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Steam Turbine Aftermarket Global Market Report 2025
Global Steam Turbine Aftermarket Market Report 2025
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Published : December 2025

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Steam Turbine Aftermarket Global Market Report 2025

By Type of Service (Spare Parts, Repair, Services), By Technology (Combined Cycle, Fossil, Nuclear, Thermal Renewable), By Capacity (Less Than 50 MW, 50 MW To 100 MW, 100 MW To 300 MW, 300 MW To 600 MW, 600 MW And Above), By Service Provider (Original Equipment Manufacturers (OEMs), Independent Service Providers (ISPs)), By End-User (Power Generation, Oil And Gas, General Industries) - Market Size, Trends, And Global Forecast 2025-2034

Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report’s Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.

Steam Turbine Aftermarket Market Overview

• Steam Turbine Aftermarket market size has reached to $4.02 billion in 2024

• Expected to grow to $5.45 billion in 2029 at a compound annual growth rate (CAGR) of 6.2%

• Growth Driver: Rising Electricity Demand Fueling The Growth Of The Market Due To Increasing Need For Efficient And Reliable Power Generation

Asia-Pacific was the largest region in 2024 and North America is the fastest growing region.

What Is Covered Under Steam Turbine Aftermarket Market?

Steam turbine aftermarket refers to the range of services, parts, and solutions provided for steam turbines after their initial installation and commissioning. It includes maintenance, repair, refurbishment, upgrades, and replacement of components to ensure optimal performance, efficiency, and reliability throughout the turbine’s operational life. The aftermarket helps extend the lifespan of steam turbines, reduce unplanned downtime, and support operational continuity in power generation and industrial applications.

The main types of services in the steam turbine aftermarket include spare parts, repair, and services. Spare parts are components or pieces kept in inventory to replace failed, worn-out, or damaged parts of machinery, equipment, or systems, ensuring continued operation and minimizing downtime. The multiple technologies include combined cycle, fossil, nuclear, and renewable thermal, and it offers different capacities such as less than 50 MW, 50 MW to 100 MW, 100 MW to 300 MW, 300 MW to 600 MW, and 600 MW and above. The various service providers are original equipment manufacturers (OEMs) and independent service providers (ISPs), and they are used by several end-users such as power generation, oil and gas, and general industries.

Steam Turbine Aftermarket Market Size and growth rate 2025 to 2029: Graph

What Is The Steam Turbine Aftermarket Market Size 2025 And Growth Rate?

The steam turbine aftermarket market size has grown strongly in recent years. It will grow from $4.02 billion in 2024 to $4.28 billion in 2025 at a compound annual growth rate (CAGR) of 6.6%. The growth in the historic period can be attributed to increasing adoption of renewable energy integration, rising demand for power generation capacity, a rise in industrialization and urbanization, increasing refurbishment of aging power infrastructure, and a rising focus on operational efficiency in turbines.

What Is The Steam Turbine Aftermarket Market Growth Forecast?

The steam turbine aftermarket market size is expected to see strong growth in the next few years. It will grow to $5.45 billion in 2029 at a compound annual growth rate (CAGR) of 6.2%. The growth in the forecast period can be attributed to increasing replacement of old turbines with efficient models, rising investments in combined cycle power plants, increasing demand for flexible power generation, rising need for reduced carbon emissions, and increasing adoption of predictive maintenance technologies. Major trends in the forecast period include advancement in digital twin technology for turbine monitoring, advanced materials for improved turbine performance, development of aftermarket service packages, innovation in rotor blade design for efficiency, and advancement in remote condition monitoring systems.

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What’s The Trade War Impact On Utilities Industry?

The rapid escalation of U.S. tariffs and the resulting trade tensions in spring 2025 are significantly impacting the utilities sector, particularly in power generation, grid infrastructure, and renewable energy projects. Higher duties on imported equipment such as turbines, transformers, solar panels, and battery storage systems have increased capital and operational costs for utility providers, forcing them to reconsider project timelines or pass on expenses to consumers through higher energy rates. The water and waste management segments are also affected, with tariffs driving up the cost of essential machinery, piping, and treatment technologies. Additionally, retaliatory tariffs have disrupted global supply chains for critical raw materials like rare earth metals used in clean energy technologies, further complicating the transition to sustainable energy sources. The sector must now prioritize domestic sourcing, digitalization, and efficiency-driven innovations to manage escalating costs while ensuring energy security and regulatory compliance.

