Hydro-Pumped Storage Plants Market 2024-2028
Incremental Growth2024-2028 (US$bn)
$ 149.2
2024 Year-over-Year Growth
6.86%
CAGR (2024-2028)
7.37%
Report Coverage
Global
Hydro-Pumped Storage Plants Market Segmentation
Market Segmentation & Scope
Market Segment by Geographic Landscape
44%
of the growth will originate
from APAC
Global Market Size 2018 - 2028 (US$ Bn)
Market is segmented by Application into Load balancing, Ancillary grid services, Stability, Storage capacity
The Load balancing is expected to be largest growing segment during 2024-2028
Largest Segment - Load balancing
US$ 500.70 Bn
Hydro-Pumped Storage Plants Market by Application into Load balancing; 2018-2028 (US$ Bn)
Load balancing Market Revenue and Forecast 2018-2028 (US$ Bn)Load balancing
- Load balancing Market Size and Forecast 2018 to 2028 (US$ Bn)
Hydro-Pumped Storage Plants Market by Application into Ancillary grid services; 2018-2028 (US$ Bn)
Ancillary grid services Market Revenue and Forecast 2018-2028 (US$ Bn)Ancillary grid services
- Ancillary grid services Market Size and Forecast 2018 to 2028 (US$ Bn)
Hydro-Pumped Storage Plants Market by Application into Stability; 2018-2028 (US$ Bn)
Stability Market Revenue and Forecast 2018-2028 (US$ Bn)Stability
- Stability Market Size and Forecast 2018 to 2028 (US$ Bn)
Hydro-Pumped Storage Plants Market by Application into Storage capacity; 2018-2028 (US$ Bn)
Storage capacity Market Revenue and Forecast 2018-2028 (US$ Bn)Storage capacity
- Storage capacity Market Size and Forecast 2018 to 2028 (US$ Bn)
Market is segmented by Type into Open-loop, Closed-loop
The Open-loop is expected to be largest growing segment during 2024-2028
Largest Segment - Open-loop
US$ 858.40 Bn
Hydro-Pumped Storage Plants Market Size by Segmentation, by Type (US$ Bn)
| Type | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | CAGR (%) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Open-loop | 154.20 | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX |
| Closed-loop | XX | 118.40 | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX |
Hydro-Pumped Storage Plants Market by Type into Open-loop; 2018-2028 (US$ Bn)
Open-loop Market Revenue and Forecast 2018-2028 (US$ Bn)Open-loop
- Open-loop Market Size and Forecast 2018 to 2028 (US$ Bn)
Hydro-Pumped Storage Plants Market by Type into Closed-loop; 2018-2028 (US$ Bn)
Closed-loop Market Revenue and Forecast 2018-2028 (US$ Bn)Closed-loop
- Closed-loop Market Size and Forecast 2018 to 2028 (US$ Bn)
Market is segmented by Geography into APAC, Europe, North America, South America, Middle East and Africa
The APAC is estimated to contribute 44% to the growth of global market during the forecast period 2024-2028.
Largest Segment - APAC
44%
Regional share of different regions, including APAC, Europe, North America, South America
| Region | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | CAGR (%) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| APAC | 112.80 | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX |
| Europe | XX | 73.20 | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX |
| North America | XX | XX | 58.80 | XX | XX | XX | XX | XX | XX | XX | XX | XX |
| South America | XX | XX | XX | 20.90 | 22.20 | XX | XX | XX | XX | XX | XX | XX |
| Middle East and Africa | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX |
Hydro-Pumped Storage Plants Market Size by Geography into APAC; 2018-2028 (US$ Bn)
APAC Market Revenue and Forecast 2018-2028 (US$ Bn)Hydro-Pumped Storage Plants Market Size by Country into China; 2018-2028 (US$ Bn)
China Market Revenue and Forecast 2018-2028 (US$ Bn)Hydro-Pumped Storage Plants Market Size by Country into Japan; 2018-2028 (US$ Bn)
Japan Market Revenue and Forecast 2018-2028 (US$ Bn)Hydro-Pumped Storage Plants Market Size by Geography into Europe; 2018-2028 (US$ Bn)
Europe Market Revenue and Forecast 2018-2028 (US$ Bn)Hydro-Pumped Storage Plants Market Size by Country into Germany; 2018-2028 (US$ Bn)
Germany Market Revenue and Forecast 2018-2028 (US$ Bn)Hydro-Pumped Storage Plants Market Size by Country into Italy; 2018-2028 (US$ Bn)
