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PUBLISHER: Global Industry Analysts, Inc. | PRODUCT CODE: 1513970

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PUBLISHER: Global Industry Analysts, Inc. | PRODUCT CODE: 1513970

Turbines

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Global Turbines Market to Reach US$187.0 Billion by 2030

The global market for Turbines estimated at US$127.7 Billion in the year 2023, is expected to reach US$187.0 Billion by 2030, growing at a CAGR of 5.6% over the analysis period 2023-2030. Wind Turbines, one of the segments analyzed in the report, is expected to record a 8.6% CAGR and reach US$91.4 Billion by the end of the analysis period. Growth in the Gas Turbines segment is estimated at 4.1% CAGR over the analysis period.

The U.S. Market is Estimated at US$19.5 Billion While China is Forecast to Grow at 7.4% CAGR

The Turbines market in the U.S. is estimated at US$19.5 Billion in the year 2023. China, the world's second largest economy, is forecast to reach a projected market size of US$60.2 Billion by the year 2030 trailing a CAGR of 7.4% over the analysis period 2023-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 3.7% and 4.8% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 4.6% CAGR.

Global Turbines Market - Key Trends and Drivers Summarized

Turbines play a critical role in converting kinetic and thermal energy into mechanical energy across various industrial sectors. These devices typically feature a rotor with blades or nozzles, where fluid interaction generates rotational motion and subsequent energy. The most notable types include wind turbines, steam turbines, and gas turbines, each tailored to specific applications and markets. Wind turbines capture wind energy to produce electricity, often found in both onshore and offshore wind farms. Steam turbines, conversely, utilize thermal energy from heated steam, commonly employed in thermal power plants. Gas turbines, fueled by natural gas or liquid fuels, are integral to power generation and the aviation sector, where they power jet engines. Turbines are indispensable in power generation, aviation, and marine propulsion systems, with their size, design, and function varying significantly depending on the application, from large-scale steam turbines in power plants to compact gas turbines in aircraft.

As the world moves towards sustainable energy solutions, wind turbines have gained prominence, supported by favorable governmental policies and subsidies promoting green energy. Technological advancements have made wind turbines more efficient and cost-effective, enabling broader deployment, including in offshore locations. Concurrently, the hydro sector sees continued demand for new and replacement turbines in hydroelectric power plants. The modernization and expansion of thermal power plants, particularly in emerging economies, are also propelling the need for steam turbines. These turbines are essential due to their efficiency and ability to operate on multiple fuel sources, such as coal, natural gas, and biomass. Innovations in high-efficiency, low-emission designs further enhance their appeal, addressing the global need to balance energy demands with environmental sustainability.

The growth in the turbine market is driven by several factors. Firstly, the surge in demand for renewable energy has significantly boosted the wind turbine market, driven by government incentives, advancements in turbine technology, and increased environmental awareness among consumers. The market for steam turbines remains strong due to the shift towards cleaner energy sources like natural gas and the continued use of nuclear power. Advances in materials and design have enhanced their efficiency and reduced operational costs. Gas turbines benefit from increased natural gas production, particularly from shale reserves, leading to more natural gas-fired power plants. The aviation industry's expansion, fueled by rising air travel demand, has led to advancements in gas turbine technology, improving fuel efficiency and reducing emissions. Consumer trends towards eco-friendly and sustainable energy solutions further accelerate the adoption of these technologies. Overall, the turbine market's growth is driven by technological innovations, evolving energy policies, and changing consumer preferences, creating a dynamic and rapidly evolving industry landscape.

Select Competitors (Total 169 Featured) -

  • ABB Limited
  • Acciona Energia SA
  • Andritz AG
  • Ansaldo Energia SpA
  • Caterpillar, Inc.
  • Dongfang Electric Corporation Limited
  • Doosan Power Systems Holdings Limited
  • ENERCON GmbH
  • GE Grid Solutions, LLC
  • GE Power & Water
  • General Electric Company
  • GuoDian United Power Technology Company Ltd.
  • Harbin Turbine Company Limited
  • Mitsubishi Hitachi Power Systems, Ltd.
  • Nordex SE
  • Senvion SA
  • Shanghai Electric Group Company Limited
  • Siemens AG
  • Siemens Gamesa Renewable Energy, S.A.
  • Vestas Wind Systems A/S
  • Voith GmbH & Co. KGaA
  • Xinjiang GoldWind Science & Technology Co., Ltd.
Product Code: MCP-2579

