Power plant services represent a growing market that offers steady revenues and solid growth, in contrast with the much more cyclical market for new-build power stations. For the developed regions of Europe and North America, the main drivers are ageing power capacities that need replacing and, linked to this, the growing adoption of gas-fired generation. Key drivers in emerging markets are rapid electricity demand growth, and industry privatisation and liberalisation, which in turn drives outsourcing of services. The fastest growing regions will be China, ASEAN and India, with Europe and Japan expected to have the slowest rate of expansion. Services for gas turbines will grow faster than other equipment.
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World Power Plant Services Markets
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World Power Plant Services Markets
Published on December 2011
Report Summary
Power plant services represent a growing market that offers steady revenues and solid growth, in contrast with the much more
cyclical market for new-build power stations. For the developed regions of Europe and North America, the main drivers are ageing
power capacities that need replacing and, linked to this, the growing adoption of gas-fired generation. Key drivers in emerging
markets are rapid electricity demand growth, and industry privatisation and liberalisation, which in turn drives outsourcing of services.
The fastest growing regions will be China, ASEAN and India, with Europe and Japan expected to have the slowest rate of expansion.
Services for gas turbines will grow faster than other equipment.
Table of Content
TABLE OF CONTENTS
Executive Summary 7
Market Overview 11
Definitions 12
Specific Exclusions 15
Key Questions This Study Will Answer 16
Segmentation 17
Market Engineering Measurements 18
Forecasts and Trends'Total Market 19
Power Plant Services Market Revenue Forecast 20
Power Plant Services Market Revenue Forecast by Region 21
Global Prospects 24
Market Growth Correlation with Electricity Consumption 25
Power Plant Services Percent Revenue Forecast by Equipment 26
Revenue Forecast Discussion 42
Gas Turbine Services Technology Curve 44
Competitive Structure 47
Western Europe Power Plant Services Market 48
External Challenges'Drivers and Restraints 49
Forecasts and Trends 55
Central & Eastern Europe Power Plant Services Market 63
External Challenges'Drivers and Restraints 64
Forecasts and Trends 70
Russia Power Plant Services Market 78
External Challenges'Drivers and Restraints 79
Forecasts and Trends 85
Middle East Power Plant Services Market 93
External Challenges'Drivers and Restraints 94
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Forecasts and Trends 100
Africa Power Plant Services Market 108
External Challenges'Drivers and Restraints 109
Forecasts and Trends 115
North America Power Plant Services Market 123
External Challenges'Drivers and Restraints 124
Forecasts and Trends 130
Latin America Power Plant Services Market 138
External Challenges'Drivers and Restraints 139
Forecasts and Trends 145
China Power Plant Services Market 153
External Challenges'Drivers and Restraints 154
Forecasts and Trends 160
India Power Plant Services Market 168
External Challenges'Drivers and Restraints 169
Forecasts and Trends 175
ASEAN Power Plant Services Market 183
External Challenges'Drivers and Restraints 184
Forecasts and Trends 190
Australia & New Zealand Power Plant Services Market 198
External Challenges'Drivers and Restraints 199
Forecasts and Trends 205
Japan Plant Services Market 213
External Challenges'Drivers and Restraints 214
Forecasts and Trends 221
The Last Word 229
Appendix 232
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