The Europe Turbo Generator Market would witness market growth of 3.8% CAGR during the forecast period (2024-2031).
The Germany market dominated the Europe Turbo Generator Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $642 million by 2031. The UK market is exhibiting a CAGR of 2.9% during (2024 - 2031). Additionally, The France market would be experiencing a CAGR of 4.5% during (2024 - 2031).
These are extensively used in coal, oil, and natural gas-fired power plants to convert thermal energy into electrical energy efficiently. Turbo generators convert the heat produced by nuclear fission into electrical energy.
Moreover, these are a key component in combined-cycle power plants, where they utilize both gas and steam turbines to generate electricity efficiently. It is used in wind turbines to convert mechanical energy from wind to electrical energy.
According to Eurostat data, in 2021, a substantial fraction of the EU population resided in primarily urban regions (40.5%) and intermediate regions (38.7%), with the remaining fifth (20.8%) living in predominantly rural regions. Urbanization is leading to a rise in population density and electricity demand in urban areas across Europe. Turbo generators are crucial in meeting this growing demand by providing reliable and efficient power generation solutions in Europe.
Free Valuable Insights: The Global Turbo Generator Market will Hit USD 14.4 Billion by 2031, at a CAGR of 4.4%
Based on Type, the market is segmented into Gas Turbine Generator, Steam Turbine Generator, and Water Turbine Generator. Based on End User, the market is segmented into Coal Power Plants, Nuclear Power Plants, Gas Power Plants, and Others. Based on Cooling System, the market is segmented into Air Cooled, Water Cooled, and Hydrogen Cooled. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
List of Key Companies Profiled
- Suzlon Energy Limited
- Beijing BEIZHONG Steam Turbine Generator Co., Ltd.
- Andritz AG
- Ansaldo Energia S.p.A.
- Bharat Heavy Electricals Ltd.
- Ebara Corporation
- Mitsubishi Heavy Industries Ltd.
- Siemens AG
- Toshiba Corporation
- General Electric Company
Europe Turbo Generator Market Report Segmentation
By Type
- Gas Turbine Generator
- Steam Turbine Generator
- Water Turbine Generator
By End User
- Coal Power Plants
- Nuclear Power Plants
- Gas Power Plants
- Others
By Cooling System
- Air Cooled
- Water Cooled
- Hydrogen Cooled
By Country
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
TABLE 1 Europe Turbo Generator Market, 2020 - 2023, USD Million
TABLE 2 Europe Turbo Generator Market, 2024 - 2031, USD Million
TABLE 3 Europe Turbo Generator Market by Type, 2020 - 2023, USD Million
TABLE 4 Europe Turbo Generator Market by Type, 2024 - 2031, USD Million
TABLE 5 Europe Gas Turbine Generator Market by Country, 2020 - 2023, USD Million
TABLE 6 Europe Gas Turbine Generator Market by Country, 2024 - 2031, USD Million
TABLE 7 Europe Steam Turbine Generator Market by Country, 2020 - 2023, USD Million
TABLE 8 Europe Steam Turbine Generator Market by Country, 2024 - 2031, USD Million
TABLE 9 Europe Water Turbine Generator Market by Country, 2020 - 2023, USD Million
TABLE 10 Europe Water Turbine Generator Market by Country, 2024 - 2031, USD Million
TABLE 11 Europe Turbo Generator Market by End User, 2020 - 2023, USD Million
TABLE 12 Europe Turbo Generator Market by End User, 2024 - 2031, USD Million
TABLE 13 Europe Coal Power Plants Market by Country, 2020 - 2023, USD Million
TABLE 14 Europe Coal Power Plants Market by Country, 2024 - 2031, USD Million
