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Hydro-Pumped Storage Plants-Global Market Insights and Sales Trends 2024
Synopsis
Hydro-pumped Storage is an altered use of conventional hydropower technology to store and manage energy. Hydro pumped storage projects store electricity by circulating water between an upper and lower reservoir. The electric energy is converted to potential energy and stored in the form of water at an upper elevation. Pumping the water uphill for temporary storage recharges the battery and during periods of high electricity demand the stored water is released back through the turbines and converted back to electricity like a conventional hydropower station.
The global Hydro-Pumped Storage Plants market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Hydro-Pumped Storage Plants in various end use industries. The expanding demands from the Energy Balancing, Stability, Storage Capacity and Ancillary Grid Services, are propelling Hydro-Pumped Storage Plants market. Single Reversible Pump Turbines, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Separate Pump segment is estimated at % CAGR for the next seven-year period.
The increasing demand for energy storage systems and the emergence of ancillary services are two of the primary factors that are driving the global market for hydro-pumped storage plants. It has also been noted that hydro-pumped storage is gaining traction because of the increased importance of grid stability, along with the need for load balancing and energy storage. Moreover, the requirement of alternative energy sources with black start capability, reactive power generation, and an ability to operate as a spinning reserve are other factors that augur well for the future of this market during the forecast period.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Hydro-Pumped Storage Plants, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Hydro-Pumped Storage Plants market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Hydro-Pumped Storage Plants market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Hydro-Pumped Storage Plants sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Hydro-Pumped Storage Plants covered in this report include ABB, Alstom, Gugler, Voith hydro, Hong Kong Pumped Storage Development Company Limited, Sulzer, Toshiba Corp and Tractebel Engineering, etc.
The global Hydro-Pumped Storage Plants market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
ABB
Alstom
Gugler
Voith hydro
Hong Kong Pumped Storage Development Company Limited
Sulzer
Toshiba Corp
Tractebel Engineering
Global Hydro-Pumped Storage Plants market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Hydro-Pumped Storage Plants market, Segment by Type:
Single Reversible Pump Turbines
Separate Pump
Turbine Generators
Global Hydro-Pumped Storage Plants market, by Application
Energy Balancing
Stability
Storage Capacity
Ancillary Grid Services
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Hydro-Pumped Storage Plants manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Hydro-Pumped Storage Plants in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Hydro-pumped Storage is an altered use of conventional hydropower technology to store and manage energy. Hydro pumped storage projects store electricity by circulating water between an upper and lower reservoir. The electric energy is converted to potential energy and stored in the form of water at an upper elevation. Pumping the water uphill for temporary storage recharges the battery and during periods of high electricity demand the stored water is released back through the turbines and converted back to electricity like a conventional hydropower station.
The global Hydro-Pumped Storage Plants market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Hydro-Pumped Storage Plants in various end use industries. The expanding demands from the Energy Balancing, Stability, Storage Capacity and Ancillary Grid Services, are propelling Hydro-Pumped Storage Plants market. Single Reversible Pump Turbines, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Separate Pump segment is estimated at % CAGR for the next seven-year period.
The increasing demand for energy storage systems and the emergence of ancillary services are two of the primary factors that are driving the global market for hydro-pumped storage plants. It has also been noted that hydro-pumped storage is gaining traction because of the increased importance of grid stability, along with the need for load balancing and energy storage. Moreover, the requirement of alternative energy sources with black start capability, reactive power generation, and an ability to operate as a spinning reserve are other factors that augur well for the future of this market during the forecast period.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Hydro-Pumped Storage Plants, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Hydro-Pumped Storage Plants market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Hydro-Pumped Storage Plants market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Hydro-Pumped Storage Plants sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Hydro-Pumped Storage Plants covered in this report include ABB, Alstom, Gugler, Voith hydro, Hong Kong Pumped Storage Development Company Limited, Sulzer, Toshiba Corp and Tractebel Engineering, etc.
The global Hydro-Pumped Storage Plants market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
ABB
Alstom
Gugler
Voith hydro
Hong Kong Pumped Storage Development Company Limited
Sulzer
Toshiba Corp
Tractebel Engineering
Global Hydro-Pumped Storage Plants market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Hydro-Pumped Storage Plants market, Segment by Type:
Single Reversible Pump Turbines
Separate Pump
Turbine Generators
Global Hydro-Pumped Storage Plants market, by Application
Energy Balancing
Stability
Storage Capacity
Ancillary Grid Services
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Hydro-Pumped Storage Plants manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Hydro-Pumped Storage Plants in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Hydro-Pumped Storage Plants Market Overview
1.1 Hydro-Pumped Storage Plants Product Overview
1.2 Hydro-Pumped Storage Plants Market Segment by Type
1.2.1 Single Reversible Pump Turbines
1.2.2 Separate Pump
1.2.3 Turbine Generators
1.3 Global Hydro-Pumped Storage Plants Market Size by Type
1.3.1 Global Hydro-Pumped Storage Plants Market Size Overview by Type (2018-2029)
1.3.2 Global Hydro-Pumped Storage Plants Historic Market Size Review by Type (2018-2023)
1.3.3 Global Hydro-Pumped Storage Plants Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Hydro-Pumped Storage Plants Sales Breakdown by Type (2018-2023)
1.4.2 Europe Hydro-Pumped Storage Plants Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Hydro-Pumped Storage Plants Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Hydro-Pumped Storage Plants Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Hydro-Pumped Storage Plants Sales Breakdown by Type (2018-2023)
2 Global Hydro-Pumped Storage Plants Market Competition by Company
2.1 Global Top Players by Hydro-Pumped Storage Plants Sales (2018-2023)
2.2 Global Top Players by Hydro-Pumped Storage Plants Revenue (2018-2023)
2.3 Global Top Players by Hydro-Pumped Storage Plants Price (2018-2023)
2.4 Global Top Manufacturers Hydro-Pumped Storage Plants Manufacturing Base Distribution, Sales Area, Product Type
2.5 Hydro-Pumped Storage Plants Market Competitive Situation and Trends
2.5.1 Hydro-Pumped Storage Plants Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Hydro-Pumped Storage Plants Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Hydro-Pumped Storage Plants as of 2022)
2.7 Date of Key Manufacturers Enter into Hydro-Pumped Storage Plants Market
2.8 Key Manufacturers Hydro-Pumped Storage Plants Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Hydro-Pumped Storage Plants Status and Outlook by Region
3.1 Global Hydro-Pumped Storage Plants Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Hydro-Pumped Storage Plants Historic Market Size by Region
3.2.1 Global Hydro-Pumped Storage Plants Sales in Volume by Region (2018-2023)
3.2.2 Global Hydro-Pumped Storage Plants Sales in Value by Region (2018-2023)
3.2.3 Global Hydro-Pumped Storage Plants Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Hydro-Pumped Storage Plants Forecasted Market Size by Region
3.3.1 Global Hydro-Pumped Storage Plants Sales in Volume by Region (2024-2029)
3.3.2 Global Hydro-Pumped Storage Plants Sales in Value by Region (2024-2029)
3.3.3 Global Hydro-Pumped Storage Plants Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Hydro-Pumped Storage Plants by Application
4.1 Hydro-Pumped Storage Plants Market Segment by Application
4.1.1 Energy Balancing
4.1.2 Stability
4.1.3 Storage Capacity
4.1.4 Ancillary Grid Services
4.2 Global Hydro-Pumped Storage Plants Market Size by Application
4.2.1 Global Hydro-Pumped Storage Plants Market Size Overview by Application (2018-2029)
4.2.2 Global Hydro-Pumped Storage Plants Historic Market Size Review by Application (2018-2023)
4.2.3 Global Hydro-Pumped Storage Plants Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Hydro-Pumped Storage Plants Sales Breakdown by Application (2018-2023)
4.3.2 Europe Hydro-Pumped Storage Plants Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Hydro-Pumped Storage Plants Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Hydro-Pumped Storage Plants Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Hydro-Pumped Storage Plants Sales Breakdown by Application (2018-2023)
5 North America Hydro-Pumped Storage Plants by Country
5.1 North America Hydro-Pumped Storage Plants Historic Market Size by Country
5.1.1 North America Hydro-Pumped Storage Plants Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Hydro-Pumped Storage Plants Sales in Volume by Country (2018-2023)
5.1.3 North America Hydro-Pumped Storage Plants Sales in Value by Country (2018-2023)
5.2 North America Hydro-Pumped Storage Plants Forecasted Market Size by Country
5.2.1 North America Hydro-Pumped Storage Plants Sales in Volume by Country (2024-2029)
5.2.2 North America Hydro-Pumped Storage Plants Sales in Value by Country (2024-2029)
6 Europe Hydro-Pumped Storage Plants by Country
6.1 Europe Hydro-Pumped Storage Plants Historic Market Size by Country
6.1.1 Europe Hydro-Pumped Storage Plants Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Hydro-Pumped Storage Plants Sales in Volume by Country (2018-2023)
6.1.3 Europe Hydro-Pumped Storage Plants Sales in Value by Country (2018-2023)
6.2 Europe Hydro-Pumped Storage Plants Forecasted Market Size by Country
