The Hydroelectric Power Generation Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
What are the Historical Growth Trends in the Hydroelectric Power Generation Market?
The Hydroelectric Power Generation Global Market Report has experienced significant expansion over the past few years. From a market size of $316.93 billion in 2024, it is projected to rise to $335.27 billion in 2025, showcasing a Compound Annual Growth Rate (CAGR) of 5.8%.
What are the 2025 Market Projections: Forecasted Size & Growth Rate for the Hydroelectric Power Generation Industry?
The Hydroelectric Power Generation Global Market is projected to reach $397.79 billion in 2029, with a compound annual growth rate (CAGR) of 4.4%.
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What are the Key Growth Drivers Fueling the Hydroelectric Power Generation Market?
The key drivers in the hydroelectric power generation market are:
• Climate change mitigation efforts promoting renewable energy sources
• Market liberalization leading to increased competition and efficiency
• Grid modernization enabling more efficient power distribution
• Integration of energy storage systems improving generation reliability
Global Market Segmentation: Identifying Major Hydroelectric Power Generation Industry Segments
The hydroelectric power generation market covered in this report is segmented –
1) By Type: Dike Type, Diversion Hydropower Station, Mixed Type, Tide, Pumped Storage
2) By Capacity: Small Hydro Power Plant (Up To 1MW), Medium Hydro Power Plant (1MW - 10MW), Large Hydro Power Plant (Above 10MW)
3) By Application: Residential, Commercial, Industrial
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What are the Emerging Trends Shaping the Future of the Hydroelectric Power Generation Market?
The key trends in the hydroelectric power generation market are:
• Investment and financing initiatives are emerging as a key trend in the hydroelectric power generation market.
• Technological innovation is significantly impacting the future of the hydroelectric power sector.
• The market is increasingly influenced by the formation of public-private partnerships.
• The incorporation of digitalization and smart technologies is an emergent trend.
Who Are the Top Competitors & Leading Players in the Hydroelectric Power Generation Market?
Major companies in the hydroelectric power generation market are:
• Enel S.p.A.
• Électricité de France Group
• Engie Energy International
• Iberdrola S.A.
• Duke Energy Corporation
• Ørsted A/S
• Statkraft AS
• General Electric Renewable Energy
• American Electric Power (AEP)
• Hydro-Québec Corp.
• Siemens Gamesa Renewable Energy SA
• Korea Hydro & Nuclear Power (KHNP) Corp.
• Tennessee Valley Authority (TVA)
• Andritz AG
• Sinopec Engineering Group
• Eletrobras
• Centrais Elétricas Brasileiras S.A.
• Brookfield Renewable Partners LP
• British Columbia Hydro and Power Authority
• PJSC RusHydro
• Voith Hydro AG
• Agder Energi
• Innergex Renewable Energy Inc.
• National Hydroelectric Power Corporation (NHPC)
• China Three Gorges Corporation
• Tokyo Electric Power Company Holdings (TEPCO) Inc.
Regional Dominance: Which Area Leads the Global Hydroelectric Power Generation Market?
Asia-Pacific was the largest region in the hydroelectric power generation market in 2024
