Europe Steam Turbine Market Size, Share & Industry Trends Analysis Report By Capacity (151 to 300 MW, Up to 150 MW and More than 300 MW), By End User, By Technology, By Design (Impulse and Reaction), By Country and Growth Forecast, 2022 - 2028

The Europe Steam Turbine Market would witness market growth of 2.8% CAGR during the forecast period (2022-2028).

The employment of one or more Curtis wheels at the start of a multi-stage turbine where the steam pressure is maximum was found to be desired by 1905 when steam turbines were beginning to be used on fast ships such as HMS Dreadnought and in land-based power applications. With high-pressure steam, this was more effective since there was less leakage between the turbine rotor and the casing. High-pressure steam from the boilers enters from the right side through a throttle that is manually operated by an operator.

Before exiting at low pressure, very definitely to a condenser, it goes through five Curtis wheels and countless reaction stages. Condensing the steam into feed solution to be sent back to the boilers, the condenser creates a vacuum to optimize the energy collected from the steam. A separate throttle allows steam to enter the additional reaction stages on the left, which are mounted on two enormous rotors and rotate the turbine backward for astern operation. Efficiency is not a concern in astern turbines because ships rarely run in reverse, hence there are fewer stages utilized to save costs.

Manufacturers of turbines have been influenced by the need for industrial steam turbines for combined-cycle applications and cogeneration plants to standardize their products to speed up delivery and lower costs. ABB, another provider of turnkey plants, produces steam turbines in Nuernberg, Germany, at former AEG facilities, and in Finspong, Sweden, at former ASEA Stal facilities. The businesses have teamed up to create the advanced steam turbine program (ATP), which when finished will encompass a two to 100 MW power range. The Swedish turbines' high efficiency and the German machines' great durability were the two criteria the firm chose to employ as a starting point.

The Germany market dominated the Europe Steam Turbine Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $869.3 Million by 2028. The UK market is showcasing a CAGR of 1.9% during (2022 - 2028). Additionally, The France market would generate a CAGR of 3.5% during (2022 - 2028).

Based on Capacity, the market is segmented into 151 to 300 MW, Up to 150 MW and More than 300 MW. Based on End User, the market is segmented into Power Generation, Oil & Gas, Petrochemical and Others. Based on Technology, the market is segmented into Steam Cycle, Combined Cycle and Cogeneration. Based on Design, the market is segmented into Impulse and Reaction. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.

Free Valuable Insights: The Global Steam Turbine Market will Hit $19.5 Billion by 2028, at a CAGR of 3.5%

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include General Electric (GE) Co., Siemens AG, Toshiba Corporation, Elliott Group (Ebara Corporation), Mitsubishi Heavy Industries Ltd. (Mitsubishi Power, Ltd.), MAN Energy Solutions SE (Volkswagen Group), Fuji Electric Co., Ltd., Kawasaki Heavy Industries, Ltd., Chola Turbo Machinery International Pvt. Ltd., and Turbine Generator Maintenance, Inc.

Scope of the Study

Market Segments Covered in the Report:

By Capacity

• 151 to 300 MW
• Up to 150 MW
• More than 300 MW

By End User

• Power Generation
• Oil & Gas
• Petrochemical
• Others

By Technology

• Steam Cycle
• Combined Cycle
• Cogeneration

By Design

• Impulse
• Reaction

By Country

• Germany
• UK
• France
• Russia
• Spain
• Italy
• Rest of Europe

Key Market Players

List of Companies Profiled in the Report:

• General Electric (GE) Co.
• Siemens AG
• Toshiba Corporation
• Elliott Group (Ebara Corporation)
• Mitsubishi Heavy Industries Ltd. (Mitsubishi Power, Ltd.)
• MAN Energy Solutions SE (Volkswagen Group)
• Fuji Electric Co., Ltd.
• Kawasaki Heavy Industries, Ltd.
• Chola Turbo Machinery International Pvt. Ltd.
• Turbine Generator Maintenance, Inc.

