Turbine Motor Market Size, Growth, Global Trends, Forecast 2034
Turbine Motor Market By Phase (Three Phase and Single Phase), By Application (Water Turbine, Wind Turbine, Steam Turbine, and Gas Turbine), and By Region - Global and Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, and Forecasts 2025 - 2034
Category: Energy & Mining Report Format : PDF
Pages: 211 Report Code: ZMR-9699
Published Date: Jul-2025 Status : Published
| Market Size in 2024 | Market Forecast in 2034 | CAGR (in %) | Base Year |
|---|---|---|---|
| USD 10.26 Billion | USD 19.81 Billion | 6.80% | 2024 |
Table Of Content
- Chapter 1. Preface
- 1.1 Report Description and Scope
- 1.2 Research scope
- 1.3 Research methodology
- 1.3.1 Market Research Type
- 1.3.2 Market research methodology
- Chapter 2. Executive Summary
- 2.1 Global Turbine Motor Market, (2025 - 2034) (USD Billion )
- 2.2 Global Turbine Motor Market : snapshot
- Chapter 3. Global Turbine Motor Market - Industry Analysis
- 3.1 Turbine Motor Market: Market Dynamics
- 3.2 Market Drivers
- 3.2.1 Increasing demand for more power worldwide to deliver improved revenue in the industry
- 3.3 Market Restraints
- 3.3.1. High cost of technology development and application will affect market revenue
- 3.4 Market Opportunities
- 3.4.1. Emerging technological evolution in the industry to generate growth opportunities in the long run
- 3.5 Market Challenges
- 3.5.1. Limited availability of skilled resources and risk of intellectual property (IP) theft creates challenges
- 3.6 Porter’s Five Forces Analysis
- 3.7 Market Attractiveness Analysis
- 3.7.1 Market attractiveness analysis By Phase
- 3.7.2 Market attractiveness analysis By Application
- Chapter 4. Global Turbine Motor Market- Competitive Landscape
- 4.1 Company market share analysis
- 4.1.1 Global Turbine Motor Market: company market share, 2024
- 4.2 Strategic development
- 4.2.1 Acquisitions & mergers
- 4.2.2 New Product launches
- 4.2.3 Agreements, partnerships, cullaborations, and joint ventures
- 4.2.4 Research and development and Regional expansion
- 4.3 Price trend analysis
- 4.1 Company market share analysis
- Chapter 5. Global Turbine Motor Market - Phase Analysis
- 5.1 Global Turbine Motor Market overview: By Phase
- 5.1.1 Global Turbine Motor Market share, By Phase, 2024 and 2034
- 5.2 PhaseThree Phase
- 5.2.1 Global Turbine Motor Market by PhaseThree Phase, 2025 - 2034 (USD Billion )
- 5.3 Single Phase
- 5.3.1 Global Turbine Motor Market by Single Phase, 2025 - 2034 (USD Billion )
- 5.1 Global Turbine Motor Market overview: By Phase
- Chapter 6. Global Turbine Motor Market - Application Analysis
- 6.1 Global Turbine Motor Market overview: By Application
- 6.1.1 Global Turbine Motor Market share, By Application, 2024 and 2034
- 6.2 Water Turbine
- 6.2.1 Global Turbine Motor Market by Water Turbine, 2025 - 2034 (USD Billion )
