Global Small Hydropower Market Size, Trends & Growth Opportunity, By Capacity (Up to 1 MW and 1-10 MW), By Type (Mini Hydropower and Micro Hydropower), By Component (Electric Infrastructure, Electromechanical Equipment, Civil Works, and Others), By Region and Forecast till 2030.
Global Small Hydropower Market
The Global Small Hydropower Market is expected to grow from US$ 2.2 Billion in 2022 to US$ 3.01 Billion by 2030; it is estimated to grow at a CAGR of 3.96% from 2023-2030.
Market Overview
Small hydro is the small-scale creation of hydroelectric electricity to supply a local community or industrial facility. The upper limit of what is regarded to be a small hydro project varies depending on the definition, but in general, a producing capacity of up to 25 megawatts (MW) is accepted. Because they are situated at the top, hydroelectric power plants transform the anticipated water energy into electrical energy.
Market Drivers
Governments in the BRIC countries are emphasising rural areas to effectively supply power as industrialization in those countries grows. Due to the lack of grids in these locations, the demand for small hydropower generators is anticipated to rise. The need for small hydropower will be further impacted by this. Additionally, regions with weak grid connectivity are the most suited locations for small hydropower facilities. SHP, often known as small hydropower, produces electricity at lower costs than other off-grid methods. SHP is quite customizable and can be used in a variety of geographic and infrastructure settings. Because of this, the growth of the small hydropower market is anticipated to accelerate.
Market Restraints
However, a growing number of substitutes with lower prices will further impede the growth of the small hydropower market during the projected period due to increased stream expansion limitations, an unstable supply, an unstable economy, and logistical cost issues.
Impact of Covid-19
The COVID-19 pandemic is anticipated to negatively impact the worldwide small hydropower market's overall growth. Government-imposed rigorous lockdown restrictions in the second quarter of 2020 significantly impeded the movement of raw materials and components. The COVID-19 scenario is expected to cause delays in both the construction of new projects and the repair and maintenance of existing projects. Due to the market's unpredictability, as well as fluctuations in the price of raw materials and the global economy, 2020's anticipated investment plans in small hydropower projects have been significantly impeded. Although it is anticipated that the demand for renewable energy would stay high.
Market Segmentation
Segmentation By Capacity: Global Small Hydropower Market is segmented into Capacity such as Up to 1 MW and 1-10 MW.
Segmentation By Type: Global Small Hydropower Market is segmented into Type such as Mini Hydropower and Micro Hydropower.
Segmentation By Component: Global Small Hydropower Market is segmented into Component such as Electric Infrastructure, Electromechanical Equipment, Civil Works, and Others.
Segmentation By Region: Global Small Hydropower Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. The region of Asia Pacific is anticipated to rule the global SHP market over the anticipated years. The expanding efforts the Chinese government is making to build modest hydropower units.
Market Key Players
Various key players are discussed in this report such as Voith GmbH & Co. KGaA, ANDRITZ, General Electric, Siemens Energy, Bharat Heavy Electricals Limited, Gilkes, Natel Energy, Statkraft, and FLOVEL Energy Private Limited.
Market Taxonomy
By Capacity
• Up to 1 MW
• 1-10 MW
By Type
• Mini Hydropower
• Micro Hydropower
By Component
• Electric Infrastructure
• Electromechanical Equipment
• Civil Works
• Others
By Region
• North America
• Latin America
• Europe
• Asia Pacific
• Middle East & Africa
Key Questions Addressed by the Report
• What are the Key Opportunities in Global Small Hydropower Market?
• What will be the growth rate from 2023 to 2030?
• Which segment/region will have highest growth?
• What are the factors that will impact/drive the Market?
• What is the competitive Landscape in the Industry?
• What is the role of key players in the value chain?
• What are the strategies adopted by key players?
Global Small Hydropower Market
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Small Hydropower Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.2.4 Cumulative Impact due to recent Energy Crisis
4.2.5 Cumulative Impact due to nearing economic downturn
4.2.6 Post covid-19 world Supply & Demand conditions
4.2.7 Cumulative Impact of Russia-Ukraine Conflict
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Small Hydropower Market, By Capacity