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Europe Steam Turbine Market, by Capacity
1.4.2 Europe Steam Turbine Market, by End User
1.4.3 Europe Steam Turbine Market, by Technology
1.4.4 Europe Steam Turbine Market, by Design
1.4.5 Europe Steam Turbine Market, by Country
1.5 Methodology for the research

Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition & Scenarios
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints

Chapter 3. Europe Steam Turbine Market by Capacity
3.1 Europe 151 to 300 MW Market by Country
3.2 Europe Up to 150 MW Market by Country
3.3 Europe More than 300 MW Market by Country

Chapter 4. Europe Steam Turbine Market by End Use
4.1 Europe Power Generation Market by Country
4.2 Europe Oil & Gas Market by Country
4.3 Europe Petrochemical Market by Country
4.4 Europe Others Market by Country

Chapter 5. Europe Steam Turbine Market by Technology
5.1 Europe Steam Cycle Market by Country
5.2 Europe Combined Cycle Market by Country
5.3 Europe Cogeneration Market by Country

Chapter 6. Europe Steam Turbine Market by Design
6.1 Europe Impulse Market by Country
6.2 Europe Reaction Market by Country

Chapter 7. Europe Steam Turbine Market by Country
7.1 Germany Steam Turbine Market
7.1.1 Germany Steam Turbine Market by Capacity
7.1.2 Germany Steam Turbine Market by End Use
7.1.3 Germany Steam Turbine Market by Technology
7.1.4 Germany Steam Turbine Market by Design
7.2 UK Steam Turbine Market
7.2.1 UK Steam Turbine Market by Capacity
7.2.2 UK Steam Turbine Market by End Use
7.2.3 UK Steam Turbine Market by Technology
7.2.4 UK Steam Turbine Market by Design
7.3 France Steam Turbine Market
7.3.1 France Steam Turbine Market by Capacity
7.3.2 France Steam Turbine Market by End Use
7.3.3 France Steam Turbine Market by Technology
7.3.4 France Steam Turbine Market by Design
7.4 Russia Steam Turbine Market
7.4.1 Russia Steam Turbine Market by Capacity
7.4.2 Russia Steam Turbine Market by End Use
7.4.3 Russia Steam Turbine Market by Technology
7.4.4 Russia Steam Turbine Market by Design
7.5 Spain Steam Turbine Market
7.5.1 Spain Steam Turbine Market by Capacity
7.5.2 Spain Steam Turbine Market by End Use
7.5.3 Spain Steam Turbine Market by Technology
7.5.4 Spain Steam Turbine Market by Design
7.6 Italy Steam Turbine Market
7.6.1 Italy Steam Turbine Market by Capacity
7.6.2 Italy Steam Turbine Market by End Use
7.6.3 Italy Steam Turbine Market by Technology
7.6.4 Italy Steam Turbine Market by Design
7.7 Rest of Europe Steam Turbine Market
7.7.1 Rest of Europe Steam Turbine Market by Capacity
7.7.2 Rest of Europe Steam Turbine Market by End Use
7.7.3 Rest of Europe Steam Turbine Market by Technology
7.7.4 Rest of Europe Steam Turbine Market by Design

