Selected research
Market Analysis & Forecast
Global Industrial Turbines Market Analysis and Forecast 2026-2032
Market perspective
The global Industrial Turbines market is projected to grow from US$ million in 2026 to US$ million by 2032, at a Compound Annual Growth Rate (CAGR) of % during the forecast period.
Industrial Turbines's global sales reached XX (units) with a value of US$ XX Million, marking an change of XX% compared to the previous year. This performance has positioned Ansaldo Energia as the global sales leader, a title it has maintained for several consecutive years. Notably, Ansaldo Energia's performance in primary markets is also remarkable. In the Chinese market, sales were XX (units), a change of XX% from the previous year. In Europe, sales were XX (units), showing a year-on-year of XX%. In the US, sales were XX (units), a year-on-year change of XX%.
The major global manufacturers in the Industrial Turbines market include Ansaldo Energia, BHEL, GE, Siemens, Kawasaki Heavy Industries, Mitsubishi Heavy Industries, Fuji Electric, Toshiba and Peter Brotherhood, etc. In 2025, the top three vendors accounted for approximately % of the revenue.
Read the full market overview
In terms of production side, this report researches the Industrial Turbines production, growth rate, market share by manufacturers and by region (region level and country level), from 2021 to 2026, and forecast to 2032.
In terms of consumption side, this report focuses on the sales of Industrial Turbines by region (region level and country level), by Company, by Type and by Application. from 2021 to 2026 and forecast to 2032.
This report presents an overview of global market for Industrial Turbines, capacity, output, revenue and price. Analyses of the global market trends, with historic market revenue or sales data for 2021 - 2025, estimates for 2026, and projections of CAGR through 2032.
This report researches the key producers of Industrial Turbines, also provides the consumption of main regions and countries. Of the upcoming market potential for Industrial Turbines, and key regions or countries of focus to forecast this market into various segments and sub-segments. Country specific data and market value analysis for the U.S., Canada, Mexico, Brazil, China, Japan, South Korea, Southeast Asia, India, Germany, the U.K., Italy, Middle East, Africa, and Other Countries.
This report focuses on the Industrial Turbines sales, revenue, market share and industry ranking of main manufacturers, data from 2021 to 2026. Identification of the major stakeholders in the global Industrial Turbines market, and analysis of their competitive landscape and market positioning based on recent developments and segmental revenues. This report will help stakeholders to understand the competitive landscape and gain more insights and position their businesses and market strategies in a better way.
This report analyzes the segments data by Type and by Application, sales, revenue, and price, from 2021 to 2032. Evaluation and forecast the market size for Industrial Turbines sales, projected growth trends, production technology, application and end-user industry.
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: Introduces the report scope of the report, executive summary of different market segments (by type and by application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
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: Industrial Turbines production/output of global and key producers (regions/countries). It provides a quantitative analysis of the production, and development potential of each producer in the next six years.
Chapter 4: Sales (consumption), revenue of Industrial Turbines in global, 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 of each country in the world.
Chapter 5: Detailed analysis of Industrial Turbines manufacturers competitive landscape, price, sales, revenue, market share and industry ranking, latest development plan, merger, and acquisition information, etc.
Chapter 6: Provides the analysis of various market segments by type, covering the sales, revenue, average price, and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 7: Provides the analysis of various market segments by application, covering the sales, revenue, average price, and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 8: Provides profiles of key manufacturers, introducing the basic situation of the main companies in the market in detail, including product descriptions and specifications, Industrial Turbines sales, revenue, price, gross margin, and recent development, etc.
Chapter 9: North America by type, by application and by country, sales, and revenue for each segment.
Chapter 10: Europe by type, by application and by country, sales, and revenue for each segment.
Chapter 11: China by type, by application, sales, and revenue for each segment.
Chapter 12: Asia (Excluding China) by type, by application and by region, sales, and revenue for each segment.
Chapter 13: South America, Middle East and Africa by type, by application and by country, sales, and revenue for each segment.
Chapter 14: Analysis of industrial chain, sales channel, key raw materials, distributors and customers.
Chapter 15: The main 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 Industrial Turbines Market by Type
- 1.2.1 Global Industrial Turbines Market Size by Type, 2021 VS 2025 VS 2032
- 1.2.2 Gas Turbines
- 1.2.3 Steam Turbines
- 1.3 Industrial Turbines Market by Application
- 1.3.1 Global Industrial Turbines Market Size by Application, 2021 VS 2025 VS 2032
- 1.3.2 Power and Utility
- 1.3.3 Engineering
- 1.3.4 Others
- 1.4 Assumptions and Limitations
- 1.5 Study Goals and Objectives
2 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 Global Industrial Turbines Production Overview
- 3.1 Global Industrial Turbines Production Capacity (2021-2032)
- 3.2 Global Industrial Turbines Production by Region: 2021 VS 2025 VS 2032
- 3.3 Global Industrial Turbines Production by Region
- 3.3.1 Global Industrial Turbines Production by Region (2021-2026)
- 3.3.2 Global Industrial Turbines Production by Region (2027-2032)
- 3.3.3 Global Industrial Turbines Production Market Share by Region (2021-2032)
- 3.4 North America
- 3.5 Europe
- 3.6 China
- 3.7 Japan
4 Global Market Growth Prospects
- 4.1 Global Industrial Turbines Revenue Estimates and Forecasts (2021-2032)
- 4.2 Global Industrial Turbines Revenue by Region
- 4.2.1 Global Industrial Turbines Revenue by Region: 2021 VS 2025 VS 2032
- 4.2.2 Global Industrial Turbines Revenue by Region (2021-2026)
- 4.2.3 Global Industrial Turbines Revenue by Region (2027-2032)
- 4.2.4 Global Industrial Turbines Revenue Market Share by Region (2021-2032)
- 4.3 Global Industrial Turbines Sales Estimates and Forecasts 2021-2032
- 4.4 Global Industrial Turbines Sales by Region
- 4.4.1 Global Industrial Turbines Sales by Region: 2021 VS 2025 VS 2032
- 4.4.2 Global Industrial Turbines Sales by Region (2021-2026)
- 4.4.3 Global Industrial Turbines Sales by Region (2027-2032)
- 4.4.4 Global Industrial Turbines Sales Market Share by Region (2021-2032)
- 4.5 North America
- 4.6 Europe
- 4.7 China
- 4.8 Asia (Excluding China)
- 4.9 South America, Middle East and Africa
5 Market Competitive Landscape by Manufacturers
- 5.1 Global Industrial Turbines Revenue by Manufacturers
- 5.1.1 Global Industrial Turbines Revenue by Manufacturers (2021-2026)
- 5.1.2 Global Industrial Turbines Revenue Market Share by Manufacturers (2021-2026)
- 5.1.3 Global Industrial Turbines Manufacturers Revenue Share Top 10 and Top 5 in 2025
- 5.2 Global Industrial Turbines Sales by Manufacturers
- 5.2.1 Global Industrial Turbines Sales by Manufacturers (2021-2026)
- 5.2.2 Global Industrial Turbines Sales Market Share by Manufacturers (2021-2026)
- 5.2.3 Global Industrial Turbines Manufacturers Sales Share Top 10 and Top 5 in 2025
- 5.3 Global Industrial Turbines Sales Price by Manufacturers (2021-2026)
- 5.4 Global Industrial Turbines Key Manufacturers Ranking, 2024 VS 2025 VS 2026
- 5.5 Global Industrial Turbines Key Manufacturers Manufacturing Sites & Headquarters
- 5.6 Global Industrial Turbines Manufacturers, Product Type & Application
- 5.7 Global Industrial Turbines Manufacturers Commercialization Time
- 5.8 Market Competitive Analysis
- 5.8.1 Global Industrial Turbines Market CR5 and HHI
- 5.8.2 2025 Industrial Turbines Tier 1, Tier 2, and Tier 3
6 Industrial Turbines Market by Type
- 6.1 Global Industrial Turbines Revenue by Type
- 6.1.1 Global Industrial Turbines Revenue by Type (2021-2032) & (US$ Million)
