Indonesia Hydraulic Turbines Market (2024-2030) | Growth, Revenue, Size, Value, Forecast, Industry, Outlook, Trends, Share, Analysis & Companies

Indonesia Hydraulic Turbines Market Synopsis

The Indonesia hydraulic turbines market is anticipated to register a CAGR of 8.6% during theperiod 2020-2026. Indonesia is one of the fast-growing economies in Asia Pacific with rapid industrialization and urbanization which has increased the demand for power across commercial residential sectors.Indonesia holds an enormous potential for hydropower development as it has around 145 GW of total exploitable hydropower capacity out of which only 14 GW are currently developed while remaining 131 GW have yet to be tapped. The government`s plans to increase theof renewable energy in its electricity generation mix further fuel this . In April 2017 Ministry of Energy and Mineral Resources launched ?35KV Program? or more popularly known as ?Program 35 Thousand Mega Watt? under which it aims at building an additional 36000 MW generating capacity between 2015 and 2019 by primarily focusing on hydropower projects.

Key Factors Driving the Market

As per IEA estimates Indonesia has a potential for developing 45GW from large hydroelectric plants alone; however only 4GW was operational till 2018. The country aims at increasing this capacity up to 31GW by 2025 and 44GW by 2030 through various initiatives like 35000MW program etc. enacted by Government of Indonesia. This will create new opportunities for constructionproviding services such as installing alternative energy sources such as hydraulic turbines over conventional thermal ones thus drivingfor Hydraulic turbine market in Indonesia .With rising population density coupled with economic resurgence witnessed after 2014 elections electricity consumption across both commercial residential sector have increased significantly creating high demand amongst consumers andparticipants alike leading towards expansion in existing grid infrastructure along with installation new grid lines thus contributing towards overallgeneration from sales pertaining hydraulic turbine market.

Challenges Facing the Market

High Investment Required For Development Of Hydro Projects ? Developing large scale hydroelectric power project require huge capital investments due to complexities involved right from planning till execution phase thus making them financially unviable option against other renewable sources including solar PV systems due their lower cost structure.

Key Market Players

Major players operating within Indonesia Hydraulic Turbines Market include GE Power ServicesAndritz Hydo Pvt LtdSiemens AGVoith GmbHHitachi Ltd. Mitsubishi Heavy Industries.

Key Highlights of the Report:

• Indonesia Hydraulic Turbines Market Outlook
• Market Size of Indonesia Hydraulic Turbines Market, 2023
• Forecast of Indonesia Hydraulic Turbines Market, 2030
• Historical Data and Forecast of Indonesia Hydraulic Turbines Revenues & Volume for the Period 2020-2030
• Indonesia Hydraulic Turbines Market Trend Evolution
• Indonesia Hydraulic Turbines Market Drivers and Challenges
• Indonesia Hydraulic Turbines Price Trends
• Indonesia Hydraulic Turbines Porter's Five Forces
• Indonesia Hydraulic Turbines Industry Life Cycle
• Historical Data and Forecast of Indonesia Hydraulic Turbines Market Revenues & Volume By Designs for the Period 2020-2030
• Historical Data and Forecast of Indonesia Hydraulic Turbines Market Revenues & Volume By Impulse Turbine for the Period 2020-2030
• Historical Data and Forecast of Indonesia Hydraulic Turbines Market Revenues & Volume By Reaction Turbine for the Period 2020-2030
• Historical Data and Forecast of Indonesia Hydraulic Turbines Market Revenues & Volume By Capacity for the Period 2020-2030
• Historical Data and Forecast of Indonesia Hydraulic Turbines Market Revenues & Volume By Less Than 1000 kW for the Period 2020-2030
• Historical Data and Forecast of Indonesia Hydraulic Turbines Market Revenues & Volume By Between 1000 - 10000 kW for the Period 2020-2030
• Historical Data and Forecast of Indonesia Hydraulic Turbines Market Revenues & Volume By More Than 10000 kW for the Period 2020-2030
• Historical Data and Forecast of Indonesia Hydraulic Turbines Market Revenues & Volume By Applications for the Period 2020-2030
• Historical Data and Forecast of Indonesia Hydraulic Turbines Market Revenues & Volume By Marine for the Period 2020-2030
• Historical Data and Forecast of Indonesia Hydraulic Turbines Market Revenues & Volume By Oil and Gas for the Period 2020-2030
• Historical Data and Forecast of Indonesia Hydraulic Turbines Market Revenues & Volume By Power Storage and Generation for the Period 2020-2030
• Historical Data and Forecast of Indonesia Hydraulic Turbines Market Revenues & Volume By Others for the Period 2020-2030
• Indonesia Hydraulic Turbines Import Export Trade Statistics
• Market Opportunity Assessment By Designs
• Market Opportunity Assessment By Capacity
• Market Opportunity Assessment By Applications
• Indonesia Hydraulic Turbines Top Companies Market Share
• Indonesia Hydraulic Turbines Competitive Benchmarking By Technical and Operational Parameters
• Indonesia Hydraulic Turbines Company Profiles
• Indonesia Hydraulic Turbines Key Strategic Recommendations