Turbine and Turbine Generator Set Units Global Market Report 2025

Global Turbine and Turbine Generator Set Units Market Report 2024

Turbine and Turbine Generator Set Units Global Market Report 2025 – By Product (Hydro, Steam, Gas-based, Wind, Nuclear), By Capacity (Below 75 kVA, 75-350 kVA, Above 350 kVA), By Application (Standby Backup Power, Prime Or Continuous Power, Peak Shaving Power), By End-User (Residential, Commercial, Industrial) – Market Size, Trends, And Global Forecast 2025-2034

Name: Turbine and Turbine Generator Set Units Global Market Report 2025
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Turbine and Turbine Generator Set Units Global Market Report 2025

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Turbine and Turbine Generator Set Units Market Definition

A turbine refers to a machine in which the rotation of a bladed rotor transforms the kinetic energy of a moving fluid into mechanical energy. Turbine generator set units refer to the combination of a turbine and generator, which turns the turbine's mechanical energy into electricity.

The main types of turbine and turbine generator set units are hydro, steam, gas-based, wind, and nuclear, with different types of capacity such as below 75 kVA, 75–350 kVA, and above 350 kVA. Hydro turbines refer to equipment used in hydroelectric power plants to convert the energy of moving water into electricity through a spinning shaft. They are used for several applications, including standby backup power, prime or continuous power, and peak shaving power that are used by residential, commercial, and industrial end users.

Turbine and Turbine Generator Set Units Market Segmentation

The turbine and turbine generator set units market covered in this report is segmented –

1) By Product: Hydro, Steam, Gas-based, Wind, Nuclear

2) By Capacity: Below 75 kVA, 75-350 kVA, Above 350 kVA

3) By Application: Standby Backup Power, Prime Or Continuous Power, Peak Shaving Power

4) By End-User: Residential, Commercial, Industrial

Subsegments:

1) By Hydro: Kaplan Turbines, Francis Turbines, Pelton Turbines

2) By Steam: Condensing Steam Turbines, Back Pressure Steam Turbines, Extraction Steam Turbines

3) By Gas-Based: Heavy-Duty Gas Turbines, Aeroderivative Gas Turbines, Microturbines

4) By Wind: Horizontal Axis Wind Turbines (HAWT), Vertical Axis Wind Turbines (VAWT)

5) By Nuclear: Pressurized Water Reactor (PWR) Turbines, Boiling Water Reactor (BWR) Turbines

Turbine and Turbine Generator Set Units Global Market Report 2025 Market Size and growth rate 2025 to 2029: Graph

Turbine and Turbine Generator Set Units Market Size 2025 And Growth Rate

The turbine and turbine generator set units market size has grown strongly in recent years. It will grow from $229.24 billion in 2024 to $252.04 billion in 2025 at a compound annual growth rate (CAGR) of 9.9%. The growth in the historic period can be attributed to energy demand and power generation needs, industrialization and infrastructure development, government policies and energy regulations, global economic growth and investments, natural resource utilization and energy mix.

Turbine and Turbine Generator Set Units Market Growth Forecast

The turbine and turbine generator set units market size is expected to see strong growth in the next few years. It will grow to $356.53 billion in 2029 at a compound annual growth rate (CAGR) of 9.1%. The growth in the forecast period can be attributed to renewable energy transition and decentralized power generation, government incentives for clean energy, grid modernization and smart energy systems, urbanization and increased power consumption, resilience planning and emergency power supply. Major trends in the forecast period include modular and compact turbine designs, evolving materials and coating technologies, emphasis on predictive maintenance and condition monitoring, global expansion of turbine manufacturing, development of small-scale and micro turbines.

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Turbine and Turbine Generator Set Units Market Driver: Power Demand Surge Propels Growth In Turbine And Turbine Generator Set Units Market

The surge in demand for power is significantly contributing to the growth of the turbine and turbine generator set units market going forward. The amount of power used at any particular time determines the demand for it. The greater the demand, the more electricity individuals are utilizing at any given time. Turbines and turbine generator sets are used to generate electricity by converting the energy of fluids like water or steam into electricity. For instance, in January 2022, according to a report released by the International Energy Agency (IEA), a France-based autonomous intergovernmental organization that provides analysis and data on the global energy sector, global energy demand increased by 6% in 2021. The report predicted an average annual increase in electricity demand of 2.7% for the years 2022–2024. Therefore, the surge in demand for power is driving the growth of the turbine and turbine generator set units market.

