Global Small Hydropower Market to Reach 154 Thousand MW by 2030
The global market for Small Hydropower estimated at 128 Thousand MW in the year 2023, is expected to reach 154 Thousand MW by 2030, growing at a CAGR of 2.7% over the period 2023-2030.
The U.S. Market is Estimated at 38.5 Thousand MW, While China is Forecast to Grow at 2.1% CAGR
The Small Hydropower market in the U.S. is estimated at 38.5 Thousand MW in the year 2023. China, the world`s second largest economy, is forecast to reach a projected market size of 26.4 Thousand MW by the year 2030 trailing a CAGR of 2.1% over the analysis period 2023 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.5% and 2% respectively over the 2023-2030 period. Within Europe, Germany is forecast to grow at approximately 2% CAGR.
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