Turbines Market Research Reports & Industry Analysis
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.
Turbines Industry Research & Market Reports
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Gas Turbine Services
... at a CAGR of 6.8% over the analysis period 2024-2030. Heavy Duty, one of the segments analyzed in the report, is expected to record a 6.6% CAGR and reach US$19.7 Billion by the end of ... Read More
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Microturbines
... 8.5% over the analysis period 2024-2030. Combined Heat & Power (CHP), one of the segments analyzed in the report, is expected to record a 8.8% CAGR and reach US$64.2 Million by the end of the ... Read More
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Wind Turbine Operations and Maintenance
... Billion by 2030, growing at a CAGR of 7.1% over the analysis period 2024-2030. Onshore Wind Turbine O&M, one of the segments analyzed in the report, is expected to record a 4.6% CAGR and reach ... Read More
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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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Air Starters
... CAGR of 3.8% over the analysis period 2024-2030. Turbine, 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 analysis period. ... Read More
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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
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Wind Turbine Gearbox
... at a CAGR of 6.5% over the analysis period 2024-2030. Replacement Gearbox, one of the segments analyzed in the report, is expected to record a 7.0% CAGR and reach US$17.6 Billion by the end of ... Read More
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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
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Wind Turbine Gear Oils
... 2030, growing at a CAGR of 6.5% over the analysis period 2024-2030. Synthetic Gear Oil, one of the segments analyzed in the report, is expected to record a 7.3% CAGR and reach US$330.2 Million by ... Read More
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Wind Turbine Inspection Drones
... 2030, growing at a CAGR of 12.8% over the analysis period 2024-2030. Solutions, one of the segments analyzed in the report, is expected to record a 13.6% CAGR and reach US$138.4 Billion by the end ... Read More
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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
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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
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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
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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
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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
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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
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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
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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
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Torque Converters
... CAGR of 4.0% over the analysis period 2024-2030. Automated Manual Transmission (AMT), one of the segments analyzed in the report, is expected to record a 3.4% CAGR and reach US$3.7 Billion by the end of ... Read More
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Gas Turbines
... CAGR of 5.1% over the analysis period 2024-2030. Combined Cycle, 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 the analysis ... Read More
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Automotive Electric Fuel Pumps
... 2030, growing at a CAGR of 5.9% 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
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Gas Turbine - Global Market Share and Ranking, Overall Sales and Demand Forecast 2025-2031
... the forecast period 2025-2031. North American market for Gas Turbine was valued at $ 5,742.56 million in 2024 and will reach $ 10,596.25 million by 2031, at a CAGR of 8.22% during the forecast period ... Read More
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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
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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
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Wind Turbine Castings
... at a CAGR of 7.5% over the analysis period 2024-2030. Horizontal Axis Castings, one of the segments analyzed in the report, is expected to record a 7.4% CAGR and reach US$3.2 Billion by the end ... Read More
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