Steam Turbine is a device that extracts thermal energy from pressurized steam and uses it to do mechanical work on a rotating output shaft.
This report contains market size and forecasts of Steam Turbine in global, including the following market information:
Global Steam Turbine Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Steam Turbine Market Sales, 2017-2022, 2023-2028, (MW)
Global top five Steam Turbine companies in 2021 (%)
The global Steam Turbine market was valued at 6418.6 million in 2021 and is projected to reach US$ 7092 million by 2028, at a CAGR of 1.4% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Condensing Steam Turbine Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Steam Turbine include GE, Siemens, DEC, Shanghai Electric, HTC, Harbin Turbine Company Limited, MHPS, MAN Power Engineering and Fuji Electric, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Steam Turbine manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Steam Turbine Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (MW)
Global Steam Turbine Market Segment Percentages, by Type, 2021 (%)
Condensing Steam Turbine
Non-Condensing Steam Turbine
Global Steam Turbine Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (MW)
Global Steam Turbine Market Segment Percentages, by Application, 2021 (%)
Power Generation
Industrial
Others
Global Steam Turbine Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (MW)
Global Steam Turbine Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Steam Turbine revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Steam Turbine revenues share in global market, 2021 (%)
Key companies Steam Turbine sales in global market, 2017-2022 (Estimated), (MW)
Key companies Steam Turbine sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
GE
Siemens
DEC
Shanghai Electric
HTC
Harbin Turbine Company Limited
MHPS
MAN Power Engineering
Fuji Electric
Elliott Group
Doosan
Ansaldo Energia
Kawasaki
Power Machines
Toshiba
Ansaldo