Turbines Market Research Reports & Industry Analysis

A turbine is a rotary engine that extracts energy from a fluid flow and converts it into useful work.

The simplest turbines have one moving part, a rotor assembly, which is a shaft or drum with blades attached. Moving fluid acts on the blades, or the blades react to the flow, so that they move and impart rotational energy to the rotor. Early turbine examples are windmills and water wheels.

The latest U.S. census estimates indicate that there are more than 16,000 companies operating in the NAICS codes identified for wind turbine components and these companies employ more than 1 million employees, with an annual payroll of more than $35 billion. But with the U.S. still in recession recovery mode, these businesses are rapidly finding ways to cut costs and streamline payroll. Meanwhile, the shortage of wind turbines supply domestically is leading to an accelerating demand for new production.

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Turbines Industry Research & Market Reports

  • Wind Turbine Decommissioning Services

    ... 2030, growing at a CAGR of 12.2% over the analysis period 2024-2030. Large Wind Turbine Decommissioning, one of the segments analyzed in the report, is expected to record a 11.2% CAGR and reach US$1.8 Billion ... Read More

  • Automotive Electric Fuel Pumps

    ... 2030, growing at a CAGR of 5.8% over the analysis period 2024-2030. Brushed DC, one of the segments analyzed in the report, is expected to record a 5.4% CAGR and reach US$12.3 Billion by the ... Read More

  • Cogeneration Equipment

    ... CAGR of 9.0% over the analysis period 2024-2030. Natural Gas, one of the segments analyzed in the report, is expected to record a 9.7% CAGR and reach US$34.3 Billion by the end of the analysis ... Read More

  • Organic Rankine Cycle

    ... at a CAGR of 20.3% over the analysis period 2024-2030. Geothermal, one of the segments analyzed in the report, is expected to record a 20.6% CAGR and reach US$1.4 Billion by the end of the ... Read More

  • Gas Turbine Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

    ... Factors such as lower operating costs, lower emissions, and high-power density are expected to drive the market's growth. Increasing demand for electricity across the world, advancements in the technologies leading to an increase in shale ... Read More

  • Steam Turbine For Power Generation Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

    ... (2025-2030). Key Highlights Over the medium term, the increasing penetration of natural gas for power generation, along with the development of gas transportation infrastructure, is expected to drive significant growth in the global steam turbine ... Read More

  • Wind Turbine Rotor Blades

    ... 2030, growing at a CAGR of 8.6% over the analysis period 2024-2030. Above 60 Meters Length, one of the segments analyzed in the report, is expected to record a 9.3% CAGR and reach US$15.7 Billion ... Read More

  • Aircraft Micro Turbine Engines

    ... 2030, growing at a CAGR of 4.9% over the analysis period 2024-2030. Turboshaft, one of the segments analyzed in the report, is expected to record a 5.5% CAGR and reach US$2.5 Billion by the end ... Read More

  • Gas Turbines

    ... CAGR of 5.1% over the analysis period 2024-2030. Combined Cycle Gas Turbines, one of the segments analyzed in the report, is expected to record a 5.4% CAGR and reach US$28.8 Billion by the end of ... Read More

  • Wind Turbine Brakes

    ... at a CAGR of 3.2% over the analysis period 2024-2030. Mechanical Brakes, one of the segments analyzed in the report, is expected to record a 3.5% CAGR and reach US$1.6 Billion by the end of ... Read More

  • Turbine Oils

    ... CAGR of 5.8% over the analysis period 2024-2030. Mineral Oil-based Turbine Oil, one of the segments analyzed in the report, is expected to record a 5.8% CAGR and reach US$921.2 Million by the end of ... Read More

  • Wind Turbine Foundation

    ... at a CAGR of 4.5% over the analysis period 2024-2030. Onshore, one of the segments analyzed in the report, is expected to record a 4.3% CAGR and reach US$26.0 Billion by the end of the ... Read More

  • Gas Turbine Services (UK) - Industry Report

    ... Seek out the most attractive acquisition opportunities • Analyse industry trends • Benchmark their own financial performance Using an exclusive methodology, a quick glance of this Gas Turbine Services (UK) report will tell you the ... Read More

  • Turbines

    ... 5.7% over the analysis period 2024-2030. Wind Turbines, one of the segments analyzed in the report, is expected to record a 8.7% CAGR and reach US$99.4 Billion by the end of the analysis period. Growth ... Read More

  • Microturbines

    ... 8.4% over the analysis period 2024-2030. 12 KW–50 KW Microturbines, one of the segments analyzed in the report, is expected to record a 5.7% CAGR and reach US$13.2 Million by the end of the analysis ... Read More

  • Turboexpanders

    ... 4.9% over the analysis period 2024-2030. Radial Flow, one of the segments analyzed in the report, is expected to record a 4.7% CAGR and reach US$806.2 Million by the end of the analysis period. Growth ... Read More

  • Wind Turbine Shaft

    ... at a CAGR of 5.4% over the analysis period 2024-2030. Generator Shaft, one of the segments analyzed in the report, is expected to record a 5.8% CAGR and reach US$5.2 Billion by the end of ... Read More

  • Wind Turbine Towers

    ... at a CAGR of 6.2% over the analysis period 2024-2030. Tubular Steel Towers, one of the segments analyzed in the report, is expected to record a 5.9% CAGR and reach US$26.5 Billion by the end ... Read More

  • Air Starters

    ... CAGR of 3.8% over the analysis period 2024-2030. Turbine Air Starters, one of the segments analyzed in the report, is expected to record a 4.2% CAGR and reach US$320.9 Million by the end of the ... Read More

  • Turbocompressors

    ... 6.1% over the analysis period 2024-2030. Centrifugal Turbocompressors, one of the segments analyzed in the report, is expected to record a 5.7% CAGR and reach US$18.1 Billion by the end of the analysis period. Growth ... Read More

  • Wind Turbine Bearings

    ... at a CAGR of 8.4% over the analysis period 2024-2030. On-Shore Application, one of the segments analyzed in the report, is expected to record a 8.2% CAGR and reach US$21.6 Billion by the end of ... Read More

  • Steam Turbines

    ... CAGR of 3.5% over the analysis period 2024-2030. Up to 150 MW, one of the segments analyzed in the report, is expected to record a 4.0% CAGR and reach US$5.3 Billion by the end of ... Read More

  • Gear Oils

    ... CAGR of 2.4% over the analysis period 2024-2030. Mineral Oil, one of the segments analyzed in the report, is expected to record a 2.6% CAGR and reach US$5.0 Billion by the end of the analysis ... Read More

  • Gas Turbine Upgrades For Performance Enhancement

    ... reach US$28.4 Billion by 2030, growing at a CAGR of 6.0% over the analysis period 2024-2030. Combined Cycle, one of the segments analyzed in the report, is expected to record a 6.3% CAGR and reach ... Read More

  • Turbine Inlet Cooling Systems

    ... 2030, growing at a CAGR of 4.6% over the analysis period 2024-2030. Mechanical Chillers, one of the segments analyzed in the report, is expected to record a 4.5% CAGR and reach US$2.9 Billion by the ... Read More

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