Global Steam Turbine Supply, Demand and Key Producers, 2026-2032
The global Steam Turbine market size is expected to reach $ 16990 million by 2032, rising at a market growth of 4.1% CAGR during the forecast period (2026-2032).
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 Modernization and Replacement: Upgrading outdated turbines with advanced, efficient designs in developed regions is a significant market driver.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.
This report studies the global Steam Turbine production, demand, key manufacturers, and key regions.
This report is a detailed and comprehensive analysis of the world market for Steam Turbine and provides market size (US$ million) and Year-over-Year (YoY) Growth, considering 2025 as the base year. This report explores demand trends and competition, as well as details the characteristics of Steam Turbine that contribute to its increasing demand across many markets.
Highlights and key features of the study
Global Steam Turbine total production and demand, 2021-2032, (MW)
Global Steam Turbine total production value, 2021-2032, (USD Million)
Global Steam Turbine production by region & country, production, value, CAGR, 2021-2032, (USD Million) & (MW), (based on production site)
Global Steam Turbine consumption by region & country, CAGR, 2021-2032 & (MW)
U.S. VS China: Steam Turbine domestic production, consumption, key domestic manufacturers and share
Global Steam Turbine production by manufacturer, production, price, value and market share 2021-2026, (USD Million) & (MW)
Global Steam Turbine production by Type, production, value, CAGR, 2021-2032, (USD Million) & (MW)
Global Steam Turbine production by Application, production, value, CAGR, 2021-2032, (USD Million) & (MW)
This report profiles key players in the global Steam Turbine market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include 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, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World Steam Turbine market
Detailed Segmentation:
Each section contains quantitative market data including market by value (US$ Millions), volume (production, consumption) & (MW) and average price (USD/KW) by manufacturer, by Type, and by Application. Data is given for the years 2021-2032 by year with 2025 as the base year, 2026 as the estimate year, and 2027-2032 as the forecast year.
Global Steam Turbine Market, By Region:
1. How big is the global Steam Turbine market?
2. What is the demand of the global Steam Turbine market?
3. What is the year over year growth of the global Steam Turbine market?
4. What is the production and production value of the global Steam Turbine market?
5. Who are the key producers in the global Steam Turbine market?
6. What are the growth factors driving the market demand?
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.
This report studies the global Steam Turbine production, demand, key manufacturers, and key regions.
This report is a detailed and comprehensive analysis of the world market for Steam Turbine and provides market size (US$ million) and Year-over-Year (YoY) Growth, considering 2025 as the base year. This report explores demand trends and competition, as well as details the characteristics of Steam Turbine that contribute to its increasing demand across many markets.
Highlights and key features of the study
Global Steam Turbine total production and demand, 2021-2032, (MW)
Global Steam Turbine total production value, 2021-2032, (USD Million)
Global Steam Turbine production by region & country, production, value, CAGR, 2021-2032, (USD Million) & (MW), (based on production site)
Global Steam Turbine consumption by region & country, CAGR, 2021-2032 & (MW)
U.S. VS China: Steam Turbine domestic production, consumption, key domestic manufacturers and share
Global Steam Turbine production by manufacturer, production, price, value and market share 2021-2026, (USD Million) & (MW)
Global Steam Turbine production by Type, production, value, CAGR, 2021-2032, (USD Million) & (MW)
Global Steam Turbine production by Application, production, value, CAGR, 2021-2032, (USD Million) & (MW)
This report profiles key players in the global Steam Turbine market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include 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, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World Steam Turbine market
Detailed Segmentation:
Each section contains quantitative market data including market by value (US$ Millions), volume (production, consumption) & (MW) and average price (USD/KW) by manufacturer, by Type, and by Application. Data is given for the years 2021-2032 by year with 2025 as the base year, 2026 as the estimate year, and 2027-2032 as the forecast year.
Global Steam Turbine Market, By Region:
- United States
- China
- Europe
- Japan
- South Korea
- ASEAN
- India
- Rest of World
- Non-Condensing Steam Turbine
- Condensing Steam Turbine
- Power Generation
- Industrial
- Others
- 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
1. How big is the global Steam Turbine market?
2. What is the demand of the global Steam Turbine market?
3. What is the year over year growth of the global Steam Turbine market?
4. What is the production and production value of the global Steam Turbine market?
5. Who are the key producers in the global Steam Turbine market?
6. What are the growth factors driving the market demand?
1 SUPPLY SUMMARY
1.1 Steam Turbine Introduction
1.2 World Steam Turbine Supply & Forecast
1.2.1 World Steam Turbine Production Value (2021 & 2025 & 2032)
1.2.2 World Steam Turbine Production (2021-2032)
1.2.3 World Steam Turbine Pricing Trends (2021-2032)
1.3 World Steam Turbine Production by Region (Based on Production Site)
1.3.1 World Steam Turbine Production Value by Region (2021-2032)
1.3.2 World Steam Turbine Production by Region (2021-2032)
1.3.3 World Steam Turbine Average Price by Region (2021-2032)
1.3.4 North America Steam Turbine Production (2021-2032)
1.3.5 Europe Steam Turbine Production (2021-2032)
1.3.6 China Steam Turbine Production (2021-2032)
1.3.7 Japan Steam Turbine Production (2021-2032)
1.4 Market Drivers, Restraints and Trends
1.4.1 Steam Turbine Market Drivers
1.4.2 Factors Affecting Demand
1.4.3 Steam Turbine Major Market Trends
2 DEMAND SUMMARY
2.1 World Steam Turbine Demand (2021-2032)
2.2 World Steam Turbine Consumption by Region
2.2.1 World Steam Turbine Consumption by Region (2021-2026)
2.2.2 World Steam Turbine Consumption Forecast by Region (2027-2032)
2.3 United States Steam Turbine Consumption (2021-2032)
2.4 China Steam Turbine Consumption (2021-2032)
2.5 Europe Steam Turbine Consumption (2021-2032)
2.6 Japan Steam Turbine Consumption (2021-2032)
2.7 South Korea Steam Turbine Consumption (2021-2032)
2.8 ASEAN Steam Turbine Consumption (2021-2032)
2.9 India Steam Turbine Consumption (2021-2032)
3 WORLD MANUFACTURERS COMPETITIVE ANALYSIS
3.1 World Steam Turbine Production Value by Manufacturer (2021-2026)
3.2 World Steam Turbine Production by Manufacturer (2021-2026)
3.3 World Steam Turbine Average Price by Manufacturer (2021-2026)
3.4 Steam Turbine Company Evaluation Quadrant
