Growth Opportunities in Global Steam Turbine Market in Power Generation 2012-2017: Trend, Forecast, and Opportunity Analysis, December 2012

December 2012 | | ID: G6516A1C2BDEN
Lucintel

Abstracts

The global steam turbine market stands on the threshold of strong growth. In 2011, the market topped $12.1 billion, growing at a Compounded Annual Growth Rate (CAGR) of 2.4%. The Asia Pacific (APAC) region captured the largest market share with approximately $9.3 billion, representing 77% of the market. According to market forecasts, the global steam turbine market is poised for growth at 3% CAGR over the next five years (2012-2017) to reach approximately $15.3 billion in 2017.

Lucintel, a leading global management consulting and market research firm, has conducted a competitive analysis on this market and presents its findings in “Growth Opportunities in Global Steam Turbine Market in Power Generation 2012-2017: Trend, Forecast, and Opportunity Analysis.” This study provides a concise overview of the global steam turbine market in terms of value and annual installations. The steam turbine market is segmented by region, generation plant fuel, and turbine size.

Lucintel discusses the challenges and opportunities faced by the global steam turbine market. The steam turbine market is affected by renewable sources of energy such as wind and solar power. The prices of other sources of energy such as natural gas are another factor affecting this market. The demand for steam turbines, however, will remain solid with emerging, large economies, such as India and China, generating high demand.

Lucintel's study encompasses the market’s major drivers. APAC accounts for the largest market share of steam turbines. North America and Europe represent larger markets than the Rest of the World market.

This report highlights the aspects of the global steam turbine market. Due diligence has been given to the current market scenario, as well as the technological and financial benefits of installing steam turbines in power generation plants globally. China has emerged as the leading player in the manufacturing and installation of steam turbines.

This unique report from Lucintel will provide you with valuable information, insights, and tools needed to identify new growth opportunities and operate your business successfully in this market. This report will save hundreds of hours of your own personal research time and will significantly benefit you in expanding your business in this market. In today’s stringent economy, you need every advantage that you can find.

Contents

1. EXECUTIVE SUMMARY

2. INDUSTRY BACKGROUND AND CHARACTERISTICS

2.1: An introduction to steam turbines
2.2: Key applications of steam turbine for power generation by plant fuel type

3. GLOBAL STEAM TURBINE CURRENT MARKET ANALYSIS – 2011

3.1: Global steam turbine market and installation analysis 2011
  3.1.1: Global steam turbine market and installation by region 2011
  3.1.2: Global steam turbine market and installation by plant fuel 2011
  3.1.3: Global steam turbine market and installation by turbine size 2011
3.2: Regional steam turbine market and installation 2011
  3.2.1: Regional steam turbine market and installation by plant fuel 2011
  3.2.2: Regional steam turbine market and installation by turbine size 2011
3.3: Global steam turbine market share 2011
3.4: Steam turbine manufacturers’ portfolio analysis

4. GLOBAL STEAM TURBINE MARKET TREND ANALYSIS 2006-2011

4.1: Global steam turbine market and installation trend analysis 2006-2011
  4.1.1: Global steam turbine market and installation trend by plant fuel
  4.1.2: Global steam turbine market and installation trend by turbine size
  4.1.3: Global steam turbine market and installation trend by region
4.2: North American steam turbine market and installation trend 2006-2011
  4.2.1: North American steam turbine market and installation trend by plant fuel
  4.2.2: North American steam turbine market and installation trend by turbine size
4.3: Europe Steam Turbine Market and Installation trend during 2006-2011
  4.3.1: Europe steam turbine market and installation trend by plant fuel
  4.3.2: Europe steam turbine market and installation trend by turbine size
4.4: APAC steam turbine market and installation trend 2006-2011
  4.4.1: APAC steam turbine market and installation trend by plant fuel
  4.4.2: APAC steam turbine market and installation trend by turbine size
4.5: ROW steam turbine market and installation trend 2006-2011
  4.5.1: ROW steam turbine market and installation trend by plant fuel
  4.5.2: ROW steam turbine market and installation trend by turbine size
4.6: Profitability trend in global steam turbine industry
4.7: Cost structure trend in global steam turbine industry

5. GLOBAL STEAM TURBINE MARKET FORECAST 2012-2017

5.1: Global steam turbine market and installation forecast 2012-2017
  5.1.1: Global steam turbine market and installation forecast by plant fuel
  5.1.2: Global steam turbine market and installation forecast by turbine size
  5.1.3: Global steam turbine market and installation forecast by region
5.2: North American steam turbine market and installation forecast 2012-2017
  5.2.1: North American steam turbine market and installation forecast by plant fuel
5.3: Europe steam turbine market and installation forecast 2012-2017
  5.3.1: Europe steam turbine market and installation forecast by plant fuel
  5.3.2: Europe steam turbine market and installation forecast by turbine size
5.4: APAC steam turbine market and installation forecast 2012-2017
  5.4.1: APAC steam turbine market and installation forecast by plant fuel
  5.4.2: APAC steam turbine market and installation forecast by turbine size
5.5: ROW steam turbine market and installation forecast 2012-2017
  5.5.1: ROW Steam turbine market and installation forecast by plant fuel
  5.5.2: ROW Steam turbine market and installation forecast by turbine size
5.6: Drivers and challenges for the steam turbine market
  5.6.1: Drivers for steam turbine market
  5.6.2: Challenges for steam turbine market

