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市場調查報告書
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2070545

發電設備市場規模、佔有率、成長、全球產業分析、區域趨勢及2026-2034年預測

Power Generation Equipment Market Size, Share, Growth, Global Industry Analysis, Regional Insights and Forecast to 2026-2034

出版日期: | 出版商: Fortune Business Insights Pvt. Ltd. | 英文 120 Pages | 商品交期: 2-3個工作天內

價格

發電設備市場成長要素

全球發電設備市場到2025年達到1,716億美元,並從2026年的1,809.3億美元成長至2034年的2,903.9億美元,預測期內年複合成長率(CAGR)為6.1%。這項市場擴張的促進因素包括全球電力需求的成長、快速的工業化進程、能源基礎設施投資的增加以及向更清潔、更有效率的發電技術的持續轉型。2025年,亞太地區將引領市場,佔據全球市場佔有率的44.13%,主要得益於中國、印度和東南亞地區產能的大規模成長。

發電設備包括汽輪機、發電機、鍋爐、變壓器和電廠輔助系統(BOP),用於將石化燃料、核能和再生能源轉化為電能。這些系統廣泛應用於大型發電廠、工業設施和分散式發電領域。對能源安全、脫碳、營運效率和再生能源併網的日益重視,持續推動全球市場成長。

市場趨勢

對靈活高效的發電系統的需求日益成長

影響市場的關鍵趨勢之一是對營運柔軟性的需求日益成長。電力公司和發電公司投資先進的燃氣渦輪機、混合動力發電系統以及與再生能源相容的技術,以便快速回應電力需求的波動。

隨著太陽能和風力發電日益併入電網,對能夠在負載波動條件下高效運作的設備的需求也日益成長。現代發電系統在設計時越來越注重支持電網平衡、頻率調節和再生能源發電,同時保持高效率和高可靠性。

例如,2026年 4月,Mitsubishi Heavy Industries宣布對其下一代燃氣渦輪機系統進行改進,目的是提高快速啟動性能和負載追蹤能力。

市場促進因素

全球電力需求成長推動市場擴張。

快速的都市化、工業發展、交通運輸電氣化以及數位基礎設施的擴張,正推動全球電力消耗量顯著成長。資料中心、製造工廠、商業建築和住宅開發計畫都需要可靠且不間斷的電力供應。

先進的發電設備使營運商能夠最大限度地提高效率、最佳化燃料消耗並減少排放。對聯合循環發電廠、現代化電網和分散式能源系統的投資,催生對最新發電技術的強勁需求。

2025年 4月,GE Vernova 成功地將 HA 級燃氣渦輪機技術應用於聯合循環發電工程,展現了其高效率和靈活的運作能力。

市場限制因素

大量資本投資限制了其引進。

儘管成長前景強勁,但由於發電工程需要大量資金,市場仍面臨挑戰。大規模發電計畫需要在渦輪機、發電機、鍋爐、工程服務和基礎設施建設方面進行大量投資。

企劃案融資的複雜性、法規核准流程的繁瑣以及漫長的建設週期進一步增加了投資風險。此外,先進的系統需要熟練的專業人員和持續的維護,這對小規模的電力公司和開發中國家構成了障礙。

市場機會

向低排放能源系統轉型

全球向低碳能源發電轉型為設備製造商帶來了巨大的機會。世界各國政府和電力公司都在大力投資再生能源發電、氫能相容型燃氣渦輪機以及更清潔的火力發電技術。

能夠使用氫氣混合氣體運行的高效能燃氣渦輪機成為平衡再生能源發電並支持脫碳目標的關鍵解決方案。

2025年6月,Mitsubishi Power推出了適用於大規模電力專案的氫能相容燃氣渦輪機技術,以支援低碳發電。

市場挑戰

專案複雜性與供應鏈限制

大型發電工程常因供應鏈中斷、監管不確定性、燃料價格波動和勞動力短缺而面臨延期。這些因素會影響專案的經濟效益,並延緩設備的部署。

此外,電力需求波動和政策變化會影響投資決策,並為電力公司和獨立發電商(IPP)帶來不確定性。

細分分析

依設備類型

渦輪機區隔在將熱能、動能和機械能轉化為電能方面發揮著非常重要的作用,到2025年佔據最大的市場佔有率。燃氣渦輪機、蒸氣渦輪、水力渦輪機和風力發電機在多種發電技術中仍然非常重要。