How Is The Steam Turbine Aftermarket Market Segmented?

1) By Type of Service: Spare Parts, Repair, Services

2) By Technology: Combined Cycle, Fossil, Nuclear, Thermal Renewable

3) By Capacity: Less Than 50 MW, 50 MW To 100 MW, 100 MW To 300 MW, 300 MW To 600 MW, 600 MW And Above

4) By Service Provider: Original Equipment Manufacturers (OEMs), Independent Service Providers (ISPs)

5) By End-User: Power Generation, Oil And Gas, General Industries

Subsegments:

1) By Spare Parts: Replacement Blades, Bearings, Seals, Casings, Control Systems

2) By Repair: Turbine Overhaul, Rotor Alignment, Blade Repair, Bearing Replacement, Seal Repair

3) By Services: Performance Monitoring, Predictive Maintenance, Installation Services, Commissioning Services, Technical Consulting

What Is Driving The Steam Turbine Aftermarket Market? Rising Electricity Demand Fueling The Growth Of The Market Due To Increasing Need For Efficient And Reliable Power Generation

The growing electricity demand is expected to propel the growth of the steam turbine aftermarket market going forward. Electricity is the movement of electric charges that can be used to generate energy for light, heat, and power. Electricity demand is rising due to the rapid growth of digital technologies and electronic devices, which require a continuous and increasing power supply to support modern lifestyles and businesses. The steam turbine aftermarket supports electricity demand management by providing maintenance and upgrades that improve turbine efficiency, ensuring a stable and reliable power supply to meet changing energy needs. For instance, in April 2023, according to a report published by the Energy Information Administration, a US-based government agency, the United States is projected to experience a growth in energy consumption across all forms, with an anticipated increase ranging from 0% to 15% from 2022 to 2050. Therefore, the growing electricity demand is driving the growth of the steam turbine aftermarket industry.

What Is Driving The Steam Turbine Aftermarket Market? Rising Renewable Energy Adoption Fueling The Growth Of The Market Due To Increasing Demand For Maintenance And Upgrades In Biomass And Geothermal Power Plants

The increasing renewable energy adoption is expected to propel the growth of the steam turbine aftermarket market going forward. Renewable energy is power produced from sources that naturally replenish, such as sunlight, wind, water, and plants, and can be used sustainably. Renewable energy adoption is rising due to increasing environmental concerns, as governments and businesses seek cleaner energy sources to reduce greenhouse gas emissions and combat climate change. The steam turbine aftermarket supports renewable energy by providing maintenance and upgrades that enhance the efficiency and reliability of steam turbines used in biomass and geothermal power plants. For instance, in October 2024, according to the International Energy Agency (IEA), a France-based intergovernmental organization, the world is expected to install more than 5,500 gigawatts (GW) of renewable energy capacity from 2024 to 2030. Therefore, the increasing renewable energy adoption is driving the growth of the steam turbine aftermarket industry.

Who Are The Major Players In The Global Steam Turbine Aftermarket Market?

Major companies operating in the steam turbine aftermarket market are Sumitomo Heavy Industries Ltd., Siemens Energy AG, Mitsubishi Heavy Industries Ltd., NTPC Limited, Shanghai Electric Group Co. Ltd., Doosan Enerbility Co. Ltd., Kawasaki Heavy Industries Ltd., Dongfang Electric Corporation Limited, Fincantieri S.p.A., Fuji Electric Co. Ltd., Ebara Corporation, Babcock International Group Plc, Voith GmbH & Co. KGaA, Sulzer Ltd., Bharat Heavy Electricals Limited, Triveni Turbine Limited, SIFCO Industries Inc., Toshiba Energy Systems & Solutions Corporation, Turtle Turbines Private Limited, and Allied Power Group LLC.

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What Are Latest Mergers And Acquisitions In The Steam Turbine Aftermarket Market? EDF Acquires GE Vernova’s Nuclear Steam Operations To Boost Global Nuclear Power Capabilities

In May 2024, Électricité de France (EDF), a France-based electric utility company, acquired GE Steam Power's nuclear activities from GE Vernova Inc. for an undisclosed amount. Through this acquisition, EDF aims to strengthen its nuclear capabilities by acquiring advanced steam turbine technologies and service expertise, enabling the company to supply, maintain, and upgrade equipment for existing and new nuclear power plants while supporting European energy security and decarbonization goals. GE Vernova Inc. is a US-based energy technology company that provides steam turbine aftermarket services.

