Global Hydropower Market By Type Overview
Hydropower Market size accounted for USD 209.90 Billion in 2020 and is estimated to be USD 379.68 Billion by 2030 and is anticipated to register a CAGR of 6.1%.
Hydropower is also known as hydro energy or hydroelectricity. Hydropower generate with the help of flowing water and spring runoff from mountain streams and lakes. High speed of flowing water can be used to turn turbines and generators that produces electricity. Hydropower plants have approximately 30 MW capacity to produced energy. Small hydropower plant usually has capacity to generate energy around 100 KW to 30 MW.
Global Hydropower Market By Type Drivers & Restraints
Increasing demand for electricity across the globe, owing to rapid urbanization and industrialization are major factors driving growth of the global hydropower market. In addition, increasing deployment of renewable energy sources and growing environment concerns are factors propelling growth of the global market. Furthermore, favourable government policies towards economic development and several initiatives to reduce dependency on conventional energy sources are boosting growth of the global hydropower market. Moreover, increasing technological advancements in hydropower such as increasing electricity generating capacity and efficiency of hydropower plants are factors expected to propel growth of hydropower market is an opportunity for global market in near future.
Global Hydropower Market By Type Segmentations & Regional Insights
The Hydropower Market is segmented based on type and region.
On the basis of type, the Hydropower Market is segmented into Mini, Micro and Pico-Hydro Plants, Small, and Large.
Regional Insights:
On region the Hydropower Market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. In terms of region, Europe is the hydropower generating market's largest segment, followed by the UK. is a market leader in the production of hydropower in Europe. The European Union and government have established stringent and favourable laws that are fueling the expansion of the hydropower producing industry in the area.
Attribute |
Details |
Base year for estimation |
2020 |
Forecast period |
20220– 2030 |
Market representation |
Revenue in USD Billion & CAGR from 2020 to 2030 |
Market Segmentation |
By Type - Mini, Micro and Pico-Hydro Plants, Small, and Large. |
Regional scope |
North America - U.S., Canada Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific Latin America - Brazil, Mexico, Argentina, Rest of Latin America Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa |
Report coverage |
Revenue forecast, company share, competitive landscape, growth factors, and trends |
Segments Covered in the Report:
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2020 to 2030. For the purpose of this study, has segmented the Hydropower Market report based on device, contain, deployment and region:
Hydropower Market, By Type
- Mini
- Micro and Pico-Hydro Plants
- Small
- Large.
Hydropower Market, By Region:
- North America
- Middle East & Africa
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Asia Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
- Europe
- Germany
- UK
- France
- Russia
- Italy
- Rest of Europe
- U.S.
- Canada
- Middle East & Africa
Global Hydropower Market By Type Competitive Landscape & Key Players
The key players operating the Hydropower Market includes Acciona SA, Agder Energi AS, Andritz Hydro Corp., British Columbia Hydro and Power Authority, Centrais Eletricas Brasileiras SA, China Yangtze Power Co. Ltd, Duke Energy Corp., RusHydro Company, and Voith Hydro Inc.
Prominent players operating in the target market are focusing on the strategic partnerships as well as launching of the products in order to gain competitive edge in the target market. For instance, in August2022, Telstra touts proposed restructures ‘transparency’ and ‘flexibility’, in its newly released plan brochure, Telstra said the restructuring would create better transparency of its assets across its customer and infrastructure businesses, which would "allow management to increase efficiency and effectiveness".
Global Hydropower Market By Type Company Profile
- Acciona SA
- Agder Energi AS
- Andritz Hydro Corp.
- British Columbia Hydro and Power Authority
- Centrais Eletricas Brasileiras SA
- China Yangtze Power Co. Ltd
- Duke Energy Corp.
- RusHydro Company
- Voith Hydro Inc.
Global Hydropower Market By Type Highlights
FAQs
The Global Hydropower Market report segments the market on the based is segmented into type and region.
The worldwide hydropower market is being driven by rising demand for electricity as a result of increased urbanization and industrialization around the world.
The Asia Pacific hydropower market accounts for highest market share in terms of revenue to the global market.
The leading players operating in the Global Hydropower Market includes Acciona SA, Agder Energi AS, Andritz Hydro Corp., British Columbia Hydro and Power Authority, Centrais Eletricas Brasileiras SA, China Yangtze Power Co. Ltd, Duke Energy Corp., RusHydro Company, and Voith Hydro Inc.