Steam Turbine Market Size and Forecast (2021 - 2031), Global and Regional Share, Trend, and Growth Opportunity Analysis Report Coverage: By Type (Impulse Turbine and Reaction Turbine), Source (Fossil Fuel, Thermal Renewable, and Others), End User (Power G
Description
The steam turbine market size was valued at US$17.79 billion in 2024 and is expected to reach US$21.64 billion by 2031; it is estimated to record a CAGR of 2.75% from 2025 to 2031.
The steam turbine market is segmented into five major regions—North America, Europe, Asia Pacific (APAC), the Middle East & Africa (MEA), and South & Central America. Asia Pacific dominated the market in 2024, followed by the Middle East and Africa and North America, respectively.
The steam turbine market in Australia occupies a modest but niche within the country’s broader energy and industrial landscape. Steam turbines in Australia are primarily deployed in thermal power plants—especially in coal, natural‑gas, and biomass-fired facilities—where they convert high-pressure steam into mechanical energy to generate electricity. A dual tension influences the market: on one side lies Australia’s energy transition toward renewables; on the other, there remains a strong role for reliable baseload generation, which steam‑turbine‑driven thermal plants continue to provide. Aging steam turbine fleets in existing thermal plants are prompting demand for maintenance, upgrades, and retrofits. In May 2024, the New South Wales (NSW) government and Origin Energy agreed to extend the life of the Eraring Power Station—Australia’s largest coal‑fired plant—until August 2027. The government underwrites this extension to manage reliability risks as renewables and storage infrastructure scale up.
Steam turbine market future trend: Growing focus on grid support and ancillary services is defining the future trend for the global steam turbine market, especially as grids worldwide contend with rising shares of intermittent renewable generation. Flexible steam turbines, including those in combined cycle and CHP installations, are increasingly recognized for their critical contributions to system stability, grid balancing, and reliable reserve capacity. Modern turbines are engineered or retrofitted to deliver essential services such as rotational inertia, fast frequency response, reactive power, and voltage regulation, functions that become ever more valuable as conventional baseload power declines and renewables surge. Utilities and transmission operators are pursuing innovative programs to upgrade or repurpose legacy steam turbines as synchronous condensers and inertia boosters. In Europe and North America, several operators have converted retired steam assets to synchronous condensers, supporting regional grid initiatives designed to strengthen frequency control and stability in high-renewable environments. Projects such as Germany's grid stability plan and the US PJM Reliability initiatives feature dedicated steam turbine-based solutions to handle periods of wind and solar intermittency.
Baker Hughes Co ; Chart Industries Inc ; GE Vernova Inc ; Siemens Energy AG ; Turtle Turbines (P) Ltd. ; Trillium Flow Technologies ; Triveni Turbine Ltd. ; Dongturbo Electric Company Ltd. (DTEC) ; Arabelle Solutions (EDF) ; M+M Turbinen-Technik GmbH ; Everllence ; Ansaldo Energia S.p.A. are among the key players profiled during this market study. Several other essential market players were also studied and analyzed to get a holistic view of the global steam turbine market and its ecosystem.
The overall steam turbine market size has been derived using both primary and secondary sources. Exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the steam turbine market size. The process also helps obtain an overview and forecast of the market with respect to all the market segments. Also, multiple primary interviews have been conducted with industry participants to validate the data and gain analytical insights. This process includes industry experts such as VPs, business development managers, market intelligence managers, and national sales managers, along with external consultants such as valuation experts, research analysts, and key opinion leaders specializing in the steam turbine market.
Reasons to Buy
Saves and reduces time required for identifying the market growth, size, leading players, and segments in the global Steam Turbine market.
Highlights key business priorities to assist companies in realigning their business strategies
Emphasizes key findings and recommendations that uncover emerging industry trends in the global Steam Turbine market, enabling stakeholders across the value chain to craft effective long-term strategies
Develop/modify business expansion plans by analyzing substantial growth prospects in mature and emerging markets
Scrutinizes in-depth global Steam Turbine market trends, along with factors driving the market, as well as those hindering it
Enhances the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution
The steam turbine market is segmented into five major regions—North America, Europe, Asia Pacific (APAC), the Middle East & Africa (MEA), and South & Central America. Asia Pacific dominated the market in 2024, followed by the Middle East and Africa and North America, respectively.
The steam turbine market in Australia occupies a modest but niche within the country’s broader energy and industrial landscape. Steam turbines in Australia are primarily deployed in thermal power plants—especially in coal, natural‑gas, and biomass-fired facilities—where they convert high-pressure steam into mechanical energy to generate electricity. A dual tension influences the market: on one side lies Australia’s energy transition toward renewables; on the other, there remains a strong role for reliable baseload generation, which steam‑turbine‑driven thermal plants continue to provide. Aging steam turbine fleets in existing thermal plants are prompting demand for maintenance, upgrades, and retrofits. In May 2024, the New South Wales (NSW) government and Origin Energy agreed to extend the life of the Eraring Power Station—Australia’s largest coal‑fired plant—until August 2027. The government underwrites this extension to manage reliability risks as renewables and storage infrastructure scale up.
Steam turbine market future trend: Growing focus on grid support and ancillary services is defining the future trend for the global steam turbine market, especially as grids worldwide contend with rising shares of intermittent renewable generation. Flexible steam turbines, including those in combined cycle and CHP installations, are increasingly recognized for their critical contributions to system stability, grid balancing, and reliable reserve capacity. Modern turbines are engineered or retrofitted to deliver essential services such as rotational inertia, fast frequency response, reactive power, and voltage regulation, functions that become ever more valuable as conventional baseload power declines and renewables surge. Utilities and transmission operators are pursuing innovative programs to upgrade or repurpose legacy steam turbines as synchronous condensers and inertia boosters. In Europe and North America, several operators have converted retired steam assets to synchronous condensers, supporting regional grid initiatives designed to strengthen frequency control and stability in high-renewable environments. Projects such as Germany's grid stability plan and the US PJM Reliability initiatives feature dedicated steam turbine-based solutions to handle periods of wind and solar intermittency.
