Steam Turbines, Update 2017 – Global Market Size, Competitive Landscape, Key Country Analysis and Forecast to 2021

2017-09-19
Price :
Published : Sep-2017
No. of Pages : 168

Global steam turbine market registered a market value of US$13.29 Billion in the year 2016. The Asia-Pacific region was the largest market for steam turbines during the year 2016 registering close to 79.2% of the global market share. Europe, Middle East, and Africa (EMEA) was the second-largest market, representing 15.1%, followed by the Americas with 5.8%. Key drivers in the global steam turbine market include governments’ mandated use of clean coal technologies for new coal-fired power plants, increased demand for combined-cycle gas turbine (CCGT) plants, cheap coal prices, and supportive policies in a few countries for coal-fired power plants.

During the forecast period 2017-2021, the total global steam turbine market is expected to register an aggregate value of US$58.29 Billion. The steam turbine market is heavily reliant on the power generation and transmission industry. Increasing demand for uninterrupted power from developing countries such as China and India is expected to contribute to the market value during the forecast period. Developments with respect to coal capacity additions from countries like Turkey, Egypt, South Africa, Indonesia, and Vietnam contribute to the projected market trends for the forecast period.

Global steam turbine market is projected to grow at a moderate growth rate accompanied by growing industrial, commercial, and residential activities. Thermal capacity addition is rising every year with constantly increasing electricity consumption. Frequent power cuts, blackouts, and load shedding have contributed to the increased demand for steam turbines for power generation. Increase in combined-cycle and co-generation operations are expected to propel the growth of steam turbines for power generation market all around the world.

Asia-Pacific region led the global steam turbine market in the historical period and is expected to continue holding its top position through the forecast period. China was identified as the top country for the steam turbine market in terms of shipment capacity and market value, followed by India, Vietnam, Indonesia, and Korea. In 2016, in terms of market value, China held a 51.2% share in the region and is expected to hold 43.07% in 2021.

In 2016, India held a 16.9% share of the steam turbine market in the Asia-Pacific region, which is expected to rise to 17.7% by 2021. Vietnam and Indonesia held 4.2% and 3% shares, respectively, in 2016 and are expected to increase their share by registering 6.5% and 5%, correspondingly, in the region by 2021.

The report “Steam Turbines, Update 2017 – Global Market Size, Competitive Landscape, Key Country Analysis and Forecast to 2021″, offers comprehensive information and understanding of the global steam turbines market. The report analyzes the current trend and future potential of steam turbines market at global, regional (Asia-Pacific, Americas, Europe, and Middle East and Africa) and key countries (the US, India, China, Republic of Korea, Vietnam, Indonesia, the UK, Germany, Turkey, and South Africa) level.

The report provides the following information in-depth -

  • Analysis of the growth of steam turbines market with a focus on market value in global and regional level including Asia-Pacific, Americas, Europe, and Middle East and Africa.
  • The report provides steam turbines market analysis for key countries including the US, India, China, Republic of Korea, Vietnam, Indonesia, the UK, Germany, Turkey, and South Africa.
  • The report offers country level steam turbines market value and volume, classified by capacity segment, for the historical (2011-2016) and forecast (2017-2021) periods.
  • Qualitative analysis of key market drivers and restraints, and analysis of their impacts on steam turbines market at country level are discussed.
  • he report provides competitive landscape at country level for the year 2016. It also covers case studies and key projects.

Scope

The report analyzes steam turbines market. Its scope includes -

  • Analysis of the growth of steam turbines market with a focus on market value in global and regional level including Asia-Pacific, Americas, Europe, and Middle East and Africa.
  • The report provides steam turbines market analysis for key countries including the US, India, China, Republic of Korea, Vietnam, Indonesia, the UK, Germany, Turkey, and South Africa.
  • The report offers country level steam turbines market value and volume, classified by capacity segment, for the historical (2011-2016) and forecast (2017-2021) periods.
  • Qualitative analysis of key market drivers and restraints, and analysis of their impacts on steam turbines market at country level are discussed.
  • The report provides competitive landscape at country level for the year 2016. It also covers case studies and key projects.

