Los Angeles, CA -- (SBWIRE) -- 11/05/2018 -- Description

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

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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.

The global Steam Turbine market is valued at xx million US$ in 2017 and will reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 2018-2025.

The major manufacturers covered in this report

GE

Siemens

Elliott

Toshiba

Mitsubishi Hitachi Power Systems

MAN

Geographically, this report studies the top producers and consumers, focuses on product capacity, production, value, consumption, market share and growth opportunity in these key regions, covering

North America

Europe

China

Japan

Southeast Asia

India

On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into

Rated Power (<60MW)

Rated Power (60-200MW)

Rated Power (>200MW)

On the basis of the end users/applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate for each application, including

Industrial

Marine

Power Generation

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