タービンサービス業界の世界市場、2024年～2035年

発電需要の増加と資産の老朽化が収益拡大の主な要因に

Frost & Sullivanのレポートでは、世界のタービンサービス業界に焦点を当て、市場シフトに影響を与える要因について考察しています。世界のタービンサービス業界は比較的成熟していますが、先進的なソリューションの導入による技術革新の可能性は大きいです。タービンサービス市場は、電力需要の増加と老朽化したインフラを整備するための新製品の必要性により、2024年から2035年にかけてCAGRで5.1%の成長が予測されています。この需要は、OEMの販売とサービス収益をさらに押し上げると予想されます。このレポートでは、市場成長の促進要因と抑制要因を分析し、業界の将来を形作る動向を明らかにしています。また、この分野で注目すべき主要企業をハイライトし、新規参入企業を追跡しています。分析では、デジタル技術が業界で果たす変革的役割と、将来の契約に与える影響を強調しています。さらに、市場の変化から生じる成長機会を概説し、業界企業やステークホルダーが活用できる機会を紹介しています。レポートでは、北米、欧州、ラテンアメリカ、アフリカ、中東、中国、インド・その他の南アジア諸国、ASEAN加盟国、東アジア、オーストラリア・ニュージーランド（ANZ）・太平洋地域、ロシア・その他のCIS諸国など、地域別に区分しています。基準年は2024年で、予測期間は2025年から2035年までです。

主な競合企業：ガスタービン

• 世界
• SIEMENS
• GE
• MHI
• SOLAR TURBINES
• ANSALDO ENERGIA
• BAKER HUGHES
• ETHOS ENERGY
• MTU
• SULZER
• CHROMALLOY
• 北米
• GE VERNOVA
• SIEMENS
• MHI
• SOLAR TURBINES
• BAKER HUGHES
• MTU
• SULZER
• CHROMALLOY
• 欧州
• SIEMENS
• GE VERNOVA
• MHI
• BAKER HUGHES
• MTU
• SOLAR TURBINES
• SULZER
• ETHOS ENERGY
• CHROMALLOY
• アジア太平洋地域
• SIEMENS
• GE VERNOVA
• BHEL
• SULZER
• ETHOS ENERGY
• Chroamalloy
• MHI
• ラテンアメリカ
• GE VERNOVA
• SIEMENS
• SOLAR TURBINES
• ETHOS ENERGY
• SULZER

目次

戦略的インペラティブ

• なぜ成長が難しくなっているのか？
• 戦略的インペラティブ
• タービンサービス業界に対する戦略的インペラティブトップ3の影響
• Growth Pipeline Engine（TM）を促進する成長機会

成長機会分析

• 主な調査結果
• 分析範囲
• 地理的範囲
• 競合環境 - ガスタービンサービス
• 競合環境 - 蒸気タービンサービス
• 主要競合企業 - ガスタービン
• 流通チャネル - ガスタービン
• 主な競合企業 - 蒸気タービン
• 流通チャネル - 蒸気タービン
• 成長促進要因
• 成長抑制要因

成長ジェネレター

• 成長指標
• 予測に関する考察
• タービンサービス - 収益予測
• タービンサービス - スペアパーツ
• タービンサービス - メンテナンス・サービス
• タービンサービス - デジタル技術
• タービンサービス - アップグレード
• タービンサービス - オペレーション

成長ジェネレーター：ガスタービンサービス

• 成長指標
• タービンサービス - 収益予測
• 業種別、収益割合
• 業種別、収益予測
• サービス業種別、収益予測
• 収益予測分析
• 地域別、収益予測
• 地域分析
• 収益シェア
• 収益シェア分析

成長ジェネレーター：蒸気タービンサービス

• 成長指標
• タービンサービス - 収益予測
• 業種別、収益割合
• 業種別、収益予測
• サービス業種別、収益予測
• 収益予測分析
• 地域別、収益予測
• 地域分析
• 収益シェア
• 収益シェア分析

