The global pumped hydro storage market size is calculated at USD 58.83 billion in 2025 and is forecasted to reach around USD 178.14 billion by 2034, accelerating at a CAGR of 13.10% from 2025 to 2034. The Europe market size surpassed USD 30.69 billion in 2024 and is expanding at a CAGR of 13.19% during the forecast period. The market sizing and forecasts are revenue-based (USD Million/Billion), with 2024 as the base year.
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
3.1. Market Snapshot
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
5.1. COVID-19 Landscape: Pumped Hydro Storage Industry Impact
5.2. COVID 19 - Impact Assessment for the Industry
5.3. COVID 19 Impact: Global Major Government Policy
5.4. Market Trends and Opportunities in the COVID-19 Landscape
6.1. Market Dynamics
6.1.1. Market Drivers
6.1.2. Market Restraints
6.1.3. Market Opportunities
6.2. Porter’s Five Forces Analysis
6.2.1. Bargaining power of suppliers
6.2.2. Bargaining power of buyers
6.2.3. Threat of substitute
6.2.4. Threat of new entrants
6.2.5. Degree of competition
7.1.1. Company Market Share/Positioning Analysis
7.1.2. Key Strategies Adopted by Players
7.1.3. Vendor Landscape
7.1.3.1. List of Suppliers
7.1.3.2. List of Buyers
8.1. Pumped Hydro Storage Market, by Type
8.1.1. Open Loop
8.1.1.1. Market Revenue and Forecast
8.1.2. Closed Loop
8.1.2.1. Market Revenue and Forecast
9.1. Pumped Hydro Storage Market, by Capacity
9.1.1. Below 500 MW
9.1.1.1. Market Revenue and Forecast
9.1.2. 500-1000 MW
9.1.2.1. Market Revenue and Forecast
9.1.3. Above 1000 MW
9.1.3.1. Market Revenue and Forecast
10.1. North America
10.1.1. Market Revenue and Forecast, by Type
10.1.2. Market Revenue and Forecast, by Capacity
10.1.3. U.S.
10.1.3.1. Market Revenue and Forecast, by Type
10.1.3.2. Market Revenue and Forecast, by Capacity
10.1.4. Rest of North America
10.1.4.1. Market Revenue and Forecast, by Type
10.1.4.2. Market Revenue and Forecast, by Capacity
10.2. Europe
10.2.1. Market Revenue and Forecast, by Type
10.2.2. Market Revenue and Forecast, by Capacity
10.2.3. UK
10.2.3.1. Market Revenue and Forecast, by Type
10.2.3.2. Market Revenue and Forecast, by Capacity
10.2.4. Germany
10.2.4.1. Market Revenue and Forecast, by Type
10.2.4.2. Market Revenue and Forecast, by Capacity
10.2.5. France
10.2.5.1. Market Revenue and Forecast, by Type
10.2.5.2. Market Revenue and Forecast, by Capacity
10.2.6. Rest of Europe
10.2.6.1. Market Revenue and Forecast, by Type
10.2.6.2. Market Revenue and Forecast, by Capacity
10.3. APAC
10.3.1. Market Revenue and Forecast, by Type
10.3.2. Market Revenue and Forecast, by Capacity
10.3.3. India
10.3.3.1. Market Revenue and Forecast, by Type
10.3.3.2. Market Revenue and Forecast, by Capacity
10.3.4. China
10.3.4.1. Market Revenue and Forecast, by Type
10.3.4.2. Market Revenue and Forecast, by Capacity
10.3.5. Japan
10.3.5.1. Market Revenue and Forecast, by Type
10.3.5.2. Market Revenue and Forecast, by Capacity
10.3.6. Rest of APAC
10.3.6.1. Market Revenue and Forecast, by Type
10.3.6.2. Market Revenue and Forecast, by Capacity
10.4. MEA
10.4.1. Market Revenue and Forecast, by Type
10.4.2. Market Revenue and Forecast, by Capacity
10.4.3. GCC
10.4.3.1. Market Revenue and Forecast, by Type
10.4.3.2. Market Revenue and Forecast, by Capacity
10.4.4. North Africa
10.4.4.1. Market Revenue and Forecast, by Type
10.4.4.2. Market Revenue and Forecast, by Capacity
10.4.5. South Africa
10.4.5.1. Market Revenue and Forecast, by Type
10.4.5.2. Market Revenue and Forecast, by Capacity
10.4.6. Rest of MEA
10.4.6.1. Market Revenue and Forecast, by Type
10.4.6.2. Market Revenue and Forecast, by Capacity
10.5. Latin America
10.5.1. Market Revenue and Forecast, by Type
10.5.2. Market Revenue and Forecast, by Capacity
10.5.3. Brazil
10.5.3.1. Market Revenue and Forecast, by Type
10.5.3.2. Market Revenue and Forecast, by Capacity
10.5.4. Rest of LATAM
10.5.4.1. Market Revenue and Forecast, by Type
10.5.4.2. Market Revenue and Forecast, by Capacity
11.1. ANDRITZ AG (Austria)
11.1.1. Company Overview
11.1.2. Product Offerings
11.1.3. Financial Performance
11.1.4. Recent Initiatives
11.2. Siemens AG (Germany)
11.2.1. Company Overview
11.2.2. Product Offerings
11.2.3. Financial Performance
11.2.4. Recent Initiatives
11.3. Enel SpA (Italy)
11.3.1. Company Overview
11.3.2. Product Offerings
11.3.3. Financial Performance
11.3.4. Recent Initiatives
11.4. Duke Energy Co. (U.S.)
11.4.1. Company Overview
11.4.2. Product Offerings
11.4.3. Financial Performance
11.4.4. Recent Initiatives
11.5. Voith GmbH & Co. KGaA (Germany)
11.5.1. Company Overview
11.5.2. Product Offerings
11.5.3. Financial Performance
11.5.4. Recent Initiatives
11.6. GE Vernova (U.S.)
11.6.1. Company Overview
11.6.2. Product Offerings
11.6.3. Financial Performance
11.6.4. Recent Initiatives
11.7. Power Construction Corporation of China (China)
11.7.1. Company Overview
11.7.2. Product Offerings
11.7.3. Financial Performance
11.7.4. Recent Initiatives
11.8. Torrent Power (India)
11.8.1. Company Overview
11.8.2. Product Offerings
11.8.3. Financial Performance
11.8.4. Recent Initiatives
11.9. ITC Holdings (U.S.)
11.9.1. Company Overview
11.9.2. Product Offerings
11.9.3. Financial Performance
11.9.4. Recent Initiatives
11.10. NextEra Energy, Inc. (U.S.)
11.10.1. Company Overview
11.10.2. Product Offerings
11.10.3. Financial Performance
11.10.4. Recent Initiatives
12.1. Primary Research
12.2. Secondary Research
12.3. Assumptions
13.1. About Us
13.2. Glossary of Terms
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