Turbines - Global Strategic Business Report

The global market for Turbines is estimated at US$127.7 Billion in 2023 and is projected to reach US$187.0 Billion by 2030, growing at a CAGR of 5.6% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.

The growth in the turbine market is driven by several factors. Firstly, the surge in demand for renewable energy has significantly boosted the wind turbine market, driven by government incentives, advancements in turbine technology, and increased environmental awareness among consumers. The market for steam turbines remains strong due to the shift towards cleaner energy sources like natural gas and the continued use of nuclear power. Advances in materials and design have enhanced their efficiency and reduced operational costs. Gas turbines benefit from increased natural gas production, particularly from shale reserves, leading to more natural gas-fired power plants. The aviation industry`s expansion, fueled by rising air travel demand, has led to advancements in gas turbine technology, improving fuel efficiency and reducing emissions. Consumer trends towards eco-friendly and sustainable energy solutions further accelerate the adoption of these technologies. Overall, the turbine market`s growth is driven by technological innovations, evolving energy policies, and changing consumer preferences, creating a dynamic and rapidly evolving industry landscape.

Key Insights:

Market Growth: Understand the significant growth trajectory of the Wind Turbines segment, which is expected to reach US$91.4 Billion by 2030 with a CAGR of a 8.6%. The Gas Turbines segment is also set to grow at 4.1% CAGR over the analysis period.
Regional Analysis: Gain insights into the U.S. market, estimated at $19.5 Billion in 2023, and China, forecasted to grow at an impressive 7.4% CAGR to reach $60.2 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.

Why You Should Buy This Report:

Detailed Market Analysis: Access a thorough analysis of the Global Turbines Market, covering all major geographic regions and market segments.
Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Turbines Market.
Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.

Key Questions Answered:

How is the Global Turbines Market expected to evolve by 2030?
What are the main drivers and restraints affecting the market?
Which market segments will grow the most over the forecast period?
How will market shares for different regions and segments change by 2030?
Who are the leading players in the market, and what are their prospects?

Report Features:

Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
Company Profiles: Coverage of major players such as ABB Limited, Acciona Energia SA, Andritz AG, and more.
Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.

Select Competitors (Total 169 Featured):

ABB Limited
Acciona Energia SA
Andritz AG
Ansaldo Energia SpA
Caterpillar, Inc.
Dongfang Electric Corporation Limited
Doosan Power Systems Holdings Limited
ENERCON GmbH
GE Grid Solutions, LLC
GE Power & Water
General Electric Company
GuoDian United Power Technology Company Ltd.
Harbin Turbine Company Limited
Mitsubishi Hitachi Power Systems, Ltd.
Nordex SE
Senvion SA
Shanghai Electric Group Company Limited
Siemens AG
Siemens Gamesa Renewable Energy, S.A.
Vestas Wind Systems A/S
Voith GmbH & Co. KGaA
Xinjiang GoldWind Science & Technology Co., Ltd.

I. METHODOLOGYII. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

Turbines: Enhancing the Performance of Power Generation
Global Turbines Market Capacity in Megaawatts for the Years 2022 and 2024E
A Prelude to Turbines: The Energy Generators
Global Turbines Market Looks Forward to a Gust of Energetic Growth: Prospects & Outlook
Dynamic Factors Turbocharging Growth of Global Turbine Market
Global Economic Update
Economic Frontiers: Trends, Trials & Transformations
In a World Torn by Geopolitical Instability & War, Steadfastness of Global GDP Becomes Increasingly UnpredicTable Given the Many Direct and Indirect Economic Repercussions: World Economic Growth Projections (Real Gross Domestic Product (GDP), Annual % Change) for the Years 2022 Through 2025
All Eyes on Global Inflation, the Main Risk Factor in Global Markets: Global Headline Inflation Rates (In %) for the Years 2019 through 2025
With Oil Prices Influencing the Rate of inflation, it Remains the Most Watched Commodity in Global Markets: Global Average Annual Brent Crude Oil Price (In US$ Per Barrel) for Years 2019 through 2025
Regional Analysis
Turbines Market: Insights into US Regulatory Regime
Competitive Scenario
Select Innovations
Turbines - Global Key Competitors Percentage Market Share in 2024 (E)
Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2024 (E)
Disruptive Effect of Renewable Energy on the Traditional Electricity System: The Fundamental Growth Driver
Factors Disrupting the Global Energy Market
Smart Solutions to Mitigate Issues
Rising Share of Renewable Sources in Energy Generation Portfolio
Percentage Breakdown of World Energy Production by Energy Source for the Years 2020, 2030 and 2040
Declining Cost of Wind and Solar Power Make Renewables an Integral Part of Energy Portfolio
Global Levelized Cost of Energy Storage Technologies in Utilities (In US$ Per MWh) by Type for the Years 2015 and 2030
Recent Market Activity
Influencer Market Insights
Select Global Brands