受再生能源部署擴張和電網擴張的推動,變壓器領域預計將實現最快的成長速度,到2034年將保持 6.6%的年複合成長率(CAGR)。

依動力來源

到2025年,火力發電領域繼續在已開發國家和開發中國家提供穩定的基本負載電力方面發揮非常重要的作用,因此火力發電領域主導市場。

同時,在全球脫碳努力和對太陽能、風能和水力發電基礎設施投資增加的推動下,再生能源產業預計將以最快的速度成長,年複合成長率達到 7.5%。

依用途

由於大型發電廠廣泛採用併入國家電網的電力技術,公共產業發電領域佔據了最大的市場佔有率。

受微電網、私人電廠和分散式能源系統部署不斷增加的推動,分散式發電領域預計將以 7.2%的年複合成長率成長。

區域展望

亞太地區

預計亞太地區仍將是最大的區域市場,到2025年市場規模將達到 754.2億美元。強勁的工業化進程、不斷成長的電力需求以及政府對電力基礎設施的投資將繼續推動成長。

  • 中國:376.7億美元(2026年)
  • 印度:149.7億美元(2026年)
  • 日本:71.6億美元(2026年)

北美洲

預計到2025年,北美市場規模將達到 346.6億美元,這得益於電力系統現代化、老舊基礎設施升級以及對燃氣和再生能源發電的投資。

  • 美國:285.4億美元(2026年)

歐洲

歐洲正經歷強勁成長,這得益於積極的脫碳目標以及氫能和再生能源綜合發電系統的擴張。

  • 德國:61億美元(2026年)
  • 英國:43.2億美元(2026年)

中東和非洲

能源多元化、電氣化以及對公共產業基礎設施的大規模投資推動海灣合作理事會國家和整個非洲的需求。

  • 海灣合作理事會:74.1億美元(2026年)

南美洲

工業活動的擴張和基礎設施的發展支持全部區域。

  • 巴西:68.4億美元(2026年)

近期產業趨勢包括Siemens Energy於2026年 2月宣布投資 10億美元在美國擴大製造地規模,以及通用GE Vernova 公司於2026年 1月宣布累積訂單將增至約 1,500億美元。

目錄

第1章 引言

第2章 執行摘要

第3章 市場動態

  • 宏觀經濟和微觀經濟指標
  • 促進因素、阻礙因素、挑戰、機會和趨勢
  • 對等關稅對市場的影響

第4章 競爭情勢

  • 主要公司採取的商業策略
  • 主要公司綜合SWOT分析
  • 全球發電設備:主要公司市場佔有率排名,2025年

第5章 2021-2034年全球發電設備市場規模的估計與預測

  • 主要發現
  • 依設備類型
    • 渦輪
      • 蒸氣渦輪
      • 燃氣渦輪機
      • 水力渦輪機
      • 風力發電機
    • 發電機
    • 鍋爐
    • 變壓器
    • 工廠輔助設施(BOP)
  • 依動力來源
    • 火力發電
    • 再生能源
    • 核能發電
  • 依用途
    • 公共產業發電
    • 工業發電
    • 分散式發電
  • 依地區
    • 北美洲
    • 南美洲
    • 歐洲
    • 中東和非洲
    • 亞太地區

第6章 2021-2034年北美發電設備市場規模的估計與預測

  • 國家
    • 美國
    • 加拿大
    • 墨西哥

第7章 南美發電設備市場規模估計與預測(2021-2034年)

  • 國家
    • 巴西
    • 阿根廷
    • 其他南美國家

第8章 2021-2034年歐洲發電設備市場規模的估計與預測

  • 國家
    • 英國
    • 德國
    • 法國
    • 義大利
    • 西班牙
    • 比荷盧經濟聯盟
    • 北歐
    • 俄羅斯
    • 其他歐洲國家

第9章 2021-2034年中東與非洲發電設備市場規模的估計與預測

  • 國家
    • 海灣合作理事會國家
    • 南非
    • 北非
    • 以色列
    • 其他中東和非洲國家

第10章 2021-2034年亞太地區發電設備市場規模的估計與預測

  • 國家
    • 中國
    • 印度
    • 日本
    • 韓國
    • ASEAN
    • 大洋洲
    • 其他亞太國家

第11章 十大公司簡介

  • General Electric(GE Vernova)
  • Siemens Energy AG
  • Mitsubishi Heavy Industries, Ltd.
  • Wartsila Corporation
  • Doosan Enerbility Co., Ltd.
  • Ansaldo Energia SpA
  • Harbin Electric Corporation
  • Dongfang Electric Corporation
  • Bharat Heavy Electricals Limited(BHEL)
  • Shanghai Electric Group Co., Ltd.
Product Code: FBI116070

Growth Factors of power generation equipment Market

The global power generation equipment market was valued at USD 171.60 billion in 2025 and is projected to grow from USD 180.93 billion in 2026 to USD 290.39 billion by 2034, registering a CAGR of 6.1% during the forecast period. The market expansion is being driven by rising global electricity demand, rapid industrialization, increasing investments in energy infrastructure, and the ongoing transition toward cleaner and more efficient power generation technologies. Asia Pacific dominated the global market in 2025, accounting for 44.13% of total revenue due to extensive power capacity additions across China, India, and Southeast Asia.

