Factors Increasing the Demand for Steam Turbine Market 2018

MarketResearchNest.com adds “Global (North America, Europe, Asia-Pacific, South America, Middle East and Africa) Steam Turbine Market 2018, Forecast to 2023” new report to its research database. The report spread across in a 132 pages with table and figures in it.

Steam Turbine is a device that extracts thermal energy from pressurized steam and uses it to do mechanical work on a rotating output shaft.

Scope of the Report: – This report focuses on the Steam Turbine in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.

As for the North America steam turbine industry, the industry structure is relatively concentrated. The top three manufacturers have 75.07% revenue market share in 2015. The USA giant GE, which has 36.17% market share in 2015, is the leader in the North America steam turbine industry. The manufacturers following GE are Siemens and Elliott, which respectively has 34.57% and 8.24% market share in North America region.

The downstream industries of steam turbine products are industrial, power generation and marine. In the recent years, with the recovery of United States economic, the development of emerging country, such as Mexico, and the construction of factory, the consumption increase of steam turbine will be obvious. In the foreseeable future, the steam turbine products will show an optimistic upward trend.

Although sales of steam turbine products bring a lot of opportunities, the study group recommends the new entrants who just have money but without technical advantage, raw materials advantage and downstream support, do not enter into the steam turbine field hastily.

The worldwide market for Steam Turbine is expected to grow at a CAGR of roughly xx% over the next five years, will reach xx million US$ in 2023, from xx million US$ in 2017, according to a new GIR (Global Info Research) study.

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Market Segment by Manufacturers, this report covers: – GE, Siemens, Elliott, Toshiba, Mitsubishi Hitachi Power Systems, MAN

Market Segment by Regions, regional analysis covers

  • North America (United States, Canada and Mexico)
  • Europe (Germany, France, UK, Russia and Italy)
  • Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
  • South America (Brazil, Argentina, Colombia etc.)
  • Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

Market Segment by Type, covers

  • Rated Power (<60MW)
  • Rated Power (60-200MW)
  • Rated Power (>200MW)

Market Segment by Applications, can be divided into

  • Industrial
  • Marine
  • Power Generation

Browse full table of contents and data tables at: https://www.marketresearchnest.com/Global-North-America-Europe-Asia-Pacific-South-America-Middle-East-and-Africa-Steam-Turbine-Market-2018-Forecast-to-2023.html

There are 15 Chapters to deeply display the global Steam Turbine market.

  • Chapter 1, to describe Steam Turbine Introduction, product scope, market overview, market opportunities, market risk, market driving force;
  • Chapter 2, to analyze the top manufacturers of Steam Turbine, with sales, revenue, and price of Steam Turbine, in 2016 and 2017;
  • Chapter 3, to display the competitive situation among the top manufacturers, with sales, revenue and market share in 2016 and 2017;
  • Chapter 4, to show the global market by regions, with sales, revenue and market share of Steam Turbine, for each region, from 2013 to 2018;
  • Chapter 5, 6, 7, 8 and 9, to analyze the market by countries, by type, by application and by manufacturers, with sales, revenue and market share by key countries in these regions;
  • Chapter 10 and 11, to show the market by type and application, with sales market share and growth rate by type, application, from 2013 to 2018;
  • Chapter 12, Steam Turbine market forecast, by regions, type and application, with sales and revenue, from 2018 to 2023;
  • Chapter 13, 14 and 15, to describe Steam Turbine sales channel, distributors, traders, dealers, Research Findings and Conclusion, appendix and data source

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