Companies Dominating the Gas Turbine MRO Market
- Bharat Heavy Electrical Limited
- Company Overview
- Business Strategy
- Key Product Offerings
- Financial Performance
- Key Performance Indicators
- Risk Analysis
- Recent Development
- Regional Presence
- SWOT Analysis
- General Electric (GE)
- Ansaldo Energia
- Solar Turbines
- Baker Hughes
- Evonik Industries Flour Corp.
- OPRA Turbines
- Caterpillar Inc.
- Metalock Engineering Group
Most of the key players are continuously collaborating, expanding, making agreements, and joining ventures for the growth of the gas turbine MRO market and are estimated to be the major key players in this landscape.
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Frequently Asked Questions (FAQ)
Currently in 2025, the industry revenue of gas turbine MRO is evaluated at USD 15.48 billion.
The global gas turbine MRO market is poised to grow from USD 15.11 billion in 2024 to USD 23.63 billion by 2037, reflecting a CAGR of more than 3.5% during the forecast period, from 2025 to 2037.
Asia Pacific industry is predicted to dominate majority revenue share of 46% by 2037, impelled by tremendous demand for natural gas, as there is a rise in population, which is shifting more towards the usage of clean energy in the region.
The major players in the market include General Electric (GE), Ansaldo Energia, Solar Turbines, Baker Hughes, Evonik Industries Flour Corp., OPRA Turbines, Caterpillar Inc., Metalock Engineering Group.
