Global Steam Turbine Market
市场规模(十亿美元)
CAGR : %
Forecast Period |
2022 –2029 |
Market Size (Base Year) |
USD 25,200.00 Million |
Market Size (Forecast Year) |
USD 33,183.59 Million |
CAGR |
|
Major Markets Players |
>全球蒸汽轮机市场,按设计(反应式、脉冲式)、排气(冷凝式、非冷凝式)、燃料(化石燃料、生物质、地热)、容量(≤3 MW、>3 MW - 100 MW、>100 MW)、按技术(蒸汽循环、联合循环、热电联产)、最终用途行业(发电、石化、石油和天然气、其他)划分 – 行业趋势和预测(至 2029 年)
市场分析和规模
蒸汽轮机基本上与燃气轮机配合使用,通过利用废气热量产生额外电力来提高工厂效率。严格的排放法规将减少温室气体排放并降低天然气价格,从而推动蒸汽轮机市场收入份额的增长。此外,在预测期内,政府不断努力促进国内制造业,这与长期政治稳定的有利预测相一致,将推动该行业的潜力。这些决定因素将在预测时间内极大地帮助市场发展。
2021 年全球蒸汽轮机市场价值为 252 亿美元,预计到 2029 年将达到 331.8359 亿美元,在 2022-2029 年的预测期内复合年增长率为 3.50%。除了市场价值、增长率、细分市场、地理覆盖范围、市场参与者和市场情景等市场洞察外,Data Bridge 市场研究团队策划的市场报告还包括技术进步、监管框架、PESTEL、波特五力分析、行业标准一览、原材料成本/运营支出概览、供应链分析、供应商选择标准、定价分析、生产分析和气候链情景。
市场定义
蒸汽轮机是一种利用热能从旋转输出轴上完成机械功的机械装置。蒸汽轮机由锅炉、涡轮机、冷凝器、供料泵和许多其他部件组成。蒸汽轮机由涡轮机旋转叶片流出的加热气流提供动力。蒸汽不断旋转叶片,将大部分蒸汽能量转化为动能。它用于驱动发电机发电。热能是全球发电最常用的能源,其装机容量是其他能源中最大的,用于驱动蒸汽轮机。
报告范围和市场细分
报告指标 |
细节 |
预测期 |
2022 至 2029 年 |
基准年 |
2021 |
历史岁月 |
2020(可定制至 2019 - 2014) |
定量单位 |
收入(百万美元)、销量(单位)、定价(美元) |
涵盖的领域 |
Design (Reaction, Impulse), Exhaust (Condensing, Non-condensing), Fuel (Fossil Fuel, Biomass, Geothermal), Capacity (≤3 MW, >3 MW - 100 MW, >100 MW), By Technology (Steam Cycle, Combined Cycle, Cogeneration), End Use Industry (Power Generation, Petrochemical, Oil and Gas, Others) |
Countries Covered |
U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Poland, Norway, Finland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Nigeria, Algeria, Angola, Ghana, Rest of Middle East and Africa |
Market Players Covered |
General Electric (U.S.), Siemens (Spain), Shanghai Electric (China), ABB (Switzerland), Doosan Corporation (South Korea), Alstom (France), Hitachi Ltd. (Japan), Ming Yang Smart Energy Group Co (China), Rockwell Automation Inc., (U.S.), Toshiba Corporation (Japan), Hyundai Motor Company (South Korea), Schneider Electric (France), Elliott Group (U.S.), Taiyuan Heavy Industry Co., (China), Fuji Electric Co., Ltd. (Japan) and Man Diesel & Turbo SE (Germany) |
Market Opportunities |
|
Steam Turbine Market Dynamics
This section deals with understanding the market drivers, advantages, opportunities, restraints and challenges. All of this is discussed in detail as below:
Drivers
- Surge in Demand for Power
The need for steam turbines is projected to expand in tandem with the rise in power demand. Around the world, steam-electric power plants generate the majority of electric electricity. As the world's population expands, the demand for power is expected to skyrocket. This factor is expected to drive up demand for steam turbines even further. On the other hand, the worldwide steam turbine market has yet to realize its full potential.
Furthermore the factors such as the rapid industrialization and rising electricity demand, particularly in developing economies will drive industry growth. Moreover, increasing electricity consumption and surging thermal power capacities also accelerates the market growth. With ever-growing electricity consumption, annual thermal capacity additions are increasing. Another factor increasing demand for steam turbines is the growth of the renewable energy market, notably in biomass. The rising need for steam turbines for power generation has been fueled by frequent power outages, blackouts, and load shedding. The expansion of the steam turbine for power generation market is predicted to be fueled by an increase in combined cycle and co-generation activities all over the world.
