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Global Industrial Steam Turbines Market Research Report 2025
Synopsis
The global Industrial Steam Turbines market was valued at US$ million in 2023 and is anticipated to reach US$ million by 2030, witnessing a CAGR of % during the forecast period 2024-2030.
North American market for Industrial Steam Turbines is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
Asia-Pacific market for Industrial Steam Turbines is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
The major global manufacturers of Industrial Steam Turbines include Harbin Electric Machinery Co., Ltd., Dongfang Electric Corporation, Elliott Group, Kawasaki Heavy Industries Ltd., General Electric Company, Siemens AG, Mitsubishi Heavy Industries, Ltd., Toshiba America Energy Systems Corporation and Ansaldo Energia s.p.a, etc. In 2023, the world's top three vendors accounted for approximately % of the revenue.
This report aims to provide a comprehensive presentation of the global market for Industrial Steam Turbines, 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 Industrial Steam Turbines.
Report Scope
The Industrial Steam Turbines 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 Industrial Steam Turbines market comprehensively. Regional market sizes, concerning products by Type, 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 Industrial Steam Turbines 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 Type, by Application, and by regions.
Market Segmentation
By Company
Harbin Electric Machinery Co., Ltd.
Dongfang Electric Corporation
Elliott Group
Kawasaki Heavy Industries Ltd.
General Electric Company
Siemens AG
Mitsubishi Heavy Industries, Ltd.
Toshiba America Energy Systems Corporation
Ansaldo Energia s.p.a
Peter Brotherhood Ltd.
Fuji Electric Co., Ltd.
Bharat Heavy Electricals Limited
Doosan Skoda Power
TGM Kanis Turbinen GmbH
OJSC Power Machines
Segment by Type
Reaction Turbines
Impulse Turbines
Segment by Application
Power and Utility
Engineering
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 Type, 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 Industrial Steam Turbines manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Industrial Steam Turbines 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 Industrial Steam Turbines 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 Type, 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.
The global Industrial Steam Turbines market was valued at US$ million in 2023 and is anticipated to reach US$ million by 2030, witnessing a CAGR of % during the forecast period 2024-2030.
North American market for Industrial Steam Turbines is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
Asia-Pacific market for Industrial Steam Turbines is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
The major global manufacturers of Industrial Steam Turbines include Harbin Electric Machinery Co., Ltd., Dongfang Electric Corporation, Elliott Group, Kawasaki Heavy Industries Ltd., General Electric Company, Siemens AG, Mitsubishi Heavy Industries, Ltd., Toshiba America Energy Systems Corporation and Ansaldo Energia s.p.a, etc. In 2023, the world's top three vendors accounted for approximately % of the revenue.
This report aims to provide a comprehensive presentation of the global market for Industrial Steam Turbines, 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 Industrial Steam Turbines.
Report Scope
The Industrial Steam Turbines 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 Industrial Steam Turbines market comprehensively. Regional market sizes, concerning products by Type, 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 Industrial Steam Turbines 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 Type, by Application, and by regions.
Market Segmentation
By Company
Harbin Electric Machinery Co., Ltd.
Dongfang Electric Corporation
Elliott Group
Kawasaki Heavy Industries Ltd.
General Electric Company
Siemens AG
Mitsubishi Heavy Industries, Ltd.
Toshiba America Energy Systems Corporation
Ansaldo Energia s.p.a
Peter Brotherhood Ltd.
Fuji Electric Co., Ltd.
