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Global Thermal Power Equipment Market Research Report 2025

Global Thermal Power Equipment Market Research Report 2025

Publishing Date : Mar, 2025

License Type :
 

Report Code : 1545741

No of Pages : 133

Synopsis
Thermal Power Equipment with unit capacity of 1000MW, 600MW and 300MW, while the medium to small size units such as 200MW, 135MW, 100MW, 50MW, 25MW.
The global Thermal Power Equipment market was valued at US$ 31820 million in 2023 and is anticipated to reach US$ 39670 million by 2030, witnessing a CAGR of 3.2% during the forecast period 2024-2030.
The Thermal Power Equipment market is a fundamental and evolving segment within the global energy sector. These specialized equipment and systems are pivotal in converting thermal energy, often derived from the combustion of fossil fuels or other heat sources, into electrical power. The market's growth is historically linked to the demand for reliable and cost-effective electricity generation, especially in regions heavily dependent on thermal power. Thermal power equipment includes a diverse range of components such as boilers, turbines, generators, and associated control systems. However, the market is also witnessing a transformation with a growing focus on cleaner and more sustainable thermal power technologies, including advanced combustion techniques and carbon capture solutions. As the energy landscape continues to evolve, the Thermal Power Equipment market plays a significant role in balancing the world's energy needs with environmental considerations, striving for greater efficiency, reduced emissions, and the integration of renewable energy sources to meet the demands of a rapidly changing global energy landscape.
This report aims to provide a comprehensive presentation of the global market for Thermal Power Equipment, 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 Thermal Power Equipment.
Report Scope
The Thermal Power Equipment 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 Thermal Power Equipment 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 Thermal Power Equipment 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
DEC
GE
Siemens
Elliott
Toshiba
Mitsubishi Hitachi Power Systems
MAN
Bosh
Harbin Power Equipment
IHI Corporation
Babcock & Wilcox
Bharat Heavy Electricals
Dongfang Turbine
Shanghai Electric
Hangzhou Steam Turbine(HTC)
Harbin Electric Corporation
MHPS
Fuji Electric
Doosan
Ansaldo Energia
Kawasaki Heavy Industries
Power Machines
Sumitomo Heavy Industries
Thyssenkrupp
Cethar
JFE ENGINEERING
Zhengzhou Boiler
Segment by Type
Boiler
Steam Turbine
Generator
Segment by Application
Food & Beverages
Chemical
Oil & Gas
Manufacturing
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 Thermal Power Equipment manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Thermal Power Equipment 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 Thermal Power Equipment 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.
Index
1 Thermal Power Equipment Market Overview
1.1 Product Definition
1.2 Thermal Power Equipment Segment by Type
1.2.1 Global Thermal Power Equipment Market Value Growth Rate Analysis by Type 2023 VS 2030
1.2.2 Boiler
1.2.3 Steam Turbine
1.2.4 Generator
1.3 Thermal Power Equipment Segment by Application
1.3.1 Global Thermal Power Equipment Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Food & Beverages
1.3.3 Chemical
1.3.4 Oil & Gas
1.3.5 Manufacturing
1.3.6 Others
1.4 Global Market Growth Prospects
1.4.1 Global Thermal Power Equipment Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global Thermal Power Equipment Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global Thermal Power Equipment Production Estimates and Forecasts (2019-2030)
