Steam Turbine market

Steam Turbine Market - Global Outlook and Forecast 2022-2028

  • 24 January 2022
  • Machines
  • 119 Pages
  • Report code : PMR-6797470

  • 4.7 (158)

Steam Turbine Market

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Steam Turbine is a device that extracts thermal energy from pressurized steam and uses it to do mechanical work on a rotating output shaft.

Steam Turbine Market 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

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  • Revenue ForecastsRevenue Forecasts
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