Product Code: CMI4432
The Global Hydro Turbine Generator Unit Market is estimated to be valued at USD 2.98 Bn in 2024 and is expected to reach USD 4.01 Bn by 2031, exhibiting a compound annual growth rate (CAGR) of 4.3% from 2024 to 2031.
Report Coverage |
Report Details |
Base Year: |
2023 |
Market Size in 2024: |
US$ 2.98 Bn |
Historical Data for: |
2019 To 2023 |
Forecast Period: |
2024 To 2031 |
Forecast Period 2024 to 2031 CAGR: |
4.30% |
2031 Value Projection: |
US$ 4.01 Bn |
Figure. Hydro Turbine Generator Unit Market Share (%), By Region 2024
The global hydro turbine generator unit market has been growing steadily over the past few years. Hydro power is one of the most economic and environment-friendly forms of renewable energy. Hydro turbine generator units play a crucial role in converting kinetic energy of flowing water into electrical energy. Various factors such as increasing focus on renewable sources of energy due to green initiatives by governments as well as growing electricity demand are supporting the growth of the hydro turbine generator unit market. Urbanization and industrialization in emerging economies have further boosted the demand for power which is expected to propel the need for efficient hydro turbine generator units. Ongoing technological advancements in design and efficiency are also helping this market expand globally.
Market Dynamics:
Growing environmental awareness about the threat of climate change and the need to reduce carbon emissions has emerged as a key driver for the hydro turbine generator unit market. This has directed greater focus of utilities and governments towards renewable sources of energy including hydro power. Rising electricity consumption across both residential and commercial sectors especially in developing regions is propelling the need for new power generation capacities, thereby augmenting market growth. However, high initial capital costs for setting up hydro power projects are a major restraint. Ongoing research & development towards advanced hydropower technologies presents a promising opportunity for market participants.
Key features of the study:
This report provides in-depth analysis of the global hydro turbine generator unit market, and provides market size (US$ Bn) and compound annual growth rate (CAGR%) for the forecast period (2024-2031), considering 2023 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global hydro turbine generator unit market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies
Key companies covered as a part of this study include Andritz AG, Canyon Hydro, Cornell Pump Co., GE (General Electric Company), Gilbert Gilkes & Gordon Ltd., Harbin Electric Machinery, Kirloskar Brothers Ltd., Siemens AG, Toshiba Energy, and WWS Wasserkraft GmbH
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
The global hydro turbine generator unit market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global hydro turbine generator unit market.
Detailed Segmentation-
- Turbine Type Insights (Revenue, USD Bn, 2019 - 2031)
- Francis
- Pelton
- Kaplan
- Others (Turgo, Cross-Flow, etc.)
- Generator Type Insights (Revenue, USD Bn, 2019 - 2031)
- Head Range Insights (Revenue, USD Bn, 2019 - 2031)
- Low Head (< 100 meters)
- Medium Head (100 - 300 meters)
- High Head (300 meters)
- Regional Insights (Revenue, USD Bn, 2019 - 2031)
- North America
- U.S.
- Canada
- Latin America
- Brazil
- Argentina
- Mexico
- Rest of Latin America
- Europe
- Germany
- U.K.
- Spain
- France
- Italy
- Russia
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of Asia Pacific
- Middle East
- GCC Countries
- Israel
- Rest of Middle East
- Africa
- South Africa
- North Africa
- Central Africa
- Key Players Insights
- Andritz AG
- Canyon Hydro
- Cornell Pump Co.
- GE (General Electric Company)
- Gilbert Gilkes & Gordon Ltd.
- Harbin Electric Machinery
- Kirloskar Brothers Ltd.
- Siemens AG
- Toshiba Energy
- WWS Wasserkraft GmbH
Table of Contents
1. RESEARCH OBJECTIVES AND ASSUMPTIONS
- Research Objectives
- Assumptions
- Abbreviations
2. MARKET PURVIEW
- Report Description
- Market Definition and Scope
- Executive Summary
- Global Hydro Turbine Generator Unit Market, By Turbine Type
- Global Hydro Turbine Generator Unit Market, By Generator Type
- Global Hydro Turbine Generator Unit Market, By Head Range
3. MARKET DYNAMICS, REGULATIONS, AND TRENDS ANALYSIS
- Market Dynamics
- Impact Analysis
- Key Highlights
- Regulatory Scenario
- Product Launches/Approvals
- PEST Analysis
- PORTER's Analysis
- Merger and Acquisition Scenario
4. Global Hydro Turbine Generator Unit Market, By Turbine Type, 2024-2031, (USD Bn)
- Introduction
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
- Francis
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
- Pelton
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
- Kaplan
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
- Others (Turgo, Cross-Flow, etc.)
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
5. Global Hydro Turbine Generator Unit Market, By Generator Type, 2024-2031, (USD Bn)
- Introduction
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
- Synchronous
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
- Asynchronous
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
6. Global Hydro Turbine Generator Unit Market, By Head Range, 2024-2031, (USD Bn)
- Introduction
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
- Low Head (< 100 meters)
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
- Medium Head (100 - 300 meters)
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
- High Head (300 meters)
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
7. Global Hydro Turbine Generator Unit Market, By Region, 2019 - 2031, Value (USD Bn)
- Introduction
- Market Share (%) Analysis, 2024,2027 & 2031, Value (USD Bn)
- Market Y-o-Y Growth Analysis (%), 2019 - 2031, Value (USD Bn)
- Regional Trends
- Introduction
- Market Size and Forecast, By Turbine Type, 2019 - 2031, Value (USD Bn)
- Market Size and Forecast, By Generator Type, 2019 - 2031, Value (USD Bn)
- Market Size and Forecast, By Head Range, 2019 - 2031, Value (USD Bn)
- Market Size and Forecast, By Country, 2019 - 2031, Value (USD Bn)
- U.S.
- Canada
- Latin America
- Introduction
- Market Size and Forecast, By Turbine Type, 2019 - 2031, Value (USD Bn)
- Market Size and Forecast, By Generator Type, 2019 - 2031, Value (USD Bn)
- Market Size and Forecast, By Head Range, 2019 - 2031, Value (USD Bn)
- Market Size and Forecast, By Country, 2019 - 2031, Value (USD Bn)
- Brazil
- Argentina
- Mexico
- Rest of Latin America
- Europe
- Introduction
- Market Size and Forecast, By Turbine Type, 2019 - 2031, Value (USD Bn)
- Market Size and Forecast, By Generator Type, 2019 - 2031, Value (USD Bn)
- Market Size and Forecast, By Head Range, 2019 - 2031, Value (USD Bn)
- Market Size and Forecast, By Country, 2019 - 2031, Value (USD Bn)
- Germany
- U.K.
- Spain
- France
- Italy
- Russia
- Rest of Europe
- Asia Pacific
- Introduction
- Market Size and Forecast, By Turbine Type, 2019 - 2031, Value (USD Bn)
- Market Size and Forecast, By Generator Type, 2019 - 2031, Value (USD Bn)
- Market Size and Forecast, By Head Range, 2019 - 2031, Value (USD Bn)
- Market Size and Forecast, By Country, 2019 - 2031, Value (USD Bn)
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of Asia Pacific
- Middle East
- Introduction
- Market Size and Forecast, By Turbine Type, 2019 - 2031, Value (USD Bn)
- Market Size and Forecast, By Generator Type, 2019 - 2031, Value (USD Bn)
- Market Size and Forecast, By Head Range, 2019 - 2031, Value (USD Bn)
- Market Size and Forecast, By Country, 2019 - 2031, Value (USD Bn)
- GCC Countries
- Israel
- Rest of Middle East
- Africa
- Introduction
- Market Size and Forecast, By Turbine Type, 2019 - 2031, Value (USD Bn)
- Market Size and Forecast, By Generator Type, 2019 - 2031, Value (USD Bn)
- Market Size and Forecast, By Head Range, 2019 - 2031, Value (USD Bn)
- Market Size and Forecast, By Country, 2019 - 2031, Value (USD Bn)
- South Africa
- North Africa
- Central Africa
8. COMPETITIVE LANDSCAPE
- Andritz AG
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Canyon Hydro
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Cornell Pump Co.
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- GE (General Electric Company)
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Gilbert Gilkes & Gordon Ltd.
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Harbin Electric Machinery
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Kirloskar Brothers Ltd.
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Siemens AG
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Toshiba Energy
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- WWS Wasserkraft GmbH
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
9. Analyst Recommendations
- Wheel of Fortune
- Analyst View
- Coherent Opportunity Map
10. References and Research Methodology
- References
- Research Methodology
- About us