Newark, Sept. 04, 2023 (GLOBE NEWSWIRE) — The Brainy Insights estimates that the USD 34.86 billion in 2022 global gas turbine services market will reach USD 79.77 billion by 2032. With a global push towards lowering CO2 emissions, gas turbine services can include solutions for carbon capture, utilization, and storage (CCUS). Service providers can work on technologies to capture and mitigate emissions from gas turbine operations, contributing to sustainable energy solutions. Furthermore, the emergence of hydrogen as a clean energy carrier presents opportunities to adapt gas turbines for hydrogen combustion. Service providers can explore retrofitting and modifications to make gas turbines compatible with hydrogen, enabling cleaner energy generation. Besides, gas turbines can provide grid stability and flexibility, especially when integrated with energy storage systems. Service providers can develop solutions that optimize the interaction between gas turbines and energy storage to support evolving grid requirements.
• Siemens Energy
• Mitsubishi Power Ltd.
• Kawasaki Heavy Industries, Ltd.
• Solar Turbines Inc.
• Ansaldo Energia
• Bharat Heavy Electricals Ltd.
• OPRA Turbines
• Man Energy Solutions
• Centrax Gas Turbines
• Mubadala Investment Company
• ATLA S.r.l.
• Rolls-Royce plc.
• Sulzer AG
• Hitachi Ltd.
• EthosEnergy
• HPI LLC
• Ethosenergy
• MJB International
• Mechanical Dynamics & Analysis
• Proenergy Services LLC
• MTU Aero Engines Ag
• Incorporated Turbine Services and Solutions LLC.
• Overhaul
• Spare Parts Supply
• Heavy Duty
• Industrial
• 100 to 200 MW
• >200 MW
• Non-OEM
• Power Generation
• Oil & Gas
• Marine
• Others
• Europe (Germany, France, the UK, Italy, Spain, Rest of Europe)
• Asia-Pacific (China, Japan, India, Rest of APAC)
• South America (Brazil and the Rest of South America)
• The Middle East and Africa (UAE, South Africa, Rest of MEA)
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(GlobeNewsWire)