Growth Drivers and Future Projections for the Steam Turbine Market

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2025-09-15 09:21:26 -

Market Overview The steam turbine market was valued at USD 15.95 billion in 2021 and is expected to grow at a CAGR of 2.5% during the forecast period. The global steam turbine market is witnessing robust growth, driven by increasing electricity demand, industrial expansion, and the transition toward efficient and sustainable power generation technologies. Steam turbines, which convert...

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