Global Single-stage Thermal Power Steam Turbine Market Growth 2025-2031
Description
The global Single-stage Thermal Power Steam Turbine market size is predicted to grow from US$ 609 million in 2025 to US$ 796 million in 2031; it is expected to grow at a CAGR of 4.5% 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 thermal power steam turbine is a mechanical device that converts thermal energy from steam into mechanical energy in a single stage of expansion. It typically consists of one set of nozzles and one row of blades where steam expands and transfers energy to the turbine shaft. Single-stage turbines are compact, relatively simple, and commonly used in low-power applications or processes requiring limited energy output, such as small industrial plants, waste heat recovery systems, and auxiliary power generation.
The market for single-stage thermal power steam turbines is driven by demand in industries where efficient small-scale power generation or process heating is required. Key factors influencing the market include increasing energy efficiency requirements, a rise in small-scale industrial applications, and advancements in turbine technology.
Market Drivers
Industrial Growth: Expanding industries like food processing, chemical manufacturing, and textiles rely on small-scale steam turbines for combined heat and power (CHP) applications. Energy Efficiency Focus: Increased emphasis on reducing energy wastage has fueled the adoption of single-stage turbines for applications like waste heat recovery. Cost-Effectiveness: Lower initial costs and maintenance needs compared to multi-stage turbines make them attractive for small-scale projects.
Market Restraints
Limited Capacity: Single-stage turbines are not suitable for high-power or large-scale applications. Competition from Alternative Technologies: Technologies like gas turbines and reciprocating engines may limit market penetration.
Market Opportunities
Renewable Energy Integration: Using single-stage turbines in renewable energy systems, such as biomass or concentrated solar power (CSP), offers new growth opportunities. Emerging Economies: Rapid industrialization in regions like Asia-Pacific and Africa is driving the need for small-scale energy solutions.
LP Information, Inc. (LPI) ' newest research report, the “Single-stage Thermal Power Steam Turbine Industry Forecast” looks at past sales and reviews total world Single-stage Thermal Power Steam Turbine sales in 2024, providing a comprehensive analysis by region and market sector of projected Single-stage Thermal Power Steam Turbine sales for 2025 through 2031. With Single-stage Thermal Power 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 Thermal Power Steam Turbine industry.
This Insight Report provides a comprehensive analysis of the global Single-stage Thermal Power 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 Thermal Power 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 Thermal Power Steam Turbine market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Single-stage Thermal Power 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 Thermal Power Steam Turbine.
This report presents a comprehensive overview, market shares, and growth opportunities of Single-stage Thermal Power Steam Turbine market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Non-Condensing Steam Turbine
Condensing Steam Turbine
Segmentation by Application:
Closed
Open
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.
General Electric
Siemens
Dongfang Turbine
Shanghai Electric
Hangzhou Steam Turbine(HTC)
Harbin Electric Corporation
Mitsubishi Power
MAN Energy Solutions
Fuji Electric
Ebara Elliott
Doosan
Ansaldo
Kawasaki Heavy Industries
Power Machines
Key Questions Addressed in this Report
What is the 10-year outlook for the global Single-stage Thermal Power Steam Turbine market?
What factors are driving Single-stage Thermal Power Steam Turbine market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Single-stage Thermal Power Steam Turbine market opportunities vary by end market size?
How does Single-stage Thermal Power 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 thermal power steam turbine is a mechanical device that converts thermal energy from steam into mechanical energy in a single stage of expansion. It typically consists of one set of nozzles and one row of blades where steam expands and transfers energy to the turbine shaft. Single-stage turbines are compact, relatively simple, and commonly used in low-power applications or processes requiring limited energy output, such as small industrial plants, waste heat recovery systems, and auxiliary power generation.
The market for single-stage thermal power steam turbines is driven by demand in industries where efficient small-scale power generation or process heating is required. Key factors influencing the market include increasing energy efficiency requirements, a rise in small-scale industrial applications, and advancements in turbine technology.
Market Drivers
Industrial Growth: Expanding industries like food processing, chemical manufacturing, and textiles rely on small-scale steam turbines for combined heat and power (CHP) applications. Energy Efficiency Focus: Increased emphasis on reducing energy wastage has fueled the adoption of single-stage turbines for applications like waste heat recovery. Cost-Effectiveness: Lower initial costs and maintenance needs compared to multi-stage turbines make them attractive for small-scale projects.
Market Restraints
Limited Capacity: Single-stage turbines are not suitable for high-power or large-scale applications. Competition from Alternative Technologies: Technologies like gas turbines and reciprocating engines may limit market penetration.
Market Opportunities
Renewable Energy Integration: Using single-stage turbines in renewable energy systems, such as biomass or concentrated solar power (CSP), offers new growth opportunities. Emerging Economies: Rapid industrialization in regions like Asia-Pacific and Africa is driving the need for small-scale energy solutions.
LP Information, Inc. (LPI) ' newest research report, the “Single-stage Thermal Power Steam Turbine Industry Forecast” looks at past sales and reviews total world Single-stage Thermal Power Steam Turbine sales in 2024, providing a comprehensive analysis by region and market sector of projected Single-stage Thermal Power Steam Turbine sales for 2025 through 2031. With Single-stage Thermal Power 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 Thermal Power Steam Turbine industry.
This Insight Report provides a comprehensive analysis of the global Single-stage Thermal Power 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 Thermal Power 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 Thermal Power Steam Turbine market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Single-stage Thermal Power 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 Thermal Power Steam Turbine.
This report presents a comprehensive overview, market shares, and growth opportunities of Single-stage Thermal Power Steam Turbine market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Non-Condensing Steam Turbine
Condensing Steam Turbine
Segmentation by Application:
Closed
Open
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.
General Electric
Siemens
Dongfang Turbine
Shanghai Electric
Hangzhou Steam Turbine(HTC)
Harbin Electric Corporation
Mitsubishi Power
MAN Energy Solutions
Fuji Electric
Ebara Elliott
Doosan
Ansaldo
Kawasaki Heavy Industries
Power Machines
Key Questions Addressed in this Report
What is the 10-year outlook for the global Single-stage Thermal Power Steam Turbine market?
What factors are driving Single-stage Thermal Power Steam Turbine market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Single-stage Thermal Power Steam Turbine market opportunities vary by end market size?
How does Single-stage Thermal Power 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
119 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 Thermal Power 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 Thermal Power Steam Turbine by Geographic Region
- 13 Key Players Analysis
- 14 Research Findings and Conclusion
Pricing
Currency Rates
Questions or Comments?
Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.
