Competition for Business Intensifies: OEMs go head to head with independent service providers - new entrants target profitable gas turbine markets

摘要

The battle for supremacy rages on in the gas turbine servicing, maintenance and repair sector with independent providers and original equipment manufacturers vying for business. According to some industry observers, service markets in the power generation equipment sectors are contributing to increased growth potential for turbine manufacturers. They further add that the growing services markets, particularly in the gas turbines arena, will offer enhanced scope to service providers, as profit margins reportedly outpace those in the new equipment business. This finding was revealed in a recent end-user study based on primary research among nearly 200 power plant managers, as well as operations and maintenance managers. The analysis focused on the maintenance repair and overhaul requirements/strategies of utility and independent power plants in western Europe and was carried out by consulting company Frost & Sullivan.