Pumped Hydroelectric Storage Turbines Market Research Report: Information by Type (Pelton and Francis) and Region (North America, Europe, Asia-Pacific, Middle East & Africa, and South America) - Forecast till 2026
出 版 商：Market Research Future
出版日期：2021/06/01
頁 數：155頁
文件格式：PDF
價 格：
USD 4,450 (Single-User License)
USD 6,250 (Global-User License)
USD 6,250 (Global-User License)
Pumped Hydroelectric Storage Turbines Market Research Report Forecast till 2026
Market Synopsis
The Global Pumped hydroelectric storage turbines market is expected to register a healthy CAGR of 5.01% during the review period of 2020 and 2027. In this setup, two water reservoirs at various heights are utilized to produce power as release water drops down through a turbine to create power. Furthermore, it attracts power to siphon re-energize water to the upper supply. The fundamental guideline behind the activity of pumped storage power plants is both basic and shrewd. They are utilized to store energy and produce hydroelectric power through turbines. Besides, in case there is an overflow of power in the framework, the pumped storage power station changes to siphoning mode, where an electric engine drives the siphon turbines and siphons re-energize water from a lower repository to a higher storage bowl. On the off chance that the interest in power in the lattice rises, water is delivered from the upper bowl, viz pressure pipeline to the base. The water makes the siphon turbines turn, which works in turbine mode, and the water is utilized to drive the generators. Therefore, power is created like a flash, and power is then taken care of into the framework.
The pumped hydroelectric storage turbines market is evaluated to expand significantly during the forecast period due to the rising demand for sustainable energy in the power generation mix. Additionally, the growing demand for electricity around the world is also expected to drive the growth of the global market during the review period. Besides, high capital requirements and operating costs associated with turbine installation and hydropower generation are anticipated to hinder the growth of the market during the review period. However, the growing hybrid and symbiotic concepts are set to create lucrative opportunities for vendors operating in the market.
Market Segmentation
The pumped hydroelectric storage turbines market has been bifurcated into type and region. Based on the type segment, the global market has been divided into Pelton and Francis turbines.
The Pelton turbine segment is anticipated to lead the market during the forecast period as it is used expected to hold a larger share in the global market during the forecast period. A Pelton wheel turbine is a hydraulic turbine, and its primary application is in the hydropower plant for producing electricity.
Regional Analysis
The global pumped hydroelectric storage turbines market has been classified into five major regions, namely, North America, Europe, Asia-Pacific, the Middle East & Africa, and South America.
The pumped hydroelectric storage turbines market in Asia-Pacific is likely to lead the pumped hydroelectric storage turbines market. The regional growth is driven by the growing population, per capita disposal income, and rapidly growing economies in Asia-Pacific. Additionally, the availability of natural resources and abundant seashores in the region is fuelling the market growth during the review period.
Major Players
The key players operating in the global pumped hydroelectric storage turbines market are Voith GmbH & Co. KGaA (Germany), General Electric (US), Toshiba Corporation (Japan), Mitsubishi Heavy Industries, Ltd. (Japan), NuStreem LLC (US), GUGLER Water Turbines GmbH (Germany), and Natel Energy (US).
COVID 19 Impacts
We are continuously tracking the impact of the COVID-19 pandemic on various industries and verticals within all domains. Our research reports include the same and help you understand the drop and rise, owing to the impact of COVID-19 on the industries. Also, we help you to identify the gap between the demand and supply of your interested market. Moreover, the report helps you with the analysis, amended government regulations, and many other useful insights.
Market Synopsis
The Global Pumped hydroelectric storage turbines market is expected to register a healthy CAGR of 5.01% during the review period of 2020 and 2027. In this setup, two water reservoirs at various heights are utilized to produce power as release water drops down through a turbine to create power. Furthermore, it attracts power to siphon re-energize water to the upper supply. The fundamental guideline behind the activity of pumped storage power plants is both basic and shrewd. They are utilized to store energy and produce hydroelectric power through turbines. Besides, in case there is an overflow of power in the framework, the pumped storage power station changes to siphoning mode, where an electric engine drives the siphon turbines and siphons re-energize water from a lower repository to a higher storage bowl. On the off chance that the interest in power in the lattice rises, water is delivered from the upper bowl, viz pressure pipeline to the base. The water makes the siphon turbines turn, which works in turbine mode, and the water is utilized to drive the generators. Therefore, power is created like a flash, and power is then taken care of into the framework.
