Steam Turbines for Thermal Power - Global Market Size, Average Pricing, Equipment Market Share and Competitive Landscape Analysis to 2020

Summary

This report analyzes the global steam turbine market in terms of steam turbine units sold, steam turbine revenues and market share of companies in terms of revenues. It also discusses the key drivers and restraints impacting the market. The report provides an in depth analysis of key global steam turbine markets– China, India, Australia, South Korea, Indonesia, Germany, Italy, Russia, Saudi Arabia and the US. It provides data and analysis related to the market size, revenues, market share, average price and the regulations in each of these countries. The report also provides SWOT analysis of four key steam turbine manufacturing companies in the world.

Scope

- Analysis of steam turbines used in thermal power plants with capacity greater than 70 MW

- Data on steam turbine revenues for key countries: the US, China, India, Russia, South Korea, Germany, Australia, Indonesia, Italy and Saudi Arabia

- Data on the pricing and volume (unit sales) analysis for the aforementioned key countries

- Market share analysis for the top global market participants: Shanghai Electric Group Company Ltd., Dongfang Electric Company Ltd., Harbin Power Equipment Company Ltd. and Bharat Heavy Electricals Limited

- Power regulations for key steam turbine markets;

- Data sourced from proprietary databases and primary interviews with industry experts;

Reasons to buy

- Facilitate decision-making based on strong historic and forecast data for the steam turbine market.

- Develop strategies based on the latest pricing trends, market shares and revenue growth.

- Position yourself to gain the maximum advantage in the steam market’s growth potential.

- Identify key partners and business development avenues.

- Respond to your competitors’ business structure, strategy and prospects.

