Pumped Hydropower is a configuration of two water reservoirs at different elevations that can generate power as water moves down from one to the other (discharge), passing through a turbine.

The global Pumped Hydropower market was valued at US$ million in 2023 and is anticipated to reach US$ million by 2030, witnessing a CAGR of % during the forecast period 2024-2030.

North American market for Pumped Hydropower is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.

Asia-Pacific market for Pumped Hydropower is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.

The global market for Pumped Hydropower in On-Grid is estimated to increase from $ million in 2023 to $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.

The major global companies of Pumped Hydropower include GE, Voith, Black & Veatch, ILI Group, Hong Kong Pumped Storage Development Company, Limited (PSDC), Red Eléctrica, Golder and Nelson Energy, etc. In 2023, the world's top three vendors accounted for approximately % of the revenue.

This report aims to provide a comprehensive presentation of the global market for Pumped Hydropower, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Pumped Hydropower.

Report Scope

The Pumped Hydropower market size, estimations, and forecasts are provided in terms of revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Pumped Hydropower market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.

For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

The report will help the Pumped Hydropower companies, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.

Market Segmentation

Scope of Pumped Hydropower Market Report

Report Metric	Details
Report Name	Pumped Hydropower Market
Segment by Type	Open Loop Closed Loop
Segment by Application	On-Grid Off-Grid
By Region	North America (United States, Canada) Europe (Germany, France, UK, Italy, Russia) Rest of Europe Nordic Countries Asia-Pacific (China, Japan, South Korea) Southeast Asia (India, Australia) Rest of Asia Latin America (Mexico, Brazil) Rest of Latin America Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of MEA)
By Company	GE, Voith, Black & Veatch, ILI Group, Hong Kong Pumped Storage Development Company, Limited (PSDC), Red Eléctrica, Golder, Nelson Energy
Forecast units	USD million in value
Report coverage	Revenue and volume forecast, company share, competitive landscape, growth factors and trends

Chapter Outline

Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Pumped Hydropower companies’ competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 11: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 12: The main points and conclusions of the report.

FAQ for this report

Who are the main players in the Pumped Hydropower Market report?

Ans: The main players in the Pumped Hydropower Market are GE, Voith, Black & Veatch, ILI Group, Hong Kong Pumped Storage Development Company, Limited (PSDC), Red Eléctrica, Golder, Nelson Energy

What are the Application segmentation covered in the Pumped Hydropower Market report?

Ans: The Applications covered in the Pumped Hydropower Market report are On-Grid, Off-Grid

What are the Type segmentation covered in the Pumped Hydropower Market report?

Ans: The Types covered in the Pumped Hydropower Market report are Open Loop, Closed Loop

