Product Code: CMI7689
Global Small Hydropower Market is estimated to be valued at US$ 2.86 Bn in 2025 and is expected to reach US$ 3.59 Bn by 2032, growing at a compound annual growth rate (CAGR) of 3.3% from 2025 to 2032.
Report Coverage |
Report Details |
Base Year: |
2024 |
Market Size in 2025: |
US$ 2.86 Bn |
Historical Data for: |
2020 To 2024 |
Forecast Period: |
2025 To 2032 |
Forecast Period 2025 to 2032 CAGR: |
3.30% |
2032 Value Projection: |
US$ 3.59 Bn |
Figure. Small Hydropower Market Share (%), By Region 2025

Small hydropower, also known as mini hydropower, involves the generation of electricity through running water, i.e., flowing rivers, streams, and waterfalls. It yields clean and renewable energy without producing greenhouse gas emissions. Various countries are focusing on developing distributed renewable energy resources to achieve the twin goals of energy security and curbing environmental pollution. Small hydropower is cost-effective compared to large-scale hydroelectric projects and provides opportunities for rural electrification as plants can be located close to places of consumption. Government incentives and policies supporting renewable power along with growing concerns about climate change are fueling investments in small hydropower projects around the world. However, high upfront capital costs remain a key challenge for widespread adoption.
Market Dynamics
The global small hydropower market is driven by various factors such as supportive government policies and incentives aimed at facilitating adoption of clean energy technologies, growing emphasis on decentralized power generation to meet rising energy demand, and need to reduce dependence on conventional sources. However, high initial investments and lack of adequate financing mechanisms in some regions poses a challenge to market growth. Meanwhile, ongoing research & development activities to lower installation costs through technology innovations as well as increased private sector participation present new opportunities. Governments are making efforts to address the financing bottlenecks which will further encourage small hydropower investments going ahead.
Key Features of the Study
This report provides in-depth analysis of the global small hydropower market, and provides market size (USD Bn) and compound annual growth rate (CAGR%) for the forecast period (2025-2032), considering 2024 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global small hydropower market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies
Key companies covered as a part of this study include Andritz Hydro, GE Renewable Energy, Voith Hydro, Siemens AG, Alstom, Statkraft, Hydro-Quebec, Sener Group, CNR (China National Renewable Energy), EDP Renewables, Tractebel, Bluegreen Energy, Hydro Tasmania, Energias de Portugal (EDP), and GEV (Green Energy Ventures)
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
The global small hydropower market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global small hydropower market
Market Segmentation
- By Component Insights (Revenue, USD Bn, 2020 - 2032)
- Civil Construction
- Power Infrastructure
- Electromechanical Equipment
- Others
- By Capacity Insights (Revenue, USD Bn, 2020 - 2032)
- By Type Insights (Revenue, USD Bn, 2020 - 2032)
- Micro Hydropower
- Mini Hydropower
- Regional Insights (Revenue, USD Bn, 2020 - 2032)
- North America
- U.S.
- Canada
- Latin America
- Brazil
- Argentina
- Mexico
- Rest of Latin America
- Europe
- Germany
- U.K.