3.5 Industry Rank and Concentration Rate (CR)
3.5.1 Global Steam Turbine Industry Rank of Major Manufacturers
3.5.2 Global Concentration Ratios (CR4) for Steam Turbine in 2025
3.5.3 Global Concentration Ratios (CR8) for Steam Turbine in 2025
3.6 Steam Turbine Market: Overall Company Footprint Analysis
3.6.1 Steam Turbine Market: Region Footprint
3.6.2 Steam Turbine Market: Company Product Type Footprint
3.6.3 Steam Turbine Market: Company Product Application Footprint
3.7 Competitive Environment
3.7.1 Historical Structure of the Industry
3.7.2 Barriers of Market Entry
3.7.3 Factors of Competition
3.8 New Entrant and Capacity Expansion Plans
3.9 Mergers, Acquisition, Agreements, and Collaborations
4 UNITED STATES VS CHINA VS REST OF THE WORLD
4.1 United States VS China: Steam Turbine Production Value Comparison
4.1.1 United States VS China: Steam Turbine Production Value Comparison (2021 & 2025 & 2032)
4.1.2 United States VS China: Steam Turbine Production Value Market Share Comparison (2021 & 2025 & 2032)
4.2 United States VS China: Steam Turbine Production Comparison
4.2.1 United States VS China: Steam Turbine Production Comparison (2021 & 2025 & 2032)
4.2.2 United States VS China: Steam Turbine Production Market Share Comparison (2021 & 2025 & 2032)
4.3 United States VS China: Steam Turbine Consumption Comparison
4.3.1 United States VS China: Steam Turbine Consumption Comparison (2021 & 2025 & 2032)
4.3.2 United States VS China: Steam Turbine Consumption Market Share Comparison (2021 & 2025 & 2032)
4.4 United States Based Steam Turbine Manufacturers and Market Share, 2021-2026
4.4.1 United States Based Steam Turbine Manufacturers, Headquarters and Production Site (States, Country)
4.4.2 United States Based Manufacturers Steam Turbine Production Value (2021-2026)
4.4.3 United States Based Manufacturers Steam Turbine Production (2021-2026)
4.5 China Based Steam Turbine Manufacturers and Market Share
4.5.1 China Based Steam Turbine Manufacturers, Headquarters and Production Site (Province, Country)
4.5.2 China Based Manufacturers Steam Turbine Production Value (2021-2026)
4.5.3 China Based Manufacturers Steam Turbine Production (2021-2026)
4.6 Rest of World Based Steam Turbine Manufacturers and Market Share, 2021-2026
4.6.1 Rest of World Based Steam Turbine Manufacturers, Headquarters and Production Site (State, Country)
4.6.2 Rest of World Based Manufacturers Steam Turbine Production Value (2021-2026)
4.6.3 Rest of World Based Manufacturers Steam Turbine Production (2021-2026)
5 MARKET ANALYSIS BY TYPE
5.1 World Steam Turbine Market Size Overview by Type: 2021 VS 2025 VS 2032
5.2 Segment Introduction by Type
5.2.1 Non-Condensing Steam Turbine
5.2.2 Condensing Steam Turbine
5.3 Market Segment by Type
5.3.1 World Steam Turbine Production by Type (2021-2032)
5.3.2 World Steam Turbine Production Value by Type (2021-2032)
5.3.3 World Steam Turbine Average Price by Type (2021-2032)
6 MARKET ANALYSIS BY APPLICATION
6.1 World Steam Turbine Market Size Overview by Application: 2021 VS 2025 VS 2032
6.2 Segment Introduction by Application
6.2.1 Power Generation
6.2.2 Industrial
6.2.3 Others
6.3 Market Segment by Application
6.3.1 World Steam Turbine Production by Application (2021-2032)
6.3.2 World Steam Turbine Production Value by Application (2021-2032)
6.3.3 World Steam Turbine Average Price by Application (2021-2032)
7 COMPANY PROFILES
7.1 General Electric
7.1.1 General Electric Details
7.1.2 General Electric Major Business
7.1.3 General Electric Steam Turbine Product and Services
7.1.4 General Electric Steam Turbine Production, Price, Value, Gross Margin and Market Share (2021-2026)
7.1.5 General Electric Recent Developments/Updates
7.1.6 General Electric Competitive Strengths & Weaknesses
7.2 Siemens
7.2.1 Siemens Details
7.2.2 Siemens Major Business
7.2.3 Siemens Steam Turbine Product and Services
7.2.4 Siemens Steam Turbine Production, Price, Value, Gross Margin and Market Share (2021-2026)
7.2.5 Siemens Recent Developments/Updates
7.2.6 Siemens Competitive Strengths & Weaknesses
7.3 Dongfang Turbine
7.3.1 Dongfang Turbine Details
7.3.2 Dongfang Turbine Major Business
7.3.3 Dongfang Turbine Steam Turbine Product and Services
7.3.4 Dongfang Turbine Steam Turbine Production, Price, Value, Gross Margin and Market Share (2021-2026)
7.3.5 Dongfang Turbine Recent Developments/Updates
7.3.6 Dongfang Turbine Competitive Strengths & Weaknesses
7.4 Shanghai Electric
7.4.1 Shanghai Electric Details
7.4.2 Shanghai Electric Major Business
7.4.3 Shanghai Electric Steam Turbine Product and Services
7.4.4 Shanghai Electric Steam Turbine Production, Price, Value, Gross Margin and Market Share (2021-2026)
7.4.5 Shanghai Electric Recent Developments/Updates
7.4.6 Shanghai Electric Competitive Strengths & Weaknesses
7.5 Hangzhou Steam Turbine(HTC)
7.5.1 Hangzhou Steam Turbine(HTC) Details
7.5.2 Hangzhou Steam Turbine(HTC) Major Business
7.5.3 Hangzhou Steam Turbine(HTC) Steam Turbine Product and Services
7.5.4 Hangzhou Steam Turbine(HTC) Steam Turbine Production, Price, Value, Gross Margin and Market Share (2021-2026)
7.5.5 Hangzhou Steam Turbine(HTC) Recent Developments/Updates
7.5.6 Hangzhou Steam Turbine(HTC) Competitive Strengths & Weaknesses
7.6 Harbin Electric Corporation
7.6.1 Harbin Electric Corporation Details
7.6.2 Harbin Electric Corporation Major Business
7.6.3 Harbin Electric Corporation Steam Turbine Product and Services
7.6.4 Harbin Electric Corporation Steam Turbine Production, Price, Value, Gross Margin and Market Share (2021-2026)
7.6.5 Harbin Electric Corporation Recent Developments/Updates
7.6.6 Harbin Electric Corporation Competitive Strengths & Weaknesses
7.7 Mitsubishi Hitachi Power Systems
7.7.1 Mitsubishi Hitachi Power Systems Details
7.7.2 Mitsubishi Hitachi Power Systems Major Business
7.7.3 Mitsubishi Hitachi Power Systems Steam Turbine Product and Services
7.7.4 Mitsubishi Hitachi Power Systems Steam Turbine Production, Price, Value, Gross Margin and Market Share (2021-2026)
7.7.5 Mitsubishi Hitachi Power Systems Recent Developments/Updates
7.7.6 Mitsubishi Hitachi Power Systems Competitive Strengths & Weaknesses
7.8 MAN Energy Solutions
7.8.1 MAN Energy Solutions Details
7.8.2 MAN Energy Solutions Major Business
7.8.3 MAN Energy Solutions Steam Turbine Product and Services
7.8.4 MAN Energy Solutions Steam Turbine Production, Price, Value, Gross Margin and Market Share (2021-2026)
7.8.5 MAN Energy Solutions Recent Developments/Updates
7.8.6 MAN Energy Solutions Competitive Strengths & Weaknesses
7.9 Fuji Electric
7.9.1 Fuji Electric Details
7.9.2 Fuji Electric Major Business
7.9.3 Fuji Electric Steam Turbine Product and Services
7.9.4 Fuji Electric Steam Turbine Production, Price, Value, Gross Margin and Market Share (2021-2026)
7.9.5 Fuji Electric Recent Developments/Updates
7.9.6 Fuji Electric Competitive Strengths & Weaknesses
7.10 Ebara Elliott
7.10.1 Ebara Elliott Details
7.10.2 Ebara Elliott Major Business
7.10.3 Ebara Elliott Steam Turbine Product and Services
7.10.4 Ebara Elliott Steam Turbine Production, Price, Value, Gross Margin and Market Share (2021-2026)
7.10.5 Ebara Elliott Recent Developments/Updates
7.10.6 Ebara Elliott Competitive Strengths & Weaknesses