- 6.3 Wind Turbine
- 6.3.1 Global Turbine Motor Market by Wind Turbine, 2025 - 2034 (USD Billion )
- 6.4 Steam Turbine
- 6.4.1 Global Turbine Motor Market by Steam Turbine, 2025 - 2034 (USD Billion )
- 6.5 Steam Turbine
- 6.5.1 Global Turbine Motor Market by Steam Turbine, 2025 - 2034 (USD Billion )
- 6.6 Gas Turbine
- 6.6.1 Global Turbine Motor Market by Gas Turbine, 2025 - 2034 (USD Billion )
- 6.1 Global Turbine Motor Market overview: By Application
- Chapter 7. Turbine Motor Market - Regional Analysis
- 7.1 Global Turbine Motor Market Regional Overview
- 7.2 Global Turbine Motor Market Share, by Region, 2024 & 2034 (USD Billion )
- 7.3. North America
- 7.3.1 North America Turbine Motor Market, 2025 - 2034 (USD Billion )
- 7.3.1.1 North America Turbine Motor Market, by Country, 2025 - 2034 (USD Billion )
- 7.3.1 North America Turbine Motor Market, 2025 - 2034 (USD Billion )
- 7.4 North America Turbine Motor Market, by Phase, 2025 - 2034
- 7.4.1 North America Turbine Motor Market, by Phase, 2025 - 2034 (USD Billion )
- 7.5 North America Turbine Motor Market, by Application, 2025 - 2034
- 7.5.1 North America Turbine Motor Market, by Application, 2025 - 2034 (USD Billion )
- 7.4. Europe
- 7.4.2 Europe Turbine Motor Market, 2025 - 2034 (USD Billion )
- 7.4.2.1 Europe Turbine Motor Market, by Country, 2025 - 2034 (USD Billion )
- 7.4.2 Europe Turbine Motor Market, 2025 - 2034 (USD Billion )
- 7.4 Europe Turbine Motor Market, by Phase, 2025 - 2034
- 7.4.1 Europe Turbine Motor Market, by Phase, 2025 - 2034 (USD Billion )
- 7.5 Europe Turbine Motor Market, by Application, 2025 - 2034
- 7.5.1 Europe Turbine Motor Market, by Application, 2025 - 2034 (USD Billion )
- 7.5. Asia Pacific
- 7.5.3 Asia Pacific Turbine Motor Market, 2025 - 2034 (USD Billion )
- 7.5.3.1 Asia Pacific Turbine Motor Market, by Country, 2025 - 2034 (USD Billion )
- 7.5.3 Asia Pacific Turbine Motor Market, 2025 - 2034 (USD Billion )
- 7.4 Asia Pacific Turbine Motor Market, by Phase, 2025 - 2034
- 7.4.1 Asia Pacific Turbine Motor Market, by Phase, 2025 - 2034 (USD Billion )
- 7.5 Asia Pacific Turbine Motor Market, by Application, 2025 - 2034
- 7.5.1 Asia Pacific Turbine Motor Market, by Application, 2025 - 2034 (USD Billion )
- 7.6. Latin America
- 7.6.4 Latin America Turbine Motor Market, 2025 - 2034 (USD Billion )
- 7.6.4.1 Latin America Turbine Motor Market, by Country, 2025 - 2034 (USD Billion )
- 7.6.4 Latin America Turbine Motor Market, 2025 - 2034 (USD Billion )
- 7.4 Latin America Turbine Motor Market, by Phase, 2025 - 2034
- 7.4.1 Latin America Turbine Motor Market, by Phase, 2025 - 2034 (USD Billion )
- 7.5 Latin America Turbine Motor Market, by Application, 2025 - 2034
- 7.5.1 Latin America Turbine Motor Market, by Application, 2025 - 2034 (USD Billion )
- 7.7. The Middle-East and Africa
