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2026-08-21 11:06:27 -

Steam Turbine Market: Technology Trends Shaping the Future of Power

According to a new report by Polaris Market Research, the global steam turbine market was valued at USD 15.95 billion in 2021 and is projected to reach USD 19.87 billion by 2030, expanding at a CAGR of 2.5% over the forecast period. Growth is underpinned by rising investment in combined-cycle and cogeneration power systems, expanding demand for clean and efficient electricity...

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