| Product Code: ETC9973096 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The United States continues to see significant import shipments of penstocks, with top exporting countries including Italy, India, China, Mexico, and South Korea in 2024. The market shows high concentration with a high Herfindahl-Hirschman Index (HHI) in 2024, indicating a competitive landscape. The compound annual growth rate (CAGR) from 2020 to 2024 is strong at 11.66%, reflecting sustained market expansion. Importantly, the growth rate in 2024 is notable at 9.73%, suggesting continued momentum in the penstock import market for the United States.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 United States (US) Penstock Market Overview |
3.1 United States (US) Country Macro Economic Indicators |
3.2 United States (US) Penstock Market Revenues & Volume, 2021 & 2031F |
3.3 United States (US) Penstock Market - Industry Life Cycle |
3.4 United States (US) Penstock Market - Porter's Five Forces |
3.5 United States (US) Penstock Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 United States (US) Penstock Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 United States (US) Penstock Market Revenues & Volume Share, By Casting Material, 2021 & 2031F |
4 United States (US) Penstock Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing investments in renewable energy projects requiring penstocks |
4.2.2 Growing demand for hydropower generation in the US |
4.2.3 Technological advancements in penstock materials and designs |
4.3 Market Restraints |
4.3.1 High initial investment costs for penstock installation |
4.3.2 Environmental concerns and regulations impacting hydropower projects |
4.3.3 Competition from alternative energy sources such as solar and wind power |
5 United States (US) Penstock Market Trends |
6 United States (US) Penstock Market, By Types |
6.1 United States (US) Penstock Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 United States (US) Penstock Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 United States (US) Penstock Market Revenues & Volume, By Non-rising Spindle, 2021- 2031F |
6.1.4 United States (US) Penstock Market Revenues & Volume, By Rising Spindle, 2021- 2031F |
6.1.5 United States (US) Penstock Market Revenues & Volume, By Others, 2021- 2031F |
6.2 United States (US) Penstock Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 United States (US) Penstock Market Revenues & Volume, By Wastewater Plant, 2021- 2031F |
6.2.3 United States (US) Penstock Market Revenues & Volume, By Sewage Treatment Plants, 2021- 2031F |
6.2.4 United States (US) Penstock Market Revenues & Volume, By Drainage Infrastructure, 2021- 2031F |
6.2.5 United States (US) Penstock Market Revenues & Volume, By Waterways, 2021- 2031F |
6.2.6 United States (US) Penstock Market Revenues & Volume, By Power Plants, 2021- 2031F |
6.2.7 United States (US) Penstock Market Revenues & Volume, By Others, 2021- 2031F |
6.3 United States (US) Penstock Market, By Casting Material |
6.3.1 Overview and Analysis |
6.3.2 United States (US) Penstock Market Revenues & Volume, By Light duty cast iron., 2021- 2031F |
6.3.3 United States (US) Penstock Market Revenues & Volume, By Light duty fabricated., 2021- 2031F |
6.3.4 United States (US) Penstock Market Revenues & Volume, By Medium duty, 2021- 2031F |
6.3.5 United States (US) Penstock Market Revenues & Volume, By Heavy duty cast iron., 2021- 2031F |
6.3.6 United States (US) Penstock Market Revenues & Volume, By Others, 2021- 2031F |
7 United States (US) Penstock Market Import-Export Trade Statistics |
7.1 United States (US) Penstock Market Export to Major Countries |
7.2 United States (US) Penstock Market Imports from Major Countries |
8 United States (US) Penstock Market Key Performance Indicators |
8.1 Average project size of hydropower installations using penstocks |
8.2 Percentage of renewable energy targets met through hydropower in the US |
8.3 Adoption rate of innovative penstock technologies in new projects |
9 United States (US) Penstock Market - Opportunity Assessment |
9.1 United States (US) Penstock Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 United States (US) Penstock Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 United States (US) Penstock Market Opportunity Assessment, By Casting Material, 2021 & 2031F |
10 United States (US) Penstock Market - Competitive Landscape |
10.1 United States (US) Penstock Market Revenue Share, By Companies, 2024 |
10.2 United States (US) Penstock Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |