(Post-pandemic Era)-Global Gas Turbine Services Market (Sales, Revenue, Price, Gross Profit and Competitors Analysis of Major Market) from 2016-2027
- Report Code : XYZ2439870
- Published On: Apr, 2021
- Category : Semiconductor & Electronics
- Pages : 114
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As the world continues to deal with COVID-19, economies are moving into recession, under multiple adverse factors, the GDP of European and American countries in the second quarter suffered a historical contraction. At an annualized rate, the US GDP fell by 32.9% month on month, while the overall GDP of the euro zone fell by 12.1%.
Moreover, the economic prospects of Europe and the United States in the third quarter under the epidemic situation are hardly optimistic. The resumption of work and production not only brought economic data back, but also triggered a rebound in the epidemic situation. At present, the United States is still the 'epicenter' of the global epidemic. The total number of confirmed cases has exceeded 4.8 million, and the epidemic situation in some European countries has also rebounded. Affected by this, more than 20 states in the United States have announced the suspension or withdrawal of part of the economic restart plan. Britain and Italy have also decided to extend the state of emergency. The rebound of the epidemic situation has posed considerable risks to the economic prospects of Europe and the United States.
In the second quarter of this year, US GDP shrank by 9.5% on a month on month basis, or 32.9% at an annual rate, the largest decline since the 1940s. Data show that the sharp decline in personal consumption is the main drag on the U.S. GDP growth in the second quarter.
Compared with the United States, Europe's economic contraction in the second quarter was smaller, but it was also the lowest on record, with Germany and France contracting more than 10%. According to the data released by the Federal Bureau of statistics, Germany's GDP fell by 10.1% in the second quarter after adjusting for prices, seasons and working days, the largest decline since the quarterly economic data were available in 1970.
Thanks to the effective control and policy support of the new epidemic, China's economy rebounded sharply in the second quarter. The growth rate of manufacturing industry, which accounted for about 28% of GDP, rebounded sharply to 4.4% from the negative value in the first quarter. Chinese original equipment manufacturers (OEMs) and suppliers are ramping up production. And there are increased investments in digital footprints in manufacturing. OEMs in other parts of the world are offering incentives to drive sales. Research published a report for global Gas Turbine Services market in this environment.
In terms of revenue, this research report indicated that the global Gas Turbine Services market was valued at USD XXX million in 2020, and it is expected to reach a value of USD XXX million by 2027, at a CAGR of XX % over the forecast period 2021-2027. Correspondingly, the forecast analysis of Gas Turbine Services industry comprises of China, USA, Japan, India, Korea and South America, with the production and revenue data in each of the sub-segments.
The Siemens aims at producing XX K Units Gas Turbine Services in 2020, with XX % production to take place in global market, General Electric accounts for a volume share of XX %.
Regional Segmentation (Value; Revenue, USD Million, 2026-2027) of Gas Turbine Services Market Include by
China
EU
USA
Japan
India
Southeast Asia
South America
Competitive Analysis; Who are the Major Players in Gas Turbine Services Market
Siemens
General Electric
Mitsubishi Hitachi Power Systems
Wood Group
Kawasaki Heavy Industries
Solar Turbines
Ansaldo Energia
MTU Aero Engines
Sulzer
MAN Diesel & Turbo
MJB International
Proenergy Services
Major Type of Gas Turbine Services Covered in Research report:
Heavy Duty Services
Aero-Derivative Services
Application Segments Covered in Research Market
Power Generation
Oil & Gas
Others
For any other requirements, please feel free to contact us and we will provide you customized report.
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With tables and figures helping analyze worldwide (Post pandemic Era) Global Gas Turbine Services market, this research provides key statistics on the state of the industry and is a valuable source of guidance and direction for companies and individuals interested in the market.
