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Industrial Turbines

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Industry Growth & Trends

Global Industrial Turbines Industry Growth and Trends Forecast to 2032

4 July 2026107 pages

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Industry ResearchIndustrial Turbines Industry Research Report 2026121 pages · $2,950 USDIndustry Growth & TrendsGlobal Industrial Turbines Industry Growth and Trends Forecast to 2032107 pages · $3,450 USDMarket StructureGlobal Industrial Turbines Market by Size, by Type, by Application, by Region, History and Forecast 2021-2032198 pages · $3,950 USDMarket Outlook & Growth OpportunitiesGlobal Industrial Turbines Market Outlook and Growth Opportunities 2026197 pages · $4,250 USDMarket Analysis & ForecastGlobal Industrial Turbines Market Analysis and Forecast 2026-2032217 pages · $4,950 USD

Market perspective

The global Industrial Turbines 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 Industrial Turbines 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 Industrial Turbines 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 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.

Report Scope

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

The Industrial Turbines 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 Industrial Turbines 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 Industrial Turbines.

Key Companies & Market Share Insights

This section analyzes the strategies and performance of leading manufacturers in the global Industrial Turbines 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.

Industrial Turbines Market 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

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 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 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 Industrial Turbines manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.

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

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. 1.1 Product Definition
  2. 1.2 Global Market Growth Prospects
  3. 1.2.1 Global Industrial Turbines Market Size Estimates and Forecasts (2021-2032)
  4. 1.2.2 Global Industrial Turbines Sales Estimates and Forecasts (2021-2032)
  5. 1.3 Industrial Turbines Market by Type
  6. 1.3.1 Gas Turbines
  7. 1.3.2 Steam Turbines
  8. 1.4 Global Industrial Turbines Market Size by Type
  9. 1.4.1 Global Industrial Turbines Market Size Overview by Type (2021-2032)
  10. 1.4.2 Global Industrial Turbines Historic Market Size Review by Type (2021-2026)
  11. 1.4.3 Global Industrial Turbines Forecasted Market Size by Type (2027-2032)
  12. 1.5 Key Regions Market Size by Type
  13. 1.5.1 North America Industrial Turbines Sales Breakdown by Type (2021-2026)
  14. 1.5.2 Europe Industrial Turbines Sales Breakdown by Type (2021-2026)
  15. 1.5.3 Asia-Pacific Industrial Turbines Sales Breakdown by Type (2021-2026)
  16. 1.5.4 South America Industrial Turbines Sales Breakdown by Type (2021-2026)
  17. 1.5.5 Middle East and Africa Industrial Turbines Sales Breakdown by Type (2021-2026)
2 Global Market Dynamics
  1. 2.1 Industrial Turbines Industry Trends
  2. 2.2 Industrial Turbines Industry Drivers
  3. 2.3 Industrial Turbines Industry Opportunities and Challenges
  4. 2.4 Industrial Turbines Industry Restraints
3 Market Competitive Landscape by Company
  1. 3.1 Global Top Players by Industrial Turbines Revenue (2021-2026)