1.4.4 Global Thermal Power Equipment Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Thermal Power Equipment Production Market Share by Manufacturers (2019-2024)
2.2 Global Thermal Power Equipment Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of Thermal Power Equipment, Industry Ranking, 2022 VS 2023 VS 2024
2.4 Global Thermal Power Equipment Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Thermal Power Equipment Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of Thermal Power Equipment, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Thermal Power Equipment, Product Offered and Application
2.8 Global Key Manufacturers of Thermal Power Equipment, Date of Enter into This Industry
2.9 Thermal Power Equipment Market Competitive Situation and Trends
2.9.1 Thermal Power Equipment Market Concentration Rate
2.9.2 Global 5 and 10 Largest Thermal Power Equipment Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Thermal Power Equipment Production by Region
3.1 Global Thermal Power Equipment Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global Thermal Power Equipment Production Value by Region (2019-2030)
3.2.1 Global Thermal Power Equipment Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of Thermal Power Equipment by Region (2025-2030)
3.3 Global Thermal Power Equipment Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global Thermal Power Equipment Production by Region (2019-2030)
3.4.1 Global Thermal Power Equipment Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of Thermal Power Equipment by Region (2025-2030)
3.5 Global Thermal Power Equipment Market Price Analysis by Region (2019-2024)
3.6 Global Thermal Power Equipment Production and Value, Year-over-Year Growth
3.6.1 North America Thermal Power Equipment Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe Thermal Power Equipment Production Value Estimates and Forecasts (2019-2030)
3.6.3 China Thermal Power Equipment Production Value Estimates and Forecasts (2019-2030)
3.6.4 Japan Thermal Power Equipment Production Value Estimates and Forecasts (2019-2030)
4 Thermal Power Equipment Consumption by Region
4.1 Global Thermal Power Equipment Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global Thermal Power Equipment Consumption by Region (2019-2030)
4.2.1 Global Thermal Power Equipment Consumption by Region (2019-2024)
4.2.2 Global Thermal Power Equipment Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America Thermal Power Equipment Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America Thermal Power Equipment Consumption by Country (2019-2030)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Thermal Power Equipment Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe Thermal Power Equipment 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 Thermal Power Equipment Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific Thermal Power Equipment 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 Thermal Power Equipment Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa Thermal Power Equipment Consumption by Country (2019-2030)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global Thermal Power Equipment Production by Type (2019-2030)
5.1.1 Global Thermal Power Equipment Production by Type (2019-2024)
5.1.2 Global Thermal Power Equipment Production by Type (2025-2030)
5.1.3 Global Thermal Power Equipment Production Market Share by Type (2019-2030)
5.2 Global Thermal Power Equipment Production Value by Type (2019-2030)
5.2.1 Global Thermal Power Equipment Production Value by Type (2019-2024)
5.2.2 Global Thermal Power Equipment Production Value by Type (2025-2030)
5.2.3 Global Thermal Power Equipment Production Value Market Share by Type (2019-2030)