Chapter 8. Company Profiles
8.1 General Electric (GE) Co.
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Segmental and Regional Analysis
8.1.4 Research & Development Expense
8.1.5 Recent strategies and developments:
8.1.5.1 Partnerships, Collaborations, and Agreements:
8.1.6 SWOT Analysis
8.2 Siemens AG
8.2.1 Company Overview
8.2.2 Financial Analysis
8.2.3 Segmental and Regional Analysis
8.2.4 Research & Development Expense
8.2.5 Recent strategies and developments:
8.2.5.1 Acquisition and Mergers:
8.2.6 SWOT Analysis
8.3 Toshiba Corporation
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Segmental and Regional Analysis
8.3.4 Research and Development Expense
8.3.5 Recent strategies and developments:
8.3.5.1 Partnerships, Collaborations, and Agreements:
8.3.6 SWOT Analysis
8.4 Elliott Group (Ebara Corporation)
8.4.1 Company Overview
8.4.2 Financial Analysis
8.4.3 Segmental and Regional Analysis
8.4.4 Research & Development Expenses
8.4.5 Recent strategies and developments:
8.4.5.1 Geographical Expansions:
8.5 Mitsubishi Heavy Industries Ltd. (Mitsubishi Power, Ltd.)
8.5.1 Company Overview
8.5.2 Financial Analysis
8.5.3 Segmental Analysis
8.5.4 Research & Development Expenses
8.5.5 Recent strategies and developments:
8.5.5.1 Partnerships, Collaborations, and Agreements:
8.6 MAN Energy Solutions SE (Volkswagen Group)
8.6.1 Company Overview
8.6.2 Financial Analysis
8.6.3 Segmental and Regional Analysis
8.6.4 Research & Development Expenses
8.7 Fuji Electric Co. Ltd.
8.7.1 Company Overview
8.7.2 Financial Analysis
8.7.3 Segmental and Regional Analysis
8.7.4 Research & Development Expense
8.8 Kawasaki Heavy Industries, Ltd.
8.8.1 Company Overview
8.8.2 Financial Analysis
8.8.3 Segmental and Regional Analysis
8.8.4 Research & Development Expense
8.9 Chola Turbo Machinery International Pvt. Ltd.
8.9.1 Company Overview
8.10. Turbine Generator Maintenance, Inc.
8.10.1 Company Overview