- 6.1.2 Global Industrial Turbines Revenue Market Share by Type (2021-2032)
- 6.2 Global Industrial Turbines Sales by Type
- 6.2.1 Global Industrial Turbines Sales by Type (2021-2032) & (units)
- 6.2.2 Global Industrial Turbines Sales Market Share by Type (2021-2032)
- 6.3 Global Industrial Turbines Price by Type
7 Industrial Turbines Market by Application
- 7.1 Global Industrial Turbines Revenue by Application
- 7.1.1 Global Industrial Turbines Revenue by Application (2021-2032) & (US$ Million)
- 7.1.2 Global Industrial Turbines Revenue Market Share by Application (2021-2032)
- 7.2 Global Industrial Turbines Sales by Application
- 7.2.1 Global Industrial Turbines Sales by Application (2021-2032) & (units)
- 7.2.2 Global Industrial Turbines Sales Market Share by Application (2021-2032)
- 7.3 Global Industrial Turbines Price by Application
8 Company Profiles
- 8.1 Ansaldo Energia
- 8.1.1 Ansaldo Energia Company Information
- 8.1.2 Ansaldo Energia Business Overview
- 8.1.3 Ansaldo Energia Industrial Turbines Sales, Revenue, Price and Gross Margin (2021-2026)
- 8.1.4 Ansaldo Energia Industrial Turbines Product Portfolio
- 8.1.5 Ansaldo Energia Recent Developments
- 8.2 BHEL
- 8.2.1 BHEL Company Information
- 8.2.2 BHEL Business Overview
- 8.2.3 BHEL Industrial Turbines Sales, Revenue, Price and Gross Margin (2021-2026)
- 8.2.4 BHEL Industrial Turbines Product Portfolio
- 8.2.5 BHEL Recent Developments
- 8.3 GE
- 8.3.1 GE Company Information
- 8.3.2 GE Business Overview
- 8.3.3 GE Industrial Turbines Sales, Revenue, Price and Gross Margin (2021-2026)
- 8.3.4 GE Industrial Turbines Product Portfolio
- 8.3.5 GE Recent Developments
- 8.4 Siemens
- 8.4.1 Siemens Company Information
- 8.4.2 Siemens Business Overview
- 8.4.3 Siemens Industrial Turbines Sales, Revenue, Price and Gross Margin (2021-2026)
- 8.4.4 Siemens Industrial Turbines Product Portfolio
- 8.4.5 Siemens Recent Developments
- 8.5 Kawasaki Heavy Industries
- 8.5.1 Kawasaki Heavy Industries Company Information
- 8.5.2 Kawasaki Heavy Industries Business Overview
- 8.5.3 Kawasaki Heavy Industries Industrial Turbines Sales, Revenue, Price and Gross Margin (2021-2026)
- 8.5.4 Kawasaki Heavy Industries Industrial Turbines Product Portfolio
- 8.5.5 Kawasaki Heavy Industries Recent Developments
- 8.6 Mitsubishi Heavy Industries
- 8.6.1 Mitsubishi Heavy Industries Company Information
- 8.6.2 Mitsubishi Heavy Industries Business Overview
- 8.6.3 Mitsubishi Heavy Industries Industrial Turbines Sales, Revenue, Price and Gross Margin (2021-2026)
- 8.6.4 Mitsubishi Heavy Industries Industrial Turbines Product Portfolio
- 8.6.5 Mitsubishi Heavy Industries Recent Developments
- 8.7 Fuji Electric
- 8.7.1 Fuji Electric Company Information
- 8.7.2 Fuji Electric Business Overview
- 8.7.3 Fuji Electric Industrial Turbines Sales, Revenue, Price and Gross Margin (2021-2026)
- 8.7.4 Fuji Electric Industrial Turbines Product Portfolio
- 8.7.5 Fuji Electric Recent Developments
- 8.8 Toshiba
- 8.8.1 Toshiba Company Information
- 8.8.2 Toshiba Business Overview
- 8.8.3 Toshiba Industrial Turbines Sales, Revenue, Price and Gross Margin (2021-2026)
- 8.8.4 Toshiba Industrial Turbines Product Portfolio
- 8.8.5 Toshiba Recent Developments
- 8.9 Peter Brotherhood
- 8.9.1 Peter Brotherhood Company Information
- 8.9.2 Peter Brotherhood Business Overview
