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The future of the gas turbine maintenance, repair, and overhaul (MRO) market in South Korea, looks good with opportunities in the maintenance service type. The major drivers for market growth are the aging fleet of gas turbines and stringent government regulations on emission control.
A total of 25 figures / charts and 12 tables are provided in this 60-page report to help in your business decisions. Sample figures with some insights are shown below. To learn the scope of, benefits, companies researched and other details of this gas turbine MRO market in the power industry in South Korea report, download the report brochure.
Gas Turbine MRO Market in the Power Industry in South Korea
by Segment: 2014-2025 (US $M) (Randomized Data)
Trends and Forecasts for Gas Turbine MRO Market in the Power
Industry in South Korea: 2014-2025 (US $M) (Randomized Data)
The study includes the size and forecast of the gas turbine MRO market in the power industry in South Korea by end use industry, type of service, type of service provider, and turbine size as follows:
Gas Turbine MRO Market in the Power Industry by End Use Industry [Value ($ Billion) from 2014 to 2025]:
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Electrical Power Utility
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Oil and Gas
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Others
Gas Turbine MRO Market in the Power Industry by Type of Service [Value ($ Billion) from 2014 to 2025]:
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Maintenance
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Repair
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Overhaul
Gas Turbine MRO Market in the Power Industry by Type of Service Provider [Value ($ Billion) from 2014 to 2025]:
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Original Equipment Manufacturers
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Independent Service Providers
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In-House
Gas Turbine MRO Market in the Power Industry by Turbine Size [Value ($ Billion) from 2014 to 2025]:
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1 – 60 MW
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61 – 180 MW
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More than 180 MW
Lucintel forecasts that maintenance will remain the largest segment and witness the highest growth in the forecast period supported by the increasing fleet age of gas turbines in the power industry.
By end use industries, electric power utility is expected to be the largest segment and witness the highest growth during the forecast period. Increasing demand for electricity is the major driving growth for this segment over the forecast period.
Some of the features of “Opportunities for the Gas Turbine MRO Market in the Power Industry in South Korea 2014-2025: Trends, Forecast and Competitive Analysis” include:
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Market size estimates: Gas turbine MRO market in the power industry size estimation in terms of value ($B) shipment.
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Trend and forecast analysis: Market trend (2014-2019) and forecast (2020-2025) by end use industry, type of service, type of service provider, and turbine capacity.
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Segmentation analysis: Gas turbine MRO market in the power industry size by end use industries, type of service (maintenance, repair, and overhaul), service provider (original equipment manufacturers, independent service providers, and in-house), and turbine size (more than 180 MW, 61 – 180 MW, and 1 – 60 MW) in terms of value.
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Growth opportunities: Analysis on growth opportunities in different end use industry, type of service, type of service provider, and turbine capacity of gas turbine MRO market in the power industry.
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Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
This report answers following 7 key questions:
Q.1. How big are the opportunities for the gas turbine MRO market in the power industry in South Korea by end use industries, type of service (maintenance, repair, and overhaul), service provider (original equipment manufacturers, independent service providers, and in-house), and turbine size (more than 180 MW, 61 – 180 MW, and 1 – 60 MW)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. What are the key factors affecting market dynamics? What are the drivers and challenges of the gas turbine MRO market in the power industry?
Q.4. What are the business risks and threats to the gas turbine MRO market in the power industry?
Q.5. What are emerging trends in this gas turbine MRO market in the power industry and the reasons behind them?
Q.6. What are some changing demands of customers in the gas turbine MRO market in the power industry?
Q.7. What are the new developments in the gas turbine MRO market in the power industry and which companies are leading these developments?