What Is The Regional Outlook For The Global Steam Turbine Aftermarket Market?

Asia-Pacific was the largest region in the steam turbine aftermarket market in 2024. North America is expected to be the fastest-growing region in the forecast period. The regions covered in this market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

What Defines the Steam Turbine Aftermarket Market?

The steam turbine aftermarket market includes revenues earned by entities by providing services such as performance upgrades, retrofitting, condition monitoring, and long-term services. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

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 Steam Turbine Aftermarket Industry?

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

Author : Girish Kavali

Market Size Value In 2025

Report AttributeDetails
$4.28 billion Revenue Forecast In 2034
$5.45 billion Growth Rate
CAGR of 6.6% 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
Type of Service, Technology, Capacity, Service Provider, End-User 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, ... Key Companies Profiled
Sumitomo Heavy Industries Ltd., Siemens Energy AG, Mitsubishi Heavy Industries Ltd., NTPC Limited, Shanghai Electric Group Co. Ltd., Doosan Enerbility Co. Ltd., Kawasaki Heavy Industries Ltd., Dongfang Electric Corporation Limited, Fincantieri S.p.A., Fuji Electric Co. Ltd., Ebara Corporation, Babcock International Group Plc, Voith GmbH & Co. KGaA, Sulzer Ltd., Bharat Heavy Electricals Limited, Triveni Turbine Limited, SIFCO Industries Inc., Toshiba Energy Systems & Solutions Corporation, Turtle Turbines Private Limited, and Allied Power Group LLC. Customization Scope
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Table Of Contents

1. Executive Summary

2. Steam Turbine Aftermarket Market Characteristics

3. Steam Turbine Aftermarket Market Trends And Strategies

4. Steam Turbine Aftermarket Market - Macro Economic Scenario Including The Impact Of Interest Rates, Inflation, Geopolitics, Trade Wars and Tariffs, And Covid And Recovery On The Market

4.1. Supply Chain Impact from Tariff War & Trade Protectionism

5. Global Steam Turbine Aftermarket Growth Analysis And Strategic Analysis Framework

5.1. Global Steam Turbine Aftermarket PESTEL Analysis (Political, Social, Technological, Environmental and Legal Factors, Drivers and Restraints)

5.2. Analysis Of End Use Industries

5.3. Global Steam Turbine Aftermarket Market Growth Rate Analysis

5.4. Global Steam Turbine Aftermarket Historic Market Size and Growth, 2019 - 2024, Value ($ Billion)

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

5.6. Global Steam Turbine Aftermarket Total Addressable Market (TAM)

6. Steam Turbine Aftermarket Market Segmentation

6.1. Global Steam Turbine Aftermarket Market, Segmentation By Type Of Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Spare Parts

Repair

Services

6.2. Global Steam Turbine Aftermarket Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Combined Cycle

Fossil

Nuclear

Thermal Renewable

6.3. Global Steam Turbine Aftermarket Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Less Than 50 MW

50 MW To 100 MW

100 MW To 300 MW

300 MW To 600 MW

600 MW And Above

6.4. Global Steam Turbine Aftermarket Market, Segmentation By Service Provider, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Original Equipment Manufacturers (OEMs)

Independent Service Providers (ISPs)

6.5. Global Steam Turbine Aftermarket Market, Segmentation By End-User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Power Generation

Oil And Gas

General Industries

6.6. Global Steam Turbine Aftermarket Market, Sub-Segmentation Of Spare Parts, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Replacement Blades

Bearings

Seals

Casings

Control Systems

6.7. Global Steam Turbine Aftermarket Market, Sub-Segmentation Of Repair, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Turbine Overhaul

Rotor Alignment

Blade Repair

Bearing Replacement

Seal Repair

6.8. Global Steam Turbine Aftermarket Market, Sub-Segmentation Of Services, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Performance Monitoring

Predictive Maintenance

Installation Services

Commissioning Services

Technical Consulting

7. Steam Turbine Aftermarket Market Regional And Country Analysis

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

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

8. Asia-Pacific Steam Turbine Aftermarket Market

8.1. Asia-Pacific Steam Turbine Aftermarket 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 Steam Turbine Aftermarket Market, Segmentation By Type Of Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

8.3. Asia-Pacific Steam Turbine Aftermarket Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

8.4. Asia-Pacific Steam Turbine Aftermarket Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

9. China Steam Turbine Aftermarket Market

9.1. China Steam Turbine Aftermarket Market Overview

9.2. China Steam Turbine Aftermarket Market, Segmentation By Type Of Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion

9.3. China Steam Turbine Aftermarket Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion

9.4. China Steam Turbine Aftermarket Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion

10. India Steam Turbine Aftermarket Market

10.1. India Steam Turbine Aftermarket Market, Segmentation By Type Of Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

10.2. India Steam Turbine Aftermarket Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

10.3. India Steam Turbine Aftermarket Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

11. Japan Steam Turbine Aftermarket Market

11.1. Japan Steam Turbine Aftermarket Market Overview

11.2. Japan Steam Turbine Aftermarket Market, Segmentation By Type Of Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

11.3. Japan Steam Turbine Aftermarket Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

11.4. Japan Steam Turbine Aftermarket Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

12. Australia Steam Turbine Aftermarket Market

12.1. Australia Steam Turbine Aftermarket Market, Segmentation By Type Of Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

12.2. Australia Steam Turbine Aftermarket Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

12.3. Australia Steam Turbine Aftermarket Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

13. Indonesia Steam Turbine Aftermarket Market

13.1. Indonesia Steam Turbine Aftermarket Market, Segmentation By Type Of Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

13.2. Indonesia Steam Turbine Aftermarket Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

13.3. Indonesia Steam Turbine Aftermarket Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

14. South Korea Steam Turbine Aftermarket Market

14.1. South Korea Steam Turbine Aftermarket Market Overview

14.2. South Korea Steam Turbine Aftermarket Market, Segmentation By Type Of Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

14.3. South Korea Steam Turbine Aftermarket Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

14.4. South Korea Steam Turbine Aftermarket Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

15. Western Europe Steam Turbine Aftermarket Market

15.1. Western Europe Steam Turbine Aftermarket Market Overview

15.2. Western Europe Steam Turbine Aftermarket Market, Segmentation By Type Of Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

15.3. Western Europe Steam Turbine Aftermarket Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

15.4. Western Europe Steam Turbine Aftermarket Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

16. UK Steam Turbine Aftermarket Market

16.1. UK Steam Turbine Aftermarket Market, Segmentation By Type Of Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

16.2. UK Steam Turbine Aftermarket Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

16.3. UK Steam Turbine Aftermarket Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

17. Germany Steam Turbine Aftermarket Market

17.1. Germany Steam Turbine Aftermarket Market, Segmentation By Type Of Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

17.2. Germany Steam Turbine Aftermarket Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

17.3. Germany Steam Turbine Aftermarket Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

18. France Steam Turbine Aftermarket Market

18.1. France Steam Turbine Aftermarket Market, Segmentation By Type Of Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

18.2. France Steam Turbine Aftermarket Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

18.3. France Steam Turbine Aftermarket Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

19. Italy Steam Turbine Aftermarket Market

19.1. Italy Steam Turbine Aftermarket Market, Segmentation By Type Of Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

19.2. Italy Steam Turbine Aftermarket Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

19.3. Italy Steam Turbine Aftermarket Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

20. Spain Steam Turbine Aftermarket Market

20.1. Spain Steam Turbine Aftermarket Market, Segmentation By Type Of Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

20.2. Spain Steam Turbine Aftermarket Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

20.3. Spain Steam Turbine Aftermarket Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

21. Eastern Europe Steam Turbine Aftermarket Market

21.1. Eastern Europe Steam Turbine Aftermarket Market Overview

21.2. Eastern Europe Steam Turbine Aftermarket Market, Segmentation By Type Of Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

21.3. Eastern Europe Steam Turbine Aftermarket Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

21.4. Eastern Europe Steam Turbine Aftermarket Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

22. Russia Steam Turbine Aftermarket Market

22.1. Russia Steam Turbine Aftermarket Market, Segmentation By Type Of Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

22.2. Russia Steam Turbine Aftermarket Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

22.3. Russia Steam Turbine Aftermarket Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

23. North America Steam Turbine Aftermarket Market

23.1. North America Steam Turbine Aftermarket Market Overview

23.2. North America Steam Turbine Aftermarket Market, Segmentation By Type Of Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

23.3. North America Steam Turbine Aftermarket Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

23.4. North America Steam Turbine Aftermarket Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

24. USA Steam Turbine Aftermarket Market

24.1. USA Steam Turbine Aftermarket Market Overview

24.2. USA Steam Turbine Aftermarket Market, Segmentation By Type Of Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

24.3. USA Steam Turbine Aftermarket Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

24.4. USA Steam Turbine Aftermarket Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

25. Canada Steam Turbine Aftermarket Market

25.1. Canada Steam Turbine Aftermarket Market Overview

25.2. Canada Steam Turbine Aftermarket Market, Segmentation By Type Of Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

