APO Research
Talk to an analyst

APO RESEARCH · REPORT

API Steam Turbine

Compare research editions
View pricing & licenses

Selected research

Industry Growth & Trends

Global API Steam Turbine Industry Growth and Trends Forecast to 2032

15 January 2026104 pages

Choose your research edition.

Industry ResearchAPI Steam Turbine Industry Research Report 2026125 pages · $2,950 USDIndustry Growth & TrendsGlobal API Steam Turbine Industry Growth and Trends Forecast to 2032104 pages · $3,450 USDMarket StructureGlobal API Steam Turbine Market by Size, by Type, by Application, by Region, History and Forecast 2021-2032198 pages · $3,950 USDMarket Outlook & Growth OpportunitiesGlobal API Steam Turbine Market Outlook and Growth Opportunities 2026194 pages · $4,250 USDMarket Analysis & ForecastGlobal API Steam Turbine Market Analysis and Forecast 2026-2032217 pages · $4,950 USD

Market perspective

The global API Steam Turbine market was valued at US$ million in 2026 and is projected to reach US$ million by 2032, implying a CAGR of xx% over 2026-2032.

The North America market for API Steam Turbine is projected to increase from US$ million in 2026 to US$ million by 2032, corresponding to a CAGR of % over 2026-2032.

The Europe market for API Steam Turbine is projected to increase from US$ million in 2026 to US$ million by 2032, registering a CAGR of % over 2026-2032.

Read the full market overview

The Asia Pacific market for API Steam Turbine is projected to increase from US$ million in 2026 to US$ million by 2032, at a CAGR of % over 2026-2032.

Leading global manufacturers of API Steam Turbine include Siemens, General Electric, Shanghai Electric, Dongfang Turbine, Hangzhou Steam Turbine(HTC), MAN Energy Solutions, Kawasaki Heavy Industries, Mitsubishi Hitachi Power Systems and Elliott, among others. In 2025, the top three vendors together accounted for approximately % of global revenue.

Report Scope

This report provides a structured, data-driven view of the global API Steam Turbine market, combining harmonized quantitative metrics with targeted qualitative insight to support business and growth strategy, market positioning, and capital allocation.

The API Steam Turbine market size, estimates, and forecasts are presented in terms of sales volume (units) and revenue (US$ million), with 2025 as the base year and historical and forecast data for 2021-2032. The report segments the global API Steam Turbine market by Type, Application, region/country, and company, provides regional market sizes at the segment level, profiles the competitive landscape and key players and their market ranks, and reviews technology trends and new product developments relevant to API Steam Turbine.

Key Companies & Market Share Insights

This section analyzes the strategies and performance of leading manufacturers in the global API Steam Turbine market, including portfolio focus, innovation and product development, mergers and acquisitions, collaborations, and geographic expansion used to sustain or enhance competitive positions. It also summarizes recent corporate developments and key financial indicators and provides global revenue, price, and sales volume data by manufacturer for 2020-2025, enabling benchmarking of scale, pricing, and market share and supporting assessment of market concentration through indicators such as CR5 and CR10.

API Steam Turbine Market by Company

Siemens

General Electric

Shanghai Electric

Dongfang Turbine

Hangzhou Steam Turbine(HTC)

MAN Energy Solutions

Kawasaki Heavy Industries

Mitsubishi Hitachi Power Systems

Elliott

Triveni Turbine

Kessels

KEPL

CTMI

Skinner Power Systems

API Steam Turbine Segment by Type

API 611 General Purpose Steam Turbine

API 612 Special Purpose Turbine

API Steam Turbine Segment by Application

Oil and Gas

Chemical

Power Generation

Others

API Steam Turbine Segment by Region

North America

United States

Canada

Mexico

Europe

Germany

France

U.K.

Italy

Russia

Spain

Netherlands

Switzerland

Sweden

Poland

Asia-Pacific

China

Japan

South Korea

India

Australia

Taiwan

Southeast Asia

South America

Brazil

Argentina

Chile

Colombia

Middle East & Africa

Egypt

South Africa

Israel

Türkiye

GCC Countries

Key Drivers & Barriers

High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.

Reasons to Buy This Report

1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global API Steam Turbine market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.

2. This report will help stakeholders to understand the global industry status and trends of API Steam Turbine and provides them with information on key market drivers, restraints, challenges, and opportunities.

3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.

4. This report stays updated with novel technology integration, features, and the latest developments in the market.

5. This report helps stakeholders to gain insights into which regions to target globally.

6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of API Steam Turbine.

7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.

Chapter Outline

Chapter 1: Introduces the study scope of this report, executive summary of market segments by type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.

Chapter 2: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter 3: Detailed analysis of API Steam Turbine manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.

Chapter 4: Sales, revenue of API Steam Turbine in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.

Chapter 5: Introduces market segments by application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.

Chapter 6: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.

Chapter 7, 8, 9, 10 and 11: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.

Chapter 12: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics.

Chapter 13: Concluding Insights of the report.