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

Electricity Demand Patterns to Drive Growth for Energy Sector: Turbines Market to Gain Momentum
Projected Global Demand for Electricity (MWh): 2015, 2025, & 2035
Change in Gross Electricity Demand in TWh for 2017-50
Global Primary Energy Consumption (Billion toe): Growth Trajectory for the Period 1990-2040
Global Energy Consumption (Billion toe) by Country/Region (1995, 2017 and 2040): Breakdown for USA, China, India, Russia, Brazil, EU, Middle East and Rest of World
Estimated Global Power Generation Infrastructure Requirement (in US$ Billion) for China, India, Latin America, and North America over the Period 2010-2030
Energy Sector: Pandemic Brings Numerous Challenges to the Turbines Market
Global Energy Market Growth Outlook (In %) for Years 2019 through 2025
Opportunities for the Power & Energy Sector in the Post-Pandemic Era
Harnessing the Ancient Power of the Wind, a Force that Shaped Our History and Now Guiding Our Quest for Sustainable Energy
Without Ingenious Machinery like Turbines at its heart, the Clean Energy Transition Will Fail: Global Clean Energy Investments (In US$ Billion) for Years 2017, 2019, 2021, 2023, 2024 and 2030
An Engineering Feat at the Heart of Wind Energy Are Turbines & Rotor Blades
Surge in Number of Wind Farms Worldwide Benefit Demand for Wind Turbines
Strong Investments in Wind Energy Provides the Launchpad for the Growth of Wind Turbines
Massive Volumes of Installed Capacity Needed to Meet the Ambitious Wind Goals Ensures a Strong Decade Ahead for Wind Turbines: Global Cumulative Wind Energy Installations Needed to Meet Net Zero Goals by 2050 (In GW) for Years 2024, 2026, 2028 and 2030
Offshore Wind Energy Touted to Change the Future of Energy Generation
Rising Popularity of Small Wind Turbines Bodes Well for Market Growth
Rotor Blades Get Bigger, Bigger & Bigger. Here We Unravel the Engineering Rationale Behind the Trend
Taller Turbine Towers & Longer Blades are Set to Capture More Energy: Wind Turbine Capacity (In MW), Hub Height (In Feet), and Rotor Diameter (In Feet) for Years 1990, 2000, 2010, 2020 and 2035
New Developments in Carbon-Fiber-Reinforced Polymers as Evidenced by the Growing Market for Carbon Fibre Composites Bodes Well for Development of Innovative Carbon Fiber Based Turbine Blades: Global Market for Carbon Fiber Composites (In US$ Billion) for Years 2023, 2025, 2027, 2029 & 2031
Bladeless Turbines Raises Excitement Levels in the Wind Turbines Space
Wind Arena Witnesses Winds of Change with Turbine Standardization & Modularization
Wind Energy Industry Runs Like a Wind with Tapered Roller Bearings for Turbines
Growing Prominence of Distributed Power Generation Benefits Market Prospects for Combustion Turbines
Micro Turbines Witness Increasing Deployment in Distributed Energy Generation
Despite Coal-Fired Thermal Power Dominance, Several Issues Hamper Market Prospects for Steam Turbines
Global Electricity Supply by Source (2015 & 2040): Percentage Breakdown of Net Delivered Electricity (TWh) for Coal, Natural Gas, Nuclear, Oil, Wind/Solar, and Other Renewables
Steam Turbine Manufacturers Focus on Improving Turbine Designs for Increased Efficiencies
Turbines Market Hits the Gas Pedal with Remarkable Growth of Gas Turbine Industry
Dynamic Factors Shaping Future Trajectory of Global Gas Turbine Industry
Growing Production & Supply of Natural Gas Drive Growth in Demand for Gas Turbines
Emergence of Shale Gas as a Viable Energy Source Generates Opportunities for Gas Turbines
Technically Recoverable Shale Gas by Geographic Region
Electric Motors: A Rising Threat to Gas Turbines?
Exponential Increase in Global Population & Urbanization Rate: A Mega Trend Strengthening Market Prospects
Rapid Urbanization: A Mega Growth Driver for Energy Sector and Turbines
World Population (in Thousands) by Geographic Region for the Years 2018, 2025, 2040, and 2050
World Urban Population in Million and as Percentage of Total Population for the Period 1950-2050
World Population Urbanization Rate (%) by Region/Country: 2016 & 2040
Smart Cities & Smart Grids Elevate the Prospects for Energy Sector and Turbines
Global Smart Grid Market (In US$ Billion) for Years 2021, 2023, 2025 and 2027
Global Market for Smart Grids (in US$ Billion) for the Years 2020

