Who are the key players in Southeast Asia Hydropower Market?

Vietnam Electricity Construction JSC, Tenaga Nasional Berhad, Andrtiz AG, PT Perusahaan Listrik Negara and Electricity Generating Authority of Thailand are the major companies operating in the Southeast Asia Hydropower Market. Read More

What years does this Southeast Asia Hydropower Market cover, and what was the market size in 2023?

In 2023, the Southeast Asia Hydropower Market size was estimated at 67.02 gigawatt. The report covers the Southeast Asia Hydropower Market historical market size for years: . The report also forecasts the Southeast Asia Hydropower Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Southeast Asia Hydropower Market Size

Market Size of Southeast Asia Hydropower Industry

Southeast Asia Hydropower Market Summary

Study Period	2024 - 2029
Base Year For Estimation	2023
Forecast Data Period	2024 - 2029
Historical Data Period
CAGR (2024 - 2029)	4.80 %
Market Concentration	Medium
Major Players *Disclaimer: Major Players sorted in no particular order

Southeast Asia Hydropower Market Analysis

The Southeast Asia Hydropower Market size in terms of installed base is expected to grow from 70.40 gigawatt in 2024 to 88.80 gigawatt by 2029, at a CAGR of 4.80% during the forecast period (2024-2029).

In the long term, factors such as increasing investments in hydropower plants and increasing demand for renewable energy are expected to drive the market's growth.
However, the high initial cost of hydropower compared to other forms of renewable energies like solar and wind energy is expected to restrain the growth of the market.
Nevertheless, technological advancements in efficiency and a decrease in the production cost of hydropower projects are expected to create ample opportunities for market players in Southeast Asia.
Vietnam is expected to be the region's largest hydropower market due to increasing investment in the sector and the highest installed capacity of hydropower energy in the region.

Southeast Asia Hydropower Industry Segmentation

Hydropower, or hydroelectric power, is one of the largest and oldest renewable energy sources, which uses the natural flow of moving water to generate electricity. Hydropower technologies generate electricity by the elevation difference created by a dam or diversion structure between water flowing in one direction and out in the other direction.

The Southeast Asian hydropower market is segmented by type and geography. By type, the market is segmented into large hydropower, small hydropower, and pumped storage. The report also covers the installed capacity and forecasts for the Southeast Asian hydropower market across the major countries. The installed capacity and forecasts for each segment have been considered in Gigawatts (GW).

By Type
		Large Hydropower
		Small Hydropower
		Pumped Storage

By Geography
		Vietnam
		Indonesia
		Malaysia
		Laos
		Philippines
		Thailand
		Rest of Southeast Asia

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Southeast Asia Hydropower Market Size Summary

The Southeast Asia hydropower market is poised for significant growth, driven by increasing investments in renewable energy and the rising demand for sustainable power sources. Despite the high initial costs associated with hydropower projects compared to other renewable energy forms like solar and wind, advancements in technology and reductions in production costs are expected to create substantial opportunities for market participants. Vietnam stands out as the region's largest hydropower market, benefiting from substantial investments and a high installed capacity. The market is characterized by large-scale hydropower plants, which include conventional dams, pumped storage, run-of-the-river, and tidal systems, all of which play a crucial role in generating renewable energy efficiently, particularly in urban areas.

The market landscape in Southeast Asia is moderately fragmented, with key players such as Vietnam Electricity Construction JSC, Electricity Generating Authority of Thailand, and PT Perusahaan Listrik Negara actively participating. Vietnam, in particular, has developed a mature hydropower market, having utilized a significant portion of its potential, yet still holds untapped opportunities in small-scale run-of-river projects. The country's reliance on hydroelectricity remains strong, although there is a growing shift towards coal-fired and other renewable energy sources to meet increasing domestic demand. Collaborative efforts, such as power purchase agreements with Laos, highlight the region's strategic focus on enhancing hydropower capacity and fostering deeper energy cooperation.

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Southeast Asia Hydropower Market Size - Table of Contents

1. MARKET OVERVIEW
1. 1.1 Introduction
2. 1.2 Hydropower Installed Capacity and Forecast in GW, till 2029
3. 1.3 Renewable Energy Mix, 2023
4. 1.4 List of Major Upcoming Hydropower Projects, By Major Countries, Southeast Asia
5. 1.5 List of On-going and Upcoming Hydropower Tenders, Southeast Asia
6. 1.6 List of Major Hydropower Consulting Companies and Consortiums, Southeast Asia
7. 1.7 Recent Trends and Developments
8. 1.8 Government Policies and Regulations
9. 1.9 Market Dynamics
  1. 1.9.1 Drivers
    1. 1.9.1.1 Increasing Investments in Hydropower Generation
    2. 1.9.1.2 Favorable Government Policies
  2. 1.9.2 Restraints
    1. 1.9.2.1 Adoption of Other Alternative Clean Energy Sources
10. 1.10 Supply Chain Analysis
11. 1.11 Porter's Five Forces Analysis
  1. 1.11.1 Bargaining Power of Suppliers
  2. 1.11.2 Bargaining Power of Consumers
  3. 1.11.3 Threat of New Entrants
  4. 1.11.4 Threat of Substitutes Products and Services
  5. 1.11.5 Intensity of Competitive Rivalry
2. MARKET SEGMENTATION
1. 2.1 By Type
  1. 2.1.1 Large Hydropower
  2. 2.1.2 Small Hydropower
  3. 2.1.3 Pumped Storage
2. 2.2 By Geography
  1. 2.2.1 Vietnam
  2. 2.2.2 Indonesia
  3. 2.2.3 Malaysia
  4. 2.2.4 Laos
  5. 2.2.5 Philippines
  6. 2.2.6 Thailand
  7. 2.2.7 Rest of Southeast Asia