Pumped Hydro Storage Global Market Report 2024

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Global Pumped Hydro Storage Market Report 2024

Pumped Hydro Storage Global Market Report 2024 – By Type (Open-Loop, Closed-Loop), By Source (Natural Reservoirs, Man-Made Reservoirs), By End User (Government Agency, Grid Operators, Electricity Utilities, Other End Users) – Market Size, Trends, And Global Forecast 2024-2033

Pumped Hydro Storage Global Market Report 2024

Starting Price : $4000.00 | Pages : 175 | Published : January 2024 | Delivery Time: 2-3 business days | Format : pdf

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Pumped Hydro Storage Global Market Report 2023

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Pumped Hydro Storage Market Definition And Segments

Pumped hydro storage refers to structures that transfer water-based energy from one reservoir to another at a lower height. It is one of the few large-scale, cost-effective ways to store and distribute electricity to increase grid dependability.

The main pumped hydro storage types are open-loop and closed-loop. Open-loop pumped hydro storage refers to a type of PSH that has a continuous hydrologic connection to a natural body of water. The various sources are natural reservoirs, and man-made reservoirs used by government agency, grid operators, electricity utilities, and others.

The pumped hydro storage market covered in this report is segmented –

1) By Type: Open-Loop, Closed-Loop

2) By Source: Natural Reservoirs, Man-Made Reservoirs

3) By End User: Government Agency, Grid Operators, Electricity Utilities, Other End Users

The pumped hydro storage market size has grown strongly in recent years. It will grow from $378.79 billion in 2023 to $412.08 billion in 2024 at a compound annual growth rate (CAGR) of 8.8%. The growth in the historic period can be attributed to need for energy storage solutions, grid stability and reliability, renewable energy integration, electricity market dynamics, hydropower expansion.

The pumped hydro storage market size is expected to see strong growth in the next few years. It will grow to $579.72 billion in 2028 at a compound annual growth rate (CAGR) of 8.9%. The growth in the forecast period can be attributed to growing renewable energy capacity, focus on decentralized energy systems, energy transition and electrification, integration with variable renewable sources, hybrid energy storage systems. Major trends in the forecast period include advancements in storage technologies, increased deployment of pumped hydro storage, energy transition and grid balancing, advancements in pumped storage technologies, global expansion of pumped storage projects, market trends in retrofits and upgrades.

Surging Electricity Demand Propels Growth In Pumped Hydro Storage Market

The rising electricity demand is expected to boost the growth of the pumped hydro storage market going forward. Electricity refers to the transmission of electrical power or charge. Due to rising prosperity and increased commercial activity, electricity demand is growing annually. Electricity is produced by allowing water to flow through a turbine generator in a pumped hydro storage facility. Hence, the rising electricity demand is expected to boost the pumped hydro storage market. For instance, in February 2022, according to the report published by the International Energy Agency (IEA), a France-based inter-governmental organization that collects and distributes authoritative energy data, the global economic recovery is expected to drive an increase in worldwide electricity demand of close to 5% in 2021 and 4% in 2022. Furthermore, in April 2023, according to Energy Information Administration, a US-based government agency responsible for energy, the total US electricity consumption increased by 2.6% to reach 4.05 trillion kWh in 2022. Therefore, rising electricity demand is driving the growth of the pumped hydro storage market.

Rising Renewable Energy Demand Fuels Growth In Pumped Hydro Storage Market

The growing demand for renewable energy is expected to boost the growth of the pumped hydro storage market going forward. Renewable energy refers to energy that is generated from natural resources that are replenished over time, such as sunlight, wind, rain, tides, and geothermal heat. Pumped hydro storage enhances renewable energy integration, addressing variability challenges and boosting grid reliability for sustainable growth. For instance, in December 2023, according to gov.uk, a UK-based government agency, renewable energy production in the UK has been on the rise, constituting 44.5% of the electricity generation in the third quarter of 2023. Therefore, growing demand for renewable energy is driving the growth of the pumped hydro storage market.

Major companies operating in the pumped hydro storage market report are The EDF Group, Enel Group, Electricite de France SA (EDF), Hitachi Energy Ltd., General Electric Co, Iberdrola SA, Mitsubishi Heavy Industries Ltd., Siemens Energy AG, ABB Ltd., Duke Energy Corporation, Chubu Electric Power Company Inc., Statkraft AS, Eskom, Genex Power Limited, Alstom Pvt Ltd., Andritz Group, Dongfang Electric, Voith GmbH & Co KGaA, China Three Gorges Corporation, Snowy Hydro Limited, Northland Power, Ansaldo Energia SpA, Greenko Group, EON SE, Toshiba Energy System & Solutions Corporation, San Diego County Water Authority, RusHydro, FirstLight Power, Schluchseewerk, Gridflex Energy, National Grid PLC, NextEra Energy Inc.

Innovative Technologies Drive Momentum In The Pumped Hydro Storage Market

Technological advancement is the key trend gaining popularity in the pumped hydro storage market. Major companies operating in the pumped hydro storage market are focusing on developing new technologies to sustain their position in the market. For instance, in February 2023, Hitachi Energy Ltd., a US-based power technology company, launched SFC, the static frequency converter solution using modular multi-level technology for a pumped hydro storage plant in Europe. This technology's unique feature is its capacity to reduce power losses, boost revenue, and enable grid integration of additional solar and wind power for a more sustainable energy future. Through improved plant efficiency and grid stabilization, this technology and application are transforming the world's energy system into one that is more secure, adaptable, and sustainable.

Strategic Collaborations Propel Pumped Hydro Storage Market Leadership

Major companies operating in the pumped hydro storage market are undergoing into strategic collaborations to sustain their position in the market. Strategic collaborations are crucial for advancing pumped hydro storage, expanding market reach, mitigating risks, and ensuring successful development and integration into the broader energy landscape. For instance, in August 2023, Adani Group, an India-based multinational conglomerate, and Greenko Group, an India-based Renewables Company, have joined forces for a pioneering partnership in India's energy sector. This collaboration underscores their commitment to large-scale renewable energy integration. Greenko will provide up to 1GW of firm and dispatchable renewable energy, including round-the-clock power, to Adani's proposed industrial complex. The unique venture aims to establish a green industrial complex, with Greenko offering 6 GWh of long-duration hydro storage capacity from its 'Off-Stream Closed-Loop Pumped Storage Project' in Madhya Pradesh and Rajasthan.

Transalta Strengthens Grid Reliability With Acquisition Of 4.8Gwh Pumped Hydro Energy Storage Project Stake

In February 2023, TransAlta Corporation, a Canada-based electricity power generator, acquired a 50% stake in Montem Resources Limited's 4.8GWh pumped hydro energy storage development project for an undisclosed amount. This acquisition is expected to support the reliability of the Alberta grid with a larger capacity and duration and complement TransAlta with a share of Tent Mountain's land rights, fixed assets, and intellectual property. Montem Resources Limited is an Australia-based developer of renewable energy, including pumped hydro storage related projects.

Asia-Pacific was the largest region in the pumped hydro storage market in 2023. Europe is expected to be the fastest-growing region in the forecast period. The regions covered in the pumped hydro storage market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the pumped hydro storage market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The pumped hydro storage market includes revenues earned by entities by constructing dam and reservoir based pumped hydro storage plant. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

The pumped hydro storage market research report is one of a series of new reports from The Business Research Company that provides pumped hydro storage market statistics, including pumped hydro storage industry global market size, regional shares, competitors with a pumped hydro storage market share, detailed pumped hydro storage market segments, market trends and opportunities, and any further data you may need to thrive in the pumped hydro storage industry. This pumped hydro storage market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Pumped Hydro Storage Market Report Scope

