
The global Mirco Hydropower market size is predicted to grow from US$ 195 million in 2025 to US$ 238 million in 2031; it is expected to grow at a CAGR of 3.4% from 2025 to 2031.
Micro hydropower refers to small-scale hydroelectric systems that generate electricity by harnessing the energy from flowing water, typically in streams or rivers. These systems are characterized by their relatively low power output, usually ranging from 1 kW to 100 kW. Micro hydropower systems are designed to serve off-grid communities, rural areas, or specific industrial applications where access to the main electricity grid is limited or unavailable. The key components of a micro hydropower system include a turbine, generator, control systems, and an energy storage or distribution system. Unlike large-scale hydropower plants, micro hydropower systems are generally less disruptive to the environment and have lower capital costs, making them an attractive option for localized, sustainable power generation.
The micro hydropower market is currently growing, albeit at a slower pace compared to other renewable energy sectors like solar and wind. It is mainly driven by the increasing demand for decentralized power generation, energy security, and sustainable solutions in off-grid and rural regions. Micro hydropower systems are being adopted primarily in developing countries where electricity access remains a challenge. Additionally, many developed countries are exploring micro hydropower as a means to complement their renewable energy mix, especially in regions with abundant water resources. According to recent reports, the micro hydropower market is witnessing growth due to the rising awareness of climate change, coupled with government incentives and subsidies for small-scale renewable energy projects.
Despite the positive outlook, the micro hydropower market faces certain challenges. The installation of micro hydropower systems is highly dependent on the availability of suitable water resources, which limits the potential for widespread deployment. Moreover, the regulatory framework in many regions is often inadequate, causing delays in project approvals and reducing investor confidence. Although the technology is well-established, the high initial capital costs and long payback periods can be a deterrent for some stakeholders. However, increasing investment in renewable energy infrastructure and favorable government policies are contributing to the steady expansion of the market, particularly in remote and rural areas.
The future of micro hydropower is promising, driven by advancements in technology, a global shift toward sustainable energy, and the growing emphasis on energy access in rural and underserved regions. One of the key trends is the development of more efficient and cost-effective turbines and generators. Modern micro hydropower systems are being designed to work with lower water flows, making them suitable for a wider range of water sources. Innovations such as cross-flow turbines, which are less sensitive to changes in water flow, and more durable, lightweight materials for turbines and generators are making micro hydropower systems more efficient and affordable.
The “Mirco Hydropower Industry Forecast” looks at past sales and reviews total world Mirco Hydropower sales in 2024, providing a comprehensive analysis by region and market sector of projected Mirco Hydropower sales for 2025 through 2031. With Mirco Hydropower sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Mirco Hydropower industry.
This Insight Report provides a comprehensive analysis of the global Mirco Hydropower landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on Mirco Hydropower portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Mirco Hydropower market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Mirco Hydropower and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Mirco Hydropower.
This report presents a comprehensive overview, market shares, and growth opportunities of Mirco Hydropower market by product type, application, key players and key regions and countries.
Segmentation by Type:
Reaction Turbine
Propeller Turbine
Francis Turbine
Others
Segmentation by Application:
Industrial
Residential
Commercial
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Voith GmbH & Co. KGaA
Andritz Hydro
GE
Toshiba
Gilbert Gilkes & Gordon Ltd
Mavel
Hydrotu
Ganz EEPM
Canyon Hydro
Global Hydro
ScottHydroElectric
Siapro
Suneco Hydro
TES Vsetín
Smart Hydro Power
Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.
