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Global Condensing Steam Turbine Market Research Report 2025
Synopsis
Condensing steam turbines are most commonly found in thermal power plants. In a condensing steam turbine, the maximum amount of energy is extracted from the steam, because there is very high enthalpy difference between the initial and final conditions of steam
The global Condensing Steam Turbine market was valued at US$ 4947.8 million in 2023 and is anticipated to reach US$ 5346.5 million by 2030, witnessing a CAGR of 1.1% during the forecast period 2024-2030.
Globally, the Condensing Steam Turbine industry market is concentrated as the manufacturing technology of Condensing Steam Turbine is relatively matures than some high-tech equipment. And some enterprises, like GE, Siemens and Mitsubishi Hitachi, etc. are well-known for the wonderful performance of their Condensing Steam Turbine and related services. At the same time, Europe, occupied 39% production market share, is remarkable in the global Condensing Steam Turbine industry because of their market share and technology status of Condensing Steam Turbine.
This report aims to provide a comprehensive presentation of the global market for Condensing Steam Turbine, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Condensing Steam Turbine.
Report Scope
The Condensing Steam Turbine market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Condensing Steam Turbine market comprehensively. Regional market sizes, concerning products by Output, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Condensing Steam Turbine manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Output, by Application, and by regions.
Market Segmentation
By Company
GE
Siemens
Mitsubishi Hitachi
Doosan Skoda Power
Elliott
MAN
Fuji Electric
Kawasaki
HTC
Toshiba
Ansaldo
Power Machines
Segment by Output
Above 300 MW
Below 300 MW
Segment by Application
Industrial
Power Generation
Others
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Output, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Condensing Steam Turbine manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Condensing Steam Turbine by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Condensing Steam Turbine in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Output, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
Condensing steam turbines are most commonly found in thermal power plants. In a condensing steam turbine, the maximum amount of energy is extracted from the steam, because there is very high enthalpy difference between the initial and final conditions of steam
The global Condensing Steam Turbine market was valued at US$ 4947.8 million in 2023 and is anticipated to reach US$ 5346.5 million by 2030, witnessing a CAGR of 1.1% during the forecast period 2024-2030.
Globally, the Condensing Steam Turbine industry market is concentrated as the manufacturing technology of Condensing Steam Turbine is relatively matures than some high-tech equipment. And some enterprises, like GE, Siemens and Mitsubishi Hitachi, etc. are well-known for the wonderful performance of their Condensing Steam Turbine and related services. At the same time, Europe, occupied 39% production market share, is remarkable in the global Condensing Steam Turbine industry because of their market share and technology status of Condensing Steam Turbine.
This report aims to provide a comprehensive presentation of the global market for Condensing Steam Turbine, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Condensing Steam Turbine.
Report Scope
The Condensing Steam Turbine market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Condensing Steam Turbine market comprehensively. Regional market sizes, concerning products by Output, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Condensing Steam Turbine manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Output, by Application, and by regions.
Market Segmentation
By Company
GE
Siemens
Mitsubishi Hitachi
Doosan Skoda Power
Elliott
MAN
Fuji Electric
Kawasaki
HTC
Toshiba
Ansaldo
Power Machines
Segment by Output
Above 300 MW
Below 300 MW
Segment by Application
Industrial
Power Generation
Others
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Output, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Condensing Steam Turbine manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Condensing Steam Turbine by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Condensing Steam Turbine in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Output, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
Index1 Condensing Steam Turbine Market Overview
1.1 Product Definition
1.2 Condensing Steam Turbine Segment by Output
1.2.1 Global Condensing Steam Turbine Market Value Growth Rate Analysis by Output 2023 VS 2030
1.2.2 Above 300 MW
1.2.3 Below 300 MW
1.3 Condensing Steam Turbine Segment by Application
