Global Steam Turbine Market 2015-2019

Global Steam Turbine Market 2015-2019

About Steam Turbine

Steam turbines are used to convert thermal energy of steam into mechanical energy with the help of blades attached to a rotor. Rotation of the turbine starts when high pressurized steam passes through a series of rotor blades.

TechNavio's analysts forecast the Global Steam Turbine market to grow at a CAGR of 3.0 percent over the period 2014-2019.

Covered in this Report

The Global Steam Turbine market has been segmented based on geography and capacity.

TechNavio's report, Global Steam Turbine Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, and the EMEA and APAC regions; it also covers the Global Steam Turbine market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.

Key Regions

  • Americas
  • APAC
  • EMEA
Key Vendors
  • Alstom
  • Dongfang Electric Corporation (DEC)
  • Elliot Group
  • GE Energy
  • Hangzhou Steam Turbine
  • Harbin Turbine
  • Nanjing Turbine & Electric Machinery (Group)
  • Shandong Qingneng Power (QNP)
  • Shanghai Electric Group
  • Siemens
Other Prominent Vendors
  • China Chang Jiang Energy
  • Doosan Skoda Power
  • GuangZhou SKODA-JINMA Turbine
  • Mitsubishi Hitachi Power Systems
  • Sokeo Power
  • Triveni Group
Market Driver
  • Increased Demand for Electricity
  • For a full, detailed list, view our report
Market Challenge
  • Emphasis on Gas-fired Power Generation
  • For a full, detailed list, view our report
Market Trend
  • Reaching Maturing Stage
  • For a full, detailed list, view our report
Key Questions Answered in this Report
  • What will the market size be in 2019 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

TechNavio Announces the Publication of its Research Report – Global Steam Turbine Market 2015-2019

TechNavio recognizes the following companies as the key players in the Global Steam Turbine Market: Alstom SA, Dongfang Electric Corporation (DEC) Ltd., Elliot Group, GE Energy, Hangzhou Steam Turbine Co. Ltd., Harbin Turbine Co. Ltd., Nanjing Turbine & Electric Machinery (Group) Co. Ltd., Shandong Qingneng Power (QNP) Co. Ltd., Shanghai Electric Group Co. Ltd. and Siemens AG.

Other Prominent Vendors in the market are: China Chang Jiang Energy, GuangZhou SKODA-JINMA Turbine, Mitsubishi Hitachi Power Systems, Sokeo Power and Triveni Group.

Commenting on the report, an analyst from TechNavio’s team said: “One major trend observed is the market reaching the maturity stage. Thermal power generation is the most developed technology for power generation. High investment can be seen in technologies such as renewable energy sources and gas turbine-based thermal power plants.”

According to the report, increased demand for electricity because of the increase in population and industrialization is one of the key drivers of the market. Rapid industrial development in many developing countries has significantly increased the demand for power and is likely to continue in the coming years.

Further, the report states that one of the key challenges in this market is the increased emphasis on gas-fired power generation. The increased focus on reducing carbon emissions has forced several vendors and governments to shift focus from traditional power generation to alternative sources such as gas-fired power generation, which will help reduce carbon emissions.Alstom, Dongfang Electric Corporation (DEC) , Elliot Group, GE Energy, Hangzhou Steam Turbine , Harbin Turbine , Nanjing Turbine & Electric Machinery (Group) , Shandong Qingneng Power (QNP) , Shanghai Electric Group , Siemens , China Chang Jiang Energy, Doosan SkodaPower, GuangZhou SKODA-JINMA Turbine, Mitsubishi Hitachi Power Systems, Sokeo Power , Triveni Group

