Air-Cooled Turbine Generator market

United States Air-Cooled Turbine Generator Market Research Report 2024-2030

  • 19 October 2024
  • Energy and Natural Resources
  • 205 Pages
  • Report code : PMR-8013453

  • 4.7 (158)

Air-Cooled Turbine Generator Market

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The United States Air-Cooled Turbine Generator market size was valued at US$ 721.5 million in 2024 and is projected to reach US$ 962.8 million by 2030, at a CAGR of 4.9% during the forecast period 2024-2030.

Air-Cooled Turbine Generators are power generation systems that use air as a cooling medium for the generator, offering advantages in water-scarce regions and reducing overall plant complexity.

The US Air-Cooled Turbine Generator market is experiencing steady growth, driven by increasing demand for flexible and efficient power generation solutions. In 2023, total installed capacity reached 15.2 GW, with combined cycle power plants accounting for 55% of market value. The market saw a 12% increase in orders for air-cooled generators in 2023, particularly in regions facing water scarcity issues. Retrofitting of existing steam turbine plants with air-cooled systems is growing at 7% annually. The market is witnessing a trend towards higher efficiency designs, with a 20% year-over-year increase in R&D investments for advanced cooling technologies. Adoption of air-cooled generators in distributed generation projects grew by 18% in 2023. Leading manufacturers are focusing on developing hybrid air-water cooling systems, with a 25% increase in pilot installations for optimized performance across various climatic conditions. The industry is also seeing increased integration with renewable energy sources, with a 30% rise in projects combining air-cooled generators with solar thermal power plants.

Air-Cooled Turbine Generator Market contains market size and forecasts of Air-Cooled Turbine Generator in United States, including the following market information:

•    United States Air-Cooled Turbine Generator Market Revenue, 2019-2024, 2024-2030, ($ millions)

•    United States Air-Cooled Turbine Generator Market Sales, 2019-2024, 2024-2030,

•    United States Top five Air-Cooled Turbine Generator companies in 2023 (%)

Report Includes

Air-Cooled Turbine Generator Market presents an overview of United States market for Air-Cooled Turbine Generator , sales, revenue and price. Analyses of the United States market trends, with historic market revenue/sales data for 2019 - 2023, estimates for 2024, and projections of CAGR through 2030.

Air-Cooled Turbine Generator Market focuses on the Air-Cooled Turbine Generator sales, revenue, market share and industry ranking of main manufacturers, data from 2019 to 2024. Identification of the major stakeholders in the United States Air-Cooled Turbine Generator market, and analysis of their competitive landscape and market positioning based on recent developments and segmental revenues.

Air-Cooled Turbine Generator Market will help stakeholders to understand the competitive landscape and gain more insights and position their businesses and market strategies in a better way.

Air-Cooled Turbine Generator Market analyzes the segments data by Type, and by Sales Channels, sales, revenue, and price, from 2019 to 2030. Evaluation and forecast the market size for Humidifier sales, projected growth trends, production technology, sales channels and end-user industry.

Segment by Type

•    Below 100 MW

•    100-200 MW

•    Over 200 MW

Segment by Applications

•    Coal Power Plants

•    Gas Power Plants

Key Companies covered in Air-Cooled Turbine Generator Market :

•    General Electric

•    Siemens Energy

•    Mitsubishi Power Americas, Inc.

•    ABB Ltd.

•    Hitachi Ltd.

•    Toshiba America Energy Systems Corporation

•    Caterpillar Inc.

•    Cummins Inc.

•    Rolls-Royce Power Systems AG

•    W

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