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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Asia-Pacific Large Wind Turbine Market - Growth, Trends, Covid-19 Impact and Forecasts (2023 - 2028)
... market was negatively impacted by COVID-19. Presently, the market has reached pre-pandemic levels. Over the medium period, government policies promoting the development of renewables and increasing investment in wind power projects are expected to drive ... Read More
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Asia-Pacific Steam Turbine Market - Growth, Trends, Covid-19 Impact, and Forecasts (2023 - 2028)
... in Q1 of 2020 negatively impacted the market's growth. Lockdown restrictions imposed by various governments in the region have disrupted the supply chain, and most global manufacturers suffered a massive setback in dispatches and order ... Read More
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Asia-Pacific Gas Turbine Mro Market In The Power Sector - Growth, Trends, Covid-19 Impact, and Forecasts (2023 - 2028)
... during the forecast period. The COVID-19 pandemic had an impact on the market but variably as demand for energy has grown again after the pandemic. Further, the flexible nature of gas plants has protected them ... Read More
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Steam Turbine For Power Generation Market - Growth, Trends, Covid-19 Impact, and Forecasts (2023 - 2028)
... period 2022–2027. The outbreak of COVID-19 in Q1 2020 negatively impacted the market's growth. Lockdown restrictions imposed by various regional governments disrupted the supply chain, and most global manufacturers suffered a massive setback in dispatches ... Read More
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Small Wind Turbine Market - Growth, Trends, Covid-19 Impact, and Forecasts (2023 - 2028)
... million by 2027, at a CAGR of 1.19% during 2022-2027. The COVID-19 pandemic did not have any major impact on the market during 2020. Factors such as lower CAPEX requirements, rising environmental concerns, and demand ... Read More
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Europe Hydro Turbine Market - Growth, Trends, Covid-19 Impact, and Forecasts (2023 - 2028)
... Factors such as increasing demand for energy, a rise in the need for cleaner technologies for power production, and stringent emission policy targets are likely to drive the hydro turbine market. Moreover, hydropower is the ... Read More
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Offshore Wind Turbine Market - Growth, Trends, Covid-19 Impact, and Forecasts (2023 - 2028)
... COVID-19 pandemic declined the overall energy consumption, disrupted the supply chain, and slowed down the economic development worldwide. Most of the equipment and components, such as roller bearings that connect to gearboxes and eventually allow ... Read More
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Europe Wind Turbine Forging Market Forecast to 2028 – COVID-19 Impact and Regional Analysis – by Type (Seamless Rolled Ring and Open Die Forging) and Component (Flanges, Blades, Bearings, Gears, Shafts, and Others)
... wind turbine forging market is expected to grow from US$ 1,420.93 million in 2022 to US$ 2,216.05 million by 2028. It is estimated to grow at a CAGR of 7.7% from 2022 to 2028. Rising ... Read More
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Asia Pacific Wind Turbine Forging Market Forecast to 2028 – COVID-19 Impact and Regional Analysis – by Type (Seamless Rolled Ring and Open Die Forging) and Component (Flanges, Blades, Bearings, Gears, Shafts, and Others)
... Asia Pacific wind turbine forging market is expected to grow from US$ 3,795.16 million in 2022 to US$ 6,204.06 million by 2028. It is estimated to grow at a CAGR of 8.5% from 2022 to ... Read More
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North America Gas Turbine Mro Market In The Power Sector - Growth, Trends, Covid-19 Impact, and Forecasts (2023 - 2028)
... a CAGR of more than 3% during the forecast period, 2022–2027. The COVID-19 pandemic did not have much impact on the market, owing to the fact that electricity production and associated maintenance count as essential ... Read More
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Gas Turbine Market - Growth, Trends, and Forecasts (2023 - 2028)
... COVID-19 pandemic. However, the market has now reached pre-pandemic levels. Factors such as lower operating costs, lower emissions, and high-power density are expected to drive the market's growth. Increasing demand for electricity across the world, ... Read More
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Gas Turbine Market - Growth, Trends, Covid-19 Impact, and Forecasts (2023 - 2028)
... and it doubled within the last two decades. It is expected to grow at twice the pace of energy demand as a whole, in the next 25 years. Moreover, the advancement in technology leading to ... Read More
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Europe Small Wind Turbine Market - Growth, Trends, and Forecasts (2023 - 2028)
... impacted by COVID-19 in 2020. Presently, the market reached pre-pandemic levels. Key Highlights In the medium term, advancements in technology leading to wind turbine manufacturing cost reduction and increase in efficiency have been major factors ... Read More
