Global Radial Turbines Market Growth 2024-2030

Global Radial Turbines Market Growth 2024-2030

A radial turbine is a turbine in which the flow of the working fluid is radial to the shaft. The difference between axial and radial turbines consists in the way the fluid flows through the components (compressor and turbine). Whereas for an axial turbine the rotor is 'impacted' by the fluid flow, for a radial turbine, the flow is smoothly orientated perpendicular to the rotation axis, and it drives the turbine in the same way water drives a watermill. The result is less mechanical stress (and less thermal stress, in case of hot working fluids) which enables a radial turbine to be simpler, more robust, and more efficient (in a similar power range) when compared to axial turbines. When it comes to high power ranges (above 5 MW) the radial turbine is no longer competitive (due to its heavy and expensive rotor) and the efficiency becomes similar to that of the axial turbines.

The global Radial Turbines market size is projected to grow from US$ million in 2024 to US$ million in 2030; it is expected to grow at a CAGR of %from 2024 to 2030.

LP Information, Inc. (LPI) ' newest research report, the “Radial Turbines Industry Forecast” looks at past sales and reviews total world Radial Turbines sales in 2023, providing a comprehensive analysis by region and market sector of projected Radial Turbines sales for 2024 through 2030. With Radial Turbines sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Radial Turbines industry.

This Insight Report provides a comprehensive analysis of the global Radial Turbines landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Radial Turbines portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Radial Turbines market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Radial Turbines and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Radial Turbines.

United States market for Radial Turbines is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

China market for Radial Turbines is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

Europe market for Radial Turbines is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

Global key Radial Turbines players cover Atlas Copco, Kobe Steel, Destinus, Exergy, Rotoflow, etc. In terms of revenue, the global two largest companies occupied for a share nearly

% in 2023.

This report presents a comprehensive overview, market shares, and growth opportunities of Radial Turbines market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
up to 500kW
up to 1MW
up to 2MW
Other

Segmentation by Application:
Generate Electricity
Waste heat Recovery

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Atlas Copco
Kobe Steel
Destinus
Exergy
Rotoflow
XHY

Key Questions Addressed in this Report

What is the 10-year outlook for the global Radial Turbines market?

What factors are driving Radial Turbines market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Radial Turbines market opportunities vary by end market size?

How does Radial Turbines break out by Type, by Application?



Please note: The report will take approximately 2 business days to prepare and deliver.