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Steam Turbine Aftermarket Global Market Report 2025

Published Oct 15, 2025
Length 250 Pages
SKU # BRC20476728

Description

Steam Turbine Aftermarket Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on steam turbine aftermarket market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

Reasons to Purchase
  • Gain a truly global perspective with the most comprehensive report available on this market covering 15 geographies.
  • Assess the impact of key macro factors such as geopolitical conflicts, trade policies and tariffs, post-pandemic supply chain realignment, inflation and interest rate fluctuations, and evolving regulatory landscapes.
  • Create regional and country strategies on the basis of local data and analysis.
  • Identify growth segments for investment.
  • Outperform competitors using forecast data and the drivers and trends shaping the market.
  • Understand customers based on the latest market shares.
  • Benchmark performance against key competitors.
  • Suitable for supporting your internal and external presentations with reliable high quality data and analysis
  • Report will be updated with the latest data and delivered to you within 2-3 working days of order along with an Excel data sheet for easy data extraction and analysis.
  • All data from the report will also be delivered in an excel dashboard format.
Description:

Where is the largest and fastest growing market for steam turbine aftermarket ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The steam turbine aftermarket market global report from the Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
  • The market characteristics section of the report defines and explains the market.
  • The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
  • The forecasts are made after considering the major factors currently impacting the market. These include:
  • The forecasts are made after considering the major factors currently impacting the market. These include the technological advancements such as AI and automation, Russia-Ukraine war, trade tariffs (government-imposed import/export duties), elevated inflation and interest rates.
  • Market segmentations break down the market into sub markets.
  • The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth.
  • The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
  • The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope

Markets Covered:1) By Type of Service: Spare Parts; Repair; Services

2) By Technology: Combined Cycle; Fossil; Nuclear; Thermal Renewable

3) By Capacity: Less Than 50 MW; 50 MW To 100 MW; 100 MW To 300 MW; 300 MW To 600 MW; 600 MW And Above

4) By Service Provider: Original Equipment Manufacturers (OEMs); Independent Service Providers (ISPs)

5) By End-User: Power Generation; Oil And Gas; General Industries

Subsegments:

1) By Spare Parts: Replacement Blades; Bearings; Seals; Casings; Control Systems

2) By Repair: Turbine Overhaul; Rotor Alignment; Blade Repair; Bearing Replacement; Seal Repair

3) By Services: Performance Monitoring; Predictive Maintenance; Installation Services; Commissioning Services; Technical Consulting

Companies Mentioned: Sumitomo Heavy Industries Ltd.; Siemens Energy AG; Mitsubishi Heavy Industries Ltd.; NTPC Limited; Shanghai Electric Group Co. Ltd.; Doosan Enerbility Co. Ltd.; Kawasaki Heavy Industries Ltd.; Dongfang Electric Corporation Limited; Fincantieri S.p.A.; Fuji Electric Co. Ltd.; Ebara Corporation; Babcock International Group Plc; Voith GmbH & Co. KGaA; Sulzer Ltd.; Bharat Heavy Electricals Limited; Triveni Turbine Limited; SIFCO Industries Inc.; Toshiba Energy Systems & Solutions Corporation; Turtle Turbines Private Limited; Allied Power Group LLC.

Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain.

Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa

Time Series: Five years historic and ten years forecast.

Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,

Data Segmentations: country and regional historic and forecast data, market share of competitors, market segments.

Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.

Delivery Format: PDF, Word and Excel Data Dashboard.

Please Note: Report will be updated with the latest data and delivered to you within 3-5 working days of order.

