Global Condensing Steam Turbine Competitive Landscape Professional Research Report 2025

Global Condensing Steam Turbine Competitive Landscape Professional Research Report 2025

Research Summary

A condensing steam turbine is a type of steam turbine used to convert steam energy into mechanical energy. It operates on the principle of expanding high-pressure and high-temperature steam through a series of stages of rotating blades, known as a rotor. As the steam passes through the blades, it loses its pressure and temperature while transferring its energy to the rotor, causing it to rotate. The steam then exits the last stage at a lower pressure and temperature. In a condensing steam turbine, after leaving the last stage, the low-pressure steam is condensed back into water by passing it through a surface-cooled condenser. This process not only increases the efficiency of the turbine by extracting more energy from the steam but also reduces the energy losses associated with exhaust steam. Condensing steam turbines are widely used in various industrial applications, such as power generation, process industries, and mechanical drives, where large amounts of power need to be generated efficiently.

According to DIResearch's in-depth investigation and research, the global Condensing Steam Turbine market size was valued at XX Million USD in 2024 and is projected to reach XX Million USD by 2032, with a CAGR of XX% (2025-2032). Notably, the China market has changed rapidly in the past few years. By 2024, China's market size is expected to be XX Million USD, representing approximately XX% of the global market share. By 2032, it is anticipated to grow further to XX Million USD, contributing XX% to the worldwide market share.

The major global  manufacturers of Condensing Steam Turbine include GE, Siemens, Mitsubishi Hitachi, Doosan Skoda Power, Elliott, MAN, Fuji Electric, Kawasaki, HTC, Ansaldo, Toshiba, Power Machines etc. The global players competition landscape in this report is divided into three tiers. The first tier comprises global leading enterprises that command a substantial market share, hold a dominant industry position, possess strong competitiveness and influence, and generate significant revenue. The second tier includes companies with a notable market presence and reputation; these firms actively follow industry leaders in product, service, or technological innovation and maintain a moderate revenue scale. The third tier consists of smaller companies with limited market share and lower brand recognition, primarily focused on local markets and generating comparatively lower revenue.

This report studies the market size, price trends and future development prospects of Condensing Steam Turbine. Focus on analysing the market share, product portfolio, prices, sales, revenue and gross profit margin of global major manufacturers, as well as the market status and trends of different product types and applications in the global Condensing Steam Turbine market. The report data covers historical data from 2020 to 2024, based year in 2025 and forecast data from 2026 to 2032.

The regions and countries in the report include North America, Europe, China, APAC (excl. China), Latin America and Middle East and Africa, covering the Condensing Steam Turbine market conditions and future development trends of key regions and countries, combined with industry-related policies and the latest technological developments, analyze the development characteristics of Condensing Steam Turbine industries in various regions and countries, help companies understand the development characteristics of each region, help companies formulate business strategies, and achieve the ultimate goal of the company's global development strategy.  

The data sources of this report mainly include the National Bureau of Statistics, customs databases, industry associations, corporate financial reports, third-party databases, etc. Among them, macroeconomic data mainly comes from the National Bureau of Statistics, International Economic Research Organization; industry statistical data mainly come from industry associations; company data mainly comes from interviews, public information collection, third-party reliable databases, and price data mainly comes from various markets monitoring database.

Global Key Manufacturers of Condensing Steam Turbine Include:

GE

Siemens

Mitsubishi Hitachi

Doosan Skoda Power

Elliott

MAN

Fuji Electric

Kawasaki

HTC

Ansaldo

Toshiba

Power Machines

Condensing Steam Turbine Product Segment Include:

Above 300 MW

Below 300 MW

Condensing Steam Turbine Product Application Include:

Industrial

Power Generation

Others

Chapter Scope

Chapter 1: Product Research Range, Product Types and Applications, Market Overview, Market Situation and Trends

Chapter 2: Global Condensing Steam Turbine Industry PESTEL Analysis

Chapter 3: Global Condensing Steam Turbine Industry Porter’s Five Forces Analysis

Chapter 4: Global Condensing Steam Turbine Major Regional Market Size (Revenue, Sales, Price) and Forecast Analysis

Chapter 5: Global Condensing Steam Turbine Market Size and Forecast by Type and Application Analysis

Chapter 6: North America Condensing Steam Turbine Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)

Chapter 7: Europe Condensing Steam Turbine Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)

Chapter 8: China Condensing Steam Turbine Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)

Chapter 9: APAC (Excl. China) Condensing Steam Turbine Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)

Chapter 10: Latin America Condensing Steam Turbine Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)

Chapter 11: Middle East and Africa Condensing Steam Turbine Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)

Chapter 12: Global Condensing Steam Turbine Competitive Analysis of Key Manufacturers (Sales, Revenue, Market Share, Price, Regional Distribution and Industry Concentration)

Chapter 13: Key Company Profiles (Product Portfolio, Sales, Revenue, Price and Gross Margin)

Chapter 14: Industrial Chain Analysis, Include Raw Material Suppliers, Distributors and Customers

Chapter 15: Research Findings and Conclusion

Chapter 16: Methodology and Data Sources