Report Attribute	Details
Market Size Value In 2024	$412.08 billion
Revenue Forecast In 2033	$579.72 billion
Growth Rate	CAGR of 8.9% from 2024 to 2033
Base Year For Estimation	2023
Actual Estimates/Historical Data	2018-2023
Forecast Period	2024 - 2028 - 2033
Market Representation	Revenue in USD Billion and CAGR from 2024 to 2033
Segments Covered	1) By Type: Open-Loop, Closed-Loop 2) By Source: Natural Reservoirs, Man-Made Reservoirs 3) By End User: Government Agency, Grid Operators, Electricity Utilities, Other End Users
Regional Scope	Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Country Scope	Australia; China; India; Indonesia; Japan; South Korea; Bangladesh; Thailand; Vietnam; Malaysia; Singapore; Philippines; Hong Kong; New Zealand; USA; Canada; Mexico; Brazil; Chile; Argentina; Colombia; Peru; France; Germany; UK; Austria; Belgium; Denmark; Finland; Ireland; Italy; Netherlands; Norway; Portugal; Spain; Sweden; Switzerland; Russia; Czech Republic; Poland; Romania; Ukraine; Saudi Arabia; Israel; Iran; Turkey; UAE; Egypt; Nigeria; South Africa
Key Companies Profiled	The EDF Group; Enel Group; Electricite de France SA (EDF); Hitachi Energy Ltd.; General Electric Co; Iberdrola SA; Mitsubishi Heavy Industries Ltd.; Siemens Energy AG; ABB Ltd.; Duke Energy Corporation; Chubu Electric Power Company Inc.; Statkraft AS; Eskom; Genex Power Limited; Alstom Pvt Ltd.; Andritz Group; Dongfang Electric; Voith GmbH & Co KGaA; China Three Gorges Corporation; Snowy Hydro Limited; Northland Power; Ansaldo Energia SpA; Greenko Group; EON SE; Toshiba Energy System & Solutions Corporation; San Diego County Water Authority; RusHydro; FirstLight Power; Schluchseewerk; Gridflex Energy; National Grid plc; NextEra Energy Inc.
Customization Scope	Request for Sample
Pricing And Purchase Options	Explore Purchase Options

Table Of Contents

1. Executive Summary

2. Pumped Hydro Storage Market Characteristics

3. Pumped Hydro Storage Market Trends And Strategies

4. Pumped Hydro Storage Market - Macro Economic Scenario

4.1. Impact Of High Inflation On The Market

4.2. Ukraine-Russia War Impact On The Market

4.3. COVID-19 Impact On The Market

5. Global Pumped Hydro Storage Market Size and Growth

5.1. Global Pumped Hydro Storage Market Drivers and Restraints

5.1.1. Drivers Of The Market

5.1.2. Restraints Of The Market

5.2. Global Pumped Hydro Storage Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)

5.3. Global Pumped Hydro Storage Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

6. Pumped Hydro Storage Market Segmentation

6.1. Global Pumped Hydro Storage Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Open-Loop

Closed-Loop

6.2. Global Pumped Hydro Storage Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Natural Reservoirs

Man-Made Reservoirs

6.3. Global Pumped Hydro Storage Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Government Agency

Grid Operators

Electricity Utilities

Other End Users

7. Pumped Hydro Storage Market Regional And Country Analysis

7.1. Global Pumped Hydro Storage Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

7.2. Global Pumped Hydro Storage Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8. Asia-Pacific Pumped Hydro Storage Market

8.1. Asia-Pacific Pumped Hydro Storage Market Overview

Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

8.2. Asia-Pacific Pumped Hydro Storage Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8.3. Asia-Pacific Pumped Hydro Storage Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8.4. Asia-Pacific Pumped Hydro Storage Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

9. China Pumped Hydro Storage Market

9.1. China Pumped Hydro Storage Market Overview

9.2. China Pumped Hydro Storage Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

9.3. China Pumped Hydro Storage Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

9.4. China Pumped Hydro Storage Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

10. India Pumped Hydro Storage Market

10.1. India Pumped Hydro Storage Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

10.2. India Pumped Hydro Storage Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

10.3. India Pumped Hydro Storage Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11. Japan Pumped Hydro Storage Market

11.1. Japan Pumped Hydro Storage Market Overview

11.2. Japan Pumped Hydro Storage Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11.3. Japan Pumped Hydro Storage Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11.4. Japan Pumped Hydro Storage Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12. Australia Pumped Hydro Storage Market

12.1. Australia Pumped Hydro Storage Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12.2. Australia Pumped Hydro Storage Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12.3. Australia Pumped Hydro Storage Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13. Indonesia Pumped Hydro Storage Market

13.1. Indonesia Pumped Hydro Storage Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13.2. Indonesia Pumped Hydro Storage Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13.3. Indonesia Pumped Hydro Storage Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14. South Korea Pumped Hydro Storage Market

