Steam Turbines Market by Type (Steam Cycle, Combined Cycle and Cogeneration), by Rated Capacity (1-120 MW, 121-350 MW, 351-750 MW and Above 750 MW), by Exhaust Type (Condensing and Noncondensing), by Application (Coal, Nuclear, Biomass and Others) and by Region (Americas, Asia-Pacific, Europe and Middle East & Africa) - Global Trends and Forecasts to 2020

蒸気タービンの世界市場動向及び予測

◆タイトル:Steam Turbines Market by Type (Steam Cycle, Combined Cycle and Cogeneration), by Rated Capacity (1-120 MW, 121-350 MW, 351-750 MW and Above 750 MW), by Exhaust Type (Condensing and Noncondensing), by Application (Coal, Nuclear, Biomass and Others) and by Region (Americas, Asia-Pacific, Europe and Middle East & Africa) - Global Trends and Forecasts to 2020
◆商品コード:MAM-EP-3888
◆調査・発行会社:MarketsandMarkets
◆発行日:2015年11月13日
◆ページ数:167
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【レポートの概要】

当調査レポートでは、蒸気タービンの世界市場について調査・分析し、エグゼクティブサマリー、市場インサイト、市場概観/市場動向、市場シェア分析、市場環境分析、種類別分析、容量別分析、排気タイプ別分析、用途別分析、市場規模及び予測、市場動向、競争状況、関連企業分析などの情報をお届けいたします。

Global steam turbine market is projected to grow at a CAGR of 4.4% from 2015 to 2020, to reach a market size of USD 19,292 Million by 2020. The growth is attributed to the continuing investments in electricity generation infrastructure, particularly in the large economies of Asia-Pacific region.

The report segments steam turbines market by fuel type, into coal, nuclear, biomass, and other. Steam turbines in coal power application are expected to be the fastest growing segment during the forecast period. Coal fired power generation continues to remain one of the most affordable option for developing economies in the world, particularly in Asia-Pacific. Moreover, there is sufficient supply of coal for usage as fuel, while other options such as natural gas require creation of new infrastructure for its import and use. Although, the world as a whole is slowly moving away from coal based power generation in view of growing environmental concerns, the transition is expected to be slow and would need syndicated efforts across different economies to take place.

In this report, the steam turbines market has been categorized on the basis of exhaust type into condensing and non-condensing. Condensing steam turbines are the most widely used type, largely due to its higher efficiency and the ability to produce more electricity at comparatively lower operational cost. The market for condensing turbines is also projected to grow at a faster pace than non-condensing ones, particularly due to demand from the large capacity thermal power plants.

Asia-Pacific is the leading market for steam turbines in 2014 with strong demand from China and India. It is also projected to be the fastest growing market with CAGR of 5% during the forecast period. China is expected to be the fastest growing market for steam turbines across the world, followed by India, with a CAGR of 5.7% and 5.5% during the forecast period respectively. These countries account for around 60% of the global thermal power capacity additions projected for the next five years helping drive the market for steam turbines.

Regulatory and policy restrictions on fossil-fuel fired power plants can however, restrain the growth of the steam turbines market. Growing concerns about the negative impact of carbon emissions on climate and consequent measures by regional and country level policies such as capping the amount of emissions acceptable from these plants have led to retirements of existing plants as well as shelving of future construction in favor of other options, even if they are more costly.

Market consolidation through mergers & acquisitions, along with joint ventures and collaborations has emerged as a distinct trend in the market. The recent acquisition of Alstom SA’s power systems business by General Electric is an example of this consolidation and is expected to alter the competitive dynamics of the market. The leading players in the steam turbines market include Alstom SA (France), Siemens AG (Germany), General Electric (U.S.), Mitsubishi Hitachi Power Systems (Japan), and Toshiba Corporation (Japan) among others.

