Hydraulic Turbine and Water Wheel Industry Forecast Report
The expansion of the global hydraulic turbine and water wheel industry is forecast to reach 5.5% p.a. in the coming years. Between 2007 and 2013 the market increased with an average annual growth of 4.2%. Currently, parts of hydraulic turbines and water wheels account for 79.6% of the global demand while the remaining market share is divided between hydraulic turbines and water wheels (power more than 10000 kW) (8.5%), hydraulic turbines and water wheels (power 1000-10000 kW) (8.0%), and hydraulic turbines and water wheels (power less than 1000 kW) (4.0%).China, India, Turkey, the United States, and Vietnam represent the largest hydraulic turbine and water wheel markets while the strongest annual growth is forecast to occur in Ireland (33.2%), Slovakia (30.3%), Hungary (27.8%), Greece (27.3%), and Macedonia (24.6%).
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