Steam Turbine is a device that extracts thermal energy from pressurized steam and uses it to do mechanical work on a rotating output shaft.
As for the North America steam turbine industry, the industry structure is relatively concentrated. The top three manufacturers have 75.07% revenue market share in 2015. The USA giant GE, which has 36.17% market share in 2015, is the leader in the North America steam turbine industry. The manufacturers following GE are Siemens and Elliott, which respectively has 34.57% and 8.24% market share in North America region.
The downstream industries of steam turbine products are industrial, power generation and marine. In the recent years, with the recovery of United States economic, the development of emerging country, such as Mexico, and the construction of factory, the consumption increase of steam turbine will be obvious. In the foreseeable future, the steam turbine products will show an optimistic upward trend.
According to this study, over the next five years the Steam Turbine market will register a xx% CAGR in terms of revenue, the global market size will reach USD xx million by 2024, from USD xx million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Steam Turbine business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Steam Turbine market by product type, application, key manufacturers and key regions and countries.
This study considers the Steam Turbine value and volume generated from the sales of the following segments-
Segmentation by product type- breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Rated Power (<60MW)
Rated Power (60-200MW)
Rated Power (>200MW)
Segmentation by application- breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Industrial
Marine
Power Generation
This report also splits the market by region- Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report- Breakdown data in in Chapter 3.
GE
Siemens
Elliott
Toshiba
Mitsubishi Hitachi Power Systems
MAN
...
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Steam Turbine consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Steam Turbine market by identifying its various subsegments.
Focuses on the key global Steam Turbine manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Steam Turbine with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Steam Turbine submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
