Energy and Power

Power Plant Services Market in the APAC Region 2015-2019

  • TEC170931
  • 69 Pages
  • January 2015
  • Energy and Power
About Power Plant Service
Many countries in the APAC region are highly dependent on thermal power plants for their base electricity demand due to the abundance of coal reserve in this region. Thermal power plant is popular in this region with high availability of coal. Service and maintenance for thermal power plants is highly capital intensive as it requires highly skilled workforce, technical know-how, and related support infrastructure. Various types of service include MRO, O&M, and testing. Testing can be categorized into the following: periodic inspection and testing, regular maintenance, preventive maintenance, repair and replacement of plant components, and certification and quality testing.

TechNavio's analysts forecast the Power Plant Service market in the APAC region to grow at a CAGR of 10 percent over the period 2014-2019.

Covered in this Report
The report covers the present scenario and the growth prospects of the Power Plant Service market in the APAC region for the period 2015-2019. The Power Plant Service market in the APAC region is segmented based on the following criteria: service providers and type of service.
TechNavio's report, the Power Plant Service Market in APAC Region 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report includes a discussion of the key vendors operating in this market.

Key Vendors
Alstom
GE
Mitsubishi Heavy Industries
Siemens
TNB Remaco

Other Prominent Vendors
Gujarat Industries Power
PPSVCS
S.R. Turbo Energy
Transfield Services
Toshiba
Vasavi Power Service
WorleyParsons

Market Driver
Aging Power Infrastructure
For a full, detailed list, view our report

Market Challenge
Low Rate of Replacement of Power Plant Equipment
For a full, detailed list, view our report

Market Trend
Increased Investment by OEMs
For a full, detailed list, view our report

Key Questions Answered in this Report
What will the market size be in 2019 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
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