7.11 Doosan
7.11.1 Doosan Details
7.11.2 Doosan Major Business
7.11.3 Doosan Steam Turbine Product and Services
7.11.4 Doosan Steam Turbine Production, Price, Value, Gross Margin and Market Share (2021-2026)
7.11.5 Doosan Recent Developments/Updates
7.11.6 Doosan Competitive Strengths & Weaknesses
7.12 Ansaldo
7.12.1 Ansaldo Details
7.12.2 Ansaldo Major Business
7.12.3 Ansaldo Steam Turbine Product and Services
7.12.4 Ansaldo Steam Turbine Production, Price, Value, Gross Margin and Market Share (2021-2026)
7.12.5 Ansaldo Recent Developments/Updates
7.12.6 Ansaldo Competitive Strengths & Weaknesses
7.13 Kawasaki Heavy Industries
7.13.1 Kawasaki Heavy Industries Details
7.13.2 Kawasaki Heavy Industries Major Business
7.13.3 Kawasaki Heavy Industries Steam Turbine Product and Services
7.13.4 Kawasaki Heavy Industries Steam Turbine Production, Price, Value, Gross Margin and Market Share (2021-2026)
7.13.5 Kawasaki Heavy Industries Recent Developments/Updates
7.13.6 Kawasaki Heavy Industries Competitive Strengths & Weaknesses
7.14 Power Machines
7.14.1 Power Machines Details
7.14.2 Power Machines Major Business
7.14.3 Power Machines Steam Turbine Product and Services
7.14.4 Power Machines Steam Turbine Production, Price, Value, Gross Margin and Market Share (2021-2026)
7.14.5 Power Machines Recent Developments/Updates
7.14.6 Power Machines Competitive Strengths & Weaknesses
8 INDUSTRY CHAIN ANALYSIS
8.1 Steam Turbine Industry Chain
8.2 Steam Turbine Upstream Analysis
8.2.1 Steam Turbine Core Raw Materials
8.2.2 Main Manufacturers of Steam Turbine Core Raw Materials
8.3 Midstream Analysis
8.4 Downstream Analysis
8.5 Steam Turbine Production Mode
8.6 Steam Turbine Procurement Model
8.7 Steam Turbine Industry Sales Model and Sales Channels
8.7.1 Steam Turbine Sales Model
8.7.2 Steam Turbine Typical Distributors
9 RESEARCH FINDINGS AND CONCLUSION
10 APPENDIX
10.1 Methodology
10.2 Research Process and Data Source
10.3 Disclaimer
1.1 Steam Turbine Introduction
1.2 World Steam Turbine Supply & Forecast
1.2.1 World Steam Turbine Production Value (2021 & 2025 & 2032)
1.2.2 World Steam Turbine Production (2021-2032)
1.2.3 World Steam Turbine Pricing Trends (2021-2032)
1.3 World Steam Turbine Production by Region (Based on Production Site)
1.3.1 World Steam Turbine Production Value by Region (2021-2032)
1.3.2 World Steam Turbine Production by Region (2021-2032)
1.3.3 World Steam Turbine Average Price by Region (2021-2032)
1.3.4 North America Steam Turbine Production (2021-2032)
1.3.5 Europe Steam Turbine Production (2021-2032)
1.3.6 China Steam Turbine Production (2021-2032)
1.3.7 Japan Steam Turbine Production (2021-2032)
1.4 Market Drivers, Restraints and Trends
1.4.1 Steam Turbine Market Drivers
1.4.2 Factors Affecting Demand
1.4.3 Steam Turbine Major Market Trends
2 DEMAND SUMMARY
2.1 World Steam Turbine Demand (2021-2032)
2.2 World Steam Turbine Consumption by Region
2.2.1 World Steam Turbine Consumption by Region (2021-2026)
2.2.2 World Steam Turbine Consumption Forecast by Region (2027-2032)
2.3 United States Steam Turbine Consumption (2021-2032)
2.4 China Steam Turbine Consumption (2021-2032)
2.5 Europe Steam Turbine Consumption (2021-2032)
2.6 Japan Steam Turbine Consumption (2021-2032)
2.7 South Korea Steam Turbine Consumption (2021-2032)
2.8 ASEAN Steam Turbine Consumption (2021-2032)
2.9 India Steam Turbine Consumption (2021-2032)
3 WORLD MANUFACTURERS COMPETITIVE ANALYSIS
3.1 World Steam Turbine Production Value by Manufacturer (2021-2026)
3.2 World Steam Turbine Production by Manufacturer (2021-2026)
3.3 World Steam Turbine Average Price by Manufacturer (2021-2026)
3.4 Steam Turbine Company Evaluation Quadrant
3.5 Industry Rank and Concentration Rate (CR)
3.5.1 Global Steam Turbine Industry Rank of Major Manufacturers
3.5.2 Global Concentration Ratios (CR4) for Steam Turbine in 2025
3.5.3 Global Concentration Ratios (CR8) for Steam Turbine in 2025
3.6 Steam Turbine Market: Overall Company Footprint Analysis
3.6.1 Steam Turbine Market: Region Footprint
3.6.2 Steam Turbine Market: Company Product Type Footprint
3.6.3 Steam Turbine Market: Company Product Application Footprint
3.7 Competitive Environment
3.7.1 Historical Structure of the Industry
3.7.2 Barriers of Market Entry
3.7.3 Factors of Competition
3.8 New Entrant and Capacity Expansion Plans
3.9 Mergers, Acquisition, Agreements, and Collaborations
4 UNITED STATES VS CHINA VS REST OF THE WORLD
4.1 United States VS China: Steam Turbine Production Value Comparison
4.1.1 United States VS China: Steam Turbine Production Value Comparison (2021 & 2025 & 2032)
4.1.2 United States VS China: Steam Turbine Production Value Market Share Comparison (2021 & 2025 & 2032)
4.2 United States VS China: Steam Turbine Production Comparison
4.2.1 United States VS China: Steam Turbine Production Comparison (2021 & 2025 & 2032)
4.2.2 United States VS China: Steam Turbine Production Market Share Comparison (2021 & 2025 & 2032)
4.3 United States VS China: Steam Turbine Consumption Comparison
4.3.1 United States VS China: Steam Turbine Consumption Comparison (2021 & 2025 & 2032)
4.3.2 United States VS China: Steam Turbine Consumption Market Share Comparison (2021 & 2025 & 2032)
4.4 United States Based Steam Turbine Manufacturers and Market Share, 2021-2026
4.4.1 United States Based Steam Turbine Manufacturers, Headquarters and Production Site (States, Country)
4.4.2 United States Based Manufacturers Steam Turbine Production Value (2021-2026)
4.4.3 United States Based Manufacturers Steam Turbine Production (2021-2026)
4.5 China Based Steam Turbine Manufacturers and Market Share
4.5.1 China Based Steam Turbine Manufacturers, Headquarters and Production Site (Province, Country)
4.5.2 China Based Manufacturers Steam Turbine Production Value (2021-2026)
4.5.3 China Based Manufacturers Steam Turbine Production (2021-2026)
4.6 Rest of World Based Steam Turbine Manufacturers and Market Share, 2021-2026
4.6.1 Rest of World Based Steam Turbine Manufacturers, Headquarters and Production Site (State, Country)
4.6.2 Rest of World Based Manufacturers Steam Turbine Production Value (2021-2026)
4.6.3 Rest of World Based Manufacturers Steam Turbine Production (2021-2026)
5 MARKET ANALYSIS BY TYPE
5.1 World Steam Turbine Market Size Overview by Type: 2021 VS 2025 VS 2032
5.2 Segment Introduction by Type
5.2.1 Non-Condensing Steam Turbine
5.2.2 Condensing Steam Turbine
5.3 Market Segment by Type
5.3.1 World Steam Turbine Production by Type (2021-2032)
5.3.2 World Steam Turbine Production Value by Type (2021-2032)
5.3.3 World Steam Turbine Average Price by Type (2021-2032)
6 MARKET ANALYSIS BY APPLICATION
6.1 World Steam Turbine Market Size Overview by Application: 2021 VS 2025 VS 2032
6.2 Segment Introduction by Application
6.2.1 Power Generation
6.2.2 Industrial
6.2.3 Others
6.3 Market Segment by Application
6.3.1 World Steam Turbine Production by Application (2021-2032)
6.3.2 World Steam Turbine Production Value by Application (2021-2032)
6.3.3 World Steam Turbine Average Price by Application (2021-2032)
7 COMPANY PROFILES
7.1 General Electric
7.1.1 General Electric Details
7.1.2 General Electric Major Business
