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Global Steam Turbine Sales Market Report, Competitive Analysis and Regional Opportunities 2025-2031

Industry: Consumer Goods

Published Date: 2025-04-13

Pages: 97 Pages

Report ld: 4707081

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Description
Table of Contents
Table of Figures
Related Reports
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Description
Table of Contents
Table of Figures
Related Reports
PDF Download

Steam Turbine Market Size(US$)

CAGR 2025-2031

4.2%

Market Size,2031

USD 16,000

Million

Market Snapshot

Market Size in 2025 (Value)

US$ 12,470 million

Market Forecast in 2031(Value)

US$ 16,000 million

CAGR

4.2%

Years Considered

2020-2031

Base Year

2025

Forecast Period

2025-2031

Source: Secondary research, interviews with experts, and QYResearch analysis

The global Steam Turbine market size was US$ 12010 million in 2024 and is forecast to a readjusted size of US$ 16000 million by 2031 with a CAGR of 4.2% during the forecast period 2025-2031.

A steam turbine is a device that converts thermal energy from steam into mechanical energy, which is then often transformed into electrical energy. This is achieved by directing high-pressure, high-temperature steam onto a series of blades mounted on a rotor, causing it to spin. Steam turbines are widely used in power generation and industrial processes due to their efficiency and reliability.

The global steam turbine market is a critical component of energy infrastructure, catering to diverse applications such as power generation, industrial processing, and cogeneration. Key industries driving demand include power utilities, oil and gas, chemical processing, and manufacturing.

Key Market Drivers

Rising Energy Demand: Increasing global energy consumption, particularly in developing countries, is driving demand for steam turbines in power plants. Industrial Expansion: Growing industrial activities require efficient turbines for mechanical drives and combined heat and power (CHP) applications. Renewable Energy Integration: Steam turbines are increasingly used in renewable applications like concentrated solar power (CSP) and biomass plants. Modernization and Replacement: Upgrading outdated turbines with advanced, efficient designs in developed regions is a significant market driver.

Market Restraints

Competition from Alternative Technologies: Gas turbines, wind, and solar PV pose significant competition. High Initial Costs: The capital-intensive nature of turbine installation and maintenance can hinder adoption. Environmental Regulations: Stricter policies against fossil fuel emissions impact coal-fired steam turbine adoption.

Opportunities

Emerging Economies: Industrialization and energy infrastructure development in Asia-Pacific, Africa, and Latin America present significant growth opportunities. Clean Energy Transition: Expanding use in geothermal, biomass, and waste-to-energy applications aligns with global decarbonization goals. Advancements in Efficiency: Development of supercritical and ultra-supercritical turbines enhances performance and reduces emissions.

The global Steam Turbine market is strategically segmented by company, region (country), by Type, and by Application. This report empowers stakeholders to capitalize on emerging opportunities, optimize product strategies, and outperform competitors through data-driven insights on sales, revenue, and forecasts across regions, by Type, and by Application for 2020-2031.

MARKET SEGMENTATION

By Company

General Electric
Siemens
Dongfang Turbine
Shanghai Electric
Hangzhou Steam Turbine(HTC)
Harbin Electric Corporation
Mitsubishi Hitachi Power Systems
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

Power Generation
Industrial
Others

biaoTi CHAPTER OUTLINE

Chapter 1: Report scope, executive summary, and market evolution scenarios (short/mid/long term).

Chapter 2: Quantitative analysis of Steam Turbine market size and growth potential at global, regional, and country levels.

Chapter 3: Competitive benchmarking of manufacturers (revenue, market share, M&A, R&D focus).

Chapter 4: Type-based segmentation analysis – Uncovering blue ocean markets (e.g., Condensing Steam Turbine in China).

Chapter 5: Application-based segmentation analysis – High-growth downstream opportunities (e.g., Industrial in India).

Chapter 6: Regional sales and revenue breakdown by company, type, application and customer.

Chapter 7: Key manufacturer profiles – Financials, product portfolios, and strategic developments.

Chapter 8: Market dynamics – Drivers, restraints, regulatory impacts, and risk mitigation strategies.

Chapter 9: Actionable conclusions and strategic recommendations.