5.3 Global Thermal Power Equipment Price by Type (2019-2030)
6 Segment by Application
6.1 Global Thermal Power Equipment Production by Application (2019-2030)
6.1.1 Global Thermal Power Equipment Production by Application (2019-2024)
6.1.2 Global Thermal Power Equipment Production by Application (2025-2030)
6.1.3 Global Thermal Power Equipment Production Market Share by Application (2019-2030)
6.2 Global Thermal Power Equipment Production Value by Application (2019-2030)
6.2.1 Global Thermal Power Equipment Production Value by Application (2019-2024)
6.2.2 Global Thermal Power Equipment Production Value by Application (2025-2030)
6.2.3 Global Thermal Power Equipment Production Value Market Share by Application (2019-2030)
6.3 Global Thermal Power Equipment Price by Application (2019-2030)
7 Key Companies Profiled
7.1 DEC
7.1.1 DEC Thermal Power Equipment Corporation Information
7.1.2 DEC Thermal Power Equipment Product Portfolio
7.1.3 DEC Thermal Power Equipment Production, Value, Price and Gross Margin (2019-2024)
7.1.4 DEC Main Business and Markets Served
7.1.5 DEC Recent Developments/Updates
7.2 GE
7.2.1 GE Thermal Power Equipment Corporation Information
7.2.2 GE Thermal Power Equipment Product Portfolio
7.2.3 GE Thermal Power Equipment Production, Value, Price and Gross Margin (2019-2024)
7.2.4 GE Main Business and Markets Served
7.2.5 GE Recent Developments/Updates
7.3 Siemens
7.3.1 Siemens Thermal Power Equipment Corporation Information
7.3.2 Siemens Thermal Power Equipment Product Portfolio
7.3.3 Siemens Thermal Power Equipment Production, Value, Price and Gross Margin (2019-2024)
7.3.4 Siemens Main Business and Markets Served
7.3.5 Siemens Recent Developments/Updates
7.4 Elliott
7.4.1 Elliott Thermal Power Equipment Corporation Information
7.4.2 Elliott Thermal Power Equipment Product Portfolio
7.4.3 Elliott Thermal Power Equipment Production, Value, Price and Gross Margin (2019-2024)
7.4.4 Elliott Main Business and Markets Served
7.4.5 Elliott Recent Developments/Updates
7.5 Toshiba
7.5.1 Toshiba Thermal Power Equipment Corporation Information
7.5.2 Toshiba Thermal Power Equipment Product Portfolio
7.5.3 Toshiba Thermal Power Equipment Production, Value, Price and Gross Margin (2019-2024)
7.5.4 Toshiba Main Business and Markets Served
7.5.5 Toshiba Recent Developments/Updates
7.6 Mitsubishi Hitachi Power Systems
7.6.1 Mitsubishi Hitachi Power Systems Thermal Power Equipment Corporation Information
7.6.2 Mitsubishi Hitachi Power Systems Thermal Power Equipment Product Portfolio
7.6.3 Mitsubishi Hitachi Power Systems Thermal Power Equipment Production, Value, Price and Gross Margin (2019-2024)
7.6.4 Mitsubishi Hitachi Power Systems Main Business and Markets Served
7.6.5 Mitsubishi Hitachi Power Systems Recent Developments/Updates
7.7 MAN
7.7.1 MAN Thermal Power Equipment Corporation Information
7.7.2 MAN Thermal Power Equipment Product Portfolio
7.7.3 MAN Thermal Power Equipment Production, Value, Price and Gross Margin (2019-2024)
7.7.4 MAN Main Business and Markets Served
7.7.5 MAN Recent Developments/Updates
7.8 Bosh
7.8.1 Bosh Thermal Power Equipment Corporation Information
7.8.2 Bosh Thermal Power Equipment Product Portfolio
7.8.3 Bosh Thermal Power Equipment Production, Value, Price and Gross Margin (2019-2024)
7.8.4 Bosh Main Business and Markets Served
7.7.5 Bosh Recent Developments/Updates
7.9 Harbin Power Equipment
7.9.1 Harbin Power Equipment Thermal Power Equipment Corporation Information
7.9.2 Harbin Power Equipment Thermal Power Equipment Product Portfolio
7.9.3 Harbin Power Equipment Thermal Power Equipment Production, Value, Price and Gross Margin (2019-2024)
7.9.4 Harbin Power Equipment Main Business and Markets Served