4. GLOBAL MARKET PERSPECTIVE

Table 1: World Turbines Market Analysis of Annual Sales in US$ Million for Years 2016 through 2030
Table 2: World Recent Past, Current & Future Analysis for Turbines by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
Table 3: World Historic Review for Turbines by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2016 through 2022 and % CAGR
Table 4: World 14-Year Perspective for Turbines by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World Markets for Years 2016, 2024 & 2030
Table 5: World Recent Past, Current & Future Analysis for Wind Turbines by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
Table 6: World Historic Review for Wind Turbines by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2016 through 2022 and % CAGR
Table 7: World 14-Year Perspective for Wind Turbines by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World for Years 2016, 2024 & 2030
Table 8: World Recent Past, Current & Future Analysis for Gas Turbines by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
Table 9: World Historic Review for Gas Turbines by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2016 through 2022 and % CAGR
Table 10: World 14-Year Perspective for Gas Turbines by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World for Years 2016, 2024 & 2030
Table 11: World Recent Past, Current & Future Analysis for Steam Turbines by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
Table 12: World Historic Review for Steam Turbines by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2016 through 2022 and % CAGR
Table 13: World 14-Year Perspective for Steam Turbines by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World for Years 2016, 2024 & 2030
Table 14: World Recent Past, Current & Future Analysis for Other Types by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
Table 15: World Historic Review for Other Types by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2016 through 2022 and % CAGR
Table 16: World 14-Year Perspective for Other Types by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World for Years 2016, 2024 & 2030
Global Market Outlook

III. MARKET ANALYSIS

UNITED STATES

Turbines Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2024 (E)
Continued Improvements in Performance and Reliability of Wind Turbines Benefit Market Adoption
Transition from Coal to Natural Gas in Power Generation Sector Fuel Market Demand
Shale Gas Discoveries to Boost Demand for Gas Turbines
Technology Advancements to Improve Performance and Efficiency of Gas Turbines
Table 17: USA Recent Past, Current & Future Analysis for Turbines by Type - Wind Turbines, Gas Turbines, Steam Turbines and Other Types - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
Table 18: USA Historic Review for Turbines by Type - Wind Turbines, Gas Turbines, Steam Turbines and Other Types Markets - Independent Analysis of Annual Sales in US$ Million for Years 2016 through 2022 and % CAGR
Table 19: USA 14-Year Perspective for Turbines by Type - Percentage Breakdown of Value Sales for Wind Turbines, Gas Turbines, Steam Turbines and Other Types for the Years 2016, 2024 & 2030

