Hydro-Pumped Storage Plants Market Size By Application, Regional Outlook (North America, Europe, Asia Pacific, Middle East & Africa And South America), Growth Potential, Price Trends, Competitive Market Share & Forecast 2023 - 2030 (Financial Impact Analysis)
ID : MRU_
57415 | Date :
Jan, 2023 | Pages :
192 | Region : Global |
Publisher : RI
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 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.
Conversely, the most prominent restraint on the hydro-pumped storage plants market, according to the report, is the requirement of large bodies of water wherever these plants are set up. Additionally, not all locations are ideal for the height variation that is required between two reservoirs for the proper functioning of hydro-pumped storage plants. However, the report finds that the requirement of height variations can be easily overcome via manmade alterations to the topography, which results in a desired size and height measurement. As the pressure mounts on electrical grids globally to cater to the ever-growing demand for energy, the demand for ancillary services is increasing.
The Global Hydro-Pumped Storage Plants Market had reached xxx million USD with a CAGR xx from 2018-2022. Later on, it will go to xxx million USD in 2023 with a CAGR xx % from 2023-2030.
In the global Hydro-Pumped Storage Plants Market, This report focuses particularly in North America, South America, Europe and Asia-Pacific, and Middle East and Africa. This report classifies the Market on the basis of application, type, regions, and manufactures.
In Market segmentation by manufacturers, the report covers the following companies-
ABB
Alstom
Gugler
Voith hydro
Hong Kong Pumped Storage Development Company Limited
Sulzer
Toshiba Corp
Tractebel Engineering
In Market segmentation by geographical regions, the report has analysed the following regions-
North America (USA, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
In Market segmentation by types :
Single Reversible Pump Turbines
Separate Pump
Turbine Generators
In Market segmentation by applications :
Energy Balancing
Stability
Storage Capacity
Ancillary Grid Services
The research provides answers to the following key questions:
• What is the estimated growth rate and Market share and size of the Hydro-Pumped Storage Plants Market for the forecast period 2023-2030?
• What are the driving forces in the Hydro-Pumped Storage Plants Market for the forecast period 2023-2030?
• Who are the prominent Market players and how have they gained a competitive edge over other competitors?
• What are the Market trends influencing the progress of the Hydro-Pumped Storage Plants industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the Market hold for the prominent Market players? Any special requirements about this report, please let us know and we can provide custom report.
Note – In order to provide more accurate market forecast, all our reports will be updated before delivery by considering the impact of COVID-19.
Table of Contents
1 Report Overview
1.1 Research Scope
1.2 Major Manufacturers Covered in This Report
1.3 Market Segment by Type
1.3.1 Global Hydro-Pumped Storage Plants Market Size Growth Rate by Type (2020-2030)
1.3.2 Single Reversible Pump Turbines
1.3.3 Separate Pump
1.3.4 Turbine Generators
1.4 Market Segment by Application
1.4.1 Global Hydro-Pumped Storage Plants Market Share by Application (2020-2030)
1.4.2 Energy Balancing
1.4.3 Stability
1.4.4 Storage Capacity
1.4.5 Ancillary Grid Services
1.5 Study Objectives
1.6 Years Considered
2 Global Growth Trends
2.1 Production and Capacity Analysis
2.1.1 Global Hydro-Pumped Storage Plants Production Value 2015-2030
