Selected research
Market Structure
Global Industrial Turbines Market by Size, by Type, by Application, by Region, History and Forecast 2021-2032
Market perspective
The global Industrial Turbines market is projected to grow from US$ million in 2026 to US$ million by 2032, implying a CAGR of % over 2026-2032.
The US & Canada market for Industrial Turbines is projected to increase from US$ million in 2026 to US$ million by 2032, at a CAGR of % over 2026-2032.
The Europe market for Industrial Turbines is projected to increase from US$ million in 2026 to US$ million by 2032, at a CAGR of % over 2026-2032.
Read the full market overview
The Asia Pacific market for Industrial Turbines is projected to increase from US$ million in 2026 to US$ million by 2032, at a CAGR of % over 2026-2032.
The China market for Industrial Turbines 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 Industrial Turbines include Ansaldo Energia, BHEL, GE, Siemens, Kawasaki Heavy Industries, Mitsubishi Heavy Industries, Fuji Electric, Toshiba and Peter Brotherhood, among others. In 2025, the top three vendors together accounted for approximately % of global revenue.
On the production side, the report examines Industrial Turbines output, growth rates, and market shares by manufacturer and by region (at regional and country level) for 2021-2026, with forecasts through 2032.
On the consumption side, the report analyzes sales of Industrial Turbines by region (regional and country level), company, type, and application for 2021-2026 and provides forecasts through 2032.
The report provides an overview of the global Industrial Turbines market in terms of capacity, output, revenue, and price, analyzing global market trends using historical revenue and sales data for 2021-2025, estimates for 2026, and projected CAGRs through 2032.
The study covers key producers of Industrial Turbines and consumption patterns in major regions and countries, assesses future market potential, and highlights priority regions and countries for segmenting the market into sub-sectors, with country-specific market value data for the U.S., Canada, Mexico, Brazil, China, Japan, South Korea, Southeast Asia, India, Germany, the U.K., Italy, the Middle East, Africa, and other countries.
The report also presents Industrial Turbines sales, revenue, market share, and industry ranking for the main manufacturers for 2021-2026, identifies the major stakeholders in the global market, and analyzes their competitive landscape and market positioning based on recent developments and segmental revenues.
In addition, the report analyzes segment data by type and application—covering sales, revenue, and price—for 2021-2032, and evaluates and forecasts the Industrial Turbines market size, projected growth trends, production technologies, key applications, and end-use industries.
Industrial Turbines Segment by Company
Ansaldo Energia
BHEL
GE
Siemens
Kawasaki Heavy Industries
Mitsubishi Heavy Industries
Fuji Electric
Toshiba
Peter Brotherhood
Doosan Skoda Power
Elliott Group
Harbin Electric Machinery
Dongfang Electric
Industrial Turbines Segment by Type
Gas Turbines
Steam Turbines
Industrial Turbines Segment by Application
Power and Utility
Engineering
Others
Industrial Turbines 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
Middle East & Africa
Egypt
South Africa
Israel
Türkiye
GCC Countries
Study Objectives
1. To analyze and research the global status and future forecast, involving, production, value, consumption, growth rate (CAGR), market share, historical and forecast.
2. To present the key manufacturers, capacity, production, revenue, market share, and Recent Developments.
3. To split the breakdown data by regions, type, manufacturers, and Application.
4. To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints, and risks.
5. To identify significant trends, drivers, influence factors in global and regions.
6. To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
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 Industrial Turbines 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 Industrial Turbines 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 Industrial Turbines.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.
Chapter Outline
Chapter 1: Provides an overview of the Industrial Turbines market, including product definition, global market growth prospects, production value, capacity, and average price forecasts (2021-2032).
Chapter 2: Analysis key trends, drivers, challenges, and opportunities within the global Industrial Turbines industry.
Chapter 3: Detailed analysis of Industrial Turbines market competition landscape. Including Industrial Turbines manufacturers' output value, output and average price from 2021 to 2026, as well as competition analysis indicators such as origin, product type, application, merger and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 7: Production/Production Value of Industrial Turbines by region. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 8: Consumption of Industrial Turbines in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 9: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 10: Concluding Insights of the report.
More report detail
Tables and figures
Scope & coverage.