TABLE 1 Europe Steam Turbine Market, 2018 - 2021, USD Million
TABLE 2 Europe Steam Turbine Market, 2022 - 2028, USD Million
TABLE 3 Europe Steam Turbine Market by Capacity, 2018 - 2021, USD Million
TABLE 4 Europe Steam Turbine Market by Capacity, 2022 - 2028, USD Million
TABLE 5 Europe 151 to 300 MW Market by Country, 2018 - 2021, USD Million
TABLE 6 Europe 151 to 300 MW Market by Country, 2022 - 2028, USD Million
TABLE 7 Europe Up to 150 MW Market by Country, 2018 - 2021, USD Million
TABLE 8 Europe Up to 150 MW Market by Country, 2022 - 2028, USD Million
TABLE 9 Europe More than 300 MW Market by Country, 2018 - 2021, USD Million
TABLE 10 Europe More than 300 MW Market by Country, 2022 - 2028, USD Million
TABLE 11 Europe Steam Turbine Market by End Use, 2018 - 2021, USD Million
TABLE 12 Europe Steam Turbine Market by End Use, 2022 - 2028, USD Million
TABLE 13 Europe Power Generation Market by Country, 2018 - 2021, USD Million
TABLE 14 Europe Power Generation Market by Country, 2022 - 2028, USD Million
TABLE 15 Europe Oil & Gas Market by Country, 2018 - 2021, USD Million
TABLE 16 Europe Oil & Gas Market by Country, 2022 - 2028, USD Million
TABLE 17 Europe Petrochemical Market by Country, 2018 - 2021, USD Million
TABLE 18 Europe Petrochemical Market by Country, 2022 - 2028, USD Million
TABLE 19 Europe Others Market by Country, 2018 - 2021, USD Million
TABLE 20 Europe Others Market by Country, 2022 - 2028, USD Million
TABLE 21 Europe Steam Turbine Market by Technology, 2018 - 2021, USD Million
TABLE 22 Europe Steam Turbine Market by Technology, 2022 - 2028, USD Million
TABLE 23 Europe Steam Cycle Market by Country, 2018 - 2021, USD Million
TABLE 24 Europe Steam Cycle Market by Country, 2022 - 2028, USD Million
TABLE 25 Europe Combined Cycle Market by Country, 2018 - 2021, USD Million
TABLE 26 Europe Combined Cycle Market by Country, 2022 - 2028, USD Million
TABLE 27 Europe Cogeneration Market by Country, 2018 - 2021, USD Million
TABLE 28 Europe Cogeneration Market by Country, 2022 - 2028, USD Million
TABLE 29 Europe Steam Turbine Market by Design, 2018 - 2021, USD Million
TABLE 30 Europe Steam Turbine Market by Design, 2022 - 2028, USD Million
TABLE 31 Europe Impulse Market by Country, 2018 - 2021, USD Million
TABLE 32 Europe Impulse Market by Country, 2022 - 2028, USD Million
TABLE 33 Europe Reaction Market by Country, 2018 - 2021, USD Million
TABLE 34 Europe Reaction Market by Country, 2022 - 2028, USD Million
TABLE 35 Europe Steam Turbine Market by Country, 2018 - 2021, USD Million
TABLE 36 Europe Steam Turbine Market by Country, 2022 - 2028, USD Million
TABLE 37 Germany Steam Turbine Market, 2018 - 2021, USD Million
TABLE 38 Germany Steam Turbine Market, 2022 - 2028, USD Million
TABLE 39 Germany Steam Turbine Market by Capacity, 2018 - 2021, USD Million
TABLE 40 Germany Steam Turbine Market by Capacity, 2022 - 2028, USD Million
TABLE 41 Germany Steam Turbine Market by End Use, 2018 - 2021, USD Million
TABLE 42 Germany Steam Turbine Market by End Use, 2022 - 2028, USD Million
TABLE 43 Germany Steam Turbine Market by Technology, 2018 - 2021, USD Million
TABLE 44 Germany Steam Turbine Market by Technology, 2022 - 2028, USD Million
TABLE 45 Germany Steam Turbine Market by Design, 2018 - 2021, USD Million
TABLE 46 Germany Steam Turbine Market by Design, 2022 - 2028, USD Million
TABLE 47 UK Steam Turbine Market, 2018 - 2021, USD Million
TABLE 48 UK Steam Turbine Market, 2022 - 2028, USD Million
TABLE 49 UK Steam Turbine Market by Capacity, 2018 - 2021, USD Million
TABLE 50 UK Steam Turbine Market by Capacity, 2022 - 2028, USD Million
TABLE 51 UK Steam Turbine Market by End Use, 2018 - 2021, USD Million
TABLE 52 UK Steam Turbine Market by End Use, 2022 - 2028, USD Million
TABLE 53 UK Steam Turbine Market by Technology, 2018 - 2021, USD Million
TABLE 54 UK Steam Turbine Market by Technology, 2022 - 2028, USD Million
TABLE 55 UK Steam Turbine Market by Design, 2018 - 2021, USD Million
TABLE 56 UK Steam Turbine Market by Design, 2022 - 2028, USD Million
TABLE 57 France Steam Turbine Market, 2018 - 2021, USD Million
TABLE 58 France Steam Turbine Market, 2022 - 2028, USD Million
TABLE 59 France Steam Turbine Market by Capacity, 2018 - 2021, USD Million
