Asia-Pacific Hydropower Market Size (2024 - 2029)

The Asia-Pacific hydropower market is poised for growth, driven by increasing investments in renewable energy and the demand for reliable electricity supply in developing nations like China, India, and Indonesia. Strategic collaborations in these regions further bolster market expansion. Despite the high initial costs of hydropower projects posing a challenge, advancements in technology and reductions in production costs present significant opportunities for market development. China is expected to lead the market due to its substantial investments in hydropower initiatives.

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Market Size of Asia-Pacific Hydropower Industry

Asia-Pacific Hydropower Market Summary
Study Period 2020 - 2029
Base Year For Estimation 2023
Forecast Data Period 2024 - 2029
Historical Data Period 2020 - 2022
CAGR 3.00 %
Market Concentration High

Major Players

Asia-Pacific Hydropower Market Major Players

*Disclaimer: Major Players sorted in no particular order

APAC Hydropower Market Analysis

The Asia-Pacific hydropower market is expected to register a CAGR of more than 3% during the forecast period.

  • Over the medium term, factors such as growing investments in renewables and hydropower projects and the growing demand for consistent electricity supply in developing countries such as China, India, and Indonesia are anticipated to drive market growth during the forecast period. Also, the increasing strategic collaborations in developing countries are also supporting market growth.
  • On the other hand, the initial cost of a hydropower project is high, and this factor is expected to restrain the market.
  • Nevertheless, the technological advancements in efficiency and decrease in the production cost of hydropower projects are expected to create ample opportunity for the market in Asia-Pacific.
  • China is estimated to dominate the market due to increasing investment in hydropower projects.

APAC Hydropower Industry Segmentation

Hydropower can be defined as one of the largest and oldest sources of renewable energy, and it uses the natural flow of moving water to produce electricity. Hydropower is also applied as half of an energy storage system known as pumped-storage hydroelectricity. It is an alternative source of electricity production for fossil fuels as it doesn't directly produce carbon emissions.

The hydropower market is segmented by size and geography. By size, the market is segmented into large hydropower, small hydropower, and others. The report also covers the market size and forecasts for the hydropower market across major countries (China, India, Japan, Vietnam, and the Rest of Asia-Pacific) in the region. For each segment, the market sizing and forecasts have been done based on installed capacity (GW).

Size
Large Hydropower
Small Hydropower
Other Sizes
Geography
China
India
Japan
Vietnam
Rest of Asia-Pacific
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Asia-Pacific Hydropower Market Size Summary

The Asia-Pacific hydropower market is poised for growth, driven by increasing investments in renewable energy projects and the rising demand for reliable electricity supply in developing nations like China, India, and Indonesia. Strategic collaborations in these regions are further bolstering market expansion. Despite the high initial costs associated with hydropower projects, technological advancements are enhancing efficiency and reducing production costs, presenting significant opportunities for market growth. China is expected to lead the market, supported by substantial investments in hydropower initiatives. The small hydropower segment is anticipated to dominate the market due to its low environmental impact and cost-effectiveness, making it an attractive option for rural and developing areas.

China's dominance in the Asia-Pacific small hydropower market is underscored by its substantial capacity and ongoing projects. The country is a global leader in hydropower production, with significant new capacity additions in recent years. The Chinese government's ambitious plans for pumped storage hydropower further highlight its commitment to expanding this sector. The market is moderately consolidated, with key players such as NTPC Ltd, PowerChina, and China Yangtze Power Co. Ltd. actively participating. Recent developments, including funding for mini hydropower projects in the Philippines and collaborations in Thailand, reflect the region's focus on enhancing its hydropower infrastructure to meet renewable energy targets.

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Asia-Pacific Hydropower Market Size - Table of Contents

  1. 1. MARKET OVERVIEW

    1. 1.1 Introduction

    2. 1.2 Hydropower Installed Capacity and Forecast, in GW, till 2028

    3. 1.3 Recent Trends and Developments

    4. 1.4 Government Policies and Regulations

    5. 1.5 Market Dynamics

      1. 1.5.1 Drivers

      2. 1.5.2 Restraints

    6. 1.6 Supply Chain Analysis

    7. 1.7 Porter's Five Forces Analysis

      1. 1.7.1 Bargaining Power of Suppliers

      2. 1.7.2 Bargaining Power of Consumers

      3. 1.7.3 Threat of New Entrants

      4. 1.7.4 Threat of Substitutes Products and Services

      5. 1.7.5 Intensity of Competitive Rivalry

  2. 2. MARKET SEGMENTATION

    1. 2.1 Size

      1. 2.1.1 Large Hydropower

      2. 2.1.2 Small Hydropower

      3. 2.1.3 Other Sizes

    2. 2.2 Geography

      1. 2.2.1 China

      2. 2.2.2 India

      3. 2.2.3 Japan

      4. 2.2.4 Vietnam

      5. 2.2.5 Rest of Asia-Pacific

Asia-Pacific Hydropower Market Size FAQs

The Asia-Pacific Hydropower Market is projected to register a CAGR of greater than 3% during the forecast period (2024-2029)

NTPC Ltd, Tokyo Electric Power Company Holdings, Inc., NHPC Ltd., China Yangtze Power Co. Ltd and PowerChina are the major companies operating in the Asia-Pacific Hydropower Market.

APAC Hydropower Market Report Snapshots

Asia-Pacific Hydropower Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)