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PUBLISHER: KBV Research | PRODUCT CODE: 1483654

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PUBLISHER: KBV Research | PRODUCT CODE: 1483654

North America Turbo Generator Market Size, Share & Trends Analysis Report By Type (Gas Turbine Generator, Steam Turbine Generator, and Water Turbine Generator), By End User, By Cooling System, By Country and Growth Forecast, 2024 - 2031

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The North America Turbo Generator Market would witness market growth of 4.0% CAGR during the forecast period (2024-2031).

The US market dominated the North America Turbo Generator Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $1,508.6 million by 2031. The Canada market is experiencing a CAGR of 6.4% during (2024 - 2031). Additionally, The Mexico market would exhibit a CAGR of 5.5% during (2024 - 2031).

Power plants employ a turbo generator to transform mechanical energy into electrical energy. A turbo generator typically consists of a turbine paired to a generator powered by steam, gas, or water flow. The generator creates electricity via electromagnetic induction due to the turbine's rotation.

Additionally, thermal power plants, hydroelectric power plants, and renewable energy sources, including geothermal and wind power, frequently use turbo generators.

The growing adoption of electric vehicles in Mexico is increasing electricity demand. As more EVs are deployed on the roads, the demand for electric charging infrastructure and electricity generation capacity is also increasing in Mexico. It provides backup power for EV charging stations and support expanding charging infrastructure across Mexico.

Based on Type, the market is segmented into Gas Turbine Generator, Steam Turbine Generator, and Water Turbine Generator. Based on End User, the market is segmented into Coal Power Plants, Nuclear Power Plants, Gas Power Plants, and Others. Based on Cooling System, the market is segmented into Air Cooled, Water Cooled, and Hydrogen Cooled. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.

List of Key Companies Profiled

  • Suzlon Energy Limited
  • Beijing BEIZHONG Steam Turbine Generator Co., Ltd.
  • Andritz AG
  • Ansaldo Energia S.p.A.
  • Bharat Heavy Electricals Ltd.
  • Ebara Corporation
  • Mitsubishi Heavy Industries Ltd.
  • Siemens AG
  • Toshiba Corporation
  • General Electric Company

North America Turbo Generator Market Report Segmentation

By Type

  • Gas Turbine Generator
  • Steam Turbine Generator
  • Water Turbine Generator

By End User

  • Coal Power Plants
  • Nuclear Power Plants
  • Gas Power Plants
  • Others

By Cooling System

  • Air Cooled
  • Water Cooled
  • Hydrogen Cooled

By Country

  • US
  • Canada
  • Mexico
  • Rest of North America

Table of Contents

Chapter 1.Market Scope & Methodology

  • 1.1Market Definition
  • 1.2Objectives
  • 1.3Market Scope
  • 1.4Segmentation
    • 1.4.1North America Turbo Generator Market, by Type
    • 1.4.2North America Turbo Generator Market, by End User
    • 1.4.3North America Turbo Generator Market, by Cooling System
    • 1.4.4North America Turbo Generator Market, by Country
  • 1.5Methodology for the research

Chapter 2.Market at a Glance

  • 2.1Key Highlights

Chapter 3.Market Overview

  • 3.1Introduction
    • 3.1.1Overview
      • 3.1.1.1Market Composition and Scenario
  • 3.2Key Factors Impacting the Market
    • 3.2.1Market Drivers
    • 3.2.2Market Opportunities
    • 3.2.3Market Restraints
    • 3.2.4Market Challenges
  • 3.3Porter Five Forces Analysis

Chapter 4.North America Turbo Generator Market by Type

  • 4.1North America Gas Turbine Generator Market by Country
  • 4.2North America Steam Turbine Generator Market by Country
  • 4.3North America Water Turbine Generator Market by Country

Chapter 5.North America Turbo Generator Market by End User

  • 5.1North America Coal Power Plants Market by Country
  • 5.2North America Nuclear Power Plants Market by Country
  • 5.3North America Gas Power Plants Market by Country
  • 5.4North America Others Market by Country

Chapter 6.North America Turbo Generator Market by Cooling System

  • 6.1North America Air Cooled Market by Country
  • 6.2North America Water Cooled Market by Country
  • 6.3North America Hydrogen Cooled Market by Country

Chapter 7.North America Turbo Generator Market by Country

  • 7.1US Turbo Generator Market
    • 7.1.1US Turbo Generator Market by Type
    • 7.1.2US Turbo Generator Market by End User
    • 7.1.3US Turbo Generator Market by Cooling System
  • 7.2Canada Turbo Generator Market
    • 7.2.1Canada Turbo Generator Market by Type
    • 7.2.2Canada Turbo Generator Market by End User
    • 7.2.3Canada Turbo Generator Market by Cooling System
  • 7.3Mexico Turbo Generator Market
    • 7.3.1Mexico Turbo Generator Market by Type
    • 7.3.2Mexico Turbo Generator Market by End User
    • 7.3.3Mexico Turbo Generator Market by Cooling System
  • 7.4Rest of North America Turbo Generator Market
    • 7.4.1Rest of North America Turbo Generator Market by Type
    • 7.4.2Rest of North America Turbo Generator Market by End User
    • 7.4.3Rest of North America Turbo Generator Market by Cooling System

