North American Power Plant
Services Markets
Changing Operation Philosophies and Outdated
Service Agreements Impair Pace of Growth of
Power Plant Services
“Overcapacity, the Enron scandal, and rising gas prices have effected a revamp
in the operation and maintenance (O&M) paradigm of both old and new power
plants in North America.”
Energy and Power Generation Analyst Team
Frost & Sullivan
Industry Trends
• Upheaval in the U.S power sector has created uncertainty
regarding existing contracts and signing of new service
agreements
• Large number of plant owners have postponed annual
outages during 2002, citing economic down turn and
depressed electricity prices as reasons
• With the demand for new power plants drying up, all the
original equipment manufacturers (OEM) are increasingly
focusing on the service market as the major source of
revenue, thus increasing its competition
Industry Trends (Cont’d)
• While the utilities and public power producers are warming up
to the idea of large scale outsourcing of plant services, certain
segment of industrial end-users are still averse to losing
operational control of power generation assets
• Large independents such as the Wood Group and Hickham
are emerging as a major competition to the OEMs both in
supply of spares and services
• The utility affiliated service companies including Edison O&M,
LG&E, Sempra Energy Solutions and Connectiv Operating
Services are increasingly entering the full O&M market
Key Features
Frost & Sullivan provides:
• Drivers, restraints, and industry challenges
• Market sizing
• Revenue forecasts
• Demand analysis by geographic region
• Market trends by customer type
• Pricing strategy
• Competitive analysis
• Product life cycle analysis
• Strategic recommendations
What We Offer
• In-depth coverage of both U.S. and Canadian markets
• Proven methodology encompassing extensive primary
and secondary data and research
• Focused information and strategies that cover business
and technology issues
• Credible data and analysis highlighting industry dynamics
• Winning strategies to help you create precise business
plans
Who Will Benefit?
Current Market Participants
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Find out how large the North American power plant services
markets are
Find out how you compare to the competition
Assess current and future drivers and restraints
Determine and exploit new market opportunities
Find out the market size and service potential for major
equipment such as boilers, steam turbines and gas turbines
New Entrants
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Analyze challenges associated with the industry
Look out for possible alliance or acquisition targets
Who Will Benefit? (Cont’d)
OEMs
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Find out which competitors are getting involved in the services
market
Understand the demand for services by plant type and size
Investment Community
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Determine which participants will outperform the competition
Assess what investment is justified into the services sector
Power Plant Owners
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Determine which vendors are active in the market and who are
possible new entrants
Understand the cost level of service activities
Learn about technological and other market trends
What’s Included
• Maintenance, repair and overhaul for boilers, combustion
• Turbines and steam turbines
• Full O&M market prospects for steam turbine and gas turbine
power plants
• Contract analysis
• Pricing strategy
• Competitive analysis and market share of top participants
• Strategic recommendations
Key Market Participants
AEP Pro Serv, Inc.
ALSTOM Canada, Inc.
ALSTOM Power
Ansaldo Energy, Inc.
Babcock Borsig Power, Inc.
Babcock & Wilcox Canada Ltd.
Babcock & Wilcox Co. / McDermott
International
Baker Energy Services/ Michael Baker Corp.
Conectiv Operating Services Co. (COSC)
Edison O&M Services
Entergy Operational Services, Inc.
Foster Wheeler Ltd.
GE Power Systems
Generator and Motor Services, Inc. (GMS)
Hickham Industries, Inc.
Hitachi America Ltd. / Sulzer Turbomachinery
Services
Industrial Repair Service, Inc.
Irwin Industries
Lockerbie & Hole, Inc.
Lovegreen Turbine Services, Inc.
Mechanical Dynamics and Analysis LLC
Mitsubishi Power Systems, Inc.
Mitsui Babcock Energy Ltd.
National Electric Coil (NEC)
North American Energy Services
PIC Energy Group
Primesouth, Inc.
ReGENco LLC
Rolls-Royce Corp.
S & S Turbine Services Ltd.
Siemens Westinghouse Power Corp.
STORK H&E Turbo Blading, Inc.
Triumph Gas Turbine Services Group
Turbine Generator Maintenance, Inc.
Turbine Resources Unlimited, Inc.
Turbine Technology Service Corp.
UTC Power/Pratt & Whitney Power
Systems
VA Tech America Corp.
Wartsila Operations, Inc.
Wood Group Power, Inc.
For More Information
• Call toll free 877 GO FROST
(877.463.7876)
• Fax toll free 888.690.3329
• E-mail myfrost@frost.com
• Visit www.frost.com