The global market for Industrial Steam Turbines was valued at US$ 3289 million in the year 2024 and is projected to reach a revised size of US$ 4706 million by 2031, growing at a CAGR of 5.3% during the forecast period.

Industrial Steam Turbines Market

Industrial Steam Turbines are specialized turbines designed to convert thermal energy from steam into mechanical power or electricity for industrial applications. They are typically used in manufacturing plants, refineries, chemical processing facilities, and other industries requiring reliable and efficient power or mechanical drive systems. These turbines are characterized by their ability to operate under various load conditions, adapt to specific industrial processes, and integrate with cogeneration systems.

The Industrial Steam Turbine market serves industries requiring on-site power generation, cogeneration, or mechanical drives for processes. This market is influenced by industrial growth, energy efficiency needs, and the increasing adoption of renewable and hybrid energy systems.

Key Market Drivers

Industrial Growth: Expansion in sectors such as chemicals, petrochemicals, and steel drives demand for steam turbines. Cogeneration Adoption: Growing use of combined heat and power (CHP) systems in industries to improve energy efficiency. Decarbonization Goals: Industries are upgrading to more efficient turbines to reduce greenhouse gas emissions. Energy Security: On-site power generation using industrial steam turbines enhances energy reliability for critical processes.

Market Restraints

High Initial Costs: The capital investment required for steam turbines can be a barrier for small and medium-sized enterprises. Availability of Alternatives: Competition from gas turbines and renewable energy systems. Maintenance Requirements: Regular maintenance and skilled labor are essential for optimal performance, which can increase operational costs.

Market Opportunities

Retrofitting and Upgrades: Replacement of aging turbines with more efficient models. Emerging Markets: Industrialization in developing regions creates new demand for steam turbines. Hybrid Systems: Integration with renewable energy sources to improve overall system efficiency.

Report Scope

This report aims to provide a comprehensive presentation of the global market for Industrial Steam Turbines, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Industrial Steam Turbines.

The Industrial Steam Turbines market size, estimations, and forecasts are provided in terms of output/shipments (MW) and revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. This report segments the global Industrial Steam Turbines market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.

For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

The report will help the Industrial Steam Turbines manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.

Market Segmentation

Scope of Industrial Steam Turbines Market Report

Report Metric	Details
Report Name	Industrial Steam Turbines Market
Accounted market size in year	US$ 3289 million
Forecasted market size in 2031	US$ 4706 million
CAGR	5.3%
Base Year	year
Forecasted years	2025 - 2031
by Type	Non-Condensing Steam Turbine Condensing Steam Turbine
by Application	Oil and Gas General Industry Others
Production by Region	North America Europe China Japan
Consumption by Region	North America (United States, Canada) Europe (Germany, France, UK, Italy, Russia) Asia-Pacific (China, Japan, South Korea, Taiwan) Southeast Asia (India) Latin America (Mexico, Brazil)
By Company	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
Forecast units	USD million in value
Report coverage	Revenue and volume forecast, company share, competitive landscape, growth factors and trends

Chapter Outline

Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Industrial Steam Turbines manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Industrial Steam Turbines by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Industrial Steam Turbines in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.

FAQ for this report

How fast is Industrial Steam Turbines Market growing?

Ans: The Industrial Steam Turbines Market witnessing a CAGR of 5.3% during the forecast period 2025-2031.

What is the Industrial Steam Turbines Market size in 2031?

Ans: The Industrial Steam Turbines Market size in 2031 will be US$ 4706 million.

Who are the main players in the Industrial Steam Turbines Market report?

Ans: The main players in the Industrial Steam Turbines Market are 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

What are the Application segmentation covered in the Industrial Steam Turbines Market report?

Ans: The Applications covered in the Industrial Steam Turbines Market report are Oil and Gas, General Industry, Others

What are the Type segmentation covered in the Industrial Steam Turbines Market report?

Ans: The Types covered in the Industrial Steam Turbines Market report are Non-Condensing Steam Turbine, Condensing Steam Turbine