Baker Hughes Co ; Chart Industries Inc ; GE Vernova Inc ; Siemens Energy AG ; Turtle Turbines (P) Ltd. ; Trillium Flow Technologies ; Triveni Turbine Ltd. ; Dongturbo Electric Company Ltd. (DTEC) ; Arabelle Solutions (EDF) ; M+M Turbinen-Technik GmbH ; Everllence ; Ansaldo Energia S.p.A. are among the key players profiled during this market study. Several other essential market players were also studied and analyzed to get a holistic view of the global steam turbine market and its ecosystem.
The overall steam turbine market size has been derived using both primary and secondary sources. Exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the steam turbine market size. The process also helps obtain an overview and forecast of the market with respect to all the market segments. Also, multiple primary interviews have been conducted with industry participants to validate the data and gain analytical insights. This process includes industry experts such as VPs, business development managers, market intelligence managers, and national sales managers, along with external consultants such as valuation experts, research analysts, and key opinion leaders specializing in the steam turbine market.
Reasons to Buy
Saves and reduces time required for identifying the market growth, size, leading players, and segments in the global Steam Turbine market.
Highlights key business priorities to assist companies in realigning their business strategies
Emphasizes key findings and recommendations that uncover emerging industry trends in the global Steam Turbine market, enabling stakeholders across the value chain to craft effective long-term strategies
Develop/modify business expansion plans by analyzing substantial growth prospects in mature and emerging markets
Scrutinizes in-depth global Steam Turbine market trends, along with factors driving the market, as well as those hindering it
Enhances the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution
Table of Contents
250 Pages
- 1. Introduction
- 1.1 Report Guidance
- 1.2 Market Segmentation
- 2. Executive Summary
- 2.1 Analyst Market Outlook
- 2.2 Market Attractiveness
- 3. Research Methodology
- 3.1 Secondary Research
- 3.2 Primary Research
- 3.2.1 Hypothesis formulation:
- 3.2.2 Macro-economic factor analysis:
- 3.2.3 Developing base number:
- 3.2.4 Data Triangulation:
- 3.2.5 Country level data:
- 3.3 Assumptions and Limitations
- 4. Steam Turbine Market Landscape
- 4.1 Overview
- 4.2 PEST Analysis
- 4.3 Ecosystem Analysis
- 4.3.1 Raw Material Providers
- 4.3.2 Steam Turbine Manufacturers
- 4.3.3 Distributors / Suppliers
- 4.3.4 End Users
- 4.3.5 List of Vendors in the Value Chain
- 5. Steam Turbine Market – Key Market Dynamics
- 5.1 Steam Turbine Market – Key Market Dynamics
- 5.2 Market Drivers
- 5.2.1 Decarbonization Policies and Efficiency Upgrades
- 5.2.2 Industrial and CHP Expansion
- 5.3 Market Restraints
- 5.3.1 Competition from Alternative Energy Solutions
- 5.3.2 High Capital Investment and Cost Barriers
- 5.4 Market Opportunities
- 5.4.1 Integration with Low-Carbon and Hybrid Energy Systems
- 5.4.2 Digitalization, Predictive Maintenance, and Service Innovation
- 5.4.3 Combined Cycle Power Plant Growth
- 5.5 Future Trends
- 5.5.1 Modularity and Customization
- 5.5.2 Growing Focus on Grid Support and Ancillary Services
- 5.6 Impact of Drivers and Restraints:
- 6. Steam Turbine Market – Global Market Analysis
- 6.1 Steam Turbine Market Revenue (US$ Million), 2021–2031
- 6.2 Steam Turbine Market Forecast Analysis
- 7. Steam Turbine Market Analysis – by Type
- 7.1 Impulse Turbine
- 7.1.1 Overview
- 7.1.2 Impulse Turbine: Steam Turbine Market – Revenue and Forecast to 2031 (US$ Million)
- 7.2 Reaction Turbine
- 7.2.1 Overview
- 7.2.2 Reaction Turbine: Steam Turbine Market – Revenue and Forecast to 2031 (US$ Million)
- 8. Steam Turbine Market Analysis – by Source
- 8.1 Fossil Fuel
- 8.1.1 Overview
- 8.1.2 Fossil Fuel: Steam Turbine Market – Revenue and Forecast to 2031 (US$ Million)
- 8.2 Thermal Renewable
- 8.2.1 Overview
- 8.2.2 Thermal Renewable: Steam Turbine Market – Revenue and Forecast to 2031 (US$ Million)
- 8.3 Others
- 8.3.1 Overview
- 8.3.2 Others: Steam Turbine Market – Revenue and Forecast to 2031 (US$ Million)
- 9. Steam Turbine Market Analysis – by End User
- 9.1 Power Generation
- 9.1.1 Overview
- 9.1.2 Power Generation: Steam Turbine Market – Revenue and Forecast to 2031 (US$ Million)
- 9.2 Oil and Gas
- 9.2.1 Overview
- 9.2.2 Oil and Gas: Steam Turbine Market – Revenue and Forecast to 2031 (US$ Million)
- 9.3 Others
- 9.3.1 Overview
- 9.3.2 Others: Steam Turbine Market – Revenue and Forecast to 2031 (US$ Million)
