The global hydropower market size was US$ 123.58 billion in 2021. The global hydropower market size is forecast to reach US$ 230.98 billion by 2030, growing at a compound annual growth rate (CAGR) of 11.1% during the forecast period from 2022 to 2030.

Hydroelectric power, also known as hydropower, generates electricity with generators driven by turbines that convert falling or fast-flowing water's potential energy into mechanical energy. During the early 21st century, hydroelectric power was the most commonly used renewable energy source. A hydroelectric generator uses water collected at a higher elevation to move it down through large tubes (penstocks) to a lower elevation, then pump it to generate electricity. The difference between the two heights is the head. At the end of their passage down the pipes, falling water causes the turbines to rotate. As a result, the turbines drive generators, which turn the mechanical energy from the turbines into electricity.

Factors Influencing Market Growth

• Over the projection period, the growing emphasis on efficiencies in the conversion of renewable energy integration, coupled with its wide variety of uses, such as irrigation for agriculture and flood control, will drive the global market expansion.
• A range of emerging technologies targeting hydropower generation should create substantial global market opportunities in the coming years.
• An increase in the number of new hydropower projects backed by government funding and a rise in the demand for reliable energy is forecast to drive market growth during the forecast period.
• Extensive gestation periods and the need for large capital investments may slow down the market's growth.

Impact Analysis of COVID-19

COVID-19 has a significant impact on the global hydropower market due to disruptions in the international supply chain and a decrease in investment for upcoming projects. Annual additions correlate with market growth, but some projects failed due to COVID-19-related lockdown measures. Nevertheless, the negative impact of hydropower projects on the environment could hamper the market growth.

Regional Insights

Asia-Pacific holds the majority share of the hydropower market, and this trend is forecast to continue over the projected period. With almost 27.2% of the world's hydropower capacity installed as of 2019, China is the world's largest hydropower producer. Globally, China, Brazil, the United States, Canada, India, and Japan are the leading producers of large-scale hydropower projects. In all of the world's major developed and emerging nations, the big hydropower segment is forecast to be driven by a trend toward cleaner energy and efforts to increase the share of renewable energy in the total power production mix.

Leading Competitors

The leading prominent companies profiled in the global hydropower market are:

• Voith GmbH
• ANDRITZ HYDRO GmbH
• General Electric Company
• The China Three Gorges Corporation
• Alfa Laval AB
• Metso Corporation
• Hydro-Québec
• ABB Limited
• Engie SA
• Tata Power Corporation
• Other Prominent Players

Scope of the Report

The global hydropower market segmentation focuses on Capacity and Region.

Segmentation based on Capacity

• Large Hydropower (Greater Than 100 MW)
• Small Hydropower (Smaller Than 10 MW)
• Other Sizes (10-100 MW)

Segmentation based on Region

• North America
  • The U.S.
  • Canada
  • Mexico
• Europe
  • Western Europe
    • The UK
    • Germany
    • France
    • Italy
    • Spain
    • Rest of Western Europe
  • Eastern Europe
    • Poland
    • Russia
    • Rest of Eastern Europe
• Asia Pacific
  • China
  • India
  • Japan
  • Australia & New Zealand
  • ASEAN
  • Rest of Asia Pacific
• Middle East & Africa (MEA)
  • UAE
  • Saudi Arabia
  • South Africa
  • Rest of MEA
• South America
  • Brazil
  • Argentina
  • Rest of South America

[TABLE OF CONTENTS]

1 INTRODUCTION OF GLOBAL HYDROPOWER MARKET
1.1 OVERVIEW OF THE MARKET
1.2 SCOPE OF REPORT
1.3 ASSUMPTIONS

2 EXECUTIVE SUMMARY

3 RESEARCH METHODOLOGY
3.1 DATA MINING
3.2 VALIDATION
3.3 PRIMARY INTERVIEWS
3.4 LIST OF DATA SOURCES

4 GLOBAL HYDROPOWER MARKET OUTLOOK
4.1 OVERVIEW
4.2 MARKET DYNAMICS
4.2.1 DRIVERS
4.2.2 RESTRAINTS
4.2.3 OPPORTUNITIES
4.3 PORTERS FIVE FORCE MODEL
4.4 VALUE CHAIN ANALYSIS

5 GLOBAL HYDROPOWER MARKET, BY CAPACITY
5.1 OVERVIEW
5.2 LARGE HYDROPOWER (GREATER THAN 100 MW)
5.3 SMALL HYDROPOWER (SMALLER THAN 10 MW)
5.4 OTHER SIZES (10-100 MW)

