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Hydropower Market Share

Report ID: GMI1602
Published Date: Dec 2024
Report Format: PDF

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Hydropower Market Share

Hydropower Market Global Company Share Analysis, 2024

Andritz Hydro has established itself as a leading provider of hydropower solutions worldwide. The company fosters innovation by leveraging advanced technologies and analytical tools to enhance performance and operational efficiency. These initiatives play a key role in advancing the hydropower industry, driving its growth and technological progress.

Hydropower Market Companies

Some of the key market players operating across the hydropower industry are:

ABB
Agder Energy
Alfa Laval
Andritz Hydro
China Three Gorges
China Yangtze Power
Duke Energy
General Electric
Georgia Power
Hydro-Quebec
Metso
Ontario Power Generation
RusHydro
Statkraft
Voith

Authors: Ankit Gupta, Vinayak Shukla

Frequently Asked Questions (FAQ) :

The global hydropower industry was valued at 1.43 TW in 2024 and is projected to grow at a 1.8% CAGR from 2025 to 2034, driven by the shift towards renewable energy sources to meet sustainability targets.

The large hydropower capacity is expected to expand at a CAGR of over 0.8% by 2034, as nations aim to meet renewable energy goals and reduce carbon emissions.

The U.S. hydropower market is forecasted to surpass 106 GW by 2034, driven by increasing demand for renewable energy and government initiatives to reduce carbon emissions.

Key players in the hydropower industry include ABB, Agder Energy, Alfa Laval, Andritz Hydro, China Three Gorges, China Yangtze Power, Duke Energy, General Electric, Georgia Power, Hydro-Quebec, Metso, Ontario Power Generation, RusHydro, and Statkraft.