1.3.1 Global Condensing Steam Turbine Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Industrial
1.3.3 Power Generation
1.3.4 Others
1.4 Global Market Growth Prospects
1.4.1 Global Condensing Steam Turbine Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global Condensing Steam Turbine Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global Condensing Steam Turbine Production Estimates and Forecasts (2019-2030)
1.4.4 Global Condensing Steam Turbine Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Condensing Steam Turbine Production Market Share by Manufacturers (2019-2024)
2.2 Global Condensing Steam Turbine Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of Condensing Steam Turbine, Industry Ranking, 2022 VS 2023 VS 2024
2.4 Global Condensing Steam Turbine Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Condensing Steam Turbine Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of Condensing Steam Turbine, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Condensing Steam Turbine, Product Offered and Application
2.8 Global Key Manufacturers of Condensing Steam Turbine, Date of Enter into This Industry
2.9 Condensing Steam Turbine Market Competitive Situation and Trends
2.9.1 Condensing Steam Turbine Market Concentration Rate
2.9.2 Global 5 and 10 Largest Condensing Steam Turbine Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Condensing Steam Turbine Production by Region
3.1 Global Condensing Steam Turbine Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global Condensing Steam Turbine Production Value by Region (2019-2030)
3.2.1 Global Condensing Steam Turbine Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of Condensing Steam Turbine by Region (2025-2030)
3.3 Global Condensing Steam Turbine Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global Condensing Steam Turbine Production by Region (2019-2030)
3.4.1 Global Condensing Steam Turbine Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of Condensing Steam Turbine by Region (2025-2030)
3.5 Global Condensing Steam Turbine Market Price Analysis by Region (2019-2024)
3.6 Global Condensing Steam Turbine Production and Value, Year-over-Year Growth
3.6.1 North America Condensing Steam Turbine Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe Condensing Steam Turbine Production Value Estimates and Forecasts (2019-2030)
3.6.3 China Condensing Steam Turbine Production Value Estimates and Forecasts (2019-2030)
3.6.4 Japan Condensing Steam Turbine Production Value Estimates and Forecasts (2019-2030)
4 Condensing Steam Turbine Consumption by Region
4.1 Global Condensing Steam Turbine Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global Condensing Steam Turbine Consumption by Region (2019-2030)
4.2.1 Global Condensing Steam Turbine Consumption by Region (2019-2024)
4.2.2 Global Condensing Steam Turbine Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America Condensing Steam Turbine Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America Condensing Steam Turbine Consumption by Country (2019-2030)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Condensing Steam Turbine Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe Condensing Steam Turbine Consumption by Country (2019-2030)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Condensing Steam Turbine Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific Condensing Steam Turbine Consumption by Region (2019-2030)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Condensing Steam Turbine Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa Condensing Steam Turbine Consumption by Country (2019-2030)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Output
5.1 Global Condensing Steam Turbine Production by Output (2019-2030)
5.1.1 Global Condensing Steam Turbine Production by Output (2019-2024)
5.1.2 Global Condensing Steam Turbine Production by Output (2025-2030)
5.1.3 Global Condensing Steam Turbine Production Market Share by Output (2019-2030)
5.2 Global Condensing Steam Turbine Production Value by Output (2019-2030)
5.2.1 Global Condensing Steam Turbine Production Value by Output (2019-2024)
5.2.2 Global Condensing Steam Turbine Production Value by Output (2025-2030)
5.2.3 Global Condensing Steam Turbine Production Value Market Share by Output (2019-2030)
5.3 Global Condensing Steam Turbine Price by Output (2019-2030)
6 Segment by Application
6.1 Global Condensing Steam Turbine Production by Application (2019-2030)
6.1.1 Global Condensing Steam Turbine Production by Application (2019-2024)
6.1.2 Global Condensing Steam Turbine Production by Application (2025-2030)
6.1.3 Global Condensing Steam Turbine Production Market Share by Application (2019-2030)
6.2 Global Condensing Steam Turbine Production Value by Application (2019-2030)
6.2.1 Global Condensing Steam Turbine Production Value by Application (2019-2024)