- 8.9.3 Peter Brotherhood Industrial Turbines Sales, Revenue, Price and Gross Margin (2021-2026)
- 8.9.4 Peter Brotherhood Industrial Turbines Product Portfolio
- 8.9.5 Peter Brotherhood Recent Developments
- 8.10 Doosan Skoda Power
- 8.10.1 Doosan Skoda Power Company Information
- 8.10.2 Doosan Skoda Power Business Overview
- 8.10.3 Doosan Skoda Power Industrial Turbines Sales, Revenue, Price and Gross Margin (2021-2026)
- 8.10.4 Doosan Skoda Power Industrial Turbines Product Portfolio
- 8.10.5 Doosan Skoda Power Recent Developments
- 8.11 Elliott Group
- 8.11.1 Elliott Group Company Information
- 8.11.2 Elliott Group Business Overview
- 8.11.3 Elliott Group Industrial Turbines Sales, Revenue, Price and Gross Margin (2021-2026)
- 8.11.4 Elliott Group Industrial Turbines Product Portfolio
- 8.11.5 Elliott Group Recent Developments
- 8.12 Harbin Electric Machinery
- 8.12.1 Harbin Electric Machinery Company Information
- 8.12.2 Harbin Electric Machinery Business Overview
- 8.12.3 Harbin Electric Machinery Industrial Turbines Sales, Revenue, Price and Gross Margin (2021-2026)
- 8.12.4 Harbin Electric Machinery Industrial Turbines Product Portfolio
- 8.12.5 Harbin Electric Machinery Recent Developments
- 8.13 Dongfang Electric
- 8.13.1 Dongfang Electric Company Information
- 8.13.2 Dongfang Electric Business Overview
- 8.13.3 Dongfang Electric Industrial Turbines Sales, Revenue, Price and Gross Margin (2021-2026)
- 8.13.4 Dongfang Electric Industrial Turbines Product Portfolio
- 8.13.5 Dongfang Electric Recent Developments
9 North America
- 9.1 North America Industrial Turbines Market Size by Type
- 9.1.1 North America Industrial Turbines Revenue by Type (2021-2032)
- 9.1.2 North America Industrial Turbines Sales by Type (2021-2032)
- 9.1.3 North America Industrial Turbines Price by Type (2021-2032)
- 9.2 North America Industrial Turbines Market Size by Application
- 9.2.1 North America Industrial Turbines Revenue by Application (2021-2032)
- 9.2.2 North America Industrial Turbines Sales by Application (2021-2032)
- 9.2.3 North America Industrial Turbines Price by Application (2021-2032)
- 9.3 North America Industrial Turbines Market Size by Country
- 9.3.1 North America Industrial Turbines Revenue Grow Rate by Country (2021 VS 2025 VS 2032)
- 9.3.2 North America Industrial Turbines Sales by Country (2021 VS 2025 VS 2032)
- 9.3.3 North America Industrial Turbines Price by Country (2021-2032)
- 9.3.4 United States
- 9.3.5 Canada
- 9.3.6 Mexico
10 Europe
- 10.1 Europe Industrial Turbines Market Size by Type
- 10.1.1 Europe Industrial Turbines Revenue by Type (2021-2032)
- 10.1.2 Europe Industrial Turbines Sales by Type (2021-2032)
- 10.1.3 Europe Industrial Turbines Price by Type (2021-2032)
- 10.2 Europe Industrial Turbines Market Size by Application
- 10.2.1 Europe Industrial Turbines Revenue by Application (2021-2032)
- 10.2.2 Europe Industrial Turbines Sales by Application (2021-2032)
- 10.2.3 Europe Industrial Turbines Price by Application (2021-2032)
- 10.3 Europe Industrial Turbines Market Size by Country
- 10.3.1 Europe Industrial Turbines Revenue Grow Rate by Country (2021 VS 2025 VS 2032)
- 10.3.2 Europe Industrial Turbines Sales by Country (2021 VS 2025 VS 2032)
- 10.3.3 Europe Industrial Turbines Price by Country (2021-2032)
- 10.3.4 Germany
- 10.3.5 France
- 10.3.6 U.K.