WHY THIS REPORT

Beyond standard market data, this analysis provides a clear profitability roadmap, empowering you to:

This is not just another market study. By fusing global trend analysis with hyper-local operational intelligence, we deliver:

- Risk-Controlled Market Entry: Navigate regulatory complexities in focus markets (e.g., China’s policies).

- Product Portfolio Optimization: Align offerings with regional preferences (e.g., Non-Condensing Steam Turbine dominance in Europe vs. Condensing Steam Turbine demand in MEA).

- Competitor Counterstrategies: Decode player tactics in fragmented vs. consolidated markets.

biaoTi QYRESEARCH'S STRENGTHS

Unlike generic global market reports, this study combines macro-level industry trends with hyper-local operational intelligence, empowering data-driven decisions across the Compound Chocolate value chain, addressing:

Market entry risks/opportunities by region

We identify regional market threats and growth prospects to guide your overseas layout.

Product mix optimization based on local practices

We adjust product portfolios in line with local consumption habits.

Competitor tactics in fragmented vs. consolidated markets

We unpack rivals’ operation strategies for scattered and highly concentrated industries.

Full Research Coverage

We cover competition landscape, full supply chain and quantified market size data, and deliver tailor-made customized surveys to meet your unique business demands.

19 Years Industry Expertise

We own self-owned massive exclusive databases, backed by 19 years of global market research experience across thousands of sectors.

24/7 Fast Report Delivery

Our team operates 24 hours a day, 365 days a year, enabling ultra-fast report turnaround to respond to your research needs efficiently.

Localized Strategic Analysis

We integrate regional risk assessment, localized product optimization and competitor analysis to deliver actionable market strategies.

Market entry risks/opportunities by region

All data is cross-verified from multiple industry sources to deliver thorough, precise analysis that supports reliable corporate strategic decisions.

Market entry risks/opportunities by region

We provide responsive, dedicated after-sales support to resolve all follow-up inquiries about reports, data and industry interpretation.

