Turbines Market by Product (Gas Turbines, Hydroelectric Turbines, Steam Turbines), Capacity (100 kW to 500 kW, Less Than 100 kW, More Than 500 kW), End-User - Global Forecast 2024-2030

Turbines Market by Product (Gas Turbines, Hydroelectric Turbines, Steam Turbines), Capacity (100 kW to 500 kW, Less Than 100 kW, More Than 500 kW), End-User - Global Forecast 2024-2030


The Turbines Market size was estimated at USD 19.70 billion in 2023 and expected to reach USD 20.56 billion in 2024, at a CAGR 4.38% to reach USD 26.61 billion by 2030.

Global Turbines Market

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Turbines Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Turbines Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Turbines Market, highlighting leading vendors and their innovative profiles. These include Ansaldo Energia S.p.A., Bergey Windpower Co., Bharat Heavy Electricals Limited, Centrax Ltd, Dongfang Turbine Co.,Ltd., Doosan Enerbility Co., Ltd., Elliott Group, Enel S.p.a., Enercon GmbH, Envision Group, General Electric Company, GKN Ltd., Harbin Turbine Co. Ltd, Hitachi, Ltd., Kawasaki Heavy Industries, Ltd., MAN Energy Solutions SE, Mitsubishi Heavy Industries, Nordex SE, OPRA by Destinus, Rolls Royce PLC, Sany Heavy Industry Co., Ltd., Siemens AG, Solar Turbines Incorporated by Caterpillar Inc., Vestas Wind Systems A/S, and Xinjiang Goldwind Science & Technology Co., Ltd..

Market Segmentation & Coverage

This research report categorizes the Turbines Market to forecast the revenues and analyze trends in each of the following sub-markets:

Product
Gas Turbines
Hydroelectric Turbines
Steam Turbines
Wind Turbines
Capacity
100 kW to 500 kW
Less Than 100 kW
More Than 500 kW
End-User
Aerospace
Agriculture
Chemicals
Energy & Utilities
Manufacturing
Marine
Region
Americas
Argentina

Brazil

Canada

Mexico

United States
California

Florida

Illinois

New York

Ohio

Pennsylvania

Texas
Asia-Pacific
Australia

China

India

Indonesia

Japan

Malaysia

Philippines

Singapore

South Korea

Taiwan

Thailand

Vietnam
Europe, Middle East & Africa
Denmark

Egypt

Finland

France

Germany

Israel

Italy

Netherlands

Nigeria

Norway

Poland

Qatar

Russia

Saudi Arabia

South Africa

Spain

Sweden

Switzerland

Turkey

United Arab Emirates

United Kingdom

The report offers valuable insights on the following aspects:

1. Market Penetration: It presents comprehensive information on the market provided by key players.
2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

1. What is the market size and forecast of the Turbines Market?
2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Turbines Market?
3. What are the technology trends and regulatory frameworks in the Turbines Market?
4. What is the market share of the leading vendors in the Turbines Market?
5. Which modes and strategic moves are suitable for entering the Turbines Market?