2.1.2 Global Hydro-Pumped Storage Plants Production 2015-2030
2.1.3 Global Hydro-Pumped Storage Plants Capacity 2015-2030
2.1.4 Global Hydro-Pumped Storage Plants Marketing Pricing and Trends
2.2 Key Producers Growth Rate (CAGR) 2020-2030
2.2.1 Global Hydro-Pumped Storage Plants Market Size CAGR of Key Regions
2.2.2 Global Hydro-Pumped Storage Plants Market Share of Key Regions
2.3 Industry Trends
2.3.1 Market Top Trends
2.3.2 Market Drivers
3 Market Share by Manufacturers
3.1 Capacity and Production by Manufacturers
3.1.1 Global Hydro-Pumped Storage Plants Capacity by Manufacturers
3.1.2 Global Hydro-Pumped Storage Plants Production by Manufacturers
3.2 Revenue by Manufacturers
3.2.1 Hydro-Pumped Storage Plants Revenue by Manufacturers (2018-2022)
3.2.2 Hydro-Pumped Storage Plants Revenue Share by Manufacturers (2018-2022)
3.2.3 Global Hydro-Pumped Storage Plants Market Concentration Ratio (CR5 and HHI)
3.3 Hydro-Pumped Storage Plants Price by Manufacturers
3.4 Key Manufacturers Hydro-Pumped Storage Plants Plants/Factories Distribution and Area Served
3.5 Date of Key Manufacturers Enter into Hydro-Pumped Storage Plants Market
3.6 Key Manufacturers Hydro-Pumped Storage Plants Product Offered
3.7 Mergers & Acquisitions, Expansion Plans
4 Market Size by Type
4.1 Production and Production Value for Each Type
4.1.1 Single Reversible Pump Turbines Production and Production Value (2018-2022)
4.1.2 Separate Pump Production and Production Value (2018-2022)
4.1.3 Turbine Generators Production and Production Value (2018-2022)
4.2 Global Hydro-Pumped Storage Plants Production Market Share by Type
4.3 Global Hydro-Pumped Storage Plants Production Value Market Share by Type
4.4 Hydro-Pumped Storage Plants Ex-factory Price by Type
5 Market Size by Application
5.1 Overview
5.2 Global Hydro-Pumped Storage Plants Consumption by Application
6 Production by Regions
6.1 Global Hydro-Pumped Storage Plants Production (History Data) by Regions 2015-2020
6.2 Global Hydro-Pumped Storage Plants Production Value (History Data) by Regions
6.3 United States
6.3.1 United States Hydro-Pumped Storage Plants Production Growth Rate 2015-2020
6.3.2 United States Hydro-Pumped Storage Plants Production Value Growth Rate 2015-2020
6.3.3 Key Players in United States
6.3.4 United States Hydro-Pumped Storage Plants Import & Export
6.4 European Union
6.4.1 European Union Hydro-Pumped Storage Plants Production Growth Rate 2015-2020
6.4.2 European Union Hydro-Pumped Storage Plants Production Value Growth Rate 2015-2020
6.4.3 Key Players in European Union
6.4.4 European Union Hydro-Pumped Storage Plants Import & Export
6.5 China
6.5.1 China Hydro-Pumped Storage Plants Production Growth Rate 2015-2020
6.5.2 China Hydro-Pumped Storage Plants Production Value Growth Rate 2015-2020
6.5.3 Key Players in China
6.5.4 China Hydro-Pumped Storage Plants Import & Export
6.6 Rest of World
6.6.1 Japan
6.6.2 Korea
6.6.3 India
6.6.4 Southeast Asia
7 Hydro-Pumped Storage Plants Consumption by Regions
7.1 Global Hydro-Pumped Storage Plants Consumption (History Data) by Regions
7.2 United States
7.2.1 United States Hydro-Pumped Storage Plants Consumption by Type
7.2.2 United States Hydro-Pumped Storage Plants Consumption by Application
7.3 European Union
7.3.1 European Union Hydro-Pumped Storage Plants Consumption by Type
7.3.2 European Union Hydro-Pumped Storage Plants Consumption by Application
7.4 China
7.4.1 China Hydro-Pumped Storage Plants Consumption by Type
7.4.2 China Hydro-Pumped Storage Plants Consumption by Application
7.5 Rest of World
7.5.1 Rest of World Hydro-Pumped Storage Plants Consumption by Type
7.5.2 Rest of World Hydro-Pumped Storage Plants Consumption by Application
