Global Pico Hydropower Market Growth (Status and Outlook) 2025-2031

The global Pico Hydropower market size is predicted to grow from US$ 566 million in 2025 to US$ 772 million in 2031; it is expected to grow at a CAGR of 5.3% from 2025 to 2031.

Pico hydropower, also known as micro hydropower, is a green energy technology that uses small water flows to generate electricity. It does not need to rely on any non-renewable energy, but directly uses water flows in nature to generate electricity. This power generation method is usually suitable for hydropower facilities with an output power of less than 5 kilowatts, especially suitable for remote rural areas or places that require small-scale power supply.

Market drivers of Pico Hydropower

Environmental friendliness and sustainable development:

With the increasing global attention to environmental protection and sustainable development, clean and renewable energy technologies are highly respected. Pico hydropower, as a green energy that does not produce greenhouse gas emissions, is in line with this trend, and therefore has received widespread attention and support from the government and the market.

Demand for energy diversification:

In some remote areas or specific application scenarios, traditional grid power supply may not be economical or feasible. Pico hydropower provides a flexible and reliable energy solution that can meet the energy needs of these areas.

Technological progress and cost reduction:

With the continuous advancement of technology, the power generation efficiency and reliability of Pico hydropower have been significantly improved. At the same time, the reduction in production costs has also made this energy technology more economical and feasible, thereby promoting its popularity and application in the market.

Policy support and incentives:

In order to encourage the development of renewable energy, many national and regional governments have formulated a series of preferential policies and incentives. These policies include subsidies, tax exemptions, loan concessions, etc., which provide strong support for the construction and operation of Pico hydropower projects.

Community participation and local economic development: Pico hydropower projects can usually be built and operated by local communities or small businesses, which helps promote local economic development and employment. At the same time, this energy technology can also improve the energy self-sufficiency rate of local residents and enhance the energy security of the community. In summary, Pico hydropower, as a clean and renewable energy technology, has broad development prospects in the market. Its market drivers mainly include environmental friendliness and sustainable development, energy diversification needs, technological progress and cost reduction, policy support and incentives, community participation and local economic development. These factors have jointly promoted the popularization and application of Pico hydropower around the world.

LPI (LP Information)' newest research report, the “Pico Hydropower Industry Forecast” looks at past sales and reviews total world Pico Hydropower sales in 2024, providing a comprehensive analysis by region and market sector of projected Pico Hydropower sales for 2025 through 2031. With Pico Hydropower sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Pico Hydropower industry.

This Insight Report provides a comprehensive analysis of the global Pico 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 Pico Hydropower portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Pico Hydropower market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Pico 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 Pico Hydropower.

This report presents a comprehensive overview, market shares, and growth opportunities of Pico Hydropower market by product type, application, key players and key regions and countries.

Segmentation by Type:
Run-of-the-River Type
Waterfall/Drop Type
Turbine Type

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.
ANDRITZ
General Electric
Voith GmbH & Co. KGaA
FLOVEL Energy Private Limited
ATB Riva Calzoni
Balino
Bouvin Fouress Ltd.
Canyon Hydro
CKD Blansko
Energiteknikk

Please note: The report will take approximately 2 business days to prepare and deliver.