Global Turbines Market Overview

Global Turbines Market size was valued at 271.34 Thousand MW in 2022, and is projected to reach 388.84 Thousand MW by 2030, growing at a CAGR of 4.6% from 2023 to 2030

A turbine is a device that turns the kinetic energy of water, steam, air and combustion gases into the rotational motion of itself. Turbines are generally used in electrical generation, engines, and propulsion systems. Turbines are also referred as turbomachines owning to their ability to modify and transfer energy. A simple turbine is equipped with metal blades which are pushed by the fluid that enters the turbine. These blades spin capturing some of the energy in the form of rotational motion further this rotational motion is converted into electric energy.

Turbines have its application in different areas, and each type of turbine has a slightly different design and construction to perform its specific job. Turbines have its application in wind power, hydropower, in heat engines, and for propulsion. Green electricity applications of Turbines include wind turbines and water turbines which are used in applications for wind power and tidal power. Turbines are extremely important as the huge chunk of electricity is being produced through the turbines and nearly all electricity is produced by turning mechanical energy from a turbine into electrical energy making it a large contributor of industrialization. Hence, the market for turbines is expanding globally owing to the growth in demand for electricity and rise in production of turbine engines.

Market Dynamics and Factors of the Turbines Market

Drivers:

  • Reduction In Overall Cost Power Generation Due To Improved Materials and Designs in Addition To Favorable Government Policies and Incentives In Order To Meet Lifted Electricity Demands In Emerging Countries

Restraints:

  • The Market For Gas Turbines Faces Difficulty Due To Limited Natural Gas Sources and Investments In Renewable Energy Due To Changing Focus Towards Environmentally Friendly Energy Sources

Opportunities:

  • Depleting Fossil Fuel Reserves, Growing Sensitivity Toward Environmental Issues and Global Interest To Have Alternate Sources of Renewable Energy

Regional Analysis Of Turbines Market

Asia Pacific region has a paramount turbines market with large number of renewable energy operations going on. Asia Pacific is undergoing various huge wind, hydro, coal, and nuclear-powered projects because of the urbanization and lifted industrial activities across the countries like China, Singapore, India, etc. Asia Pacific Countries like China and India are prominent countries within the region with the majority of market share of turbines. Asia Pacific is estimated to be the fastest growing turbines market during the forecast period, investments in new large wind and gas-based power generation plants and large coal-fired plants are been made in order to match rising electricity demand which eventually is driving the growth of turbines market in the region.

COVID-19 Impact on the Turbines Market

Due to COVID-19, most industries across the world have been negatively impacted. The same is experienced by manufacturing and supply-chain operations of those industries as a result of strict lockdowns posed by government across the globe. The manufacturing of wind turbine was also halted for a specific period during high peak of COVID-19, which highly impacted the wind turbine market by lowering its sales.

Furthermore, Imposition on import and export activities adversely affected the industries using wind turbine, thereby affecting the global market for turbines. As per, United Nations Industrial Development Organization a large number of workforces migrated away from the manufacturing sites (most, towards their hometowns) during the lockdown. Thus, less availability of workforce directly affected the production and manufacturing activities, thereby resulting in decline in demand for raw material also. However, as respective governments begin to lift the enforced lockdowns, the global Turbine market has also started recovering after 2020.

Top Key Players Covered In the Turbines Market

  • Goldwind(China)
  • Vestas (Denmark)
  • Mitsubishi Power (Japan)
  • Envision Group (China)
  • Tata Power Renewable Energy (India)
  • SGRE (Germany)
  • GE (USA)
  • Siemens Energy Pte Ltd (Singapore)
  • Nordex (Germany)
  • DONGFANG TURBINE CO., LTD (China)
  • PacWind (USA)
  • Windey (China)
  • ENERCON (Germany)
  • Mingyang (China)
  • CSIC Haizhuang (China)
  • Zhejiang Windey Co (China)
  • WIX (Brazil) and Other Key Players

Key Industry Developments in the Turbines Market

In August 2022, Goldwind commenced construction of its 1600-ton wind turbine installation vessel in Nantong, Jiangsu Province. The installation vessel adopts the integrated mode of “transport + storage + lifting," with industry-leading cranes and further boasts the largest variable load capacity and turbine storage capacity in China and can optimize the construction of offshore wind power projects in the deep sea, this project will accelerate the development of offshore wind power at affordable prices by improving the lifting efficiency of turbine components while reducing the construction cost.

