Acknowledging the kind of traction gained by this market, recently published a study report asserts the global Hydro Turbine Generator Unit Market size is projected to accrue voluminously by 2027 registering a phenomenal CAGR of 8.8% during the review period (2022 to 2027).
Hydro Turbine Generator Unit Market Overview:
Hydro turbine generator unit is referring to the generating equipment which converts hydro-energy into electrical energy. It is the main power equipment to generate electric energy in hydropower plants. Hydro turbine generator unit mainly consist of the hydro turbine and generator. The role of the turbine is to transform the energy of water into mechanical energy that will make the generator spin. The generator transforms the mechanical energy into electricity.Hydro turbine generator unit refers to the generating equipment which converts hydro-energy into electrical energy. Hydro turbine generator unit mainly consist of the hydro turbine and generator. In hydro turbine generator unit, a hydraulic turbine converts the energy of flowing water, steam or wind into mechanical energy.
Recent Development:
Wolfgang Leitner new member of the Supervisory Board
At today’s 115th Annual General Meeting of ANDRITZ AG, the shareholders approved a dividend payment of 1.65 euro per share for the 2021 business year (2020 business year: 1.00 euros per share).
In February 2019, GE Renewable Energy has been selected to deliver seven 60MW Francis turbines for the new Nachtigal hydropower plant in Cameroon. The contract worth $87 million will be conducted with Elecnor in consortium led by GE Renewable Energy.
The ex-dividend date is April 11, 2022 and the date of dividend payment is April 13, 2022.
Following the expiry of Christian Nowotny’s regular mandate as member of the Supervisory Board, Wolfgang Leitner was elected as new member of the ANDRITZ AG Supervisory Board, effective as of the end of today’s Annual General Meeting.
What are the major Applications, Types, and Regions of Hydro Turbine Generator Unit Market?
By Type, it is segmented into
- Pelton Turbine
- Turgo Turbine
- Crossflow Turbine
- Francis Turbine
- Kaplan Turbine
- Diagonal Turbine
- Tubular Turbine
- Other
By Applications, it is segmented into
- Impulse Turbines
- Reaction Turbines
- Other
Hydro Turbine Generator Unit Market Regional Analysis
The United States and Canada represent the largest share of renewable energy in North America in which hydroelectric power contributes a major portion. Hydroelectric power plant accounts for approximately 7% of the total electricity generation. Advanced technology and increasing focus on renewable energy expected to increase the demand for hydro turbines.The report offers in-depth assessment of the growth and other aspects of the Hydro Turbine Generator Unit market in important countries (regions), including United States, Canada, Mexico, Germany, France, United Kingdom, Russia, Italy, China, Japan, Korea, India, Southeast Asia, Australia, Brazil and Saudi Arabia, etc. It also throws light on the progress of key regional Hydro Turbine Generator Unit markets such as North America, Europe, Asia-Pacific, South America and Middle East & Africa.
- North America
- Europe
- Germany
- France
- UK
- Italy
- Spain
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia-Pacific
- Rest of the World
- Middle East & Africa
- Latin America
The Hydro Turbine Generator Unit Market describes the factors driving the global growth opportunities in upcoming years and highlights market channels. In addition, the report analyzes market size and share, trends, by geographic region, end-use type and segment. It focuses extensively on revealing a detailed regional analysis. The Global Hydro Turbine Generator Unit Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.
What is our Hydro Turbine Generator Unit Market Report Scope?
Report Attributes
|
Report Details
|
Report Title
|
Hydro Turbine Generator Unit Market - Global Growth, Trends and Forecast (2022 - 2027) By Types, By Application, By Regions and By Key Players: Andritz, Alstom(GE), Voith, Toshiba, Harbin Electric, Dongfang Electric
|
Forecast Period 2022 to 2028 CAGR
|
CAGR of 8.8% during the review period (2022 to 2027).
|
By Type
|
- Pelton Turbine
- Turgo Turbine
- Crossflow Turbine
- Francis Turbine
- Kaplan Turbine
- Diagonal Turbine
- Tubular Turbine
- Others
|
By Application
|
- Impulse Turbines
- Reaction Turbines
- Others
|
By Companies
|
Andritz, Alstom(GE), Voith, Toshiba, Harbin Electric, Dongfang Electric, Power Machines, Hitachi Mitsubishi, IMPSA, Zhefu, CME, BHEL, Tianfa, Gilkes, Tianbao and Others.
|
Regions Covered
|
- North America
- Europe
- Asia-Pacific
- Rest of the World
|
Countries Covered
|
- US
- Canada
- Germany
- France
- UK
- Italy
- Spain
- Rest of Europe
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia-Pacific
- Middle East & Africa
- Latin America
|
Base Year
|
2022
|
Historical Year
|
2017 to 2021
|
Forecast Year
|
2022 to 2027
|
Number of Pages
|
165
|
Customization Available
|
Yes, the report can be customized as per your needs
|
Key Takeaways from this Hydro Turbine Generator Unit Report
- Evaluate Hydro Turbine Generator Unit market potential by analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level - for product types, end-use applications, and by different industry verticals.
- Understand the different dynamics influencing the market - growth driving factors, specific challenges and hidden opportunities.
- Get in-depth insights on your competitor performance – revenue, shares, business strategies, financial benchmarking, product benchmarking, SWOT analysis and more.
- Analyze the sales and distribution channels across geographies to enhance top-line revenues.
- Understand the demanding supply chain with a deep dive on the value augmentation at each, in order to optimize value and bring efficiencies in your processes.
- Get a quick outlook on the Hydro Turbine Generator Unit market entropy - M&A's, deals, partnerships, product launches of all key players for the past 4 years.
- Evaluate the import-export statistics, supply-demand and competitive landscape for more than top 20 countries globally for the market.
FAQ -
What is the study period of this market?
The Hydro Turbine Generator Unit Market is studied from 2017 - 2027.
What is the growth rate of Hydro Turbine Generator Unit Market?
The Hydro Turbine Generator Unit Market is growing at a CAGR of 8.8% over the next 5 years.
What regions does this Hydro Turbine Generator Unit Market report covers?
North America (the United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
All our reports are custom made to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report as your needs.
SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION
The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.
