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Global Hydropower Plant Market Size, Share & COVID-19 Impact Analysis, By Product Type (Large Hydropower, Small Hydropower and Other Sizes), By End Users/Application (City Power Supply, Industrial Power Supply, Military Power Supply and Others), and Regional Forecasts, 2023-2030

The global hydropower plant market size was valued at USD 209.4 billion in 2022. The market is projected to grow from USD 308.7 billion in 2022 to USD 209.4 billion by 2030, exhibiting a CAGR of 5.70% during the forecast period.
 
The increasing need for clean energy around the world largely drives the global hydropower plant market. Rapid urbanization and industrialization, particularly in developing nations like China and India, have increased the power demand. The demand for renewable energy sources for power generation has increased due to efforts made by governments of many nations, including the U.S., Germany, India, Japan, and China, to reduce their dependence on fossil fuels to create electricity. In order to meet the rising need for renewable energy, several hydropower-producing projects have been developed worldwide, particularly in Asia-Pacific. Additionally, the market is anticipated to grow as a result of increased demand for greener power production technologies and stricter emission regulation targets.
 
COVID-19 IMPACT

Widespread apprehension and a lack of money have made it difficult to finance and refinance several hydroelectric projects. Due to supply chain issues during the lockdown caused by the COVID-19 pandemic outbreak, greenfield development and crucial modernization projects have also been put on hold. Additionally, government initiatives to support the sector have been delayed, whether new or already in place. Due to modern facilities' high levels of automation, operations have been less affected, but there have been effects due to huge drops in electricity demand and pricing. Demand and prices in some areas have decreased by up to 20.0% while being highly volatile.
 
DRIVING FACTORS

Rising Demand for Renewable Energy will Propel Market Expansion

Due to the massive number of new industries and manufacturing facilities that are entering the worldwide market and necessitating a large supply of energy to continue operating, the overall electricity demand is fast rising. Due to the numerous electrical equipment used daily, the household sector has witnessed a significant increase in electricity usage. In addition, rising electricity demand has boosted interest in renewable energy sources, which contributes to a decrease in the amount of fossil fuels used to produce electricity. People have been utilizing renewable energy sources more widely in an effort to slow down global warming and the rapid change in the climate. These factors are driving the global hydropower plant market over the forecast period.
 
RESTRAINING FACTORS

Hydropower Plant Capital Costs are High, which will Restrain Market Expansion

There are numerous resources needed to build up the hydropower producing plants. Some of these resources have a high price tag. The area is needed for the plant setup, and most of this land should be along a river. Government consent is required for this. This can occasionally cost a considerable sum of money. Additionally, labor costs are included in the plant's overhead expenses. High capital expenditures for hydropower plant facilities are impeding the expansion of the hydropower plant market globally as a result.
 
SEGMENTATION

By Product Type


Based on product type, the hydropower plant market is segmented into Large Hydropower, Small Hydropower and Other Sizes. The large hydropower category dominated the market in 2022. The market for large hydropower plants (over 10MW) is anticipated to be driven by increased efficiency, long life, low maintenance and operation costs, and high dependability during the projected period. In addition, the development of the large hydropower plant market in the near future is projected to be fueled by upcoming hydroelectric projects and plans to update the hydropower infrastructure throughout developing nations.
 
By End Users/Application

Based on end users/application, the hydropower plant market is segmented into city power supply, industrial power supply, military power supply and others. The industrial power supply category dominated the market in 2022. The energy demand has increased as a result of the rapid industrialization of developing regions. Governments worldwide are seeking alternatives to lessen the reliance on fossil fuels for the industrial sector's electricity generation. This is encouraging the construction of hydropower plants in developing areas..
 
REGIONAL INSIGHTS

 
The Asia Pacific is projected to hold the largest share of the hydropower plant market over the forecast period. The region's rapid urbanization and industrialization have considerably increased the region's energy demand. Additionally, the establishment of numerous hydropower-producing projects throughout the region—particularly in nations like China and India—has been prompted by the rise in demand for renewable energy and the need to lessen reliance on traditional fossil fuels for energy generation. Furthermore, nations like Japan, Vietnam, and South Korea have been investing in the hydropower industry, which is anticipated to fuel the expansion of the hydropower plant market throughout the region throughout the projected period. On the other hand, Europe hydropower plant market is anticipated to grow significantly. Over the forecast period, factors like as growing concerns about greenhouse gas (GHG) emissions and rising generation costs from non-renewable resources are anticipated to boost the adoption of hydropower plants. The growing population and the rising demand for effective and sustainable energy are anticipated to drive market expansion. Another key reasons influencing the expansion of the regional industry has been the funding options for energy efficiency and conservation projects in the European Union.
 
LIST OF KEY COMPANIES PROFILED:
  • Xiluodu
  • Itaipu Dam
  • SayanoShushenskaya
  • Longtan Dam
  • Xiaowan Dam
  • Jinping-I
  • Bratsk
  • Laxiwa Dam
  • Grand Coulee
  • Xiangjiaba
  • Ust Ilimskaya
  • Robert-Bourassa
  • Jirau
  • Nuozhadu
  • Tucuruí
  • Three Gorges Dam
  • Churchill Falls
  • Krasnoyarsk
  • Jinping-II
  • Guri
KEY INDUSTRY DEVELOPMENTS:
  • In June 2020, India and Bhutan concluded the Concession Agreement for the 600 MW Kholongchhu Hydroelectric Project. The two nations had never worked together on a hydropower plant prior to this one. Bhutan is the location of the 600 MW project. A 95-meter-high concrete gravity dam is required to hold back the water, and the proposal plans for an underground power facility with four 150 MW turbines.
REPORT SCOPE AND SEGMENTATION
 
Attributes Details
Study Period 2016-2030
Base Year 2022
Estimated Year 2023
Forecast Period 2023-2030
Historical Period 2016-2021
Unit Revenue (USD Million) and Volume (Kilo Tons)
Segmentation By Product Type, By End Users/Application, and By Geography
By Product Type
  • Large Hydropower
  • Small Hydropower
  • Other Sizes
By End Users/Application
  • City Power Supply
  • Industrial Power Supply
  • Military Power Supply
  • Others
By Region
  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • France
    • U.K.
    • Italy
    • Spain
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • South-east Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC Countries
    • South Africa
    • Rest of Middle East and Africa
Chapter 1    Preface

    1.1    Report Scope and Description
        1.1.1    Study Purpose
        1.1.2    Target Audience
        1.1.3    USP and Key Offerings
    1.2    Key Benefits for Stakeholders
    1.3    Report Scope

Chapter 2    Report Summary

    2.1    Key Findings
        2.1.1    Top Investment Pockets
    2.2    Market Snapshot: Global Hydropower Plant Market
    2.3    Global Hydropower Plant Market, 2018 – 2028 (US$ Mn)

Chapter 3    COVID 19 Impact Analysis

    3.1    Impact Assessment of COVID-19 Pandemic, By Region
        3.1.1    North America: Impact of COVID-19 Pandemic
        3.1.2    Europe: Impact of COVID-19 Pandemic
        3.1.3    Asia pacific: Impact of COVID-19 Pandemic
        3.1.4    Latin America: Impact of COVID-19 Pandemic
        3.1.5    Middle-East and Africa: Impact of COVID-19 Pandemic
    3.2    Key Strategies Undertaken by Companies to Tackle COVID-19
    3.3    Quarterly Market Revenue by Region 2021 & 2022
    3.4    Pre COVID-19 Market Revenue, By Region, 2016-2019        (USD Million)
    3.5    Post COVID-19 Market Revenue, By Region, 2020-2028 (USD Million)
    3.6    Short Term Dynamics
    3.7    Long Term Dynamics

Chapter 4    Global Hydropower Plant Market, By Product Type Segment Analysis

    4.1    Hydropower Plant Market Overview, By Product Type Segment
        4.1.1    Global Hydropower Plant Market Revenue Share, By Product Type, 2022 & 2028 (Value, %)
    4.2    Large Hydropower
        4.2.1    Hydropower Plant Market Share Forecast, By Region (USD Million)
        4.2.2    Comparative Revenue Analysis, By Country, 2021 & 2028
        4.2.3    Key Market Trends, Growth Factors, & Opportunities
    4.3    Small Hydropower
        4.3.1    Hydropower Plant Market Share Forecast, By Region (USD Million)
        4.3.2    Comparative Revenue Analysis, By Country, 2021 & 2028
        4.3.3    Key Market Trends, Growth Factors, & Opportunities
    4.4    Other Sizes
        4.4.1    Hydropower Plant Market Share Forecast, By Region (USD Million)
        4.4.2    Comparative Revenue Analysis, By Country, 2021 & 2028
        4.4.3    Key Market Trends, Growth Factors, & Opportunities
        
Chapter 5    Global Hydropower Plant Market, By End Users/Application Segment Analysis