Types
- Gas Turbines
- Steam Turbines
Applications
- Power and Utility
- Engineering
- Others
Companies covered
- Ansaldo Energia
- BHEL
- GE
- Siemens
- Kawasaki Heavy Industries
- Mitsubishi Heavy Industries
- Fuji Electric
- Toshiba
- Peter Brotherhood
- Doosan Skoda Power
- Elliott Group
- Harbin Electric Machinery
- Dongfang Electric
Inside the report.
1 Market Overview
- 1.1 Product Definition
- 1.2 Global Market Growth Prospects
- 1.2.1 Global Industrial Turbines Production Value Estimates and Forecasts (2021-2032)
- 1.2.2 Global Industrial Turbines Production Capacity Estimates and Forecasts (2021-2032)
- 1.2.3 Global Industrial Turbines Production Estimates and Forecasts (2021-2032)
- 1.2.4 Global Industrial Turbines Market Average Price (2021-2032)
- 1.3 Assumptions and Limitations
- 1.4 Study Goals and Objectives
2 Global Industrial Turbines Market Dynamics
- 2.1 Industrial Turbines Industry Trends
- 2.2 Industrial Turbines Industry Drivers
- 2.3 Industrial Turbines Industry Opportunities and Challenges
- 2.4 Industrial Turbines Industry Restraints
3 Industrial Turbines Market by Manufacturers
- 3.1 Global Industrial Turbines Production Value by Manufacturers (2021-2026)
- 3.2 Global Industrial Turbines Production by Manufacturers (2021-2026)
- 3.3 Global Industrial Turbines Average Price by Manufacturers (2021-2026)
- 3.4 Global Industrial Turbines Industry Manufacturers Ranking, 2024 VS 2025 VS 2026
- 3.5 Global Industrial Turbines Key Manufacturers Manufacturing Sites & Headquarters
- 3.6 Global Industrial Turbines Manufacturers, Product Type & Application
- 3.7 Global Industrial Turbines Manufacturers Established Date
- 3.8 Market Competitive Analysis
- 3.8.1 Global Industrial Turbines Market CR5 and HHI
- 3.8.2 Global Top 5 and 10 Industrial Turbines Players Market Share by Production Value in 2025
- 3.8.3 2025 Industrial Turbines Tier 1, Tier 2, and Tier 3
4 Industrial Turbines Market by Type
- 4.1 Industrial Turbines Type Introduction
- 4.1.1 Gas Turbines
- 4.1.2 Steam Turbines
- 4.2 Global Industrial Turbines Production by Type
- 4.2.1 Global Industrial Turbines Production by Type (2021 VS 2025 VS 2032)
- 4.2.2 Global Industrial Turbines Production by Type (2021-2032)
- 4.2.3 Global Industrial Turbines Production Market Share by Type (2021-2032)
- 4.3 Global Industrial Turbines Production Value by Type
- 4.3.1 Global Industrial Turbines Production Value by Type (2021 VS 2025 VS 2032)
- 4.3.2 Global Industrial Turbines Production Value by Type (2021-2032)
- 4.3.3 Global Industrial Turbines Production Value Market Share by Type (2021-2032)
5 Industrial Turbines Market by Application
- 5.1 Industrial Turbines Application Introduction
- 5.1.1 Power and Utility
- 5.1.2 Engineering
- 5.1.3 Others
- 5.2 Global Industrial Turbines Production by Application
- 5.2.1 Global Industrial Turbines Production by Application (2021 VS 2025 VS 2032)
- 5.2.2 Global Industrial Turbines Production by Application (2021-2032)
- 5.2.3 Global Industrial Turbines Production Market Share by Application (2021-2032)
- 5.3 Global Industrial Turbines Production Value by Application
- 5.3.1 Global Industrial Turbines Production Value by Application (2021 VS 2025 VS 2032)
- 5.3.2 Global Industrial Turbines Production Value by Application (2021-2032)
- 5.3.3 Global Industrial Turbines Production Value Market Share by Application (2021-2032)
6 Company Profiles
- 6.1 Ansaldo Energia
- 6.1.1 Ansaldo Energia Company Information
- 6.1.2 Ansaldo Energia Business Overview
- 6.1.3 Ansaldo Energia Industrial Turbines Production, Value and Gross Margin (2021-2026)
