The global Steam Turbine-Driven Generator market size was valued at US$ 12570 million in 2024 and is forecast to a readjusted size of USD 17690 million by 2031 with a CAGR of 4.6% during review period.
A Steam Turbine-Driven Generator is a device that converts thermal energy from steam into mechanical energy through a steam turbine and subsequently transforms this mechanical energy into electrical energy using an electrical generator. It is a key component in power generation systems, commonly found in thermal power plants, nuclear power plants, and renewable geothermal plants.
The global market for steam turbine-driven generators is experiencing steady growth, driven by the increasing demand for electricity, industrial expansion, and the transition toward low-carbon energy systems. Thermal and nuclear power plants remain the dominant application areas, but the market is also expanding into renewable energy sectors such as biomass and geothermal.
Key 麻豆原创 Drivers
Growing Energy Demand: Rapid urbanization and industrialization are increasing global electricity consumption. Technological Advancements: Improved turbine and generator efficiencies enhance energy output and reliability. Shift Toward Cleaner Energy: Integration of steam turbines in renewable energy plants like geothermal and biomass facilities supports market growth. Infrastructure Upgrades: Retrofitting older power plants with modern turbine-generator systems to meet efficiency and environmental standards.
麻豆原创 Challenges
High Initial Costs: The capital-intensive nature of steam turbine-driven generator systems limits adoption in smaller facilities. Competition from Alternative Technologies: The rise of renewable sources like wind and solar poses competition. Stringent Emission Regulations: Adherence to environmental standards can increase operational costs.
麻豆原创 Opportunities
Expansion in Developing Countries: Growing energy demand in Asia, Africa, and South America drives new installations. Hybrid Systems: Integration of steam turbines with renewable systems like concentrated solar power (CSP) offers growth potential. Energy Storage Integration: Development of combined systems with advanced storage technologies enhances grid stability.
This report is a detailed and comprehensive analysis for global Steam Turbine-Driven Generator market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Steam Turbine-Driven Generator market size and forecasts, in consumption value ($ Million), sales quantity (Units), and average selling prices (K USD/Unit), 2020-2031
Global Steam Turbine-Driven Generator market size and forecasts by region and country, in consumption value ($ Million), sales quantity (Units), and average selling prices (K USD/Unit), 2020-2031
Global Steam Turbine-Driven Generator market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (Units), and average selling prices (K USD/Unit), 2020-2031
Global Steam Turbine-Driven Generator market shares of main players, shipments in revenue ($ Million), sales quantity (Units), and ASP (K USD/Unit), 2020-2025
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Steam Turbine-Driven Generator
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Steam Turbine-Driven Generator market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include GE, Elliott Group, Siemens, Mitsubishi Power, Harbin Electric, Toshiba America Energy Systems, Dresser-Rand, Shanghai Electric, Beijing BEIZHONG Turbo Generator, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
麻豆原创 Segmentation
Steam Turbine-Driven Generator market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
麻豆原创 segment by Type
Above 300 MW
Below 300 MW
麻豆原创 segment by Application
Power Generation
Industrial
Others
Major players covered
GE
Elliott Group
Siemens
Mitsubishi Power
Harbin Electric
Toshiba America Energy Systems
Dresser-Rand
Shanghai Electric
Beijing BEIZHONG Turbo Generator
麻豆原创 segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Steam Turbine-Driven Generator product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Steam Turbine-Driven Generator, with price, sales quantity, revenue, and global market share of Steam Turbine-Driven Generator from 2020 to 2025.
Chapter 3, the Steam Turbine-Driven Generator competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Steam Turbine-Driven Generator breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and Steam Turbine-Driven Generator market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Steam Turbine-Driven Generator.
Chapter 14 and 15, to describe Steam Turbine-Driven Generator sales channel, distributors, customers, research findings and conclusion.
Please Note - This is an on demand report and will be delivered in 2 business days (48 Hours) post payment.
