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 contains market size and forecasts of Condensing Steam Turbine in global, including the following market information:
Global Condensing Steam Turbine Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Condensing Steam Turbine Market Sales, 2017-2022, 2023-2028, (MW)
Global top five Condensing Steam Turbine companies in 2021 (%)
The global Condensing Steam Turbine market was valued at 5091 million in 2021 and is projected to reach US$ 5478.3 million by 2028, at a CAGR of 1.1% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Above 300 MW Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Condensing Steam Turbine include GE, Siemens, Mitsubishi Hitachi, Doosan Skoda Power, Elliott, MAN, Fuji Electric, Kawasaki and HTC, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has 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, 2017-2022, 2023-2028 ($ Millions) & (MW)
Global Condensing Steam Turbine Market Segment Percentages, by Output, 2021 (%)
Above 300 MW
Below 300 MW
Global Condensing Steam Turbine Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (MW)
Global Condensing Steam Turbine Market Segment Percentages, by Application, 2021 (%)
Industrial
Power Generation
Others
Global Condensing Steam Turbine Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (MW)
Global Condensing Steam Turbine Market Segment Percentages, By Region and Country, 2021 (%)
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, 2017-2022 (Estimated), ($ millions)
Key companies Condensing Steam Turbine revenues share in global market, 2021 (%)
Key companies Condensing Steam Turbine sales in global market, 2017-2022 (Estimated), (MW)
Key companies Condensing Steam Turbine sales share in global market, 2021 (%)
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