【レポートの目次】

1 Introduction (Page No. – 17)
1.1 Objectives of the Study
1.2 Market Definition
1.3 Markets Covered
1.4 Years Considered in the Report
1.5 Currency
1.6 Package Size
1.7 Limitations
1.8 Stakeholders

2 Research Methodology (Page No. – 21)
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 Key Data From Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Data From Primary Sources
2.1.2.2 Breakdown of Primary Interviews
2.2 Market Size Estimation
2.3 Market Breakdown & Data Triangulation
2.4 Research Assumptions & Limitations
2.4.1 Assumptions
2.4.2 Limitations

3 Executive Summary (Page No. – 29)

4 Premium Insights (Page No. – 35)
4.1 Attractive Market Opportunities
4.2 Asia-Pacific: Potential Market to Invest During the Forecast Period
4.3 Coal Fired Power Plants Dominated the Steam Turbines Market, By Application in 2014
4.4 Steam Cycle (Conventional) Type Dominated the Steam Turbines Market in 2014
4.5 Increase in Demand for Steam Turbine for Coal Fired Power Plants in the Asia-Pacific Region
4.6 Steam Turbines Market, By Exhaust Type

5 Market Overview (Page No. – 41)
5.1 Market Evolution
5.2 Market Segmentation
5.2.1 By Type
5.2.2 By Rated Capacity
5.2.3 By Application
5.2.4 By Exhaust Type
5.2.5 By Region
5.3 Market Dynamics
5.3.1 Drivers
5.3.1.1 Increasing Electricity Consumption
5.3.1.2 Rising Thermal Power Capacity Additions
5.3.1.3 Increase in Combined Cycle and Co-Generation Operations
5.3.2 Restraint
5.3.2.1 Regulatory Policy Restrictions on Fossil-Fuel Fired Power Plants
5.3.2.2 Slowdown in Construction of New Nuclear Power Plants
5.3.3 Opportunity
5.3.3.1 Replacement/Upgrades of Aged Power Generation Infrastructure
5.3.4 Challenge
5.3.4.1 Boiler Efficiency and Steam Quality
5.4 Porter’s Five Forces Analysis
5.4.1 Threat of New Entrants
5.4.1.1 High Capital Requirements
5.4.2 Threat of Substitutes
5.4.2.1 Competition From Other Generation Technologies, Particularly Renewables
5.4.3 Bargaining Power of Suppliers
5.4.3.1 Dependence on Regulatory Policy in Buyers’ Market
5.4.4 Bargaining Power of Buyers
5.4.4.1 Concentration of Buyers in the Market
5.4.5 Intensity of Rivalry
5.4.5.1 High Degree of Competition
5.4.5.2 Most New Thermal Power Orders Coming From Limited Markets
5.5 Supply Chain Analysis

6 Steam Turbines Market, By Type (Page No. – 57)
6.1 Introduction
6.2 Steam Cycle (Conventional)
6.3 Combined Cycle
6.4 Cogeneration

7 Steam Turbines Market, By Rated Capacity (Page No. – 65)
7.1 Introduction
7.2 1-120 Mw
7.3 121-350 Mw
7.4 351-750 Mw
7.5 Above 750 Mw

8 Steam Turbines Market, By Exhaust Type (Page No. – 70)
8.1 Introduction
8.2 Condensing
8.3 Non-Condensing

9 Steam Turbines Market, By Application (Page No. – 74)
9.1 Introduction
9.2 Coal
9.3 Biomass
9.4 Nuclear
9.5 Others

10 Steam Turbines Market, By Region (Page No. – 83)
10.1 Introduction
10.2 Asia-Pacific
10.2.1 By Type
10.2.2 By Rated Capacity
10.2.3 By Application
10.2.4 By Exhaust Type
10.2.5 By Country
10.2.5.1 China
10.2.5.2 India
10.2.5.3 Japan
10.2.5.4 Rest of Asia-Pacific
10.3 Europe
10.3.1 By Type
10.3.2 By Rated Capacity
10.3.3 By Application
10.3.4 By Exhaust Type
10.3.5 By Country
10.3.5.1 Germany
10.3.5.2 Russia
10.3.5.3 France
10.3.5.4 U.K.
10.3.5.5 Rest of Europe
10.4 Americas
10.4.1 By Type
10.4.2 By Rated Capacity
10.4.3 By Application
10.4.4 By Exhaust Type
10.4.5 By Country
10.4.5.1 U.S.
10.4.5.2 Canada
10.4.5.3 Mexico
10.4.5.4 Brazil
10.4.5.5 Rest of Americas
10.5 Middle East & Africa
10.5.1 By Type
10.5.2 By Rated Capacity
10.5.3 By Application
10.5.4 By Exhaust Type
10.5.5 By Country
10.5.5.1 Saudi Arabia
10.5.5.2 South Africa
10.5.5.3 UAE
10.5.5.4 Rest of the Middle East & Africa