Turbine and Turbine Generator Set Units Market Driver: Surging Electricity Demand To Ignite Growth In Turbine And Turbine Generator Set Units Market

The increasing electricity demand is expected to propel the growth of the turbine and turbine generator set units market going forward. Electricity demand refers to the quantity of electrical power needed or consumed within a specific area, region, or timeframe. As electricity demand rises, the need for power generation equipment, including turbines and turbine generator sets, also increases. The surge in demand for power significantly contributes to the growth of this market, as more electricity is utilized at any given time, driving the need for power generation equipment. For instance, in January 2024, according to the International Energy Agency (IEA), a France-based autonomous intergovernmental organization, global electricity demand grew by 2.2% in 2023. In 2022, the demand for electricity in the United States increased by 2.6%. Therefore, the increasing electricity demand would boost the growth of the turbine and turbine generator set units market during the forecast period.

Global Turbine and Turbine Generator Set Units Market Major Players

Major companies operating in the turbine and turbine generator set units market include Mitsubishi Heavy Industries Ltd., Aksa Power Generation Corp., Caterpillar Inc., Cummins Inc., Doosan Corporation, Kohler Co., Wärtsilä Corporation, Generac Power Systems Inc., Harbin Electric Company Limited, Bharat Heavy Electricals Limited, Siemens AG, General Electric Company, Toshiba Corporation, Dongfang Electric Corporation Limited, Ansaldo Energia SpA, Kawasaki Heavy Industries Ltd., Alstom SA, Hitachi Ltd., Nanjing Turbine & Electric Machinery Co. Ltd., OPRA Turbines BV, MAN Energy Solutions SE, Shanghai Electric Group Company Limited, Yanmar Co. Ltd., Vestas Wind Systems A/S, Goldwind Science & Technology Co. Ltd., Baker Hughes Co., Nordex SE

Global Turbine and Turbine Generator Set Units Market Trend: Innovative Strides Propel Turbine And Turbine Generator Set Units Market Trends

Product innovations are the key trends gaining popularity in the turbine and turbine generator set units market. Major companies operating in the turbine and turbine generator set units market are focusing on developing innovative products to sustain their position in the market. For instance, EnergyAustralia, an Australia-based electricity and gas retailing private company, introduced Tallawarra B Power Station, the country’s first dual-fuel capable gas plant. This 320-MW facility, powered by GE Vernova’s 9F.05 gas turbine, can run on natural gas and is set to transition to a 5% hydrogen blend by 2025, positioning it as a key asset for supporting renewable energy integration and offsetting carbon emissions in Australia.

Global Turbine and Turbine Generator Set Units Market Trend: New Product To Improve Capacity

Major companies operating in the turbine and turbine generator set units market are focusing on the development of innovative products such as high-capacity generator set units to sustain their position in the market. High-capacity generator set units are powerful, large-scale systems designed to generate significant amounts of electrical energy, typically measured in megawatts (MW). For instance, in January 2023, ReNew Power, an India-based renewable energy company by operational capacity, installed India’s first 3x platform wind turbine generators (WTG) in Gadag, Karnataka. The WTGs have a nameplate capacity of 3.3-3.465 MW (megawatt) and are 128-140 m in height. They offer significantly improved capacity over models installed in India to date, which typically have a nameplate capacity of 2-3 MW. The new WTGs will be a part of the country’s first ‘Round the Clock’ renewable energy project, combining wind, solar, and a battery energy storage system (BESS). This project will produce enough energy to power over 1 million households in India annually.

Turbine and Turbine Generator Set Units Market Merger And Acquisition: ReNew Energy And Gentari Forge Strategic Joint Venture To Accelerate Renewable Energy Development In India

In July 2023, ReNew, an India-based renewable energy company, collaborated with Gentari to develop 5 GW of renewable capacity in India, reinforcing both companies' commitment to enhancing decarbonization efforts and advancing the renewable energy landscape in the region. The collaboration reflects a significant step towards achieving sustainability goals and addressing the growing demand for clean energy in India. Gentari Sdn. Bhd. is a Malaysia-based renewable energy company.

Regional Analysis For The Global Turbine and Turbine Generator Set Units Market

Asia-Pacific was the largest region in the turbine and turbine generator set units market in 2024. Asia-Pacific is expected to be the turbine and turbine generator set units market report fastest-growing region in the forecast period. The regions covered in the turbine and turbine generator set units market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

The countries covered in the turbine and turbine generator set units market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

What Defines the Turbine and Turbine Generator Set Units Market?

The turbine and turbine generator set units market consists of sales of tower, nacelle, hub and blades, and other components. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

How is Market Value Defined and Measured?

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

What is the Market Assessment and Strategic Outlook for the Turbine and Turbine Generator Set Units Industry?

