세계의 증기 터빈 서비스 시장 : 산업 규모, 점유율, 동향, 기회, 예측, 용량별, 설계별, 서비스별, 최종 사용자별, 지역별, 경쟁별(2020-2030년)

The Steam Turbine Service Market was valued at USD 25.78 Billion in 2024 and is projected to reach USD 38.78 Billion by 2030, growing at a CAGR of 6.88%. This market involves a wide range of services including maintenance, repair, overhaul (MRO), and performance optimization of steam turbines used in power generation, industrial manufacturing, oil and gas, and chemical processing. As vital components in thermal power plants and heavy industries, steam turbines require regular servicing to ensure continued operational reliability and efficiency. The market includes diagnostic assessments, component replacements, performance upgrades, and long-term service agreements. Growing global energy demands, the need for grid stability, and stricter environmental standards are intensifying the demand for advanced servicing solutions. While developed regions focus on extending the lifecycle of aging infrastructure, emerging economies are seeing growth in turbine commissioning and operational support. This dual demand is driving a steady rise in service requirements globally.

Key Market Drivers

Aging Power Infrastructure and Demand for Lifecycle Extension Services

The need to extend the operational lifespan of aging power infrastructure is a major driver of the steam turbine service market. In developed regions such as North America and Europe, many thermal power plants have exceeded their original design lifespans. Rather than investing in costly replacements, operators are opting for refurbishment and upgrade services to maintain efficiency and meet regulatory requirements. Lifecycle extension through services like blade replacement, rotor balancing, and bearing inspection offers a cost-effective solution to continue operations while improving performance and environmental compliance. This approach aligns with broader energy efficiency and sustainability goals and is further encouraged by policy frameworks focused on carbon reduction.

Key Market Challenges

Aging Infrastructure and High Retrofit Costs

The steam turbine service market faces significant challenges due to the high costs associated with retrofitting aging infrastructure. Many existing steam turbines are outdated, and upgrading them to meet current efficiency and regulatory standards is both technically demanding and capital-intensive. Procuring legacy components and achieving compatibility with newer systems often requires extensive customization and specialized expertise. These challenges can deter investment, particularly among operators with limited budgets or uncertain return expectations, and may hinder widespread modernization efforts despite the benefits of enhanced turbine performance and reliability.

Key Market Trends

Increasing Demand for Lifecycle Extension and Efficiency Optimization

A growing trend in the steam turbine service market is the shift towards predictive maintenance and efficiency optimization. Operators are leveraging digital tools such as IoT sensors, AI-driven analytics, and remote diagnostics to improve performance monitoring and anticipate maintenance needs. These technologies allow for timely interventions that extend turbine life and reduce operational disruptions. As power producers aim to maximize output from existing infrastructure while integrating more renewables into their portfolios, enhanced MRO services are becoming central to operations. The focus on reducing fuel consumption, improving reliability, and meeting stricter emission standards is driving investments in high-tech servicing and turbine upgrades.

Key Market Players

• Ansaldo Energia S.p.A
• Bharat Heavy Electricals Limited
• Doosan Skoda Power
• Fuji Electric Co., Ltd.
• General Electric Company
• Kawasaki Heavy Industries, Ltd.
• MAN Energy Solutions SE
• Mitsubishi Power, Ltd.
• Siemens Energy AG
• Toshiba Corporation

Report Scope:

In this report, the Global Steam Turbine Service Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

Steam Turbine Service Market, By Capacity:

• <= 3 MW
• > 3 MW - 100 MW
• > 100 MW

Steam Turbine Service Market, By Design:

• Reaction
• Impulse

Steam Turbine Service Market, By Service:

• Maintenance
• Repair
• Overhaul
• Others

Steam Turbine Service Market, By End-User:

• Industrial
• Utility

Steam Turbine Service Market, By Region:

• North America
  • United States
  • Canada
  • Mexico
• Europe
  • France
  • United Kingdom
  • Italy
  • Germany
  • Spain
• Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • South Korea
• South America
  • Brazil
  • Argentina
  • Colombia
• Middle East & Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Kuwait
  • Turkey

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Global Steam Turbine Service Market.

Available Customizations:

Global Steam Turbine Service Market report 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).

