- Large Hydropower (Greater Than 100 MW)
- Small Hydropower (Smaller Than 10 MW)
- Other Sizes (10-100 MW)
Hydropower Market is expected to be valued at USD 261.4 billion in 2022 and is poised to grow at a significant CAGR of 6.1% over 2022–2028. Hydropower, also known as water power, is a method to use of falling or fast-running water to produce electricity or to power machines, with the use of falling or fast-running water, and this process is based on the gravitational potential or kinetic energy of the water source to produce power. Hydropower is a method of sustainable energy production. Hydropower and demand are estimated to increase during the forecast period due to the assessment of new Hydropower plants and the increasing demand for renewable energy. Increasing demand for reliable, and cost-effective electricity and an increasing number of new hydropower projects initiated by government bodies are expected to drive the market over the forecast period. Hydropower market growth is likely to be hindered in the coming future due to the negative environmental consequences of hydropower projects. Additionally, the demand for huge investment and operational expenditures, as well as extended gestation periods, constrained the growth of the global hydropower market.  Furthermore, the market expansion is anticipated to be driven by increasing demand for greener power production technologies and tight emission laws. Also, the International Energy Agency reports said that hydropower is the greatest important source of renewable power generation, contributing to 60.7 percent of global renewable energy power generation in 2021. With, rising demand for renewable energy and a boom in hydropower installation capacity in emerging economies such as China and India are projected to contribute to new potential possibilities for the market over the forecast period. Emerging technological trends aimed at increasing hydropower generation is expected to create numerous opportunities for the hydropower market in the upcoming years. Asia-Pacific is anticipated to be the fastest-growing market in coming few years, with the majority of the demand coming from countries like China, India, Japan, etc Recent Market Developments: In January 2021, India approved a USD 724 million investment for the 850 megawatts (MW) Ratle hydropower project on the Chenab River in Jammu and Kashmir. A joint venture is expected to be formed for this project by National Hydroelectric Power Corporation (NHPC), India’s largest organization for hydropower development, and Jammu & Kashmir State Power Development Corporation (JKSPDC). The project is expected to start its commercial operation by 2026. In March 2021, Artistic Milliners invested around USD 370 million in two runs of river hydropower projects in Pakistan. The company’s hydropower plants, Hydro I and Artistic Hydro II, will contribute a combined 521 GWh per year.
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Fastest Growing Market
The global Hydropower market is growing due to the increasing demand for renewable energy, as a result of rapid industrialization and urbanization, especially in developing countries such as China and India. To minimize the use of fossil fuels for power generation, governments take many initiatives in several countries such as the United States, Germany, India, Japan, and China to reduce their carbon footprint, there has been an enhancing the demand for renewable energy sources for power generation. Thus, many hydropower construction projects have been developed across the globe, particularly in Asia-Pacific, to meet the growing need for renewable energy.
The Asia Pacific is expected to hold the highest share in the global hydropower market.
Key players’ profiles in the hydropower market report are Voith GmbH (Germany), Alfa Laval (Sweden), ANDRITZ HYDRO GmbH (Austria), General Electric Company (U.S), ABB Ltd (Switzerland), China Three Gorges Corporation (China), Metso Corporation (Sweden), Hydro-Québec (Canada), Engie (France), and Tata Power Corporation (India).
A rise in new trade relationships amongst different countries and rapid growth in e-commerce industries worldwide.