  2. 3.2 Global Top Players by Industrial Turbines Sales (2021-2026)
  3. 3.3 Global Top Players by Industrial Turbines Price (2021-2026)
  4. 3.4 Global Industrial Turbines Industry Company Ranking, 2024 VS 2025 VS 2026
  5. 3.5 Global Industrial Turbines Major Company Production Sites & Headquarters
  6. 3.6 Global Industrial Turbines Company, Product Type & Application
  7. 3.7 Global Industrial Turbines Company Establishment Date
  8. 3.8 Market Competitive Analysis
  9. 3.8.1 Global Industrial Turbines Market CR5 and HHI
  10. 3.8.2 Global Top 5 and 10 Industrial Turbines Players Market Share by Revenue in 2025
  11. 3.8.3 2025 Industrial Turbines Tier 1, Tier 2, and Tier 3
4 Industrial Turbines Regional Status and Outlook
  1. 4.1 Global Industrial Turbines Market Size and CAGR by Region: 2021 VS 2025 VS 2032
  2. 4.2 Global Industrial Turbines Historic Market Size by Region
  3. 4.2.1 Global Industrial Turbines Sales in Volume by Region (2021-2026)
  4. 4.2.2 Global Industrial Turbines Sales in Value by Region (2021-2026)
  5. 4.2.3 Global Industrial Turbines Sales (Volume & Value), Price and Gross Margin (2021-2026)
  6. 4.3 Global Industrial Turbines Forecasted Market Size by Region
  7. 4.3.1 Global Industrial Turbines Sales in Volume by Region (2027-2032)
  8. 4.3.2 Global Industrial Turbines Sales in Value by Region (2027-2032)
  9. 4.3.3 Global Industrial Turbines Sales (Volume & Value), Price and Gross Margin (2027-2032)
5 Industrial Turbines by Application
  1. 5.1 Industrial Turbines Market by Application
  2. 5.1.1 Power and Utility
  3. 5.1.2 Engineering
  4. 5.1.3 Others
  5. 5.2 Global Industrial Turbines Market Size by Application
  6. 5.2.1 Global Industrial Turbines Market Size Overview by Application (2021-2032)
  7. 5.2.2 Global Industrial Turbines Historic Market Size Review by Application (2021-2026)
  8. 5.2.3 Global Industrial Turbines Forecasted Market Size by Application (2027-2032)
  9. 5.3 Key Regions Market Size by Application
  10. 5.3.1 North America Industrial Turbines Sales Breakdown by Application (2021-2026)
  11. 5.3.2 Europe Industrial Turbines Sales Breakdown by Application (2021-2026)
  12. 5.3.3 Asia-Pacific Industrial Turbines Sales Breakdown by Application (2021-2026)
  13. 5.3.4 South America Industrial Turbines Sales Breakdown by Application (2021-2026)
  14. 5.3.5 Middle East and Africa Industrial Turbines Sales Breakdown by Application (2021-2026)
6 Company Profiles
  1. 6.1 Ansaldo Energia
  2. 6.1.1 Ansaldo Energia Company Information
  3. 6.1.2 Ansaldo Energia Business Overview
  4. 6.1.3 Ansaldo Energia Industrial Turbines Sales, Revenue and Gross Margin (2021-2026)
  5. 6.1.4 Ansaldo Energia Industrial Turbines Product Portfolio
  6. 6.1.5 Ansaldo Energia Recent Developments
  7. 6.2 BHEL
  8. 6.2.1 BHEL Company Information
  9. 6.2.2 BHEL Business Overview
  10. 6.2.3 BHEL Industrial Turbines Sales, Revenue and Gross Margin (2021-2026)
  11. 6.2.4 BHEL Industrial Turbines Product Portfolio
  12. 6.2.5 BHEL Recent Developments
  13. 6.3 GE
  14. 6.3.1 GE Company Information
  15. 6.3.2 GE Business Overview
  16. 6.3.3 GE Industrial Turbines Sales, Revenue and Gross Margin (2021-2026)
  17. 6.3.4 GE Industrial Turbines Product Portfolio
  18. 6.3.5 GE Recent Developments
  19. 6.4 Siemens
  20. 6.4.1 Siemens Company Information
  21. 6.4.2 Siemens Business Overview
  22. 6.4.3 Siemens Industrial Turbines Sales, Revenue and Gross Margin (2021-2026)
  23. 6.4.4 Siemens Industrial Turbines Product Portfolio
  24. 6.4.5 Siemens Recent Developments