Note: PDF & Excel + Online Access - 1 Year


1. Preface
1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Limitations
1.7. Assumptions
1.8. Stakeholders
2. Research Methodology
2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update
3. Executive Summary
4. Market Overview
4.1. Introduction
4.2. Turbines Market, by Region
5. Market Insights
5.1. Market Dynamics
5.1.1. Drivers
5.1.1.1. Growing number of power plants projects across the globe
5.1.1.2. Increasing preference for the renewable energy solutions
5.1.1.3. Rising funding for the offshore wind energy farms
5.1.2. Restraints
5.1.2.1. Associated high cost and technical complexity
5.1.3. Opportunities
5.1.3.1. Emergence of latest turbine technology innovations
5.1.3.2. Growing government fundings for wind energy development
5.1.4. Challenges
5.1.4.1. Concern associated with failure issues of turbines
5.2. Market Segmentation Analysis
5.3. Market Trend Analysis
5.4. Cumulative Impact of High Inflation
5.5. Porter’s Five Forces Analysis
5.5.1. Threat of New Entrants
5.5.2. Threat of Substitutes
5.5.3. Bargaining Power of Customers
5.5.4. Bargaining Power of Suppliers
5.5.5. Industry Rivalry
5.6. Value Chain & Critical Path Analysis
5.7. Regulatory Framework
6. Turbines Market, by Product
6.1. Introduction
6.2. Gas Turbines
6.3. Hydroelectric Turbines
6.4. Steam Turbines
6.5. Wind Turbines
7. Turbines Market, by Capacity
7.1. Introduction
7.2. 100 kW to 500 kW
7.3. Less Than 100 kW
7.4. More Than 500 kW
8. Turbines Market, by End-User
8.1. Introduction
8.2. Aerospace
8.3. Agriculture
8.4. Chemicals
8.5. Energy & Utilities
8.6. Manufacturing
8.7. Marine
9. Americas Turbines Market
9.1. Introduction
9.2. Argentina
9.3. Brazil
9.4. Canada
9.5. Mexico
9.6. United States
10. Asia-Pacific Turbines Market
10.1. Introduction
10.2. Australia
10.3. China
10.4. India
10.5. Indonesia
10.6. Japan
10.7. Malaysia
10.8. Philippines
10.9. Singapore
10.10. South Korea
10.11. Taiwan
10.12. Thailand
10.13. Vietnam
11. Europe, Middle East & Africa Turbines Market
11.1. Introduction
11.2. Denmark
11.3. Egypt
11.4. Finland
11.5. France
11.6. Germany
11.7. Israel
11.8. Italy
11.9. Netherlands
11.10. Nigeria
11.11. Norway
11.12. Poland
11.13. Qatar
11.14. Russia
11.15. Saudi Arabia
11.16. South Africa
11.17. Spain
11.18. Sweden
11.19. Switzerland
11.20. Turkey
11.21. United Arab Emirates
11.22. United Kingdom
12. Competitive Landscape
12.1. FPNV Positioning Matrix
12.2. Market Share Analysis, By Key Player
12.3. Competitive Scenario Analysis, By Key Player
13. Competitive Portfolio
13.1. Key Company Profiles
13.1.1. Ansaldo Energia S.p.A.
13.1.2. Bergey Windpower Co.
13.1.3. Bharat Heavy Electricals Limited
13.1.4. Centrax Ltd
13.1.5. Dongfang Turbine Co.,Ltd.
13.1.6. Doosan Enerbility Co., Ltd.
13.1.7. Elliott Group
13.1.8. Enel S.p.a.
13.1.9. Enercon GmbH
13.1.10. Envision Group
13.1.11. General Electric Company
13.1.12. GKN Ltd.
13.1.13. Harbin Turbine Co. Ltd
13.1.14. Hitachi, Ltd.
13.1.15. Kawasaki Heavy Industries, Ltd.
13.1.16. MAN Energy Solutions SE
13.1.17. Mitsubishi Heavy Industries
13.1.18. Nordex SE
13.1.19. OPRA by Destinus
13.1.20. Rolls Royce PLC
13.1.21. Sany Heavy Industry Co., Ltd.
13.1.22. Siemens AG
13.1.23. Solar Turbines Incorporated by Caterpillar Inc.
13.1.24. Vestas Wind Systems A/S
13.1.25. Xinjiang Goldwind Science & Technology Co., Ltd.
13.2. Key Product Portfolio
14. Appendix
14.1. Discussion Guide
14.2. License & Pricing
FIGURE 1. TURBINES MARKET RESEARCH PROCESS
FIGURE 2. TURBINES MARKET SIZE, 2023 VS 2030
FIGURE 3. TURBINES MARKET SIZE, 2018-2030 (USD MILLION)
FIGURE 4. TURBINES MARKET SIZE, BY REGION, 2023 VS 2030 (%)
FIGURE 5. TURBINES MARKET SIZE, BY REGION, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 6. TURBINES MARKET DYNAMICS
FIGURE 7. TURBINES MARKET SIZE, BY PRODUCT, 2023 VS 2030 (%)
FIGURE 8. TURBINES MARKET SIZE, BY PRODUCT, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 9. TURBINES MARKET SIZE, BY CAPACITY, 2023 VS 2030 (%)
FIGURE 10. TURBINES MARKET SIZE, BY CAPACITY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 11. TURBINES MARKET SIZE, BY END-USER, 2023 VS 2030 (%)
FIGURE 12. TURBINES MARKET SIZE, BY END-USER, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 13. AMERICAS TURBINES MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 14. AMERICAS TURBINES MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 15. UNITED STATES TURBINES MARKET SIZE, BY STATE, 2023 VS 2030 (%)
FIGURE 16. UNITED STATES TURBINES MARKET SIZE, BY STATE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 17. ASIA-PACIFIC TURBINES MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 18. ASIA-PACIFIC TURBINES MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 19. EUROPE, MIDDLE EAST & AFRICA TURBINES MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 20. EUROPE, MIDDLE EAST & AFRICA TURBINES MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 21. TURBINES MARKET, FPNV POSITIONING MATRIX, 2023
FIGURE 22. TURBINES MARKET SHARE, BY KEY PLAYER, 2023

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