Market Overview:
The global hydro electromechanical equipment market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The market growth is attributed to the increasing demand for electricity and the need for renewable energy sources. In addition, the growing investment in hydro power projects across the globe is also contributing to the growth of this market. The turbine segment accounted for the largest share of the global hydro electromechanical equipment market in 2017 and is projected to grow at a CAGR of 5.8% from 2018 to 2030. This segment is primarily driven by increasing investments in new hydro power projects across different regions worldwide. The generator segment accounted for second-largest share of this market in 2017 and is projected grow at a CAGR of 5%.
Product Definition:
Hydro electromechanical equipment is a type of equipment that uses both hydraulic and electrical power to operate. This type of equipment is often used in industrial settings, where it can be used to control large machinery or other pieces of heavy equipment. Hydro electromechanical equipment can also be used for lifting and moving objects, making it an important tool in many industrial applications.
Turbine:
A turbine is an engine, which extracts energy from a moving fluid. The turbine blades are fixed in the rotating body and are used to convert the kinetic energy into useful power. The most commonly used turbines include water turbines, gas or steam turbines, wind turbines and nuclear reactors' heat engines.
The global hydro electromechanical equipment market is expected to witness significant growth over the forecast period owing to increasing electricity demand coupled with depleting fossil fuel reserves.
Generator:
A generator is a device used to convert the electrical energy generated at one point to another with different voltage levels. It is mainly used in power plants for converting the low-voltage electricity into high-voltage electricity and back again. The main function of a generator is to step up or step down the voltage level of an electric current as per requirements, generally accepted standards, and safety regulations.
Application Insights:
Small hydroelectric power plants (SHPP) accounted for the largest market share in 2017 and are projected to witness significant growth over the forecast period. Increasing government funding for the development of small hydropower projects is expected to be a key factor driving industry expansion over the coming years. Medium-sized hydroelectric power plants (MHPP) are also estimated to have considerable growth prospects owing to increasing demand for clean, renewable sources of energy.
Large-scale hydroelectrical equipment includes both large MHPP as well as multi-megawatt (MW) & above conventional hydropower generation units. Large scalehydro has been experiencing rapid adoption owing to its abilityto produce consistent & sustained electricity production, low maintenance cost, low environmental impact and easy installation process at a lower cost than other forms of energy generation such as solar or wind energy installations.
Regional Analysis:
Europe accounted for the largest market share of over 35% in 2017. The region is expected to dominate the global hydro electromechanical equipment market over the forecast period owing to increasing demand from countries, such as Germany, France and Italy. In addition, growing renewable energy production from hydropower is anticipated to drive industry growth in Europe during the forecast period.
Asia Pacific is projected to be one of the fastest-growing regional markets during the same year due to rapid development of small hydroelectric projects across emerging economies including China and India. Furthermore, favorable government policies regarding large scale investments are also driving growth across this region.
Growth Factors:
- Increasing demand for electricity due to population growth and industrialization in developing countries
- Rapid urbanization and the consequent need for reliable and efficient power supply in cities
- Growing awareness about the benefits of using hydro electromechanical equipment among consumers, especially in developed countries
- Technological advancements that have led to the development of more efficient and durable equipment
- Rising investments by governments and private players in hydro electromechanical projects
Scope Of The Report
Report Attributes
Report Details
Report Title
Hydro Electromechanical Equipment Market Research Report
By Type
Turbine, Generator, Others
By Application
Small Hydro(1-50MW), Medium Hydro(50-100MW), Large Hydro(>100MW)
By Companies
Voith GmbH, Andritz Hydro, GE, Siemens, Flovel Energy Private Limited, Toshiba, BHEL, SNC-Lavalin, HNAC Technology, Gilbert Gilkes & Gordon Ltd, Mavel, Hydrotu, Ganz EEPM, Kolektor Turboinstitut, Canyon Hydro, CKD Blansko, Canadian Hydro Components, Atb Riva Calzoni, B Fouress, Global Hydro Energy, ScottHydroElectric, Siapro, GUGLER, Zhejiang Jinlun Electromechanic, Hangzhou Power Equipment Co., Ganzhou Complete Sets of Power Generating Equipments Manufacture Co., Suneco Hydro, TES Vsetín, Smart Hydro Power, Turab
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
131
Number of Tables & Figures
92
Customization Available
Yes, the report can be customized as per your need.
Global Hydro Electromechanical Equipment Market Report Segments:
The global Hydro Electromechanical Equipment market is segmented on the basis of:
Types
Turbine, Generator, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Small Hydro(1-50MW), Medium Hydro(50-100MW), Large Hydro(>100MW)
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Voith GmbH
- Andritz Hydro
- GE
- Siemens
- Flovel Energy Private Limited
- Toshiba
- BHEL
- SNC-Lavalin
- HNAC Technology
- Gilbert Gilkes & Gordon Ltd
- Mavel
- Hydrotu
- Ganz EEPM
- Kolektor Turboinstitut
- Canyon Hydro
- CKD Blansko
- Canadian Hydro Components
- Atb Riva Calzoni
- B Fouress
- Global Hydro Energy
- ScottHydroElectric
- Siapro
- GUGLER
- Zhejiang Jinlun Electromechanic
- Hangzhou Power Equipment Co.
- Ganzhou Complete Sets of Power Generating Equipments Manufacture Co.
- Suneco Hydro
- TES Vsetín
- Smart Hydro Power
- Turab
Highlights of The Hydro Electromechanical Equipment Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Turbine
- Generator
- Others
- By Application:
- Small Hydro(1-50MW)
- Medium Hydro(50-100MW)
- Large Hydro(>100MW)
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Hydro Electromechanical Equipment Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Hydro Electromechanical Equipment (HEE) is a type of machinery that uses water as its working fluid. This equipment can be used to power various machines, including pumps, turbines, and generators.