1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Mirco Hydropower Market Size (2020-2031)
2.1.2 Mirco Hydropower Market Size CAGR by Region (2020 VS 2024 VS 2031)
2.1.3 World Current & Future Analysis for Mirco Hydropower by Country/Region (2020, 2024 & 2031)
2.2 Mirco Hydropower Segment by Type
2.2.1 Reaction Turbine
2.2.2 Propeller Turbine
2.2.3 Francis Turbine
2.2.4 Others
2.3 Mirco Hydropower Market Size by Type
2.3.1 Mirco Hydropower Market Size CAGR by Type (2020 VS 2024 VS 2031)
2.3.2 Global Mirco Hydropower Market Size Market Share by Type (2020-2025)
2.4 Mirco Hydropower Segment by Application
2.4.1 Industrial
2.4.2 Residential
2.4.3 Commercial
2.5 Mirco Hydropower Market Size by Application
2.5.1 Mirco Hydropower Market Size CAGR by Application (2020 VS 2024 VS 2031)
2.5.2 Global Mirco Hydropower Market Size Market Share by Application (2020-2025)
3 Mirco Hydropower Market Size by Player
3.1 Mirco Hydropower Market Size Market Share by Player
3.1.1 Global Mirco Hydropower Revenue by Player (2020-2025)
3.1.2 Global Mirco Hydropower Revenue Market Share by Player (2020-2025)
3.2 Global Mirco Hydropower Key Players Head office and Products Offered
3.3 Market Concentration Rate Analysis
3.3.1 Competition Landscape Analysis
3.3.2 Concentration Ratio (CR3, CR5 and CR10) & (2023-2025)
3.4 New Products and Potential Entrants
3.5 Mergers & Acquisitions, Expansion
4 Mirco Hydropower by Region
4.1 Mirco Hydropower Market Size by Region (2020-2025)
4.2 Global Mirco Hydropower Annual Revenue by Country/Region (2020-2025)
4.3 Americas Mirco Hydropower Market Size Growth (2020-2025)
4.4 APAC Mirco Hydropower Market Size Growth (2020-2025)
4.5 Europe Mirco Hydropower Market Size Growth (2020-2025)
4.6 Middle East & Africa Mirco Hydropower Market Size Growth (2020-2025)
5 Americas
5.1 Americas Mirco Hydropower Market Size by Country (2020-2025)
5.2 Americas Mirco Hydropower Market Size by Type (2020-2025)
5.3 Americas Mirco Hydropower Market Size by Application (2020-2025)
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Mirco Hydropower Market Size by Region (2020-2025)
6.2 APAC Mirco Hydropower Market Size by Type (2020-2025)
6.3 APAC Mirco Hydropower Market Size by Application (2020-2025)
6.4 China
6.5 Japan
6.6 South Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
7 Europe
7.1 Europe Mirco Hydropower Market Size by Country (2020-2025)
7.2 Europe Mirco Hydropower Market Size by Type (2020-2025)
7.3 Europe Mirco Hydropower Market Size by Application (2020-2025)
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Mirco Hydropower by Region (2020-2025)
8.2 Middle East & Africa Mirco Hydropower Market Size by Type (2020-2025)
8.3 Middle East & Africa Mirco Hydropower Market Size by Application (2020-2025)
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Global Mirco Hydropower Market Forecast
10.1 Global Mirco Hydropower Forecast by Region (2026-2031)
10.1.1 Global Mirco Hydropower Forecast by Region (2026-2031)
10.1.2 Americas Mirco Hydropower Forecast
10.1.3 APAC Mirco Hydropower Forecast
10.1.4 Europe Mirco Hydropower Forecast
10.1.5 Middle East & Africa Mirco Hydropower Forecast
10.2 Americas Mirco Hydropower Forecast by Country (2026-2031)
10.2.1 United States Market Mirco Hydropower Forecast
10.2.2 Canada Market Mirco Hydropower Forecast
10.2.3 Mexico Market Mirco Hydropower Forecast
10.2.4 Brazil Market Mirco Hydropower Forecast
10.3 APAC Mirco Hydropower Forecast by Region (2026-2031)
10.3.1 China Mirco Hydropower Market Forecast
10.3.2 Japan Market Mirco Hydropower Forecast
10.3.3 Korea Market Mirco Hydropower Forecast
10.3.4 Southeast Asia Market Mirco Hydropower Forecast
10.3.5 India Market Mirco Hydropower Forecast
10.3.6 Australia Market Mirco Hydropower Forecast
10.4 Europe Mirco Hydropower Forecast by Country (2026-2031)
10.4.1 Germany Market Mirco Hydropower Forecast
10.4.2 France Market Mirco Hydropower Forecast
10.4.3 UK Market Mirco Hydropower Forecast
10.4.4 Italy Market Mirco Hydropower Forecast
10.4.5 Russia Market Mirco Hydropower Forecast
10.5 Middle East & Africa Mirco Hydropower Forecast by Region (2026-2031)
10.5.1 Egypt Market Mirco Hydropower Forecast
10.5.2 South Africa Market Mirco Hydropower Forecast
10.5.3 Israel Market Mirco Hydropower Forecast
10.5.4 Turkey Market Mirco Hydropower Forecast
10.6 Global Mirco Hydropower Forecast by Type (2026-2031)
10.7 Global Mirco Hydropower Forecast by Application (2026-2031)
