Home > Energy & Power > Electrical Equipment > Turbines > Hydro Turbine Control System Market

Hydro Turbine Control System Market Trends

Report ID: GMI12793
Published Date: Dec 2024
Report Format: PDF

Download Free Sample

Hydro Turbine Control System Market Trends

The growing demand for retrofit solutions along with the strong emphasis on enhancement in efficiency and optimizing energy output will fuel the adoption of these systems. The ongoing modernization of aging hydropower infrastructure combined with the heightened focus on energy conservation and environmental sustainability will propel the industry expansion. The transition toward smart, efficient solutions offering superior performance, extended operational lifespans, and reduced maintenance requirements will further escalate the industry growth.

Authors: Ankit Gupta, Saurabh Singh

Frequently Asked Questions (FAQ) :

The global market for hydro turbine control system was reached USD 5.4 billion in 2024 and is projected to grow at a 5.2% CAGR from 2025 to 2034, driven by the increasing adoption of renewable energy sources and sustainable power generation initiatives.

The software segment is expected to exceed USD 2.5 billion by 2034, fueled by investments in modernizing aging hydro infrastructure and the growing demand for data-driven insights to enhance energy efficiency.

The temperature control segment is anticipated to grow at a rate of over 4.5% through 2034, supported by the rising demand for reliable power generation and the shift towards smart grids and renewable energy sources.

The U.S. hydro turbine control system market is projected to surpass USD 1.5 billion by 2034, led by investments in renewable energy infrastructure, federal and state incentives for decarbonization, and advancements in control technologies for turbine efficiency.

Key players in the market include ABB, ANDRITZ, Emerson Electric, General Electric, Honeywell International, Ingeteam, MSHS, Rockwell Automation, Schneider Electric, Siemens Energy, Sulzer, Valmet, Voith, WWS Wasserkraft, Yokogawa Electric, and York Precision Machining & Hydraulics.