Opportunities
- Surging Developments and Research
Furthermore, various developments and technological advancements of steam turbines by the market players further extend profitable opportunities to the market players in the forecast period of 2022 to 2029. Additionally, the consistent research to produce clean coal technology offers lucrative growth opportunities for the market.
- Increasing Government Policies
Several government policies are in place to support the greener energy initiative. Many multinational corporations are taking steps to reduce their carbon footprint in order to contribute to a greener world and long-term sustainability. For instance, Equinor (Norway), aims to cut carbon emissions in half by 2050. One component of the strategy is to expand its renewable energy businesses, particularly steam turbine, which could reach 6,000 megawatts in six years and 16,000 megawatts in fifteen years. As a result, the boost in various government policies as well as the regulations associated with greener energy initiative and reduction in carbon footprint generates various opportunities for the market.
Restraints/Challenges
- High Capital Costs
The high capital cost is preventing the implementation of steam turbine which can further become a major disadvantage for the steam turbine market. This factors is anticipated hamper the overall growth of the market.
- Surging Restrictions due to Climate Concerns
There has been growing concerns about carbon emissions' negative impact on the climate, as well as policies at the regional and national levels such as capping the amount of emissions acceptable from these plants, have led to the retirement of existing plants and the postponement of future construction in favor of other, more expensive options. The regulatory and legislative restrictions on fossil-fuel-fired power plants will further pose as a serious challenge to the growth of the steam turbine market.
This steam turbine market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the steam turbine market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
COVID-19 Impact on Steam turbine Market
The recent outbreak of coronavirus had a negative impact on the steam turbine market, because of the enforcement of lockdowns and a large decrease in capital spending in terms of improvements and growth of power production activities, the COVID-19 pandemic has only a minor impact on the steam turbine industry. Government initiatives to restart operations in significant enterprises, manufacturing facilities, and infrastructure projects, on the other hand, will boost market growth. The government's increasing investment in various power production facilities as a result of the increased importance of self-sufficiency during the pandemic breakout led to the expansion of the steam turbine market. During the epidemic, there was a drop in infrastructure and construction development operations, which had a detrimental impact on market development.
Global Steam Turbine Market Scope
The steam turbine market is segmented on the basis of design, exhaust, fuel, capacity, technology and end use industry. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Design
- Reaction
- Impulse
Exhaust
- Condensing
- Non-condensing
Fuel
- Fossil Fuel
- Biomass
- Geothermal
Capacity
- ≤3 MW
- >3 MW - 100 MW
- >100 MW
Technology
- Steam Cycle
- CombinedCycle
- Cogeneration
End Use Industry
- Power Generation
- Petrochemical
- Oil and Gas
- Others
Steam Turbine Market Regional Analysis/Insights
The steam turbine market is analyzed and market size insights and trends are provided by country, design, exhaust, fuel, capacity, technology and end use industry as referenced above.
The countries covered in the steam turbine market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Poland, Norway, Finland, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Nigeria, Algeria, Angola, Ghana, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the steam turbine market in terms of market share and market revenue and will continue to flourish its dominance during the forecast period of 2022-2029. The market growth over this region is attributed to the rising integration of combined cycle technologies for captive power generation within the region.
Asia-Pacific on the other hand, is estimated to show lucrative growth over the forecast period of 2022-2029. This is due to the strict government regulations imposed in countries such as China to decrease greenhouse gas emissions from key industries.
报告的国家部分还提供了影响市场当前和未来趋势的各个市场影响因素和市场监管变化。下游和上游价值链分析、技术趋势和波特五力分析、案例研究等数据点是用于预测各个国家市场情景的一些指标。此外,在提供国家数据的预测分析时,还考虑了全球品牌的存在和可用性以及它们因来自本地和国内品牌的大量或稀缺竞争而面临的挑战、国内关税和贸易路线的影响。
竞争格局和蒸汽轮机市场份额分析
蒸汽轮机市场竞争格局按竞争对手提供详细信息。详细信息包括公司概况、公司财务状况、收入、市场潜力、研发投资、新市场计划、全球影响力、生产基地和设施、生产能力、公司优势和劣势、产品发布、产品宽度和广度、应用主导地位。以上提供的数据点仅与公司对蒸汽轮机市场的关注有关。
蒸汽轮机市场的一些主要参与者包括
- 通用电气(美国)
- 西门子(西班牙)
- 上海电气(中国)
- ABB(瑞士)
- 斗山公司 (韩国)
- 阿尔斯通(法国)
- 日立有限公司(日本)
- 明阳智慧能源集团股份有限公司 (中国)
- 罗克韦尔自动化公司(美国)
- 东芝公司(日本)
- 现代汽车公司(韩国)
- 施耐德电气(法国)
- 埃利奥特集团 (美国)
- 太原重型工业公司 (中国)
- 富士电机株式会社(日本)
- Man Diesel & Turbo SE(德国)
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研究方法
Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
可定制
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