1 Table of Contents

1 Table of Contents 3

1.1 List of Tables 6

1.2 List of Figures 7

2 Introduction 9

2.1 Steam Turbines, Overview 9

2.2 GlobalData Report Guidance 9

3 Power Generation Market, Overview 10

3.1 Power Generation, Thermal Energy 10

3.2 Power Generation, Thermal Energy Equipment, Turbines 11

3.2.1 Thermal Energy, Steam Turbines 11

3.2.2 Thermal Energy, Gas Turbines 12

3.3 Power Generation, Steam Turbine Market, New Technologies 13

4 Global, Power Industry Analysis, 2000–2020 14

4.1 Global, Power Industry, Installed Capacity, 2000–2020 14

4.2 Global, Power Industry, Power Generation, 2000–2020 16

5 Global, Thermal Power Industry Analysis, 2000–2020 18

5.1 Global, Thermal Power Industry, Installed Capacity, 2000–2020 18

5.2 Global, Thermal Power Industry, Power Generation, 2000–2020 20

6 Global, Steam Turbine Market Analysis, 2000–2020 22

6.1 Global, Steam Turbine Market, Overview 22

6.1.1 Global, Steam Turbine Market, Market Size and Growth Analysis, 2000–2020 22

6.1.2 Global, Steam Turbine Market, Revenue Analysis and Forecast, 2000–2020 24

6.1.3 Global, Steam Turbine Market, Market Share Analysis by Capacity, 2011 26

6.2 Global, Steam Turbine Market, Drivers and Impact Analysis, 2012-2020 28

6.2.1 Availability of Coal 28

6.2.2 Growing Demand for Electricity 30

6.2.3 Increase in Demand for CCGT 31

6.2.4 Development of Clean Coal Technology 32

6.3 Global, Steam Turbine Market, Restraints and Impact Analysis, 2012–2020 33

6.3.1 Environmental/Emission Control Standards 33

6.3.2 Impact of Alternative Sources of Energy 33

6.3.3 Global Economic Downturn 34

7 Global, Steam Turbine Market, Key Markets 35

7.1 Australia, Steam Turbine Market, Market Analysis, 2000–2020 35

7.1.1 Australia, Overview 35

7.1.2 Australia, Steam Turbine Market, Market Size and Growth Analysis, 2000–2020 37

7.1.3 Australia, Steam Turbine Market, Revenue Analysis and Forecast, 2000–2020 40

7.1.4 Australia, Steam Turbine Market, Market Share Analysis by Capacity, 2010 42

7.1.5 Australia, Steam Turbine Market, Pricing Analysis, 2000–2020 42

7.1.6 Australia, Steam Turbine Market, Regulations 44

7.2 China, Steam Turbine Market, Market Analysis, 2000-2020 46

7.2.1 China, Overview 46

7.2.2 China, Steam Turbine Market, Market Size and Growth Analysis, 2000–2020 48

7.2.3 China, Steam Turbine Market, Revenue Analysis and Forecast, 2000–2020 51

7.2.4 China, Steam Turbine Market, Market Share Analysis by Capacity, 2010 55

7.2.5 China, Steam Turbine Market, Pricing Analysis, 2000–2020 57

7.2.6 China, Steam Turbine Market, Regulations 59

7.3 Germany, Steam Turbine Market, Market Analysis, 2000–2020 62

7.3.1 Germany, Overview 62

7.3.2 Germany, Steam Turbine Market, Market Size and Growth Analysis, 2000–2020 63

7.3.3 Germany, Steam Turbine Market, Revenue Analysis and Forecast, 2000–2020 67

7.3.4 Germany, Steam Turbine Market, Market Share Analysis by Capacity, 2011 69

7.3.5 Germany, Steam Turbine Market, Pricing Analysis, 2000–2020 70

7.3.6 Germany, Steam Turbine Market, Regulations 72

7.4 India, Steam Turbine Market, Market Analysis, 2000–2020 75

7.4.1 India, Overview 75

7.4.2 India, Steam Turbine Market, Market Size and Growth Analysis, 2000–2020 77

7.4.3 India, Steam Turbine Market, Revenue Analysis and Forecast, 2000–2020 79

7.4.4 India, Steam Turbine Market, Market Share Analysis by Capacity, 2010 82

7.4.5 India, Steam Turbine Market, Pricing Analysis, 2000–2020 83

7.4.6 India, Steam Turbine Market, Regulations 84

7.5 Indonesia, Steam Turbine Market, Market Analysis, 2000–2020 87

7.5.1 Indonesia, Overview 87

7.5.2 Indonesia, Steam Turbine Market, Market Size and Growth Analysis, 2000–2020 88

7.5.3 Indonesia, Steam Turbine Market, Revenue Analysis and Forecast, 2000–2020 92

7.5.4 Indonesia, Steam Turbine Market, Market Share Analysis by Capacity, 2011 94

7.5.5 Indonesia, Steam Turbine Market, Pricing Analysis, 2000–2020 95

7.5.6 Indonesia, Steam Turbine Market, Regulations 96

7.6 Italy, Steam Turbine Market, Market Analysis, 2000–2020 98

7.6.1 Italy, Overview 98