The turbine and turbine generator set units market research report is one of a series of new reports from The Business Research Company that provides turbine and turbine generator set units market statistics, including turbine and turbine generator set units industry global market size, regional shares, competitors with a turbine and turbine generator set units market share, detailed turbine and turbine generator set units market segments, market trends and opportunities, and any further data you may need to thrive in the turbine and turbine generator set units industry. This turbine and turbine generator set units market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Turbine and Turbine Generator Set Units Market Report Forecast Analysis

Report Attribute	Details
Market Size Value In 2025	$252.04 billion
Revenue Forecast In 2034	$356.53 billion
Growth Rate	CAGR of 9.1% from 2025 to 2034
Base Year For Estimation	2024
Actual Estimates/Historical Data	2019-2024
Forecast Period	2025 - 2029 - 2034
Market Representation	Revenue in USD Billion and CAGR from 2025 to 2034
Segments Covered	1) By Product: Hydro, Steam, Gas-based, Wind, Nuclear 2) By Capacity: Below 75 kVA, 75-350 kVA, Above 350 kVA 3) By Application: Standby Backup Power, Prime Or Continuous Power, Peak Shaving Power 4) By End-User: Residential, Commercial, Industrial Subsegments: 1) By Hydro: Kaplan Turbines, Francis Turbines, Pelton Turbines 2) By Steam: Condensing Steam Turbines, Back Pressure Steam Turbines, Extraction Steam Turbines 3) By Gas-Based: Heavy-Duty Gas Turbines, Aeroderivative Gas Turbines, Microturbines 4) By Wind: Horizontal Axis Wind Turbines (HAWT), Vertical Axis Wind Turbines (VAWT) 5) By Nuclear: Pressurized Water Reactor (PWR) Turbines, Boiling Water Reactor (BWR) Turbines
Regional Scope	Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Country Scope	The countries covered in the report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain. Additional countries that can be covered in the report are Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, Mexico, Chile, Argentina, Colombia, Peru, Austria, Belgium, Denmark, Finland, Ireland, Netherlands, Norway, Portugal, Sweden, Switzerland, Czech Republic, Poland, Romania, Ukraine, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.
Key Companies Profiled	Mitsubishi Heavy Industries Ltd., Aksa Power Generation Corp., Caterpillar Inc., Cummins Inc., Doosan Corporation, Kohler Co., Wärtsilä Corporation, Generac Power Systems Inc., Harbin Electric Company Limited, Bharat Heavy Electricals Limited, Siemens AG, General Electric Company, Toshiba Corporation, Dongfang Electric Corporation Limited, Ansaldo Energia SpA, Kawasaki Heavy Industries Ltd., Alstom SA, Hitachi Ltd., Nanjing Turbine & Electric Machinery Co. Ltd., OPRA Turbines BV, MAN Energy Solutions SE, Shanghai Electric Group Company Limited, Yanmar Co. Ltd., Vestas Wind Systems A/S, Goldwind Science & Technology Co. Ltd., Baker Hughes Co., Nordex SE
Customization Scope	Request for Sample
Pricing And Purchase Options	Explore Purchase Options

1. Executive Summary

2. Turbine and Turbine Generator Set Units Market Characteristics

3. Turbine and Turbine Generator Set Units Market Trends And Strategies

4. Turbine and Turbine Generator Set Units Market - Macro Economic Scenario Including The Impact Of Interest Rates, Inflation, Geopolitics And Covid And Recovery On The Market

5. Global Turbine and Turbine Generator Set Units Growth Analysis And Strategic Analysis Framework

5.1. Global Turbine and Turbine Generator Set Units PESTEL Analysis (Political, Social, Technological, Environmental and Legal Factors, Drivers and Restraints)

5.2. Analysis Of End Use Industries

5.3. Global Turbine and Turbine Generator Set Units Market Growth Rate Analysis

5.4. Global Turbine and Turbine Generator Set Units Historic Market Size and Growth, 2019 - 2024, Value ($ Billion)

5.5. Global Turbine and Turbine Generator Set Units Forecast Market Size and Growth, 2024 - 2029, 2034F, Value ($ Billion)

5.6. Global Turbine and Turbine Generator Set Units Total Addressable Market (TAM)

6. Turbine and Turbine Generator Set Units Market Segmentation

6.1. Global Turbine and Turbine Generator Set Units Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Hydro

Steam

Gas-based

Wind

Nuclear

6.2. Global Turbine and Turbine Generator Set Units Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Below 75 kVA

75-350 kVA

Above 350 kVA

6.3. Global Turbine and Turbine Generator Set Units Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Standby Backup Power

Prime Or Continuous Power

Peak Shaving Power

6.4. Global Turbine and Turbine Generator Set Units Market, Segmentation By End-User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Residential

Commercial

Industrial

6.5. Global Turbine and Turbine Generator Set Units Market, Sub-Segmentation Of Hydro, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Kaplan Turbines

Francis Turbines

Pelton Turbines

6.6. Global Turbine and Turbine Generator Set Units Market, Sub-Segmentation Of Steam, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Condensing Steam Turbines

Back Pressure Steam Turbines

Extraction Steam Turbines

6.7. Global Turbine and Turbine Generator Set Units Market, Sub-Segmentation Of Gas-Based, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Heavy-Duty Gas Turbines