7.9.5 Harbin Power Equipment Recent Developments/Updates
7.10 IHI Corporation
7.10.1 IHI Corporation Thermal Power Equipment Corporation Information
7.10.2 IHI Corporation Thermal Power Equipment Product Portfolio
7.10.3 IHI Corporation Thermal Power Equipment Production, Value, Price and Gross Margin (2019-2024)
7.10.4 IHI Corporation Main Business and Markets Served
7.10.5 IHI Corporation Recent Developments/Updates
7.11 Babcock & Wilcox
7.11.1 Babcock & Wilcox Thermal Power Equipment Corporation Information
7.11.2 Babcock & Wilcox Thermal Power Equipment Product Portfolio
7.11.3 Babcock & Wilcox Thermal Power Equipment Production, Value, Price and Gross Margin (2019-2024)
7.11.4 Babcock & Wilcox Main Business and Markets Served
7.11.5 Babcock & Wilcox Recent Developments/Updates
7.12 Bharat Heavy Electricals
7.12.1 Bharat Heavy Electricals Thermal Power Equipment Corporation Information
7.12.2 Bharat Heavy Electricals Thermal Power Equipment Product Portfolio
7.12.3 Bharat Heavy Electricals Thermal Power Equipment Production, Value, Price and Gross Margin (2019-2024)
7.12.4 Bharat Heavy Electricals Main Business and Markets Served
7.12.5 Bharat Heavy Electricals Recent Developments/Updates
7.13 Dongfang Turbine
7.13.1 Dongfang Turbine Thermal Power Equipment Corporation Information
7.13.2 Dongfang Turbine Thermal Power Equipment Product Portfolio
7.13.3 Dongfang Turbine Thermal Power Equipment Production, Value, Price and Gross Margin (2019-2024)
7.13.4 Dongfang Turbine Main Business and Markets Served
7.13.5 Dongfang Turbine Recent Developments/Updates
7.14 Shanghai Electric
7.14.1 Shanghai Electric Thermal Power Equipment Corporation Information
7.14.2 Shanghai Electric Thermal Power Equipment Product Portfolio
7.14.3 Shanghai Electric Thermal Power Equipment Production, Value, Price and Gross Margin (2019-2024)
7.14.4 Shanghai Electric Main Business and Markets Served
7.14.5 Shanghai Electric Recent Developments/Updates
7.15 Hangzhou Steam Turbine(HTC)
7.15.1 Hangzhou Steam Turbine(HTC) Thermal Power Equipment Corporation Information
7.15.2 Hangzhou Steam Turbine(HTC) Thermal Power Equipment Product Portfolio
7.15.3 Hangzhou Steam Turbine(HTC) Thermal Power Equipment Production, Value, Price and Gross Margin (2019-2024)
7.15.4 Hangzhou Steam Turbine(HTC) Main Business and Markets Served
7.15.5 Hangzhou Steam Turbine(HTC) Recent Developments/Updates
7.16 Harbin Electric Corporation
7.16.1 Harbin Electric Corporation Thermal Power Equipment Corporation Information
7.16.2 Harbin Electric Corporation Thermal Power Equipment Product Portfolio
7.16.3 Harbin Electric Corporation Thermal Power Equipment Production, Value, Price and Gross Margin (2019-2024)
7.16.4 Harbin Electric Corporation Main Business and Markets Served
7.16.5 Harbin Electric Corporation Recent Developments/Updates
7.17 MHPS
7.17.1 MHPS Thermal Power Equipment Corporation Information
7.17.2 MHPS Thermal Power Equipment Product Portfolio
7.17.3 MHPS Thermal Power Equipment Production, Value, Price and Gross Margin (2019-2024)
7.17.4 MHPS Main Business and Markets Served
7.17.5 MHPS Recent Developments/Updates
7.18 Fuji Electric
7.18.1 Fuji Electric Thermal Power Equipment Corporation Information
7.18.2 Fuji Electric Thermal Power Equipment Product Portfolio
7.18.3 Fuji Electric Thermal Power Equipment Production, Value, Price and Gross Margin (2019-2024)
7.18.4 Fuji Electric Main Business and Markets Served
7.18.5 Fuji Electric Recent Developments/Updates
7.19 Doosan
7.19.1 Doosan Thermal Power Equipment Corporation Information
7.19.2 Doosan Thermal Power Equipment Product Portfolio
7.19.3 Doosan Thermal Power Equipment Production, Value, Price and Gross Margin (2019-2024)
