Opportunities in the steam turbine MRO market have evolved through a number of stages. Lucintel has found the future of this market to be promising; the steam turbine MRO market is expected to reach $33.8 billion by 2025 with a CAGR of 5.7%. In this market, original equipment manufacturers are the largest segment by service provider, whereas coal is largest by plant fuel. Players can benefit from the available opportunities like increasing fleet of aging turbines and growth in the commissioning of thermal power plants.
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GE, Siemens, Shanghai Electric, MHI, Harbin Electric, Dongfang Electric, and some of the ISPs such as Sulzer, Stork Turbo Services, and Wood Group and others are some of the companies profiled in this report.
Some of the features of this report:
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This exclusive report from Lucintel will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link helpdesk@lucintel.com
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Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.
Brandon Fitzgerald
Lucintel
Dallas, Texas, USA
Email: brandon.fitzgerald@lucintel.com
Tel. 972.636.5056
Cell: 303.775.0751
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