Europe Gas Turbine Services market

Synopsis
The above chart is Global Gas Turbine Services market [2015-2023] by Europe

Market Dynamics

Germany accounted for the largest market share in 2017 in the europe gas turbine services market, and is expected to reach usd 1813.40 million in 2023 from usd 1348.50 million in 2017.this market is projected to grow at a cagr of 5.16% 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 3137.90 million in 2023 from usd 2381.80 million in 2017. this market is projected to grow at a cagr of 4.80% during the forecast period from 2018 - 2023. however, aeroderivative segment is the fastest growing market, which is expected to grow at a cagr of 5.65% 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 3292.40 million in 2023 from usd 2452.50 million in 2017. this market is projected to grow at a cagr of 5.12% 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 5.12% during the forecast period 2018 - 2023. power generation segment accounted for the largest market share in 2017, this market is expected to reach usd 2853.10 million in 2023 from usd 2125.10 million in 2017. this market is projected to grow at a cagr of 5.13% during the forecast period from 2018 - 2023. however, power generation segment is the fastest growing market, which is expected to grow at a cagr of 5.13% during the forecast period 2018 - 2023.