TABLE OF CONTENTS

1 Market Overview

1.1 Steam Turbine Product Scope

1.2 Steam Turbine by Type

1.2.1 Global Steam Turbine Sales by Type (2020 & 2024 & 2031)

1.2.2 Non-Condensing Steam Turbine

1.2.3 Condensing Steam Turbine

1.3 Steam Turbine by Application

1.3.1 Global Steam Turbine Sales Comparison by Application (2020 & 2024 & 2031)

1.3.2 Power Generation

1.3.3 Industrial

1.3.4 Others

1.4 Global Steam Turbine Market Estimates and Forecasts (2020-2031)

1.4.1 Global Steam Turbine Market Size in Value Growth Rate (2020-2031)

1.4.2 Global Steam Turbine Market Size in Volume Growth Rate (2020-2031)

1.4.3 Global Steam Turbine Price Trends (2020-2031)

1.5 Assumptions and Limitations

2 Market Size and Prospective by Region

2.1 Global Steam Turbine Market Size by Region: 2020 VS 2024 VS 2031

2.2 Global Steam Turbine Retrospective Market Scenario by Region (2020-2025)

2.2.1 Global Steam Turbine Sales Market Share by Region (2020-2025)

2.2.2 Global Steam Turbine Revenue Market Share by Region (2020-2025)

2.3 Global Steam Turbine Market Estimates and Forecasts by Region (2026-2031)

2.3.1 Global Steam Turbine Sales Estimates and Forecasts by Region (2026-2031)

2.3.2 Global Steam Turbine Revenue Forecast by Region (2026-2031)

2.4 Major Region and Emerging Market Analysis

2.4.1 North America Steam Turbine Market Size and Prospective (2020-2031)

2.4.2 Europe Steam Turbine Market Size and Prospective (2020-2031)

2.4.3 China Steam Turbine Market Size and Prospective (2020-2031)

2.4.4 Japan Steam Turbine Market Size and Prospective (2020-2031)

3 Global Market Size by Type

3.1 Global Steam Turbine Historic Market Review by Type (2020-2025)

3.1.1 Global Steam Turbine Sales by Type (2020-2025)

3.1.2 Global Steam Turbine Revenue by Type (2020-2025)

3.1.3 Global Steam Turbine Price by Type (2020-2025)

3.2 Global Steam Turbine Market Estimates and Forecasts by Type (2026-2031)

3.2.1 Global Steam Turbine Sales Forecast by Type (2026-2031)

3.2.2 Global Steam Turbine Revenue Forecast by Type (2026-2031)

3.2.3 Global Steam Turbine Price Forecast by Type (2026-2031)

3.3 Different Types Steam Turbine Representative Players

4 Global Market Size by Application

4.1 Global Steam Turbine Historic Market Review by Application (2020-2025)

4.1.1 Global Steam Turbine Sales by Application (2020-2025)

4.1.2 Global Steam Turbine Revenue by Application (2020-2025)

4.1.3 Global Steam Turbine Price by Application (2020-2025)

4.2 Global Steam Turbine Market Estimates and Forecasts by Application (2026-2031)

4.2.1 Global Steam Turbine Sales Forecast by Application (2026-2031)

4.2.2 Global Steam Turbine Revenue Forecast by Application (2026-2031)

4.2.3 Global Steam Turbine Price Forecast by Application (2026-2031)

4.3 New Sources of Growth in Steam Turbine Application

5 Competition Landscape by Players

5.1 Global Steam Turbine Sales by Players (2020-2025)

5.2 Global Top Steam Turbine Players by Revenue (2020-2025)

5.3 Global Steam Turbine Market Share by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Steam Turbine as of 2024)

5.4 Global Steam Turbine Average Price by Company (2020-2025)

5.5 Global Key Manufacturers of Steam Turbine, Manufacturing Sites & Headquarters

5.6 Global Key Manufacturers of Steam Turbine, Product Type & Application

5.7 Global Key Manufacturers of Steam Turbine, Date of Enter into This Industry

5.8 Manufacturers Mergers & Acquisitions, Expansion Plans

6 Region Analysis

6.1 North America Market: Players, Segments, Downstream and Major Customers

6.1.1 North America Steam Turbine Sales by Company

6.1.1.1 North America Steam Turbine Sales by Company (2020-2025)

6.1.1.2 North America Steam Turbine Revenue by Company (2020-2025)

6.1.2 North America Steam Turbine Sales Breakdown by Type (2020-2025)

6.1.3 North America Steam Turbine Sales Breakdown by Application (2020-2025)

6.1.4 North America Steam Turbine Major Customer

6.1.5 North America Market Trend and Opportunities

6.2 Europe Market: Players, Segments, Downstream and Major Customers

6.2.1 Europe Steam Turbine Sales by Company

6.2.1.1 Europe Steam Turbine Sales by Company (2020-2025)

6.2.1.2 Europe Steam Turbine Revenue by Company (2020-2025)

6.2.2 Europe Steam Turbine Sales Breakdown by Type (2020-2025)

