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    APAC Hydropower Market

    ID: MRFR/E&P/46951-HCR
    200 Pages
    Chitranshi Jaiswal
    September 2025

    APAC Hydropower Market Research Report By Capacity (Mini Hydropower, Micro & Pico Hydropower, Small Hydropower, Large & Medium Hydropower), By Component (Electromechanical Equipment, Electric & Power Infrastructure, Civil Construction, Others), By End User (Industrial, Utility, Others) and By Regional (China, India, Japan, South Korea, Malaysia, Thailand, Indonesia, Rest of APAC)-Forecast to 2035

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    APAC Hydropower Market Research Report-Forecast to 2035 Infographic
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    APAC Hydropower Market Summary

    The Asia-Pacific hydropower market is poised for substantial growth, projected to reach 220.2 USD billion by 2035.

    Key Market Trends & Highlights

    APAC Hydropower Key Trends and Highlights

    • The market valuation is expected to increase from 132.7 USD billion in 2024 to 220.2 USD billion by 2035.
    • The compound annual growth rate (CAGR) for the period from 2025 to 2035 is estimated at 4.71 percent.
    • Hydropower continues to play a crucial role in the energy mix of the Asia-Pacific region, contributing to energy security and sustainability.
    • Growing adoption of renewable energy technologies due to increasing environmental concerns is a major market driver.

    Market Size & Forecast

    2024 Market Size 132.7 (USD Billion)
    2035 Market Size 220.2 (USD Billion)
    CAGR (2025-2035) 4.71%

    Major Players

    State Grid Corporation of China, RusHydro, Electricite de France, Inner Mongolia Yitai Coal Co., Ltd., General Electric, China Huaneng Group, China Yangtze Power, China Three Gorges Corporation, Sungrow Power Supply, Toshiba Energy Systems and Solutions Corporation, Korea Hydro and Nuclear Power Co., Ltd., Voith Hydro, National Hydroelectric Power Corporation, Powerchina, Andritz Hydro

    APAC Hydropower Market Trends

    Emerging financing models alongside international collaboration can greatly enhance investments in hydropower as APAC countries work towards balancing energy demands with sustainable solutions. There is a growing tendency to support environmental concerns which is affecting policy formulation, and this shift is very much felt within the government’s expenditure budget set for funding hydropower initiatives. Additionally, the focus on climate resilience has led to more hydropower projects designed to withstand extreme weather events, ensuring long-term viability. This growing integration of climate-focused planning into energy projects illustrates a commitment to balancing energy needs with environmental protection in the APAC region.

    Overall, these trends indicate a dynamic landscape for hydropower, where sustainability, technology, and regional cooperation will play crucial roles in shaping the market.

    Market Segment Insights

    APAC Hydropower Market Segment Insights

    APAC Hydropower Market Segment Insights

    Hydropower Market Capacity Insights

    Hydropower Market Capacity Insights

    The APAC Hydropower Market, particularly the Capacity segment, demonstrates significant growth and diversification, driven by the increasing demand for renewable energy sources across the region. This market includes various segments such as Mini Hydropower, Micro and Pico Hydropower, Small Hydropower, and Large and Medium Hydropower, each playing a vital role in harnessing water resources effectively. Mini Hydropower systems are increasingly recognized for their ability to provide decentralized energy solutions, particularly in rural areas where grid connectivity is limited.

    Their compact size and capacity to generate power from smaller streams make them a sustainable option for local communities, thereby promoting energy independence and accessibility.Micro and Pico Hydropower systems cater to even smaller applications, meeting the needs of households or small institutions. These systems are becoming more popular in remote areas, contributing to local economies by providing a reliable, clean power source. Small Hydropower, on the other hand, serves as a bridge between microsystems and larger plants, effectively balancing efficiency and environmental impact.

    It has gained traction due to its ability to produce power in smaller river systems without significant ecological disruption.Large and Medium Hydropower continues to dominate the market, playing a crucial role in the energy grid of several APAC countries. These installations leverage larger water bodies and provide substantial electricity generation, often serving as baseload power supply systems. Their scale allows for the distribution of energy across vast regions, supporting urban centers and contributing to national energy security.

    These large-scale hydropower projects are reinforced by government policies and investments focused on clean energy infrastructure development.The APAC region's commitment to sustainable energy is evident in various national policies promoting hydropower as a primary renewable resource. This focus is fueled by the need to reduce carbon emissions and combat climate change while ensuring energy stability. However, challenges such as environmental concerns, social impacts on local communities, and investment in technology for efficient operations remain significant.

    Hydropower Market Component Insights

    Hydropower Market Component Insights

    The APAC Hydropower Market, focusing on the Component segment, encapsulates critical areas essential for the effective generation of renewable energy. Key elements such as Electromechanical Equipment are pivotal, comprising turbines and generators, which are often the heart of hydropower plants and directly impact efficiency.