Global Gas Turbine Services Market Analysis 2021, With Top Companies, Production, Revenue, Consumption, Price and Growth Rate
1 Market Scope1.1 Product Details and Introduction
1.1.1 Heavy Duty Services -Product Introduction and Major Manufacturers
1.1.2 Aero-Derivative Services -Product Introduction and Major Manufacturers1.2 Market Snapshot
1.2.1 Major Companies Overview
1.2.2 Market Concentration
1.2.3 Six-Year Compound Annual Growth Rate (CAGR)
2 Global Gas Turbine Services Market Assessment, by Segmentation2.1 Type Breakdown Estimates & Forecast, Sales Volume (2026-2027)
2.2 Type Breakdown Estimates & Forecast, Sales Value (2026-2027)
2.3 Application Breakdown Estimates & Forecast, by Application (2026-2027)
3 Regional Market Analysis3.1 China Gas Turbine Services Market
3.1.1 Top Companies leading Gas Turbine Services Development in China (2016-2021)
3.1.2 Sales Value of Major Company in China Market (2016-2021)
3.1.3 China Gas Turbine Services Price (USD/Unit), by Type (2019-2020)
3.1.4 Sales in China Market, by Type (2026-2027)3.2 EU Gas Turbine Services Market
3.2.1 Top Companies leading Gas Turbine Services Development in EU (2016-2021)
3.2.2 Sales Value of Major Company in EU Market (2016-2021)
3.2.3 EU Gas Turbine Services Price (USD/Unit), by Type (2019-2020)
3.2.4 Sales in EU Market, by Type (2026-2027)3.3 USA Gas Turbine Services Market
3.3.1 Top Companies leading Gas Turbine Services Development in USA (2016-2021)
3.3.2 Sales Value of Major Company in USA Market (2016-2021)
3.3.3 USA Gas Turbine Services Price (USD/Unit), by Type (2019-2020)
3.3.4 Sales in USA Market, by Type (2026-2027)3.4 Japan Gas Turbine Services Market
3.4.1 Top Companies leading Gas Turbine Services Development in Japan (2016-2021)
3.4.2 Sales Value of Major Company in Japan Market (2016-2021)
3.4.3 Japan Gas Turbine Services Price (USD/Unit), by Type (2019-2020)
3.4.4 Sales in Japan Market, by Type (2026-2027)3.5 India Gas Turbine Services Market
3.5.1 Top Companies leading Gas Turbine Services Development in India (2016-2021)
3.5.2 Sales Value of Major Company in India Market (2016-2021)
3.5.3 India Gas Turbine Services Price (USD/Unit), by Type (2019-2020)
3.5.4 Sales in India Market, by Type (2026-2027)3.6 Southeast Asia Gas Turbine Services Market
3.6.1 Top Companies leading Gas Turbine Services Development in Southeast Asia (2016-2021)
3.6.2 Sales Value of Major Company in Southeast Asia Market (2016-2021)
3.6.3 Southeast Asia Gas Turbine Services Price (USD/Unit), by Type (2019-2020)
3.6.4 Sales in Southeast Asia Market, by Type (2026-2027)
3.7 South America Gas Turbine Services Market
3.7.1 Top Companies leading Gas Turbine Services Development in South America (2016-2021)
3.7.2 Sales Value of Major Company in South America Market (2016-2021)
3.7.3 South America Gas Turbine Services Price (USD/Unit), by Type (2019-2020)
3.7.4 Sales in South America Market, by Type (2026-2027)
4 Value Chain (Impact of COVID-19)4.1 Gas Turbine Services Value Chain Analysis
4.1.1 Upstream
4.1.2 Downstream4.2 COVID-19 Impact on Gas Turbine Services Industry
4.2.1 Industrial Policy Issued Under the Epidemic Situation4.3 Cost-Under the Epidemic Situation
4.3.1 Cost of Raw Material4.4 Channel Analysis
4.4.1 Distribution Channel-Under the Epidemic Situation
4.4.2 Distributors
5 Regional Market Forecast (2021-2027)5.1 Global Gas Turbine Services Sales and Growth Rate (2021-2027)
5.2 Global Gas Turbine Services Sales Value and Growth Rate (2021-2027)
6 Gas Turbine Services Competitive Analysis6.1 Siemens
6.1.1 Siemens Company Profiles