14.1. South Korea Pumped Hydro Storage Market Overview

14.2. South Korea Pumped Hydro Storage Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14.3. South Korea Pumped Hydro Storage Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14.4. South Korea Pumped Hydro Storage Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15. Western Europe Pumped Hydro Storage Market

15.1. Western Europe Pumped Hydro Storage Market Overview

15.2. Western Europe Pumped Hydro Storage Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15.3. Western Europe Pumped Hydro Storage Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15.4. Western Europe Pumped Hydro Storage Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16. UK Pumped Hydro Storage Market

16.1. UK Pumped Hydro Storage Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16.2. UK Pumped Hydro Storage Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16.3. UK Pumped Hydro Storage Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17. Germany Pumped Hydro Storage Market

17.1. Germany Pumped Hydro Storage Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17.2. Germany Pumped Hydro Storage Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17.3. Germany Pumped Hydro Storage Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18. France Pumped Hydro Storage Market

18.1. France Pumped Hydro Storage Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18.2. France Pumped Hydro Storage Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18.3. France Pumped Hydro Storage Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19. Italy Pumped Hydro Storage Market

19.1. Italy Pumped Hydro Storage Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19.2. Italy Pumped Hydro Storage Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19.3. Italy Pumped Hydro Storage Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20. Spain Pumped Hydro Storage Market

20.1. Spain Pumped Hydro Storage Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20.2. Spain Pumped Hydro Storage Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20.3. Spain Pumped Hydro Storage Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21. Eastern Europe Pumped Hydro Storage Market

21.1. Eastern Europe Pumped Hydro Storage Market Overview

21.2. Eastern Europe Pumped Hydro Storage Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21.3. Eastern Europe Pumped Hydro Storage Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21.4. Eastern Europe Pumped Hydro Storage Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22. Russia Pumped Hydro Storage Market

22.1. Russia Pumped Hydro Storage Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22.2. Russia Pumped Hydro Storage Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22.3. Russia Pumped Hydro Storage Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23. North America Pumped Hydro Storage Market

23.1. North America Pumped Hydro Storage Market Overview

23.2. North America Pumped Hydro Storage Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23.3. North America Pumped Hydro Storage Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23.4. North America Pumped Hydro Storage Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24. USA Pumped Hydro Storage Market

24.1. USA Pumped Hydro Storage Market Overview

24.2. USA Pumped Hydro Storage Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24.3. USA Pumped Hydro Storage Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24.4. USA Pumped Hydro Storage Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25. Canada Pumped Hydro Storage Market

25.1. Canada Pumped Hydro Storage Market Overview

25.2. Canada Pumped Hydro Storage Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25.3. Canada Pumped Hydro Storage Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25.4. Canada Pumped Hydro Storage Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26. South America Pumped Hydro Storage Market

26.1. South America Pumped Hydro Storage Market Overview

26.2. South America Pumped Hydro Storage Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26.3. South America Pumped Hydro Storage Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26.4. South America Pumped Hydro Storage Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27. Brazil Pumped Hydro Storage Market

27.1. Brazil Pumped Hydro Storage Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27.2. Brazil Pumped Hydro Storage Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27.3. Brazil Pumped Hydro Storage Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28. Middle East Pumped Hydro Storage Market

28.1. Middle East Pumped Hydro Storage Market Overview

28.2. Middle East Pumped Hydro Storage Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28.3. Middle East Pumped Hydro Storage Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28.4. Middle East Pumped Hydro Storage Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29. Africa Pumped Hydro Storage Market

29.1. Africa Pumped Hydro Storage Market Overview

29.2. Africa Pumped Hydro Storage Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29.3. Africa Pumped Hydro Storage Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29.4. Africa Pumped Hydro Storage Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