11 Competitive Landscape (Page No. – 121)
11.1 Overview
11.2 Market Share Analysis, 2014
11.3 Competitive Situation & Trends
11.4 Contracts & Agreements
11.5 Expansions
11.6 Mergers & Acquisitions
11.7 Others
11.8 New Product Developments

12 Company Profiles (Page No. – 130)
12.1 Introduction
12.2 Alstom SA
12.2.1 Business Overview
12.2.2 Products Offered
12.2.3 Recent Developments, 2014–2015
12.2.4 SWOT Analysis
12.2.5 MnM View
12.3 Siemens AG
12.3.1 Business Overview
12.3.2 Products Offered
12.3.3 Recent Developments, 2014–2015
12.3.4 SWOT Analysis
12.3.5 MnM View
12.4 Toshiba Corporation
12.4.1 Business Overview
12.4.2 Products Offered
12.4.3 Recent Developments, 2011–2015
12.4.4 SWOT Analysis
12.4.5 MnM View
12.5 General Electric Company
12.5.1 Business Overview
12.5.2 Products Offered
12.5.3 Recent Developments, 2012–2015
12.5.4 SWOT Analysis
12.5.5 MnM View
12.6 Mitsubishi Hitachi Power Systems, Ltd.
12.6.1 Business Overview
12.6.2 Products Offered
12.6.3 Recent Developments, 2013–2015
12.6.4 SWOT Analysis
12.6.5 MnM View
12.7 Eliott Group
12.7.1 Business Overview
12.7.2 Products Offered
12.7.3 Recent Developments, 2015
12.8 Ansaldo Energia S.P.A.
12.8.1 Business Overview
12.8.2 Products Offered
12.8.3 Recent Developments, 2014–September 2015
12.9 Shanghai Electric Group Co. Ltd.
12.9.1 Business Overview
12.9.2 Products Offered
12.9.3 Recent Developments
12.10 Dongfang Electric Corporation Limited
12.10.1 Business Overview
12.10.2 Products Offered
12.10.3 Developments, 2014
12.11 Harbin Electric International Company Limited
12.11.1 Business Overview
12.11.2 Products Offered
12.11.3 Developments, 2012–2013
12.12 Doosan Skoda Power
12.12.1 Introduction
12.12.2 Product Offered
12.12.3 Recent Developments, 2011–September 2015
12.13 Bharat Heavy Electricals Limited
12.13.1 Business Overview 175
12.13.2 Products Offered
12.13.3 Recent Developments, 2013–April 2015
12.14 Fuji Electric Co., Ltd.
12.14.1 Business Overview
12.14.2 Products Offered
12.14.3 Recent Developments, 2012–May 2015
12.15 Man Diesel & Turbo SE
12.15.1 Business Overview
12.15.2 Products Offered
12.15.3 Recent Developments, 2011–June 2015

13 Appendix (Page No. – 184)
13.1 Insights of Industry Experts
13.2 Discussion Guide
13.3 Available Customizations
13.4 Related Reports

List of Tables (67 Tables)

