Steam Turbine Market Size, Share and Research Report 2024-2032

October 14, 2024 ⚊ 1 Min read ⚊ Views 12 ⚊ TECH

The global steam turbine market size reached USD 25.8 Billion in 2023 and is projected to reach USD 35.6 Billion by 2032, exhibiting a growth rate (CAGR) of 3.5% during 2024-2032. The steam turbine market is set for steady growth, driven by rising energy demands, industrial expansion, and technological advancements. As the global energy landscape evolves, steam turbines will continue to play a vital role in electricity generation, particularly in regions focused on enhancing their power infrastructure.

Read details: https://www.imarcgroup.com/steam-turbine-market

Tags: Steam Turbine Market

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