30. Pumped Hydro Storage Market Competitive Landscape And Company Profiles

30.1. Pumped Hydro Storage Market Competitive Landscape

30.2. Pumped Hydro Storage Market Company Profiles

30.2.1. The EDF Group

30.2.1.1. Overview

30.2.1.2. Products and Services

30.2.1.3. Strategy

30.2.1.4. Financial Performance

30.2.2. Enel Group

30.2.2.1. Overview

30.2.2.2. Products and Services

30.2.2.3. Strategy

30.2.2.4. Financial Performance

30.2.3. Electricite de France SA (EDF)

30.2.3.1. Overview

30.2.3.2. Products and Services

30.2.3.3. Strategy

30.2.3.4. Financial Performance

30.2.4. Hitachi Energy Ltd.

30.2.4.1. Overview

30.2.4.2. Products and Services

30.2.4.3. Strategy

30.2.4.4. Financial Performance

30.2.5. General Electric Co

30.2.5.1. Overview

30.2.5.2. Products and Services

30.2.5.3. Strategy

30.2.5.4. Financial Performance

31. Pumped Hydro Storage Market Other Major And Innovative Companies

31.1. Iberdrola SA

31.2. Mitsubishi Heavy Industries Ltd.

31.3. Siemens Energy AG

31.4. ABB Ltd.

31.5. Duke Energy Corporation

31.6. Chubu Electric Power Company Inc.

31.7. Statkraft AS

31.8. Eskom

31.9. Genex Power Limited

31.10. Alstom Pvt Ltd.

31.11. Andritz Group

31.12. Dongfang Electric

31.13. Voith GmbH & Co KGaA

31.14. China Three Gorges Corporation

31.15. Snowy Hydro Limited

32. Global Pumped Hydro Storage Market Competitive Benchmarking

33. Global Pumped Hydro Storage Market Competitive Dashboard

34. Key Mergers And Acquisitions In The Pumped Hydro Storage Market

35. Pumped Hydro Storage Market Future Outlook and Potential Analysis

35.1 Pumped Hydro Storage Market In 2028 - Countries Offering Most New Opportunities

35.2 Pumped Hydro Storage Market In 2028 - Segments Offering Most New Opportunities

35.3 Pumped Hydro Storage Market In 2028 - Growth Strategies

35.3.1 Market Trend Based Strategies

35.3.2 Competitor Strategies

36. Appendix

36.1. Abbreviations

36.2. Currencies

36.3. Historic And Forecast Inflation Rates

36.4. Research Inquiries

36.5. The Business Research Company

36.6. Copyright And Disclaimer

List Of Tables

Table 1: Global Historic Market Growth, 2018-2023, $ Billion

Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion

Table 3: Global Pumped Hydro Storage Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 4: Global Pumped Hydro Storage Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 5: Global Pumped Hydro Storage Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 6: Global Pumped Hydro Storage Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 7: Global Pumped Hydro Storage Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 8: Asia-Pacific, Pumped Hydro Storage Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 9: Asia-Pacific, Pumped Hydro Storage Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 10: Asia-Pacific, Pumped Hydro Storage Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 11: China, Pumped Hydro Storage Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 12: China, Pumped Hydro Storage Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 13: China, Pumped Hydro Storage Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 14: India, Pumped Hydro Storage Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 15: India, Pumped Hydro Storage Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 16: India, Pumped Hydro Storage Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 17: Japan, Pumped Hydro Storage Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 18: Japan, Pumped Hydro Storage Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 19: Japan, Pumped Hydro Storage Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 20: Australia, Pumped Hydro Storage Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 21: Australia, Pumped Hydro Storage Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 22: Australia, Pumped Hydro Storage Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 23: Indonesia, Pumped Hydro Storage Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 24: Indonesia, Pumped Hydro Storage Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 25: Indonesia, Pumped Hydro Storage Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 26: South Korea, Pumped Hydro Storage Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 27: South Korea, Pumped Hydro Storage Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 28: South Korea, Pumped Hydro Storage Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 29: Western Europe, Pumped Hydro Storage Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 30: Western Europe, Pumped Hydro Storage Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 31: Western Europe, Pumped Hydro Storage Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 32: UK, Pumped Hydro Storage Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 33: UK, Pumped Hydro Storage Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 34: UK, Pumped Hydro Storage Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 35: Germany, Pumped Hydro Storage Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 36: Germany, Pumped Hydro Storage Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 37: Germany, Pumped Hydro Storage Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 38: France, Pumped Hydro Storage Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 39: France, Pumped Hydro Storage Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 40: France, Pumped Hydro Storage Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 41: Italy, Pumped Hydro Storage Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 42: Italy, Pumped Hydro Storage Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 43: Italy, Pumped Hydro Storage Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 44: Spain, Pumped Hydro Storage Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 45: Spain, Pumped Hydro Storage Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 46: Spain, Pumped Hydro Storage Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 47: Eastern Europe, Pumped Hydro Storage Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 48: Eastern Europe, Pumped Hydro Storage Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 49: Eastern Europe, Pumped Hydro Storage Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 50: Russia, Pumped Hydro Storage Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 51: Russia, Pumped Hydro Storage Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 52: Russia, Pumped Hydro Storage Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 53: North America, Pumped Hydro Storage Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 54: North America, Pumped Hydro Storage Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 55: North America, Pumped Hydro Storage Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 56: USA, Pumped Hydro Storage Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 57: USA, Pumped Hydro Storage Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 58: USA, Pumped Hydro Storage Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 59: Canada, Pumped Hydro Storage Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 60: Canada, Pumped Hydro Storage Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 61: Canada, Pumped Hydro Storage Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 62: South America, Pumped Hydro Storage Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 63: South America, Pumped Hydro Storage Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 64: South America, Pumped Hydro Storage Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 65: Brazil, Pumped Hydro Storage Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 66: Brazil, Pumped Hydro Storage Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 67: Brazil, Pumped Hydro Storage Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 68: Middle East, Pumped Hydro Storage Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 69: Middle East, Pumped Hydro Storage Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 70: Middle East, Pumped Hydro Storage Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 71: Africa, Pumped Hydro Storage Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 72: Africa, Pumped Hydro Storage Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 73: Africa, Pumped Hydro Storage Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 74: The EDF Group Financial Performance

