2023-2029 Global High Efficiency Steam Turbine Industry Research & Trends Analysis Report
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According to the latest research analysis,the global market for High Efficiency Steam Turbine should grow from US$ million in 2022 to US$ million by 2029, with a CAGR of % for the period of 2023-2029.
China High Efficiency Steam Turbine market should grow from US$ million in 2022 to US$ million by 2029, with a CAGR of % for the period of 2023-2029.
The United States High Efficiency Steam Turbine market should grow from US$ million in 2022 to US$ million by 2029, with a CAGR of % for the period of 2023-2029.
In terms of type, 60Hz segment holds a share about % in 2022 and will reach % in 2029; while in terms of application, Mechanical Drive has a share approximately % in 2022 and will grow at a CAGR % during 2023 and 2029.
The global key manufacturers of High Efficiency Steam Turbine include Nanjing Turbine & Electric Machinery (Group) Co., Lt, Soar Power Group, GE, Siemens, Beijing full Three Dimension Energy Technology Co.,ltd., ANDRITZ, Shaanxi Blower (Group) Co., Ltd., OPRA and Shanghai Electric Group Co., Ltd., etc. In 2022, the global top five players hold a share approximately % in terms of revenue.
This report aims to provide a comprehensive study of the global market for High Efficiency Steam Turbine.
Data-Driven Insights: Highlights from Our Report
(1) Global High Efficiency Steam Turbine market size (sales volume & revenue), history data from 2018-2022 and forecast data from 2023 to 2029.
(2) Global High Efficiency Steam Turbine market competitive situation, sales, revenue, price and market share, from 2018 to 2022.
(3) China High Efficiency Steam Turbine market competitive situation, sales, revenue, price and market share, from 2018 to 2022.
(4) Global High Efficiency Steam Turbine segment by region (or country), key regions cover the United States, Europe, Japan, South Korea, Southeast Asia and India, etc.
(5) Global High Efficiency Steam Turbine segment by type and by application and regional segment by type and by application.
(6) Global major production regions of High Efficiency Steam Turbine, capacity, production and trends.
(7) High Efficiency Steam Turbine industry supply chain, upstream, midstream and downstream analysis.
Breaking Down Market Segments by Region: A Deep Dive Analysis
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia, Italy and Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Australia and Rest of Asia-Pacific)
South America (Brazil, Rest of South America)
Middle East & Africa
Understanding Market Segments by Type: A Comparative Analysis
60Hz
50Hz
Market Segmentation by Application: Dividing Key Markets and Identifying Opportunities
Mechanical Drive
Energy Recovery
Generate Electricity
Pump
Understanding Market Segments by Key Players: Insights and Opportunities
Nanjing Turbine & Electric Machinery (Group) Co., Lt
Soar Power Group
GE
Siemens
Beijing full Three Dimension Energy Technology Co.,ltd.
ANDRITZ
Shaanxi Blower (Group) Co., Ltd.
OPRA
Shanghai Electric Group Co., Ltd.
