Global Steam Turbine Market Research Report 2021
Global Steam Turbine Market Research Report 2021
The Steam Turbine Market report highlights technological advancements, investment opportunities, and regulatory frameworks shaping the industry landscape through 2030.
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Research Predicts that Steam Turbine Market was valued USD xxxx unit in 2020 and is expected to reach USD xxxx Unit by the year 2025, growing at a CAGR of xx% globally.
Global Steam Turbine Market Overview:
Global Steam Turbine Market Report 2020 comes with the extensive industry analysis of development components, patterns, flows and sizes. The report also calculates present and past market values to forecast potential market management through the forecast period between 2020-2025.This research study of Steam Turbine involved the extensive usage of both primary and secondary data sources. This includes the study of various parameters affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry.
Impact of COVID-19 on Steam Turbine Market
Since the COVID-19 virus outbreak in December 2019, the disease has spread to almost every country around the globe with the World Health Organization declaring it a public health emergency. The global impacts of the coronavirus disease 2019 (COVID-19) are already starting to be felt, and will significantly affected the Steam Turbine market in 2020.
Global Steam Turbine Market Segmentation
By Type, Steam Turbine market has been segmented into:
Rated Power (<60MW)
Rated Power (60-200MW)
Rated Power (>200MW)
By Application, Steam Turbine market has been segmented into:
Industrial
Marine
Power Generation
Regional Analysis:
North America (U.S., Canada, Mexico)
Europe (Germany, U.K., France, Italy, Russia, Spain etc.)
Asia-Pacific (China, India, Japan, Southeast Asia etc.)
South America (Brazil, Argentina etc.)
Middle East & Africa (Saudi Arabia, South Africa etc.)
Top Key Players Covered in Steam Turbine market are:
GE
Siemens
Elliott
Toshiba
Mitsubishi Hitachi Power Systems
MAN
1. Market Overview of Steam Turbine
1.1 Steam Turbine Market Overview
1.1.1 Steam Turbine Product Scope
1.1.2 Market Status and Outlook
1.2 Steam Turbine Market Size by Regions: 2015 VS 2021 VS 2026
1.3 Steam Turbine Historic Market Size by Regions (2015-2020)
1.4 Steam Turbine Forecasted Market Size by Regions (2021-2026)
1.5 Covid-19 Impact on Key Regions, Keyword Market Size YoY Growth (2015-2026)
1.5.1 North America
1.5.2 East Asia
1.5.3 Europe
1.5.4 South Asia
1.5.5 Southeast Asia
1.5.6 Middle East
1.5.7 Africa
1.5.8 Oceania
1.5.9 South America
1.5.10 Rest of the World
1.6 Coronavirus Disease 2019 (Covid-19) Impact Will Have a Severe Impact on Global Growth
1.6.1 Covid-19 Impact: Global GDP Growth, 2019, 2020 and 2021 Projections
1.6.2 Covid-19 Impact: Commodity Prices Indices
1.6.3 Covid-19 Impact: Global Major Government Policy
2. Covid-19 Impact Steam Turbine Sales Market by Type (2015-2026)
2.1 Global Steam Turbine Historic Market Size by Type (2015-2020)
2.2 Global Steam Turbine Forecasted Market Size by Type (2021-2026)
2.3 Rated Power (<60MW)
2.4 Rated Power (60-200MW)
2.5 Rated Power (>200MW)
3. Covid-19 Impact Steam Turbine Sales Market by Application (2015-2026)
3.1 Global Steam Turbine Historic Market Size by Application (2015-2020)
3.2 Global Steam Turbine Forecasted Market Size by Application (2021-2026)
3.3 Industrial
3.4 Marine
3.5 Power Generation
4. Covid-19 Impact Market Competition by Manufacturers
4.1 Global Steam Turbine Production Capacity Market Share by Manufacturers (2015-2020)
4.2 Global Steam Turbine Revenue Market Share by Manufacturers (2015-2020)
4.3 Global Steam Turbine Average Price by Manufacturers (2015-2020)
5. Company Profiles and Key Figures in Steam Turbine Business
5.1 GE
5.1.1 GE Company Profile
5.1.2 GE Steam Turbine Product Specification
5.1.3 GE Steam Turbine Production Capacity, Revenue, Price and Gross Margin (2015-2020)
5.2 Siemens
5.2.1 Siemens Company Profile
5.2.2 Siemens Steam Turbine Product Specification
5.2.3 Siemens Steam Turbine Production Capacity, Revenue, Price and Gross Margin (2015-2020)
5.3 Elliott
5.3.1 Elliott Company Profile
5.3.2 Elliott Steam Turbine Product Specification
5.3.3 Elliott Steam Turbine Production Capacity, Revenue, Price and Gross Margin (2015-2020)
5.4 Toshiba
5.4.1 Toshiba Company Profile
5.4.2 Toshiba Steam Turbine Product Specification
5.4.3 Toshiba Steam Turbine Production Capacity, Revenue, Price and Gross Margin (2015-2020)
5.5 Mitsubishi Hitachi Power Systems
5.5.1 Mitsubishi Hitachi Power Systems Company Profile
5.5.2 Mitsubishi Hitachi Power Systems Steam Turbine Product Specification
5.5.3 Mitsubishi Hitachi Power Systems Steam Turbine Production Capacity, Revenue, Price and Gross Margin (2015-2020)
5.6 MAN
5.6.1 MAN Company Profile
5.6.2 MAN Steam Turbine Product Specification
5.6.3 MAN Steam Turbine Production Capacity, Revenue, Price and Gross Margin (2015-2020)
6. North America
6.1 North America Steam Turbine Market Size (2015-2026)
6.2 North America Steam Turbine Key Players in North America (2015-2020)
6.3 North America Steam Turbine Market Size by Type (2015-2020)
6.4 North America Steam Turbine Market Size by Application (2015-2020)
7. East Asia
7.1 East Asia Steam Turbine Market Size (2015-2026)
7.2 East Asia Steam Turbine Key Players in North America (2015-2020)
7.3 East Asia Steam Turbine Market Size by Type (2015-2020)