Chapter 8.Company Profiles

  • 8.1Suzlon Energy Limited
    • 8.1.1Company Overview
    • 8.1.2Financial Analysis
    • 8.1.3Segmental and Regional Analysis
  • 8.2Beijing Jingcheng Machinery Electric Holding Co., Ltd.
    • 8.2.1Company Overview
  • 8.3Andritz AG
    • 8.3.1Company Overview
    • 8.3.2Financial Analysis
    • 8.3.3Segmental and Regional Analysis
    • 8.3.4Research & Development Expenses
  • 8.4Ansaldo Energia S.p.A.
    • 8.4.1Company Overview
    • 8.4.2Financial Analysis
    • 8.4.3Regional Analysis
  • 8.5Bharat Heavy Electricals Ltd.
    • 8.5.1Company Overview
    • 8.5.2Financial Analysis
    • 8.5.3Segmental and Regional Analysis
    • 8.5.4Research & Development Expenses
    • 8.5.5SWOT Analysis
  • 8.6Ebara Corporation
    • 8.6.1Company Overview
    • 8.6.2Financial Analysis
    • 8.6.3Segmental and Regional Analysis
    • 8.6.4Research & Development Expenses
  • 8.7Mitsubishi Heavy Industries Ltd.
    • 8.7.1Company Overview
    • 8.7.2Financial Analysis
    • 8.7.3Segmental Analysis
    • 8.7.4Research & Development Expenses
    • 8.7.5SWOT Analysis
  • 8.8Siemens AG
    • 8.8.1Company Overview
    • 8.8.2Financial Analysis
    • 8.8.3Segmental and Regional Analysis
    • 8.8.4Research & Development Expense
    • 8.8.5SWOT Analysis
  • 8.9Toshiba Corporation
    • 8.9.1Company Overview
    • 8.9.2Financial Analysis
    • 8.9.3Segmental and Regional Analysis
    • 8.9.4Research and Development Expense
    • 8.9.5SWOT Analysis
  • 8.10.General Electric Company
    • 8.10.1Company Overview
    • 8.10.2Financial Analysis
    • 8.10.3Segmental and Regional Analysis
    • 8.10.4Research & Development Expense
    • 8.10.5SWOT Analysis

