Product Code: ETC044584 | Publication Date: Jun 2023 | Updated Date: Feb 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The India Hydraulic Turbines Market size is estimated to reach USD 4.8 billion by 2031, registering a CAGR of approximately 10.3% during the forecast period 2025-2031. The market growth is mainly attributed to rising demand for renewable energy sources and growing investments in power plants across the country coupled with increasing government initiatives for improving hydroelectric power capacity. In addition, rapid industrialization and urbanization have augmented the need for electricity generation which has further propelled the demand for hydraulic turbines in India over recent years.
The key factor driving market growth is increasing investment in hydropower projects owing to its low maintenance cost as compared to other forms of energy production such as thermal or nuclear power plants. Moreover, governments in several countries are focusing on developing clean & sustainable sources of energy which has led to an upsurge in investments towards hydropower projects thereby driving the overall growth of India?s hydraulic turbines industry over past few years. Growing focus on promoting renewable sources of energy combined with supportive governmental policies related to grid integration will also drive India?s hydraulic turbines industry through 2031. Furthermore, advancements made in technology regarding turbine design along with augmentation of dam construction activities associated with water resource management systems are expected to positively influence market expansion during forecast timeframe till 2031 end . Additionally, surge in global population accompanied by growing economic activities have triggered usage rate thus contributing towards increased adoption rate resulting into accelerated revenue generation from sales within Indian Hydro Turbine Industry throughout study duration till 2031 end .
However there still exist few factors that may hamper development & restrain overall progress within Indian Hydroturbine sector including high capital expenditure associated along installation process among others . These factors might cause hindrance toward successful establishment & functioning , thus negatively impacting total revenue generated from sale within target sector until year 2031 end . Furthermore lack availability skilled manpower able perform efficient services required during entire life cycle might also adversely affect current state off affairs prevailing across nation , hence restricting potential prospects projected within subject domain throughout given timeline frame i..e2025 till year 2022 end.
Some major players operatingin this space include ABB Ltd., Bharat Heavy Electricals Limited (BHEL), Andritz AG,, Voith Group Siemens AG and General Electric Co., amongst others who collectively account share significant portion revenues being generated within segment YOY basis accordingto figures
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Hydraulic Turbines Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Hydraulic Turbines Market Revenues & Volume, 2021 & 2031F |
3.3 India Hydraulic Turbines Market - Industry Life Cycle |
3.4 India Hydraulic Turbines Market - Porter's Five Forces |
3.5 India Hydraulic Turbines Market Revenues & Volume Share, By Designs, 2021 & 2031F |
3.6 India Hydraulic Turbines Market Revenues & Volume Share, By Capacity, 2021 & 2031F |
3.7 India Hydraulic Turbines Market Revenues & Volume Share, By Applications, 2021 & 2031F |
4 India Hydraulic Turbines Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 India Hydraulic Turbines Market Trends |
6 India Hydraulic Turbines Market, By Types |
6.1 India Hydraulic Turbines Market, By Designs |
6.1.1 Overview and Analysis |
6.1.2 India Hydraulic Turbines Market Revenues & Volume, By Designs, 2021-2031F |
6.1.3 India Hydraulic Turbines Market Revenues & Volume, By Impulse Turbine, 2021-2031F |
6.1.4 India Hydraulic Turbines Market Revenues & Volume, By Reaction Turbine, 2021-2031F |
6.2 India Hydraulic Turbines Market, By Capacity |
6.2.1 Overview and Analysis |
6.2.2 India Hydraulic Turbines Market Revenues & Volume, By Less Than 1000 kW, 2021-2031F |
6.2.3 India Hydraulic Turbines Market Revenues & Volume, By Between 1000 - 10000 kW, 2021-2031F |
6.2.4 India Hydraulic Turbines Market Revenues & Volume, By More Than 10000 kW, 2021-2031F |
6.3 India Hydraulic Turbines Market, By Applications |
6.3.1 Overview and Analysis |
6.3.2 India Hydraulic Turbines Market Revenues & Volume, By Marine, 2021-2031F |
6.3.3 India Hydraulic Turbines Market Revenues & Volume, By Oil and Gas, 2021-2031F |
6.3.4 India Hydraulic Turbines Market Revenues & Volume, By Power Storage and Generation, 2021-2031F |
6.3.5 India Hydraulic Turbines Market Revenues & Volume, By Others, 2021-2031F |
7 India Hydraulic Turbines Market Import-Export Trade Statistics |
7.1 India Hydraulic Turbines Market Export to Major Countries |
7.2 India Hydraulic Turbines Market Imports from Major Countries |
8 India Hydraulic Turbines Market Key Performance Indicators |
9 India Hydraulic Turbines Market - Opportunity Assessment |
9.1 India Hydraulic Turbines Market Opportunity Assessment, By Designs, 2021 & 2031F |
9.2 India Hydraulic Turbines Market Opportunity Assessment, By Capacity, 2021 & 2031F |
9.3 India Hydraulic Turbines Market Opportunity Assessment, By Applications, 2021 & 2031F |
10 India Hydraulic Turbines Market - Competitive Landscape |
10.1 India Hydraulic Turbines Market Revenue Share, By Companies, 2024 |
10.2 India Hydraulic Turbines Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |