Steam Boiler Market Size, Share & Trends Analysis Report By Type (Water Tube Boiler, Fire Tube Boiler), By Pressure (Low Pressure, Medium Pressure, High Pressure), By Fuel Type (Coal-Fired, Oil Fired, Gas Fired, Electric Steam Boiler, Others), By End-Use Industry (Power Generation, Oil & Gas, Chemical, Process Industry, Pharmaceticules, Metals, Others) and By Region(North America, Europe, APAC, Middle East and Africa, LATAM) Forecasts, 2024-2032
Market Overview
The global steam turbine market size was valued at USD 22.3 billion in 2022. It is projected to reach USD 28.8 billion by 2031, growing at a CAGR of 2.9% during the forecast period (2023–2031).
Fundamentally, steam turbines ar
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