6.2.3 Europe Steam Turbine Sales Breakdown by Application (2020-2025)

6.2.4 Europe Steam Turbine Major Customer

6.2.5 Europe Market Trend and Opportunities

6.3 China Market: Players, Segments, Downstream and Major Customers

6.3.1 China Steam Turbine Sales by Company

6.3.1.1 China Steam Turbine Sales by Company (2020-2025)

6.3.1.2 China Steam Turbine Revenue by Company (2020-2025)

6.3.2 China Steam Turbine Sales Breakdown by Type (2020-2025)

6.3.3 China Steam Turbine Sales Breakdown by Application (2020-2025)

6.3.4 China Steam Turbine Major Customer

6.3.5 China Market Trend and Opportunities

6.4 Japan Market: Players, Segments, Downstream and Major Customers

6.4.1 Japan Steam Turbine Sales by Company

6.4.1.1 Japan Steam Turbine Sales by Company (2020-2025)

6.4.1.2 Japan Steam Turbine Revenue by Company (2020-2025)

6.4.2 Japan Steam Turbine Sales Breakdown by Type (2020-2025)

6.4.3 Japan Steam Turbine Sales Breakdown by Application (2020-2025)

6.4.4 Japan Steam Turbine Major Customer

6.4.5 Japan Market Trend and Opportunities

7 Company Profiles and Key Figures

7.1 General Electric

7.1.1 General Electric Company Information

7.1.2 General Electric Business Overview

7.1.3 General Electric Steam Turbine Sales, Revenue and Gross Margin (2020-2025)

7.1.4 General Electric Steam Turbine Products Offered

7.1.5 General Electric Recent Development

7.2 Siemens

7.2.1 Siemens Company Information

7.2.2 Siemens Business Overview

7.2.3 Siemens Steam Turbine Sales, Revenue and Gross Margin (2020-2025)

7.2.4 Siemens Steam Turbine Products Offered

7.2.5 Siemens Recent Development

7.3 Dongfang Turbine

7.3.1 Dongfang Turbine Company Information

7.3.2 Dongfang Turbine Business Overview

7.3.3 Dongfang Turbine Steam Turbine Sales, Revenue and Gross Margin (2020-2025)

7.3.4 Dongfang Turbine Steam Turbine Products Offered

7.3.5 Dongfang Turbine Recent Development

7.4 Shanghai Electric

7.4.1 Shanghai Electric Company Information

7.4.2 Shanghai Electric Business Overview

7.4.3 Shanghai Electric Steam Turbine Sales, Revenue and Gross Margin (2020-2025)

7.4.4 Shanghai Electric Steam Turbine Products Offered

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) Business Overview

7.5.3 Hangzhou Steam Turbine(HTC) Steam Turbine Sales, Revenue and Gross Margin (2020-2025)

7.5.4 Hangzhou Steam Turbine(HTC) Steam Turbine Products Offered

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 Business Overview

7.6.3 Harbin Electric Corporation Steam Turbine Sales, Revenue and Gross Margin (2020-2025)

7.6.4 Harbin Electric Corporation Steam Turbine Products Offered

7.6.5 Harbin Electric Corporation Recent Development

7.7 Mitsubishi Hitachi Power Systems

7.7.1 Mitsubishi Hitachi Power Systems Company Information

7.7.2 Mitsubishi Hitachi Power Systems Business Overview

7.7.3 Mitsubishi Hitachi Power Systems Steam Turbine Sales, Revenue and Gross Margin (2020-2025)

7.7.4 Mitsubishi Hitachi Power Systems Steam Turbine Products Offered

7.7.5 Mitsubishi Hitachi Power Systems Recent Development

7.8 MAN Energy Solutions

7.8.1 MAN Energy Solutions Company Information

7.8.2 MAN Energy Solutions Business Overview

7.8.3 MAN Energy Solutions Steam Turbine Sales, Revenue and Gross Margin (2020-2025)

7.8.4 MAN Energy Solutions Steam Turbine Products Offered

7.8.5 MAN Energy Solutions Recent Development

7.9 Fuji Electric

7.9.1 Fuji Electric Company Information

7.9.2 Fuji Electric Business Overview

7.9.3 Fuji Electric Steam Turbine Sales, Revenue and Gross Margin (2020-2025)

7.9.4 Fuji Electric Steam Turbine Products Offered

7.9.5 Fuji Electric Recent Development

7.10 Ebara Elliott

7.10.1 Ebara Elliott Company Information

7.10.2 Ebara Elliott Business Overview

7.10.3 Ebara Elliott Steam Turbine Sales, Revenue and Gross Margin (2020-2025)

7.10.4 Ebara Elliott Steam Turbine Products Offered

7.10.5 Ebara Elliott Recent Development

7.11 Doosan

7.11.1 Doosan Company Information

7.11.2 Doosan Business Overview

7.11.3 Doosan Steam Turbine Sales, Revenue and Gross Margin (2020-2025)

7.11.4 Doosan Steam Turbine Products Offered

7.11.5 Doosan Recent Development

7.12 Ansaldo

7.12.1 Ansaldo Company Information

7.12.2 Ansaldo Business Overview

