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Pumped Hydro Storage Market Report 2025

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    Report

  • 175 Pages
  • March 2025
  • Region: Global
  • The Business Research Company
  • ID: 5865874
The pumped hydro storage market size has grown strongly in recent years. It will grow from $408.33 billion in 2024 to $442.04 billion in 2025 at a compound annual growth rate (CAGR) of 8.3%. The growth in the historic period can be attributed to need for energy storage solutions, grid stability and reliability, renewable energy integration, electricity market dynamics, hydropower expansion.

The pumped hydro storage market size is expected to see strong growth in the next few years. It will grow to $642.15 billion in 2029 at a compound annual growth rate (CAGR) of 9.8%. The growth in the forecast period can be attributed to growing renewable energy capacity, focus on decentralized energy systems, energy transition and electrification, integration with variable renewable sources, hybrid energy storage systems. Major trends in the forecast period include advancements in storage technologies, increased deployment of pumped hydro storage, energy transition and grid balancing, advancements in pumped storage technologies, global expansion of pumped storage projects, market trends in retrofits and upgrades.

The anticipated growth in the pumped hydro storage market is closely linked to the rising demand for electricity. This demand surge is driven by factors such as increasing prosperity and heightened commercial activities, contributing to annual growth in electricity consumption. Pumped hydro storage facilities generate electricity by allowing water to flow through a turbine generator. As a result, the growing demand for electricity is expected to propel the pumped hydro storage market. For example, a report from the International Energy Agency (IEA) in February 2022 highlighted that the global economic recovery is anticipated to lead to a nearly 5% increase in worldwide electricity demand in 2021 and a 4% rise in 2022. Additionally, data from the Energy Information Administration in April 2023 revealed a 2.6% increase in total US electricity consumption, reaching 4.05 trillion kWh in 2022. Hence, the upward trend in electricity demand is a key driver for the pumped hydro storage market.

Another significant factor contributing to the growth of the pumped hydro storage market is the escalating demand for renewable energy. Renewable energy, derived from replenishable natural resources such as sunlight, wind, rain, tides, and geothermal heat, is gaining prominence. Pumped hydro storage plays a crucial role in supporting the integration of renewable energy by addressing variability challenges and enhancing grid reliability for sustainable growth. For instance, a report from gov.uk in December 2023 highlighted the increasing share of renewable energy production in the UK, accounting for 44.5% of electricity generation in the third quarter of 2023. Therefore, the growing demand for renewable energy is a significant driver for the pumped hydro storage market.

Technological advancement stands out as a prominent trend gaining popularity in the pumped hydro storage market. Major companies in this sector are dedicated to developing innovative technologies to reinforce their market positions. An example of such innovation occurred in February 2023 when Hitachi Energy Ltd., a US-based power technology company, introduced SFC, a static frequency converter solution utilizing modular multi-level technology for a pumped hydro storage plant in Europe. This technology boasts a unique feature, reducing power losses, enhancing revenue, and facilitating the grid integration of additional solar and wind power, contributing to a more sustainable energy future. By improving plant efficiency and stabilizing the grid, this technology is transforming the global energy system towards one that is more secure, adaptable, and sustainable.

Strategic collaborations are another significant aspect of major companies in the pumped hydro storage market. These collaborations are pivotal for advancing pumped hydro storage technologies, expanding market reach, mitigating risks, and ensuring successful development and integration into the broader energy landscape. An illustrative example is the partnership between Adani Group, an India-based multinational conglomerate, and Greenko Group, an India-based renewables company, announced in August 2023. This collaboration signifies their joint commitment to large-scale renewable energy integration. Greenko is set to provide up to 1GW of firm and dispatchable renewable energy, including round-the-clock power, to Adani's proposed industrial complex. The initiative aims to establish a green industrial complex, with Greenko contributing 6 GWh of long-duration hydro storage capacity from its 'Off-Stream Closed-Loop Pumped Storage Project' in Madhya Pradesh and Rajasthan.

