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South America Hydropower Market Size (2024 - 2029)

The South America hydropower market is anticipated to experience growth driven by increasing energy demand and a shift towards reducing fossil fuel dependence. Despite challenges such as high capital investment and limited economical sites, the market's expansion is supported by regional renewable energy goals. The large hydropower segment is projected to lead the market, with Brazil expected to be a dominant force in the region's hydropower landscape.

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Market Size of South America Hydropower Industry

Market Summary
Study Period 2020 - 2029
Base Year For Estimation 2023
Forecast Data Period 2024 - 2029
Historical Data Period 2020 - 2022
CAGR > 3.80 %
Market Concentration Medium

Major Players

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*Disclaimer: Major Players sorted in no particular order

South America Hydropower Market Analysis

The South America hydropower market is expected to grow at a CAGR of more than 3.8% over the forecast period of 2020-2025. Factors, such as growing energy demand on account of the growing population coupled with the need to reduce reliance on fossil-fuel power generation is driving the hydropower market in South America. However, the high capital investment required to construct hydropower projects due to remaining economical sites being limited and to extra expenditures to address social and environmental impacts is expected to hinder the market growth over the forecast period.

  • Large hydropower segment is expected to dominate in the South America hydropower market during the forecast period.
  • South America has a goal of reaching at least 70% of renewable energy, which includes small hydro, in electricity by 2030, which in turn is expected to provide an opportunity in the South America hydropower market in the future.
  • Brazil is expected to dominate in the South America hydropower market over the forecast period.

South America Hydropower Industry Segmentation

The South America hydropower market report includes:

Size
Large Hydropower
Small Hydropower
Others
Geography
Brazil
Argentina
Chile
Rest of South America
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South America Hydropower Market Size Summary

The South America hydropower market is poised for growth, driven by increasing energy demand due to population growth and a shift towards reducing dependence on fossil fuels. Despite the challenges posed by high capital investments and the need to address social and environmental impacts, the market is expected to expand, with the large hydropower segment leading the way. The region's commitment to achieving a significant portion of its electricity from renewable sources by 2030 presents opportunities for further development in the hydropower sector. Brazil is anticipated to play a dominant role in this market, supported by its substantial installed capacity and ongoing projects.

South America is a key player in the global hydropower landscape, hosting some of the largest hydropower plants worldwide. The region's hydropower capacity is a major contributor to its electricity generation, with Brazil, Paraguay, Venezuela, Colombia, and Argentina being the top producers. The presence of significant projects like the Itaip√∫ and Guri plants underscores the region's potential. The involvement of the private sector and rising electricity prices make hydropower an attractive option to meet the growing energy demands. The market is moderately fragmented, with major players such as Voith GmbH & Co KGaA, Norte Energia S.A., and Andritz AG contributing to its development.

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South America Hydropower Market Size - Table of Contents

  1. 1. MARKET OVERVIEW

    1. 1.1 Introduction

    2. 1.2 Installed Capacity and Forecast in GW, till 2025

    3. 1.3 Recent Trends and Developments

    4. 1.4 Government Policies and Regulations

    5. 1.5 Market Dynamics

      1. 1.5.1 Drivers

      2. 1.5.2 Restraints

    6. 1.6 Supply Chain Analysis

    7. 1.7 Porter's Five Force Analysis

      1. 1.7.1 Bargaining Power of Suppliers

      2. 1.7.2 Bargaining Power of Consumers

      3. 1.7.3 Threat of New Entrants

      4. 1.7.4 Threat of Substitute Products and Services

      5. 1.7.5 Intensity of Competitive Rivalry

  2. 2. MARKET SEGMENTATION

    1. 2.1 Size

      1. 2.1.1 Large Hydropower

      2. 2.1.2 Small Hydropower

      3. 2.1.3 Others

    2. 2.2 Geography

      1. 2.2.1 Brazil

      2. 2.2.2 Argentina

      3. 2.2.3 Chile

      4. 2.2.4 Rest of South America

South America Hydropower Market Size FAQs

The South America Hydropower Market is projected to register a CAGR of greater than 3.80% during the forecast period (2024-2029)

Voith GmbH & Co KGaA , Norte Energia S.A. , ContourGlobal plc, Andritz AG and Centrais Eletricas Brasileiras SA are the major companies operating in the South America Hydropower Market.

South America Hydropower Market Report Snapshots

South America Hydropower Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)