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Global API Steam Turbine Market Research Report 2025
Published Date: March 2025
|
Report Code: QYRE-Auto-8F11678
Home | Market Reports | Business & Industrial| Industrial Materials & Equipment| Heavy Machinery
Global API Steam Turbine Market Research Report 2022
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Global API Steam Turbine Market Research Report 2025

Code: QYRE-Auto-8F11678
Report
March 2025
Pages:100
QYResearch
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DESCRIPTION
TABLE OF CONTENT
TABLES & FIGURES
FEATURED COMPANIES
Kessels
KEPL
Siemens AG
General Electric
Shanghai Electric
Dongfang Turbine
Hangzhou Steam Turbine(HTC)
MAN Energy Solutions
Kawasaki Heavy Industries
Mitsubishi Hitachi Power Systems
Elliott
Triveni Turbine
Skinner Power Systems
Ctmi

API Steam Turbine Market Size

The global market for API Steam Turbine was valued at US$ 2840 million in the year 2024 and is projected to reach a revised size of US$ 3717 million by 2031, growing at a CAGR of 4.0% during the forecast period.

API Steam Turbine Market

API Steam Turbine Market

API (American Petroleum Institute) Steam Turbines refer to steam turbines designed and manufactured in compliance with API standards, particularly API 611 (General Purpose Steam Turbines) and API 612 (Special Purpose Steam Turbines). These turbines are primarily used in critical industrial processes, particularly in the oil & gas, petrochemical, power generation, and chemical industries.
The API steam turbine market is experiencing steady growth, driven by industrialization, energy demand, and expansions in oil & gas and petrochemical sectors. Emerging markets in Asia-Pacific, Latin America, and Africa are seeing increased adoption due to industrial expansion and energy projects.
Market Drivers
Energy Demand and Industrial Growth: Rising global energy needs are driving the demand for steam turbines in power plants and industrial processes. Growth in sectors like oil & gas, chemical processing, and power generation boosts turbine adoption. Technological Advancements: Innovations in turbine materials, blade design, and efficiency improvements make API turbines more attractive. Digitalization for predictive maintenance and real-time performance monitoring is gaining traction. Focus on Efficiency: Emphasis on reducing energy wastage and operational costs has increased the adoption of efficient steam turbines.
Market Restraints
High Capital Costs: The upfront investment for API-compliant turbines is significant, posing a challenge for small-scale projects. Shift Toward Renewables: The increasing focus on renewable energy sources can reduce reliance on traditional steam turbines. Economic Volatility: Fluctuating oil prices and economic uncertainties can impact investments in oil & gas infrastructure.
Market Opportunities
Modernization and Retrofitting: Aging turbines in existing facilities present opportunities for retrofitting with modern, API-compliant systems. Emerging Markets: Rapid industrialization in developing regions offers significant growth potential for API turbines. Cogeneration and Combined Cycle Power Plants: The integration of API turbines in CHP and combined-cycle systems offers efficiency benefits.

Report Scope

This report aims to provide a comprehensive presentation of the global market for API Steam Turbine, 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 API Steam Turbine.
The API Steam Turbine 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 API Steam Turbine 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 API Steam Turbine 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 API Steam Turbine Market Report

Report Metric Details
Report Name API Steam Turbine Market
Accounted market size in year US$ 2840 million
Forecasted market size in 2031 US$ 3717 million
CAGR 4.0%
Base Year year
Forecasted years 2025 - 2031
by Type
by Application
Production by Region
  • North America
  • Europe
  • China
  • Japan
  • India
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 Siemens, General Electric, Shanghai Electric, Dongfang Turbine, Hangzhou Steam Turbine(HTC), MAN Energy Solutions, Kawasaki Heavy Industries, Mitsubishi Hitachi Power Systems, Elliott, Triveni Turbine, Kessels, KEPL, CTMI, Skinner Power Systems
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 API Steam Turbine manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
  • Chapter 3: Production/output, value of API Steam Turbine 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 API Steam Turbine 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 API Steam Turbine Market growing?

Ans: The API Steam Turbine Market witnessing a CAGR of 4.0% during the forecast period 2025-2031.

What is the API Steam Turbine Market size in 2031?

Ans: The API Steam Turbine Market size in 2031 will be US$ 3717 million.

Who are the main players in the API Steam Turbine Market report?

Ans: The main players in the API Steam Turbine Market are Siemens, General Electric, Shanghai Electric, Dongfang Turbine, Hangzhou Steam Turbine(HTC), MAN Energy Solutions, Kawasaki Heavy Industries, Mitsubishi Hitachi Power Systems, Elliott, Triveni Turbine, Kessels, KEPL, CTMI, Skinner Power Systems

What are the Application segmentation covered in the API Steam Turbine Market report?

Ans: The Applications covered in the API Steam Turbine Market report are Oil and Gas, Chemical, Power Generation, Others

What are the Type segmentation covered in the API Steam Turbine Market report?

Ans: The Types covered in the API Steam Turbine Market report are API 611 General Purpose Steam Turbine, API 612 Special Purpose Turbine

Recommended Reports

Steam Turbine Markets

Thermal Power & Gas

Nuclear & Combined Cycle

1 API Steam Turbine Market Overview
1.1 Product Definition
1.2 API Steam Turbine by Type
1.2.1 Global API Steam Turbine Market Value Growth Rate Analysis by Type: 2024 VS 2031
1.2.2 API 611 General Purpose Steam Turbine
1.2.3 API 612 Special Purpose Turbine
1.3 API Steam Turbine by Application
1.3.1 Global API Steam Turbine Market Value Growth Rate Analysis by Application: 2024 VS 2031
1.3.2 Oil and Gas
1.3.3 Chemical
1.3.4 Power Generation
1.3.5 Others
1.4 Global Market Growth Prospects
1.4.1 Global API Steam Turbine Production Value Estimates and Forecasts (2020-2031)
1.4.2 Global API Steam Turbine Production Capacity Estimates and Forecasts (2020-2031)
1.4.3 Global API Steam Turbine Production Estimates and Forecasts (2020-2031)
1.4.4 Global API Steam Turbine Market Average Price Estimates and Forecasts (2020-2031)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global API Steam Turbine Production Market Share by Manufacturers (2020-2025)
2.2 Global API Steam Turbine Production Value Market Share by Manufacturers (2020-2025)
2.3 Global Key Players of API Steam Turbine, Industry Ranking, 2023 VS 2024
2.4 Global API Steam Turbine Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
2.5 Global API Steam Turbine Average Price by Manufacturers (2020-2025)
2.6 Global Key Manufacturers of API Steam Turbine, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of API Steam Turbine, Product Offered and Application
2.8 Global Key Manufacturers of API Steam Turbine, Date of Enter into This Industry
2.9 API Steam Turbine Market Competitive Situation and Trends
2.9.1 API Steam Turbine Market Concentration Rate
2.9.2 Global 5 and 10 Largest API Steam Turbine Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 API Steam Turbine Production by Region
3.1 Global API Steam Turbine Production Value Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
3.2 Global API Steam Turbine Production Value by Region (2020-2031)
3.2.1 Global API Steam Turbine Production Value by Region (2020-2025)
3.2.2 Global Forecasted Production Value of API Steam Turbine by Region (2026-2031)
3.3 Global API Steam Turbine Production Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
3.4 Global API Steam Turbine Production Volume by Region (2020-2031)
3.4.1 Global API Steam Turbine Production by Region (2020-2025)
3.4.2 Global Forecasted Production of API Steam Turbine by Region (2026-2031)
3.5 Global API Steam Turbine Market Price Analysis by Region (2020-2025)
3.6 Global API Steam Turbine Production and Value, Year-over-Year Growth
3.6.1 North America API Steam Turbine Production Value Estimates and Forecasts (2020-2031)
3.6.2 Europe API Steam Turbine Production Value Estimates and Forecasts (2020-2031)
3.6.3 China API Steam Turbine Production Value Estimates and Forecasts (2020-2031)
3.6.4 Japan API Steam Turbine Production Value Estimates and Forecasts (2020-2031)
3.6.5 India API Steam Turbine Production Value Estimates and Forecasts (2020-2031)
4 API Steam Turbine Consumption by Region
4.1 Global API Steam Turbine Consumption Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
4.2 Global API Steam Turbine Consumption by Region (2020-2031)
4.2.1 Global API Steam Turbine Consumption by Region (2020-2025)
4.2.2 Global API Steam Turbine Forecasted Consumption by Region (2026-2031)
4.3 North America
4.3.1 North America API Steam Turbine Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
4.3.2 North America API Steam Turbine Consumption by Country (2020-2031)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe API Steam Turbine Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
4.4.2 Europe API Steam Turbine 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 API Steam Turbine Consumption Growth Rate by Region: 2020 VS 2024 VS 2031
4.5.2 Asia Pacific API Steam Turbine 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 API Steam Turbine Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
4.6.2 Latin America, Middle East & Africa API Steam Turbine 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 API Steam Turbine Production by Type (2020-2031)
5.1.1 Global API Steam Turbine Production by Type (2020-2025)
5.1.2 Global API Steam Turbine Production by Type (2026-2031)
5.1.3 Global API Steam Turbine Production Market Share by Type (2020-2031)
5.2 Global API Steam Turbine Production Value by Type (2020-2031)
5.2.1 Global API Steam Turbine Production Value by Type (2020-2025)
5.2.2 Global API Steam Turbine Production Value by Type (2026-2031)
5.2.3 Global API Steam Turbine Production Value Market Share by Type (2020-2031)
5.3 Global API Steam Turbine Price by Type (2020-2031)
6 Segment by Application
6.1 Global API Steam Turbine Production by Application (2020-2031)
6.1.1 Global API Steam Turbine Production by Application (2020-2025)
6.1.2 Global API Steam Turbine Production by Application (2026-2031)
6.1.3 Global API Steam Turbine Production Market Share by Application (2020-2031)
6.2 Global API Steam Turbine Production Value by Application (2020-2031)
6.2.1 Global API Steam Turbine Production Value by Application (2020-2025)
6.2.2 Global API Steam Turbine Production Value by Application (2026-2031)
6.2.3 Global API Steam Turbine Production Value Market Share by Application (2020-2031)
6.3 Global API Steam Turbine Price by Application (2020-2031)
7 Key Companies Profiled
7.1 Siemens
7.1.1 Siemens API Steam Turbine Company Information
7.1.2 Siemens API Steam Turbine Product Portfolio
7.1.3 Siemens API Steam Turbine Production, Value, Price and Gross Margin (2020-2025)
7.1.4 Siemens Main Business and Markets Served
7.1.5 Siemens Recent Developments/Updates
7.2 General Electric
7.2.1 General Electric API Steam Turbine Company Information
7.2.2 General Electric API Steam Turbine Product Portfolio
7.2.3 General Electric API Steam Turbine Production, Value, Price and Gross Margin (2020-2025)
7.2.4 General Electric Main Business and Markets Served
7.2.5 General Electric Recent Developments/Updates
7.3 Shanghai Electric
7.3.1 Shanghai Electric API Steam Turbine Company Information
7.3.2 Shanghai Electric API Steam Turbine Product Portfolio
7.3.3 Shanghai Electric API Steam Turbine Production, Value, Price and Gross Margin (2020-2025)
7.3.4 Shanghai Electric Main Business and Markets Served
7.3.5 Shanghai Electric Recent Developments/Updates
7.4 Dongfang Turbine
7.4.1 Dongfang Turbine API Steam Turbine Company Information
7.4.2 Dongfang Turbine API Steam Turbine Product Portfolio
7.4.3 Dongfang Turbine API Steam Turbine Production, Value, Price and Gross Margin (2020-2025)
7.4.4 Dongfang Turbine Main Business and Markets Served
7.4.5 Dongfang Turbine Recent Developments/Updates
7.5 Hangzhou Steam Turbine(HTC)
7.5.1 Hangzhou Steam Turbine(HTC) API Steam Turbine Company Information
7.5.2 Hangzhou Steam Turbine(HTC) API Steam Turbine Product Portfolio
7.5.3 Hangzhou Steam Turbine(HTC) API Steam Turbine 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 MAN Energy Solutions
7.6.1 MAN Energy Solutions API Steam Turbine Company Information
7.6.2 MAN Energy Solutions API Steam Turbine Product Portfolio
7.6.3 MAN Energy Solutions API Steam Turbine Production, Value, Price and Gross Margin (2020-2025)
7.6.4 MAN Energy Solutions Main Business and Markets Served
7.6.5 MAN Energy Solutions Recent Developments/Updates
7.7 Kawasaki Heavy Industries
7.7.1 Kawasaki Heavy Industries API Steam Turbine Company Information
7.7.2 Kawasaki Heavy Industries API Steam Turbine Product Portfolio
7.7.3 Kawasaki Heavy Industries API Steam Turbine Production, Value, Price and Gross Margin (2020-2025)
7.7.4 Kawasaki Heavy Industries Main Business and Markets Served
7.7.5 Kawasaki Heavy Industries Recent Developments/Updates
7.8 Mitsubishi Hitachi Power Systems
7.8.1 Mitsubishi Hitachi Power Systems API Steam Turbine Company Information
7.8.2 Mitsubishi Hitachi Power Systems API Steam Turbine Product Portfolio
7.8.3 Mitsubishi Hitachi Power Systems API Steam Turbine Production, Value, Price and Gross Margin (2020-2025)
7.8.4 Mitsubishi Hitachi Power Systems Main Business and Markets Served
7.8.5 Mitsubishi Hitachi Power Systems Recent Developments/Updates
7.9 Elliott
7.9.1 Elliott API Steam Turbine Company Information
7.9.2 Elliott API Steam Turbine Product Portfolio
7.9.3 Elliott API Steam Turbine Production, Value, Price and Gross Margin (2020-2025)
7.9.4 Elliott Main Business and Markets Served
7.9.5 Elliott Recent Developments/Updates
7.10 Triveni Turbine
7.10.1 Triveni Turbine API Steam Turbine Company Information
7.10.2 Triveni Turbine API Steam Turbine Product Portfolio
7.10.3 Triveni Turbine API Steam Turbine Production, Value, Price and Gross Margin (2020-2025)
7.10.4 Triveni Turbine Main Business and Markets Served
7.10.5 Triveni Turbine Recent Developments/Updates
7.11 Kessels
7.11.1 Kessels API Steam Turbine Company Information
7.11.2 Kessels API Steam Turbine Product Portfolio
7.11.3 Kessels API Steam Turbine Production, Value, Price and Gross Margin (2020-2025)
7.11.4 Kessels Main Business and Markets Served
7.11.5 Kessels Recent Developments/Updates
7.12 KEPL
7.12.1 KEPL API Steam Turbine Company Information
7.12.2 KEPL API Steam Turbine Product Portfolio
7.12.3 KEPL API Steam Turbine Production, Value, Price and Gross Margin (2020-2025)
7.12.4 KEPL Main Business and Markets Served
7.12.5 KEPL Recent Developments/Updates
7.13 CTMI
7.13.1 CTMI API Steam Turbine Company Information
7.13.2 CTMI API Steam Turbine Product Portfolio
7.13.3 CTMI API Steam Turbine Production, Value, Price and Gross Margin (2020-2025)
7.13.4 CTMI Main Business and Markets Served
7.13.5 CTMI Recent Developments/Updates
7.14 Skinner Power Systems
7.14.1 Skinner Power Systems API Steam Turbine Company Information
7.14.2 Skinner Power Systems API Steam Turbine Product Portfolio
7.14.3 Skinner Power Systems API Steam Turbine Production, Value, Price and Gross Margin (2020-2025)
7.14.4 Skinner Power Systems Main Business and Markets Served
7.14.5 Skinner Power Systems Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 API Steam Turbine Industry Chain Analysis
8.2 API Steam Turbine Raw Material Supply Analysis
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 API Steam Turbine Production Mode & Process Analysis
8.4 API Steam Turbine Sales and Marketing
8.4.1 API Steam Turbine Sales Channels
8.4.2 API Steam Turbine Distributors
8.5 API Steam Turbine Customer Analysis
9 API Steam Turbine Market Dynamics
9.1 API Steam Turbine Industry Trends
9.2 API Steam Turbine Market Drivers
9.3 API Steam Turbine Market Challenges
9.4 API Steam Turbine 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
Kessels
KEPL
Siemens AG
General Electric
Shanghai Electric
Dongfang Turbine
Hangzhou Steam Turbine(HTC)
MAN Energy Solutions
Kawasaki Heavy Industries
Mitsubishi Hitachi Power Systems
Elliott
Triveni Turbine
Skinner Power Systems
Ctmi
List of Tables
 Table 1. Global API Steam Turbine Market Value by Type, (US$ Million) & (2024 VS 2031)
 Table 2. Global API Steam Turbine Market Value by Application, (US$ Million) & (2024 VS 2031)
 Table 3. Global API Steam Turbine Production Capacity (MW) by Manufacturers in 2024
 Table 4. Global API Steam Turbine Production by Manufacturers (2020-2025) & (MW)
 Table 5. Global API Steam Turbine Production Market Share by Manufacturers (2020-2025)
 Table 6. Global API Steam Turbine Production Value by Manufacturers (2020-2025) & (US$ Million)
 Table 7. Global API Steam Turbine Production Value Share by Manufacturers (2020-2025)
 Table 8. Global Key Players of API Steam Turbine, Industry Ranking, 2023 VS 2024
 Table 9. Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Production Value in API Steam Turbine as of 2024)
 Table 10. Global Market API Steam Turbine Average Price by Manufacturers (US$/KW) & (2020-2025)
 Table 11. Global Key Manufacturers of API Steam Turbine, Manufacturing Base Distribution and Headquarters
 Table 12. Global Key Manufacturers of API Steam Turbine, Product Offered and Application
 Table 13. Global Key Manufacturers of API Steam Turbine, Date of Enter into This Industry
 Table 14. Global API Steam Turbine Manufacturers Market Concentration Ratio (CR5 and HHI)
 Table 15. Mergers & Acquisitions, Expansion Plans
 Table 16. Global API Steam Turbine Production Value by Region: 2020 VS 2024 VS 2031 (US$ Million)
 Table 17. Global API Steam Turbine Production Value (US$ Million) by Region (2020-2025)
 Table 18. Global API Steam Turbine Production Value Market Share by Region (2020-2025)
 Table 19. Global API Steam Turbine Production Value (US$ Million) Forecast by Region (2026-2031)
 Table 20. Global API Steam Turbine Production Value Market Share Forecast by Region (2026-2031)
 Table 21. Global API Steam Turbine Production Comparison by Region: 2020 VS 2024 VS 2031 (MW)
 Table 22. Global API Steam Turbine Production (MW) by Region (2020-2025)
 Table 23. Global API Steam Turbine Production Market Share by Region (2020-2025)
 Table 24. Global API Steam Turbine Production (MW) Forecast by Region (2026-2031)
 Table 25. Global API Steam Turbine Production Market Share Forecast by Region (2026-2031)
 Table 26. Global API Steam Turbine Market Average Price (US$/KW) by Region (2020-2025)
 Table 27. Global API Steam Turbine Market Average Price (US$/KW) by Region (2026-2031)
 Table 28. Global API Steam Turbine Consumption Growth Rate by Region: 2020 VS 2024 VS 2031 (MW)
 Table 29. Global API Steam Turbine Consumption by Region (2020-2025) & (MW)
 Table 30. Global API Steam Turbine Consumption Market Share by Region (2020-2025)
 Table 31. Global API Steam Turbine Forecasted Consumption by Region (2026-2031) & (MW)
 Table 32. Global API Steam Turbine Forecasted Consumption Market Share by Region (2026-2031)
 Table 33. North America API Steam Turbine Consumption Growth Rate by Country: 2020 VS 2024 VS 2031 (MW)
 Table 34. North America API Steam Turbine Consumption by Country (2020-2025) & (MW)
 Table 35. North America API Steam Turbine Consumption by Country (2026-2031) & (MW)
 Table 36. Europe API Steam Turbine Consumption Growth Rate by Country: 2020 VS 2024 VS 2031 (MW)
 Table 37. Europe API Steam Turbine Consumption by Country (2020-2025) & (MW)
 Table 38. Europe API Steam Turbine Consumption by Country (2026-2031) & (MW)
 Table 39. Asia Pacific API Steam Turbine Consumption Growth Rate by Region: 2020 VS 2024 VS 2031 (MW)
 Table 40. Asia Pacific API Steam Turbine Consumption by Region (2020-2025) & (MW)
 Table 41. Asia Pacific API Steam Turbine Consumption by Region (2026-2031) & (MW)
 Table 42. Latin America, Middle East & Africa API Steam Turbine Consumption Growth Rate by Country: 2020 VS 2024 VS 2031 (MW)
 Table 43. Latin America, Middle East & Africa API Steam Turbine Consumption by Country (2020-2025) & (MW)
 Table 44. Latin America, Middle East & Africa API Steam Turbine Consumption by Country (2026-2031) & (MW)
 Table 45. Global API Steam Turbine Production (MW) by Type (2020-2025)
 Table 46. Global API Steam Turbine Production (MW) by Type (2026-2031)
 Table 47. Global API Steam Turbine Production Market Share by Type (2020-2025)
 Table 48. Global API Steam Turbine Production Market Share by Type (2026-2031)
 Table 49. Global API Steam Turbine Production Value (US$ Million) by Type (2020-2025)
 Table 50. Global API Steam Turbine Production Value (US$ Million) by Type (2026-2031)
 Table 51. Global API Steam Turbine Production Value Market Share by Type (2020-2025)
 Table 52. Global API Steam Turbine Production Value Market Share by Type (2026-2031)
 Table 53. Global API Steam Turbine Price (US$/KW) by Type (2020-2025)
 Table 54. Global API Steam Turbine Price (US$/KW) by Type (2026-2031)
 Table 55. Global API Steam Turbine Production (MW) by Application (2020-2025)
 Table 56. Global API Steam Turbine Production (MW) by Application (2026-2031)
 Table 57. Global API Steam Turbine Production Market Share by Application (2020-2025)
 Table 58. Global API Steam Turbine Production Market Share by Application (2026-2031)
 Table 59. Global API Steam Turbine Production Value (US$ Million) by Application (2020-2025)
 Table 60. Global API Steam Turbine Production Value (US$ Million) by Application (2026-2031)
 Table 61. Global API Steam Turbine Production Value Market Share by Application (2020-2025)
 Table 62. Global API Steam Turbine Production Value Market Share by Application (2026-2031)
 Table 63. Global API Steam Turbine Price (US$/KW) by Application (2020-2025)
 Table 64. Global API Steam Turbine Price (US$/KW) by Application (2026-2031)
 Table 65. Siemens API Steam Turbine Company Information
 Table 66. Siemens API Steam Turbine Specification and Application
 Table 67. Siemens API Steam Turbine Production (MW), Value (US$ Million), Price (US$/KW) and Gross Margin (2020-2025)
 Table 68. Siemens Main Business and Markets Served
 Table 69. Siemens Recent Developments/Updates
 Table 70. General Electric API Steam Turbine Company Information
 Table 71. General Electric API Steam Turbine Specification and Application
 Table 72. General Electric API Steam Turbine Production (MW), Value (US$ Million), Price (US$/KW) and Gross Margin (2020-2025)
 Table 73. General Electric Main Business and Markets Served
 Table 74. General Electric Recent Developments/Updates
 Table 75. Shanghai Electric API Steam Turbine Company Information
 Table 76. Shanghai Electric API Steam Turbine Specification and Application
 Table 77. Shanghai Electric API Steam Turbine Production (MW), Value (US$ Million), Price (US$/KW) and Gross Margin (2020-2025)
 Table 78. Shanghai Electric Main Business and Markets Served
 Table 79. Shanghai Electric Recent Developments/Updates
 Table 80. Dongfang Turbine API Steam Turbine Company Information
 Table 81. Dongfang Turbine API Steam Turbine Specification and Application
 Table 82. Dongfang Turbine API Steam Turbine Production (MW), Value (US$ Million), Price (US$/KW) and Gross Margin (2020-2025)
 Table 83. Dongfang Turbine Main Business and Markets Served
 Table 84. Dongfang Turbine Recent Developments/Updates
 Table 85. Hangzhou Steam Turbine(HTC) API Steam Turbine Company Information
 Table 86. Hangzhou Steam Turbine(HTC) API Steam Turbine Specification and Application
 Table 87. Hangzhou Steam Turbine(HTC) API Steam Turbine Production (MW), Value (US$ Million), Price (US$/KW) and Gross Margin (2020-2025)
 Table 88. Hangzhou Steam Turbine(HTC) Main Business and Markets Served
 Table 89. Hangzhou Steam Turbine(HTC) Recent Developments/Updates
 Table 90. MAN Energy Solutions API Steam Turbine Company Information
 Table 91. MAN Energy Solutions API Steam Turbine Specification and Application
 Table 92. MAN Energy Solutions API Steam Turbine Production (MW), Value (US$ Million), Price (US$/KW) and Gross Margin (2020-2025)
 Table 93. MAN Energy Solutions Main Business and Markets Served
 Table 94. MAN Energy Solutions Recent Developments/Updates
 Table 95. Kawasaki Heavy Industries API Steam Turbine Company Information
 Table 96. Kawasaki Heavy Industries API Steam Turbine Specification and Application
 Table 97. Kawasaki Heavy Industries API Steam Turbine Production (MW), Value (US$ Million), Price (US$/KW) and Gross Margin (2020-2025)
 Table 98. Kawasaki Heavy Industries Main Business and Markets Served
 Table 99. Kawasaki Heavy Industries Recent Developments/Updates
 Table 100. Mitsubishi Hitachi Power Systems API Steam Turbine Company Information
 Table 101. Mitsubishi Hitachi Power Systems API Steam Turbine Specification and Application
 Table 102. Mitsubishi Hitachi Power Systems API Steam Turbine Production (MW), Value (US$ Million), Price (US$/KW) and Gross Margin (2020-2025)
 Table 103. Mitsubishi Hitachi Power Systems Main Business and Markets Served
 Table 104. Mitsubishi Hitachi Power Systems Recent Developments/Updates
 Table 105. Elliott API Steam Turbine Company Information
 Table 106. Elliott API Steam Turbine Specification and Application
 Table 107. Elliott API Steam Turbine Production (MW), Value (US$ Million), Price (US$/KW) and Gross Margin (2020-2025)
 Table 108. Elliott Main Business and Markets Served
 Table 109. Elliott Recent Developments/Updates
 Table 110. Triveni Turbine API Steam Turbine Company Information
 Table 111. Triveni Turbine API Steam Turbine Specification and Application
 Table 112. Triveni Turbine API Steam Turbine Production (MW), Value (US$ Million), Price (US$/KW) and Gross Margin (2020-2025)
 Table 113. Triveni Turbine Main Business and Markets Served
 Table 114. Triveni Turbine Recent Developments/Updates
 Table 115. Kessels API Steam Turbine Company Information
 Table 116. Kessels API Steam Turbine Specification and Application
 Table 117. Kessels API Steam Turbine Production (MW), Value (US$ Million), Price (US$/KW) and Gross Margin (2020-2025)
 Table 118. Kessels Main Business and Markets Served
 Table 119. Kessels Recent Developments/Updates
 Table 120. KEPL API Steam Turbine Company Information
 Table 121. KEPL API Steam Turbine Specification and Application
 Table 122. KEPL API Steam Turbine Production (MW), Value (US$ Million), Price (US$/KW) and Gross Margin (2020-2025)
 Table 123. KEPL Main Business and Markets Served
 Table 124. KEPL Recent Developments/Updates
 Table 125. CTMI API Steam Turbine Company Information
 Table 126. CTMI API Steam Turbine Specification and Application
 Table 127. CTMI API Steam Turbine Production (MW), Value (US$ Million), Price (US$/KW) and Gross Margin (2020-2025)
 Table 128. CTMI Main Business and Markets Served
 Table 129. CTMI Recent Developments/Updates
 Table 130. Skinner Power Systems API Steam Turbine Company Information
 Table 131. Skinner Power Systems API Steam Turbine Specification and Application
 Table 132. Skinner Power Systems API Steam Turbine Production (MW), Value (US$ Million), Price (US$/KW) and Gross Margin (2020-2025)
 Table 133. Skinner Power Systems Main Business and Markets Served
 Table 134. Skinner Power Systems Recent Developments/Updates
 Table 135. Key Raw Materials Lists
 Table 136. Raw Materials Key Suppliers Lists
 Table 137. API Steam Turbine Distributors List
 Table 138. API Steam Turbine Customers List
 Table 139. API Steam Turbine Market Trends
 Table 140. API Steam Turbine Market Drivers
 Table 141. API Steam Turbine Market Challenges
 Table 142. API Steam Turbine 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 API Steam Turbine
 Figure 2. Global API Steam Turbine Market Value by Type, (US$ Million) & (2020-2031)
 Figure 3. Global API Steam Turbine Market Share by Type: 2024 VS 2031
 Figure 4. API 611 General Purpose Steam Turbine Product Picture
 Figure 5. API 612 Special Purpose Turbine Product Picture
 Figure 6. Global API Steam Turbine Market Value by Application, (US$ Million) & (2020-2031)
 Figure 7. Global API Steam Turbine Market Share by Application: 2024 VS 2031
 Figure 8. Oil and Gas
 Figure 9. Chemical
 Figure 10. Power Generation
 Figure 11. Others
 Figure 12. Global API Steam Turbine Production Value (US$ Million), 2020 VS 2024 VS 2031
 Figure 13. Global API Steam Turbine Production Value (US$ Million) & (2020-2031)
 Figure 14. Global API Steam Turbine Production Capacity (MW) & (2020-2031)
 Figure 15. Global API Steam Turbine Production (MW) & (2020-2031)
 Figure 16. Global API Steam Turbine Average Price (US$/KW) & (2020-2031)
 Figure 17. API Steam Turbine Report Years Considered
 Figure 18. API Steam Turbine Production Share by Manufacturers in 2024
 Figure 19. Global API Steam Turbine Production Value Share by Manufacturers (2024)
 Figure 20. API Steam Turbine Market Share by Company Type (Tier 1, Tier 2, and Tier 3): 2020 VS 2024
 Figure 21. The Global 5 and 10 Largest Players: Market Share by API Steam Turbine Revenue in 2024
 Figure 22. Global API Steam Turbine Production Value by Region: 2020 VS 2024 VS 2031 (US$ Million)
 Figure 23. Global API Steam Turbine Production Value Market Share by Region: 2020 VS 2024 VS 2031
 Figure 24. Global API Steam Turbine Production Comparison by Region: 2020 VS 2024 VS 2031 (MW)
 Figure 25. Global API Steam Turbine Production Market Share by Region: 2020 VS 2024 VS 2031
 Figure 26. North America API Steam Turbine Production Value (US$ Million) Growth Rate (2020-2031)
 Figure 27. Europe API Steam Turbine Production Value (US$ Million) Growth Rate (2020-2031)
 Figure 28. China API Steam Turbine Production Value (US$ Million) Growth Rate (2020-2031)
 Figure 29. Japan API Steam Turbine Production Value (US$ Million) Growth Rate (2020-2031)
 Figure 30. India API Steam Turbine Production Value (US$ Million) Growth Rate (2020-2031)
 Figure 31. Global API Steam Turbine Consumption by Region: 2020 VS 2024 VS 2031 (MW)
 Figure 32. Global API Steam Turbine Consumption Market Share by Region: 2020 VS 2024 VS 2031
 Figure 33. North America API Steam Turbine Consumption and Growth Rate (2020-2031) & (MW)
 Figure 34. North America API Steam Turbine Consumption Market Share by Country (2020-2031)
 Figure 35. U.S. API Steam Turbine Consumption and Growth Rate (2020-2031) & (MW)
 Figure 36. Canada API Steam Turbine Consumption and Growth Rate (2020-2031) & (MW)
 Figure 37. Europe API Steam Turbine Consumption and Growth Rate (2020-2031) & (MW)
 Figure 38. Europe API Steam Turbine Consumption Market Share by Country (2020-2031)
 Figure 39. Germany API Steam Turbine Consumption and Growth Rate (2020-2031) & (MW)
 Figure 40. France API Steam Turbine Consumption and Growth Rate (2020-2031) & (MW)
 Figure 41. U.K. API Steam Turbine Consumption and Growth Rate (2020-2031) & (MW)
 Figure 42. Italy API Steam Turbine Consumption and Growth Rate (2020-2031) & (MW)
 Figure 43. Netherlands API Steam Turbine Consumption and Growth Rate (2020-2031) & (MW)
 Figure 44. Asia Pacific API Steam Turbine Consumption and Growth Rate (2020-2031) & (MW)
 Figure 45. Asia Pacific API Steam Turbine Consumption Market Share by Region (2020-2031)
 Figure 46. China API Steam Turbine Consumption and Growth Rate (2020-2031) & (MW)
 Figure 47. Japan API Steam Turbine Consumption and Growth Rate (2020-2031) & (MW)
 Figure 48. South Korea API Steam Turbine Consumption and Growth Rate (2020-2031) & (MW)
 Figure 49. China Taiwan API Steam Turbine Consumption and Growth Rate (2020-2031) & (MW)
 Figure 50. Southeast Asia API Steam Turbine Consumption and Growth Rate (2020-2031) & (MW)
 Figure 51. India API Steam Turbine Consumption and Growth Rate (2020-2031) & (MW)
 Figure 52. Latin America, Middle East & Africa API Steam Turbine Consumption and Growth Rate (2020-2031) & (MW)
 Figure 53. Latin America, Middle East & Africa API Steam Turbine Consumption Market Share by Country (2020-2031)
 Figure 54. Mexico API Steam Turbine Consumption and Growth Rate (2020-2031) & (MW)
 Figure 55. Brazil API Steam Turbine Consumption and Growth Rate (2020-2031) & (MW)
 Figure 56. Turkey API Steam Turbine Consumption and Growth Rate (2020-2031) & (MW)
 Figure 57. GCC Countries API Steam Turbine Consumption and Growth Rate (2020-2031) & (MW)
 Figure 58. Global Production Market Share of API Steam Turbine by Type (2020-2031)
 Figure 59. Global Production Value Market Share of API Steam Turbine by Type (2020-2031)
 Figure 60. Global API Steam Turbine Price (US$/KW) by Type (2020-2031)
 Figure 61. Global Production Market Share of API Steam Turbine by Application (2020-2031)
 Figure 62. Global Production Value Market Share of API Steam Turbine by Application (2020-2031)
 Figure 63. Global API Steam Turbine Price (US$/KW) by Application (2020-2031)
 Figure 64. API Steam Turbine Value Chain
 Figure 65. Channels of Distribution (Direct Vs Distribution)
 Figure 66. Bottom-up and Top-down Approaches for This Report
 Figure 67. Data Triangulation
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