Report

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Hydropower Plant Construction 2025-2029

Hydropower Plant Construction Market Overview (2025–2029)

The global hydropower plant construction market is projected to increase by USD 27.49 billion between 2024 and 2029, registering a CAGR of 6.23%. This growth is driven by rising global electricity demand and a shift toward renewable energy. Hydropower remains a vital component of the energy mix due to its reliability, low emissions, and renewable nature.

Key Market Drivers

  • Increasing Electricity Demand: Rising consumption worldwide is prompting countries to invest in stable and renewable power sources.

  • Government Support and Policies: Renewable energy initiatives and regulatory backing encourage hydropower development.

  • Technological Advancements: Innovations in turbines, energy storage, and automation enhance efficiency and lower operational costs.

Market Trends

  • Emphasis on Small-Scale Hydropower Projects: These offer reduced environmental impact and are ideal for rural and developing regions.

  • Digital Integration: IoT, AI, and remote monitoring systems improve performance, enable predictive maintenance, and reduce costs.

  • Hybrid Systems: Integration with solar and wind power strengthens grid reliability.

Market Challenges

  • High Initial Costs: Capital-intensive construction affects adoption.

  • Environmental Concerns: Projects can disrupt aquatic ecosystems and face public opposition.

  • Technological Competition: Advancements in solar and wind power pose growth challenges.

Key Companies

  • A Energi

  • Hydro-Québec

  • Enel Green Power

  • China Yangtze Power Co. Ltd.

  • Centrais Elétricas Brasileiras SA

  • Doosan Enerbility Co. Ltd.

  • Snowy Hydro Ltd.

  • Duke Energy Corp.

  • Mannvit

  • Hindustan Construction Co. Ltd.

  • ESFC Investment Group

Table of Content

1 Executive Summary

1.1 Market overview

  • Executive Summary - Chart on Market Overview
  • Executive Summary - Data Table on Market Overview
  • Executive Summary - Chart on Global Market Characteristics
  • Executive Summary - Chart on Market by Geography
  • Executive Summary - Chart on Market Segmentation by Capacity
  • Executive Summary - Chart on Market Segmentation by Type
  • Executive Summary - Chart on Incremental Growth
  • Executive Summary - Data Table on Incremental Growth
  • Executive Summary - Chart on Company Market Positioning

2 Market Landscape

2.1 Market ecosystem

  • Parent Market
  • Data Table on - Parent Market

2.2 Market characteristics

  • Market characteristics analysis

2.3 Value chain analysis

  • Value Chain Analysis

3 Market Sizing

3.1 Market definition

  • Offerings of companies included in the market definition

3.2 Market segment analysis

  • Market segments

3.3 Market size 2023

3.4 Market outlook: Forecast for 2023-2028

  • Chart on Global - Market size and forecast 2023-2028 ($ billion)
  • Data Table on Global - Market size and forecast 2023-2028 ($ billion)
  • Chart on Global Market: Year-over-year growth 2023-2028 (%)
  • Data Table on Global Market: Year-over-year growth 2023-2028 (%)

4 Historic Market Size

4.1 Global Hydropower Plant Construction Market 2018 - 2022

  • Historic Market Size - Data Table on Global Hydropower Plant Construction Market 2018 - 2022 ($ billion)

4.2 Capacity segment analysis 2018 - 2022

  • Historic Market Size - Capacity Segment 2018 - 2022 ($ billion)

4.3 Type segment analysis 2018 - 2022

  • Historic Market Size - Type Segment 2018 - 2022 ($ billion)

4.4 Geography segment analysis 2018 - 2022

  • Historic Market Size - Geography Segment 2018 - 2022 ($ billion)

4.5 Country segment analysis 2018 - 2022

  • Historic Market Size - Country Segment 2018 - 2022 ($ billion)

5 Five Forces Analysis

5.1 Five forces summary

  • Five forces analysis - Comparison between 2023 and 2028

5.2 Bargaining power of buyers

  • Bargaining power of buyers - Impact of key factors 2023 and 2028

5.3 Bargaining power of suppliers

  • Bargaining power of suppliers - Impact of key factors in 2023 and 2028

5.4 Threat of new entrants

  • Threat of new entrants - Impact of key factors in 2023 and 2028

5.5 Threat of substitutes

  • Threat of substitutes - Impact of key factors in 2023 and 2028

5.6 Threat of rivalry

  • Threat of rivalry - Impact of key factors in 2023 and 2028

5.7 Market condition

  • Chart on Market condition - Five forces 2023 and 2028

6 Market Segmentation by Capacity

6.1 Market segments

  • Chart on Capacity - Market share 2023-2028 (%)
  • Data Table on Capacity - Market share 2023-2028 (%)

