Bharat Heavy Electricals Limited (BHEL) completed the Renovation & Modernization of the Baira Siul Hydro Power Station in Himachal Pradesh, India.
Toshiba Energy Systems & Solutions Corporation provided turbine and 30MW bulb hydroelectric generator units for the Hubei Xinji Hydropower Plant in China.
Author Credits: Payel Roy, Dhruv Bhatia
Report ID: 3683
Published Date: Apr 13, 2023
Report Format: PDF, PPT
Frequently Asked Questions (FAQ)
The increasing demand for clean energy and the rising dependency on hydroelectric power plants working for hydropower are the major factors driving the growth of the market.
The market size of small hydropower is anticipated to attain a CAGR of 3% over the forecast period, i.e., 2023-2035.
The major players in the market are Andritz AG, Litostroj Power d.o.o., Toshiba Energy Systems & Solutions Corporation, GE Group, Siemens AG, Kirloskar Brothers Limited, Harbin Electric Machinery Company Limited, Canyon Hydro, and Cornell Pump Company.
The commercial segment is anticipated to garner the largest market size by the end of 2035 and display significant growth opportunities.
The market in the Asia Pacific region is projected to hold the largest market share by the end of 2035 and provide more business opportunities in the future.