Press release
Global Pumped Hydroelectric Storage Turbines Market Growth,Trends,Size,Status and Forecast 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.global pumped hydroelectric storage turbines market to grow at a CAGR of 5.2% during the period 2018-2022.
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Covered in this report
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.
The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA
Global Pumped Hydroelectric Storage Turbines Market 2018–2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
• ANDRITZ
• GENERAL ELECTRIC
• Hitachi Mitsubishi Hydro
• TOSHIBA
• Voith
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Market driver
• Need for bulk energy storage
• For a full, detailed list, view our report
Market challenge
• Environmental issues associated with open-loop systems
• For a full, detailed list, view our report
Market trend
• Large scale deployment of ESS in power grids
• For a full, detailed list, view our report
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