5.1 Y-o-Y Growth Comparison, By Capacity
5.2 Global Small Hydropower Market Share Analysis, By Capacity
5.3 Global Small Hydropower Market Size and Forecast, By Capacity
5.3.1 Up to 1 MW
5.3.2 1-10 MW
6 Global Small Hydropower Market, By Type
6.1 Y-o-Y Growth Comparison, By Type
6.2 Global Small Hydropower Market Share Analysis, By Type
6.3 Global Small Hydropower Market Size and Forecast, By Type
6.3.1 Mini Hydropower
6.3.2 Micro Hydropower
7 Global Small Hydropower Market, By Component
7.1 Y-o-Y Growth Comparison, By Component
7.2 Global Small Hydropower Market Share Analysis, By Component
7.3 Global Small Hydropower Market Size and Forecast, By Component
7.3.1 Electric Infrastructure
7.3.2 Electromechanical Equipment
7.3.3 Civil Works
7.3.4 Others
8 Global Small Hydropower Market, By Region
8.1 Global Small Hydropower Market Share Analysis, By Region
8.2 Global Small Hydropower Market Share Analysis, By Region
8.3 Global Small Hydropower Market Size and Forecast, By Region
9 North America Small Hydropower Market Analysis and Forecast (2023 – 2030)
9.1 Introduction
9.2 North America Small Hydropower Market Share Analysis, By Capacity
9.3 North America Small Hydropower Market Size and Forecast, By Type
9.4 North America Small Hydropower Market Size and Forecast, By Component
9.5 North America Small Hydropower Market Size and Forecast, By Country
9.5.1 U.S.
9.5.2 Canada
9.5.3 Mexico
10 Europe Small Hydropower Market Analysis and Forecast (2023 – 2030)
10.1 Introduction
10.2 Europe Small Hydropower Market Share Analysis, By Capacity
10.3 Europe Small Hydropower Market Size and Forecast, By Type
10.4 Europe Small Hydropower Market Size and Forecast, By Component
10.5 Europe Small Hydropower Market Size and Forecast, By Country
10.5.1 Germany
10.5.2 France
10.5.3 UK
10.54. Rest of Europe
11 Asia Pacific Small Hydropower Market Analysis and Forecast (2023 – 2030)
11.1 Introduction
11.2 Asia Pacific Small Hydropower Market Share Analysis, By Capacity
11.3 Asia Pacific Small Hydropower Market Size and Forecast, By Type
11.4 Asia Pacific Small Hydropower Market Size and Forecast, By Component
11.5 Asia Pacific Small Hydropower Market Size and Forecast, By Country
11.5.1 China
11.5.2 Japan
11.5.3 India
11.5.4. Rest of Asia Pacific
12 Latin America Small Hydropower Market Analysis and Forecast (2023 – 2030)
12.1 Introduction
12.2 Latin America Small Hydropower Market Share Analysis, By Capacity
12.3 Latin America Small Hydropower Market Size and Forecast, By Type
12.4 Latin America Small Hydropower Market Size and Forecast, By Component
12.5 Latin America Small Hydropower Market Size and Forecast, Country
13 Middle East Small Hydropower Market Analysis and Forecast (2023 – 2030)
13.1 Introduction
13.2 Middle East Small Hydropower Market Share Analysis, By Capacity
13.3 Middle East Small Hydropower Market Size and Forecast, By Type
13.4 Middle East Small Hydropower Market Size and Forecast, By Component
13.5 Middle East Small Hydropower Market Size and Forecast, By Country
14 Competitive Analysis
14.1 Competition Dashboard
14.2 Market share Analysis of Top Vendors
14.3 Key Development Strategies
15 Company Profiles
15.1 Voith GmbH & Co. KGaA
15.1.1 Overview
15.1.2 Offerings
15.1.3 Key Financials
15.1.4 Business Segment & Geographic Overview
15.1.5 Key Market Developments
15.1.6 Key Strategies
15.2 ANDRITZ
15.2.1 Overview
15.2.2 Offerings
15.2.3 Key Financials
15.2.4 Business Segment & Geographic Overview
15.2.5 Key Market Developments
15.2.6 Key Strategies
15.3 General Electric
15.3.1 Overview
15.3.2 Offerings
15.3.3 Key Financials
15.3.4 Business Segment & Geographic Overview
15.3.5 Key Market Developments
15.3.6 Key Strategies
15.4 Siemens Energy
15.4.1 Overview
15.4.2 Offerings
15.4.3 Key Financials
15.4.4 Business Segment & Geographic Overview
15.4.5 Key Market Developments
15.4.6 Key Strategies
15.5 Bharat Heavy Electricals Limited
15.5.1 Overview
15.5.2 Offerings
15.5.3 Key Financials
15.5.4 Business Segment & Geographic Overview
15.5.5 Key Market Developments
15.5.6 Key Strategies
15.6 Gilkes
15.6.1 Overview
15.6.2 Offerings
15.6.3 Key Financials
15.6.4 Business Segment & Geographic Overview
15.6.5 Key Market Developments
15.6.6 Key Strategies
15.7 Natel Energy
15.7.1 Overview
15.7.2 Offerings
15.7.3 Key Financials
15.7.4 Business Segment & Geographic Overview
15.7.5 Key Market Developments
15.7.6 Key Strategies
15.8 FLOVEL Energy Private Limited
15.8.1 Overview
15.8.2 Offerings
15.8.3 Key Financials
15.8.4 Business Segment & Geographic Overview
15.8.5 Key Market Developments
15.8.6 Key Strategies