- 10. Steam Turbine Market Analysis – by Capacity
- 10.1 Less than 10 MW
- 10.1.1 Overview
- 10.1.2 Less than 10 MW: Steam Turbine Market – Revenue and Forecast to 2031 (US$ Million)
- 10.2 10 MW to 100 MW
- 10.2.1 Overview
- 10.2.2 10 MW to 100 MW: Steam Turbine Market – Revenue and Forecast to 2031 (US$ Million)
- 10.3 100 MW to 300 MW
- 10.3.1 Overview
- 10.3.2 100 MW to 300 MW: Steam Turbine Market – Revenue and Forecast to 2031 (US$ Million)
- 10.4 Above 300 MW
- 10.4.1 Overview
- 10.4.2 Above 300 MW: Steam Turbine Market – Revenue and Forecast to 2031 (US$ Million)
- 11. Steam Turbine Market – Geographical Analysis
- 11.1 Overview
- 11.2 North America
- 11.2.1 North America Steam Turbine Market Overview
- 11.2.2 North America: Steam Turbine Market – Revenue, 2021–2031 (US$ Million)
- 11.2.3 North America: Steam Turbine Market Breakdown, by Type
- 11.2.3.1 North America: Steam Turbine Market – Revenue and Forecast Analysis – by Type
- 11.2.4 North America: Steam Turbine Market Breakdown, by Source
- 11.2.4.1 North America: Steam Turbine Market – Revenue and Forecast Analysis – by Source
- 11.2.5 North America: Steam Turbine Market Breakdown, by End User
- 11.2.5.1 North America: Steam Turbine Market – Revenue and Forecast Analysis – by End User
- 11.2.6 North America: Steam Turbine Market Breakdown, by Capacity
- 11.2.6.1 North America: Steam Turbine Market – Revenue and Forecast Analysis – by Capacity
- 11.2.7 North America: Steam Turbine Market – Revenue and Forecast Analysis – by Country
- 11.2.7.1 North America: Steam Turbine Market – Revenue and Forecast Analysis – by Country
- 11.2.7.2 US: Steam Turbine Market – Revenue and Forecast, 2021–2031 (US$ Million)
- 11.2.7.2.1 US: Steam Turbine Market Breakdown, by Type
- 11.2.7.2.2 US: Steam Turbine Market Breakdown, by Source
- 11.2.7.2.3 US: Steam Turbine Market Breakdown, by End User
- 11.2.7.2.4 US: Steam Turbine Market Breakdown, by Capacity
- 11.2.7.3 Canada: Steam Turbine Market – Revenue and Forecast, 2021–2031 (US$ Million)
- 11.2.7.3.1 Canada: Steam Turbine Market Breakdown, by Type
- 11.2.7.3.2 Canada: Steam Turbine Market Breakdown, by Source
- 11.2.7.3.3 Canada: Steam Turbine Market Breakdown, by End User
- 11.2.7.3.4 Canada: Steam Turbine Market Breakdown, by Capacity
- 11.2.7.4 Mexico: Steam Turbine Market – Revenue and Forecast, 2021–2031 (US$ Million)
- 11.2.7.4.1 Mexico: Steam Turbine Market Breakdown, by Type
- 11.2.7.4.2 Mexico: Steam Turbine Market Breakdown, by Source
- 11.2.7.4.3 Mexico: Steam Turbine Market Breakdown, by End User
- 11.2.7.4.4 Mexico: Steam Turbine Market Breakdown, by Capacity
- 11.3 Europe
- 11.3.1 Europe Steam Turbine Market Overview
- 11.3.2 Europe: Steam Turbine Market – Revenue, 2021–2031 (US$ Million)
- 11.3.3 Europe: Steam Turbine Market Breakdown, by Type
- 11.3.3.1 Europe: Steam Turbine Market – Revenue and Forecast Analysis – by Type
- 11.3.4 Europe: Steam Turbine Market Breakdown, by Source
- 11.3.4.1 Europe: Steam Turbine Market – Revenue and Forecast Analysis – by Source
- 11.3.5 Europe: Steam Turbine Market Breakdown, by End User
- 11.3.5.1 Europe: Steam Turbine Market – Revenue and Forecast Analysis – by End User
- 11.3.6 Europe: Steam Turbine Market Breakdown, by Capacity
- 11.3.6.1 Europe: Steam Turbine Market – Revenue and Forecast Analysis – by Capacity
- 11.3.7 Europe: Steam Turbine Market – Revenue and Forecast Analysis – by Country
- 11.3.7.1 Europe: Steam Turbine Market – Revenue and Forecast Analysis – by Country
- 11.3.7.2 Germany: Steam Turbine Market – Revenue and Forecast, 2021–2031 (US$ Million)
- 11.3.7.2.1 Germany: Steam Turbine Market Breakdown, by Type
- 11.3.7.2.2 Germany: Steam Turbine Market Breakdown, by Source
- 11.3.7.2.3 Germany: Steam Turbine Market Breakdown, by End User
- 11.3.7.2.4 Germany: Steam Turbine Market Breakdown, by Capacity
- 11.3.7.3 France: Steam Turbine Market – Revenue and Forecast, 2021–2031 (US$ Million)
- 11.3.7.3.1 France: Steam Turbine Market Breakdown, by Type
- 11.3.7.3.2 France: Steam Turbine Market Breakdown, by Source
- 11.3.7.3.3 France: Steam Turbine Market Breakdown, by End User
- 11.3.7.3.4 France: Steam Turbine Market Breakdown, by Capacity
- 11.3.7.4 Italy: Steam Turbine Market – Revenue and Forecast, 2021–2031 (US$ Million)
- 11.3.7.4.1 Italy: Steam Turbine Market Breakdown, by Type
- 11.3.7.4.2 Italy: Steam Turbine Market Breakdown, by Source
- 11.3.7.4.3 Italy: Steam Turbine Market Breakdown, by End User
- 11.3.7.4.4 Italy: Steam Turbine Market Breakdown, by Capacity
- 11.3.7.5 United Kingdom: Steam Turbine Market – Revenue and Forecast, 2021–2031 (US$ Million)
