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Condensing steam turbines are most commonly found in thermal power plants. In a condensing steam turbine, the maximum amount of energy is extracted from the steam, because there is very high enthalpy difference between the initial and final conditions of steam.
Scope of the Report:
This report focuses on the Condensing 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.
In the coming years there is an increasing demand for Condensing Steam Turbine in the regions of United States and Europe that is expected to drive the market for more advanced Condensing Steam Turbine. Growth in government budgets in the principal countries, increasing of power generation fields expenditures, more-intense competition, launches in introducing new products, retrofitting and renovation of old technology, increasing adoption of Condensing Steam Turbine will drive growth in United States and Europe markets.
Globally, the Condensing Steam Turbine industry market is concentrated as the manufacturing technology of Condensing Steam Turbine is relatively matures than some high-tech equipment. And some enterprises, like GE, Siemens, Mitsubishi Hitachi, etc. are well-known for the wonderful performance of their Condensing Steam Turbine and related services. At the same time, Europe, occupied 39.13% production market share in 2016, is remarkable in the global Condensing Steam Turbine industry because of their market share and technology status of Condensing Steam Turbine.
The consumption volume of Condensing Steam Turbine is related to downstream industries and global economy. As there will always be some uncertain in the global economy in the following years, the growth rate of Condensing Steam Turbine industry may not keep that fast. But it is surely forecasted that the market of Condensing Steam Turbine is still promising.
The worldwide market for Condensing Steam Turbine is expected to grow at a CAGR of roughly 1.4% over the next five years, will reach 5100 million US$ in 2023, from 4690 million US$ in 2017, according to a new GIR (Global Info Research) study.
Market Segment by Manufacturers, this report covers
- Mitsubishi Hitachi
- Doosan Skoda Power
- Fuji Electric
- Power Machines
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
- Output>150 MW
- Output=150 MW
Market Segment by Applications, can be divided into
- Power Generation
There are 15 Chapters to deeply display the global Condensing Steam Turbine market.
Chapter 1, to describe Condensing Steam Turbine Introduction, product scope, market overview, market opportunities, market risk, market driving force;
Chapter 2, to analyze the top manufacturers of Condensing Steam Turbine, with sales, revenue, and price of Condensing 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 Condensing 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, Condensing Steam Turbine market forecast, by regions, type and application, with sales and revenue, from 2018 to 2023;
Chapter 13, 14 and 15, to describe Condensing Steam Turbine sales channel, distributors, traders, dealers, Research Findings and Conclusion, appendix and data source