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Hydro Turbine Market - Top Companies and Manufacturers

  • Report ID: 3365
  • Published Date: Jul 23, 2024
  • Report Format: PDF, PPT

Companies Dominating the Hydro Turbine Landscape

    • Voith GmbH & Co. KGaA
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    • LITOSTROJ POWER d.o.o.
    • Toshiba Energy Systems & Solutions Corporation
    • GE Group
    • Siemens AG
    • ANDRITZ Hydro
    • Kirloskar Brothers Limited
    • Harbin Electric Machinery Company Limited
    • Canyon Hydro
    • Cornell Pump Company
Browse Key Market Insights with Data Illustration:

In the News

  • GE Group declared that it was selected for the refurbishment of two hydropower stations at the Mangla hydropower plant in Pakistan which has 10 hydro turbines in total. The selection was made by Water and Power Development Authority (WAPDA) to design, supply, install, test, and commission the two hydro turbine and generator components.
  • Toshiba Energy Systems & Solutions Corporation provided turbine and 30MW bulb hydroelectric generator units for the Hubei Xinji Hydropower Plant in China.

Author Credits:  Dhruv Bhatia


  • Report ID: 3365
  • Published Date: Jul 23, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2024, the industry size of hydro turbine is assessed at USD 2.2 Billion.

The hydro turbine market size was over USD 2.1 Billion in 2023 and is likely to reach USD 4.07 Billion by the end of 2036, growing at around 5.2% CAGR during the forecast period i.e., between 2024-2036. The growing number of water turbine projects in dams to generate electric power from water potential energy are the major factors driving the market growth.

North America industry is poised to account for the largest share of 26% by 2036, driven by rising climate concerns amongst the authorities and common people.

Voith GmbH & Co. KGaA, LITOSTROJ POWER d.o.o., Toshiba Energy Systems & Solutions Corporation, GE Group, Siemens AG, ANDRITZ Hydro, Kirloskar Brothers Limited, Harbin Electric Machinery Company Limited, Canyon Hydro, Cornell Pump Company
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