Power generation equipment includes turbines, generators, boilers, transformers, and balance-of-plant systems that convert fossil fuels, nuclear energy, and renewable resources into electricity. These systems are widely used in utility-scale power plants, industrial facilities, and distributed generation applications. Growing emphasis on energy security, decarbonization, operational efficiency, and renewable integration continues to support market growth worldwide.

Market Trends

Growing Demand for Flexible and Efficient Power Generation Systems

A major trend influencing the market is the increasing requirement for operational flexibility. Utilities and power producers are investing in advanced gas turbines, hybrid generation systems, and renewable-compatible technologies capable of responding quickly to fluctuating power demand.

The growing integration of solar and wind energy into power grids is accelerating demand for equipment that can efficiently operate under variable load conditions. Modern power generation systems are increasingly designed to support grid balancing, frequency regulation, and renewable energy integration while maintaining high efficiency and reliability.

For instance, in April 2026, Mitsubishi Heavy Industries introduced enhancements to its next-generation gas turbine systems aimed at improving rapid start-up performance and load-following capabilities.

Market Drivers

Rising Global Electricity Demand Supporting Market Expansion

Rapid urbanization, industrial growth, electrification of transportation, and expanding digital infrastructure are significantly increasing electricity consumption worldwide. Data centers, manufacturing facilities, commercial buildings, and residential developments require reliable and uninterrupted power supplies.

Advanced power generation equipment enables operators to maximize efficiency, optimize fuel consumption, and reduce emissions. Investments in combined-cycle power plants, grid modernization, and distributed energy systems are creating strong demand for modern generation technologies.

In April 2025, GE Vernova successfully deployed its HA-class gas turbine technology in a combined-cycle power project, demonstrating high efficiency and flexible operation capabilities.

Market Restraints

High Capital Investment Limiting Adoption

Despite strong growth prospects, the market faces challenges due to substantial capital requirements associated with power generation projects. Large-scale installations require significant investments in turbines, generators, boilers, engineering services, and infrastructure development.

Project financing complexities, regulatory approvals, and long construction timelines further increase investment risks. Additionally, advanced systems require skilled personnel and ongoing maintenance, creating barriers for smaller utilities and developing economies.

Market Opportunities

Transition Toward Low-Emission Energy Systems

The global shift toward low-carbon energy generation presents significant opportunities for equipment manufacturers. Governments and utilities are investing heavily in renewable energy integration, hydrogen-ready turbines, and cleaner thermal power technologies.

High-efficiency gas turbines capable of operating with hydrogen blends are emerging as critical solutions for balancing renewable power generation while supporting decarbonization goals.

In June 2025, Mitsubishi Power deployed hydrogen-ready gas turbine technology for a major utility-scale power project supporting low-carbon electricity generation.

Market Challenges

Project Complexity and Supply Chain Constraints

Large-scale power generation projects often face delays due to supply chain disruptions, regulatory uncertainties, fuel price volatility, and labor shortages. These factors can affect project economics and delay equipment deployment.

Furthermore, fluctuating electricity demand and policy changes can influence investment decisions, creating uncertainty for utilities and independent power producers.

Segmentation Analysis

By Equipment Type

The turbines segment held the largest market share in 2025 due to its critical role in converting thermal, kinetic, and mechanical energy into electricity. Gas turbines, steam turbines, hydro turbines, and wind turbines remain essential across multiple power generation technologies.

The transformers segment is expected to witness the fastest growth, registering a CAGR of 6.6% through 2034, driven by increasing renewable energy integration and transmission network expansion.

By Power Source

The thermal power segment dominated the market in 2025 due to its continued importance in delivering stable baseload electricity across developed and developing economies.

Meanwhile, the renewable power segment is forecast to grow at the fastest pace with a CAGR of 7.5%, supported by global decarbonization initiatives and increasing investments in solar, wind, and hydropower infrastructure.

By Application

The utility power generation segment accounted for the largest market share owing to extensive deployment across large-scale power plants connected to national grids.