- 11.3.7.5.1 United Kingdom: Steam Turbine Market Breakdown, by Type
- 11.3.7.5.2 United Kingdom: Steam Turbine Market Breakdown, by Source
- 11.3.7.5.3 United Kingdom: Steam Turbine Market Breakdown, by End User
- 11.3.7.5.4 United Kingdom: Steam Turbine Market Breakdown, by Capacity
- 11.3.7.6 Spain: Steam Turbine Market – Revenue and Forecast, 2021–2031 (US$ Million)
- 11.3.7.6.1 Spain: Steam Turbine Market Breakdown, by Type
- 11.3.7.6.2 Spain: Steam Turbine Market Breakdown, by Source
- 11.3.7.6.3 Spain: Steam Turbine Market Breakdown, by End User
- 11.3.7.6.4 Spain: Steam Turbine Market Breakdown, by Capacity
- 11.3.7.7 Rest of Europe: Steam Turbine Market – Revenue and Forecast, 2021–2031 (US$ Million)
- 11.3.7.7.1 Rest of Europe: Steam Turbine Market Breakdown, by Type
- 11.3.7.7.2 Rest of Europe: Steam Turbine Market Breakdown, by Source
- 11.3.7.7.3 Rest of Europe: Steam Turbine Market Breakdown, by End User
- 11.3.7.7.4 Rest of Europe: Steam Turbine Market Breakdown, by Capacity
- 11.4 Asia Pacific
- 11.4.1 Asia Pacific Steam Turbine Market Overview
- 11.4.2 Asia Pacific: Steam Turbine Market – Revenue, 2021–2031 (US$ Million)
- 11.4.3 Asia Pacific: Steam Turbine Market Breakdown, by Type
- 11.4.3.1 Asia Pacific: Steam Turbine Market – Revenue and Forecast Analysis – by Type
- 11.4.4 Asia Pacific: Steam Turbine Market Breakdown, by Source
- 11.4.4.1 Asia Pacific: Steam Turbine Market – Revenue and Forecast Analysis – by Source
- 11.4.5 Asia Pacific: Steam Turbine Market Breakdown, by End User
- 11.4.5.1 Asia Pacific: Steam Turbine Market – Revenue and Forecast Analysis – by End User
- 11.4.6 Asia Pacific: Steam Turbine Market Breakdown, by Capacity
- 11.4.6.1 Asia Pacific: Steam Turbine Market – Revenue and Forecast Analysis – by Capacity
- 11.4.7 Asia Pacific: Steam Turbine Market – Revenue and Forecast Analysis – by Country
- 11.4.7.1 Asia Pacific: Steam Turbine Market – Revenue and Forecast Analysis – by Country
- 11.4.7.2 Australia: Steam Turbine Market – Revenue and Forecast, 2021–2031 (US$ Million)
- 11.4.7.2.1 Australia: Steam Turbine Market Breakdown, by Type
- 11.4.7.2.2 Australia: Steam Turbine Market Breakdown, by Source
- 11.4.7.2.3 Australia: Steam Turbine Market Breakdown, by End User
- 11.4.7.2.4 Australia: Steam Turbine Market Breakdown, by Capacity
- 11.4.7.3 China: Steam Turbine Market – Revenue and Forecast, 2021–2031 (US$ Million)
- 11.4.7.3.1 China: Steam Turbine Market Breakdown, by Type
- 11.4.7.3.2 China: Steam Turbine Market Breakdown, by Source
- 11.4.7.3.3 China: Steam Turbine Market Breakdown, by End User
- 11.4.7.3.4 China: Steam Turbine Market Breakdown, by Capacity
- 11.4.7.4 India: Steam Turbine Market – Revenue and Forecast, 2021–2031 (US$ Million)
- 11.4.7.4.1 India: Steam Turbine Market Breakdown, by Type
- 11.4.7.4.2 India: Steam Turbine Market Breakdown, by Source
- 11.4.7.4.3 India: Steam Turbine Market Breakdown, by End User
- 11.4.7.4.4 India: Steam Turbine Market Breakdown, by Capacity
- 11.4.7.5 Japan: Steam Turbine Market – Revenue and Forecast, 2021–2031 (US$ Million)
- 11.4.7.5.1 Japan: Steam Turbine Market Breakdown, by Type
- 11.4.7.5.2 Japan: Steam Turbine Market Breakdown, by Source
- 11.4.7.5.3 Japan: Steam Turbine Market Breakdown, by End User
- 11.4.7.5.4 Japan: Steam Turbine Market Breakdown, by Capacity
- 11.4.7.6 South Korea: Steam Turbine Market – Revenue and Forecast, 2021–2031 (US$ Million)
- 11.4.7.6.1 South Korea: Steam Turbine Market Breakdown, by Type
- 11.4.7.6.2 South Korea: Steam Turbine Market Breakdown, by Source
- 11.4.7.6.3 South Korea: Steam Turbine Market Breakdown, by End User
- 11.4.7.6.4 South Korea: Steam Turbine Market Breakdown, by Capacity
- 11.4.7.7 Rest of Asia Pacific: Steam Turbine Market – Revenue and Forecast, 2021–2031 (US$ Million)
- 11.4.7.7.1 Rest of Asia Pacific: Steam Turbine Market Breakdown, by Type
- 11.4.7.7.2 Rest of Asia Pacific: Steam Turbine Market Breakdown, by Source
- 11.4.7.7.3 Rest of Asia Pacific: Steam Turbine Market Breakdown, by End User
- 11.4.7.7.4 Rest of Asia Pacific: Steam Turbine Market Breakdown, by Capacity
- 11.5 Middle East and Africa
- 11.5.1 Middle East and Africa Steam Turbine Market Overview
- 11.5.2 Middle East and Africa: Steam Turbine Market – Revenue, 2021–2031 (US$ Million)
- 11.5.3 Middle East and Africa: Steam Turbine Market Breakdown, by Type
- 11.5.3.1 Middle East and Africa: Steam Turbine Market – Revenue and Forecast Analysis – by Type
- 11.5.4 Middle East and Africa: Steam Turbine Market Breakdown, by Source
- 11.5.4.1 Middle East and Africa: Steam Turbine Market – Revenue and Forecast Analysis – by Source