  • Executive Summary
  • List of Abbreviations
  • Scope of the Report
    • Market Overview
    • Product Offerings
  • Market Research Methodology
    • Market Research Process
    • Research Methodology
      • Table Market Research Methodology
  • Introduction
    • Table Schematic Diagram of Steam Turbine-based Power Plant
  • Market Landscape
    • Market Overview
    • Market Size and Forecast
      • Table Global Steam Turbine Market 2014-2019 (US$ billion)
    • Five Forces Analysis
  • Market Segmentation by Capacity
    • Global Steam Turbine Market by Capacity 2014-2019
      • Table Global Steam Turbine Market by Capacity 2014-2019
    • Global 350+ MW Steam Turbine Market
      • Market Size and Forecast
        • Table Global 350+ MW Steam Turbine Market 2014-2019 (US$ billion)
    • Global 121-350 MW Steam Turbine Market
      • Market Size and Forecast
        • Table Global 121-350 MW Steam Turbine Market 2014-2019 (US$ billion)
    • Global 1-120 MW Steam Turbine Market
      • Market Size and Forecast
        • Table Global 1-120 MW Steam Turbine Market 2014-2019 (US$ billion)
  • Geographical Segmentation
    • Global Steam Turbine Market by Geographical Segmentation 2014-2019
      • Table Global Steam Turbine Market by Geographical Segmentation 2014
      • Table Global Steam Turbine Market by Geographical Segmentation 2019
      • Table Global Steam Turbine Market by Geographical Segmentation 2014-2019 (US$ billion)
      • Table Global Steam Turbine Market by Geographical Segmentation 2014-2019
    • Steam Turbine Market in APAC Region
      • Market Size and Forecast
        • Table Steam Turbine Market in APAC Region 2014-2019 (US$ billion)
    • Steam Turbine Market in Americas
      • Market Size and Forecast
        • Table Steam Turbine Market in Americas 2014-2019 (US$ billion)
    • Steam Turbine Market in EMEA Region
      • Market Size and Forecast
        • Table Steam Turbine Market in EMEA Region 2014-2019 (US$ billion)
  • Key Leading Countries
    • China
    • US
    • India
  • Buying Criteria
  • Market Growth Drivers
  • Drivers and their Impact
  • Market Challenges
  • Impact of Drivers and Challenges
  • Market Trends
  • Trends and their Impact
  • Vendor Landscape
    • Competitive Scenario
      • Key News
    • Other Prominent Vendors
  • Key Vendor Analysis
    • Alstom
      • Key Facts
      • Business Overview
      • Business Segmentation by Revenue 2014
        • Table Alstom: Business Segmentation by Revenue 2014
      • Business Segmentation by Revenue 2013 and 2014
        • Table Alstom: Business Segmentation by Revenue 2013 and 2014 (US$ billion)
      • Geographical Segmentation by Revenue 2014
        • Table Alstom: Geographical Segmentation by Revenue 2014
      • Business Strategy
      • Recent Developments
      • SWOT Analysis
    • DEC
      • Key Facts
      • Business Overview
      • Business Segmentation by Revenue 2013
        • Table DEC: Business Segmentation by Revenue 2013
      • Business Segmentation By Revenue 2012 and 2013
        • Table DEC: Business Segmentation By Revenue 2012 and 2013 (US$ million)
      • Geographic Segmentation by Revenue 2013
        • Table DEC: Geographic Segmentation by Revenue 2013
      • Business Strategy
      • SWOT Analysis
    • Elliott
      • Key Facts
      • Business Overview
      • Geographical Segmentation
        • Table Elliott: Geographical Segmentation
      • Business Strategy
      • SWOT Analysis
    • GE Energy
      • Key Facts
      • Business Description
      • Business Segmentation
        • Table GE Energy: Business Segmentation
      • Business Strategy
      • Revenue Segmentation by Business
        • Table GE Energy: Revenue Segmentation for FY2013
        • Table Revenue Comparison by Segments for FY2013 and FY2012 (in US$ million)
      • Key Developments
      • SWOT Analysis
    • Hangzhou Steam Turbine
      • Key Facts
      • Business Overview
      • Business Segmentation by Revenue 2013
        • Table Hangzhou Steam Turbine: Business Segmentation by Revenue 2013
      • Business Segmentation by Revenue 2012 and 2013
        • Table Hangzhou Steam Turbine: Business Segmentation by Revenue 2012 and 2013 (US$ million)
      • Product Segmentation by Revenue 2013
        • Table Hangzhou Steam Turbine: Product Segmentation by Revenue 2013
      • Geographical Segmentation by Revenue 2013
        • Table Hangzhou Steam Turbine: Geographical Segmentation by Revenue 2013
      • Business Strategy
      • SWOT Analysis
    • Harbin Turbine
      • Key Facts
      • Business Overview
      • Recent Developments
      • SWOT Analysis
    • Nanjing Turbine & Electric Machinery
      • Key Facts
      • Business Overview
      • SWOT Analysis
    • QNP
      • Key Facts
      • Business Overview
      • Product Segmentation
        • Table QNP: Product Segmentation
      • Geographical Presence
        • Table QNP: Geographical Presence
      • SWOT Analysis
    • Shanghai Electric Group
      • Key Facts
      • Business Overview
      • Business Segmentation by Revenue 2013
        • Table Shanghai Electric Group: Business Segmentation by Revenue 2013
      • Business Segmentation by Revenue 2012 and 2013
        • Table Shanghai Electric Group: Business Segmentation by Revenue 2012 and 2013 (US$ million)
      • Geographical Segmentation by Revenue 2013
        • Table Shanghai Electric Group: Geographical Segmentation by Revenue 2013
      • Business Strategy
      • Recent Developments
      • SWOT Analysis
    • Siemens
      • Key Facts
      • Business Description
      • Business Segmentation
        • Table Siemens: Business Segmentation 2013
      • Revenue by Business Segmentation
        • Table Siemens: Revenue by Business Segmentation 2013
      • Revenue Comparison by Business Segmentation 2012 and 2013
        • Table Siemens: Revenue by Business Segmentation 2012 and 2013 (US$ billion)
      • Sales by Geography
        • Table Siemens: Revenue by Geographical Segmentation 2013
      • Business Strategy
      • Recent Developments
      • SWOT Analysis
  • Other Reports in this Series

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook