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Industrial Steam Turbines - Global Market Share and Ranking, Overall Sales and Demand Forecast 2025-2031
Industry: Machinery & Equipment
Published Date: 2025-04-13
Pages: 114 Pages
Report ld: 3678607
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Industrial Steam Turbines Market Size(US$)
CAGR 2025-2031
5.3%
Market Size,2031
USD 4,706
Million
Market Snapshot
Market Size in 2025 (Value)
US$ 3,450 million
Market Forecast in 2031(Value)
US$ 4,706 million
CAGR
5.3%
Years Considered
2020-2031
Base Year
2025
Forecast Period
2025-2031
Source: Secondary research, interviews with experts, and QYResearch analysis
The global market for Industrial Steam Turbines was estimated to be worth US$ 3289 million in 2024 and is forecast to a readjusted size of US$ 4706 million by 2031 with a CAGR of 5.3% during the forecast period 2025-2031.
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.
This report aims to provide a comprehensive presentation of the global market for Industrial Steam Turbines, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Industrial Steam Turbines by region & country, by Type, and by Application.
The Industrial Steam Turbines market size, estimations, and forecasts are provided in terms of sales volume (MW) and sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. 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.
MARKET SEGMENTATION
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
Consumption by Region
- North America
- United States
- Canada
- Asia-Pacific
- China
- Japan
- South Korea
- Southeast Asia
- India
- Australia
- Rest of Asia-Pacific
- Europe
- Germany
- France
- U.K.
- Italy
- Netherlands
- Nordic Countries
- Rest of Europe
- Latin America
- Mexico
- Brazil
- Rest of Latin America
- Middle East & Africa
- Turkey
- Saudi Arabia
- UAE
- Rest of MEA
Segment by Type
- Non-Condensing Steam Turbine
- Condensing Steam Turbine
Segment by Application
- Oil and Gas
- General Industry
- Others
CHAPTER OUTLINE
Chapter 1: Introduces the report scope of the report, global total market size (value, volume and price). This chapter also provides 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 2: Detailed analysis of Industrial Steam Turbines manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: 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 4: 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 5: Sales, revenue of Industrial Steam Turbines in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of Industrial Steam Turbines in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.
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TABLE OF CONTENTS
1 Market Overview
1.1 Industrial Steam Turbines Product Introduction
1.2 Global Industrial Steam Turbines Market Size Forecast
1.2.1 Global Industrial Steam Turbines Sales Value (2020-2031)
1.2.2 Global Industrial Steam Turbines Sales Volume (2020-2031)
1.2.3 Global Industrial Steam Turbines Sales Price (2020-2031)
1.3 Industrial Steam Turbines Market Trends & Drivers
1.3.1 Industrial Steam Turbines Industry Trends
1.3.2 Industrial Steam Turbines Market Drivers & Opportunity
1.3.3 Industrial Steam Turbines Market Challenges
1.3.4 Industrial Steam Turbines Market Restraints
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Competitive Analysis by Company
2.1 Global Industrial Steam Turbines Players Revenue Ranking (2024)
2.2 Global Industrial Steam Turbines Revenue by Company (2020-2025)
2.3 Global Industrial Steam Turbines Players Sales Volume Ranking (2024)
2.4 Global Industrial Steam Turbines Sales Volume by Company Players (2020-2025)
2.5 Global Industrial Steam Turbines Average Price by Company (2020-2025)
2.6 Key Manufacturers Industrial Steam Turbines Manufacturing Base and Headquarters
2.7 Key Manufacturers Industrial Steam Turbines Product Offered
2.8 Key Manufacturers Time to Begin Mass Production of Industrial Steam Turbines
2.9 Industrial Steam Turbines Market Competitive Analysis
2.9.1 Industrial Steam Turbines Market Concentration Rate (2020-2025)
2.9.2 Global 5 and 10 Largest Manufacturers by Industrial Steam Turbines Revenue in 2024
2.9.3 Global Top Manufacturers by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Industrial Steam Turbines as of 2024)
2.10 Mergers & Acquisitions, Expansion
3 Segmentation by Type
3.1 Introduction by Type
3.1.1 Non-Condensing Steam Turbine
3.1.2 Condensing Steam Turbine
3.2 Global Industrial Steam Turbines Sales Value by Type
3.2.1 Global Industrial Steam Turbines Sales Value by Type (2020 VS 2024 VS 2031)
3.2.2 Global Industrial Steam Turbines Sales Value, by Type (2020-2031)
3.2.3 Global Industrial Steam Turbines Sales Value, by Type (%) (2020-2031)
3.3 Global Industrial Steam Turbines Sales Volume by Type
3.3.1 Global Industrial Steam Turbines Sales Volume by Type (2020 VS 2024 VS 2031)
3.3.2 Global Industrial Steam Turbines Sales Volume, by Type (2020-2031)
3.3.3 Global Industrial Steam Turbines Sales Volume, by Type (%) (2020-2031)
3.4 Global Industrial Steam Turbines Average Price by Type (2020-2031)
4 Segmentation by Application
4.1 Introduction by Application
4.1.1 Oil and Gas
4.1.2 General Industry
4.1.3 Others
4.2 Global Industrial Steam Turbines Sales Value by Application
4.2.1 Global Industrial Steam Turbines Sales Value by Application (2020 VS 2024 VS 2031)
4.2.2 Global Industrial Steam Turbines Sales Value, by Application (2020-2031)
4.2.3 Global Industrial Steam Turbines Sales Value, by Application (%) (2020-2031)
4.3 Global Industrial Steam Turbines Sales Volume by Application
4.3.1 Global Industrial Steam Turbines Sales Volume by Application (2020 VS 2024 VS 2031)
4.3.2 Global Industrial Steam Turbines Sales Volume, by Application (2020-2031)
4.3.3 Global Industrial Steam Turbines Sales Volume, by Application (%) (2020-2031)
4.4 Global Industrial Steam Turbines Average Price by Application (2020-2031)
5 Segmentation by Region
5.1 Global Industrial Steam Turbines Sales Value by Region
5.1.1 Global Industrial Steam Turbines Sales Value by Region: 2020 VS 2024 VS 2031
5.1.2 Global Industrial Steam Turbines Sales Value by Region (2020-2025)
5.1.3 Global Industrial Steam Turbines Sales Value by Region (2026-2031)
5.1.4 Global Industrial Steam Turbines Sales Value by Region (%), (2020-2031)
5.2 Global Industrial Steam Turbines Sales Volume by Region
5.2.1 Global Industrial Steam Turbines Sales Volume by Region: 2020 VS 2024 VS 2031
5.2.2 Global Industrial Steam Turbines Sales Volume by Region (2020-2025)
5.2.3 Global Industrial Steam Turbines Sales Volume by Region (2026-2031)
5.2.4 Global Industrial Steam Turbines Sales Volume by Region (%), (2020-2031)
5.3 Global Industrial Steam Turbines Average Price by Region (2020-2031)
5.4 North America
5.4.1 North America Industrial Steam Turbines Sales Value, 2020-2031
5.4.2 North America Industrial Steam Turbines Sales Value by Country (%), 2024 VS 2031
5.5 Europe
5.5.1 Europe Industrial Steam Turbines Sales Value, 2020-2031
5.5.2 Europe Industrial Steam Turbines Sales Value by Country (%), 2024 VS 2031
5.6 Asia Pacific
5.6.1 Asia Pacific Industrial Steam Turbines Sales Value, 2020-2031
5.6.2 Asia Pacific Industrial Steam Turbines Sales Value by Region (%), 2024 VS 2031
5.7 South America
5.7.1 South America Industrial Steam Turbines Sales Value, 2020-2031
5.7.2 South America Industrial Steam Turbines Sales Value by Country (%), 2024 VS 2031
5.8 Middle East & Africa
5.8.1 Middle East & Africa Industrial Steam Turbines Sales Value, 2020-2031
5.8.2 Middle East & Africa Industrial Steam Turbines Sales Value by Country (%), 2024 VS 2031
6 Segmentation by Key Countries/Regions
6.1 Key Countries/Regions Industrial Steam Turbines Sales Value Growth Trends, 2020 VS 2024 VS 2031
6.2 Key Countries/Regions Industrial Steam Turbines Sales Value and Sales Volume
6.2.1 Key Countries/Regions Industrial Steam Turbines Sales Value, 2020-2031
6.2.2 Key Countries/Regions Industrial Steam Turbines Sales Volume, 2020-2031
6.3 United States
6.3.1 United States Industrial Steam Turbines Sales Value, 2020-2031
6.3.2 United States Industrial Steam Turbines Sales Value by Type (%), 2024 VS 2031
6.3.3 United States Industrial Steam Turbines Sales Value by Application, 2024 VS 2031
6.4 Europe
6.4.1 Europe Industrial Steam Turbines Sales Value, 2020-2031
6.4.2 Europe Industrial Steam Turbines Sales Value by Type (%), 2024 VS 2031
6.4.3 Europe Industrial Steam Turbines Sales Value by Application, 2024 VS 2031
6.5 China
6.5.1 China Industrial Steam Turbines Sales Value, 2020-2031
6.5.2 China Industrial Steam Turbines Sales Value by Type (%), 2024 VS 2031
6.5.3 China Industrial Steam Turbines Sales Value by Application, 2024 VS 2031
6.6 Japan
6.6.1 Japan Industrial Steam Turbines Sales Value, 2020-2031
6.6.2 Japan Industrial Steam Turbines Sales Value by Type (%), 2024 VS 2031
6.6.3 Japan Industrial Steam Turbines Sales Value by Application, 2024 VS 2031
6.7 South Korea
6.7.1 South Korea Industrial Steam Turbines Sales Value, 2020-2031
6.7.2 South Korea Industrial Steam Turbines Sales Value by Type (%), 2024 VS 2031
6.7.3 South Korea Industrial Steam Turbines Sales Value by Application, 2024 VS 2031
6.8 Southeast Asia
6.8.1 Southeast Asia Industrial Steam Turbines Sales Value, 2020-2031
6.8.2 Southeast Asia Industrial Steam Turbines Sales Value by Type (%), 2024 VS 2031
6.8.3 Southeast Asia Industrial Steam Turbines Sales Value by Application, 2024 VS 2031
6.9 India
6.9.1 India Industrial Steam Turbines Sales Value, 2020-2031
6.9.2 India Industrial Steam Turbines Sales Value by Type (%), 2024 VS 2031
6.9.3 India Industrial Steam Turbines Sales Value by Application, 2024 VS 2031
7 Company Profiles
7.1 General Electric
7.1.1 General Electric Company Information
7.1.2 General Electric Introduction and Business Overview
7.1.3 General Electric Industrial Steam Turbines Sales, Revenue, Price and Gross Margin (2020-2025)
7.1.4 General Electric Industrial Steam Turbines Product Offerings
7.1.5 General Electric Recent Development
7.2 Siemens
7.2.1 Siemens Company Information
7.2.2 Siemens Introduction and Business Overview
7.2.3 Siemens Industrial Steam Turbines Sales, Revenue, Price and Gross Margin (2020-2025)
7.2.4 Siemens Industrial Steam Turbines Product Offerings
7.2.5 Siemens Recent Development
7.3 Dongfang Turbine
7.3.1 Dongfang Turbine Company Information
7.3.2 Dongfang Turbine Introduction and Business Overview
7.3.3 Dongfang Turbine Industrial Steam Turbines Sales, Revenue, Price and Gross Margin (2020-2025)
7.3.4 Dongfang Turbine Industrial Steam Turbines Product Offerings
7.3.5 Dongfang Turbine Recent Development
7.4 Shanghai Electric
7.4.1 Shanghai Electric Company Information
7.4.2 Shanghai Electric Introduction and Business Overview
7.4.3 Shanghai Electric Industrial Steam Turbines Sales, Revenue, Price and Gross Margin (2020-2025)
7.4.4 Shanghai Electric Industrial Steam Turbines Product Offerings
7.4.5 Shanghai Electric Recent Development
7.5 Hangzhou Steam Turbine(HTC)
7.5.1 Hangzhou Steam Turbine(HTC) Company Information
7.5.2 Hangzhou Steam Turbine(HTC) Introduction and Business Overview
7.5.3 Hangzhou Steam Turbine(HTC) Industrial Steam Turbines Sales, Revenue, Price and Gross Margin (2020-2025)
7.5.4 Hangzhou Steam Turbine(HTC) Industrial Steam Turbines Product Offerings
7.5.5 Hangzhou Steam Turbine(HTC) Recent Development
7.6 Harbin Electric Corporation
7.6.1 Harbin Electric Corporation Company Information
7.6.2 Harbin Electric Corporation Introduction and Business Overview
7.6.3 Harbin Electric Corporation Industrial Steam Turbines Sales, Revenue, Price and Gross Margin (2020-2025)
7.6.4 Harbin Electric Corporation Industrial Steam Turbines Product Offerings
7.6.5 Harbin Electric Corporation Recent Development
7.7 Mitsubishi Power
7.7.1 Mitsubishi Power Company Information
7.7.2 Mitsubishi Power Introduction and Business Overview
7.7.3 Mitsubishi Power Industrial Steam Turbines Sales, Revenue, Price and Gross Margin (2020-2025)
7.7.4 Mitsubishi Power Industrial Steam Turbines Product Offerings
7.7.5 Mitsubishi Power Recent Development
7.8 MAN Energy Solutions
7.8.1 MAN Energy Solutions Company Information
7.8.2 MAN Energy Solutions Introduction and Business Overview
7.8.3 MAN Energy Solutions Industrial Steam Turbines Sales, Revenue, Price and Gross Margin (2020-2025)
7.8.4 MAN Energy Solutions Industrial Steam Turbines Product Offerings
7.8.5 MAN Energy Solutions Recent Development
7.9 Fuji Electric
7.9.1 Fuji Electric Company Information
7.9.2 Fuji Electric Introduction and Business Overview
7.9.3 Fuji Electric Industrial Steam Turbines Sales, Revenue, Price and Gross Margin (2020-2025)
7.9.4 Fuji Electric Industrial Steam Turbines Product Offerings
7.9.5 Fuji Electric Recent Development
7.10 Ebara Elliott
7.10.1 Ebara Elliott Company Information
7.10.2 Ebara Elliott Introduction and Business Overview
7.10.3 Ebara Elliott Industrial Steam Turbines Sales, Revenue, Price and Gross Margin (2020-2025)
7.10.4 Ebara Elliott Industrial Steam Turbines Product Offerings
7.10.5 Ebara Elliott Recent Development
7.11 Doosan
7.11.1 Doosan Company Information
7.11.2 Doosan Introduction and Business Overview
7.11.3 Doosan Industrial Steam Turbines Sales, Revenue, Price and Gross Margin (2020-2025)
7.11.4 Doosan Industrial Steam Turbines Product Offerings
7.11.5 Doosan Recent Development
7.12 Ansaldo
7.12.1 Ansaldo Company Information
7.12.2 Ansaldo Introduction and Business Overview
7.12.3 Ansaldo Industrial Steam Turbines Sales, Revenue, Price and Gross Margin (2020-2025)
7.12.4 Ansaldo Industrial Steam Turbines Product Offerings
7.12.5 Ansaldo Recent Development
7.13 Kawasaki Heavy Industries
7.13.1 Kawasaki Heavy Industries Company Information
7.13.2 Kawasaki Heavy Industries Introduction and Business Overview
7.13.3 Kawasaki Heavy Industries Industrial Steam Turbines Sales, Revenue, Price and Gross Margin (2020-2025)
7.13.4 Kawasaki Heavy Industries Industrial Steam Turbines Product Offerings
7.13.5 Kawasaki Heavy Industries Recent Development
7.14 Power Machines
7.14.1 Power Machines Company Information
7.14.2 Power Machines Introduction and Business Overview
7.14.3 Power Machines Industrial Steam Turbines Sales, Revenue, Price and Gross Margin (2020-2025)
7.14.4 Power Machines Industrial Steam Turbines Product Offerings
7.14.5 Power Machines Recent Development
8 Industry Chain Analysis
8.1 Industrial Steam Turbines Industrial Chain
8.2 Industrial Steam Turbines Upstream Analysis
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.2.3 Manufacturing Cost Structure
8.3 Midstream Analysis
8.4 Downstream Analysis (Customers Analysis)
8.5 Sales Model and Sales Channels
8.5.1 Industrial Steam Turbines Sales Model
8.5.2 Sales Channel
8.5.3 Industrial Steam Turbines Distributors
9 Research Findings and Conclusion
10 Appendix
10.1 Research Methodology
10.1.1 Methodology/Research Approach
10.1.1.1 Research Programs/Design
10.1.1.2 Market Size Estimation
10.1.1.3 Market Breakdown and Data Triangulation
10.1.2 Data Source
10.1.2.1 Secondary Sources
10.1.2.2 Primary Sources
10.2 Author Details
10.3 Disclaimer
TABLE OF FIGURES
List of Tables
Table 1. Industrial Steam Turbines Market Trends
Table 2. Industrial Steam Turbines Market Drivers & Opportunity
Table 3. Industrial Steam Turbines Market Challenges
Table 4. Industrial Steam Turbines Market Restraints
Table 5. Global Industrial Steam Turbines Revenue by Company (2020-2025) & (US$ Million)
Table 6. Global Industrial Steam Turbines Revenue Market Share by Company (2020-2025)
Table 7. Global Industrial Steam Turbines Sales Volume by Company (2020-2025) & (MW)
Table 8. Global Industrial Steam Turbines Sales Volume Market Share by Company (2020-2025)
Table 9. Global Market Industrial Steam Turbines Price by Company (2020-2025) & (USD/KW)
Table 10. Key Manufacturers Industrial Steam Turbines Manufacturing Base and Headquarters
Table 11. Key Manufacturers Industrial Steam Turbines Product Type
Table 12. Key Manufacturers Time to Begin Mass Production of Industrial Steam Turbines
Table 13. Global Industrial Steam Turbines Manufacturers Market Concentration Ratio (CR5 and HHI)
Table 14. Global Top Manufacturers Market Share by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Industrial Steam Turbines as of 2024)
Table 15. Mergers & Acquisitions, Expansion Plans
Table 16. Global Industrial Steam Turbines Sales Value by Type: 2020 VS 2024 VS 2031 (US$ Million)
Table 17. Global Industrial Steam Turbines Sales Value by Type (2020-2025) & (US$ Million)
Table 18. Global Industrial Steam Turbines Sales Value by Type (2026-2031) & (US$ Million)
Table 19. Global Industrial Steam Turbines Sales Market Share in Value by Type (2020-2025)
Table 20. Global Industrial Steam Turbines Sales Market Share in Value by Type (2026-2031)
Table 21. Global Industrial Steam Turbines Sales Volume by Type: 2020 VS 2024 VS 2031 (MW)
Table 22. Global Industrial Steam Turbines Sales Volume by Type (2020-2025) & (MW)
Table 23. Global Industrial Steam Turbines Sales Volume by Type (2026-2031) & (MW)
Table 24. Global Industrial Steam Turbines Sales Market Share in Volume by Type (2020-2025)
Table 25. Global Industrial Steam Turbines Sales Market Share in Volume by Type (2026-2031)
Table 26. Global Industrial Steam Turbines Price by Type (2020-2025) & (USD/KW)
Table 27. Global Industrial Steam Turbines Price by Type (2026-2031) & (USD/KW)
Table 28. Global Industrial Steam Turbines Sales Value by Application: 2020 VS 2024 VS 2031 (US$ Million)
Table 29. Global Industrial Steam Turbines Sales Value by Application (2020-2025) & (US$ Million)
Table 30. Global Industrial Steam Turbines Sales Value by Application (2026-2031) & (US$ Million)
Table 31. Global Industrial Steam Turbines Sales Market Share in Value by Application (2020-2025)
Table 32. Global Industrial Steam Turbines Sales Market Share in Value by Application (2026-2031)
Table 33. Global Industrial Steam Turbines Sales Volume by Application: 2020 VS 2024 VS 2031 (MW)
Table 34. Global Industrial Steam Turbines Sales Volume by Application (2020-2025) & (MW)
Table 35. Global Industrial Steam Turbines Sales Volume by Application (2026-2031) & (MW)
Table 36. Global Industrial Steam Turbines Sales Market Share in Volume by Application (2020-2025)
Table 37. Global Industrial Steam Turbines Sales Market Share in Volume by Application (2026-2031)
Table 38. Global Industrial Steam Turbines Price by Application (2020-2025) & (USD/KW)
Table 39. Global Industrial Steam Turbines Price by Application (2026-2031) & (USD/KW)
Table 40. Global Industrial Steam Turbines Sales Value by Region, (2020 VS 2024 VS 2031) & (US$ Million)
Table 41. Global Industrial Steam Turbines Sales Value by Region (2020-2025) & (US$ Million)
Table 42. Global Industrial Steam Turbines Sales Value by Region (2026-2031) & (US$ Million)
Table 43. Global Industrial Steam Turbines Sales Value by Region (2020-2025) & (%)
Table 44. Global Industrial Steam Turbines Sales Value by Region (2026-2031) & (%)
Table 45. Global Industrial Steam Turbines Sales Volume by Region (MW): 2020 VS 2024 VS 2031
Table 46. Global Industrial Steam Turbines Sales Volume by Region (2020-2025) & (MW)
Table 47. Global Industrial Steam Turbines Sales Volume by Region (2026-2031) & (MW)
Table 48. Global Industrial Steam Turbines Sales Volume by Region (2020-2025) & (%)
Table 49. Global Industrial Steam Turbines Sales Volume by Region (2026-2031) & (%)
Table 50. Global Industrial Steam Turbines Average Price by Region (2020-2025) & (USD/KW)
Table 51. Global Industrial Steam Turbines Average Price by Region (2026-2031) & (USD/KW)
Table 52. Key Countries/Regions Industrial Steam Turbines Sales Value Growth Trends, (US$ Million): 2020 VS 2024 VS 2031
Table 53. Key Countries/Regions Industrial Steam Turbines Sales Value, (2020-2025) & (US$ Million)
Table 54. Key Countries/Regions Industrial Steam Turbines Sales Value, (2026-2031) & (US$ Million)
Table 55. Key Countries/Regions Industrial Steam Turbines Sales Volume, (2020-2025) & (MW)
Table 56. Key Countries/Regions Industrial Steam Turbines Sales Volume, (2026-2031) & (MW)
Table 57. General Electric Company Information
Table 58. General Electric Introduction and Business Overview
Table 59. General Electric Industrial Steam Turbines Sales (MW), Revenue (US$ Million), Price (USD/KW) and Gross Margin (2020-2025)
Table 60. General Electric Industrial Steam Turbines Product Offerings
Table 61. General Electric Recent Development
Table 62. Siemens Company Information
Table 63. Siemens Introduction and Business Overview
Table 64. Siemens Industrial Steam Turbines Sales (MW), Revenue (US$ Million), Price (USD/KW) and Gross Margin (2020-2025)
Table 65. Siemens Industrial Steam Turbines Product Offerings
Table 66. Siemens Recent Development
Table 67. Dongfang Turbine Company Information
Table 68. Dongfang Turbine Introduction and Business Overview
Table 69. Dongfang Turbine Industrial Steam Turbines Sales (MW), Revenue (US$ Million), Price (USD/KW) and Gross Margin (2020-2025)
Table 70. Dongfang Turbine Industrial Steam Turbines Product Offerings
Table 71. Dongfang Turbine Recent Development
Table 72. Shanghai Electric Company Information
Table 73. Shanghai Electric Introduction and Business Overview
Table 74. Shanghai Electric Industrial Steam Turbines Sales (MW), Revenue (US$ Million), Price (USD/KW) and Gross Margin (2020-2025)
Table 75. Shanghai Electric Industrial Steam Turbines Product Offerings
Table 76. Shanghai Electric Recent Development
Table 77. Hangzhou Steam Turbine(HTC) Company Information
Table 78. Hangzhou Steam Turbine(HTC) Introduction and Business Overview
Table 79. Hangzhou Steam Turbine(HTC) Industrial Steam Turbines Sales (MW), Revenue (US$ Million), Price (USD/KW) and Gross Margin (2020-2025)
Table 80. Hangzhou Steam Turbine(HTC) Industrial Steam Turbines Product Offerings
Table 81. Hangzhou Steam Turbine(HTC) Recent Development
Table 82. Harbin Electric Corporation Company Information
Table 83. Harbin Electric Corporation Introduction and Business Overview
Table 84. Harbin Electric Corporation Industrial Steam Turbines Sales (MW), Revenue (US$ Million), Price (USD/KW) and Gross Margin (2020-2025)
Table 85. Harbin Electric Corporation Industrial Steam Turbines Product Offerings
Table 86. Harbin Electric Corporation Recent Development
Table 87. Mitsubishi Power Company Information
Table 88. Mitsubishi Power Introduction and Business Overview
Table 89. Mitsubishi Power Industrial Steam Turbines Sales (MW), Revenue (US$ Million), Price (USD/KW) and Gross Margin (2020-2025)
Table 90. Mitsubishi Power Industrial Steam Turbines Product Offerings
Table 91. Mitsubishi Power Recent Development
Table 92. MAN Energy Solutions Company Information
Table 93. MAN Energy Solutions Introduction and Business Overview
Table 94. MAN Energy Solutions Industrial Steam Turbines Sales (MW), Revenue (US$ Million), Price (USD/KW) and Gross Margin (2020-2025)
Table 95. MAN Energy Solutions Industrial Steam Turbines Product Offerings
Table 96. MAN Energy Solutions Recent Development
Table 97. Fuji Electric Company Information
Table 98. Fuji Electric Introduction and Business Overview
Table 99. Fuji Electric Industrial Steam Turbines Sales (MW), Revenue (US$ Million), Price (USD/KW) and Gross Margin (2020-2025)
Table 100. Fuji Electric Industrial Steam Turbines Product Offerings
Table 101. Fuji Electric Recent Development
Table 102. Ebara Elliott Company Information
Table 103. Ebara Elliott Introduction and Business Overview
Table 104. Ebara Elliott Industrial Steam Turbines Sales (MW), Revenue (US$ Million), Price (USD/KW) and Gross Margin (2020-2025)
Table 105. Ebara Elliott Industrial Steam Turbines Product Offerings
Table 106. Ebara Elliott Recent Development
Table 107. Doosan Company Information
Table 108. Doosan Introduction and Business Overview
Table 109. Doosan Industrial Steam Turbines Sales (MW), Revenue (US$ Million), Price (USD/KW) and Gross Margin (2020-2025)
Table 110. Doosan Industrial Steam Turbines Product Offerings
Table 111. Doosan Recent Development
Table 112. Ansaldo Company Information
Table 113. Ansaldo Introduction and Business Overview
Table 114. Ansaldo Industrial Steam Turbines Sales (MW), Revenue (US$ Million), Price (USD/KW) and Gross Margin (2020-2025)
Table 115. Ansaldo Industrial Steam Turbines Product Offerings
Table 116. Ansaldo Recent Development
Table 117. Kawasaki Heavy Industries Company Information
Table 118. Kawasaki Heavy Industries Introduction and Business Overview
Table 119. Kawasaki Heavy Industries Industrial Steam Turbines Sales (MW), Revenue (US$ Million), Price (USD/KW) and Gross Margin (2020-2025)
Table 120. Kawasaki Heavy Industries Industrial Steam Turbines Product Offerings
Table 121. Kawasaki Heavy Industries Recent Development
Table 122. Power Machines Company Information
Table 123. Power Machines Introduction and Business Overview
Table 124. Power Machines Industrial Steam Turbines Sales (MW), Revenue (US$ Million), Price (USD/KW) and Gross Margin (2020-2025)
Table 125. Power Machines Industrial Steam Turbines Product Offerings
Table 126. Power Machines Recent Development
Table 127. Key Raw Materials Lists
Table 128. Raw Materials Key Suppliers Lists
Table 129. Industrial Steam Turbines Downstream Customers
Table 130. Industrial Steam Turbines Distributors List
Table 131. Research Programs/Design for This Report
Table 132. Key Data Information from Secondary Sources
Table 133. Key Data Information from Primary Sources
List of Figures
Figure 1. Industrial Steam Turbines Product Picture
Figure 2. Global Industrial Steam Turbines Sales Value, 2020 VS 2024 VS 2031 (US$ Million)
Figure 3. Global Industrial Steam Turbines Sales Value (2020-2031) & (US$ Million)
Figure 4. Global Industrial Steam Turbines Sales Volume (2020-2031) & (MW)
Figure 5. Global Industrial Steam Turbines Sales Price (2020-2031) & (USD/KW)
Figure 6. Industrial Steam Turbines Report Years Considered
Figure 7. Global Industrial Steam Turbines Players Revenue Ranking (2024) & (US$ Million)
Figure 8. Global Industrial Steam Turbines Players Sales Volume Ranking (2024) & (MW)
Figure 9. The 5 and 10 Largest Manufacturers in the World: Market Share by Industrial Steam Turbines Revenue in 2024
Figure 10. Industrial Steam Turbines Market Share by Company Type (Tier 1, Tier 2, and Tier 3): 2020 VS 2024
Figure 11. Non-Condensing Steam Turbine Picture
Figure 12. Condensing Steam Turbine Picture
Figure 13. Global Industrial Steam Turbines Sales Value by Type (2020 VS 2024 VS 2031) & (US$ Million)
Figure 14. Global Industrial Steam Turbines Sales Value Market Share by Type, 2024 & 2031
Figure 15. Global Industrial Steam Turbines Sales Volume by Type (2020 VS 2024 VS 2031) & (MW)
Figure 16. Global Industrial Steam Turbines Sales Volume Market Share by Type, 2024 & 2031
Figure 17. Global Industrial Steam Turbines Price by Type (2020-2031) & (USD/KW)
Figure 18. Product Picture of Oil and Gas
Figure 19. Product Picture of General Industry
Figure 20. Product Picture of Others
Figure 21. Global Industrial Steam Turbines Sales Value by Application (2020 VS 2024 VS 2031) & (US$ Million)
Figure 22. Global Industrial Steam Turbines Sales Value Market Share by Application, 2024 & 2031
Figure 23. Global Industrial Steam Turbines Sales Volume by Application (2020 VS 2024 VS 2031) & (MW)
Figure 24. Global Industrial Steam Turbines Sales Volume Market Share by Application, 2024 & 2031
Figure 25. Global Industrial Steam Turbines Price by Application (2020-2031) & (USD/KW)
Figure 26. North America Industrial Steam Turbines Sales Value (2020-2031) & (US$ Million)
Figure 27. North America Industrial Steam Turbines Sales Value by Country (%), 2024 VS 2031
Figure 28. Europe Industrial Steam Turbines Sales Value, (2020-2031) & (US$ Million)
Figure 29. Europe Industrial Steam Turbines Sales Value by Country (%), 2024 VS 2031
Figure 30. Asia Pacific Industrial Steam Turbines Sales Value, (2020-2031) & (US$ Million)
Figure 31. Asia Pacific Industrial Steam Turbines Sales Value by Region (%), 2024 VS 2031
Figure 32. South America Industrial Steam Turbines Sales Value, (2020-2031) & (US$ Million)
Figure 33. South America Industrial Steam Turbines Sales Value by Country (%), 2024 VS 2031
Figure 34. Middle East & Africa Industrial Steam Turbines Sales Value, (2020-2031) & (US$ Million)
Figure 35. Middle East & Africa Industrial Steam Turbines Sales Value by Country (%), 2024 VS 2031
Figure 36. Key Countries/Regions Industrial Steam Turbines Sales Value (%), (2020-2031)
Figure 37. Key Countries/Regions Industrial Steam Turbines Sales Volume (%), (2020-2031)
Figure 38. United States Industrial Steam Turbines Sales Value, (2020-2031) & (US$ Million)
Figure 39. United States Industrial Steam Turbines Sales Value by Type (%), 2024 VS 2031
Figure 40. United States Industrial Steam Turbines Sales Value by Application (%), 2024 VS 2031
Figure 41. Europe Industrial Steam Turbines Sales Value, (2020-2031) & (US$ Million)
Figure 42. Europe Industrial Steam Turbines Sales Value by Type (%), 2024 VS 2031
Figure 43. Europe Industrial Steam Turbines Sales Value by Application (%), 2024 VS 2031
Figure 44. China Industrial Steam Turbines Sales Value, (2020-2031) & (US$ Million)
Figure 45. China Industrial Steam Turbines Sales Value by Type (%), 2024 VS 2031
Figure 46. China Industrial Steam Turbines Sales Value by Application (%), 2024 VS 2031
Figure 47. Japan Industrial Steam Turbines Sales Value, (2020-2031) & (US$ Million)
Figure 48. Japan Industrial Steam Turbines Sales Value by Type (%), 2024 VS 2031
Figure 49. Japan Industrial Steam Turbines Sales Value by Application (%), 2024 VS 2031
Figure 50. South Korea Industrial Steam Turbines Sales Value, (2020-2031) & (US$ Million)
Figure 51. South Korea Industrial Steam Turbines Sales Value by Type (%), 2024 VS 2031
Figure 52. South Korea Industrial Steam Turbines Sales Value by Application (%), 2024 VS 2031
Figure 53. Southeast Asia Industrial Steam Turbines Sales Value, (2020-2031) & (US$ Million)
Figure 54. Southeast Asia Industrial Steam Turbines Sales Value by Type (%), 2024 VS 2031
Figure 55. Southeast Asia Industrial Steam Turbines Sales Value by Application (%), 2024 VS 2031
Figure 56. India Industrial Steam Turbines Sales Value, (2020-2031) & (US$ Million)
Figure 57. India Industrial Steam Turbines Sales Value by Type (%), 2024 VS 2031
Figure 58. India Industrial Steam Turbines Sales Value by Application (%), 2024 VS 2031
Figure 59. Industrial Steam Turbines Industrial Chain
Figure 60. Industrial Steam Turbines Manufacturing Cost Structure
Figure 61. Channels of Distribution (Direct Sales, and Distribution)
Figure 62. Bottom-up and Top-down Approaches for This Report
Figure 63. Data Triangulation
Figure 64. Key Executives Interviewed
KEY QUESTIONS ADDRESSED BY THE REPORT
What was the global market size of Industrial Steam Turbines in 2025?
The global market size of Industrial Steam Turbines in 2025 was 3450 Million USD.
Which region is expected to have the highest market share?
What was the global market size of Industrial Steam Turbines in 2031?
Which companies rank high in the global Industrial Steam Turbines market?
What is the annual compound growth rate of the global Industrial Steam Turbines market size from 2025 to 2031?
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