TABLE OF CONTENTS

I. METHODOLOGY

II. EXECUTIVE SUMMARY

  • 1. MARKET OVERVIEW
    • Turbines: Enhancing the Performance of Power Generation
    • Global Turbines Market Capacity in Megaawatts for the Years 2022 and 2024E
    • A Prelude to Turbines: The Energy Generators
    • Global Turbines Market Looks Forward to a Gust of Energetic Growth: Prospects & Outlook
    • Dynamic Factors Turbocharging Growth of Global Turbine Market
    • Global Economic Update
    • Economic Frontiers: Trends, Trials & Transformations
    • In a World Torn by Geopolitical Instability & War, Steadfastness of Global GDP Becomes Increasingly Unpredictable Given the Many Direct and Indirect Economic Repercussions: World Economic Growth Projections (Real Gross Domestic Product (GDP), Annual % Change) for the Years 2022 Through 2025
    • All Eyes on Global Inflation, the Main Risk Factor in Global Markets: Global Headline Inflation Rates (In %) for the Years 2019 through 2025
    • With Oil Prices Influencing the Rate of inflation, it Remains the Most Watched Commodity in Global Markets: Global Average Annual Brent Crude Oil Price (In US$ Per Barrel) for Years 2019 through 2025
    • Regional Analysis
    • Turbines Market: Insights into US Regulatory Regime
    • Competitive Scenario
    • Select Innovations
    • Turbines - Global Key Competitors Percentage Market Share in 2024 (E)
    • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2024 (E)
    • Disruptive Effect of Renewable Energy on the Traditional Electricity System: The Fundamental Growth Driver
    • Factors Disrupting the Global Energy Market
    • Smart Solutions to Mitigate Issues
    • Rising Share of Renewable Sources in Energy Generation Portfolio
    • Percentage Breakdown of World Energy Production by Energy Source for the Years 2020, 2030 and 2040
    • Declining Cost of Wind and Solar Power Make Renewables an Integral Part of Energy Portfolio
    • Global Levelized Cost of Energy Storage Technologies in Utilities (In US$ Per MWh) by Type for the Years 2015 and 2030
    • Recent Market Activity
    • Influencer Market Insights
    • Select Global Brands
  • 2. FOCUS ON SELECT PLAYERS
  • 3. MARKET TRENDS & DRIVERS
    • Electricity Demand Patterns to Drive Growth for Energy Sector: Turbines Market to Gain Momentum
    • Projected Global Demand for Electricity (MWh): 2015, 2025, & 2035
    • Change in Gross Electricity Demand in TWh for 2017-50
    • Global Primary Energy Consumption (Billion toe): Growth Trajectory for the Period 1990-2040
    • Global Energy Consumption (Billion toe) by Country/Region (1995, 2017 and 2040): Breakdown for USA, China, India, Russia, Brazil, EU, Middle East and Rest of World
    • Estimated Global Power Generation Infrastructure Requirement (in US$ Billion) for China, India, Latin America, and North America over the Period 2010-2030
    • Energy Sector: Pandemic Brings Numerous Challenges to the Turbines Market
    • Global Energy Market Growth Outlook (In %) for Years 2019 through 2025
    • Opportunities for the Power & Energy Sector in the Post-Pandemic Era
    • Harnessing the Ancient Power of the Wind, a Force that Shaped Our History and Now Guiding Our Quest for Sustainable Energy
    • Without Ingenious Machinery like Turbines at its heart, the Clean Energy Transition Will Fail: Global Clean Energy Investments (In US$ Billion) for Years 2017, 2019, 2021, 2023, 2024 and 2030
    • An Engineering Feat at the Heart of Wind Energy Are Turbines & Rotor Blades
    • Surge in Number of Wind Farms Worldwide Benefit Demand for Wind Turbines
    • Strong Investments in Wind Energy Provides the Launchpad for the Growth of Wind Turbines
    • Massive Volumes of Installed Capacity Needed to Meet the Ambitious Wind Goals Ensures a Strong Decade Ahead for Wind Turbines: Global Cumulative Wind Energy Installations Needed to Meet Net Zero Goals by 2050 (In GW) for Years 2024, 2026, 2028 and 2030
    • Offshore Wind Energy Touted to Change the Future of Energy Generation
    • Rising Popularity of Small Wind Turbines Bodes Well for Market Growth
    • Rotor Blades Get Bigger, Bigger & Bigger. Here We Unravel the Engineering Rationale Behind the Trend
    • Taller Turbine Towers & Longer Blades are Set to Capture More Energy: Wind Turbine Capacity (In MW), Hub Height (In Feet), and Rotor Diameter (In Feet) for Years 1990, 2000, 2010, 2020 and 2035
