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Steam Turbine Market Size
- Report ID: GMI1269
- Published Date: May 2022
- Report Format: PDF
Steam Turbine Market Size
Steam Turbine Market size exceeded USD 16 billion in 2021 and is anticipated to grow at a CAGR of over 5.3% from 2022 to 2030.
Favorable regulatory measures to limit carbon footprints coupled with increasing investments in the development of large-scale thermal power projects will drive the industry scenario. A paradigm shift toward cogeneration & combined cycle technologies will positively sway the market outlook. Moreover, rising investments in the deployment of ultra-supercritical & supercritical thermal plants along with the growing utilization of geothermal energy will favor the global business.
| Report Attribute | Details |
|---|---|
| Base Year: | 2021 |
| Steam Turbine Market Size in 2021: | 16.6 Billion (USD) |
| Forecast Period: | 2022 to 2030 |
| Forecast Period 2022 to 2030 CAGR: | 5.8% |
| 2030 Value Projection: | 26.8 Billion (USD) |
| Historical Data for: | 2018 to 2021 |
| No. of Pages: | 770 |
| Tables, Charts & Figures: | 1,744 |
| Segments covered: | Design, Exhaust, Fuel, End Use, Capacity, Technology |
| Growth Drivers: |
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| Pitfalls & Challenges: |
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Frequently Asked Questions (FAQ) :
Steam Turbine Market Scope