1 麻豆原创 Overview
1.1 Product Overview and Scope
1.2 麻豆原创 Estimation Caveats and Base Year
1.3 麻豆原创 Analysis by Type
1.3.1 Overview: Global Steam Turbine-Driven Generator Consumption Value by Type: 2020 Versus 2024 Versus 2031
1.3.2 Above 300 MW
1.3.3 Below 300 MW
1.4 麻豆原创 Analysis by Application
1.4.1 Overview: Global Steam Turbine-Driven Generator Consumption Value by Application: 2020 Versus 2024 Versus 2031
1.4.2 Power Generation
1.4.3 Industrial
1.4.4 Others
1.5 Global Steam Turbine-Driven Generator 麻豆原创 Size & Forecast
1.5.1 Global Steam Turbine-Driven Generator Consumption Value (2020 & 2024 & 2031)
1.5.2 Global Steam Turbine-Driven Generator Sales Quantity (2020-2031)
1.5.3 Global Steam Turbine-Driven Generator Average Price (2020-2031)
2 Manufacturers Profiles
2.1 GE
2.1.1 GE Details
2.1.2 GE Major Business
2.1.3 GE Steam Turbine-Driven Generator Product and Services
2.1.4 GE Steam Turbine-Driven Generator Sales Quantity, Average Price, Revenue, Gross Margin and 麻豆原创 Share (2020-2025)
2.1.5 GE Recent Developments/Updates
2.2 Elliott Group
2.2.1 Elliott Group Details
2.2.2 Elliott Group Major Business
2.2.3 Elliott Group Steam Turbine-Driven Generator Product and Services
2.2.4 Elliott Group Steam Turbine-Driven Generator Sales Quantity, Average Price, Revenue, Gross Margin and 麻豆原创 Share (2020-2025)
2.2.5 Elliott Group Recent Developments/Updates
2.3 Siemens
2.3.1 Siemens Details
2.3.2 Siemens Major Business
2.3.3 Siemens Steam Turbine-Driven Generator Product and Services
2.3.4 Siemens Steam Turbine-Driven Generator Sales Quantity, Average Price, Revenue, Gross Margin and 麻豆原创 Share (2020-2025)
2.3.5 Siemens Recent Developments/Updates
2.4 Mitsubishi Power
2.4.1 Mitsubishi Power Details
2.4.2 Mitsubishi Power Major Business
2.4.3 Mitsubishi Power Steam Turbine-Driven Generator Product and Services
2.4.4 Mitsubishi Power Steam Turbine-Driven Generator Sales Quantity, Average Price, Revenue, Gross Margin and 麻豆原创 Share (2020-2025)
2.4.5 Mitsubishi Power Recent Developments/Updates
2.5 Harbin Electric
2.5.1 Harbin Electric Details
2.5.2 Harbin Electric Major Business
2.5.3 Harbin Electric Steam Turbine-Driven Generator Product and Services
2.5.4 Harbin Electric Steam Turbine-Driven Generator Sales Quantity, Average Price, Revenue, Gross Margin and 麻豆原创 Share (2020-2025)
2.5.5 Harbin Electric Recent Developments/Updates
2.6 Toshiba America Energy Systems
2.6.1 Toshiba America Energy Systems Details
2.6.2 Toshiba America Energy Systems Major Business
2.6.3 Toshiba America Energy Systems Steam Turbine-Driven Generator Product and Services
2.6.4 Toshiba America Energy Systems Steam Turbine-Driven Generator Sales Quantity, Average Price, Revenue, Gross Margin and 麻豆原创 Share (2020-2025)
2.6.5 Toshiba America Energy Systems Recent Developments/Updates
2.7 Dresser-Rand
2.7.1 Dresser-Rand Details
2.7.2 Dresser-Rand Major Business
2.7.3 Dresser-Rand Steam Turbine-Driven Generator Product and Services
2.7.4 Dresser-Rand Steam Turbine-Driven Generator Sales Quantity, Average Price, Revenue, Gross Margin and 麻豆原创 Share (2020-2025)
2.7.5 Dresser-Rand Recent Developments/Updates
2.8 Shanghai Electric
2.8.1 Shanghai Electric Details
2.8.2 Shanghai Electric Major Business
2.8.3 Shanghai Electric Steam Turbine-Driven Generator Product and Services
2.8.4 Shanghai Electric Steam Turbine-Driven Generator Sales Quantity, Average Price, Revenue, Gross Margin and 麻豆原创 Share (2020-2025)
2.8.5 Shanghai Electric Recent Developments/Updates
2.9 Beijing BEIZHONG Turbo Generator
