The global API Steam Turbine revenue was US$ 2535.8 million in 2022 and is forecast to a readjusted size of US$ 3443 million by 2029 with a CAGR of 3.9% during the forecast period (2023-2029).
The top five global API Steam Turbine players are Siemens, General Electric, Shanghai Electric, Dongfang Turbine, and Hangzhou Steam Turbine (HTC), which together account for about 60% of the market share. Among them, Siemens is the largest player. In terms of sales revenue, Asia Pacific region occupies the largest market share with about 45%, followed by Europe. In terms of product type, the products can be divided into two categories: API 611 general-purpose turbine and API 612 special-purpose turbine, with the special-purpose type occupying a larger market share, accounting for about 65%. In terms of its applications, it can be divided into three fields: oil and gas, chemical industry and power generation, with oil and gas accounting for about 38% of the market share.
Global API Steam Turbine Scope and Market Size
API Steam Turbine market is segmented in regional and country, by players, by type and by application. Companies, stakeholders, and other participants in the global API Steam Turbine market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by type and by application for the period 2018-2029.
For United States market, this report focuses on the API Steam Turbine market size by players, by Type and by Application, for the period 2018-2029. The key players include the global and local players, which play important roles in United States.
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Segment by Type
API 611 General Purpose Steam Turbine
API 612 Special Purpose Turbine
Segment by Application
Oil and Gas
Chemical
Power Generation
Others
The report mentions the prominent market player consisting of:
Siemens
General Electric
Shanghai Electric
Dongfang Turbine
Hangzhou Steam Turbine(HTC)
MAN Energy Solutions
Kawasaki Heavy Industries
Mitsubishi Hitachi Power Systems
Elliott
Triveni Turbine
Kessels
KEPL
CTMI
Skinner Power Systems
By Region
Americas
United States
Canada
Mexico
Brazil
China
APAC (excluding China)
Japan
South Korea
China Taiwan
ASEAN
India
EMEA
Europe
Middle East
Africa
Chapter Introduction
Chapter 1: Introduces API Steam Turbine definition, global sales (volume and revenue), United States market size, United States percentage in global market. This section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Provides the analysis of various market segments by type, covering the volume, price, revenue, and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 3: Provides the analysis of various market segments by application, covering the revenue, price, volume, and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 4: Detailed analysis of API Steam Turbine companies’ competitive landscape, revenue, market share and industry ranking, latest development plan, merger, and acquisition information, etc.
Chapter 5: Revenue and volume of API Steam Turbine in global and regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 6: Americas by type, by application and by country, sales, and revenue for each segment.
Chapter 7: EMEA by type, by application and by region, sales, and revenue for each segment.
Chapter 8: China by type, by application, sales, and revenue for each segment.
Chapter 9: APAC (excluding China) by type, by application and by region, sales, and revenue for each segment.
Chapter 10: Provides profiles of key companies, introducing the basic situation of the main companies in the market in detail, including product descriptions and specifications, API Steam Turbine sales, revenue, gross margin, and recent development, etc.
Chapter 11: Analysis of industrial chain, sales channel, key raw materials, distributors, and customers.
Chapter 12: Research findings and conclusion
Company Profiles:
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