The pumped hydroelectric storage turbines market is evaluated to expand significantly during the forecast period due to the rising demand for sustainable energy in the power generation mix. Additionally, the growing demand for electricity around the world is also expected to drive the growth of the global market during the review period. Besides, high capital requirements and operating costs associated with turbine installation and hydropower generation are anticipated to hinder the growth of the market during the review period. However, the growing hybrid and symbiotic concepts are set to create lucrative opportunities for vendors operating in the market.
Market Segmentation
The pumped hydroelectric storage turbines market has been bifurcated into type and region. Based on the type segment, the global market has been divided into Pelton and Francis turbines.
The Pelton turbine segment is anticipated to lead the market during the forecast period as it is used expected to hold a larger share in the global market during the forecast period. A Pelton wheel turbine is a hydraulic turbine, and its primary application is in the hydropower plant for producing electricity.
Regional Analysis
The global pumped hydroelectric storage turbines market has been classified into five major regions, namely, North America, Europe, Asia-Pacific, the Middle East & Africa, and South America.
The pumped hydroelectric storage turbines market in Asia-Pacific is likely to lead the pumped hydroelectric storage turbines market. The regional growth is driven by the growing population, per capita disposal income, and rapidly growing economies in Asia-Pacific. Additionally, the availability of natural resources and abundant seashores in the region is fuelling the market growth during the review period.
Major Players
The key players operating in the global pumped hydroelectric storage turbines market are Voith GmbH & Co. KGaA (Germany), General Electric (US), Toshiba Corporation (Japan), Mitsubishi Heavy Industries, Ltd. (Japan), NuStreem LLC (US), GUGLER Water Turbines GmbH (Germany), and Natel Energy (US).
COVID 19 Impacts
We are continuously tracking the impact of the COVID-19 pandemic on various industries and verticals within all domains. Our research reports include the same and help you understand the drop and rise, owing to the impact of COVID-19 on the industries. Also, we help you to identify the gap between the demand and supply of your interested market. Moreover, the report helps you with the analysis, amended government regulations, and many other useful insights.
TABLE OF CONTENTS
1 EXECUTIVE SUMMARY 13