    • New Developments in Carbon-Fiber-Reinforced Polymers as Evidenced by the Growing Market for Carbon Fibre Composites Bodes Well for Development of Innovative Carbon Fiber Based Turbine Blades: Global Market for Carbon Fiber Composites (In US$ Billion) for Years 2023, 2025, 2027, 2029 & 2031
    • Bladeless Turbines Raises Excitement Levels in the Wind Turbines Space
    • Wind Arena Witnesses Winds of Change with Turbine Standardization & Modularization
    • Wind Energy Industry Runs Like a Wind with Tapered Roller Bearings for Turbines
    • Growing Prominence of Distributed Power Generation Benefits Market Prospects for Combustion Turbines
    • Micro Turbines Witness Increasing Deployment in Distributed Energy Generation
    • Despite Coal-Fired Thermal Power Dominance, Several Issues Hamper Market Prospects for Steam Turbines
    • Global Electricity Supply by Source (2015 & 2040): Percentage Breakdown of Net Delivered Electricity (TWh) for Coal, Natural Gas, Nuclear, Oil, Wind/Solar, and Other Renewables
    • Steam Turbine Manufacturers Focus on Improving Turbine Designs for Increased Efficiencies
    • Turbines Market Hits the Gas Pedal with Remarkable Growth of Gas Turbine Industry
    • Dynamic Factors Shaping Future Trajectory of Global Gas Turbine Industry
    • Growing Production & Supply of Natural Gas Drive Growth in Demand for Gas Turbines
    • Emergence of Shale Gas as a Viable Energy Source Generates Opportunities for Gas Turbines
    • Technically Recoverable Shale Gas by Geographic Region
    • Electric Motors: A Rising Threat to Gas Turbines?
    • Exponential Increase in Global Population & Urbanization Rate: A Mega Trend Strengthening Market Prospects
    • Rapid Urbanization: A Mega Growth Driver for Energy Sector and Turbines
    • World Population (in Thousands) by Geographic Region for the Years 2018, 2025, 2040, and 2050
    • World Urban Population in Million and as Percentage of Total Population for the Period 1950-2050
    • World Population Urbanization Rate (%) by Region/Country: 2016 & 2040
    • Smart Cities & Smart Grids Elevate the Prospects for Energy Sector and Turbines
    • Global Smart Grid Market (In US$ Billion) for Years 2021, 2023, 2025 and 2027
    • Global Market for Smart Grids (in US$ Billion) for the Years 2020
  • 4. GLOBAL MARKET PERSPECTIVE
    • TABLE 1: World Turbines Market Analysis of Annual Sales in US$ Million for Years 2016 through 2030
    • TABLE 2: World Recent Past, Current & Future Analysis for Turbines by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
    • TABLE 3: World Historic Review for Turbines by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2016 through 2022 and % CAGR
    • TABLE 4: World 14-Year Perspective for Turbines by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World Markets for Years 2016, 2024 & 2030
    • TABLE 5: World Recent Past, Current & Future Analysis for Wind Turbines by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
    • TABLE 6: World Historic Review for Wind Turbines by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2016 through 2022 and % CAGR
    • TABLE 7: World 14-Year Perspective for Wind Turbines by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World for Years 2016, 2024 & 2030
    • TABLE 8: World Recent Past, Current & Future Analysis for Gas Turbines by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
    • TABLE 9: World Historic Review for Gas Turbines by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2016 through 2022 and % CAGR
    • TABLE 10: World 14-Year Perspective for Gas Turbines by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World for Years 2016, 2024 & 2030
    • TABLE 11: World Recent Past, Current & Future Analysis for Steam Turbines by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
    • TABLE 12: World Historic Review for Steam Turbines by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2016 through 2022 and % CAGR
    • TABLE 13: World 14-Year Perspective for Steam Turbines by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World for Years 2016, 2024 & 2030
    • TABLE 14: World Recent Past, Current & Future Analysis for Other Types by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
    • TABLE 15: World Historic Review for Other Types by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2016 through 2022 and % CAGR
    • TABLE 16: World 14-Year Perspective for Other Types by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World for Years 2016, 2024 & 2030
    • Global Market Outlook