Global Turbines Market

Base Year:

2022

Forecast Period:

2023-2030

Historical Data:

2016 to 2021

Market Size in 2022:

271.34 Thousand MW

Forecast Period 2022-28 CAGR:

4.6%

Market Size in 2030:

388.84 Thousand MW

Segments Covered:

By Product Type

  • Hydropower
  • Wind
  • Steam
  • Gas
  • Nuclear

By End User

  • Power Generation
  • Power Storage
  • Marine
  • Aeronautics

 

By Region

  • North America (U.S., Canada, Mexico)
  • Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
  • Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC)
  • Middle East & Africa (Turkey, Saudi Arabia, Iran, UAE, Africa, Rest of MEA)
  • South America (Brazil, Argentina, Rest of SA)

Key Market Drivers:

  • Reduction in overall cost of power generation due to improved materials and designs in addition to favorable government policies and incentives.

Key Market Restraints:

  • The market for gas turbines faces difficulty due to limited natural gas sources and investments in renewable energy due to changing focus towards environmentally friendly energy sources.

Key Opportunities:

  • Depleting Fossil Fuel Reserves, Growing Sensitivity Toward Environmental Issues and Global Interest To Have Alternate Sources of Renewable Energy

Companies Covered in the report:

  • Goldwind (China), Vestas (Denmark), Mitsubishi Power (Japan), Envision Group (China), Tata Power Renewable Energy (India), And Other Key Players.

Chapter 1: Introduction
 1.1 Research Objectives
 1.2 Research Methodology
 1.3 Research Process
 1.4 Scope and Coverage
  1.4.1 Market Definition
  1.4.2 Key Questions Answered
 1.5 Market Segmentation

Chapter 2:Executive Summary

Chapter 3:Growth Opportunities By Segment
 3.1 By Type
 3.2 By End User

Chapter 4: Market Landscape
 4.1 Porter's Five Forces Analysis
  4.1.1 Bargaining Power of Supplier
  4.1.2 Threat of New Entrants
  4.1.3 Threat of Substitutes
  4.1.4 Competitive Rivalry
  4.1.5 Bargaining Power Among Buyers
 4.2 Industry Value Chain Analysis
 4.3 Market Dynamics
  4.3.1 Drivers
  4.3.2 Restraints
  4.3.3 Opportunities
  4.5.4 Challenges
 4.4 Pestle Analysis
 4.5 Technological Roadmap
 4.6 Regulatory Landscape
 4.7 SWOT Analysis
 4.8 Price Trend Analysis
 4.9 Patent Analysis
 4.10 Analysis of the Impact of Covid-19
  4.10.1 Impact on the Overall Market
  4.10.2 Impact on the Supply Chain
  4.10.3 Impact on the Key Manufacturers
  4.10.4 Impact on the Pricing

Chapter 5: Turbines Market by Type
 5.1 Turbines Market Overview Snapshot and Growth Engine
 5.2 Turbines Market Overview
 5.3 Hydropower
  5.3.1 Introduction and Market Overview
  5.3.2 Historic and Forecasted Market Size (2016-2028F)
  5.3.3 Key Market Trends, Growth Factors and Opportunities
  5.3.4 Hydropower: Geographic Segmentation
 5.4 Wind
  5.4.1 Introduction and Market Overview
  5.4.2 Historic and Forecasted Market Size (2016-2028F)
  5.4.3 Key Market Trends, Growth Factors and Opportunities
  5.4.4 Wind: Geographic Segmentation
 5.5 Steam
  5.5.1 Introduction and Market Overview
  5.5.2 Historic and Forecasted Market Size (2016-2028F)
  5.5.3 Key Market Trends, Growth Factors and Opportunities
  5.5.4 Steam: Geographic Segmentation
 5.6 Gas
  5.6.1 Introduction and Market Overview
  5.6.2 Historic and Forecasted Market Size (2016-2028F)
  5.6.3 Key Market Trends, Growth Factors and Opportunities
  5.6.4 Gas: Geographic Segmentation
 5.7 Nuclear
  5.7.1 Introduction and Market Overview
  5.7.2 Historic and Forecasted Market Size (2016-2028F)
  5.7.3 Key Market Trends, Growth Factors and Opportunities
  5.7.4 Nuclear: Geographic Segmentation

