Global Single-stage Steam Turbine Market Growth 2025-2031
Description
The global Single-stage Steam Turbine market size is predicted to grow from US$ 1638 million in 2025 to US$ 2164 million in 2031; it is expected to grow at a CAGR of 4.8% from 2025 to 2031.
The impact of the latest U.S. tariff measures and the corresponding policy responses from countries worldwide on market competitiveness, regional economic performance, and supply chain configurations will be comprehensively evaluated in this report.
A Single-Stage Steam Turbine is a steam turbine that uses a single set of rotating blades or a single impeller to extract energy from steam. These turbines are typically designed for lower power output applications and are simpler in construction compared to multistage turbines.
The global single-stage steam turbine market is expected to grow steadily, fueled by demand from small and medium industries. While it forms a smaller segment of the broader steam turbine market, it is critical for decentralized energy systems and industries seeking compact and cost-effective solutions.
Single-stage steam turbines remain a vital solution for industries requiring low to moderate power output with a focus on cost-efficiency and simplicity. With advancements in renewable energy integration and the rise of decentralized energy systems, the market for single-stage steam turbines is likely to see sustainable growth.
Market Trends:
Integration with Renewable Energy: Increasing use of single-stage turbines in biomass and small-scale waste-to-energy plants. Technological Improvements: Enhancements in materials and design for better durability and efficiency. Focus on Small-Scale Cogeneration: Growing adoption in small combined heat and power systems for localized operations.
Market Drivers:
Cost-Effectiveness: Lower capital and maintenance costs compared to multistage turbines, making them attractive for smaller operations. Decentralized Energy Systems: Increased adoption in localized power generation and industrial setups requiring moderate steam utilization. Industrial Automation Growth: Need for compact, reliable turbines to drive auxiliary systems in automated processes. Renewable and Waste Heat Utilization: Use in waste heat recovery systems and biomass plants for small-scale energy generation.
LP Information, Inc. (LPI) ' newest research report, the “Single-stage Steam Turbine Industry Forecast” looks at past sales and reviews total world Single-stage Steam Turbine sales in 2024, providing a comprehensive analysis by region and market sector of projected Single-stage Steam Turbine sales for 2025 through 2031. With Single-stage Steam Turbine sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Single-stage Steam Turbine industry.
This Insight Report provides a comprehensive analysis of the global Single-stage Steam Turbine landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Single-stage Steam Turbine portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Single-stage Steam Turbine market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Single-stage Steam Turbine and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Single-stage Steam Turbine.
This report presents a comprehensive overview, market shares, and growth opportunities of Single-stage Steam Turbine market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Condensing
Non-Condensing
Segmentation by Application:
Industrial
Power Generation
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Siemens
Hangzhou Steam Turbine(HTC)
Dongfang Turbine
Ebara Elliott
Mitsubishi Power
MAN Energy Solutions
Triveni Turbines
Kessels
Kawasaki Heavy Industries
Shinko
Turtle Turbines
KEPL
Chart Industries
CTMI
TGM Kanis
NG Metalúrgica
Jin Tong Ling
Shin Nippon Machinery
Key Questions Addressed in this Report
What is the 10-year outlook for the global Single-stage Steam Turbine market?
What factors are driving Single-stage Steam Turbine market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Single-stage Steam Turbine market opportunities vary by end market size?
How does Single-stage Steam Turbine break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.
The impact of the latest U.S. tariff measures and the corresponding policy responses from countries worldwide on market competitiveness, regional economic performance, and supply chain configurations will be comprehensively evaluated in this report.
A Single-Stage Steam Turbine is a steam turbine that uses a single set of rotating blades or a single impeller to extract energy from steam. These turbines are typically designed for lower power output applications and are simpler in construction compared to multistage turbines.
The global single-stage steam turbine market is expected to grow steadily, fueled by demand from small and medium industries. While it forms a smaller segment of the broader steam turbine market, it is critical for decentralized energy systems and industries seeking compact and cost-effective solutions.
Single-stage steam turbines remain a vital solution for industries requiring low to moderate power output with a focus on cost-efficiency and simplicity. With advancements in renewable energy integration and the rise of decentralized energy systems, the market for single-stage steam turbines is likely to see sustainable growth.
Market Trends:
Integration with Renewable Energy: Increasing use of single-stage turbines in biomass and small-scale waste-to-energy plants. Technological Improvements: Enhancements in materials and design for better durability and efficiency. Focus on Small-Scale Cogeneration: Growing adoption in small combined heat and power systems for localized operations.
Market Drivers:
Cost-Effectiveness: Lower capital and maintenance costs compared to multistage turbines, making them attractive for smaller operations. Decentralized Energy Systems: Increased adoption in localized power generation and industrial setups requiring moderate steam utilization. Industrial Automation Growth: Need for compact, reliable turbines to drive auxiliary systems in automated processes. Renewable and Waste Heat Utilization: Use in waste heat recovery systems and biomass plants for small-scale energy generation.
LP Information, Inc. (LPI) ' newest research report, the “Single-stage Steam Turbine Industry Forecast” looks at past sales and reviews total world Single-stage Steam Turbine sales in 2024, providing a comprehensive analysis by region and market sector of projected Single-stage Steam Turbine sales for 2025 through 2031. With Single-stage Steam Turbine sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Single-stage Steam Turbine industry.
This Insight Report provides a comprehensive analysis of the global Single-stage Steam Turbine landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Single-stage Steam Turbine portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Single-stage Steam Turbine market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Single-stage Steam Turbine and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Single-stage Steam Turbine.
This report presents a comprehensive overview, market shares, and growth opportunities of Single-stage Steam Turbine market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Condensing
Non-Condensing
Segmentation by Application:
Industrial
Power Generation
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Siemens
Hangzhou Steam Turbine(HTC)
Dongfang Turbine
Ebara Elliott
Mitsubishi Power
MAN Energy Solutions
Triveni Turbines
Kessels
Kawasaki Heavy Industries
Shinko
Turtle Turbines
KEPL
Chart Industries
CTMI
TGM Kanis
NG Metalúrgica
Jin Tong Ling
Shin Nippon Machinery
Key Questions Addressed in this Report
What is the 10-year outlook for the global Single-stage Steam Turbine market?
What factors are driving Single-stage Steam Turbine market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Single-stage Steam Turbine market opportunities vary by end market size?
How does Single-stage Steam Turbine break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.
Table of Contents
135 Pages
- *This is a tentative TOC and the final deliverable is subject to change.*
- 1 Scope of the Report
- 2 Executive Summary
- 3 Global by Company
- 4 World Historic Review for Single-stage Steam Turbine by Geographic Region
- 5 Americas
- 6 APAC
- 7 Europe
- 8 Middle East & Africa
- 9 Market Drivers, Challenges and Trends
- 10 Manufacturing Cost Structure Analysis
- 11 Marketing, Distributors and Customer
- 12 World Forecast Review for Single-stage Steam Turbine by Geographic Region
- 13 Key Players Analysis
- 14 Research Findings and Conclusion
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