- 11.5.5 Middle East and Africa: Steam Turbine Market Breakdown, by End User
- 11.5.5.1 Middle East and Africa: Steam Turbine Market – Revenue and Forecast Analysis – by End User
- 11.5.6 Middle East and Africa: Steam Turbine Market Breakdown, by Capacity
- 11.5.6.1 Middle East and Africa: Steam Turbine Market – Revenue and Forecast Analysis – by Capacity
- 11.5.7 Middle East and Africa: Steam Turbine Market – Revenue and Forecast Analysis – by Country
- 11.5.7.1 Middle East and Africa: Steam Turbine Market – Revenue and Forecast Analysis – by Country
- 11.5.7.2 South Africa: Steam Turbine Market – Revenue and Forecast, 2021–2031 (US$ Million)
- 11.5.7.2.1 South Africa: Steam Turbine Market Breakdown, by Type
- 11.5.7.2.2 South Africa: Steam Turbine Market Breakdown, by Source
- 11.5.7.2.3 South Africa: Steam Turbine Market Breakdown, by End User
- 11.5.7.2.4 South Africa: Steam Turbine Market Breakdown, by Capacity
- 11.5.7.3 Saudi Arabia: Steam Turbine Market – Revenue and Forecast, 2021–2031 (US$ Million)
- 11.5.7.3.1 Saudi Arabia: Steam Turbine Market Breakdown, by Type
- 11.5.7.3.2 Saudi Arabia: Steam Turbine Market Breakdown, by Source
- 11.5.7.3.3 Saudi Arabia: Steam Turbine Market Breakdown, by End User
- 11.5.7.3.4 Saudi Arabia: Steam Turbine Market Breakdown, by Capacity
- 11.5.7.4 UAE: Steam Turbine Market – Revenue and Forecast, 2021–2031 (US$ Million)
- 11.5.7.4.1 UAE: Steam Turbine Market Breakdown, by Type
- 11.5.7.4.2 UAE: Steam Turbine Market Breakdown, by Source
- 11.5.7.4.3 UAE: Steam Turbine Market Breakdown, by End User
- 11.5.7.4.4 UAE: Steam Turbine Market Breakdown, by Capacity
- 11.5.7.5 Rest of Middle East and Africa: Steam Turbine Market – Revenue and Forecast, 2021–2031 (US$ Million)
- 11.5.7.5.1 Rest of Middle East and Africa: Steam Turbine Market Breakdown, by Type
- 11.5.7.5.2 Rest of Middle East and Africa: Steam Turbine Market Breakdown, by Source
- 11.5.7.5.3 Rest of Middle East and Africa: Steam Turbine Market Breakdown, by End User
- 11.5.7.5.4 Rest of Middle East and Africa: Steam Turbine Market Breakdown, by Capacity
- 11.6 South America
- 11.6.1 South America Steam Turbine Market Overview
- 11.6.2 South America: Steam Turbine Market – Revenue, 2021–2031 (US$ Million)
- 11.6.3 South America: Steam Turbine Market Breakdown, by Type
- 11.6.3.1 South America: Steam Turbine Market – Revenue and Forecast Analysis – by Type
- 11.6.4 South America: Steam Turbine Market Breakdown, by Source
- 11.6.4.1 South America: Steam Turbine Market – Revenue and Forecast Analysis – by Source
- 11.6.5 South America: Steam Turbine Market Breakdown, by End User
- 11.6.5.1 South America: Steam Turbine Market – Revenue and Forecast Analysis – by End User
- 11.6.6 South America: Steam Turbine Market Breakdown, by Capacity
- 11.6.6.1 South America: Steam Turbine Market – Revenue and Forecast Analysis – by Capacity
- 11.6.7 South America: Steam Turbine Market – Revenue and Forecast Analysis – by Country
- 11.6.7.1 South America: Steam Turbine Market – Revenue and Forecast Analysis – by Country
- 11.6.7.2 Brazil: Steam Turbine Market – Revenue and Forecast, 2021–2031 (US$ Million)
- 11.6.7.2.1 Brazil: Steam Turbine Market Breakdown, by Type
- 11.6.7.2.2 Brazil: Steam Turbine Market Breakdown, by Source
- 11.6.7.2.3 Brazil: Steam Turbine Market Breakdown, by End User
- 11.6.7.2.4 Brazil: Steam Turbine Market Breakdown, by Capacity
- 11.6.7.3 Argentina: Steam Turbine Market – Revenue and Forecast, 2021–2031 (US$ Million)
- 11.6.7.3.1 Argentina: Steam Turbine Market Breakdown, by Type
- 11.6.7.3.2 Argentina: Steam Turbine Market Breakdown, by Source
- 11.6.7.3.3 Argentina: Steam Turbine Market Breakdown, by End User
- 11.6.7.3.4 Argentina: Steam Turbine Market Breakdown, by Capacity
- 11.6.7.4 Rest of South America: Steam Turbine Market – Revenue and Forecast, 2021–2031 (US$ Million)
- 11.6.7.4.1 Rest of South America: Steam Turbine Market Breakdown, by Type
- 11.6.7.4.2 Rest of South America: Steam Turbine Market Breakdown, by Source
- 11.6.7.4.3 Rest of South America: Steam Turbine Market Breakdown, by End User
- 11.6.7.4.4 Rest of South America: Steam Turbine Market Breakdown, by Capacity
- 12. Competitive Landscape
- 12.1 Heat Map Analysis by Key Players
- 12.2 Company Market Share Analysis, 2024
- 13. Industry Landscape
- 13.1 Overview
- 13.2 Market Initiative
- 13.3 Merger and Acquisition
- 14. Company Profiles
- 14.1 Siemens Energy AG
- 14.1.1 Key Facts
- 14.1.2 Business Description
- 14.1.3 Products and Services
- 14.1.4 Financial Overview
- 14.1.5 SWOT Analysis
- 14.1.6 Key Developments
- 14.2 GE Vernova Inc.
