세계의 수력 발전 터빈 시장 : 유형, 용도, 용량별 예측(2025-2030년)

The Hydropower Turbines Market was valued at USD 3.25 billion in 2023, expected to reach USD 3.41 billion in 2024, and is projected to grow at a CAGR of 4.99%, to USD 4.57 billion by 2030.

Hydropower turbines are pivotal components in the conversion of kinetic energy from water into electricity, forming an essential part of renewable energy infrastructure. The market for hydropower turbines is broad, encompassing various types such as Francis, Kaplan, and Pelton turbines, each suited to different water flow conditions and head heights. The necessity of hydropower turbines is underscored by the global push towards sustainable energy solutions and the need to mitigate climate change through reduced reliance on fossil fuels. These turbines find applications in generating electricity for national grids, as backup power supplies, and in micro-hydropower settings for localized energy production. End-use scopes cover utility-scale installations, municipal power production, and small-scale energy projects, particularly in off-grid or rural areas. Key growth influencers in the market include government incentives, increased investment in renewable energy projects, technological advancements that enhance efficiency, and rising global energy demands. Potential opportunities lie in emerging markets in Asia-Pacific and Africa, where hydropower potential remains underexplored and demand is rising. Companies are recommended to invest in innovative designs, improve turbine efficiency, and harness digital technologies for predictive maintenance and grid integration. However, limitations include high initial capital costs, potential environmental impacts such as habitat disruption, regulatory hurdles, and long development periods. Areas for innovation that promise growth include hybrid systems combining solar and hydropower, advancements in fish-friendly turbine designs, and the development of compact systems for low-flow water bodies. The market is dynamic and competitive, driven by technological progress and environmental imperatives, where continuous R&D is crucial for maintaining a competitive edge and addressing the challenges of environmental impact and cost-efficiency in operations.

Market Dynamics: Unveiling Key Market Insights in the Rapidly Evolving Hydropower Turbines Market

The Hydropower Turbines Market is undergoing transformative changes driven by a dynamic interplay of supply and demand factors. Understanding these evolving market dynamics prepares business organizations to make informed investment decisions, refine strategic decisions, and seize new opportunities. By gaining a comprehensive view of these trends, business organizations can mitigate various risks across political, geographic, technical, social, and economic domains while also gaining a clearer understanding of consumer behavior and its impact on manufacturing costs and purchasing trends.

• Market Drivers
  • Rising electricity consumption due to urbanization and population growth necessitating more renewable energy sources
  • Stringent environmental regulations requiring reduced dependence on fossil fuels and encouraging renewable energy
  • Decrease in costs associated with hydropower energy production making it more economically viable
  • Increasing focus on energy security and independence driving investments in domestic renewable energy resources
• Market Restraints
  • Regulatory challenges and permitting issues slowing down hydropower project implementations globally
  • Integration challenges with existing power grids and variable water flow affecting efficiency of hydropower turbines
• Market Opportunities
  • Expansion of small-scale hydropower projects in remote and rural areas enhancing energy access
  • Integration of digital solutions and IoT in hydropower operations for optimized performance and maintenance
  • Rising environmental concerns and regulations driving innovation in eco-friendly hydropower turbine designs
• Market Challenges
  • Technological advancements and their impact on existing hydropower turbine operations
  • Limited availability of suitable sites for new hydropower turbine installations

Porter's Five Forces: A Strategic Tool for Navigating the Hydropower Turbines Market

Porter's five forces framework is a critical tool for understanding the competitive landscape of the Hydropower Turbines Market. It offers business organizations with a clear methodology for evaluating their competitive positioning and exploring strategic opportunities. This framework helps businesses assess the power dynamics within the market and determine the profitability of new ventures. With these insights, business organizations can leverage their strengths, address weaknesses, and avoid potential challenges, ensuring a more resilient market positioning.

PESTLE Analysis: Navigating External Influences in the Hydropower Turbines Market

External macro-environmental factors play a pivotal role in shaping the performance dynamics of the Hydropower Turbines Market. Political, Economic, Social, Technological, Legal, and Environmental factors analysis provides the necessary information to navigate these influences. By examining PESTLE factors, businesses can better understand potential risks and opportunities. This analysis enables business organizations to anticipate changes in regulations, consumer preferences, and economic trends, ensuring they are prepared to make proactive, forward-thinking decisions.

Market Share Analysis: Understanding the Competitive Landscape in the Hydropower Turbines Market

A detailed market share analysis in the Hydropower Turbines Market provides a comprehensive assessment of vendors' performance. Companies can identify their competitive positioning by comparing key metrics, including revenue, customer base, and growth rates. This analysis highlights market concentration, fragmentation, and trends in consolidation, offering vendors the insights required to make strategic decisions that enhance their position in an increasingly competitive landscape.