The distributed power generation segment is expected to grow at a CAGR of 7.2%, driven by increasing adoption of microgrids, captive power plants, and decentralized energy systems.

Regional Outlook

Asia Pacific

Asia Pacific remained the largest regional market, valued at USD 75.42 billion in 2025. Strong industrialization, rising electricity demand, and government investments in power infrastructure continue to drive growth.

  • China: USD 37.67 billion (2026)
  • India: USD 14.97 billion (2026)
  • Japan: USD 7.16 billion (2026)

North America

North America generated USD 34.66 billion in 2025, supported by grid modernization initiatives, replacement of aging infrastructure, and investments in gas-fired and renewable power generation.

  • U.S.: USD 28.54 billion (2026)

Europe

Europe is witnessing strong growth due to aggressive decarbonization targets and increasing deployment of hydrogen-compatible and renewable-integrated power generation systems.

  • Germany: USD 6.10 billion (2026)
  • U.K.: USD 4.32 billion (2026)

Middle East & Africa

Large-scale investments in energy diversification, electrification, and utility infrastructure are driving demand across GCC countries and Africa.

  • GCC: USD 7.41 billion (2026)

South America

Growing industrial activity and infrastructure development are supporting market expansion across the region.

  • Brazil: USD 6.84 billion (2026)

Competitive Landscape

The market is moderately consolidated, with leading manufacturers focusing on advanced turbine technologies, digital monitoring systems, and low-emission power solutions.

Major companies operating in the market include:

  • GE Vernova
  • Siemens Energy AG
  • Mitsubishi Heavy Industries, Ltd.
  • Wartsila Corporation
  • Doosan Enerbility Co., Ltd.
  • Bharat Heavy Electricals Limited
  • Shanghai Electric Group Co., Ltd.

Recent industry developments include Siemens Energy's USD 1 billion U.S. manufacturing expansion announced in February 2026 and GE Vernova's reported backlog growth of approximately USD 150 billion in January 2026.

Conclusion

The global power generation equipment market is poised for sustained growth, rising from USD 171.60 billion in 2025 to USD 180.93 billion in 2026 and reaching USD 290.39 billion by 2034. Increasing electricity demand, renewable energy integration, grid modernization, and investments in hydrogen-ready and high-efficiency power generation technologies are expected to drive market expansion. While high capital costs and project complexities remain challenges, the transition toward low-emission energy systems and flexible power generation solutions will create significant opportunities for manufacturers and utilities throughout the forecast period.

Segmentation By Equipment Type, Power Source, Application, and Region

By Equipment Type * Turbines

    • Steam Turbines
    • Gas Turbines
    • Hydro Turbines
    • Wind Turbines
  • Generators
  • Boilers
  • Transformers
  • Balance of Plant (BOP) Equipment

By Power Source * Thermal Power

  • Renewable Power
  • Nuclear Power

By Application * Utility Power Generation

  • Industrial Power Generation
  • Distributed Power Generation

By Region * North America (By Equipment Type, By Power Source, By Application, and Country)

    • U.S. (By Equipment Type)
    • Canada (By Equipment Type)
    • Mexico (By Equipment Type)
  • Europe (By Equipment Type, By Power Source, By Application, and Country/Sub-region)
    • Germany (By Equipment Type)
    • U.K. (By Equipment Type)
    • France (By Equipment Type)
    • Spain (By Equipment Type)
    • Italy (By Equipment Type)
    • BENELUX (By Equipment Type)
    • Nordics (By Equipment Type)
    • Russia (By Equipment Type)
    • Rest of Europe
  • Asia Pacific (By Equipment Type, By Power Source, By Application, and Country/Sub-region)
    • China (By Equipment Type)
    • Japan (By Equipment Type)
    • India (By Equipment Type)
    • South Korea (By Equipment Type)
    • ASEAN (By Equipment Type)
    • Oceania (By Equipment Type)
    • Rest of Asia Pacific
  • South America (By Equipment Type, By Power Source, By Application, and Country/Sub-region)
    • Brazil (By Equipment Type)
    • Argentina (By Equipment Type)
    • Rest of South America
  • Middle East & Africa (By Equipment Type, By Power Source, By Application, and Country/Sub-region)
    • GCC Countries (By Equipment Type)
    • South Africa (By Equipment Type)
    • North Africa (By Equipment Type)
    • Israel (By Equipment Type)
    • Rest of Middle East & Africa

Table of Content

1. Introduction

  • 1.1. Definition, By Segment
  • 1.2. Research Methodology/Approach
  • 1.3. Data Sources

