Pumped hydroelectric storage facilities store energy in the form of water in an upper reservoir, pumped from another reservoir at a lower elevation. During periods of high electricity demand, power is generated by releasing the stored water through turbines in the same manner as a conventional hydropower station.
Global Pumped Storage Facility market is projected to reach US$ million in 2029, increasing from US$ million in 2022, with the CAGR of % during the period of 2023 to 2029. Influencing issues, such as economy environments, COVID-19 and Russia-Ukraine War, have led to great market fluctuations in the past few years and are considered comprehensively in the whole Pumped Storage Facility market research.
Key manufacturers engaged in the Pumped Storage Facility industry include GE Renewable Energy, EDF, Voith Hydro, Schluchseewerk, Toshiba, Dongfang Electric, Northland Power, SinoHydro and Eskom, etc. Among those manufacturers, the top 3 players guaranteed % supply worldwide in 2022.
For production bases, global Pumped Storage Facility production is dominated by and . The two regions contributed to % production share globally in 2022.
When refers to consumption region, % volume of Pumped Storage Facility were sold to North America, Europe and Asia Pacific in 2022. Moreover, China, plays a key role in the whole Pumped Storage Facility market and estimated to attract more attentions from industry insiders and investors.
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Scope of Pumped Storage Facility Market Report:
This report, based on historical analysis (2018-2022) and forecast calculation (2023-2029), aims to help readers to get a comprehensive understanding of global Pumped Storage Facility market with multiple angles, which provides sufficient supports to readers’ strategy and decision making.
Segment by Type:
- Closed-loop System
- Open-loop System
Segment by Application:
- Natural Reservoirs
- Man-made Reservoirs
- Others
Production by Region:
- North America
- Europe
- China
- Japan
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Leading Key Players of Pumped Storage Facility Market:
- GE Renewable Energy
- EDF
- Voith Hydro
- Schluchseewerk
- Toshiba
- Dongfang Electric
- Northland Power
- SinoHydro
- Eskom
- J-Power
- Enel
- ANDRITZ
- TC Energy
- Iberdrola
The Pumped Storage Facility report covers below items:
Chapter 1: Product Basic Information (Definition, type and application)
Chapter 2: Manufacturers’ Competition Patterns
Chapter 3: Production Region Distribution and Analysis
Chapter 4: Country Level Sales Analysis
Chapter 5: Product Type Analysis
Chapter 6: Product Application Analysis
Chapter 7: Manufacturers’ Outline
Chapter 8: Industry Chain, Market Channel and Customer Analysis
Chapter 9: Market Opportunities and Challenges
Chapter 10: Market Conclusions
Chapter 11: Research Methodology and Data Source
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