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Global Industrial Steam Turbine Market

Global Industrial Steam Turbine Market

The global industrial steam turbine market is expected to increase from $􂀀 billion in 2014 to $􂀀billion in 2020, at a compound annual growth rate (CAGR) of 􂀀%.

Growth in the renewable energy market is driving the industrial steam turbine market, especially in biomass and waste-to-energy plants across Asia and in the construction of new oil refineries in Indonesia, the Middle East, and Africa.

China and Southeast Asia are expected to be key growth markets for industrial steam turbines worldwide in the future. Stable economic growth in Southeast Asia and rising renewable energy power production in China and Southeast Asia are expected to help in the growth of the market.

The forecast for total orders is expected to decline from 􂀀 gigawatts (GW) in 2015 to 􂀀 GW in 2020, representing a decline of 􂀀% over the forecast period.

The global market is expected to be stable with low growth rates as the slowing global economy reduces industrial demand.

About this report

This market engineering study tracks the current global industrial steam turbine market in various regions and forecasts the market by revenue till 2020. The study explains the various factors that act as drivers and restraints to the market and gives an overview of the various industries where industrial steam turbines are used. Both market size by units and the price of steam turbines for the forecast period are discussed, along with the expected revenue for each region worldwide. This study gives a region-wise analysis for Europe, the Middle East and Africa, Southeast Asia, China, India, North America and Rest of World, including South America, along with the revenue forecast and competitor analysis for each region. The study concludes by giving the major predictions for the Industrial steam turbine market.


  • Executive Summary
    • Key Findings
    • Market Engineering Measurements
    • CEO's Perspective
  • Market Overview
    • Market Definitions
    • Key Questions This Study Will Answer
    • Market Segmentation
  • Drivers and Restraints-Total Industrial Steam Turbine Market
    • Market Drivers
    • Drivers Explained
    • Market Restraints
    • Restraints Explained
  • Forecast and Trends-Total Industrial Steam Turbine Market
    • Market Engineering Measurements
      • Table Total Industrial Steam Turbine Market: Market Engineering Measurements, Global, 2014
    • Forecast Assumptions
    • Unit Shipment and Revenue Forecast
      • Table Total Industrial Steam Turbine Market: Unit Shipment and Revenue Forecast, Global, 2012-2020
    • Unit Shipment and Revenue Forecast Discussion
    • Pricing Trends and Forecast
      • Table Total Industrial Steam Turbine Market: Average Price for Industrial Steam Turbines in the 100 to 150 MW Range, Global, 2012-2020
    • Pricing Trends and Forecast Discussion
    • Percent Orders by Output Range
    • Percent Revenue Forecast by Region
      • Table Total Industrial Steam Turbine Market: Percent Revenue Forecast by Region, Global, 2012-2020
    • Revenue Forecast by Region
      • Table Total Industrial Steam Turbine Market: Revenue Forecast by Region, Global, 2012-2020
    • Global Hot Spots
    • Revenue Forecast Discussion by Region
  • Market Share and Competitive Analysis-Total Industrial Steam Turbine Market
    • Market Share
    • Market Share Analysis
      • Table Total Industrial Steam Turbine Market: Company Market Share Analysis of Top 5 Participants, Global, 2014
    • Competitive Environment
    • Top Competitors
    • Competitive Factors and Assessment
  • End-user Analysis
    • End Users for Industrial Steam Turbines
    • Industry Key Findings-Chemicals
    • Industry Key Findings-Oil and Gas/Refineries and Petrochemicals
    • Industry Key Findings-Sugar and Ethanol Plants/Metals and Mining
    • Industry Key Findings-Paper and Pulp/CSP
    • Industry Key Findings-Biomass and Waste-to-energy Plants
    • Key regions for End-users
  • North America Analysis
    • Key Findings
    • Revenue Forecast
      • Table Industrial Steam Turbine Market: Revenue Forecast, North America, 2012-2020
    • Revenue Forecast Discussion
    • Market Share
    • Competitive Environment
    • Top Competitors
  • Europe Analysis
    • Key Findings
    • Revenue Forecast
      • Table Industrial Steam Turbine Market: Revenue Forecast, Europe, 2012-2020
    • Revenue Forecast Discussion
    • Market Share
    • Competitive Environment
    • Top Competitors
  • Middle East and Africa Analysis
    • Key Findings
    • Revenue Forecast
      • Table Industrial Steam Turbine Market: Revenue Forecast, Middle East and Africa, 2012-2020
    • Revenue Forecast Discussion
    • Market Share
    • Competitive Environment
    • Top Competitors
  • China Analysis
    • Key Findings
    • Revenue Forecast
      • Table Industrial Steam Turbine Market: Revenue Forecast, China, 2012-2020
    • Revenue Forecast Discussion
    • Market Share
    • Competitive Environment
  • India Analysis
    • Key Findings
    • Revenue Forecast
      • Table Industrial Steam Turbine Market: Revenue Forecast, India, 2012-2020
    • Revenue Forecast Discussion
    • Market Share
    • Competitive Environment
    • Top Competitors
  • Southeast Asia Analysis
    • Key Findings
    • Revenue Forecast
      • Table Industrial Steam Turbine Market: Revenue Forecast, Southeast Asia, 2012-2020
    • Revenue Forecast Discussion
    • Market Share
    • Competitive Environment
  • Rest of World Analysis
    • Key Findings
    • Revenue Forecast
      • Table Industrial Steam Turbine Market: Revenue Forecast, ROW, 2012-2020
    • Revenue Forecast Discussion
    • Competitive Environment
  • The Last Word
    • The Last Word-3 Big Predictions
  • Appendix
    • Market Engineering Methodology
    • List of "Others"
    • Partial List of Companies Interviewed

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