The import of steam and vapour turbines (except marine propulsion) to the U.S. is forecasted to increase steadily from 5.6 million kilograms in 2024 to 6.4 million kilograms by 2028. Notably, this represents an annual growth rate (CAGR) for the period. While year-on-year growth appears consistent, fluctuations occurred in earlier years.
Future trends to watch for include:
- Advancements in renewable energy technology potentially boosting demand.
- Emerging markets impacting global supply dynamics.
- Policy changes influencing import regulations.