7.6.2 Italy, Steam Turbine Market, Market Size and Growth Analysis, 2000–2020 99

7.6.3 Italy, Steam Turbine Market, Revenue Analysis and Forecast, 2000–2020 103

7.6.4 Italy, Steam Turbine Market, Market Share Analysis by Capacity, 2011 106

7.6.5 Italy, Steam Turbine Market, Pricing Analysis, 2000–2020 107

7.6.6 Italy, Steam Turbine Market, Regulations 109

7.7 Russia, Steam Turbine Market, Market Analysis, 2000–2020 111

7.7.1 Russia, Overview 111

7.7.2 Russia, Steam Turbine Market, Market Size and Growth Analysis, 2000–2020 113

7.7.3 Russia, Steam Turbine Market, Revenue Analysis and Forecast, 2000–2020 117

7.7.4 Russia, Steam Turbine Market, Market Share Analysis by Capacity, 2011 120

7.7.5 Russia, Steam Turbine Market, Pricing Analysis, 2000–2020 121

7.7.6 Russia, Steam Turbine Market, Regulations 123

7.8 Saudi Arabia, Steam Turbine Market, Market Analysis, 2000–2020 124

7.8.1 Saudi Arabia, Overview 124

7.8.2 Saudi Arabia, Steam Turbine Market, Market Size and Growth Analysis, 2000–2020 126

7.8.3 Saudi Arabia, Steam Turbine Market, Revenue Analysis and Forecast, 2000–2020 129

7.8.4 Saudi Arabia, Steam Turbine Market, Market Share Analysis by Capacity, 2011 131

7.8.5 Saudi Arabia, Steam Turbine Market, Pricing Analysis, 2000–2020 133

7.8.6 Saudi Arabia, Steam Turbine Market, Regulations 135

7.9 South Korea, Steam Turbine Market, Market Analysis, 2000–2020 136

7.9.1 South Korea, Overview 136

7.9.2 South Korea, Steam Turbine Market, Market Size and Growth Analysis, 2000–2020 138

7.9.3 South Korea, Steam Turbine Market, Revenue Analysis and Forecast, 2000–2020 141

7.9.4 South Korea, Steam Turbine Market, Market Share Analysis by Capacity, 2011 143

7.9.5 South Korea, Steam Turbine Market, Pricing Analysis, 2000–2020 144

7.9.6 South Korea, Steam Turbine Market, Regulations 146

7.10 The US, Steam Turbine Market, Market Analysis, 2000–2020 148

7.10.1 The US, Overview 148

7.10.2 The US, Steam Turbine Market, Market Size and Growth Analysis, 2000–2020 149

7.10.3 The US, Steam Turbine Market, Revenue Analysis and Forecast, 2000–2020 153

7.10.4 The US, Steam Turbine Market, Market Share Analysis by Capacity, 2011 155

7.10.5 The US, Steam Turbine Market, Pricing Analysis, 2000–2020 157

7.10.6 The US, Steam Turbine Market, Regulations 159

8 Global, Steam Turbine Market, Key Players, SWOT Analysis 162

8.1 Global, Steam Turbine Market, Leading Player: Shanghai Electric Group Company 162

8.1.1 Shanghai Electric Group, Company Overview 162

8.1.2 Shanghai Electric Group, Business Description 162

8.1.3 Shanghai Electric Group, SWOT Analysis 163

8.2 Global, Steam Turbine Market, Leading Player: Dongfang Electric Corporation Ltd. 167

8.2.1 Dongfang Electric Corporation, Company Overview 167

8.2.2 Dongfang Electric Corporation, Business Description 167

8.2.3 Dongfang Electric Corporation, SWOT Analysis 168

8.3 Global, Steam Turbine Market, Leading Player: Harbin Power Equipment Company Limited 171

8.3.1 Harbin Power Equipment Company Limited, Company Overview 171

8.3.2 Harbin Power Equipment Company Limited, Business Description 171

8.3.3 Harbin Power Equipment Company Limited, SWOT Analysis 172

8.4 Global, Steam Turbine Market, Leading Player: Bharat Heavy Electricals Ltd. 175

8.4.1 Bharat Heavy Electricals Ltd., Company Overview 175

8.4.2 Bharat Heavy Electricals Ltd., Business Description 175

8.4.3 Bharat Heavy Electricals Ltd., SWOT Analysis 176

9 Appendix 180

9.1 Definitions 180

9.1.1 Power 180

9.1.2 Installed Capacity 180

9.1.3 Electricity Generation 180

9.1.4 Electricity Consumption 180

9.1.5 Thermal Power 180

9.1.6 Hydro Power 180

9.1.7 Nuclear Power 180

9.1.8 Renewable Energy Resources 180

9.1.9 Repowering 180

9.1.10 Market Size 180

9.2 Abbreviations 181

9.3 Bibliography 182

9.4 Methodology 183

9.5 Coverage 183

9.6 Secondary Research 183

9.7 Primary Research 184

9.8 Modeling and Forecasting 184

9.9 Contact Us 184

9.10 Disclaimer 184

1.1 List of Tables

Table 1: Thermal Energy, Global, Installed Capacity by Country (%), 2011 11

Table 2: Power Industry, Global, Cumulative Installed Capacity (MW), 2000–2020 15