Bharat Heavy Electricals Limited
Doosan Skoda Power
TGM Kanis Turbinen GmbH
OJSC Power Machines
Segment by Type
Reaction Turbines
Impulse Turbines
Segment by Application
Power and Utility
Engineering
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 Type, 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 Industrial Steam Turbines manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Industrial Steam Turbines 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 Industrial Steam Turbines 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 Type, 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 Industrial Steam Turbines Market Overview
1.1 Product Definition
1.2 Industrial Steam Turbines Segment by Type
1.2.1 Global Industrial Steam Turbines Market Value Growth Rate Analysis by Type 2023 VS 2030
1.2.2 Reaction Turbines
1.2.3 Impulse Turbines
1.3 Industrial Steam Turbines Segment by Application
1.3.1 Global Industrial Steam Turbines Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Power and Utility
1.3.3 Engineering
1.3.4 Others
1.4 Global Market Growth Prospects
1.4.1 Global Industrial Steam Turbines Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global Industrial Steam Turbines Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global Industrial Steam Turbines Production Estimates and Forecasts (2019-2030)
1.4.4 Global Industrial Steam Turbines Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Industrial Steam Turbines Production Market Share by Manufacturers (2019-2024)
2.2 Global Industrial Steam Turbines Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of Industrial Steam Turbines, Industry Ranking, 2022 VS 2023 VS 2024
2.4 Global Industrial Steam Turbines Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Industrial Steam Turbines Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of Industrial Steam Turbines, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Industrial Steam Turbines, Product Offered and Application
2.8 Global Key Manufacturers of Industrial Steam Turbines, Date of Enter into This Industry
2.9 Industrial Steam Turbines Market Competitive Situation and Trends
2.9.1 Industrial Steam Turbines Market Concentration Rate
2.9.2 Global 5 and 10 Largest Industrial Steam Turbines Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Industrial Steam Turbines Production by Region
3.1 Global Industrial Steam Turbines Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global Industrial Steam Turbines Production Value by Region (2019-2030)
3.2.1 Global Industrial Steam Turbines Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of Industrial Steam Turbines by Region (2025-2030)
3.3 Global Industrial Steam Turbines Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global Industrial Steam Turbines Production by Region (2019-2030)
3.4.1 Global Industrial Steam Turbines Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of Industrial Steam Turbines by Region (2025-2030)
3.5 Global Industrial Steam Turbines Market Price Analysis by Region (2019-2024)
3.6 Global Industrial Steam Turbines Production and Value, Year-over-Year Growth
3.6.1 North America Industrial Steam Turbines Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe Industrial Steam Turbines Production Value Estimates and Forecasts (2019-2030)
3.6.3 China Industrial Steam Turbines Production Value Estimates and Forecasts (2019-2030)
3.6.4 Japan Industrial Steam Turbines Production Value Estimates and Forecasts (2019-2030)
4 Industrial Steam Turbines Consumption by Region
4.1 Global Industrial Steam Turbines Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global Industrial Steam Turbines Consumption by Region (2019-2030)
4.2.1 Global Industrial Steam Turbines Consumption by Region (2019-2024)
4.2.2 Global Industrial Steam Turbines Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America Industrial Steam Turbines Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America Industrial Steam Turbines Consumption by Country (2019-2030)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Industrial Steam Turbines Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe Industrial Steam Turbines 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 Industrial Steam Turbines Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific Industrial Steam Turbines 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 Industrial Steam Turbines Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa Industrial Steam Turbines Consumption by Country (2019-2030)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global Industrial Steam Turbines Production by Type (2019-2030)
