Global turbo generator market is expected to grow at a significant rate in the forecast period. The growing energy requirements owing to the rise in the population which in turn is fueling the number of power plants to fulfill the energy demand is expected to influence the market growth. Turbo generators can be connected directly with the electric motor and thereby lowers the associated operational costs is a crucial factor accelerating the growth of the turbo generator market. The rise in the demand for natural gas around the globe and the growing use of natural gas in the automotive industry is expected to influence the market growth. The increase in the demand for the continuous and stable power supply from various industries for continuous production and processing operations is expected to boost the turbo generator market growth. The rapid urbanization of people in search of better job opportunities and quality living standards is increasing the energy requirements in cities which in turn is contributing significantly to the turbogenerator market growth. Supportive government policies promoting the electrification of the rural and urban areas in the developing countries and the high-end investments for the development of power plant infrastructure are accelerating the growth of the turbo generator market.

Global turbo generator market can be segmented into type, end user, cooling type, regional distribution, and company. Based on the regional analysis, Asia-pacific is expected to witness the fastest incremental growth in the forecast period, 2022-2026. Improvement in the economic conditions and the rapid industrialization in the region is contributing to the market growth. China consumes a major share of the energy generated around the globe and is generating the demand for more energy generation. Leading authorities are setting up coal-based plants and hydropower plants which in turn is influencing the market growth.

The major players operating in the global turbo generator market are Alstom S.A., Andritz AG, Ansaldo Energia S.p.A., Ebara Corporation, General Electric Company, Mitsubishi Heavy Industries, Ltd., Siemens AG, Suzlon Energy Ltd., Toshiba Corporation, Dongfang Electric Corporation, among others. Major companies are developing advanced technologies and launching new services to stay competitive in the market. Other competitive strategies include mergers & acquisitions and new service developments.

Years considered for this report:

Historical Years: 2016-2019

Base Year: 2020

Estimated Year: 2021

Forecast Period: 2022–2026

Objective of the Study:

  • To analyze the historical growth of the market size of global turbo generator market from 2016 to 2019.
  • To estimate and forecast the market size of global turbo generator market from 2020 to 2026 and growth rate until 2026.
  • To classify and forecast global turbo generator market based on type, end user, cooling type, regional distribution, and company.
  • To identify dominant region or segment in the global turbo generator.
  • To identify drivers and challenges for global turbo generator market.
  • To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in global turbo generator market.
  • To identify and analyze the profile of leading players operating in global turbo generator market.
  • To identify key sustainable strategies adopted by market players in global turbo generator market.


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TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of manufacturers across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the manufacturers who could not be identified due to the limitations of secondary research. TechSci Research analyzed the manufacturers, distribution channels and presence of all major players across the globe.

TechSci Research calculated the market size of global turbo generator market using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.

Key Target Audience:

  • Turbo Generator manufacturing companies
  • Market research and consulting firms
  • Government bodies such as regulating authorities and policy makers
  • Organizations, forums, and alliances related to turbo generator market

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers, suppliers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.

Report Scope:

In this report, global turbo generator market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

·         Global Turbo Generator Market, By Type:

    • Gas Turbine Generator
    • Steam Turbine Generator
    • Water Turbine Generator
  • Global Turbo Generator Market, By End User:
    • Coal-fired Power Plant
    • Gas-fired Power Plant
    • Nuclear Power Plant
    • Others
  • Global Turbo Generator Market, By Cooling Type:
    • Air Cooled
    • Hydrogen Cooled
    • Water-hydrogen Cooled
  • Global Turbo Generator Market, By Region:
    • North America
      • United States
      • Canada
      • Mexico
    • Asia-Pacific
      • China
      • India
      • Japan
      • South Korea
      • Australia
    • Europe
      • Germany
      • United Kingdom
      • France
      • Italy
      • Spain
    • South America

§  Brazil

§  Argentina

§  Colombia

o   Middle East & Africa

      • Saudi Arabia
      • South Africa
      • UAE
      • Iraq

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in global turbo generator market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).
Global turbo generator market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at sales@techsciresearch.com