1.1 MARKET ATTRACTIVENESS ANALYSIS 15
1.1.1 GLOBAL PUMPED HYDROELECTRIC STORAGE TURBINES MARKET, BY TYPE 16
1.1.2 GLOBAL PUMPED HYDROELECTRIC STORAGE TURBINES MARKET, BY REGION 17
2 MARKET INTRODUCTION 20
2.1 DEFINITION 20
2.2 SCOPE OF THE STUDY 20
2.3 RESEARCH OBJECTIVE 20
2.4 MARKET STRUCTURE 21
2.5 KEY BUYING CRITERIA 21
3 RESEARCH METHODOLOGY 22
3.1 RESEARCH PROCESS 22
3.2 PRIMARY RESEARCH 23
3.3 SECONDARY RESEARCH 24
3.4 MARKET SIZE ESTIMATION 25
3.5 FORECAST MODEL 26
3.6 LIST OF ASSUMPTIONS 27
4 MARKET INSIGHTS 28
5 MARKET DYNAMICS 32
5.1 INTRODUCTION 32
5.2 DRIVERS 34
5.2.1 INCREASED DEMAND FOR SUSTAINAIBLE ENERGY IN POWER GENERATION MIX………………………………………………………………………………………………………………34
5.2.2 RISING ELECTRICITY DEMAND 35
5.3 RESTRAINT 35
5.3.1 HIGH CAPITAL COST& OPERATIONAL REQUIREMENTS 35
5.4 OPPORTUNITIES 36
5.4.1 HYBRID AND SYMBIOTIC CONCEPTS 36
5.5 IMPACT ANALYSIS OF COVID-19 36
5.5.1 IMPACT ON ENERGY & POWER INDUSTRY 36
5.5.2 ECONOMIC IMPACT 36
5.5.3 IMPACT ON VALUE CHAIN OF THE GLOBAL PUMPED HYDROELECTRICTY STORAGE TURBINES MARKET 37
5.5.3.1 PRICE VARIATION OF KEY RAW MATERIALS 37
5.5.3.2 AVAILABILITY OF LABOR 37
5.5.3.3 IMPACT ON PRICING OF PUMPED HYDROELECTRICTY STORAGE TURBINES PRODUCT AND TYPES 38
6 MARKET FACTOR ANALYSIS 39
6.1 SUPPLY CHAIN ANALYSIS 39
6.1.2 RAW MATERIAL SUPPLY 40
6.1.3 MANUFACTURING 40
6.1.4 DISTRIBUTION & INSTALLATION 40
6.1.5 TESTING, INSPECTION, & MONITORING 40
6.2 PORTER’S FIVE FORCES MODEL 41
6.2.1 THREAT OF NEW ENTRANTS 42
6.2.2 BARGAINING POWER OF SUPPLIERS 42
6.2.3 THREAT OF SUBSTITUTES 42
6.2.4 BARGAINING POWER OF BUYERS 42
6.2.5 INTENSITY OF RIVALRY 42
7 GLOBAL PUMPED HYDROELECTRIC STORAGE TURBINES MARKET, BY TYPE 43
7.1 OVERVIEW 43
7.2 PELTON 44
7.3 FRANCIS 44
10 GLOBAL PUMPED HYDROELECTRIC STORAGE TURBINES MARKET, BY REGION 45
10.1 OVERVIEW 45
10.2 NORTH AMERICA 45
10.2.1 US 46
10.2.2 CANADA 48
10.2.3 MEXICO 49
10.3 EUROPE 51
10.3.1 GERMANY 52
10.3.2 UK 54
10.3.3 RUSSIA 55
10.3.4 REST OF EUROPE 56
10.4 ASIA-PACIFIC 58
10.4.1 CHINA 60
10.4.2 INDIA 61
10.4.3 AUSTRALIA 63
10.4.4 REST OF ASIA-PACIFIC 64
10.5 MIDDLE EAST & AFRICA 65
10.5.1 UAE 68
10.5.2 SAUDI ARABIA 69
10.5.3 IRAN 70
10.5.4 NIGERIA 72
10.5.5 REST OF MIDDLE EAST & AFRICA 73
10.6 SOUTH AMERICA 74
10.6.1 BRAZIL 76
10.6.2 ARGENTINA 77
10.6.3 REST OF SOUTH AMERICA 78
11 COMPETITIVE LANDSCAPE 81
11.1 COMPETITIVE OVERVIEW 81
11.2 COMPETITIVE BENCHMARKING 82
11.3 MARKET SHARE ANALYSIS 84
11.4 KEY DEVELOPMENTS AND GROWTH STRATEGIES 84
11.4.1 PRODUCT DEVELOPMENTS 84
11.4.2 MERGERS & ACQUISITIONS AND EXPANSIONS 85
11.4.3 EXPANSIONS 85
11.4.4 CONTRACTS & AGREEMENTS AND PARTNERSHIPS 86
1 EXECUTIVE SUMMARY 13