TABLE 60 France Steam Turbine Market by Capacity, 2022 - 2028, USD Million
TABLE 61 France Steam Turbine Market by End Use, 2018 - 2021, USD Million
TABLE 62 France Steam Turbine Market by End Use, 2022 - 2028, USD Million
TABLE 63 France Steam Turbine Market by Technology, 2018 - 2021, USD Million
TABLE 64 France Steam Turbine Market by Technology, 2022 - 2028, USD Million
TABLE 65 France Steam Turbine Market by Design, 2018 - 2021, USD Million
TABLE 66 France Steam Turbine Market by Design, 2022 - 2028, USD Million
TABLE 67 Russia Steam Turbine Market, 2018 - 2021, USD Million
TABLE 68 Russia Steam Turbine Market, 2022 - 2028, USD Million
TABLE 69 Russia Steam Turbine Market by Capacity, 2018 - 2021, USD Million
TABLE 70 Russia Steam Turbine Market by Capacity, 2022 - 2028, USD Million
TABLE 71 Russia Steam Turbine Market by End Use, 2018 - 2021, USD Million
TABLE 72 Russia Steam Turbine Market by End Use, 2022 - 2028, USD Million
TABLE 73 Russia Steam Turbine Market by Technology, 2018 - 2021, USD Million
TABLE 74 Russia Steam Turbine Market by Technology, 2022 - 2028, USD Million
TABLE 75 Russia Steam Turbine Market by Design, 2018 - 2021, USD Million
TABLE 76 Russia Steam Turbine Market by Design, 2022 - 2028, USD Million
TABLE 77 Spain Steam Turbine Market, 2018 - 2021, USD Million
TABLE 78 Spain Steam Turbine Market, 2022 - 2028, USD Million
TABLE 79 Spain Steam Turbine Market by Capacity, 2018 - 2021, USD Million
TABLE 80 Spain Steam Turbine Market by Capacity, 2022 - 2028, USD Million
TABLE 81 Spain Steam Turbine Market by End Use, 2018 - 2021, USD Million
TABLE 82 Spain Steam Turbine Market by End Use, 2022 - 2028, USD Million
TABLE 83 Spain Steam Turbine Market by Technology, 2018 - 2021, USD Million
TABLE 84 Spain Steam Turbine Market by Technology, 2022 - 2028, USD Million
TABLE 85 Spain Steam Turbine Market by Design, 2018 - 2021, USD Million
TABLE 86 Spain Steam Turbine Market by Design, 2022 - 2028, USD Million
TABLE 87 Italy Steam Turbine Market, 2018 - 2021, USD Million
TABLE 88 Italy Steam Turbine Market, 2022 - 2028, USD Million
TABLE 89 Italy Steam Turbine Market by Capacity, 2018 - 2021, USD Million
TABLE 90 Italy Steam Turbine Market by Capacity, 2022 - 2028, USD Million
TABLE 91 Italy Steam Turbine Market by End Use, 2018 - 2021, USD Million
TABLE 92 Italy Steam Turbine Market by End Use, 2022 - 2028, USD Million
TABLE 93 Italy Steam Turbine Market by Technology, 2018 - 2021, USD Million
TABLE 94 Italy Steam Turbine Market by Technology, 2022 - 2028, USD Million
TABLE 95 Italy Steam Turbine Market by Design, 2018 - 2021, USD Million
TABLE 96 Italy Steam Turbine Market by Design, 2022 - 2028, USD Million
TABLE 97 Rest of Europe Steam Turbine Market, 2018 - 2021, USD Million
TABLE 98 Rest of Europe Steam Turbine Market, 2022 - 2028, USD Million
TABLE 99 Rest of Europe Steam Turbine Market by Capacity, 2018 - 2021, USD Million
TABLE 100 Rest of Europe Steam Turbine Market by Capacity, 2022 - 2028, USD Million
TABLE 101 Rest of Europe Steam Turbine Market by End Use, 2018 - 2021, USD Million
TABLE 102 Rest of Europe Steam Turbine Market by End Use, 2022 - 2028, USD Million
TABLE 103 Rest of Europe Steam Turbine Market by Technology, 2018 - 2021, USD Million
TABLE 104 Rest of Europe Steam Turbine Market by Technology, 2022 - 2028, USD Million
TABLE 105 Rest of Europe Steam Turbine Market by Design, 2018 - 2021, USD Million
TABLE 106 Rest of Europe Steam Turbine Market by Design, 2022 - 2028, USD Million
TABLE 107 KEY INFORMATION – GENERAL ELECTRIC (GE) CO.
TABLE 108 Key Information – Siemens AG
TABLE 109 Key Information – Toshiba Corporation
TABLE 110 Key Information – Elliott Group
TABLE 111 Key Information – Mitsubishi Heavy Industries Ltd.
TABLE 112 Key Information – MAN Energy Solutions SE
TABLE 113 Key Information – Fuji Electric Co., Ltd.
TABLE 114 Key Information – Kawasaki Heavy Industries, Ltd.
TABLE 115 Key Information – Chola Turbo Machinery International Pvt. Ltd.
TABLE 116 Key Information – Turbine Generator Maintenance, Inc.

List of Figures
FIG 1 Methodology for the research
FIG 2 Swot analysis: General electric (GE) Co.
FIG 3 Swot analysis: Siemens AG
FIG 4 SWOT Analysis: Toshiba Corporation