Steam Turbine-Driven Generator Market Growth Analysis, Market Dynamics, Key Players and Innovations,

On : 02 july 2025

• Global steam turbine-driven generator market size was valued at USD 11.15 billion in 2024. The market is projected to grow from USD 11.75 billion in 2025 to USD 16.15 billion by 2032, exhibiting a CAGR of 5.1% during the forecast period.

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Studies

• Steam turbine-driven generators are critical power generation systems that convert thermal energy from steam into mechanical energy via turbines, which then drives electrical generators to produce electricity. These systems form the backbone of conventional thermal power plants, nuclear facilities, and are increasingly being integrated into renewable energy applications like geothermal and biomass plants.

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By Type

•Flow Rates Below 20 GPM

•Subtypes: Point-of-use systems, under-sink units

•Flow Rates 20-100 GPM

•Subtypes: Modular UV systems, multi-lamp configurations

•Flow Rates Above 100 GPM

•GE Power (U.S.)

•Siemens Energy (Germany)

•Mitsubishi Power (Japan)

•Harbin Electric Company Limited (China)

•Toshiba America Energy Systems (Japan/U.S.)

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