- 14.2.1 Key Facts
- 14.2.2 Business Description
- 14.2.3 Products and Services
- 14.2.4 Financial Overview
- 14.2.5 SWOT Analysis
- 14.2.6 Key Developments
- 14.3 Chart Industries Inc
- 14.3.1 Key Facts
- 14.3.2 Business Description
- 14.3.3 Products and Services
- 14.3.4 Financial Overview
- 14.3.5 SWOT Analysis
- 14.3.6 Key Developments
- 14.4 Baker Hughes Co
- 14.4.1 Key Facts
- 14.4.2 Business Description
- 14.4.3 Products and Services
- 14.4.4 Financial Overview
- 14.4.5 SWOT Analysis
- 14.4.6 Key Developments
- 14.5 Trillium Flow Technologies
- 14.5.1 Key Facts
- 14.5.2 Business Description
- 14.5.3 Products and Services
- 14.5.4 Financial Overview
- 14.5.5 SWOT Analysis
- 14.5.6 Key Developments
- 14.6 Triveni Turbine Ltd.
- 14.6.1 Key Facts
- 14.6.2 Business Description
- 14.6.3 Products and Services
- 14.6.4 Financial Overview
- 14.6.5 SWOT Analysis
- 14.6.6 Key Developments
- 14.7 Dongturbo Electric Company Ltd. (DTEC)
- 14.7.1 Key Facts
- 14.7.2 Business Description
- 14.7.3 Products and Services
- 14.7.4 Financial Overview
- 14.7.5 SWOT Analysis
- 14.7.6 Key Developments
- 14.8 Arabelle Solutions (EDF)
- 14.8.1 Key Facts
- 14.8.2 Business Description
- 14.8.3 Products and Services
- 14.8.4 Financial Overview
- 14.8.5 SWOT Analysis
- 14.8.6 Key Developments
- 14.9 Turtle Turbines (P) Ltd.
- 14.9.1 Key Facts
- 14.9.2 Business Description
- 14.9.3 Products and Services
- 14.9.4 Financial Overview
- 14.9.5 SWOT Analysis
- 14.9.6 Key Developments
- 14.10 M+M Turbinen-Technik GmbH
- 14.10.1 Key Facts
- 14.10.2 Business Description
- 14.10.3 Products and Services
- 14.10.4 Financial Overview
- 14.10.5 SWOT Analysis
- 14.10.6 Key Developments
- 14.11 Everllence
- 14.11.1 Key Facts
- 14.11.2 Business Description
- 14.11.3 Products and Services
- 14.11.4 Financial Overview
- 14.11.5 SWOT Analysis
- 14.11.6 Key Developments
- 14.12 Ansaldo Energia S.p.A.
- 14.12.1 Key Facts
- 14.12.2 Business Description
- 14.12.3 Products and Services
- 14.12.4 Financial Overview
- 14.12.5 SWOT Analysis
- 14.12.6 Key Developments
- 15. Appendix
- 15.1 About The Insight Partners
- LIST OF TABLES
- Table 1. Steam Turbine Market Segmentation
- Table 2. List of Vendors
- Table 3. Steam Turbine Market – Revenue, 2021–2024 (US$ Million)
- Table 4. Steam Turbine Market – Revenue Forecast, 2025–2031 (US$ Million)
- Table 5. Steam Turbine Market – Revenue, 2021–2024 (US$ Million) – by Type
- Table 6. Steam Turbine Market – Revenue Forecast, 2025–2031 (US$ Million) – by Type
- Table 7. Steam Turbine Market – Revenue, 2021–2024 (US$ Million) – by Source
- Table 8. Steam Turbine Market – Revenue Forecast, 2025–2031 (US$ Million) – by Source
- Table 9. Steam Turbine Market – Revenue, 2021–2024 (US$ Million) – by End User
- Table 10. Steam Turbine Market – Revenue Forecast, 2025–2031 (US$ Million) – by End User
- Table 11. Steam Turbine Market – Revenue, 2021–2024 (US$ Million) – by Capacity
- Table 12. Steam Turbine Market – Revenue Forecast, 2025–2031 (US$ Million) – by Capacity
- Table 13. North America: Steam Turbine Market – Revenue, 2021–2024 (US$ Million) – by Type
- Table 14. North America: Steam Turbine Market – Revenue Forecast, 2025–2031 (US$ Million) – by Type
- Table 15. North America: Steam Turbine Market – Revenue, 2021–2024 (US$ Million) – by Source
- Table 16. North America: Steam Turbine Market – Revenue Forecast, 2025–2031 (US$ Million) – by Source
- Table 17. North America: Steam Turbine Market – Revenue, 2021–2024 (US$ Million) – by End User
- Table 18. North America: Steam Turbine Market – Revenue Forecast, 2025–2031 (US$ Million) – by End User
- Table 19. North America: Steam Turbine Market – Revenue, 2021–2024 (US$ Million) – by Capacity
- Table 20. North America: Steam Turbine Market – Revenue Forecast, 2025–2031 (US$ Million) – by Capacity
- Table 21. North America: Steam Turbine Market – Revenue, 2021–2024 (US$ Million) – by Country
- Table 22. North America: Steam Turbine Market – Revenue Forecast, 2025–2031 (US$ Million) – by Country
- Table 23. US: Steam Turbine Market – Revenue, 2021–2024 (US$ Million) – by Type
- Table 24. US: Steam Turbine Market – Revenue Forecast, 2025–2031 (US$ Million) – by Type
- Table 25. US: Steam Turbine Market – Revenue, 2021–2024 (US$ Million) – by Source
- Table 26. US: Steam Turbine Market – Revenue Forecast, 2025–2031 (US$ Million) – by Source
- Table 27. US: Steam Turbine Market – Revenue, 2021–2024 (US$ Million) – by End User
