Small Hydropower Market Size
Market Size in USD Bn
CAGR2.8%
| Study Period | 2024 - 2031 |
| Base Year of Estimation | 2023 |
| CAGR | 2.8% |
| Market Concentration | High |
| Major Players | Andritz AG, Bharat Heavy Electricals Limited, FLOVEL Energy Private Limited, GE Renewable Energy, Gilbert Gilkes & Gordon Ltd and Among Others |
*Disclaimer: Major players are listed in no particular order.
*Source: Coherent Market Insights
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Small Hydropower Market Analysis
The small hydropower market is estimated to be valued at USD 2.26 billion in 2024 and is expected to reach USD 2.75 billion by 2031, growing at a compound annual growth rate (CAGR) of 2.8% from 2024 to 2031. The small hydropower market is driven by the growing demand for renewable energy sources across the world.