Some of the key players operating in the hydro electromechanical equipment market are Voith GmbH, Andritz Hydro, GE, Siemens, Flovel Energy Private Limited, Toshiba, BHEL, SNC-Lavalin, HNAC Technology, Gilbert Gilkes & Gordon Ltd, Mavel, Hydrotu, Ganz EEPM, Kolektor Turboinstitut, Canyon Hydro, CKD Blansko, Canadian Hydro Components, Atb Riva Calzoni, B Fouress, Global Hydro Energy, ScottHydroElectric, Siapro, GUGLER, Zhejiang Jinlun Electromechanic, Hangzhou Power Equipment Co., Ganzhou Complete Sets of Power Generating Equipments Manufacture Co., Suneco Hydro, TES Vsetn, Smart Hydro Power, Turab.
The hydro electromechanical equipment market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Hydro Electromechanical Equipment Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Hydro Electromechanical Equipment Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Hydro Electromechanical Equipment Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Hydro Electromechanical Equipment Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Hydro Electromechanical Equipment Market Size & Forecast, 2018-2028
4.5.1 Hydro Electromechanical Equipment Market Size and Y-o-Y Growth
4.5.2 Hydro Electromechanical Equipment Market Absolute $ Opportunity
Chapter 5 Global Hydro Electromechanical Equipment Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Hydro Electromechanical Equipment Market Size Forecast by Type
5.2.1 Turbine
5.2.2 Generator
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Hydro Electromechanical Equipment Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Hydro Electromechanical Equipment Market Size Forecast by Applications
6.2.1 Small Hydro(1-50MW)
6.2.2 Medium Hydro(50-100MW)
6.2.3 Large Hydro(>100MW)
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Hydro Electromechanical Equipment Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Hydro Electromechanical Equipment Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Hydro Electromechanical Equipment Analysis and Forecast
9.1 Introduction
9.2 North America Hydro Electromechanical Equipment Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Hydro Electromechanical Equipment Market Size Forecast by Type
9.6.1 Turbine
9.6.2 Generator
9.6.3 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Hydro Electromechanical Equipment Market Size Forecast by Applications
9.10.1 Small Hydro(1-50MW)
9.10.2 Medium Hydro(50-100MW)
9.10.3 Large Hydro(>100MW)
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Hydro Electromechanical Equipment Analysis and Forecast
10.1 Introduction
10.2 Europe Hydro Electromechanical Equipment Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Hydro Electromechanical Equipment Market Size Forecast by Type
10.6.1 Turbine
10.6.2 Generator
10.6.3 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Hydro Electromechanical Equipment Market Size Forecast by Applications
10.10.1 Small Hydro(1-50MW)
10.10.2 Medium Hydro(50-100MW)
10.10.3 Large Hydro(>100MW)
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Hydro Electromechanical Equipment Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Hydro Electromechanical Equipment Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Hydro Electromechanical Equipment Market Size Forecast by Type
11.6.1 Turbine
11.6.2 Generator
11.6.3 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Hydro Electromechanical Equipment Market Size Forecast by Applications
11.10.1 Small Hydro(1-50MW)
11.10.2 Medium Hydro(50-100MW)
11.10.3 Large Hydro(>100MW)
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Hydro Electromechanical Equipment Analysis and Forecast
12.1 Introduction
12.2 Latin America Hydro Electromechanical Equipment Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Hydro Electromechanical Equipment Market Size Forecast by Type
12.6.1 Turbine
12.6.2 Generator
12.6.3 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Hydro Electromechanical Equipment Market Size Forecast by Applications
12.10.1 Small Hydro(1-50MW)
12.10.2 Medium Hydro(50-100MW)
12.10.3 Large Hydro(>100MW)
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Hydro Electromechanical Equipment Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Hydro Electromechanical Equipment Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Hydro Electromechanical Equipment Market Size Forecast by Type
13.6.1 Turbine
13.6.2 Generator
13.6.3 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Hydro Electromechanical Equipment Market Size Forecast by Applications
13.10.1 Small Hydro(1-50MW)
13.10.2 Medium Hydro(50-100MW)
13.10.3 Large Hydro(>100MW)
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Hydro Electromechanical Equipment Market: Competitive Dashboard
14.2 Global Hydro Electromechanical Equipment Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Voith GmbH
14.3.2 Andritz Hydro
14.3.3 GE
14.3.4 Siemens
14.3.5 Flovel Energy Private Limited
14.3.6 Toshiba
14.3.7 BHEL
14.3.8 SNC-Lavalin
14.3.9 HNAC Technology
14.3.10 Gilbert Gilkes & Gordon Ltd
14.3.11 Mavel
14.3.12 Hydrotu
14.3.13 Ganz EEPM
14.3.14 Kolektor Turboinstitut
14.3.15 Canyon Hydro
14.3.16 CKD Blansko
14.3.17 Canadian Hydro Components
14.3.18 Atb Riva Calzoni
14.3.19 B Fouress
14.3.20 Global Hydro Energy
14.3.21 ScottHydroElectric
14.3.22 Siapro
14.3.23 GUGLER
14.3.24 Zhejiang Jinlun Electromechanic
14.3.25 Hangzhou Power Equipment Co.
14.3.26 Ganzhou Complete Sets of Power Generating Equipments Manufacture Co.
14.3.27 Suneco Hydro
14.3.28 TES Vsetín
14.3.29 Smart Hydro Power
14.3.30 Turab
