Global Pumped Hydroelectric Storage Turbines Market 2018-2022
Published: Jun 2018 | Pages: 105 | SKU: IRTNTR21860 |
Below are some of the key findings from the pumped hydroelectric storage turbines market research report
See the complete table of contents and list of exhibits, as well as selected illustrations and example pages from this report.
Get a FREE sample now!
Global pumped hydroelectric storage turbines industry overview
The growing need for bulk energy storage will be one of the crucial factors triggering the pumped hydroelectric storage turbines market growth. Renewable energy resources have increased the demand for firming resources or energy storage for managing grid requirements and the intermittent nature of renewable resources. Bulk storage units like pumped hydropower storage significantly reduce the need for conventional reserve generation capacity and support the development and optimal integration of renewable energy resource. Consequently, the need for bulk energy storage is directly driving the pumped hydroelectric storage turbines market growth.
One of the critical trends in hydroelectric storage turbines market is large scale deployment of ESS in power grids. Renewable energy generation spurs the need for energy demand management, to maintain an active time gap between power generation and power maintenance. This issue is solved by the use of ESS, which can keep the generated power and supply consistent during peak demand. The pumped hydroelectric storage turbines market forecast predicts that fueled by these factors, the market will grow at a CAGR of over 5% during the forecast period.
Top pumped hydroelectric storage turbines companies covered in this market research report
The pumped hydroelectric storage turbines market is highly fragmented where competitors offer several products such as small pump turbines, pump hydro turbine, turbines and pump-turbines, hydro-turbine, small hydro turbine. The market is in the growth phase and exposed to opportunities. By offering a complete analysis of the market’s competitive landscape and with information on the products offered by the companies, this pumped hydroelectric storage turbines industry analysis report will aid clients to identify new growth opportunities and design new growth strategies.
The report offers a complete analysis of various companies including:
- ANDRITZ
- GENERAL ELECTRIC
- Hitachi Mitsubishi Hydro
- TOSHIBA
- Voith
Pumped hydroelectric storage turbines market segmentation based on geographic regions
- Americas
- APAC
- EMEA
Global pumped hydro storage turbines market analysis reveals that the EMEA and Americas regions will both account for the highest pumped hydroelectric storage turbines market growth throughout the forecast period.
Pumped hydroelectric storage turbines market segmentation based on application
- Open loop
- Closed loop
The open loop segment will continue to dominate the pumped hydroelectric storage turbines market share, while closed-loop applications will account for the highest growth in the market. Additionally, the report also provides an accurate prediction of the contribution of the various application segments to the growth of the pumped hydroelectric storage turbines market size.
Key highlights of the global pumped hydroelectric storage turbines market for the forecast years 2018-2022:
- CAGR of the market during the forecast period 2018-2022
- Detailed information on factors that will accelerate the growth of the pumped hydroelectric storage turbines market during the next five years
- Precise estimation of the global pumped hydroelectric storage turbines market size and its contribution to the parent market
- Accurate predictions on upcoming trends and changes in consumer behavior
- Growth of the pumped hydroelectric storage turbines industry across the Americas, APAC, and EMEA
- A thorough analysis of the market’s competitive landscape and detailed information on several vendors
- Comprehensive details on the factors that will challenge the growth of pumped hydroelectric storage turbines companies
We can help! Our analysts can customize this market research report to meet your requirements. Get in touch
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: RESEARCH METHODOLOGY
PART 04: MARKET LANDSCAPE
- Market ecosystem
- Market characteristics
- Market segmentation analysis
PART 05: MARKET SIZING
- Market definition
- Market sizing 2017
- Market size and forecast 2017-2022
PART 06: FIVE FORCES ANALYSIS
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
PART 07: MARKET SEGMENTATION BY APPLICATION
- Segmentation by Application
- Comparison by application
- Open loop – Market size and forecast 2017-2022
- Closed loop – Market size and forecast 2017-2022
- Market opportunity by application
PART 08: CUSTOMER LANDSCAPE
PART 09: REGIONAL LANDSCAPE
- Geographical segmentation
- Regional comparison
- APAC – Market size and forecast 2017-2022
- EMEA – Market size and forecast 2017-2022
- Americas – Market size and forecast 2017-2022
- Key leading countries
- Market opportunity
PART 10: DECISION FRAMEWORK
PART 11: DRIVERS AND CHALLENGES
- Market drivers
- Market challenges
PART 12: MARKET TRENDS
- Large-scale deployment of ESS in power grids
- Change in energy mix
- Stringent government regulations
PART 13: VENDOR LANDSCAPE
- Overview
- Landscape disruption
- Competitive scenario
PART 14: VENDOR ANALYSIS
- Vendors covered
- Vendor classification
- Market positioning of vendors
- ANDRITZ
- GENERAL ELECTRIC
- Hitachi Mitsubishi Hydro
- TOSHIBA
- Voith
PART 15: APPENDIX
- List of abbreviations
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
- Manufacturers and suppliers
- Channel partners
- Industry experts
- Strategic decision makers
Secondary sources
- Industry journals and periodicals
- Government data
- Financial reports of key industry players
- Historical data
- Press releases
DATA ANALYSIS
Data Synthesis
- Collation of data
- Estimation of key figures
- Analysis of derived insights
Data Validation
- Triangulation with data models
- Reference against proprietary databases
- Corroboration with industry experts
REPORT WRITING
Qualitative
- Market drivers
- Market challenges
- Market trends
- Five forces analysis
Quantitative
- Market size and forecast
- Market segmentation
- Geographical insights
- Competitive landscape
PURCHASE FULL REPORT OF
market
Key Questions Answered
- What are the key global market and the regional market share?
- What are the revenue-generating key market segments?
- What are the key factors driving and challenging this market’s growth?
- Who are the key market vendors and their growth strategies?
- What are the latest trends influencing the growth of this market?
- What are the variables influencing the market growth in the primary regions?
- What are the factors influencing the growth of the parent market?
Why should you prefer Technavio's market insights report?
- Off-the-shelf research reports
- Reports can be tailored to meet the customer's needs
- Trusted by more than 100 fortune 500 organizations
- Information about the market's key drivers, trends, and challenges
- Parent market analysis
- Every week, 50,000 people visit our subscription platform
- Detailed vendors report with competitive landscape
- Covid-19 impact and recovery analysis
- Data on revenue-generating market segments
- Details on the market shares of various regions
- Five-force market analysis