Hydraulic Turbine Market

1. Hydraulic Turbine Market to Hit $1.5 Billion by 2027: Allied Market Research Increased demand for renewable and sustainable energy sources, replacement of fossil fuel power, and robust investments have boosted the growth of the global hydraulic turbine market. The market across Asia-Pacific accounted for the highest share in 2019, holding around half of the market. The cancellation of old and new projects due to the pandemic and lockdown across several countries has negatively affected the market growth, especially in China and Brazil. Portland, OR, May 06, 2021 (GLOBE NEWSWIRE) -- As per the report published by Allied Market Research, the global hydraulic turbine market was pegged at $0.9 billion in 2019, and is projected to reach $1.5 billion by 2027, registering a CAGR of 5.7% from 2020 to 2027. Increased demand for renewable and sustainable energy sources, replacement of fossil fuel power, and robust investments have boosted the growth of the global hydraulic turbine market. On the other hand, location constraints and high initial installation costs hamper the market growth. On the contrary, government initiatives and subsidies would present new opportunities for the market players in the coming years. Download Report Sample (351 Pages PDF with Insights) @ https://www.alliedmarketresearch.com/request-sample/11465 Covid-19 scenario: •The cancellation of old and new projects due to the pandemic and lockdown across several countries has negatively affected the market growth, especially in China and Brazil. •In addition, the industry players were instructed to follow strict restrictions and social distancing norms. This severely affected the operations of hydraulic turbines. The global hydraulic turbine market is segmented on the basis of product, rating, medium, end- user, and region. On the basis of product type, the impulse segment would manifest the highest CAGR of 5.9% during the forecast period. However, the segment dominated the market in 2019, contributing to nearly two-thirds of the market.

2. Get detailed COVID-19 impact analysis on the Hydraulic Turbine Market Request Here Based on end-user, the commercial segment held the lion’s share in 2019, accounting for more than two-fifths of the market. However, the industrial segment is projected to register the highest CAGR of 6.9% from 2020 to 2027. The global hydraulic turbine market is analyzed across several regions such as North America, Europe, Asia-Pacific, and LAMEA. The market across Asia-Pacific accounted for the highest share in 2019, holding around half of the market. Moreover, the region is expected to portray the highest CAGR of 6.3% during the forecast period. Schedule a FREE Consultation Call with Our Analysts/Industry Experts to Find Solution for Your Business @ https://www.alliedmarketresearch.com/connect-to-analyst/11465 The global hydraulic turbine market includes an in-depth analysis of the prime market players such as General Electric Company, Andritz AG, Siemens AG, Kirloskar Brothers Ltd., Toshiba Hydroelectric Power, and Litostroj Power Group. Avenue Library Subscription | Request for 14 days free trial of before buying: https://www.alliedmarketresearch.com/avenue/trial/starter Get more information: https://www.alliedmarketresearch.com/library-access Similar Reports: (Pre-Book Now with 10% Discount) Marine Wind Turbine Market: Global Opportunity Analysis and Industry Forecast, 2020–2027 Hydro Turbine Market: Global Opportunity Analysis and Industry Forecast 2020–2027 Turbine Market: Global Opportunity Analysis and Industry Forecast, 2020–2027 Micro Turbine Market: Global Opportunity Analysis and Industry Forecast, 2019–2027 Gas Turbine Market: Global opportunity Analysis and Industry Forecast, 2020–2027 Biogas Market: Global Opportunity Analysis and Industry Forecast, 2020–2027 Generator Market: Global Opportunity Analysis and Industry Forecast, 2021-2028 About us: Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global

3. enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry. Contact us: David Correa 5933 NE Win Sivers Drive #205, Portland, OR 97220 United States Toll Free (USA/Canada): +1-800-792-5285, +1-503-446-1141 International: +1-503-894-6022 UK: +44-845-528-1300 Hong Kong: +852-301-84916 India (Pune): +91-20-66346060 Fax: +1-855-550-5975 help@alliedmarketresearch.com Web: https://www.alliedmarketresearch.com Follow us on | Facebook | Twitter | LinkedIn