More report detail

Tables and figures
List of Tables Table 1. Major Company of API 611 General Purpose Steam Turbine Table 2. Major Company of API 612 Special Purpose Turbine Table 3. Global API Steam Turbine Sales by Type (2021 VS 2025 VS 2032) & (US$ Million) Table 4. Global API Steam Turbine Sales by Type (2021-2026) & (units) Table 5. Global API Steam Turbine Sales Market Share in Volume by Type (2021-2026) Table 6. Global API Steam Turbine Sales by Type (2021-2026) & (US$ Million) Table 7. Global API Steam Turbine Sales Market Share in Value by Type (2021-2026) Table 8. Global API Steam Turbine Price by Type (2021-2026) & (USD/unit) Table 9. Global API Steam Turbine Sales by Type (2027-2032) & (units) Table 10. Global API Steam Turbine Sales Market Share in Volume by Type (2027-2032) Table 11. Global API Steam Turbine Sales by Type (2027-2032) & (US$ Million) Table 12. Global API Steam Turbine Sales Market Share in Value by Type (2027-2032) Table 13. Global API Steam Turbine Price by Type (2027-2032) & (USD/unit) Table 14. North America API Steam Turbine Sales by Type (2021-2026) & (units) Table 15. North America API Steam Turbine Sales by Type (2021-2026) & (US$ Million) Table 16. Europe API Steam Turbine Sales by Type (2021-2026) & (units) Table 17. Europe API Steam Turbine Sales by Type (2021-2026) & (US$ Million) Table 18. Asia-Pacific API Steam Turbine Sales by Type (2021-2026) & (units) Table 19. Asia-Pacific API Steam Turbine Sales by Type (2021-2026) & (US$ Million) Table 20. Latin America API Steam Turbine Sales by Type (2021-2026) & (units) Table 21. Latin America API Steam Turbine Sales by Type (2021-2026) & (US$ Million) Table 22. Middle East and Africa API Steam Turbine Sales by Type (2021-2026) & (units) Table 23. Middle East and Africa API Steam Turbine Sales by Type (2021-2026) & (US$ Million) Table 24. API Steam Turbine Industry Trends Table 25. API Steam Turbine Industry Drivers Table 26. API Steam Turbine Industry Opportunities and Challenges Table 27. API Steam Turbine Industry Restraints Table 28. Global API Steam Turbine Sales Revenue by Company (US$ Million) & (2021-2026) Table 29. Global API Steam Turbine Revenue Market Share by Company (2021-2026) Table 30. Global API Steam Turbine Sales by Company (2021-2026) & (units) Table 31. Global API Steam Turbine Sales Share by Company (2021-2026) Table 32. Global API Steam Turbine Market Price by Company (2021-2026) & (USD/unit) Table 33. Global API Steam Turbine Industry Company Ranking, 2024 VS 2025 VS 2026 Table 34. Global API Steam Turbine Major Company Production Sites and Headquarters Table 35. Global API Steam Turbine Company, Product Type & Application Table 36. Global API Steam Turbine Company Establishment Date Table 37. Global Company Market Concentration Ratio (CR5 and HHI) Table 38. Global API Steam Turbine by Company Type (Tier 1, Tier 2, and Tier 3) & (Based on the Revenue of 2025) Table 39. Global API Steam Turbine Market Size Comparison by Region (US$ Million): 2021 VS 2025 VS 2032 Table 40. Global API Steam Turbine Sales by Region (2021-2026) & (units) Table 41. Global API Steam Turbine Sales Market Share in Volume by Region (2021-2026) Table 42. Global API Steam Turbine Sales by Region (2021-2026) & (US$ Million) Table 43. Global API Steam Turbine Sales Market Share in Value by Region (2021-2026) Table 44. Global API Steam Turbine Sales (units), Value (US$ Million), Price (USD/unit) and Gross Margin (2021-2026) Table 45. Global API Steam Turbine Sales by Region (2027-2032) & (units) Table 46. Global API Steam Turbine Sales Market Share in Volume by Region (2027-2032) Table 47. Global API Steam Turbine Sales by Region (2027-2032) & (US$ Million) Table 48. Global API Steam Turbine Sales Market Share in Value by Region (2027-2032) Table 49. Global API Steam Turbine Sales (units), Value (US$ Million), Price (USD/unit) and Gross Margin (2027-2032) Table 50. Global API Steam Turbine Sales by Application (2021 VS 2025 VS 2032) & (US$ Million) Table 51. Global API Steam Turbine Sales by Application (2021-2026) & (units) Table 52. Global API Steam Turbine Sales Market Share in Volume by Application (2021-2026) Table 53. Global API Steam Turbine Sales by Application (2021-2026) & (US$ Million) Table 54. Global API Steam Turbine Sales Market Share in Value by Application (2021-2026) Table 55. Global API Steam Turbine Price by Application (2021-2026) & (USD/unit) Table 56. Global API Steam Turbine Sales by Application (2027-2032) & (units) Table 57. Global API Steam Turbine Sales Market Share in Volume by Application (2027-2032) Table 58. Global API Steam Turbine Sales by Application (2027-2032) & (US$ Million) Table 59. Global API Steam Turbine Sales Market Share in Value by Application (2027-2032) Table 60. Global API Steam Turbine Price by Application (2027-2032) & (USD/unit) Table 61. North America API Steam Turbine Sales by Application (2021-2026) & (units) Table 62. North America API Steam Turbine Sales by Application (2021-2026) & (US$ Million) Table 63. Europe API Steam Turbine Sales by Application (2021-2026) & (units) Table 64. Europe API Steam Turbine Sales by Application (2021-2026) & (US$ Million) Table 65. Asia-Pacific API Steam Turbine