6.2 Comparison by Capacity

  • Chart on Comparison by Capacity
  • Data Table on Comparison by Capacity

6.3 Large hydropower plants - Market size and forecast 2023-2028

  • Chart on Large hydropower plants - Market size and forecast 2023-2028 ($ billion)
  • Data Table on Large hydropower plants - Market size and forecast 2023-2028 ($ billion)
  • Chart on Large hydropower plants - Year-over-year growth 2023-2028 (%)
  • Data Table on Large hydropower plants - Year-over-year growth 2023-2028 (%)

6.4 Medium hydropower plants - Market size and forecast 2023-2028

  • Chart on Medium hydropower plants - Market size and forecast 2023-2028 ($ billion)
  • Data Table on Medium hydropower plants - Market size and forecast 2023-2028 ($ billion)
  • Chart on Medium hydropower plants - Year-over-year growth 2023-2028 (%)
  • Data Table on Medium hydropower plants - Year-over-year growth 2023-2028 (%)

6.5 Small hydropower plants - Market size and forecast 2023-2028

  • Chart on Small hydropower plants - Market size and forecast 2023-2028 ($ billion)
  • Data Table on Small hydropower plants - Market size and forecast 2023-2028 ($ billion)
  • Chart on Small hydropower plants - Year-over-year growth 2023-2028 (%)
  • Data Table on Small hydropower plants - Year-over-year growth 2023-2028 (%)

6.6 Others - Market size and forecast 2023-2028

  • Chart on Others - Market size and forecast 2023-2028 ($ billion)
  • Data Table on Others - Market size and forecast 2023-2028 ($ billion)
  • Chart on Others - Year-over-year growth 2023-2028 (%)
  • Data Table on Others - Year-over-year growth 2023-2028 (%)

6.7 Market opportunity by Capacity

  • Market opportunity by Capacity ($ billion)
  • Data Table on Market opportunity by Capacity ($ billion)

7 Market Segmentation by Type

7.1 Market segments

  • Chart on Type - Market share 2023-2028 (%)
  • Data Table on Type - Market share 2023-2028 (%)

7.2 Comparison by Type

  • Chart on Comparison by Type
  • Data Table on Comparison by Type

7.3 Pumped storage - Market size and forecast 2023-2028

  • Chart on Pumped storage - Market size and forecast 2023-2028 ($ billion)
  • Data Table on Pumped storage - Market size and forecast 2023-2028 ($ billion)
  • Chart on Pumped storage - Year-over-year growth 2023-2028 (%)
  • Data Table on Pumped storage - Year-over-year growth 2023-2028 (%)

7.4 Impoundment - Market size and forecast 2023-2028

  • Chart on Impoundment - Market size and forecast 2023-2028 ($ billion)
  • Data Table on Impoundment - Market size and forecast 2023-2028 ($ billion)
  • Chart on Impoundment - Year-over-year growth 2023-2028 (%)
  • Data Table on Impoundment - Year-over-year growth 2023-2028 (%)

7.5 Diversion - Market size and forecast 2023-2028

  • Chart on Diversion - Market size and forecast 2023-2028 ($ billion)
  • Data Table on Diversion - Market size and forecast 2023-2028 ($ billion)
  • Chart on Diversion - Year-over-year growth 2023-2028 (%)
  • Data Table on Diversion - Year-over-year growth 2023-2028 (%)

7.6 Market opportunity by Type

  • Market opportunity by Type ($ billion)
  • Data Table on Market opportunity by Type ($ billion)

8 Customer Landscape

8.1 Customer landscape overview

  • Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

9.1 Geographic segmentation

  • Chart on Market share by geography 2023-2028 (%)
  • Data Table on Market share by geography 2023-2028 (%)

9.2 Geographic comparison

  • Chart on Geographic comparison
  • Data Table on Geographic comparison

9.3 APAC - Market size and forecast 2023-2028

  • Chart on APAC - Market size and forecast 2023-2028 ($ billion)
  • Data Table on APAC - Market size and forecast 2023-2028 ($ billion)
  • Chart on APAC - Year-over-year growth 2023-2028 (%)
  • Data Table on APAC - Year-over-year growth 2023-2028 (%)

9.4 Europe - Market size and forecast 2023-2028

  • Chart on Europe - Market size and forecast 2023-2028 ($ billion)
  • Data Table on Europe - Market size and forecast 2023-2028 ($ billion)
  • Chart on Europe - Year-over-year growth 2023-2028 (%)
  • Data Table on Europe - Year-over-year growth 2023-2028 (%)

9.5 North America - Market size and forecast 2023-2028

  • Chart on North America - Market size and forecast 2023-2028 ($ billion)
  • Data Table on North America - Market size and forecast 2023-2028 ($ billion)
  • Chart on North America - Year-over-year growth 2023-2028 (%)
  • Data Table on North America - Year-over-year growth 2023-2028 (%)

9.6 South America - Market size and forecast 2023-2028

  • Chart on South America - Market size and forecast 2023-2028 ($ billion)
  • Data Table on South America - Market size and forecast 2023-2028 ($ billion)
  • Chart on South America - Year-over-year growth 2023-2028 (%)
  • Data Table on South America - Year-over-year growth 2023-2028 (%)

9.7 Midle East and Africa - Market size and forecast 2023-2028

  • Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
  • Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
  • Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
  • Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)

9.8 China - Market size and forecast 2023-2028

  • Chart on China - Market size and forecast 2023-2028 ($ billion)
  • Data Table on China - Market size and forecast 2023-2028 ($ billion)
  • Chart on China - Year-over-year growth 2023-2028 (%)
  • Data Table on China - Year-over-year growth 2023-2028 (%)

9.9 US - Market size and forecast 2023-2028

  • Chart on US - Market size and forecast 2023-2028 ($ billion)
  • Data Table on US - Market size and forecast 2023-2028 ($ billion)
  • Chart on US - Year-over-year growth 2023-2028 (%)
  • Data Table on US - Year-over-year growth 2023-2028 (%)

9.10 India - Market size and forecast 2023-2028

  • Chart on India - Market size and forecast 2023-2028 ($ billion)
  • Data Table on India - Market size and forecast 2023-2028 ($ billion)
  • Chart on India - Year-over-year growth 2023-2028 (%)
  • Data Table on India - Year-over-year growth 2023-2028 (%)

9.11 Germany - Market size and forecast 2023-2028

  • Chart on Germany - Market size and forecast 2023-2028 ($ billion)
  • Data Table on Germany - Market size and forecast 2023-2028 ($ billion)
  • Chart on Germany - Year-over-year growth 2023-2028 (%)
  • Data Table on Germany - Year-over-year growth 2023-2028 (%)

9.12 Japan - Market size and forecast 2023-2028

Chart on Japan - Market size and forecast 2023-2028 ($ billion)

Data Table on Japan - Market size and forecast 2023-2028 ($ billion)

Chart on Japan - Year-over-year growth 2023-2028 (%)

Data Table on Japan - Year-over-year growth 2023-2028 (%)

9.13 Market opportunity by geography

  • Market opportunity by geography ($ billion)
  • Data Tables on Market opportunity by geography ($ billion)

10 Drivers, Challenges, and Opportunity/Restraints

10.1 Market drivers

10.2 Market challenges

10.3 Impact of drivers and challenges

  • Impact of drivers and challenges in 2023 and 2028

10.4 Market opportunities/restraints

11 Competitive Landscape

11.1 Overview

11.2 Competitive Landscape

  • Overview on criticality of inputs and factors of differentiation

11.3 Landscape disruption

  • Overview on factors of disruption

11.4 Industry risks

  • Impact of key risks on business

12 Competitive Analysis

12.1 Companies profiled

  • Companies covered

12.2 Market positioning of companies

  • Matrix on companies position and classification

12.3 British Columbia Hydro and Power Authority

  • British Columbia Hydro and Power Authority - Overview
  • British Columbia Hydro and Power Authority - Product / Service
  • British Columbia Hydro and Power Authority - Key offerings

12.4 Centrais Eletricas Brasileiras SA

  • Centrais Eletricas Brasileiras SA - Overview
  • Centrais Eletricas Brasileiras SA - Business segments
  • Centrais Eletricas Brasileiras SA - Key offerings
  • Centrais Eletricas Brasileiras SA - Segment focus

12.5 China Yangtze Power Co. Ltd.

  • China Yangtze Power Co. Ltd. - Overview
  • China Yangtze Power Co. Ltd. - Product / Service
  • China Yangtze Power Co. Ltd. - Key offerings

12.6 Doosan Enerbility Co. Ltd.

  • Doosan Enerbility Co. Ltd. - Overview
  • Doosan Enerbility Co. Ltd. - Business segments
  • Doosan Enerbility Co. Ltd. - Key offerings
  • Doosan Enerbility Co. Ltd. - Segment focus

12.7 Enel Spa

  • Enel Spa - Overview
  • Enel Spa - Product / Service
  • Enel Spa - Key news
  • Enel Spa - Key offerings

12.8 ESFC Investment Group

  • ESFC Investment Group - Overview
  • ESFC Investment Group - Product / Service
  • ESFC Investment Group - Key offerings

12.9 Hindustan Construction Co. Ltd

  • Hindustan Construction Co. Ltd - Overview
  • Hindustan Construction Co. Ltd - Product / Service
  • Hindustan Construction Co. Ltd - Key offerings

12.10 Hydro Quebec

  • Hydro Quebec - Overview
  • Hydro Quebec - Product / Service
  • Hydro Quebec - Key offerings

12.11 ITD Cementation India Ltd.

  • ITD Cementation India Ltd. - Overview
  • ITD Cementation India Ltd. - Product / Service
  • ITD Cementation India Ltd. - Key offerings

12.12 Mannvit

  • Mannvit - Overview
  • Mannvit - Product / Service
  • Mannvit - Key offerings

12.13 Meidensha Corp.

  • Meidensha Corp. - Overview
  • Meidensha Corp. - Business segments
  • Meidensha Corp. - Key news
  • Meidensha Corp. - Key offerings
  • Meidensha Corp. - Segment focus

12.14 Navayuga Group

  • Navayuga Group - Overview
  • Navayuga Group - Product / Service
  • Navayuga Group - Key offerings

12.15 P and R InfraProjects Ltd.

  • P and R InfraProjects Ltd. - Overview
  • P and R InfraProjects Ltd. - Product / Service
  • P and R InfraProjects Ltd. - Key offerings

12.16 RusHydro

  • RusHydro - Overview
  • RusHydro - Product / Service
  • RusHydro - Key offerings

12.17 Snowy Hydro Ltd.

  • Snowy Hydro Ltd. - Overview
  • Snowy Hydro Ltd. - Product / Service
  • Snowy Hydro Ltd. - Key offerings

Research Methodology

All our research reports employ a mixed-methods approach, leveraging both primary and secondary research techniques to develop a comprehensive and well-informed analysis. The methodology ensures a balanced perspective by combining data-driven insights with expert opinions.

1. Secondary Research

Secondary research formed the foundation of the study, offering a contextual understanding of the market landscape, historical trends, and existing data. This phase involved gathering and analyzing information from:

  • Industry reports and whitepapers (e.g., McKinsey, Deloitte, Statista)
  • Academic journals and case studies
  • Company reports, investor presentations, and press releases
  • Government databases and regulatory publications
  • Trade publications, industry blogs, and news articles

2. Primary Research

To validate and complement secondary findings, extensive primary research was conducted. This included both quantitative data collection and qualitative insights, particularly through expert consultations.

a. Expert Consultations (Qualitative Primary Research)

In-depth interviews were conducted with a wide range of industry stakeholders, including:

  • Industry experts and consultants
  • Senior executives and decision-makers
  • Product managers and supply chain professionals
  • Academic researchers and analysts

b. Surveys and Questionnaires (Quantitative Primary Research)

Structured surveys were distributed among:

  • End-users/consumers
  • Retailers and distributors
  • Business-to-business (B2B) buyers

3. Data Validation and Triangulation

Findings from secondary and primary sources were cross-validated through data triangulation to ensure accuracy, consistency, and reliability. This process involved comparing insights from different sources and reconciling discrepancies through expert feedback.

4. Analytical Tools and Frameworks

Various analytical models were applied to interpret the collected data:

  • SWOT Analysis for understanding strengths, weaknesses, opportunities, and threats
  • Porter’s Five Forces to assess market competitiveness
  • PESTLE Analysis to evaluate external macroeconomic influences
  • Forecasting Models using historical data trends and regression analysis

Conclusion

The combination of comprehensive secondary research and robust primary data collection—enhanced by expert consultations—ensured the development of a well-rounded and in-depth analysis. This approach enables strategic decision-making backed by both empirical evidence and industry expertise.

For detailed methodology for this particular report please write to us on info@syovi.com