7.1.3 General Electric Steam Turbine Product and Services
7.1.4 General Electric Steam Turbine Production, Price, Value, Gross Margin and Market Share (2021-2026)
7.1.5 General Electric Recent Developments/Updates
7.1.6 General Electric Competitive Strengths & Weaknesses
7.2 Siemens
7.2.1 Siemens Details
7.2.2 Siemens Major Business
7.2.3 Siemens Steam Turbine Product and Services
7.2.4 Siemens Steam Turbine Production, Price, Value, Gross Margin and Market Share (2021-2026)
7.2.5 Siemens Recent Developments/Updates
7.2.6 Siemens Competitive Strengths & Weaknesses
7.3 Dongfang Turbine
7.3.1 Dongfang Turbine Details
7.3.2 Dongfang Turbine Major Business
7.3.3 Dongfang Turbine Steam Turbine Product and Services
7.3.4 Dongfang Turbine Steam Turbine Production, Price, Value, Gross Margin and Market Share (2021-2026)
7.3.5 Dongfang Turbine Recent Developments/Updates
7.3.6 Dongfang Turbine Competitive Strengths & Weaknesses
7.4 Shanghai Electric
7.4.1 Shanghai Electric Details
7.4.2 Shanghai Electric Major Business
7.4.3 Shanghai Electric Steam Turbine Product and Services
7.4.4 Shanghai Electric Steam Turbine Production, Price, Value, Gross Margin and Market Share (2021-2026)
7.4.5 Shanghai Electric Recent Developments/Updates
7.4.6 Shanghai Electric Competitive Strengths & Weaknesses
7.5 Hangzhou Steam Turbine(HTC)
7.5.1 Hangzhou Steam Turbine(HTC) Details
7.5.2 Hangzhou Steam Turbine(HTC) Major Business
7.5.3 Hangzhou Steam Turbine(HTC) Steam Turbine Product and Services
7.5.4 Hangzhou Steam Turbine(HTC) Steam Turbine Production, Price, Value, Gross Margin and Market Share (2021-2026)
7.5.5 Hangzhou Steam Turbine(HTC) Recent Developments/Updates
7.5.6 Hangzhou Steam Turbine(HTC) Competitive Strengths & Weaknesses
7.6 Harbin Electric Corporation
7.6.1 Harbin Electric Corporation Details
7.6.2 Harbin Electric Corporation Major Business
7.6.3 Harbin Electric Corporation Steam Turbine Product and Services
7.6.4 Harbin Electric Corporation Steam Turbine Production, Price, Value, Gross Margin and Market Share (2021-2026)
7.6.5 Harbin Electric Corporation Recent Developments/Updates
7.6.6 Harbin Electric Corporation Competitive Strengths & Weaknesses
7.7 Mitsubishi Hitachi Power Systems
7.7.1 Mitsubishi Hitachi Power Systems Details
7.7.2 Mitsubishi Hitachi Power Systems Major Business
7.7.3 Mitsubishi Hitachi Power Systems Steam Turbine Product and Services
7.7.4 Mitsubishi Hitachi Power Systems Steam Turbine Production, Price, Value, Gross Margin and Market Share (2021-2026)
7.7.5 Mitsubishi Hitachi Power Systems Recent Developments/Updates
7.7.6 Mitsubishi Hitachi Power Systems Competitive Strengths & Weaknesses
7.8 MAN Energy Solutions
7.8.1 MAN Energy Solutions Details
7.8.2 MAN Energy Solutions Major Business
7.8.3 MAN Energy Solutions Steam Turbine Product and Services
7.8.4 MAN Energy Solutions Steam Turbine Production, Price, Value, Gross Margin and Market Share (2021-2026)
7.8.5 MAN Energy Solutions Recent Developments/Updates
7.8.6 MAN Energy Solutions Competitive Strengths & Weaknesses
7.9 Fuji Electric
7.9.1 Fuji Electric Details
7.9.2 Fuji Electric Major Business
7.9.3 Fuji Electric Steam Turbine Product and Services
7.9.4 Fuji Electric Steam Turbine Production, Price, Value, Gross Margin and Market Share (2021-2026)
7.9.5 Fuji Electric Recent Developments/Updates
7.9.6 Fuji Electric Competitive Strengths & Weaknesses
7.10 Ebara Elliott
7.10.1 Ebara Elliott Details
7.10.2 Ebara Elliott Major Business
7.10.3 Ebara Elliott Steam Turbine Product and Services
7.10.4 Ebara Elliott Steam Turbine Production, Price, Value, Gross Margin and Market Share (2021-2026)
7.10.5 Ebara Elliott Recent Developments/Updates
7.10.6 Ebara Elliott Competitive Strengths & Weaknesses
7.11 Doosan
7.11.1 Doosan Details
7.11.2 Doosan Major Business
7.11.3 Doosan Steam Turbine Product and Services
7.11.4 Doosan Steam Turbine Production, Price, Value, Gross Margin and Market Share (2021-2026)
7.11.5 Doosan Recent Developments/Updates
7.11.6 Doosan Competitive Strengths & Weaknesses
7.12 Ansaldo
7.12.1 Ansaldo Details
7.12.2 Ansaldo Major Business
7.12.3 Ansaldo Steam Turbine Product and Services
7.12.4 Ansaldo Steam Turbine Production, Price, Value, Gross Margin and Market Share (2021-2026)
7.12.5 Ansaldo Recent Developments/Updates
7.12.6 Ansaldo Competitive Strengths & Weaknesses
7.13 Kawasaki Heavy Industries
7.13.1 Kawasaki Heavy Industries Details
7.13.2 Kawasaki Heavy Industries Major Business
7.13.3 Kawasaki Heavy Industries Steam Turbine Product and Services
7.13.4 Kawasaki Heavy Industries Steam Turbine Production, Price, Value, Gross Margin and Market Share (2021-2026)
7.13.5 Kawasaki Heavy Industries Recent Developments/Updates
7.13.6 Kawasaki Heavy Industries Competitive Strengths & Weaknesses
7.14 Power Machines
7.14.1 Power Machines Details
7.14.2 Power Machines Major Business
7.14.3 Power Machines Steam Turbine Product and Services
7.14.4 Power Machines Steam Turbine Production, Price, Value, Gross Margin and Market Share (2021-2026)
7.14.5 Power Machines Recent Developments/Updates
7.14.6 Power Machines Competitive Strengths & Weaknesses
8 INDUSTRY CHAIN ANALYSIS
8.1 Steam Turbine Industry Chain
8.2 Steam Turbine Upstream Analysis
8.2.1 Steam Turbine Core Raw Materials
8.2.2 Main Manufacturers of Steam Turbine Core Raw Materials
8.3 Midstream Analysis
8.4 Downstream Analysis
8.5 Steam Turbine Production Mode
8.6 Steam Turbine Procurement Model
8.7 Steam Turbine Industry Sales Model and Sales Channels
8.7.1 Steam Turbine Sales Model
8.7.2 Steam Turbine Typical Distributors
9 RESEARCH FINDINGS AND CONCLUSION
10 APPENDIX
10.1 Methodology
10.2 Research Process and Data Source
10.3 Disclaimer
LIST OF FIGURES
Table 1. World Steam Turbine Production Value by Region (2021, 2025 and 2032) & (USD Million)
Table 2. World Steam Turbine Production Value by Region (2021-2026) & (USD Million)
Table 3. World Steam Turbine Production Value by Region (2027-2032) & (USD Million)
Table 4. World Steam Turbine Production Value Market Share by Region (2021-2026)
Table 5. World Steam Turbine Production Value Market Share by Region (2027-2032)
Table 6. World Steam Turbine Production by Region (2021-2026) & (MW)
Table 7. World Steam Turbine Production by Region (2027-2032) & (MW)
Table 8. World Steam Turbine Production Market Share by Region (2021-2026)
Table 9. World Steam Turbine Production Market Share by Region (2027-2032)
Table 10. World Steam Turbine Average Price by Region (2021-2026) & (USD/KW)
Table 11. World Steam Turbine Average Price by Region (2027-2032) & (USD/KW)
Table 12. Steam Turbine Major Market Trends
Table 13. World Steam Turbine Consumption Growth Rate Forecast by Region (2021 & 2025 & 2032) & (MW)
Table 14. World Steam Turbine Consumption by Region (2021-2026) & (MW)
Table 15. World Steam Turbine Consumption Forecast by Region (2027-2032) & (MW)
Table 16. World Steam Turbine Production Value by Manufacturer (2021-2026) & (USD Million)
Table 17. Production Value Market Share of Key Steam Turbine Producers in 2025
Table 18. World Steam Turbine Production by Manufacturer (2021-2026) & (MW)
Table 19. Production Market Share of Key Steam Turbine Producers in 2025