In February 2023, TransAlta Corporation, a Canada-based electricity power generator, acquired a 50% stake in Montem Resources Limited's 4.8GWh pumped hydro energy storage development project for an undisclosed amount. This acquisition is anticipated to enhance the reliability of the Alberta grid with increased capacity and duration, complementing TransAlta with a share of Tent Mountain's land rights, fixed assets, and intellectual property. Montem Resources Limited is an Australia-based developer of renewable energy, including pumped hydro storage projects.

Major companies operating in the pumped hydro storage market include Enel Group, Electricite de France SA (EDF), Hitachi Energy Ltd., General Electric Co, Iberdrola SA, Mitsubishi Heavy Industries Ltd., Siemens Energy AG, ABB Ltd., Duke Energy Corporation, Chubu Electric Power Company Inc., Statkraft AS, Eskom, Genex Power Limited, Alstom Pvt Ltd., Andritz Group, Dongfang Electric, Voith GmbH & Co KGaA, China Three Gorges Corporation, Snowy Hydro Limited, Greenko Group, EON SE, Toshiba Energy System & Solutions Corporation, San Diego County Water Authority, RusHydro, FirstLight Power, Schluchseewerk, Gridflex Energy, National Grid plc, NextEra Energy Inc.

Asia-Pacific was the largest region in the pumped hydro storage market in 2024. Europe is expected to be the fastest-growing region in the forecast period. The regions covered in the pumped hydro storage market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the pumped hydro storage market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

Pumped hydro storage involves structures that transfer water-based energy from one reservoir to another at a lower height. This method stands out as one of the few large-scale, cost-effective approaches for storing and distributing electricity, contributing to increased grid dependability.

Pumped hydro storage comes in two main types open-loop and closed-loop. Open-loop pumped hydro storage entails a continuous hydrologic connection to a natural body of water, utilizing sources such as natural and man-made reservoirs. Government agencies, grid operators, and electricity utilities commonly employ these storage systems.

The pumped hydro storage market research report is one of a series of new reports that provides pumped hydro storage market statistics, including pumped hydro storage industry global market size, regional shares, competitors with a pumped hydro storage market share, detailed pumped hydro storage market segments, market trends and opportunities, and any further data you may need to thrive in the pumped hydro storage industry. This pumped hydro storage market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The pumped hydro storage market includes revenues earned by entities by constructing dam and reservoir based pumped hydro storage plant. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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Table of Contents