7.12.3 Ansaldo Steam Turbine Sales, Revenue and Gross Margin (2020-2025)

7.12.4 Ansaldo Steam Turbine Products Offered

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 Business Overview

7.13.3 Kawasaki Heavy Industries Steam Turbine Sales, Revenue and Gross Margin (2020-2025)

7.13.4 Kawasaki Heavy Industries Steam Turbine Products Offered

7.13.5 Kawasaki Heavy Industries Recent Development

7.14 Power Machines

7.14.1 Power Machines Company Information

7.14.2 Power Machines Business Overview

7.14.3 Power Machines Steam Turbine Sales, Revenue and Gross Margin (2020-2025)

7.14.4 Power Machines Steam Turbine Products Offered

7.14.5 Power Machines Recent Development

8 Steam Turbine Manufacturing Cost Analysis

8.1 Steam Turbine Key Raw Materials Analysis

8.1.1 Key Raw Materials

8.1.2 Key Suppliers of Raw Materials

8.2 Proportion of Manufacturing Cost Structure

8.3 Manufacturing Process Analysis of Steam Turbine

8.4 Steam Turbine Industrial Chain Analysis

9 Marketing Channel, Distributors and Customers

9.1 Marketing Channel

9.2 Steam Turbine Distributors List

9.3 Steam Turbine Customers

10 Steam Turbine Market Dynamics

10.1 Steam Turbine Industry Trends

10.2 Steam Turbine Market Drivers

10.3 Steam Turbine Market Challenges

10.4 Steam Turbine Market Restraints

11 Research Findings and Conclusion

12 Appendix

12.1 Research Methodology

12.1.1 Methodology/Research Approach

12.1.1.1 Research Programs/Design

12.1.1.2 Market Size Estimation

12.1.1.3 Market Breakdown and Data Triangulation

12.1.2 Data Source

12.1.2.1 Secondary Sources

12.1.2.2 Primary Sources

12.2 Author Details

12.3 Disclaimer

TABLE OF FIGURES

List of Tables

Table 1. Global Steam Turbine Sales (US$ Million) Growth Rate by Type (2020 & 2024 & 2031)

Table 2. Global Steam Turbine Sales (US$ Million) Comparison by Application (2020 & 2024 & 2031)

Table 3. Global Market Steam Turbine Market Size (US$ Million) by Region:2020 VS 2024 VS 2031

Table 4. Global Steam Turbine Sales (MW) by Region (2020-2025)

Table 5. Global Steam Turbine Sales Market Share by Region (2020-2025)

Table 6. Global Steam Turbine Revenue (US$ Million) Market Share by Region (2020-2025)

Table 7. Global Steam Turbine Revenue Share by Region (2020-2025)

Table 8. Global Steam Turbine Sales (MW) Forecast by Region (2026-2031)

Table 9. Global Steam Turbine Sales Market Share Forecast by Region (2026-2031)

Table 10. Global Steam Turbine Revenue (US$ Million) Forecast by Region (2026-2031)

Table 11. Global Steam Turbine Revenue Share Forecast by Region (2026-2031)

Table 12. Global Steam Turbine Sales by Type (MW) & (2020-2025)

Table 13. Global Steam Turbine Sales Share by Type (2020-2025)

Table 14. Global Steam Turbine Revenue by Type (US$ Million) & (2020-2025)

Table 15. Global Steam Turbine Price by Type (USD/KW) & (2020-2025)

Table 16. Global Steam Turbine Sales by Type (MW) & (2026-2031)

Table 17. Global Steam Turbine Revenue by Type (US$ Million) & (2026-2031)

Table 18. Global Steam Turbine Price by Type (USD/KW) & (2026-2031)

Table 19. Representative Players of Each Type

Table 20. Global Steam Turbine Sales by Application (MW) & (2020-2025)

Table 21. Global Steam Turbine Sales Share by Application (2020-2025)

Table 22. Global Steam Turbine Revenue by Application (US$ Million) & (2020-2025)

Table 23. Global Steam Turbine Price by Application (USD/KW) & (2020-2025)

Table 24. Global Steam Turbine Sales by Application (MW) & (2026-2031)

Table 25. Global Steam Turbine Revenue Market Share by Application (US$ Million) & (2026-2031)

Table 26. Global Steam Turbine Price by Application (USD/KW) & (2026-2031)

Table 27. New Sources of Growth in Steam Turbine Application

Table 28. Global Steam Turbine Sales by Company (MW) & (2020-2025)

Table 29. Global Steam Turbine Sales Share by Company (2020-2025)

Table 30. Global Steam Turbine Revenue by Company (US$ Million) & (2020-2025)

Table 31. Global Steam Turbine Revenue Share by Company (2020-2025)

Table 32. Global Steam Turbine by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Steam Turbine as of 2024)

Table 33. Global Market Steam Turbine Average Price by Company (USD/KW) & (2020-2025)

Table 34. Global Key Manufacturers of Steam Turbine, Manufacturing Sites & Headquarters

