Press release
Hydropower Generation Market Investment Feasibility, Demand, Trend, Segmentation and Opportunities Forecast To 2025
Hydropower is the most mature, reliable and cost-effective renewable power generation technology where power is derived from the energy of water moving from higher to lower elevations. It is a proven, anticipated, and typically price-competitive technology. Hydropower has one of the best efficiencies of conversion of all known energy sources (water to wire 90 percent efficiency).Hydropower installations have been registering steady growth, majorly driven by the demand for reliable, clean, and affordable power, as countries seek options to meet the carbon reduction goals set out in the Paris Agreement. Electricity generation, especially from conventional coal and petroleum-based power plants, has been identified as a significant source of greenhouse gas emission. Electricity, however, is a resource that people cannot live without, and its demand is only increasing, with growing industrialization and urbanization. This has forced governments of various countries to focus on renewable energy sources (such as wind, solar, hydro, nuclear, geothermal, etc.), which have the capability of generating clean electricity.
Asia-Pacific region continues to account for the largest share of the global installed hydropower of all regions in the world. China alone accounts for more than 25% of the global hydropower capacity, and added approximately 11.74 GW of new capacity in 2017, including 3.74 GW of pumped storage, taking its total installed capacity to 331 GW, including 26.7 GW of pumped storage. China is expected to witness capacity expansion by 2023, in line with the nation’s strategy to minimize reliance on coal. The country has most of unutilized hydropower potential. Therefore, there is a considerable prospect for further hydro development.
The global Hydropower Generation market was xx million US$ in 2018 and is expected to xx million US$ by the end of 2025, growing at a CAGR of xx% between 2019 and 2025.
Get PDF template of this report: https://www.qyresearch.com/sample-form/form/1118216/global-hydropower-generation-market
This report studies the Hydropower Generation market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Hydropower Generation in these regions, from 2014 to 2025, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil etc.)
Middle East and Africa (Egypt and GCC Countries)
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include
BC Hydro
Hydro-Québec
Rus Hydro
China Yangtze Power
Agder Energi
Duke Energy Corporation
Georgia Power Company
Ontario Power Generation
Stat Kraft
By the product type, the market is primarily split into
Large Hydropower
Small Hydropower
By the end users/application, this report covers the following segments
Industrial
Residential
Commercial
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