Table 3: Power Industry, Global, Power Generation (GWh), 2000–2020 17

Table 4: Thermal Power Industry, Global, Installed Capacity (MW), 2000–2020 19

Table 5: Global, Thermal Power Industry, Power Generation (GWh), 2000–2020 21

Table 6: Steam Turbine Market, Global, Units Sold, 2000–2020 23

Table 7: Steam Turbine Market, Global, Revenues ($m), 2000–2020 25

Table 8: Steam Turbine Market, Global, Market Shares (%), 2011 27

Table 9: Proven Coal Reserves, Global, Country Shares (%), 2010 29

Table 10: Power Industry, Global, Power Consumption (GWh), 2000–2020 31

Table 11: Global, Clean Energy Investments, 2004–2010 34

Table 12: Cumulative Installed Capacity, Australia, Installed Capacity by Fuel Type (%), 2011 35

Table 13: Steam Turbine Market, Australia, Leading Planned Power Plants, 2012-2020 37

Table 14: Steam Turbine Market, Australia, Units Sold, 2000–2020 39

Table 15: Steam Turbine Market, Australia, Revenues ($m), 2000–2020 41

Table 16: Steam Turbine Market, Australia, Average Price ($/kW), 2000–2020 43

Table 17: Cumulative Installed Capacity, China, Installed Capacity by Fuel Type (%), 2011 46

Table 18: Steam Turbine Market, China, Leading Planned Power Plants, 2012-2020 48

Table 19: Steam Turbine Market, China, Units Sold, 2000–2020 51

Table 20: Steam Turbine Market, China, Revenues ($m), 2000–2020 54

Table 21: Steam Turbine Market, China, Market Share by Capacity (%), 2004-2009 55

Table 22: Steam Turbine Market, China, Units and Capacity Contracted, 2010 55

Table 23: Steam Turbine Market, China, Market Share by Capacity (%), 2010 56

Table 24: Steam Turbine Market, China, Average Price ($/kW), 2000–2020 58

Table 25: Cumulative Installed Capacity, Germany, Installed Capacity by Fuel Type (%), 2011 62

Table 26: Steam Turbine Market, Germany, Leading Planned Power Plants 63

Table 27: Steam Turbine Market, Germany, Units Sold, 2000–2020 66

Table 28: Steam Turbine Market, Germany, Revenues ($m), 2000–2020 68

Table 29: Steam Turbine Market, Germany, Market Share by Capacity (%), 2004-2011 69

Table 30: Steam Turbine Market, Germany, Average Price ($/kW), 2000–2020 71

Table 31: Cumulative Installed Capacity, India, Installed Capacity by Fuel Type (%), 2011 76

Table 32: Steam Turbine Market, India, Units Sold, 2000–2020 78

Table 33: Steam Turbine Market, India, Revenues ($m), 2000–2020 81

Table 34: Steam Turbine Market, India, Market Share by Capacity (%), 2011 83

Table 35: Steam Turbine Market, India, Average Price ($/kW), 2000–2020 84

Table 36: Cumulative Installed Capacity, Indonesia, Installed Capacity by Fuel Type (%), 2011 87

Table 37: Steam Turbine Market, Indonesia, Leading Planned Power Plants 89

Table 38: Steam Turbine Market, Indonesia, Units Sold, 2000–2020 91

Table 39: Steam Turbine Market, Indonesia, Revenues ($m), 2000–2020 93

Table 40: Steam Turbine Market, Indonesia, Market Share by Capacity (%), 2004-2011 94

Table 41: Steam Turbine Market, Indonesia, Average Price ($/kW), 2000–2020 96

Table 42: Cumulative Installed Capacity, Italy, Installed Capacity by Fuel Type (%), 2011 98

Table 43: Steam Turbine Market, Italy, Leading Planned Power Plants 100

Table 44: Steam Turbine Market, Italy, Units Sold, 2000–2020 102

Table 45: Steam Turbine Market, Italy, Revenues ($m), 2000–2020 105

Table 46: Steam Turbine Market, Italy, Average Price ($/kW), 2000–2020 108

Table 47: Cumulative Installed Capacity, Russia, Installed Capacity by Fuel Type (%), 2011 111