FPNV Positioning Matrix: Evaluating Vendors' Performance in the Hydropower Turbines Market

The Forefront, Pathfinder, Niche, Vital (FPNV) Positioning Matrix is a critical tool for evaluating vendors within the Hydropower Turbines Market. This matrix enables business organizations to make well-informed decisions that align with their goals by assessing vendors based on their business strategy and product satisfaction. The four quadrants provide a clear and precise segmentation of vendors, helping users identify the right partners and solutions that best fit their strategic objectives.

Strategy Analysis & Recommendation: Charting a Path to Success in the Hydropower Turbines Market

A strategic analysis of the Hydropower Turbines Market is essential for businesses looking to strengthen their global market presence. By reviewing key resources, capabilities, and performance indicators, business organizations can identify growth opportunities and work toward improvement. This approach helps businesses navigate challenges in the competitive landscape and ensures they are well-positioned to capitalize on newer opportunities and drive long-term success.

Key Company Profiles

The report delves into recent significant developments in the Hydropower Turbines Market, highlighting leading vendors and their innovative profiles. These include Alstom SA, ANDRITZ AG, ATB Riva Calzoni, BHEL (Bharat Heavy Electricals Limited), Canadian Hydro Components Ltd., Canyon Hydro, Dongfang Electric Corporation Limited, General Electric, Gilkes, Global Hydro Energy GmbH, GUGLER Water Turbines GmbH, Harbin Electric International Company Limited, Kirloskar Brothers Limited, Litostroj Power Group, Mitsubishi Hitachi Power Systems, Ltd., Rainpower, Siemens Energy, Toshiba Energy Systems & Solutions Corporation, Voith GmbH & Co. KGaA, and Zeco Hydropower.

Market Segmentation & Coverage

This research report categorizes the Hydropower Turbines Market to forecast the revenues and analyze trends in each of the following sub-markets:

• Based on Type, market is studied across Impulse Turbines and Reaction Turbines. The Impulse Turbines is further studied across Crossflow Turbine, Pelton Turbine, and Turgo Turbine. The Reaction Turbines is further studied across Bulb Turbine, Francis Turbine, and Kaplan Turbine.
• Based on Application, market is studied across Large Hydropower Plants, Ocean Power and Future, and Small Hydropower Plants Now and Future. The Ocean Power and Future is further studied across Tidal Power and Wave Power. The Small Hydropower Plants Now and Future is further studied across Run-of-River Plants and Storage Plants. The Run-of-River Plants is further studied across Micro Hydropower Plants and Mini Hydropower Plants. The Storage Plants is further studied across Pumped Storage Plants.
• Based on Capacity, market is studied across 1-10 MW, Above 10 MW, and Up to 1 MW.
• Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom.

The report offers a comprehensive analysis of the market, covering key focus areas:

1. Market Penetration: A detailed review of the current market environment, including extensive data from top industry players, evaluating their market reach and overall influence.

2. Market Development: Identifies growth opportunities in emerging markets and assesses expansion potential in established sectors, providing a strategic roadmap for future growth.

3. Market Diversification: Analyzes recent product launches, untapped geographic regions, major industry advancements, and strategic investments reshaping the market.

4. Competitive Assessment & Intelligence: Provides a thorough analysis of the competitive landscape, examining market share, business strategies, product portfolios, certifications, regulatory approvals, patent trends, and technological advancements of key players.

5. Product Development & Innovation: Highlights cutting-edge technologies, R&D activities, and product innovations expected to drive future market growth.

The report also answers critical questions to aid stakeholders in making informed decisions:

1. What is the current market size, and what is the forecasted growth?

2. Which products, segments, and regions offer the best investment opportunities?

3. What are the key technology trends and regulatory influences shaping the market?

4. How do leading vendors rank in terms of market share and competitive positioning?

5. What revenue sources and strategic opportunities drive vendors' market entry or exit strategies?

Table of Contents

1. Preface

• 1.1. Objectives of the Study
• 1.2. Market Segmentation & Coverage
• 1.3. Years Considered for the Study
• 1.4. Currency & Pricing
• 1.5. Language
• 1.6. Stakeholders

2. Research Methodology

• 2.1. Define: Research Objective
• 2.2. Determine: Research Design
• 2.3. Prepare: Research Instrument
• 2.4. Collect: Data Source
• 2.5. Analyze: Data Interpretation
• 2.6. Formulate: Data Verification
• 2.7. Publish: Research Report
• 2.8. Repeat: Report Update

