Global Pumped Hydroelectric Storage Turbines Market Analysis & Forecasts 2018-2022, With an Expected CAGR of 5.2% - ResearchAndMarkets.com

DUBLIN--()--The "Global Pumped Hydroelectric Storage Turbines Market 2018-2022" report has been added to ResearchAndMarkets.com's offering.

The analysts forecast the global pumped hydroelectric storage turbines market to grow at a CAGR of 5.2% during the period 2018-2022.

Pumped hydroelectric storage is used for harnessing the energy of water flow in storage plants to generate electricity for load balancing. During high power demand, water is released through a turbine for renewable electricity generation. Pumped hydroelectric storage turbines are required to run the generators and, hence, electricity is generated.

The report covers the present scenario and the growth prospects of the global pumped hydroelectric storage turbines market for 2018-2022. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

One trend in the market is large scale deployment of ESS in power grids. Voltage fluctuations, power surges and loss of power are the primary causes of damage to electronic devices. The adoption of electronic devices for personal, commercial, and industrial purposes has increased significantly..

One driver in the market is need for bulk energy storage. Over the last few years, renewable energy projects, especially wind and solar projects, have increased in number and gained momentum, owing to favorable tax incentives provided by various governments worldwide and increasing GHG emissions globally.

The report states that one challenge in the market is environmental issues associated with open-loop systems. Earlier, almost all operating pumped hydroelectric storage projects required the construction of at least one dam along the main stem rivers, which alters the ecology of the river system.

Companies Mentioned

  • ANDRITZ
  • GENERAL ELECTRIC
  • Hitachi Mitsubishi Hydro
  • TOSHIBA
  • Voith

Key Topics Covered:

1: Executive Summary

2: Scope Of The Report

3: Research Methodology

4: Market Landscape

5: Market Sizing

6: Five Forces Analysis

7: Market Segmentation By Application

8: Customer Landscape

9: Regional Landscape

10: Decision Framework

11: Drivers And Challenges

12: Market Trends

13: Vendor Landscape

14: Vendor Analysis

15: Appendix

For more information about this report visit https://www.researchandmarkets.com/research/bffd8x/global_pumped?w=4

Contacts

ResearchAndMarkets.com
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
Related Topics: Hydro Power, Turbines , Energy Storage

Contacts

ResearchAndMarkets.com
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
Related Topics: Hydro Power, Turbines , Energy Storage