1 Industrial Steam Turbines Market Overview

1.1 Product Definition

1.2 Industrial Steam Turbines by Type

1.2.1 Global Industrial Steam Turbines Market Value Growth Rate Analysis by Type: 2024 VS 2031

1.2.2 Non-Condensing Steam Turbine

1.2.3 Condensing Steam Turbine

1.3 Industrial Steam Turbines by Application

1.3.1 Global Industrial Steam Turbines Market Value Growth Rate Analysis by Application: 2024 VS 2031

1.3.2 Oil and Gas

1.3.3 General Industry

1.3.4 Others

1.4 Global Market Growth Prospects

1.4.1 Global Industrial Steam Turbines Production Value Estimates and Forecasts (2020-2031)

1.4.2 Global Industrial Steam Turbines Production Capacity Estimates and Forecasts (2020-2031)

1.4.3 Global Industrial Steam Turbines Production Estimates and Forecasts (2020-2031)

1.4.4 Global Industrial Steam Turbines Market Average Price Estimates and Forecasts (2020-2031)

1.5 Assumptions and Limitations

2 Market Competition by Manufacturers

2.1 Global Industrial Steam Turbines Production Market Share by Manufacturers (2020-2025)

2.2 Global Industrial Steam Turbines Production Value Market Share by Manufacturers (2020-2025)

2.3 Global Key Players of Industrial Steam Turbines, Industry Ranking, 2023 VS 2024

2.4 Global Industrial Steam Turbines Company Type and Market Share by Company Type (Tier 1, Tier 2, and Tier 3)

2.5 Global Industrial Steam Turbines Average Price by Manufacturers (2020-2025)

2.6 Global Key Manufacturers of Industrial Steam Turbines, Manufacturing Base Distribution and Headquarters

2.7 Global Key Manufacturers of Industrial Steam Turbines, Product Offered and Application

2.8 Global Key Manufacturers of Industrial Steam Turbines, Date of Enter into This Industry

2.9 Industrial Steam Turbines Market Competitive Situation and Trends

2.9.1 Industrial Steam Turbines Market Concentration Rate

2.9.2 Global 5 and 10 Largest Industrial Steam Turbines Players Market Share by Revenue

2.10 Mergers & Acquisitions, Expansion

3 Industrial Steam Turbines Production by Region

3.1 Global Industrial Steam Turbines Production Value Estimates and Forecasts by Region: 2020 VS 2024 VS 2031

3.2 Global Industrial Steam Turbines Production Value by Region (2020-2031)

3.2.1 Global Industrial Steam Turbines Production Value by Region (2020-2025)

3.2.2 Global Forecasted Production Value of Industrial Steam Turbines by Region (2026-2031)

3.3 Global Industrial Steam Turbines Production Estimates and Forecasts by Region: 2020 VS 2024 VS 2031

3.4 Global Industrial Steam Turbines Production Volume by Region (2020-2031)

3.4.1 Global Industrial Steam Turbines Production by Region (2020-2025)

3.4.2 Global Forecasted Production of Industrial Steam Turbines by Region (2026-2031)

3.5 Global Industrial Steam Turbines Market Price Analysis by Region (2020-2025)

3.6 Global Industrial Steam Turbines Production and Value, Year-over-Year Growth

3.6.1 North America Industrial Steam Turbines Production Value Estimates and Forecasts (2020-2031)

3.6.2 Europe Industrial Steam Turbines Production Value Estimates and Forecasts (2020-2031)

3.6.3 China Industrial Steam Turbines Production Value Estimates and Forecasts (2020-2031)

3.6.4 Japan Industrial Steam Turbines Production Value Estimates and Forecasts (2020-2031)

4 Industrial Steam Turbines Consumption by Region

4.1 Global Industrial Steam Turbines Consumption Estimates and Forecasts by Region: 2020 VS 2024 VS 2031

4.2 Global Industrial Steam Turbines Consumption by Region (2020-2031)

4.2.1 Global Industrial Steam Turbines Consumption by Region (2020-2025)

4.2.2 Global Industrial Steam Turbines Forecasted Consumption by Region (2026-2031)

4.3 North America

4.3.1 North America Industrial Steam Turbines Consumption Growth Rate by Country: 2020 VS 2024 VS 2031

4.3.2 North America Industrial Steam Turbines Consumption by Country (2020-2031)

4.3.3 U.S.

4.3.4 Canada

4.4 Europe

4.4.1 Europe Industrial Steam Turbines Consumption Growth Rate by Country: 2020 VS 2024 VS 2031

4.4.2 Europe Industrial Steam Turbines Consumption by Country (2020-2031)

4.4.3 Germany

4.4.4 France

4.4.5 U.K.

4.4.6 Italy

4.4.7 Netherlands

4.5 Asia Pacific

4.5.1 Asia Pacific Industrial Steam Turbines Consumption Growth Rate by Region: 2020 VS 2024 VS 2031

4.5.2 Asia Pacific Industrial Steam Turbines Consumption by Region (2020-2031)

4.5.3 China

4.5.4 Japan

4.5.5 South Korea

4.5.6 China Taiwan

4.5.7 Southeast Asia

4.5.8 India

4.6 Latin America, Middle East & Africa

4.6.1 Latin America, Middle East & Africa Industrial Steam Turbines Consumption Growth Rate by Country: 2020 VS 2024 VS 2031

