Global Small Hydro Power Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Small Hydro Power Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 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.

Market Overview:

The latest research study on the global Small Hydro Power market finds that the global Small Hydro Power market reached a value of USD 14045.66 million in 2022. It’s expected that the market will achieve USD 17124.79 million by 2028, exhibiting a CAGR of 3.36% during the forecast period.

Region Overview:

From 2023-2028, Asia Pacific is estimated to witness robust growth prospects.

Company Overview:

Siemens AG is one of the major players operating in the Small Hydro Power market, holding a share of 4.91% in 2019.

Siemens AG operates in the fields of electrification, automation, and digitalization worldwide. Its Power and Gas segment offers gas and steam turbines, generators, compressor trains, integrated power plant solutions, and instrumentation and control systems for power generation. The company’s Energy Management segment offers software, products, systems, solutions, and services for transmitting, distributing, and managing electrical power, as well as for providing intelligent power infrastructure. Its Building Technologies segment provides automation technologies and digital services for fire safety, security, building automation, heating, ventilation, air conditioning, and energy management.

Statkraft AS, together with its subsidiaries, generates and supplies renewable energy. The company operates through European Flexible Generation, Market Operations, International Power, Wind Power, District Heating, Industrial Ownership, and Other Activities segments. It develops and generates hydropower, biomass power, wind power, solar power, gas fired power, and district heating. The company operates power plants in Norway, Sweden, Germany, the United Kingdom, India, Nepal, Peru, Chile, Turkey, Brazil, and Albania, as well as district heating plants in Norway and Sweden. It owns 359 power plants with a total installed capacity of 17 831 MW; and 28 district heating plants with a total installed capacity of 834 MW.

Segmentation Overview:

Among different product types, Small Hydro (1 MW - 10 MW) segment is anticipated to contribute the largest market share in 2028.

Application Overview:

By application, the Village segment occupied the biggest share from 2018 to 2022.

Key Companies in the global Small Hydro Power market covered in Chapter 3:

Engie SA
Statkraft AS
Iberdrola, S.A.
Andritz AG
Hydro-Electric Corporation
Voith Group
Siemens AG
Fortum Oyj
General Electric Company
Tokyo Electric Power Company

In Chapter 4 and Chapter 14.2, on the basis of types, the Small Hydro Power market from 2018 to 2029 is primarily split into:

Small Hydro (1 MW – 10 MW)
Mini Hydro (100 kW – 1 MW)
Micro Hydro (5 kW – 100 kW)
Others

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Small Hydro Power market from 2018 to 2029 covers:

Farm
Ranch
Village
Others

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)