競合市場分析

• 企業概要：Siemens Energy
• 企業概要：GE Vernova
• 企業概要：Baker Hughes
• 企業概要：Solar Turbines
• 企業概要：MHI
• 企業概要：Ethos Energy
• 企業概要：Sulzer

成長機会ユニバース

• 成長機会1：新技術開発
• 成長機会2：パートナーシップ、合併、買収
• 成長機会3：スペアパーツとサイバーセキュリティ

次のステップ

• 成長機会のメリットと影響
• 次のステップ
• 資料リスト
• 免責事項

Increased Demand for Power Generation and an Aging Asset Base will be Key Drivers for Revenue Growth

This Frost & Sullivan report focuses on the global turbine services industry, examining the factors that influence market shifts. While the global turbine services industry is relatively mature, there is significant potential for innovation in introducing advanced solutions. The turbine services market is projected to have a compound annual growth rate (CAGR) of 5.1% between 2024 and 2035, driven by increasing power demand and the need for new products to service an aging infrastructure. This demand will further boost original equipment manufacturer (OEM) sales and service revenues. The report analyzes the factors that drive and restrain market growth, identifying the trends that will shape the future of the industry. It also highlights key companies to watch in this space and tracks new entrants. The analysis emphasizes the transformative role digital technologies are expected to play in the industry and their impact on future contracting. Additionally, it outlines growth opportunities arising from changes in the market for industry players and stakeholders to leverage. The report is segmented by region, including North America; Europe; Latin America; Africa; the Middle East; China; India and other South Asian countries; ASEAN member states; East Asia; Australia & New Zealand (ANZ) and the Pacific; and Russia and other countries in the Commonwealth of Independent States (CIS). The base year for the report is 2024, and the forecast period extends from 2025 to 2035.

Revenue Forecast by Industry Vertical

The revenue forecast shows robust growth across various sectors, with utility demand remaining strong in multiple regions until 2035 across the steam turbine service market and gas turbine market.

Scope of Analysis

• This study includes the servicing of gas turbines and steam turbines in the steam turbine service market.
• Gas turbines: Gas turbines include a combustion machine that converts gaseous or liquid fuel to mechanical power and thrust. This power then drives generators to generate electricity or to rotate industrial machinery within the gas turbine market.
• Steam turbines: A steam turbine is a machine that uses thermal energy from pressurized steam to do mechanical work, such as running generators or driving other industrial machinery in the industrial steam turbine market.
• End-user industries: Industrial, oil & gas, and utility sectors in both the gas turbine market and steam turbine service market.
• Regions: North America, Europe, Latin America, Africa, the Middle East, China, India and other countries in South Asia, ASEAN member states, East Asia, Australia and New Zealand (ANZ), and the Pacific, Russia and other countries in the Commonwealth of Independent States (CIS).
• Service verticals: Digital services, upgrades, repairs, parts, and field services in the steam turbine service market.

The Impact of the Top 3 Strategic Imperatives on the Turbine Services Industry

• Disruptive Technologies

Why

There is increasing focus on the development of digital technologies to improve the efficiency and resiliency of steam turbine service market systems and reduce downtime and operational expenditures in the gas turbine market and industrial steam turbine market.

Companies are incorporating new sensors, software, IoT devices, artificial intelligence (AI), and machine learning (ML) systems into turbines to track performance parameters that can drive the efficiency of plant operations in the steam turbine service market and gas turbine market.

• Frost Perspective

Digital technologies will be gradually adopted over the next decade as companies in the steam turbine service market seek to reduce manual interference in operations and increase automation of their facilities.

• Transformative Megatrends

Why

Increasing use of hydrogen for firing the turbines creates a need for next-generation turbine technology in the gas turbine market and industrial steam turbine market and associated equipment to replace natural gas firing.

Carbon capture and storage (CCUS) technologies are expected to gain ground mainly in the oil & gas space, as companies seek newer technologies to lower emissions and reduce carbon emissions in the steam turbine service market.

