Market Revenue Steam Turbine Market Cost Analysis from 2017-2022 | Seite 3

market accounted for the largest market share of Steam Turbine Industry and is estimated to lead the
market over the forecast period. The use demand is coming from the country China. The reason being,
high rate of industrialization in China, India.
Moreover, Europe is expected to grow gradually over the forecast period. This is mainly due to shifting
concentration from traditional to cleaner and renewable energy sources, increasing use of natural gas
as the main power generation source fixed with gas turbines. Steam Turbine Industry key players are,
Toshiba, Shanghai Electric Group, General Electric, Dongfang Turbine Co. Ltd., BHEL, Harbin Turbine
Co. Ltd., and Siemens.
Market Segment:
Geographically, this report is segmented into several key Regions, with production, consumption,
revenue (million USD), market share and growth rate of Steam Turbine in these regions, from
2012 to 2022 (forecast), covering
• North America
• Europe
• China
• Japan
• Southeast Asia
• India
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Global Steam Turbine market competition by top manufacturers, with production, price, revenue
(value) and market share for each manufacturer; the top players including
• GE
• Siemens
• Mitsubishi Heavy Industries
• Kawasaki Heavy Industries
• ABB
• UTW
• Weir Group
• Elliott