1.     Product Overview

2.    Research Methodology

3.    Impact of COVID-19 on Global Turbo Generator Market

4.    Executive Summary

5.    Voice of Customers

6.    Global Turbo Generator Market Outlook

6.1.  Market Size & Forecast

6.1.1.     By Value

6.2.  Market Share & Forecast

6.2.1.     By Type (Gas Turbine Generator, Steam Turbine Generator, and Water Turbine Generator)

6.2.2.     By End User (Coal-fired Power Plant, Gas-fired Power Plant, Nuclear Power Plant, and Others)

6.2.3.     By Cooling Type (Air Cooled, Hydrogen Cooled, and Water-hydrogen Cooled)

6.2.4.     By Region

6.2.5.     By Company

6.3.  Product Market Map

7.    North America Turbo Generator Market Outlook

7.1.  Market Size & Forecast

7.1.1.     By Value 

7.2.  Market Share & Forecast

7.2.1.     By Type

7.2.2.     By End User

7.2.3.     By Cooling Type

7.2.4.     By Country

7.3.  North America: Country Analysis

7.3.1.     United States Turbo Generator Market Outlook

7.3.1.1.         Market Size & Forecast

7.3.1.1.1.             By Value 

7.3.1.2.         Market Share & Forecast

7.3.1.2.1.             By Type

7.3.1.2.2.             By End User

7.3.1.2.3.             By Cooling Type

7.3.2.     Canada Turbo Generator Market Outlook

7.3.2.1.         Market Size & Forecast

7.3.2.1.1.             By Value 

7.3.2.2.         Market Share & Forecast

7.3.2.2.1.             By Type

7.3.2.2.2.             By End User

7.3.2.2.3.             By Cooling Type

7.3.3.     Mexico Turbo Generator Market Outlook

7.3.3.1.         Market Size & Forecast

7.3.3.1.1.             By Value 

7.3.3.2.         Market Share & Forecast

7.3.3.2.1.             By Type

7.3.3.2.2.             By End User

7.3.3.2.3.             By Cooling Type

8.    Asia-Pacific Turbo Generator Market Outlook

8.1.  Market Size & Forecast

8.1.1.     By Value 

8.2.  Market Share & Forecast

8.2.1.     By Type

8.2.2.     By End User

8.2.3.     By Cooling Type

8.2.4.     By Country

8.3.  Asia-Pacific: Country Analysis

8.3.1.     China Turbo Generator Market Outlook

8.3.1.1.         Market Size & Forecast

8.3.1.1.1.             By Value 

8.3.1.2.         Market Share & Forecast

8.3.1.2.1.             By Type

8.3.1.2.2.             By End User

8.3.1.2.3.             By Cooling Type

8.3.2.     India Turbo Generator Market Outlook

8.3.2.1.         Market Size & Forecast

8.3.2.1.1.             By Value 

8.3.2.2.         Market Share & Forecast

8.3.2.2.1.             By Type

8.3.2.2.2.             By End User

8.3.2.2.3.             By Cooling Type

8.3.3.     Japan Turbo Generator Market Outlook

8.3.3.1.         Market Size & Forecast

8.3.3.1.1.             By Value 

8.3.3.2.         Market Share & Forecast

8.3.3.2.1.             By Type

8.3.3.2.2.             By End User

8.3.3.2.3.             By Cooling Type

8.3.4.     South Korea Turbo Generator Market Outlook

8.3.4.1.         Market Size & Forecast

8.3.4.1.1.             By Value 

8.3.4.2.         Market Share & Forecast

8.3.4.2.1.             By Type

8.3.4.2.2.             By End User

8.3.4.2.3.             By Cooling Type

8.3.5.     Australia Turbo Generator Market Outlook

8.3.5.1.         Market Size & Forecast

8.3.5.1.1.             By Value 

8.3.5.2.         Market Share & Forecast

8.3.5.2.1.             By Type

8.3.5.2.2.             By End User

8.3.5.2.3.             By Cooling Type

9.    Europe Turbo Generator Market Outlook

9.1.  Market Size & Forecast

9.1.1.     By Value 

9.2.  Market Share & Forecast

9.2.1.     By Type

9.2.2.     By End User

9.2.3.     By Cooling Type

9.2.4.     By Country

9.3.  Europe: Country Analysis

9.3.1.     Germany Turbo Generator Market Outlook

9.3.1.1.         Market Size & Forecast

9.3.1.1.1.             By Value 

9.3.1.2.         Market Share & Forecast

9.3.1.2.1.             By Type

9.3.1.2.2.             By End User

9.3.1.2.3.             By Cooling Type

9.3.2.     United Kingdom Turbo Generator Market Outlook

9.3.2.1.         Market Size & Forecast

9.3.2.1.1.             By Value 