CANADA

Turbines Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Canada for 2024 (E)
Table 20: Canada Recent Past, Current & Future Analysis for Turbines by Type - Wind Turbines, Gas Turbines, Steam Turbines and Other Types - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
Table 21: Canada Historic Review for Turbines by Type - Wind Turbines, Gas Turbines, Steam Turbines and Other Types Markets - Independent Analysis of Annual Sales in US$ Million for Years 2016 through 2022 and % CAGR
Table 22: Canada 14-Year Perspective for Turbines by Type - Percentage Breakdown of Value Sales for Wind Turbines, Gas Turbines, Steam Turbines and Other Types for the Years 2016, 2024 & 2030

JAPAN

Turbines Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2024 (E)
Table 23: Japan Recent Past, Current & Future Analysis for Turbines by Type - Wind Turbines, Gas Turbines, Steam Turbines and Other Types - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
Table 24: Japan Historic Review for Turbines by Type - Wind Turbines, Gas Turbines, Steam Turbines and Other Types Markets - Independent Analysis of Annual Sales in US$ Million for Years 2016 through 2022 and % CAGR
Table 25: Japan 14-Year Perspective for Turbines by Type - Percentage Breakdown of Value Sales for Wind Turbines, Gas Turbines, Steam Turbines and Other Types for the Years 2016, 2024 & 2030

CHINA

Turbines Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2024 (E)
Market Overview
Table 26: China Recent Past, Current & Future Analysis for Turbines by Type - Wind Turbines, Gas Turbines, Steam Turbines and Other Types - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
Table 27: China Historic Review for Turbines by Type - Wind Turbines, Gas Turbines, Steam Turbines and Other Types Markets - Independent Analysis of Annual Sales in US$ Million for Years 2016 through 2022 and % CAGR
Table 28: China 14-Year Perspective for Turbines by Type - Percentage Breakdown of Value Sales for Wind Turbines, Gas Turbines, Steam Turbines and Other Types for the Years 2016, 2024 & 2030

EUROPE

Turbines Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2024 (E)
Europe: A Matured yet Growing Market for Turbines
Europe: The Largest Producer of Wind Energy Witness Increasing Demand for Wind Turbines
Gearbox and Geared Motor Makers Invest in Technology Development
European Market for Micro and Mini Turbines
Table 29: Europe Recent Past, Current & Future Analysis for Turbines by Geographic Region - France, Germany, Italy, UK, Spain, Russia and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
Table 30: Europe Historic Review for Turbines by Geographic Region - France, Germany, Italy, UK, Spain, Russia and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Million for Years 2016 through 2022 and % CAGR
Table 31: Europe 14-Year Perspective for Turbines by Geographic Region - Percentage Breakdown of Value Sales for France, Germany, Italy, UK, Spain, Russia and Rest of Europe Markets for Years 2016, 2024 & 2030
Table 32: Europe Recent Past, Current & Future Analysis for Turbines by Type - Wind Turbines, Gas Turbines, Steam Turbines and Other Types - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
Table 33: Europe Historic Review for Turbines by Type - Wind Turbines, Gas Turbines, Steam Turbines and Other Types Markets - Independent Analysis of Annual Sales in US$ Million for Years 2016 through 2022 and % CAGR
Table 34: Europe 14-Year Perspective for Turbines by Type - Percentage Breakdown of Value Sales for Wind Turbines, Gas Turbines, Steam Turbines and Other Types for the Years 2016, 2024 & 2030