Table 1 Increasing Electricity Consumption and Rising Thermal Power Capacity Additions are Propelling the Growth of the Steam Turbines Market
Table 2 Regulatory Hurdles and Slowdown in Nuclear Power Projects Restrain Market Growth
Table 3 Replacement/Upgrades of Aged Power Generation Infrastructure is an Opportunity for the Steam Turbines Market
Table 4 Boiler Efficiency and Steam Quality is A Challenge
Table 5 Steam Turbines Market Size, By Type, 2013-2020 (USD Million)
Table 6 Steam Cycle (Conventional) Steam Turbines Market Size, By Region, 2013-2020 (USD Million)
Table 7 Combined Cycle Steam Turbines Market Size, By Region, 2013-2020 (USD Million)
Table 8 Cogeneration: Steam Turbines Market Size, By Region, 2013-2020 (USD Million)
Table 9 Steam Turbines Market, By Rated Capacity, 2013-2020 (USD Million)
Table 10 1-120 Mw Steam Turbines Market, By Rated Capacity, 2013-2020 (USD Million)
Table 11 121-350 Mw Steam Turbines Market, By Rated Capacity, 2013-2020 (USD Million)
Table 12 351-750 Mw Steam Turbines Market, By Rated Capacity, 2013-2020 (USD Million)
Table 13 Above 750 Mw Steam Turbines Market, By Rated Capacity, 2013-2020 (USD Million)
Table 14 Difference Between Condensing and Non-Condensing Steam Turbine
Table 15 Steam Turbines Market Size, By Application, 2013-2020 (USD Million)
Table 16 Coal -Powered Steam Turbines Market Size, By Application, 2012-2020 (USD Million)
Table 17 Steam Turbines Coal Application Market Size, By Top Countries, 2013–2020 (USD Million)
Table 18 Biomass-Powered Steam Turbines Market Size, By Application, 2012-2020 (USD Million)
Table 19 Steam Turbines Biomass Application Market Size, By Top Countries, 2013–2020 (USD Million)
Table 20 Nuclear Energy Powered Steam Turbines Market Size, By Application, 2012-2020 (USD Million)
Table 21 Steam Turbines Nuclear Application Market Size, By Top Countries, 2013–2020 (USD Million)
Table 22 Other Fuel Powered Steam Turbines Market Size, By Application, 2012-2020 (USD Million)
Table 23 Steam Turbines Other Application Market Size, By Top Countries, 2013–2020 (USD Million)
Table 24 Steam Turbines Market Size, By Region, 2013–2020 (USD Million)
Table 25 Asia-Pacific: Steam Turbines Market Size, By Type, 2013–2020 (USD Million)
Table 26 Asia-Pacific: Steam Turbines Market Size, By Rated Capacity, 2013–2020 (USD Million)
Table 27 Asia-Pacific: Steam Turbines Market Size, By Application, 2013–2020 (USD Million)
Table 28 Asia-Pacific: Steam Turbines Market Size, By Exhaust Type, 2013–2020 (USD Million)
Table 29 Asia-Pacific: Steam Turbines Market Size, By Country, 2013–2020 (USD Million)
Table 30 China: Steam Turbines Market Size, By Application, 2013–2020 (USD Million)
Table 31 India: Steam Turbines Market Size, By Application, 2013–2020 (USD Million)
Table 32 Japan: Steam Turbines Market Size, By Application, 2013–2020 (USD Million)
