Market Research Reports Global Steam Turbines Market Report 2023 | Page 2

Summary
A Steam Turbine is a device that extracts thermal energy from pressurized steam and
uses it to do mechanical work on a rotating output shaft.
Steam Turbines market size will grow from USD 16713.5 Million in 2017 to USD
22270.1 Million by 2023, at an estimated CAGR of 4.9%. The base year considered for
the study is 2017, and the market size is projected from 2018 to 2023.