North America Turbo Generator Market Size, Share & Trends Analysis Report By Type (Gas Turbine Generator, Steam Turbine Generator, and Water Turbine Generator), By End User, By Cooling System), By Country and Growth Forecast, 2024 - 2031

The North America Turbo Generator Market would witness market growth of 4.0% CAGR during the forecast period (2024-2031).

The US market dominated the North America Turbo Generator Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $1,508.6 million by 2031. The Canada market is experiencing a CAGR of 6.4% during (2024 - 2031). Additionally, The Mexico market would exhibit a CAGR of 5.5% during (2024 - 2031).

Power plants employ a turbo generator to transform mechanical energy into electrical energy. A turbo generator typically consists of a turbine paired to a generator powered by steam, gas, or water flow. The generator creates electricity via electromagnetic induction due to the turbine's rotation.

Additionally, thermal power plants, hydroelectric power plants, and renewable energy sources, including geothermal and wind power, frequently use turbo generators.

The growing adoption of electric vehicles in Mexico is increasing electricity demand. As more EVs are deployed on the roads, the demand for electric charging infrastructure and electricity generation capacity is also increasing in Mexico. It provides backup power for EV charging stations and support expanding charging infrastructure across Mexico.

Free Valuable Insights: The Turbo Generator Market is Predict to reach 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 U.S., Mexico, Canada, and Rest of North America.

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

North America 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

• US
• Canada
• Mexico
• Rest of North America

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Turbo Generator Market, by Type
1.4.2 North America Turbo Generator Market, by End User
1.4.3 North America Turbo Generator Market, by Cooling System
1.4.4 North America Turbo Generator Market, by Country
1.5 Methodology for the research

Chapter 2. Market at a Glance
2.1 Key Highlights

Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Opportunities
3.2.3 Market Restraints
3.2.4 Market Challenges
3.3 Porter Five Forces Analysis

Chapter 4. North America Turbo Generator Market by Type
4.1 North America Gas Turbine Generator Market by Country
4.2 North America Steam Turbine Generator Market by Country
4.3 North America Water Turbine Generator Market by Country

Chapter 5. North America Turbo Generator Market by End User
5.1 North America Coal Power Plants Market by Country
5.2 North America Nuclear Power Plants Market by Country
5.3 North America Gas Power Plants Market by Country
5.4 North America Others Market by Country

Chapter 6. North America Turbo Generator Market by Cooling System
6.1 North America Air Cooled Market by Country
6.2 North America Water Cooled Market by Country
6.3 North America Hydrogen Cooled Market by Country

Chapter 7. North America Turbo Generator Market by Country
7.1 US Turbo Generator Market
7.1.1 US Turbo Generator Market by Type
7.1.2 US Turbo Generator Market by End User
7.1.3 US Turbo Generator Market by Cooling System
7.2 Canada Turbo Generator Market
7.2.1 Canada Turbo Generator Market by Type
7.2.2 Canada Turbo Generator Market by End User
7.2.3 Canada Turbo Generator Market by Cooling System
7.3 Mexico Turbo Generator Market
7.3.1 Mexico Turbo Generator Market by Type
7.3.2 Mexico Turbo Generator Market by End User
7.3.3 Mexico Turbo Generator Market by Cooling System
7.4 Rest of North America Turbo Generator Market
7.4.1 Rest of North America Turbo Generator Market by Type
7.4.2 Rest of North America Turbo Generator Market by End User
7.4.3 Rest of North America Turbo Generator Market by Cooling System