1 Report Overview

1.1 Study Scope

1.2 Market Analysis by Type

1.2.1 Global Pumped Hydropower Market Size Growth Rate by Type: 2019 VS 2023 VS 2030

1.2.2 Open Loop

1.2.3 Closed Loop

1.3 Market by Application

1.3.1 Global Pumped Hydropower Market Growth by Application: 2019 VS 2023 VS 2030

1.3.2 On-Grid

1.3.3 Off-Grid

1.4 Study Objectives

1.5 Years Considered

1.6 Years Considered

2 Global Growth Trends

2.1 Global Pumped Hydropower Market Perspective (2019-2030)

2.2 Pumped Hydropower Growth Trends by Region

2.2.1 Global Pumped Hydropower Market Size by Region: 2019 VS 2023 VS 2030

2.2.2 Pumped Hydropower Historic Market Size by Region (2019-2024)

2.2.3 Pumped Hydropower Forecasted Market Size by Region (2025-2030)

2.3 Pumped Hydropower Market Dynamics

2.3.1 Pumped Hydropower Industry Trends

2.3.2 Pumped Hydropower Market Drivers

2.3.3 Pumped Hydropower Market Challenges

2.3.4 Pumped Hydropower Market Restraints

3 Competition Landscape by Key Players

3.1 Global Top Pumped Hydropower Players by Revenue

3.1.1 Global Top Pumped Hydropower Players by Revenue (2019-2024)

3.1.2 Global Pumped Hydropower Revenue Market Share by Players (2019-2024)

3.2 Global Pumped Hydropower Market Share by Company Type (Tier 1, Tier 2, and Tier 3)

3.3 Players Covered: Ranking by Pumped Hydropower Revenue

3.4 Global Pumped Hydropower Market Concentration Ratio

3.4.1 Global Pumped Hydropower Market Concentration Ratio (CR5 and HHI)

3.4.2 Global Top 10 and Top 5 Companies by Pumped Hydropower Revenue in 2023

3.5 Pumped Hydropower Key Players Head office and Area Served

3.6 Key Players Pumped Hydropower Product Solution and Service

3.7 Date of Enter into Pumped Hydropower Market

3.8 Mergers & Acquisitions, Expansion Plans

4 Pumped Hydropower Breakdown Data by Type

4.1 Global Pumped Hydropower Historic Market Size by Type (2019-2024)

4.2 Global Pumped Hydropower Forecasted Market Size by Type (2025-2030)

5 Pumped Hydropower Breakdown Data by Application

5.1 Global Pumped Hydropower Historic Market Size by Application (2019-2024)

5.2 Global Pumped Hydropower Forecasted Market Size by Application (2025-2030)

6 North America

6.1 North America Pumped Hydropower Market Size (2019-2030)

6.2 North America Pumped Hydropower Market Growth Rate by Country: 2019 VS 2023 VS 2030

6.3 North America Pumped Hydropower Market Size by Country (2019-2024)

6.4 North America Pumped Hydropower Market Size by Country (2025-2030)

6.5 United States

6.6 Canada

7 Europe

7.1 Europe Pumped Hydropower Market Size (2019-2030)

7.2 Europe Pumped Hydropower Market Growth Rate by Country: 2019 VS 2023 VS 2030

7.3 Europe Pumped Hydropower Market Size by Country (2019-2024)

7.4 Europe Pumped Hydropower Market Size by Country (2025-2030)

7.5 Germany

7.6 France

7.7 U.K.

7.8 Italy

7.9 Russia

7.10 Nordic Countries

8 Asia-Pacific

8.1 Asia-Pacific Pumped Hydropower Market Size (2019-2030)

8.2 Asia-Pacific Pumped Hydropower Market Growth Rate by Region: 2019 VS 2023 VS 2030

8.3 Asia-Pacific Pumped Hydropower Market Size by Region (2019-2024)

8.4 Asia-Pacific Pumped Hydropower Market Size by Region (2025-2030)

8.5 China

8.6 Japan

8.7 South Korea

8.8 Southeast Asia

8.9 India

8.10 Australia

9 Latin America

9.1 Latin America Pumped Hydropower Market Size (2019-2030)

9.2 Latin America Pumped Hydropower Market Growth Rate by Country: 2019 VS 2023 VS 2030

9.3 Latin America Pumped Hydropower Market Size by Country (2019-2024)

9.4 Latin America Pumped Hydropower Market Size by Country (2025-2030)

9.5 Mexico

9.6 Brazil

10 Middle East & Africa

10.1 Middle East & Africa Pumped Hydropower Market Size (2019-2030)

10.2 Middle East & Africa Pumped Hydropower Market Growth Rate by Country: 2019 VS 2023 VS 2030

10.3 Middle East & Africa Pumped Hydropower Market Size by Country (2019-2024)

10.4 Middle East & Africa Pumped Hydropower Market Size by Country (2025-2030)

10.5 Turkey

10.6 Saudi Arabia

10.7 UAE

11 Key Players Profiles

11.1 GE

11.1.1 GE Company Detail

11.1.2 GE Business Overview

11.1.3 GE Pumped Hydropower Introduction

11.1.4 GE Revenue in Pumped Hydropower Business (2019-2024)

11.1.5 GE Recent Development

11.2 Voith

11.2.1 Voith Company Detail

11.2.2 Voith Business Overview

11.2.3 Voith Pumped Hydropower Introduction

11.2.4 Voith Revenue in Pumped Hydropower Business (2019-2024)

11.2.5 Voith Recent Development

11.3 Black & Veatch

11.3.1 Black & Veatch Company Detail

11.3.2 Black & Veatch Business Overview

11.3.3 Black & Veatch Pumped Hydropower Introduction

11.3.4 Black & Veatch Revenue in Pumped Hydropower Business (2019-2024)

