Small Hydropower Market - Top Companies and Manufacturers

In the year 2024, the industry size of small hydropower is estimated at USD 5.32 Billion.

The small hydropower market size was over USD 5.16 Billion in 2023 and is set to cross USD 7.67 Billion by 2036, growing at more than 3.1% CAGR during the forecast period i.e., between 2024-2036. 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.

Asia Pacific industry is poised to account for the largest share of 34% by 2036, impelled by increasing demand for sustainable energy production sources to reduce the dependency on other countries for fossil fuels due to their rising prices is augmenting the investment in small hydropower projects in the region.

Andritz AG, LITOSTROJ POWER d.o.o., Toshiba Energy Systems & Solutions Corporation, GE Group, Siemens AG, BHEL (Bharat Heavy Electricals Limited), Kirloskar Brothers Limited, Harbin Electric Machinery Company Limited, Canyon Hydro, Cornell Pump Company