Global Small Hydro Power Market 2024 by Company, Regions, Type and Application, Forecast to 2030

Global Small Hydro Power Market 2024 by Company, Regions, Type and Application, Forecast to 2030

According to our (Global Info Research) latest study, the global Small Hydro Power market size was valued at USD 2307.8 million in 2023 and is forecast to a readjusted size of USD 2887.7 million by 2030 with a CAGR of 3.3% during review period.

Hydroelectricity is the term referring to electricity generated by hydropower; the production of electrical power through the use of the gravitational force of falling or flowing water. It is the most widely used form of renewable energy. Small hydro is the development of hydroelectric power on a scale serving a small community or industrial plant. The definition of a small hydro project varies, but a generating Installed Capacity of 1 to 10 megawatts (MW) is generally accepted, which aligns to the concept of distributed generation.

In 2020, the market of small hydropower industry is almost monopolized by European and American producers, accounting for about 60% of the global market. The top three producers are Voith GmbH, GE and Andritz Hydro, which all come from European and American regions and account for more than 30% of the market share. But the Asia-Pacific region is the world's biggest consumer, accounting for about 60% of the market, compared with about 30% for Europe and America combined. The sharp drop in the growth rate of the consumer price of small hydropower in various countries shows that the price of small hydropower is close to its peak.

In 2020, the global Small Hydropower market size was US$ 2185.63 million and it is expected to reach US$ 2826.05 million by the end of 2027, with a CAGR of 3.93% between 2021 and 2027.

The data for 2021 is an estimate, based on the historical data and the integrated view of industrial experts, manufacturers, distributors, and end users, etc.

Top-down and bottom-up approaches are used to validate the global Small Hydropower market size and to estimate the market size for company, regional division, product type and application (end users). In the complete market engineering process, both top-down and bottom-up approaches along with several data triangulation methods have been extensively utilized to perform market estimation and market forecast for the overall market division and subdivision listed in this report. Extensive qualitative and further quantitative analysis has also been done from all the numbers arrived at in the complete market engineering process to list key information throughout the report.

Global key players of Small Hydropower include GE, Voith GmbH, Andritz Hydro, Siemens, Toshiba and Mavel, etc. Top five players occupy for a share about 38%. Asia-Pacific is the largest market, with a share about 57%, followed by North America and Europe. In terms of product, Electromechanical Equipment is the largest segment, with a share over 74%. In terms of application, Small Hydro (1MW-10MW) is the largest market, with a share over 78%.

The Global Info Research report includes an overview of the development of the Small Hydro Power industry chain, the market status of Farm (Small Hydro (1 MW - 10 MW), Mini Hydro (100 kW - 1 MW)), Ranch (Small Hydro (1 MW - 10 MW), Mini Hydro (100 kW - 1 MW)), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Small Hydro Power.

Regionally, the report analyzes the Small Hydro Power markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Small Hydro Power market, with robust domestic demand, supportive policies, and a strong manufacturing base.

Key Features:

The report presents comprehensive understanding of the Small Hydro Power market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Small Hydro Power industry.

The report involves analyzing the market at a macro level:

Market Sizing and Segmentation: Report collect data on the overall market size, including the revenue generated, and market share of different by Type (e.g., Small Hydro (1 MW - 10 MW), Mini Hydro (100 kW - 1 MW)).

Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Small Hydro Power market.

Regional Analysis: The report involves examining the Small Hydro Power market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.

Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Small Hydro Power market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.

The report also involves a more granular approach to Small Hydro Power:

Company Analysis: Report covers individual Small Hydro Power players, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.

Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Small Hydro Power This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Farm, Ranch).

Technology Analysis: Report covers specific technologies relevant to Small Hydro Power. It assesses the current state, advancements, and potential future developments in Small Hydro Power areas.

Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Small Hydro Power market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.

Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.

Market Segmentation

Small Hydro Power market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of value.

Market segment by Type
Small Hydro (1 MW - 10 MW)
Mini Hydro (100 kW - 1 MW)
Micro Hydro (5 kW - 100 kW)
Others

Market segment by Application
Farm
Ranch
Village
Others

Market segment by players, this report covers
Voith
GE
Andritz Hydro
Siemens
Agder Energi
Derwent
Lanco
Schneider Electric
FAB 3R
HYDROHROM
WEG
CanmetENERGY
Bharat Heavy Electricals

Market segment by regions, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Australia and Rest of Asia-Pacific)
South America (Brazil, Argentina and Rest of South America)
Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa)

The content of the study subjects, includes a total of 13 chapters:

Chapter 1, to describe Small Hydro Power product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top players of Small Hydro Power, with revenue, gross margin and global market share of Small Hydro Power from 2019 to 2024.

Chapter 3, the Small Hydro Power competitive situation, revenue and global market share of top players are analyzed emphatically by landscape contrast.

Chapter 4 and 5, to segment the market size by Type and application, with consumption value and growth rate by Type, application, from 2019 to 2030.

Chapter 6, 7, 8, 9, and 10, to break the market size data at the country level, with revenue and market share for key countries in the world, from 2019 to 2024.and Small Hydro Power market forecast, by regions, type and application, with consumption value, from 2025 to 2030.

Chapter 11, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.

Chapter 12, the key raw materials and key suppliers, and industry chain of Small Hydro Power.

Chapter 13, to describe Small Hydro Power research findings and conclusion.