| COUNTRY | IMPORTS 2024 | SHARE | 5Y/YR |
|---|---|---|---|
| United States | $8.16B | 10.3% | +6.2% |
| China | $3.95B | 5.0% | +10.1% |
| United Kingdom | $3.63B | 4.6% | +8.3% |
| Germany | $3.25B | 4.1% | +4.6% |
| Singapore | $3.11B | 3.9% | +9.3% |
| Canada | $2.78B | 3.5% | +4.3% |
| Italy | $2.55B | 3.2% | +11.7% |
| France | $2.42B | 3.1% | +2.3% |
| Indonesia | $2.28B | 2.9% | -2.9% |
| Mexico | $2.16B | 2.7% | +1.8% |
| Türkiye | $2.05B | 2.6% | +12.7% |
| Japan | $1.92B | 2.4% | +0.9% |
| Saudi Arabia | $1.79B | 2.3% | +12.2% |
| United Arab Emirates | $1.58B | 2.0% | -2.6% |
| Other Asia, nes | $1.28B | 1.6% | +5.6% |
| COMPANY | HQ | ANN. |
|---|---|---|
| Framatome | France | 5 |
| Atlas Copco | Sweden | 3 |
| GE Vernova | United States | 3 |
| ZF Wind Power | Germany | 3 |
| Baker Hughes | United States | 2 |
| Celeros Flow Technology | Canada | 2 |
| Hayward Tyler Group | United Kingdom | 2 |
| HydraSpecma | Denmark | 2 |
| IMI plc | United Kingdom | 2 |
| Rolls-Royce | United Kingdom | 2 |
| Techouse Group | Norway | 2 |
| Torishima Pump Mfg | Japan | 2 |
China Tianchen Engineering published preferred-bidder notices on 26 October 2026 for Class III centrifugal pumps and air compressors for the Shaanxi Yuneng New Materials thermal power station project. Objections are accepted during disclosure periods ending 28 and 29 October; no award is final.
Romanian gas transmission operator Transgaz awarded SUTECH a supply contract for a centrifugal compressor to expand the Jupa compression station in western Romania, for EUR 18,019,725.
Harbin Electric Power Equipment, a subsidiary of Jiadian Co., received a bid award notice from China General Nuclear Engineering for reactor coolant pump equipment on the AU project LOT120F worth CNY 620 million; the contract is not yet signed.
Ampo Poyam Valves won a contract to supply cryogenic gate, globe and check valves for the Power, Capture and Compression project of Net Zero Teesside in north-east England, with first deliveries due September 2026.
ZF Wind Power will expand wind turbine gearbox manufacturing at its Coimbatore plant from 12 GW to 15 GW, investing almost ₹250 crore. The additional facilities are expected to be commissioned by June 2027.
Hyundai Heavy Industries Turbomachinery signed an MOU with Pohang city and Gyeongbuk province to invest 100 billion won through 2029 in a new plant at Yeongilman 4 industrial complex producing eco-friendly turbomachinery and SMR equipment. About 100 jobs are expected to be created.
Westerman will invest $45 million to establish a new nuclear manufacturing operation in Hebron, Ohio, primarily supporting the expansion of Centrus Energy's American Centrifuge Plant in Piketon. The project will create 135 jobs.
Oswal Pumps received a Letter of Award from North Bihar Power Distribution Company (NBPDCL) to design, supply and install 20 MW of grid-connected rooftop solar across 18,089 consumer sites in the Darbhanga Circle, worth about Rs 78 crore including GST.
Halton Wales, part of Halton Group, was awarded a contract by Axima UK to supply high-integrity HVAC dampers from its Ebbw Vale facility for the Sizewell C nuclear project in the UK. The contract is valued at several tens of millions of euros.
KSB Limited won a HP valves package order for the Nabinagar and Gadarwara NTPC power projects through L&T-MHI Power.
KSB Limited secured an order for shutdown cooling pumps for the Kaiga Units 5 and 6 nuclear project in India, reported in its Q2 FY2026 update.
Trillium Flow Technologies announced the sale of its French valves operations to nuclear energy company Framatome.
Rolls-Royce opened a $24 million, 250,000-square-foot logistics and production center next to its mtu power-generation plant in Mankato, Minnesota, expected to more than double output of mtu Series 4000 generator sets by end-2026 and add over 100 jobs.
Terravanta Power Systems, a Kaishan Group geothermal company, broke ground on a $74.5 million, 200,000-square-foot manufacturing facility in Loxley, Alabama, making screw and turbine expander systems. The project will create 63 new jobs.
Baker Hughes received awards from Bechtel Energy and Cheniere for liquefaction equipment, including gas turbines and centrifugal compressors, for Train 7 and a boil-off gas re-liquefaction unit at Sabine Pass in Louisiana, plus fleet-wide gas turbine upgrades. Together they add over 6 MTPA of capacity; the announcement was dated 9 July 2026.
HydraSpecma Group opened its new Tianjin factory in the TEDA West Zone on 8 July 2026, investing RMB 100 million to make hydraulic, lubrication and cooling systems for wind turbines, expected to generate over RMB 700 million in annual production value.
Groupe ADF will invest CAD 10 million to build a new fabrication bay in Terrebonne, Quebec, to increase production of transmission towers for Hydro-Québec's grid. The government supports it with a CAD 1 million ESSOR loan.
Firefly Capital Management acquired Houston-based Gravity Power & Rental, which operates over 2,000 mobile power generation units, to support expansion in the US critical power market in Q3 2026.
Aker Solutions was awarded a contract by Tussa Energi to supply all electromechanical equipment for the 150 MW Tussa II hydropower plant in western Norway. Project delivery is scheduled for 2030; the contract value is given only as a range of NOK 500 million to 1.5 billion.
Ballard Power Systems agreed to acquire UK-based GeoPura, a zero-emission hydrogen power solutions provider, for an upfront equity price of £275.0 million plus up to £27.5 million contingent consideration.
Kazankompressormash opened a new assembly and testing complex in Zelenodolsk, Tatarstan, on June 18, 2026, with total investment of 10.7 billion rubles, to make compressors for LNG plants.
UK valve maker BEL Valves will supply API 6D expanding gate valves for Indonesia's first carbon capture, utilisation and storage project under a multi-million-pound contract. The valves are rated to class 1500 and work down to -70°C.
Velan and GE Vernova Hitachi Nuclear Energy signed a partnership agreement to explore deploying nuclear components for small modular reactor projects in Europe. The agreement was signed in Paris on June 17, 2026.
Montreal-based valve maker Velan plans a new facility in Durham Region, east of Toronto, to manufacture reactor integral and containment isolation valves for small modular reactors. The plan was announced alongside a partnership with GE Vernova Hitachi Nuclear Energy on June 17, 2026.
Framatome has bought Trillium Flow Technologies France, a maker of nuclear valves based in Saint-Victoret, France, and the unit is renamed Sebim. The article gives no purchase price.