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With upcoming investments in the Power sector and Process industries the GCC Steam Turbine MRO market is expected to have a moderate growth of 3.8 percent till the forecasted period 2013. As a result of increase in demand of power and petrochemical products there is an increase in installation of Steam turbine which directly increases the need for maintenance and regular service of Steam turbines. The region has to depend on manpower from other parts of the globe for Steam turbine service. Steam turbines, which are technically easier to service compared to Gas turbines are sometimes serviced inhouse by the end users. This results in service providers losing their revenues hence restraining the market growth.
Latin America Gas and Steam Turbines Markets
North American Steam Turbine Markets
North American Gas and Steam Turbine Markets
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