7.4 East Asia Steam Turbine Market Size by Application (2015-2020)
8. Europe
8.1 Europe Steam Turbine Market Size (2015-2026)
8.2 Europe Steam Turbine Key Players in North America (2015-2020)
8.3 Europe Steam Turbine Market Size by Type (2015-2020)
8.4 Europe Steam Turbine Market Size by Application (2015-2020)
9. South Asia
9.1 South Asia Steam Turbine Market Size (2015-2026)
9.2 South Asia Steam Turbine Key Players in North America (2015-2020)
9.3 South Asia Steam Turbine Market Size by Type (2015-2020)
9.4 South Asia Steam Turbine Market Size by Application (2015-2020)
10. Southeast Asia
10.1 Southeast Asia Steam Turbine Market Size (2015-2026)
10.2 Southeast Asia Steam Turbine Key Players in North America (2015-2020)
10.3 Southeast Asia Steam Turbine Market Size by Type (2015-2020)
10.4 Southeast Asia Steam Turbine Market Size by Application (2015-2020)
11. Middle East
11.1 Middle East Steam Turbine Market Size (2015-2026)
11.2 Middle East Steam Turbine Key Players in North America (2015-2020)
11.3 Middle East Steam Turbine Market Size by Type (2015-2020)
11.4 Middle East Steam Turbine Market Size by Application (2015-2020)
12. Africa
12.1 Africa Steam Turbine Market Size (2015-2026)
12.2 Africa Steam Turbine Key Players in North America (2015-2020)
12.3 Africa Steam Turbine Market Size by Type (2015-2020)
12.4 Africa Steam Turbine Market Size by Application (2015-2020)
13. Oceania
13.1 Oceania Steam Turbine Market Size (2015-2026)
13.2 Oceania Steam Turbine Key Players in North America (2015-2020)
13.3 Oceania Steam Turbine Market Size by Type (2015-2020)
13.4 Oceania Steam Turbine Market Size by Application (2015-2020)
14. South America
14.1 South America Steam Turbine Market Size (2015-2026)
14.2 South America Steam Turbine Key Players in North America (2015-2020)
14.3 South America Steam Turbine Market Size by Type (2015-2020)
14.4 South America Steam Turbine Market Size by Application (2015-2020)
15. Rest of the World
15.1 Rest of the World Steam Turbine Market Size (2015-2026)
15.2 Rest of the World Steam Turbine Key Players in North America (2015-2020)
15.3 Rest of the World Steam Turbine Market Size by Type (2015-2020)
15.4 Rest of the World Steam Turbine Market Size by Application (2015-2020)
16 Steam Turbine Market Dynamics
16.1 Covid-19 Impact Market Top Trends
16.2 Covid-19 Impact Market Drivers
16.3 Covid-19 Impact Market Challenges
16.4 Porter’s Five Forces Analysis
18 Regulatory Information
17 Analyst's Viewpoints/Conclusions
18 Appendix
18.1 Research Methodology
18.1.1 Methodology/Research Approach
18.1.2 Data Source
18.2 Disclaimer
Research Methodology:
Steam Turbine Market Size Estimation
To estimate market size and trends, we use a combination of top-down and bottom-up methods. This allows us to evaluate the market from various perspectives—by company, region, product type, and end users.
Our estimates are based on actual sales data, excluding any discounts. Segment breakdowns and market shares are calculated using weighted averages based on usage rates and average prices. Regional insights are determined by how widely a product or service is adopted in each area.
Key companies are identified through secondary sources like industry reports and company filings. We then verify revenue estimates and other key data points through primary research, including interviews with industry experts, company executives, and decision-makers.
We take into account all relevant factors that could influence the market and validate our findings with real-world input. Our final insights combine both qualitative and quantitative data to provide a well-rounded view. Please note, these estimates do not account for unexpected changes such as inflation, economic downturns, or policy shifts.
Data Source
Secondary Sources
This study draws on a wide range of secondary sources, including press releases, annual reports, non-profit organizations, industry associations, government agencies, and customs data. We also referred to reputable databases and directories such as Bloomberg, Wind Info, Hoovers, Factiva, Trading Economics, Statista, and others. Additional references include investor presentations, company filings (e.g., SEC), economic data, and documents from regulatory and industry bodies.
These sources were used to gather technical and market-focused insights, identify key players, analyze market segmentation and classification, and track major trends and developments across industries.
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Primary Sources
As part of our primary research, we interviewed a variety of stakeholders from both the supply and demand sides to gather valuable qualitative and quantitative insights.
On the supply side, we spoke with product manufacturers, competitors, industry experts, research institutions, distributors, traders, and raw material suppliers. On the demand side, we engaged with business leaders, marketing and sales heads, technology and innovation directors, supply chain executives, and end users across key organizations.
These conversations helped us better understand market segmentation, pricing, applications, leading players, supply chains, demand trends, industry outlook, and key market dynamics—including risks, opportunities, barriers, and strategic developments.
Key Data Information from Primary Sources
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