TABLE 15 Europe Nuclear Power Plants Market by Country, 2020 - 2023, USD Million
TABLE 16 Europe Nuclear Power Plants Market by Country, 2024 - 2031, USD Million
TABLE 17 Europe Gas Power Plants Market by Country, 2020 - 2023, USD Million
TABLE 18 Europe Gas Power Plants Market by Country, 2024 - 2031, USD Million
TABLE 19 Europe Others Market by Country, 2020 - 2023, USD Million
TABLE 20 Europe Others Market by Country, 2024 - 2031, USD Million
TABLE 21 Europe Turbo Generator Market by Cooling System, 2020 - 2023, USD Million
TABLE 22 Europe Turbo Generator Market by Cooling System, 2024 - 2031, USD Million
TABLE 23 Europe Air Cooled Market by Country, 2020 - 2023, USD Million
TABLE 24 Europe Air Cooled Market by Country, 2024 - 2031, USD Million
TABLE 25 Europe Water Cooled Market by Country, 2020 - 2023, USD Million
TABLE 26 Europe Water Cooled Market by Country, 2024 - 2031, USD Million
TABLE 27 Europe Hydrogen Cooled Market by Country, 2020 - 2023, USD Million
TABLE 28 Europe Hydrogen Cooled Market by Country, 2024 - 2031, USD Million
TABLE 29 Europe Turbo Generator Market by Country, 2020 - 2023, USD Million
TABLE 30 Europe Turbo Generator Market by Country, 2024 - 2031, USD Million
TABLE 31 Germany Turbo Generator Market, 2020 - 2023, USD Million
TABLE 32 Germany Turbo Generator Market, 2024 - 2031, USD Million
TABLE 33 Germany Turbo Generator Market by Type, 2020 - 2023, USD Million
TABLE 34 Germany Turbo Generator Market by Type, 2024 - 2031, USD Million
TABLE 35 Germany Turbo Generator Market by End User, 2020 - 2023, USD Million
TABLE 36 Germany Turbo Generator Market by End User, 2024 - 2031, USD Million
TABLE 37 Germany Turbo Generator Market by Cooling System, 2020 - 2023, USD Million
TABLE 38 Germany Turbo Generator Market by Cooling System, 2024 - 2031, USD Million
TABLE 39 UK Turbo Generator Market, 2020 - 2023, USD Million
TABLE 40 UK Turbo Generator Market, 2024 - 2031, USD Million
TABLE 41 UK Turbo Generator Market by Type, 2020 - 2023, USD Million
TABLE 42 UK Turbo Generator Market by Type, 2024 - 2031, USD Million
TABLE 43 UK Turbo Generator Market by End User, 2020 - 2023, USD Million
TABLE 44 UK Turbo Generator Market by End User, 2024 - 2031, USD Million
TABLE 45 UK Turbo Generator Market by Cooling System, 2020 - 2023, USD Million
TABLE 46 UK Turbo Generator Market by Cooling System, 2024 - 2031, USD Million
TABLE 47 France Turbo Generator Market, 2020 - 2023, USD Million
TABLE 48 France Turbo Generator Market, 2024 - 2031, USD Million
TABLE 49 France Turbo Generator Market by Type, 2020 - 2023, USD Million
TABLE 50 France Turbo Generator Market by Type, 2024 - 2031, USD Million
TABLE 51 France Turbo Generator Market by End User, 2020 - 2023, USD Million
TABLE 52 France Turbo Generator Market by End User, 2024 - 2031, USD Million
TABLE 53 France Turbo Generator Market by Cooling System, 2020 - 2023, USD Million
TABLE 54 France Turbo Generator Market by Cooling System, 2024 - 2031, USD Million
TABLE 55 Russia Turbo Generator Market, 2020 - 2023, USD Million
TABLE 56 Russia Turbo Generator Market, 2024 - 2031, USD Million
TABLE 57 Russia Turbo Generator Market by Type, 2020 - 2023, USD Million
TABLE 58 Russia Turbo Generator Market by Type, 2024 - 2031, USD Million
TABLE 59 Russia Turbo Generator Market by End User, 2020 - 2023, USD Million
TABLE 60 Russia Turbo Generator Market by End User, 2024 - 2031, USD Million
TABLE 61 Russia Turbo Generator Market by Cooling System, 2020 - 2023, USD Million
TABLE 62 Russia Turbo Generator Market by Cooling System, 2024 - 2031, USD Million
