As the global economy recovers in 2021 and the supply of the industrial chain improves, the Steam Turbine market will undergo major changes. The global steam turbine market was valued at USD 26.1 billion in 2020 and is projected to surpass USD 30.2 billion by 2028, at a CAGR of 2.8% from 2021 to 2028.

The global Steam Turbine industry report provides top-notch qualitative and quantitative information including: Market size (2018-2022 value and 2023 forecast). The report also contains descriptions of key players, including key financial indicators and market competitive pressure analysis.

The report also assesses key opportunities in the market and outlines the factors that are and will drive the growth of the industry. Taking into account previous growth patterns, growth drivers, and current and future trends, we also forecast the overall growth of the global Steam Turbine market during the next few years. Market research reports are an essential resource for businesses seeking to maximize the market potential. The report provides extensive data, insights, and analysis to enable businesses to make informed decisions, drive growth, and achieve success.

Highlights-Regions

The Steam Turbine market can be split based on product types, major applications, and important regions as follows:

North America
Europe
Asia Pacific
Latin America

Player list
General Electric (GE) Co
Turbine Generator Maintenance Inc
Toshiba Corporation
Siemens AG
Arani power systems
Elliott Group
TURBOCAM
Doosan Skoda Power
Chola Turbo Machinery International Pvt. Ltd
Mitsubishi Hitachi Power Systems Americas Inc

Types list
1-120 MW
121-350 MW
351-750 MW
Above 750 MW

Application list
Power Generation
Petrochemical
Oil & Gas
Others