- 7.7.5 The Middle-East and Africa Turbine Motor Market, 2025 - 2034 (USD Billion )
- 7.7.5.1 The Middle-East and Africa Turbine Motor Market, by Country, 2025 - 2034 (USD Billion )
- 7.7.5 The Middle-East and Africa Turbine Motor Market, 2025 - 2034 (USD Billion )
- 7.4 The Middle-East and Africa Turbine Motor Market, by Phase, 2025 - 2034
- 7.4.1 The Middle-East and Africa Turbine Motor Market, by Phase, 2025 - 2034 (USD Billion )
- 7.5 The Middle-East and Africa Turbine Motor Market, by Application, 2025 - 2034
- 7.5.1 The Middle-East and Africa Turbine Motor Market, by Application, 2025 - 2034 (USD Billion )
- Chapter 8. Company Profiles
- 8.1 MAN Energy Solutions
- 8.1.1 Overview
- 8.1.2 Financials
- 8.1.3 Product Portfolio
- 8.1.4 Business Strategy
- 8.1.5 Recent Developments
- 8.2 General Electric (GE)
- 8.2.1 Overview
- 8.2.2 Financials
- 8.2.3 Product Portfolio
- 8.2.4 Business Strategy
- 8.2.5 Recent Developments
- 8.3 Rolls-Royce
- 8.3.1 Overview
- 8.3.2 Financials
- 8.3.3 Product Portfolio
- 8.3.4 Business Strategy
- 8.3.5 Recent Developments
- 8.4 Pratt & Whitney
- 8.4.1 Overview
- 8.4.2 Financials
- 8.4.3 Product Portfolio
- 8.4.4 Business Strategy
- 8.4.5 Recent Developments
- 8.5 MTU Aero Engines
- 8.5.1 Overview
- 8.5.2 Financials
- 8.5.3 Product Portfolio
- 8.5.4 Business Strategy
- 8.5.5 Recent Developments
- 8.6 Doosan Škoda Power
- 8.6.1 Overview
- 8.6.2 Financials
- 8.6.3 Product Portfolio
- 8.6.4 Business Strategy
- 8.6.5 Recent Developments
- 8.7 Alstom (now part of GE)
- 8.7.1 Overview
- 8.7.2 Financials
- 8.7.3 Product Portfolio
- 8.7.4 Business Strategy
- 8.7.5 Recent Developments
- 8.8 Siemens Energy
- 8.8.1 Overview
- 8.8.2 Financials
- 8.8.3 Product Portfolio
- 8.8.4 Business Strategy
- 8.8.5 Recent Developments
- 8.9 Honeywell Aerospace
- 8.9.1 Overview
- 8.9.2 Financials
- 8.9.3 Product Portfolio
- 8.9.4 Business Strategy
- 8.9.5 Recent Developments
- 8.10 Kawasaki Heavy Industries
- 8.10.1 Overview
- 8.10.2 Financials
- 8.10.3 Product Portfolio
- 8.10.4 Business Strategy
- 8.10.5 Recent Developments
- 8.11 Mitsubishi Power
- 8.11.1 Overview
- 8.11.2 Financials
- 8.11.3 Product Portfolio
- 8.11.4 Business Strategy
- 8.11.5 Recent Developments
- 8.12 Solar Turbines (a Caterpillar company)
- 8.12.1 Overview
- 8.12.2 Financials
- 8.12.3 Product Portfolio
- 8.12.4 Business Strategy
- 8.12.5 Recent Developments
- 8.13 Safran
- 8.13.1 Overview
- 8.13.2 Financials
- 8.13.3 Product Portfolio
- 8.13.4 Business Strategy
- 8.13.5 Recent Developments
- 8.14 Shanghai Electric
- 8.14.1 Overview
- 8.14.2 Financials
- 8.14.3 Product Portfolio
- 8.14.4 Business Strategy
- 8.14.5 Recent Developments
- 8.15 Ansaldo Energia
- 8.15.1 Overview
- 8.15.2 Financials
- 8.15.3 Product Portfolio
- 8.15.4 Business Strategy
- 8.15.5 Recent Developments
- 8.16 and others.