4.6.2 Latin America, Middle East & Africa Industrial Steam Turbines Consumption by Country (2020-2031)

4.6.3 Mexico

4.6.4 Brazil

4.6.5 Turkey

4.6.6 GCC Countries

5 Segment by Type

5.1 Global Industrial Steam Turbines Production by Type (2020-2031)

5.1.1 Global Industrial Steam Turbines Production by Type (2020-2025)

5.1.2 Global Industrial Steam Turbines Production by Type (2026-2031)

5.1.3 Global Industrial Steam Turbines Production Market Share by Type (2020-2031)

5.2 Global Industrial Steam Turbines Production Value by Type (2020-2031)

5.2.1 Global Industrial Steam Turbines Production Value by Type (2020-2025)

5.2.2 Global Industrial Steam Turbines Production Value by Type (2026-2031)

5.2.3 Global Industrial Steam Turbines Production Value Market Share by Type (2020-2031)

5.3 Global Industrial Steam Turbines Price by Type (2020-2031)

6 Segment by Application

6.1 Global Industrial Steam Turbines Production by Application (2020-2031)

6.1.1 Global Industrial Steam Turbines Production by Application (2020-2025)

6.1.2 Global Industrial Steam Turbines Production by Application (2026-2031)

6.1.3 Global Industrial Steam Turbines Production Market Share by Application (2020-2031)

6.2 Global Industrial Steam Turbines Production Value by Application (2020-2031)

6.2.1 Global Industrial Steam Turbines Production Value by Application (2020-2025)

6.2.2 Global Industrial Steam Turbines Production Value by Application (2026-2031)

6.2.3 Global Industrial Steam Turbines Production Value Market Share by Application (2020-2031)

6.3 Global Industrial Steam Turbines Price by Application (2020-2031)

7 Key Companies Profiled

7.1 General Electric

7.1.1 General Electric Industrial Steam Turbines Company Information

7.1.2 General Electric Industrial Steam Turbines Product Portfolio

7.1.3 General Electric Industrial Steam Turbines Production, Value, Price and Gross Margin (2020-2025)

7.1.4 General Electric Main Business and Markets Served

7.1.5 General Electric Recent Developments/Updates

7.2 Siemens

7.2.1 Siemens Industrial Steam Turbines Company Information

7.2.2 Siemens Industrial Steam Turbines Product Portfolio

7.2.3 Siemens Industrial Steam Turbines Production, Value, Price and Gross Margin (2020-2025)

7.2.4 Siemens Main Business and Markets Served

7.2.5 Siemens Recent Developments/Updates

7.3 Dongfang Turbine

7.3.1 Dongfang Turbine Industrial Steam Turbines Company Information

7.3.2 Dongfang Turbine Industrial Steam Turbines Product Portfolio

7.3.3 Dongfang Turbine Industrial Steam Turbines Production, Value, Price and Gross Margin (2020-2025)

7.3.4 Dongfang Turbine Main Business and Markets Served

7.3.5 Dongfang Turbine Recent Developments/Updates

7.4 Shanghai Electric

7.4.1 Shanghai Electric Industrial Steam Turbines Company Information

7.4.2 Shanghai Electric Industrial Steam Turbines Product Portfolio

7.4.3 Shanghai Electric Industrial Steam Turbines Production, Value, Price and Gross Margin (2020-2025)

7.4.4 Shanghai Electric Main Business and Markets Served

7.4.5 Shanghai Electric Recent Developments/Updates

7.5 Hangzhou Steam Turbine(HTC)

7.5.1 Hangzhou Steam Turbine(HTC) Industrial Steam Turbines Company Information

7.5.2 Hangzhou Steam Turbine(HTC) Industrial Steam Turbines Product Portfolio

7.5.3 Hangzhou Steam Turbine(HTC) Industrial Steam Turbines Production, Value, Price and Gross Margin (2020-2025)

7.5.4 Hangzhou Steam Turbine(HTC) Main Business and Markets Served

7.5.5 Hangzhou Steam Turbine(HTC) Recent Developments/Updates

7.6 Harbin Electric Corporation

7.6.1 Harbin Electric Corporation Industrial Steam Turbines Company Information

7.6.2 Harbin Electric Corporation Industrial Steam Turbines Product Portfolio

7.6.3 Harbin Electric Corporation Industrial Steam Turbines Production, Value, Price and Gross Margin (2020-2025)

7.6.4 Harbin Electric Corporation Main Business and Markets Served

7.6.5 Harbin Electric Corporation Recent Developments/Updates

7.7 Mitsubishi Power

7.7.1 Mitsubishi Power Industrial Steam Turbines Company Information

7.7.2 Mitsubishi Power Industrial Steam Turbines Product Portfolio

7.7.3 Mitsubishi Power Industrial Steam Turbines Production, Value, Price and Gross Margin (2020-2025)

