Global Steam Turbine MRO Market has valued at USD 19.08 billion in 2022 and is anticipated to project robust growth in the forecast period with a CAGR of 5.19% through 2028. The Steam Turbine MRO (Maintenance, Repair, and Overhaul) market is a specialized sector within the broader energy and power generation industry. It encompasses a range of services and activities focused on ensuring the continuous and reliable operation of steam turbines, which are critical components in various types of power plants, including coal, nuclear, and combined-cycle facilities.
Key Market Players
Siemens Energy AG
General Electric Company
Mitsubishi Power, Ltd.
Ansaldo Energia S.p.A.
Toshiba Energy Systems & Solutions Corporation
Doosan Heavy Industries & Construction Co. Ltd.