1.1 MARKET ATTRACTIVENESS ANALYSIS 15
1.1.1 GLOBAL PUMPED HYDROELECTRIC STORAGE TURBINES MARKET, BY TYPE 16
1.1.2 GLOBAL PUMPED HYDROELECTRIC STORAGE TURBINES MARKET, BY REGION 17
2 MARKET INTRODUCTION 20
2.1 DEFINITION 20
2.2 SCOPE OF THE STUDY 20
2.3 RESEARCH OBJECTIVE 20
2.4 MARKET STRUCTURE 21
2.5 KEY BUYING CRITERIA 21
3 RESEARCH METHODOLOGY 22
3.1 RESEARCH PROCESS 22
3.2 PRIMARY RESEARCH 23
3.3 SECONDARY RESEARCH 24
3.4 MARKET SIZE ESTIMATION 25
3.5 FORECAST MODEL 26
3.6 LIST OF ASSUMPTIONS 27
4 MARKET INSIGHTS 28
5 MARKET DYNAMICS 32
5.1 INTRODUCTION 32
5.2 DRIVERS 34
5.2.1 INCREASED DEMAND FOR SUSTAINAIBLE ENERGY IN POWER GENERATION MIX………………………………………………………………………………………………………………34
5.2.2 RISING ELECTRICITY DEMAND 35
5.3 RESTRAINT 35
5.3.1 HIGH CAPITAL COST& OPERATIONAL REQUIREMENTS 35
5.4 OPPORTUNITIES 36
5.4.1 HYBRID AND SYMBIOTIC CONCEPTS 36
5.5 IMPACT ANALYSIS OF COVID-19 36
5.5.1 IMPACT ON ENERGY & POWER INDUSTRY 36
5.5.2 ECONOMIC IMPACT 36
5.5.3 IMPACT ON VALUE CHAIN OF THE GLOBAL PUMPED HYDROELECTRICTY STORAGE TURBINES MARKET 37
5.5.3.1 PRICE VARIATION OF KEY RAW MATERIALS 37
5.5.3.2 AVAILABILITY OF LABOR 37
5.5.3.3 IMPACT ON PRICING OF PUMPED HYDROELECTRICTY STORAGE TURBINES PRODUCT AND TYPES 38
6 MARKET FACTOR ANALYSIS 39
6.1 SUPPLY CHAIN ANALYSIS 39
6.1.2 RAW MATERIAL SUPPLY 40
6.1.3 MANUFACTURING 40
6.1.4 DISTRIBUTION & INSTALLATION 40
6.1.5 TESTING, INSPECTION, & MONITORING 40
6.2 PORTER’S FIVE FORCES MODEL 41
6.2.1 THREAT OF NEW ENTRANTS 42
6.2.2 BARGAINING POWER OF SUPPLIERS 42
6.2.3 THREAT OF SUBSTITUTES 42
6.2.4 BARGAINING POWER OF BUYERS 42
6.2.5 INTENSITY OF RIVALRY 42
7 GLOBAL PUMPED HYDROELECTRIC STORAGE TURBINES MARKET, BY TYPE 43
7.1 OVERVIEW 43
7.2 PELTON 44
7.3 FRANCIS 44
10 GLOBAL PUMPED HYDROELECTRIC STORAGE TURBINES MARKET, BY REGION 45
10.1 OVERVIEW 45
10.2 NORTH AMERICA 45
10.2.1 US 46
10.2.2 CANADA 48
10.2.3 MEXICO 49
10.3 EUROPE 51
10.3.1 GERMANY 52
10.3.2 UK 54
10.3.3 RUSSIA 55
10.3.4 REST OF EUROPE 56
10.4 ASIA-PACIFIC 58
10.4.1 CHINA 60
10.4.2 INDIA 61
10.4.3 AUSTRALIA 63
10.4.4 REST OF ASIA-PACIFIC 64
10.5 MIDDLE EAST & AFRICA 65
10.5.1 UAE 68
10.5.2 SAUDI ARABIA 69
10.5.3 IRAN 70
10.5.4 NIGERIA 72
10.5.5 REST OF MIDDLE EAST & AFRICA 73
10.6 SOUTH AMERICA 74
10.6.1 BRAZIL 76
10.6.2 ARGENTINA 77
10.6.3 REST OF SOUTH AMERICA 78
11 COMPETITIVE LANDSCAPE 81
11.1 COMPETITIVE OVERVIEW 81
11.2 COMPETITIVE BENCHMARKING 82
11.3 MARKET SHARE ANALYSIS 84
11.4 KEY DEVELOPMENTS AND GROWTH STRATEGIES 84
11.4.1 PRODUCT DEVELOPMENTS 84
11.4.2 MERGERS & ACQUISITIONS AND EXPANSIONS 85
11.4.3 EXPANSIONS 85
11.4.4 CONTRACTS & AGREEMENTS AND PARTNERSHIPS 86
