Energy & Environment Industry Today

Europe Hydro Turbine Market is expected to reach US$ 840.78 million by 2033 growing with a CAGR of 4.99% from 2025 to 2033

Europe Hydro Turbine Market is projected to grow from USD 542.44 million in 2024 to USD 840.78 million by 2033, registering a CAGR of 4.99% from 2025 to 2033. Growth is driven by accelerating decarbonization goals, replacement of aging hydropower infrastructure, increasing demand for flexible grid solutions, rising investments in pumped storage projects, and technological advancements enhancing turbine efficiency and environmental performance.
Published 10 November 2025

Europe Hydro Turbine Market Analysis

According to Renub Research recently released report “Europe Hydro Turbine Market Insight & Forecast 2025–2033” Europe Hydro Turbine Market is expected to reach US$ 840.78 million by 2033 from US$ 542.44 million in 2024, with a CAGR of 4.99% from 2025 to 2033. Decarbonization targets, aging hydropower fleet replacements, rising demand for flexible grid services, investment in pumped storage, and technological improvements in turbine efficiency and environmental mitigation are the primary drivers boosting Europe’s hydro turbine market.

The hydro turbine market comprises manufacturers, service providers, and utilities delivering turbines and associated equipment for converting flowing or falling water into electricity. It spans new-build projects, refurbishment of aging plants, small and large installations, and pumped-storage systems that provide bulk energy storage and grid balancing. Demand is driven by renewable energy policies, seasonal and daily flexibility needs, and the economics of long-lived assets. Key market activities include R&D for higher efficiency and fish-friendly designs, digitalization for predictive maintenance, and aftermarket services such as uprates and component replacements. Suppliers compete on reliability, lifecycle cost, environmental performance, and integration with modern grid services.

Europe’s hydro turbine market is expanding due to strong decarbonization commitments and capacity targets that prioritize dispatchable renewable generation. Many European plants are decades old, creating demand for modernization, uprates, and lifetime extension projects. Growth in intermittent renewables (solar, wind) increases the value of hydropower for grid balancing and frequency control, spurring interest in pumped-storage expansions. Technological advances—improved turbine aerodynamics/hydraulics, corrosion-resistant materials, and digital control systems—raise efficiency and lower operating costs. Additionally, regulatory incentives, cross-border interconnections, and public funding for sustainable infrastructure encourage investments across both established and emerging hydro markets.

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Recent Developments in Europe Hydro Turbine Market

·                    The first of two new hydropower turbines was constructed and put into service at Scotland's Tummel Bridge Power Station by SSE Renewables in May 2024. Under ideal conditions, the £50 million expansion will increase the station's output from 34MW to 40MW. By installing contemporary runner technology on the site's original "Camel Back" twin-runner horizontal Francis turbines, the project will increase the power plant's operating lifespan by at least 40 years.

·                    In January 2024, Swiss energy authorities announced improvements to hydropower as part of the XFLEX HYDRO project, which aims to advance the energy transition and increase grid stability. Innovations that will increase the reliability and value of Europe's power grid include variable-speed turbines, hybrid hydro turbine-battery systems, and new operating modes.

·                    In January 2024, Statkraft, the biggest supplier of renewable energy in Europe, revealed intentions to invest up to six billion euros in the construction of new onshore wind farms and the renovation of existing hydro and wind generating facilities in Norway. The investment program will include the upgrading and repair of dams, the renovation and construction of existing and new onshore wind farms, and the enhancement and conversion of hydroelectric power plants.

·                    In July 2022, Kraftwerk Ryburg-Schwörstadt AG ordered ANDRITZ, a global technology business, to repair all four of the Kaplan turbines of the Ryburg-Schwörstadt hydropower station on the Rhine in Switzerland. With a 120 megawatt installed capacity, it is the High Rhine's most potent hydroelectric facility. Upon the completion of the facility in 1930, ANDRITZ installed two units, making them one of the original suppliers.

·                    Augwind and Voith Hydro announced a strategic partnership agreement in June 2022. Voith and Augwind have agreed to create specific systems and equipment, such as turbines, water pumps, and power systems, that will be incorporated into Augwind's AirBattery energy storage system.

