
Global Small Steam Turbine Market Research Report, Competitive, Technology and Forecast Analysis 2025-2032
Description
Market Overview
According to DIResearch's in-depth investigation and research, the global Small Steam Turbine market size will reach 519.26 Million USD in 2025 and is projected to reach 695.83 Million USD by 2032, with a CAGR of 4.27% (2025-2032). Notably, the China Small Steam Turbine market has changed rapidly in the past few years. By 2025, China's market size is expected to be Million USD, representing approximately % of the global market share.
Research Summary
A small steam turbine is a turbine designed to generate mechanical energy from steam power on a relatively small scale. These turbines are typically used in applications where a moderate amount of power is required, such as in small power plants, industrial processes, or cogeneration systems. The operation of a small steam turbine involves the conversion of thermal energy from steam into rotational kinetic energy, which is then used to drive a generator, pump, or other mechanical equipment. Small steam turbines can be classified into various types based on their design and application, including impulse turbines and reaction turbines. They are often compact, efficient, and versatile, making them suitable for a wide range of applications where steam power is utilized. Additionally, small steam turbines are used in decentralized power generation systems, such as in remote areas or in distributed energy systems, to provide reliable and efficient electricity generation.
The major global manufacturers of Small Steam Turbine include GE, Siemens, MHPS, MAN Power Engineering, Fuji Electric, Elliott Group, Doosan, Ansaldo Energia, Kawasaki, Power Machines, Toshiba, Shanghai Electric, Harbin Turbine Company, Dongfang Electric, Hangzhou Turbine, etc. The global players competition landscape in this report is divided into three tiers. The first tier comprises global leading enterprises that command a substantial market share, hold a dominant industry position, possess strong competitiveness and influence, and generate significant revenue. The second tier includes companies with a notable market presence and reputation; these firms actively follow industry leaders in product, service, or technological innovation and maintain a moderate revenue scale. The third tier consists of smaller companies with limited market share and lower brand recognition, primarily focused on local markets and generating comparatively lower revenue.
This report studies the market size, price trends and future development prospects of Small Steam Turbine. Focus on analysing the market share, product portfolio, prices, sales, revenue and gross profit margin of global major manufacturers, as well as the market status and trends of different product types and applications in the global Small Steam Turbine market. The report data covers historical data from 2020 to 2024, based year in 2025 and forecast data from 2026 to 2032.
The regions and countries in the report include US, Germany, Japan, China, France, UK, South Korea, Canada, Italy, Russia, Mexico, Brazil, India, Vietnam, Thailand, South Africa and other regions, covering the Small Steam Turbine market conditions and future development trends of key regions and countries, combined with industry-related policies and the latest technological developments, analyze the development characteristics of Small Steam Turbine industries in various regions and countries, help companies understand the development characteristics of each region, help companies formulate business strategies, and achieve the ultimate goal of the company's global development strategy.
The data sources of this report mainly include the National Bureau of Statistics, customs databases, industry associations, corporate financial reports, third-party databases, etc. Among them, macroeconomic data mainly comes from the National Bureau of Statistics, International Economic Research Organization; industry statistical data mainly come from industry associations; company data mainly comes from interviews, public information collection, third-party reliable databases, and price data mainly comes from various markets monitoring database.
Global Key Manufacturers of Small Steam Turbine Include:
GE
Siemens
MHPS
MAN Power Engineering
Fuji Electric
Elliott Group
Doosan
Ansaldo Energia
Kawasaki
Power Machines
Toshiba
Shanghai Electric
Harbin Turbine Company
Dongfang Electric
Hangzhou Turbine
Small Steam Turbine Product Segment Include:
Condensing Steam Turbine
Non-Condensing Steam Turbine
Small Steam Turbine Product Application Include:
Power Generation
Industrial
Others
Chapter Scope
Chapter 1: Product Research Range, Product Types and Applications, Market Overview, Market Situation and Trend
Chapter 2: Global Small Steam Turbine Industry PESTEL Analysis
Chapter 3: Global Small Steam Turbine Industry Porter's Five Forces Analysis
Chapter 4: Global Small Steam Turbine Major Regional Market Size (Sales, Revenue, Price) and Forecast Analysis
Chapter 5: Global Small Steam Turbine Competitive Analysis of Key Manufacturers (Sales, Revenue, Market Share, Price, Regional Distribution and Industry Concentration)
Chapter 6: Global Small Steam Turbine Sales, Revenue, Price and Forecast by Product Type
Chapter 7: Key Company Profiles (Product Portfolio, Sales, Revenue, Price and Gross Margin)
Chapter 8: Industrial Chain Analysis, Small Steam Turbine Different Application Market Analysis (Sales and Revenue), Sales Channel Analysis
Chapter 9: Research Findings and Conclusion
Chapter 10: Methodology and Data Sources
According to DIResearch's in-depth investigation and research, the global Small Steam Turbine market size will reach 519.26 Million USD in 2025 and is projected to reach 695.83 Million USD by 2032, with a CAGR of 4.27% (2025-2032). Notably, the China Small Steam Turbine market has changed rapidly in the past few years. By 2025, China's market size is expected to be Million USD, representing approximately % of the global market share.