5.1.1 Global Industrial Steam Turbines Production by Type (2019-2024)
5.1.2 Global Industrial Steam Turbines Production by Type (2025-2030)
5.1.3 Global Industrial Steam Turbines Production Market Share by Type (2019-2030)
5.2 Global Industrial Steam Turbines Production Value by Type (2019-2030)
5.2.1 Global Industrial Steam Turbines Production Value by Type (2019-2024)
5.2.2 Global Industrial Steam Turbines Production Value by Type (2025-2030)
5.2.3 Global Industrial Steam Turbines Production Value Market Share by Type (2019-2030)
5.3 Global Industrial Steam Turbines Price by Type (2019-2030)
6 Segment by Application
6.1 Global Industrial Steam Turbines Production by Application (2019-2030)
6.1.1 Global Industrial Steam Turbines Production by Application (2019-2024)
6.1.2 Global Industrial Steam Turbines Production by Application (2025-2030)
6.1.3 Global Industrial Steam Turbines Production Market Share by Application (2019-2030)
6.2 Global Industrial Steam Turbines Production Value by Application (2019-2030)
6.2.1 Global Industrial Steam Turbines Production Value by Application (2019-2024)
6.2.2 Global Industrial Steam Turbines Production Value by Application (2025-2030)
6.2.3 Global Industrial Steam Turbines Production Value Market Share by Application (2019-2030)
6.3 Global Industrial Steam Turbines Price by Application (2019-2030)
7 Key Companies Profiled
7.1 Harbin Electric Machinery Co., Ltd.
7.1.1 Harbin Electric Machinery Co., Ltd. Industrial Steam Turbines Corporation Information
7.1.2 Harbin Electric Machinery Co., Ltd. Industrial Steam Turbines Product Portfolio
7.1.3 Harbin Electric Machinery Co., Ltd. Industrial Steam Turbines Production, Value, Price and Gross Margin (2019-2024)
7.1.4 Harbin Electric Machinery Co., Ltd. Main Business and Markets Served
7.1.5 Harbin Electric Machinery Co., Ltd. Recent Developments/Updates
7.2 Dongfang Electric Corporation
7.2.1 Dongfang Electric Corporation Industrial Steam Turbines Corporation Information
7.2.2 Dongfang Electric Corporation Industrial Steam Turbines Product Portfolio
7.2.3 Dongfang Electric Corporation Industrial Steam Turbines Production, Value, Price and Gross Margin (2019-2024)
7.2.4 Dongfang Electric Corporation Main Business and Markets Served
7.2.5 Dongfang Electric Corporation Recent Developments/Updates
7.3 Elliott Group
7.3.1 Elliott Group Industrial Steam Turbines Corporation Information
7.3.2 Elliott Group Industrial Steam Turbines Product Portfolio
7.3.3 Elliott Group Industrial Steam Turbines Production, Value, Price and Gross Margin (2019-2024)
7.3.4 Elliott Group Main Business and Markets Served
7.3.5 Elliott Group Recent Developments/Updates
7.4 Kawasaki Heavy Industries Ltd.
7.4.1 Kawasaki Heavy Industries Ltd. Industrial Steam Turbines Corporation Information
7.4.2 Kawasaki Heavy Industries Ltd. Industrial Steam Turbines Product Portfolio
7.4.3 Kawasaki Heavy Industries Ltd. Industrial Steam Turbines Production, Value, Price and Gross Margin (2019-2024)
7.4.4 Kawasaki Heavy Industries Ltd. Main Business and Markets Served
7.4.5 Kawasaki Heavy Industries Ltd. Recent Developments/Updates
7.5 General Electric Company
7.5.1 General Electric Company Industrial Steam Turbines Corporation Information
7.5.2 General Electric Company Industrial Steam Turbines Product Portfolio
7.5.3 General Electric Company Industrial Steam Turbines Production, Value, Price and Gross Margin (2019-2024)
7.5.4 General Electric Company Main Business and Markets Served
7.5.5 General Electric Company Recent Developments/Updates
7.6 Siemens AG
7.6.1 Siemens AG Industrial Steam Turbines Corporation Information
7.6.2 Siemens AG Industrial Steam Turbines Product Portfolio
7.6.3 Siemens AG Industrial Steam Turbines Production, Value, Price and Gross Margin (2019-2024)
7.6.4 Siemens AG Main Business and Markets Served
7.6.5 Siemens AG Recent Developments/Updates
7.7 Mitsubishi Heavy Industries, Ltd.
7.7.1 Mitsubishi Heavy Industries, Ltd. Industrial Steam Turbines Corporation Information
7.7.2 Mitsubishi Heavy Industries, Ltd. Industrial Steam Turbines Product Portfolio
7.7.3 Mitsubishi Heavy Industries, Ltd. Industrial Steam Turbines Production, Value, Price and Gross Margin (2019-2024)
7.7.4 Mitsubishi Heavy Industries, Ltd. Main Business and Markets Served
7.7.5 Mitsubishi Heavy Industries, Ltd. Recent Developments/Updates
7.8 Toshiba America Energy Systems Corporation
7.8.1 Toshiba America Energy Systems Corporation Industrial Steam Turbines Corporation Information
7.8.2 Toshiba America Energy Systems Corporation Industrial Steam Turbines Product Portfolio
7.8.3 Toshiba America Energy Systems Corporation Industrial Steam Turbines Production, Value, Price and Gross Margin (2019-2024)