3. Executive Summary

4. Market Overview

5. Market Insights

• 5.1. Market Dynamics
  • 5.1.1. Drivers
    • 5.1.1.1. Rising electricity consumption due to urbanization and population growth necessitating more renewable energy sources
    • 5.1.1.2. Stringent environmental regulations requiring reduced dependence on fossil fuels and encouraging renewable energy
    • 5.1.1.3. Decrease in costs associated with hydropower energy production making it more economically viable
    • 5.1.1.4. Increasing focus on energy security and independence driving investments in domestic renewable energy resources
  • 5.1.2. Restraints
    • 5.1.2.1. Regulatory challenges and permitting issues slowing down hydropower project implementations globally
    • 5.1.2.2. Integration challenges with existing power grids and variable water flow affecting efficiency of hydropower turbines
  • 5.1.3. Opportunities
    • 5.1.3.1. Expansion of small-scale hydropower projects in remote and rural areas enhancing energy access
    • 5.1.3.2. Integration of digital solutions and IoT in hydropower operations for optimized performance and maintenance
    • 5.1.3.3. Rising environmental concerns and regulations driving innovation in eco-friendly hydropower turbine designs
  • 5.1.4. Challenges
    • 5.1.4.1. Technological advancements and their impact on existing hydropower turbine operations
    • 5.1.4.2. Limited availability of suitable sites for new hydropower turbine installations
• 5.2. Market Segmentation Analysis
• 5.3. Porter's Five Forces Analysis
  • 5.3.1. Threat of New Entrants
  • 5.3.2. Threat of Substitutes
  • 5.3.3. Bargaining Power of Customers
  • 5.3.4. Bargaining Power of Suppliers
  • 5.3.5. Industry Rivalry
• 5.4. PESTLE Analysis
  • 5.4.1. Political
  • 5.4.2. Economic
  • 5.4.3. Social
  • 5.4.4. Technological
  • 5.4.5. Legal
  • 5.4.6. Environmental

6. Hydropower Turbines Market, by Type

• 6.1. Introduction
• 6.2. Impulse Turbines
  • 6.2.1. Crossflow Turbine
  • 6.2.2. Pelton Turbine
  • 6.2.3. Turgo Turbine
• 6.3. Reaction Turbines
  • 6.3.1. Bulb Turbine
  • 6.3.2. Francis Turbine
  • 6.3.3. Kaplan Turbine

7. Hydropower Turbines Market, by Application

• 7.1. Introduction
• 7.2. Large Hydropower Plants
• 7.3. Ocean Power and Future
  • 7.3.1. Tidal Power
  • 7.3.2. Wave Power
• 7.4. Small Hydropower Plants Now and Future
  • 7.4.1. Run-of-River Plants
    • 7.4.1.1. Micro Hydropower Plants
    • 7.4.1.2. Mini Hydropower Plants
  • 7.4.2. Storage Plants
    • 7.4.2.1. Pumped Storage Plants

8. Hydropower Turbines Market, by Capacity

• 8.1. Introduction
• 8.2. 1-10 MW
• 8.3. Above 10 MW
• 8.4. Up to 1 MW

9. Americas Hydropower Turbines Market

• 9.1. Introduction
• 9.2. Argentina
• 9.3. Brazil
• 9.4. Canada
• 9.5. Mexico
• 9.6. United States

10. Asia-Pacific Hydropower Turbines Market

• 10.1. Introduction
• 10.2. Australia
• 10.3. China
• 10.4. India
• 10.5. Indonesia
• 10.6. Japan
• 10.7. Malaysia
• 10.8. Philippines
• 10.9. Singapore
• 10.10. South Korea
• 10.11. Taiwan
• 10.12. Thailand
• 10.13. Vietnam

11. Europe, Middle East & Africa Hydropower Turbines Market

• 11.1. Introduction
• 11.2. Denmark
• 11.3. Egypt
• 11.4. Finland
• 11.5. France
• 11.6. Germany
• 11.7. Israel
• 11.8. Italy
• 11.9. Netherlands
• 11.10. Nigeria
• 11.11. Norway
• 11.12. Poland
• 11.13. Qatar
• 11.14. Russia
• 11.15. Saudi Arabia
• 11.16. South Africa
• 11.17. Spain
• 11.18. Sweden
• 11.19. Switzerland
• 11.20. Turkey
• 11.21. United Arab Emirates
• 11.22. United Kingdom

12. Competitive Landscape

• 12.1. Market Share Analysis, 2023
• 12.2. FPNV Positioning Matrix, 2023
• 12.3. Competitive Scenario Analysis
• 12.4. Strategy Analysis & Recommendation

Companies Mentioned

• 1. Alstom SA
• 2. ANDRITZ AG
• 3. ATB Riva Calzoni
• 4. BHEL (Bharat Heavy Electricals Limited)
• 5. Canadian Hydro Components Ltd.
• 6. Canyon Hydro
• 7. Dongfang Electric Corporation Limited
• 8. General Electric
• 9. Gilkes
• 10. Global Hydro Energy GmbH
• 11. GUGLER Water Turbines GmbH
• 12. Harbin Electric International Company Limited
• 13. Kirloskar Brothers Limited
• 14. Litostroj Power Group
• 15. Mitsubishi Hitachi Power Systems, Ltd.
• 16. Rainpower
• 17. Siemens Energy
• 18. Toshiba Energy Systems & Solutions Corporation
• 19. Voith GmbH & Co. KGaA
• 20. Zeco Hydropower