2. Executive Summary

3. Market Dynamics

  • 3.1. Macro and Micro Economic Indicators
  • 3.2. Drivers, Restraints, Challenges, Opportunities, and Trends
  • 3.3. Impact of Reciprocal Tariffs on the Market

4. Competition Landscape

  • 4.1. Business Strategies Adopted by Key Players
  • 4.2. Consolidated SWOT Analysis of Key Players
  • 4.3. Global Power Generation Equipment Key Players Market Share/Ranking, 2025

5. Global Power Generation Equipment Market Size Estimates and Forecasts, By Segments, 2021-2034

  • 5.1. Key Findings
  • 5.2. By Equipment Type (USD Billion)
    • 5.2.1. Turbines
      • 5.2.1.1. Steam Turbines
      • 5.2.1.2. Gas Turbines
      • 5.2.1.3. Hydro Turbines
      • 5.2.1.4. Wind Turbines
    • 5.2.2. Generators
    • 5.2.3. Boilers
    • 5.2.4. Transformers
    • 5.2.5. Balance of Plant (BOP) Equipment
  • 5.3. By Power Source (USD Billion)
    • 5.3.1. Thermal Power
    • 5.3.2. Renewable Power
    • 5.3.3. Nuclear Power
  • 5.4. By Application (USD Billion)
    • 5.4.1. Utility Power Generation
    • 5.4.2. Industrial Power Generation
    • 5.4.3. Distributed Power Generation
  • 5.5. By Region (USD Billion)
    • 5.5.1. North America
    • 5.5.2. South America
    • 5.5.3. Europe
    • 5.5.4. Middle East & Africa
    • 5.5.5. Asia Pacific

6. North America Power Generation Equipment Market Size Estimates and Forecasts, By Segments, 2021-2034

  • 6.1. Key Findings
  • 6.2. By Equipment Type (USD Billion)
    • 6.2.1. Turbines
      • 6.2.1.1. Steam Turbines
      • 6.2.1.2. Gas Turbines
      • 6.2.1.3. Hydro Turbines
      • 6.2.1.4. Wind Turbines
    • 6.2.2. Generators
    • 6.2.3. Boilers
    • 6.2.4. Transformers
    • 6.2.5. Balance of Plant (BOP) Equipment
  • 6.3. By Power Source (USD Billion)
    • 6.3.1. Thermal Power
    • 6.3.2. Renewable Power
    • 6.3.3. Nuclear Power
  • 6.4. By Application (USD Billion)
    • 6.4.1. Utility Power Generation
    • 6.4.2. Industrial Power Generation
    • 6.4.3. Distributed Power Generation
  • 6.5. By Country (USD Billion)
    • 6.5.1. U.S.
      • 6.5.1.1. By Equipment Type (USD Billion)
    • 6.5.2. Canada
      • 6.5.2.1. By Equipment Type (USD Billion)
    • 6.5.3. Mexico
      • 6.5.3.1. By Equipment Type (USD Billion)

7. South America Power Generation Equipment Market Size Estimates and Forecasts, By Segments, 2021-2034

  • 7.1. Key Findings
  • 7.2. By Equipment Type (USD Billion)
    • 7.2.1. Turbines
      • 7.2.1.1. Steam Turbines
      • 7.2.1.2. Gas Turbines
      • 7.2.1.3. Hydro Turbines
      • 7.2.1.4. Wind Turbines
    • 7.2.2. Generators
    • 7.2.3. Boilers
    • 7.2.4. Transformers
    • 7.2.5. Balance of Plant (BOP) Equipment
  • 7.3. By Power Source (USD Billion)
    • 7.3.1. Thermal Power
    • 7.3.2. Renewable Power
    • 7.3.3. Nuclear Power
  • 7.4. By Application (USD Billion)
    • 7.4.1. Utility Power Generation
    • 7.4.2. Industrial Power Generation
    • 7.4.3. Distributed Power Generation
  • 7.5. By Country (USD Billion)
    • 7.5.1. Brazil
      • 7.5.1.1. By Equipment Type (USD Billion)
    • 7.5.2. Argentina
      • 7.5.2.1. By Equipment Type (USD Billion)
    • 7.5.3. Rest of South America

