MRO - Industry-Specific Maintenance Services · Indirect
Monitoring · monthly
Procurement Category Intelligence

Power Plant MRO - Gas Turbine Major Outage

Overview
Market size
$15.6B
global, USD
CAGR
5.6%
base to forecast
Buyer power
-2.4
supplier-favoured
Suppliers
6
tracked players
Signals
12
6 high severity

Market outlook

2031$20.5B

What changed

Demand by region

North America demand35%
Asia Pacific demand30%
Europe demand20%
Middle East and Africa demand10%
Rest of world demand5%
share of global demandtotal 100%

Cost drivers

OEM proprietary replacement parts and components45%
Highly skilled engineering and specialized labor25%
Advanced specialized tooling and testing equipment mobilize15%
Logistics, heavy transport, and rig rigging10%
Consumables, specialized coatings, and lubricants5%
share of delivered cost (analyst estimate)

Supplier watchlist

6 tracked