaporized water into motion. Steam turbines are extremely powerful - particularly when compared to other engines or electricity-generating systems. With prospects in coal, gas-fired, and nuclear energy-based power generation, the future of the steam turbine MRO market looks bright. Increasing demand for cleaner energy from steam turbines, due to concerns about the environmental effects of energy production from coal-fired plants, is expected to raise the steam turbine MRO market. In the coming years, the global steam turbine MRO market is projected to rise at an exponential CAGR.

MARKET DYNAMICS

Growing potential of thermal power generation in developing countries and ageing fleet of steam turbines is expected to drive the growth of the steam turbine MRO market. However, the issues related to high maintenance and repairing costs may restrain the growth of the steam turbine MRO market. Furthermore, the rise in global industrialization and urbanization is further going to create market opportunities for the steam turbine MRO market during the forecast period.

MARKET SCOPE

The "Steam Turbine MRO Market Analysis to 2028" is a specialized and in-depth study of the steam turbine MRO market with a special focus on the global market trend analysis. The report aims to provide an overview of steam turbine MRO market with detailed market segmentation namely service type, service provider, plant fuel, capacity, and geography. The steam turbine MRO market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading steam turbine MRO market players and offers key trends and opportunities in the steam turbine MRO market.

MARKET SEGMENTATION

The steam turbine MRO market is segmented based on service type, service provider, plant fuel, and capacity. Based on service type, the market is segmented into maintenance, repair, and overhaul. Based on service provider, the market is segmented into original equipment manufacturers, independent service providers, and in-house. Based on plant fuel, the market is segmented into coal, natural gas, and nuclear. Further, based on capacity, the market is segmented into less than 300 MW, 300 MW to 599 MW, and 600 MW and above.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the steam turbine MRO market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The steam turbine MRO market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.

The report analyzes factors affecting steam turbine MRO market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the steam turbine MRO market in these regions.



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MARKET PLAYERS


The reports cover key developments in the steam turbine MRO market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from steam turbine MRO market are anticipated to lucrative growth opportunities in the future with the rising demand for steam turbine MRO market. Below mentioned is the list of few companies engaged in the steam turbine MRO market.

The report also includes the profiles of key steam turbine MRO market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.

  •   Ansaldo Energia
  •   Elliott Group
  •   GENERAL ELECTRIC
  •   HYUNDAI HEAVY INDUSTRIES TURBOMACHINERY Co., Ltd.
  •   Kessels
  •   Mitsubishi Power, Ltd.
  •   Shanghai Electric
  •   Siemens
  •   STORK
  •   Sulzer

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TABLE OF CONTENTS

1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Steam Turbine MRO Market - By Service Type
1.3.2 Steam Turbine MRO Market - By Service Provider
1.3.3 Steam Turbine MRO Market - By Plant Fuel
1.3.4 Steam Turbine MRO Market - By Capacity
1.3.5 Steam Turbine MRO Market - By Region
1.3.5.1 By Country

2. KEY TAKEAWAYS

3. RESEARCH METHODOLOGY

4. STEAM TURBINE MRO MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. ECOSYSTEM ANALYSIS
4.4. EXPERT OPINIONS

5. STEAM TURBINE MRO MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS

6. STEAM TURBINE MRO MARKET - GLOBAL MARKET ANALYSIS
6.1. STEAM TURBINE MRO - GLOBAL MARKET OVERVIEW
6.2. STEAM TURBINE MRO - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE

7. STEAM TURBINE MRO MARKET - REVENUE AND FORECASTS TO 2028 - SERVICE TYPE
7.1. OVERVIEW
7.2. SERVICE TYPE MARKET FORECASTS AND ANALYSIS
7.3. MAINTENANCE
7.3.1. Overview
7.3.2. Maintenance Market Forecast and Analysis
7.4. REPAIR
7.4.1. Overview
7.4.2. Repair Market Forecast and Analysis
7.5. OVERHAUL
7.5.1. Overview
7.5.2. Overhaul Market Forecast and Analysis
8. STEAM TURBINE MRO MARKET - REVENUE AND FORECASTS TO 2028 - SERVICE PROVIDER
8.1. OVERVIEW
8.2. SERVICE PROVIDER MARKET FORECASTS AND ANALYSIS
8.3. ORIGINAL EQUIPMENT MANUFACTURERS
8.3.1. Overview
8.3.2. Original Equipment Manufacturers Market Forecast and Analysis
8.4. INDEPENDENT SERVICE PROVIDERS
8.4.1. Overview
8.4.2. Independent Service Providers Market Forecast and Analysis
8.5. IN-HOUSE
8.5.1. Overview
8.5.2. In-House Market Forecast and Analysis
9. STEAM TURBINE MRO MARKET - REVENUE AND FORECASTS TO 2028 - PLANT FUEL
9.1. OVERVIEW
9.2. PLANT FUEL MARKET FORECASTS AND ANALYSIS
9.3. COAL
9.3.1. Overview
9.3.2. Coal Market Forecast and Analysis
9.4. NATURAL GAS
9.4.1. Overview
9.4.2. Natural Gas Market Forecast and Analysis
9.5. NUCLEAR
9.5.1. Overview
9.5.2. Nuclear Market Forecast and Analysis
10. STEAM TURBINE MRO MARKET - REVENUE AND FORECASTS TO 2028 - CAPACITY
10.1. OVERVIEW
10.2. CAPACITY MARKET FORECASTS AND ANALYSIS
10.3. LESS THAN 300 MW
10.3.1. Overview
10.3.2. Less than 300 MW Market Forecast and Analysis
10.4. 300 MW TO 599 MW
10.4.1. Overview
10.4.2. 300 MW to 599 MW Market Forecast and Analysis
10.5. 600 MW AND ABOVE
10.5.1. Overview
10.5.2. 600 MW and Above Market Forecast and Analysis