Aeroderivative Gas Turbines

Microturbines

6.8. Global Turbine and Turbine Generator Set Units Market, Sub-Segmentation Of Wind, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Horizontal Axis Wind Turbines (HAWT)

Vertical Axis Wind Turbines (VAWT)

6.9. Global Turbine and Turbine Generator Set Units Market, Sub-Segmentation Of Nuclear, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Pressurized Water Reactor (PWR) Turbines

Boiling Water Reactor (BWR) Turbines

7. Turbine and Turbine Generator Set Units Market Regional And Country Analysis

7.1. Global Turbine and Turbine Generator Set Units Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

7.2. Global Turbine and Turbine Generator Set Units Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

8. Asia-Pacific Turbine and Turbine Generator Set Units Market

8.1. Asia-Pacific Turbine and Turbine Generator Set Units Market Overview

Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

8.2. Asia-Pacific Turbine and Turbine Generator Set Units Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

8.3. Asia-Pacific Turbine and Turbine Generator Set Units Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

8.4. Asia-Pacific Turbine and Turbine Generator Set Units Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

9. China Turbine and Turbine Generator Set Units Market

9.1. China Turbine and Turbine Generator Set Units Market Overview

9.2. China Turbine and Turbine Generator Set Units Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion

9.3. China Turbine and Turbine Generator Set Units Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion

9.4. China Turbine and Turbine Generator Set Units Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion

10. India Turbine and Turbine Generator Set Units Market

10.1. India Turbine and Turbine Generator Set Units Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

10.2. India Turbine and Turbine Generator Set Units Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

10.3. India Turbine and Turbine Generator Set Units Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

11. Japan Turbine and Turbine Generator Set Units Market

11.1. Japan Turbine and Turbine Generator Set Units Market Overview

11.2. Japan Turbine and Turbine Generator Set Units Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

11.3. Japan Turbine and Turbine Generator Set Units Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

11.4. Japan Turbine and Turbine Generator Set Units Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

12. Australia Turbine and Turbine Generator Set Units Market

12.1. Australia Turbine and Turbine Generator Set Units Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

12.2. Australia Turbine and Turbine Generator Set Units Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

12.3. Australia Turbine and Turbine Generator Set Units Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

13. Indonesia Turbine and Turbine Generator Set Units Market

13.1. Indonesia Turbine and Turbine Generator Set Units Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

13.2. Indonesia Turbine and Turbine Generator Set Units Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

13.3. Indonesia Turbine and Turbine Generator Set Units Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

14. South Korea Turbine and Turbine Generator Set Units Market

14.1. South Korea Turbine and Turbine Generator Set Units Market Overview

14.2. South Korea Turbine and Turbine Generator Set Units Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

14.3. South Korea Turbine and Turbine Generator Set Units Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

14.4. South Korea Turbine and Turbine Generator Set Units Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

15. Western Europe Turbine and Turbine Generator Set Units Market

15.1. Western Europe Turbine and Turbine Generator Set Units Market Overview

15.2. Western Europe Turbine and Turbine Generator Set Units Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

15.3. Western Europe Turbine and Turbine Generator Set Units Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

15.4. Western Europe Turbine and Turbine Generator Set Units Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

16. UK Turbine and Turbine Generator Set Units Market

16.1. UK Turbine and Turbine Generator Set Units Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

16.2. UK Turbine and Turbine Generator Set Units Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

16.3. UK Turbine and Turbine Generator Set Units Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

17. Germany Turbine and Turbine Generator Set Units Market

17.1. Germany Turbine and Turbine Generator Set Units Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

17.2. Germany Turbine and Turbine Generator Set Units Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

17.3. Germany Turbine and Turbine Generator Set Units Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

18. France Turbine and Turbine Generator Set Units Market

18.1. France Turbine and Turbine Generator Set Units Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

18.2. France Turbine and Turbine Generator Set Units Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

18.3. France Turbine and Turbine Generator Set Units Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

19. Italy Turbine and Turbine Generator Set Units Market

19.1. Italy Turbine and Turbine Generator Set Units Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

19.2. Italy Turbine and Turbine Generator Set Units Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

19.3. Italy Turbine and Turbine Generator Set Units Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

20. Spain Turbine and Turbine Generator Set Units Market

20.1. Spain Turbine and Turbine Generator Set Units Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

20.2. Spain Turbine and Turbine Generator Set Units Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

20.3. Spain Turbine and Turbine Generator Set Units Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

21. Eastern Europe Turbine and Turbine Generator Set Units Market

21.1. Eastern Europe Turbine and Turbine Generator Set Units Market Overview

21.2. Eastern Europe Turbine and Turbine Generator Set Units Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

21.3. Eastern Europe Turbine and Turbine Generator Set Units Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

21.4. Eastern Europe Turbine and Turbine Generator Set Units Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

22. Russia Turbine and Turbine Generator Set Units Market

22.1. Russia Turbine and Turbine Generator Set Units Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

22.2. Russia Turbine and Turbine Generator Set Units Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

