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Last Updated: Apr 25, 2025 | Study Period: 2022-2030
A turbine powered by steam, gas, or water that generates electricity is called turbine generators. Wind turbines, hydropower, heat engines, and propulsion all require turbines. Due to the fact that almost all electricity is created by converting mechanical energy from a turbine into electrical energy via a generator, turbines are very significant.
For the purpose of producing electricity, a turbo generator is an electric generator attached to the shaft of a steam turbine or gas turbine. The majority of the world's electricity is produced by large steam-powered turbo generators, which are also used by steam-powered turbo-electric ships. Auxiliary power units (APU), primarily for airplanes, frequently utilize small turbo-generators powered by gas turbines.
The global turbine generators market accounted for $XX Billion in 2021 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2022 to 2030.
Launch of a 10 MW offshore wind turbine by Siemens Gamesa.The first 10+ MW offshore wind turbine from Siemens Gamesa Renewable Energy (SGRE), the world leader in the offshore sector, was unveiled .The newest wind turbine in the SGRE offshore product portfolio draws on tested technology for optimal energy yield at all wind speeds based on the experience of its previous generations.
It increases profitability and decreases costs while providing the same reliability. Launch of a 10 MW offshore wind turbine by Siemens Gamesa.Pact Between Inox Wind and AMSC to Start 3MW Wind Turbines . In order to introduce the 3 MW wind turbine, which is particularly well suited for low wind regimes in India, Inox Wind has inked an exclusive deal with AMSC, a solutions provider serving the wind and power grid business.
The 3 MW wind turbine platform has been successfully used all around the world. This deal follows the issuance of the license for the 2 MW range of wind turbines that Inox Wind is currently selling.
The 3 MW wind turbine strengthens the position of the business and expands Inox Wind's current WTG product range. In India, the 3 MW wind turbine will be a ground-breaking product that will increase energy outputs and lower levelized cost of energy (LCoE).
As part of the Submarine Hydrokinetic and Riverine Kilo-megawatt Systems programme, BladeRunner and the Alaska Center for Energy and Power (AECP) at the University of Alaska Fairbanks deployed and tested the first full-scale BladeRunner prototype.
It is one of the initiatives funded by the Advanced Research Projects Agency-Energy of the U.S. Department of Energy to create high-risk, high-potential methods for riverine and tidal energy.
The turbine rotor is attached to a flexible but torsionally robust wire in the BladeRunner design, allowing the turbine to submerge while maintaining the generator housing above the water.
The management of debris is a crucial component of this innovative system architecture, which seeks to overcome the various challenges associated with the deployment of hydrokinetic devices in distant riverine locales.
The world's top gas turbine manufacturers, including Siemens, Zorya-Mashproekt (Ukraine), Mitsubishi Hitachi Power Systems, and United Engine Corporation (Russia), have strategic partnerships with GH TURBINE as a manufacturer of gas turbines with decades of research and development design experience and experienced gas turbine unit integrators.
These partnerships involve extensive cooperation in terms of product introduction, system integration, and post-sale services.
A prominent producer of sophisticated gas turbine-based generator sets, OPRA Turbines B.V., announced that it has now partnered with AFGlobal for the American market. In accordance with the Agreement, AFGlobal will represent OPRA in the Americas as a reseller, packager, and service provider.
From AFGlobal's regional facilities in the Americas, OPRA and AFGlobal will begin delivering OP16 gas turbine packages that have been specifically designed for the market.
| Sl no | Topic |
| 1 | Market Segmentation |
| 2 | Scope of the report |
| 3 | Abbreviations |
| 4 | Research Methodology |
| 5 | Executive Summary |
| 6 | Introduction |
| 7 | Insights from Industry stakeholders |
| 8 | Cost breakdown of Product by sub-components and average profit margin |
| 9 | Disruptive innovation in the Industry |
| 10 | Technology trends in the Industry |
| 11 | Consumer trends in the industry |
| 12 | Recent Production Milestones |
| 13 | Component Manufacturing in US, EU and China |
| 14 | COVID-19 impact on overall market |
| 15 | COVID-19 impact on Production of components |
| 16 | COVID-19 impact on Point of sale |
| 17 | Market Segmentation, Dynamics and Forecast by Geography, 2022-2030 |
| 18 | Market Segmentation, Dynamics and Forecast by Product Type, 2022-2030 |
| 19 | Market Segmentation, Dynamics and Forecast by Application, 2022-2030 |
| 20 | Market Segmentation, Dynamics and Forecast by End use, 2022-2030 |
| 21 | Product installation rate by OEM, 2022 |
| 22 | Incline/Decline in Average B-2-B selling price in past 5 years |
| 23 | Competition from substitute products |
| 24 | Gross margin and average profitability of suppliers |
| 25 | New product development in past 12 months |
| 26 | M&A in past 12 months |
| 27 | Growth strategy of leading players |
| 28 | Market share of vendors, 2022 |
| 29 | Company Profiles |
| 30 | Unmet needs and opportunity for new suppliers |
| 31 | Conclusion |
| 32 | Appendix |
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