Global Hydropower Market Size & Outlook, 2025-2030
The global hydropower market size was estimated at USD 257,132.2 million in 2024 and is projected to reach USD 280,198.0 million by 2030, growing at a CAGR of 1.5% from 2025 to 2030.
Revenue, 2024 (US$M)
$257,132.2
Forecast, 2030 (US$M)
$280,198.0
CAGR, 2025 - 2030
1.5%
Report Coverage
Worldwide
Global hydropower market, 2018-2030 (US$M)
Global hydropower market highlights
- The global hydropower market generated a revenue of USD 255,302.9 million in 2023 and is expected to reach USD 280,198.0 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 1.3% by 2030.
- In terms of segment, civil construction accounted for a revenue of USD 255,302.9 million in 2023.
- Civil Construction is the most lucrative component segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2023.
Global data book summary
| Market revenue in 2023 | USD 255,302.9 million |
| Market revenue in 2030 | USD 280,198.0 million |
| Growth rate | 1.3% (CAGR from 2023 to 2030) |
| Largest segment | Civil construction |
| Fastest growing segment | Civil Construction |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Civil Construction |
Other key industry trends
- In terms of revenue, the North America accounted for 21.9% of the global hydropower market in 2023.
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Hydropower Market Scope
Hydropower market segmentation & scope
Capacity
Mini
Micro & Pico
Small
Large & Medium
Countries
U.S.
Canada
Mexico
UK
Spain
Russia
France
Netherlands
Germany
China
Japan
South Korea
India
Australia
Brazil
Argentina
Saudi Arabia
UAE
South Africa
Hydropower Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| China Three Gorges Corporation | View profile | 5001-10000 | Beijing, Beijing, China, Asia | https://www.ctg.com.cn |
| STAKRAFT | View profile | 1-10 | Meggen, Luzern, Switzerland, Europe | http://www.stakraft.ch |
| Tata Power | View profile | 1001-5000 | Mumbai, Maharashtra, India, Asia | https://www.tatapower.com/ |
| Voith | View profile | 10001+ | Heidenheim An Der Brenz, Baden-Wurttemberg, Germany, Europe | https://voith.com/corp-en/index.html |
| Andritz AG | View profile | 29717 | Stattegger Strasse 18, Graz, Austria, 8045 | https://www.andritz.com |
| Norsk Hydro ASA | View profile | 32724 | Drammensveien 264, Oslo, Norway, NO-0283 | https://www.hydro.com |
| Engie SA | View profile | 97000 | 1, Place Samuel de Champlain, Courbevoie, France, 92400 | https://www.engie.com |
| Alfa Laval AB | View profile | 21441 | Rudeboksvagen 1, P.O. Box 73, Lund, Sweden, SE-221 00 | https://www.alfalaval.com |
| Siemens AG | View profile | 321000 | Werner-von-Siemens-Strabe 1, Munich, BY, Germany, 80333 | https://www.siemens.com |
| ABB Ltd | View profile | 108700 | Affolternstrasse 44, Zurich, Switzerland, 8050 | https://www.abb.com |
Global hydropower market size, by regions, 2018-2030 (US$M)
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