22.3. Russia Turbine and Turbine Generator Set Units Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

23. North America Turbine and Turbine Generator Set Units Market

23.1. North America Turbine and Turbine Generator Set Units Market Overview

23.2. North America Turbine and Turbine Generator Set Units Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

23.3. North America Turbine and Turbine Generator Set Units Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

23.4. North America Turbine and Turbine Generator Set Units Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

24. USA Turbine and Turbine Generator Set Units Market

24.1. USA Turbine and Turbine Generator Set Units Market Overview

24.2. USA Turbine and Turbine Generator Set Units Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

24.3. USA Turbine and Turbine Generator Set Units Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

24.4. USA Turbine and Turbine Generator Set Units Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

25. Canada Turbine and Turbine Generator Set Units Market

25.1. Canada Turbine and Turbine Generator Set Units Market Overview

25.2. Canada Turbine and Turbine Generator Set Units Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

25.3. Canada Turbine and Turbine Generator Set Units Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

25.4. Canada Turbine and Turbine Generator Set Units Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

26. South America Turbine and Turbine Generator Set Units Market

26.1. South America Turbine and Turbine Generator Set Units Market Overview

26.2. South America Turbine and Turbine Generator Set Units Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

26.3. South America Turbine and Turbine Generator Set Units Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

26.4. South America Turbine and Turbine Generator Set Units Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

27. Brazil Turbine and Turbine Generator Set Units Market

27.1. Brazil Turbine and Turbine Generator Set Units Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

27.2. Brazil Turbine and Turbine Generator Set Units Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

27.3. Brazil Turbine and Turbine Generator Set Units Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

28. Middle East Turbine and Turbine Generator Set Units Market

28.1. Middle East Turbine and Turbine Generator Set Units Market Overview

28.2. Middle East Turbine and Turbine Generator Set Units Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

28.3. Middle East Turbine and Turbine Generator Set Units Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

28.4. Middle East Turbine and Turbine Generator Set Units Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

29. Africa Turbine and Turbine Generator Set Units Market

29.1. Africa Turbine and Turbine Generator Set Units Market Overview

29.2. Africa Turbine and Turbine Generator Set Units Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

29.3. Africa Turbine and Turbine Generator Set Units Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

29.4. Africa Turbine and Turbine Generator Set Units Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

30. Turbine and Turbine Generator Set Units Market Competitive Landscape And Company Profiles

30.1. Turbine and Turbine Generator Set Units Market Competitive Landscape

30.2. Turbine and Turbine Generator Set Units Market Company Profiles

30.2.1. Mitsubishi Heavy Industries Ltd. Overview, Products and Services, Strategy and Financial Analysis

30.2.2. Aksa Power Generation Corp. Overview, Products and Services, Strategy and Financial Analysis

30.2.3. Caterpillar Inc. Overview, Products and Services, Strategy and Financial Analysis

30.2.4. Cummins Inc. Overview, Products and Services, Strategy and Financial Analysis

30.2.5. Doosan Corporation Overview, Products and Services, Strategy and Financial Analysis

31. Turbine and Turbine Generator Set Units Market Other Major And Innovative Companies

31.1. Kohler Co.

31.2. Wärtsilä Corporation

31.3. Generac Power Systems Inc.

31.4. Harbin Electric Company Limited

31.5. Bharat Heavy Electricals Limited

31.6. Siemens AG

31.7. General Electric Company

31.8. Toshiba Corporation

31.9. Dongfang Electric Corporation Limited

31.10. Ansaldo Energia SpA

31.11. Kawasaki Heavy Industries Ltd.

31.12. Alstom SA

31.13. Hitachi Ltd.

31.14. Nanjing Turbine & Electric Machinery Co. Ltd.

31.15. OPRA Turbines BV

32. Global Turbine and Turbine Generator Set Units Market Competitive Benchmarking And Dashboard

33. Key Mergers And Acquisitions In The Turbine and Turbine Generator Set Units Market

34. Recent Developments In The Turbine and Turbine Generator Set Units Market

35. Turbine and Turbine Generator Set Units Market High Potential Countries, Segments and Strategies

35.1 Turbine and Turbine Generator Set Units Market In 2029 - Countries Offering Most New Opportunities

35.2 Turbine and Turbine Generator Set Units Market In 2029 - Segments Offering Most New Opportunities

35.3 Turbine and Turbine Generator Set Units Market In 2029 - Growth Strategies

35.3.1 Market Trend Based Strategies

35.3.2 Competitor Strategies

36. Appendix

36.1. Abbreviations

36.2. Currencies

36.3. Historic And Forecast Inflation Rates

36.4. Research Inquiries

36.5. The Business Research Company

36.6. Copyright And Disclaimer

List Of Tables

Table 1: Global Historic Market Growth, 2019-2024, $ Billion

Table 2: Global Forecast Market Growth, 2024-2029F, 2034F, $ Billion

Table 3: Global Turbine and Turbine Generator Set Units Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 4: Global Turbine and Turbine Generator Set Units Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 5: Global Turbine and Turbine Generator Set Units Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 6: Global Turbine and Turbine Generator Set Units Market, Segmentation By End-User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 7: Global Turbine and Turbine Generator Set Units Market, Sub-Segmentation Of Hydro, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 8: Global Turbine and Turbine Generator Set Units Market, Sub-Segmentation Of Steam, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 9: Global Turbine and Turbine Generator Set Units Market, Sub-Segmentation Of Gas-Based, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 10: Global Turbine and Turbine Generator Set Units Market, Sub-Segmentation Of Wind, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 11: Global Turbine and Turbine Generator Set Units Market, Sub-Segmentation Of Nuclear, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 12: Global Turbine and Turbine Generator Set Units Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 13: Global Turbine and Turbine Generator Set Units Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 14: Asia-Pacific, Turbine and Turbine Generator Set Units Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 15: Asia-Pacific, Turbine and Turbine Generator Set Units Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 16: Asia-Pacific, Turbine and Turbine Generator Set Units Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 17: China, Turbine and Turbine Generator Set Units Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 18: China, Turbine and Turbine Generator Set Units Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 19: China, Turbine and Turbine Generator Set Units Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 20: India, Turbine and Turbine Generator Set Units Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 21: India, Turbine and Turbine Generator Set Units Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 22: India, Turbine and Turbine Generator Set Units Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 23: Japan, Turbine and Turbine Generator Set Units Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 24: Japan, Turbine and Turbine Generator Set Units Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 25: Japan, Turbine and Turbine Generator Set Units Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 26: Australia, Turbine and Turbine Generator Set Units Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 27: Australia, Turbine and Turbine Generator Set Units Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 28: Australia, Turbine and Turbine Generator Set Units Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 29: Indonesia, Turbine and Turbine Generator Set Units Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 30: Indonesia, Turbine and Turbine Generator Set Units Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 31: Indonesia, Turbine and Turbine Generator Set Units Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 32: South Korea, Turbine and Turbine Generator Set Units Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 33: South Korea, Turbine and Turbine Generator Set Units Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 34: South Korea, Turbine and Turbine Generator Set Units Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 35: Western Europe, Turbine and Turbine Generator Set Units Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 36: Western Europe, Turbine and Turbine Generator Set Units Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 37: Western Europe, Turbine and Turbine Generator Set Units Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 38: UK, Turbine and Turbine Generator Set Units Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 39: UK, Turbine and Turbine Generator Set Units Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 40: UK, Turbine and Turbine Generator Set Units Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 41: Germany, Turbine and Turbine Generator Set Units Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 42: Germany, Turbine and Turbine Generator Set Units Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 43: Germany, Turbine and Turbine Generator Set Units Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 44: France, Turbine and Turbine Generator Set Units Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 45: France, Turbine and Turbine Generator Set Units Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 46: France, Turbine and Turbine Generator Set Units Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 47: Italy, Turbine and Turbine Generator Set Units Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 48: Italy, Turbine and Turbine Generator Set Units Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 49: Italy, Turbine and Turbine Generator Set Units Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 50: Spain, Turbine and Turbine Generator Set Units Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 51: Spain, Turbine and Turbine Generator Set Units Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 52: Spain, Turbine and Turbine Generator Set Units Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 53: Eastern Europe, Turbine and Turbine Generator Set Units Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 54: Eastern Europe, Turbine and Turbine Generator Set Units Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 55: Eastern Europe, Turbine and Turbine Generator Set Units Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 56: Russia, Turbine and Turbine Generator Set Units Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 57: Russia, Turbine and Turbine Generator Set Units Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 58: Russia, Turbine and Turbine Generator Set Units Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 59: North America, Turbine and Turbine Generator Set Units Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 60: North America, Turbine and Turbine Generator Set Units Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 61: North America, Turbine and Turbine Generator Set Units Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 62: USA, Turbine and Turbine Generator Set Units Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 63: USA, Turbine and Turbine Generator Set Units Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 64: USA, Turbine and Turbine Generator Set Units Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 65: Canada, Turbine and Turbine Generator Set Units Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 66: Canada, Turbine and Turbine Generator Set Units Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 67: Canada, Turbine and Turbine Generator Set Units Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 68: South America, Turbine and Turbine Generator Set Units Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 69: South America, Turbine and Turbine Generator Set Units Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 70: South America, Turbine and Turbine Generator Set Units Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 71: Brazil, Turbine and Turbine Generator Set Units Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 72: Brazil, Turbine and Turbine Generator Set Units Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 73: Brazil, Turbine and Turbine Generator Set Units Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 74: Middle East, Turbine and Turbine Generator Set Units Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 75: Middle East, Turbine and Turbine Generator Set Units Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 76: Middle East, Turbine and Turbine Generator Set Units Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 77: Africa, Turbine and Turbine Generator Set Units Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 78: Africa, Turbine and Turbine Generator Set Units Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 79: Africa, Turbine and Turbine Generator Set Units Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 80: Mitsubishi Heavy Industries Ltd. Financial Performance

