Demand for clean and renewable source of energy has led to the development of the small hydropower market. Since small hydropower requires minimal reservoirs and civil construction work it has very low or no negative impact on the environment. The market for small hydropower has been rapidly expanding, predominantly due to government incentives and subsidies.
Albany, NY -- (SBWIRE) -- 06/02/2016 -- This research study analyzes the small hydropower market in terms of installed capacity (GW). The market has been segmented on the basis of geography. For the research, 2014 has been taken as the base year, while all forecasts have been given for the period from 2015 to 2023. Market data for all the segments has been provided at the regional as well as country-specific level from 2015 to 2023. The report provides a broad competitive analysis of companies engaged in the small hydropower business. The report also includes the key market dynamics such as drivers, restraints, and opportunities affecting the small hydropower market. These market dynamics were analyzed in detail and are illustrated in the report with the help of supporting graphs and tables. The report also provides a comprehensive industry analysis of small hydropower with the help of Porter's Five Forces model. This analysis helps in understanding the five major forces that affect the market structure and profitability of the global small hydropower market. The forces analyzed are bargaining power of buyers, bargaining power of suppliers, threat of new entrants, threat of substitutes, and degree of competition.
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The high-level analysis in the report provides detailed insights into the small hydropower business globally. There are currently numerous drivers of the market. One of the most prominent drivers is the low generation cost compared to other off-grid renewable technologies. Market attractiveness analysis was carried out for the small hydropower market on the basis of installed capacity and untapped potential. Market attractiveness was estimated on the basis of common parameters that directly impact the market in different regions.
The small hydropower market was analyzed across five geographies: North America, Asia Pacific, Europe, Middle East and Africa, and South and Central America. Regional data has been provided for each sub-segment of the small hydropower market. Key players in the small hydropower market include Voith GmbH, ANDRITZ HYDRO GmbH, Alstom S.A., BC Hydro, and StatKraft AS. The report provides an overview of these companies, followed by their financial details, business strategies, and recent developments.
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Small Hydropower Market: By Region
North America
Europe
Asia Pacific
Middle East and Africa
South and Central America
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