Sales by Application (2021-2026) & (units) Table 66. Asia-Pacific API Steam Turbine Sales by Application (2021-2026) & (US$ Million) Table 67. Latin America API Steam Turbine Sales by Application (2021-2026) & (units) Table 68. Latin America API Steam Turbine Sales by Application (2021-2026) & (US$ Million) Table 69. Middle East and Africa API Steam Turbine Sales by Application (2021-2026) & (units) Table 70. Middle East and Africa API Steam Turbine Sales by Application (2021-2026) & (US$ Million) Table 71. Siemens Company Information Table 72. Siemens Business Overview Table 73. Siemens API Steam Turbine Sales (units), Revenue (US$ Million), Price (USD/unit) and Gross Margin (2021-2026) Table 74. Siemens API Steam Turbine Product Portfolio Table 75. Siemens Recent Development Table 76. General Electric Company Information Table 77. General Electric Business Overview Table 78. General Electric API Steam Turbine Sales (units), Revenue (US$ Million), Price (USD/unit) and Gross Margin (2021-2026) Table 79. General Electric API Steam Turbine Product Portfolio Table 80. General Electric Recent Development Table 81. Shanghai Electric Company Information Table 82. Shanghai Electric Business Overview Table 83. Shanghai Electric API Steam Turbine Sales (units), Revenue (US$ Million), Price (USD/unit) and Gross Margin (2021-2026) Table 84. Shanghai Electric API Steam Turbine Product Portfolio Table 85. Shanghai Electric Recent Development Table 86. Dongfang Turbine Company Information Table 87. Dongfang Turbine Business Overview Table 88. Dongfang Turbine API Steam Turbine Sales (units), Revenue (US$ Million), Price (USD/unit) and Gross Margin (2021-2026) Table 89. Dongfang Turbine API Steam Turbine Product Portfolio Table 90. Dongfang Turbine Recent Development Table 91. Hangzhou Steam Turbine(HTC) Company Information Table 92. Hangzhou Steam Turbine(HTC) Business Overview Table 93. Hangzhou Steam Turbine(HTC) API Steam Turbine Sales (units), Revenue (US$ Million), Price (USD/unit) and Gross Margin (2021-2026) Table 94. Hangzhou Steam Turbine(HTC) API Steam Turbine Product Portfolio Table 95. Hangzhou Steam Turbine(HTC) Recent Development Table 96. MAN Energy Solutions Company Information Table 97. MAN Energy Solutions Business Overview Table 98. MAN Energy Solutions API Steam Turbine Sales (units), Revenue (US$ Million), Price (USD/unit) and Gross Margin (2021-2026) Table 99. MAN Energy Solutions API Steam Turbine Product Portfolio Table 100. MAN Energy Solutions Recent Development Table 101. Kawasaki Heavy Industries Company Information Table 102. Kawasaki Heavy Industries Business Overview Table 103. Kawasaki Heavy Industries API Steam Turbine Sales (units), Revenue (US$ Million), Price (USD/unit) and Gross Margin (2021-2026) Table 104. Kawasaki Heavy Industries API Steam Turbine Product Portfolio Table 105. Kawasaki Heavy Industries Recent Development Table 106. Mitsubishi Hitachi Power Systems Company Information Table 107. Mitsubishi Hitachi Power Systems Business Overview Table 108. Mitsubishi Hitachi Power Systems API Steam Turbine Sales (units), Revenue (US$ Million), Price (USD/unit) and Gross Margin (2021-2026) Table 109. Mitsubishi Hitachi Power Systems API Steam Turbine Product Portfolio Table 110. Mitsubishi Hitachi Power Systems Recent Development Table 111. Elliott Company Information Table 112. Elliott Business Overview Table 113. Elliott API Steam Turbine Sales (units), Revenue (US$ Million), Price (USD/unit) and Gross Margin (2021-2026) Table 114. Elliott API Steam Turbine Product Portfolio Table 115. Elliott Recent Development Table 116. Triveni Turbine Company Information Table 117. Triveni Turbine Business Overview Table 118. Triveni Turbine API Steam Turbine Sales (units), Revenue (US$ Million), Price (USD/unit) and Gross Margin (2021-2026) Table 119. Triveni Turbine API Steam Turbine Product Portfolio Table 120. Triveni Turbine Recent Development Table 121. Kessels Company Information Table 122. Kessels Business Overview Table 123. Kessels API Steam Turbine Sales (units), Revenue (US$ Million), Price (USD/unit) and Gross Margin (2021-2026) Table 124. Kessels API Steam Turbine Product Portfolio Table 125. Kessels Recent Development Table 126. KEPL Company Information Table 127. KEPL Business Overview Table 128. KEPL API Steam Turbine Sales (units), Revenue (US$ Million), Price (USD/unit) and Gross Margin (2021-2026) Table 129. KEPL API Steam Turbine Product Portfolio Table 130. KEPL Recent Development Table 131. CTMI Company Information Table 132. CTMI Business Overview Table 133. CTMI API Steam Turbine Sales (units), Revenue (US$ Million), Price (USD/unit) and Gross Margin (2021-2026) Table 134. CTMI API Steam Turbine Product Portfolio Table 135. CTMI Recent Development Table 136. Skinner Power Systems Company Information Table 137. Skinner Power Systems Business Overview Table 138. Skinner Power Systems API Steam Turbine Sales (units), Revenue (US$ Million), Price (USD/unit) and Gross Margin (2021-2026) Table 139. Skinner Power Systems API Steam Turbine Product Portfolio Table 140. Skinner Power Systems Recent Development Table 141. North America API Steam Turbine Market Size Growth Rate (CAGR) by Country (units): 2021 VS 2025 VS 2032 Table 142. North America API Steam Turbine Sales by Country (2021-2026) & (units) Table 143. North America API Steam Turbine Sales Market Share by Country (2021-2026) Table 144. North America API Steam Turbine Sales Forecast by Country (2027-2032) & (units) Table 145. North America API Steam Turbine Sales Market Share Forecast by Country (2027-2032) Table 146. North America API Steam Turbine Market Size Growth Rate (CAGR) by Country (US$ Million): 2021 VS 2025 VS 2032 Table 147. North America API Steam Turbine Market Size by Country (2021-2026) & (US$ Million) Table 148. North America API Steam Turbine Market Share by Country (2021-2026) Table 149. North America API Steam Turbine Market Size Forecast by Country (2027-2032) & (US$ Million) Table 150. North America API Steam Turbine Market Share Forecast by Country (2027-2032) Table 151. Europe API Steam Turbine Market Size Growth Rate (CAGR) by Country (units): 2021 VS 2025 VS 2032 Table 152. Europe API Steam Turbine Sales by Country (2021-2026) & (units) Table 153. Europe API Steam Turbine Sales Market Share by Country (2021-2026) Table 154. Europe API Steam Turbine Sales Forecast by Country (2027-2032) & (units) Table 155. Europe API Steam Turbine Sales Market Share Forecast by Country (2027-2032) Table 156. Europe API Steam Turbine Market Size Growth Rate (CAGR) by Country (US$ Million): 2021 VS 2025 VS 2032 Table 157. Europe API Steam Turbine Market Size by Country (2021-2026) & (US$ Million) Table 158. Europe API Steam Turbine Market Share by Country (2021-2026) Table 159. Europe API Steam Turbine Market Size Forecast by Country (2027-2032) & (US$ Million) Table 160. Europe API Steam Turbine Market Share Forecast by Country (2027-2032) Table 161. Asia-Pacific API Steam Turbine Market Size Growth Rate (CAGR) by Country (units): 2021 VS 2025 VS 2032 Table 162. Asia-Pacific API Steam Turbine Sales by Country (2021-2026) & (units) Table 163. Asia-Pacific API Steam Turbine Sales Market Share by Country (2021-2026) Table 164. Asia-Pacific API Steam Turbine Sales Forecast by Country (2027-2032) & (units) Table 165. Asia-Pacific API Steam Turbine Sales Market Share Forecast by Country (2027-2032) Table 166. Asia-Pacific API Steam Turbine Market Size Growth Rate (CAGR) by Country (US$ Million): 2021 VS 2025 VS 2032 Table 167. Asia-Pacific API Steam Turbine Market Size by Country (2021-2026) & (US$ Million) Table 168. Asia-Pacific API Steam Turbine Market Share by Country (2021-2026) Table 169. Asia-Pacific API Steam Turbine Market Size Forecast by Country (2027-2032) & (US$ Million) Table 170. Asia-Pacific API Steam Turbine Market Share Forecast by Country (2027-2032) Table 171. Latin America API Steam Turbine Market Size Growth Rate (CAGR) by Country (units): 2021 VS 2025 VS 2032 Table 172. Latin America API Steam Turbine Sales by Country (2021-2026) & (units) Table 173. Latin America API Steam Turbine Sales Market Share by Country (2021-2026) Table 174. Latin America API Steam Turbine Sales Forecast by Country (2027-2032) & (units) Table 175. Latin America API Steam Turbine Sales Market Share Forecast by Country (2027-2032) Table 176. Latin America API Steam Turbine Market Size Growth Rate (CAGR) by Country (US$ Million): 2021 VS 2025 VS 2032 Table 177. Latin America API Steam Turbine Market Size by Country (2021-2026) & (US$ Million) Table 178. Latin America API Steam Turbine Market Share by Country (2021-2026) Table 179. Latin America API Steam Turbine Market Size Forecast by Country (2027-2032) & (US$ Million) Table 180. Latin America API Steam Turbine Market Share Forecast by Country (2027-2032) Table 181. Middle East and Africa API Steam Turbine Market Size Growth Rate (CAGR) by Country (units): 2021 VS 2025 VS 2032 Table 182. Middle East and Africa API Steam Turbine Sales by Country (2021-2026) & (units) Table 183. Middle East and Africa API Steam Turbine Sales Market Share by Country (2021-2026) Table 184. Middle East and Africa API Steam Turbine Sales Forecast by Country (2027-2032) & (units) Table 185. Middle East and Africa API Steam Turbine Sales Market Share Forecast by Country (2027-2032) Table 186. Middle East and Africa API Steam Turbine Market Size Growth Rate (CAGR) by Country (US$ Million): 2021 VS 2025 VS 2032 Table 187. Middle East and Africa API Steam Turbine Market Size by Country (2021-2026) & (US$ Million) Table 188. Middle East and Africa API Steam Turbine Market Share by Country (2021-2026) Table 189. Middle East and Africa API Steam Turbine Market Size Forecast by Country (2027-2032) & (US$ Million) Table 190. Middle East and Africa API Steam Turbine Market Share Forecast by Country (2027-2032) Table 191. Key Raw Materials Table 192. Raw Materials Key Suppliers Table 193. API Steam Turbine Distributors List Table 194. API Steam Turbine Customers List Table 195. Research Programs/Design for This Report Table 196. Authors List of This Report Table 197. Secondary Sources Table 198. Primary Sources List of Figures Figure 1. API Steam Turbine Image Figure 2. Global API Steam Turbine Market Size (US$ Million), 2021 VS 2025 VS 2032 Figure 3. Global API Steam Turbine Market Size (2021-2032) & (US$ Million) Figure 4. Global API Steam