6 GLOBAL HYDROPOWER MARKET, BY GEOGRAPHY
6.1 OVERVIEW

6.2 NORTH AMERICA
6.2.1 NORTH AMERICA MARKET SNAPSHOT
6.2.2 U.S.
6.2.3 CANADA
6.2.4 MEXICO

6.3 EUROPE
6.3.1 EUROPE MARKET SNAPSHOT
6.3.2 WESTERN EUROPE
6.3.2.1 THE UK
6.3.2.2 GERMANY
6.3.2.3 FRANCE
6.3.2.4 ITALY
6.3.2.5 SPAIN
6.3.2.6 REST OF WESTERN EUROPE
6.3.3 EASTERN EUROPE
6.3.3. 1 POLAND
6.3.3.2 RUSSIA
6.3.3.3 REST OF EASTERN EUROPE

6.4 ASIA PACIFIC
6.4.1 ASIA PACIFIC MARKET SNAPSHOT
6.4.2 CHINA
6.4.3 JAPAN
6.4.4 INDIA
6.4.5 AUSTRALIA & NEW ZEALAND
6.4.6 ASEAN
6.4.7 REST OF ASIA PACIFIC

6.5 MIDDLE EAST & AFRICA
6.5.1 MIDDLE EAST & AFRICA MARKET SNAPSHOT
6.5.2 UAE
6.5.3 SAUDI ARABIA
6.5.4 SOUTH AFRICA
6.5.5 REST OF MEA

6.6 SOUTH AMERICA
6.6.1 SOUTH AMERICA MARKET SNAPSHOT
6.6.2 BRAZIL
6.6.3 ARGENTINA
6.6.4 REST OF SOUTH AMERICA

7 GLOBAL HYDROPOWER MARKET COMPETITIVE LANDSCAPE
7.1 OVERVIEW
7.2 COMPANY MARKET RANKING
7.3 KEY DEVELOPMENT STRATEGIES

8 COMPANY PROFILES

8.1 VOITH GMBH
8.1.1 OVERVIEW
8.1.2 FINANCIAL PERFORMANCE
8.1.3 PRODUCT OUTLOOK
8.1.4 KEY DEVELOPMENTS

8.2 ANDRITZ HYDRO GMBH
8.2.1 OVERVIEW
8.2.2 FINANCIAL PERFORMANCE
8.2.3 PRODUCT OUTLOOK
8.2.4 KEY DEVELOPMENTS

8.3 GENERAL ELECTRIC COMPANY
8.3.1 OVERVIEW
8.3.2 FINANCIAL PERFORMANCE
8.3.3 PRODUCT OUTLOOK
8.3.4 KEY DEVELOPMENTS

8.4 THE CHINA THREE GORGES CORPORATION
8.4.1 OVERVIEW
8.4.2 FINANCIAL PERFORMANCE
8.4.3 PRODUCT OUTLOOK
8.4.4 KEY DEVELOPMENTS

8.5 ALFA LAVAL AB
8.5.1 OVERVIEW
8.5.2 FINANCIAL PERFORMANCE
8.5.3 PRODUCT OUTLOOK
8.5.4 KEY DEVELOPMENTS

8.6 METSO CORPORATION
8.6.1 OVERVIEW
8.6.2 FINANCIAL PERFORMANCE
8.6.3 PRODUCT OUTLOOK
8.6.4 KEY DEVELOPMENTS

8.7 HYDRO-QUÉBEC
8.7.1 OVERVIEW
8.7.2 FINANCIAL PERFORMANCE
8.7.3 PRODUCT OUTLOOK
8.7.4 KEY DEVELOPMENTS

8.8 ABB LIMITED
8.8.1 OVERVIEW
8.8.2 FINANCIAL PERFORMANCE
8.8.3 PRODUCT OUTLOOK
8.8.4 KEY DEVELOPMENTS

8.9 ENGIE SA
8.9.1 OVERVIEW
8.9.2 FINANCIAL PERFORMANCE
8.9.3 PRODUCT OUTLOOK
8.9.4 KEY DEVELOPMENTS

8.10 TATA POWER CORPORATION
8.10.1 OVERVIEW
8.10.2 FINANCIAL PERFORMANCE
8.10.3 PRODUCT OUTLOOK
8.10.4 KEY DEVELOPMENTS