The global market for Pumped Storage Power System was valued at US$ 651 million in the year 2024 and is projected to reach a revised size of US$ 942 million by 2031, growing at a CAGR of 5.5% during the forecast period.
Pumped Storage Power System is a type of hydroelectric energy storage. It 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.Pumped Storage Power System provides system flexibility and makes it easy for deployment with intermittent sources such as wind and solar. There are also drawbacks associated with Pumped Storage Power System, which include its relatively lower energy density compared with some other energy storage systems.
According to statistics from Data Europa, as of 2020, the cumulative installed capacity has reached 48.38GW, and pumped hydro storage currently accounts for 94% of the European energy storage market, with Spain and Germany having the largest capacities.
This report aims to provide a comprehensive presentation of the global market for Pumped Storage Power System, 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 Storage Power System.
The Pumped Storage Power System market size, estimations, and forecasts are provided in terms of and revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. This report segments the global Pumped Storage Power System 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 Storage Power System companies, new entrants, and industry chain related companies in this market with information on the revenues for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
麻豆原创 Segmentation
By Company
Voith
Merus
Drax Group
GE Renewable Energy
Siemens
Duke Energy
Black & Veatch
Ludington
Enel Group
Segment by Type
Large Energy Storage System (Greater Than 30MW)
Small Energy Storage System (100kw-30Mw)
Micro Energy Storage System (Less Than 100KW)
Segment by Application
Water Storage
Power Generation
By Region
North America
United States
Canada
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Rest of Europe
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
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 Storage Power System company 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.
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1 Report Overview
1.1 Study Scope
1.2 麻豆原创 Analysis by Type
1.2.1 Global Pumped Storage Power System 麻豆原创 Size Growth Rate by Type: 2020 VS 2024 VS 2031
1.2.2 Large Energy Storage System (Greater Than 30MW)
1.2.3 Small Energy Storage System (100kw-30Mw)
1.2.4 Micro Energy Storage System (Less Than 100KW)
1.3 麻豆原创 by Application
1.3.1 Global Pumped Storage Power System 麻豆原创 Growth by Application: 2020 VS 2024 VS 2031
1.3.2 Water Storage
1.3.3 Power Generation
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Global Growth Trends
2.1 Global Pumped Storage Power System 麻豆原创 Perspective (2020-2031)
2.2 Global Pumped Storage Power System Growth Trends by Region
2.2.1 Global Pumped Storage Power System 麻豆原创 Size by Region: 2020 VS 2024 VS 2031
2.2.2 Pumped Storage Power System Historic 麻豆原创 Size by Region (2020-2025)
2.2.3 Pumped Storage Power System Forecasted 麻豆原创 Size by Region (2026-2031)
2.3 Pumped Storage Power System 麻豆原创 Dynamics
2.3.1 Pumped Storage Power System Industry Trends
2.3.2 Pumped Storage Power System 麻豆原创 Drivers
2.3.3 Pumped Storage Power System 麻豆原创 Challenges
2.3.4 Pumped Storage Power System 麻豆原创 Restraints
3 Competition Landscape by Key Players
3.1 Global Top Pumped Storage Power System Players by Revenue
3.1.1 Global Top Pumped Storage Power System Players by Revenue (2020-2025)
3.1.2 Global Pumped Storage Power System Revenue 麻豆原创 Share by Players (2020-2025)
3.2 Global Pumped Storage Power System 麻豆原创 Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Global Key Players Ranking by Pumped Storage Power System Revenue
3.4 Global Pumped Storage Power System 麻豆原创 Concentration Ratio
3.4.1 Global Pumped Storage Power System 麻豆原创 Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by Pumped Storage Power System Revenue in 2024
3.5 Global Key Players of Pumped Storage Power System Head office and Area Served
3.6 Global Key Players of Pumped Storage Power System, Product and Application
3.7 Global Key Players of Pumped Storage Power System, Date of Enter into This Industry
3.8 Mergers & Acquisitions, Expansion Plans
4 Pumped Storage Power System Breakdown Data by Type
4.1 Global Pumped Storage Power System Historic 麻豆原创 Size by Type (2020-2025)
4.2 Global Pumped Storage Power System Forecasted 麻豆原创 Size by Type (2026-2031)
5 Pumped Storage Power System Breakdown Data by Application
5.1 Global Pumped Storage Power System Historic 麻豆原创 Size by Application (2020-2025)