- Table 28. US: Steam Turbine Market – Revenue Forecast, 2025–2031 (US$ Million) – by End User
- Table 29. US: Steam Turbine Market – Revenue, 2021–2024 (US$ Million) – by Capacity
- Table 30. US: Steam Turbine Market – Revenue Forecast, 2025–2031 (US$ Million) – by Capacity
- Table 31. Canada: Steam Turbine Market – Revenue, 2021–2024 (US$ Million) – by Type
- Table 32. Canada: Steam Turbine Market – Revenue Forecast, 2025–2031 (US$ Million) – by Type
- Table 33. Canada: Steam Turbine Market – Revenue, 2021–2024 (US$ Million) – by Source
- Table 34. Canada: Steam Turbine Market – Revenue Forecast, 2025–2031 (US$ Million) – by Source
- Table 35. Canada: Steam Turbine Market – Revenue, 2021–2024 (US$ Million) – by End User
- Table 36. Canada: Steam Turbine Market – Revenue Forecast, 2025–2031 (US$ Million) – by End User
- Table 37. Canada: Steam Turbine Market – Revenue, 2021–2024 (US$ Million) – by Capacity
- Table 38. Canada: Steam Turbine Market – Revenue Forecast, 2025–2031 (US$ Million) – by Capacity
- Table 39. Mexico: Steam Turbine Market – Revenue, 2021–2024 (US$ Million) – by Type
- Table 40. Mexico: Steam Turbine Market – Revenue Forecast, 2025–2031 (US$ Million) – by Type
- Table 41. Mexico: Steam Turbine Market – Revenue, 2021–2024 (US$ Million) – by Source
- Table 42. Mexico: Steam Turbine Market – Revenue Forecast, 2025–2031 (US$ Million) – by Source
- Table 43. Mexico: Steam Turbine Market – Revenue, 2021–2024 (US$ Million) – by End User
- Table 44. Mexico: Steam Turbine Market – Revenue Forecast, 2025–2031 (US$ Million) – by End User
- Table 45. Mexico: Steam Turbine Market – Revenue, 2021–2024 (US$ Million) – by Capacity
- Table 46. Mexico: Steam Turbine Market – Revenue Forecast, 2025–2031 (US$ Million) – by Capacity
- Table 47. Europe: Steam Turbine Market – Revenue, 2021–2024 (US$ Million) – by Type
- Table 48. Europe: Steam Turbine Market – Revenue Forecast, 2025–2031 (US$ Million) – by Type
- Table 49. Europe: Steam Turbine Market – Revenue, 2021–2024 (US$ Million) – by Source
- Table 50. Europe: Steam Turbine Market – Revenue Forecast, 2025–2031 (US$ Million) – by Source
- Table 51. Europe: Steam Turbine Market – Revenue, 2021–2024 (US$ Million) – by End User
- Table 52. Europe: Steam Turbine Market – Revenue Forecast, 2025–2031 (US$ Million) – by End User
- Table 53. Europe: Steam Turbine Market – Revenue, 2021–2024 (US$ Million) – by Capacity
- Table 54. Europe: Steam Turbine Market – Revenue Forecast, 2025–2031 (US$ Million) – by Capacity
- Table 55. Europe: Steam Turbine Market – Revenue, 2021–2024 (US$ Million) – by Country
- Table 56. Europe: Steam Turbine Market – Revenue Forecast, 2025–2031 (US$ Million) – by Country
- Table 57. Germany: Steam Turbine Market – Revenue, 2021–2024 (US$ Million) – by Type
- Table 58. Germany: Steam Turbine Market – Revenue Forecast, 2025–2031 (US$ Million) – by Type
- Table 59. Germany: Steam Turbine Market – Revenue, 2021–2024 (US$ Million) – by Source
- Table 60. Germany: Steam Turbine Market – Revenue Forecast, 2025–2031 (US$ Million) – by Source
- Table 61. Germany: Steam Turbine Market – Revenue, 2021–2024 (US$ Million) – by End User
- Table 62. Germany: Steam Turbine Market – Revenue Forecast, 2025–2031 (US$ Million) – by End User
- Table 63. Germany: Steam Turbine Market – Revenue, 2021–2024 (US$ Million) – by Capacity
- Table 64. Germany: Steam Turbine Market – Revenue Forecast, 2025–2031 (US$ Million) – by Capacity
- Table 65. France: Steam Turbine Market – Revenue, 2021–2024 (US$ Million) – by Type
- Table 66. France: Steam Turbine Market – Revenue Forecast, 2025–2031 (US$ Million) – by Type
- Table 67. France: Steam Turbine Market – Revenue, 2021–2024 (US$ Million) – by Source
- Table 68. France: Steam Turbine Market – Revenue Forecast, 2025–2031 (US$ Million) – by Source
- Table 69. France: Steam Turbine Market – Revenue, 2021–2024 (US$ Million) – by End User
- Table 70. France: Steam Turbine Market – Revenue Forecast, 2025–2031 (US$ Million) – by End User
- Table 71. France: Steam Turbine Market – Revenue, 2021–2024 (US$ Million) – by Capacity
- Table 72. France: Steam Turbine Market – Revenue Forecast, 2025–2031 (US$ Million) – by Capacity
- Table 73. Italy: Steam Turbine Market – Revenue, 2021–2024 (US$ Million) – by Type
- Table 74. Italy: Steam Turbine Market – Revenue Forecast, 2025–2031 (US$ Million) – by Type
