Companies Dominating the Hydro Turbine Landscape
- Voith GmbH & Co. KGaA
- Company Overview
- Business Strategy
- Key Product Offerings
- Financial Performance
- Key Performance Indicators
- Risk Analysis
- Recent Development
- Regional Presence
- SWOT Analysis
- LITOSTROJ POWER d.o.o.
- Toshiba Energy Systems & Solutions Corporation
- GE Group
- Siemens AG
- ANDRITZ Hydro
- Kirloskar Brothers Limited
- Harbin Electric Machinery Company Limited
- Canyon Hydro
- Cornell Pump Company
Browse key industry insights with market data tables & charts from the report:
Frequently Asked Questions (FAQ)
In the year 2025, the industry size of hydro turbine is estimated at USD 2.4 billion.
The hydro turbine market size was valued at USD 2.21 billion in 2024 and is likely to cross USD 4.32 billion by 2037, registering more than 5.3% CAGR during the forecast period i.e., between 2025-2037. The growing number of water turbine projects in dams to generate electric power from water potential energy will boost the market growth.
Asia Pacific industry is likely to hold largest revenue share of 37% by 2037, credited to presence of a large number of hydropower stations in the region, and their high potential for generating hydroelectricity.
The major players in the market are Voith GmbH & Co. KGaA, LITOSTROJ POWER d.o.o., Toshiba Energy Systems & Solutions Corporation, GE Group, Siemens AG, ANDRITZ Hydro, Kirloskar Brothers Limited, Harbin Electric Machinery Company Limited, Canyon Hydro, Cornell Pump Company
