LAMEA Steam Turbine Market Size, Trends & Growth to 2028

LAMEA Steam Turbine Market Size, Share & Industry Trends Analysis Report By Capacity (151 to 300 MW, Up to 150 MW and More than 300 MW), By End User, By Technology, By Design (Impulse and Reaction), By Country and Growth Forecast, 2022 - 2028

Published Date: October-2022 | Number of Pages: 99 | Format: PDF | Report ID: KBV-20618

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Market Report Description

The Latin America, Middle East and Africa Steam Turbine Market would witness market growth of 5.5% CAGR during the forecast period (2022-2028).

Using parts 3–4 of the Rankine cycle, the steam turbine runs on fundamental thermodynamic principles. Depending on the application, superheated steam (or dry saturated steam) exits the burner at high temperatures and high pressure. Steam obtains kinetic energy at the turbine's entrance by flowing through a nozzle, a fixed nozzle in an impulse-type turbine, or the fixed blades in a reaction-type turbine. When the steam emerges from the nozzle, it is travelling quickly in the direction of the turbine rotor's blades. The pressure of the vapor on the blades creates a force that causes them to move.

Steam turbines have advantages over reciprocating engines in steamships, including smaller size, lighter weight, less maintenance, and lower vibration. The most efficient propeller designs are for speeds under 300 RPM, whereas a steam turbine is only effective at speeds in the thousands of RPM. As a result, precise (and therefore expensive) reduction gears are typically needed, even though many early ships through World War I, like Turbinid, had direct drive from the steam turbines to the propellers.

The M-Station expansion project in Jebel Ali's turbine testing has begun under the direction of the Dubai Electricity and Water Authority (DEWA). The largest and newest water desalination and energy-producing facility in the UAE are called M-Station. The enlargement project will cost AED 1.47 billion. Turbine and power generator startup tests also involve coupling them to the grid. The quality and dependability of the units when they are linked to the grid must be ensured by these tests. Testing will continue till the project is finished in Q4 of 2018. The project helps DEWA realize its goal of developing into a leading utility. The growing government initiatives propels the adoption of the steam turbine industry in this region.

The Brazil market dominated the LAMEA Reaction Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $121.4 Million by 2028. The Argentina market is experiencing a CAGR of 7.8% during (2022 - 2028). Additionally, The UAE market would exhibit a CAGR of 7.1% during (2022 - 2028).

Based on Capacity, the market is segmented into 151 to 300 MW, Up to 150 MW and More than 300 MW. Based on End User, the market is segmented into Power Generation, Oil & Gas, Petrochemical and Others. Based on Technology, the market is segmented into Steam Cycle, Combined Cycle and Cogeneration. Based on Design, the market is segmented into Impulse and Reaction. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.

Free Valuable Insights: The Global Steam Turbine Market is Predict to reach $19.5 Billion by 2028, at a CAGR of 3.5%

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include General Electric (GE) Co., Siemens AG, Toshiba Corporation, Elliott Group (Ebara Corporation), Mitsubishi Heavy Industries Ltd. (Mitsubishi Power, Ltd.), MAN Energy Solutions SE (Volkswagen Group), Fuji Electric Co., Ltd., Kawasaki Heavy Industries, Ltd., Chola Turbo Machinery International Pvt. Ltd., and Turbine Generator Maintenance, Inc.

Scope of the Study

Market Segments Covered in the Report:

By Capacity

  • 151 to 300 MW
  • Up to 150 MW
  • More than 300 MW

By End User

  • Power Generation
  • Oil & Gas
  • Petrochemical
  • Others

By Technology

  • Steam Cycle
  • Combined Cycle
  • Cogeneration

By Design

  • Impulse
  • Reaction

By Country

  • Brazil
  • Argentina
  • UAE
  • Saudi Arabia
  • South Africa
  • Nigeria
  • Rest of LAMEA

Key Market Players

List of Companies Profiled in the Report:

  • General Electric (GE) Co.
  • Siemens AG
  • Toshiba Corporation
  • Elliott Group (Ebara Corporation)
  • Mitsubishi Heavy Industries Ltd. (Mitsubishi Power, Ltd.)
  • MAN Energy Solutions SE (Volkswagen Group)
  • Fuji Electric Co., Ltd.
  • Kawasaki Heavy Industries, Ltd.
  • Chola Turbo Machinery International Pvt. Ltd.
  • Turbine Generator Maintenance, Inc.

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Related Reports:

Global Steam Turbine Market Report 2022-2028

North America Steam Turbine Market Report 2022-2028

Asia Pacific Steam Turbine Market Report 2022-2028

Europe Steam Turbine Market Report 2022-2028

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