• Frost Perspective

Increased usage of hydrogen will drive the development of the next generation of products and improved service lines in the steam turbine service market. 100% hydrogen firing will be achieved by 2030, although availability will be an issue in the gas turbine market.

This will lead to performance-based contracting over long-term contracting as companies in the industrial steam turbine market seek more transactional services over fixed services.

Predictive and performance-based monitoring is gaining ground, enabling emissions reduction in plants within the steam turbine service market.

Why

• Customer Value Chain Compression

The increasing use of CCUS, hydrogen, and renewable energy is driving the demand for new factory designs, equipment upgrades in the gas turbine market, and new equipment in order to shift to a low-carbon-emissions working environment in the industrial steam turbine market.

The reduction of downtime and quicker turnaround times will lead to higher efficiency and lower operational expenditure (OPEX) for companies in the steam turbine service market.

3D printing is gaining ground as original equipment manufacturers (OEMs) try to move parts production to the customers' location in the industrial steam turbine market.

The increased use of cloud technologies will drive new device penetration and sensor adoption to increase efficiency and reduce emissions in the gas turbine market.

• Frost Perspective

Supply chain innovations lead to lower lead times, with spare parts being supplied within 48 hours across the gas turbine market and steam turbine service market.

Additive manufacturing will see growth, with increased 3D printing of parts at different locations in the industrial steam turbine market, leading to more cloud usage and higher demand for digital technologies.

Third-party service providers gain ground as OEMs move servicing to local players who will take over after 2030 in the steam turbine service market.

Competitive Environment-Gas Turbine Services

• Number of Competitors
• >10
• Competitive Factors
• Technology, support, performance, reliability, contractor relationships in the steam turbine service market.
• Key End-user Industry Verticals
• Oil and gas (upstream, midstream, and downstream), industrial, and utility sectors in the gas turbine market.
• Leading Competitors
• Siemens, GE, MHI, Solar Turbines, Baker Hughes in the steam turbine service market.
• Revenue Share of Top 5 Competitors (2024)
• 73.7%
• Other Notable Competitors
• Ansaldo Energia, Shanghai Electric, MTU, Ethos Energy.
• Distribution Structure
• Direct sales, engineering, procurement, and construction (EPC) in the gas turbine market.
• Notable Acquisitions and Mergers
• GE Vernova acquiring Woodward Gas Turbine business.

Key Competitors-Gas Turbines

• Global
• SIEMENS
• GE
• MHI
• SOLAR TURBINES
• ANSALDO ENERGIA
• BAKER HUGHES
• ETHOS ENERGY
• MTU
• SULZER
• CHROMALLOY
• North America
• GE VERNOVA
• SIEMENS
• MHI
• SOLAR TURBINES
• BAKER HUGHES
• MTU
• SULZER
• CHROMALLOY
• Europe
• SIEMENS
• GE VERNOVA
• MHI
• BAKER HUGHES
• MTU
• SOLAR TURBINES
• SULZER
• ETHOS ENERGY
• CHROMALLOY
• Asia-Pacific
• SIEMENS
• GE VERNOVA
• BHEL
• SULZER
• ETHOS ENERGY
• Chroamalloy
• MHI
• Latin America
• GE VERNOVA
• SIEMENS
• SOLAR TURBINES
• ETHOS ENERGY
• SULZER

