Steam Turbine Market Outlook 2023 – GE, Siemens, Elliott, Toshiba, Mitsubishi Hitachi Power Systems, MAN & more

MarketStudyReport.com adds a new 2018-2023 Global Steam Turbine Consumption Market Report focuses on the major drivers and restraints for the global key players providing analysis of the market share, segmentation, revenue forecasts and geographic regions of the market.

This report studies the global Steam Turbine Market status and forecast, categorizes the global Steam Turbine market size (value & volume) by key players, type, application, and region. This report focuses on the top players in North America, Europe, China, Japan, Southeast Asia India and Other regions (Middle East & Africa, Central & South America).

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Steam Turbine is a device that extracts thermal energy from pressurized steam and uses it to do mechanical work on a rotating output shaft.

As for the North America steam turbine industry, the industry structure is relatively concentrated. The top three manufacturers have 75.07% revenue market share in 2015. The USA giant GE, which has 36.17% market share in 2015, is the leader in the North America steam turbine industry. The manufacturers following GE are Siemens and Elliott, which respectively has 34.57% and 8.24% market share in North America region.

The downstream industries of steam turbine products are industrial, power generation and marine. In the recent years, with the recovery of United States economic, the development of emerging country, such as Mexico, and the construction of factory, the consumption increase of steam turbine will be obvious. In the foreseeable future, the steam turbine products will show an optimistic upward trend.

Over the next five years, Steam Turbine will register a xx% CAGR in terms of revenue, reach US$ xx million by 2023, from US$ xx million in 2017.

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The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report:

GE, Siemens, Elliott, Toshiba, Mitsubishi Hitachi Power Systems, MAN.

Segmentation by product type:

Rated Power (<60MW)

Rated Power (60-200MW)

Rated Power (>200MW)

Segmentation by application:

Industrial

Marine

Power Generation

Research objectives

To study and analyze the global Steam Turbine consumption (value & volume) by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2023.

To understand the structure of Steam Turbine market by identifying its various subsegments.

Focuses on the key global Steam Turbine manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.

To analyze the Steam Turbine with respect to individual growth trends, future prospects, and their contribution to the total market.

To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).

To project the consumption of Steam Turbine submarkets, with respect to key regions (along with their respective key countries).

To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.

To strategically profile the key players and comprehensively analyze their growth strategies.

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Posted by on Friday September 14 2018, 2:15 PM EDT. All trademarks acknowledged. Filed under Business Services, Clean Energy, Energy & Natural Resources, Featured Press Release, Power. Comments and Trackbacks are open. Follow responses: RSS 2.0

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