1 Market Overview
1.1 High Efficiency Steam Turbine Definition
1.2 Global High Efficiency Steam Turbine Market Size and Forecast
1.2.1 By Revenue, Global High Efficiency Steam Turbine Market Size, 2018-2029
1.2.2 By Sales Volume, Global High Efficiency Steam Turbine Market Size, 2018-2029
1.2.3 Global High Efficiency Steam Turbine Price Trend, 2018-2029
1.3 China High Efficiency Steam Turbine Market Size and Forecast
1.3.1 By Revenue, China High Efficiency Steam Turbine Market Size, 2018-2029
1.3.2 By Sales Volume, China High Efficiency Steam Turbine Market Size, 2018-2029
1.3.3 China High Efficiency Steam Turbine Price Trend, 2018-2029
1.4 China Percentage in Global Market
1.4.1 By Revenue, China High Efficiency Steam Turbine Share in Global Market, 2018-2029
1.4.2 By Sales Volume, China High Efficiency Steam Turbine Share in Global Market, 2018-2029
1.4.3 High Efficiency Steam Turbine Market Size: China VS Global, 2018-2029
1.5 High Efficiency Steam Turbine Market Dynamics
1.5.1 High Efficiency Steam Turbine Market Drivers
1.5.2 High Efficiency Steam Turbine Market Restraints
1.5.3 High Efficiency Steam Turbine Industry Trends
1.5.4 High Efficiency Steam Turbine Industry Policy
2 Global Competitive Landscape by Company
2.1 Global High Efficiency Steam Turbine Revenue by Company, 2018-2023
2.2 Global High Efficiency Steam Turbine Sales Volume by Company, 2018-2023
2.3 Global High Efficiency Steam Turbine Price by Company, 2018-2023
2.4 Global High Efficiency Steam Turbine Participants, Market Position (Tier 1, Tier 2 and Tier 3)
2.5 Global High Efficiency Steam Turbine Concentration Ratio
2.6 Global High Efficiency Steam Turbine Mergers & Acquisitions, Expansion Plans
2.7 Global High Efficiency Steam Turbine Manufacturers Product Type
3 China Competitive Landscape by Company
3.1 China High Efficiency Steam Turbine Revenue by Company, 2018-2023
3.2 China High Efficiency Steam Turbine Sales Volume by Company, 2018-2023
3.3 China High Efficiency Steam Turbine High Efficiency Steam Turbine Participants, Market Position (Tier 1, Tier 2 and Tier 3)
3.4 China High Efficiency Steam Turbine Market, Sales Percentage of Local Players VS Foreign Players (2018-2023)
3.5 Chinese Local Players, High Efficiency Steam Turbine Domestic VS Export
3.6 China Market, High Efficiency Steam Turbine Import & Export
3.6.1 China Market, High Efficiency Steam Turbine Import & Export, 2018-2029
3.6.2 China High Efficiency Steam Turbine Import & Export Trends
3.6.3 Main Sources of China High Efficiency Steam Turbine Import
3.6.4 Export Destination of China High Efficiency Steam Turbine
4 High Efficiency Steam Turbine Production by Region
4.1 Global High Efficiency Steam Turbine Capacity, Production and Capacity Utilization, 2018-2029
4.2 Global Geographic Distribution of High Efficiency Steam Turbine Manufacturers
4.3 Global Major Manufacturers, High Efficiency Steam Turbine Capacity Expansion and Future Plans
4.4 Global High Efficiency Steam Turbine Capacity by Region
4.5 Global High Efficiency Steam Turbine Production by Region
4.5.1 Global High Efficiency Steam Turbine Production & Forecast by Region, 2018 VS 2022 VS 2029
4.5.2 Global High Efficiency Steam Turbine Production by Region, 2018-2023
4.5.3 Global High Efficiency Steam Turbine Production Market Share & Forecast by Region, 2018-2029
5 Industry Chain Analysis
5.1 High Efficiency Steam Turbine Industry Chain
5.2 High Efficiency Steam Turbine Upstream Analysis
5.2.1 High Efficiency Steam Turbine Core Raw Materials
5.2.2 Main Manufacturers of High Efficiency Steam Turbine Core Raw Materials
5.3 Midstream Analysis
5.4 Downstream Analysis
5.5 High Efficiency Steam Turbine Production Mode
5.6 High Efficiency Steam Turbine Procurement Model
