Global Waste-to-energy Steam Turbine Market Growth 2025-2031
Description
The global Waste-to-energy Steam Turbine market size is predicted to grow from US$ 1173 million in 2025 to US$ 1548 million in 2031; it is expected to grow at a CAGR of 4.7% 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 waste-to-energy (WTE) steam turbine is a device designed to convert thermal energy derived from the combustion of municipal solid waste (MSW) or industrial waste into mechanical energy. This mechanical energy is then used to generate electricity. Waste-to-energy systems offer dual benefits by managing waste and producing renewable energy, contributing to a circular economy.
The waste-to-energy steam turbine market is poised for growth as nations prioritize sustainable waste disposal and renewable energy production. Technological advancements, coupled with supportive regulatory frameworks, are expected to propel the market forward in the coming years.
Market Size and Growth Drivers:
Rising Waste Generation: Increasing volumes of municipal and industrial waste drive demand for sustainable waste management solutions. Energy Demand: WTE plants provide a renewable energy source, supplementing traditional energy systems. Government Support: Policies and subsidies promoting renewable energy and waste management boost market growth. Urbanization: Growing urban populations increase waste production, necessitating effective disposal and energy recovery.
Key Trends:
Circular Economy Initiatives: Waste-to-energy plants support zero-waste goals by converting non-recyclable waste into energy. Technological Innovation: Advancements in turbine efficiency and emission controls improve WTE plant viability. Public-Private Partnerships: Collaboration between governments and private companies accelerates WTE infrastructure development.
Challenges:
High Initial Costs: Significant capital investment required for WTE plants and turbine installations. Environmental Concerns: Combustion processes produce emissions, requiring strict regulatory compliance. Competition with Recycling: Policies emphasizing recycling over waste incineration may limit market growth.
LP Information, Inc. (LPI) ' newest research report, the “Waste-to-energy Steam Turbine Industry Forecast” looks at past sales and reviews total world Waste-to-energy Steam Turbine sales in 2024, providing a comprehensive analysis by region and market sector of projected Waste-to-energy Steam Turbine sales for 2025 through 2031. With Waste-to-energy Steam Turbine sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Waste-to-energy Steam Turbine industry.
This Insight Report provides a comprehensive analysis of the global Waste-to-energy 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 Waste-to-energy Steam Turbine portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Waste-to-energy Steam Turbine market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Waste-to-energy 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 Waste-to-energy Steam Turbine.
This report presents a comprehensive overview, market shares, and growth opportunities of Waste-to-energy 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 Waste-to-energy Steam Turbine market?
What factors are driving Waste-to-energy Steam Turbine market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Waste-to-energy Steam Turbine market opportunities vary by end market size?
How does Waste-to-energy 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 waste-to-energy (WTE) steam turbine is a device designed to convert thermal energy derived from the combustion of municipal solid waste (MSW) or industrial waste into mechanical energy. This mechanical energy is then used to generate electricity. Waste-to-energy systems offer dual benefits by managing waste and producing renewable energy, contributing to a circular economy.
The waste-to-energy steam turbine market is poised for growth as nations prioritize sustainable waste disposal and renewable energy production. Technological advancements, coupled with supportive regulatory frameworks, are expected to propel the market forward in the coming years.
Market Size and Growth Drivers:
Rising Waste Generation: Increasing volumes of municipal and industrial waste drive demand for sustainable waste management solutions. Energy Demand: WTE plants provide a renewable energy source, supplementing traditional energy systems. Government Support: Policies and subsidies promoting renewable energy and waste management boost market growth. Urbanization: Growing urban populations increase waste production, necessitating effective disposal and energy recovery.
Key Trends:
Circular Economy Initiatives: Waste-to-energy plants support zero-waste goals by converting non-recyclable waste into energy. Technological Innovation: Advancements in turbine efficiency and emission controls improve WTE plant viability. Public-Private Partnerships: Collaboration between governments and private companies accelerates WTE infrastructure development.
Challenges:
High Initial Costs: Significant capital investment required for WTE plants and turbine installations. Environmental Concerns: Combustion processes produce emissions, requiring strict regulatory compliance. Competition with Recycling: Policies emphasizing recycling over waste incineration may limit market growth.
LP Information, Inc. (LPI) ' newest research report, the “Waste-to-energy Steam Turbine Industry Forecast” looks at past sales and reviews total world Waste-to-energy Steam Turbine sales in 2024, providing a comprehensive analysis by region and market sector of projected Waste-to-energy Steam Turbine sales for 2025 through 2031. With Waste-to-energy Steam Turbine sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Waste-to-energy Steam Turbine industry.
This Insight Report provides a comprehensive analysis of the global Waste-to-energy 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 Waste-to-energy Steam Turbine portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Waste-to-energy Steam Turbine market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Waste-to-energy 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 Waste-to-energy Steam Turbine.
This report presents a comprehensive overview, market shares, and growth opportunities of Waste-to-energy 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 Waste-to-energy Steam Turbine market?
What factors are driving Waste-to-energy Steam Turbine market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Waste-to-energy Steam Turbine market opportunities vary by end market size?
How does Waste-to-energy 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
106 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 Waste-to-energy 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 Waste-to-energy Steam Turbine by Geographic Region
- 13 Key Players Analysis
- 14 Research Findings and Conclusion
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