Turbine Sales (2021-2032) & (units) Figure 5. API 611 General Purpose Steam Turbine Image Figure 6. Global API 611 General Purpose Steam Turbine Sales YoY Growth (2021-2032) & (units) Figure 7. API 612 Special Purpose Turbine Image Figure 8. Global API 612 Special Purpose Turbine Sales YoY Growth (2021-2032) & (units) Figure 9. Global API Steam Turbine Market Size Overview by Type (2021-2032) & (US$ Million) Figure 10. Global API Steam Turbine Market Share by Type 2025 VS 2032 Figure 11. North America API Steam Turbine Sales Market Share in Volume by Type in 2025 Figure 12. North America API Steam Turbine Sales Market Share in Value by Type in 2025 Figure 13. Europe API Steam Turbine Sales Market Share in Volume by Type in 2025 Figure 14. Europe API Steam Turbine Sales Market Share in Value by Type in 2025 Figure 15. Asia-Pacific API Steam Turbine Sales Market Share in Volume by Type in 2025 Figure 16. Asia-Pacific API Steam Turbine Sales Market Share in Value by Type in 2025 Figure 17. Latin America API Steam Turbine Sales Market Share in Volume by Type in 2025 Figure 18. Latin America API Steam Turbine Sales Market Share in Value by Type in 2025 Figure 19. Middle East and Africa API Steam Turbine Sales Market Share in Volume by Type in 2025 Figure 20. Middle East and Africa API Steam Turbine Sales Market Share in Value by Type in 2025 Figure 21. Global Top 5 and 10 API Steam Turbine Players Market Share by Revenue in 2025 Figure 22. Company Type (Tier 1, Tier 2, and Tier 3): 2021 VS 2025 Figure 23. Oil and Gas Image Figure 24. Global Oil and Gas Sales YoY Growth (2021-2032) & (units) Figure 25. Chemical Image Figure 26. Global Chemical Sales YoY Growth (2021-2032) & (units) Figure 27. Power Generation Image Figure 28. Global Power Generation Sales YoY Growth (2021-2032) & (units) Figure 29. Others Image Figure 30. Global Others Sales YoY Growth (2021-2032) & (units) Figure 31. Global API Steam Turbine Market Size Overview by Application (2021-2032) & (US$ Million) Figure 32. Global API Steam Turbine Market Share by Application 2025 VS 2032 Figure 33. North America API Steam Turbine Sales Market Share in Volume by Application in 2025 Figure 34. North America API Steam Turbine Sales Market Share in Value by Application in 2025 Figure 35. Europe API Steam Turbine Sales Market Share in Volume by Application in 2025 Figure 36. Europe API Steam Turbine Sales Market Share in Value by Application in 2025 Figure 37. Asia-Pacific API Steam Turbine Sales Market Share in Volume by Application in 2025 Figure 38. Asia-Pacific API Steam Turbine Sales Market Share in Value by Application in 2025 Figure 39. Latin America API Steam Turbine Sales Market Share in Volume by Application in 2025 Figure 40. Latin America API Steam Turbine Sales Market Share in Value by Application in 2025 Figure 41. Middle East and Africa API Steam Turbine Sales Market Share in Volume by Application in 2025 Figure 42. Middle East and Africa API Steam Turbine Sales Market Share in Value by Application in 2025 Figure 43. North America API Steam Turbine Sales by Country: 2021 VS 2025 VS 2032 (units) Figure 44. North America API Steam Turbine Sales Share by Country: 2021 VS 2025 VS 2032 Figure 45. North America API Steam Turbine Market Size by Country: 2021 VS 2025 VS 2032 (US$ Million) Figure 46. North America API Steam Turbine Market Share by Country: 2021 VS 2025 VS 2032 Figure 47. Europe API Steam Turbine Sales by Country: 2021 VS 2025 VS 2032 (units) Figure 48. Europe API Steam Turbine Sales Share by Country: 2021 VS 2025 VS 2032 Figure 49. Europe API Steam Turbine Market Size by Country: 2021 VS 2025 VS 2032 (US$ Million) Figure 50. Europe API Steam Turbine Market Share by Country: 2021 VS 2025 VS 2032 Figure 51. Asia-Pacific API Steam Turbine Sales by Country: 2021 VS 2025 VS 2032 (units) Figure 52. Asia-Pacific API Steam Turbine Sales Share by Country: 2021 VS 2025 VS 2032 Figure 53. Asia-Pacific API Steam Turbine Market Size by Country: 2021 VS 2025 VS 2032 (US$ Million) Figure 54. Asia-Pacific API Steam Turbine Market Share by Country: 2021 VS 2025 VS 2032 Figure 55. Latin America API Steam Turbine Sales by Country: 2021 VS 2025 VS 2032 (units) Figure 56. Latin America API Steam Turbine Sales Share by Country: 2021 VS 2025 VS 2032 Figure 57. Latin America API Steam Turbine Market Size by Country: 2021 VS 2025 VS 2032 (US$ Million) Figure 58. Latin America API Steam Turbine Market Share by Country: 2021 VS 2025 VS 2032 Figure 59. Middle East and Africa API Steam Turbine Sales by Country: 2021 VS 2025 VS 2032 (units) Figure 60. Middle East and Africa API Steam Turbine Sales Share by Country: 2021 VS 2025 VS 2032 Figure 61. Middle East and Africa API Steam Turbine Market Size by Country: 2021 VS 2025 VS 2032 (US$ Million) Figure 62. Middle East and Africa API Steam Turbine Market Share by Country: 2021 VS 2025 VS 2032 Figure 63. API Steam Turbine Value Chain Figure 64. Key Raw Materials Price Figure 65. Manufacturing Cost Structure Figure 66. API Steam Turbine Production Mode & Process Figure 67. Direct Comparison with Distribution Share Figure 68. Distributors Profiles Figure 69. Years Considered Figure 70. Research Process Figure 71. Key Executives Interviewed

