Opportunities in the steam turbine market have evolved through a number of stages i.e.. Lucintel has found the future of this market to be promising; the steam turbine market is expected to reach $15.1 billion by 2027 with a CAGR of 0.5%. In this market, coal is expected to remain the largest plant fuel, and 600 MW and above segment is expected to remain the largest capacity. Players can benefit from the available opportunities like growing energy requirement at domestic and industrial level and increasing installation of coal, nuclear and combine cycle power generation facilities.
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Shanghai Electric Group, Dongfang Turbine Co Ltd., Harbin Turbine Co. Ltd., Siemens, BHEL, General Electric, and Toshiba are some of the companies profiled in this report.
Some of the features of this report:
• Market size estimates: Steam turbine market size estimation in terms of value ($M) shipment.
• Trend and forecast analysis: Market trend (2016-2021) and forecast (2022-2027) by various segments and regions.
• Segmentation analysis: Steam turbine market size by various plant fuel, capacity, and technology in terms of value and volume shipment.
• Regional analysis: Steam turbine market breakdown by North America, Europe, Asia Pacific, and the Rest of the World.
• Growth opportunities: Analysis on growth opportunities in different plant fuel, capacity, technology, and regions of steam turbine in the steam turbine market.
• Strategic analysis: This includes M&A, new product development, and competitive landscape of steam turbine in the steam turbine market.
• Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

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This exclusive report from Lucintel will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link [email protected]
About Lucintel
Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.
Brandon Fitzgerald
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. 972.636.5056
Cell: 303.775.0751
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