Growth Drivers of Europe Hydro Turbine Market

1. Modernization and Uprating of Existing Fleet

Europe hosts a large hydropower fleet installed largely in the mid-20th century. As many plants near or exceed their designed lifetimes, operators prioritize modernization to meet current safety, efficiency, and environmental standards. Uprating—replacing runners, guides, and control systems—can increase capacity and efficiency without new civil works, providing a cost-effective route to add renewable capacity. Modernization projects also integrate digital governors and turbine monitoring that enable better load following and predictive maintenance, reducing downtime and lifecycle costs. Regulatory pressure for improved environmental performance (fish passage, reduced entrainment, and flow management) means refurbishments often include ecological upgrades, making modernized turbines both greener and more efficient. The combination of aging assets, favorable cost-benefit of uprates, and regulatory drivers makes fleet modernization a central growth engine for Europe’s hydro turbine market.

2. Need for Grid Flexibility and Energy Storage (Pumped-Storage)

The rapid growth of intermittent wind and solar has heightened demand for grid flexibility. Hydropower—especially pumped-storage—provides large-scale, fast-responding storage and ancillary services (frequency regulation, spinning reserve). Governments and utilities increasingly value hydro’s capability to absorb excess renewable generation and dispatch it when needed, stabilizing grids as renewables reach high penetration. Investment programs target both new pumped-storage projects and conversions of existing reservoirs to pumped use. Advances in reversible pump-turbine technology and variable-speed machines improve round-trip efficiency and operational range, enhancing economic viability. Policy incentives, market mechanisms that remunerate flexibility, and integrated resource planning further drive pumped-storage and flexible hydropower investments, directly boosting turbine manufacturing and retrofit demand.

3. Technological Innovation and Environmental Compliance

Innovations in turbine design, materials, and digital controls are transforming the hydro market. New runner geometries, variable-speed technology, and advanced coatings increase efficiency and expand operating windows, enabling turbines to perform better under varied head and flow conditions. Digitalization—real-time condition monitoring, predictive analytics, and advanced control algorithms—optimizes performance and reduces maintenance costs. Concurrently, environmental compliance requirements push suppliers to develop fish-friendly runners, fine-bubble aeration systems, and improved intake screening. These technologies help plants meet stricter regulations while preserving ecosystem services. The twin pressures of regulatory standards and the desire for higher performance stimulate R&D and create market opportunities for equipment suppliers and engineering firms across Europe.

Europe Hydro Turbine Market Segments Analysis

Europe Reaction Hydro Turbine market

Reaction turbines (e.g., Francis, Kaplan) are widely used across Europe for medium- and low-head hydropower sites. They operate with flow fully filling the turbine runner and rely on pressure differences to generate torque, making them suitable for river and reservoir applications with variable heads. The European market centers on refurbishments, efficiency upgrades, and adaptable designs that handle seasonal flow variability. Modern reaction turbines incorporate adjustable blades and variable-speed drives to optimize performance across wide operating ranges, improving capacity factor and enabling better grid integration. Environmental retrofits—fish-friendly designs and improved intake systems—are commonly bundled with turbine upgrades. The segment benefits from ongoing investments in small-to-large hydropower modernization and multipurpose water infrastructure projects.

Europe Impulse Hydro Turbine market

Impulse turbines (mainly Pelton and Turgo) are preferred for high-head, low-flow sites typical in mountainous regions. The European impulse turbine market focuses on new installations in alpine areas and refurbishment projects that enhance efficiency and reliability. Impulse machines convert the kinetic energy of high-velocity water jets striking bucketed runners, and newer designs optimize jet shaping and bucket profiles to increase efficiency while reducing cavitation and wear. Market activity includes small hydropower projects, minihydro deployments for remote communities, and modernization of legacy plants to meet stricter performance and environmental standards. Rapid commissioning and modular designs make impulse turbines attractive for decentralized renewable projects where grid connections or civil constraints exist.

Europe Small (Less than 10 MW) Hydro Turbine market

The sub-10 MW segment—small and mini hydro—is vibrant across Europe due to its suitability for decentralized power, riverine sites, and industrial water users. Small hydro projects often benefit from simpler permitting, lower capital expenditure, and community ownership models. The market emphasizes modular turbines, compact civil works, and plug-and-play systems that minimize environmental impact. Refurbishment of legacy mills and run-of-river installations is common, with many projects integrating fish passages and flow management to meet ecological standards. Small hydro supports local renewable energy targets, provides baseload complementarity to wind and solar, and attracts public and private funding focused on rural economic development and decarbonization at distributed scale.