Italy Market Revenue and Forecast 2018-2028 (US$ Bn)Hydro-Pumped Storage Plants Market Size by Geography into North America; 2018-2028 (US$ Bn)
North America Market Revenue and Forecast 2018-2028 (US$ Bn)Hydro-Pumped Storage Plants Market Size by Country into US; 2018-2028 (US$ Bn)
US Market Revenue and Forecast 2018-2028 (US$ Bn)Hydro-Pumped Storage Plants Market Size by Geography into South America; 2018-2028 (US$ Bn)
South America Market Revenue and Forecast 2018-2028 (US$ Bn)Hydro-Pumped Storage Plants Market Size by Geography into Middle East and Africa; 2018-2028 (US$ Bn)
Middle East and Africa Market Revenue and Forecast 2018-2028 (US$ Bn)Major Companies
Market Companies
| Name | Profile | Employees | Headquarters | Website | |
|---|---|---|---|---|---|
| ALSTOM SA | View Profile | 101-250 | Santa Clara, California, United States, North America | avinetworks.com | |
| Andritz AG | View Profile | 101-250 | Santa Clara, California, United States, North America | avinetworks.com | |
| Duke Energy Corp. | View Profile | 101-250 | Santa Clara, California, United States, North America | avinetworks.com | |
| E.ON SE | View Profile | 101-250 | Santa Clara, California, United States, North America | avinetworks.com | |
| Electricite de France SA | View Profile | 101-250 | Santa Clara, California, United States, North America | avinetworks.com | |
| Enel Spa | View Profile | 101-250 | Santa Clara, California, United States, North America | avinetworks.com | |
| Exelon Corp. | View Profile | 101-250 | Santa Clara, California, United States, North America | avinetworks.com | |
| First Hydro Co. | View Profile | 101-250 | Santa Clara, California, United States, North America | avinetworks.com | |
| General Electric Co. | View Profile | 101-250 | Santa Clara, California, United States, North America | avinetworks.com | |
| Gilbert Gilkes and Gordon Ltd. | View Profile | 101-250 | Santa Clara, California, United States, North America | avinetworks.com | |
| HD Hyundai Co. Ltd. | View Profile | 101-250 | Santa Clara, California, United States, North America | avinetworks.com | |
| Hitachi Ltd. | View Profile | 101-250 | Santa Clara, California, United States, North America | avinetworks.com | |
| Iberdrola SA | View Profile | 101-250 | Santa Clara, California, United States, North America | avinetworks.com | |
| Mitsubishi Electric Corp. | View Profile | 101-250 | Santa Clara, California, United States, North America | avinetworks.com | |
| Siemens AG | View Profile | 101-250 | Santa Clara, California, United States, North America | avinetworks.com | |
| Sulzer Ltd. | View Profile | 101-250 | Santa Clara, California, United States, North America | avinetworks.com | |
| Sumitomo Electric Industries Ltd. | View Profile | 101-250 | Santa Clara, California, United States, North America | avinetworks.com | |
| Toshiba Corp. | View Profile | 101-250 | Santa Clara, California, United States, North America | avinetworks.com | |
| voestalpine AG | View Profile | 101-250 | Santa Clara, California, United States, North America | avinetworks.com | |
| Voith GmbH and Co. KGaA | View Profile | 101-250 | Santa Clara, California, United States, North America | avinetworks.com |
Hydro-Pumped Storage Plants Market Scope
- By Application
- Introduction / Key Findings
- Historical Market Size Value (US$ billion) Analysis By Application, 2017 to 2022
- Current and Future Market Size Value (US$ billion) Analysis and Forecast By Application, 2024 to 2028
- Y-o-Y Growth Trend Analysis By Application, 2017 to 2022
- Absolute $ Opportunity Analysis By Application, 2024 to 2028
- By Type
- Introduction / Key Findings
- Historical Market Size Value (US$ billion) Analysis By Type, 2017 to 2022
- Current and Future Market Size Value (US$ billion) Analysis and Forecast By Type, 2024 to 2028
- Y-o-Y Growth Trend Analysis By Type, 2017 to 2022
- Absolute $ Opportunity Analysis By Type, 2024 to 2028
- By Region
- Introduction / Key Findings
- Historical Market Size Value (US$ billion) Analysis By Region, 2017 to 2022
