PUBLISHER: 360iResearch | PRODUCT CODE: 1381903
PUBLISHER: 360iResearch | PRODUCT CODE: 1381903
The Steam Turbines Market is projected to reach USD 31.02 billion by 2030 from USD 22.02 billion in 2022, at a CAGR of 4.37% during the forecast period.
Global Steam Turbines Market
KEY MARKET STATISTICS | |
---|---|
Base Year Value [2022] | USD 22.02 billion |
Estimated Year Value [2023] | USD 22.97 billion |
Forecast Year Value [2030] | USD 31.02 billion |
CAGR (%) | 4.37% |
This research report analyzes various sub-markets, forecasts revenues, and examines emerging trends in each category to provide a comprehensive outlook on the Steam Turbines Market.
Based on Type, market is studied across Extraction Back-Pressure Turbines, Extraction-Condensing Turbines, Geared Turbines, Mixed-Pressure Turbines, and Small/Mid-Sized Condensing Turbines. The Extraction Back-Pressure Turbines is projected to witness significant market share during forecast period.
Based on Capacity, market is studied across 151 to 300 MW, More than 300 MW, and Up to 150 MW. The More than 300 MW is projected to witness significant market share during forecast period.
Based on Design, market is studied across Impluse and Reaction. The Impluse is projected to witness significant market share during forecast period.
Based on End-User, market is studied across Industrial and Power & Utility. The Industrial is projected to witness significant market share during forecast period.
Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Americas is projected to witness significant market share during forecast period.
The report provides market sizing and forecasts across 7 major currencies - USD, EUR, JPY, GBP, AUD, CAD, and CHF; multiple currency support helps organization leaders to make well-informed decisions. In this report, 2018 to 2021 are considered as historical years, 2022 is base year, 2023 is estimated year, and years from 2024 to 2030 are considered as forecast period.
The FPNV Positioning Matrix is an indispensable tool for assessing the Steam Turbines Market. It comprehensively evaluates vendors, analyzing key metrics related to Business Strategy and Product Satisfaction. This enables users to make informed decisions tailored to their specific needs. Through advanced analysis, vendors are categorized into four distinct quadrants, each representing a different level of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V). Be assured that this insightful framework empowers decision-makers to navigate the market with confidence.
The Market Share Analysis offers invaluable insights into the vendor landscape Steam Turbines Market. By evaluating their impact on overall revenue, customer base, and other key metrics, we provide companies with a comprehensive understanding of their performance and the competitive environment they confront. This analysis also uncovers the level of competition in terms of market share acquisition, fragmentation, dominance, and industry consolidation during the study period.
The report delves into recent significant developments in the Steam Turbines Market, highlighting leading vendors and their innovative profiles. These include ABB Ltd., Alstom S.A., Ansaldo Energia S.p.A, Arani power systems, Bharat Heavy Electricals Limited, Chola Turbo Machinery International Pvt. Ltd., Dongfang Turbine Company Limited, Doosan Skoda Power, Elliott Group, Fuji Electric Co., Ltd., General Electric Company, Hangzhou Turbine Power Group Co., Ltd., Howden Group, Kawasaki Heavy Industries, Ltd., MAN Energy Solutions SE, Mitsubishi Heavy Industries, Ltd., Shin Nippon Machinery Co., Ltd, Siemens AG, Sumitomo Heavy Industries, Ltd., Toshiba Corporation, Trillium Flow Technologies, Turbine Generator Maintenance Inc., TURBOCAM, Inc., and WEG S.A..
1. Market Penetration: It provides comprehensive information about key players' market dynamics and offerings.
2. Market Development: In-depth analysis of emerging markets and penetration across mature market segments, highlighting lucrative opportunities.
3. Market Diversification: Detailed information about new product launches, untapped geographies, recent developments, and investments.
4. Competitive Assessment & Intelligence: Exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of leading players.
5. Product Development & Innovation: Intelligent insights on future technologies, R&D activities, and breakthrough product developments.
1. What is the market size and forecast for the Steam Turbines Market?
2. Which products, segments, applications, and areas hold the highest investment potential in the Steam Turbines Market?
3. What is the competitive strategic window for identifying opportunities in the Steam Turbines Market?
4. What are the latest technology trends and regulatory frameworks in the Steam Turbines Market?
5. What is the market share of the leading vendors in the Steam Turbines Market?
6. Which modes and strategic moves are suitable for entering the Steam Turbines Market?