What is the current size of steam turbine market?

Precedence Research Predicts, the steam turbine market size was reached at USD 23 billion in 2022 and is anticipated to surpass over USD 29.58 billion by 2032. Read More

What is the growth rate of global steam turbine market?

The steam turbine market is growing at a CAGR of 2.60% from 2023 to 2032. Read More

Which are the driving factors of the steam turbine market?

In a thermal power plant, the steam turbine is an important component. The rise in the deployment of combined cycle power plants is predicted to be a key driver of the steam turbine market growth. Read More

Who are the leading players operating in the global steam turbine market?

The leading players operating in the global steam turbine market are Toshiba Corporation, Fuji Electric Co. Ltd, Istom SA, Mitsubishi Hitachi Power Systems, Siemens AG, Man Diesel & Turbo SE, Bharat Heavy Electricals Ltd., Doosan Skoda Power, Kawasaki Heavy Industries, Ansaldo Energia. Read More

Which region will lead the global steam turbine market?

Europe is the largest segment for steam turbine market in terms of region. Europe is expected to see stagnant growth, owing to a shift in focus from traditional to cleaner and renewable energy sources. Read More

Which region hit fastest growth in the steam turbine market?

Asia-Pacific region is the fastest growing region in the steam turbine market. In the region, there is a growing demand for electricity. Read More

Steam Turbine Market Size, Share, and Trends 2024 to 2034

Steam Turbine Market (By Design: Reaction and Impulse; By Exhaust: Condensing and Non-condensing; By Fuel: Fossil Fuel, Biomass, and Geothermal; By End Use: Industrial and Utility; By Technology: Steam Cycle, Combined Cycle, and Cogeneration) - Global Industry Analysis, Size, Share, Growth, Trends, Regional Outlook, and Forecast 2023 – 2032

Last Updated : October 2023
Report Code : 1496
Category : Machinery and Equipment