Chapter 6: Turbines Market by End User
 6.1 Turbines Market Overview Snapshot and Growth Engine
 6.2 Turbines Market Overview
 6.3 Power Generation
  6.3.1 Introduction and Market Overview
  6.3.2 Historic and Forecasted Market Size (2016-2028F)
  6.3.3 Key Market Trends, Growth Factors and Opportunities
  6.3.4 Power Generation: Geographic Segmentation
 6.4 Power Storage
  6.4.1 Introduction and Market Overview
  6.4.2 Historic and Forecasted Market Size (2016-2028F)
  6.4.3 Key Market Trends, Growth Factors and Opportunities
  6.4.4 Power Storage: Geographic Segmentation
 6.5 Marine
  6.5.1 Introduction and Market Overview
  6.5.2 Historic and Forecasted Market Size (2016-2028F)
  6.5.3 Key Market Trends, Growth Factors and Opportunities
  6.5.4 Marine: Geographic Segmentation
 6.6 Aeronautics
  6.6.1 Introduction and Market Overview
  6.6.2 Historic and Forecasted Market Size (2016-2028F)
  6.6.3 Key Market Trends, Growth Factors and Opportunities
  6.6.4 Aeronautics: Geographic Segmentation

Chapter 7: Company Profiles and Competitive Analysis
 7.1 Competitive Landscape
  7.1.1 Competitive Positioning
  7.1.2 Turbines Sales and Market Share By Players
  7.1.3 Industry BCG Matrix
  7.1.4 Heat Map Analysis
  7.1.5 Turbines Industry Concentration Ratio (CR5 and HHI)
  7.1.6 Top 5 Turbines Players Market Share
  7.1.7 Mergers and Acquisitions
  7.1.8 Business Strategies By Top Players
 7.2 GOLDWIND (CHINA)
  7.2.1 Company Overview
  7.2.2 Key Executives
  7.2.3 Company Snapshot
  7.2.4 Operating Business Segments
  7.2.5 Product Portfolio
  7.2.6 Business Performance
  7.2.7 Key Strategic Moves and Recent Developments
  7.2.8 SWOT Analysis
 7.3 VESTAS (DENMARK)
 7.4 MITSUBISHI POWER (JAPAN)
 7.5 ENVISION GROUP (CHINA)
 7.6 TATA POWER RENEWABLE ENERGY (INDIA)
 7.7 SGRE. (GERMANY)
 7.8 GE. (USA)
 7.9 SIEMENS ENERGY PTE. LTD. (SINGAPORE)
 7.10 NORDEX (GERMANY)
 7.11 DONGFANG TURBINE CO. LTD. (CHINA)
 7.12 PACWIND (USA)
 7.13 WINDEY (CHINA)
 7.14 ENERCON (GERMANY)
 7.15 MINGYANG (CHINA)
 7.16 CSIC HAIZHUANG (CHINA)
 7.17 ZHEJIANG WINDEY CO (CHINA)
 7.18 WEG (BRAZIL)
 7.19 OTHER MAJOR PLAYERS

Chapter 8: Global Turbines Market Analysis, Insights and Forecast, 2016-2028
 8.1 Market Overview
 8.2 Historic and Forecasted Market Size By Type
  8.2.1 Hydropower
  8.2.2 Wind
  8.2.3 Steam
  8.2.4 Gas
  8.2.5 Nuclear
 8.3 Historic and Forecasted Market Size By End User
  8.3.1 Power Generation
  8.3.2 Power Storage
  8.3.3 Marine
  8.3.4 Aeronautics

Chapter 9: North America Turbines Market Analysis, Insights and Forecast, 2016-2028
 9.1 Key Market Trends, Growth Factors and Opportunities
 9.2 Impact of Covid-19
 9.3 Key Players
 9.4 Key Market Trends, Growth Factors and Opportunities
 9.4 Historic and Forecasted Market Size By Type
  9.4.1 Hydropower
  9.4.2 Wind
  9.4.3 Steam
  9.4.4 Gas
  9.4.5 Nuclear
 9.5 Historic and Forecasted Market Size By End User
  9.5.1 Power Generation
  9.5.2 Power Storage
  9.5.3 Marine
  9.5.4 Aeronautics
 9.6 Historic and Forecast Market Size by Country
  9.6.1 U.S.
  9.6.2 Canada
  9.6.3 Mexico