6.1.2 Siemens Product Introduction
6.1.3 Siemens Gas Turbine Services Production, Revenue (2016-2021)
6.1.4 SWOT Analysis6.2 General Electric
6.2.1 General Electric Company Profiles
6.2.2 General Electric Product Introduction
6.2.3 General Electric Gas Turbine Services Production, Revenue (2016-2021)
6.2.4 SWOT Analysis6.3 Mitsubishi Hitachi Power Systems
6.3.1 Mitsubishi Hitachi Power Systems Company Profiles
6.3.2 Mitsubishi Hitachi Power Systems Product Introduction
6.3.3 Mitsubishi Hitachi Power Systems Gas Turbine Services Production, Revenue (2016-2021)
6.3.4 SWOT Analysis6.4 Wood Group
6.4.1 Wood Group Company Profiles
6.4.2 Wood Group Product Introduction
6.4.3 Wood Group Gas Turbine Services Production, Revenue (2016-2021)
6.4.4 SWOT Analysis6.5 Kawasaki Heavy Industries
6.5.1 Kawasaki Heavy Industries Company Profiles
6.5.2 Kawasaki Heavy Industries Product Introduction
6.5.3 Kawasaki Heavy Industries Gas Turbine Services Production, Revenue (2016-2021)
6.5.4 SWOT Analysis6.6 Solar Turbines
6.6.1 Solar Turbines Company Profiles
6.6.2 Solar Turbines Product Introduction
6.6.3 Solar Turbines Gas Turbine Services Production, Revenue (2016-2021)
6.6.4 SWOT Analysis
6.7 Ansaldo Energia
6.7.1 Ansaldo Energia Company Profiles
6.7.2 Ansaldo Energia Product Introduction
6.7.3 Ansaldo Energia Gas Turbine Services Production, Revenue (2016-2021)
6.7.4 SWOT Analysis
6.8 MTU Aero Engines
6.8.1 MTU Aero Engines Company Profiles
6.8.2 MTU Aero Engines Product Introduction
6.8.3 MTU Aero Engines Gas Turbine Services Production, Revenue (2016-2021)
6.8.4 SWOT Analysis
6.9 Sulzer
6.9.1 Sulzer Company Profiles
6.9.2 Sulzer Product Introduction
6.9.3 Sulzer Gas Turbine Services Production, Revenue (2016-2021)
6.9.4 SWOT Analysis6.10 MAN Diesel & Turbo
6.10.1 MAN Diesel & Turbo Company Profiles
6.10.2 MAN Diesel & Turbo Product Introduction
6.10.3 MAN Diesel & Turbo Gas Turbine Services Production, Revenue (2016-2021)
6.10.4 SWOT Analysis
6.11 MJB International
6.12 Proenergy Services
7 Conclusion
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The (Post pandemic Era) Global Gas Turbine Services Market has been segregated into various crucial divisions including applications, types, and regions. Each market segment is intensively studied in the report contemplating its market acceptance, worthiness, demand, and growth prospects. The segmentation analysis will help the client to customize their marketing approach to have a better command of each segment and to identify the most prospective customer base.
Report Objectives / Segmentation Covered :
By Companies / players:
By Regions:
By Type:
By Application:
Frequently asked questions(FAQ's):
New players are entering the (Post pandemic Era) Global Gas Turbine Services Market, while established companies are changing their business models and strategies. This pattern is likely to continue for the foreseeable future.
In 2023, the (Post pandemic Era) Global Gas Turbine Services Market share exceeded USD xx million. Between 2024 and 2029, it will grow at a CAGR of yy%.
Yes, the add-on segmentation is available in the premium customised version of the (Post pandemic Era) Global Gas Turbine Services Market report for a more in-depth analysis. It aids in the calculation of refined and precise market values.
This latest research publication on the (Post pandemic Era) Global Gas Turbine Services Market is an in-depth market tracker that provides a comprehensive assessment of the challenges that manufacturers face in achieving new growth cycles in the current scenario.
