Small Hydropower Market Size

Small Hydropower Market size was valued at USD 5.37 billion in 2024 and is likely to cross USD 8.09 billion by 2037, registering more than 3.2% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of calcium bromide is assessed at USD 5.51 billion. The rising global population demand for electricity, combined with the growing use of small hydropower in electricity generation, is expected to drive market growth in the coming years. 

 The increasing financial incentives, policy initiatives, and rising investment in hydropower projects across the globe for rural electricity generation are also estimated to drive market growth across the world in the coming years. The installed hydropower electrical capacity worldwide touched about 1400 GW in 2021, exhibiting the largest share of all renewable energy technologies.

The growing need for electricity with the adoption of digital technology in various sectors is further propelling market growth.