Hydro Turbine Market SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024 - 2031)

Hydro Turbine Market is segmented By Type (Francis Turbines, Pelton Turbines, Kaplan Turbines, Cross-Flow Turbines), By Application (Hydropower Generation, Water Treatment Systems, Flood Control, Irrigation), By Installation (New Installations, ,Upgrades & Replacements) By Capacity (Small Scale Hydro Turbines, Medium Scale Hydro Turbines, Large Scale Hydro Turbines), By Geography (North America, Latin America, Asia Pacific, Europe, Middle East, and Africa). The report offers the value (in USD billion) for the above-mentioned segments.

Hydro Turbine Market is segmented By Type (Francis Turbines, Pelton Turbines, Kaplan Turbines, Cross-Flow Turbines), By Application (Hydropower Genera....

Hydro Turbine Market Size

Market Size in USD

CAGR6.4%

Study Period	2024 - 2031
Base Year of Estimation	2023
CAGR	6.4%
Market Concentration	Medium
Major Players	General Electric Company, Siemens AG, Andritz AG, Voith Group, Toshiba Corporation

*Disclaimer: Major players are listed in no particular order.

*Source: Coherent Market Insights

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Hydro Turbine Market Analysis

The hydro turbine market is estimated to be valued at USD 9.9 Bn in 2024 and is expected to reach USD 15.33 Bn by 2031. It is projected to grow at a compound annual growth rate (CAGR) of 6.4% from 2024 to 2031. Growth in renewable energy adoption and supportive government policies promoting clean energy are fueling growth of the hydro turbines market.

Hydro Turbine Market Report Snapshots

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