Table 35. Global Key Manufacturers of Steam Turbine, Product Type & Application

Table 36. Global Key Manufacturers of Steam Turbine, Date of Enter into This Industry

Table 37. Manufacturers Mergers & Acquisitions, Expansion Plans

Table 38. North America Steam Turbine Sales by Company (2020-2025) & (MW)

Table 39. North America Steam Turbine Sales Market Share by Company (2020-2025)

Table 40. North America Steam Turbine Revenue by Company (2020-2025) & (US$ Million)

Table 41. North America Steam Turbine Revenue Market Share by Company (2020-2025)

Table 42. North America Steam Turbine Sales by Type (2020-2025) & (MW)

Table 43. North America Steam Turbine Sales Market Share by Type (2020-2025)

Table 44. North America Steam Turbine Sales by Application (2020-2025) & (MW)

Table 45. North America Steam Turbine Sales Market Share by Application (2020-2025)

Table 46. Europe Steam Turbine Sales by Company (2020-2025) & (MW)

Table 47. Europe Steam Turbine Sales Market Share by Company (2020-2025)

Table 48. Europe Steam Turbine Revenue by Company (2020-2025) & (US$ Million)

Table 49. Europe Steam Turbine Revenue Market Share by Company (2020-2025)

Table 50. Europe Steam Turbine Sales by Type (2020-2025) & (MW)

Table 51. Europe Steam Turbine Sales Market Share by Type (2020-2025)

Table 52. Europe Steam Turbine Sales by Application (2020-2025) & (MW)

Table 53. Europe Steam Turbine Sales Market Share by Application (2020-2025)

Table 54. China Steam Turbine Sales by Company (2020-2025) & (MW)

Table 55. China Steam Turbine Sales Market Share by Company (2020-2025)

Table 56. China Steam Turbine Revenue by Company (2020-2025) & (US$ Million)

Table 57. China Steam Turbine Revenue Market Share by Company (2020-2025)

Table 58. China Steam Turbine Sales by Type (2020-2025) & (MW)

Table 59. China Steam Turbine Sales Market Share by Type (2020-2025)

Table 60. China Steam Turbine Sales by Application (2020-2025) & (MW)

Table 61. China Steam Turbine Sales Market Share by Application (2020-2025)

Table 62. Japan Steam Turbine Sales by Company (2020-2025) & (MW)

Table 63. Japan Steam Turbine Sales Market Share by Company (2020-2025)

Table 64. Japan Steam Turbine Revenue by Company (2020-2025) & (US$ Million)

Table 65. Japan Steam Turbine Revenue Market Share by Company (2020-2025)

Table 66. Japan Steam Turbine Sales by Type (2020-2025) & (MW)

Table 67. Japan Steam Turbine Sales Market Share by Type (2020-2025)

Table 68. Japan Steam Turbine Sales by Application (2020-2025) & (MW)

Table 69. Japan Steam Turbine Sales Market Share by Application (2020-2025)

Table 70. General Electric Company Information

Table 71. General Electric Description and Business Overview

Table 72. General Electric Steam Turbine Sales (MW), Revenue (US$ Million), Price (USD/KW) and Gross Margin (2020-2025)

Table 73. General Electric Steam Turbine Product

Table 74. General Electric Recent Development

Table 75. Siemens Company Information

Table 76. Siemens Description and Business Overview

Table 77. Siemens Steam Turbine Sales (MW), Revenue (US$ Million), Price (USD/KW) and Gross Margin (2020-2025)

Table 78. Siemens Steam Turbine Product

Table 79. Siemens Recent Development

Table 80. Dongfang Turbine Company Information

Table 81. Dongfang Turbine Description and Business Overview

Table 82. Dongfang Turbine Steam Turbine Sales (MW), Revenue (US$ Million), Price (USD/KW) and Gross Margin (2020-2025)

Table 83. Dongfang Turbine Steam Turbine Product

Table 84. Dongfang Turbine Recent Development

Table 85. Shanghai Electric Company Information

Table 86. Shanghai Electric Description and Business Overview

Table 87. Shanghai Electric Steam Turbine Sales (MW), Revenue (US$ Million), Price (USD/KW) and Gross Margin (2020-2025)