- Table 75. Italy: Steam Turbine Market – Revenue, 2021–2024 (US$ Million) – by Source
- Table 76. Italy: Steam Turbine Market – Revenue Forecast, 2025–2031 (US$ Million) – by Source
- Table 77. Italy: Steam Turbine Market – Revenue, 2021–2024 (US$ Million) – by End User
- Table 78. Italy: Steam Turbine Market – Revenue Forecast, 2025–2031 (US$ Million) – by End User
- Table 79. Italy: Steam Turbine Market – Revenue, 2021–2024 (US$ Million) – by Capacity
- Table 80. Italy: Steam Turbine Market – Revenue Forecast, 2025–2031 (US$ Million) – by Capacity
- Table 81. United Kingdom: Steam Turbine Market – Revenue, 2021–2024 (US$ Million) – by Type
- Table 82. United Kingdom: Steam Turbine Market – Revenue Forecast, 2025–2031 (US$ Million) – by Type
- Table 83. United Kingdom: Steam Turbine Market – Revenue, 2021–2024 (US$ Million) – by Source
- Table 84. United Kingdom: Steam Turbine Market – Revenue Forecast, 2025–2031 (US$ Million) – by Source
- Table 85. United Kingdom: Steam Turbine Market – Revenue, 2021–2024 (US$ Million) – by End User
- Table 86. United Kingdom: Steam Turbine Market – Revenue Forecast, 2025–2031 (US$ Million) – by End User
- Table 87. United Kingdom: Steam Turbine Market – Revenue, 2021–2024 (US$ Million) – by Capacity
- Table 88. United Kingdom: Steam Turbine Market – Revenue Forecast, 2025–2031 (US$ Million) – by Capacity
- Table 89. Spain: Steam Turbine Market – Revenue, 2021–2024 (US$ Million) – by Type
- Table 90. Spain: Steam Turbine Market – Revenue Forecast, 2025–2031 (US$ Million) – by Type
- Table 91. Spain: Steam Turbine Market – Revenue, 2021–2024 (US$ Million) – by Source
- Table 92. Spain: Steam Turbine Market – Revenue Forecast, 2025–2031 (US$ Million) – by Source
- Table 93. Spain: Steam Turbine Market – Revenue, 2021–2024 (US$ Million) – by End User
- Table 94. Spain: Steam Turbine Market – Revenue Forecast, 2025–2031 (US$ Million) – by End User
- Table 95. Spain: Steam Turbine Market – Revenue, 2021–2024 (US$ Million) – by Capacity
- Table 96. Spain: Steam Turbine Market – Revenue Forecast, 2025–2031 (US$ Million) – by Capacity
- Table 97. Rest of Europe: Steam Turbine Market – Revenue, 2021–2024 (US$ Million) – by Type
- Table 98. Rest of Europe: Steam Turbine Market – Revenue Forecast, 2025–2031 (US$ Million) – by Type
- Table 99. Rest of Europe: Steam Turbine Market – Revenue, 2021–2024 (US$ Million) – by Source
- Table 100. Rest of Europe: Steam Turbine Market – Revenue Forecast, 2025–2031 (US$ Million) – by Source
- Table 101. Rest of Europe: Steam Turbine Market – Revenue, 2021–2024 (US$ Million) – by End User
- Table 102. Rest of Europe: Steam Turbine Market – Revenue Forecast, 2025–2031 (US$ Million) – by End User
- Table 103. Rest of Europe: Steam Turbine Market – Revenue, 2021–2024 (US$ Million) – by Capacity
- Table 104. Rest of Europe: Steam Turbine Market – Revenue Forecast, 2025–2031 (US$ Million) – by Capacity
- Table 105. Asia Pacific: Steam Turbine Market – Revenue, 2021–2024 (US$ Million) – by Type
- Table 106. Asia Pacific: Steam Turbine Market – Revenue Forecast, 2025–2031 (US$ Million) – by Type
- Table 107. Asia Pacific: Steam Turbine Market – Revenue, 2021–2024 (US$ Million) – by Source
- Table 108. Asia Pacific: Steam Turbine Market – Revenue Forecast, 2025–2031 (US$ Million) – by Source
- Table 109. Asia Pacific: Steam Turbine Market – Revenue, 2021–2024 (US$ Million) – by End User
- Table 110. Asia Pacific: Steam Turbine Market – Revenue Forecast, 2025–2031 (US$ Million) – by End User
- Table 111. Asia Pacific: Steam Turbine Market – Revenue, 2021–2024 (US$ Million) – by Capacity
- Table 112. Asia Pacific: Steam Turbine Market – Revenue Forecast, 2025–2031 (US$ Million) – by Capacity
- Table 113. Asia Pacific: Steam Turbine Market – Revenue, 2021–2024 (US$ Million) – by Country
- Table 114. Asia Pacific: Steam Turbine Market – Revenue Forecast, 2025–2031 (US$ Million) – by Country
- Table 115. Australia: Steam Turbine Market – Revenue, 2021–2024 (US$ Million) – by Type
- Table 116. Australia: Steam Turbine Market – Revenue Forecast, 2025–2031 (US$ Million) – by Type
- Table 117. Australia: Steam Turbine Market – Revenue, 2021–2024 (US$ Million) – by Source
- Table 118. Australia: Steam Turbine Market – Revenue Forecast, 2025–2031 (US$ Million) – by Source
- Table 119. Australia: Steam Turbine Market – Revenue, 2021–2024 (US$ Million) – by End User
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