8. Europe Power Generation Equipment Market Size Estimates and Forecasts, By Segments, 2021-2034

  • 8.1. Key Findings
  • 8.2. By Equipment Type (USD Billion)
    • 8.2.1. Turbines
      • 8.2.1.1. Steam Turbines
      • 8.2.1.2. Gas Turbines
      • 8.2.1.3. Hydro Turbines
      • 8.2.1.4. Wind Turbines
    • 8.2.2. Generators
    • 8.2.3. Boilers
    • 8.2.4. Transformers
    • 8.2.5. Balance of Plant (BOP) Equipment
  • 8.3. By Power Source (USD Billion)
    • 8.3.1. Thermal Power
    • 8.3.2. Renewable Power
    • 8.3.3. Nuclear Power
  • 8.4. By Application (USD Billion)
    • 8.4.1. Utility Power Generation
    • 8.4.2. Industrial Power Generation
    • 8.4.3. Distributed Power Generation
  • 8.5. By Country (USD Billion)
    • 8.5.1. U.K.
      • 8.5.1.1. By Equipment Type (USD Billion)
    • 8.5.2. Germany
      • 8.5.2.1. By Equipment Type (USD Billion)
    • 8.5.3. France
      • 8.5.3.1. By Equipment Type (USD Billion)
    • 8.5.4. Italy
      • 8.5.4.1. By Equipment Type (USD Billion)
    • 8.5.5. Spain
      • 8.5.5.1. By Equipment Type (USD Billion)
    • 8.5.6. BENELUX
      • 8.5.6.1. By Equipment Type (USD Billion)
    • 8.5.7. Nordics
      • 8.5.7.1. By Equipment Type (USD Billion)
    • 8.5.8. Russia
      • 8.5.8.1. By Equipment Type (USD Billion)
    • 8.5.9. Rest of Europe

9. Middle East & Africa Power Generation Equipment Market Size Estimates and Forecasts, By Segments, 2021-2034

  • 9.1. Key Findings
  • 9.2. By Equipment Type (USD Billion)
    • 9.2.1. Turbines
      • 9.2.1.1. Steam Turbines
      • 9.2.1.2. Gas Turbines
      • 9.2.1.3. Hydro Turbines
      • 9.2.1.4. Wind Turbines
    • 9.2.2. Generators
    • 9.2.3. Boilers
    • 9.2.4. Transformers
    • 9.2.5. Balance of Plant (BOP) Equipment
  • 9.3. By Power Source (USD Billion)
    • 9.3.1. Thermal Power
    • 9.3.2. Renewable Power
    • 9.3.3. Nuclear Power
  • 9.4. By Application (USD Billion)
    • 9.4.1. Utility Power Generation
    • 9.4.2. Industrial Power Generation
    • 9.4.3. Distributed Power Generation
  • 9.5. By Country (USD Billion)
    • 9.5.1. GCC Countries
      • 9.5.1.1. By Equipment Type (USD Billion)
    • 9.5.2. South Africa
      • 9.5.2.1. By Equipment Type (USD Billion)
    • 9.5.3. North Africa
      • 9.5.3.1. By Equipment Type (USD Billion)
    • 9.5.4. Israel
      • 9.5.4.1. By Equipment Type (USD Billion)
    • 9.5.5. Rest of MEA

10. Asia Pacific Power Generation Equipment Market Size Estimates and Forecasts, By Segments, 2021-2034

  • 10.1. Key Findings
  • 10.2. By Equipment Type (USD Billion)
    • 10.2.1. Turbines
      • 10.2.1.1. Steam Turbines
      • 10.2.1.2. Gas Turbines
      • 10.2.1.3. Hydro Turbines
      • 10.2.1.4. Wind Turbines
    • 10.2.2. Generators
    • 10.2.3. Boilers
    • 10.2.4. Transformers
    • 10.2.5. Balance of Plant (BOP) Equipment
  • 10.3. By Power Source (USD Billion)
    • 10.3.1. Thermal Power
    • 10.3.2. Renewable Power
    • 10.3.3. Nuclear Power
  • 10.4. By Application (USD Billion)
    • 10.4.1. Utility Power Generation
    • 10.4.2. Industrial Power Generation
    • 10.4.3. Distributed Power Generation
  • 10.5. By Country (USD Billion)
    • 10.5.1. China
      • 10.5.1.1. By Equipment Type (USD Billion)
    • 10.5.2. India
      • 10.5.2.1. By Equipment Type (USD Billion)
    • 10.5.3. Japan
      • 10.5.3.1. By Equipment Type (USD Billion)
    • 10.5.4. South Korea
      • 10.5.4.1. By Equipment Type (USD Billion)
    • 10.5.5. ASEAN
      • 10.5.5.1. By Equipment Type (USD Billion)
    • 10.5.6. Oceania
      • 10.5.6.1. By Equipment Type (USD Billion)
    • 10.5.7. Rest of Asia Pacific