10.7.1 GCC Countries Market Mirco Hydropower Forecast
11 Key Players Analysis
11.1 Voith GmbH & Co. KGaA
11.1.1 Voith GmbH & Co. KGaA Company Information
11.1.2 Voith GmbH & Co. KGaA Mirco Hydropower Product Offered
11.1.3 Voith GmbH & Co. KGaA Mirco Hydropower Revenue, Gross Margin and Market Share (2020-2025)
11.1.4 Voith GmbH & Co. KGaA Main Business Overview
11.1.5 Voith GmbH & Co. KGaA Latest Developments
11.2 Andritz Hydro
11.2.1 Andritz Hydro Company Information
11.2.2 Andritz Hydro Mirco Hydropower Product Offered
11.2.3 Andritz Hydro Mirco Hydropower Revenue, Gross Margin and Market Share (2020-2025)
11.2.4 Andritz Hydro Main Business Overview
11.2.5 Andritz Hydro Latest Developments
11.3 GE
11.3.1 GE Company Information
11.3.2 GE Mirco Hydropower Product Offered
11.3.3 GE Mirco Hydropower Revenue, Gross Margin and Market Share (2020-2025)
11.3.4 GE Main Business Overview
11.3.5 GE Latest Developments
11.4 Toshiba
11.4.1 Toshiba Company Information
11.4.2 Toshiba Mirco Hydropower Product Offered
11.4.3 Toshiba Mirco Hydropower Revenue, Gross Margin and Market Share (2020-2025)
11.4.4 Toshiba Main Business Overview
11.4.5 Toshiba Latest Developments
11.5 Gilbert Gilkes & Gordon Ltd
11.5.1 Gilbert Gilkes & Gordon Ltd Company Information
11.5.2 Gilbert Gilkes & Gordon Ltd Mirco Hydropower Product Offered
11.5.3 Gilbert Gilkes & Gordon Ltd Mirco Hydropower Revenue, Gross Margin and Market Share (2020-2025)
11.5.4 Gilbert Gilkes & Gordon Ltd Main Business Overview
11.5.5 Gilbert Gilkes & Gordon Ltd Latest Developments
11.6 Mavel
11.6.1 Mavel Company Information
11.6.2 Mavel Mirco Hydropower Product Offered
11.6.3 Mavel Mirco Hydropower Revenue, Gross Margin and Market Share (2020-2025)
11.6.4 Mavel Main Business Overview
11.6.5 Mavel Latest Developments
11.7 Hydrotu
11.7.1 Hydrotu Company Information
11.7.2 Hydrotu Mirco Hydropower Product Offered
11.7.3 Hydrotu Mirco Hydropower Revenue, Gross Margin and Market Share (2020-2025)
11.7.4 Hydrotu Main Business Overview
11.7.5 Hydrotu Latest Developments
11.8 Ganz EEPM
11.8.1 Ganz EEPM Company Information
11.8.2 Ganz EEPM Mirco Hydropower Product Offered
11.8.3 Ganz EEPM Mirco Hydropower Revenue, Gross Margin and Market Share (2020-2025)
11.8.4 Ganz EEPM Main Business Overview
11.8.5 Ganz EEPM Latest Developments
11.9 Canyon Hydro
11.9.1 Canyon Hydro Company Information
11.9.2 Canyon Hydro Mirco Hydropower Product Offered
11.9.3 Canyon Hydro Mirco Hydropower Revenue, Gross Margin and Market Share (2020-2025)
11.9.4 Canyon Hydro Main Business Overview
11.9.5 Canyon Hydro Latest Developments
11.10 Global Hydro
11.10.1 Global Hydro Company Information
11.10.2 Global Hydro Mirco Hydropower Product Offered
11.10.3 Global Hydro Mirco Hydropower Revenue, Gross Margin and Market Share (2020-2025)
11.10.4 Global Hydro Main Business Overview
11.10.5 Global Hydro Latest Developments
11.11 ScottHydroElectric
11.11.1 ScottHydroElectric Company Information
11.11.2 ScottHydroElectric Mirco Hydropower Product Offered
11.11.3 ScottHydroElectric Mirco Hydropower Revenue, Gross Margin and Market Share (2020-2025)
11.11.4 ScottHydroElectric Main Business Overview
11.11.5 ScottHydroElectric Latest Developments
11.12 Siapro
11.12.1 Siapro Company Information
11.12.2 Siapro Mirco Hydropower Product Offered
11.12.3 Siapro Mirco Hydropower Revenue, Gross Margin and Market Share (2020-2025)
11.12.4 Siapro Main Business Overview
11.12.5 Siapro Latest Developments
11.13 Suneco Hydro
11.13.1 Suneco Hydro Company Information
11.13.2 Suneco Hydro Mirco Hydropower Product Offered
11.13.3 Suneco Hydro Mirco Hydropower Revenue, Gross Margin and Market Share (2020-2025)
11.13.4 Suneco Hydro Main Business Overview
11.13.5 Suneco Hydro Latest Developments
11.14 TES Vsetín
11.14.1 TES Vsetín Company Information
11.14.2 TES Vsetín Mirco Hydropower Product Offered
11.14.3 TES Vsetín Mirco Hydropower Revenue, Gross Margin and Market Share (2020-2025)
11.14.4 TES Vsetín Main Business Overview
11.14.5 TES Vsetín Latest Developments
11.15 Smart Hydro Power
11.15.1 Smart Hydro Power Company Information
11.15.2 Smart Hydro Power Mirco Hydropower Product Offered
11.15.3 Smart Hydro Power Mirco Hydropower Revenue, Gross Margin and Market Share (2020-2025)
11.15.4 Smart Hydro Power Main Business Overview
11.15.5 Smart Hydro Power Latest Developments
12 Research Findings and Conclusion
*If Applicable.