5.7 High Efficiency Steam Turbine Industry Sales Model and Sales Channels
5.7.1 High Efficiency Steam Turbine Sales Model
5.7.2 High Efficiency Steam Turbine Typical Distributors
6 Sights by Type
6.1 High Efficiency Steam Turbine Classification
6.1.1 60Hz
6.1.2 50Hz
6.2 By Type, Global High Efficiency Steam Turbine Market Size & CAGR, 2018 VS 2022 VS 2029
6.3 By Type, Global High Efficiency Steam Turbine Revenue, 2018-2029
6.4 By Type, Global High Efficiency Steam Turbine Sales Volume, 2018-2029
6.5 By Type, Global High Efficiency Steam Turbine Price, 2018-2029
7 Sights by Application
7.1 High Efficiency Steam Turbine Segment by Application
7.1.1 Mechanical Drive
7.1.2 Energy Recovery
7.1.3 Generate Electricity
7.1.4 Pump
7.2 By Application, Global High Efficiency Steam Turbine Market Size & CAGR, 2018 VS 2022 VS 2029
7.3 By Application, Global High Efficiency Steam Turbine Revenue, 2018-2029
7.4 By Application, Global High Efficiency Steam Turbine Sales Volume, 2018-2029
7.5 By Application, Global High Efficiency Steam Turbine Price, 2018-2029
8 Sales Sights by Region
8.1 By Region, Global High Efficiency Steam Turbine Market Size, 2018 VS 2022 VS 2029
8.2 By Region, Global High Efficiency Steam Turbine Revenue, 2018-2029
8.3 By Region, Global High Efficiency Steam Turbine Sales Volume, 2018-2029
8.4 North America
8.4.1 North America High Efficiency Steam Turbine Market Size & Forecasts, 2018-2029
8.4.2 By Country, North America High Efficiency Steam Turbine Market Size Market Share
8.5 Europe
8.5.1 Europe High Efficiency Steam Turbine Market Size & Forecasts, 2018-2029
8.5.2 By Country, Europe High Efficiency Steam Turbine Market Size Market Share
8.6 Asia Pacific
8.6.1 Asia Pacific High Efficiency Steam Turbine Market Size & Forecasts, 2018-2029
8.6.2 By Country/Region, Asia Pacific High Efficiency Steam Turbine Market Size Market Share
8.7 South America
8.7.1 South America High Efficiency Steam Turbine Market Size & Forecasts, 2018-2029
8.7.2 By Country, South America High Efficiency Steam Turbine Market Size Market Share
8.8 Middle East & Africa
9 Sales Sights by Country Level
9.1 By Country, Global High Efficiency Steam Turbine Market Size & CAGR，2018 VS 2022 VS 2029
9.2 By Country, Global High Efficiency Steam Turbine Revenue, 2018-2029
9.3 By Country, Global High Efficiency Steam Turbine Sales Volume, 2018-2029
9.4 U.S.
9.4.1 U.S. High Efficiency Steam Turbine Market Size, 2018-2029
9.4.2 By Company, U.S. High Efficiency Steam Turbine Sales Volume Market Share, 2022
9.4.3 By Type, U.S. High Efficiency Steam Turbine Market Size, Share, 2022 VS 2029
9.4.4 By Application, U.S. High Efficiency Steam Turbine Market Size, Share, 2022 VS 2029
9.5 Europe
9.5.1 Europe High Efficiency Steam Turbine Market Size, 2018-2029
9.5.2 By Company, Europe High Efficiency Steam Turbine Sales Volume Market Share, 2022
9.5.3 By Type, Europe High Efficiency Steam Turbine Market Size, Share, 2022 VS 2029
9.5.4 By Application, Europe High Efficiency Steam Turbine Market Size, Share, 2022 VS 2029
9.6 China
9.6.1 China High Efficiency Steam Turbine Market Size, 2018-2029
9.6.2 By Company, China High Efficiency Steam Turbine Sales Volume Market Share, 2022
9.6.3 By Type, China High Efficiency Steam Turbine Market Size, Share, 2022 VS 2029
9.6.4 By Application, China High Efficiency Steam Turbine Market Size, Share, 2022 VS 2029
9.7 Japan
9.7.1 Japan High Efficiency Steam Turbine Market Size, 2018-2029
9.7.2 By Company, Japan High Efficiency Steam Turbine Sales Volume Market Share, 2022
9.7.3 By Type, Japan High Efficiency Steam Turbine Market Size, Share, 2022 VS 2029
9.7.4 By Application, Japan High Efficiency Steam Turbine Market Size, Share, 2022 VS 2029
9.8 South Korea