Table 20. World Steam Turbine Average Price by Manufacturer (2021-2026) & (USD/KW)
Table 21. Global Steam Turbine Company Evaluation Quadrant
Table 22. World Steam Turbine Industry Rank of Major Manufacturers, Based on Production Value in 2025
Table 23. Head Office and Steam Turbine Production Site of Key Manufacturer
Table 24. Steam Turbine Market: Company Product Type Footprint
Table 25. Steam Turbine Market: Company Product Application Footprint
Table 26. Steam Turbine Competitive Factors
Table 27. Steam Turbine New Entrant and Capacity Expansion Plans
Table 28. Steam Turbine Mergers & Acquisitions Activity
Table 29. United States VS China Steam Turbine Production Value Comparison, (2021 & 2025 & 2032) & (USD Million)
Table 30. United States VS China Steam Turbine Production Comparison, (2021 & 2025 & 2032) & (MW)
Table 31. United States VS China Steam Turbine Consumption Comparison, (2021 & 2025 & 2032) & (MW)
Table 32. United States Based Steam Turbine Manufacturers, Headquarters and Production Site (States, Country)
Table 33. United States Based Manufacturers Steam Turbine Production Value, (2021-2026) & (USD Million)
Table 34. United States Based Manufacturers Steam Turbine Production Value Market Share (2021-2026)
Table 35. United States Based Manufacturers Steam Turbine Production (2021-2026) & (MW)
Table 36. United States Based Manufacturers Steam Turbine Production Market Share (2021-2026)
Table 37. China Based Steam Turbine Manufacturers, Headquarters and Production Site (Province, Country)
Table 38. China Based Manufacturers Steam Turbine Production Value, (2021-2026) & (USD Million)
Table 39. China Based Manufacturers Steam Turbine Production Value Market Share (2021-2026)
Table 40. China Based Manufacturers Steam Turbine Production, (2021-2026) & (MW)
Table 41. China Based Manufacturers Steam Turbine Production Market Share (2021-2026)
Table 42. Rest of World Based Steam Turbine Manufacturers, Headquarters and Production Site (State, Country)
Table 43. Rest of World Based Manufacturers Steam Turbine Production Value, (2021-2026) & (USD Million)
Table 44. Rest of World Based Manufacturers Steam Turbine Production Value Market Share (2021-2026)
Table 45. Rest of World Based Manufacturers Steam Turbine Production, (2021-2026) & (MW)
Table 46. Rest of World Based Manufacturers Steam Turbine Production Market Share (2021-2026)
Table 47. World Steam Turbine Production Value by Type, (USD Million), 2021 & 2025 & 2032
Table 48. World Steam Turbine Production by Type (2021-2026) & (MW)
Table 49. World Steam Turbine Production by Type (2027-2032) & (MW)
Table 50. World Steam Turbine Production Value by Type (2021-2026) & (USD Million)
Table 51. World Steam Turbine Production Value by Type (2027-2032) & (USD Million)
Table 52. World Steam Turbine Average Price by Type (2021-2026) & (USD/KW)
Table 53. World Steam Turbine Average Price by Type (2027-2032) & (USD/KW)
Table 54. World Steam Turbine Production Value by Application, (USD Million), 2021 & 2025 & 2032
Table 55. World Steam Turbine Production by Application (2021-2026) & (MW)
Table 56. World Steam Turbine Production by Application (2027-2032) & (MW)
Table 57. World Steam Turbine Production Value by Application (2021-2026) & (USD Million)
Table 58. World Steam Turbine Production Value by Application (2027-2032) & (USD Million)
Table 59. World Steam Turbine Average Price by Application (2021-2026) & (USD/KW)
Table 60. World Steam Turbine Average Price by Application (2027-2032) & (USD/KW)
Table 61. General Electric Basic Information, Manufacturing Base and Competitors
Table 62. General Electric Major Business
Table 63. General Electric Steam Turbine Product and Services
Table 64. General Electric Steam Turbine Production (MW), Price (USD/KW), Production Value (USD Million), Gross Margin and Market Share (2021-2026)
Table 65. General Electric Recent Developments/Updates
Table 66. General Electric Competitive Strengths & Weaknesses
Table 67. Siemens Basic Information, Manufacturing Base and Competitors
Table 68. Siemens Major Business
Table 69. Siemens Steam Turbine Product and Services
Table 70. Siemens Steam Turbine Production (MW), Price (USD/KW), Production Value (USD Million), Gross Margin and Market Share (2021-2026)
Table 71. Siemens Recent Developments/Updates
Table 72. Siemens Competitive Strengths & Weaknesses
Table 73. Dongfang Turbine Basic Information, Manufacturing Base and Competitors
Table 74. Dongfang Turbine Major Business
Table 75. Dongfang Turbine Steam Turbine Product and Services
Table 76. Dongfang Turbine Steam Turbine Production (MW), Price (USD/KW), Production Value (USD Million), Gross Margin and Market Share (2021-2026)
Table 77. Dongfang Turbine Recent Developments/Updates
Table 78. Dongfang Turbine Competitive Strengths & Weaknesses
Table 79. Shanghai Electric Basic Information, Manufacturing Base and Competitors
Table 80. Shanghai Electric Major Business
Table 81. Shanghai Electric Steam Turbine Product and Services
Table 82. Shanghai Electric Steam Turbine Production (MW), Price (USD/KW), Production Value (USD Million), Gross Margin and Market Share (2021-2026)
Table 83. Shanghai Electric Recent Developments/Updates
Table 84. Shanghai Electric Competitive Strengths & Weaknesses
Table 85. Hangzhou Steam Turbine(HTC) Basic Information, Manufacturing Base and Competitors
Table 86. Hangzhou Steam Turbine(HTC) Major Business
Table 87. Hangzhou Steam Turbine(HTC) Steam Turbine Product and Services
Table 88. Hangzhou Steam Turbine(HTC) Steam Turbine Production (MW), Price (USD/KW), Production Value (USD Million), Gross Margin and Market Share (2021-2026)
Table 89. Hangzhou Steam Turbine(HTC) Recent Developments/Updates
Table 90. Hangzhou Steam Turbine(HTC) Competitive Strengths & Weaknesses
Table 91. Harbin Electric Corporation Basic Information, Manufacturing Base and Competitors
Table 92. Harbin Electric Corporation Major Business
Table 93. Harbin Electric Corporation Steam Turbine Product and Services
Table 94. Harbin Electric Corporation Steam Turbine Production (MW), Price (USD/KW), Production Value (USD Million), Gross Margin and Market Share (2021-2026)
Table 95. Harbin Electric Corporation Recent Developments/Updates
Table 96. Harbin Electric Corporation Competitive Strengths & Weaknesses
Table 97. Mitsubishi Hitachi Power Systems Basic Information, Manufacturing Base and Competitors
Table 98. Mitsubishi Hitachi Power Systems Major Business
Table 99. Mitsubishi Hitachi Power Systems Steam Turbine Product and Services
Table 100. Mitsubishi Hitachi Power Systems Steam Turbine Production (MW), Price (USD/KW), Production Value (USD Million), Gross Margin and Market Share (2021-2026)
Table 101. Mitsubishi Hitachi Power Systems Recent Developments/Updates
Table 102. Mitsubishi Hitachi Power Systems Competitive Strengths & Weaknesses
Table 103. MAN Energy Solutions Basic Information, Manufacturing Base and Competitors
Table 104. MAN Energy Solutions Major Business
Table 105. MAN Energy Solutions Steam Turbine Product and Services
Table 106. MAN Energy Solutions Steam Turbine Production (MW), Price (USD/KW), Production Value (USD Million), Gross Margin and Market Share (2021-2026)