Table 81: Aksa Power Generation Corp. Financial Performance

Table 82: Caterpillar Inc. Financial Performance

Table 83: Cummins Inc. Financial Performance

Table 84: Doosan Corporation Financial Performance

List Of Figures

Figure 1: Global Historic Market Growth, 2019-2024, $ Billion

Figure 2: Global Forecast Market Growth, 2024-2029F, 2034F, $ Billion

Figure 3: Global Turbine and Turbine Generator Set Units Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 4: Global Turbine and Turbine Generator Set Units Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 5: Global Turbine and Turbine Generator Set Units Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 6: Global Turbine and Turbine Generator Set Units Market, Segmentation By End-User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 7: Global Turbine and Turbine Generator Set Units Market, Sub-Segmentation Of Hydro, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 8: Global Turbine and Turbine Generator Set Units Market, Sub-Segmentation Of Steam, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 9: Global Turbine and Turbine Generator Set Units Market, Sub-Segmentation Of Gas-Based, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 10: Global Turbine and Turbine Generator Set Units Market, Sub-Segmentation Of Wind, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 11: Global Turbine and Turbine Generator Set Units Market, Sub-Segmentation Of Nuclear, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 12: Global Turbine and Turbine Generator Set Units Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 13: Global Turbine and Turbine Generator Set Units Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 14: Asia-Pacific, Turbine and Turbine Generator Set Units Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 15: Asia-Pacific, Turbine and Turbine Generator Set Units Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 16: Asia-Pacific, Turbine and Turbine Generator Set Units Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 17: China, Turbine and Turbine Generator Set Units Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 18: China, Turbine and Turbine Generator Set Units Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 19: China, Turbine and Turbine Generator Set Units Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 20: India, Turbine and Turbine Generator Set Units Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 21: India, Turbine and Turbine Generator Set Units Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 22: India, Turbine and Turbine Generator Set Units Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 23: Japan, Turbine and Turbine Generator Set Units Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 24: Japan, Turbine and Turbine Generator Set Units Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 25: Japan, Turbine and Turbine Generator Set Units Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 26: Australia, Turbine and Turbine Generator Set Units Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 27: Australia, Turbine and Turbine Generator Set Units Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 28: Australia, Turbine and Turbine Generator Set Units Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 29: Indonesia, Turbine and Turbine Generator Set Units Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 30: Indonesia, Turbine and Turbine Generator Set Units Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 31: Indonesia, Turbine and Turbine Generator Set Units Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 32: South Korea, Turbine and Turbine Generator Set Units Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 33: South Korea, Turbine and Turbine Generator Set Units Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 34: South Korea, Turbine and Turbine Generator Set Units Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 35: Western Europe, Turbine and Turbine Generator Set Units Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 36: Western Europe, Turbine and Turbine Generator Set Units Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 37: Western Europe, Turbine and Turbine Generator Set Units Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 38: UK, Turbine and Turbine Generator Set Units Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 39: UK, Turbine and Turbine Generator Set Units Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 40: UK, Turbine and Turbine Generator Set Units Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 41: Germany, Turbine and Turbine Generator Set Units Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 42: Germany, Turbine and Turbine Generator Set Units Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 43: Germany, Turbine and Turbine Generator Set Units Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 44: France, Turbine and Turbine Generator Set Units Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 45: France, Turbine and Turbine Generator Set Units Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 46: France, Turbine and Turbine Generator Set Units Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 47: Italy, Turbine and Turbine Generator Set Units Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 48: Italy, Turbine and Turbine Generator Set Units Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 49: Italy, Turbine and Turbine Generator Set Units Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 50: Spain, Turbine and Turbine Generator Set Units Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 51: Spain, Turbine and Turbine Generator Set Units Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 52: Spain, Turbine and Turbine Generator Set Units Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 53: Eastern Europe, Turbine and Turbine Generator Set Units Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 54: Eastern Europe, Turbine and Turbine Generator Set Units Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 55: Eastern Europe, Turbine and Turbine Generator Set Units Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 56: Russia, Turbine and Turbine Generator Set Units Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 57: Russia, Turbine and Turbine Generator Set Units Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 58: Russia, Turbine and Turbine Generator Set Units Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 59: North America, Turbine and Turbine Generator Set Units Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 60: North America, Turbine and Turbine Generator Set Units Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 61: North America, Turbine and Turbine Generator Set Units Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 62: USA, Turbine and Turbine Generator Set Units Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 63: USA, Turbine and Turbine Generator Set Units Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 64: USA, Turbine and Turbine Generator Set Units Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 65: Canada, Turbine and Turbine Generator Set Units Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 66: Canada, Turbine and Turbine Generator Set Units Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 67: Canada, Turbine and Turbine Generator Set Units Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 68: South America, Turbine and Turbine Generator Set Units Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 69: South America, Turbine and Turbine Generator Set Units Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 70: South America, Turbine and Turbine Generator Set Units Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 71: Brazil, Turbine and Turbine Generator Set Units Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 72: Brazil, Turbine and Turbine Generator Set Units Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 73: Brazil, Turbine and Turbine Generator Set Units Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 74: Middle East, Turbine and Turbine Generator Set Units Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 75: Middle East, Turbine and Turbine Generator Set Units Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 76: Middle East, Turbine and Turbine Generator Set Units Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 77: Africa, Turbine and Turbine Generator Set Units Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 78: Africa, Turbine and Turbine Generator Set Units Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 79: Africa, Turbine and Turbine Generator Set Units Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 80: Mitsubishi Heavy Industries Ltd. Financial Performance