III. MARKET ANALYSIS

  • UNITED STATES
    • Turbines Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2024 (E)
    • Continued Improvements in Performance and Reliability of Wind Turbines Benefit Market Adoption
    • Transition from Coal to Natural Gas in Power Generation Sector Fuel Market Demand
    • Shale Gas Discoveries to Boost Demand for Gas Turbines
    • Technology Advancements to Improve Performance and Efficiency of Gas Turbines
    • TABLE 17: USA Recent Past, Current & Future Analysis for Turbines by Type - Wind Turbines, Gas Turbines, Steam Turbines and Other Types - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
    • TABLE 18: USA Historic Review for Turbines by Type - Wind Turbines, Gas Turbines, Steam Turbines and Other Types Markets - Independent Analysis of Annual Sales in US$ Million for Years 2016 through 2022 and % CAGR
    • TABLE 19: USA 14-Year Perspective for Turbines by Type - Percentage Breakdown of Value Sales for Wind Turbines, Gas Turbines, Steam Turbines and Other Types for the Years 2016, 2024 & 2030
  • CANADA
    • Turbines Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Canada for 2024 (E)
    • TABLE 20: Canada Recent Past, Current & Future Analysis for Turbines by Type - Wind Turbines, Gas Turbines, Steam Turbines and Other Types - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
    • TABLE 21: Canada Historic Review for Turbines by Type - Wind Turbines, Gas Turbines, Steam Turbines and Other Types Markets - Independent Analysis of Annual Sales in US$ Million for Years 2016 through 2022 and % CAGR
    • TABLE 22: Canada 14-Year Perspective for Turbines by Type - Percentage Breakdown of Value Sales for Wind Turbines, Gas Turbines, Steam Turbines and Other Types for the Years 2016, 2024 & 2030
  • JAPAN
    • Turbines Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2024 (E)
    • TABLE 23: Japan Recent Past, Current & Future Analysis for Turbines by Type - Wind Turbines, Gas Turbines, Steam Turbines and Other Types - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
    • TABLE 24: Japan Historic Review for Turbines by Type - Wind Turbines, Gas Turbines, Steam Turbines and Other Types Markets - Independent Analysis of Annual Sales in US$ Million for Years 2016 through 2022 and % CAGR
    • TABLE 25: Japan 14-Year Perspective for Turbines by Type - Percentage Breakdown of Value Sales for Wind Turbines, Gas Turbines, Steam Turbines and Other Types for the Years 2016, 2024 & 2030
  • CHINA
    • Turbines Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2024 (E)
    • Market Overview
    • TABLE 26: China Recent Past, Current & Future Analysis for Turbines by Type - Wind Turbines, Gas Turbines, Steam Turbines and Other Types - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
    • TABLE 27: China Historic Review for Turbines by Type - Wind Turbines, Gas Turbines, Steam Turbines and Other Types Markets - Independent Analysis of Annual Sales in US$ Million for Years 2016 through 2022 and % CAGR
    • TABLE 28: China 14-Year Perspective for Turbines by Type - Percentage Breakdown of Value Sales for Wind Turbines, Gas Turbines, Steam Turbines and Other Types for the Years 2016, 2024 & 2030
  • EUROPE
    • Turbines Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2024 (E)
    • Europe: A Matured yet Growing Market for Turbines
    • Europe: The Largest Producer of Wind Energy Witness Increasing Demand for Wind Turbines
    • Gearbox and Geared Motor Makers Invest in Technology Development
    • European Market for Micro and Mini Turbines
    • TABLE 29: Europe Recent Past, Current & Future Analysis for Turbines by Geographic Region - France, Germany, Italy, UK, Spain, Russia and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
    • TABLE 30: Europe Historic Review for Turbines by Geographic Region - France, Germany, Italy, UK, Spain, Russia and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Million for Years 2016 through 2022 and % CAGR
