Market Overview:
The global hydrogenerator market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for electricity and rising awareness about renewable energy sources. In terms of type, the synchronous hydrogenerators segment is expected to hold the largest share of the market during the forecast period. This can be attributed to their high efficiency and low emissions levels as compared to asynchronous hydrogenerators.
Product Definition:
A hydrogenerator is a machine that converts the energy of flowing or falling water into electrical energy. Hydroelectric generators are used to produce electricity from large dams. The importance of hydrogenerators is that they provide a renewable source of energy that does not produce greenhouse gases.
Synchronous Hydrogenerators:
Synchronous hydrogenerators are used to generate power using the natural water flow. They are mostly used in small-scale applications such as residential and commercial buildings, recreational facilities, and agricultural irrigation. The market for these devices is expected to witness significant growth owing to increasing government support for hydro power generation coupled with rising awareness among people regarding renewable energy sources.
Asynchronous Hydrogenerators:
Asynchronous hydrogenerators are devices that use the energy from moving water to generate electricity. The most common form of this device is a stream, river or lake turbine which uses the kinetic energy in flowing water. Asynchronous hydrogenerators can be used with other power sources such as wind turbines and hydroelectricity dams for additional electricity production.
The global market for asynchronous hydrogenerators was valued at USD 943 million in 2016.
Application Insights:
The oil and gas industry was the largest application segment in 2017. The electricity industry is expected to be the fastest-growing application segment over the forecast period owing to increasing demand for power generation from remote locations.
Hydrogen produced from renewable sources, such as solar and wind energy, is used in ammonia production which is further utilized in ammonia plants. Ammonia produced from fossil fuels is used as a fuel additive in gasoline engines whereas hydrogen produced by means of electrolysis uses water as an electron donor resulting in zero emissions when combustion occurs. Thus, usage of renewable sources leads to emission-free production of hydrogen thus promoting its use across electricity applications thereby driving growth over the forecast period.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region has a large number of hydropower resources, which are not utilized efficiently due to lack of proper infrastructure. Countries such as China and India have huge potential for hydro projects owing to their abundant water resources, which can be used for power generation.
The Asia Pacific market is characterized by growing demand from countries such as Japan, South Korea, Indonesia and Australia that heavily rely on electricity generation from renewable energy sources. In addition, economic growth in these countries has led to an increase in industrial activities that require constant power supply; hence driving up demand for hydrogenerators across the region’s major markets including China and India.
Growth Factors:
- Increasing demand for electricity due to population growth and industrialization
- Government initiatives for adoption of renewable energy sources
- Rising concerns over climate change and its impact on the environment
- Development of new technologies that improve the efficiency of hydrogenerators
- Growing popularity of microhydropower systems as a source of renewable energy
Scope Of The Report
Report Attributes
Report Details
Report Title
Hydrogenerator Market Research Report
By Type
Synchronous Hydrogenerators, Asynchronous Hydrogenerators
By Application
Oil and Gas Industry, Electricity Industry, Others
By Companies
Mitsubishi Heavy Industries, Ingeteam, Pentaflo Hydro, GE, Wärtsilä, Kohler, Cummins, ANDRITZ Group, Arizona Hydrogen Manufacturing, Kirloskar Electric, Tamar Hydro
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
240
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Hydrogenerator Market Report Segments:
The global Hydrogenerator market is segmented on the basis of:
Types
Synchronous Hydrogenerators, Asynchronous Hydrogenerators
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
Oil and Gas Industry, Electricity Industry, Others
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:
- Mitsubishi Heavy Industries
- Ingeteam
- Pentaflo Hydro
- GE
- Wärtsilä
- Kohler
- Cummins
- ANDRITZ Group
- Arizona Hydrogen Manufacturing
- Kirloskar Electric
- Tamar Hydro
Highlights of The Hydrogenerator 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:
- Synchronous Hydrogenerators
- Asynchronous Hydrogenerators
- By Application:
- Oil and Gas Industry
- Electricity Industry
- Others
- 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 Hydrogenerator 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
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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?
A hydrogenerator is a device that converts water into electricity.
Some of the key players operating in the hydrogenerator market are Mitsubishi Heavy Industries, Ingeteam, Pentaflo Hydro, GE, W¤rtsil¤, Kohler, Cummins, ANDRITZ Group, Arizona Hydrogen Manufacturing, Kirloskar Electric, Tamar Hydro.
The hydrogenerator 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 Hydrogenerator 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 Hydrogenerator Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Hydrogenerator 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 Hydrogenerator 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 Hydrogenerator Market Size & Forecast, 2020-2028
4.5.1 Hydrogenerator Market Size and Y-o-Y Growth
4.5.2 Hydrogenerator Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Synchronous Hydrogenerators
5.2.2 Asynchronous Hydrogenerators
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Oil and Gas Industry
6.2.2 Electricity Industry
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Hydrogenerator 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 Hydrogenerator 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Synchronous Hydrogenerators
9.6.2 Asynchronous Hydrogenerators
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 Market Size Forecast by Applications
9.10.1 Oil and Gas Industry
9.10.2 Electricity Industry
9.10.3 Others
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Synchronous Hydrogenerators
10.6.2 Asynchronous Hydrogenerators
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 Market Size Forecast by Applications
10.10.1 Oil and Gas Industry
10.10.2 Electricity Industry
10.10.3 Others
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Synchronous Hydrogenerators
11.6.2 Asynchronous Hydrogenerators
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 Market Size Forecast by Applications
11.10.1 Oil and Gas Industry
11.10.2 Electricity Industry
11.10.3 Others
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Synchronous Hydrogenerators
12.6.2 Asynchronous Hydrogenerators
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 Market Size Forecast by Applications
12.10.1 Oil and Gas Industry
12.10.2 Electricity Industry
12.10.3 Others
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Synchronous Hydrogenerators
13.6.2 Asynchronous Hydrogenerators
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) Market Size Forecast by Applications
13.10.1 Oil and Gas Industry
13.10.2 Electricity Industry
13.10.3 Others
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 Hydrogenerator Market: Competitive Dashboard
14.2 Global Hydrogenerator Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Mitsubishi Heavy Industries
14.3.2 Ingeteam
14.3.3 Pentaflo Hydro
14.3.4 GE
14.3.5 Wärtsilä
14.3.6 Kohler
14.3.7 Cummins
14.3.8 ANDRITZ Group
14.3.9 Arizona Hydrogen Manufacturing
14.3.10 Kirloskar Electric
14.3.11 Tamar Hydro