11.3.5 Black & Veatch Recent Development

11.4 ILI Group

11.4.1 ILI Group Company Detail

11.4.2 ILI Group Business Overview

11.4.3 ILI Group Pumped Hydropower Introduction

11.4.4 ILI Group Revenue in Pumped Hydropower Business (2019-2024)

11.4.5 ILI Group Recent Development

11.5 Hong Kong Pumped Storage Development Company, Limited (PSDC)

11.5.1 Hong Kong Pumped Storage Development Company, Limited (PSDC) Company Detail

11.5.2 Hong Kong Pumped Storage Development Company, Limited (PSDC) Business Overview

11.5.3 Hong Kong Pumped Storage Development Company, Limited (PSDC) Pumped Hydropower Introduction

11.5.4 Hong Kong Pumped Storage Development Company, Limited (PSDC) Revenue in Pumped Hydropower Business (2019-2024)

11.5.5 Hong Kong Pumped Storage Development Company, Limited (PSDC) Recent Development

11.6 Red Eléctrica

11.6.1 Red Eléctrica Company Detail

11.6.2 Red Eléctrica Business Overview

11.6.3 Red Eléctrica Pumped Hydropower Introduction

11.6.4 Red Eléctrica Revenue in Pumped Hydropower Business (2019-2024)

11.6.5 Red Eléctrica Recent Development

11.7 Golder

11.7.1 Golder Company Detail

11.7.2 Golder Business Overview

11.7.3 Golder Pumped Hydropower Introduction

11.7.4 Golder Revenue in Pumped Hydropower Business (2019-2024)

11.7.5 Golder Recent Development

11.8 Nelson Energy

11.8.1 Nelson Energy Company Detail

11.8.2 Nelson Energy Business Overview

11.8.3 Nelson Energy Pumped Hydropower Introduction

11.8.4 Nelson Energy Revenue in Pumped Hydropower Business (2019-2024)

11.8.5 Nelson Energy Recent Development

12 Analyst's Viewpoints/Conclusions

13 Appendix

13.1 Research Methodology

13.1.1 Methodology/Research Approach

13.1.2 Data Source

13.2 Disclaimer

13.3 Author Details

FEATURED COMPANIES

Voith GmbH

Black & Veatch

ILI Group

Hong Kong Pumped Storage Development Company, Limited (PSDC)

Red Eléctrica

Golder

Nelson Energy

List of Tables

Table 1. Global Pumped Hydropower Market Size Growth Rate by Type (US$ Million): 2019 VS 2023 VS 2030

Table 2. Key Players of Open Loop

Table 3. Key Players of Closed Loop

Table 4. Global Pumped Hydropower Market Size Growth by Application (US$ Million): 2019 VS 2023 VS 2030

Table 5. Global Pumped Hydropower Market Size by Region (US$ Million): 2019 VS 2023 VS 2030

Table 6. Global Pumped Hydropower Market Size by Region (2019-2024) & (US$ Million)

Table 7. Global Pumped Hydropower Market Share by Region (2019-2024)

Table 8. Global Pumped Hydropower Forecasted Market Size by Region (2025-2030) & (US$ Million)

Table 9. Global Pumped Hydropower Market Share by Region (2025-2030)

Table 10. Pumped Hydropower Market Trends

Table 11. Pumped Hydropower Market Drivers

Table 12. Pumped Hydropower Market Challenges

Table 13. Pumped Hydropower Market Restraints

Table 14. Global Pumped Hydropower Revenue by Players (2019-2024) & (US$ Million)

Table 15. Global Pumped Hydropower Market Share by Players (2019-2024)

Table 16. Global Top Pumped Hydropower Players by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Pumped Hydropower as of 2023)

Table 17. Ranking of Global Top Pumped Hydropower Companies by Revenue (US$ Million) in 2023

Table 18. Global 5 Largest Players Market Share by Pumped Hydropower Revenue (CR5 and HHI) & (2019-2024)

Table 19. Key Players Headquarters and Area Served

Table 20. Key Players Pumped Hydropower Product Solution and Service

Table 21. Date of Enter into Pumped Hydropower Market

Table 22. Mergers & Acquisitions, Expansion Plans

Table 23. Global Pumped Hydropower Market Size by Type (2019-2024) & (US$ Million)

Table 24. Global Pumped Hydropower Revenue Market Share by Type (2019-2024)

Table 25. Global Pumped Hydropower Forecasted Market Size by Type (2025-2030) & (US$ Million)

Table 26. Global Pumped Hydropower Revenue Market Share by Type (2025-2030)

Table 27. Global Pumped Hydropower Market Size by Application (2019-2024) & (US$ Million)

Table 28. Global Pumped Hydropower Revenue Market Share by Application (2019-2024)

Table 29. Global Pumped Hydropower Forecasted Market Size by Application (2025-2030) & (US$ Million)

Table 30. Global Pumped Hydropower Revenue Market Share by Application (2025-2030)

Table 31. North America Pumped Hydropower Market Size Growth Rate by Country (US$ Million): 2019 VS 2023 VS 2030

Table 32. North America Pumped Hydropower Market Size by Country (2019-2024) & (US$ Million)

Table 33. North America Pumped Hydropower Market Size by Country (2025-2030) & (US$ Million)

Table 34. Europe Pumped Hydropower Market Size Growth Rate by Country (US$ Million): 2019 VS 2023 VS 2030

Table 35. Europe Pumped Hydropower Market Size by Country (2019-2024) & (US$ Million)

Table 36. Europe Pumped Hydropower Market Size by Country (2025-2030) & (US$ Million)

Table 37. Asia-Pacific Pumped Hydropower Market Size Growth Rate by Region (US$ Million): 2019 VS 2023 VS 2030

Table 38. Asia-Pacific Pumped Hydropower Market Size by Region (2019-2024) & (US$ Million)

Table 39. Asia-Pacific Pumped Hydropower Market Size by Region (2025-2030) & (US$ Million)

Table 40. Latin America Pumped Hydropower Market Size Growth Rate by Country (US$ Million): 2019 VS 2023 VS 2030

Table 41. Latin America Pumped Hydropower Market Size by Country (2019-2024) & (US$ Million)

Table 42. Latin America Pumped Hydropower Market Size by Country (2025-2030) & (US$ Million)

Table 43. Middle East & Africa Pumped Hydropower Market Size Growth Rate by Country (US$ Million): 2019 VS 2023 VS 2030

Table 44. Middle East & Africa Pumped Hydropower Market Size by Country (2019-2024) & (US$ Million)

Table 45. Middle East & Africa Pumped Hydropower Market Size by Country (2025-2030) & (US$ Million)

Table 46. GE Company Detail

Table 47. GE Business Overview

Table 48. GE Pumped Hydropower Product

Table 49. GE Revenue in Pumped Hydropower Business (2019-2024) & (US$ Million)

Table 50. GE Recent Development

Table 51. Voith Company Detail

Table 52. Voith Business Overview

Table 53. Voith Pumped Hydropower Product

Table 54. Voith Revenue in Pumped Hydropower Business (2019-2024) & (US$ Million)

Table 55. Voith Recent Development

Table 56. Black & Veatch Company Detail

Table 57. Black & Veatch Business Overview

Table 58. Black & Veatch Pumped Hydropower Product

Table 59. Black & Veatch Revenue in Pumped Hydropower Business (2019-2024) & (US$ Million)

Table 60. Black & Veatch Recent Development

Table 61. ILI Group Company Detail

Table 62. ILI Group Business Overview

Table 63. ILI Group Pumped Hydropower Product

Table 64. ILI Group Revenue in Pumped Hydropower Business (2019-2024) & (US$ Million)

Table 65. ILI Group Recent Development

Table 66. Hong Kong Pumped Storage Development Company, Limited (PSDC) Company Detail

Table 67. Hong Kong Pumped Storage Development Company, Limited (PSDC) Business Overview

Table 68. Hong Kong Pumped Storage Development Company, Limited (PSDC) Pumped Hydropower Product

Table 69. Hong Kong Pumped Storage Development Company, Limited (PSDC) Revenue in Pumped Hydropower Business (2019-2024) & (US$ Million)

Table 70. Hong Kong Pumped Storage Development Company, Limited (PSDC) Recent Development

Table 71. Red Eléctrica Company Detail

Table 72. Red Eléctrica Business Overview

Table 73. Red Eléctrica Pumped Hydropower Product

Table 74. Red Eléctrica Revenue in Pumped Hydropower Business (2019-2024) & (US$ Million)

Table 75. Red Eléctrica Recent Development

Table 76. Golder Company Detail

Table 77. Golder Business Overview

Table 78. Golder Pumped Hydropower Product

Table 79. Golder Revenue in Pumped Hydropower Business (2019-2024) & (US$ Million)

Table 80. Golder Recent Development

Table 81. Nelson Energy Company Detail

Table 82. Nelson Energy Business Overview

Table 83. Nelson Energy Pumped Hydropower Product

Table 84. Nelson Energy Revenue in Pumped Hydropower Business (2019-2024) & (US$ Million)

Table 85. Nelson Energy Recent Development

Table 86. Research Programs/Design for This Report

Table 87. Key Data Information from Secondary Sources

Table 88. Key Data Information from Primary Sources

List of Figures

Figure 1. Global Pumped Hydropower Market Size Comparison by Type (2024-2030) & (US$ Million)

Figure 2. Global Pumped Hydropower Market Share by Type: 2023 VS 2030

Figure 3. Open Loop Features

Figure 4. Closed Loop Features

Figure 5. Global Pumped Hydropower Market Size Comparison by Application (2024-2030) & (US$ Million)

Figure 6. Global Pumped Hydropower Market Share by Application: 2023 VS 2030

Figure 7. On-Grid Case Studies

Figure 8. Off-Grid Case Studies

Figure 9. Pumped Hydropower Report Years Considered

Figure 10. Global Pumped Hydropower Market Size (US$ Million), Year-over-Year: 2019-2030

Figure 11. Global Pumped Hydropower Market Size, (US$ Million), 2019 VS 2023 VS 2030

Figure 12. Global Pumped Hydropower Market Share by Region: 2023 VS 2030

Figure 13. Global Pumped Hydropower Market Share by Players in 2023

Figure 14. Global Top Pumped Hydropower Players by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Pumped Hydropower as of 2023)

Figure 15. The Top 10 and 5 Players Market Share by Pumped Hydropower Revenue in 2023

Figure 16. North America Pumped Hydropower Market Size YoY Growth (2019-2030) & (US$ Million)

Figure 17. North America Pumped Hydropower Market Share by Country (2019-2030)

Figure 18. United States Pumped Hydropower Market Size YoY Growth (2019-2030) & (US$ Million)

Figure 19. Canada Pumped Hydropower Market Size YoY Growth (2019-2030) & (US$ Million)

Figure 20. Europe Pumped Hydropower Market Size YoY Growth (2019-2030) & (US$ Million)

Figure 21. Europe Pumped Hydropower Market Share by Country (2019-2030)

Figure 22. Germany Pumped Hydropower Market Size YoY Growth (2019-2030) & (US$ Million)

Figure 23. France Pumped Hydropower Market Size YoY Growth (2019-2030) & (US$ Million)

Figure 24. U.K. Pumped Hydropower Market Size YoY Growth (2019-2030) & (US$ Million)

Figure 25. Italy Pumped Hydropower Market Size YoY Growth (2019-2030) & (US$ Million)

Figure 26. Russia Pumped Hydropower Market Size YoY Growth (2019-2030) & (US$ Million)

Figure 27. Nordic Countries Pumped Hydropower Market Size YoY Growth (2019-2030) & (US$ Million)

Figure 28. Asia-Pacific Pumped Hydropower Market Size YoY Growth (2019-2030) & (US$ Million)

Figure 29. Asia-Pacific Pumped Hydropower Market Share by Region (2019-2030)

Figure 30. China Pumped Hydropower Market Size YoY Growth (2019-2030) & (US$ Million)

Figure 31. Japan Pumped Hydropower Market Size YoY Growth (2019-2030) & (US$ Million)

Figure 32. South Korea Pumped Hydropower Market Size YoY Growth (2019-2030) & (US$ Million)

Figure 33. Southeast Asia Pumped Hydropower Market Size YoY Growth (2019-2030) & (US$ Million)

Figure 34. India Pumped Hydropower Market Size YoY Growth (2019-2030) & (US$ Million)

Figure 35. Australia Pumped Hydropower Market Size YoY Growth (2019-2030) & (US$ Million)

Figure 36. Latin America Pumped Hydropower Market Size YoY Growth (2019-2030) & (US$ Million)

Figure 37. Latin America Pumped Hydropower Market Share by Country (2019-2030)

Figure 38. Mexico Pumped Hydropower Market Size YoY Growth (2019-2030) & (US$ Million)

Figure 39. Brazil Pumped Hydropower Market Size YoY Growth (2019-2030) & (US$ Million)

Figure 40. Middle East & Africa Pumped Hydropower Market Size YoY Growth (2019-2030) & (US$ Million)

Figure 41. Middle East & Africa Pumped Hydropower Market Share by Country (2019-2030)

Figure 42. Turkey Pumped Hydropower Market Size YoY Growth (2019-2030) & (US$ Million)

Figure 43. Saudi Arabia Pumped Hydropower Market Size YoY Growth (2019-2030) & (US$ Million)

Figure 44. GE Revenue Growth Rate in Pumped Hydropower Business (2019-2024)

Figure 45. Voith Revenue Growth Rate in Pumped Hydropower Business (2019-2024)

Figure 46. Black & Veatch Revenue Growth Rate in Pumped Hydropower Business (2019-2024)

Figure 47. ILI Group Revenue Growth Rate in Pumped Hydropower Business (2019-2024)

Figure 48. Hong Kong Pumped Storage Development Company, Limited (PSDC) Revenue Growth Rate in Pumped Hydropower Business (2019-2024)

Figure 49. Red Eléctrica Revenue Growth Rate in Pumped Hydropower Business (2019-2024)

Figure 50. Golder Revenue Growth Rate in Pumped Hydropower Business (2019-2024)

Figure 51. Nelson Energy Revenue Growth Rate in Pumped Hydropower Business (2019-2024)

Figure 52. Bottom-up and Top-down Approaches for This Report

Figure 53. Data Triangulation

Figure 54. Key Executives Interviewed

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