    • TABLE 31: Europe 14-Year Perspective for Turbines by Geographic Region - Percentage Breakdown of Value Sales for France, Germany, Italy, UK, Spain, Russia and Rest of Europe Markets for Years 2016, 2024 & 2030
    • TABLE 32: Europe Recent Past, Current & Future Analysis for Turbines by Type - Wind Turbines, Gas Turbines, Steam Turbines and Other Types - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
    • TABLE 33: Europe Historic Review for Turbines by Type - Wind Turbines, Gas Turbines, Steam Turbines and Other Types Markets - Independent Analysis of Annual Sales in US$ Million for Years 2016 through 2022 and % CAGR
    • TABLE 34: Europe 14-Year Perspective for Turbines by Type - Percentage Breakdown of Value Sales for Wind Turbines, Gas Turbines, Steam Turbines and Other Types for the Years 2016, 2024 & 2030
  • FRANCE
    • TABLE 35: France Recent Past, Current & Future Analysis for Turbines by Type - Wind Turbines, Gas Turbines, Steam Turbines and Other Types - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
    • TABLE 36: France Historic Review for Turbines by Type - Wind Turbines, Gas Turbines, Steam Turbines and Other Types Markets - Independent Analysis of Annual Sales in US$ Million for Years 2016 through 2022 and % CAGR
    • TABLE 37: France 14-Year Perspective for Turbines by Type - Percentage Breakdown of Value Sales for Wind Turbines, Gas Turbines, Steam Turbines and Other Types for the Years 2016, 2024 & 2030
  • GERMANY
    • TABLE 38: Germany Recent Past, Current & Future Analysis for Turbines by Type - Wind Turbines, Gas Turbines, Steam Turbines and Other Types - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
    • TABLE 39: Germany Historic Review for Turbines by Type - Wind Turbines, Gas Turbines, Steam Turbines and Other Types Markets - Independent Analysis of Annual Sales in US$ Million for Years 2016 through 2022 and % CAGR
    • TABLE 40: Germany 14-Year Perspective for Turbines by Type - Percentage Breakdown of Value Sales for Wind Turbines, Gas Turbines, Steam Turbines and Other Types for the Years 2016, 2024 & 2030
  • ITALY
    • TABLE 41: Italy Recent Past, Current & Future Analysis for Turbines by Type - Wind Turbines, Gas Turbines, Steam Turbines and Other Types - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
    • TABLE 42: Italy Historic Review for Turbines by Type - Wind Turbines, Gas Turbines, Steam Turbines and Other Types Markets - Independent Analysis of Annual Sales in US$ Million for Years 2016 through 2022 and % CAGR
    • TABLE 43: Italy 14-Year Perspective for Turbines by Type - Percentage Breakdown of Value Sales for Wind Turbines, Gas Turbines, Steam Turbines and Other Types for the Years 2016, 2024 & 2030
  • UNITED KINGDOM
    • Rapid Growth in the Wind Energy Sector and Turbine Advancements Drive Market Demand
    • Small Wind Turbine Market Exhibits Healthy Growth
    • TABLE 44: UK Recent Past, Current & Future Analysis for Turbines by Type - Wind Turbines, Gas Turbines, Steam Turbines and Other Types - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
    • TABLE 45: UK Historic Review for Turbines by Type - Wind Turbines, Gas Turbines, Steam Turbines and Other Types Markets - Independent Analysis of Annual Sales in US$ Million for Years 2016 through 2022 and % CAGR
    • TABLE 46: UK 14-Year Perspective for Turbines by Type - Percentage Breakdown of Value Sales for Wind Turbines, Gas Turbines, Steam Turbines and Other Types for the Years 2016, 2024 & 2030
  • SPAIN
    • TABLE 47: Spain Recent Past, Current & Future Analysis for Turbines by Type - Wind Turbines, Gas Turbines, Steam Turbines and Other Types - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
    • TABLE 48: Spain Historic Review for Turbines by Type - Wind Turbines, Gas Turbines, Steam Turbines and Other Types Markets - Independent Analysis of Annual Sales in US$ Million for Years 2016 through 2022 and % CAGR