    5.1    Hydropower Plant Market Overview, By End Users/Application Segment
        5.1.1    Global Hydropower Plant Market Revenue Share, By End Users/Application, 2022 & 2028 (Value, %)
    5.2    City Power Supply
        5.2.1    Hydropower Plant Market Share Forecast, By Region (USD Million)
        5.2.2    Comparative Revenue Analysis, By Country, 2022 & 2028
        5.2.3    Key Market Trends, Growth Factors, & Opportunities
    5.3    Industrial Power Supply
        5.3.1    Hydropower Plant Market Share Forecast, By Region (USD Million)
        5.3.2    Comparative Revenue Analysis, By Country, 2022 & 2028
        5.3.3    Key Market Trends, Growth Factors, & Opportunities
    5.4    Military Power Supply
        5.4.1    Hydropower Plant Market Share Forecast, By Region (USD Million)
        5.4.2    Comparative Revenue Analysis, By Country, 2022 & 2028
        5.4.3    Key Market Trends, Growth Factors, & Opportunities
    5.5    Others
        5.5.1    Hydropower Plant Market Share Forecast, By Region (USD Million)
        5.5.2    Comparative Revenue Analysis, By Country, 2022 & 2028
        5.5.3    Key Market Trends, Growth Factors, & Opportunities
        
Chapter 6    Hydropower Plant Market – Regional Analysis, 2022 – 2028

    6.1    Hydropower Plant market Overview, by Region Segment
        6.1.1    Global Hydropower Plant market Revenue Share, By Region, 2022 & 2028
        6.1.2    Global Hydropower Plant Market Revenue, By Region, 2017 – 2028 (US$ Mn)
        6.1.3    Global Hydropower Plant market Revenue, By Product Type, 2017 – 2028 (US$ Mn)
        6.1.4    Global Hydropower Plant market Revenue, By End Users/Application, 2017 – 2028 (US$ Mn)
    6.2    North America
        6.2.1    North America Hydropower Plant Market Revenue, By Country, 2018 – 2028 (US$ Mn)
        6.2.2    North America Hydropower Plant Market Revenue, By Product Type, 2018 – 2028 (US$ Mn)/(Kilo Tons)
        6.2.3    North America Hydropower Plant Market Revenue, By End Users/Application, 2018 – 2028 (US$ Mn)/(Kilo Tons)
        6.2.4    U.S. Hydropower Plant Market Revenue, 2018 - 2028 (US$ Mn)/ (Kilo Tons)
        6.2.5    Canada Hydropower Plant Market Revenue, 2018 - 2028 (US$ Mn)/ (Kilo Tons)
        6.2.6    Mexico Hydropower Plant Market Revenue, 2018 - 2028 (US$ Mn)/ (Kilo Tons)
    6.3    Europe
        6.3.1    Europe Hydropower Plant Market Revenue, By Country, 2018 – 2028 (US$ Mn)
        6.3.2    Europe Hydropower Plant Market Revenue, By Product Type, 2018 – 2028 (US$ Mn)/(Kilo Tons)
        6.3.3    Europe Hydropower Plant Market Revenue, By End Users/Application, 2018 – 2028 (US$ Mn)/(Kilo Tons)
        6.3.4    Germany Hydropower Plant Market Revenue, 2018 - 2028 (US$ Mn)/ (Kilo Tons)
        6.3.5    France Hydropower Plant Market Revenue, 2018 - 2028 (US$ Mn)/ (Kilo Tons)
        6.3.6    U.K. Hydropower Plant Market Revenue, 2018 - 2028 (US$ Mn)/ (Kilo Tons)
        6.3.7    Italy Hydropower Plant Market Revenue, 2018 - 2028 (US$ Mn)/ (Kilo Tons)
        6.3.8    Spain Hydropower Plant Market Revenue, 2018 - 2028 (US$ Mn)/ (Kilo Tons)
        6.3.9    Rest of Europe Hydropower Plant Market Revenue, 2018 - 2028 (US$ Mn)/ (Kilo Tons)
    6.4    Asia Pacific
        6.4.1    Asia Pacific Hydropower Plant Market Revenue, By Country, 2018 – 2028 (US$ Mn)
        6.4.2    Asia Pacific Hydropower Plant Market Revenue, By Product Type, 2018 – 2028 (US$ Mn)/(Kilo Tons)
        6.4.3    Asia Pacific Hydropower Plant Market Revenue, By End Users/Application, 2018 – 2028 (US$ Mn)/(Kilo Tons)
        6.4.4    China Hydropower Plant Market Revenue, 2018 - 2028 (US$ Mn)/ (Kilo Tons)
        6.4.5    Japan Hydropower Plant Market Revenue, 2018 - 2028 (US$ Mn)/ (Kilo Tons)
        6.4.6    India Hydropower Plant Market Revenue, 2018 - 2028 (US$ Mn)/ (Kilo Tons)
        6.4.7    South Korea Hydropower Plant Market Revenue, 2018 - 2028 (US$ Mn)/ (Kilo Tons)
        6.4.8    South-East Asia Hydropower Plant Market Revenue, 2018 - 2028 (US$ Mn)/ (Kilo Tons)
        6.4.9    Rest of Asia Pacific Hydropower Plant Market Revenue, 2018 - 2028 (US$ Mn)/ (Kilo Tons)
    6.5    Latin America
        6.5.1    Latin America Hydropower Plant Market Revenue, By Country, 2018 – 2028 (US$ Mn)
        6.5.2    Latin America Hydropower Plant Market Revenue, By Product Type, 2018 – 2028 (US$ Mn)/(Kilo Tons)
        6.5.3    Latin America Hydropower Plant Market Revenue, By End Users/Application, 2018 – 2028 (US$ Mn)/(Kilo Tons)
        6.5.4    Brazil Hydropower Plant Market Revenue, 2018 - 2028 (US$ Mn)/ (Kilo Tons)
        6.5.5    Argentina Hydropower Plant Market Revenue, 2018 - 2028 (US$ Mn)/ (Kilo Tons)
        6.5.6    Rest of Latin America Hydropower Plant Market Revenue, 2018 - 2028 (US$ Mn)/ (Kilo Tons)
    6.6    The Middle-East and Africa
        6.6.1    The Middle-East and Africa Hydropower Plant Market Revenue, By Country, 2018 – 2028 (US$ Mn)
        6.6.2    The Middle-East and Africa Hydropower Plant Market Revenue, By Product Type, 2018 – 2028 (US$ Mn)/(Kilo Tons)
        6.6.3    The Middle-East and Africa Hydropower Plant Market Revenue, By End Users/Application, 2018 – 2028 (US$ Mn)/(Kilo Tons)
        6.6.4    GCC Countries Hydropower Plant Market Revenue, 2018 - 2028 (US$ Mn)/ (Kilo Tons)
        6.6.5    South Africa Hydropower Plant Market Revenue, 2018 - 2028 (US$ Mn)/ (Kilo Tons)
        6.6.6    Rest of Middle-East Africa Hydropower Plant Market Revenue, 2018 - 2028 (US$ Mn)/ (Kilo Tons)

