Hydro Turbine Market - Top Companies and Manufacturers

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:

Hydro Turbine Market Size & Share | Growth Forecasts 2037

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.

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of hydro turbine is estimated at USD 2.4 billion.

The hydro turbine market size was valued at USD 2.21 billion in 2024 and is likely to cross USD 4.32 billion by 2037, registering more than 5.3% CAGR during the forecast period i.e., between 2025-2037. The growing number of water turbine projects in dams to generate electric power from water potential energy will boost the market growth.

Asia Pacific industry is likely to hold largest revenue share of 37% by 2037, credited to presence of a large number of hydropower stations in the region, and their high potential for generating hydroelectricity.

The major players in the market are 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

Hydro Turbine Market - Top Companies and Manufacturers

Companies Dominating the Hydro Turbine Landscape

Browse Key Market Insights with Data Illustration:

In the News

Frequently Asked Questions (FAQ)

What is the size of the hydro turbine market?

Why is the hydro turbine sector gaining traction in near future?

Which region accounted for the largest hydro turbine industry share?

Who are the major hydro turbine players?