How big is the Hydropower Market?

The Hydropower Market size is expected to reach 1.40 terawatt in 2024 and grow at a CAGR of 1.02% to reach 1.47 terawatt by 2029. Read More

What is the current Hydropower Market size?

In 2024, the Hydropower Market size is expected to reach 1.40 terawatt. Read More

Who are the key players in Hydropower Market?

GE Renewable Energy, Siemens Energy AG, Andritz AG, Voith GmbH & Co. KGaA and PJSC RusHydro are the major companies operating in the Hydropower Market. Read More

Which is the fastest growing region in Hydropower Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Hydropower Market?

In 2024, the Asia Pacific accounts for the largest market share in Hydropower Market. Read More

What years does this Hydropower Market cover, and what was the market size in 2023?

In 2023, the Hydropower Market size was estimated at 1.39 terawatt. The report covers the Hydropower Market historical market size for years: 2020, 2021, 2022 and 2023. The report also forecasts the Hydropower Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Hydropower Market Share

Market Share of Hydropower Industry

The hydropower market is semi-consolidated. Some of the major players include (not in particular order) GE Renewable Energy, Siemens Energy AG, Andritz AG, Voith GmbH & Co. KGaA, and PJSC RusHydro, among others.

In March 2022, ANDRITZ and the Electricity Generating Authority of Thailand (EGAT) signed a Memorandum of Understanding (MoU) to jointly explore and expand business opportunities for hydropower projects in Thailand and surrounding Southeast Asian countries.

Hydropower Market Leaders

GE Renewable Energy
Siemens Energy AG
Andritz AG
Voith GmbH & Co. KGaA
PJSC RusHydro

*Disclaimer: Major Players sorted in no particular order