Table of Contents

250 Pages
1. Executive Summary
2. Steam Turbine Aftermarket Market Characteristics
3. Steam Turbine Aftermarket Market Trends And Strategies
4. Steam Turbine Aftermarket Market - Macro Economic Scenario Including The Impact Of Interest Rates, Inflation, Geopolitics, Trade Wars and Tariffs, And Covid And Recovery On The Market
4.1. Supply Chain Impact from Tariff War & Trade Protectionism
5. Global Steam Turbine Aftermarket Growth Analysis And Strategic Analysis Framework
5.1. Global Steam Turbine Aftermarket PESTEL Analysis (Political, Social, Technological, Environmental and Legal Factors, Drivers and Restraints)
5.2. Analysis Of End Use Industries
5.3. Global Steam Turbine Aftermarket Market Growth Rate Analysis
5.4. Global Steam Turbine Aftermarket Historic Market Size and Growth, 2019 - 2024, Value ($ Billion)
5.5. Global Steam Turbine Aftermarket Forecast Market Size and Growth, 2024 - 2029, 2034F, Value ($ Billion)
5.6. Global Steam Turbine Aftermarket Total Addressable Market (TAM)
6. Steam Turbine Aftermarket Market Segmentation
6.1. Global Steam Turbine Aftermarket Market, Segmentation By Type Of Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Spare Parts
Repair
Services
6.2. Global Steam Turbine Aftermarket Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Combined Cycle
Fossil
Nuclear
Thermal Renewable
6.3. Global Steam Turbine Aftermarket Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Less Than 50 MW
50 MW To 100 MW
100 MW To 300 MW
300 MW To 600 MW
600 MW And Above
6.4. Global Steam Turbine Aftermarket Market, Segmentation By Service Provider, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Original Equipment Manufacturers (OEMs)
Independent Service Providers (ISPs)
6.5. Global Steam Turbine Aftermarket Market, Segmentation By End-User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Power Generation
Oil And Gas
General Industries
6.6. Global Steam Turbine Aftermarket Market, Sub-Segmentation Of Spare Parts, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Replacement Blades
Bearings
Seals
Casings
Control Systems
6.7. Global Steam Turbine Aftermarket Market, Sub-Segmentation Of Repair, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Turbine Overhaul
Rotor Alignment
Blade Repair
Bearing Replacement
Seal Repair
6.8. Global Steam Turbine Aftermarket Market, Sub-Segmentation Of Services, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Performance Monitoring
Predictive Maintenance
Installation Services
Commissioning Services
Technical Consulting
7. Steam Turbine Aftermarket Market Regional And Country Analysis
7.1. Global Steam Turbine Aftermarket Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
7.2. Global Steam Turbine Aftermarket Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
8. Asia-Pacific Steam Turbine Aftermarket Market
8.1. Asia-Pacific Steam Turbine Aftermarket Market Overview
Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.2. Asia-Pacific Steam Turbine Aftermarket Market, Segmentation By Type Of Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
8.3. Asia-Pacific Steam Turbine Aftermarket Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
8.4. Asia-Pacific Steam Turbine Aftermarket Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
9. China Steam Turbine Aftermarket Market
9.1. China Steam Turbine Aftermarket Market Overview
9.2. China Steam Turbine Aftermarket Market, Segmentation By Type Of Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion
9.3. China Steam Turbine Aftermarket Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion
9.4. China Steam Turbine Aftermarket Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion
10. India Steam Turbine Aftermarket Market
10.1. India Steam Turbine Aftermarket Market, Segmentation By Type Of Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
10.2. India Steam Turbine Aftermarket Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
10.3. India Steam Turbine Aftermarket Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
11. Japan Steam Turbine Aftermarket Market
11.1. Japan Steam Turbine Aftermarket Market Overview
11.2. Japan Steam Turbine Aftermarket Market, Segmentation By Type Of Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
11.3. Japan Steam Turbine Aftermarket Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
11.4. Japan Steam Turbine Aftermarket Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
12. Australia Steam Turbine Aftermarket Market
12.1. Australia Steam Turbine Aftermarket Market, Segmentation By Type Of Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
12.2. Australia Steam Turbine Aftermarket Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
12.3. Australia Steam Turbine Aftermarket Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
13. Indonesia Steam Turbine Aftermarket Market
13.1. Indonesia Steam Turbine Aftermarket Market, Segmentation By Type Of Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
13.2. Indonesia Steam Turbine Aftermarket Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
13.3. Indonesia Steam Turbine Aftermarket Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
14. South Korea Steam Turbine Aftermarket Market
14.1. South Korea Steam Turbine Aftermarket Market Overview
14.2. South Korea Steam Turbine Aftermarket Market, Segmentation By Type Of Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
14.3. South Korea Steam Turbine Aftermarket Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
14.4. South Korea Steam Turbine Aftermarket Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
15. Western Europe Steam Turbine Aftermarket Market
15.1. Western Europe Steam Turbine Aftermarket Market Overview
15.2. Western Europe Steam Turbine Aftermarket Market, Segmentation By Type Of Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
15.3. Western Europe Steam Turbine Aftermarket Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
15.4. Western Europe Steam Turbine Aftermarket Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
16. UK Steam Turbine Aftermarket Market
16.1. UK Steam Turbine Aftermarket Market, Segmentation By Type Of Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
16.2. UK Steam Turbine Aftermarket Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
16.3. UK Steam Turbine Aftermarket Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
17. Germany Steam Turbine Aftermarket Market
17.1. Germany Steam Turbine Aftermarket Market, Segmentation By Type Of Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
17.2. Germany Steam Turbine Aftermarket Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
17.3. Germany Steam Turbine Aftermarket Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
18. France Steam Turbine Aftermarket Market
