Steam Turbine Market: Technological Advancements and Innovations The Steam Turbine Market size is expected to be worth around USD 23.5 billion by 2033, from USD 17.8 billion in 2023, growing at a CAGR of 2.8% during the forecast period from 2023 to 2033.Steam turbines, or turbine engines, harness steam pressure to generate power, a technology that has been in use since the late 19th century and remains crucial today for producing large amounts of...
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