Table of Contents

1. Product Overview

• 1.1. Market Definition
• 1.2. Scope of the Market
  • 1.2.1. Markets Covered
  • 1.2.2. Years Considered for Study
• 1.3. Key Market Segmentations

2. Research Methodology

• 2.1. Objective of the Study
• 2.2. Baseline Methodology
• 2.3. Formulation of the Scope
• 2.4. Assumptions and Limitations
• 2.5. Sources of Research
  • 2.5.1. Secondary Research
  • 2.5.2. Primary Research
• 2.6. Approach for the Market Study
  • 2.6.1. The Bottom-Up Approach
  • 2.6.2. The Top-Down Approach
• 2.7. Methodology Followed for Calculation of Market Size & Market Shares
• 2.8. Forecasting Methodology
  • 2.8.1. Data Triangulation & Validation

3. Executive Summary

• 3.1. Overview of the Market
• 3.2. Overview of Key Market Segmentations
• 3.3. Overview of Key Market Players
• 3.4. Overview of Key Regions/Countries
• 3.5. Overview of Market Drivers, Challenges, and Trends

4. Voice of Customer

5. Global Steam Turbine Service Market Outlook

• 5.1. Market Size & Forecast
  • 5.1.1. By Value
• 5.2. Market Share & Forecast
  • 5.2.1. By Capacity (<= 3 MW, > 3 MW - 100 MW, > 100 MW)
  • 5.2.2. By Design (Reaction, Impulse)
  • 5.2.3. By Service (Maintenance, Repair, Overhaul, Others)
  • 5.2.4. By End-User (Industrial, Utility)
  • 5.2.5. By Region
• 5.3. By Company (2024)
• 5.4. Market Map

6. North America Steam Turbine Service Market Outlook

• 6.1. Market Size & Forecast
  • 6.1.1. By Value
• 6.2. Market Share & Forecast
  • 6.2.1. By Capacity
  • 6.2.2. By Design
  • 6.2.3. By Service
  • 6.2.4. By End-User
  • 6.2.5. By Country
• 6.3. North America: Country Analysis
  • 6.3.1. United States Steam Turbine Service Market Outlook
    • 6.3.1.1. Market Size & Forecast
      • 6.3.1.1.1. By Value
    • 6.3.1.2. Market Share & Forecast
      • 6.3.1.2.1. By Capacity
      • 6.3.1.2.2. By Design
      • 6.3.1.2.3. By Service
      • 6.3.1.2.4. By End-User
  • 6.3.2. Canada Steam Turbine Service Market Outlook
    • 6.3.2.1. Market Size & Forecast
      • 6.3.2.1.1. By Value
    • 6.3.2.2. Market Share & Forecast
      • 6.3.2.2.1. By Capacity
      • 6.3.2.2.2. By Design
      • 6.3.2.2.3. By Service
      • 6.3.2.2.4. By End-User
  • 6.3.3. Mexico Steam Turbine Service Market Outlook
    • 6.3.3.1. Market Size & Forecast
      • 6.3.3.1.1. By Value
    • 6.3.3.2. Market Share & Forecast
      • 6.3.3.2.1. By Capacity
      • 6.3.3.2.2. By Design
      • 6.3.3.2.3. By Service
      • 6.3.3.2.4. By End-User

7. Europe Steam Turbine Service Market Outlook

• 7.1. Market Size & Forecast
  • 7.1.1. By Value
• 7.2. Market Share & Forecast
  • 7.2.1. By Capacity
  • 7.2.2. By Design
  • 7.2.3. By Service
  • 7.2.4. By End-User
  • 7.2.5. By Country
• 7.3. Europe: Country Analysis
  • 7.3.1. Germany Steam Turbine Service 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 Capacity
      • 7.3.1.2.2. By Design
      • 7.3.1.2.3. By Service
      • 7.3.1.2.4. By End-User
  • 7.3.2. United Kingdom Steam Turbine Service 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 Capacity
      • 7.3.2.2.2. By Design
      • 7.3.2.2.3. By Service
      • 7.3.2.2.4. By End-User
  • 7.3.3. Italy Steam Turbine Service 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 Capacity
      • 7.3.3.2.2. By Design
      • 7.3.3.2.3. By Service
      • 7.3.3.2.4. By End-User
  • 7.3.4. France Steam Turbine Service Market Outlook
    • 7.3.4.1. Market Size & Forecast
      • 7.3.4.1.1. By Value
    • 7.3.4.2. Market Share & Forecast
      • 7.3.4.2.1. By Capacity
      • 7.3.4.2.2. By Design
      • 7.3.4.2.3. By Service
      • 7.3.4.2.4. By End-User
  • 7.3.5. Spain Steam Turbine Service Market Outlook
    • 7.3.5.1. Market Size & Forecast
      • 7.3.5.1.1. By Value
    • 7.3.5.2. Market Share & Forecast
      • 7.3.5.2.1. By Capacity
      • 7.3.5.2.2. By Design
      • 7.3.5.2.3. By Service
      • 7.3.5.2.4. By End-User