  25. 6.5 Kawasaki Heavy Industries
  26. 6.5.1 Kawasaki Heavy Industries Company Information
  27. 6.5.2 Kawasaki Heavy Industries Business Overview
  28. 6.5.3 Kawasaki Heavy Industries Industrial Turbines Sales, Revenue and Gross Margin (2021-2026)
  29. 6.5.4 Kawasaki Heavy Industries Industrial Turbines Product Portfolio
  30. 6.5.5 Kawasaki Heavy Industries Recent Developments
  31. 6.6 Mitsubishi Heavy Industries
  32. 6.6.1 Mitsubishi Heavy Industries Company Information
  33. 6.6.2 Mitsubishi Heavy Industries Business Overview
  34. 6.6.3 Mitsubishi Heavy Industries Industrial Turbines Sales, Revenue and Gross Margin (2021-2026)
  35. 6.6.4 Mitsubishi Heavy Industries Industrial Turbines Product Portfolio
  36. 6.6.5 Mitsubishi Heavy Industries Recent Developments
  37. 6.7 Fuji Electric
  38. 6.7.1 Fuji Electric Company Information
  39. 6.7.2 Fuji Electric Business Overview
  40. 6.7.3 Fuji Electric Industrial Turbines Sales, Revenue and Gross Margin (2021-2026)
  41. 6.7.4 Fuji Electric Industrial Turbines Product Portfolio
  42. 6.7.5 Fuji Electric Recent Developments
  43. 6.8 Toshiba
  44. 6.8.1 Toshiba Company Information
  45. 6.8.2 Toshiba Business Overview
  46. 6.8.3 Toshiba Industrial Turbines Sales, Revenue and Gross Margin (2021-2026)
  47. 6.8.4 Toshiba Industrial Turbines Product Portfolio
  48. 6.8.5 Toshiba Recent Developments
  49. 6.9 Peter Brotherhood
  50. 6.9.1 Peter Brotherhood Company Information
  51. 6.9.2 Peter Brotherhood Business Overview
  52. 6.9.3 Peter Brotherhood Industrial Turbines Sales, Revenue and Gross Margin (2021-2026)
  53. 6.9.4 Peter Brotherhood Industrial Turbines Product Portfolio
  54. 6.9.5 Peter Brotherhood Recent Developments
  55. 6.10 Doosan Skoda Power
  56. 6.10.1 Doosan Skoda Power Company Information
  57. 6.10.2 Doosan Skoda Power Business Overview
  58. 6.10.3 Doosan Skoda Power Industrial Turbines Sales, Revenue and Gross Margin (2021-2026)
  59. 6.10.4 Doosan Skoda Power Industrial Turbines Product Portfolio
  60. 6.10.5 Doosan Skoda Power Recent Developments
  61. 6.11 Elliott Group
  62. 6.11.1 Elliott Group Company Information
  63. 6.11.2 Elliott Group Business Overview
  64. 6.11.3 Elliott Group Industrial Turbines Sales, Revenue and Gross Margin (2021-2026)
  65. 6.11.4 Elliott Group Industrial Turbines Product Portfolio
  66. 6.11.5 Elliott Group Recent Developments
  67. 6.12 Harbin Electric Machinery
  68. 6.12.1 Harbin Electric Machinery Company Information
  69. 6.12.2 Harbin Electric Machinery Business Overview
  70. 6.12.3 Harbin Electric Machinery Industrial Turbines Sales, Revenue and Gross Margin (2021-2026)
  71. 6.12.4 Harbin Electric Machinery Industrial Turbines Product Portfolio
  72. 6.12.5 Harbin Electric Machinery Recent Developments
  73. 6.13 Dongfang Electric
  74. 6.13.1 Dongfang Electric Company Information
  75. 6.13.2 Dongfang Electric Business Overview
  76. 6.13.3 Dongfang Electric Industrial Turbines Sales, Revenue and Gross Margin (2021-2026)
  77. 6.13.4 Dongfang Electric Industrial Turbines Product Portfolio
  78. 6.13.5 Dongfang Electric Recent Developments
7 North America by Country
  1. 7.1 North America Industrial Turbines Sales by Country
  2. 7.1.1 North America Industrial Turbines Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
  3. 7.1.2 North America Industrial Turbines Sales by Country (2021-2026)
  4. 7.1.3 North America Industrial Turbines Sales Forecast by Country (2027-2032)
  5. 7.2 North America Industrial Turbines Market Size by Country