6.2.2 Global Condensing Steam Turbine Production Value by Application (2025-2030)
6.2.3 Global Condensing Steam Turbine Production Value Market Share by Application (2019-2030)
6.3 Global Condensing Steam Turbine Price by Application (2019-2030)
7 Key Companies Profiled
7.1 GE
7.1.1 GE Condensing Steam Turbine Corporation Information
7.1.2 GE Condensing Steam Turbine Product Portfolio
7.1.3 GE Condensing Steam Turbine Production, Value, Price and Gross Margin (2019-2024)
7.1.4 GE Main Business and Markets Served
7.1.5 GE Recent Developments/Updates
7.2 Siemens
7.2.1 Siemens Condensing Steam Turbine Corporation Information
7.2.2 Siemens Condensing Steam Turbine Product Portfolio
7.2.3 Siemens Condensing Steam Turbine Production, Value, Price and Gross Margin (2019-2024)
7.2.4 Siemens Main Business and Markets Served
7.2.5 Siemens Recent Developments/Updates
7.3 Mitsubishi Hitachi
7.3.1 Mitsubishi Hitachi Condensing Steam Turbine Corporation Information
7.3.2 Mitsubishi Hitachi Condensing Steam Turbine Product Portfolio
7.3.3 Mitsubishi Hitachi Condensing Steam Turbine Production, Value, Price and Gross Margin (2019-2024)
7.3.4 Mitsubishi Hitachi Main Business and Markets Served
7.3.5 Mitsubishi Hitachi Recent Developments/Updates
7.4 Doosan Skoda Power
7.4.1 Doosan Skoda Power Condensing Steam Turbine Corporation Information
7.4.2 Doosan Skoda Power Condensing Steam Turbine Product Portfolio
7.4.3 Doosan Skoda Power Condensing Steam Turbine Production, Value, Price and Gross Margin (2019-2024)
7.4.4 Doosan Skoda Power Main Business and Markets Served
7.4.5 Doosan Skoda Power Recent Developments/Updates
7.5 Elliott
7.5.1 Elliott Condensing Steam Turbine Corporation Information
7.5.2 Elliott Condensing Steam Turbine Product Portfolio
7.5.3 Elliott Condensing Steam Turbine Production, Value, Price and Gross Margin (2019-2024)
7.5.4 Elliott Main Business and Markets Served
7.5.5 Elliott Recent Developments/Updates
7.6 MAN
7.6.1 MAN Condensing Steam Turbine Corporation Information
7.6.2 MAN Condensing Steam Turbine Product Portfolio
7.6.3 MAN Condensing Steam Turbine Production, Value, Price and Gross Margin (2019-2024)
7.6.4 MAN Main Business and Markets Served
7.6.5 MAN Recent Developments/Updates
7.7 Fuji Electric
7.7.1 Fuji Electric Condensing Steam Turbine Corporation Information
7.7.2 Fuji Electric Condensing Steam Turbine Product Portfolio
7.7.3 Fuji Electric Condensing Steam Turbine Production, Value, Price and Gross Margin (2019-2024)
7.7.4 Fuji Electric Main Business and Markets Served
7.7.5 Fuji Electric Recent Developments/Updates
7.8 Kawasaki
7.8.1 Kawasaki Condensing Steam Turbine Corporation Information
7.8.2 Kawasaki Condensing Steam Turbine Product Portfolio
7.8.3 Kawasaki Condensing Steam Turbine Production, Value, Price and Gross Margin (2019-2024)
7.8.4 Kawasaki Main Business and Markets Served
7.7.5 Kawasaki Recent Developments/Updates
7.9 HTC
7.9.1 HTC Condensing Steam Turbine Corporation Information
7.9.2 HTC Condensing Steam Turbine Product Portfolio
7.9.3 HTC Condensing Steam Turbine Production, Value, Price and Gross Margin (2019-2024)
7.9.4 HTC Main Business and Markets Served
7.9.5 HTC Recent Developments/Updates
7.10 Toshiba
7.10.1 Toshiba Condensing Steam Turbine Corporation Information
7.10.2 Toshiba Condensing Steam Turbine Product Portfolio
7.10.3 Toshiba Condensing Steam Turbine Production, Value, Price and Gross Margin (2019-2024)
7.10.4 Toshiba Main Business and Markets Served
7.10.5 Toshiba Recent Developments/Updates
7.11 Ansaldo
7.11.1 Ansaldo Condensing Steam Turbine Corporation Information
7.11.2 Ansaldo Condensing Steam Turbine Product Portfolio
7.11.3 Ansaldo Condensing Steam Turbine Production, Value, Price and Gross Margin (2019-2024)
7.11.4 Ansaldo Main Business and Markets Served
7.11.5 Ansaldo Recent Developments/Updates
7.12 Power Machines
7.12.1 Power Machines Condensing Steam Turbine Corporation Information
7.12.2 Power Machines Condensing Steam Turbine Product Portfolio
7.12.3 Power Machines Condensing Steam Turbine Production, Value, Price and Gross Margin (2019-2024)
7.12.4 Power Machines Main Business and Markets Served
7.12.5 Power Machines Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Condensing Steam Turbine Industry Chain Analysis
8.2 Condensing Steam Turbine Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Condensing Steam Turbine Production Mode & Process
8.4 Condensing Steam Turbine Sales and Marketing
8.4.1 Condensing Steam Turbine Sales Channels
8.4.2 Condensing Steam Turbine Distributors
8.5 Condensing Steam Turbine Customers
9 Condensing Steam Turbine Market Dynamics
9.1 Condensing Steam Turbine Industry Trends
9.2 Condensing Steam Turbine Market Drivers
9.3 Condensing Steam Turbine Market Challenges
9.4 Condensing Steam Turbine Market Restraints
10 Research Finding and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
Published By : QY Research
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