Table 75: Enel Group Financial Performance

Table 76: Electricite de France SA (EDF) Financial Performance

Table 77: Hitachi Energy Ltd. Financial Performance

Table 78: General Electric Co Financial Performance

List Of Figures

Figure 1: Global Historic Market Growth, 2018-2023, $ Billion

Figure 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion

Figure 3: Global Pumped Hydro Storage Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 4: Global Pumped Hydro Storage Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 5: Global Pumped Hydro Storage Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 6: Global Pumped Hydro Storage Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 7: Global Pumped Hydro Storage Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 8: Asia-Pacific, Pumped Hydro Storage Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 9: Asia-Pacific, Pumped Hydro Storage Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 10: Asia-Pacific, Pumped Hydro Storage Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 11: China, Pumped Hydro Storage Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 12: China, Pumped Hydro Storage Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 13: China, Pumped Hydro Storage Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 14: India, Pumped Hydro Storage Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 15: India, Pumped Hydro Storage Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 16: India, Pumped Hydro Storage Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 17: Japan, Pumped Hydro Storage Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 18: Japan, Pumped Hydro Storage Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 19: Japan, Pumped Hydro Storage Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 20: Australia, Pumped Hydro Storage Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 21: Australia, Pumped Hydro Storage Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 22: Australia, Pumped Hydro Storage Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 23: Indonesia, Pumped Hydro Storage Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 24: Indonesia, Pumped Hydro Storage Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 25: Indonesia, Pumped Hydro Storage Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 26: South Korea, Pumped Hydro Storage Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 27: South Korea, Pumped Hydro Storage Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 28: South Korea, Pumped Hydro Storage Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 29: Western Europe, Pumped Hydro Storage Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 30: Western Europe, Pumped Hydro Storage Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 31: Western Europe, Pumped Hydro Storage Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 32: UK, Pumped Hydro Storage Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 33: UK, Pumped Hydro Storage Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 34: UK, Pumped Hydro Storage Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 35: Germany, Pumped Hydro Storage Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 36: Germany, Pumped Hydro Storage Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 37: Germany, Pumped Hydro Storage Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 38: France, Pumped Hydro Storage Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 39: France, Pumped Hydro Storage Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 40: France, Pumped Hydro Storage Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 41: Italy, Pumped Hydro Storage Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 42: Italy, Pumped Hydro Storage Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 43: Italy, Pumped Hydro Storage Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 44: Spain, Pumped Hydro Storage Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 45: Spain, Pumped Hydro Storage Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 46: Spain, Pumped Hydro Storage Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 47: Eastern Europe, Pumped Hydro Storage Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 48: Eastern Europe, Pumped Hydro Storage Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 49: Eastern Europe, Pumped Hydro Storage Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 50: Russia, Pumped Hydro Storage Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 51: Russia, Pumped Hydro Storage Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 52: Russia, Pumped Hydro Storage Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 53: North America, Pumped Hydro Storage Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 54: North America, Pumped Hydro Storage Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 55: North America, Pumped Hydro Storage Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 56: USA, Pumped Hydro Storage Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 57: USA, Pumped Hydro Storage Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 58: USA, Pumped Hydro Storage Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 59: Canada, Pumped Hydro Storage Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 60: Canada, Pumped Hydro Storage Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 61: Canada, Pumped Hydro Storage Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 62: South America, Pumped Hydro Storage Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 63: South America, Pumped Hydro Storage Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 64: South America, Pumped Hydro Storage Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 65: Brazil, Pumped Hydro Storage Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 66: Brazil, Pumped Hydro Storage Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 67: Brazil, Pumped Hydro Storage Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 68: Middle East, Pumped Hydro Storage Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 69: Middle East, Pumped Hydro Storage Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 70: Middle East, Pumped Hydro Storage Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 71: Africa, Pumped Hydro Storage Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 72: Africa, Pumped Hydro Storage Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 73: Africa, Pumped Hydro Storage Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 74: The EDF Group Financial Performance