LIST OF TABLES

  • TABLE 1North America Turbo Generator Market, 2020 - 2023, USD Million
  • TABLE 2North America Turbo Generator Market, 2024 - 2031, USD Million
  • TABLE 3North America Turbo Generator Market by Type, 2020 - 2023, USD Million
  • TABLE 4North America Turbo Generator Market by Type, 2024 - 2031, USD Million
  • TABLE 5North America Gas Turbine Generator Market by Country, 2020 - 2023, USD Million
  • TABLE 6North America Gas Turbine Generator Market by Country, 2024 - 2031, USD Million
  • TABLE 7North America Steam Turbine Generator Market by Country, 2020 - 2023, USD Million
  • TABLE 8North America Steam Turbine Generator Market by Country, 2024 - 2031, USD Million
  • TABLE 9North America Water Turbine Generator Market by Country, 2020 - 2023, USD Million
  • TABLE 10North America Water Turbine Generator Market by Country, 2024 - 2031, USD Million
  • TABLE 11North America Turbo Generator Market by End User, 2020 - 2023, USD Million
  • TABLE 12North America Turbo Generator Market by End User, 2024 - 2031, USD Million
  • TABLE 13North America Coal Power Plants Market by Country, 2020 - 2023, USD Million
  • TABLE 14North America Coal Power Plants Market by Country, 2024 - 2031, USD Million
  • TABLE 15North America Nuclear Power Plants Market by Country, 2020 - 2023, USD Million
  • TABLE 16North America Nuclear Power Plants Market by Country, 2024 - 2031, USD Million
  • TABLE 17North America Gas Power Plants Market by Country, 2020 - 2023, USD Million
  • TABLE 18North America Gas Power Plants Market by Country, 2024 - 2031, USD Million
  • TABLE 19North America Others Market by Country, 2020 - 2023, USD Million
  • TABLE 20North America Others Market by Country, 2024 - 2031, USD Million
  • TABLE 21North America Turbo Generator Market by Cooling System, 2020 - 2023, USD Million
  • TABLE 22North America Turbo Generator Market by Cooling System, 2024 - 2031, USD Million
  • TABLE 23North America Air Cooled Market by Country, 2020 - 2023, USD Million
  • TABLE 24North America Air Cooled Market by Country, 2024 - 2031, USD Million
  • TABLE 25North America Water Cooled Market by Country, 2020 - 2023, USD Million
  • TABLE 26North America Water Cooled Market by Country, 2024 - 2031, USD Million
  • TABLE 27North America Hydrogen Cooled Market by Country, 2020 - 2023, USD Million
  • TABLE 28North America Hydrogen Cooled Market by Country, 2024 - 2031, USD Million
  • TABLE 29North America Turbo Generator Market by Country, 2020 - 2023, USD Million
  • TABLE 30North America Turbo Generator Market by Country, 2024 - 2031, USD Million
  • TABLE 31US Turbo Generator Market, 2020 - 2023, USD Million
  • TABLE 32US Turbo Generator Market, 2024 - 2031, USD Million
  • TABLE 33US Turbo Generator Market by Type, 2020 - 2023, USD Million
  • TABLE 34US Turbo Generator Market by Type, 2024 - 2031, USD Million
  • TABLE 35US Turbo Generator Market by End User, 2020 - 2023, USD Million
  • TABLE 36US Turbo Generator Market by End User, 2024 - 2031, USD Million
  • TABLE 37US Turbo Generator Market by Cooling System, 2020 - 2023, USD Million
  • TABLE 38US Turbo Generator Market by Cooling System, 2024 - 2031, USD Million
  • TABLE 39Canada Turbo Generator Market, 2020 - 2023, USD Million
  • TABLE 40Canada Turbo Generator Market, 2024 - 2031, USD Million
  • TABLE 41Canada Turbo Generator Market by Type, 2020 - 2023, USD Million
  • TABLE 42Canada Turbo Generator Market by Type, 2024 - 2031, USD Million
  • TABLE 43Canada Turbo Generator Market by End User, 2020 - 2023, USD Million
  • TABLE 44Canada Turbo Generator Market by End User, 2024 - 2031, USD Million
  • TABLE 45Canada Turbo Generator Market by Cooling System, 2020 - 2023, USD Million
  • TABLE 46Canada Turbo Generator Market by Cooling System, 2024 - 2031, USD Million
  • TABLE 47Mexico Turbo Generator Market, 2020 - 2023, USD Million
  • TABLE 48Mexico Turbo Generator Market, 2024 - 2031, USD Million
  • TABLE 49Mexico Turbo Generator Market by Type, 2020 - 2023, USD Million
  • TABLE 50Mexico Turbo Generator Market by Type, 2024 - 2031, USD Million
  • TABLE 51Mexico Turbo Generator Market by End User, 2020 - 2023, USD Million
  • TABLE 52Mexico Turbo Generator Market by End User, 2024 - 2031, USD Million
  • TABLE 53Mexico Turbo Generator Market by Cooling System, 2020 - 2023, USD Million
  • TABLE 54Mexico Turbo Generator Market by Cooling System, 2024 - 2031, USD Million
  • TABLE 55Rest of North America Turbo Generator Market, 2020 - 2023, USD Million
  • TABLE 56Rest of North America Turbo Generator Market, 2024 - 2031, USD Million
  • TABLE 57Rest of North America Turbo Generator Market by Type, 2020 - 2023, USD Million
  • TABLE 58Rest of North America Turbo Generator Market by Type, 2024 - 2031, USD Million
  • TABLE 59Rest of North America Turbo Generator Market by End User, 2020 - 2023, USD Million
  • TABLE 60Rest of North America Turbo Generator Market by End User, 2024 - 2031, USD Million
  • TABLE 61Rest of North America Turbo Generator Market by Cooling System, 2020 - 2023, USD Million
  • TABLE 62Rest of North America Turbo Generator Market by Cooling System, 2024 - 2031, USD Million
  • TABLE 63Key Information - Suzlon Energy Limited
  • TABLE 64Key Information - Beijing Jingcheng Machinery Electric Holding Co., Ltd.,
  • TABLE 65Key Information - Andritz AG
  • TABLE 66Key Information - Ansaldo Energia S.p.A.
  • TABLE 67Key information - Bharat Heavy Electricals Ltd.
  • TABLE 68Key Information - Ebara Corporation
  • TABLE 69Key Information - Mitsubishi Heavy Industries Ltd.
  • TABLE 70Key Information - Siemens AG
  • TABLE 71Key Information - Toshiba Corporation
  • TABLE 72Key Information - General Electric Company
Have a question?
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Jeroen Van Heghe

Manager - EMEA

+32-2-535-7543

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Christine Sirois

Manager - Americas

+1-860-674-8796

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