25.3. Canada Steam Turbine Aftermarket Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

25.4. Canada Steam Turbine Aftermarket Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

26. South America Steam Turbine Aftermarket Market

26.1. South America Steam Turbine Aftermarket Market Overview

26.2. South America Steam Turbine Aftermarket Market, Segmentation By Type Of Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

26.3. South America Steam Turbine Aftermarket Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

26.4. South America Steam Turbine Aftermarket Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

27. Brazil Steam Turbine Aftermarket Market

27.1. Brazil Steam Turbine Aftermarket Market, Segmentation By Type Of Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

27.2. Brazil Steam Turbine Aftermarket Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

27.3. Brazil Steam Turbine Aftermarket Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

28. Middle East Steam Turbine Aftermarket Market

28.1. Middle East Steam Turbine Aftermarket Market Overview

28.2. Middle East Steam Turbine Aftermarket Market, Segmentation By Type Of Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

28.3. Middle East Steam Turbine Aftermarket Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

28.4. Middle East Steam Turbine Aftermarket Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

29. Africa Steam Turbine Aftermarket Market

29.1. Africa Steam Turbine Aftermarket Market Overview

29.2. Africa Steam Turbine Aftermarket Market, Segmentation By Type Of Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

29.3. Africa Steam Turbine Aftermarket Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

29.4. Africa Steam Turbine Aftermarket Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

30. Steam Turbine Aftermarket Market Competitive Landscape And Company Profiles

30.1. Steam Turbine Aftermarket Market Competitive Landscape

30.2. Steam Turbine Aftermarket Market Company Profiles

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

30.2.2. Siemens Energy AG Overview, Products and Services, Strategy and Financial Analysis

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

30.2.4. NTPC Limited Overview, Products and Services, Strategy and Financial Analysis

30.2.5. Shanghai Electric Group Co. Ltd. Overview, Products and Services, Strategy and Financial Analysis

31. Steam Turbine Aftermarket Market Other Major And Innovative Companies

31.1. Doosan Enerbility Co. Ltd.

31.2. Kawasaki Heavy Industries Ltd.

31.3. Dongfang Electric Corporation Limited

31.4. Fincantieri S.p.A.

31.5. Fuji Electric Co. Ltd.

31.6. Ebara Corporation

31.7. Babcock International Group Plc

31.8. Voith GmbH & Co. KGaA

31.9. Sulzer Ltd.

31.10. Bharat Heavy Electricals Limited

31.11. Triveni Turbine Limited

31.12. SIFCO Industries Inc.

31.13. Toshiba Energy Systems & Solutions Corporation

31.14. Turtle Turbines Private Limited

31.15. Allied Power Group LLC

32. Global Steam Turbine Aftermarket Market Competitive Benchmarking And Dashboard

33. Key Mergers And Acquisitions In The Steam Turbine Aftermarket Market

34. Recent Developments In The Steam Turbine Aftermarket Market

35. Steam Turbine Aftermarket Market High Potential Countries, Segments and Strategies

35.1 Steam Turbine Aftermarket Market In 2029 - Countries Offering Most New Opportunities

35.2 Steam Turbine Aftermarket Market In 2029 - Segments Offering Most New Opportunities

35.3 Steam Turbine Aftermarket 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 Steam Turbine Aftermarket Market, Segmentation By Type Of Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 4: Global Steam Turbine Aftermarket Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 5: Global Steam Turbine Aftermarket Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 6: Global Steam Turbine Aftermarket Market, Segmentation By Service Provider, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 7: Global Steam Turbine Aftermarket Market, Segmentation By End-User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 8: Global Steam Turbine Aftermarket Market, Sub-Segmentation Of Spare Parts, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 9: Global Steam Turbine Aftermarket Market, Sub-Segmentation Of Repair, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 10: Global Steam Turbine Aftermarket Market, Sub-Segmentation Of Services, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 11: Global Steam Turbine Aftermarket Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 12: Global Steam Turbine Aftermarket Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 13: Asia-Pacific, Steam Turbine Aftermarket Market, Segmentation By Type Of Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 14: Asia-Pacific, Steam Turbine Aftermarket Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 15: Asia-Pacific, Steam Turbine Aftermarket Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 16: China, Steam Turbine Aftermarket Market, Segmentation By Type Of Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 17: China, Steam Turbine Aftermarket Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 18: China, Steam Turbine Aftermarket Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 19: India, Steam Turbine Aftermarket Market, Segmentation By Type Of Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 20: India, Steam Turbine Aftermarket Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 21: India, Steam Turbine Aftermarket Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 22: Japan, Steam Turbine Aftermarket Market, Segmentation By Type Of Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 23: Japan, Steam Turbine Aftermarket Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 24: Japan, Steam Turbine Aftermarket Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 25: Australia, Steam Turbine Aftermarket Market, Segmentation By Type Of Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 26: Australia, Steam Turbine Aftermarket Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 27: Australia, Steam Turbine Aftermarket Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 28: Indonesia, Steam Turbine Aftermarket Market, Segmentation By Type Of Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 29: Indonesia, Steam Turbine Aftermarket Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 30: Indonesia, Steam Turbine Aftermarket Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 31: South Korea, Steam Turbine Aftermarket Market, Segmentation By Type Of Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 32: South Korea, Steam Turbine Aftermarket Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 33: South Korea, Steam Turbine Aftermarket Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 34: Western Europe, Steam Turbine Aftermarket Market, Segmentation By Type Of Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 35: Western Europe, Steam Turbine Aftermarket Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 36: Western Europe, Steam Turbine Aftermarket Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 37: UK, Steam Turbine Aftermarket Market, Segmentation By Type Of Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 38: UK, Steam Turbine Aftermarket Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 39: UK, Steam Turbine Aftermarket Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 40: Germany, Steam Turbine Aftermarket Market, Segmentation By Type Of Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 41: Germany, Steam Turbine Aftermarket Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 42: Germany, Steam Turbine Aftermarket Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 43: France, Steam Turbine Aftermarket Market, Segmentation By Type Of Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 44: France, Steam Turbine Aftermarket Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 45: France, Steam Turbine Aftermarket Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 46: Italy, Steam Turbine Aftermarket Market, Segmentation By Type Of Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 47: Italy, Steam Turbine Aftermarket Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 48: Italy, Steam Turbine Aftermarket Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 49: Spain, Steam Turbine Aftermarket Market, Segmentation By Type Of Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 50: Spain, Steam Turbine Aftermarket Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 51: Spain, Steam Turbine Aftermarket Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 52: Eastern Europe, Steam Turbine Aftermarket Market, Segmentation By Type Of Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 53: Eastern Europe, Steam Turbine Aftermarket Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 54: Eastern Europe, Steam Turbine Aftermarket Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 55: Russia, Steam Turbine Aftermarket Market, Segmentation By Type Of Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 56: Russia, Steam Turbine Aftermarket Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 57: Russia, Steam Turbine Aftermarket Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 58: North America, Steam Turbine Aftermarket Market, Segmentation By Type Of Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 59: North America, Steam Turbine Aftermarket Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 60: North America, Steam Turbine Aftermarket Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 61: USA, Steam Turbine Aftermarket Market, Segmentation By Type Of Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 62: USA, Steam Turbine Aftermarket Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 63: USA, Steam Turbine Aftermarket Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 64: Canada, Steam Turbine Aftermarket Market, Segmentation By Type Of Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 65: Canada, Steam Turbine Aftermarket Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 66: Canada, Steam Turbine Aftermarket Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 67: South America, Steam Turbine Aftermarket Market, Segmentation By Type Of Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 68: South America, Steam Turbine Aftermarket Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 69: South America, Steam Turbine Aftermarket Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 70: Brazil, Steam Turbine Aftermarket Market, Segmentation By Type Of Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 71: Brazil, Steam Turbine Aftermarket Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 72: Brazil, Steam Turbine Aftermarket Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 73: Middle East, Steam Turbine Aftermarket Market, Segmentation By Type Of Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 74: Middle East, Steam Turbine Aftermarket Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 75: Middle East, Steam Turbine Aftermarket Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 76: Africa, Steam Turbine Aftermarket Market, Segmentation By Type Of Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 77: Africa, Steam Turbine Aftermarket Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 78: Africa, Steam Turbine Aftermarket Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 79: Sumitomo Heavy Industries Ltd. Financial Performance
  • Table 80: Siemens Energy AG Financial Performance
  • Table 81: Mitsubishi Heavy Industries Ltd. Financial Performance
  • Table 82: NTPC Limited Financial Performance
  • Table 83: Shanghai Electric Group Co. Ltd. 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 Steam Turbine Aftermarket Market, Segmentation By Type Of Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 4: Global Steam Turbine Aftermarket Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 5: Global Steam Turbine Aftermarket Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 6: Global Steam Turbine Aftermarket Market, Segmentation By Service Provider, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 7: Global Steam Turbine Aftermarket Market, Segmentation By End-User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 8: Global Steam Turbine Aftermarket Market, Sub-Segmentation Of Spare Parts, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 9: Global Steam Turbine Aftermarket Market, Sub-Segmentation Of Repair, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 10: Global Steam Turbine Aftermarket Market, Sub-Segmentation Of Services, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 11: Global Steam Turbine Aftermarket Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 12: Global Steam Turbine Aftermarket Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 13: Asia-Pacific, Steam Turbine Aftermarket Market, Segmentation By Type Of Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 14: Asia-Pacific, Steam Turbine Aftermarket Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 15: Asia-Pacific, Steam Turbine Aftermarket Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 16: China, Steam Turbine Aftermarket Market, Segmentation By Type Of Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 