Figure 75: Enel Group Financial Performance

Figure 76: Electricite de France SA (EDF) Financial Performance

Figure 77: Hitachi Energy Ltd. Financial Performance

Figure 78: General Electric Co Financial Performance

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Frequently Asked Questions

What is the definition of the pumped hydro storage market?

How will the pumped hydro storage market drivers and restraints affect the pumped hydro storage market dynamics? What forces will shape the pumped hydro storage industry going forward?

The pumped hydro storage market major growth driver - surging electricity demand propels growth in pumped hydro storage market. For further insights on the pumped hydro storage market, request a sample here

What is the forecast market size or the forecast market value of the pumped hydro storage market ?

The pumped hydro storage market size has grown strongly in recent years. It will grow from $378.79 billion in 2023 to $412.08 billion in 2024 at a compound annual growth rate (CAGR) of 8.8%. The growth in the historic period can be attributed to need for energy storage solutions, grid stability and reliability, renewable energy integration, electricity market dynamics, hydropower expansion. The pumped hydro storage market size is expected to see strong growth in the next few years. It will grow to $579.72 billion in 2028 at a compound annual growth rate (CAGR) of 8.9%. The growth in the forecast period can be attributed to growing renewable energy capacity, focus on decentralized energy systems, energy transition and electrification, integration with variable renewable sources, hybrid energy storage systems. Major trends in the forecast period include advancements in storage technologies, increased deployment of pumped hydro storage, energy transition and grid balancing, advancements in pumped storage technologies, global expansion of pumped storage projects, market trends in retrofits and upgrades. For further insights on the pumped hydro storage market, request a sample here

How is the pumped hydro storage market segmented?

The pumped hydro storage market is segmented
1) By Type: Open-Loop, Closed-Loop
2) By Source: Natural Reservoirs, Man-Made Reservoirs
3) By End User: Government Agency, Grid Operators, Electricity Utilities, Other End UsersFor further insights on the pumped hydro storage market, request a sample here

Which region has the largest share of the pumped hydro storage market? What are the other regions covered in the report?

Asia-Pacific was the largest region in the pumped hydro storage market in 2023. Europe is expected to be the fastest-growing region in the forecast period. The regions covered in the pumped hydro storage market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. For further insights on the pumped hydro storage market, request a sample here.

Who are the major players in the pumped hydro storage market?

What are the key trends in the pumped hydro storage market?

Major trend in the pumped hydro storage market - strategic collaborations propel pumped hydro storage market leadership. For further insights on the pumped hydro storage market, request a sample here.

What are the major opportunities in the pumped hydro storage market? What are the strategies for the pumped hydro storage market?

For detailed insights on the major opportunities and strategies in the pumped hydro storage market, request a sample here.

How does the pumped hydro storage market relate to the overall economy and other similar markets?

For detailed insights on pumped hydro storage market's relation to the overall economy and other similar markets, request a sample here.

What are the latest mergers and acquisitions in the pumped hydro storage industry?

For detailed insights on the mergers and acquisitions in the pumped hydro storage industry, request a sample here.

What are the key dynamics influencing the pumped hydro storage market growth? SWOT analysis of the pumped hydro storage market.

For detailed insights on the key dynamics influencing the pumped hydro storage market growth and SWOT analysis of the pumped hydro storage industry, request a sample here.