7.7.4 Mitsubishi Power Main Business and Markets Served

7.7.5 Mitsubishi Power Recent Developments/Updates

7.8 MAN Energy Solutions

7.8.1 MAN Energy Solutions Industrial Steam Turbines Company Information

7.8.2 MAN Energy Solutions Industrial Steam Turbines Product Portfolio

7.8.3 MAN Energy Solutions Industrial Steam Turbines Production, Value, Price and Gross Margin (2020-2025)

7.8.4 MAN Energy Solutions Main Business and Markets Served

7.8.5 MAN Energy Solutions Recent Developments/Updates

7.9 Fuji Electric

7.9.1 Fuji Electric Industrial Steam Turbines Company Information

7.9.2 Fuji Electric Industrial Steam Turbines Product Portfolio

7.9.3 Fuji Electric Industrial Steam Turbines Production, Value, Price and Gross Margin (2020-2025)

7.9.4 Fuji Electric Main Business and Markets Served

7.9.5 Fuji Electric Recent Developments/Updates

7.10 Ebara Elliott

7.10.1 Ebara Elliott Industrial Steam Turbines Company Information

7.10.2 Ebara Elliott Industrial Steam Turbines Product Portfolio

7.10.3 Ebara Elliott Industrial Steam Turbines Production, Value, Price and Gross Margin (2020-2025)

7.10.4 Ebara Elliott Main Business and Markets Served

7.10.5 Ebara Elliott Recent Developments/Updates

7.11 Doosan

7.11.1 Doosan Industrial Steam Turbines Company Information

7.11.2 Doosan Industrial Steam Turbines Product Portfolio

7.11.3 Doosan Industrial Steam Turbines Production, Value, Price and Gross Margin (2020-2025)

7.11.4 Doosan Main Business and Markets Served

7.11.5 Doosan Recent Developments/Updates

7.12 Ansaldo

7.12.1 Ansaldo Industrial Steam Turbines Company Information

7.12.2 Ansaldo Industrial Steam Turbines Product Portfolio

7.12.3 Ansaldo Industrial Steam Turbines Production, Value, Price and Gross Margin (2020-2025)

7.12.4 Ansaldo Main Business and Markets Served

7.12.5 Ansaldo Recent Developments/Updates

7.13 Kawasaki Heavy Industries

7.13.1 Kawasaki Heavy Industries Industrial Steam Turbines Company Information

7.13.2 Kawasaki Heavy Industries Industrial Steam Turbines Product Portfolio

7.13.3 Kawasaki Heavy Industries Industrial Steam Turbines Production, Value, Price and Gross Margin (2020-2025)

7.13.4 Kawasaki Heavy Industries Main Business and Markets Served

7.13.5 Kawasaki Heavy Industries Recent Developments/Updates

7.14 Power Machines

7.14.1 Power Machines Industrial Steam Turbines Company Information

7.14.2 Power Machines Industrial Steam Turbines Product Portfolio

7.14.3 Power Machines Industrial Steam Turbines Production, Value, Price and Gross Margin (2020-2025)

7.14.4 Power Machines Main Business and Markets Served

7.14.5 Power Machines Recent Developments/Updates

8 Industry Chain and Sales Channels Analysis

8.1 Industrial Steam Turbines Industry Chain Analysis

8.2 Industrial Steam Turbines Raw Material Supply Analysis

8.2.1 Key Raw Materials

8.2.2 Raw Materials Key Suppliers

8.3 Industrial Steam Turbines Production Mode & Process Analysis

8.4 Industrial Steam Turbines Sales and Marketing

8.4.1 Industrial Steam Turbines Sales Channels

8.4.2 Industrial Steam Turbines Distributors

8.5 Industrial Steam Turbines Customer Analysis

9 Industrial Steam Turbines Market Dynamics

9.1 Industrial Steam Turbines Industry Trends

9.2 Industrial Steam Turbines Market Drivers

9.3 Industrial Steam Turbines Market Challenges

9.4 Industrial Steam Turbines Market Restraints

10 Research Findings and Conclusion

11 Methodology and Data Source

11.1 Methodology/Research Approach

11.1.1 Research Programs/Design

11.1.2 Market Size Estimation

11.1.3 Market Breakdown and Data Triangulation

11.2 Data Source

11.2.1 Secondary Sources

11.2.2 Primary Sources

11.3 Author List

11.4 Disclaimer

FEATURED COMPANIES

Siemens AG

General Electric

Dongfang Turbine

Shanghai Electric

Hangzhou Steam Turbine(HTC)

Harbin Electric Corporation

Kawasaki Heavy Industries

Power Machines

List of Tables

Table 1. Global Industrial Steam Turbines Market Value by Type, (US$ Million) & (2024 VS 2031)

Table 2. Global Industrial Steam Turbines Market Value by Application, (US$ Million) & (2024 VS 2031)

Table 3. Global Industrial Steam Turbines Production Capacity (MW) by Manufacturers in 2024

Table 4. Global Industrial Steam Turbines Production by Manufacturers (2020-2025) & (MW)

