U.S. Steam Turbine Market Size, Share, and Trends 2026 to 2035

U.S. Steam Turbine Market (By Design: Reaction and Impulse; By Exhaust: Condensing and Non-condensing; By Fuel: Fossil Fuel, Biomass, and Geothermal; By End Use: Industrial and Utility; By Technology: Steam Cycle, Combined Cycle, and Cogeneration) Industry Size, Share, Growth, Trends 2025-2035

Last Updated : 12 Aug 2026  |  Report Code : 8661  |  Category : Machinery and Equipment   |  Format : PDF / PPT / Excel

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Studya

1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis 

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on U.S. Steam Turbine Market

5.1. COVID-19 Landscape: Steam Turbine Industry Impact

5.2. COVID 19 - Impact Assessment for the Industry

5.3. COVID 19 Impact: Global Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

Chapter 8. U.S. Steam Turbine Market, By Design Type

8.1. U.S. Steam Turbine Market, by Design Type

8.1.1. Reaction

8.1.1.1. Market Revenue and Forecast

8.1.2. Impulse

8.1.2.1. Market Revenue and Forecast

Chapter 9. U.S. Steam Turbine Market, By Exhaust Type

9.1. U.S. Steam Turbine Market, by Exhaust Type

9.1.1. Condensing

9.1.1.1. Market Revenue and Forecast

9.1.2. Non-condensing

9.1.2.1. Market Revenue and Forecast

Chapter 10. U.S. Steam Turbine Market, By Technology Type 

10.1. U.S. Steam Turbine Market, by Technology Type

10.1.1. Steam Cycle

10.1.1.1. Market Revenue and Forecast

10.1.2. Combined Cycle

10.1.2.1. Market Revenue and Forecast

10.1.3. Cogeneration

10.1.3.1. Market Revenue and Forecast

Chapter 11. U.S. Steam Turbine Market, By Fuel Type

11.1. U.S. Steam Turbine Market, by Fuel Type

11.1.1. Fossil Fuel

11.1.1.1. Market Revenue and Forecast

11.1.2. Biomass

11.1.2.1. Market Revenue and Forecast

11.1.3. Geothermal

11.1.3.1. Market Revenue and Forecast

Chapter 12. U.S. Steam Turbine Market, By End Use Type

12.1. U.S. Steam Turbine Market, by End Use

12.1.1. Industrial

12.1.1.1. Market Revenue and Forecast

12.1.2. Utility

12.1.2.1. Market Revenue and Forecast

Chapter 13. U.S. Steam Turbine Market, Regional Estimates and Trend Forecast

13.1.6. U.S.

13.1.6.1. Market Revenue and Forecast, by Design

13.1.6.2. Market Revenue and Forecast, by Exhaust

13.1.6.3. Market Revenue and Forecast, by Technology

13.1.6.4. Market Revenue and Forecast, by Fuel

13.1.7. Market Revenue and Forecast, by End Use 

Chapter 14. Company Profiles

14.1. Toshiba Corporation

14.1.1. Company Overview

14.1.2. Product Offerings

14.1.3. Financial Performance

14.1.4. Recent Initiatives

14.2. Fuji Electric Co. Ltd

14.2.1. Company Overview

14.2.2. Product Offerings

14.2.3. Financial Performance

14.2.4. Recent Initiatives

14.3. Istom SA

14.3.1. Company Overview

14.3.2. Product Offerings

14.3.3. Financial Performance

14.3.4. Recent Initiatives

14.4. Mitsubishi Hitachi Power Systems

14.4.1. Company Overview

14.4.2. Product Offerings

14.4.3. Financial Performance

14.4.4. Recent Initiatives

14.5. Siemens AG

14.5.1. Company Overview

14.5.2. Product Offerings

14.5.3. Financial Performance

14.5.4. Recent Initiatives

14.6. Man Diesel & Turbo SE

14.6.1. Company Overview

14.6.2. Product Offerings

14.6.3. Financial Performance

14.6.4. Recent Initiatives

14.7. Bharat Heavy Electricals Ltd.

14.7.1. Company Overview

14.7.2. Product Offerings

14.7.3. Financial Performance

14.7.4. Recent Initiatives

14.8. Doosan Skoda Power

14.8.1. Company Overview

14.8.2. Product Offerings

14.8.3. Financial Performance

14.8.4. Recent Initiatives

14.9. Kawasaki Heavy Industries

14.9.1. Company Overview

14.9.2. Product Offerings

14.9.3. Financial Performance

14.9.4. Recent Initiatives

14.10. Ansaldo Energia

14.10.1. Company Overview

14.10.2. Product Offerings

14.10.3. Financial Performance

14.10.4. Recent Initiatives

Chapter 15. Research Methodology

15.1. Primary Research

15.2. Secondary Research

15.3. Assumptions

Chapter 16. Appendix

16.1. About Us

16.2. Glossary of Terms

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Frequently Asked Questions

Answer : The U.S. steam turbine market size is expected to increase from USD 3.72 million in 2025 to USD 4.62 million by 2035.

Answer : The U.S. steam turbine market is expected to grow at a compound annual growth rate (CAGR) of around 2.20% from 2026 to 2035.

Answer : The major players in the U.S. steam turbine market include Toshiba Corporation, Fuji Electric Co. Ltd, Istom SA, Mitsubishi Hitachi Power Systems, Siemens AG, Man Diesel & Turbo SE, Bharat Heavy Electricals Ltd., Doosan Skoda Power, Kawasaki Heavy Industries, Ansaldo Energia.

Answer : The driving factors of the U.S. steam turbine market are the an rise of combined-cycle gas turbine (CCGT) power plants, the upgrade of old thermal infrastructure, and strict energy efficiency requirements in industrial manufacturing and petrochemical industries.

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