Reasons to buy

The report will enhance your decision making capability in a more rapid and time sensitive manner. It will allow you to -

  • Facilitate decision-making by analyzing market data on steam turbines
  • Develop strategies based on developments in the steam turbine market
  • Identify key partners and business-development avenues, based on an understanding of the movements of the major competitors in the steam turbine market
  • Respond to your competitors’ business structure, strategies and prospects
Filed in: Energy & Power
Publisher : GlobalData
More Reports
Title Price Buy Now

Monthly Oil & Gas Industry Contracts Review – Petrofac’s Contracts Drive Activity in EMEA Midstream Sector

Monthly Oil & Gas Industry Contracts Review - Petrofac's Contracts Drive Activity in EMEA Midstream Sector Summary GlobalData's "Monthly Oil & Gas Industry Contracts Review - Petrofac's Contracts Drive Activity in EMEA Midstream Sector", report is an essential source of data on the contracts and open tenders in the oil and gas industry, The report portrays detailed comparative data on the number of contracts and their value in the month, subdivided by region, sector and geographies in September 2017, Additionally, the report provides information on the top contractors and issuers based on the worth of contracts executed in the oil and gas industry during the month by geographies and over the year. Data presented in this report is derived from GlobalData's IPAR database and primary......
$250

Monthly Upstream Deals Review – September 2017

Monthly Upstream Deals Review - September 2017 Summary GlobalData's "Monthly Upstream Deals Review - September 2017", report is an essential source of data and trend analysis on M&A (mergers, acquisitions, and asset transactions), in the upstream oil and gas industry. The report provides detailed comparative month-on-month data, on the number of deals and their value, sub-divided into deal types by geographies. It also envisage on the recent rumors on acquisitions across the industry. The report also highlights Top Buyers and Sellers, as well as Valuation Multiples ($/boed, $/1P boe, $/2P boe) by Region for the last six months. Data presented in this report is derived from GlobalData's proprietary in-house Oil and Gas eTrack deals database and primary and secondary research. Sc......
$250

Hydropower (Large, Small and Pumped Storage) in Spain, Market Outlook to 2030, Update 2017 – Capacity, Generation, Levelized Cost of Energy (LCOE), Investment Trends, Regulations and Company Profiles

Hydropower (Large, Small and Pumped Storage) in Spain, Market Outlook to 2030, Update 2017 - Capacity, Generation, Levelized Cost of Energy (LCOE), Investment Trends, Regulations and Company Profiles Summary "Hydropower (Large, Small and Pumped Storage) in Spain, Market Outlook to 2030, Update 2017 - Capacity, Generation, Levelized Cost of Energy (LCOE), Investment Trends, Regulations and Company Profiles", is the latest report from GlobalData, the industry analysis specialists that offer comprehensive information and understanding of the hydropower market in Spain. The report provides in depth analysis on global renewable power market and global hydropower market with forecasts up to 2030. The report analyzes the power market scenario in Spain (includes conventional thermal, nucl......
$2500

Thermal Power in Italy, Market Outlook to 2030, Update 2017 – Capacity, Generation, Investment Trends, Regulations and Company Profiles

Thermal Power in Italy, Market Outlook to 2030, Update 2017 - Capacity, Generation, Investment Trends, Regulations and Company Profiles Summary "Thermal Power in Italy, Market Outlook to 2030, Update 2017 - Capacity, Generation, Investment Trends, Regulations and Company Profiles", is the latest report from GlobalData, the industry analysis specialists that offer comprehensive information and understanding of the thermal power market. The report provides in depth analysis on global thermal power market with forecasts up to 2030. The report analyzes the power market scenario in Italy(includes thermal, nuclear, large hydro, pumped storage and renewable energy sources) and provides future outlook with forecasts up to 2030. The research details thermal power market outlook in the coun......
$2500

Biopower in Spain, Market Outlook to 2030, Update 2017 – Capacity, Generation, Levelized Cost of Energy (LCOE), Investment Trends, Regulations and Company Profiles

Biopower in Spain, Market Outlook to 2030, Update 2017 - Capacity, Generation, Levelized Cost of Energy (LCOE), Investment Trends, Regulations and Company Profiles Summary "Biopower in Spain, Market Outlook to 2030, Update 2017 - Capacity, Generation, Levelized Cost of Energy (LCOE), Investment Trends, Regulations and Company Profiles", is the latest report from GlobalData, the industry analysis specialists that offer comprehensive information and understanding of the Biopower market in Spain. The report provides an in-depth analysis on global renewable power market and global Biopower market with forecasts up to 2030. The report analyzes the power market scenario in Spain (includes conventional Hydro, nuclear and renewable energy sources) and provides future outlook with forecast......
$2500

Solar Thermal Power in Spain, Market Outlook to 2030, Update 2017 – Capacity, Generation, Levelized Cost of Energy (LCOE), Investment Trends, Regulations and Company Profiles

Solar Thermal Power in Spain, Market Outlook to 2030, Update 2017 - Capacity, Generation, Levelized Cost of Energy (LCOE), Investment Trends, Regulations and Company Profiles Summary "Solar Thermal Power in Spain, Market Outlook to 2030, Update 2017 - Capacity, Generation, Levelized Cost of Energy (LCOE), Investment Trends, Regulations and Company Profiles", is the latest report from GlobalData, the industry analysis specialists that offer comprehensive information and understanding of the Solar Thermal market in Spain. The report provides an in-depth analysis on global renewable power market and global Solar Thermal market with forecasts up to 2030. The report analyzes the power market scenario in Spain (includes conventional Hydro, nuclear and renewable energy sources) and provi......
$2500

Wind Power in Italy, Market Outlook to 2030, Update 2017 – Capacity, Generation, Levelized Cost of Energy (LCOE), Investment Trends, Regulations and Company Profiles

Wind Power in Italy, Market Outlook to 2030, Update 2017 - Capacity, Generation, Levelized Cost of Energy (LCOE), Investment Trends, Regulations and Company Profiles Summary "Wind Power in Italy, Market Outlook to 2030, Update 2017 - Capacity, Generation, Levelized Cost of Energy (LCOE), Investment Trends, Regulations and Company Profiles", is the latest report from GlobalData, the industry analysis specialists that offer comprehensive information and understanding of the wind power market in Italy. The report provides in depth analysis on global renewable power market and global wind power market with forecasts up to 2030. The report analyzes the power market scenario in Italy (includes conventional thermal, nuclear, large hydro and renewable energy sources) and provides future o......
$2500

Grid Connected Battery Energy Storage System, Update 2017 – Global Market Size, Competitive Landscape, Key Country Analysis, and Forecast to 2021

Grid Connected Battery Energy Storage System, Update 2017 - Global Market Size, Competitive Landscape, Key Country Analysis, and Forecast to 2021 Summary Global battery energy storage systems (BESS) market witnessed a market value of around US$3.30 Billion in 2016 and is estimated to reach over US$14 Billion by 2021, registering a compound annual growth rate (CAGR) of around 35% between 2016 and 2021. The top five countries in the global market include the US, Japan, South Korea, Germany, and China. They represented around 85% of the global total in terms of cumulative installed capacity in 2016. United States and Japan led the market in 2016 with just over 30% and around 20% shares, respectively, in 2016. In the year 2016, the Asia-Pacific region led the market holding almost 42%......
$3995

Iran Midstream Oil and Gas Industry Outlook to 2022 – Market Forecasts for Liquefied Natural Gas (LNG), Oil Storage, Pipelines, Underground Gas Storage and Gas Processing

Iran Midstream Oil and Gas Industry Outlook to 2022 - Market Forecasts for Liquefied Natural Gas (LNG), Oil Storage, Pipelines, Underground Gas Storage and Gas Processing Summary "Iran Midstream Oil and Gas Industry Outlook to 2022 - Market Forecasts for Liquefied Natural Gas (LNG), Oil Storage, Pipelines, Underground Gas Storage and Gas Processing", is a comprehensive report on midstream oil and gas industry in Iran. The report provides details such as name, type, operational status and operator for all active and planned (new build) LNG terminals, oil storage terminals, major trunk pipelines, underground gas storage sites and gas processing plants in Iran till 2022. Further, the report also offers recent developments, financial deals as well as latest contracts awarded in the count......
$1500

Oman Midstream Oil and Gas Industry Outlook to 2022 – Market Forecasts for Liquefied Natural Gas (LNG), Oil Storage, Pipelines and Gas Processing

Oman Midstream Oil and Gas Industry Outlook to 2022 - Market Forecasts for Liquefied Natural Gas (LNG), Oil Storage, Pipelines and Gas Processing Summary "Oman Midstream Oil and Gas Industry Outlook to 2022 - Market Forecasts for Liquefied Natural Gas (LNG), Oil Storage, Pipelines and Gas Processing", is a comprehensive report on midstream oil and gas industry in Oman. The report provides details such as name, type, operational status and operator for all active and planned (new build) LNG terminals, oil storage terminals, major trunk pipelines and gas processing plants in Oman till 2022. Further, the report also offers recent developments, financial deals as well as latest contracts awarded in the country's midstream sector. Scope - Updated information related to all active an......
$1500