Chapter 8. Company Profiles
8.1 Suzlon Energy Limited
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Segmental and Regional Analysis
8.2 Beijing Jingcheng Machinery Electric Holding Co., Ltd.
8.2.1 Company Overview
8.3 Andritz AG
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Segmental and Regional Analysis
8.3.4 Research & Development Expenses
8.4 Ansaldo Energia S.p.A.
8.4.1 Company Overview
8.4.2 Financial Analysis
8.4.3 Regional Analysis
8.5 Bharat Heavy Electricals Ltd.
8.5.1 Company Overview
8.5.2 Financial Analysis
8.5.3 Segmental and Regional Analysis
8.5.4 Research & Development Expenses
8.5.5 SWOT Analysis
8.6 Ebara Corporation
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 Mitsubishi Heavy Industries Ltd.
8.7.1 Company Overview
8.7.2 Financial Analysis
8.7.3 Segmental Analysis
8.7.4 Research & Development Expenses
8.7.5 SWOT Analysis
8.8 Siemens AG
8.8.1 Company Overview
8.8.2 Financial Analysis
8.8.3 Segmental and Regional Analysis
8.8.4 Research & Development Expense
8.8.5 SWOT Analysis
8.9 Toshiba Corporation
8.9.1 Company Overview
8.9.2 Financial Analysis
8.9.3 Segmental and Regional Analysis
8.9.4 Research and Development Expense
8.9.5 SWOT Analysis
8.10. General Electric Company
8.10.1 Company Overview
8.10.2 Financial Analysis
8.10.3 Segmental and Regional Analysis
8.10.4 Research & Development Expense
8.10.5 SWOT Analysis