9.8.1 South Korea High Efficiency Steam Turbine Market Size, 2018-2029
9.8.2 By Company, South Korea High Efficiency Steam Turbine Sales Volume Market Share, 2022
9.8.3 By Type, South Korea High Efficiency Steam Turbine Market Size, Share, 2022 VS 2029
9.8.4 By Application, South Korea High Efficiency Steam Turbine Market Size, Share, 2022 VS 2029
9.9 Southeast Asia
9.9.1 Southeast Asia High Efficiency Steam Turbine Market Size, 2018-2029
9.9.2 By Company, Southeast Asia High Efficiency Steam Turbine Sales Volume Market Share, 2022
9.9.3 By Type, Southeast Asia High Efficiency Steam Turbine Market Size, Share, 2022 VS 2029
9.9.4 By Application, Southeast Asia High Efficiency Steam Turbine Market Size, Share, 2022 VS 2029
9.10 India
9.10.1 India High Efficiency Steam Turbine Market Size, 2018-2029
9.10.2 By Company, India High Efficiency Steam Turbine Sales Volume Market Share, 2022
9.10.3 By Type, India High Efficiency Steam Turbine Market Size, Share, 2022 VS 2029
9.10.4 By Application, India High Efficiency Steam Turbine Market Size, Share, 2022 VS 2029
9.11 Middle East & Asia
9.11.1 Middle East & Asia High Efficiency Steam Turbine Market Size, 2018-2029
9.11.2 By Company, Middle East & Asia High Efficiency Steam Turbine Sales Volume Market Share, 2022
9.11.3 By Type, Middle East & Asia High Efficiency Steam Turbine Market Size, Share, 2022 VS 2029
9.11.4 By Application, Middle East & Asia High Efficiency Steam Turbine Market Size, Share, 2022 VS 2029
10 Manufacturers Profile
10.1 Nanjing Turbine & Electric Machinery (Group) Co., Lt
10.1.1 Nanjing Turbine & Electric Machinery (Group) Co., Lt Company Information, Head Office, Market Area and Industry Position
10.1.2 Nanjing Turbine & Electric Machinery (Group) Co., Lt High Efficiency Steam Turbine Models, Specifications and Application
10.1.3 Nanjing Turbine & Electric Machinery (Group) Co., Lt High Efficiency Steam Turbine Sales Volume, Revenue, Price and Gross Margin, 2018-2023
10.1.4 Nanjing Turbine & Electric Machinery (Group) Co., Lt Company Profile and Main Business
10.1.5 Nanjing Turbine & Electric Machinery (Group) Co., Lt Recent Developments
10.2 Soar Power Group
10.2.1 Soar Power Group Company Information, Head Office, Market Area and Industry Position
10.2.2 Soar Power Group High Efficiency Steam Turbine Models, Specifications and Application
10.2.3 Soar Power Group High Efficiency Steam Turbine Sales Volume, Revenue, Price and Gross Margin, 2018-2023
10.2.4 Soar Power Group Company Profile and Main Business
10.2.5 Soar Power Group Recent Developments
10.3 GE
10.3.1 GE Company Information, Head Office, Market Area and Industry Position
10.3.2 GE High Efficiency Steam Turbine Models, Specifications and Application
10.3.3 GE High Efficiency Steam Turbine Sales Volume, Revenue, Price and Gross Margin, 2018-2023
10.3.4 GE Company Profile and Main Business
10.3.5 GE Recent Developments
10.4 Siemens
10.4.1 Siemens Company Information, Head Office, Market Area and Industry Position
10.4.2 Siemens High Efficiency Steam Turbine Models, Specifications and Application
10.4.3 Siemens High Efficiency Steam Turbine Sales Volume, Revenue, Price and Gross Margin, 2018-2023
10.4.4 Siemens Company Profile and Main Business
10.4.5 Siemens Recent Developments
10.5 Beijing full Three Dimension Energy Technology Co.,ltd.
10.5.1 Beijing full Three Dimension Energy Technology Co.,ltd. Company Information, Head Office, Market Area and Industry Position
10.5.2 Beijing full Three Dimension Energy Technology Co.,ltd. High Efficiency Steam Turbine Models, Specifications and Application
10.5.3 Beijing full Three Dimension Energy Technology Co.,ltd. High Efficiency Steam Turbine Sales Volume, Revenue, Price and Gross Margin, 2018-2023