6.2.1 Europe Hydro-Pumped Storage Plants Sales in Volume by Country (2024-2029)
6.2.2 Europe Hydro-Pumped Storage Plants Sales in Value by Country (2024-2029)
7 Asia-Pacific Hydro-Pumped Storage Plants by Region
7.1 Asia-Pacific Hydro-Pumped Storage Plants Historic Market Size by Region
7.1.1 Asia-Pacific Hydro-Pumped Storage Plants Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Hydro-Pumped Storage Plants Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Hydro-Pumped Storage Plants Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Hydro-Pumped Storage Plants Forecasted Market Size by Region
7.2.1 Asia-Pacific Hydro-Pumped Storage Plants Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Hydro-Pumped Storage Plants Sales in Value by Region (2024-2029)
8 Latin America Hydro-Pumped Storage Plants by Country
8.1 Latin America Hydro-Pumped Storage Plants Historic Market Size by Country
8.1.1 Latin America Hydro-Pumped Storage Plants Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Hydro-Pumped Storage Plants Sales in Volume by Country (2018-2023)
8.1.3 Latin America Hydro-Pumped Storage Plants Sales in Value by Country (2018-2023)
8.2 Latin America Hydro-Pumped Storage Plants Forecasted Market Size by Country
8.2.1 Latin America Hydro-Pumped Storage Plants Sales in Volume by Country (2024-2029)
8.2.2 Latin America Hydro-Pumped Storage Plants Sales in Value by Country (2024-2029)
9 Middle East and Africa Hydro-Pumped Storage Plants by Country
9.1 Middle East and Africa Hydro-Pumped Storage Plants Historic Market Size by Country
9.1.1 Middle East and Africa Hydro-Pumped Storage Plants Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Hydro-Pumped Storage Plants Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Hydro-Pumped Storage Plants Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Hydro-Pumped Storage Plants Forecasted Market Size by Country
9.2.1 Middle East and Africa Hydro-Pumped Storage Plants Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Hydro-Pumped Storage Plants Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 ABB
10.1.1 ABB Company Information
10.1.2 ABB Introduction and Business Overview
10.1.3 ABB Hydro-Pumped Storage Plants Sales, Revenue and Gross Margin (2018-2023)
10.1.4 ABB Hydro-Pumped Storage Plants Products Offered
10.1.5 ABB Recent Development
10.2 Alstom
10.2.1 Alstom Company Information
10.2.2 Alstom Introduction and Business Overview
10.2.3 Alstom Hydro-Pumped Storage Plants Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Alstom Hydro-Pumped Storage Plants Products Offered
10.2.5 Alstom Recent Development
10.3 Gugler
10.3.1 Gugler Company Information
10.3.2 Gugler Introduction and Business Overview
10.3.3 Gugler Hydro-Pumped Storage Plants Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Gugler Hydro-Pumped Storage Plants Products Offered
10.3.5 Gugler Recent Development
10.4 Voith hydro
10.4.1 Voith hydro Company Information
10.4.2 Voith hydro Introduction and Business Overview
10.4.3 Voith hydro Hydro-Pumped Storage Plants Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Voith hydro Hydro-Pumped Storage Plants Products Offered
10.4.5 Voith hydro Recent Development
10.5 Hong Kong Pumped Storage Development Company Limited
10.5.1 Hong Kong Pumped Storage Development Company Limited Company Information
10.5.2 Hong Kong Pumped Storage Development Company Limited Introduction and Business Overview
10.5.3 Hong Kong Pumped Storage Development Company Limited Hydro-Pumped Storage Plants Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Hong Kong Pumped Storage Development Company Limited Hydro-Pumped Storage Plants Products Offered
10.5.5 Hong Kong Pumped Storage Development Company Limited Recent Development
10.6 Sulzer
10.6.1 Sulzer Company Information
10.6.2 Sulzer Introduction and Business Overview
10.6.3 Sulzer Hydro-Pumped Storage Plants Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Sulzer Hydro-Pumped Storage Plants Products Offered
10.6.5 Sulzer Recent Development
10.7 Toshiba Corp
10.7.1 Toshiba Corp Company Information
10.7.2 Toshiba Corp Introduction and Business Overview
10.7.3 Toshiba Corp Hydro-Pumped Storage Plants Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Toshiba Corp Hydro-Pumped Storage Plants Products Offered
10.7.5 Toshiba Corp Recent Development
10.8 Tractebel Engineering
10.8.1 Tractebel Engineering Company Information
10.8.2 Tractebel Engineering Introduction and Business Overview
10.8.3 Tractebel Engineering Hydro-Pumped Storage Plants Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Tractebel Engineering Hydro-Pumped Storage Plants Products Offered
10.8.5 Tractebel Engineering Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Hydro-Pumped Storage Plants Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Hydro-Pumped Storage Plants Industrial Chain Analysis
11.4 Hydro-Pumped Storage Plants Market Dynamics
11.4.1 Hydro-Pumped Storage Plants Industry Trends
11.4.2 Hydro-Pumped Storage Plants Market Drivers
11.4.3 Hydro-Pumped Storage Plants Market Challenges
11.4.4 Hydro-Pumped Storage Plants Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Hydro-Pumped Storage Plants Distributors
12.3 Hydro-Pumped Storage Plants Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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