Los Angeles, CA -- (SBWire) -- 04/10/2019 --The Turbine Governor is one of the very important auxiliary control devices for hydro-generators. The quality of its operation directly determines the safe and stable operation of the unit. Reducing the failure rate of the Turbine Governor is the most effective means of improving the operational reliability of the unit.
China has the largest global export quantity and manufacturers in Turbine Governor market, while the North America is the second sales volume market for Turbine Governor in 2017.
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In the industry, GE profits most in 2016 and recent years, while Woodward and ABB ranked 2 and 3.The market share of them is 29.13%, 22.23% and 8.08% in 2017.The gap of market share is keep on enlarged due to different strategy.
Nowadays, there are two mainly types of Turbine Governor, including Turbine Hydraulic Governor and Turbine Microcomputer Governor. And Turbine Microcomputer Governor is the main type for Turbine Governor, and the Turbine Microcomputer Governor reached a sales volume of approximately 2239 Unit in 2017, with 85.30% of global sales volume.
The global Turbine Governor market was 200 million US$ in 2018 and is expected to 210 million US$ by the end of 2025, growing at a CAGR of 0.7% between 2019 and 2025.
This report studies the Turbine Governor market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include
GE
Woodward
ABB
Voith GmbH
Andritz
CCER
TRIED
Mitsubishi Electric Corporation
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Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Turbine Governor in these regions, from 2014 to 2025, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil etc.)
Middle East and Africa (Egypt and GCC Countries)
By the product type, the market is primarily split into
Turbine Hydraulic Governor
Turbine Microcomputer Governor
By the end users/application, this report covers the following segments
Small Hydropower Station
Medium-sized Hydropower Station
Large Hydropower Station
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Turbine Governor Market Is Expected to Grow with a CAGR of 0.7% from 2019 to 2025