Table 107. MAN Energy Solutions Recent Developments/Updates
Table 108. MAN Energy Solutions Competitive Strengths & Weaknesses
Table 109. Fuji Electric Basic Information, Manufacturing Base and Competitors
Table 110. Fuji Electric Major Business
Table 111. Fuji Electric Steam Turbine Product and Services
Table 112. Fuji Electric Steam Turbine Production (MW), Price (USD/KW), Production Value (USD Million), Gross Margin and Market Share (2021-2026)
Table 113. Fuji Electric Recent Developments/Updates
Table 114. Fuji Electric Competitive Strengths & Weaknesses
Table 115. Ebara Elliott Basic Information, Manufacturing Base and Competitors
Table 116. Ebara Elliott Major Business
Table 117. Ebara Elliott Steam Turbine Product and Services
Table 118. Ebara Elliott Steam Turbine Production (MW), Price (USD/KW), Production Value (USD Million), Gross Margin and Market Share (2021-2026)
Table 119. Ebara Elliott Recent Developments/Updates
Table 120. Ebara Elliott Competitive Strengths & Weaknesses
Table 121. Doosan Basic Information, Manufacturing Base and Competitors
Table 122. Doosan Major Business
Table 123. Doosan Steam Turbine Product and Services
Table 124. Doosan Steam Turbine Production (MW), Price (USD/KW), Production Value (USD Million), Gross Margin and Market Share (2021-2026)
Table 125. Doosan Recent Developments/Updates
Table 126. Doosan Competitive Strengths & Weaknesses
Table 127. Ansaldo Basic Information, Manufacturing Base and Competitors
Table 128. Ansaldo Major Business
Table 129. Ansaldo Steam Turbine Product and Services
Table 130. Ansaldo Steam Turbine Production (MW), Price (USD/KW), Production Value (USD Million), Gross Margin and Market Share (2021-2026)
Table 131. Ansaldo Recent Developments/Updates
Table 132. Ansaldo Competitive Strengths & Weaknesses
Table 133. Kawasaki Heavy Industries Basic Information, Manufacturing Base and Competitors
Table 134. Kawasaki Heavy Industries Major Business
Table 135. Kawasaki Heavy Industries Steam Turbine Product and Services
Table 136. Kawasaki Heavy Industries Steam Turbine Production (MW), Price (USD/KW), Production Value (USD Million), Gross Margin and Market Share (2021-2026)
Table 137. Kawasaki Heavy Industries Recent Developments/Updates
Table 138. Kawasaki Heavy Industries Competitive Strengths & Weaknesses
Table 139. Power Machines Basic Information, Manufacturing Base and Competitors
Table 140. Power Machines Major Business
Table 141. Power Machines Steam Turbine Product and Services
Table 142. Power Machines Steam Turbine Production (MW), Price (USD/KW), Production Value (USD Million), Gross Margin and Market Share (2021-2026)
Table 143. Power Machines Recent Developments/Updates
Table 144. Power Machines Competitive Strengths & Weaknesses
Table 145. Global Key Players of Steam Turbine Upstream (Raw Materials)
Table 146. Global Steam Turbine Typical Customers
Table 147. Steam Turbine Typical Distributors
LIST OF FIGURES
Figure 1. Steam Turbine Picture
Figure 2. World Steam Turbine Production Value: 2021 & 2025 & 2032, (USD Million)
Figure 3. World Steam Turbine Production Value and Forecast (2021-2032) & (USD Million)
Figure 4. World Steam Turbine Production (2021-2032) & (MW)
Figure 5. World Steam Turbine Average Price (2021-2032) & (USD/KW)
Figure 6. World Steam Turbine Production Value Market Share by Region (2021-2032)
Figure 7. World Steam Turbine Production Market Share by Region (2021-2032)
Figure 8. North America Steam Turbine Production (2021-2032) & (MW)
Figure 9. Europe Steam Turbine Production (2021-2032) & (MW)
Figure 10. China Steam Turbine Production (2021-2032) & (MW)
Figure 11. Japan Steam Turbine Production (2021-2032) & (MW)
Figure 12. Steam Turbine Market Drivers
Figure 13. Factors Affecting Demand
Figure 14. World Steam Turbine Consumption (2021-2032) & (MW)
Figure 15. World Steam Turbine Consumption Market Share by Region (2021-2032)
Figure 16. United States Steam Turbine Consumption (2021-2032) & (MW)
Figure 17. China Steam Turbine Consumption (2021-2032) & (MW)
Figure 18. Europe Steam Turbine Consumption (2021-2032) & (MW)
Figure 19. Japan Steam Turbine Consumption (2021-2032) & (MW)
Figure 20. South Korea Steam Turbine Consumption (2021-2032) & (MW)
Figure 21. ASEAN Steam Turbine Consumption (2021-2032) & (MW)
Figure 22. India Steam Turbine Consumption (2021-2032) & (MW)
Figure 23. Producer Shipments of Steam Turbine by Manufacturer Revenue ($MM) and Market Share (%): 2025
Figure 24. Global Four-firm Concentration Ratios (CR4) for Steam Turbine Markets in 2025
Figure 25. Global Four-firm Concentration Ratios (CR8) for Steam Turbine Markets in 2025
Figure 26. United States VS China: Steam Turbine Production Value Market Share Comparison (2021 & 2025 & 2032)
Figure 27. United States VS China: Steam Turbine Production Market Share Comparison (2021 & 2025 & 2032)
Figure 28. United States VS China: Steam Turbine Consumption Market Share Comparison (2021 & 2025 & 2032)
Figure 29. United States Based Manufacturers Steam Turbine Production Market Share 2025
Figure 30. China Based Manufacturers Steam Turbine Production Market Share 2025
Figure 31. Rest of World Based Manufacturers Steam Turbine Production Market Share 2025
Figure 32. World Steam Turbine Production Value by Type, (USD Million), 2021 & 2025 & 2032
Figure 33. World Steam Turbine Production Value Market Share by Type in 2025
Figure 34. Non-Condensing Steam Turbine
Figure 35. Condensing Steam Turbine
Figure 36. World Steam Turbine Production Market Share by Type (2021-2032)
Figure 37. World Steam Turbine Production Value Market Share by Type (2021-2032)
Figure 38. World Steam Turbine Average Price by Type (2021-2032) & (USD/KW)
Figure 39. World Steam Turbine Production Value by Application, (USD Million), 2021 & 2025 & 2032
Figure 40. World Steam Turbine Production Value Market Share by Application in 2025
Figure 41. Power Generation
Figure 42. Industrial
Figure 43. Others
Figure 44. World Steam Turbine Production Market Share by Application (2021-2032)
Figure 45. World Steam Turbine Production Value Market Share by Application (2021-2032)
Figure 46. World Steam Turbine Average Price by Application (2021-2032) & (USD/KW)
Figure 47. Steam Turbine Industry Chain
Figure 48. Steam Turbine Procurement Model
Figure 49. Steam Turbine Sales Model
Figure 50. Steam Turbine Sales Channels, Direct Sales, and Distribution
Figure 51. Methodology
Figure 52. Research Process and Data Source
Table 1. World Steam Turbine Production Value by Region (2021, 2025 and 2032) & (USD Million)
Table 2. World Steam Turbine Production Value by Region (2021-2026) & (USD Million)
Table 3. World Steam Turbine Production Value by Region (2027-2032) & (USD Million)
Table 4. World Steam Turbine Production Value Market Share by Region (2021-2026)
Table 5. World Steam Turbine Production Value Market Share by Region (2027-2032)
Table 6. World Steam Turbine Production by Region (2021-2026) & (MW)
Table 7. World Steam Turbine Production by Region (2027-2032) & (MW)
Table 8. World Steam Turbine Production Market Share by Region (2021-2026)
Table 9. World Steam Turbine Production Market Share by Region (2027-2032)