7.8.4 Toshiba America Energy Systems Corporation Main Business and Markets Served
7.7.5 Toshiba America Energy Systems Corporation Recent Developments/Updates
7.9 Ansaldo Energia s.p.a
7.9.1 Ansaldo Energia s.p.a Industrial Steam Turbines Corporation Information
7.9.2 Ansaldo Energia s.p.a Industrial Steam Turbines Product Portfolio
7.9.3 Ansaldo Energia s.p.a Industrial Steam Turbines Production, Value, Price and Gross Margin (2019-2024)
7.9.4 Ansaldo Energia s.p.a Main Business and Markets Served
7.9.5 Ansaldo Energia s.p.a Recent Developments/Updates
7.10 Peter Brotherhood Ltd.
7.10.1 Peter Brotherhood Ltd. Industrial Steam Turbines Corporation Information
7.10.2 Peter Brotherhood Ltd. Industrial Steam Turbines Product Portfolio
7.10.3 Peter Brotherhood Ltd. Industrial Steam Turbines Production, Value, Price and Gross Margin (2019-2024)
7.10.4 Peter Brotherhood Ltd. Main Business and Markets Served
7.10.5 Peter Brotherhood Ltd. Recent Developments/Updates
7.11 Fuji Electric Co., Ltd.
7.11.1 Fuji Electric Co., Ltd. Industrial Steam Turbines Corporation Information
7.11.2 Fuji Electric Co., Ltd. Industrial Steam Turbines Product Portfolio
7.11.3 Fuji Electric Co., Ltd. Industrial Steam Turbines Production, Value, Price and Gross Margin (2019-2024)
7.11.4 Fuji Electric Co., Ltd. Main Business and Markets Served
7.11.5 Fuji Electric Co., Ltd. Recent Developments/Updates
7.12 Bharat Heavy Electricals Limited
7.12.1 Bharat Heavy Electricals Limited Industrial Steam Turbines Corporation Information
7.12.2 Bharat Heavy Electricals Limited Industrial Steam Turbines Product Portfolio
7.12.3 Bharat Heavy Electricals Limited Industrial Steam Turbines Production, Value, Price and Gross Margin (2019-2024)
7.12.4 Bharat Heavy Electricals Limited Main Business and Markets Served
7.12.5 Bharat Heavy Electricals Limited Recent Developments/Updates
7.13 Doosan Skoda Power
7.13.1 Doosan Skoda Power Industrial Steam Turbines Corporation Information
7.13.2 Doosan Skoda Power Industrial Steam Turbines Product Portfolio
7.13.3 Doosan Skoda Power Industrial Steam Turbines Production, Value, Price and Gross Margin (2019-2024)
7.13.4 Doosan Skoda Power Main Business and Markets Served
7.13.5 Doosan Skoda Power Recent Developments/Updates
7.14 TGM Kanis Turbinen GmbH
7.14.1 TGM Kanis Turbinen GmbH Industrial Steam Turbines Corporation Information
7.14.2 TGM Kanis Turbinen GmbH Industrial Steam Turbines Product Portfolio
7.14.3 TGM Kanis Turbinen GmbH Industrial Steam Turbines Production, Value, Price and Gross Margin (2019-2024)
7.14.4 TGM Kanis Turbinen GmbH Main Business and Markets Served
7.14.5 TGM Kanis Turbinen GmbH Recent Developments/Updates
7.15 OJSC Power Machines
7.15.1 OJSC Power Machines Industrial Steam Turbines Corporation Information
7.15.2 OJSC Power Machines Industrial Steam Turbines Product Portfolio
7.15.3 OJSC Power Machines Industrial Steam Turbines Production, Value, Price and Gross Margin (2019-2024)
7.15.4 OJSC Power Machines Main Business and Markets Served
7.15.5 OJSC Power Machines Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Industrial Steam Turbines Industry Chain Analysis
8.2 Industrial Steam Turbines Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Industrial Steam Turbines Production Mode & Process
8.4 Industrial Steam Turbines Sales and Marketing
8.4.1 Industrial Steam Turbines Sales Channels
8.4.2 Industrial Steam Turbines Distributors
8.5 Industrial Steam Turbines Customers
9 Industrial Steam Turbines Market Dynamics
9.1 Industrial Steam Turbines Industry Trends
9.2 Industrial Steam Turbines Market Drivers
9.3 Industrial Steam Turbines Market Challenges
9.4 Industrial Steam Turbines 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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