11. STEAM TURBINE MRO MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
11.1. NORTH AMERICA
11.1.1 North America Steam Turbine MRO Market Overview
11.1.2 North America Steam Turbine MRO Market Forecasts and Analysis
11.1.3 North America Steam Turbine MRO Market Forecasts and Analysis - By Service Type
11.1.4 North America Steam Turbine MRO Market Forecasts and Analysis - By Service Provider
11.1.5 North America Steam Turbine MRO Market Forecasts and Analysis - By Plant Fuel
11.1.6 North America Steam Turbine MRO Market Forecasts and Analysis - By Capacity
11.1.7 North America Steam Turbine MRO Market Forecasts and Analysis - By Countries
11.1.7.1 United States Steam Turbine MRO Market
11.1.7.1.1 United States Steam Turbine MRO Market by Service Type
11.1.7.1.2 United States Steam Turbine MRO Market by Service Provider
11.1.7.1.3 United States Steam Turbine MRO Market by Plant Fuel
11.1.7.1.4 United States Steam Turbine MRO Market by Capacity
11.1.7.2 Canada Steam Turbine MRO Market
11.1.7.2.1 Canada Steam Turbine MRO Market by Service Type
11.1.7.2.2 Canada Steam Turbine MRO Market by Service Provider
11.1.7.2.3 Canada Steam Turbine MRO Market by Plant Fuel
11.1.7.2.4 Canada Steam Turbine MRO Market by Capacity
11.1.7.3 Mexico Steam Turbine MRO Market
11.1.7.3.1 Mexico Steam Turbine MRO Market by Service Type
11.1.7.3.2 Mexico Steam Turbine MRO Market by Service Provider
11.1.7.3.3 Mexico Steam Turbine MRO Market by Plant Fuel
11.1.7.3.4 Mexico Steam Turbine MRO Market by Capacity
11.2. EUROPE
11.2.1 Europe Steam Turbine MRO Market Overview
11.2.2 Europe Steam Turbine MRO Market Forecasts and Analysis
11.2.3 Europe Steam Turbine MRO Market Forecasts and Analysis - By Service Type
11.2.4 Europe Steam Turbine MRO Market Forecasts and Analysis - By Service Provider
11.2.5 Europe Steam Turbine MRO Market Forecasts and Analysis - By Plant Fuel
11.2.6 Europe Steam Turbine MRO Market Forecasts and Analysis - By Capacity
11.2.7 Europe Steam Turbine MRO Market Forecasts and Analysis - By Countries
11.2.7.1 Germany Steam Turbine MRO Market
11.2.7.1.1 Germany Steam Turbine MRO Market by Service Type
11.2.7.1.2 Germany Steam Turbine MRO Market by Service Provider
11.2.7.1.3 Germany Steam Turbine MRO Market by Plant Fuel
11.2.7.1.4 Germany Steam Turbine MRO Market by Capacity
11.2.7.2 France Steam Turbine MRO Market
11.2.7.2.1 France Steam Turbine MRO Market by Service Type
11.2.7.2.2 France Steam Turbine MRO Market by Service Provider
11.2.7.2.3 France Steam Turbine MRO Market by Plant Fuel
11.2.7.2.4 France Steam Turbine MRO Market by Capacity
11.2.7.3 Italy Steam Turbine MRO Market
11.2.7.3.1 Italy Steam Turbine MRO Market by Service Type
11.2.7.3.2 Italy Steam Turbine MRO Market by Service Provider
11.2.7.3.3 Italy Steam Turbine MRO Market by Plant Fuel
11.2.7.3.4 Italy Steam Turbine MRO Market by Capacity
11.2.7.4 United Kingdom Steam Turbine MRO Market
11.2.7.4.1 United Kingdom Steam Turbine MRO Market by Service Type
11.2.7.4.2 United Kingdom Steam Turbine MRO Market by Service Provider
11.2.7.4.3 United Kingdom Steam Turbine MRO Market by Plant Fuel
11.2.7.4.4 United Kingdom Steam Turbine MRO Market by Capacity
11.2.7.5 Russia Steam Turbine MRO Market
11.2.7.5.1 Russia Steam Turbine MRO Market by Service Type
11.2.7.5.2 Russia Steam Turbine MRO Market by Service Provider
11.2.7.5.3 Russia Steam Turbine MRO Market by Plant Fuel
11.2.7.5.4 Russia Steam Turbine MRO Market by Capacity
11.2.7.6 Rest of Europe Steam Turbine MRO Market
11.2.7.6.1 Rest of Europe Steam Turbine MRO Market by Service Type
11.2.7.6.2 Rest of Europe Steam Turbine MRO Market by Service Provider
11.2.7.6.3 Rest of Europe Steam Turbine MRO Market by Plant Fuel
11.2.7.6.4 Rest of Europe Steam Turbine MRO Market by Capacity
11.3. ASIA-PACIFIC
11.3.1 Asia-Pacific Steam Turbine MRO Market Overview
11.3.2 Asia-Pacific Steam Turbine MRO Market Forecasts and Analysis
11.3.3 Asia-Pacific Steam Turbine MRO Market Forecasts and Analysis - By Service Type
11.3.4 Asia-Pacific Steam Turbine MRO Market Forecasts and Analysis - By Service Provider
11.3.5 Asia-Pacific Steam Turbine MRO Market Forecasts and Analysis - By Plant Fuel
11.3.6 Asia-Pacific Steam Turbine MRO Market Forecasts and Analysis - By Capacity
11.3.7 Asia-Pacific Steam Turbine MRO Market Forecasts and Analysis - By Countries
11.3.7.1 Australia Steam Turbine MRO Market
11.3.7.1.1 Australia Steam Turbine MRO Market by Service Type
11.3.7.1.2 Australia Steam Turbine MRO Market by Service Provider
11.3.7.1.3 Australia Steam Turbine MRO Market by Plant Fuel
11.3.7.1.4 Australia Steam Turbine MRO Market by Capacity
11.3.7.2 China Steam Turbine MRO Market
11.3.7.2.1 China Steam Turbine MRO Market by Service Type
11.3.7.2.2 China Steam Turbine MRO Market by Service Provider
11.3.7.2.3 China Steam Turbine MRO Market by Plant Fuel