2.9.1 Beijing BEIZHONG Turbo Generator Details
2.9.2 Beijing BEIZHONG Turbo Generator Major Business
2.9.3 Beijing BEIZHONG Turbo Generator Steam Turbine-Driven Generator Product and Services
2.9.4 Beijing BEIZHONG Turbo Generator Steam Turbine-Driven Generator Sales Quantity, Average Price, Revenue, Gross Margin and 麻豆原创 Share (2020-2025)
2.9.5 Beijing BEIZHONG Turbo Generator Recent Developments/Updates
3 Competitive Environment: Steam Turbine-Driven Generator by Manufacturer
3.1 Global Steam Turbine-Driven Generator Sales Quantity by Manufacturer (2020-2025)
3.2 Global Steam Turbine-Driven Generator Revenue by Manufacturer (2020-2025)
3.3 Global Steam Turbine-Driven Generator Average Price by Manufacturer (2020-2025)
3.4 麻豆原创 Share Analysis (2024)
3.4.1 Producer Shipments of Steam Turbine-Driven Generator by Manufacturer Revenue ($MM) and 麻豆原创 Share (%): 2024
3.4.2 Top 3 Steam Turbine-Driven Generator Manufacturer 麻豆原创 Share in 2024
3.4.3 Top 6 Steam Turbine-Driven Generator Manufacturer 麻豆原创 Share in 2024
3.5 Steam Turbine-Driven Generator 麻豆原创: Overall Company Footprint Analysis
3.5.1 Steam Turbine-Driven Generator 麻豆原创: Region Footprint
3.5.2 Steam Turbine-Driven Generator 麻豆原创: Company Product Type Footprint
3.5.3 Steam Turbine-Driven Generator 麻豆原创: Company Product Application Footprint
3.6 New 麻豆原创 Entrants and Barriers to 麻豆原创 Entry
3.7 Mergers, Acquisition, Agreements, and Collaborations
4 Consumption Analysis by Region
4.1 Global Steam Turbine-Driven Generator 麻豆原创 Size by Region
4.1.1 Global Steam Turbine-Driven Generator Sales Quantity by Region (2020-2031)
4.1.2 Global Steam Turbine-Driven Generator Consumption Value by Region (2020-2031)
4.1.3 Global Steam Turbine-Driven Generator Average Price by Region (2020-2031)
4.2 North America Steam Turbine-Driven Generator Consumption Value (2020-2031)
4.3 Europe Steam Turbine-Driven Generator Consumption Value (2020-2031)
4.4 Asia-Pacific Steam Turbine-Driven Generator Consumption Value (2020-2031)
4.5 South America Steam Turbine-Driven Generator Consumption Value (2020-2031)
4.6 Middle East & Africa Steam Turbine-Driven Generator Consumption Value (2020-2031)
5 麻豆原创 Segment by Type
5.1 Global Steam Turbine-Driven Generator Sales Quantity by Type (2020-2031)
5.2 Global Steam Turbine-Driven Generator Consumption Value by Type (2020-2031)
5.3 Global Steam Turbine-Driven Generator Average Price by Type (2020-2031)
6 麻豆原创 Segment by Application
6.1 Global Steam Turbine-Driven Generator Sales Quantity by Application (2020-2031)
6.2 Global Steam Turbine-Driven Generator Consumption Value by Application (2020-2031)
6.3 Global Steam Turbine-Driven Generator Average Price by Application (2020-2031)
7 North America
7.1 North America Steam Turbine-Driven Generator Sales Quantity by Type (2020-2031)
7.2 North America Steam Turbine-Driven Generator Sales Quantity by Application (2020-2031)
7.3 North America Steam Turbine-Driven Generator 麻豆原创 Size by Country
7.3.1 North America Steam Turbine-Driven Generator Sales Quantity by Country (2020-2031)
7.3.2 North America Steam Turbine-Driven Generator Consumption Value by Country (2020-2031)
7.3.3 United States 麻豆原创 Size and Forecast (2020-2031)
7.3.4 Canada 麻豆原创 Size and Forecast (2020-2031)
7.3.5 Mexico 麻豆原创 Size and Forecast (2020-2031)
8 Europe
8.1 Europe Steam Turbine-Driven Generator Sales Quantity by Type (2020-2031)
8.2 Europe Steam Turbine-Driven Generator Sales Quantity by Application (2020-2031)
8.3 Europe Steam Turbine-Driven Generator 麻豆原创 Size by Country