7.5.1 Japan
7.5.2 Korea
7.5.3 India
7.5.4 Southeast Asia
8 Company Profiles
8.1 ABB
8.1.1 ABB Company Details
8.1.2 Company Description and Business Overview
8.1.3 Production and Revenue of Hydro-Pumped Storage Plants
8.1.4 Hydro-Pumped Storage Plants Product Introduction
8.1.5 ABB Recent Development
8.2 Alstom
8.2.1 Alstom Company Details
8.2.2 Company Description and Business Overview
8.2.3 Production and Revenue of Hydro-Pumped Storage Plants
8.2.4 Hydro-Pumped Storage Plants Product Introduction
8.2.5 Alstom Recent Development
8.3 Gugler
8.3.1 Gugler Company Details
8.3.2 Company Description and Business Overview
8.3.3 Production and Revenue of Hydro-Pumped Storage Plants
8.3.4 Hydro-Pumped Storage Plants Product Introduction
8.3.5 Gugler Recent Development
8.4 Voith hydro
8.4.1 Voith hydro Company Details
8.4.2 Company Description and Business Overview
8.4.3 Production and Revenue of Hydro-Pumped Storage Plants
8.4.4 Hydro-Pumped Storage Plants Product Introduction
8.4.5 Voith hydro Recent Development
8.5 Hong Kong Pumped Storage Development Company Limited
8.5.1 Hong Kong Pumped Storage Development Company Limited Company Details
8.5.2 Company Description and Business Overview
8.5.3 Production and Revenue of Hydro-Pumped Storage Plants
8.5.4 Hydro-Pumped Storage Plants Product Introduction
8.5.5 Hong Kong Pumped Storage Development Company Limited Recent Development
8.6 Sulzer
8.6.1 Sulzer Company Details
8.6.2 Company Description and Business Overview
8.6.3 Production and Revenue of Hydro-Pumped Storage Plants
8.6.4 Hydro-Pumped Storage Plants Product Introduction
8.6.5 Sulzer Recent Development
8.7 Toshiba Corp
8.7.1 Toshiba Corp Company Details
8.7.2 Company Description and Business Overview
8.7.3 Production and Revenue of Hydro-Pumped Storage Plants
8.7.4 Hydro-Pumped Storage Plants Product Introduction
8.7.5 Toshiba Corp Recent Development
8.8 Tractebel Engineering
8.8.1 Tractebel Engineering Company Details
8.8.2 Company Description and Business Overview
8.8.3 Production and Revenue of Hydro-Pumped Storage Plants
8.8.4 Hydro-Pumped Storage Plants Product Introduction
8.8.5 Tractebel Engineering Recent Development
9 Market Forecast
9.1 Global Market Size Forecast
9.1.1 Global Hydro-Pumped Storage Plants Capacity, Production Forecast 2020-2030
9.1.2 Global Hydro-Pumped Storage Plants Production Value Forecast 2020-2030
9.2 Market Forecast by Regions
9.2.1 Global Hydro-Pumped Storage Plants Production and Value Forecast by Regions 2020-2030
9.2.2 Global Hydro-Pumped Storage Plants Consumption Forecast by Regions 2020-2030
9.3 United States
9.3.1 Production and Value Forecast in United States
9.3.2 Consumption Forecast in United States
9.4 European Union
9.4.1 Production and Value Forecast in European Union
9.4.2 Consumption Forecast in European Union
9.5 China
9.5.1 Production and Value Forecast in China
9.5.2 Consumption Forecast in China
9.6 Rest of World
9.6.1 Japan
9.6.2 Korea
9.6.3 India
9.6.4 Southeast Asia
9.7 Forecast by Type
9.7.1 Global Hydro-Pumped Storage Plants Production Forecast by Type
9.7.2 Global Hydro-Pumped Storage Plants Production Value Forecast by Type
9.8 Consumption Forecast by Application
11 Opportunities & Challenges, Threat and Affecting Factors
11.1 Market Opportunities
11.2 Market Challenges
11.3 Porters Five Forces Analysis
12 Key Findings
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.1.1 Research Programs/Design
13.1.1.2 Market Size Estimation
13.1.1.3 Market Breakdown and Data Triangulation
13.1.2 Data Source
13.1.2.1 Secondary Sources
13.1.2.2 Primary Sources
13.2 Author Details
13.3 Disclaimer
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