  6. 7.2.1 North America Industrial Turbines Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
  7. 7.2.2 North America Industrial Turbines Market Size by Country (2021-2026)
  8. 7.2.3 North America Industrial Turbines Market Size Forecast by Country (2027-2032)
8 Europe by Country
  1. 8.1 Europe Industrial Turbines Sales by Country
  2. 8.1.1 Europe Industrial Turbines Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
  3. 8.1.2 Europe Industrial Turbines Sales by Country (2021-2026)
  4. 8.1.3 Europe Industrial Turbines Sales Forecast by Country (2027-2032)
  5. 8.2 Europe Industrial Turbines Market Size by Country
  6. 8.2.1 Europe Industrial Turbines Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
  7. 8.2.2 Europe Industrial Turbines Market Size by Country (2021-2026)
  8. 8.2.3 Europe Industrial Turbines Market Size Forecast by Country (2027-2032)
9 Asia-Pacific by Country
  1. 9.1 Asia-Pacific Industrial Turbines Sales by Country
  2. 9.1.1 Asia-Pacific Industrial Turbines Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
  3. 9.1.2 Asia-Pacific Industrial Turbines Sales by Country (2021-2026)
  4. 9.1.3 Asia-Pacific Industrial Turbines Sales Forecast by Country (2027-2032)
  5. 9.2 Asia-Pacific Industrial Turbines Market Size by Country
  6. 9.2.1 Asia-Pacific Industrial Turbines Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
  7. 9.2.2 Asia-Pacific Industrial Turbines Market Size by Country (2021-2026)
  8. 9.2.3 Asia-Pacific Industrial Turbines Market Size Forecast by Country (2027-2032)
10 South America by Country
  1. 10.1 South America Industrial Turbines Sales by Country
  2. 10.1.1 South America Industrial Turbines Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
  3. 10.1.2 South America Industrial Turbines Sales by Country (2021-2026)
  4. 10.1.3 South America Industrial Turbines Sales Forecast by Country (2027-2032)
  5. 10.2 South America Industrial Turbines Market Size by Country
  6. 10.2.1 South America Industrial Turbines Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
  7. 10.2.2 South America Industrial Turbines Market Size by Country (2021-2026)
  8. 10.2.3 South America Industrial Turbines Market Size Forecast by Country (2027-2032)
11 Middle East and Africa by Country
  1. 11.1 Middle East and Africa Industrial Turbines Sales by Country
  2. 11.1.1 Middle East and Africa Industrial Turbines Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
  3. 11.1.2 Middle East and Africa Industrial Turbines Sales by Country (2021-2026)
  4. 11.1.3 Middle East and Africa Industrial Turbines Sales Forecast by Country (2027-2032)
  5. 11.2 Middle East and Africa Industrial Turbines Market Size by Country
  6. 11.2.1 Middle East and Africa Industrial Turbines Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
  7. 11.2.2 Middle East and Africa Industrial Turbines Market Size by Country (2021-2026)
  8. 11.2.3 Middle East and Africa Industrial Turbines Market Size Forecast by Country (2027-2032)
12 Value Chain and Sales Channels Analysis
  1. 12.1 Industrial Turbines Value Chain Analysis
  2. 12.1.1 Industrial Turbines 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 Industrial Turbines Production Mode & Process
  7. 12.2 Industrial Turbines Sales Channels Analysis
  8. 12.2.1 Direct Comparison with Distribution Share
  9. 12.2.2 Industrial Turbines Distributors
  10. 12.2.3 Industrial Turbines 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

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