Global Small Hydropower Market Report and Forecast 2024-2032

Global Small Hydropower Market Report and Forecast 2024-2032


Market Outlook

According to the report by Expert Market Research (EMR), the global small hydropower market reached a value of approximately USD 2.11 billion in 2023. Aided by the rising demand for renewable energy sources and the increasing applications of small hydropower systems in various regions, the market is projected to further grow at a CAGR of 2.70% between 2024 and 2032 to reach a value of USD 2.48 billion by 2032.

Small hydropower is a form of hydroelectric power that harnesses the energy of running water from rivers, streams, and even small flowing bodies of water, with an installed capacity not exceeding 10 MW. It plays an instrumental role in providing a renewable, consistent, and environmentally friendly source of electricity, aiding the small hydropower market growth. In addition to its power generation features, small hydropower also exhibits remarkable traits in community development and water resource management, establishing it as a valuable asset in a variety of regional and rural applications such as irrigation, aquaculture, and domestic use.

The burgeoning global predilection for renewable and sustainable energy sources boosts the small hydropower market demand. With the increasing cognizance of the environmental advantages linked with renewable energy generation, a noteworthy shift towards green energy sources has been observed. This shift has triggered a surge in demand for small hydropower systems. Moreover, the upswing in trends of rural electrification and decentralised energy generation has further cemented the growing popularity of small hydropower.

The diversifying applications of small hydropower in various geographies also play an integral role in accelerating the market development. In secluded and off-grid areas, small hydropower is harnessed as a dependable and sustainable power source. The agricultural sector utilises small hydropower for its irrigation and aquaculture needs, providing an efficient solution for energy and water management.

As per the small hydropower market analysis, the swelling demand for electrification in developing nations has directed a heightened focus on small hydropower as a viable solution for power generation. With the ascendancy of industrialisation and the escalating need for electricity, small hydropower has surfaced as a key player in satiating global energy demand, thereby stimulating the expansion.

The global market is on a trajectory for significant growth over the next few years, spurred by the escalating demand for renewable energy sources, the diversifying applications across various geographies, and the growing trend of rural electrification and decentralised energy generation.

Market Segmentation

The market can be divided based on capacity, type, component, and region.

Market Breakup by Capacity
  • Up to 1 MW
  • 2- 10 MW
  • Others
Market Breakup by Type
  • Micro Hydropower
  • Mini Hydropower
Market Breakup by Component
  • Electromechanical Equipment
  • Electric infrastructure
  • Civil Works
Market Breakup by Region
  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa
Competitive Landscape

The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the global small hydropower market. Some of the major players explored in the report by Expert Market Research are as follows:
  • Voith GmbH & Co. KGaA
  • ANDRITZ AG.
  • Siemens AG
  • Toshiba Energy Systems & Solutions Corporation ("ESS")
  • Canyon Hydro
  • Others
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*We at Expert Market Research always strive to provide you with the latest information. The numbers in the article are only indicative and may be different from the actual report.