1. Executive Summary2. Pumped Hydro Storage Market Characteristics3. Pumped Hydro Storage Market Trends and Strategies4. Pumped Hydro Storage Market - Macro Economic Scenario Macro Economic Scenario Including the Impact of Interest Rates, Inflation, Geopolitics and Covid and Recovery on the Market
5. Global Pumped Hydro Storage Growth Analysis and Strategic Analysis Framework
5.1. Global Pumped Hydro Storage PESTEL Analysis (Political, Social, Technological, Environmental and Legal Factors, Drivers and Restraints)
5.2. Analysis of End Use Industries
5.3. Global Pumped Hydro Storage Market Growth Rate Analysis
5.4. Global Pumped Hydro Storage Historic Market Size and Growth, 2019-2024, Value ($ Billion)
5.5. Global Pumped Hydro Storage Forecast Market Size and Growth, 2024-2029, 2034F, Value ($ Billion)
5.6. Global Pumped Hydro Storage Total Addressable Market (TAM)
6. Pumped Hydro Storage Market Segmentation
6.1. Global Pumped Hydro Storage Market, Segmentation by Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Open-Loop
  • Closed-Loop
6.2. Global Pumped Hydro Storage Market, Segmentation by Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Natural Reservoirs
  • Man-Made Reservoirs
6.3. Global Pumped Hydro Storage Market, Segmentation by End User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Government Agency, Grid Operators
  • Electricity Utilities
  • Other End Users
6.4. Global Pumped Hydro Storage Market, Sub-Segmentation of Open-Loop, by Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Lake-Based Systems
  • River-Based Systems
6.5. Global Pumped Hydro Storage Market, Sub-Segmentation of Closed-Loop, by Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Underground Reservoirs
  • Above-Ground Reservoirs
7. Pumped Hydro Storage Market Regional and Country Analysis
7.1. Global Pumped Hydro Storage Market, Split by Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
7.2. Global Pumped Hydro Storage Market, Split by Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
8. Asia-Pacific Pumped Hydro Storage Market
8.1. Asia-Pacific Pumped Hydro Storage Market Overview
  • Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.2. Asia-Pacific Pumped Hydro Storage Market, Segmentation by Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
8.3. Asia-Pacific Pumped Hydro Storage Market, Segmentation by Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
8.4. Asia-Pacific Pumped Hydro Storage Market, Segmentation by End User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
9. China Pumped Hydro Storage Market
9.1. China Pumped Hydro Storage Market Overview
9.2. China Pumped Hydro Storage Market, Segmentation by Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion
9.3. China Pumped Hydro Storage Market, Segmentation by Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion
9.4. China Pumped Hydro Storage Market, Segmentation by End User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion
10. India Pumped Hydro Storage Market
10.1. India Pumped Hydro Storage Market, Segmentation by Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
10.2. India Pumped Hydro Storage Market, Segmentation by Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
10.3. India Pumped Hydro Storage Market, Segmentation by End User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
11. Japan Pumped Hydro Storage Market
11.1. Japan Pumped Hydro Storage Market Overview
11.2. Japan Pumped Hydro Storage Market, Segmentation by Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
11.3. Japan Pumped Hydro Storage Market, Segmentation by Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
11.4. Japan Pumped Hydro Storage Market, Segmentation by End User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
12. Australia Pumped Hydro Storage Market
12.1. Australia Pumped Hydro Storage Market, Segmentation by Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
12.2. Australia Pumped Hydro Storage Market, Segmentation by Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
12.3. Australia Pumped Hydro Storage Market, Segmentation by End User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
13. Indonesia Pumped Hydro Storage Market
13.1. Indonesia Pumped Hydro Storage Market, Segmentation by Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
13.2. Indonesia Pumped Hydro Storage Market, Segmentation by Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
13.3. Indonesia Pumped Hydro Storage Market, Segmentation by End User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
14. South Korea Pumped Hydro Storage Market
14.1. South Korea Pumped Hydro Storage Market Overview
14.2. South Korea Pumped Hydro Storage Market, Segmentation by Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
14.3. South Korea Pumped Hydro Storage Market, Segmentation by Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
14.4. South Korea Pumped Hydro Storage Market, Segmentation by End User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
15. Western Europe Pumped Hydro Storage Market
15.1. Western Europe Pumped Hydro Storage Market Overview
15.2. Western Europe Pumped Hydro Storage Market, Segmentation by Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
15.3. Western Europe Pumped Hydro Storage Market, Segmentation by Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
15.4. Western Europe Pumped Hydro Storage Market, Segmentation by End User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
16. UK Pumped Hydro Storage Market
16.1. UK Pumped Hydro Storage Market, Segmentation by Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
16.2. UK Pumped Hydro Storage Market, Segmentation by Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
16.3. UK Pumped Hydro Storage Market, Segmentation by End User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
17. Germany Pumped Hydro Storage Market
17.1. Germany Pumped Hydro Storage Market, Segmentation by Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
17.2. Germany Pumped Hydro Storage Market, Segmentation by Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
17.3. Germany Pumped Hydro Storage Market, Segmentation by End User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
18. France Pumped Hydro Storage Market
18.1. France Pumped Hydro Storage Market, Segmentation by Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
18.2. France Pumped Hydro Storage Market, Segmentation by Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
18.3. France Pumped Hydro Storage Market, Segmentation by End User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
19. Italy Pumped Hydro Storage Market
19.1. Italy Pumped Hydro Storage Market, Segmentation by Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
19.2. Italy Pumped Hydro Storage Market, Segmentation by Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
19.3. Italy Pumped Hydro Storage Market, Segmentation by End User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
20. Spain Pumped Hydro Storage Market
20.1. Spain Pumped Hydro Storage Market, Segmentation by Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
20.2. Spain Pumped Hydro Storage Market, Segmentation by Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
20.3. Spain Pumped Hydro Storage Market, Segmentation by End User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
21. Eastern Europe Pumped Hydro Storage Market
21.1. Eastern Europe Pumped Hydro Storage Market Overview
21.2. Eastern Europe Pumped Hydro Storage Market, Segmentation by Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
21.3. Eastern Europe Pumped Hydro Storage Market, Segmentation by Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
21.4. Eastern Europe Pumped Hydro Storage Market, Segmentation by End User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
22. Russia Pumped Hydro Storage Market
22.1. Russia Pumped Hydro Storage Market, Segmentation by Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
22.2. Russia Pumped Hydro Storage Market, Segmentation by Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
22.3. Russia Pumped Hydro Storage Market, Segmentation by End User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
23. North America Pumped Hydro Storage Market
23.1. North America Pumped Hydro Storage Market Overview
23.2. North America Pumped Hydro Storage Market, Segmentation by Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
23.3. North America Pumped Hydro Storage Market, Segmentation by Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
23.4. North America Pumped Hydro Storage Market, Segmentation by End User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
24. USA Pumped Hydro Storage Market
24.1. USA Pumped Hydro Storage Market Overview
24.2. USA Pumped Hydro Storage Market, Segmentation by Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
24.3. USA Pumped Hydro Storage Market, Segmentation by Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
24.4. USA Pumped Hydro Storage Market, Segmentation by End User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
25. Canada Pumped Hydro Storage Market
25.1. Canada Pumped Hydro Storage Market Overview
25.2. Canada Pumped Hydro Storage Market, Segmentation by Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
25.3. Canada Pumped Hydro Storage Market, Segmentation by Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
25.4. Canada Pumped Hydro Storage Market, Segmentation by End User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
26. South America Pumped Hydro Storage Market
26.1. South America Pumped Hydro Storage Market Overview
26.2. South America Pumped Hydro Storage Market, Segmentation by Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
26.3. South America Pumped Hydro Storage Market, Segmentation by Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
26.4. South America Pumped Hydro Storage Market, Segmentation by End User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
27. Brazil Pumped Hydro Storage Market
27.1. Brazil Pumped Hydro Storage Market, Segmentation by Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
27.2. Brazil Pumped Hydro Storage Market, Segmentation by Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
27.3. Brazil Pumped Hydro Storage Market, Segmentation by End User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
28. Middle East Pumped Hydro Storage Market
28.1. Middle East Pumped Hydro Storage Market Overview
28.2. Middle East Pumped Hydro Storage Market, Segmentation by Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
28.3. Middle East Pumped Hydro Storage Market, Segmentation by Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
28.4. Middle East Pumped Hydro Storage Market, Segmentation by End User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
29. Africa Pumped Hydro Storage Market
29.1. Africa Pumped Hydro Storage Market Overview
29.2. Africa Pumped Hydro Storage Market, Segmentation by Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
29.3. Africa Pumped Hydro Storage Market, Segmentation by Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
29.4. Africa Pumped Hydro Storage Market, Segmentation by End User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
30. Pumped Hydro Storage Market Competitive Landscape and Company Profiles
30.1. Pumped Hydro Storage Market Competitive Landscape
30.2. Pumped Hydro Storage Market Company Profiles
30.2.1. Enel Group Overview, Products and Services, Strategy and Financial Analysis
30.2.2. Electricite de France SA (EDF) Overview, Products and Services, Strategy and Financial Analysis
30.2.3. Hitachi Energy Ltd. Overview, Products and Services, Strategy and Financial Analysis
30.2.4. General Electric Co Overview, Products and Services, Strategy and Financial Analysis
30.2.5. Iberdrola SA Overview, Products and Services, Strategy and Financial Analysis
31. Pumped Hydro Storage Market Other Major and Innovative Companies
31.1. Mitsubishi Heavy Industries Ltd.
31.2. Siemens Energy AG
31.3. ABB Ltd.
31.4. Duke Energy Corporation
31.5. Chubu Electric Power Company Inc.
31.6. Statkraft AS
31.7. Eskom
31.8. Genex Power Limited
31.9. Alstom Pvt Ltd.
31.10. Andritz Group
31.11. Dongfang Electric
31.12. Voith GmbH & Co KGaA
31.13. China Three Gorges Corporation
31.14. Snowy Hydro Limited
31.15. Greenko Group
32. Global Pumped Hydro Storage Market Competitive Benchmarking and Dashboard33. Key Mergers and Acquisitions in the Pumped Hydro Storage Market34. Recent Developments in the Pumped Hydro Storage Market
35. Pumped Hydro Storage Market High Potential Countries, Segments and Strategies
35.1 Pumped Hydro Storage Market in 2029 - Countries Offering Most New Opportunities
35.2 Pumped Hydro Storage Market in 2029 - Segments Offering Most New Opportunities
35.3 Pumped Hydro Storage Market in 2029 - Growth Strategies
35.3.1 Market Trend-based Strategies
35.3.2 Competitor Strategies
36. Appendix
36.1. Abbreviations
36.2. Currencies
36.3. Historic and Forecast Inflation Rates
36.4. Research Inquiries
36.5. About the Analyst
36.6. Copyright and Disclaimer