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on Steam Turbine Market

5.1. COVID-19 Landscape: Steam Turbine Industry Impact

5.2. COVID 19 - Impact Assessment for the Industry

5.3. COVID 19 Impact: Global Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

Chapter 6. Market Dynamics Analysis and Trends

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

Chapter 8. Global Steam Turbine Market, By Design Type

8.1. Steam Turbine Market, by Design Type, 2023-2032

8.1.1. Reaction

8.1.1.1. Market Revenue and Forecast (2020-2032)

8.1.2. Impulse

8.1.2.1. Market Revenue and Forecast (2020-2032)

Chapter 9. Global Steam Turbine Market, By Exhaust Type

9.1. Steam Turbine Market, by Exhaust Type, 2023-2032

9.1.1. Condensing

9.1.1.1. Market Revenue and Forecast (2020-2032)

9.1.2. Non-condensing

9.1.2.1. Market Revenue and Forecast (2020-2032)

Chapter 10. Global Steam Turbine Market, By Technology Type

10.1. Steam Turbine Market, by Technology Type, 2023-2032

10.1.1. Steam Cycle

10.1.1.1. Market Revenue and Forecast (2020-2032)

10.1.2. Combined Cycle

10.1.2.1. Market Revenue and Forecast (2020-2032)

10.1.3. Cogeneration

10.1.3.1. Market Revenue and Forecast (2020-2032)

Chapter 11. Global Steam Turbine Market, By Fuel Type

11.1. Steam Turbine Market, by Fuel Type, 2023-2032

11.1.1. Fossil Fuel

11.1.1.1. Market Revenue and Forecast (2020-2032)

11.1.2. Biomass

11.1.2.1. Market Revenue and Forecast (2020-2032)

11.1.3. Geothermal

11.1.3.1. Market Revenue and Forecast (2020-2032)

Chapter 12. Global Steam Turbine Market, By End Use Type

12.1. Steam Turbine Market, by End Use, 2023-2032

12.1.1. Industrial

12.1.1.1. Market Revenue and Forecast (2020-2032)

12.1.2. Utility

12.1.2.1. Market Revenue and Forecast (2020-2032)

Chapter 13. Global Steam Turbine Market, Regional Estimates and Trend Forecast

13.1. North America

13.1.1. Market Revenue and Forecast, by Design (2020-2032)

13.1.2. Market Revenue and Forecast, by Exhaust (2020-2032)

13.1.3. Market Revenue and Forecast, by Technology (2020-2032)

13.1.4. Market Revenue and Forecast, by Fuel (2020-2032)

13.1.5. Market Revenue and Forecast, by End Use (2020-2032)

13.1.6. U.S.

13.1.6.1. Market Revenue and Forecast, by Design (2020-2032)

13.1.6.2. Market Revenue and Forecast, by Exhaust (2020-2032)

13.1.6.3. Market Revenue and Forecast, by Technology (2020-2032)

13.1.6.4. Market Revenue and Forecast, by Fuel (2020-2032)

13.1.7. Market Revenue and Forecast, by End Use (2020-2032)

13.1.8. Rest of North America

13.1.8.1. Market Revenue and Forecast, by Design (2020-2032)

13.1.8.2. Market Revenue and Forecast, by Exhaust (2020-2032)

13.1.8.3. Market Revenue and Forecast, by Technology (2020-2032)

13.1.8.4. Market Revenue and Forecast, by Fuel (2020-2032)

13.1.8.5. Market Revenue and Forecast, by End Use (2020-2032)

13.2. Europe

13.2.1. Market Revenue and Forecast, by Design (2020-2032)

13.2.2. Market Revenue and Forecast, by Exhaust (2020-2032)

13.2.3. Market Revenue and Forecast, by Technology (2020-2032)

13.2.4. Market Revenue and Forecast, by Fuel (2020-2032)

13.2.5. Market Revenue and Forecast, by End Use (2020-2032)

13.2.6. UK

13.2.6.1. Market Revenue and Forecast, by Design (2020-2032)

13.2.6.2. Market Revenue and Forecast, by Exhaust (2020-2032)

13.2.6.3. Market Revenue and Forecast, by Technology (2020-2032)

13.2.7. Market Revenue and Forecast, by Fuel (2020-2032)

13.2.8. Market Revenue and Forecast, by End Use (2020-2032)

13.2.9. Germany

13.2.9.1. Market Revenue and Forecast, by Design (2020-2032)

13.2.9.2. Market Revenue and Forecast, by Exhaust (2020-2032)

13.2.9.3. Market Revenue and Forecast, by Technology (2020-2032)

13.2.10. Market Revenue and Forecast, by Fuel (2020-2032)

13.2.11. Market Revenue and Forecast, by End Use (2020-2032)

13.2.12. France

13.2.12.1. Market Revenue and Forecast, by Design (2020-2032)

13.2.12.2. Market Revenue and Forecast, by Exhaust (2020-2032)

13.2.12.3. Market Revenue and Forecast, by Technology (2020-2032)

13.2.12.4. Market Revenue and Forecast, by Fuel (2020-2032)

13.2.13. Market Revenue and Forecast, by End Use (2020-2032)

13.2.14. Rest of Europe

13.2.14.1. Market Revenue and Forecast, by Design (2020-2032)

13.2.14.2. Market Revenue and Forecast, by Exhaust (2020-2032)

13.2.14.3. Market Revenue and Forecast, by Technology (2020-2032)

13.2.14.4. Market Revenue and Forecast, by Fuel (2020-2032)

13.2.15. Market Revenue and Forecast, by End Use (2020-2032)

13.3. APAC

13.3.1. Market Revenue and Forecast, by Design (2020-2032)

13.3.2. Market Revenue and Forecast, by Exhaust (2020-2032)

13.3.3. Market Revenue and Forecast, by Technology (2020-2032)

13.3.4. Market Revenue and Forecast, by Fuel (2020-2032)

13.3.5. Market Revenue and Forecast, by End Use (2020-2032)

13.3.6. India

13.3.6.1. Market Revenue and Forecast, by Design (2020-2032)

13.3.6.2. Market Revenue and Forecast, by Exhaust (2020-2032)

13.3.6.3. Market Revenue and Forecast, by Technology (2020-2032)

13.3.6.4. Market Revenue and Forecast, by Fuel (2020-2032)

13.3.7. Market Revenue and Forecast, by End Use (2020-2032)

13.3.8. China

13.3.8.1. Market Revenue and Forecast, by Design (2020-2032)

13.3.8.2. Market Revenue and Forecast, by Exhaust (2020-2032)

