Market Overview:
The global penstocks market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The rising spindle penstock segment is expected to dominate the market in terms of revenue share, followed by the non-rising spindle penstock segment, during the forecast period. In terms of application, power plants are expected to be the largest segment in terms of revenue share during the forecast period. Wastewater treatment plants and drainage infrastructure are also anticipated to witness significant growth during the forecast period.
Product Definition:
A penstock is a structure used to control the flow of water in a mill or other industrial facility. It is a large pipe made from metal or concrete, often with a valve at one end. The water passes through the penstock and into the turbine, which powers the machinery in the facility.
Rising Spindle Penstock:
Rising spindle penstock is a hydrophilic structure that rises vertically from the surface of the water. It’s used in penstocks for hydroelectric power plants to regulate and control the flow of water through turbines. Rising spindle penstock is manufactured using fiberglass, concrete, plastic or steel pipes and joints. The choice of material depends on factors such as strength, corrosion resistance, cost and weight among others.
Non-rising Spindle Penstock:
Non-rising spindle penstock is a type of penstock that does not rise above the surface of the water. It’s used in various applications such as hydroelectric power plants, locks and dams, irrigation canals and channels, and other civil works.
Application Insights:
The power plants application segment led the global penstocks market in 2017. The segment is projected to expand at a CAGR of XX% over the forecast period owing to an increase in coal-fired power plants across various regions, including Asia Pacific and North America. Furthermore, expansion projects of existing coal-fired powerplants are likely to drive the product demand over the next seven years.
Coal combustion waste water treatment is one of the major applications driving demand for drain cleaning equipment globally as it contains high levels of suspended particles, organic materials and other impurities that may clog up drains during wastewater treatment processes.
Regional Analysis:
Asia Pacific dominated the global penstocks market in terms of revenue with a share of over 60% in 2017. The region is expected to witness significant growth over the forecast period owing to increasing demand for electricity and industrial processes across emerging economies such as China, India, Indonesia, Vietnam and Thailand. In addition, rising investments by governments for development of drainage infrastructure are anticipated to drive product demand over the forecast period.
The growing population coupled with rapid urbanization has led to increased requirement for water supply and wastewater treatment across Asia Pacific region which is expected to propel product demand from 2018-2030 period.
Growth Factors:
- Increasing demand from water and wastewater management industries for efficient flow control solutions
- Rising concerns over water scarcity and its impact on businesses, agriculture, and municipalities
- Growing popularity of penstocks as a key component of hydro-power generation systems
- Proliferation of micro hydro power projects in developing countries
- Technological advancements that improve the efficiency and reliability of penstocks
Scope Of The Report
Report Attributes
Report Details
Report Title
Penstocks Market Research Report
By Type
Rising Spindle Penstock, Non-rising Spindle Penstock
By Application
Power Plants, Wastewater Treatment Plants, Drainage Infrastructure, Others
By Companies
Flexseal(Fernco Group), ABS Armaturen, Hindustan Water Engineering Company, Ham Baker Group, AVK Holding, Australian Penstock & Damper Valve Company, Awma Water Control Solutions, IVC, SKC Engineering, Kawasaki, Industrial Penstocks, Invicta, PVS Impex, Spectra Company, WAMGROUP, Jash Engineering, ORBINOX, FKB Valvulas, Waterfront Fluid Controls, BUSCH Technology, VAG Valves
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
233
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Penstocks Market Report Segments:
The global Penstocks market is segmented on the basis of:
Types
Rising Spindle Penstock, Non-rising Spindle Penstock
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
Power Plants, Wastewater Treatment Plants, Drainage Infrastructure, 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:
- Flexseal(Fernco Group)
- ABS Armaturen
- Hindustan Water Engineering Company
- Ham Baker Group
- AVK Holding
- Australian Penstock & Damper Valve Company
- Awma Water Control Solutions
- IVC
- SKC Engineering
- Kawasaki
- Industrial Penstocks
- Invicta
- PVS Impex
- Spectra Company
- WAMGROUP
- Jash Engineering
- ORBINOX
- FKB Valvulas
- Waterfront Fluid Controls
- BUSCH Technology
- VAG Valves
Highlights of The Penstocks 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:
- Rising Spindle Penstock
- Non-rising Spindle Penstock
- By Application:
- Power Plants
- Wastewater Treatment Plants
- Drainage Infrastructure
- 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 Penstocks 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:
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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?