Chapter 10: Europe Turbines Market Analysis, Insights and Forecast, 2016-2028
 10.1 Key Market Trends, Growth Factors and Opportunities
 10.2 Impact of Covid-19
 10.3 Key Players
 10.4 Key Market Trends, Growth Factors and Opportunities
 10.4 Historic and Forecasted Market Size By Type
  10.4.1 Hydropower
  10.4.2 Wind
  10.4.3 Steam
  10.4.4 Gas
  10.4.5 Nuclear
 10.5 Historic and Forecasted Market Size By End User
  10.5.1 Power Generation
  10.5.2 Power Storage
  10.5.3 Marine
  10.5.4 Aeronautics
 10.6 Historic and Forecast Market Size by Country
  10.6.1 Germany
  10.6.2 U.K.
  10.6.3 France
  10.6.4 Italy
  10.6.5 Russia
  10.6.6 Spain
  10.6.7 Rest of Europe

Chapter 11: Asia-Pacific Turbines Market Analysis, Insights and Forecast, 2016-2028
 11.1 Key Market Trends, Growth Factors and Opportunities
 11.2 Impact of Covid-19
 11.3 Key Players
 11.4 Key Market Trends, Growth Factors and Opportunities
 11.4 Historic and Forecasted Market Size By Type
  11.4.1 Hydropower
  11.4.2 Wind
  11.4.3 Steam
  11.4.4 Gas
  11.4.5 Nuclear
 11.5 Historic and Forecasted Market Size By End User
  11.5.1 Power Generation
  11.5.2 Power Storage
  11.5.3 Marine
  11.5.4 Aeronautics
 11.6 Historic and Forecast Market Size by Country
  11.6.1 China
  11.6.2 India
  11.6.3 Japan
  11.6.4 Singapore
  11.6.5 Australia
  11.6.6 New Zealand
  11.6.7 Rest of APAC

Chapter 12: Middle East & Africa Turbines Market Analysis, Insights and Forecast, 2016-2028
 12.1 Key Market Trends, Growth Factors and Opportunities
 12.2 Impact of Covid-19
 12.3 Key Players
 12.4 Key Market Trends, Growth Factors and Opportunities
 12.4 Historic and Forecasted Market Size By Type
  12.4.1 Hydropower
  12.4.2 Wind
  12.4.3 Steam
  12.4.4 Gas
  12.4.5 Nuclear
 12.5 Historic and Forecasted Market Size By End User
  12.5.1 Power Generation
  12.5.2 Power Storage
  12.5.3 Marine
  12.5.4 Aeronautics
 12.6 Historic and Forecast Market Size by Country
  12.6.1 Turkey
  12.6.2 Saudi Arabia
  12.6.3 Iran
  12.6.4 UAE
  12.6.5 Africa
  12.6.6 Rest of MEA

Chapter 13: South America Turbines Market Analysis, Insights and Forecast, 2016-2028
 13.1 Key Market Trends, Growth Factors and Opportunities
 13.2 Impact of Covid-19
 13.3 Key Players
 13.4 Key Market Trends, Growth Factors and Opportunities
 13.4 Historic and Forecasted Market Size By Type
  13.4.1 Hydropower
  13.4.2 Wind
  13.4.3 Steam
  13.4.4 Gas
  13.4.5 Nuclear
 13.5 Historic and Forecasted Market Size By End User
  13.5.1 Power Generation
  13.5.2 Power Storage
  13.5.3 Marine
  13.5.4 Aeronautics
 13.6 Historic and Forecast Market Size by Country
  13.6.1 Brazil
  13.6.2 Argentina
  13.6.3 Rest of SA

Chapter 14 Investment Analysis

Chapter 15 Analyst Viewpoint and Conclusion

Global Turbines Market

Base Year:

2022

Forecast Period:

2023-2030

Historical Data:

2016 to 2021

Market Size in 2022:

271.34 Thousand MW

Forecast Period 2022-28 CAGR:

4.6%

Market Size in 2030:

388.84 Thousand MW

Segments Covered:

By Product Type

  • Hydropower
  • Wind
  • Steam
  • Gas
  • Nuclear

By End User

  • Power Generation
  • Power Storage
  • Marine
  • Aeronautics

 

By Region

  • North America (U.S., Canada, Mexico)
  • Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
  • Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC)
  • Middle East & Africa (Turkey, Saudi Arabia, Iran, UAE, Africa, Rest of MEA)
  • South America (Brazil, Argentina, Rest of SA)

Key Market Drivers:

  • Reduction in overall cost of power generation due to improved materials and designs in addition to favorable government policies and incentives.