    • TABLE 49: Spain 14-Year Perspective for Turbines by Type - Percentage Breakdown of Value Sales for Wind Turbines, Gas Turbines, Steam Turbines and Other Types for the Years 2016, 2024 & 2030
  • RUSSIA
    • TABLE 50: Russia Recent Past, Current & Future Analysis for Turbines by Type - Wind Turbines, Gas Turbines, Steam Turbines and Other Types - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
    • TABLE 51: Russia Historic Review for Turbines by Type - Wind Turbines, Gas Turbines, Steam Turbines and Other Types Markets - Independent Analysis of Annual Sales in US$ Million for Years 2016 through 2022 and % CAGR
    • TABLE 52: Russia 14-Year Perspective for Turbines by Type - Percentage Breakdown of Value Sales for Wind Turbines, Gas Turbines, Steam Turbines and Other Types for the Years 2016, 2024 & 2030
  • REST OF EUROPE
    • TABLE 53: Rest of Europe Recent Past, Current & Future Analysis for Turbines by Type - Wind Turbines, Gas Turbines, Steam Turbines and Other Types - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
    • TABLE 54: Rest of Europe Historic Review for Turbines by Type - Wind Turbines, Gas Turbines, Steam Turbines and Other Types Markets - Independent Analysis of Annual Sales in US$ Million for Years 2016 through 2022 and % CAGR
    • TABLE 55: Rest of Europe 14-Year Perspective for Turbines by Type - Percentage Breakdown of Value Sales for Wind Turbines, Gas Turbines, Steam Turbines and Other Types for the Years 2016, 2024 & 2030
  • ASIA-PACIFIC
    • Turbines Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2024 (E)
    • Market Overview
    • Demand for Gas Turbines Rises Amid Growing Interest in Clean Technologies
    • India: Next-Generation Turbines to Support Wind Energy Generation
    • TABLE 56: Asia-Pacific Recent Past, Current & Future Analysis for Turbines by Type - Wind Turbines, Gas Turbines, Steam Turbines and Other Types - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
    • TABLE 57: Asia-Pacific Historic Review for Turbines by Type - Wind Turbines, Gas Turbines, Steam Turbines and Other Types Markets - Independent Analysis of Annual Sales in US$ Million for Years 2016 through 2022 and % CAGR
    • TABLE 58: Asia-Pacific 14-Year Perspective for Turbines by Type - Percentage Breakdown of Value Sales for Wind Turbines, Gas Turbines, Steam Turbines and Other Types for the Years 2016, 2024 & 2030
  • LATIN AMERICA
    • Latin America: A High Potential Market for Large Hydropower Turbines
    • An Overview of Wind Energy Market in Latin America
    • TABLE 59: Latin America Recent Past, Current & Future Analysis for Turbines by Type - Wind Turbines, Gas Turbines, Steam Turbines and Other Types - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
    • TABLE 60: Latin America Historic Review for Turbines by Type - Wind Turbines, Gas Turbines, Steam Turbines and Other Types Markets - Independent Analysis of Annual Sales in US$ Million for Years 2016 through 2022 and % CAGR
    • TABLE 61: Latin America 14-Year Perspective for Turbines by Type - Percentage Breakdown of Value Sales for Wind Turbines, Gas Turbines, Steam Turbines and Other Types for the Years 2016, 2024 & 2030
  • REST OF WORLD
    • TABLE 62: Rest of World Recent Past, Current & Future Analysis for Turbines by Type - Wind Turbines, Gas Turbines, Steam Turbines and Other Types - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
    • TABLE 63: Rest of World Historic Review for Turbines by Type - Wind Turbines, Gas Turbines, Steam Turbines and Other Types Markets - Independent Analysis of Annual Sales in US$ Million for Years 2016 through 2022 and % CAGR
    • TABLE 64: Rest of World 14-Year Perspective for Turbines by Type - Percentage Breakdown of Value Sales for Wind Turbines, Gas Turbines, Steam Turbines and Other Types for the Years 2016, 2024 & 2030

IV. COMPETITION

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