Table 10. World Steam Turbine Average Price by Region (2021-2026) & (USD/KW)
Table 11. World Steam Turbine Average Price by Region (2027-2032) & (USD/KW)
Table 12. Steam Turbine Major Market Trends
Table 13. World Steam Turbine Consumption Growth Rate Forecast by Region (2021 & 2025 & 2032) & (MW)
Table 14. World Steam Turbine Consumption by Region (2021-2026) & (MW)
Table 15. World Steam Turbine Consumption Forecast by Region (2027-2032) & (MW)
Table 16. World Steam Turbine Production Value by Manufacturer (2021-2026) & (USD Million)
Table 17. Production Value Market Share of Key Steam Turbine Producers in 2025
Table 18. World Steam Turbine Production by Manufacturer (2021-2026) & (MW)
Table 19. Production Market Share of Key Steam Turbine Producers in 2025
Table 20. World Steam Turbine Average Price by Manufacturer (2021-2026) & (USD/KW)
Table 21. Global Steam Turbine Company Evaluation Quadrant
Table 22. World Steam Turbine Industry Rank of Major Manufacturers, Based on Production Value in 2025
Table 23. Head Office and Steam Turbine Production Site of Key Manufacturer
Table 24. Steam Turbine Market: Company Product Type Footprint
Table 25. Steam Turbine Market: Company Product Application Footprint
Table 26. Steam Turbine Competitive Factors
Table 27. Steam Turbine New Entrant and Capacity Expansion Plans
Table 28. Steam Turbine Mergers & Acquisitions Activity
Table 29. United States VS China Steam Turbine Production Value Comparison, (2021 & 2025 & 2032) & (USD Million)
Table 30. United States VS China Steam Turbine Production Comparison, (2021 & 2025 & 2032) & (MW)
Table 31. United States VS China Steam Turbine Consumption Comparison, (2021 & 2025 & 2032) & (MW)
Table 32. United States Based Steam Turbine Manufacturers, Headquarters and Production Site (States, Country)
Table 33. United States Based Manufacturers Steam Turbine Production Value, (2021-2026) & (USD Million)
Table 34. United States Based Manufacturers Steam Turbine Production Value Market Share (2021-2026)
Table 35. United States Based Manufacturers Steam Turbine Production (2021-2026) & (MW)
Table 36. United States Based Manufacturers Steam Turbine Production Market Share (2021-2026)
Table 37. China Based Steam Turbine Manufacturers, Headquarters and Production Site (Province, Country)
Table 38. China Based Manufacturers Steam Turbine Production Value, (2021-2026) & (USD Million)
Table 39. China Based Manufacturers Steam Turbine Production Value Market Share (2021-2026)
Table 40. China Based Manufacturers Steam Turbine Production, (2021-2026) & (MW)
Table 41. China Based Manufacturers Steam Turbine Production Market Share (2021-2026)
Table 42. Rest of World Based Steam Turbine Manufacturers, Headquarters and Production Site (State, Country)
Table 43. Rest of World Based Manufacturers Steam Turbine Production Value, (2021-2026) & (USD Million)
Table 44. Rest of World Based Manufacturers Steam Turbine Production Value Market Share (2021-2026)
Table 45. Rest of World Based Manufacturers Steam Turbine Production, (2021-2026) & (MW)
Table 46. Rest of World Based Manufacturers Steam Turbine Production Market Share (2021-2026)
Table 47. World Steam Turbine Production Value by Type, (USD Million), 2021 & 2025 & 2032
Table 48. World Steam Turbine Production by Type (2021-2026) & (MW)
Table 49. World Steam Turbine Production by Type (2027-2032) & (MW)
Table 50. World Steam Turbine Production Value by Type (2021-2026) & (USD Million)
Table 51. World Steam Turbine Production Value by Type (2027-2032) & (USD Million)
Table 52. World Steam Turbine Average Price by Type (2021-2026) & (USD/KW)
Table 53. World Steam Turbine Average Price by Type (2027-2032) & (USD/KW)
Table 54. World Steam Turbine Production Value by Application, (USD Million), 2021 & 2025 & 2032
Table 55. World Steam Turbine Production by Application (2021-2026) & (MW)
Table 56. World Steam Turbine Production by Application (2027-2032) & (MW)
Table 57. World Steam Turbine Production Value by Application (2021-2026) & (USD Million)
Table 58. World Steam Turbine Production Value by Application (2027-2032) & (USD Million)
Table 59. World Steam Turbine Average Price by Application (2021-2026) & (USD/KW)
Table 60. World Steam Turbine Average Price by Application (2027-2032) & (USD/KW)
Table 61. General Electric Basic Information, Manufacturing Base and Competitors
Table 62. General Electric Major Business
Table 63. General Electric Steam Turbine Product and Services
Table 64. General Electric Steam Turbine Production (MW), Price (USD/KW), Production Value (USD Million), Gross Margin and Market Share (2021-2026)
Table 65. General Electric Recent Developments/Updates
Table 66. General Electric Competitive Strengths & Weaknesses
Table 67. Siemens Basic Information, Manufacturing Base and Competitors
Table 68. Siemens Major Business
Table 69. Siemens Steam Turbine Product and Services
Table 70. Siemens Steam Turbine Production (MW), Price (USD/KW), Production Value (USD Million), Gross Margin and Market Share (2021-2026)
Table 71. Siemens Recent Developments/Updates
Table 72. Siemens Competitive Strengths & Weaknesses
Table 73. Dongfang Turbine Basic Information, Manufacturing Base and Competitors
Table 74. Dongfang Turbine Major Business
Table 75. Dongfang Turbine Steam Turbine Product and Services
Table 76. Dongfang Turbine Steam Turbine Production (MW), Price (USD/KW), Production Value (USD Million), Gross Margin and Market Share (2021-2026)
Table 77. Dongfang Turbine Recent Developments/Updates
Table 78. Dongfang Turbine Competitive Strengths & Weaknesses
Table 79. Shanghai Electric Basic Information, Manufacturing Base and Competitors
Table 80. Shanghai Electric Major Business
Table 81. Shanghai Electric Steam Turbine Product and Services
Table 82. Shanghai Electric Steam Turbine Production (MW), Price (USD/KW), Production Value (USD Million), Gross Margin and Market Share (2021-2026)
Table 83. Shanghai Electric Recent Developments/Updates
Table 84. Shanghai Electric Competitive Strengths & Weaknesses
Table 85. Hangzhou Steam Turbine(HTC) Basic Information, Manufacturing Base and Competitors
Table 86. Hangzhou Steam Turbine(HTC) Major Business
Table 87. Hangzhou Steam Turbine(HTC) Steam Turbine Product and Services
Table 88. Hangzhou Steam Turbine(HTC) Steam Turbine Production (MW), Price (USD/KW), Production Value (USD Million), Gross Margin and Market Share (2021-2026)
Table 89. Hangzhou Steam Turbine(HTC) Recent Developments/Updates
Table 90. Hangzhou Steam Turbine(HTC) Competitive Strengths & Weaknesses
Table 91. Harbin Electric Corporation Basic Information, Manufacturing Base and Competitors
Table 92. Harbin Electric Corporation Major Business
Table 93. Harbin Electric Corporation Steam Turbine Product and Services
Table 94. Harbin Electric Corporation Steam Turbine Production (MW), Price (USD/KW), Production Value (USD Million), Gross Margin and Market Share (2021-2026)
Table 95. Harbin Electric Corporation Recent Developments/Updates
Table 96. Harbin Electric Corporation Competitive Strengths & Weaknesses
Table 97. Mitsubishi Hitachi Power Systems Basic Information, Manufacturing Base and Competitors
Table 98. Mitsubishi Hitachi Power Systems Major Business