Key Market Restraints:

  • The market for gas turbines faces difficulty due to limited natural gas sources and investments in renewable energy due to changing focus towards environmentally friendly energy sources.

Key Opportunities:

  • Depleting Fossil Fuel Reserves, Growing Sensitivity Toward Environmental Issues and Global Interest To Have Alternate Sources of Renewable Energy

Companies Covered in the report:

  • Goldwind (China), Vestas (Denmark), Mitsubishi Power (Japan), Envision Group (China), Tata Power Renewable Energy (India), And Other Key Players.

LIST OF TABLES

TABLE 001. EXECUTIVE SUMMARY
TABLE 002. TURBINES MARKET BARGAINING POWER OF SUPPLIERS
TABLE 003. TURBINES MARKET BARGAINING POWER OF CUSTOMERS
TABLE 004. TURBINES MARKET COMPETITIVE RIVALRY
TABLE 005. TURBINES MARKET THREAT OF NEW ENTRANTS
TABLE 006. TURBINES MARKET THREAT OF SUBSTITUTES
TABLE 007. TURBINES MARKET BY TYPE
TABLE 008. HYDROPOWER MARKET OVERVIEW (2016-2028)
TABLE 009. WIND MARKET OVERVIEW (2016-2028)
TABLE 010. STEAM MARKET OVERVIEW (2016-2028)
TABLE 011. GAS MARKET OVERVIEW (2016-2028)
TABLE 012. NUCLEAR MARKET OVERVIEW (2016-2028)
TABLE 013. TURBINES MARKET BY END USER
TABLE 014. POWER GENERATION MARKET OVERVIEW (2016-2028)
TABLE 015. POWER STORAGE MARKET OVERVIEW (2016-2028)
TABLE 016. MARINE MARKET OVERVIEW (2016-2028)
TABLE 017. AERONAUTICS MARKET OVERVIEW (2016-2028)
TABLE 018. NORTH AMERICA TURBINES MARKET, BY TYPE (2016-2028)
TABLE 019. NORTH AMERICA TURBINES MARKET, BY END USER (2016-2028)
TABLE 020. N TURBINES MARKET, BY COUNTRY (2016-2028)
TABLE 021. EUROPE TURBINES MARKET, BY TYPE (2016-2028)
TABLE 022. EUROPE TURBINES MARKET, BY END USER (2016-2028)
TABLE 023. TURBINES MARKET, BY COUNTRY (2016-2028)
TABLE 024. ASIA PACIFIC TURBINES MARKET, BY TYPE (2016-2028)
TABLE 025. ASIA PACIFIC TURBINES MARKET, BY END USER (2016-2028)
TABLE 026. TURBINES MARKET, BY COUNTRY (2016-2028)
TABLE 027. MIDDLE EAST & AFRICA TURBINES MARKET, BY TYPE (2016-2028)
TABLE 028. MIDDLE EAST & AFRICA TURBINES MARKET, BY END USER (2016-2028)
TABLE 029. TURBINES MARKET, BY COUNTRY (2016-2028)
TABLE 030. SOUTH AMERICA TURBINES MARKET, BY TYPE (2016-2028)
TABLE 031. SOUTH AMERICA TURBINES MARKET, BY END USER (2016-2028)
TABLE 032. TURBINES MARKET, BY COUNTRY (2016-2028)
TABLE 033. GOLDWIND (CHINA): SNAPSHOT
TABLE 034. GOLDWIND (CHINA): BUSINESS PERFORMANCE
TABLE 035. GOLDWIND (CHINA): PRODUCT PORTFOLIO
TABLE 036. GOLDWIND (CHINA): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 036. VESTAS (DENMARK): SNAPSHOT
TABLE 037. VESTAS (DENMARK): BUSINESS PERFORMANCE
TABLE 038. VESTAS (DENMARK): PRODUCT PORTFOLIO
TABLE 039. VESTAS (DENMARK): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 039. MITSUBISHI POWER (JAPAN): SNAPSHOT
TABLE 040. MITSUBISHI POWER (JAPAN): BUSINESS PERFORMANCE
TABLE 041. MITSUBISHI POWER (JAPAN): PRODUCT PORTFOLIO
TABLE 042. MITSUBISHI POWER (JAPAN): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 042. ENVISION GROUP (CHINA): SNAPSHOT
TABLE 043. ENVISION GROUP (CHINA): BUSINESS PERFORMANCE
TABLE 044. ENVISION GROUP (CHINA): PRODUCT PORTFOLIO
TABLE 045. ENVISION GROUP (CHINA): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 045. TATA POWER RENEWABLE ENERGY (INDIA): SNAPSHOT