Table 33 Rest of Asia-Pacific: Steam Turbines Market Size, By Application, 2013–2020 (USD Million)
Table 34 Europe: Steam Turbines Market Size, By Type, 2013–2020 (USD Million)
Table 35 Europe: Steam Turbines Market Size, By Rated Capacity, 2013–2020 (USD Million)
Table 36 Europe: Steam Turbines Market Size, By Application, 2013–2020 (USD Million)
Table 37 Europe: Steam Turbines Market Size, By Exhaust Type, 2013–2020 (USD Million)
Table 38 Europe: Steam Turbines Market Size, By Country, 2013–2020 (USD Million)
Table 39 Germany: Steam Turbines Market Size, By Application, 2013–2020 (USD Million)
Table 40 Russia: Steam Turbines Market Size, By Application, 2013–2020 (USD Million)
Table 41 France: Steam Turbines Market Size, By Application, 2013–2020 (USD Million)
Table 42 U.K.: Steam Turbines Market Size, By Application, 2013–2020 (USD Million)
Table 43 Rest of Europe: Steam Turbines Market Size, By Application, 2013–2020 (USD Million)
Table 44 Americas: Steam Turbines Market Size, By Type, 2013–2020 (USD Million)
Table 45 Americas: Steam Turbines Market Size, By Rated Capacity, 2013–2020 (USD Million)
Table 46 Americas: Steam Turbines Market Size, By Application, 2013–2020 (USD Million)
Table 47 Americas: Steam Turbines Market Size, By Exhaust Type, 2013–2020 (USD Million)
Table 48 Americas: Steam Turbines Market Size, By Country, 2013–2020 (USD Million)
Table 49 U.S.: Steam Turbines Market Size, By Application, 2013–2020 (USD Million)
Table 50 Canada: Steam Turbines Market Size, By Application, 2013–2020 (USD Million)
Table 51 Mexico: Steam Turbines Market Size, By Application, 2013–2020 (USD Million)
Table 52 Brazil: Steam Turbines Market Size, By Application, 2013–2020 (USD Million)
Table 53 Rest of Americas: Steam Turbines Market Size, By Application, 2013–2020 (USD Million)
Table 54 Middle East & Africa: Steam Turbines Market Size, By Type, 2013–2020 (USD Million)
Table 55 Middle East & Africa: Steam Turbines Market Size, By Rated Capacity, 2013–2020 (USD Million)
Table 56 Middle East & Africa: Steam Turbines Market Size, By Application, 2013–2020 (USD Million)
Table 57 Middle East & Africa: Steam Turbines Market Size, By Exhaust Type, 2013–2020 (USD Million)
Table 58 Middle East & Africa: Steam Turbines Market Size, By Country, 2013–2020 (USD Million)
Table 59 Saudi Arabia: Steam Turbines Market Size, By Application, 2013–2020 (USD Million)
Table 60 South Africa: Steam Turbines Market Size, By Application, 2013–2020 (USD Million)
Table 61 UAE: Steam Turbines Market Size, By Application, 2013–2020 (USD Million)
Table 62 Rest of the Middle East & Africa: Steam Turbines Market Size, By Application, 2013–2020 (USD Million)
Table 63 Contracts & Agreements, 2015
Table 64 Expansions, 2014–2015
Table 65 Mergers & Acquisitions, 2014-2015
Table 66 Others, 2013–2015
Table 67 New Product Developments, 2012-2013

