UK Steam Turbine Market is expected to reach US$ 323.07 Million by 2031

Decarbonization Policies and Efficiency Upgrades Boost UK Steam Turbine Market Growth

According to our new research study on “UK Steam Turbine Market Forecast to 2031 – by Type, Voltage Range, Power Rating, Application, Cooling Type, and Phase,” the UK Steam Turbine Market size was valued at US$ 268.55 million in 2024 and is projected to reach US$ 323.07 million by 2031; it is expected to register a CAGR of 2.54% during 2025–2031. The report highlights key factors contributing to the UK market and prominent players, along with their developments in the market.

Growth and revitalization of the steam turbine market are largely influenced by the UK government's unequivocal pledge to achieve net-zero greenhouse gas emissions by 2050. The UK Climate Change Act and the Clean Growth Strategy, among other legislations, set targets that call for a drastic reduction in emissions, especially from power generation and heavy industries. These regulatory frameworks compel both the utilities and industrial players to refurbish or replace the old and less efficient turbines with the advanced ones that, while maximizing energy output, have minimal environmental impact. The new standards require steam turbines to be integrated with renewable sources (e.g., biomass) and to facilitate the use of hybrid technologies, e.g., carbon capture-ready or hydrogen-blending designs.

UK Steam Turbine Market

The initiatives for 2024 and 2025 that are still in progress have, in fact, taken these policies beyond the realm of concepts. Large-scale investments in ultra-supercritical turbines and CHP units are enabling the production of combined electrical power and thermal output with greatly reduced emissions, thus meeting the new compliance requirements as well as gaining access to government incentives. The UK Department for Business, Energy & Industrial Strategy (BEIS) has been instrumental in supporting the demonstration projects of the hydrogen-compatible and CCS-ready turbines that have made market activity revolving around retrofitting and lifecycle energy efficiency upgrades, which is anticipated to fuel the UK steam turbine market growth. 

UK Steam Turbine Market Trends 

Modularity and customization are the main factors that are changing the UK steam turbine market. The users at the end of the line are looking for a quick deployment, lower engineering expenses, and solutions that are specific to the site. A modular turbine, which is made for simple assembly and also for easy expansion, can be scaled up or down depending on whether it is an industrial or an urban setting: a compact CHP and a distributed network can be scaled up to a high-capacity utility plant and vice versa. Additionally, these systems can be developed to utilize a new fuel (such as hydrogen or biomass) or be made to fulfill the site integration requirement (for instance, district heat grid tie-ins or smart grid compatibility).

OEMs are now moving toward shortened lead times by putting more effort into the pre-configured and standardized product lines. This results in less disruption at the site as well as easy future upgrades. Moreover, the facility owners can take advantage of the digital control and reporting functions, which form a part of customization to flexible operation needs and ESG reporting requirements compliance. In these industries, such as food, chemicals, and municipal utilities, modular designs and tailored controls empower operators to place steam generation where it is needed, conform to mandates, and lower maintenance costs, as well as keep up with market and regulatory changes.

The UK Steam Turbine Market analysis is performed by considering the following segments: type, source, end user, and capacity. By type, the market is segmented into impulse turbines and reaction turbines. The impulse segment held the largest UK market share in 2024. Demand for impulse steam turbines in the UK is expected to be stable with a slight upward trend resulting from a combination of industrial upgrades, combined heat and power (CHP) plant installations, and specific renewable integration projects. The main segments that lead to demand are high-pressure industrial applications, low-power modules (generally below 300 MW), and thermal or waste-to-energy plant retrofits in which the simplicity and low maintenance of impulse designs are the most important factors. Projects for decarbonization and reduction of emissions, especially the replacement of old fossil units with more advanced CHP solutions, are the main reasons for new installations of impulse steam turbines. Nevertheless, the market is facing an uphill battle due to the reduction of newbuild coal and large thermal projects as the UK grid policy is shifting towards gas, renewables, and energy storage.

By source, the UK steam turbine market report is segmented into fossil fuels, thermal renewable, and others. The fossil fuels segment held the largest UK steam turbine market share in 2024. By end user, the market is segmented into power generation, oil and gas, and others. The power generation segment held the largest UK steam turbine market share in 2024. By capacity, less than 10 MW, 10 MW to 100 MW, 100 MW to 300 MW, and above 300 MW. The 100 MW to 300 MW segment held the largest share of the UK steam turbine market in 2024 by accounting for 38.3% and is expected to account for 38.5% by 2031.

GE Vernova Inc., Bker Hughes Co, Chart Industries Inc., Siemens Energy AG, Turtle Turbines (P) Ltd., Trillium Flow Technologies, Triveni Turbine Ltd., Dongturbo Electric Company Ltd. (DTEC), Arabelle Solutions, M+M Turbinen-Technik, Ansaldo Energia S.p.A., and Everllence are leading companies profiled in the UK steam turbine market report.

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