Research Summary
A small steam turbine is a turbine designed to generate mechanical energy from steam power on a relatively small scale. These turbines are typically used in applications where a moderate amount of power is required, such as in small power plants, industrial processes, or cogeneration systems. The operation of a small steam turbine involves the conversion of thermal energy from steam into rotational kinetic energy, which is then used to drive a generator, pump, or other mechanical equipment. Small steam turbines can be classified into various types based on their design and application, including impulse turbines and reaction turbines. They are often compact, efficient, and versatile, making them suitable for a wide range of applications where steam power is utilized. Additionally, small steam turbines are used in decentralized power generation systems, such as in remote areas or in distributed energy systems, to provide reliable and efficient electricity generation.
The major global manufacturers of Small Steam Turbine include GE, Siemens, MHPS, MAN Power Engineering, Fuji Electric, Elliott Group, Doosan, Ansaldo Energia, Kawasaki, Power Machines, Toshiba, Shanghai Electric, Harbin Turbine Company, Dongfang Electric, Hangzhou Turbine, etc. The global players competition landscape in this report is divided into three tiers. The first tier comprises global leading enterprises that command a substantial market share, hold a dominant industry position, possess strong competitiveness and influence, and generate significant revenue. The second tier includes companies with a notable market presence and reputation; these firms actively follow industry leaders in product, service, or technological innovation and maintain a moderate revenue scale. The third tier consists of smaller companies with limited market share and lower brand recognition, primarily focused on local markets and generating comparatively lower revenue.
This report studies the market size, price trends and future development prospects of Small Steam Turbine. Focus on analysing the market share, product portfolio, prices, sales, revenue and gross profit margin of global major manufacturers, as well as the market status and trends of different product types and applications in the global Small Steam Turbine market. The report data covers historical data from 2020 to 2024, based year in 2025 and forecast data from 2026 to 2032.
The regions and countries in the report include US, Germany, Japan, China, France, UK, South Korea, Canada, Italy, Russia, Mexico, Brazil, India, Vietnam, Thailand, South Africa and other regions, covering the Small Steam Turbine market conditions and future development trends of key regions and countries, combined with industry-related policies and the latest technological developments, analyze the development characteristics of Small Steam Turbine industries in various regions and countries, help companies understand the development characteristics of each region, help companies formulate business strategies, and achieve the ultimate goal of the company's global development strategy.
The data sources of this report mainly include the National Bureau of Statistics, customs databases, industry associations, corporate financial reports, third-party databases, etc. Among them, macroeconomic data mainly comes from the National Bureau of Statistics, International Economic Research Organization; industry statistical data mainly come from industry associations; company data mainly comes from interviews, public information collection, third-party reliable databases, and price data mainly comes from various markets monitoring database.