Table 5. Global Industrial Steam Turbines Production Market Share by Manufacturers (2020-2025)

Table 6. Global Industrial Steam Turbines Production Value by Manufacturers (2020-2025) & (US$ Million)

Table 7. Global Industrial Steam Turbines Production Value Share by Manufacturers (2020-2025)

Table 8. Global Key Players of Industrial Steam Turbines, Industry Ranking, 2023 VS 2024

Table 9. Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Production Value in Industrial Steam Turbines as of 2024)

Table 10. Global Market Industrial Steam Turbines Average Price by Manufacturers (USD/KW) & (2020-2025)

Table 11. Global Key Manufacturers of Industrial Steam Turbines, Manufacturing Base Distribution and Headquarters

Table 12. Global Key Manufacturers of Industrial Steam Turbines, Product Offered and Application

Table 13. Global Key Manufacturers of Industrial Steam Turbines, Date of Enter into This Industry

Table 14. Global Industrial Steam Turbines Manufacturers Market Concentration Ratio (CR5 and HHI)

Table 15. Mergers & Acquisitions, Expansion Plans

Table 16. Global Industrial Steam Turbines Production Value by Region: 2020 VS 2024 VS 2031 (US$ Million)

Table 17. Global Industrial Steam Turbines Production Value (US$ Million) by Region (2020-2025)

Table 18. Global Industrial Steam Turbines Production Value Market Share by Region (2020-2025)

Table 19. Global Industrial Steam Turbines Production Value (US$ Million) Forecast by Region (2026-2031)

Table 20. Global Industrial Steam Turbines Production Value Market Share Forecast by Region (2026-2031)

Table 21. Global Industrial Steam Turbines Production Comparison by Region: 2020 VS 2024 VS 2031 (MW)

Table 22. Global Industrial Steam Turbines Production (MW) by Region (2020-2025)

Table 23. Global Industrial Steam Turbines Production Market Share by Region (2020-2025)

Table 24. Global Industrial Steam Turbines Production (MW) Forecast by Region (2026-2031)

Table 25. Global Industrial Steam Turbines Production Market Share Forecast by Region (2026-2031)

Table 26. Global Industrial Steam Turbines Market Average Price (USD/KW) by Region (2020-2025)

Table 27. Global Industrial Steam Turbines Market Average Price (USD/KW) by Region (2026-2031)

Table 28. Global Industrial Steam Turbines Consumption Growth Rate by Region: 2020 VS 2024 VS 2031 (MW)

Table 29. Global Industrial Steam Turbines Consumption by Region (2020-2025) & (MW)

Table 30. Global Industrial Steam Turbines Consumption Market Share by Region (2020-2025)

Table 31. Global Industrial Steam Turbines Forecasted Consumption by Region (2026-2031) & (MW)

Table 32. Global Industrial Steam Turbines Forecasted Consumption Market Share by Region (2026-2031)

Table 33. North America Industrial Steam Turbines Consumption Growth Rate by Country: 2020 VS 2024 VS 2031 (MW)

Table 34. North America Industrial Steam Turbines Consumption by Country (2020-2025) & (MW)

Table 35. North America Industrial Steam Turbines Consumption by Country (2026-2031) & (MW)

Table 36. Europe Industrial Steam Turbines Consumption Growth Rate by Country: 2020 VS 2024 VS 2031 (MW)

Table 37. Europe Industrial Steam Turbines Consumption by Country (2020-2025) & (MW)

Table 38. Europe Industrial Steam Turbines Consumption by Country (2026-2031) & (MW)

Table 39. Asia Pacific Industrial Steam Turbines Consumption Growth Rate by Region: 2020 VS 2024 VS 2031 (MW)

Table 40. Asia Pacific Industrial Steam Turbines Consumption by Region (2020-2025) & (MW)

Table 41. Asia Pacific Industrial Steam Turbines Consumption by Region (2026-2031) & (MW)

Table 42. Latin America, Middle East & Africa Industrial Steam Turbines Consumption Growth Rate by Country: 2020 VS 2024 VS 2031 (MW)

Table 43. Latin America, Middle East & Africa Industrial Steam Turbines Consumption by Country (2020-2025) & (MW)

Table 44. Latin America, Middle East & Africa Industrial Steam Turbines Consumption by Country (2026-2031) & (MW)

Table 45. Global Industrial Steam Turbines Production (MW) by Type (2020-2025)

Table 46. Global Industrial Steam Turbines Production (MW) by Type (2026-2031)

Table 47. Global Industrial Steam Turbines Production Market Share by Type (2020-2025)

Table 48. Global Industrial Steam Turbines Production Market Share by Type (2026-2031)

Table 49. Global Industrial Steam Turbines Production Value (US$ Million) by Type (2020-2025)

Table 50. Global Industrial Steam Turbines Production Value (US$ Million) by Type (2026-2031)