Penstocks are a type of water pipe used to convey water from a higher elevation to a lower elevation.
Some of the major players in the penstocks market are Flexseal(Fernco Group), ABS Armaturen, Hindustan Water Engineering Company, Ham Baker Group, AVK Holding, Australian Penstock & Damper Valve Company, Awma Water Control Solutions, IVC, SKC Engineering, Kawasaki, Industrial Penstocks, Invicta, PVS Impex, Spectra Company, WAMGROUP, Jash Engineering, ORBINOX, FKB Valvulas, Waterfront Fluid Controls, BUSCH Technology, VAG Valves.
The penstocks market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Penstocks Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Penstocks Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Penstocks Market - Supply Chain
4.5. Global Penstocks Market Forecast
4.5.1. Penstocks Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Penstocks Market Size (000 Units) and Y-o-Y Growth
4.5.3. Penstocks Market Absolute $ Opportunity
5. Global Penstocks Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Penstocks Market Size and Volume Forecast by Type
5.3.1. Rising Spindle Penstock
5.3.2. Non-rising Spindle Penstock
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Penstocks Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Penstocks Market Size and Volume Forecast by Application
6.3.1. Power Plants
6.3.2. Wastewater Treatment Plants
6.3.3. Drainage Infrastructure
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Penstocks Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Penstocks Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Penstocks Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Penstocks Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Penstocks Demand Share Forecast, 2019-2026
9. North America Penstocks Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Penstocks Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Penstocks Market Size and Volume Forecast by Application
9.4.1. Power Plants
9.4.2. Wastewater Treatment Plants
9.4.3. Drainage Infrastructure
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Penstocks Market Size and Volume Forecast by Type
9.7.1. Rising Spindle Penstock
9.7.2. Non-rising Spindle Penstock
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Penstocks Demand Share Forecast, 2019-2026
10. Latin America Penstocks Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Penstocks Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Penstocks Market Size and Volume Forecast by Application
10.4.1. Power Plants
10.4.2. Wastewater Treatment Plants
10.4.3. Drainage Infrastructure
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Penstocks Market Size and Volume Forecast by Type
10.7.1. Rising Spindle Penstock
10.7.2. Non-rising Spindle Penstock
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Penstocks Demand Share Forecast, 2019-2026
11. Europe Penstocks Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Penstocks Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Penstocks Market Size and Volume Forecast by Application
11.4.1. Power Plants
11.4.2. Wastewater Treatment Plants
11.4.3. Drainage Infrastructure
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Penstocks Market Size and Volume Forecast by Type
11.7.1. Rising Spindle Penstock
11.7.2. Non-rising Spindle Penstock
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country 11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Penstocks Demand Share, 2019-2026
12. Asia Pacific Penstocks Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Penstocks Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Penstocks Market Size and Volume Forecast by Application
12.4.1. Power Plants
12.4.2. Wastewater Treatment Plants
12.4.3. Drainage Infrastructure
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Penstocks Market Size and Volume Forecast by Type
12.7.1. Rising Spindle Penstock
12.7.2. Non-rising Spindle Penstock
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Penstocks Demand Share, 2019-2026
13. Middle East & Africa Penstocks Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Penstocks Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Penstocks Market Size and Volume Forecast by Application
13.4.1. Power Plants
13.4.2. Wastewater Treatment Plants
13.4.3. Drainage Infrastructure
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Penstocks Market Size and Volume Forecast by Type
13.7.1. Rising Spindle Penstock
13.7.2. Non-rising Spindle Penstock
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Penstocks Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Penstocks Market: Market Share Analysis
14.2. Penstocks Distributors and Customers
14.3. Penstocks Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Flexseal(Fernco Group)
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. ABS Armaturen
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Hindustan Water Engineering Company
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Ham Baker Group
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. AVK Holding
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Australian Penstock & Damper Valve Company
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Awma Water Control Solutions
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. IVC
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. SKC Engineering
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Kawasaki
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Industrial Penstocks
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Invicta
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. PVS Impex
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Spectra Company
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. WAMGROUP
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Jash Engineering
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. ORBINOX
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. FKB Valvulas
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. Waterfront Fluid Controls
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. BUSCH Technology
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