Growth Drivers

• Leading market participants in the gas turbine market and steam turbine service market are reducing the need to store spares in-house and focusing on core activities. This includes reducing the upfront cost of buying spares and moving to just-in-time inventory management.
• Increasing government regulations are demanding emissions management and the lowering of emissions across the oil & gas and industrial segments. This drives demand for equipment upgrades and the deployment of larger-scale gas turbines and steam turbines that can handle hydrogen and alternative fuels in the steam turbine service market. This increases service demand for next-generation equipment and emissions-based contracting for service contracts in the future, as well as the training of existing staff to handle new energy solutions.
• Increasing the life span and overhaul times of equipment in the gas turbine market and steam turbine service market are becoming key metrics for driving efficiency. This leads to the deployment of digital technologies to track various data points as well as a move towards performance-based contracting.
• Companies are moving to reduce downtime and increase the operational time of equipment by using digital technologies that can detect and preempt equipment failure. This will lead to separate digital service contracts for digital solutions as a part of the LTSA in the steam turbine service market.
• The increased availability of natural gas will drive higher investment levels for new equipment in the gas turbine market, above the lower levels seen between 2015 and 2022.
• The growth in demand from data centers is driving new equipment sales for medium-sized industrial turbines (30 MW to 40 MW), with sales possible at a utility scale to meet power requirements in the steam turbine service market.

Growth Restraints

• The reluctance of customers to share operational information with vendors in the steam turbine service market leads to challenges in large-scale system adoption. Data security is seen as crucial; hence, companies are wary of outsourcing data-related activities to third-party vendors in the gas turbine market.
• Reduced oil & gas prices slow down the adoption of new technologies and service methods in the gas turbine market. Companies are reluctant to try out new technologies and are sticking to traditional equipment upgrades, maintenance, and spare parts inventory to extend equipment life in the steam turbine service market.
• Legacy system issues keep companies from increasing servicing spend. The presence of several new players in the developing world reduces pricing, affecting overall market spend in the gas turbine market.
• The change of administration in the United States can lead to a relaxation of rules around emissions requirements. This could result in lower demand for emissions reduction service propositions within the steam turbine service market.

Table of Contents

Strategic Imperatives

• Why is it Increasingly Difficult to Grow?
• The Strategic Imperative
• The Impact of the Top 3 Strategic Imperatives on the Turbine Services Industry
• Growth Opportunities Fuel the Growth Pipeline Engine

Growth Opportunity Analysis

• Key Findings
• Scope of Analysis
• Geographical Scope
• Competitive Environment-Gas Turbine Services
• Competitive Environment-Steam Turbine Services
• Key Competitors-Gas Turbines
• Distribution Channels-Gas Turbine Services
• Key Competitors-Steam Turbines
• Distribution Channels-Steam Turbine Services
• Growth Drivers
• Growth Restraints

Growth Generator

• Growth Metrics
• Forecast Considerations
• Turbine Services-Revenue Forecast
• Turbine Services-Spare Parts
• Turbine Services-Maintenance and Services
• Turbine Services-Digital Technologies
• Turbine Services-Upgrades
• Turbine Services-Operations

Growth Generator Gas Turbine Services

• Growth Metrics
• Turbine Services-Revenue Forecast
• Percent Revenue by Industry Vertical
• Revenue Forecast by Industry Vertical
• Revenue Forecast by Service Vertical
• Revenue Forecast Analysis
• Revenue Forecast by Region
• Regional Analysis
• Revenue Share
• Revenue Share Analysis

Growth Generator Steam Turbine Services

• Growth Metrics
• Turbine Services-Revenue Forecast
• Percent Revenue by Industry Vertical
• Revenue Forecast by Industry Vertical
• Revenue Forecast by Service Vertical
• Revenue Forecast Analysis
• Revenue Forecast by Region
• Regional Analysis
• Revenue Share
• Revenue Share Analysis

Competitive Market Analysis

• Company Overview-Siemens Energy
• Company Overview-GE Vernova
• Company Overview-Baker Hughes
• Company Overview-Solar Turbines
• Company Overview-MHI
• Company Overview-Ethos Energy
• Company Overview-Sulzer

Growth Opportunity Universe

• Growth Opportunity 1: New Technology Development
• Growth Opportunity 2: Partnerships, Mergers, and Acquisitions
• Growth Opportunity 3: Spare Parts and Cybersecurity

Next Steps

• Benefits and Impacts of Growth Opportunities
• Next Steps
• List of Exhibits
• Legal Disclaimer