8. Asia-Pacific Steam Turbine Service Market Outlook

• 8.1. Market Size & Forecast
  • 8.1.1. By Value
• 8.2. Market Share & Forecast
  • 8.2.1. By Capacity
  • 8.2.2. By Design
  • 8.2.3. By Service
  • 8.2.4. By End-User
  • 8.2.5. By Country
• 8.3. Asia-Pacific: Country Analysis
  • 8.3.1. China Steam Turbine Service 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 Capacity
      • 8.3.1.2.2. By Design
      • 8.3.1.2.3. By Service
      • 8.3.1.2.4. By End-User
  • 8.3.2. India Steam Turbine Service 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 Capacity
      • 8.3.2.2.2. By Design
      • 8.3.2.2.3. By Service
      • 8.3.2.2.4. By End-User
  • 8.3.3. Japan Steam Turbine Service 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 Capacity
      • 8.3.3.2.2. By Design
      • 8.3.3.2.3. By Service
      • 8.3.3.2.4. By End-User
  • 8.3.4. South Korea Steam Turbine Service 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 Capacity
      • 8.3.4.2.2. By Design
      • 8.3.4.2.3. By Service
      • 8.3.4.2.4. By End-User
  • 8.3.5. Australia Steam Turbine Service 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 Capacity
      • 8.3.5.2.2. By Design
      • 8.3.5.2.3. By Service
      • 8.3.5.2.4. By End-User

9. South America Steam Turbine Service Market Outlook

• 9.1. Market Size & Forecast
  • 9.1.1. By Value
• 9.2. Market Share & Forecast
  • 9.2.1. By Capacity
  • 9.2.2. By Design
  • 9.2.3. By Service
  • 9.2.4. By End-User
  • 9.2.5. By Country
• 9.3. South America: Country Analysis
  • 9.3.1. Brazil Steam Turbine Service 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 Capacity
      • 9.3.1.2.2. By Design
      • 9.3.1.2.3. By Service
      • 9.3.1.2.4. By End-User
  • 9.3.2. Argentina Steam Turbine Service 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 Capacity
      • 9.3.2.2.2. By Design
      • 9.3.2.2.3. By Service
      • 9.3.2.2.4. By End-User
  • 9.3.3. Colombia Steam Turbine Service 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 Capacity
      • 9.3.3.2.2. By Design
      • 9.3.3.2.3. By Service
      • 9.3.3.2.4. By End-User

10. Middle East and Africa Steam Turbine Service Market Outlook

• 10.1. Market Size & Forecast
  • 10.1.1. By Value
• 10.2. Market Share & Forecast
  • 10.2.1. By Capacity
  • 10.2.2. By Design
  • 10.2.3. By Service
  • 10.2.4. By End-User
  • 10.2.5. By Country
• 10.3. Middle East and Africa: Country Analysis
  • 10.3.1. South Africa Steam Turbine Service 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 Capacity
      • 10.3.1.2.2. By Design
      • 10.3.1.2.3. By Service
      • 10.3.1.2.4. By End-User
  • 10.3.2. Saudi Arabia Steam Turbine Service 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 Capacity
      • 10.3.2.2.2. By Design
      • 10.3.2.2.3. By Service
      • 10.3.2.2.4. By End-User
  • 10.3.3. UAE Steam Turbine Service 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 Capacity
      • 10.3.3.2.2. By Design
      • 10.3.3.2.3. By Service
      • 10.3.3.2.4. By End-User
  • 10.3.4. Kuwait Steam Turbine Service Market Outlook
    • 10.3.4.1. Market Size & Forecast
      • 10.3.4.1.1. By Value
    • 10.3.4.2. Market Share & Forecast
      • 10.3.4.2.1. By Capacity
      • 10.3.4.2.2. By Design
      • 10.3.4.2.3. By Service
      • 10.3.4.2.4. By End-User
  • 10.3.5. Turkey Steam Turbine Service Market Outlook
    • 10.3.5.1. Market Size & Forecast
      • 10.3.5.1.1. By Value
    • 10.3.5.2. Market Share & Forecast
      • 10.3.5.2.1. By Capacity
      • 10.3.5.2.2. By Design
      • 10.3.5.2.3. By Service
      • 10.3.5.2.4. By End-User

11. Market Dynamics

• 11.1. Drivers
• 11.2. Challenges

12. Market Trends & Developments

• 12.1. Merger & Acquisition (If Any)
• 12.2. Product Launches (If Any)
• 12.3. Recent Developments

13. Company Profiles

• 13.1. Ansaldo Energia S.p.A
  • 13.1.1. Business Overview
  • 13.1.2. Key Revenue and Financials
  • 13.1.3. Recent Developments
  • 13.1.4. Key Personnel/Key Contact Person
  • 13.1.5. Key Product/Services Offered
• 13.2. Bharat Heavy Electricals Limited
• 13.3. Doosan Skoda Power
• 13.4. Fuji Electric Co., Ltd.
• 13.5. General Electric Company
• 13.6. Kawasaki Heavy Industries, Ltd.
• 13.7. MAN Energy Solutions SE
• 13.8. Mitsubishi Power, Ltd.
• 13.9. Siemens Energy AG
• 13.10. Toshiba Corporation

14. Strategic Recommendations

15. About Us & Disclaimer