Charts & Stats

Global Gas Turbine Services market [2015-2023] North America by End-Use

By End-Use, the market is segmented into North America, United States, Canada, and Mexico (2015-2023)

Author: Wantstats Research TeamSource: Wantstats Repository
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Global Gas Turbine Services market [2015-2023] North America by End-Use — full underlying data
LabelNorth AmericaUnited StatesCanadaMexico
20155579.5 USD Mn3456.7 USD Mn1323.9 USD Mn798.9 USD Mn
20165839.8 USD Mn3627.1 USD Mn1380.5 USD Mn832.2 USD Mn
20176114.9 USD Mn3807.5 USD Mn1440.2 USD Mn867.2 USD Mn
20186416.6 USD Mn4005.3 USD Mn1505.7 USD Mn905.6 USD Mn
20196746.3 USD Mn4221.6 USD Mn1577.2 USD Mn947.5 USD Mn
20207099.1 USD Mn4453.3 USD Mn1653.6 USD Mn992.2 USD Mn
20217503.3 USD Mn4718.3 USD Mn1741.3 USD Mn1043.7 USD Mn
20227931.8 USD Mn4999.9 USD Mn1833.9 USD Mn1097.9 USD Mn
20238386 USD Mn5298.9 USD Mn1931.8 USD Mn1155.2 USD Mn

Data Source: Wantstats Repository

Wantstats

Market Dynamics

United States accounted for the largest market share in 2017 in the North America gas turbine services market , and is expected to reach USD 5298.90 Million in 2023 from USD 3807.50 Million in 2017.This market is projected to grow at a CAGR of 5.76% during the forecast period from 2018 - 2023. heavy duty segment accounted for the largest market share in 2017, this market is expected to reach USD 4333.40 Million in 2023 from USD 3197.70 Million in 2017. This market is projected to grow at a CAGR of 5.29% during the forecast period from 2018 - 2023. However, aeroderivative segment is the fastest growing market, which is expected to grow at a CAGR of 6.09% during the forecast period 2018 - 2023. maintenance and repair segment accounted for the largest market share in 2017, this market is expected to reach USD 4169.90 Million in 2023 from USD 3011.80 Million in 2017. This market is projected to grow at a CAGR of 5.67% during the forecast period from 2018 - 2023.

However, maintenance and repair segment is the fastest growing market, which is expected to grow at a CAGR of 5.67% during the forecast period 2018 - 2023. power generation segment accounted for the largest market share in 2017, this market is expected to reach USD 4642.60 Million in 2023 from USD 3373.90 Million in 2017. This market is projected to grow at a CAGR of 5.56% during the forecast period from 2018 - 2023. However, oil and gas segment is the fastest growing market, which is expected to grow at a CAGR of 5.66% during the forecast period 2018 - 2023.

Research Methodology

Figures reflect Wantstats’ original market research and forecasting models, compiled as part of the Wantstats research archive and published in 2023.

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Noah Malgeri
Noah Malgeri

Co-Founder, Mojave Rail Fabrication Limited

This is really good guys. Excellent work on a tight deadline. I will continue to use you going forward and recommend you to others. Nice job.
Michael Robert

Manager, JavolVision

Thanks, I am so happy that we worked together. Maybe we still can work together in the future.
Joseph Aguayo
Joseph Aguayo

Sales Operations & Pricing Manager, Intel

Thanks. It's been a pleasure working with you, please use me as reference with any other Intel employees.
Bong Lau

Sales Leader, Bamberg

We bought your "2025 report" in 2020. Everything is fine and very good.
Peter Groot Koerkamp
Peter Groot Koerkamp

Account and Business Manager, EFS-Holland BV

Thanks for sending the report it gives us a good global view of the Betaïne market.
Younghwan Choi
Younghwan Choi

Senior Retail Manager, LG Chem

We found the report very insightful! we found your research firm very helpful. I'm sending this email to secure our future business.
Mark Irwin

Management Consultant, Level 21

I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.
Rob Kooiker

Group Product Manager HVAC & Fire Protection GMA, Rockwool

I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!
Jason Lee

R&D Director, Seojin

Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.
Akif Moroglu

Strategy & Business Development Director, Dogan Holding

We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.