- Current and Future Market Size Value (US$ billion) Analysis and Forecast By Region, 2024 to 2028
- APAC Market Analysis 2017 to 2022 and Forecast 2024 to 2028, By Country
- Historical Market Size Value (US$ billion) Trend Analysis By Market, 2017 to 2022
- Market Size Value (US$ billion) Forecast By Market, 2024 to 2028
- By Country
- By Application
- By Type
- Europe Market Analysis 2017 to 2022 and Forecast 2024 to 2028, By Country
- Historical Market Size Value (US$ billion) Trend Analysis By Market, 2017 to 2022
- Market Size Value (US$ billion) Forecast By Market, 2024 to 2028
- By Country
- By Application
- By Type
- North America Market Analysis 2017 to 2022 and Forecast 2024 to 2028, By Country
- Historical Market Size Value (US$ billion) Trend Analysis By Market, 2017 to 2022
- Market Size Value (US$ billion) Forecast By Market, 2024 to 2028
- By Country
- By Application
- By Type
- South America Market Analysis 2017 to 2022 and Forecast 2024 to 2028, By Country
- Historical Market Size Value (US$ billion) Trend Analysis By Market, 2017 to 2022
- Market Size Value (US$ billion) Forecast By Market, 2024 to 2028
- By Application
- By Type
- Middle East and Africa Market Analysis 2017 to 2022 and Forecast 2024 to 2028, By Country
- Historical Market Size Value (US$ billion) Trend Analysis By Market, 2017 to 2022
- Market Size Value (US$ billion) Forecast By Market, 2024 to 2028
- By Application
- By Type
Major Companies
Market companies
| Name | Profile | Employees | Headquarters | Website | |
|---|---|---|---|---|---|
| ALSTOM SA | View Profile | 101-250 | Santa Clara, California, United States, North America | avinetworks.com | |
| Andritz AG | View Profile | 101-250 | Santa Clara, California, United States, North America | avinetworks.com | |
| Duke Energy Corp. | View Profile | 101-250 | Santa Clara, California, United States, North America | avinetworks.com | |
| E.ON SE | View Profile | 101-250 | Santa Clara, California, United States, North America | avinetworks.com | |
| Electricite de France SA | View Profile | 101-250 | Santa Clara, California, United States, North America | avinetworks.com | |
| Enel Spa | View Profile | 101-250 | Santa Clara, California, United States, North America | avinetworks.com | |
| Exelon Corp. | View Profile | 101-250 | Santa Clara, California, United States, North America | avinetworks.com | |
| First Hydro Co. | View Profile | 101-250 | Santa Clara, California, United States, North America | avinetworks.com | |
| General Electric Co. | View Profile | 101-250 | Santa Clara, California, United States, North America | avinetworks.com | |
| Gilbert Gilkes and Gordon Ltd. | View Profile | 101-250 | Santa Clara, California, United States, North America | avinetworks.com | |
| HD Hyundai Co. Ltd. | View Profile | 101-250 | Santa Clara, California, United States, North America | avinetworks.com | |
| Hitachi Ltd. | View Profile | 101-250 | Santa Clara, California, United States, North America | avinetworks.com | |
| Iberdrola SA | View Profile | 101-250 | Santa Clara, California, United States, North America | avinetworks.com | |
| Mitsubishi Electric Corp. | View Profile | 101-250 | Santa Clara, California, United States, North America | avinetworks.com | |
| Siemens AG | View Profile | 101-250 | Santa Clara, California, United States, North America | avinetworks.com | |
| Sulzer Ltd. | View Profile | 101-250 | Santa Clara, California, United States, North America | avinetworks.com | |
| Sumitomo Electric Industries Ltd. | View Profile | 101-250 | Santa Clara, California, United States, North America | avinetworks.com | |
| Toshiba Corp. | View Profile | 101-250 | Santa Clara, California, United States, North America | avinetworks.com | |
| voestalpine AG | View Profile | 101-250 | Santa Clara, California, United States, North America | avinetworks.com | |
| Voith GmbH and Co. KGaA | View Profile | 101-250 | Santa Clara, California, United States, North America | avinetworks.com |
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