Global Small Hydropower Market Growth 2023-2029

Global Small Hydropower Market Growth 2023-2029

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.
LPI (LP Information)' newest research report, the “Small Hydropower Industry Forecast” looks at past sales and reviews total world Small Hydropower sales in 2022, providing a comprehensive analysis by region and market sector of projected Small Hydropower sales for 2023 through 2029. With Small Hydropower sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Small Hydropower industry.
This Insight Report provides a comprehensive analysis of the global Small Hydropower landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Small Hydropower portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Small Hydropower market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Small Hydropower and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Small Hydropower.
The global Small Hydropower market size is projected to grow from US$ 2194.1 million in 2022 to US$ 2896.2 million in 2029; it is expected to grow at a CAGR of 2896.2 from 2023 to 2029.
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%.
This report presents a comprehensive overview, market shares, and growth opportunities of Small Hydropower market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Electromechanical Equipment
Infrastructure
Segmentation by application
Small Hydro (1MW-10MW)
Mini Hydro (100kW-1MW)
Micro Hydro (5kW-100kW)
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Voith GmbH
Andritz Hydro
GE
Siemens
Flovel Energy Private Limited
Toshiba
BHEL
SNC-Lavalin
Gilbert Gilkes & Gordon Ltd
Mavel
Ganz EEPM
Kolektor Turboinstitut
CKD Blansko
Atb Riva Calzoni
B Fouress
Global Hydro Energy
GUGLER
Zhejiang Jinlun Electromechanic
TES Vsetín
Atb Riva Calzoni
Key Questions Addressed in this Report
What is the 10-year outlook for the global Small Hydropower market?
What factors are driving Small Hydropower market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Small Hydropower market opportunities vary by end market size?
How does Small Hydropower break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.