11.3.7.2.4 China Steam Turbine MRO Market by Capacity
11.3.7.3 India Steam Turbine MRO Market
11.3.7.3.1 India Steam Turbine MRO Market by Service Type
11.3.7.3.2 India Steam Turbine MRO Market by Service Provider
11.3.7.3.3 India Steam Turbine MRO Market by Plant Fuel
11.3.7.3.4 India Steam Turbine MRO Market by Capacity
11.3.7.4 Japan Steam Turbine MRO Market
11.3.7.4.1 Japan Steam Turbine MRO Market by Service Type
11.3.7.4.2 Japan Steam Turbine MRO Market by Service Provider
11.3.7.4.3 Japan Steam Turbine MRO Market by Plant Fuel
11.3.7.4.4 Japan Steam Turbine MRO Market by Capacity
11.3.7.5 South Korea Steam Turbine MRO Market
11.3.7.5.1 South Korea Steam Turbine MRO Market by Service Type
11.3.7.5.2 South Korea Steam Turbine MRO Market by Service Provider
11.3.7.5.3 South Korea Steam Turbine MRO Market by Plant Fuel
11.3.7.5.4 South Korea Steam Turbine MRO Market by Capacity
11.3.7.6 Rest of Asia-Pacific Steam Turbine MRO Market
11.3.7.6.1 Rest of Asia-Pacific Steam Turbine MRO Market by Service Type
11.3.7.6.2 Rest of Asia-Pacific Steam Turbine MRO Market by Service Provider
11.3.7.6.3 Rest of Asia-Pacific Steam Turbine MRO Market by Plant Fuel
11.3.7.6.4 Rest of Asia-Pacific Steam Turbine MRO Market by Capacity
11.4. MIDDLE EAST AND AFRICA
11.4.1 Middle East and Africa Steam Turbine MRO Market Overview
11.4.2 Middle East and Africa Steam Turbine MRO Market Forecasts and Analysis
11.4.3 Middle East and Africa Steam Turbine MRO Market Forecasts and Analysis - By Service Type
11.4.4 Middle East and Africa Steam Turbine MRO Market Forecasts and Analysis - By Service Provider
11.4.5 Middle East and Africa Steam Turbine MRO Market Forecasts and Analysis - By Plant Fuel
11.4.6 Middle East and Africa Steam Turbine MRO Market Forecasts and Analysis - By Capacity
11.4.7 Middle East and Africa Steam Turbine MRO Market Forecasts and Analysis - By Countries
11.4.7.1 South Africa Steam Turbine MRO Market
11.4.7.1.1 South Africa Steam Turbine MRO Market by Service Type
11.4.7.1.2 South Africa Steam Turbine MRO Market by Service Provider
11.4.7.1.3 South Africa Steam Turbine MRO Market by Plant Fuel
11.4.7.1.4 South Africa Steam Turbine MRO Market by Capacity
11.4.7.2 Saudi Arabia Steam Turbine MRO Market
11.4.7.2.1 Saudi Arabia Steam Turbine MRO Market by Service Type
11.4.7.2.2 Saudi Arabia Steam Turbine MRO Market by Service Provider
11.4.7.2.3 Saudi Arabia Steam Turbine MRO Market by Plant Fuel
11.4.7.2.4 Saudi Arabia Steam Turbine MRO Market by Capacity
11.4.7.3 U.A.E Steam Turbine MRO Market
11.4.7.3.1 U.A.E Steam Turbine MRO Market by Service Type
11.4.7.3.2 U.A.E Steam Turbine MRO Market by Service Provider
11.4.7.3.3 U.A.E Steam Turbine MRO Market by Plant Fuel
11.4.7.3.4 U.A.E Steam Turbine MRO Market by Capacity
11.4.7.4 Rest of Middle East and Africa Steam Turbine MRO Market
11.4.7.4.1 Rest of Middle East and Africa Steam Turbine MRO Market by Service Type
11.4.7.4.2 Rest of Middle East and Africa Steam Turbine MRO Market by Service Provider
11.4.7.4.3 Rest of Middle East and Africa Steam Turbine MRO Market by Plant Fuel
11.4.7.4.4 Rest of Middle East and Africa Steam Turbine MRO Market by Capacity
11.5. SOUTH AND CENTRAL AMERICA
11.5.1 South and Central America Steam Turbine MRO Market Overview
11.5.2 South and Central America Steam Turbine MRO Market Forecasts and Analysis
11.5.3 South and Central America Steam Turbine MRO Market Forecasts and Analysis - By Service Type
11.5.4 South and Central America Steam Turbine MRO Market Forecasts and Analysis - By Service Provider
11.5.5 South and Central America Steam Turbine MRO Market Forecasts and Analysis - By Plant Fuel
11.5.6 South and Central America Steam Turbine MRO Market Forecasts and Analysis - By Capacity
11.5.7 South and Central America Steam Turbine MRO Market Forecasts and Analysis - By Countries
11.5.7.1 Brazil Steam Turbine MRO Market
11.5.7.1.1 Brazil Steam Turbine MRO Market by Service Type
11.5.7.1.2 Brazil Steam Turbine MRO Market by Service Provider
11.5.7.1.3 Brazil Steam Turbine MRO Market by Plant Fuel
11.5.7.1.4 Brazil Steam Turbine MRO Market by Capacity
11.5.7.2 Argentina Steam Turbine MRO Market
11.5.7.2.1 Argentina Steam Turbine MRO Market by Service Type
11.5.7.2.2 Argentina Steam Turbine MRO Market by Service Provider
11.5.7.2.3 Argentina Steam Turbine MRO Market by Plant Fuel
11.5.7.2.4 Argentina Steam Turbine MRO Market by Capacity
11.5.7.3 Rest of South and Central America Steam Turbine MRO Market
11.5.7.3.1 Rest of South and Central America Steam Turbine MRO Market by Service Type
11.5.7.3.2 Rest of South and Central America Steam Turbine MRO Market by Service Provider
11.5.7.3.3 Rest of South and Central America Steam Turbine MRO Market by Plant Fuel
11.5.7.3.4 Rest of South and Central America Steam Turbine MRO Market by Capacity

