Global Water Turbines market cagr 14.3%

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Water Turbines Market

Water Turbines Market Scope: Industry Analysis,

Market Size, Growth, Trends Till 2031

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Water Turbines Market Size and Growth

The global Water Turbines market is projected to grow at a CAGR of xx% during the forecast period of 2021-2026. The market size is estimated to reach $xx billion by the end of 2026, driven by the increasing demand for renewable energy sources and growing investment in hydropower projects worldwide.

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Companies Covered

(Covid 19 Impact Covered)

◍ GE Renewable Energy

◍ Hydro-Quebec

◍ Kirloskar Brothers

◍ Obermeyer Hydro

◍ MITSUBISHI HEAVY INDUSTRIES

◍ OSSBERGER

◍ Canyon Industries

◍ WWS wasserkraft

◍ Voith

◍ Nautilus

◍ Meggitt

◍ GENERAL ELECTRIC

◍ ANDRITZ

The water turbines market is highly competitive with key players such as GE Renewable Energy, Hydro-Quebec, Kirloskar Brothers, and others. These companies offer a variety of water turbine solutions for hydropower generation. They contribute to the growth of the market by constantly innovating and expanding their product offerings.

- GE Renewable Energy: Sales revenue of $9.59 billion

- MITSUBISHI HEAVY INDUSTRIES: Sales revenue of $5.95 billion

- Voith: Sales revenue of $4.35 billion

- ANDRITZ: Sales revenue of $6.75 billion

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Market Segmentation

By Application

◍ Power Generation

◍ Agriculture

◍ Marine Application

◍ Mechanical Drives

By Product

◍ Impulse Water Turbines

◍ Reactive Water Turbines

◍ Others Request Sample Report

Market Growth

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$ X Billion USD

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