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Naval Gas Turbine Market - Growth, Trends, Covid-19 Impact, and Forecasts (2023 - 2028)
... significantly affected the Naval Gas Turbine Market. The onset of COVID-19 led to lockdowns in various countries, which led to travel restrictions and shortages in components for manufacturing naval gas turbines, leading to delays in ... Read More
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Asia-Pacific Gas Turbine Market - Growth, Trends, Covid-19 Impact, and Forecasts (2023 - 2028)
... market is witnessing a significant growth driven by the increasing demand for natural gas-fired power plants, demand for liquefied natural gas (LNG) supplied through both pipelines and ships, increasing demand for electricity, and targets to ... Read More
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Global Pump Hydro Turbine Market Growth 2023-2029
... comprehensive analysis by region and market sector of projected Pump Hydro Turbine sales for 2023 through 2029. With Pump Hydro Turbine sales broken down by region, market sector and sub-sector, this report provides a detailed ... Read More
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Global The Turbine Flowmeter Market Growth 2023-2029
... or total amount of the meter. LPI (LP Information)' newest research report, the “The Turbine Flowmeter Industry Forecast” looks at past sales and reviews total world The Turbine Flowmeter sales in 2022, providing a comprehensive ... Read More
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Global Hydro Turbines Market Growth 2023-2029
... a response to water being introduced to their blades. These turbines are essential in the area of hydropower - the process of generating power from water. LPI (LP Information)' newest research report, the “Hydro Turbines ... Read More
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2023 Global: Aircraft Micro Turbine Engine - Innovative Markets Forecast (2029) report
... the period 2018 through 2029. Perry/Hope Partners' reports provide the most accurate industry forecasts based on our proprietary economic models. Our forecasts project the product market size nationally and by regions for 2018 to 2029 ... Read More
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Global Wind Turbine Rotor Blade Market Size study & Forecast, by Material Type (Glass Fiber, Carbon Fiber) by Blade Size (<27 Meter, 27-37 Meter, 38-50 Meter, and >50 Meter), and Regional Analysis, 2022-2029
... at approximately USD XXX billion in 2021 and is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2022-2029. In terms of performance and cost of the wind ... Read More
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Offshore Wind Energy Market Size By Component (Turbine {Rating (≤ 2 MW, >2 ≤ 5 MW, > 5 ≤ 8 MW, > 8 ≤ 10 MW, > 10 ≤ 12 MW, > 12 MW), Installation (Floating {Axis {Horizontal (HAWTs) [Up-Wind, Down-Wind], Vertical (VAWTs)}, Component [Blades, Tower]}, Fixed {Axis [Horizontal (HAWTs) [Up-Wind, Down-Wind], Vertical (VAWTs)], Component [Blades, Tower]), Support Structure (Substructure (Steel), Foundation {Monopile, Jacket}), Electrical Infrastructure (Wires & Cables, Substation)), By Depth (> 0 to ≤ 30 m, > 30 to ≤ 50 m, > 50 m), COVID-19 Impact Analysis, Regional Outlook, Application Potential, Price Trend, Competitive Market Share & Forecast, 2022 - 2032
... (Floating {Axis {Horizontal (HAWTs) [Up-Wind, Down-Wind], Vertical (VAWTs)}, Component [Blades, Tower]}, Fixed {Axis [Horizontal (HAWTs) [Up-Wind, Down-Wind], Vertical (VAWTs)], Component [Blades, Tower]), Support Structure (Substructure (Steel), Foundation {Monopile, Jacket}), Electrical Infrastructure (Wires & Cables, Substation)), ... Read More
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Global Turbine Gear Boxes Market Growth 2023-2029
... about 90:1, with a rate 16.7 rpm input from the rotor to 1,500 rpm output for the generator. It is important to ensure that the drivetrain effectively isolates the gearbox, or to ensure that the ... Read More
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Global Microturbines Market Growth 2023-2029
... as diesel, natural gas, biogas, alcohol, hydrogen, and LPG, emitting negligible toxicity. Microturbines can generate LPI (LP Information)' newest research report, the “Microturbines Industry Forecast” looks at past sales and reviews total world Microturbines sales ... Read More
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Global Helium Turboexpander Market Growth 2023-2029
... region and market sector of projected Helium Turboexpander sales for 2023 through 2029. With Helium Turboexpander sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of ... Read More
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Global Dental Handpiece Air Turbines Market Growth 2023-2029
... by speed range (high speed or low speed) which determines the applications that are suitable. Typical high speed applications include cutting tooth structure and finishing restorations while low speed handpieces have a range of applications ... Read More
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