5.2 Global Pumped Storage Power System Forecasted 麻豆原创 Size by Application (2026-2031)
6 North America
6.1 North America Pumped Storage Power System 麻豆原创 Size (2020-2031)
6.2 North America Pumped Storage Power System 麻豆原创 Growth Rate by Country: 2020 VS 2024 VS 2031
6.3 North America Pumped Storage Power System 麻豆原创 Size by Country (2020-2025)
6.4 North America Pumped Storage Power System 麻豆原创 Size by Country (2026-2031)
6.5 United States
6.6 Canada
7 Europe
7.1 Europe Pumped Storage Power System 麻豆原创 Size (2020-2031)
7.2 Europe Pumped Storage Power System 麻豆原创 Growth Rate by Country: 2020 VS 2024 VS 2031
7.3 Europe Pumped Storage Power System 麻豆原创 Size by Country (2020-2025)
7.4 Europe Pumped Storage Power System 麻豆原创 Size by Country (2026-2031)
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 Storage Power System 麻豆原创 Size (2020-2031)
8.2 Asia-Pacific Pumped Storage Power System 麻豆原创 Growth Rate by Region: 2020 VS 2024 VS 2031
8.3 Asia-Pacific Pumped Storage Power System 麻豆原创 Size by Region (2020-2025)
8.4 Asia-Pacific Pumped Storage Power System 麻豆原创 Size by Region (2026-2031)
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 Storage Power System 麻豆原创 Size (2020-2031)
9.2 Latin America Pumped Storage Power System 麻豆原创 Growth Rate by Country: 2020 VS 2024 VS 2031
9.3 Latin America Pumped Storage Power System 麻豆原创 Size by Country (2020-2025)
9.4 Latin America Pumped Storage Power System 麻豆原创 Size by Country (2026-2031)
9.5 Mexico
9.6 Brazil
10 Middle East & Africa
10.1 Middle East & Africa Pumped Storage Power System 麻豆原创 Size (2020-2031)
10.2 Middle East & Africa Pumped Storage Power System 麻豆原创 Growth Rate by Country: 2020 VS 2024 VS 2031
10.3 Middle East & Africa Pumped Storage Power System 麻豆原创 Size by Country (2020-2025)
10.4 Middle East & Africa Pumped Storage Power System 麻豆原创 Size by Country (2026-2031)
10.5 Turkey
10.6 Saudi Arabia
10.7 UAE
11 Key Players Profiles
11.1 Voith
11.1.1 Voith Company Details
11.1.2 Voith Business Overview
11.1.3 Voith Pumped Storage Power System Introduction
11.1.4 Voith Revenue in Pumped Storage Power System Business (2020-2025)
11.1.5 Voith Recent Development
11.2 Merus
11.2.1 Merus Company Details
11.2.2 Merus Business Overview
11.2.3 Merus Pumped Storage Power System Introduction
11.2.4 Merus Revenue in Pumped Storage Power System Business (2020-2025)
11.2.5 Merus Recent Development
11.3 Drax Group
11.3.1 Drax Group Company Details
11.3.2 Drax Group Business Overview
11.3.3 Drax Group Pumped Storage Power System Introduction
11.3.4 Drax Group Revenue in Pumped Storage Power System Business (2020-2025)
11.3.5 Drax Group Recent Development
11.4 GE Renewable Energy
11.4.1 GE Renewable Energy Company Details
11.4.2 GE Renewable Energy Business Overview
11.4.3 GE Renewable Energy Pumped Storage Power System Introduction
11.4.4 GE Renewable Energy Revenue in Pumped Storage Power System Business (2020-2025)
11.4.5 GE Renewable Energy Recent Development
11.5 Siemens
11.5.1 Siemens Company Details
11.5.2 Siemens Business Overview
11.5.3 Siemens Pumped Storage Power System Introduction
11.5.4 Siemens Revenue in Pumped Storage Power System Business (2020-2025)
11.5.5 Siemens Recent Development
11.6 Duke Energy
11.6.1 Duke Energy Company Details
11.6.2 Duke Energy Business Overview
11.6.3 Duke Energy Pumped Storage Power System Introduction
11.6.4 Duke Energy Revenue in Pumped Storage Power System Business (2020-2025)
11.6.5 Duke Energy Recent Development
11.7 Black & Veatch
11.7.1 Black & Veatch Company Details
11.7.2 Black & Veatch Business Overview
11.7.3 Black & Veatch Pumped Storage Power System Introduction
11.7.4 Black & Veatch Revenue in Pumped Storage Power System Business (2020-2025)
11.7.5 Black & Veatch Recent Development
11.8 Ludington
11.8.1 Ludington Company Details
11.8.2 Ludington Business Overview
11.8.3 Ludington Pumped Storage Power System Introduction
11.8.4 Ludington Revenue in Pumped Storage Power System Business (2020-2025)
11.8.5 Ludington Recent Development
11.9 Enel Group
11.9.1 Enel Group Company Details
11.9.2 Enel Group Business Overview
11.9.3 Enel Group Pumped Storage Power System Introduction
11.9.4 Enel Group Revenue in Pumped Storage Power System Business (2020-2025)
11.9.5 Enel Group Recent Development
12 Analyst's Viewpoints/Conclusions
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.1.1 Research Programs/Design
13.1.1.2 麻豆原创 Size Estimation
13.1.1.3 麻豆原创 Breakdown and Data Triangulation
13.1.2 Data Source
13.1.2.1 Secondary Sources
13.1.2.2 Primary Sources
13.2 Author Details
13.3 Disclaimer
Voith
Merus
Drax Group
GE Renewable Energy
Siemens
Duke Energy
Black & Veatch
Ludington
Enel Group
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*If Applicable.