Chapter 7    Hydropower Plant Market – Industry Analysis

    7.1    Introduction
    7.2    Market Drivers
        7.2.1    Driving Factor 1 Analysis
        7.2.2    Driving Factor 2 Analysis
    7.3    Market Restraints
        7.3.1    Restraining Factor Analysis
    7.4    Market Opportunities
        7.4.1    Market Opportunity Analysis
    7.5    Porter’s Five Forces Analysis
    7.6    PEST Analysis
    7.7    Regulatory Landscape
    7.8    Technology Landscape
    7.9    Value Chain Analysis

Chapter 8    Competitive Landscape

    8.1    Company Market Share Analysis – 2022
        8.1.1    Global Hydropower Plant market: Company Market Share, 2022
        8.1.2    Global Hydropower Plant Market: Company Market Share, 2022
    8.2    Strategic Developments
        8.2.1    Acquisitions & Mergers
        8.2.2    New Product Launch
        8.2.3    Regional Expansion
    8.3    Company Strategic Developments – Heat Map Analysis

Chapter 9    Company Profiles

    9.1    Xiluodu
        9.1.1    Company Overview
        9.1.2    Key Executives
        9.1.3    Product Portfolio
        9.1.4    Financial Overview
        9.1.5    Operating Business Segments
        9.1.6    Business Segment Performance
        9.1.7    Recent Developments
    9.2    Itaipu Dam
    9.3    SayanoShushenskaya
    9.4    Longtan Dam
    9.5    Xiaowan Dam
    9.6    Jinping-I
    9.7    Bratsk
    9.8    Laxiwa Dam
    9.9    Grand Coulee
    9.10 Xiangjiaba
    9.11    Ust Ilimskaya
    9.12    Robert-Bourassa
    9.13    Jirau
    9.14    Nuozhadu
    9.15    Tucuruí
    9.16    Three Gorges Dam
    9.17    Churchill Falls
    9.18    Krasnoyarsk
    9.19    Jinping-II
    9.20    Guri

Chapter 10    Research Methodology

    10.1    Research Methodology
    10.2    Phase I – Secondary Research
    10.3    Phase II - Data Modeling
        10.3.1    Company Share Analysis Model
        10.3.2    Revenue Based Modelling
    10.4    Phase III – Primary Research
    10.5    Research Limitations
        10.5.1    Assumptions
No Methodology
No Available