    Electric and Power Infrastructure, representing a necessary backbone, ensures the seamless transmission of generated electricity to end-users, which is becoming increasingly vital as demand for renewable energy surges in the region.Civil Construction forms another essential part of this segment, encompassing the building of dams, tunnels, and support structures, vital for creating the physical foundation of hydropower operations. Additionally, the 'Others' category captures various auxiliary components, including control systems and maintenance technologies, which enhance operation effectiveness and sustainability.

    The ongoing investment in renewable energy sources and governmental initiatives in countries like China and India further amplify the importance of these components as they seek to meet energy needs while reducing carbon emissions.The interplay of these segments not only fuels the growth of the APAC Hydropower Market but also aligns with broader goals for sustainable development across the region.

    Hydropower Market End User Insights

    Hydropower Market End User Insights

    The End User segment of the APAC Hydropower Market is vital as it showcases diverse applications of hydropower across various industries. The Industrial sector plays a significant role as industries increasingly turn to renewable energy resources to reduce operational costs and promote sustainability. Utilities largely dominate the market, driven by the shift towards cleaner energy sources and increasing electricity demands from urbanization, making them crucial players in the transformation toward a low-carbon economy.

    Additionally, the Others category includes municipal and domestic applications, which highlight the importance of hydropower in local energy systems, providing reliable and clean energy to communities.Government initiatives in APAC are also pushing for greater investment in renewable energy, presenting opportunities for growth in this sector. The APAC Hydropower Market is expected to benefit from favorable policies and technological advancements that drive efficiency and capacity expansion, influencing the overall dynamics of energy production and consumption in the region.

    Get more detailed insights about APAC Hydropower Market Research Report-Forecast to 2035

    Regional Insights

    The APAC Hydropower Market is experiencing significant trends influenced by regional dynamics and economic growth across various countries. Within this segment, China stands out with its substantial investment in hydropower infrastructure, reflecting its commitment to renewable energy initiatives. India follows, where rapid urbanization and industrial growth fuel the demand for sustainable energy sources. Japan is focusing on the modernization of existing systems and efficient resource management, while South Korea emphasizes technological innovations to enhance hydropower efficiency.In Malaysia, initiatives aimed at environmental sustainability and renewable sources encourage hydropower development.

    Thailand and Indonesia also play critical roles, with their diverse geographical features promoting the establishment of new hydropower projects. The Rest of APAC indicates a strong potential for growth as countries increasingly prioritize clean energy to meet their targets for carbon neutrality. Challenges such as regulatory hurdles and environmental concerns must be addressed, presenting opportunities for innovation in the APAC Hydropower Market.The ongoing investments in infrastructure and technology, alongside the increasing focus on sustainability, contribute to shaping the future of hydropower in this vibrant region.

    APAC Hydropower Market Region

    Source: Primary Research, Secondary Research, Market Research Future Database and Analyst Review

    Key Players and Competitive Insights

    The APAC Hydropower Market is experiencing significant transformation as renewable energy sources gain traction in the region. With countries looking to reduce their dependence on fossil fuels and meet international climate agreements, hydropower has emerged as a prominent solution due to its capacity for generating substantial amounts of electricity while ensuring environmental sustainability. The competitive landscape is characterized by various players focusing on leveraging technological advancements, enhancing efficiency, and improving the sustainability of hydropower projects.

    Companies that can adapt to regulatory changes, invest in innovative technologies, and engage in strategic partnerships are likely to establish a strong foothold in the APAC hydropower market. This market's dynamics are shaped by the demand for clean energy solutions, governmental policies supporting renewable energy, and the financial viability of hydropower projects in different countries.State Grid Corporation of China plays a pivotal role in the APAC hydropower market, exhibiting significant strengths through its extensive network and infrastructure capabilities. As one of the largest utility companies in the world, it boasts robust expertise in power generation, transmission, and distribution.

    The corporation's involvement in hydropower extends beyond mere electricity generation; it encompasses comprehensive initiatives from project design to operational management. Through strategic investments and collaborations, the State Grid Corporation of China has been able to enhance its market presence and drive operational efficiencies across various hydropower facilities in the region. Its scale and integration allow it to leverage economies of scale, thereby reducing costs and improving service delivery, which contributes to its competitive advantage in the growing hydropower sector.RusHydro, another key player in the APAC hydropower market, focuses on renewable energy innovation and infrastructure development.

    This company has expanded its market presence by offering a range of services, including the design, construction, and operation of hydropower plants. RusHydro’s strengths lie in its technological advancements and commitment to sustainability, allowing it to optimize energy generation while minimizing environmental impact. The company is also recognized for pursuing strategic mergers and acquisitions aimed at enhancing its operational capabilities within the region. Its diverse portfolio includes various hydropower projects designed to meet the rising energy demands of APAC countries while fostering economic growth and environmental sustainability.