Europe Large (Greater than 100 MW) Hydro Turbine market

Large hydro plants (>100 MW) are cornerstones of Europe’s renewable capacity, providing bulk generation and long-duration flexibility. Market focus is on life-extension projects, uprates, and pumped-storage expansions to maximize capacity and grid services. Turbine suppliers for this segment deliver bespoke, high-efficiency units with extensive civil integration, automated controls, and robust materials for long operational lifetimes. Environmental retrofits and multi-purpose operation (flood control, irrigation) are often part of upgrades. Investment cycles are driven by national energy strategies, finance availability, and the need for large-scale storage to complement high renewable penetration.

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European Countries Hydro Turbine Market

France Hydro Turbine Market

France’s hydro turbine market is mature, with substantial installed capacity across alpine and Pyrenean regions. Recent activity focuses on modernization, uprates, and pumped-storage expansions to support the national grid and balance increasing renewables. French operators emphasize environmental compliance, fish ecology mitigation, and multipurpose reservoir management. Manufacturers and engineering firms in France and neighboring countries compete to supply high-efficiency reaction and impulse turbines, variable-speed systems, and digital control packages. Public funding and strategic energy planning drive refurbishment projects that improve output without major new civil works. Small hydro projects and repowering of older sites also contribute, aligning with France’s decarbonization and grid-flexibility objectives.

Italy Hydro Turbine market

Italy’s hydro market spans alpine high-head sites and Mediterranean basins, with demand driven by refurbishment of aging plants, small hydropower development, and pumped-storage opportunities. Italian operators focus on uprating existing turbines, deploying impulse machines in mountainous regions, and optimizing run-of-river installations for local energy resilience. Environmental constraints and landscape protection necessitate careful design and ecological mitigation measures, promoting adoption of fish-friendly runners and low-impact civil works. Incentives for distributed generation and regional renewable plans support small-scale projects, while collaborative R&D with European partners advances variable-speed and digital turbine technologies that enhance efficiency and operational flexibility.

Spain Hydro Turbine market

Spain’s hydro turbine market is characterized by fleet modernization and pumped-storage development to complement substantial solar and wind capacity. Spanish utilities pursue uprates, control system upgrades, and new pumped-storage projects to provide seasonal storage and grid balancing. The market also includes refurbishments of older plants in the Pyrenees and Iberian ranges, with a focus on environmental compliance and flow management to protect river ecosystems. Turbine suppliers provide adaptable reaction and impulse designs, reversible pump-turbines for storage, and digital monitoring systems. Public-private investment and regulatory support for flexibility markets drive activity, positioning hydropower as a strategic asset in Spain’s renewable energy mix.

United Kingdom Hydro Turbine market

The UK hydro turbine market centers on refurbishing vintage stations, small hydro projects, and pumped-storage proposals that enhance grid flexibility. While large new hydro opportunities are limited by geography and planning, the UK is active in upgrading existing plants for efficiency and ecological compliance. Interest in tidal and river-based projects intersects with traditional hydro expertise, and suppliers offer compact, low-impact turbines for constrained sites. Market drivers include balancing increasing offshore wind, participating in ancillary services markets, and meeting net-zero targets. Funding mechanisms, community ownership models, and streamlined consenting for low-impact projects support small hydro deployment and modernization efforts across the UK.

Europe Hydro Turbine Market Segmentation:

Technology

·                    Reaction

·                    Impulse

 

Capacity

·                    Small (Less than 10MW)

·                    Medium (10MW-100MW)

·                    Large (Greater than 100MW)

Countries

·                    France

·                    Germany

·                    Italy

·                    Spain

·                    United Kingdom

·                    Belgium

·                    Netherlands

·                    Russia

·                    Poland

·                    Greece

·                    Norway

·                    Romania

·                    Portugal

·                    Rest of Europe

All companies have been covered with 5 Viewpoints

·                    Overviews

·                    Key Person

·                    Recent Developments

·                    SWOT Analysis

·                    Revenue Analysis

Key Players Analysis

·                    General Electric Company

·                    Andritz AG

·                    Litostroj Power Group

·                    Siemens AG

·                    Voith GmbH & Co. KGaA

·                    Kirloskar Brothers Ltd

·                    Canadian Hydro Components Ltd.

·                    Norcan Hydraulic Turbine Inc.

·                    Toshiba Energy

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