Table 51. Global Industrial Steam Turbines Production Value Market Share by Type (2020-2025)

Table 52. Global Industrial Steam Turbines Production Value Market Share by Type (2026-2031)

Table 53. Global Industrial Steam Turbines Price (USD/KW) by Type (2020-2025)

Table 54. Global Industrial Steam Turbines Price (USD/KW) by Type (2026-2031)

Table 55. Global Industrial Steam Turbines Production (MW) by Application (2020-2025)

Table 56. Global Industrial Steam Turbines Production (MW) by Application (2026-2031)

Table 57. Global Industrial Steam Turbines Production Market Share by Application (2020-2025)

Table 58. Global Industrial Steam Turbines Production Market Share by Application (2026-2031)

Table 59. Global Industrial Steam Turbines Production Value (US$ Million) by Application (2020-2025)

Table 60. Global Industrial Steam Turbines Production Value (US$ Million) by Application (2026-2031)

Table 61. Global Industrial Steam Turbines Production Value Market Share by Application (2020-2025)

Table 62. Global Industrial Steam Turbines Production Value Market Share by Application (2026-2031)

Table 63. Global Industrial Steam Turbines Price (USD/KW) by Application (2020-2025)

Table 64. Global Industrial Steam Turbines Price (USD/KW) by Application (2026-2031)

Table 65. General Electric Industrial Steam Turbines Company Information

Table 66. General Electric Industrial Steam Turbines Specification and Application

Table 67. General Electric Industrial Steam Turbines Production (MW), Value (US$ Million), Price (USD/KW) and Gross Margin (2020-2025)

Table 68. General Electric Main Business and Markets Served

Table 69. General Electric Recent Developments/Updates

Table 70. Siemens Industrial Steam Turbines Company Information

Table 71. Siemens Industrial Steam Turbines Specification and Application

Table 72. Siemens Industrial Steam Turbines Production (MW), Value (US$ Million), Price (USD/KW) and Gross Margin (2020-2025)

Table 73. Siemens Main Business and Markets Served

Table 74. Siemens Recent Developments/Updates

Table 75. Dongfang Turbine Industrial Steam Turbines Company Information

Table 76. Dongfang Turbine Industrial Steam Turbines Specification and Application

Table 77. Dongfang Turbine Industrial Steam Turbines Production (MW), Value (US$ Million), Price (USD/KW) and Gross Margin (2020-2025)

Table 78. Dongfang Turbine Main Business and Markets Served

Table 79. Dongfang Turbine Recent Developments/Updates

Table 80. Shanghai Electric Industrial Steam Turbines Company Information

Table 81. Shanghai Electric Industrial Steam Turbines Specification and Application

Table 82. Shanghai Electric Industrial Steam Turbines Production (MW), Value (US$ Million), Price (USD/KW) and Gross Margin (2020-2025)

Table 83. Shanghai Electric Main Business and Markets Served

Table 84. Shanghai Electric Recent Developments/Updates

Table 85. Hangzhou Steam Turbine(HTC) Industrial Steam Turbines Company Information

Table 86. Hangzhou Steam Turbine(HTC) Industrial Steam Turbines Specification and Application

Table 87. Hangzhou Steam Turbine(HTC) Industrial Steam Turbines Production (MW), Value (US$ Million), Price (USD/KW) and Gross Margin (2020-2025)

Table 88. Hangzhou Steam Turbine(HTC) Main Business and Markets Served

Table 89. Hangzhou Steam Turbine(HTC) Recent Developments/Updates

Table 90. Harbin Electric Corporation Industrial Steam Turbines Company Information

Table 91. Harbin Electric Corporation Industrial Steam Turbines Specification and Application

Table 92. Harbin Electric Corporation Industrial Steam Turbines Production (MW), Value (US$ Million), Price (USD/KW) and Gross Margin (2020-2025)

Table 93. Harbin Electric Corporation Main Business and Markets Served

Table 94. Harbin Electric Corporation Recent Developments/Updates

Table 95. Mitsubishi Power Industrial Steam Turbines Company Information

Table 96. Mitsubishi Power Industrial Steam Turbines Specification and Application

Table 97. Mitsubishi Power Industrial Steam Turbines Production (MW), Value (US$ Million), Price (USD/KW) and Gross Margin (2020-2025)

Table 98. Mitsubishi Power Main Business and Markets Served

Table 99. Mitsubishi Power Recent Developments/Updates

Table 100. MAN Energy Solutions Industrial Steam Turbines Company Information

Table 101. MAN Energy Solutions Industrial Steam Turbines Specification and Application

Table 102. MAN Energy Solutions Industrial Steam Turbines Production (MW), Value (US$ Million), Price (USD/KW) and Gross Margin (2020-2025)

Table 103. MAN Energy Solutions Main Business and Markets Served

Table 104. MAN Energy Solutions Recent Developments/Updates

Table 105. Fuji Electric Industrial Steam Turbines Company Information

Table 106. Fuji Electric Industrial Steam Turbines Specification and Application

Table 107. Fuji Electric Industrial Steam Turbines Production (MW), Value (US$ Million), Price (USD/KW) and Gross Margin (2020-2025)

Table 108. Fuji Electric Main Business and Markets Served

Table 109. Fuji Electric Recent Developments/Updates

Table 110. Ebara Elliott Industrial Steam Turbines Company Information

Table 111. Ebara Elliott Industrial Steam Turbines Specification and Application

Table 112. Ebara Elliott Industrial Steam Turbines Production (MW), Value (US$ Million), Price (USD/KW) and Gross Margin (2020-2025)

Table 113. Ebara Elliott Main Business and Markets Served

Table 114. Ebara Elliott Recent Developments/Updates

Table 115. Doosan Industrial Steam Turbines Company Information

Table 116. Doosan Industrial Steam Turbines Specification and Application

Table 117. Doosan Industrial Steam Turbines Production (MW), Value (US$ Million), Price (USD/KW) and Gross Margin (2020-2025)

Table 118. Doosan Main Business and Markets Served

Table 119. Doosan Recent Developments/Updates

Table 120. Ansaldo Industrial Steam Turbines Company Information

Table 121. Ansaldo Industrial Steam Turbines Specification and Application

Table 122. Ansaldo Industrial Steam Turbines Production (MW), Value (US$ Million), Price (USD/KW) and Gross Margin (2020-2025)

Table 123. Ansaldo Main Business and Markets Served

Table 124. Ansaldo Recent Developments/Updates

Table 125. Kawasaki Heavy Industries Industrial Steam Turbines Company Information

Table 126. Kawasaki Heavy Industries Industrial Steam Turbines Specification and Application

Table 127. Kawasaki Heavy Industries Industrial Steam Turbines Production (MW), Value (US$ Million), Price (USD/KW) and Gross Margin (2020-2025)

Table 128. Kawasaki Heavy Industries Main Business and Markets Served

Table 129. Kawasaki Heavy Industries Recent Developments/Updates

Table 130. Power Machines Industrial Steam Turbines Company Information

Table 131. Power Machines Industrial Steam Turbines Specification and Application

Table 132. Power Machines Industrial Steam Turbines Production (MW), Value (US$ Million), Price (USD/KW) and Gross Margin (2020-2025)

Table 133. Power Machines Main Business and Markets Served

Table 134. Power Machines Recent Developments/Updates

Table 135. Key Raw Materials Lists

Table 136. Raw Materials Key Suppliers Lists

Table 137. Industrial Steam Turbines Distributors List

Table 138. Industrial Steam Turbines Customers List

Table 139. Industrial Steam Turbines Market Trends

Table 140. Industrial Steam Turbines Market Drivers

Table 141. Industrial Steam Turbines Market Challenges

Table 142. Industrial Steam Turbines Market Restraints

Table 143. Research Programs/Design for This Report

Table 144. Key Data Information from Secondary Sources

Table 145. Key Data Information from Primary Sources

Table 146. Authors List of This Report

List of Figures

Figure 1. Product Picture of Industrial Steam Turbines

Figure 2. Global Industrial Steam Turbines Market Value by Type, (US$ Million) & (2020-2031)

Figure 3. Global Industrial Steam Turbines Market Share by Type: 2024 VS 2031

Figure 4. Non-Condensing Steam Turbine Product Picture

Figure 5. Condensing Steam Turbine Product Picture

Figure 6. Global Industrial Steam Turbines Market Value by Application, (US$ Million) & (2020-2031)

Figure 7. Global Industrial Steam Turbines Market Share by Application: 2024 VS 2031

Figure 8. Oil and Gas

Figure 9. General Industry

Figure 10. Others

Figure 11. Global Industrial Steam Turbines Production Value (US$ Million), 2020 VS 2024 VS 2031

Figure 12. Global Industrial Steam Turbines Production Value (US$ Million) & (2020-2031)

Figure 13. Global Industrial Steam Turbines Production Capacity (MW) & (2020-2031)

Figure 14. Global Industrial Steam Turbines Production (MW) & (2020-2031)

Figure 15. Global Industrial Steam Turbines Average Price (USD/KW) & (2020-2031)

Figure 16. Industrial Steam Turbines Report Years Considered

Figure 17. Industrial Steam Turbines Production Share by Manufacturers in 2024

Figure 18. Global Industrial Steam Turbines Production Value Share by Manufacturers (2024)

Figure 19. Industrial Steam Turbines Market Share by Company Type (Tier 1, Tier 2, and Tier 3): 2020 VS 2024

Figure 20. The Global 5 and 10 Largest Players: Market Share by Industrial Steam Turbines Revenue in 2024