Table 48: Steam Turbine Market, Russia, Planned Power Plants 113

Table 49: Steam Turbine Market, Russia, Units Sold, 2000–2020 116

Table 50: Steam Turbine Market, Russia, Revenues ($m), 2000–2020 119

Table 51: Steam Turbine Market, Russia, Market Share by Capacity (%), 2011 121

Table 52: Steam Turbine Market, Russia, Average Price ($/kW), 2000–2020 122

Table 53: Cumulative Installed Capacity, Saudi Arabia, Installed Capacity by Fuel Type (%), 2011 125

Table 54: Steam Turbine Market, Saudi Arabia, Leading Planned Power Plants 126

Table 55: Steam Turbine Market, Saudi Arabia, Units Sold, 2000–2020 128

Table 56: Steam Turbine Market, Saudi Arabia, Revenues ($m), 2000–2020 130

Table 57: Steam Turbine Market, Saudi Arabia, Market Share by Capacity (%), 2004-2010 131

Table 58: Steam Turbine Market, Saudi Arabia, Market Share by Capacity (%), 2011 132

Table 59: Steam Turbine Market, Saudi Arabia, Average Price ($/kW), 2000–2020 134

Table 60: Cumulative Installed Capacity, South Korea, Installed Capacity by Fuel Type (%), 2011 137

Table 61: Steam Turbine Market, South Korea, Units Sold, 2000–2020 140

Table 62: Steam Turbine Market, South Korea, Revenues ($m), 2000–2020 142

Table 63: Steam Turbine Market, South Korea, Market Share by Capacity (%), 2011 143

Table 64: Steam Turbine Market, South Korea, Average Price ($/kW), 2000–2020 145

Table 65: Power Market, South Korea, Expenditure on Green Growth ($bn), 2009–2013 147

Table 66: Cumulative Installed Capacity, The US, Installed Capacity by Fuel Type (%), 2011 148

Table 67: Steam Turbine Market, The US, Leading Planned Power Plants 150

Table 68: Steam Turbine Market, The US, Units Sold, 2000–2020 152

Table 69: Steam Turbine Market, The US, Revenues ($m), 2000–2020 154

Table 70: Steam Turbine Market, The US, Market Share by Capacity (%), 2004-2010 155

Table 71: Steam Turbine Market, The US, Market Share by Capacity (%), 2011 156

Table 72: Steam Turbine Market, The US, Average Price ($/kW), 2000–2020 158

Table 73: Shanghai Electric Group Company Ltd., SWOT Analysis 163

Table 74: Dongfang Electric Corporation Ltd., SWOT Analysis 168

Table 75: Bharat Heavy Electricals Ltd., SWOT Analysis 176

Table 76: Abbreviations 181

1.2 List of Figures

Figure 1: Thermal Energy, Global, Installed Capacity by Country (%), 2011 10

Figure 2: Steam Turbine Function 12

Figure 3: Gas Turbine Function 12

Figure 4: Power Industry, Global, Cumulative Installed Capacity (MW), 2000–2020 14

Figure 5: Power Industry, Global, Power Generation (GWh), 2000–2020 16

Figure 6: Thermal Power Industry, Global, Installed Capacity (MW), 2000–2020 18

Figure 7: Thermal Power Industry, Global, Power Generation (GWh), 2000–2020 20

Figure 8: Steam Turbine Market, Global, Units Sold, 2000–2020 22

Figure 9: Steam Turbine Market, Global, Revenues ($m), 2000–2020 24

Figure 10: Steam Turbine Market, Global, Market Shares by Capacity (%), 2011 27

Figure 11: Proven Coal Reserves, Global, Country Shares (%), 2010 28

Figure 12: Power Industry, Global, Power Consumption (GWh), 2000–2020 30

Figure 13: Steam Turbine Market, Global, Drivers, 2012–2020 32

Figure 14: Global, Clean Energy Investments, 2004–2010 33

Figure 15: Steam Turbine Market, Global, Restraints, 2012–2020 34

Figure 16: Cumulative Installed Capacity, Australia, Installed Capacity by Fuel Type (%), 2011 35

Figure 17: Steam Turbine Market, Australia, Units Sold, 2000–2020 38

Figure 18: Steam Turbine Market, Australia, Revenues ($m), 2000–2020 40

Figure 19: Steam Turbine Market, Australia, Average Price ($/kW), 2000–2020 42

Figure 20: Cumulative Installed Capacity, China, Installed Capacity by Fuel Type (%), 2011 46

