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)
Up to 1 MW
1-10 MW
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)
U.S.
Canada
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)