Press release
Small Hydropower Market Key industry participants include Voith, Andritz Hydro and GE, Siemens
Small Hydropower Market
Rising environmental concerns pertaining to GHG emission and favorable regulatory policies to promote small hydropower in remote areas as a sustainable energy generation are promising trend to positively influence industry demand.
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Asia dominated the global electricity consumption accounted at over 40% of the total demand in 2015. Availability of potential sites coupled with presence of skilled labor is forecast to favor China and India small hydropower market growth. Vietnam small hydropower market is set to gain at over 6.5% CAGR up to 2024. Dense rivers with more than 2000 streams & rivers with length of over 9 km are the favorable natural assets to build SHP plant.
U.S. dominated the North America small hydropower market size, with installed capacity of 6.98 GW in 2015. Regulatory compliances by FERC to encourage renewable energy production accompanied by need to supply electricity in non-grid connectivity areas should positively influence market growth.
Growth in BRICS economy, and government efforts to supply electricity in remote areas. Supply issues in locations with no grid availability will open up opportunities for small hydropower plants. France is set to grow at more than 3% CAGR up to 2024. Efforts by various authorities such as European Small Hydropower Association (ESHA) to promote SHP are expected trending factor to fuel regional demand.
Africa small hydropower market share is forecast to grow at 3.9% CAGR up to 2024. The country owns immense untapped hydropower potential but government does not have enough capital to build plant itself. Foreign investment is among the key initiative to enhance industry growth.
Line stability, high lighting intensity, load shedding, inadequate equipment to compatible with old infrastructure may hinder small hydropower industry evolution. Another challenge is the existing substation, where the plant can be interconnected owing to houses and buildings are built nearby with no provisions was made for expansion.
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To build a SHP plant it is essential to have an available & sustainable water stream within few hundred feet from the energy consumers. Logistics cost owing to less connectivity with the main city are expected challenging factors.
Report Content
Chapter 1 Methodology and Scope
1.1. Research Methodology
1.1.1. Initial data exploration
1.1.2. Statistical modeling and forecast
1.1.3. Industry insights and validation
1.2. Data Sources
Chapter 2 Executive Summary
2.1. Small hydropower industry 360o synopsis, 2014 - 2024
2.1.1. Business trends
2.1.2. Regional trends
Chapter 3 Small Hydropower Industry Insights
3.1. Industry segmentation
3.2. Industry Size and forecast, 2014 - 2024
3.3. Industry ecosystem analysis
3.3.1. Vendor matrix
3.4. Innovation & Sustainability
3.5. Regulatory framework
Chapter 4 Small hydropower Regional Insights
4.1. Small hydropower market share by region, 2015 & 2024
4.2. North America
4.2.1. Market estimates and forecast, 2014-2024, (MW)
4.2.3. U.S.
4.2.3.1. Market estimates and forecast, 2014-2024, (MW)
4.2.4. Canada
4.2.4.1. Market estimates and forecast, 2014-2024, (MW)
Chapter 5 Competitor Profiles
5.1. Voith GmbH
5.1.1. Business Overview
5.1.2. Financial Data
5.1.3. Product Landscape
5.1.4. Strategic Outlook
About Global Market Insights
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