TABLE 63 Spain Turbo Generator Market, 2020 - 2023, USD Million
TABLE 64 Spain Turbo Generator Market, 2024 - 2031, USD Million
TABLE 65 Spain Turbo Generator Market by Type, 2020 - 2023, USD Million
TABLE 66 Spain Turbo Generator Market by Type, 2024 - 2031, USD Million
TABLE 67 Spain Turbo Generator Market by End User, 2020 - 2023, USD Million
TABLE 68 Spain Turbo Generator Market by End User, 2024 - 2031, USD Million
TABLE 69 Spain Turbo Generator Market by Cooling System, 2020 - 2023, USD Million
TABLE 70 Spain Turbo Generator Market by Cooling System, 2024 - 2031, USD Million
TABLE 71 Italy Turbo Generator Market, 2020 - 2023, USD Million
TABLE 72 Italy Turbo Generator Market, 2024 - 2031, USD Million
TABLE 73 Italy Turbo Generator Market by Type, 2020 - 2023, USD Million
TABLE 74 Italy Turbo Generator Market by Type, 2024 - 2031, USD Million
TABLE 75 Italy Turbo Generator Market by End User, 2020 - 2023, USD Million
TABLE 76 Italy Turbo Generator Market by End User, 2024 - 2031, USD Million
TABLE 77 Italy Turbo Generator Market by Cooling System, 2020 - 2023, USD Million
TABLE 78 Italy Turbo Generator Market by Cooling System, 2024 - 2031, USD Million
TABLE 79 Rest of Europe Turbo Generator Market, 2020 - 2023, USD Million
TABLE 80 Rest of Europe Turbo Generator Market, 2024 - 2031, USD Million
TABLE 81 Rest of Europe Turbo Generator Market by Type, 2020 - 2023, USD Million
TABLE 82 Rest of Europe Turbo Generator Market by Type, 2024 - 2031, USD Million
TABLE 83 Rest of Europe Turbo Generator Market by End User, 2020 - 2023, USD Million
TABLE 84 Rest of Europe Turbo Generator Market by End User, 2024 - 2031, USD Million
TABLE 85 Rest of Europe Turbo Generator Market by Cooling System, 2020 - 2023, USD Million
TABLE 86 Rest of Europe Turbo Generator Market by Cooling System, 2024 - 2031, USD Million
TABLE 87 Key Information – Suzlon Energy Limited
TABLE 88 Key Information – Beijing Jingcheng Machinery Electric Holding Co., Ltd.,
TABLE 89 Key Information – Andritz AG
TABLE 90 Key Information – Ansaldo Energia S.p.A.
TABLE 91 Key information – Bharat Heavy Electricals Ltd.
TABLE 92 Key Information – Ebara Corporation
TABLE 93 Key Information – Mitsubishi Heavy Industries Ltd.
TABLE 94 Key Information – Siemens AG
TABLE 95 Key Information – Toshiba Corporation
TABLE 96 Key Information – General Electric Company
List of Figures
FIG 1 Methodology for the research
FIG 2 Europe Turbo Generator Market, 2020 - 2031, USD Million
FIG 3 Key Factors Impacting Turbo Generator Market
FIG 4 Porter’s Five Forces Analysis – Turbo Generator Market
FIG 5 Europe Turbo Generator Market share by Type, 2023
FIG 6 Europe Turbo Generator Market share by Type, 2031
FIG 7 Europe Turbo Generator Market by Type, 2020 - 2031, USD Million
FIG 8 Europe Turbo Generator Market share by End User, 2023
FIG 9 Europe Turbo Generator Market share by End User, 2031
FIG 10 Europe Turbo Generator Market by End User, 2020 - 2031, USD Million
FIG 11 Europe Turbo Generator Market share by Cooling System, 2023
FIG 12 Europe Turbo Generator Market share by Cooling System, 2031
FIG 13 Europe Turbo Generator Market by Cooling System, 2020 - 2031, USD Million
FIG 14 Europe Turbo Generator Market share by Country, 2023
FIG 15 Europe Turbo Generator Market share by Country, 2031
FIG 16 Europe Turbo Generator Market by Country, 2020 - 2031, USD Million
FIG 17 SWOT Analysis: Bharat Heavy Electricals Ltd.
FIG 18 Swot Analysis: Mitsubishi Heavy Industries Ltd.
FIG 19 SWOT Analysis: Siemens AG
FIG 20 SWOT Analysis: Toshiba Corporation
FIG 21 SWOT Analysis: General electric (GE) Co.