Published by Coherent Market Insights
Posted on October 8, 2021
3 min readLast updated: January 30, 2026
The hydro turbine generator market is set to grow to $9,510 Mn by 2027, driven by advancements in turbine technology and increased hydropower demand.
United States/WA: The global hydro turbine generator unit market was valued at US$ 7,320.0 Mn in 2019 and is expected to reach US$ 9,510.0 Mn by 2027 at a CAGR of 3.5% between 2020 and 2027.
Report Pages:[240 Pages]
Market Competitive Landscape:-
Major layers operating in the Global Hydro Turbine Generator Unit Market are: Andritz AG, General Electric, The Voith Group, Toshiba Energy Systems & Solutions Corporation, Harbin Electric International Company Limited, Dongfeng Electric Machinery Co., Ltd., Power Machines, Hitachi Mitsubishi Hydro Corporation, IMPSA, Zhefu Holding Group Co., Ltd., Bharat Heavy Electricals Limited (BHEL), Gilbert Gilkes & Gordon Ltd., Kirloskar Brothers Limited, WWS Wasserkraft GmbH, FLOVEL Energy Private Limited, and Litostroj Power.
The role of the turbine is to transform the energy of water, steam or wind into mechanical energy that will make the generator spin. The generator transforms the mechanical energy into electricity. In hydropower plants, this combination of generator and turbine is called a generating unit. 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. Another type of hydropower, called pumped storage hydropower, or PSH, works like a giant battery. A PSH facility is able to store the electricity generated by other power sources, like solar, wind, and nuclear, for later use. These facilities store energy by pumping water from a reservoir at a lower elevation to a reservoir at a higher elevation.
Get Sample Report + All Related Info (with COVID 19 Impact Analysis):
https://www.coherentmarketinsights.com/insight/request-sample/4432
Coherent Market Insights is celebrating its 5th Anniversary and offering a Flat 2000 USD DISCOUNT. The offer is valid for all CMI reports. Let’s celebrate with us.
Detailed Segmentation
Go Through Our Trusted Clients List: https://www.coherentmarketinsights.com/trusted-by
Contact Us:
Mr. Shah
Coherent Market Insights
1001 4th Ave,
#3200
Seattle, WA 98154
Tel: +1-206-701-6702
Email: sales@coherentmarketinsights.com
The post Complete SWOT Analysis on: Hydro Turbine Generator Unit Market Outlook 201 with Industry Updates appeared first on Gatorledger.
The article focuses on the SWOT analysis of the global hydro turbine generator unit market.
The market is expected to grow from $7,320 Mn in 2019 to $9,510 Mn by 2027 at a CAGR of 3.5%.
Major players include Andritz AG, General Electric, and The Voith Group.
Explore more articles in the Research Reports category