Executive Summary

Pumped Hydro Storage Global Market Report 2025 provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on pumped hydro storage market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

Reasons to Purchase:

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  • Benchmark performance against key competitors.
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  • All data from the report will also be delivered in an excel dashboard format.

Description

Where is the largest and fastest growing market for pumped hydro storage? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The pumped hydro storage market global report answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
  • The market characteristics section of the report defines and explains the market.
  • The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
  • The forecasts are made after considering the major factors currently impacting the market. These include:
  • The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.
  • Market segmentations break down the market into sub markets.
  • The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
  • The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
  • The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.

Scope

Markets Covered:

1) By Type: Open-Loop; Closed-Loop
2) By Source: Natural Reservoirs; Man-Made Reservoirs
3) By End User: Government Agency, Grid Operators; Electricity Utilities; Other End Users

Subsegments:

1) By Open-Loop: Lake-Based Systems; River-Based Systems
2) By Closed-Loop: Underground Reservoirs; Above-Ground Reservoirs

Key Companies Mentioned: Enel Group; Electricite de France SA (EDF); Hitachi Energy Ltd.; General Electric Co; Iberdrola SA

Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain

Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa

Time Series: Five years historic and ten years forecast.

Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.

Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.

Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.

Delivery Format: PDF, Word and Excel Data Dashboard.

Companies Mentioned

  • Enel Group
  • Electricite de France SA (EDF)
  • Hitachi Energy Ltd.
  • General Electric Co
  • Iberdrola SA
  • Mitsubishi Heavy Industries Ltd.
  • Siemens Energy AG
  • ABB Ltd.
  • Duke Energy Corporation
  • Chubu Electric Power Company Inc.
  • Statkraft AS
  • Eskom
  • Genex Power Limited
  • Alstom Pvt Ltd.
  • Andritz Group
  • Dongfang Electric
  • Voith GmbH & Co KGaA
  • China Three Gorges Corporation
  • Snowy Hydro Limited
  • Greenko Group
  • EON SE
  • Toshiba Energy System & Solutions Corporation
  • San Diego County Water Authority
  • RusHydro
  • FirstLight Power
  • Schluchseewerk
  • Gridflex Energy
  • National Grid plc
  • NextEra Energy Inc.

Table Information