Large rotating devices that efficiently extract useful energy from a high speed flowing fluid are called turbines. Steam turbines therefore convert the energy stored in high energy steam around it into useful forms of energy such as electrical and mechanical energy.
One of the most common uses of industrial steam turbine is for the production of electricity. At present, electricity generation for power requirement is usually sourced from fossil fuels such as coal & petroleum and also from renewable sources of energy such as solar energy to heat the water present in the boilers generating steam.
The demand for industrial steam turbines is on a growing curve owing to increasing power requirements, growing infrastructure developments, rapid industrialization, migration of large chunk of population from less developed to highly developed areas and growing human population.
Industrial steam turbines in comparison to other forms of power generation turbines are cheaper alternative for the production of low cost electricity when the source of power is fossil fuel, making it an attractive prospect for electricity production, thereby driving the growth of the market.
The problems associated with the exponential rate of depletion of non-renewable sources of energy compel the manufacturers of industrial steam turbines to manufacture more efficient and durable equipment leading to a healthy growth of the industrial steam turbine market.
The expansion of nuclear based power generation and increasing setting up of nuclear power plants have influenced the growth of industrial steam turbines market.
One of the important factors that can come across as a roadblock for the growth of the industrial steam turbine market is the growing preference for gas turbines in power generating plants.
This is due to increasing pressure from environmental activists on reducing the level of pollution caused by the steam turbines run by fossil fuels as well as being able to generate power through variety of fuel sources and being highly efficient.
Trends in the market include the increasing popularity of dual purpose industrial steam turbines wherein both heat and electricity are generated simultaneously for different purposes known as Combined Heat and Power (CHP) or Cogeneration as well as Trigeneration or Combined Cooling Heat and Power (CCHP).
These special purpose industrial steam turbines are usually employed in manufacturing applications where heat is utilized.
Rapid development in China and India in terms of infrastructure, industrialization and power requirement has led to high growth of industrial steam turbines market in the Asia Pacific region, while the growth of the market in Western Europe and North America is estimated to slowdown, owing to adoption of less polluting gas turbines.
Examples of some of the market participants identified in the Global Industrial Steam Turbines market are:
The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data.
It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application, and industry.
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain.
The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies
By Rated Capacity, the Industrial Steam Turbines market can be segmented as:
By Type, the Industrial Steam Turbines market can be segmented as:
By Operating Principle, the Industrial Steam Turbines market can be segmented as:
By Exhaust Type, the Industrial Steam Turbines market can be segmented as:
By Power Source, the Industrial Steam Turbines market can be segmented as:
By Application, the Industrial Steam Turbines market can be segmented as:
Our Research Products
The "Full Research Suite" delivers actionable market intel, deep dives on markets or technologies, so clients act faster, cut risk, and unlock growth.
The Leaderboard benchmarks and ranks top vendors, classifying them as Established Leaders, Leading Challengers, or Disruptors & Challengers.
Locates where complements amplify value and substitutes erode it, forecasting net impact by horizon
We deliver granular, decision-grade intel: market sizing, 5-year forecasts, pricing, adoption, usage, revenue, and operational KPIs—plus competitor tracking, regulation, and value chains—across 60 countries broadly.
Spot the shifts before they hit your P&L. We track inflection points, adoption curves, pricing moves, and ecosystem plays to show where demand is heading, why it is changing, and what to do next across high-growth markets and disruptive tech
Real-time reads of user behavior. We track shifting priorities, perceptions of today’s and next-gen services, and provider experience, then pace how fast tech moves from trial to adoption, blending buyer, consumer, and channel inputs with social signals (#WhySwitch, #UX).
Partner with our analyst team to build a custom report designed around your business priorities. From analysing market trends to assessing competitors or crafting bespoke datasets, we tailor insights to your needs.
Supplier Intelligence
Discovery & Profiling
Capacity & Footprint
Performance & Risk
Compliance & Governance
Commercial Readiness
Who Supplies Whom
Scorecards & Shortlists
Playbooks & Docs
Category Intelligence
Definition & Scope
Demand & Use Cases
Cost Drivers
Market Structure
Supply Chain Map
Trade & Policy
Operating Norms
Deliverables
Buyer Intelligence
Account Basics
Spend & Scope
Procurement Model
Vendor Requirements
Terms & Policies
Entry Strategy
Pain Points & Triggers
Outputs
Pricing Analysis
Benchmarks
Trends
Should-Cost
Indexation
Landed Cost
Commercial Terms
Deliverables
Brand Analysis
Positioning & Value Prop
Share & Presence
Customer Evidence
Go-to-Market
Digital & Reputation
Compliance & Trust
KPIs & Gaps
Outputs
Full Research Suite comprises of:
Market outlook & trends analysis
Interviews & case studies
Strategic recommendations
Vendor profiles & capabilities analysis
5-year forecasts
8 regions and 60+ country-level data splits
Market segment data splits
12 months of continuous data updates
DELIVERED AS:
PDF EXCEL ONLINE
Industrial Steam Peeler Market Size and Share Forecast Outlook 2025 to 2035
Industrial Grade Electrochemical CO Sensor Market Size and Share Forecast Outlook 2025 to 2035
Industrial Bench Scale Market Size and Share Forecast Outlook 2025 to 2035
Industrial Low Profile Floor Scale Market Size and Share Forecast Outlook 2025 to 2035
Industrial Sand Mill Market Size and Share Forecast Outlook 2025 to 2035
Industrial Control Network Modules Market Size and Share Forecast Outlook 2025 to 2035
Industrial Precision Oven Market Size and Share Forecast Outlook 2025 to 2035
Industrial Water Chiller for PCB Market Size and Share Forecast Outlook 2025 to 2035
Industrial & Commercial HVLS Fans Market Size and Share Forecast Outlook 2025 to 2035
Industrial Robot Controller Market Size and Share Forecast Outlook 2025 to 2035
Industrial Wired Routers Market Size and Share Forecast Outlook 2025 to 2035
Industrial Evaporative Condensers Market Size and Share Forecast Outlook 2025 to 2035
Industrial Energy Management System Market Size and Share Forecast Outlook 2025 to 2035
Industrial Insulation Market Size and Share Forecast Outlook 2025 to 2035
Industrial Safety Gloves Market Size and Share Forecast Outlook 2025 to 2035
Industrial Cleaner Market Size and Share Forecast Outlook 2025 to 2035
Industrial Dust Treatment System Market Size and Share Forecast Outlook 2025 to 2035
Industrial Vertical Washing Tower Market Size and Share Forecast Outlook 2025 to 2035
Industrial Pepper Market Size and Share Forecast Outlook 2025 to 2035
Industrial Electronics Packaging Market Forecast and Outlook 2025 to 2035
Industrial Steam Turbines Market
Thank you!
You will receive an email from our Business Development Manager. Please be sure to check your SPAM/JUNK folder too.
Chat With
MaRIA