Figure 81: Aksa Power Generation Corp. Financial Performance

Figure 82: Caterpillar Inc. Financial Performance

Figure 83: Cummins Inc. Financial Performance

Figure 84: Doosan Corporation Financial Performance

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Frequently Asked Questions

What is the definition of the turbine and turbine generator set units market?

How will the turbine and turbine generator set units market drivers and restraints affect the turbine and turbine generator set units market dynamics? What forces will shape the turbine and turbine generator set units industry going forward?

The turbine and turbine generator set units market major growth driver - A turbine refers to a machine in which the rotation of a bladed rotor transforms the kinetic energy of a moving fluid into mechanical energy. Turbine generator set units refer to the combination of a turbine and generator, which turns the turbine's mechanical energy into electricity.. For further insights on the turbine and turbine generator set units market, request a sample here

What is the forecast market size or the forecast market value of the turbine and turbine generator set units market?

The turbine and turbine generator set units market size has grown strongly in recent years. It will grow from $229.24 billion in 2024 to $252.04 billion in 2025 at a compound annual growth rate (CAGR) of 9.9%. The growth in the historic period can be attributed to energy demand and power generation needs, industrialization and infrastructure development, government policies and energy regulations, global economic growth and investments, natural resource utilization and energy mix. The turbine and turbine generator set units market size is expected to see strong growth in the next few years. It will grow to $356.53 billion in 2029 at a compound annual growth rate (CAGR) of 9.1%. The growth in the forecast period can be attributed to renewable energy transition and decentralized power generation, government incentives for clean energy, grid modernization and smart energy systems, urbanization and increased power consumption, resilience planning and emergency power supply. Major trends in the forecast period include modular and compact turbine designs, evolving materials and coating technologies, emphasis on predictive maintenance and condition monitoring, global expansion of turbine manufacturing, development of small-scale and micro turbines. For further insights on the turbine and turbine generator set units market, request a sample here

How is the turbine and turbine generator set units market segmented?

The turbine and turbine generator set units market is segmented
1) By Product: Hydro, Steam, Gas-based, Wind, Nuclear
2) By Capacity: Below 75 kVA, 75-350 kVA, Above 350 kVA
3) By Application: Standby Backup Power, Prime Or Continuous Power, Peak Shaving Power
4) By End-User: Residential, Commercial, Industrial Subsegments:
1) By Hydro: Kaplan Turbines, Francis Turbines, Pelton Turbines
2) By Steam: Condensing Steam Turbines, Back Pressure Steam Turbines, Extraction Steam Turbines
3) By Gas-Based: Heavy-Duty Gas Turbines, Aeroderivative Gas Turbines, Microturbines
4) By Wind: Horizontal Axis Wind Turbines (HAWT), Vertical Axis Wind Turbines (VAWT)
5) By Nuclear: Pressurized Water Reactor (PWR) Turbines, Boiling Water Reactor (BWR) Turbines For further insights on the turbine and turbine generator set units market, request a sample here

Which region has the largest share of the turbine and turbine generator set units market? What are the other regions covered in the report?

Asia-Pacific was the largest region in the turbine and turbine generator set units market in 2024. Asia-Pacific is expected to be the turbine and turbine generator set units market report fastest-growing region in the forecast period. The regions covered in the turbine and turbine generator set units market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa For further insights on the turbine and turbine generator set units market, request a sample here.

Who are the major players in the turbine and turbine generator set units market?

What are the key trends in the turbine and turbine generator set units market?

Major trend in the turbine and turbine generator set units market - Innovative Strides Propel Turbine And Turbine Generator Set Units Market Trends. For further insights on the turbine and turbine generator set units market, request a sample here.

What are the major opportunities in the turbine and turbine generator set units market? What are the strategies for the turbine and turbine generator set units market?

For detailed insights on the major opportunities and strategies in the turbine and turbine generator set units market, request a sample here.

How does the turbine and turbine generator set units market relate to the overall economy and other similar markets?

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What are the latest mergers and acquisitions in the turbine and turbine generator set units industry?

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What are the key dynamics influencing the turbine and turbine generator set units market growth? SWOT analysis of the turbine and turbine generator set units market.

For detailed insights on the key dynamics influencing the turbine and turbine generator set units market growth and SWOT analysis of the turbine and turbine generator set units industry, request a sample here.