TABLE 046. TATA POWER RENEWABLE ENERGY (INDIA): BUSINESS PERFORMANCE
TABLE 047. TATA POWER RENEWABLE ENERGY (INDIA): PRODUCT PORTFOLIO
TABLE 048. TATA POWER RENEWABLE ENERGY (INDIA): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 048. SGRE. (GERMANY): SNAPSHOT
TABLE 049. SGRE. (GERMANY): BUSINESS PERFORMANCE
TABLE 050. SGRE. (GERMANY): PRODUCT PORTFOLIO
TABLE 051. SGRE. (GERMANY): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 051. GE. (USA): SNAPSHOT
TABLE 052. GE. (USA): BUSINESS PERFORMANCE
TABLE 053. GE. (USA): PRODUCT PORTFOLIO
TABLE 054. GE. (USA): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 054. SIEMENS ENERGY PTE. LTD. (SINGAPORE): SNAPSHOT
TABLE 055. SIEMENS ENERGY PTE. LTD. (SINGAPORE): BUSINESS PERFORMANCE
TABLE 056. SIEMENS ENERGY PTE. LTD. (SINGAPORE): PRODUCT PORTFOLIO
TABLE 057. SIEMENS ENERGY PTE. LTD. (SINGAPORE): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 057. NORDEX (GERMANY): SNAPSHOT
TABLE 058. NORDEX (GERMANY): BUSINESS PERFORMANCE
TABLE 059. NORDEX (GERMANY): PRODUCT PORTFOLIO
TABLE 060. NORDEX (GERMANY): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 060. DONGFANG TURBINE CO. LTD. (CHINA): SNAPSHOT
TABLE 061. DONGFANG TURBINE CO. LTD. (CHINA): BUSINESS PERFORMANCE
TABLE 062. DONGFANG TURBINE CO. LTD. (CHINA): PRODUCT PORTFOLIO
TABLE 063. DONGFANG TURBINE CO. LTD. (CHINA): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 063. PACWIND (USA): SNAPSHOT
TABLE 064. PACWIND (USA): BUSINESS PERFORMANCE
TABLE 065. PACWIND (USA): PRODUCT PORTFOLIO
TABLE 066. PACWIND (USA): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 066. WINDEY (CHINA): SNAPSHOT
TABLE 067. WINDEY (CHINA): BUSINESS PERFORMANCE
TABLE 068. WINDEY (CHINA): PRODUCT PORTFOLIO
TABLE 069. WINDEY (CHINA): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 069. ENERCON (GERMANY): SNAPSHOT
TABLE 070. ENERCON (GERMANY): BUSINESS PERFORMANCE
TABLE 071. ENERCON (GERMANY): PRODUCT PORTFOLIO
TABLE 072. ENERCON (GERMANY): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 072. MINGYANG (CHINA): SNAPSHOT
TABLE 073. MINGYANG (CHINA): BUSINESS PERFORMANCE
TABLE 074. MINGYANG (CHINA): PRODUCT PORTFOLIO
TABLE 075. MINGYANG (CHINA): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 075. CSIC HAIZHUANG (CHINA): SNAPSHOT
TABLE 076. CSIC HAIZHUANG (CHINA): BUSINESS PERFORMANCE
TABLE 077. CSIC HAIZHUANG (CHINA): PRODUCT PORTFOLIO
TABLE 078. CSIC HAIZHUANG (CHINA): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 078. ZHEJIANG WINDEY CO (CHINA): SNAPSHOT
TABLE 079. ZHEJIANG WINDEY CO (CHINA): BUSINESS PERFORMANCE
TABLE 080. ZHEJIANG WINDEY CO (CHINA): PRODUCT PORTFOLIO
TABLE 081. ZHEJIANG WINDEY CO (CHINA): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 081. WEG (BRAZIL): SNAPSHOT
TABLE 082. WEG (BRAZIL): BUSINESS PERFORMANCE
TABLE 083. WEG (BRAZIL): PRODUCT PORTFOLIO
TABLE 084. WEG (BRAZIL): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 084. OTHER MAJOR PLAYERS: SNAPSHOT
TABLE 085. OTHER MAJOR PLAYERS: BUSINESS PERFORMANCE
TABLE 086. OTHER MAJOR PLAYERS: PRODUCT PORTFOLIO
TABLE 087. OTHER MAJOR PLAYERS: KEY STRATEGIC MOVES AND DEVELOPMENTS