Figure 21. Global Industrial Steam Turbines Production Value by Region: 2020 VS 2024 VS 2031 (US$ Million)

Figure 22. Global Industrial Steam Turbines Production Value Market Share by Region: 2020 VS 2024 VS 2031

Figure 23. Global Industrial Steam Turbines Production Comparison by Region: 2020 VS 2024 VS 2031 (MW)

Figure 24. Global Industrial Steam Turbines Production Market Share by Region: 2020 VS 2024 VS 2031

Figure 25. North America Industrial Steam Turbines Production Value (US$ Million) Growth Rate (2020-2031)

Figure 26. Europe Industrial Steam Turbines Production Value (US$ Million) Growth Rate (2020-2031)

Figure 27. China Industrial Steam Turbines Production Value (US$ Million) Growth Rate (2020-2031)

Figure 28. Japan Industrial Steam Turbines Production Value (US$ Million) Growth Rate (2020-2031)

Figure 29. Global Industrial Steam Turbines Consumption by Region: 2020 VS 2024 VS 2031 (MW)

Figure 30. Global Industrial Steam Turbines Consumption Market Share by Region: 2020 VS 2024 VS 2031

Figure 31. North America Industrial Steam Turbines Consumption and Growth Rate (2020-2031) & (MW)

Figure 32. North America Industrial Steam Turbines Consumption Market Share by Country (2020-2031)

Figure 33. U.S. Industrial Steam Turbines Consumption and Growth Rate (2020-2031) & (MW)

Figure 34. Canada Industrial Steam Turbines Consumption and Growth Rate (2020-2031) & (MW)

Figure 35. Europe Industrial Steam Turbines Consumption and Growth Rate (2020-2031) & (MW)

Figure 36. Europe Industrial Steam Turbines Consumption Market Share by Country (2020-2031)

Figure 37. Germany Industrial Steam Turbines Consumption and Growth Rate (2020-2031) & (MW)

Figure 38. France Industrial Steam Turbines Consumption and Growth Rate (2020-2031) & (MW)

Figure 39. U.K. Industrial Steam Turbines Consumption and Growth Rate (2020-2031) & (MW)

Figure 40. Italy Industrial Steam Turbines Consumption and Growth Rate (2020-2031) & (MW)

Figure 41. Netherlands Industrial Steam Turbines Consumption and Growth Rate (2020-2031) & (MW)

Figure 42. Asia Pacific Industrial Steam Turbines Consumption and Growth Rate (2020-2031) & (MW)

Figure 43. Asia Pacific Industrial Steam Turbines Consumption Market Share by Region (2020-2031)

Figure 44. China Industrial Steam Turbines Consumption and Growth Rate (2020-2031) & (MW)

Figure 45. Japan Industrial Steam Turbines Consumption and Growth Rate (2020-2031) & (MW)

Figure 46. South Korea Industrial Steam Turbines Consumption and Growth Rate (2020-2031) & (MW)

Figure 47. China Taiwan Industrial Steam Turbines Consumption and Growth Rate (2020-2031) & (MW)

Figure 48. Southeast Asia Industrial Steam Turbines Consumption and Growth Rate (2020-2031) & (MW)

Figure 49. India Industrial Steam Turbines Consumption and Growth Rate (2020-2031) & (MW)

Figure 50. Latin America, Middle East & Africa Industrial Steam Turbines Consumption and Growth Rate (2020-2031) & (MW)

Figure 51. Latin America, Middle East & Africa Industrial Steam Turbines Consumption Market Share by Country (2020-2031)

Figure 52. Mexico Industrial Steam Turbines Consumption and Growth Rate (2020-2031) & (MW)

Figure 53. Brazil Industrial Steam Turbines Consumption and Growth Rate (2020-2031) & (MW)

Figure 54. Turkey Industrial Steam Turbines Consumption and Growth Rate (2020-2031) & (MW)

Figure 55. GCC Countries Industrial Steam Turbines Consumption and Growth Rate (2020-2031) & (MW)

Figure 56. Global Production Market Share of Industrial Steam Turbines by Type (2020-2031)

Figure 57. Global Production Value Market Share of Industrial Steam Turbines by Type (2020-2031)

Figure 58. Global Industrial Steam Turbines Price (USD/KW) by Type (2020-2031)

Figure 59. Global Production Market Share of Industrial Steam Turbines by Application (2020-2031)

Figure 60. Global Production Value Market Share of Industrial Steam Turbines by Application (2020-2031)

Figure 61. Global Industrial Steam Turbines Price (USD/KW) by Application (2020-2031)

Figure 62. Industrial Steam Turbines Value Chain

Figure 63. Channels of Distribution (Direct Vs Distribution)

Figure 64. Bottom-up and Top-down Approaches for This Report

Figure 65. Data Triangulation

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