Gas Turbine MRO Market in the Power Industry Is Expected to Reach $17.3 Billion by 2023
According to a new market report published by Lucintel, the future of the gas turbine maintenance, repair, and overhaul (MRO) market, looks good with opportunities in the maintenance service type. The global gas turbine MRO market in the power industry is expected to reach an estimated $17.3 billion by 2023 and is forecast to grow at a CAGR of 3.6% from 2018 to 2023. The major drivers for market growth are the aging fleet of gas turbines and stringent government...
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