Table 88. Shanghai Electric Steam Turbine Product

Table 89. Shanghai Electric Recent Development

Table 90. Hangzhou Steam Turbine(HTC) Company Information

Table 91. Hangzhou Steam Turbine(HTC) Description and Business Overview

Table 92. Hangzhou Steam Turbine(HTC) Steam Turbine Sales (MW), Revenue (US$ Million), Price (USD/KW) and Gross Margin (2020-2025)

Table 93. Hangzhou Steam Turbine(HTC) Steam Turbine Product

Table 94. Hangzhou Steam Turbine(HTC) Recent Development

Table 95. Harbin Electric Corporation Company Information

Table 96. Harbin Electric Corporation Description and Business Overview

Table 97. Harbin Electric Corporation Steam Turbine Sales (MW), Revenue (US$ Million), Price (USD/KW) and Gross Margin (2020-2025)

Table 98. Harbin Electric Corporation Steam Turbine Product

Table 99. Harbin Electric Corporation Recent Development

Table 100. Mitsubishi Hitachi Power Systems Company Information

Table 101. Mitsubishi Hitachi Power Systems Description and Business Overview

Table 102. Mitsubishi Hitachi Power Systems Steam Turbine Sales (MW), Revenue (US$ Million), Price (USD/KW) and Gross Margin (2020-2025)

Table 103. Mitsubishi Hitachi Power Systems Steam Turbine Product

Table 104. Mitsubishi Hitachi Power Systems Recent Development

Table 105. MAN Energy Solutions Company Information

Table 106. MAN Energy Solutions Description and Business Overview

Table 107. MAN Energy Solutions Steam Turbine Sales (MW), Revenue (US$ Million), Price (USD/KW) and Gross Margin (2020-2025)

Table 108. MAN Energy Solutions Steam Turbine Product

Table 109. MAN Energy Solutions Recent Development

Table 110. Fuji Electric Company Information

Table 111. Fuji Electric Description and Business Overview

Table 112. Fuji Electric Steam Turbine Sales (MW), Revenue (US$ Million), Price (USD/KW) and Gross Margin (2020-2025)

Table 113. Fuji Electric Steam Turbine Product

Table 114. Fuji Electric Recent Development

Table 115. Ebara Elliott Company Information

Table 116. Ebara Elliott Description and Business Overview

Table 117. Ebara Elliott Steam Turbine Sales (MW), Revenue (US$ Million), Price (USD/KW) and Gross Margin (2020-2025)

Table 118. Ebara Elliott Steam Turbine Product

Table 119. Ebara Elliott Recent Development

Table 120. Doosan Company Information

Table 121. Doosan Description and Business Overview

Table 122. Doosan Steam Turbine Sales (MW), Revenue (US$ Million), Price (USD/KW) and Gross Margin (2020-2025)

Table 123. Doosan Steam Turbine Product

Table 124. Doosan Recent Development

Table 125. Ansaldo Company Information

Table 126. Ansaldo Description and Business Overview

Table 127. Ansaldo Steam Turbine Sales (MW), Revenue (US$ Million), Price (USD/KW) and Gross Margin (2020-2025)

Table 128. Ansaldo Steam Turbine Product

Table 129. Ansaldo Recent Development

Table 130. Kawasaki Heavy Industries Company Information

Table 131. Kawasaki Heavy Industries Description and Business Overview

Table 132. Kawasaki Heavy Industries Steam Turbine Sales (MW), Revenue (US$ Million), Price (USD/KW) and Gross Margin (2020-2025)

Table 133. Kawasaki Heavy Industries Steam Turbine Product

Table 134. Kawasaki Heavy Industries Recent Development

Table 135. Power Machines Company Information

Table 136. Power Machines Description and Business Overview

Table 137. Power Machines Steam Turbine Sales (MW), Revenue (US$ Million), Price (USD/KW) and Gross Margin (2020-2025)

