Opportunities in the steam turbine market have evolved through a number of stages. Lucintel has found the future of this market to be promising; the steam turbine market is expected to reach $33.8 billion by 2025 with a CAGR of 5.7%. In this market, coal is the largest segment by plant fuel, whereas 600 MW and above is largest by turbine size. 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 and others are some of the companies profiled in this report.
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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 firstname.lastname@example.org
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