Scope & coverage.

Types
  • API 611 General Purpose Steam Turbine
  • API 612 Special Purpose Turbine
Applications
  • Oil and Gas
  • Chemical
  • Power Generation
  • Others
Companies covered
  • Siemens
  • General Electric
  • Shanghai Electric
  • Dongfang Turbine
  • Hangzhou Steam Turbine(HTC)
  • MAN Energy Solutions
  • Kawasaki Heavy Industries
  • Mitsubishi Hitachi Power Systems
  • Elliott
  • Triveni Turbine
  • Kessels
  • KEPL
  • CTMI
  • Skinner Power Systems

Inside the report.

1 Market Overview
  1. 1.1 Product Definition
  2. 1.2 Global Market Growth Prospects
  3. 1.2.1 Global API Steam Turbine Market Size Estimates and Forecasts (2021-2032)
  4. 1.2.2 Global API Steam Turbine Sales Estimates and Forecasts (2021-2032)
  5. 1.3 API Steam Turbine Market by Type
  6. 1.3.1 API 611 General Purpose Steam Turbine
  7. 1.3.2 API 612 Special Purpose Turbine
  8. 1.4 Global API Steam Turbine Market Size by Type
  9. 1.4.1 Global API Steam Turbine Market Size Overview by Type (2021-2032)
  10. 1.4.2 Global API Steam Turbine Historic Market Size Review by Type (2021-2026)
  11. 1.4.3 Global API Steam Turbine Forecasted Market Size by Type (2027-2032)
  12. 1.5 Key Regions Market Size by Type
  13. 1.5.1 North America API Steam Turbine Sales Breakdown by Type (2021-2026)
  14. 1.5.2 Europe API Steam Turbine Sales Breakdown by Type (2021-2026)
  15. 1.5.3 Asia-Pacific API Steam Turbine Sales Breakdown by Type (2021-2026)
  16. 1.5.4 South America API Steam Turbine Sales Breakdown by Type (2021-2026)
  17. 1.5.5 Middle East and Africa API Steam Turbine Sales Breakdown by Type (2021-2026)
2 Global Market Dynamics
  1. 2.1 API Steam Turbine Industry Trends
  2. 2.2 API Steam Turbine Industry Drivers
  3. 2.3 API Steam Turbine Industry Opportunities and Challenges
  4. 2.4 API Steam Turbine Industry Restraints
3 Market Competitive Landscape by Company
  1. 3.1 Global Top Players by API Steam Turbine Revenue (2021-2026)
  2. 3.2 Global Top Players by API Steam Turbine Sales (2021-2026)
  3. 3.3 Global Top Players by API Steam Turbine Price (2021-2026)
  4. 3.4 Global API Steam Turbine Industry Company Ranking, 2024 VS 2025 VS 2026
  5. 3.5 Global API Steam Turbine Major Company Production Sites & Headquarters
  6. 3.6 Global API Steam Turbine Company, Product Type & Application
  7. 3.7 Global API Steam Turbine Company Establishment Date
  8. 3.8 Market Competitive Analysis
  9. 3.8.1 Global API Steam Turbine Market CR5 and HHI
  10. 3.8.2 Global Top 5 and 10 API Steam Turbine Players Market Share by Revenue in 2025
  11. 3.8.3 2025 API Steam Turbine Tier 1, Tier 2, and Tier 3
4 API Steam Turbine Regional Status and Outlook
  1. 4.1 Global API Steam Turbine Market Size and CAGR by Region: 2021 VS 2025 VS 2032
  2. 4.2 Global API Steam Turbine Historic Market Size by Region
  3. 4.2.1 Global API Steam Turbine Sales in Volume by Region (2021-2026)
  4. 4.2.2 Global API Steam Turbine Sales in Value by Region (2021-2026)
  5. 4.2.3 Global API Steam Turbine Sales (Volume & Value), Price and Gross Margin (2021-2026)
  6. 4.3 Global API Steam Turbine Forecasted Market Size by Region
  7. 4.3.1 Global API Steam Turbine Sales in Volume by Region (2027-2032)
  8. 4.3.2 Global API Steam Turbine Sales in Value by Region (2027-2032)
  9. 4.3.3 Global API Steam Turbine Sales (Volume & Value), Price and Gross Margin (2027-2032)
5 API Steam Turbine by Application
  1. 5.1 API Steam Turbine Market by Application
  2. 5.1.1 Oil and Gas
  3. 5.1.2 Chemical
  4. 5.1.3 Power Generation
  5. 5.1.4 Others
  6. 5.2 Global API Steam Turbine Market Size by Application
  7. 5.2.1 Global API Steam Turbine Market Size Overview by Application (2021-2032)
  8. 5.2.2 Global API Steam Turbine Historic Market Size Review by Application (2021-2026)
  9. 5.2.3 Global API Steam Turbine Forecasted Market Size by Application (2027-2032)
  10. 5.3 Key Regions Market Size by Application
  11. 5.3.1 North America API Steam Turbine Sales Breakdown by Application (2021-2026)
  12. 5.3.2 Europe API Steam Turbine Sales Breakdown by Application (2021-2026)
  13. 5.3.3 Asia-Pacific API Steam Turbine Sales Breakdown by Application (2021-2026)
  14. 5.3.4 South America API Steam Turbine Sales Breakdown by Application (2021-2026)
  15. 5.3.5 Middle East and Africa API Steam Turbine Sales Breakdown by Application (2021-2026)
6 Company Profiles
  1. 6.1 Siemens
  2. 6.1.1 Siemens Company Information
  3. 6.1.2 Siemens Business Overview
  4. 6.1.3 Siemens API Steam Turbine Sales, Revenue and Gross Margin (2021-2026)