FRANCE

Table 35: France Recent Past, Current & Future Analysis for Turbines by Type - Wind Turbines, Gas Turbines, Steam Turbines and Other Types - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
Table 36: France Historic Review for Turbines by Type - Wind Turbines, Gas Turbines, Steam Turbines and Other Types Markets - Independent Analysis of Annual Sales in US$ Million for Years 2016 through 2022 and % CAGR
Table 37: France 14-Year Perspective for Turbines by Type - Percentage Breakdown of Value Sales for Wind Turbines, Gas Turbines, Steam Turbines and Other Types for the Years 2016, 2024 & 2030

GERMANY

Table 38: Germany Recent Past, Current & Future Analysis for Turbines by Type - Wind Turbines, Gas Turbines, Steam Turbines and Other Types - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
Table 39: Germany Historic Review for Turbines by Type - Wind Turbines, Gas Turbines, Steam Turbines and Other Types Markets - Independent Analysis of Annual Sales in US$ Million for Years 2016 through 2022 and % CAGR
Table 40: Germany 14-Year Perspective for Turbines by Type - Percentage Breakdown of Value Sales for Wind Turbines, Gas Turbines, Steam Turbines and Other Types for the Years 2016, 2024 & 2030

ITALY

Table 41: Italy Recent Past, Current & Future Analysis for Turbines by Type - Wind Turbines, Gas Turbines, Steam Turbines and Other Types - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
Table 42: Italy Historic Review for Turbines by Type - Wind Turbines, Gas Turbines, Steam Turbines and Other Types Markets - Independent Analysis of Annual Sales in US$ Million for Years 2016 through 2022 and % CAGR
Table 43: Italy 14-Year Perspective for Turbines by Type - Percentage Breakdown of Value Sales for Wind Turbines, Gas Turbines, Steam Turbines and Other Types for the Years 2016, 2024 & 2030

UNITED KINGDOM

Rapid Growth in the Wind Energy Sector and Turbine Advancements Drive Market Demand
Small Wind Turbine Market Exhibits Healthy Growth
Table 44: UK Recent Past, Current & Future Analysis for Turbines by Type - Wind Turbines, Gas Turbines, Steam Turbines and Other Types - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
Table 45: UK Historic Review for Turbines by Type - Wind Turbines, Gas Turbines, Steam Turbines and Other Types Markets - Independent Analysis of Annual Sales in US$ Million for Years 2016 through 2022 and % CAGR
Table 46: UK 14-Year Perspective for Turbines by Type - Percentage Breakdown of Value Sales for Wind Turbines, Gas Turbines, Steam Turbines and Other Types for the Years 2016, 2024 & 2030

SPAIN

Table 47: Spain Recent Past, Current & Future Analysis for Turbines by Type - Wind Turbines, Gas Turbines, Steam Turbines and Other Types - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
Table 48: Spain Historic Review for Turbines by Type - Wind Turbines, Gas Turbines, Steam Turbines and Other Types Markets - Independent Analysis of Annual Sales in US$ Million for Years 2016 through 2022 and % CAGR
Table 49: Spain 14-Year Perspective for Turbines by Type - Percentage Breakdown of Value Sales for Wind Turbines, Gas Turbines, Steam Turbines and Other Types for the Years 2016, 2024 & 2030

RUSSIA

Table 50: Russia Recent Past, Current & Future Analysis for Turbines by Type - Wind Turbines, Gas Turbines, Steam Turbines and Other Types - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
Table 51: Russia Historic Review for Turbines by Type - Wind Turbines, Gas Turbines, Steam Turbines and Other Types Markets - Independent Analysis of Annual Sales in US$ Million for Years 2016 through 2022 and % CAGR
Table 52: Russia 14-Year Perspective for Turbines by Type - Percentage Breakdown of Value Sales for Wind Turbines, Gas Turbines, Steam Turbines and Other Types for the Years 2016, 2024 & 2030

REST OF EUROPE

Table 53: Rest of Europe Recent Past, Current & Future Analysis for Turbines by Type - Wind Turbines, Gas Turbines, Steam Turbines and Other Types - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
Table 54: Rest of Europe Historic Review for Turbines by Type - Wind Turbines, Gas Turbines, Steam Turbines and Other Types Markets - Independent Analysis of Annual Sales in US$ Million for Years 2016 through 2022 and % CAGR
Table 55: Rest of Europe 14-Year Perspective for Turbines by Type - Percentage Breakdown of Value Sales for Wind Turbines, Gas Turbines, Steam Turbines and Other Types for the Years 2016, 2024 & 2030

