The hydropower generation market size was valued at US$ 274.6 billion in 2022 and is projected to reach US$ 368.7 billion by 2030. The hydropower generation market is estimated to record a CAGR of 3.8% from 2022 to 2030.
The hydropower generation industry plays a pivotal role in the global energy landscape, contributing significantly to the generation of clean and renewable electricity. Hydropower, derived from the energy of flowing water, has been harnessed for centuries, and modern hydropower plants have evolved to become highly efficient and environmentally friendly sources of power.
One of the key advantages of hydropower is its sustainability and low environmental impact compared to fossil fuel-based energy sources. Hydropower plants can be categorized into various types, including conventional hydroelectric dams and run-of-river systems. Dams, such as the iconic Hoover Dam in the United StatesUS or the Three Gorges Dam in China, store large amounts of water in reservoirs, releasing it through turbines to generate electricity. Run-of-river systems, on the other hand, harness the natural flow of rivers without the need for large reservoirs.
The hydropower industry has witnessed technological advancements in recent years, including innovations in turbine design, control systems, and grid integration. These improvements aim to enhance the efficiency and reliability of hydropower plants, making them more competitive in the broader energy market. This is expected to drive fuel the hydropower generation market growth from 2022 to 2030. Additionally, governments of many countries are investing in the modernization and expansion of existing hydropower infrastructure, while others are exploring the development of small-scale and decentralized hydropower projects to meet local energy needs, which in turn is expected to increase the hydropower generation market share in the coming years. The hydropower industry also faces challenges, such as environmental concerns related to dam construction and the impact on aquatic ecosystems, requiring a balanced approach to ensure sustainable development. This in turn is expected to hamper the hydropower generation market growth during the forecast period.
The public sector owns and operates 70% of all hydropower, with plants Type installed worldwide between 2000 and 2020. Historically, extensive participation in the development of hydroelectric power plants has ensured appropriate remuneration and profitability as part of long-term energy planning. Today, becauseWith the rising involvement of the private sector is involved, well-designed government policies are crucial in reducing risks related to permits, construction, and environmental and social acceptance challenges. Beyond electricity, hydroelectric infrastructure enables numerous benefits for the management of water resources needed for critical public services such as irrigation, flood control, and water supply. Recognizing these benefits and assigning a monetary value to the private sector is possible anticipated to improve support the hydropower generation market growth significantly in the coming years.
Hydroelectric power plants that are between 45 and 60 years old require extensive renovation investments to modernize them, improve their performance, and increase their flexibility. In countries where aging plants provide the bulk of renewable electricity, these investments are particularly important for maintaining or increasing performance (typically by 5--10%), which in turn is expected to bring introduce new hydropower generation market trends in the coming years. In addition to the renewal of important systems such as turbines and generators, investments in modernization and digitalization can significantly increase systems flexibility, make the facility safer, and solve environmental and social problems such as inadequate drought management and flood protection, depending on the situation state regulations. Hence, these above-mentioned factors are expected to improve increase the hydropower generation market share in the overall renewable energy industry. Furthermore, the future hydropower generation market trends include goal zero emissions, energy transition, rural electrification, and modernization of hydro power plants.
The global hydropower generation market report is segmented based on the basis of pPlant tType, end -user, and geography. Based on pPlant tType, the hydropower generation market is segmented into small hydro (less than 30 MW), large hydro (greater than 30 MW), and pumped storage hydro power. In terms of end -user, the hydropower generation market analysis is segmented into residential, commercial, and industrial. In terms of geography, the global hydropower generation market report is segmented into five major regions: North America, Europe, Asia Pacific (APAC), Middle East & Africa (MEA), and South America (SAM).
RusHydro, Hydro-Quebec, BC Hydro, StatKraft, NHPC, EDF SA, China Yangtze Power, A Energi, Enel SpA, Centrais Eletricas Brasileiras SA Andritz Hydro USA Inc, GE Energy, CPFL Energia S.A., Sinohydro Corporation, IHI Corporation, Alstom Hydro, China Hydroelectric Corporation, China Three Gorges Corporation, ABB Ltd, and Tata Power Corporation are among the key players that are profiled in this hydropower generation market analysis.
The overall hydropower generation market forecast has been derived using both primary and secondary sources. Exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the hydropower generation market size. The process also helps obtain an overview and hydropower generation market forecast with respect to all the market segments. Also, multiple primary interviews have been conducted with industry participants to validate the data and gain analytical insights. This process includes industry experts such as VPs, business development managers, market intelligence managers, and national sales managers, along with external consultants such as valuation experts, research analysts, and key opinion leaders, specializing in the Hydropower hydropower generation market.