11. Company Profiles for Top 10 Players (Based on data availability in public domain and/or on paid databases)

  • 11.1. General Electric (GE Vernova)
    • 11.1.1. Overview
      • 11.1.1.1. Key Management
      • 11.1.1.2. Headquarters
      • 11.1.1.3. Offerings/Business Segments
    • 11.1.2. Key Details (Key details are consolidated data and not product/service specific)
      • 11.1.2.1. Employee Size
      • 11.1.2.2. Past and Current Revenue
      • 11.1.2.3. Geographical Share
      • 11.1.2.4. Business Segment Share
      • 11.1.2.5. Recent Developments
  • 11.2. Siemens Energy AG
    • 11.2.1. Overview
      • 11.2.1.1. Key Management
      • 11.2.1.2. Headquarters
      • 11.2.1.3. Offerings/Business Segments
    • 11.2.2. Key Details (Key details are consolidated data and not product/service specific)
      • 11.2.2.1. Employee Size
      • 11.2.2.2. Past and Current Revenue
      • 11.2.2.3. Geographical Share
      • 11.2.2.4. Business Segment Share
      • 11.2.2.5. Recent Developments
  • 11.3. Mitsubishi Heavy Industries, Ltd.
    • 11.3.1. Overview
      • 11.3.1.1. Key Management
      • 11.3.1.2. Headquarters
      • 11.3.1.3. Offerings/Business Segments
    • 11.3.2. Key Details (Key details are consolidated data and not product/service specific)
      • 11.3.2.1. Employee Size
      • 11.3.2.2. Past and Current Revenue
      • 11.3.2.3. Geographical Share
      • 11.3.2.4. Business Segment Share
      • 11.3.2.5. Recent Developments
  • 11.4. Wartsila Corporation
    • 11.4.1. Overview
      • 11.4.1.1. Key Management
      • 11.4.1.2. Headquarters
      • 11.4.1.3. Offerings/Business Segments
    • 11.4.2. Key Details (Key details are consolidated data and not product/service specific)
      • 11.4.2.1. Employee Size
      • 11.4.2.2. Past and Current Revenue
      • 11.4.2.3. Geographical Share
      • 11.4.2.4. Business Segment Share
      • 11.4.2.5. Recent Developments
  • 11.5. Doosan Enerbility Co., Ltd.
    • 11.5.1. Overview
      • 11.5.1.1. Key Management
      • 11.5.1.2. Headquarters
      • 11.5.1.3. Offerings/Business Segments
    • 11.5.2. Key Details (Key details are consolidated data and not product/service specific)
      • 11.5.2.1. Employee Size
      • 11.5.2.2. Past and Current Revenue
      • 11.5.2.3. Geographical Share
      • 11.5.2.4. Business Segment Share
      • 11.5.2.5. Recent Developments
  • 11.6. Ansaldo Energia S.p.A.
    • 11.6.1. Overview
      • 11.6.1.1. Key Management
      • 11.6.1.2. Headquarters
      • 11.6.1.3. Offerings/Business Segments
    • 11.6.2. Key Details (Key details are consolidated data and not product/service specific)
      • 11.6.2.1. Employee Size
      • 11.6.2.2. Past and Current Revenue
      • 11.6.2.3. Geographical Share
      • 11.6.2.4. Business Segment Share
      • 11.6.2.5. Recent Developments
  • 11.7. Harbin Electric Corporation
    • 11.7.1. Overview
      • 11.7.1.1. Key Management
      • 11.7.1.2. Headquarters
      • 11.7.1.3. Offerings/Business Segments
    • 11.7.2. Key Details (Key details are consolidated data and not product/service specific)
      • 11.7.2.1. Employee Size
      • 11.7.2.2. Past and Current Revenue
      • 11.7.2.3. Geographical Share
      • 11.7.2.4. Business Segment Share
      • 11.7.2.5. Recent Developments
  • 11.8. Dongfang Electric Corporation
    • 11.8.1. Overview
      • 11.8.1.1. Key Management
      • 11.8.1.2. Headquarters
      • 11.8.1.3. Offerings/Business Segments
    • 11.8.2. Key Details (Key details are consolidated data and not product/service specific)
      • 11.8.2.1. Employee Size
      • 11.8.2.2. Past and Current Revenue
      • 11.8.2.3. Geographical Share
      • 11.8.2.4. Business Segment Share
      • 11.8.2.5. Recent Developments
  • 11.9. Bharat Heavy Electricals Limited (BHEL)
    • 11.9.1. Overview
      • 11.9.1.1. Key Management
      • 11.9.1.2. Headquarters
      • 11.9.1.3. Offerings/Business Segments
    • 11.9.2. Key Details (Key details are consolidated data and not product/service specific)
      • 11.9.2.1. Employee Size
      • 11.9.2.2. Past and Current Revenue
      • 11.9.2.3. Geographical Share
      • 11.9.2.4. Business Segment Share
      • 11.9.2.5. Recent Developments
  • 11.10. Shanghai Electric Group Co., Ltd.
    • 11.10.1. Overview
      • 11.10.1.1. Key Management
      • 11.10.1.2. Headquarters
      • 11.10.1.3. Offerings/Business Segments
    • 11.10.2. Key Details (Key details are consolidated data and not product/service specific)
      • 11.10.2.1. Employee Size
      • 11.10.2.2. Past and Current Revenue
      • 11.10.2.3. Geographical Share
      • 11.10.2.4. Business Segment Share
      • 11.10.2.5. Recent Developments