LIST OF FIGURES

FIGURE 001. YEARS CONSIDERED FOR ANALYSIS
FIGURE 002. SCOPE OF THE STUDY
FIGURE 003. TURBINES MARKET OVERVIEW BY REGIONS
FIGURE 004. PORTER'S FIVE FORCES ANALYSIS
FIGURE 005. BARGAINING POWER OF SUPPLIERS
FIGURE 006. COMPETITIVE RIVALRYFIGURE 007. THREAT OF NEW ENTRANTS
FIGURE 008. THREAT OF SUBSTITUTES
FIGURE 009. VALUE CHAIN ANALYSIS
FIGURE 010. PESTLE ANALYSIS
FIGURE 011. TURBINES MARKET OVERVIEW BY TYPE
FIGURE 012. HYDROPOWER MARKET OVERVIEW (2016-2028)
FIGURE 013. WIND MARKET OVERVIEW (2016-2028)
FIGURE 014. STEAM MARKET OVERVIEW (2016-2028)
FIGURE 015. GAS MARKET OVERVIEW (2016-2028)
FIGURE 016. NUCLEAR MARKET OVERVIEW (2016-2028)
FIGURE 017. TURBINES MARKET OVERVIEW BY END USER
FIGURE 018. POWER GENERATION MARKET OVERVIEW (2016-2028)
FIGURE 019. POWER STORAGE MARKET OVERVIEW (2016-2028)
FIGURE 020. MARINE MARKET OVERVIEW (2016-2028)
FIGURE 021. AERONAUTICS MARKET OVERVIEW (2016-2028)
FIGURE 022. NORTH AMERICA TURBINES MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 023. EUROPE TURBINES MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 024. ASIA PACIFIC TURBINES MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 025. MIDDLE EAST & AFRICA TURBINES MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 026. SOUTH AMERICA TURBINES MARKET OVERVIEW BY COUNTRY (2016-2028)

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Frequently Asked Questions :

What would be the forecast period in the Global Turbines Market research report?

The forecast period in the Global Turbines Market research report is 2023-2030.

Who are the key players in Global Turbines Market?

Goldwind (China), Vestas (Denmark), Mitsubishi Power (Japan), Envision Group (China), Tata Power Renewable Energy (India), SGRE. (Germany), GE. (USA), Siemens Energy Pte. Ltd. (Singapore), Nordex (Germany), DONGFANG TURBINE CO., LTD. (China), PacWind (USA), Windey (China), ENERCON (Germany), Mingyang (China), CSIC Haizhuang (China), Zhejiang Windey Co (China), WEG (Brazil) And Other Key Players.

What are the segments of the Global Turbines Market?

The Global Turbines Market is segmented into Product Type, End User and region. By Product Type, the market is categorized into Hydropower, Wind, Steam, Gas, Nuclear. By End User, the market is categorized into Power Generation, Power Storage, Marine, Aeronautics. By region, it is analyzed across North America (U.S.; Canada; Mexico), Europe (Germany; U.K.; France; Italy; Russia; Spain, etc.), Asia-Pacific (China; India; Japan; Southeast Asia, etc.), South America (Brazil; Argentina, etc.), Middle East & Africa (Saudi Arabia; South Africa, etc.).

What is the Global Turbines Market?

A turbine is a device that turns the kinetic energy of water, steam, air and combustion gases into the rotational motion of itself. Turbines are generally used in electrical generation, engines, and propulsion systems. Turbines are also referred as turbomachines owning to their ability to modify and transfer energy.

How big is the Global Turbines Market?

Global Turbines Market size was valued at 271.34Thousand MW in 2022, and is projected to reach 388.84 Thousand MW by 2030, growing at a CAGR of 4.6% from 2023 to 2030.