- 8.16.1 Overview
- 8.16.2 Financials
- 8.16.3 Product Portfolio
- 8.16.4 Business Strategy
- 8.16.5 Recent Developments
- 8.1 MAN Energy Solutions
Table Of Figures
- 1. Market research Type
- 2. Market research methodology
- 3. Global Turbine Motor Market, 2025 - 2034 (USD Billion )
- 4. Porter’s Five Forces Analysis
- 5. Global Turbine Motor Market attractiveness, By Phase
- 6. Global Turbine Motor Market attractiveness, By Application
- 7. Global Turbine Motor Market share by Phase, 2025 and 2034 (USD Billion )
- 8. Global Turbine Motor Market by PhaseThree Phase, 2025 - 2034 (USD Billion )
- 9. Global Turbine Motor Market by Single Phase, 2025 - 2034 (USD Billion )
- 10. Global Turbine Motor Market share by Application, 2025 and 2034 (USD Billion )
- 11. Global Turbine Motor Market by Water Turbine, 2025 - 2034 (USD Billion )
- 12. Global Turbine Motor Market by Wind Turbine, 2025 - 2034 (USD Billion )
- 13. Global Turbine Motor Market by Steam Turbine, 2025 - 2034 (USD Billion )
- 14. Global Turbine Motor Market by Steam Turbine, 2025 - 2034 (USD Billion )
- 15. Global Turbine Motor Market by Gas Turbine, 2025 - 2034 (USD Billion )
- 16. Global Turbine Motor Market share, by Region, 2025 and 2034
- 17. North America Turbine Motor Market, 2025 - 2034 (USD Billion )
- 18. Europe Turbine Motor Market, 2025 - 2034 (USD Billion )
- 19. Asia Pacific Turbine Motor Market, 2025 - 2034 (USD Billion )
- 20. Latin America Turbine Motor Market, 2025 - 2034 (USD Billion )
- 21. The Middle-East and Africa Turbine Motor Market, 2025 - 2034 (USD Billion )
Table Of Tables
- 1. Global Turbine Motor Market: Snapshot
- 2. Drivers of the Turbine Motor Market: impact analysis
- 3. North America Turbine Motor Market revenue, By Phase, 2025 - 2034 (USD Billion )
- 4. North America Turbine Motor Market revenue, By Application, 2025 - 2034 (USD Billion )
- 5. U.S. Turbine Motor Market revenue, By Phase, 2025 - 2034 (USD Billion )
- 6. U.S. Turbine Motor Market revenue, By Application, 2025 - 2034 (USD Billion )
- 7. Canada Turbine Motor Market revenue, By Phase, 2025 - 2034 (USD Billion )
- 8. Canada Turbine Motor Market revenue, By Application, 2025 - 2034 (USD Billion )
- 9. Europe Turbine Motor Market revenue, By Phase, 2025 - 2034 (USD Billion )
- 10. Europe Turbine Motor Market revenue, By Application, 2025 - 2034 (USD Billion )
- 11. Germany Turbine Motor Market revenue, By Phase, 2025 - 2034 (USD Billion )
- 12. Germany Turbine Motor Market revenue, By Application, 2025 - 2034 (USD Billion )
- 13. France Turbine Motor Market revenue, By Phase, 2025 - 2034 (USD Billion )
- 14. France Turbine Motor Market revenue, By Application, 2025 - 2034 (USD Billion )
- 15. U.K. Turbine Motor Market revenue, By Phase, 2025 - 2034 (USD Billion )
- 16. U.K. Turbine Motor Market revenue, By Application, 2025 - 2034 (USD Billion )
- 17. Italy Turbine Motor Market revenue, By Phase, 2025 - 2034 (USD Billion )
- 18. Italy Turbine Motor Market revenue, By Application, 2025 - 2034 (USD Billion )
- 19. Spain Turbine Motor Market revenue, By Phase, 2025 - 2034 (USD Billion )
- 20. Spain Turbine Motor Market revenue, By Application, 2025 - 2034 (USD Billion )
- 21. Rest of Europe Turbine Motor Market revenue, By Phase, 2025 - 2034 (USD Billion )
- 22. Rest of Europe Turbine Motor Market revenue, By Application, 2025 - 2034 (USD Billion )
- 23. Asia Pacific Turbine Motor Market revenue, By Phase, 2025 - 2034 (USD Billion )
- 24. Asia Pacific Turbine Motor Market revenue, By Application, 2025 - 2034 (USD Billion )
- 25. China Turbine Motor Market revenue, By Phase, 2025 - 2034 (USD Billion )
- 26. China Turbine Motor Market revenue, By Application, 2025 - 2034 (USD Billion )
- 27. Japan Turbine Motor Market revenue, By Phase, 2025 - 2034 (USD Billion )
- 28. Japan Turbine Motor Market revenue, By Application, 2025 - 2034 (USD Billion )
- 29. India Turbine Motor Market revenue, By Phase, 2025 - 2034 (USD Billion )
- 30. India Turbine Motor Market revenue, By Application, 2025 - 2034 (USD Billion )
- 31. South Korea Turbine Motor Market revenue, By Phase, 2025 - 2034 (USD Billion )
- 32. South Korea Turbine Motor Market revenue, By Application, 2025 - 2034 (USD Billion )
- 33. South-East Asia Turbine Motor Market revenue, By Phase, 2025 - 2034 (USD Billion )
- 34. South-East Asia Turbine Motor Market revenue, By Application, 2025 - 2034 (USD Billion )
- 35. Rest of Asia Pacific Turbine Motor Market revenue, By Phase, 2025 - 2034 (USD Billion )
- 36. Rest of Asia Pacific Turbine Motor Market revenue, By Application, 2025 - 2034 (USD Billion )
- 37. Latin America Turbine Motor Market revenue, By Phase, 2025 - 2034 (USD Billion )
- 38. Latin America Turbine Motor Market revenue, By Application, 2025 - 2034 (USD Billion )
- 39. Brazil Turbine Motor Market revenue, By Phase, 2025 - 2034 (USD Billion )
- 40. Brazil Turbine Motor Market revenue, By Application, 2025 - 2034 (USD Billion )
- 41. Mexico Turbine Motor Market revenue, By Phase, 2025 - 2034 (USD Billion )
- 42. Mexico Turbine Motor Market revenue, By Application, 2025 - 2034 (USD Billion )
- 43. Rest of Latin America Turbine Motor Market revenue, By Phase, 2025 - 2034 (USD Billion )
- 44. Rest of Latin America Turbine Motor Market revenue, By Application, 2025 - 2034 (USD Billion )
- 45. The Middle-East and Africa Turbine Motor Market revenue, By Phase, 2025 - 2034 (USD Billion )
- 46. The Middle-East and Africa Turbine Motor Market revenue, By Application, 2025 - 2034 (USD Billion )
- 47. GCC Countries Turbine Motor Market revenue, By Phase, 2025 - 2034 (USD Billion )
- 48. GCC Countries Turbine Motor Market revenue, By Application, 2025 - 2034 (USD Billion )
- 49. South Africa Turbine Motor Market revenue, By Phase, 2025 - 2034 (USD Billion )
- 50. South Africa Turbine Motor Market revenue, By Application, 2025 - 2034 (USD Billion )
- 51. Rest of Middle-East Africa Turbine Motor Market revenue, By Phase, 2025 - 2034 (USD Billion )
- 52. Rest of Middle-East Africa Turbine Motor Market revenue, By Application, 2025 - 2034 (USD Billion )
Methodology
FrequentlyAsked Questions
A turbine motor is an advanced propulsion system. Since its introduction to the modern world, it has revolutionized major industries, including power generation and aviation.
The global turbine motor market is expected to be led by increasing power demand across the globe.
According to study, the global turbine motor market size was worth around USD 10.26 billion in 2024 and is predicted to grow to around USD 19.81 billion by 2034.
The CAGR value of the turbine motor market is expected to be around 6.80% during 2025-2034.
The global turbine motor market will be led by Europe during the forecast period.
The global turbine motor market is led by players like MAN Energy Solutions, General Electric (GE), Rolls-Royce, Pratt & Whitney, MTU Aero Engines, Doosan Škoda Power, Alstom (now part of GE), Siemens Energy, Honeywell Aerospace, Kawasaki Heavy Industries, Mitsubishi Power, Solar Turbines (a Caterpillar company), Safran, Shanghai Electric, and Ansaldo Energia.
The report explores crucial aspects of the turbine motor market, including a detailed discussion of existing growth factors and restraints, while also browsing future growth opportunities and challenges that impact the market.
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