Figure 21: Steam Turbine Market, China, Units Sold, 2000–2020 50

Figure 22: Steam Turbine Market, China, Revenues ($m), 2000–2020 53

Figure 23: Steam Turbine Market, China, Market Share by Capacity (%), 2010 56

Figure 24: Steam Turbine Market, China, Average Price ($/kW), 2000–2020 57

Figure 25: Cumulative Installed Capacity, Germany, Installed Capacity by Fuel Type (%), 2011 62

Figure 26: Steam Turbine Market, Germany, Units Sold, 2000–2020 65

Figure 27: Steam Turbine Market, Germany, Revenues ($m), 2000–2020 67

Figure 28: Steam Turbine Market, Germany, Average Price ($/kW), 2000–2020 70

Figure 29: Cumulative Installed Capacity, India, Installed Capacity by Fuel Type (%), 2011 75

Figure 30: Steam Turbine Market, India, Units Sold, 2000–2020 77

Figure 31: Steam Turbine Market, India, Revenues ($m), 2000–2020 80

Figure 32: Steam Turbine Market, India, Market Share by Capacity (%), 2011 82

Figure 33: Steam Turbine Market, India, Average Price ($/kW), 2000–2020 83

Figure 34: Cumulative Installed Capacity, Indonesia, Installed Capacity by Fuel Type (%), 2011 87

Figure 35: Steam Turbine Market, Indonesia, Units Sold, 2000–2020 90

Figure 36: Steam Turbine Market, Indonesia, Revenues ($m), 2000–2020 92

Figure 37: Steam Turbine Market, Indonesia, Average Price ($/kW), 2000–2020 95

Figure 38: Cumulative Installed Capacity, Italy, Installed Capacity by Fuel Type (%), 2011 98

Figure 39: Steam Turbine Market, Italy, Units Sold, 2000–2020 101

Figure 40: Steam Turbine Market, Italy, Revenues ($m), 2000–2020 104

Figure 41: Steam Turbine Market, Italy, Average Price ($/kW), 2000–2020 107

Figure 42: Cumulative Installed Capacity, Russia, Installed Capacity by Fuel Type (%), 2011 111

Figure 43: Steam Turbine Market, Russia, Units Sold, 2000–2020 115

Figure 44: Steam Turbine Market, Russia, Revenues ($m), 2000–2020 118

Figure 45: Steam Turbine Market, Russia, Market Share by Capacity (%), 2011 120

Figure 46: Steam Turbine Market, Russia, Average Price ($/kW), 2000–2020 121

Figure 47: Cumulative Installed Capacity, Saudi Arabia, by Type of Power Plant (%), 2011 124

Figure 48: Steam Turbine Market, Saudi Arabia, Units Sold, 2000–2020 127

Figure 49: Steam Turbine Market, Saudi Arabia, Revenues ($m), 2000–2020 129

Figure 50: Steam Turbine Market, Saudi Arabia, Market Share by Capacity (%), 2011 132

Figure 51: Steam Turbine Market, Saudi Arabia, Average Price ($/kW), 2000–2020 133

Figure 52: Cumulative Installed Capacity, South Korea, Installed Capacity by Fuel Type (%), 2011 136

Figure 53: Steam Turbine Market, South Korea, Units Sold, 2000–2020 139

Figure 54: Steam Turbine Market, South Korea, Revenues ($m), 2000–2020 141

Figure 55: Steam Turbine Market, South Korea, Market Share by Capacity (%), 2011 143

Figure 56: Steam Turbine Market, South Korea, Average Price ($/kW), 2000–2020 144

Figure 57: Cumulative Installed Capacity, The US, Installed Capacity by Fuel Type (%), 2011 148

Figure 58: Steam Turbine Market, The US, Units Sold, 2000–2020 151

Figure 59: Steam Turbine Market, The US, Revenues ($m), 2000–2020 153

Figure 60: Steam Turbine Market, The US, Market Share by Capacity (%), 2011 156

Figure 61: Steam Turbine Market, The US, Average Price ($/kW), 2000–2020 157