ASIA-PACIFIC

Turbines Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2024 (E)
Market Overview
Demand for Gas Turbines Rises Amid Growing Interest in Clean Technologies
India: Next-Generation Turbines to Support Wind Energy Generation
Table 56: Asia-Pacific Recent Past, Current & Future Analysis for Turbines by Type - Wind Turbines, Gas Turbines, Steam Turbines and Other Types - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
Table 57: Asia-Pacific Historic Review for Turbines by Type - Wind Turbines, Gas Turbines, Steam Turbines and Other Types Markets - Independent Analysis of Annual Sales in US$ Million for Years 2016 through 2022 and % CAGR
Table 58: Asia-Pacific 14-Year Perspective for Turbines by Type - Percentage Breakdown of Value Sales for Wind Turbines, Gas Turbines, Steam Turbines and Other Types for the Years 2016, 2024 & 2030

LATIN AMERICA

Latin America: A High Potential Market for Large Hydropower Turbines
An Overview of Wind Energy Market in Latin America
Table 59: Latin America Recent Past, Current & Future Analysis for Turbines by Type - Wind Turbines, Gas Turbines, Steam Turbines and Other Types - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
Table 60: Latin America Historic Review for Turbines by Type - Wind Turbines, Gas Turbines, Steam Turbines and Other Types Markets - Independent Analysis of Annual Sales in US$ Million for Years 2016 through 2022 and % CAGR
Table 61: Latin America 14-Year Perspective for Turbines by Type - Percentage Breakdown of Value Sales for Wind Turbines, Gas Turbines, Steam Turbines and Other Types for the Years 2016, 2024 & 2030

REST OF WORLD

Table 62: Rest of World Recent Past, Current & Future Analysis for Turbines by Type - Wind Turbines, Gas Turbines, Steam Turbines and Other Types - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
Table 63: Rest of World Historic Review for Turbines by Type - Wind Turbines, Gas Turbines, Steam Turbines and Other Types Markets - Independent Analysis of Annual Sales in US$ Million for Years 2016 through 2022 and % CAGR
Table 64: Rest of World 14-Year Perspective for Turbines by Type - Percentage Breakdown of Value Sales for Wind Turbines, Gas Turbines, Steam Turbines and Other Types for the Years 2016, 2024 & 2030

IV. COMPETITION

Companies Mentioned

ABB Limited
Acciona Energia SA
Andritz AG
Ansaldo Energia SpA
Caterpillar, Inc.
Dongfang Electric Corporation Limited
Doosan Power Systems Holdings Limited
ENERCON GmbH
GE Grid Solutions, LLC
GE Power & Water
General Electric Company
GuoDian United Power Technology Company Ltd.
Harbin Turbine Company Limited
Mitsubishi Hitachi Power Systems, Ltd.
Nordex SE
Senvion SA
Shanghai Electric Group Company Limited
Siemens AG
Siemens Gamesa Renewable Energy, S.A.
Vestas Wind Systems A/S
Voith GmbH & Co. KGaA
Xinjiang GoldWind Science & Technology Co., Ltd.

Table Information

Report Attribute	Details
No. of Pages	504
Published	November 2024
Forecast Period	2023 - 2030
Estimated Market Value ( USD ) in 2023	$ 127.7 Billion
Forecasted Market Value ( USD ) by 2030	$ 187 Billion
Compound Annual Growth Rate	5.6%
Regions Covered	Global
No. of Companies Mentioned	22

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Key Insights:

Why You Should Buy This Report:

Key Questions Answered:

Report Features:

Select Competitors (Total 169 Featured):

Table of Contents

Companies Mentioned

Table Information

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