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Small Hydropower Market Share
Andritz Hydro has emerged as a prominent player in the small hydropower industry. A larger market share often enables companies to access economies of scale, invest in technology, and develop a stronger brand presence. It also allows for better relationships with suppliers, partners, and customers, ensuring long-term growth. Moreover, companies with significant market share can help shape industry standards, navigate regulations, and lead in innovation.
Small Hydropower Market Companies
Some of the major key players operating across the small hydropower industry are:
- 24H - Hydro Power
- Agder Energy
- Andritz Hydro
- Derwent Hydroelectric Power
- Fortum
- General Electric
- Lanco Group
- RusHydro
- Siemens
- Statkraft
- Voith
How big is the small hydropower market?
The global market for small hydropower was reached 350.6 GW in 2024 and is projected to grow at a 2.1% CAGR from 2025 to 2034, driven by increasing demand for renewable energy and environmental sustainability goals.
What is the projected size of the U.S. small hydropower market?
The U.S. small hydropower market is expected to exceed 46.2 GW by 2034, supported by federal policies aimed at reducing greenhouse gas emissions and increasing the share of renewables in the energy mix.
Who are the major players in the small hydropower market?
The market features prominent players such as 24H - Hydro Power, Agder Energy, Andritz Hydro, Derwent Hydroelectric Power, Fortum, General Electric, Lanco Group, RusHydro, Siemens, Statkraft, and Voith.