    By aligning its operations with regional energy policies, RusHydro seeks to solidify its position as a leader in the hydropower market, contributing to the overall expansion of renewable energy across APAC.

    Key Companies in the APAC Hydropower Market market include

    Industry Developments

    The APAC Hydropower Market is witnessing significant developments as governments and corporations focus on renewable energy investments. Recently, in September 2023, State Grid Corporation of China announced plans to enhance its hydropower capacity to meet increasing energy demands, aligning with China's commitment to carbon neutrality. Meanwhile, in October 2023, China Huaneng Group unveiled a large-scale hydropower project in Yunnan Province that is expected to generate approximately 6,000 megawatts of power, showcasing the region's commitment to expand sustainable energy sources.

    Companies like General Electric and Voith Hydro are actively involved in upgrading existing infrastructures with new hydro technology to improve efficiency and reduce environmental impacts. In terms of mergers and acquisitions, Electricite de France and National Hydroelectric Power Corporation are reported to be in talks for collaborative projects aimed at joint renewable energy initiatives as of November 2023. The market valuation of APAC Hydropower companies has seen positive growth, driven by heightened investments and government support, impacting overall energy stability in the region.

    In the past few years, major projects in countries like India and Vietnam have reinforced hydropower's role in their energy strategies.

    Market Segmentation

    Outlook

    • China
    • India
    • Japan
    • South Korea
    • Malaysia
    • Thailand
    • Indonesia
    • Rest of APAC

    Report Scope

    Report Attribute/Metric Source: Details
    MARKET SIZE 2023 127.25 (USD Billion)
    MARKET SIZE 2024 132.68 (USD Billion)
    MARKET SIZE 2035 220.16 (USD Billion)
    COMPOUND ANNUAL GROWTH RATE (CAGR) 4.711% (2025 - 2035)
    REPORT COVERAGE Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
    BASE YEAR 2024
    MARKET FORECAST PERIOD 2025 - 2035
    HISTORICAL DATA 2019 - 2024
    MARKET FORECAST UNITS USD Billion
    KEY COMPANIES PROFILED State Grid Corporation of China, RusHydro, Electricite de France, Inner Mongolia Yitai Coal Co., Ltd., General Electric, China Huaneng Group, China Yangtze Power, China Three Gorges Corporation, Sungrow Power Supply, Toshiba Energy Systems and Solutions Corporation, Korea Hydro and Nuclear Power Co., Ltd., Voith Hydro, National Hydroelectric Power Corporation, Powerchina, Andritz Hydro
    SEGMENTS COVERED Capacity, Component, End User, Regional
    KEY MARKET OPPORTUNITIES Increased government support initiatives, Aging infrastructure modernization projects, Rising demand for renewable energy, Expansion of micro-hydropower solutions, Cross-border hydropower trade potential
    KEY MARKET DYNAMICS Infrastructure investment growth, Government policy support, Renewable energy transition, Climate change adaptation, Technological advancements in efficiency
    COUNTRIES COVERED China, India, Japan, South Korea, Malaysia, Thailand, Indonesia, Rest of APAC

    FAQs

    What is the expected market size of the APAC Hydropower Market by 2035?

    The APAC Hydropower Market is expected to be valued at approximately 220.16 USD Billion by the year 2035.

    What is the anticipated CAGR for the APAC Hydropower Market from 2025 to 2035?

    The expected CAGR for the APAC Hydropower Market from 2025 to 2035 is 4.711 percent.

    Which region holds the largest share of the APAC Hydropower Market by 2035?

    By 2035, China is expected to hold the largest market share in the APAC Hydropower Market, valued at 110.0 USD Billion.

    How much is the APAC Hydropower Market in India valued at in 2024?

    In 2024, the APAC Hydropower Market in India is valued at 30.0 USD Billion.

    Who are the major players in the APAC Hydropower Market?

    Key players in the APAC Hydropower Market include State Grid Corporation of China, RusHydro, and Electricite de France among others.

    What is the market size of Large & Medium Hydropower in 2024?

    The market size for Large & Medium Hydropower in the APAC Hydropower Market is valued at 77.61 USD Billion in 2024.

    What is the expected market value of Mini Hydropower by 2035?

    The expected market value of Mini Hydropower in the APAC Hydropower Market is projected to be 37.17 USD Billion by 2035.

    What growth opportunities are present in the APAC Hydropower Market?

    The APAC Hydropower Market presents growth opportunities driven by increasing renewable energy adoption and technological advancements.

    How much is the Japan Hydropower Market valued at in 2035?

    In 2035, the hydropower market in Japan is expected to be valued at 28.0 USD Billion.

    What is the market size for Small Hydropower in 2024?

    The market size for Small Hydropower in the APAC Hydropower Market is valued at 21.53 USD Billion in 2024.

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