Steam Turbine Market, By Capacity, By End Use, and By Geography - Size, Share, Outlook, and Opportunity Analysis, 2023

Description

Steam turbine is a mechanical power plant that uses steam as a fuel to do work on a rotating shaft. The design of a steam turbine is a multi-disciplinary task that involves thermodynamics, aerodynamics and mechanical engineering. In addition to generating electricity, steam turbines can also be used for heating purposes. Industrial steam turbines use a mixture of high-pressure and low-pressure steam as their fuel. The difference between the pressures of the steam in the inlet and exhaust stages must be matched by a condenser to make steam turbines operate properly

Market Dynamics:

The global steam turbine market is anticipated to experience moderate growth throughout the forecast period. This is attributed to the rapid industrialization and rising electricity demand, particularly in developing economies. In addition, an increase in the demand for combined-cycle natural gas plants is another prominent factor driving steam turbine market growth. Furthermore, the growing focus on clean energy, which is defined as a renewable source of power is further expected to drive market growth over the next few years.

On the other hand, regulatory and policy restrictions on fossil-fuel fired power plants are projected to restrain the growth of the steam turbine market during the forecast period.

Key features of the study:

This report provides in-depth analysis of the global steam turbine market, and provides market size (US$ Billion) and compound annual growth rate (CAGR%) for the forecast period (2023-2030), considering 2022 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global steam turbine market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies
Key companies covered as a part of this study include General Electric (GE), Siemens Energy, Mitsubishi Power, Ltd., TOSHIBA CORPORATION, Doosan Skoda Power, Ansaldo Energia S.p.A., Bharat Heavy Electricals Limited (BHEL), and Fuji Electric Co., Ltd.
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
The global steam turbine market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global steam turbine market

Detailed Segmentation:

Global Steam Turbine Market, By Capacity
- Up to 150 MW
- 151 MW to 300 MW
- More than 300 MW
Global Steam Turbine Market, By End use
- Power & Utility
- Industrial
Global Steam Turbine Market, By Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
Company Profiles
- General Electric (GE)
- Siemens Energy
- Mitsubishi Power, Ltd.
- TOSHIBA CORPORATION
- Doosan Skoda Power
- Ansaldo Energia S.p.A.
- Bharat Heavy Electricals Limited (BHEL)
- Fuji Electric Co., Ltd.

Product Code: CMI5731

1. Research Objectives and Assumptions

Research Objectives
Assumptions
Abbreviations

2. Market Purview

Report Description
- Market Definition and Scope
Executive Summary
- Market Snapshot, By Capacity
- Market Snapshot, By End Use
- Market Snapshot, By Region
Coherent Opportunity Map (COM)

3. Market Dynamics, Regulations, and Trends Analysis

Market Dynamics
- Increasing demand for electricity
- Strict environmental emission regulations
- Increasing population with growing housing construction
Impact Analysis
Key Highlights
Regulatory Scenario
Product launch/Approvals
PEST Analysis
PORTER's Analysis
Merger and Acquisition Scenario

4. Global Steam Turbine Market - Impact of Coronavirus (COVID-19) Pandemic

COVID-19 Epidemiology
Supply Side and Demand Side Analysis
Economic Impact

5. Global Steam Turbine Market , By Capacity, 2017-2030, (US$ Bn)

Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2017 - 2030
- Segment Trends
Up to 150 MW
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Bn)
151 MW to 300 MW
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Bn)
More than 300 MW
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Bn)

6. Global Steam Turbine Market , By End Use, 2017-2030, (US$ Bn)

Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2017 - 2030
- Segment Trends
Power & Utility
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Billion)
Industrial
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Billion)

7. Global Steam Turbine Market , By Region, 2017-2030, (US$ Bn)

Introduction
- Market Share Analysis, By Country, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, For Country 2017 - 2030
- Country Trends
North America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Capacity, 2017-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End Use, 2017-2030,(US$ Bn)
Europe
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Capacity, 2017-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End Use, 2017-2030,(US$ Bn)
Asia Pacific
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Capacity, 2017-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End Use, 2017-2030,(US$ Bn)
Latin America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Capacity, 2017-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End Use, 2017-2030,(US$ Bn)
Middle East & Africa
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Capacity, 2017-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End Use, 2017-2030,(US$ Bn)

8. Competitive Landscape

General Electric (GE)
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Siemens Energy
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
Mitsubishi Power, Ltd.
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
TOSHIBA CORPORATION
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
Doosan Skoda Power
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
Ansaldo Energia S.p.A.
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
Bharat Heavy Electricals Limited (BHEL)
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
Fuji Electric Co., Ltd.
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
Analyst Views

9. Section

Research Methodology
About us

Steam Turbine Market, By Capacity, By End Use, and By Geography - Size, Share, Outlook, and Opportunity Analysis, 2023 - 2030