Global Key Manufacturers of Small Steam Turbine Include:
GE
Siemens
MHPS
MAN Power Engineering
Fuji Electric
Elliott Group
Doosan
Ansaldo Energia
Kawasaki
Power Machines
Toshiba
Shanghai Electric
Harbin Turbine Company
Dongfang Electric
Hangzhou Turbine
Small Steam Turbine Product Segment Include:
Condensing Steam Turbine
Non-Condensing Steam Turbine
Small Steam Turbine Product Application Include:
Power Generation
Industrial
Others
Chapter Scope
Chapter 1: Product Research Range, Product Types and Applications, Market Overview, Market Situation and Trend
Chapter 2: Global Small Steam Turbine Industry PESTEL Analysis
Chapter 3: Global Small Steam Turbine Industry Porter's Five Forces Analysis
Chapter 4: Global Small Steam Turbine Major Regional Market Size (Sales, Revenue, Price) and Forecast Analysis
Chapter 5: Global Small Steam Turbine Competitive Analysis of Key Manufacturers (Sales, Revenue, Market Share, Price, Regional Distribution and Industry Concentration)
Chapter 6: Global Small Steam Turbine Sales, Revenue, Price and Forecast by Product Type
Chapter 7: Key Company Profiles (Product Portfolio, Sales, Revenue, Price and Gross Margin)
Chapter 8: Industrial Chain Analysis, Small Steam Turbine Different Application Market Analysis (Sales and Revenue), Sales Channel Analysis
Chapter 9: Research Findings and Conclusion
Chapter 10: Methodology and Data Sources
Table of Contents
165 Pages
- 1 Small Steam Turbine Market Overview
- 1.1 Product Definition and Statistical Scope
- 1.2 Small Steam Turbine Product by Type
- 1.2.1 Condensing Steam Turbine
- 1.2.2 Non-Condensing Steam Turbine
- 1.3 Small Steam Turbine Product by Application
- 1.3.1 Power Generation
- 1.3.2 Industrial
- 1.3.3 Others
- 1.4 Global Small Steam Turbine Market Revenue and Sales Analysis
- 1.4.1 Global Small Steam Turbine Revenue Market Size Analysis (2020-2032)
- 1.4.2 Global Small Steam Turbine Sales Market Size Analysis (2020-2032)
- 1.4.3 Global Small Steam Turbine Market Sales Price Trend Analysis (2020-2032)
- 1.5 Small Steam Turbine Market Development Status and Trends
- 1.5.1 Small Steam Turbine Industry Development Status Analysis
- 1.5.2 Small Steam Turbine Industry Development Trends Analysis
- 2 Small Steam Turbine Market PESTEL Analysis
- 2.1 Political Factors Analysis
- 2.2 Economic Factors Analysis
- 2.3 Social Factors Analysis
- 2.4 Technological Factors Analysis
- 2.5 Environmental Factors Analysis
- 2.6 Legal Factors Analysis
- 3 Small Steam Turbine Market Porter's Five Forces Analysis
- 3.1 Competitive Rivalry
- 3.2 Threat of New Entrants
- 3.3 Bargaining Power of Suppliers
- 3.4 Bargaining Power of Buyers
- 3.5 Threat of Substitutes
- 4 Global Small Steam Turbine Market Analysis by Country
- 4.1 Global Small Steam Turbine Market Size Analysis by Country: 2024 VS 2025 VS 2032
- 4.1.1 Global Small Steam Turbine Revenue and Market Share by Country (2020-2025)
- 4.1.2 Global Small Steam Turbine Revenue and Market Share Forecast by Country (2026-2032)
- 4.2 Global Small Steam Turbine Sales Analysis by Country: 2024 VS 2025 VS 2032
- 4.2.1 Global Small Steam Turbine Sales and Market Share by Country (2020-2025)
- 4.2.2 Global Small Steam Turbine Sales and Market Share Forecast by Country (2026-2032)
- 4.3 United States Small Steam Turbine Market Sales, Revenue and Growth Rate (2020-2032)
- 4.4 Germany Small Steam Turbine Market Sales, Revenue and Growth Rate (2020-2032)
- 4.5 Japan Small Steam Turbine Market Sales, Revenue and Growth Rate (2020-2032)
- 4.6 China Small Steam Turbine Market Sales, Revenue and Growth Rate (2020-2032)
- 4.7 France Small Steam Turbine Market Sales, Revenue and Growth Rate (2020-2032)
- 4.8 U.K. Small Steam Turbine Market Sales, Revenue and Growth Rate (2020-2032)
- 4.9 South Korea Small Steam Turbine Market Sales, Revenue and Growth Rate (2020-2032)
- 4.10 Canada Small Steam Turbine Market Sales, Revenue and Growth Rate (2020-2032)
- 4.11 Italy Small Steam Turbine Market Sales, Revenue and Growth Rate (2020-2032)
- 4.12 Russia Small Steam Turbine Market Sales, Revenue and Growth Rate (2020-2032)