TABLE OF CONTENTS
1. Introduction
1.1 Scope of the Study
1.2 Market Definition, Assumptions and Limitations
1.3 Market Segmentation
2. Executive Summary
2.1 Key Insights
2.2 Market Attractiveness Analysis
3. Research Methodology
4. Hydropower Generation Market Landscape
4.1 Overview
4.2 PEST Analysis
4.3 Ecosystem Analysis
 4.3.1 List of Vendors in the Value Chain
5. Hydropower Generation Market - Key Market Dynamics
5.1 Key Market Drivers
5.2 Key Market Restraints
5.3 Key Market Opportunities
5.4 Future Trends
5.5 Impact Analysis of Drivers and Restraints
6. Hydropower Generation Market - Global Market Analysis
6.1 Hydropower Generation - Global Market Overview
6.2 Hydropower Generation - Global Market and Forecast to 2030
7. Hydropower Generation Market - Revenue Analysis (USD Million) - By Plant Type, 2020-2030
7.1 Overview
7.2 Small Hydro (Less than 30 MW)
7.3 Large Hydro (Greater than 30 MW)
7.4 Pumped Storage Hydro
8. Hydropower Generation Market - Revenue Analysis (USD Million) - By End-User, 2020-2030
8.1 Overview
8.2 Residential
8.3 Commercial
8.4 Industrial
9. Hydropower Generation Market - Revenue Analysis (USD Million), 2020-2030 - Geographical Analysis
9.1 North America
 9.1.1 North America Hydropower Generation Market Overview
 9.1.2 North America Hydropower Generation Market Revenue and Forecasts to 2030
 9.1.3 North America Hydropower Generation Market Revenue and Forecasts and Analysis - By Plant Type
 9.1.4 North America Hydropower Generation Market Revenue and Forecasts and Analysis - By End-User
 9.1.5 North America Hydropower Generation Market Revenue and Forecasts and Analysis - By Countries
 9.1.5.1 Canada Hydropower Generation Market
 9.1.5.1.1 Canada Hydropower Generation Market, by Plant Type
 9.1.5.1.2 Canada Hydropower Generation Market, by End-User
 9.1.5.2 Mexico Hydropower Generation Market
 9.1.5.2.1 Mexico Hydropower Generation Market, by Plant Type
 9.1.5.2.2 Mexico Hydropower Generation Market, by End-User
 9.1.5.3 US Hydropower Generation Market
 9.1.5.3.1 US Hydropower Generation Market, by Plant Type
 9.1.5.3.2 US Hydropower Generation Market, by End-User
 Note - Similar analysis would be provided for below mentioned regions/countries
 
9.2 Europe
 9.2.1 France
 9.2.2 Italy
 9.2.3 Spain
 9.2.4 Russia
 9.2.5 Switzerland
 9.2.6 Norway
 9.2.7 Rest of Europe
9.3 Asia-Pacific
 9.3.1 Australia
 9.3.2 China
 9.3.3 India
 9.3.4 Japan
 9.3.5 Vietnam
 9.3.6 Rest of Asia-Pacific
9.4 Middle East and Africa
 9.4.1 South Africa
 9.4.2 Iran
 9.4.3 Rest of Middle East and Africa
9.5 South and Central America
 9.5.1 Brazil
 9.5.2 Argentina
 9.5.3 Rest of South and Central America
10. Industry Landscape
10.1 Mergers and Acquisitions
10.2 Agreements, Collaborations, Joint Ventures
10.3 New Product Launches
10.4 Expansions and Other Strategic Developments
11. Competitive Landscape
11.1 Heat Map Analysis by Key Players
11.2 Company Positioning and Concentration
12. Hydropower Generation Market - Key Company Profiles
12.1 Andritz Hydro
 12.1.1 Key Facts
 12.1.2 Business Description
 12.1.3 Products and Services
 12.1.4 Financial Overview
 12.1.5 SWOT Analysis
 12.1.6 Key Developments
 Note - Similar information would be provided for below list of companies
 
12.2 GE Energy
12.3 CPFL Energia S.A.
12.4 Sinohydro Corporation
12.5 IHI Corporation
12.6 Alstom Hydro
12.7 China Hydroelectric Corporation
12.8 China Three Gorges Corporation
12.9 RusHydro
12.10 EDF SA
13. Appendix
13.1 Glossary
13.2 About
13.3 Market Intelligence Cloud
LIST OF TABLES
LIST OF FIGURES
The List of Companies - Hydropower Generation Market
Andritz Hydro
GE Energy
CPFL Energia S.A.
Sinohydro Corporation
IHI Corporation
Alstom Hydro
China Hydroelectric Corporation
China Three Gorges Corporation
RusHydro
EDF SA