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    Hydropower Turbine Market | Covid-19 Impact Analysis

    Hydropower Turbine Market | Covid-19 Impact Analysis

    Hydropower Turbine Market | Covid-19 Impact Analysis
    Report code - SRCE170 Delivery - 2 Weeks
    Hydropower Turbine Market Size, Share, Trend, Forecast, & Industry Analysis 
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    Impact of COVID-19 on Hydropower Turbine Market

    Covid-19 has impacted the market dynamics, competition, and global...

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    Impact of COVID-19 on Hydropower Turbine Market

    Covid-19 has impacted the market dynamics, competition, and global supply chains. The revenues have gone down in 2020 and may resume an uptrend gradually from 2021. Companies optimizing their operation and strategy will sustain and beat the competition.

    Note: The summary below might not have included insights on covid impact since we have large number of reports.

    Hydropower Turbine Market Insights

    Hydropower turbine market is likely to witness an impressive CAGR of 7.9% during the forecast period. The major factor contributing to the demand for hydropower turbines is the growing demand for clean energy.

    Hydropower Turbine Market – Snapshot

    Growth

    7.9% for the next five years

    Key Capacity Type

    >10 MW

    Dominant Product Type

    Impulse

    Lucrative Head Type

    2-25 m

    Region with the highest demand

    Asia-Pacific

    Key Players

    General Electric, Siemens AG, Toshiba Corporation, Kirloskar         Brothers Limited, Capstone Turbine, Wartsila, IMPSA, Voith, and        WWS Wasserkraft GmbH

     

    Market Share Analysis

    Hydropower-Turbine-Market-Dominant-Segments

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    Hydropower Turbine Market Share: By Capacity Type

    Based on the capacity type, the market is segmented as ≤1 MW, 1 - 10 MW, and >10 MW. The >10 MW segment is estimated to maintain its dominance over the forecast period, owing to the growing demand for the uninterrupted power supplies from communities in off-grid areas.

    Hydropower Turbine Market Share: By Product Type

    Based on the product type, the market is segmented as impulse and reaction. The impulse segment accounted for the larger share of the market in 2019, and is expected to maintain its leading position, during the forecast period. The growth of the segment is owing to its cost effectiveness and low maintenance.

    Hydropower Turbine Market Share: By Head Type

    Based on the head type, the market is segmented as 2–25 m, 25–70 m, and >70 m. The 2-25 m segment is likely to grow with the highest CAGR over the forecast period driven by low construction expense, low impact on environment, and low risk of flash flood.

    Hydropower Turbine Market Share: By Region

    In terms of regions, Asia-Pacific is estimated to be the largest market. The Asia-Pacific’s market is expected to grow with a lucrative CAGR during the forecast period. The growth of the region’s market is attributed to rapid industrial development and supportive government initiatives.

    Hydropower-Turbine-Market By-Region

    Know which region offers best growth opportunities. Click here

    Some of the major players in the hydropower turbine market are-

    • General Electric
    • Siemens AG
    • Toshiba Corporation
    • Kirloskar Brothers Limited
    • Capstone Turbine
    • Wartsila
    • IMPSA
    • Voith
    • WWS Wasserkraft GmbH.

     

    Market Scope & Segmentation

    Hydropower turbines are the means to produce electricity. In hydropower turbines, where mechanical energy is created as the moving water spins rotors on a turbine. This energy is converted to electrical energy for further transmission.

    The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

    Hydropower Turbine Market Research Report – Features

    Market Segmentation

    4

    Regions Covered

    4

    Countries/Sub-Regions Covered

    17

    No. of Figures & Tables

    >150

    Company Profiles

    8

     

    The hydropower turbine market is segmented into the following categories. 

    Hydropower Turbine Market Size, Share, & Forecast, by Capacity Type:

    • ≤1 MW  (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • 1 - 10 MW (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • >10 MW  (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Hydropower Turbine Market Size, Share, & Forecast, by Product Type:

    • Impulse
      • (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
      • (Product Type Analysis: Pelton, Turgo, Cross flow, and Archimedean Screw)
    • Reaction
      • (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
      • (Product Type Analysis: Propeller, Francis, and Kinetic)

    Hydropower Turbine Market Size, Share, & Forecast, by Head Type:

    • 2–25 m (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • 25–70 m (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • >70 m (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Hydropower Turbine Market Size, Share, & Forecast, by Region:

    • North America (Country Analysis: the USA, Canada, and Mexico) 
    • Europe (Country Analysis: Germany, France, the UK, Russia, Spain, and Rest of Europe)
    • Asia-Pacific (Country Analysis: China, Japan, India, South Korea, and Rest of Asia-Pacific)
    • Rest of the World (Sub-Region Analysis: Latin America, the Middle East, and Others)

    Hydropower-Turbine-Market-Segmentation

    Want to know the most attractive market segments? Click here

    Research Methodology

    This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data. We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both the qualitative and quantitative insights.

     

    Report Features

    This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:

    • Market structure: Overview, industry life cycle analysis, supply chain analysis
    • Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
    • Market trend and forecast analysis
    • Market segment trend and forecast
    • Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
    • Attractive market segments and associated growth opportunities
    • Emerging trends
    • Strategic growth opportunities for the existing and new players
    • Key success factors

     

    Report Customization Options

    With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

    Company Profiling

    • Detailed profiling of additional market players (up to 3 players)
    • SWOT analysis of key players (up to 3 players)

    Market Segmentation

    • Current market segmentation of any one of the product types by capacity type.  

    Competitive Benchmarking

    • Benchmarking of key players on the following parameters: product portfolio, geographical reach, regional presence, and strategic alliances

    Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at [email protected]


    Frequently Asked Questions (FAQs)

    What will be the growth of Hydropower Turbine Market in the foreseeable future?

    The hydropower turbine market is expected to witness an impressive growth of 7.9% CAGR in the foreseeable future.

    Who are the key players in the Hydropower Turbine Market?

    General Electric, Siemens AG, Toshiba Corporation, Kirloskar Brothers Limited, Capstone Turbine, Wartsila, IMPSA, Voith, and WWS Wasserkraft GmbH are among the key players in the hydropower turbine market.

    Which country/region is expected to be the largest Hydropower Turbine Market?

    Asia-Pacific is expected to be the largest hydropower turbine market during the next five years.

    Which product type is expected to remain dominant in the Hydropower Turbine Market?

    The impulse segment is expected to remain dominant in the hydropower turbine market in the coming years.

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