- 10.3.7 Italy
- 10.3.8 Russia
- 10.3.9 Spain
- 10.3.10 Netherlands
- 10.3.11 Switzerland
- 10.3.12 Sweden
11 China
- 11.1 China Industrial Turbines Market Size by Type
- 11.1.1 China Industrial Turbines Revenue by Type (2021-2032)
- 11.1.2 China Industrial Turbines Sales by Type (2021-2032)
- 11.1.3 China Industrial Turbines Price by Type (2021-2032)
- 11.2 China Industrial Turbines Market Size by Application
- 11.2.1 China Industrial Turbines Revenue by Application (2021-2032)
- 11.2.2 China Industrial Turbines Sales by Application (2021-2032)
- 11.2.3 China Industrial Turbines Price by Application (2021-2032)
12 Asia (Excluding China)
- 12.1 Asia Industrial Turbines Market Size by Type
- 12.1.1 Asia Industrial Turbines Revenue by Type (2021-2032)
- 12.1.2 Asia Industrial Turbines Sales by Type (2021-2032)
- 12.1.3 Asia Industrial Turbines Price by Type (2021-2032)
- 12.2 Asia Industrial Turbines Market Size by Application
- 12.2.1 Asia Industrial Turbines Revenue by Application (2021-2032)
- 12.2.2 Asia Industrial Turbines Sales by Application (2021-2032)
- 12.2.3 Asia Industrial Turbines Price by Application (2021-2032)
- 12.3 Asia Industrial Turbines Market Size by Country
- 12.3.1 Asia Industrial Turbines Revenue Grow Rate by Country (2021 VS 2025 VS 2032)
- 12.3.2 Asia Industrial Turbines Sales by Country (2021 VS 2025 VS 2032)
- 12.3.3 Asia Industrial Turbines Price by Country (2021-2032)
- 12.3.4 Japan
- 12.3.5 South Korea
- 12.3.6 India
- 12.3.7 Australia
- 12.3.8 Taiwan
- 12.3.9 Southeast Asia
13 South America, Middle East and Africa
- 13.1 SAMEA Industrial Turbines Market Size by Type
- 13.1.1 SAMEA Industrial Turbines Revenue by Type (2021-2032)
- 13.1.2 SAMEA Industrial Turbines Sales by Type (2021-2032)
- 13.1.3 SAMEA Industrial Turbines Price by Type (2021-2032)
- 13.2 SAMEA Industrial Turbines Market Size by Application
- 13.2.1 SAMEA Industrial Turbines Revenue by Application (2021-2032)
- 13.2.2 SAMEA Industrial Turbines Sales by Application (2021-2032)
- 13.2.3 SAMEA Industrial Turbines Price by Application (2021-2032)
- 13.3 SAMEA Industrial Turbines Market Size by Country
- 13.3.1 SAMEA Industrial Turbines Revenue Grow Rate by Country (2021 VS 2025 VS 2032)
- 13.3.2 SAMEA Industrial Turbines Sales by Country (2021 VS 2025 VS 2032)
- 13.3.3 SAMEA Industrial Turbines Price by Country (2021-2032)
- 13.3.4 Brazil
- 13.3.5 Argentina
- 13.3.6 Chile
- 13.3.7 Colombia
- 13.3.8 Peru
- 13.3.9 Saudi Arabia
- 13.3.10 Israel
- 13.3.11 UAE
- 13.3.12 Turkey
- 13.3.13 Iran
- 13.3.14 Egypt
14 Value Chain and Sales Channels Analysis
- 14.1 Industrial Turbines Value Chain Analysis
- 14.1.1 Industrial Turbines Key Raw Materials
- 14.1.2 Raw Materials Key Suppliers
- 14.1.3 Manufacturing Cost Structure
- 14.1.4 Industrial Turbines Production Mode & Process
- 14.2 Industrial Turbines Sales Channels Analysis
- 14.2.1 Direct Comparison with Distribution Share
- 14.2.2 Industrial Turbines Distributors
- 14.2.3 Industrial Turbines Customers
15 Concluding Insights
16 Appendix
- 16.1 Reasons for Doing This Study
- 16.2 Research Methodology
- 16.3 Research Process
- 16.4 Authors List of This Report
- 16.5 Data Source
- 16.5.1 Secondary Sources
- 16.5.2 Primary Sources
- 16.6 Disclaimer
GET THE RESEARCH
Choose your license.
Choose who needs access.
All options are for this report and research series.
PDF by email within 3–5 working days after payment confirmation.
Talk to an analyst