  5. 6.1.4 Siemens API Steam Turbine Product Portfolio
  6. 6.1.5 Siemens Recent Developments
  7. 6.2 General Electric
  8. 6.2.1 General Electric Company Information
  9. 6.2.2 General Electric Business Overview
  10. 6.2.3 General Electric API Steam Turbine Sales, Revenue and Gross Margin (2021-2026)
  11. 6.2.4 General Electric API Steam Turbine Product Portfolio
  12. 6.2.5 General Electric Recent Developments
  13. 6.3 Shanghai Electric
  14. 6.3.1 Shanghai Electric Company Information
  15. 6.3.2 Shanghai Electric Business Overview
  16. 6.3.3 Shanghai Electric API Steam Turbine Sales, Revenue and Gross Margin (2021-2026)
  17. 6.3.4 Shanghai Electric API Steam Turbine Product Portfolio
  18. 6.3.5 Shanghai Electric Recent Developments
  19. 6.4 Dongfang Turbine
  20. 6.4.1 Dongfang Turbine Company Information
  21. 6.4.2 Dongfang Turbine Business Overview
  22. 6.4.3 Dongfang Turbine API Steam Turbine Sales, Revenue and Gross Margin (2021-2026)
  23. 6.4.4 Dongfang Turbine API Steam Turbine Product Portfolio
  24. 6.4.5 Dongfang Turbine Recent Developments
  25. 6.5 Hangzhou Steam Turbine(HTC)
  26. 6.5.1 Hangzhou Steam Turbine(HTC) Company Information
  27. 6.5.2 Hangzhou Steam Turbine(HTC) Business Overview
  28. 6.5.3 Hangzhou Steam Turbine(HTC) API Steam Turbine Sales, Revenue and Gross Margin (2021-2026)
  29. 6.5.4 Hangzhou Steam Turbine(HTC) API Steam Turbine Product Portfolio
  30. 6.5.5 Hangzhou Steam Turbine(HTC) Recent Developments
  31. 6.6 MAN Energy Solutions
  32. 6.6.1 MAN Energy Solutions Company Information
  33. 6.6.2 MAN Energy Solutions Business Overview
  34. 6.6.3 MAN Energy Solutions API Steam Turbine Sales, Revenue and Gross Margin (2021-2026)
  35. 6.6.4 MAN Energy Solutions API Steam Turbine Product Portfolio
  36. 6.6.5 MAN Energy Solutions Recent Developments
  37. 6.7 Kawasaki Heavy Industries
  38. 6.7.1 Kawasaki Heavy Industries Company Information
  39. 6.7.2 Kawasaki Heavy Industries Business Overview
  40. 6.7.3 Kawasaki Heavy Industries API Steam Turbine Sales, Revenue and Gross Margin (2021-2026)
  41. 6.7.4 Kawasaki Heavy Industries API Steam Turbine Product Portfolio
  42. 6.7.5 Kawasaki Heavy Industries Recent Developments
  43. 6.8 Mitsubishi Hitachi Power Systems
  44. 6.8.1 Mitsubishi Hitachi Power Systems Company Information
  45. 6.8.2 Mitsubishi Hitachi Power Systems Business Overview
  46. 6.8.3 Mitsubishi Hitachi Power Systems API Steam Turbine Sales, Revenue and Gross Margin (2021-2026)
  47. 6.8.4 Mitsubishi Hitachi Power Systems API Steam Turbine Product Portfolio
  48. 6.8.5 Mitsubishi Hitachi Power Systems Recent Developments
  49. 6.9 Elliott
  50. 6.9.1 Elliott Company Information
  51. 6.9.2 Elliott Business Overview
  52. 6.9.3 Elliott API Steam Turbine Sales, Revenue and Gross Margin (2021-2026)
  53. 6.9.4 Elliott API Steam Turbine Product Portfolio
  54. 6.9.5 Elliott Recent Developments
  55. 6.10 Triveni Turbine
  56. 6.10.1 Triveni Turbine Company Information
  57. 6.10.2 Triveni Turbine Business Overview
  58. 6.10.3 Triveni Turbine API Steam Turbine Sales, Revenue and Gross Margin (2021-2026)
  59. 6.10.4 Triveni Turbine API Steam Turbine Product Portfolio
  60. 6.10.5 Triveni Turbine Recent Developments
  61. 6.11 Kessels
  62. 6.11.1 Kessels Company Information
  63. 6.11.2 Kessels Business Overview
  64. 6.11.3 Kessels API Steam Turbine Sales, Revenue and Gross Margin (2021-2026)
  65. 6.11.4 Kessels API Steam Turbine Product Portfolio
  66. 6.11.5 Kessels Recent Developments
  67. 6.12 KEPL
  68. 6.12.1 KEPL Company Information
  69. 6.12.2 KEPL Business Overview
  70. 6.12.3 KEPL API Steam Turbine Sales, Revenue and Gross Margin (2021-2026)
  71. 6.12.4 KEPL API Steam Turbine Product Portfolio
  72. 6.12.5 KEPL Recent Developments
  73. 6.13 CTMI
  74. 6.13.1 CTMI Company Information
  75. 6.13.2 CTMI Business Overview
  76. 6.13.3 CTMI API Steam Turbine Sales, Revenue and Gross Margin (2021-2026)
  77. 6.13.4 CTMI API Steam Turbine Product Portfolio
  78. 6.13.5 CTMI Recent Developments
  79. 6.14 Skinner Power Systems
  80. 6.14.1 Skinner Power Systems Company Information
  81. 6.14.2 Skinner Power Systems Business Overview
  82. 6.14.3 Skinner Power Systems API Steam Turbine Sales, Revenue and Gross Margin (2021-2026)
  83. 6.14.4 Skinner Power Systems API Steam Turbine Product Portfolio
  84. 6.14.5 Skinner Power Systems Recent Developments
7 North America by Country
  1. 7.1 North America API Steam Turbine Sales by Country
  2. 7.1.1 North America API Steam Turbine Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
