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
Methodology/Research Approach
This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.Research Programs/Design
Historical Data (2015-2019) |
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Influencing Factors |
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Market Forecast (2021-2026) |
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Market Size Estimation
Top-down and bottom-up approaches are used to validate the global Voluntary Carbon Offset market size market and estimate the market size for Company, regions segments, product segments and Application (end users).
The market estimations in this report are based on the marketed sale price of Voluntary Carbon Offset (excluding any discounts provided by the player, distributor, wholesaler or traders). The percentage splits, market share, and breakdowns of the product segments are derived on the basis of weights assigned to each of the segments on the basis of their utilization rate and average sale price. The regional splits of the overall Voluntary Carbon Offset market and its sub-segments are based on the percentage adoption or utilization of the given product in the respective region or country.
Major Company in the market is identified through secondary research and their market revenues determined through primary and secondary research. Secondary research included the research of the annual and financial reports of the top Company; whereas, primary research included extensive interviews of key opinion leaders and industry experts such as experienced front-line staff, directors, CEOs and marketing executives. The percentage splits, market share, Growth Rate and breakdowns of the product markets are determined through using secondary sources and verified through the primary sources.
All possible factors that influence the markets included in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. The market size for top-level markets and sub-segments is normalized, and the effect of inflation, economic downturns, and regulatory & policy changes or other factors are not accounted for in the market forecast. This data is combined and added with detailed inputs and analysis from Market Intellix and presented in this report
The following figure shows an illustrative representation of the overall market size estimation process used for this study.
Market Breakdown and Data Triangulation
After complete market engineering with calculations for market statistics; market size estimations; market forecasting; market breakdown; and data triangulation, extensive primary research was conducted to gather information and verify and validate the critical numbers arrived at. In the complete market engineering process, both top-down and bottom-up approaches were extensively used, along with several data triangulation methods, to perform market estimation and market forecasting for the overall market segments and sub-segments listed in this report. Extensive qualitative and further quantitative analysis is also done from all the numbers arrived at in the complete market engineering process to list key information throughout the report.
Data Source
Secondary Sources
Secondary sources include such as press releases, annual reports, non-profit organizations, industry associations, governmental agencies and customs data, etc. This research study involves the usage of widespread secondary sources, directories, databases such as Bloomberg Business, Wind Info, Hoovers, Factiva (Dow Jones & Company), and TRADING ECONOMICS, and News Network, statista, Federal Reserve Economic Data, annual reports, BIS Statistics, ICIS; company house documents; CAS(American Chemical Society); investor presentations; and SEC filings of companies. Secondary research was used to identify and collect information useful for the extensive, technical, market-oriented, and Hospitals study of the Voluntary Carbon Offset market. It was also used to obtain important information about the top companies, market classification and segmentation according to industry trends to the bottom-most level, and key developments related to market and technology perspectives.
Market Size |
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Qualitative Analysis |
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Primary Sources
In the primary research process, various sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side include product Company (and their competitors), opinion leaders, industry experts, research institutions, distributors, dealer and traders, as well as the raw materials suppliers and producers, etc.
The primary sources from the demand side include industry experts such as business leaders, marketing and sales directors, technology and innovation directors, supply chain executive, end use (product buyers), and related key executives from various key companies and organizations operating in the global market.
Primary research was conducted to identify segmentation Type, product price range, product Application, key Company, raw materials supply and the downstream demand, industry status and outlook, and key market dynamics such as risks, influence factors, opportunities, market barriers, industry trends, and key player strategies.
Key Executives Interviewed
Key Data Information from Primary Sources
Primary Sources | Parameters | Key Data |
Market Segments(by Application, by Type) |
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Total Market |
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