8.3.1 Europe Steam Turbine-Driven Generator Sales Quantity by Country (2020-2031)
8.3.2 Europe Steam Turbine-Driven Generator Consumption Value by Country (2020-2031)
8.3.3 Germany 麻豆原创 Size and Forecast (2020-2031)
8.3.4 France 麻豆原创 Size and Forecast (2020-2031)
8.3.5 United Kingdom 麻豆原创 Size and Forecast (2020-2031)
8.3.6 Russia 麻豆原创 Size and Forecast (2020-2031)
8.3.7 Italy 麻豆原创 Size and Forecast (2020-2031)
9 Asia-Pacific
9.1 Asia-Pacific Steam Turbine-Driven Generator Sales Quantity by Type (2020-2031)
9.2 Asia-Pacific Steam Turbine-Driven Generator Sales Quantity by Application (2020-2031)
9.3 Asia-Pacific Steam Turbine-Driven Generator 麻豆原创 Size by Region
9.3.1 Asia-Pacific Steam Turbine-Driven Generator Sales Quantity by Region (2020-2031)
9.3.2 Asia-Pacific Steam Turbine-Driven Generator Consumption Value by Region (2020-2031)
9.3.3 China 麻豆原创 Size and Forecast (2020-2031)
9.3.4 Japan 麻豆原创 Size and Forecast (2020-2031)
9.3.5 South Korea 麻豆原创 Size and Forecast (2020-2031)
9.3.6 India 麻豆原创 Size and Forecast (2020-2031)
9.3.7 Southeast Asia 麻豆原创 Size and Forecast (2020-2031)
9.3.8 Australia 麻豆原创 Size and Forecast (2020-2031)
10 South America
10.1 South America Steam Turbine-Driven Generator Sales Quantity by Type (2020-2031)
10.2 South America Steam Turbine-Driven Generator Sales Quantity by Application (2020-2031)
10.3 South America Steam Turbine-Driven Generator 麻豆原创 Size by Country
10.3.1 South America Steam Turbine-Driven Generator Sales Quantity by Country (2020-2031)
10.3.2 South America Steam Turbine-Driven Generator Consumption Value by Country (2020-2031)
10.3.3 Brazil 麻豆原创 Size and Forecast (2020-2031)
10.3.4 Argentina 麻豆原创 Size and Forecast (2020-2031)
11 Middle East & Africa
11.1 Middle East & Africa Steam Turbine-Driven Generator Sales Quantity by Type (2020-2031)
11.2 Middle East & Africa Steam Turbine-Driven Generator Sales Quantity by Application (2020-2031)
11.3 Middle East & Africa Steam Turbine-Driven Generator 麻豆原创 Size by Country
11.3.1 Middle East & Africa Steam Turbine-Driven Generator Sales Quantity by Country (2020-2031)
11.3.2 Middle East & Africa Steam Turbine-Driven Generator Consumption Value by Country (2020-2031)
11.3.3 Turkey 麻豆原创 Size and Forecast (2020-2031)
11.3.4 Egypt 麻豆原创 Size and Forecast (2020-2031)
11.3.5 Saudi Arabia 麻豆原创 Size and Forecast (2020-2031)
11.3.6 South Africa 麻豆原创 Size and Forecast (2020-2031)
12 麻豆原创 Dynamics
12.1 Steam Turbine-Driven Generator 麻豆原创 Drivers
12.2 Steam Turbine-Driven Generator 麻豆原创 Restraints
12.3 Steam Turbine-Driven Generator Trends Analysis
12.4 Porters Five Forces Analysis
12.4.1 Threat of New Entrants
12.4.2 Bargaining Power of Suppliers
12.4.3 Bargaining Power of Buyers
12.4.4 Threat of Substitutes
12.4.5 Competitive Rivalry
13 Raw Material and Industry Chain
13.1 Raw Material of Steam Turbine-Driven Generator and Key Manufacturers
13.2 Manufacturing Costs Percentage of Steam Turbine-Driven Generator
13.3 Steam Turbine-Driven Generator Production Process
13.4 Industry Value Chain Analysis
14 Shipments by Distribution Channel
14.1 Sales Channel
14.1.1 Direct to End-User
14.1.2 Distributors
14.2 Steam Turbine-Driven Generator Typical Distributors
14.3 Steam Turbine-Driven Generator Typical Customers
15 Research Findings and Conclusion
16 Appendix
16.1 Methodology
16.2 Research Process and Data Source
16.3 Disclaimer
GE
Elliott Group
Siemens
Mitsubishi Power
Harbin Electric
Toshiba America Energy Systems
Dresser-Rand
Shanghai Electric
Beijing BEIZHONG Turbo Generator
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*If Applicable.