- Spain
- France
- Italy
- Russia
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of Asia Pacific
- Middle East
- GCC Countries
- Israel
- Rest of Middle East
- Africa
- South Africa
- North Africa
- Central Africa
- Key Players Insights
- Andritz Hydro
- GE Renewable Energy
- Voith Hydro
- Siemens AG
- Alstom
- Statkraft
- Hydro-Quebec
- Sener Group
- CNR (China National Renewable Energy)
- EDP Renewables
- Tractebel
- Bluegreen Energy
- Hydro Tasmania
- Energias de Portugal (EDP)
- GEV (Green Energy Ventures)
Table of Contents
1. Research Objectives And Assumptions
- Research Objectives
- Assumptions
- Abbreviations
2. Market Purview
- Report Description
- Market Definition and Scope
- Executive Summary
- Global Small Hydropower Market, By Component
- Global Small Hydropower Market, By Capacity
- Global Small Hydropower Market, By Type
- Global Small Hydropower Market, By Region
3. Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Impact Analysis
- Key Highlights
- Regulatory Scenario
- Product Launches/Approvals
- PEST Analysis
- PORTER's Analysis
- Market Opportunities
- Regulatory Scenario
- Key Developments
- Industry Trend
4. Global Small Hydropower Market, By Component, 2020-2032, (USD Bn)
- Introduction
- Market Share Analysis, 2025 and 2032 (%)
- Y-o-Y Growth Analysis, 2021 - 2032
- Segment Trends
- Civil Construction
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD)
- Power Infrastructure
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD)
- Electromechanical Equipment
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD)
- Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD)
5. Global Small Hydropower Market, By Capacity, 2020-2032, (USD Bn)
- Introduction
- Market Share Analysis, 2025 and 2032 (%)
- Y-o-Y Growth Analysis, 2021 - 2032
- Segment Trends
- Up to 1 MW
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD)
- 1-10 MW
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD)
6. Global Small Hydropower Market, By Type, 2020-2032, (USD Bn)
- Introduction
- Market Share Analysis, 2025 and 2032 (%)
- Y-o-Y Growth Analysis, 2021 - 2032
- Segment Trends
- Micro Hydropower
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD)
- Mini Hydropower
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD)
7. Global Small Hydropower Market, By Region, 2020 - 2032, Value (USD)
- Introduction
- Market Share (%) Analysis, 2025, 2028 & 2032, Value (USD)
- Market Y-o-Y Growth Analysis (%), 2021 - 2032, Value (USD)
- Regional Trends
- North America
- Introduction
- Market Size and Forecast, By Component, 2020 - 2032, Value (USD)
- Market Size and Forecast, By Capacity, 2020 - 2032, Value (USD)
- Market Size and Forecast, By Type, 2020 - 2032, Value (USD)
- Market Size and Forecast, By Country, 2020 - 2032, Value (USD)
- Latin America
- Introduction
- Market Size and Forecast, By Component, 2020 - 2032, Value (USD)
- Market Size and Forecast, By Capacity, 2020 - 2032, Value (USD)
- Market Size and Forecast, By Type, 2020 - 2032, Value (USD)
- Market Size and Forecast, By Country, 2020 - 2032, Value (USD)
- Brazil
- Argentina
- Mexico
- Rest of Latin America
- Europe
- Introduction
- Market Size and Forecast, By Component, 2020 - 2032, Value (USD)
- Market Size and Forecast, By Capacity, 2020 - 2032, Value (USD)
- Market Size and Forecast, By Type, 2020 - 2032, Value (USD)
- Market Size and Forecast, By Country, 2020 - 2032, Value (USD)
- Germany
- U.K.
- Spain
- France
- Italy
- Russia
- Rest of Europe
- Asia Pacific
- Introduction
- Market Size and Forecast, By Component, 2020 - 2032, Value (USD)
- Market Size and Forecast, By Capacity, 2020 - 2032, Value (USD)
- Market Size and Forecast, By Type, 2020 - 2032, Value (USD)
- Market Size and Forecast, By Country, 2020 - 2032, Value (USD)
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of Asia Pacific
- Middle East
- Introduction
- Market Size and Forecast, By Component, 2020 - 2032, Value (USD)
- Market Size and Forecast, By Capacity, 2020 - 2032, Value (USD)
- Market Size and Forecast, By Type, 2020 - 2032, Value (USD)
- Market Size and Forecast, By Country, 2020 - 2032, Value (USD)
- GCC Countries
- Israel
- Rest of Middle East
- Africa
- Introduction
- Market Size and Forecast, By Component, 2020 - 2032, Value (USD)
- Market Size and Forecast, By Capacity, 2020 - 2032, Value (USD)
- Market Size and Forecast, By Type, 2020 - 2032, Value (USD)
- Market Size and Forecast, By Country/Region, 2020 - 2032, Value (USD)
- South Africa
- North Africa
- Central Africa
8. Competitive Landscape
- Andritz Hydro
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- GE Renewable Energy
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Voith Hydro
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Siemens AG
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Alstom
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Statkraft
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Hydro-Quebec
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Sener Group
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- CNR (China National Renewable Energy)
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- EDP Renewables
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Tractebel
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Bluegreen Energy
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Hydro Tasmania
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Energias de Portugal (EDP)
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- GEV (Green Energy Ventures)
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
9. Analyst Recommendations
- Wheel of Fortune
- Analyst View
- Coherent Opportunity Map
10. References and Research Methodology
- References
- Research Methodology
- About us