Table 138. Power Machines Steam Turbine Product

Table 139. Power Machines Recent Development

Table 140. Production Base and Market Concentration Rate of Raw Material

Table 141. Key Suppliers of Raw Materials

Table 142. Steam Turbine Distributors List

Table 143. Steam Turbine Customers List

Table 144. Steam Turbine Market Trends

Table 145. Steam Turbine Market Drivers

Table 146. Steam Turbine Market Challenges

Table 147. Steam Turbine Market Restraints

Table 148. Research Programs/Design for This Report

Table 149. Key Data Information from Secondary Sources

Table 150. Key Data Information from Primary Sources

List of Figures

Figure 1. Steam Turbine Product Picture

Figure 2. Global Steam Turbine Sales (US$ Million) by Type (2020 & 2024 & 2031)

Figure 3. Global Steam Turbine Sales Market Share by Type in 2024 & 2031

Figure 4. Non-Condensing Steam Turbine Product Picture

Figure 5. Condensing Steam Turbine Product Picture

Figure 6. Global Steam Turbine Sales (US$ Million) by Application (2020 & 2024 & 2031)

Figure 7. Global Steam Turbine Sales Market Share by Application in 2024 & 2031

Figure 8. Power Generation Examples

Figure 9. Industrial Examples

Figure 10. Others Examples

Figure 11. Global Steam Turbine Sales, (US$ Million), 2020 VS 2024 VS 2031

Figure 12. Global Steam Turbine Sales Growth Rate (2020-2031) & (US$ Million)

Figure 13. Global Steam Turbine Sales (MW) Growth Rate (2020-2031)

Figure 14. Global Steam Turbine Price Trends Growth Rate (2020-2031) & (USD/KW)

Figure 15. Steam Turbine Report Years Considered

Figure 16. Global Market Steam Turbine Market Size (US$ Million) by Region:2020 VS 2024 VS 2031

Figure 17. Global Steam Turbine Revenue Market Share by Region: 2020 VS 2024

Figure 18. North America Steam Turbine Revenue (US$ Million) Growth Rate (2020-2031)

Figure 19. North America Steam Turbine Sales (MW) Growth Rate (2020-2031)

Figure 20. Europe Steam Turbine Revenue (US$ Million) Growth Rate (2020-2031)

Figure 21. Europe Steam Turbine Sales (MW) Growth Rate (2020-2031)

Figure 22. China Steam Turbine Revenue (US$ Million) Growth Rate (2020-2031)

Figure 23. China Steam Turbine Sales (MW) Growth Rate (2020-2031)

Figure 24. Japan Steam Turbine Revenue (US$ Million) Growth Rate (2020-2031)

Figure 25. Japan Steam Turbine Sales (MW) Growth Rate (2020-2031)

Figure 26. Global Steam Turbine Revenue Share by Type (2020-2025)

Figure 27. Global Steam Turbine Sales Share by Type (2026-2031)

Figure 28. Global Steam Turbine Revenue Share by Type (2026-2031)

Figure 29. Global Steam Turbine Revenue Share by Application (2020-2025)

Figure 30. Global Steam Turbine Revenue Growth Rate by Application in 2020 & 2024

Figure 31. Global Steam Turbine Sales Share by Application (2026-2031)

Figure 32. Global Steam Turbine Revenue Share by Application (2026-2031)

Figure 33. Global Steam Turbine Sales Share by Company (2024)

Figure 34. Global Steam Turbine Revenue Share by Company (2024)

Figure 35. Global 5 Largest Steam Turbine Players Market Share by Revenue in Steam Turbine: 2020 & 2024

Figure 36. Steam Turbine Market Share by Company Type (Tier 1, Tier 2, and Tier 3): 2020 VS 2024

Figure 37. Manufacturing Cost Structure of Steam Turbine

Figure 38. Manufacturing Process Analysis of Steam Turbine

Figure 39. Steam Turbine Industrial Chain

Figure 40. Channels of Distribution (Direct Vs Distribution)

Figure 41. Distributors Profiles

Figure 42. Bottom-up and Top-down Approaches for This Report

Figure 43. Data Triangulation

Figure 44. Key Executives Interviewed

KEY QUESTIONS ADDRESSED BY THE REPORT

Which companies rank high in the global Steam Turbine market? zhanKai

The top companies in the global Steam Turbine market are General Electric、Siemens、Dongfang Turbine.

What was the global market size of Steam Turbine in 2025? shouQi

Which region is expected to have the highest market share? shouQi

What is the annual compound growth rate of the global Steam Turbine market size from 2025 to 2031? shouQi

What was the global market size of Steam Turbine in 2031? shouQi

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