Turbines Market Research Reports & Industry Analysis
The simplest turbines have one moving part, a rotor assembly, which is a shaft or drum with blades attached. Moving fluid acts on the blades, or the blades react to the flow, so that they move and impart rotational energy to the rotor. Early turbine examples are windmills and water wheels.
The latest U.S. census estimates indicate that there are more than 16,000 companies operating in the NAICS codes identified for wind turbine components and these companies employ more than 1 million employees, with an annual payroll of more than $35 billion. But with the U.S. still in recession recovery mode, these businesses are rapidly finding ways to cut costs and streamline payroll. Meanwhile, the shortage of wind turbines supply domestically is leading to an accelerating demand for new production.
Turbines Industry Research & Market Reports
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Wind Turbine Shaft
... at a CAGR of 5.4% over the analysis period 2024-2030. Generator Shaft, one of the segments analyzed in the report, is expected to record a 5.8% CAGR and reach US$5.2 Billion by the end of ... Read More
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Wind Turbine Foundation
... at a CAGR of 4.5% over the analysis period 2024-2030. Onshore Wind Turbine Foundation, one of the segments analyzed in the report, is expected to record a 4.3% CAGR and reach US$26.0 Billion by the ... Read More
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Turbogenerators
... 1.4% over the analysis period 2024-2030. Coal-Fired Power Plants, one of the segments analyzed in the report, is expected to record a 1.2% CAGR and reach US$4.9 Billion by the end of the analysis period. ... Read More
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Turboexpanders
... 4.9% over the analysis period 2024-2030. Radial Flow Turboexpanders, one of the segments analyzed in the report, is expected to record a 4.7% CAGR and reach US$806.2 Million by the end of the analysis period. ... Read More
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Turbine Control Systems
... at a CAGR of 4.6% over the analysis period 2024-2030. Controllers Component, one of the segments analyzed in the report, is expected to record a 5.8% CAGR and reach US$8.1 Billion by the end of ... Read More
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Gear Oils
... CAGR of 2.4% over the analysis period 2024-2030. Mineral Oil, one of the segments analyzed in the report, is expected to record a 2.6% CAGR and reach US$5.0 Billion by the end of the analysis ... Read More
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Wind Turbine Gear Oils
... 2030, growing at a CAGR of 6.5% over the analysis period 2024-2030. Synthetic Gear Oil, one of the segments analyzed in the report, is expected to record a 7.3% CAGR and reach US$330.2 Million by ... Read More
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Wind Turbine Inspection Drones
... 2030, growing at a CAGR of 12.8% over the analysis period 2024-2030. Drone Solutions, one of the segments analyzed in the report, is expected to record a 13.6% CAGR and reach US$138.4 Billion by the ... Read More
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Wind Turbine Operations and Maintenance
... Billion by 2030, growing at a CAGR of 7.1% over the analysis period 2024-2030. Onshore Wind Turbine O&M Application, one of the segments analyzed in the report, is expected to record a 4.6% CAGR and ... Read More
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Wind Turbine Brakes
... at a CAGR of 3.2% over the analysis period 2024-2030. Mechanical Brakes, one of the segments analyzed in the report, is expected to record a 3.5% CAGR and reach US$1.6 Billion by the end of ... Read More
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Wind Turbine Gearbox
... at a CAGR of 6.5% over the analysis period 2024-2030. Replacement Gearbox, one of the segments analyzed in the report, is expected to record a 7.0% CAGR and reach US$17.6 Billion by the end of ... Read More
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Gas Turbines
... CAGR of 5.1% over the analysis period 2024-2030. Combined Cycle Gas Turbines, one of the segments analyzed in the report, is expected to record a 5.4% CAGR and reach US$28.8 Billion by the end of ... Read More
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Microturbines
... 8.4% over the analysis period 2024-2030. 12 KW–50 KW Microturbines, one of the segments analyzed in the report, is expected to record a 5.7% CAGR and reach US$13.2 Million by the end of the analysis ... Read More
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Cogeneration Equipment
... CAGR of 9.0% over the analysis period 2024-2030. Natural Gas Fuel, one of the segments analyzed in the report, is expected to record a 9.7% CAGR and reach US$34.3 Billion by the end of the ... Read More
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Steam Turbines
... CAGR of 3.5% over the analysis period 2024-2030. Up to 150 MW Capacity Steam Turbines, one of the segments analyzed in the report, is expected to record a 4.0% CAGR and reach US$5.3 Billion by ... Read More
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Turbine Inlet Cooling Systems
... 2030, growing at a CAGR of 4.6% over the analysis period 2024-2030. Mechanical Chillers Technology, one of the segments analyzed in the report, is expected to record a 4.5% CAGR and reach US$2.9 Billion by ... Read More
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Air Starters
... CAGR of 3.8% over the analysis period 2024-2030. Turbine Air Starters, one of the segments analyzed in the report, is expected to record a 4.2% CAGR and reach US$320.9 Million by the end of the ... Read More
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Gas Turbine Upgrades For Performance Enhancement
... reach US$28.4 Billion by 2030, growing at a CAGR of 6.0% over the analysis period 2024-2030. Combined Cycle Turbine, one of the segments analyzed in the report, is expected to record a 6.3% CAGR and ... Read More
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Torque Converters
... CAGR of 4.0% over the analysis period 2024-2030. Automated Manual Transmission (AMT), one of the segments analyzed in the report, is expected to record a 3.4% CAGR and reach US$3.7 Billion by the end of ... Read More
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Turbines
... 5.7% over the analysis period 2024-2030. Wind Turbines, one of the segments analyzed in the report, is expected to record a 8.7% CAGR and reach US$99.4 Billion by the end of the analysis period. Growth ... Read More
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Wind Turbine Decommissioning Services
... 2030, growing at a CAGR of 12.2% over the analysis period 2024-2030. Large Wind Turbine Decommissioning Services, one of the segments analyzed in the report, is expected to record a 11.2% CAGR and reach US$1.8 ... Read More
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Aircraft Micro Turbine Engines
... 2030, growing at a CAGR of 4.9% over the analysis period 2024-2030. Turboshaft Engine, one of the segments analyzed in the report, is expected to record a 5.5% CAGR and reach US$2.5 Billion by the ... Read More
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Turbine Oils
... CAGR of 5.8% over the analysis period 2024-2030. Mineral Oil-based Turbine Oil, one of the segments analyzed in the report, is expected to record a 5.8% CAGR and reach US$921.2 Million by the end of ... Read More
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Global Wind Turbine Components Market 2025-2029
... turbine components market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors. The report offers an up-to-date analysis regarding the current market ... Read More
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Power Inverter Market Report by Type (<5KW, 5KW to 95KW, 100KW to 495KW, Above 500KW), Application (Motor Drives, Uninterruptible Power Supply (UPS), Rail Traction, Wind Turbines, Electric Vehicles/Hybrid Electric Vehicles (EVs/HEVs), Solar PVs, and Others), End-Use Sector (Utility, Residential, Commercial and Industrial), and Region 2025-2033
... growth rate (CAGR) of 4.4% during 2025-2033. Power inverters are electric devices that transform direct current (DC) into alternating current (AC). Unlike generators, power inverters offer low operating cost and eliminate the inconvenience of using ... Read More
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