Hydro turbine market is anticipated to grow at a considerable CAGR of 5.1% during the forecast period (2024-2031). Hydro turbines are devices used in hydroelectric generation plants that transfer the energy from moving water to a rotating shaft to generate electricity. These turbines rotate or spin as a response to water being introduced to their blades. These turbines are essential in the area of hydropower – the process of generating power from water.
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The global hydro turbine market is further segmented based on geography including North America (the US, and Canada), Europe (UK, Italy, Spain, Germany, France, and the Rest of Europe), Asia-Pacific (India, China, Japan, South Korea, and Rest of Asia-Pacific), and the Rest of the World (the Middle East & Africa, and Latin America).
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- Market Coverage
- Market number available for – 2024-2031
- Base year- 2024
- Forecast period- 2024-2031
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Market Segmentation
Global Hydro Turbine Market by Technology
- Reaction
- Impulse
Global Hydro TurbineMarket by Capacity
- Small (Less than 10MW)
- Medium (10MW – 100MW)
- Large (Greater than 100MW)
Regional Analysis
- North America
- United States
- Canada
- Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
- Rest of the World
- Latin America
- Middle east & Africa
Company Profiles
- Canyon Industries Inc.
- Cornell Pump Co.
- Gilbert Gilkes & Gordon Ltd.
- Harbin Electric Machinery
- IMPSA
- Kirloskar Brothers Ltd.
- MITSUBISHI HEAVY INDUSTRIES, LTD.
- Norcan Hydro Turbine Inc.
- Toshiba Energy Ltd.
- Voith GmbH & Co. KGaA
- WWS-Wasserkraft GmbH
The Report Covers
- Market value data analysis of 2023 and forecast to 2031.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global hydro turban market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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