List of Tables

  • Figure 1: Global Power Generation Equipment Market Revenue Share (%), 2025 and 2034
  • Figure 2: Global Power Generation Equipment Market Revenue Share (%), By Equipment Type, 2025 and 2034
  • Figure 3: Global Power Generation Equipment Market Revenue Share (%), By Power Source, 2025 and 2034
  • Figure 4: Global Power Generation Equipment Market Revenue Share (%), By Application, 2025 and 2034
  • Figure 5: Global Power Generation Equipment Market Revenue Share (%), By Region, 2025 and 2034
  • Figure 6: North America Power Generation Equipment Market Revenue Share (%), 2025 and 2034
  • Figure 7: North America Power Generation Equipment Market Revenue Share (%), By Equipment Type, 2025 and 2034
  • Figure 8: North America Power Generation Equipment Market Revenue Share (%), By Power Source, 2025 and 2034
  • Figure 9: North America Power Generation Equipment Market Revenue Share (%), By Application, 2025 and 2034
  • Figure 10: North America Power Generation Equipment Market Revenue Share (%), By Country, 2025 and 2034
  • Figure 11: Europe Power Generation Equipment Market Revenue Share (%), 2025 and 2034
  • Figure 12: Europe Power Generation Equipment Market Revenue Share (%), By Equipment Type, 2025 and 2034
  • Figure 13: Europe Power Generation Equipment Market Revenue Share (%), By Power Source, 2025 and 2034
  • Figure 14: Europe Power Generation Equipment Market Revenue Share (%), By Application, 2025 and 2034
  • Figure 15: Europe Power Generation Equipment Market Revenue Share (%), By Country, 2025 and 2034
  • Figure 16: Asia Pacific Power Generation Equipment Market Revenue Share (%), 2025 and 2034
  • Figure 17: Asia Pacific Power Generation Equipment Market Revenue Share (%), By Equipment Type, 2025 and 2034
  • Figure 18: Asia Pacific Power Generation Equipment Market Revenue Share (%), By Power Source, 2025 and 2034
  • Figure 19: Asia Pacific Power Generation Equipment Market Revenue Share (%), By Application, 2025 and 2034
  • Figure 20: Asia Pacific Power Generation Equipment Market Revenue Share (%), By Country, 2025 and 2034
  • Figure 21: Middle East & Africa Power Generation Equipment Market Revenue Share (%), 2025 and 2034
  • Figure 22: Middle East & Africa Power Generation Equipment Market Revenue Share (%), By Equipment Type, 2025 and 2034
  • Figure 23: Middle East & Africa Power Generation Equipment Market Revenue Share (%), By Power Source, 2025 and 2034
  • Figure 24: Middle East & Africa Power Generation Equipment Market Revenue Share (%), By Application, 2025 and 2034
  • Figure 25: Middle East & Africa Power Generation Equipment Market Revenue Share (%), By Country, 2025 and 2034
  • Figure 26: South America Power Generation Equipment Market Revenue Share (%), 2025 and 2034
  • Figure 27: South America Power Generation Equipment Market Revenue Share (%), By Equipment Type, 2025 and 2034
  • Figure 28: South America Power Generation Equipment Market Revenue Share (%), By Power Source, 2025 and 2034
  • Figure 29: South America Power Generation Equipment Market Revenue Share (%), By Application, 2025 and 2034
  • Figure 30: South America Power Generation Equipment Market Revenue Share (%), By Country, 2025 and 2034
  • Figure 31: Global Power Generation Equipment Key Players' Market Share/Ranking (%), 2025