Global
Power and Energy Equipment
$1311.7 Million2025 Size
8.76%CAGR
Power and Energy Equipment Industry Overview
Cognitive Market Research tracks the Power and Energy Equipment industry as part of the Machinery and Equipment sector, covering market size, share, growth forecasts, pricing, regional demand and the competitive landscape. Our analysts combine primary interviews with industry experts and secondary research to help companies size opportunities, benchmark competitors and plan entry and expansion strategies.
Explore Power and Energy Equipment Sub-Industries
List of Power and Energy Equipment Industry Reports
Global
Power and Energy Equipment
Market Analysis 2022–2034
Global
Power and Energy Equipment
Market Analysis 2022–2034
Global
Power and Energy Equipment
Market Analysis 2022–2034
Global
Power and Energy Equipment
Market Analysis 2022–2034
Global
Power and Energy Equipment
Market Analysis 2022–2034
Global
Power and Energy Equipment
$66.5 Billion2025 Size
4.03%CAGR
Boiler Turbine and Generator BTG Market Analysis 2022–2034
2033 Forecast▲ $91.2 Billion
4.8 (4)
Global
Power and Energy Equipment
$178.7 Million2025 Size
3.268%CAGR
Top Pressure Recovery Turbine TRT Market Analysis 2022–2034
2033 Forecast▲ $231.127 Million
4.8 (6)
Global
Power and Energy Equipment
$12674.1 Million2025 Size
3.084%CAGR
Subcritical Pressure Turbine Market Analysis 2022–2034
2033 Forecast▲ $16160.2 Million
4.8 (4)
Global
Power and Energy Equipment
$4781.5 Million2025 Size
3.57%CAGR
Subcritical Pressure Steam Turbine Market Analysis 2022–2034
2033 Forecast▲ $6330.47 Million
4.8 (3)
Global
Power and Energy Equipment
$1891.23 Million2025 Size
5.121%CAGR
Global
Power and Energy Equipment
$43542 Million2025 Size
8.5%CAGR
Power and Energy Equipment Industry Statistics & Data Insights
| Product / Industry | Unit | 2021Base year | 2025Current | 2033Forecast | CAGRGrowth rate |
|---|---|---|---|---|---|
| Turbine Mixer Market | Million | 937 |
1,312 |
2,568 |
8.76% |
| Boiler Turbine and Generator BTG Market | Billion | 56.8 |
66.5 |
91.2 |
4.03% |
| Top Pressure Recovery Turbine TRT Market | Million | 157 |
179 |
231 |
3.268% |
| Subcritical Pressure Turbine Market | Million | 11,224 |
12,674 |
16,160 |
3.084% |
| Subcritical Pressure Steam Turbine Market | Million | 4,156 |
4,782 |
6,330 |
3.57% |
| Francis Turbine Pumps Market | Million | 1,549 |
1,891 |
2,820 |
5.121% |
| Power Electronic Device Market | Million | 31,419 |
43,542 |
83,627 |
8.5% |
| Steam Turbine Market | Million | 15,799 |
17,466 |
21,347 |
2.54% |
| Turbine blades and vanes Market | Million | 12,989 |
15,899 |
23,822 |
5.184% |
| Kaplan Hydro Turbine Runner Market | Million | 1,974 |
2,384 |
3,479 |
4.837% |
| Francis Hydro Turbine Runner Market | Million | 1,102 |
1,340 |
1,982 |
5.01% |
| Hydrogen Cooled Turbine Generators Set Market | Million | 3,461 |
4,622 |
8,243 |
7.5% |
| Back Pressure Turbines Market | Million | 946 |
1,123 |
1,581 |
4.372% |
| Vertical Turbine Pumps Market | Million | 20,443 |
24,603 |
35,636 |
4.74% |
| Wind Turbine Main Shaft Market | Million | 1,031 |
1,397 |
2,567 |
7.9% |
≥10% High growth5–9% Mid<5% Low
Power and Energy Equipment Sub-Industry Athenaeum
Athenaeum gives you on-demand access to market data, forecasts and company intelligence across every Power and Energy Equipment segment — in one searchable research library.