1. Executive Summary |
2. Global Hydropower Market Introduction |
2.1. Global Hydropower Market – Taxonomy |
2.2. Global Hydropower Market –Definitions |
2.2.1. Size |
2.2.2. Region |
3. Global Hydropower Market Dynamics |
3.1. Drivers |
3.2. Restraints |
3.3. Opportunities/Unmet Needs of the Market |
3.4. Trends |
3.5. Global Hydropower Market Dynamic Factors - Impact Analysis |
3.6. Global Hydropower Market – Competition Landscape |
4. Global Hydropower Market Analysis,2017 - 2021 and Forecast, 2022 - 2028 |
4.1. Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Mn) |
4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) |
4.3. Market Opportunity Analysis |
5. Global Hydropower Market, By Size, 2017–2021 and Forecast, 2022–2028 (Revenue, USD Mn) |
5.1. Large Hydropower (Greater Than 100 MW) |
5.1.1. Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Mn) |
5.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.1.3. Market Opportunity Analysis |
5.2. Small Hydropower (Smaller Than 10 MW) |
5.2.1. Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Mn) |
5.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.2.3. Market Opportunity Analysis |
5.3. Other Sizes (10-100 MW) |
5.3.1. Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Mn) |
5.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.3.3. Market Opportunity Analysis |
6. Global Hydropower Market, By Application, 2017–2021 and Forecast, 2022–2028 (Revenue, USD Mn) |
6.1. Residential |
6.1.1. Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Mn) |
6.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.1.3. Market Opportunity Analysis |
6.2. Commercial |
6.2.1. Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Mn) |
6.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.2.3. Market Opportunity Analysis |
6.3. Industrial |
6.3.1. Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Mn) |
6.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.3.3. Market Opportunity Analysis |
7. Global Hydropower Market Forecast, By Region, 2017–2021 and Forecast, 2022–2028(Revenue, USD Mn) |
7.1. North America |
7.1.1. Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Mn) |
7.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.1.3. Market Opportunity Analysis |
7.2. Europe |
7.2.1. Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Mn) |
7.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.2.3. Market Opportunity Analysis |
7.3. Asia-Pacific |
7.3.1. Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Mn) |
7.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.3.3. Market Opportunity Analysis |
7.4. Latin America |
7.4.1. Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Mn) |
7.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.4.3. Market Opportunity Analysis |
7.5. Middle East and Africa |
7.5.1. Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Mn) |
7.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.5.3. Market Opportunity Analysis |
7.6. Global Hydropower Market - Opportunity Analysis Index, By Size, Application, and Region, 2022 - 2028 |
8. North America Hydropower market analysis,2017–2021 and Forecast, 2022–2028(Revenue, USD Mn) |
8.1. Size Analysis 2017–2021and Forecast 2022 - 2028by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
8.1.1. Large Hydropower (Greater Than 100 MW) |
8.1.2. Small Hydropower (Smaller Than 10 MW) |
8.1.3. Other Sizes (10-100 MW) |
8.2. Application Analysis 2017 - 2021 and Forecast 2022 - 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
8.2.1. Residential |
8.2.2. Commercial |
8.2.3. Industrial |
8.3. Country Analysis 2017 - 2021 and Forecast 2022 - 2028by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
8.3.1. USA |
8.3.2. Canada |
8.4. North America Hydropower Market - Opportunity Analysis Index, By Size, Application, and Country, 2022 - 2028 |
8.5. North America Hydropower Market Dynamics – Trends |
9. Europe Hydropower Market Analysis, 2017–2021 and Forecast, 2022–2028(Revenue, USD Mn) |
9.1. Size Analysis 2017–2021and Forecast 2022 - 2028by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
9.1.1. Large Hydropower (Greater Than 100 MW) |
