Report Highlights
This report provides an analysis of the global market for gas and steam turbines. It highlights significant driving trends and challenges that affect the global market and its vendor landscape. The report concludes with a competitive landscape and company profiles of the leading global players.
Report Includes
- In-depth analysis of the global market for gas and steam turbines
- Analyses of the global market trends, with revenue data for 2024, estimates for 2025, forecasts for 2026 and 2029, projected CAGRs through 2030
- Estimates of the market size and revenue growth prospects, accompanied by a market share analysis by type, technology, capacity, cycle, end user, application sector and region
- Facts and figures about market dynamics, technological advances, regulations, prospects and the impact of macroeconomic variables
- Insights derived from Porter’s Five Forces analyses
- Analysis of the industry structure, including companies’ market shares and rankings, strategic initiatives, M&A activity and a venture funding outlook
- Overview of sustainability trends and ESG developments, with emphasis on consumer attitudes, as well as the ESG risk ratings and practices of leading companies
- Profiles of the leading companies
Report Scope
This report analyzes the global market for gas and steam turbines by technology, capacity and end user for the gas turbines market and by cycle, capacity and sector for the steam turbines market. The report examines the technological and competitive aspects and economic trends that impact the market. Patent analysis for the gas and steam turbine market is included to provide insight into the competitive dynamics of the global market. The report concludes with detailed profiles of the major companies in the market.
The report also includes a regional analysis that covers North America, Europe, Asia-Pacific and the Rest of the World (i.e., South America and the Middle East and Africa) and examines the current and future factors influencing market demand. The base year is 2024, 2025 the estimated year, and market values are forecast for five years through 2030. All market values are in U.S. dollars (million).
Report Synopsis
| Report Metrics | Details | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Base year considered | 2024 | ||||||||||
| Forecast period considered | 2025-2030 | ||||||||||
| Base year market size | $31.0 Billion | ||||||||||
| Market size forecast | $37.5 Billion | ||||||||||
| Growth rate | CAGR of 3.4% from 2025 to 2030 | ||||||||||
| Units considered | $ Millions | ||||||||||
| Segments covered | By Technology, Capacity, End User and Region (For gas turbine market); and By Cycle, Capacity, End User and Region (For steam turbine market) | ||||||||||
| Regions covered | North America, Europe, Asia-Pacific and the Rest of the World (i.e., South America and the Middle East and Africa) | ||||||||||
| Key Market Drivers |
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| Companies studied |
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Frequently Asked Questions (FAQs)
- Growing electricity demand.
- Technological advancements in steam and gas turbines.
- Environmental and regulatory concerns.
- High initial investment.
- Adoption of combined-cycle power plants.
- Growing expansion of industrialization.
- For gas turbine market – by technology, capacity, end-user, and region.
- For steam turbine market – by cycle, capacity, end-user, and region.
Analyst Credentials
BCC Research Team possesses expertise and experience in life and physical science domains. They specialize in offering valuable business insights, including industry analysis, competitor intelligence, strategic and financial analysis, and opportunity assessment. The team has in-depth knowledge of various sectors, including healthcare, biotechnology, pharmaceuticals, IT, automation, advanced materials, and energy. They are proficient in qualitative and quantitative market intelligence providing clients with actionable insights. With a vast understanding of the competitive landscape, the team can support clients in making data-driven decisions to help them achieve a competitive edge in their respective markets.
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