The steam turbine market is estimated to be valued at US$ 16.63 Bn in 2023 and is expected to exhibit a CAGR of 2.2% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market Overview:Steam turbines are rotating machines that extract thermal energy from pressurized steam and convert it into mechanical work output. The most common use of...
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