1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Small Hydropower Market Analysis
8.1 Key Industry Highlights
8.2 Global Small Hydropower Historical Market (2018-2023)
8.3 Global Small Hydropower Market Forecast (2024-2032)
8.4 Global Small Hydropower Market by Capacity
8.4.1 Up to 1 MW
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2018-2023)
8.4.1.3 Forecast Trend (2024-2032)
8.4.2 2- 10 MW
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2018-2023)
8.4.2.3 Forecast Trend (2024-2032)
8.4.3 Others
8.5 Global Small Hydropower Market by Type
8.5.1 Micro Hydropower
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2018-2023)
8.5.1.3 Forecast Trend (2024-2032)
8.5.2 Mini Hydropower
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2018-2023)
8.5.2.3 Forecast Trend (2024-2032)
8.6 Global Small Hydropower Market by Component
8.6.1 Electromechanical Equipment
8.6.1.1 Market Share
8.6.1.2 Historical Trend (2018-2023)
8.6.1.3 Forecast Trend (2024-2032)
8.6.2 Electric infrastructure
8.6.2.1 Market Share
8.6.2.2 Historical Trend (2018-2023)
8.6.2.3 Forecast Trend (2024-2032)
8.6.3 Civil Works
8.6.3.1 Market Share
8.6.3.2 Historical Trend (2018-2023)
8.6.3.3 Forecast Trend (2024-2032)
8.7 Global Small Hydropower Market by Region
8.7.1 North America
8.7.1.1 Market Share
8.7.1.2 Historical Trend (2018-2023)
8.7.1.3 Forecast Trend (2024-2032)
8.7.2 Europe
8.7.2.1 Market Share
8.7.2.2 Historical Trend (2018-2023)
8.7.2.3 Forecast Trend (2024-2032)
8.7.3 Asia Pacific
8.7.3.1 Market Share
8.7.3.2 Historical Trend (2018-2023)
8.7.3.3 Forecast Trend (2024-2032)
8.7.4 Latin America
8.7.4.1 Market Share
8.7.4.2 Historical Trend (2018-2023)
8.7.4.3 Forecast Trend (2024-2032)
8.7.5 Middle East and Africa
8.7.5.1 Market Share
8.7.5.2 Historical Trend (2018-2023)
8.7.5.3 Forecast Trend (2024-2032)
9 North America Small Hydropower Market Analysis
9.1 United States of America
9.1.1 Market Share
9.1.2 Historical Trend (2018-2023)
9.1.3 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Market Share
9.2.2 Historical Trend (2018-2023)
9.2.3 Forecast Trend (2024-2032)
10 Europe Small Hydropower Market Analysis
10.1 United Kingdom
10.1.1 Market Share
10.1.2 Historical Trend (2018-2023)
10.1.3 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Market Share
10.2.2 Historical Trend (2018-2023)
10.2.3 Forecast Trend (2024-2032)
10.3 France
10.3.1 Market Share
10.3.2 Historical Trend (2018-2023)
10.3.3 Forecast Trend (2024-2032)
10.4 Italy
10.4.1 Market Share
10.4.2 Historical Trend (2018-2023)
10.4.3 Forecast Trend (2024-2032)
10.5 Others
11 Asia Pacific Small Hydropower Market Analysis
11.1 China
11.1.1 Market Share
11.1.2 Historical Trend (2018-2023)
11.1.3 Forecast Trend (2024-2032)
11.2 Japan
11.2.1 Market Share
11.2.2 Historical Trend (2018-2023)
11.2.3 Forecast Trend (2024-2032)
11.3 India
11.3.1 Market Share
11.3.2 Historical Trend (2018-2023)
11.3.3 Forecast Trend (2024-2032)
11.4 ASEAN
11.4.1 Market Share
11.4.2 Historical Trend (2018-2023)
11.4.3 Forecast Trend (2024-2032)
11.5 Australia
11.5.1 Market Share
11.5.2 Historical Trend (2018-2023)
11.5.3 Forecast Trend (2024-2032)
11.6 Others
12 Latin America Small Hydropower Market Analysis
12.1 Brazil
12.1.1 Market Share
12.1.2 Historical Trend (2018-2023)
12.1.3 Forecast Trend (2024-2032)
12.2 Argentina
12.2.1 Market Share
12.2.2 Historical Trend (2018-2023)
12.2.3 Forecast Trend (2024-2032)
12.3 Mexico
12.3.1 Market Share
12.3.2 Historical Trend (2018-2023)
12.3.3 Forecast Trend (2024-2032)
12.4 Others
13 Middle East and Africa Small Hydropower Market Analysis
13.1 Saudi Arabia
13.1.1 Market Share
13.1.2 Historical Trend (2018-2023)
13.1.3 Forecast Trend (2024-2032)
13.2 United Arab Emirates
13.2.1 Market Share
13.2.2 Historical Trend (2018-2023)
13.2.3 Forecast Trend (2024-2032)
13.3 Nigeria
13.3.1 Market Share
13.3.2 Historical Trend (2018-2023)
13.3.3 Forecast Trend (2024-2032)
13.4 South Africa
13.4.1 Market Share
13.4.2 Historical Trend (2018-2023)
13.4.3 Forecast Trend (2024-2032)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Value Chain Analysis
16 Competitive Landscape
16.1 Market Structure
16.2 Company Profiles
16.2.1 Voith GmbH & Co. KGaA
16.2.1.1 Company Overview
16.2.1.2 Product Portfolio
16.2.1.3 Demographic Reach and Achievements
16.2.1.4 Certifications
16.2.2 ANDRITZ AG.
16.2.2.1 Company Overview
16.2.2.2 Product Portfolio
16.2.2.3 Demographic Reach and Achievements
16.2.2.4 Certifications
16.2.3 Siemens AG
16.2.3.1 Company Overview
16.2.3.2 Product Portfolio
16.2.3.3 Demographic Reach and Achievements
16.2.3.4 Certifications
16.2.4 Toshiba Energy Systems & Solutions Corporation (ESS)
16.2.4.1 Company Overview
16.2.4.2 Product Portfolio
16.2.4.3 Demographic Reach and Achievements
16.2.4.4 Certifications
16.2.5 Canyon Hydro
16.2.5.1 Company Overview
16.2.5.2 Product Portfolio
16.2.5.3 Demographic Reach and Achievements
16.2.5.4 Certifications
16.2.6 Others
17 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Small Hydropower Market: Key Industry Highlights, 2018 and 2032
2. Global Small Hydropower Historical Market: Breakup by Capacity (USD Billion), 2018-2023
3. Global Small Hydropower Market Forecast: Breakup by Capacity (USD Billion), 2024-2032
4. Global Small Hydropower Historical Market: Breakup by Type (USD Billion), 2018-2023
5. Global Small Hydropower Market Forecast: Breakup by Type (USD Billion), 2024-2032
6. Global Small Hydropower Historical Market: Breakup by Component (USD Billion), 2018-2023
7. Global Small Hydropower Market Forecast: Breakup by Component (USD Billion), 2024-2032
8. Global Small Hydropower Historical Market: Breakup by Region (USD Billion), 2018-2023
9. Global Small Hydropower Market Forecast: Breakup by Region (USD Billion), 2024-2032
10. North America Small Hydropower Historical Market: Breakup by Country (USD Billion), 2018-2023
11. North America Small Hydropower Market Forecast: Breakup by Country (USD Billion), 2024-2032
12. Europe Small Hydropower Historical Market: Breakup by Country (USD Billion), 2018-2023
13. Europe Small Hydropower Market Forecast: Breakup by Country (USD Billion), 2024-2032
14. Asia Pacific Small Hydropower Historical Market: Breakup by Country (USD Billion), 2018-2023
15. Asia Pacific Small Hydropower Market Forecast: Breakup by Country (USD Billion), 2024-2032
16. Latin America Small Hydropower Historical Market: Breakup by Country (USD Billion), 2018-2023
17. Latin America Small Hydropower Market Forecast: Breakup by Country (USD Billion), 2024-2032
18. Middle East and Africa Small Hydropower Historical Market: Breakup by Country (USD Billion), 2018-2023
19. Middle East and Africa Small Hydropower Market Forecast: Breakup by Country (USD Billion), 2024-2032
20. Global Small Hydropower Market Structure

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