9.1.2. Small Hydropower (Smaller Than 10 MW) |
9.1.3. Other Sizes (10-100 MW) |
9.2. Application Analysis 2017 - 2021 and Forecast 2022 - 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
9.2.1. Residential |
9.2.2. Commercial |
9.2.3. Industrial |
9.3. End User Analysis 2017 - 2021 and Forecast 2022 - 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
9.3.1. Residential |
9.3.2. Commercial |
9.4. Country Analysis 2017–2021and Forecast 2022 - 2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
9.4.1. Germany |
9.4.2. UK |
9.4.3. France |
9.4.4. Spain |
9.4.5. Italy |
9.4.6. Russia |
9.4.7. Poland |
9.4.8. Rest of Europe |
9.5. Europe Hydropower Market - Opportunity Analysis Index, By Size, Application, and Country, 2022 - 2028 |
9.6. Europe Hydropower Market Dynamics – Trends |
10. Asia-Pacific Hydropower Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Mn) |
10.1. Size Analysis 2017–2021and Forecast 2022 - 2028by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
10.1.1. Large Hydropower (Greater Than 100 MW) |
10.1.2. Small Hydropower (Smaller Than 10 MW) |
10.1.3. Other Sizes (10-100 MW) |
10.2. Application Analysis 2017 - 2021 and Forecast 2022 - 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
10.2.1. Residential |
10.2.2. Commercial |
10.2.3. Industrial |
10.3. Country Analysis2017–2021and Forecast 2022 - 2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
10.3.1. Japan |
10.3.2. China |
10.3.3. India |
10.3.4. ASEAN |
10.3.5. Australia & New Zealand |
10.3.6. Rest of Asia-Pacific |
10.4. Asia-Pacific Hydropower Market - Opportunity Analysis Index, By Size, Application, and Country,2022 - 2028 |
10.5. Asia-Pacific Hydropower Market Dynamics – Trends |
11. Latin America Hydropower Market Analysis,2017 - 2021 and Forecast, 2022–2028(Revenue, USD Mn) |
11.1. Size Analysis 2017–2021and Forecast 2022 - 2028by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
11.1.1. Large Hydropower (Greater Than 100 MW) |
11.1.2. Small Hydropower (Smaller Than 10 MW) |
11.1.3. Other Sizes (10-100 MW) |
11.2. Application Analysis 2017 - 2021 and Forecast 2022 - 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
11.2.1. Residential |
11.2.2. Commercial |
11.2.3. Industrial |
11.3. Country Analysis 2017–2021 and Forecast 2022 - 2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
11.3.1. Brazil |
11.3.2. Mexico |
11.3.3. Argentina |
11.3.4. Rest of Latin America |
11.4. Latin America Hydropower Market - Opportunity Analysis Index, By Size, Application, and Country, 2022 - 2028 |
11.5. Latin America Hydropower Market Dynamics – Trends |
12. Middle East and Africa Hydropower Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Mn) |
12.1. Size Analysis 2017–2021and Forecast 2022 - 2028by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
12.1.1. Large Hydropower (Greater Than 100 MW) |
12.1.2. Small Hydropower (Smaller Than 10 MW) |
12.1.3. Other Sizes (10-100 MW) |
12.2. Application Analysis 2017 - 2021 and Forecast 2022 - 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
12.2.1. Residential |
12.2.2. Commercial |
12.2.3. Industrial |
12.3. Country Analysis 2017 - 2021 and Forecast 2022 - 2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
12.3.1. Gulf Cooperation Council (GCC) Countries |
12.3.2. Israel |
12.3.3. South Africa |
12.3.4. Rest of MEA |
12.4. MEA Hydropower Market - Opportunity Analysis Index, By Size, Application, and Country, 2022 - 2028 |
12.5. MEA Hydropower Market Dynamics – Trends |
13. Competition Landscape |
13.1. Strategic Dashboard of Top Market Players |
13.2. Company Profiles (Introduction, Financial Analysis, Product Type& Service Testing Types, Key Developments, Strategies, and SWOT Analysis) |
13.2.1. Voith GmbH (Germany) |
13.2.2. Alfa Laval (Sweden) |
13.2.3. ANDRITZ HYDRO GmbH (Austria) |
13.2.4. General Electric Company (U.S) |
13.2.5. ABB Ltd (Switzerland) |
13.2.6. China Three Gorges Corporation (China) |
13.2.7. Metso Corporation (Sweden) |
13.2.8. Hydro-Québec (Canada) |
13.2.9. Engie (France) |
13.2.10. Tata Power Corporation (India) |
14. Research Methodology |
15. Key Assumptions and Acronyms |