- 6.1.4 Ansaldo Energia Industrial Turbines Product Portfolio
- 6.1.5 Ansaldo Energia Recent Developments
- 6.2 BHEL
- 6.2.1 BHEL Company Information
- 6.2.2 BHEL Business Overview
- 6.2.3 BHEL Industrial Turbines Production, Value and Gross Margin (2021-2026)
- 6.2.4 BHEL Industrial Turbines Product Portfolio
- 6.2.5 BHEL Recent Developments
- 6.3 GE
- 6.3.1 GE Company Information
- 6.3.2 GE Business Overview
- 6.3.3 GE Industrial Turbines Production, Value and Gross Margin (2021-2026)
- 6.3.4 GE Industrial Turbines Product Portfolio
- 6.3.5 GE Recent Developments
- 6.4 Siemens
- 6.4.1 Siemens Company Information
- 6.4.2 Siemens Business Overview
- 6.4.3 Siemens Industrial Turbines Production, Value and Gross Margin (2021-2026)
- 6.4.4 Siemens Industrial Turbines Product Portfolio
- 6.4.5 Siemens Recent Developments
- 6.5 Kawasaki Heavy Industries
- 6.5.1 Kawasaki Heavy Industries Company Information
- 6.5.2 Kawasaki Heavy Industries Business Overview
- 6.5.3 Kawasaki Heavy Industries Industrial Turbines Production, Value and Gross Margin (2021-2026)
- 6.5.4 Kawasaki Heavy Industries Industrial Turbines Product Portfolio
- 6.5.5 Kawasaki Heavy Industries Recent Developments
- 6.6 Mitsubishi Heavy Industries
- 6.6.1 Mitsubishi Heavy Industries Company Information
- 6.6.2 Mitsubishi Heavy Industries Business Overview
- 6.6.3 Mitsubishi Heavy Industries Industrial Turbines Production, Value and Gross Margin (2021-2026)
- 6.6.4 Mitsubishi Heavy Industries Industrial Turbines Product Portfolio
- 6.6.5 Mitsubishi Heavy Industries Recent Developments
- 6.7 Fuji Electric
- 6.7.1 Fuji Electric Company Information
- 6.7.2 Fuji Electric Business Overview
- 6.7.3 Fuji Electric Industrial Turbines Production, Value and Gross Margin (2021-2026)
- 6.7.4 Fuji Electric Industrial Turbines Product Portfolio
- 6.7.5 Fuji Electric Recent Developments
- 6.8 Toshiba
- 6.8.1 Toshiba Company Information
- 6.8.2 Toshiba Business Overview
- 6.8.3 Toshiba Industrial Turbines Production, Value and Gross Margin (2021-2026)
- 6.8.4 Toshiba Industrial Turbines Product Portfolio
- 6.8.5 Toshiba Recent Developments
- 6.9 Peter Brotherhood
- 6.9.1 Peter Brotherhood Company Information
- 6.9.2 Peter Brotherhood Business Overview
- 6.9.3 Peter Brotherhood Industrial Turbines Production, Value and Gross Margin (2021-2026)
- 6.9.4 Peter Brotherhood Industrial Turbines Product Portfolio
- 6.9.5 Peter Brotherhood Recent Developments
- 6.10 Doosan Skoda Power
- 6.10.1 Doosan Skoda Power Company Information
- 6.10.2 Doosan Skoda Power Business Overview
- 6.10.3 Doosan Skoda Power Industrial Turbines Production, Value and Gross Margin (2021-2026)
- 6.10.4 Doosan Skoda Power Industrial Turbines Product Portfolio
- 6.10.5 Doosan Skoda Power Recent Developments
- 6.11 Elliott Group
- 6.11.1 Elliott Group Company Information
- 6.11.2 Elliott Group Business Overview
- 6.11.3 Elliott Group Industrial Turbines Production, Value and Gross Margin (2021-2026)
- 6.11.4 Elliott Group Industrial Turbines Product Portfolio
- 6.11.5 Elliott Group Recent Developments
- 6.12 Harbin Electric Machinery
- 6.12.1 Harbin Electric Machinery Company Information
- 6.12.2 Harbin Electric Machinery Business Overview
- 6.12.3 Harbin Electric Machinery Industrial Turbines Production, Value and Gross Margin (2021-2026)
- 6.12.4 Harbin Electric Machinery Industrial Turbines Product Portfolio
- 6.12.5 Harbin Electric Machinery Recent Developments
- 6.13 Dongfang Electric
- 6.13.1 Dongfang Electric Company Information
- 6.13.2 Dongfang Electric Business Overview
- 6.13.3 Dongfang Electric Industrial Turbines Production, Value and Gross Margin (2021-2026)
- 6.13.4 Dongfang Electric Industrial Turbines Product Portfolio
- 6.13.5 Dongfang Electric Recent Developments
7 Global Industrial Turbines Production by Region
- 7.1 Global Industrial Turbines Production by Region: 2021 VS 2025 VS 2032
- 7.2 Global Industrial Turbines Production by Region (2021-2032)
- 7.2.1 Global Industrial Turbines Production by Region (2021-2026)
- 7.2.2 Global Industrial Turbines Production Forecast by Region (2027-2032)
- 7.3 Global Industrial Turbines Production by Region: 2021 VS 2025 VS 2032
- 7.4 Global Industrial Turbines Production Value by Region (2021-2032)
- 7.4.1 Global Industrial Turbines Production Value by Region (2021-2026)
- 7.4.2 Global Industrial Turbines Production Value by Region (2027-2032)
- 7.5 Global Industrial Turbines Market Price Analysis by Region (2021-2032)
- 7.6 Regional Production Value Trends (2021-2032)
- 7.6.1 North America Industrial Turbines Production Value (2021-2032)
- 7.6.2 Europe Industrial Turbines Production Value (2021-2032)
- 7.6.3 Asia-Pacific Industrial Turbines Production Value (2021-2032)
- 7.6.4 South America Industrial Turbines Production Value (2021-2032)
- 7.6.5 Middle East & Africa Industrial Turbines Production Value (2021-2032)
8 Global Industrial Turbines Consumption by Region
- 8.1 Global Industrial Turbines Consumption by Region: 2021 VS 2025 VS 2032
- 8.2 Global Industrial Turbines Consumption by Region (2021-2032)
- 8.2.1 Global Industrial Turbines Consumption by Region (2021-2026)
- 8.2.2 Global Industrial Turbines Consumption by Region (2027-2032)
- 8.3 North America
- 8.3.1 North America Industrial Turbines Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 8.3.2 North America Industrial Turbines Consumption by Country (2021-2032)
- 8.3.3 U.S.
- 8.3.4 Canada
- 8.3.5 Mexico
- 8.4 Europe
- 8.4.1 Europe Industrial Turbines Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 8.4.2 Europe Industrial Turbines Consumption by Country (2021-2032)
- 8.4.3 Germany
- 8.4.4 France
- 8.4.5 U.K.
- 8.4.6 Italy
- 8.4.7 Netherlands
- 8.5 Asia Pacific
- 8.5.1 Asia Pacific Industrial Turbines Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 8.5.2 Asia Pacific Industrial Turbines Consumption by Country (2021-2032)
- 8.5.3 China
- 8.5.4 Japan
- 8.5.5 South Korea
- 8.5.6 Southeast Asia
- 8.5.7 India
- 8.5.8 Australia
- 8.6 South America
- 8.6.1 South America Industrial Turbines Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 8.6.2 South America Industrial Turbines Consumption by Country (2021-2032)
- 8.6.3 Brazil
- 8.6.4 Argentina
- 8.6.5 Chile
- 8.6.6 Colombia
- 8.7 Middle East & Africa
- 8.7.1 Middle East & Africa Industrial Turbines Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 8.7.2 Middle East & Africa Industrial Turbines Consumption by Country (2021-2032)
- 8.7.3 Egypt
- 8.7.4 South Africa
- 8.7.5 Israel
- 8.7.6 Türkiye
- 8.7.7 GCC Countries
9 Value Chain and Sales Channels Analysis
- 9.1 Industrial Turbines Value Chain Analysis
- 9.1.1 Industrial Turbines Key Raw Materials
- 9.1.2 Raw Materials Key Suppliers
- 9.1.3 Manufacturing Cost Structure
- 9.1.4 Industrial Turbines Production Mode & Process
- 9.2 Industrial Turbines Sales Channels Analysis
- 9.2.1 Direct Comparison with Distribution Share
- 9.2.2 Industrial Turbines Distributors
- 9.2.3 Industrial Turbines Customers
10 Concluding Insights
11 Appendix
- 11.1 Reasons for Doing This Study
- 11.2 Research Methodology
- 11.3 Research Process
- 11.4 Authors List of This Report
- 11.5 Data Source
- 11.5.1 Secondary Sources
- 11.5.2 Primary Sources
- 11.6 Disclaimer
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