Small Hydropower Companies

  • Report ID: 3683
  • Published Date: Jan 07, 2025
  • Report Format: PDF, PPT

Companies Dominating the Small Hydropower Market

    The small hydropower market is relatively fragmented, with key companies aiming at technology development and M&A strategies. The market is highly concentrated, with Voith GmbH, ANDRITZ, and Siemens Energy being the key players in the small hydropower market that offer turbines or control systems. In April 2023, Shizen Energy partnered with GUGLER to set up a 2.2 MW Pelton turbine in the Kuroda Hydroelectric Power Plant in Japan, first introducing a megawatt-class turbine in its country. This is a significant achievement for the plant as it enhances Japan renewable power capacity to show the country’s dedication to investing in more green energy. The collaboration demonstrates the production competition in the small hydropower market and the pressure companies experience as they seek to use the latest technologies to meet society’s increasing energy needs.

    Here are some leading companies in the small hydropower market:

    • ANDRITZ
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    • AtkinsRéalis (SNC Lavalin Group)
    • Bharat Heavy Electricals Limited
    • FLOVEL Energy Private Limited
    • General Electric
    • Gilkes
    • Natel Energy
    • Siemens Energy
    • TOSHIBA CORPORATION
    • Voith GmbH & Co.  

Browse key industry insights with market data tables & charts from the report:

Frequently Asked Questions (FAQ)

In 2025, the industry size of small hydropower was USD 2.77 billion.

The global small hydropower market size was USD 2.69 billion in 2024 and is expected to reach USD 4.14 billion by the end of 2037, expanding at a CAGR of 3.4% during the forecast period, i.e., 2025-2037. In 2025, the industry size of small hydropower will be valued at USD 2.77 billion.

Key players in the market are ANDRITZ, AtkinsRéalis (SNC Lavalin Group), Bharat Heavy Electricals Limited, FLOVEL Energy Private Limited, General Electric, Gilkes, Natel Energy, Siemens Energy, TOSHIBA CORPORATION, Voith GmbH & Co.

The electromechanical equipment segment is anticipated to lead the small hydropower market during the forecast period.

Asia Pacific is anticipated to create lucrative prospects to the companies in the small hydropower market during the forecast period.
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