Global Hydro Turbines Market Growth 2025-2031

The global Hydro Turbines market size is predicted to grow from US$ 3682 million in 2025 to US$ 4870 million in 2031; it is expected to grow at a CAGR of 4.8% from 2025 to 2031.

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.

Globally, the hydro turbines industry market is concentrated as the manufacturing technology of hydro turbines is relatively immature. And some enterprises, like Andritz, Voith, GE, etc. are well-known for the wonderful performance of their Hydro Turbines. At the same time, Asia-Pacific, occupied 60% sales market share in 2019, is remarkable in the global hydro turbines industry.

LP Information, Inc. (LPI) ' newest research report, the “Hydro Turbines Industry Forecast” looks at past sales and reviews total world Hydro Turbines sales in 2024, providing a comprehensive analysis by region and market sector of projected Hydro Turbines sales for 2025 through 2031. With Hydro Turbines sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Hydro Turbines industry.

This Insight Report provides a comprehensive analysis of the global Hydro Turbines landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Hydro Turbines portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Hydro Turbines market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Hydro Turbines and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Hydro Turbines.

This report presents a comprehensive overview, market shares, and growth opportunities of Hydro Turbines market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Francis
Kaplan
Pelton
Others

Segmentation by Application:
Small Hydro(1-50MW)
Medium Hydro(50-100MW)
Large Hydro(>100MW)

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Andritz
Voith
GE
Toshiba
Dongfang Electric
BHEL
Hitachi Mitsubishi
Harbin Electric
IMPSA
Zhefu
Power Machines
CME
Marvel
Global Hydro Energy
Zhejiang Jinlun Electromechanic
Tianfa
Litostroj Power Group
Gilkes
GUGLER Water Turbines
Geppert Hydropower
FLOVEL
DE PRETTO INDUSTRIE SRL
Franco Tosi Meccanica

Key Questions Addressed in this Report

What is the 10-year outlook for the global Hydro Turbines market?

What factors are driving Hydro Turbines market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Hydro Turbines market opportunities vary by end market size?

How does Hydro Turbines break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.