9.3.2.2.         Market Share & Forecast

9.3.2.2.1.             By Type

9.3.2.2.2.             By End User

9.3.2.2.3.             By Cooling Type

9.3.3.     France Turbo Generator Market Outlook

9.3.3.1.         Market Size & Forecast

9.3.3.1.1.             By Value 

9.3.3.2.         Market Share & Forecast

9.3.3.2.1.             By Type

9.3.3.2.2.             By End User

9.3.3.2.3.             By Cooling Type

9.3.4.     Italy Turbo Generator Market Outlook

9.3.4.1.         Market Size & Forecast

9.3.4.1.1.             By Value 

9.3.4.2.         Market Share & Forecast

9.3.4.2.1.             By Type

9.3.4.2.2.             By End User

9.3.4.2.3.             By Cooling Type

9.3.5.     Spain Turbo Generator Market Outlook

9.3.5.1.         Market Size & Forecast

9.3.5.1.1.             By Value 

9.3.5.2.         Market Share & Forecast

9.3.5.2.1.             By Type

9.3.5.2.2.             By End User

9.3.5.2.3.             By Cooling Type

10.  South America Turbo Generator Market Outlook

10.1.              Market Size & Forecast

10.1.1.  By Value 

10.2.              Market Share & Forecast

10.2.1.  By Type

10.2.2.  By End User

10.2.3.  By Cooling Type

10.2.4.  By Country

10.3.              South America: Country Analysis

10.3.1.  Brazil Turbo Generator Market Outlook

10.3.1.1.      Market Size & Forecast

10.3.1.1.1.           By Value 

10.3.1.2.      Market Share & Forecast

10.3.1.2.1.           By Type

10.3.1.2.2.           By End User

10.3.1.2.3.           By Cooling Type

10.3.2.  Argentina Turbo Generator Market Outlook

10.3.2.1.      Market Size & Forecast

10.3.2.1.1.           By Value 

10.3.2.2.      Market Share & Forecast

10.3.2.2.1.           By Type

10.3.2.2.2.           By End User

10.3.2.2.3.           By Cooling Type

10.3.3.  Colombia Turbo Generator Market Outlook

10.3.3.1.      Market Size & Forecast

10.3.3.1.1.           By Value 

10.3.3.2.      Market Share & Forecast

10.3.3.2.1.           By Type

10.3.3.2.2.           By End User

10.3.3.2.3.           By Cooling Type

11.  Middle East & Africa Turbo Generator Market Outlook

11.1.              Market Size & Forecast

11.1.1.  By Value 

11.2.              Market Share & Forecast

11.2.1.  By Type

11.2.2.  By End User

11.2.3.  By Cooling Type

11.2.4.  By Country

11.3.              South America: Country Analysis

11.3.1.  Saudi Arabia Turbo Generator Market Outlook

11.3.1.1.      Market Size & Forecast

11.3.1.1.1.           By Value 

11.3.1.2.      Market Share & Forecast

11.3.1.2.1.           By Type

11.3.1.2.2.           By End User

11.3.1.2.3.           By Cooling Type

11.3.2.  South Africa Turbo Generator Market Outlook

11.3.2.1.      Market Size & Forecast

11.3.2.1.1.           By Value 

11.3.2.2.      Market Share & Forecast

11.3.2.2.1.           By Type

11.3.2.2.2.           By End User

11.3.2.2.3.           By Cooling Type

11.3.3.  UAE Turbo Generator Market Outlook

11.3.3.1.      Market Size & Forecast

11.3.3.1.1.           By Value 

11.3.3.2.      Market Share & Forecast

11.3.3.2.1.           By Type

11.3.3.2.2.           By End User

11.3.3.2.3.           By Cooling Type

11.3.4.  Iraq Turbo Generator Market Outlook

11.3.4.1.      Market Size & Forecast

11.3.4.1.1.           By Value 

11.3.4.2.      Market Share & Forecast

11.3.4.2.1.           By Type

11.3.4.2.2.           By End User

11.3.4.2.3.           By Cooling Type

12.  Market Dynamics

12.1.              Drivers

12.2.              Challenges

13.  Market Trends & Developments

14.  Competitive Landscape

14.1.              Competition Outlook

14.2.              Company Profiles

14.2.1.  Alstom S.A.

14.2.2.  Andritz AG

14.2.3.  Ansaldo Energia S.p.A.

14.2.4.  Ebara Corporation

14.2.5.  General Electric Company

14.2.6.  Mitsubishi Heavy Industries, Ltd.

14.2.7.  Siemens AG

14.2.8.  Suzlon Energy Ltd.

14.2.9.  Toshiba Corporation

14.2.10.                Dongfang Electric Corporation

15.  Strategic Recommendations

16.  About Us & Disclaimer