6. GROWTH OPPORTUNITIES AND EMERGING TRENDS IN GLOBAL STEAM TURBINE MARKET

6.1: Growth opportunities in steam turbine market
6.2: Emerging trends in steam turbine market

List Of Figures

LIST OF FIGURES

Chapter 1. Executive Summary
Figure 1.1: Porter’s Five Forces model for the steam turbine industry
Chapter 2. Industry Background and Characteristics
Figure 2.1: Overview of steam turbine power plant process
Figure 2.2: Steam turbine rotor
Figure 2.3: Steam turbine disc
Figure 2.4: Steam turbine blades
Figure 2.5: Steam turbine nozzle
Figure 2.6: Steam turbine bearing
Figure 2.7: Steam turbine couplings
Figure 2.8: Steam turbine seals
Figure 2.9: Steam turbine lubrication systems
Figure 2.10: Steam turbine casing
Figure 2.11: Steam turbine shaft
Figure 2.12: Steam chest in a steam turbine
Figure 2.13: Steam turbine governor or control valve
Figure: 2.14: Key applications of steam turbines by plant fuel type
Chapter 3. Global Steam Turbine Current Market Analysis – 2011
Figure 3.1: Steam turbine market by region 2011 ($B)
Figure 3.2: Steam turbine annual installation by region in 2011 (GW)
Figure 3.3: Global steam turbine market by plant fuel in 2011 ($B)
Figure 3.4: Global annual steam turbine installation by plant fuel in 2011 (GW)
Figure 3.5: Global steam turbine market by turbine size in 2011 ($B)
Figure 3.6: Global annual steam turbine installation by turbine size in 2011 (GW)
Figure 3.7: Regional steam turbine market by plant fuel in 2011 ($B)
Figure 3.8: Regional steam turbine installation by plant fuel in 2011 (GW)
Figure 3.9: Regional steam turbine market by turbine size in 2011 ($B)
Figure 3.10: Regional steam turbine annual installation by turbine size in 2011 (GW)
Figure 3.11: Global steam turbine market share for 2011 ($B)
Figure 3.12: Key regional markets for major steam turbine manufacturers
Figure 3.13: Portfolio analysis for major steam turbine manufacturers
Chapter 4. Global Steam Turbine Market Trend Analysis 2006-2011
Figure 4.1: Global steam turbine market trend 2006-2011 ($B)
Figure 4.2: Global steam turbine installation trend 2006-2011 (GW)
Figure 4.3: Global steam turbine market trend by plant fuel 2006-2011 ($B)
Figure 4.4: Global steam turbine installation trend by plant fuel 2006-2011 (GW)
Figure 4.5: Global steam turbine market trend by turbine size 2006-2011 ($B)
Figure 4.6: Annual global steam turbine installation trend by turbine size 2006-2011 (GW)
Figure 4.7: Global steam turbine market trend by region 2006-2011 ($B)
Figure 4.8: Global steam turbine annual installation trend by region 2006-2011 (GW)
Figure 4.9: North American steam turbine market trend 2006-2011 ($B)
Figure 4.10: North American steam turbine annual installation trend 2006-2011 (GW)
Figure 4.11: North American steam turbine market trend by plant fuel 2006-2011 ($B)
Figure 4.12: North American steam turbine annual installation trend by plant fuel 2006-2011 (GW)
Figure 4.13: North American steam turbine market trend by turbine size 2006-2011 ($B)
Figure 4.14: North American steam turbine annual installation by turbine size 2006-2011 (GW)
Figure 4.15: Europe Steam turbine market trend 2006-2011 ($B)
Figure 4.16: Europe Steam turbine annual installation trend 2006-2011 (GW)
Figure 4.17: Europe Steam turbine market trend by plant fuel 2006-2011 ($B)
Figure 4.18: Europe Steam turbine annual installation trend by plant fuel 2006-2011 (GW)
Figure 4.19: Europe steam turbine market trend by turbine size 2006-2011 ($B)
Figure 4.20: Europe steam turbine annual installation trend by turbine size 2006-2011 (GW)
Figure 4.21: APAC Steam turbine market trend 2006-2011 ($B)
Figure 4.22: APAC Steam turbine annual installation trend 2006-2011 (GW)
Figure 4.23: APAC Steam turbine market trend by plant fuel 2006-2011 ($B)
Figure 4.24: APAC Steam turbine annual installation by plant fuel 2006-2011 (GW)
Figure 4.25: APAC Steam turbine market trend by turbine size 2006-2011 ($B)
Figure 4.26: APAC Steam turbine annual installation trend by turbine size 2006-2011 (GW)
Figure 4.27: ROW Steam turbine market trend 2006-2011 ($B)
Figure 4.28: ROW Steam turbine annual installation trend 2006-2011 (GW)
Figure 4.29: ROW Steam turbine market trend by plant fuel 2006-2011 ($B)
Figure 4.30: ROW Steam turbine annual installation by plant fuel 2006-2011 (GW)
Figure 4.31: ROW Steam turbine market trend by turbine size 2006 -2011 ($B)
Figure 4.32: ROW Steam turbine annual installation by turbine size 2006-2011 (GW)
Figure 4.33: Global steam turbine industry profitability trend during 2006-2011 (%)
Figure 4.34: Cost structure trend for global steam turbine industry 2006-2011 (%)
Figure 4.35: Cost structure trend for North American steam turbine industry 2006-2011 (%)
Figure 4.36: Cost structure trend for Europe steam turbine industry 2006-2011 (%)
Figure 4.37: Cost structure trend for APAC steam turbine industry 2006-2011 (%)
Chapter 5. Global Steam Turbine Market Forecast 2012-2017
Figure 5.1: Global steam turbine market forecast 2012-2017 ($B)
Figure 5.2: Global annual steam turbine installation forecast 2012 -2017 (GW)
Figure 5.3: Global steam turbine market forecast by plant fuel 2012-2017 ($B)
Figure 5.4: Global steam turbine annual installation forecast by plant fuel 2012-2017 (GW)
Figure 5.5: Global steam turbine market forecast by turbine size 2012-2017 ($B)
Figure 5.6: Global steam turbine annual installation forecast by turbine size 2012-2017 (GW)
Figure 5.7: Global steam turbine market forecast by region 2012-2017 ($B)
Figure 5.8: Global steam turbine annual installation forecast by region 2012-2017 (GW)
Figure 5.9: North American steam turbine market forecast 2012-2017 ($B)
Figure 5.10: North American steam turbine annual installation forecast 2012-2017 (GW)
Figure 5.11: North American steam turbine market forecast by plant fuel 2012-2017 ($B)
Figure 5.12: North American steam turbine annual installation forecast by plant fuel 2012-2017 (GW)
Figure 5.13: North American steam turbine market forecast by turbine size 2012-2017 ($ billion)
Figure 5.14: North American steam turbine annual installation forecast by turbine size 2012-2017 (GW)
Figure 5.15: Europe steam turbine market forecast 2012-2017 ($B)
Figure 5.16: Europe steam turbine annual installation forecast 2012-2017 (GW)
Figure 5.17: Europe steam turbine market forecast by plant fuel 2012-2017 ($B)
Figure 5.18: Europe steam turbine annual installation forecast by plant fuel 2012-2017 (GW)
Figure 5.19: Europe steam turbine market forecast by turbine size 2012-2017 ($B)
Figure 5.20: Europe Steam turbine annual installation by turbine size 2012-2017 (GW)
Figure 5.21: APAC Steam turbine market forecast 2012-2017 ($B)
Figure 5.22: APAC Steam turbine annual installation forecast 2012-2017 (GW)
Figure 5.23: APAC Steam turbine market forecast by plant fuel 2012-2017 ($B)
Figure 5.24: APAC Steam turbine annual installation forecast by plant fuel 2012-2017 (GW)
Figure 5.25: APAC Steam turbine market forecast by turbine size 2012-2017 ($B)
Figure 5.26: APAC Steam turbine annual installation forecast by turbine size 2012-2017 (GW)
Figure 5.27: ROW Steam turbine market forecast 2012-2017 ($B)
Figure 5.28: ROW Steam turbine annual installation forecast 2012-2017 (GW)
Figure 5.29: ROW Steam turbine market forecast by plant fuel 2012-2017 ($B)
Figure 5.30: ROW Steam turbine annual installation forecast by plant fuel 2012-2017 (GW)
Figure 5.31: ROW Steam turbine market forecast by turbine size 2012-2017 ($B)
Figure 5.32: ROW Steam turbine annual installation forecast by turbine size 2012-2017 (GW)
Figure 5.33: Key drivers and challenges for steam turbine market
Chapter 6. Growth Opportunities and Emerging Trends in Global Steam Turbine Market
Figure 6.1: Growth opportunities matrix for steam turbine market by region in 2017
Figure 6.2: Growth opportunities matrix for steam turbine market by plant fuel in 2017
Figure 6.3: Growth opportunities matrix for steam turbine market by turbine size in 2017
Figure 6.4: Emerging trends in steam turbine market

List Of Tables

LIST OF TABLES

Chapter 1. Executive Summary
Table 1.1: Global steam turbine market parameters and attributes

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