  3. 7.1.2 North America API Steam Turbine Sales by Country (2021-2026)
  4. 7.1.3 North America API Steam Turbine Sales Forecast by Country (2027-2032)
  5. 7.2 North America API Steam Turbine Market Size by Country
  6. 7.2.1 North America API Steam Turbine Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
  7. 7.2.2 North America API Steam Turbine Market Size by Country (2021-2026)
  8. 7.2.3 North America API Steam Turbine Market Size Forecast by Country (2027-2032)
8 Europe by Country
  1. 8.1 Europe API Steam Turbine Sales by Country
  2. 8.1.1 Europe API Steam Turbine Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
  3. 8.1.2 Europe API Steam Turbine Sales by Country (2021-2026)
  4. 8.1.3 Europe API Steam Turbine Sales Forecast by Country (2027-2032)
  5. 8.2 Europe API Steam Turbine Market Size by Country
  6. 8.2.1 Europe API Steam Turbine Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
  7. 8.2.2 Europe API Steam Turbine Market Size by Country (2021-2026)
  8. 8.2.3 Europe API Steam Turbine Market Size Forecast by Country (2027-2032)
9 Asia-Pacific by Country
  1. 9.1 Asia-Pacific API Steam Turbine Sales by Country
  2. 9.1.1 Asia-Pacific API Steam Turbine Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
  3. 9.1.2 Asia-Pacific API Steam Turbine Sales by Country (2021-2026)
  4. 9.1.3 Asia-Pacific API Steam Turbine Sales Forecast by Country (2027-2032)
  5. 9.2 Asia-Pacific API Steam Turbine Market Size by Country
  6. 9.2.1 Asia-Pacific API Steam Turbine Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
  7. 9.2.2 Asia-Pacific API Steam Turbine Market Size by Country (2021-2026)
  8. 9.2.3 Asia-Pacific API Steam Turbine Market Size Forecast by Country (2027-2032)
10 South America by Country
  1. 10.1 South America API Steam Turbine Sales by Country
  2. 10.1.1 South America API Steam Turbine Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
  3. 10.1.2 South America API Steam Turbine Sales by Country (2021-2026)
  4. 10.1.3 South America API Steam Turbine Sales Forecast by Country (2027-2032)
  5. 10.2 South America API Steam Turbine Market Size by Country
  6. 10.2.1 South America API Steam Turbine Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
  7. 10.2.2 South America API Steam Turbine Market Size by Country (2021-2026)
  8. 10.2.3 South America API Steam Turbine Market Size Forecast by Country (2027-2032)
11 Middle East and Africa by Country
  1. 11.1 Middle East and Africa API Steam Turbine Sales by Country
  2. 11.1.1 Middle East and Africa API Steam Turbine Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
  3. 11.1.2 Middle East and Africa API Steam Turbine Sales by Country (2021-2026)
  4. 11.1.3 Middle East and Africa API Steam Turbine Sales Forecast by Country (2027-2032)
  5. 11.2 Middle East and Africa API Steam Turbine Market Size by Country
  6. 11.2.1 Middle East and Africa API Steam Turbine Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
  7. 11.2.2 Middle East and Africa API Steam Turbine Market Size by Country (2021-2026)
  8. 11.2.3 Middle East and Africa API Steam Turbine Market Size Forecast by Country (2027-2032)
12 Value Chain and Sales Channels Analysis
  1. 12.1 API Steam Turbine Value Chain Analysis
  2. 12.1.1 API Steam Turbine Key Raw Materials
  3. 12.1.2 Key Raw Materials Price
  4. 12.1.3 Raw Materials Key Suppliers
  5. 12.1.4 Manufacturing Cost Structure
  6. 12.1.5 API Steam Turbine Production Mode & Process
  7. 12.2 API Steam Turbine Sales Channels Analysis
  8. 12.2.1 Direct Comparison with Distribution Share
  9. 12.2.2 API Steam Turbine Distributors
  10. 12.2.3 API Steam Turbine Customers
13 Concluding Insights
    14 Appendix
    1. 14.1 Reasons for Doing This Study
    2. 14.2 Research Methodology
    3. 14.3 Research Process
    4. 14.4 Authors List of This Report
    5. 14.5 Data Source
    6. 14.5.1 Secondary Sources
    7. 14.5.2 Primary Sources
    8. 14.6 Disclaimer

    GET THE RESEARCH

    Choose your license.

    Choose who needs access.
    All options are for this report and research series.

    Compare access permissions.

    Single User License
    One named user. Individual access.
    Multi User License
    Up to 5 users in the same department.
    Enterprise License
    Organization-wide access within the agreed license.

    Access applies to the purchased edition. Later editions are separate purchases.

    License options
    $3,450USD
    Buy now

    PDF by email within 3–5 working days after payment confirmation.

    Talk to an analyst
    APO Research
    Talk to an analyst