17: China, Steam Turbine Aftermarket Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 18: China, Steam Turbine Aftermarket Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 19: India, Steam Turbine Aftermarket Market, Segmentation By Type Of Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 20: India, Steam Turbine Aftermarket Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 21: India, Steam Turbine Aftermarket Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 22: Japan, Steam Turbine Aftermarket Market, Segmentation By Type Of Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 23: Japan, Steam Turbine Aftermarket Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 24: Japan, Steam Turbine Aftermarket Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 25: Australia, Steam Turbine Aftermarket Market, Segmentation By Type Of Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 26: Australia, Steam Turbine Aftermarket Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 27: Australia, Steam Turbine Aftermarket Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 28: Indonesia, Steam Turbine Aftermarket Market, Segmentation By Type Of Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 29: Indonesia, Steam Turbine Aftermarket Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 30: Indonesia, Steam Turbine Aftermarket Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 31: South Korea, Steam Turbine Aftermarket Market, Segmentation By Type Of Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 32: South Korea, Steam Turbine Aftermarket Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 33: South Korea, Steam Turbine Aftermarket Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 34: Western Europe, Steam Turbine Aftermarket Market, Segmentation By Type Of Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 35: Western Europe, Steam Turbine Aftermarket Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 36: Western Europe, Steam Turbine Aftermarket Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 37: UK, Steam Turbine Aftermarket Market, Segmentation By Type Of Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 38: UK, Steam Turbine Aftermarket Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 39: UK, Steam Turbine Aftermarket Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 40: Germany, Steam Turbine Aftermarket Market, Segmentation By Type Of Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 41: Germany, Steam Turbine Aftermarket Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 42: Germany, Steam Turbine Aftermarket Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 43: France, Steam Turbine Aftermarket Market, Segmentation By Type Of Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 44: France, Steam Turbine Aftermarket Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 45: France, Steam Turbine Aftermarket Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 46: Italy, Steam Turbine Aftermarket Market, Segmentation By Type Of Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 47: Italy, Steam Turbine Aftermarket Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 48: Italy, Steam Turbine Aftermarket Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 49: Spain, Steam Turbine Aftermarket Market, Segmentation By Type Of Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 50: Spain, Steam Turbine Aftermarket Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 51: Spain, Steam Turbine Aftermarket Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 52: Eastern Europe, Steam Turbine Aftermarket Market, Segmentation By Type Of Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 53: Eastern Europe, Steam Turbine Aftermarket Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 54: Eastern Europe, Steam Turbine Aftermarket Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 55: Russia, Steam Turbine Aftermarket Market, Segmentation By Type Of Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 56: Russia, Steam Turbine Aftermarket Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 57: Russia, Steam Turbine Aftermarket Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 58: North America, Steam Turbine Aftermarket Market, Segmentation By Type Of Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 59: North America, Steam Turbine Aftermarket Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 60: North America, Steam Turbine Aftermarket Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 61: USA, Steam Turbine Aftermarket Market, Segmentation By Type Of Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 62: USA, Steam Turbine Aftermarket Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 63: USA, Steam Turbine Aftermarket Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 64: Canada, Steam Turbine Aftermarket Market, Segmentation By Type Of Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 65: Canada, Steam Turbine Aftermarket Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 66: Canada, Steam Turbine Aftermarket Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 67: South America, Steam Turbine Aftermarket Market, Segmentation By Type Of Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 68: South America, Steam Turbine Aftermarket Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 69: South America, Steam Turbine Aftermarket Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 70: Brazil, Steam Turbine Aftermarket Market, Segmentation By Type Of Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 71: Brazil, Steam Turbine Aftermarket Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 72: Brazil, Steam Turbine Aftermarket Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 73: Middle East, Steam Turbine Aftermarket Market, Segmentation By Type Of Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 74: Middle East, Steam Turbine Aftermarket Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 75: Middle East, Steam Turbine Aftermarket Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 76: Africa, Steam Turbine Aftermarket Market, Segmentation By Type Of Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 77: Africa, Steam Turbine Aftermarket Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 78: Africa, Steam Turbine Aftermarket Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 79: Sumitomo Heavy Industries Ltd. Financial Performance
  • Figure 80: Siemens Energy AG Financial Performance
  • Figure 81: Mitsubishi Heavy Industries Ltd. Financial Performance
  • Figure 82: NTPC Limited Financial Performance
  • Figure 83: Shanghai Electric Group Co. Ltd. Financial Performance