13.3.8.3. Market Revenue and Forecast, by Technology (2020-2032)

13.3.8.4. Market Revenue and Forecast, by Fuel (2020-2032)

13.3.9. Market Revenue and Forecast, by End Use (2020-2032)

13.3.10. Japan

13.3.10.1. Market Revenue and Forecast, by Design (2020-2032)

13.3.10.2. Market Revenue and Forecast, by Exhaust (2020-2032)

13.3.10.3. Market Revenue and Forecast, by Technology (2020-2032)

13.3.10.4. Market Revenue and Forecast, by Fuel (2020-2032)

13.3.10.5. Market Revenue and Forecast, by End Use (2020-2032)

13.3.11. Rest of APAC

13.3.11.1. Market Revenue and Forecast, by Design (2020-2032)

13.3.11.2. Market Revenue and Forecast, by Exhaust (2020-2032)

13.3.11.3. Market Revenue and Forecast, by Technology (2020-2032)

13.3.11.4. Market Revenue and Forecast, by Fuel (2020-2032)

13.3.11.5. Market Revenue and Forecast, by End Use (2020-2032)

13.4. MEA

13.4.1. Market Revenue and Forecast, by Design (2020-2032)

13.4.2. Market Revenue and Forecast, by Exhaust (2020-2032)

13.4.3. Market Revenue and Forecast, by Technology (2020-2032)

13.4.4. Market Revenue and Forecast, by Fuel (2020-2032)

13.4.5. Market Revenue and Forecast, by End Use (2020-2032)

13.4.6. GCC

13.4.6.1. Market Revenue and Forecast, by Design (2020-2032)

13.4.6.2. Market Revenue and Forecast, by Exhaust (2020-2032)

13.4.6.3. Market Revenue and Forecast, by Technology (2020-2032)

13.4.6.4. Market Revenue and Forecast, by Fuel (2020-2032)

13.4.7. Market Revenue and Forecast, by End Use (2020-2032)

13.4.8. North Africa

13.4.8.1. Market Revenue and Forecast, by Design (2020-2032)

13.4.8.2. Market Revenue and Forecast, by Exhaust (2020-2032)

13.4.8.3. Market Revenue and Forecast, by Technology (2020-2032)

13.4.8.4. Market Revenue and Forecast, by Fuel (2020-2032)

13.4.9. Market Revenue and Forecast, by End Use (2020-2032)

13.4.10. South Africa

13.4.10.1. Market Revenue and Forecast, by Design (2020-2032)

13.4.10.2. Market Revenue and Forecast, by Exhaust (2020-2032)

13.4.10.3. Market Revenue and Forecast, by Technology (2020-2032)

13.4.10.4. Market Revenue and Forecast, by Fuel (2020-2032)

13.4.10.5. Market Revenue and Forecast, by End Use (2020-2032)

13.4.11. Rest of MEA

13.4.11.1. Market Revenue and Forecast, by Design (2020-2032)

13.4.11.2. Market Revenue and Forecast, by Exhaust (2020-2032)

13.4.11.3. Market Revenue and Forecast, by Technology (2020-2032)

13.4.11.4. Market Revenue and Forecast, by Fuel (2020-2032)

13.4.11.5. Market Revenue and Forecast, by End Use (2020-2032)

13.5. Latin America

13.5.1. Market Revenue and Forecast, by Design (2020-2032)

13.5.2. Market Revenue and Forecast, by Exhaust (2020-2032)

13.5.3. Market Revenue and Forecast, by Technology (2020-2032)

13.5.4. Market Revenue and Forecast, by Fuel (2020-2032)

13.5.5. Market Revenue and Forecast, by End Use (2020-2032)

13.5.6. Brazil

13.5.6.1. Market Revenue and Forecast, by Design (2020-2032)

13.5.6.2. Market Revenue and Forecast, by Exhaust (2020-2032)

13.5.6.3. Market Revenue and Forecast, by Technology (2020-2032)

13.5.6.4. Market Revenue and Forecast, by Fuel (2020-2032)

13.5.7. Market Revenue and Forecast, by End Use (2020-2032)

13.5.8. Rest of LATAM

13.5.8.1. Market Revenue and Forecast, by Design (2020-2032)

13.5.8.2. Market Revenue and Forecast, by Exhaust (2020-2032)

13.5.8.3. Market Revenue and Forecast, by Technology (2020-2032)

13.5.8.4. Market Revenue and Forecast, by Fuel (2020-2032)

13.5.8.5. Market Revenue and Forecast, by End Use (2020-2032)

Chapter 14. Company Profiles

14.1. Toshiba Corporation

14.1.1. Company Overview

14.1.2. Product Offerings

14.1.3. Financial Performance

14.1.4. Recent Initiatives

14.2. Fuji Electric Co. Ltd

14.2.1. Company Overview

14.2.2. Product Offerings

14.2.3. Financial Performance

14.2.4. Recent Initiatives

14.3. Istom SA

14.3.1. Company Overview

14.3.2. Product Offerings

14.3.3. Financial Performance

14.3.4. Recent Initiatives

14.4. Mitsubishi Hitachi Power Systems

14.4.1. Company Overview

14.4.2. Product Offerings

14.4.3. Financial Performance

14.4.4. Recent Initiatives

14.5. Siemens AG

14.5.1. Company Overview

14.5.2. Product Offerings

14.5.3. Financial Performance

14.5.4. Recent Initiatives

14.6. Man Diesel & Turbo SE

14.6.1. Company Overview

14.6.2. Product Offerings

14.6.3. Financial Performance

14.6.4. Recent Initiatives

14.7. Bharat Heavy Electricals Ltd.

14.7.1. Company Overview

14.7.2. Product Offerings

14.7.3. Financial Performance

14.7.4. Recent Initiatives

14.8. Doosan Skoda Power

14.8.1. Company Overview

14.8.2. Product Offerings

14.8.3. Financial Performance

14.8.4. Recent Initiatives

14.9. Kawasaki Heavy Industries

14.9.1. Company Overview

14.9.2. Product Offerings

14.9.3. Financial Performance

14.9.4. Recent Initiatives

14.10. Ansaldo Energia

14.10.1. Company Overview

14.10.2. Product Offerings

14.10.3. Financial Performance

14.10.4. Recent Initiatives

Chapter 15. Research Methodology

15.1. Primary Research

15.2. Secondary Research

15.3. Assumptions

Chapter 16. Appendix

16.1. About Us

16.2. Glossary of Terms

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Steam Turbine Market Size to Hit USD 29.58 Billion by 2032

List of Contents