List of Figures (67 Figures)

Figure 1 Markets Covered: Global Steam Turbines Market
Figure 2 Steam Turbines Market: Research Design
Figure 3 Market Size Estimation Methodology: Bottom-Up Approach
Figure 4 Market Size Estimation Methodology: Top-Down Approach
Figure 5 Data Triangulation Methodology
Figure 6 Steam Turbines Market: Regional Snapshot (2015 vs 2020)
Figure 7 Asia-Pacific Dominated the Steam Turbines Market in 2014
Figure 8 Asia-Pacific is Expected to Be A Potential Market to Demand Steam Turbine for Coal-Fired Power Plant Application in 2020
Figure 9 Steam Turbines Market Size, By Type, 2015 & 2020 (USD Million)
Figure 10 Steam Turbines Market Size, By Rated Capacity, 2014
Figure 11 Steam Turbines Market Size, By Exhaust Type, 2014-2020 (USD Million)
Figure 12 Consequent Investments on Expanding Power Generation Capacities is Expected to Drive Steam Turbines Market in the Future
Figure 13 Asia-Pacific is Expected to Dominate the Steam Turbines Market By 2020
Figure 14 Steam Turbine With Rated Capacity of 351-750 Mw Dominated the Steam Turbines Market in 2014
Figure 15 Steam Cycle is Expected to Dominate the Steam Turbines Market During the Forecast Period
Figure 16 Demand for Programmable Electronic Sectionalizer is Expected to Be on A Rise During the Forecast Period
Figure 17 Condensing Type Dominated the Exhaust Type Steam Turbines Market in 2014
Figure 18 Improving Efficiency of Steam Turbines is the Top Priority of Modern Steam Turbine Designs
Figure 19 Segmentation of Steam Turbines Market
Figure 20 Segmentation of Steam Turbines Market, By Type
Figure 21 Segmentation of Steam Turbines Market, By Rated Capacity
Figure 22 Segmentation of Steam Turbines Market, By Application
Figure 23 Segmentation of the Steam Turbines Market, By Application
Figure 24 Segmentation of the Steam Turbines Market, By Region
Figure 25 Market Dynamics of Steam Turbines
Figure 26 India: Increase in GDP and Electricity Consumption, 2009-2012
Figure 27 Porter’s Five Forces Analysis: Intensity of Rivalry is High in the Steam Turbines Market
Figure 28 Steam Turbines: Supply Chain
Figure 29 Steam Cycle (Conventional) Steam Turbines Market Expected to Dominate the Steam Turbines Market, By Type During the Forecast Period
Figure 30 Asia-Pacific: A Potential Market for All Types of Steam Turbines
Figure 31 Asia-Pacific & Europe: Key Regions to Demand Steam Cycle Steam Turbine in the Next Five Years
Figure 32 Typical Advantages of Cogeneration
Figure 33 Key Drivers for 351-750 Mw & Above 750 Mw Segment
Figure 34 Condensing Type is Expected to Dominate the Steam Turbines Market During the Forecast Period
Figure 35 Steam Turbines Market Size, By Exhaust Type, 2013-2020 (USD Million)
Figure 36 Condensing Steam Turbines Market Size, By Region, 2013-2020 (USD Million)
Figure 37 Non-Condensing Steam Turbines Market Size, By Region, 2013-2020 (USD Million)
Figure 38 Coal Segment Expected to Dominate the Steam Turbines Market During the Forecast Period
Figure 39 Steam Turbines Market Share (Value), By Region, 2014
Figure 40 China and India are Expected to Witness Strongest Growth During the Forecast Period
Figure 41 Asia-Pacific and the Middle East & Africa are Expected to Be the Two Fastest Growing Markets During the Forecast Period
Figure 42 Regional Snapshot: Asia-Pacific Offers Attractive Market Opportunities
Figure 43 South Africa is Expected to Be A Potential Market for Steam Turbine During the Forecast Period
Figure 44 Companies Adopted Contracts & Agreements as the Key Growth Strategy, 2011-2015
Figure 45 Alstom SA Accounted for the Largest Share in the Steam Turbines Market, 2014
Figure 46 Market Evaluation Framework
Figure 47 Battle for Market Share: Contracts & Agreements is the Key Strategy
Figure 48 Regional Revenue Mix of Top 5 Market Players
Figure 49 Alstom SA: Company Snapshot
Figure 50 Alstom SA: SWOT Analysis
Figure 51 Siemens AG: Company Snapshot
Figure 52 Siemens: SWOT Analysis
Figure 53 Toshiba Corporation: Company Snapshot
Figure 54 Toshiba: SWOT Analysis
Figure 55 General Electric Company: Company Snapshot
Figure 56 General Electric Company: SWOT Analysis
Figure 57 Mitsubishi Hitachi Power Systems, Ltd: Company Snapshot
Figure 58 Mitsubishi Hitachi Power Systems, Ltd: SWOT Analysis
Figure 59 Elliott Group: Company Snapshot
Figure 60 Anslaldo Energia S.P.A.: Company Snapshot
Figure 61 Shanghai Electric Group Co. Ltd.: Company Snapshot
Figure 62 Dongfang Electric Corporation Limited: Company Snapshot
Figure 63 Harbin Electric International Company Limited: Company Snapshot
Figure 64 Doosan Skoda Power: Company Snapshot
Figure 65 Bharat Heavy Electricals Limited: Company Snapshot
Figure 66 Fuji Electric Co. Ltd.: Company Snapshot
Figure 67 Man Diesel & Turbo SE: Company Snapshot

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