Frequently Asked Questions

Steam turbine aftermarket refers to the range of services, parts, and solutions provided for steam turbines after their initial installation and commissioning. It includes maintenance, repair, refurbishment, upgrades, and replacement of components to ensure optimal performance, efficiency, and reliability throughout the turbine’s operational life. The aftermarket helps extend the lifespan of steam turbines, reduce unplanned downtime, and support operational continuity in power generation and industrial applications. For further insights on this market, request a sample here

The market major growth driver - Rising Electricity Demand Fueling The Growth Of The Market Due To Increasing Need For Efficient And Reliable Power Generation. For further insights on this market, request a sample here

The steam turbine aftermarket market size has grown strongly in recent years. It will grow from $4.02 billion in 2024 to $4.28 billion in 2025 at a compound annual growth rate (CAGR) of 6.6%. The growth in the historic period can be attributed to increasing adoption of renewable energy integration, rising demand for power generation capacity, a rise in industrialization and urbanization, increasing refurbishment of aging power infrastructure, and a rising focus on operational efficiency in turbines. The steam turbine aftermarket market size is expected to see strong growth in the next few years. It will grow to $5.45 billion in 2029 at a compound annual growth rate (CAGR) of 6.2%. The growth in the forecast period can be attributed to increasing replacement of old turbines with efficient models, rising investments in combined cycle power plants, increasing demand for flexible power generation, rising need for reduced carbon emissions, and increasing adoption of predictive maintenance technologies. Major trends in the forecast period include advancement in digital twin technology for turbine monitoring, advanced materials for improved turbine performance, development of aftermarket service packages, innovation in rotor blade design for efficiency, and advancement in remote condition monitoring systems. For further insights on this market, request a sample here

The steam turbine aftermarket market covered in this report is segmented
1) By Type of Service: Spare Parts, Repair, Services
2) By Technology: Combined Cycle, Fossil, Nuclear, Thermal Renewable
3) By Capacity: Less Than 50 MW, 50 MW To 100 MW, 100 MW To 300 MW, 300 MW To 600 MW, 600 MW And Above
4) By Service Provider: Original Equipment Manufacturers (OEMs), Independent Service Providers (ISPs)
5) By End-User: Power Generation, Oil And Gas, General Industries Subsegments:
1) By Spare Parts: Replacement Blades, Bearings, Seals, Casings, Control Systems
2) By Repair: Turbine Overhaul, Rotor Alignment, Blade Repair, Bearing Replacement, Seal Repair
3) By Services: Performance Monitoring, Predictive Maintenance, Installation Services, Commissioning Services, Technical Consulting For further insights on this market,
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Asia-Pacific was the largest region in the steam turbine aftermarket market in 2024. North America is expected to be the fastest-growing region in the forecast period. The regions covered in steam turbine aftermarket report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. For further insights on this market, request a sample here.

Major companies operating in the steam turbine aftermarket market are Sumitomo Heavy Industries Ltd., Siemens Energy AG, Mitsubishi Heavy Industries Ltd., NTPC Limited, Shanghai Electric Group Co. Ltd., Doosan Enerbility Co. Ltd., Kawasaki Heavy Industries Ltd., Dongfang Electric Corporation Limited, Fincantieri S.p.A., Fuji Electric Co. Ltd., Ebara Corporation, Babcock International Group Plc, Voith GmbH & Co. KGaA, Sulzer Ltd., Bharat Heavy Electricals Limited, Triveni Turbine Limited, SIFCO Industries Inc., Toshiba Energy Systems & Solutions Corporation, Turtle Turbines Private Limited, and Allied Power Group LLC.. For further insights on this market, request a sample here.

Major trends in this market include . For further insights on this market, request a sample here.

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