7.19.4 Doosan Main Business and Markets Served
7.19.5 Doosan Recent Developments/Updates
7.20 Ansaldo Energia
7.20.1 Ansaldo Energia Thermal Power Equipment Corporation Information
7.20.2 Ansaldo Energia Thermal Power Equipment Product Portfolio
7.20.3 Ansaldo Energia Thermal Power Equipment Production, Value, Price and Gross Margin (2019-2024)
7.20.4 Ansaldo Energia Main Business and Markets Served
7.20.5 Ansaldo Energia Recent Developments/Updates
7.21 Kawasaki Heavy Industries
7.21.1 Kawasaki Heavy Industries Thermal Power Equipment Corporation Information
7.21.2 Kawasaki Heavy Industries Thermal Power Equipment Product Portfolio
7.21.3 Kawasaki Heavy Industries Thermal Power Equipment Production, Value, Price and Gross Margin (2019-2024)
7.21.4 Kawasaki Heavy Industries Main Business and Markets Served
7.21.5 Kawasaki Heavy Industries Recent Developments/Updates
7.22 Power Machines
7.22.1 Power Machines Thermal Power Equipment Corporation Information
7.22.2 Power Machines Thermal Power Equipment Product Portfolio
7.22.3 Power Machines Thermal Power Equipment Production, Value, Price and Gross Margin (2019-2024)
7.22.4 Power Machines Main Business and Markets Served
7.22.5 Power Machines Recent Developments/Updates
7.23 Sumitomo Heavy Industries
7.23.1 Sumitomo Heavy Industries Thermal Power Equipment Corporation Information
7.23.2 Sumitomo Heavy Industries Thermal Power Equipment Product Portfolio
7.23.3 Sumitomo Heavy Industries Thermal Power Equipment Production, Value, Price and Gross Margin (2019-2024)
7.23.4 Sumitomo Heavy Industries Main Business and Markets Served
7.23.5 Sumitomo Heavy Industries Recent Developments/Updates
7.24 Thyssenkrupp
7.24.1 Thyssenkrupp Thermal Power Equipment Corporation Information
7.24.2 Thyssenkrupp Thermal Power Equipment Product Portfolio
7.24.3 Thyssenkrupp Thermal Power Equipment Production, Value, Price and Gross Margin (2019-2024)
7.24.4 Thyssenkrupp Main Business and Markets Served
7.24.5 Thyssenkrupp Recent Developments/Updates
7.25 Cethar
7.25.1 Cethar Thermal Power Equipment Corporation Information
7.25.2 Cethar Thermal Power Equipment Product Portfolio
7.25.3 Cethar Thermal Power Equipment Production, Value, Price and Gross Margin (2019-2024)
7.25.4 Cethar Main Business and Markets Served
7.25.5 Cethar Recent Developments/Updates
7.26 JFE ENGINEERING
7.26.1 JFE ENGINEERING Thermal Power Equipment Corporation Information
7.26.2 JFE ENGINEERING Thermal Power Equipment Product Portfolio
7.26.3 JFE ENGINEERING Thermal Power Equipment Production, Value, Price and Gross Margin (2019-2024)
7.26.4 JFE ENGINEERING Main Business and Markets Served
7.26.5 JFE ENGINEERING Recent Developments/Updates
7.27 Zhengzhou Boiler
7.27.1 Zhengzhou Boiler Thermal Power Equipment Corporation Information
7.27.2 Zhengzhou Boiler Thermal Power Equipment Product Portfolio
7.27.3 Zhengzhou Boiler Thermal Power Equipment Production, Value, Price and Gross Margin (2019-2024)
7.27.4 Zhengzhou Boiler Main Business and Markets Served
7.27.5 Zhengzhou Boiler Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Thermal Power Equipment Industry Chain Analysis
8.2 Thermal Power Equipment Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Thermal Power Equipment Production Mode & Process
8.4 Thermal Power Equipment Sales and Marketing
8.4.1 Thermal Power Equipment Sales Channels
8.4.2 Thermal Power Equipment Distributors
8.5 Thermal Power Equipment Customers
9 Thermal Power Equipment Market Dynamics
9.1 Thermal Power Equipment Industry Trends
9.2 Thermal Power Equipment Market Drivers
9.3 Thermal Power Equipment Market Challenges
9.4 Thermal Power Equipment 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

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