- 4.13 Mexico Small Steam Turbine Market Sales, Revenue and Growth Rate (2020-2032)
- 4.14 Brazil Small Steam Turbine Market Sales, Revenue and Growth Rate (2020-2032)
- 4.15 India Small Steam Turbine Market Sales, Revenue and Growth Rate (2020-2032)
- 4.16 Vietnam Small Steam Turbine Market Sales, Revenue and Growth Rate (2020-2032)
- 4.17 Thailand Small Steam Turbine Market Sales, Revenue and Growth Rate (2020-2032)
- 4.18 South Africa Small Steam Turbine Market Sales, Revenue and Growth Rate (2020-2032)
- 5 Competition by Manufacturers
- 5.1 Global Small Steam Turbine Market Sales, Revenue and Sales Price by Key Manufacturers (2021-2025)
- 5.1.1 Global Small Steam Turbine Market Sales by Key Manufacturers (2021-2025)
- 5.1.2 Global Small Steam Turbine Market Revenue by Key Manufacturers (2021-2025)
- 5.1.3 Global Small Steam Turbine Average Sales Price by Manufacturers (2021-2025)
- 5.2 Small Steam Turbine Competitive Landscape Analysis and Market Dynamic
- 5.2.1 Small Steam Turbine Competitive Landscape Analysis
- 5.2.2 Global Key Manufacturers Headquarter and Key Area Sales
- 5.2.3 Market Dynamic
- 6 Small Steam Turbine Market Analysis by Type
- 6.1 Global Small Steam Turbine Market Revenue Analysis by Type
- 6.1.1 Global Small Steam Turbine Market Size Analysis by Type: 2024 & 2025 & 2032
- 6.1.2 Global Small Steam Turbine Revenue and Forecast Analysis by Type (2020-2032)
- 6.2 Global Small Steam Turbine Sales and Forecast Analysis by Type (2020-2032)
- 6.3 Global Small Steam Turbine Sales Price Trend Analysis by Type (2020-2032)
- 7 Key Companies Analysis
- 7.1 GE
- 7.1.1 GE Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.1.2 GE Small Steam Turbine Product Portfolio
- 7.1.3 GE Small Steam Turbine Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 7.2 Siemens
- 7.2.1 Siemens Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.2.2 Siemens Small Steam Turbine Product Portfolio
- 7.2.3 Siemens Small Steam Turbine Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 7.3 MHPS
- 7.3.1 MHPS Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.3.2 MHPS Small Steam Turbine Product Portfolio
- 7.3.3 MHPS Small Steam Turbine Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 7.4 MAN Power Engineering
- 7.4.1 MAN Power Engineering Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.4.2 MAN Power Engineering Small Steam Turbine Product Portfolio
- 7.4.3 MAN Power Engineering Small Steam Turbine Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 7.5 Fuji Electric
- 7.5.1 Fuji Electric Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.5.2 Fuji Electric Small Steam Turbine Product Portfolio
- 7.5.3 Fuji Electric Small Steam Turbine Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 7.6 Elliott Group
- 7.6.1 Elliott Group Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.6.2 Elliott Group Small Steam Turbine Product Portfolio
- 7.6.3 Elliott Group Small Steam Turbine Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 7.7 Doosan
- 7.7.1 Doosan Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.7.2 Doosan Small Steam Turbine Product Portfolio
- 7.7.3 Doosan Small Steam Turbine Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 7.8 Ansaldo Energia
- 7.8.1 Ansaldo Energia Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.8.2 Ansaldo Energia Small Steam Turbine Product Portfolio
- 7.8.3 Ansaldo Energia Small Steam Turbine Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 7.9 Kawasaki
- 7.9.1 Kawasaki Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.9.2 Kawasaki Small Steam Turbine Product Portfolio
- 7.9.3 Kawasaki Small Steam Turbine Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 7.10 Power Machines
- 7.10.1 Power Machines Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.10.2 Power Machines Small Steam Turbine Product Portfolio
- 7.10.3 Power Machines Small Steam Turbine Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 7.11 Toshiba
- 7.11.1 Toshiba Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.11.2 Toshiba Small St
Pricing
Currency Rates
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