United States Hydropower Market worth $348.2 billion by 2030 - Exclusive Report by DatamIntelligence

"Global Hydropower Market reached US$ 244.1 billion in 2022 and is expected to reach US$ 348.2 billion by 2030, growing with a CAGR of 4.8% during the forecast period 2024-2031." As per DataM intelligence research report

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United States: Recent Industry Developments

✅ In October 2025, Google signed a $3 billion agreement with Brookfield's renewable energy arm to secure long-term access to hydroelectric power. This deal comprises two 20-year power purchase agreements, marking the largest of its kind for hydroelectric energy in the U.S.

✅ In August 2025, the U.S. Energy Information Administration projected a 7.5% increase in hydropower generation for 2025, reaching 259.1 billion kilowatt-hours. This growth reflects a rebound from the previous year's low and underscores hydropower's role in the nation's renewable energy mix.

✅ In July 2025, the U.S. hydropower sector faced infrastructure challenges, as highlighted by the American Society of Civil Engineers' 2025 Infrastructure Report Card. Despite ongoing challenges, the sector continues to be a significant contributor to renewable energy generation.

✅ In June 2025, the U.S. Department of Energy reported that 56 pumped storage hydropower projects were under construction worldwide. These projects are expected to increase global pumped storage capacity by 38%, enhancing grid stability and energy storage capabilities.

Japan: Recent Industry Developments

✅ In October 2025, Japan's Ministry of Economy, Trade and Industry announced a comprehensive hydropower development plan. The initiative aims to increase the country's hydropower capacity by 20% by 2030, focusing on upgrading existing facilities and exploring new sites.

✅ In August 2025, the Japan Hydropower Association reported that the country's hydropower generation increased by 5% in the first half of 2025 compared to the same period in 2024. This growth is attributed to favorable rainfall patterns and improved operational efficiencies.

✅ In July 2025, Japan's Kyushu Electric Power Company completed the modernization of the Yabakei Hydroelectric Power Plant. The upgrade enhances the plant's efficiency and capacity, contributing to the country's renewable energy goals.

✅ In June 2025, Japan's government allocated ¥50 billion to support the development of small-scale hydropower projects in rural areas. The funding aims to promote local energy production and reduce dependence on fossil fuels.

hydropower Market: Drivers

The hydropower market is experiencing strong growth, driven by increasing global demand for renewable and sustainable energy sources, rising investments in clean energy infrastructure, and government initiatives to reduce carbon emissions. Hydropower provides reliable, low-cost, and renewable electricity generation, making it a key component of national energy strategies, particularly in regions with abundant water resources. Advances in turbine technology, pumped storage, small-scale and run-of-the-river systems are enhancing efficiency, operational flexibility, and environmental sustainability. Expansion of energy infrastructure, supportive policies, and incentives for renewable energy adoption are further fueling market growth. Increasing focus on climate change mitigation, energy security, and grid stability is boosting the adoption of hydropower solutions worldwide.

Leading companies such as GE Renewable Energy, Andritz Hydro, Voith Hydro, and China Yangtze Power are investing in advanced hydropower projects, including large-scale dams, small hydropower plants, and pumped storage solutions. Research into eco-friendly designs, sediment management, and digital monitoring systems is improving operational efficiency and reducing environmental impact. Strategic collaborations between technology providers, governments, and financial institutions are accelerating project development and deployment. Growing investments in electrification, rural development, and sustainable energy infrastructure are driving market expansion. With continuous technological innovation, supportive policies, and rising global energy demand, the hydropower market is poised for sustained global growth.

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hydropower Market: Major Players

China Three Gorges Corporation, Electricite de France S.A., Hydro-Quebec, Duke Energy Corporation, Centrais Elétricas Brasileiras S.A., PJSC RusHydro, Ontario Power Generation Inc., Statkraft AS., Sn Power Holding Singapore Pte. Ltd and Itaipu Binacional.

Segment Covered in the hydropower Market:

➥ By Technology: Conventional Hydropower, Impoundment or Reservoir, Run-of-River, Pumped Storage Hydropower

➥ By Application: Electricity Generation, Load Balancing and Grid Stability, Microgrid Solutions, Aquaculture and Fish Farms, Industrial Processes, Others

➥ By Size: Large-Scale Hydropower, Medium-Scale Hydropower, Small-Scale and Micro Hydropower

Research Process:

Both primary and secondary data sources have been used in the hydropower Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.

Most Frequently Asked Questions in the hydropower Market Research Industry:

➠ Who leads the hydropower industry and what's their competitive positioning regarding capacity, performance, and profitability?
➠ What growth opportunities and market challenges do hydropower market vendors face?
➠ Which segments show the highest growth potential and market share distribution?
➠ What factors are driving or limiting hydropower market growth?
➠ What are the dominant sales and distribution strategies in the hydropower industry?

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Regional Analysis:

⇥ North America (U.S., Canada, Mexico)
⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)
⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)
⇥ South America (Colombia, Brazil, Argentina, Rest of South America)
⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

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✅ Competitive Landscape
✅ Technology Roadmap Analysis
✅ Sustainability Impact Analysis
✅ KOL / Stakeholder Insights
✅ Consumer Behavior & Demand Analysis
✅ Import-Export Data Monitoring
✅ Live Market & Pricing Trends

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