Steam Turbine Market, By Capacity (Up to 150 MW, 151 MW to 300 MW, More than 300 MW), By End Use (Power & Utility, Industrial), and By Geography (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa)

Published In : May 2023

Code : CMI5731

Pages :138

Formats :

Excel and PDF

Industry : Energy

Leading Companies

Global Steam Turbine Market: Key Developments

In June 2022, GE Steam Power announced that it has signed a US$ 165 million contract with BHEL for the supply of three nuclear steam turbines out of six units for NPCIL's domestic nuclear program- phase 1 being developed at Gorakhpur, Haryana (units - 1 to 4 (GHAVP)) and Kaiga (Kaiga-5&6) Karnataka

In February 2019, Toshiba wins order to supply steam turbine and generator for Montgomery County Power Station in the USA

Global Steam Turbine Market: Key Companies Insights

The global steam turbine market is highly competitive. This is attributed to continuous launch of new technologies due to ongoing R &D and efforts by value chain participants. Moreover, key players are adopting various business growth strategies in order to expand their presence on regional as well as global basis. Some of the key players in the global steam turbine market are General Electric (GE), Siemens Energy, Mitsubishi Power, Ltd., Toshiba Corporation, Doosan Škoda Power, Ansaldo Energia S.p.A., Bharat Heavy Electricals Limited (BHEL), and Fuji Electric Co., Ltd.