Condensing steam turbines are most commonly found in thermal power plants. In a condensing steam turbine, the maximum amount of energy is extracted from the steam, because there is very high enthalpy difference between the initial and final conditions of steam
This report aims to provide a comprehensive presentation of the global market for Condensing Steam Turbine, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Condensing Steam Turbine. This report contains market size and forecasts of Condensing Steam Turbine in global, including the following market information:
- Global Condensing Steam Turbine Market Revenue, 2018-2023, 2024-2029, ($ millions)
- Global Condensing Steam Turbine Market Sales, 2018-2023, 2024-2029, (K Units)
Global top five Condensing Steam Turbine companies in 2022 (%)
The global Condensing Steam Turbine market was valued at US$ 5091 million in 2022 and is projected to reach US$ 5478.3 million by 2029, at a CAGR of 1.1% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Globally, the Condensing Steam Turbine industry market is concentrated as the manufacturing technology of Condensing Steam Turbine is relatively matures than some high-tech equipment. And some enterprises, like GE, Siemens and Mitsubishi Hitachi, etc. are well-known for the wonderful performance of their Condensing Steam Turbine and related services. At the same time, Europe, occupied 39% production market share, is remarkable in the global Condensing Steam Turbine industry because of their market share and technology status of Condensing Steam Turbine.
We surveyed the Condensing Steam Turbine manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Condensing Steam Turbine Market, by Output, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Condensing Steam Turbine Market Segment Percentages, by Output, 2022 (%)
- Above 300 MW
- Below 300 MW
Global Condensing Steam Turbine Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Condensing Steam Turbine Market Segment Percentages, by Application, 2022 (%)
- Industrial
- Power Generation
- Others
Global Condensing Steam Turbine Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Condensing Steam Turbine Market Segment Percentages, By Region and Country, 2022 (%)
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- France
- U.K.
- Italy
- Russia
- Nordic Countries
- Benelux
- Rest of Europe
- Asia
- China
- Japan
- South Korea
- Southeast Asia
- India
- Rest of Asia
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- Turkey
- Israel
- Saudi Arabia
- UAE
- Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
- Key companies Condensing Steam Turbine revenues in global market, 2018-2023 (Estimated), ($ millions)
- Key companies Condensing Steam Turbine revenues share in global market, 2022 (%)
- Key companies Condensing Steam Turbine sales in global market, 2018-2023 (Estimated), (K Units)
- Key companies Condensing Steam Turbine sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
- GE
- Siemens
- Mitsubishi Hitachi
- Doosan Skoda Power
- Elliott
- MAN
- Fuji Electric
- Kawasaki
- HTC
- Toshiba
- Ansaldo
- Power Machines
- Outline of Major Chapters:
- Chapter 1: Introduces the definition of Condensing Steam Turbine, market overview.
- Chapter 2: Global Condensing Steam Turbine market size in revenue and volume.
- Chapter 3: Detailed analysis of Condensing Steam Turbine manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
- Chapter 4: Provides the analysis of various market segments by output, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
- Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
- Chapter 6: Sales of Condensing Steam Turbine in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
- Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
- Chapter 8: Global Condensing Steam Turbine capacity by region & country.
- Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
- Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
- Chapter 11: The main points and conclusions of the report.
