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Report Overview

2024

Base Year

2018-2024

Historical Year

2025-2034

Forecast Year

North America Hydropower Generator Repair and Maintenance Market Outlook

The North America hydropower generator repair and maintenance market attained a value of about USD 695.76 million in 2024. The market is further expected to grow in the forecast period of 2025-2034 at a CAGR of 9.10% to reach nearly USD 1,522.63 million by 2034.

Rising Use of Hydropower to Meet Energy Requirements in North America is Stimulating the Hydropower Generator Repair and Maintenance Industry Growth

Hydropower accounts for a significant share in the overall energy requirements of the United States, accounting for 6.6% of all electricity generated and 38% of electricity produced from renewable sources in 2019. Similarly, in Canada, hydropower signifies more than 60% of total electricity generated.

North America Hydropower Generator Repair and Maintenance Market

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As a result, the need for regular maintenance and repair of hydropower generators is primarily augmenting the growth of the market. As hydropower generators are subjected to corrosive moisture, extreme temperatures, and extreme pressure frequently, it is imperative to ensure that these generators receive timely repair to keep the flow of hydropower. These factors are thus positively influencing the overall market growth of hydropower generator repair and maintenance in North America.

Hydropower Generator Repair and Maintenance: Market Segmentation

Moving water from rivers or lakes is directed through dams and hydroelectric power plants to generate hydroelectricity. Since hydropower generators are exposed to robust pressure and extreme environments, they need regular mending to ensure the continuation of hydroelectricity.

North America Hydropower Generator Repair and Maintenance Market

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On the basis of type, the market can be divided into:

  • General Repair
  • Overhaul

The market, based on service, can be segmented into:

  • On-site Service
  • Off-site Service

The EMR report looks into the regional markets of hydropower generator repair and maintenance in North America like the United States and Canada.

Advance Computing Technologies to Run Analysis to Bolster the Hydropower Generator Repair and Maintenance Industry Growth in North America

The North American market for hydropower generator repair and maintenance is anticipated to be led by the growth in the number of hydropower plants in the region. The growing focus on renewable sources of energy to reduce carbon and GHG emissions by shifting reliance on cleaner energy sources is expected to propel the market growth of repair and maintenance of hydropower generators. The market growth can further be associated with technological integrations into the maintenance and repair processes such as the use of AI to conduct spectrum and vibration analysis. Such techniques can help in detecting unwanted vibrations and extract the cause of problem, thereby promoting timely repairs. In addition to this, the market is predicted to benefit from time-to-time maintenance of hydropower generators to avoid large costs in the future.

North America Hydropower Generator Repair and Maintenance Market

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Key Industry Players in the North America Hydropower Generator Repair and Maintenance Market

The report presents a detailed analysis of the following key players in the North America hydropower generator repair and maintenance market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:

  • ABB Ltd.
  • General Electric
  • Integrated Power Services, LLC
  • Renown Electric Motors & Repair Inc.
  • Nidec Industrial Solution
  • Toshiba Energy Systems & Solutions Corporation
  • Others

The comprehensive report looks into the macro and micro aspects of the industry. The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2024
Forecast Period 2025-2034
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Type
  • Service
  • Region
Breakup by Type
  • General Repair
  • Overhaul
Breakup by Service
  • On-site Service
  • Off-site Service
Breakup by Region
  • United States 
  • Canada
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • ABB Ltd.
  • General Electric
  • Integrated Power Services, LLC 
  • Renown Electric Motors & Repair Inc.
  • Nidec Industrial Solution
  • Toshiba Energy Systems & Solutions Corporation
  • Others
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

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Key Questions Answered in the Report

In 2024, the North America hydropower generator repair and maintenance market attained a value of USD 695.76 million.

The market is projected to grow at a CAGR of 9.10% between 2025 and 2034.

The market is estimated to witness a healthy growth in the forecast period of 2025-2034 to reach about USD 1,522.63 million by 2034.

The market is being driven by the rising installation of hydropower plants in Canada and the United States to augment the usage of clean and renewable sources of energy and the corresponding need to check for regular repairs and maintenance to ensure a free flow.

The market growth is anticipated to be determined by the deployment of advanced computing technologies to run analysis to promote timely repairs.

The major regions in the industry are the United States and Canada.

The major types of hydropower generator repair and maintenance are general repair and overhaul.

The different services of hydropower generator repair and maintenance are on-site service and off-site service.

The major players in the industry are ABB Ltd., General Electric, Integrated Power Services, LLC, Renown Electric Motors & Repair Inc., Nidec Industrial Solution, and Toshiba Energy Systems & Solutions Corporation, among others.

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30 North Gould Street, Sheridan, WY 82801

+1-415-325-5166

63 Fiona Drive, Tamworth, NSW

+61-448-061-727

C130 Sector 2 Noida, Uttar Pradesh 201301

+91-858-608-1494

40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.

+63-287-899-028, +63-967-048-3306

6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London

+44-753-713-2163

193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City

+84-865-399-124