Recent Study: Power Plant Services Market in the APAC Region 2015-2019

New Energy research report from TechNavio is now available from Fast Market Research

[ClickPress, Wed Feb 11 2015] 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.

Full Report Details at

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
* 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 keyMarket 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?

Research methodology is based on extensive primary and secondary research. Primary research includes in-depth interviews with industry experts, vendors, resellers and customers. Secondary research includes Technavio Platform, industry publications, company reports, news articles, analyst reports, trade associations and the data published by Government agencies.

Companies Mentioned in this Report: Alstom, GE, Mitsubishi Heavy Industries, Siemens, TNB Remaco, Gujarat Industries Power, PPSVCS, S.R. Turbo Energy, Transfield Services, Toshiba, Vasavi Power Service, WorleyParsons

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