10.5.4 Beijing full Three Dimension Energy Technology Co.,ltd. Company Profile and Main Business
10.5.5 Beijing full Three Dimension Energy Technology Co.,ltd. Recent Developments
10.6 ANDRITZ
10.6.1 ANDRITZ Company Information, Head Office, Market Area and Industry Position
10.6.2 ANDRITZ High Efficiency Steam Turbine Models, Specifications and Application
10.6.3 ANDRITZ High Efficiency Steam Turbine Sales Volume, Revenue, Price and Gross Margin, 2018-2023
10.6.4 ANDRITZ Company Profile and Main Business
10.6.5 ANDRITZ Recent Developments
10.7 Shaanxi Blower (Group) Co., Ltd.
10.7.1 Shaanxi Blower (Group) Co., Ltd. Company Information, Head Office, Market Area and Industry Position
10.7.2 Shaanxi Blower (Group) Co., Ltd. High Efficiency Steam Turbine Models, Specifications and Application
10.7.3 Shaanxi Blower (Group) Co., Ltd. High Efficiency Steam Turbine Sales Volume, Revenue, Price and Gross Margin, 2018-2023
10.7.4 Shaanxi Blower (Group) Co., Ltd. Company Profile and Main Business
10.7.5 Shaanxi Blower (Group) Co., Ltd. Recent Developments
10.8 OPRA
10.8.1 OPRA Company Information, Head Office, Market Area and Industry Position
10.8.2 OPRA High Efficiency Steam Turbine Models, Specifications and Application
10.8.3 OPRA High Efficiency Steam Turbine Sales Volume, Revenue, Price and Gross Margin, 2018-2023
10.8.4 OPRA Company Profile and Main Business
10.8.5 OPRA Recent Developments
10.9 Shanghai Electric Group Co., Ltd.
10.9.1 Shanghai Electric Group Co., Ltd. Company Information, Head Office, Market Area and Industry Position
10.9.2 Shanghai Electric Group Co., Ltd. High Efficiency Steam Turbine Models, Specifications and Application
10.9.3 Shanghai Electric Group Co., Ltd. High Efficiency Steam Turbine Sales Volume, Revenue, Price and Gross Margin, 2018-2023
10.9.4 Shanghai Electric Group Co., Ltd. Company Profile and Main Business
10.9.5 Shanghai Electric Group Co., Ltd. Recent Developments
11 Conclusion
12 Appendix
12.1 Research Methodology
12.2 Data Source
12.2.1 Secondary Sources
12.2.2 Primary Sources
12.3 Market Estimation Model
12.4 Disclaimer
Research Methodology:
Global High Efficiency Steam Turbine Market Size Estimation
To estimate market size and trends, we use a combination of top-down and bottom-up methods. This allows us to evaluate the market from various perspectives—by company, region, product type, and end users.
Our estimates are based on actual sales data, excluding any discounts. Segment breakdowns and market shares are calculated using weighted averages based on usage rates and average prices. Regional insights are determined by how widely a product or service is adopted in each area.
Key companies are identified through secondary sources like industry reports and company filings. We then verify revenue estimates and other key data points through primary research, including interviews with industry experts, company executives, and decision-makers.
We take into account all relevant factors that could influence the market and validate our findings with real-world input. Our final insights combine both qualitative and quantitative data to provide a well-rounded view. Please note, these estimates do not account for unexpected changes such as inflation, economic downturns, or policy shifts.
Data Source
Secondary Sources
This study draws on a wide range of secondary sources, including press releases, annual reports, non-profit organizations, industry associations, government agencies, and customs data. We also referred to reputable databases and directories such as Bloomberg, Wind Info, Hoovers, Factiva, Trading Economics, Statista, and others. Additional references include investor presentations, company filings (e.g., SEC), economic data, and documents from regulatory and industry bodies.
These sources were used to gather technical and market-focused insights, identify key players, analyze market segmentation and classification, and track major trends and developments across industries.
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Primary Sources
As part of our primary research, we interviewed a variety of stakeholders from both the supply and demand sides to gather valuable qualitative and quantitative insights.
On the supply side, we spoke with product manufacturers, competitors, industry experts, research institutions, distributors, traders, and raw material suppliers. On the demand side, we engaged with business leaders, marketing and sales heads, technology and innovation directors, supply chain executives, and end users across key organizations.
These conversations helped us better understand market segmentation, pricing, applications, leading players, supply chains, demand trends, industry outlook, and key market dynamics—including risks, opportunities, barriers, and strategic developments.
Key Data Information from Primary Sources
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