TABLE 1 North America Turbo Generator Market, 2020 - 2023, USD Million
TABLE 2 North America Turbo Generator Market, 2024 - 2031, USD Million
TABLE 3 North America Turbo Generator Market by Type, 2020 - 2023, USD Million
TABLE 4 North America Turbo Generator Market by Type, 2024 - 2031, USD Million
TABLE 5 North America Gas Turbine Generator Market by Country, 2020 - 2023, USD Million
TABLE 6 North America Gas Turbine Generator Market by Country, 2024 - 2031, USD Million
TABLE 7 North America Steam Turbine Generator Market by Country, 2020 - 2023, USD Million
TABLE 8 North America Steam Turbine Generator Market by Country, 2024 - 2031, USD Million
TABLE 9 North America Water Turbine Generator Market by Country, 2020 - 2023, USD Million
TABLE 10 North America Water Turbine Generator Market by Country, 2024 - 2031, USD Million
TABLE 11 North America Turbo Generator Market by End User, 2020 - 2023, USD Million
TABLE 12 North America Turbo Generator Market by End User, 2024 - 2031, USD Million
TABLE 13 North America Coal Power Plants Market by Country, 2020 - 2023, USD Million
TABLE 14 North America Coal Power Plants Market by Country, 2024 - 2031, USD Million
TABLE 15 North America Nuclear Power Plants Market by Country, 2020 - 2023, USD Million
TABLE 16 North America Nuclear Power Plants Market by Country, 2024 - 2031, USD Million
TABLE 17 North America Gas Power Plants Market by Country, 2020 - 2023, USD Million
TABLE 18 North America Gas Power Plants Market by Country, 2024 - 2031, USD Million
TABLE 19 North America Others Market by Country, 2020 - 2023, USD Million
TABLE 20 North America Others Market by Country, 2024 - 2031, USD Million
TABLE 21 North America Turbo Generator Market by Cooling System, 2020 - 2023, USD Million
TABLE 22 North America Turbo Generator Market by Cooling System, 2024 - 2031, USD Million
TABLE 23 North America Air Cooled Market by Country, 2020 - 2023, USD Million
TABLE 24 North America Air Cooled Market by Country, 2024 - 2031, USD Million
TABLE 25 North America Water Cooled Market by Country, 2020 - 2023, USD Million
TABLE 26 North America Water Cooled Market by Country, 2024 - 2031, USD Million
TABLE 27 North America Hydrogen Cooled Market by Country, 2020 - 2023, USD Million
TABLE 28 North America Hydrogen Cooled Market by Country, 2024 - 2031, USD Million
TABLE 29 North America Turbo Generator Market by Country, 2020 - 2023, USD Million
TABLE 30 North America Turbo Generator Market by Country, 2024 - 2031, USD Million
TABLE 31 US Turbo Generator Market, 2020 - 2023, USD Million
TABLE 32 US Turbo Generator Market, 2024 - 2031, USD Million
TABLE 33 US Turbo Generator Market by Type, 2020 - 2023, USD Million
TABLE 34 US Turbo Generator Market by Type, 2024 - 2031, USD Million
TABLE 35 US Turbo Generator Market by End User, 2020 - 2023, USD Million
TABLE 36 US Turbo Generator Market by End User, 2024 - 2031, USD Million
TABLE 37 US Turbo Generator Market by Cooling System, 2020 - 2023, USD Million
TABLE 38 US Turbo Generator Market by Cooling System, 2024 - 2031, USD Million
TABLE 39 Canada Turbo Generator Market, 2020 - 2023, USD Million
TABLE 40 Canada Turbo Generator Market, 2024 - 2031, USD Million
TABLE 41 Canada Turbo Generator Market by Type, 2020 - 2023, USD Million
TABLE 42 Canada Turbo Generator Market by Type, 2024 - 2031, USD Million
TABLE 43 Canada Turbo Generator Market by End User, 2020 - 2023, USD Million
TABLE 44 Canada Turbo Generator Market by End User, 2024 - 2031, USD Million
TABLE 45 Canada Turbo Generator Market by Cooling System, 2020 - 2023, USD Million
TABLE 46 Canada Turbo Generator Market by Cooling System, 2024 - 2031, USD Million
TABLE 47 Mexico Turbo Generator Market, 2020 - 2023, USD Million
TABLE 48 Mexico Turbo Generator Market, 2024 - 2031, USD Million
TABLE 49 Mexico Turbo Generator Market by Type, 2020 - 2023, USD Million
TABLE 50 Mexico Turbo Generator Market by Type, 2024 - 2031, USD Million
TABLE 51 Mexico Turbo Generator Market by End User, 2020 - 2023, USD Million
TABLE 52 Mexico Turbo Generator Market by End User, 2024 - 2031, USD Million
TABLE 53 Mexico Turbo Generator Market by Cooling System, 2020 - 2023, USD Million
TABLE 54 Mexico Turbo Generator Market by Cooling System, 2024 - 2031, USD Million
TABLE 55 Rest of North America Turbo Generator Market, 2020 - 2023, USD Million
TABLE 56 Rest of North America Turbo Generator Market, 2024 - 2031, USD Million
TABLE 57 Rest of North America Turbo Generator Market by Type, 2020 - 2023, USD Million
TABLE 58 Rest of North America Turbo Generator Market by Type, 2024 - 2031, USD Million
TABLE 59 Rest of North America Turbo Generator Market by End User, 2020 - 2023, USD Million
TABLE 60 Rest of North America Turbo Generator Market by End User, 2024 - 2031, USD Million
TABLE 61 Rest of North America Turbo Generator Market by Cooling System, 2020 - 2023, USD Million
TABLE 62 Rest of North America Turbo Generator Market by Cooling System, 2024 - 2031, USD Million
TABLE 63 Key Information – Suzlon Energy Limited
TABLE 64 Key Information – Beijing Jingcheng Machinery Electric Holding Co., Ltd.,
TABLE 65 Key Information – Andritz AG
TABLE 66 Key Information – Ansaldo Energia S.p.A.
TABLE 67 Key information – Bharat Heavy Electricals Ltd.
TABLE 68 Key Information – Ebara Corporation
TABLE 69 Key Information – Mitsubishi Heavy Industries Ltd.
TABLE 70 Key Information – Siemens AG
TABLE 71 Key Information – Toshiba Corporation
TABLE 72 Key Information – General Electric Company

List of Figures
FIG 1 Methodology for the research
FIG 2 North America 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 North America Turbo Generator Market share by Type, 2023
FIG 6 North America Turbo Generator Market share by Type, 2031
FIG 7 North America Turbo Generator Market by Type, 2020 - 2031, USD Million
FIG 8 North America Turbo Generator Market share by End User, 2023
FIG 9 North America Turbo Generator Market share by End User, 2031
FIG 10 North America Turbo Generator Market by End User, 2020 - 2031, USD Million
FIG 11 North America Turbo Generator Market share by Cooling System, 2023
FIG 12 North America Turbo Generator Market share by Cooling System, 2031
FIG 13 North America Turbo Generator Market by Cooling System, 2020 - 2031, USD Million
FIG 14 North America Turbo Generator Market share by Country, 2023
FIG 15 North America Turbo Generator Market share by Country, 2031
FIG 16 North America 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.