"According to a new country report published by Lucintel, the future of the steam turbine market in the United States looks good with opportunities in coal-fired, gas-fired, and nuclear energy based power generation. The steam turbine market for power generation in the United States is primarily driven by growing global electricity demand and relatively lower cost of electricity generation by steam turbine.

This report studies factors affecting the steam turbine market for power generation in the United States from both demand and supply sides. The report also analyzes growth opportunities in different applications and provides comprehensive data and analysis on trends, key drivers, and directions.

Among various growth areas, Lucintel forecasts that steam turbine used in coal based power generation is expected to remain the largest segment. Abundance in the availability of coal and lower cost of generating electricity through coal-fired power plants is likely to drive this segment over the forecast period. Within the steam turbine market for power generation in the United States, the ‘600 MW and above’ turbine is expected to remain the largest segment. High efficiency as compared to smaller turbines is driving growth of this segment over the forecast period .

Emerging trend, which has a direct impact on the dynamics of the steam turbine market for power generation industry, include development of more efficient turbines.

Lucintel, a leading global strategic consulting and market research firm, has analyzed the current market trends, forecasts, new market opportunities, and competitive landscape for the steam turbine market for power generation in the United States and has come up with a comprehensive research report entitled “Opportunities for the Steam Turbine Market for Power Generation in the United States.” The Lucintel report serves as a catalyst for growth strategies, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes the market size and forecast for the steam turbine market for power generation in the United States by by plant fuel, turbine size, and thermal power plant type as follows:

Steam Turbine Market for Power Generation by plant fuel [Volume (GW) and Value ($ billion) from 2014 to 2025]:
• Coal
• Gas
• Nuclear

Steam Turbine Market for Power Generation by turbine size [Volume (GW) and Value ($ billion) from 2014 to 2025]:
• Less than 300 MW
• 300 MW to 599 MW
• 600 MW and above

Steam Turbine Market for Power Generation by thermal power plant type [Volume (GW) and Value ($ billion) from 2014 to 2025]:
• Steam Cycle
• Combined Cycle
• Cogeneration

This 60-page country research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed scope, benefits, and other details of this report, please contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/United-States/steam-turbine-for-power-generation.aspx or write to us at [email protected]

About Lucintel
Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com "