Table 99. Mitsubishi Hitachi Power Systems Steam Turbine Product and Services
Table 100. Mitsubishi Hitachi Power Systems Steam Turbine Production (MW), Price (USD/KW), Production Value (USD Million), Gross Margin and Market Share (2021-2026)
Table 101. Mitsubishi Hitachi Power Systems Recent Developments/Updates
Table 102. Mitsubishi Hitachi Power Systems Competitive Strengths & Weaknesses
Table 103. MAN Energy Solutions Basic Information, Manufacturing Base and Competitors
Table 104. MAN Energy Solutions Major Business
Table 105. MAN Energy Solutions Steam Turbine Product and Services
Table 106. MAN Energy Solutions Steam Turbine Production (MW), Price (USD/KW), Production Value (USD Million), Gross Margin and Market Share (2021-2026)
Table 107. MAN Energy Solutions Recent Developments/Updates
Table 108. MAN Energy Solutions Competitive Strengths & Weaknesses
Table 109. Fuji Electric Basic Information, Manufacturing Base and Competitors
Table 110. Fuji Electric Major Business
Table 111. Fuji Electric Steam Turbine Product and Services
Table 112. Fuji Electric Steam Turbine Production (MW), Price (USD/KW), Production Value (USD Million), Gross Margin and Market Share (2021-2026)
Table 113. Fuji Electric Recent Developments/Updates
Table 114. Fuji Electric Competitive Strengths & Weaknesses
Table 115. Ebara Elliott Basic Information, Manufacturing Base and Competitors
Table 116. Ebara Elliott Major Business
Table 117. Ebara Elliott Steam Turbine Product and Services
Table 118. Ebara Elliott Steam Turbine Production (MW), Price (USD/KW), Production Value (USD Million), Gross Margin and Market Share (2021-2026)
Table 119. Ebara Elliott Recent Developments/Updates
Table 120. Ebara Elliott Competitive Strengths & Weaknesses
Table 121. Doosan Basic Information, Manufacturing Base and Competitors
Table 122. Doosan Major Business
Table 123. Doosan Steam Turbine Product and Services
Table 124. Doosan Steam Turbine Production (MW), Price (USD/KW), Production Value (USD Million), Gross Margin and Market Share (2021-2026)
Table 125. Doosan Recent Developments/Updates
Table 126. Doosan Competitive Strengths & Weaknesses
Table 127. Ansaldo Basic Information, Manufacturing Base and Competitors
Table 128. Ansaldo Major Business
Table 129. Ansaldo Steam Turbine Product and Services
Table 130. Ansaldo Steam Turbine Production (MW), Price (USD/KW), Production Value (USD Million), Gross Margin and Market Share (2021-2026)
Table 131. Ansaldo Recent Developments/Updates
Table 132. Ansaldo Competitive Strengths & Weaknesses
Table 133. Kawasaki Heavy Industries Basic Information, Manufacturing Base and Competitors
Table 134. Kawasaki Heavy Industries Major Business
Table 135. Kawasaki Heavy Industries Steam Turbine Product and Services
Table 136. Kawasaki Heavy Industries Steam Turbine Production (MW), Price (USD/KW), Production Value (USD Million), Gross Margin and Market Share (2021-2026)
Table 137. Kawasaki Heavy Industries Recent Developments/Updates
Table 138. Kawasaki Heavy Industries Competitive Strengths & Weaknesses
Table 139. Power Machines Basic Information, Manufacturing Base and Competitors
Table 140. Power Machines Major Business
Table 141. Power Machines Steam Turbine Product and Services
Table 142. Power Machines Steam Turbine Production (MW), Price (USD/KW), Production Value (USD Million), Gross Margin and Market Share (2021-2026)
Table 143. Power Machines Recent Developments/Updates
Table 144. Power Machines Competitive Strengths & Weaknesses
Table 145. Global Key Players of Steam Turbine Upstream (Raw Materials)
Table 146. Global Steam Turbine Typical Customers
Table 147. Steam Turbine Typical Distributors
LIST OF FIGURES
Figure 1. Steam Turbine Picture
Figure 2. World Steam Turbine Production Value: 2021 & 2025 & 2032, (USD Million)
Figure 3. World Steam Turbine Production Value and Forecast (2021-2032) & (USD Million)
Figure 4. World Steam Turbine Production (2021-2032) & (MW)
Figure 5. World Steam Turbine Average Price (2021-2032) & (USD/KW)
Figure 6. World Steam Turbine Production Value Market Share by Region (2021-2032)
Figure 7. World Steam Turbine Production Market Share by Region (2021-2032)
Figure 8. North America Steam Turbine Production (2021-2032) & (MW)
Figure 9. Europe Steam Turbine Production (2021-2032) & (MW)
Figure 10. China Steam Turbine Production (2021-2032) & (MW)
Figure 11. Japan Steam Turbine Production (2021-2032) & (MW)
Figure 12. Steam Turbine Market Drivers
Figure 13. Factors Affecting Demand
Figure 14. World Steam Turbine Consumption (2021-2032) & (MW)
Figure 15. World Steam Turbine Consumption Market Share by Region (2021-2032)
Figure 16. United States Steam Turbine Consumption (2021-2032) & (MW)
Figure 17. China Steam Turbine Consumption (2021-2032) & (MW)
Figure 18. Europe Steam Turbine Consumption (2021-2032) & (MW)
Figure 19. Japan Steam Turbine Consumption (2021-2032) & (MW)
Figure 20. South Korea Steam Turbine Consumption (2021-2032) & (MW)
Figure 21. ASEAN Steam Turbine Consumption (2021-2032) & (MW)
Figure 22. India Steam Turbine Consumption (2021-2032) & (MW)
Figure 23. Producer Shipments of Steam Turbine by Manufacturer Revenue ($MM) and Market Share (%): 2025
Figure 24. Global Four-firm Concentration Ratios (CR4) for Steam Turbine Markets in 2025
Figure 25. Global Four-firm Concentration Ratios (CR8) for Steam Turbine Markets in 2025
Figure 26. United States VS China: Steam Turbine Production Value Market Share Comparison (2021 & 2025 & 2032)
Figure 27. United States VS China: Steam Turbine Production Market Share Comparison (2021 & 2025 & 2032)
Figure 28. United States VS China: Steam Turbine Consumption Market Share Comparison (2021 & 2025 & 2032)
Figure 29. United States Based Manufacturers Steam Turbine Production Market Share 2025
Figure 30. China Based Manufacturers Steam Turbine Production Market Share 2025
Figure 31. Rest of World Based Manufacturers Steam Turbine Production Market Share 2025
Figure 32. World Steam Turbine Production Value by Type, (USD Million), 2021 & 2025 & 2032
Figure 33. World Steam Turbine Production Value Market Share by Type in 2025
Figure 34. Non-Condensing Steam Turbine
Figure 35. Condensing Steam Turbine
Figure 36. World Steam Turbine Production Market Share by Type (2021-2032)
Figure 37. World Steam Turbine Production Value Market Share by Type (2021-2032)
Figure 38. World Steam Turbine Average Price by Type (2021-2032) & (USD/KW)
Figure 39. World Steam Turbine Production Value by Application, (USD Million), 2021 & 2025 & 2032
Figure 40. World Steam Turbine Production Value Market Share by Application in 2025
Figure 41. Power Generation
Figure 42. Industrial
Figure 43. Others
Figure 44. World Steam Turbine Production Market Share by Application (2021-2032)
Figure 45. World Steam Turbine Production Value Market Share by Application (2021-2032)
Figure 46. World Steam Turbine Average Price by Application (2021-2032) & (USD/KW)
Figure 47. Steam Turbine Industry Chain
Figure 48. Steam Turbine Procurement Model
Figure 49. Steam Turbine Sales Model
Figure 50. Steam Turbine Sales Channels, Direct Sales, and Distribution
Figure 51. Methodology
Figure 52. Research Process and Data Source
