Steam Turbine Global Market By Manufacturers, Technology, Application, Trends, Product Type, End User, Regions, Growth Analysis And Forecast To 2031

The global steam turbine market size is expected to grow from $16.37 billion in 2021 to $16.88 billion in 2022 at a compound annual growth rate (CAGR) of 3.33%. The global steam turbine market size is expected to grow to $20.06 billion in 2026 at a compound annual growth rate (CAGR) of 4.41%.

The Business Research Company offers the Steam Turbine Global Market Report 2022 in its research report store. It is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country. It also compares the market's historic and forecast growth, and highlights important trends and strategies that players in the market can adopt.

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The steam turbine market consists of sales of steam turbines by entities (organizations, sole traders, and partnerships) that refer to a machine that converts thermal energy from pressurized steam and transforms it into mechanical work on a rotating output shaft. It uses heat sources such as gas, coal, nuclear, and solar to heat water at extremely high temperatures until it is converted into steam. The main parts of stream turbines are rotors and blades.

Some key steam turbine market players are General Electric (GE) Co, Fuji Electric, Toshiba Corporation, Siemens, Arani Power Systems, Elliott Group, Doosan Škoda Power, Chola Turbo Machinery International Pvt Ltd, Mitsubishi Hitachi Power Systems, Ansaldo Energia, Bharat Heavy Electricals Limited, MAN Energy Solutions, DONGFANG TURBINE, Kawasaki Heavy Industries, Harbin Electric, AIstom SA, Toshiba JSW Power Systems Private Limited, Kessels Steam Turbines and Hyundai Heavy Industries.

The countries covered in the global steam turbine market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, Vietnam.

The regions covered in the global steam turbine market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Steam Turbine Market Segmentation:
1) By Plant Type
Gas, Coal
Nuclear

2) By Capacity
Rated Power (200MW)

3) By Technology
Steam Cycle
Combined Cycle
Cogeneration

4) By Design
Reaction
Impulse

5) By End-Use Industry
Power and Utility
Industrial

See more on the report at https://www.thebusinessresearchcompany.com/report/steam-turbine-global-market-report

The Report's Table Of Contents includes
1. Executive Summary
2. Steam Turbine Market Characteristics
3. Steam Turbine Market Trends And Strategies
4. Impact Of COVID-19 On Steam Turbine
5. Steam Turbine Market Size And Growth
.....
26. Africa Steam Turbine Market
27. Steam Turbine Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Steam Turbine Market
29. Steam Turbine Market Future Outlook and Potential Analysis
30. Appendix

This report covers the trends and market dynamics of the steam turbine market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.

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