18.1. France Steam Turbine Aftermarket Market, Segmentation By Type Of Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
18.2. France Steam Turbine Aftermarket Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
18.3. France Steam Turbine Aftermarket Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
19. Italy Steam Turbine Aftermarket Market
19.1. Italy Steam Turbine Aftermarket Market, Segmentation By Type Of Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
19.2. Italy Steam Turbine Aftermarket Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
19.3. Italy Steam Turbine Aftermarket Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
20. Spain Steam Turbine Aftermarket Market
20.1. Spain Steam Turbine Aftermarket Market, Segmentation By Type Of Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
20.2. Spain Steam Turbine Aftermarket Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
20.3. Spain Steam Turbine Aftermarket Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
21. Eastern Europe Steam Turbine Aftermarket Market
21.1. Eastern Europe Steam Turbine Aftermarket Market Overview
21.2. Eastern Europe Steam Turbine Aftermarket Market, Segmentation By Type Of Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
21.3. Eastern Europe Steam Turbine Aftermarket Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
21.4. Eastern Europe Steam Turbine Aftermarket Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
22. Russia Steam Turbine Aftermarket Market
22.1. Russia Steam Turbine Aftermarket Market, Segmentation By Type Of Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
22.2. Russia Steam Turbine Aftermarket Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
22.3. Russia Steam Turbine Aftermarket Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
23. North America Steam Turbine Aftermarket Market
23.1. North America Steam Turbine Aftermarket Market Overview
23.2. North America Steam Turbine Aftermarket Market, Segmentation By Type Of Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
23.3. North America Steam Turbine Aftermarket Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
23.4. North America Steam Turbine Aftermarket Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
24. USA Steam Turbine Aftermarket Market
24.1. USA Steam Turbine Aftermarket Market Overview
24.2. USA Steam Turbine Aftermarket Market, Segmentation By Type Of Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
24.3. USA Steam Turbine Aftermarket Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
24.4. USA Steam Turbine Aftermarket Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
25. Canada Steam Turbine Aftermarket Market
25.1. Canada Steam Turbine Aftermarket Market Overview
25.2. Canada Steam Turbine Aftermarket Market, Segmentation By Type Of Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
25.3. Canada Steam Turbine Aftermarket Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
25.4. Canada Steam Turbine Aftermarket Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
26. South America Steam Turbine Aftermarket Market
26.1. South America Steam Turbine Aftermarket Market Overview
26.2. South America Steam Turbine Aftermarket Market, Segmentation By Type Of Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
26.3. South America Steam Turbine Aftermarket Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
26.4. South America Steam Turbine Aftermarket Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
27. Brazil Steam Turbine Aftermarket Market
27.1. Brazil Steam Turbine Aftermarket Market, Segmentation By Type Of Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
27.2. Brazil Steam Turbine Aftermarket Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
27.3. Brazil Steam Turbine Aftermarket Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
28. Middle East Steam Turbine Aftermarket Market
28.1. Middle East Steam Turbine Aftermarket Market Overview
28.2. Middle East Steam Turbine Aftermarket Market, Segmentation By Type Of Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
28.3. Middle East Steam Turbine Aftermarket Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
28.4. Middle East Steam Turbine Aftermarket Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
29. Africa Steam Turbine Aftermarket Market
29.1. Africa Steam Turbine Aftermarket Market Overview
29.2. Africa Steam Turbine Aftermarket Market, Segmentation By Type Of Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
29.3. Africa Steam Turbine Aftermarket Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
29.4. Africa Steam Turbine Aftermarket Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
30. Steam Turbine Aftermarket Market Competitive Landscape And Company Profiles
30.1. Steam Turbine Aftermarket Market Competitive Landscape
30.2. Steam Turbine Aftermarket Market Company Profiles
30.2.1. Sumitomo Heavy Industries Ltd. Overview, Products and Services, Strategy and Financial Analysis
30.2.2. Siemens Energy AG Overview, Products and Services, Strategy and Financial Analysis
30.2.3. Mitsubishi Heavy Industries Ltd. Overview, Products and Services, Strategy and Financial Analysis
30.2.4. NTPC Limited Overview, Products and Services, Strategy and Financial Analysis
30.2.5. Shanghai Electric Group Co. Ltd. Overview, Products and Services, Strategy and Financial Analysis
31. Steam Turbine Aftermarket Market Other Major And Innovative Companies
31.1. Doosan Enerbility Co. Ltd.
31.2. Kawasaki Heavy Industries Ltd.
31.3. Dongfang Electric Corporation Limited
31.4. Fincantieri S.p.A.
31.5. Fuji Electric Co. Ltd.
31.6. Ebara Corporation
31.7. Babcock International Group Plc
31.8. Voith GmbH & Co. KGaA
31.9. Sulzer Ltd.
31.10. Bharat Heavy Electricals Limited
31.11. Triveni Turbine Limited
31.12. SIFCO Industries Inc.
31.13. Toshiba Energy Systems & Solutions Corporation
31.14. Turtle Turbines Private Limited
31.15. Allied Power Group LLC
32. Global Steam Turbine Aftermarket Market Competitive Benchmarking And Dashboard
33. Key Mergers And Acquisitions In The Steam Turbine Aftermarket Market
34. Recent Developments In The Steam Turbine Aftermarket Market
35. Steam Turbine Aftermarket Market High Potential Countries, Segments and Strategies
35.1 Steam Turbine Aftermarket Market In 2029 - Countries Offering Most New Opportunities
35.2 Steam Turbine Aftermarket Market In 2029 - Segments Offering Most New Opportunities
35.3 Steam Turbine Aftermarket Market In 2029 - Growth Strategies
35.3.1 Market Trend Based Strategies
35.3.2 Competitor Strategies
36. Appendix
36.1. Abbreviations
36.2. Currencies
36.3. Historic And Forecast Inflation Rates
36.4. Research Inquiries
36.5. The Business Research Company
36.6. Copyright And Disclaimer
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