12. INDUSTRY LANDSCAPE
12.1. MERGERS AND ACQUISITIONS
12.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
12.3. NEW PRODUCT LAUNCHES
12.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS

13. STEAM TURBINE MRO MARKET, KEY COMPANY PROFILES
13.1. ANSALDO ENERGIA
13.1.1. Key Facts
13.1.2. Business Description
13.1.3. Products and Services
13.1.4. Financial Overview
13.1.5. SWOT Analysis
13.1.6. Key Developments
13.2. ELLIOTT GROUP
13.2.1. Key Facts
13.2.2. Business Description
13.2.3. Products and Services
13.2.4. Financial Overview
13.2.5. SWOT Analysis
13.2.6. Key Developments
13.3. GENERAL ELECTRIC
13.3.1. Key Facts
13.3.2. Business Description
13.3.3. Products and Services
13.3.4. Financial Overview
13.3.5. SWOT Analysis
13.3.6. Key Developments
13.4. HYUNDAI HEAVY INDUSTRIES TURBOMACHINERY CO., LTD.
13.4.1. Key Facts
13.4.2. Business Description
13.4.3. Products and Services
13.4.4. Financial Overview
13.4.5. SWOT Analysis
13.4.6. Key Developments
13.5. KESSELS
13.5.1. Key Facts
13.5.2. Business Description
13.5.3. Products and Services
13.5.4. Financial Overview
13.5.5. SWOT Analysis
13.5.6. Key Developments
13.6. POWER, LTD.
13.6.1. Key Facts
13.6.2. Business Description
13.6.3. Products and Services
13.6.4. Financial Overview
13.6.5. SWOT Analysis
13.6.6. Key Developments
13.7. SHANGHAI ELECTRIC
13.7.1. Key Facts
13.7.2. Business Description
13.7.3. Products and Services
13.7.4. Financial Overview
13.7.5. SWOT Analysis
13.7.6. Key Developments
13.8. SIEMENS
13.8.1. Key Facts
13.8.2. Business Description
13.8.3. Products and Services
13.8.4. Financial Overview
13.8.5. SWOT Analysis
13.8.6. Key Developments
13.9. STORK
13.9.1. Key Facts
13.9.2. Business Description
13.9.3. Products and Services
13.9.4. Financial Overview
13.9.5. SWOT Analysis
13.9.6. Key Developments
13.10. SULZER
13.10.1. Key Facts
13.10.2. Business Description
13.10.3. Products and Services
13.10.4. Financial Overview
13.10.5. SWOT Analysis
13.10.6. Key Developments

14. APPENDIX
14.1. ABOUT THE INSIGHT PARTNERS
14.2. GLOSSARY OF TERMS
The List of Companies

1. Ansaldo Energia
2. Elliott Group
3. GENERAL ELECTRIC
4. HYUNDAI HEAVY INDUSTRIES TURBOMACHINERY Co., Ltd.
5. Kessels
6. Power, Ltd.
7. Shanghai Electric
8. Siemens
9. STORK
10. Sulzer
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