Small Hydropower Market Latest Report on Demand 2019 With Global Trends, Growth and Key Companies Analysis – Voith GmbH, Andritz Hydro, GE, Siemens, Agder Energi AS and more
The last few years have been extremely profitable for the global small hydropower market with government bodies around the world rooting for renewable sources of energy. Besides being eco-friendly, small hydro plants make a clean source of renewable energy and also one of the cheapest ones available in the market today. Spurred by these factors, the global small hydropower market is poised to exhibit a robust growth between 2015 and 2022.Small hydro power plants have a life span of nearly 50 years hence make a reliable and economical source of energy. In addition, setting up these plants require low capital investment considering they require minimum reservoirs and civil construction works. Transparency Market Research (TMR) adds that operational and maintenance cost incurred in any small hydropower plant is seldom over 2% to 3% of the overall capital cost.
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Global Hydrogen Fuel Cells Market Segment by Manufacturers, this report covers: –
Voith GmbH, Andritz Hydro, GE, Siemens, Agder Energi AS, 24H - Hydro Power, Lanco Group, Derwent Hydroelectric Power, StatKraft, RusHydro, Fortum Oyj
On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into
Small Hydro (1 MW - 20 MW)
Mini Hydro (100 kW - 1 MW)
Micro Hydro (5 kW - 100 kW)
Other
On the basis of the end users/applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate for each application, including
Residential Electricity
Commercial Electricity
Industrial Electricity
Most of Southeast Asia (SEA) consists of developing nations, and their electricity requirements are expected to steadily increase in the coming decades, as their Gross Domestic Product (GDP) increases. There is a global push toward decoupling GDP growth and carbon emissions, particularly in developing countries.
Besides solar, wind, geothermal, and bioenergy, SEA is considering small hydropower as a viable source for electricity generation. With the presence of many rivers and a high potential for small hydropower, SEA's market may be a good source of potential opportunities for turbine manufacturing companies.
Most of Southeast Asia (SEA) consists of developing nations, and their electricity requirements are expected to steadily increase in the coming decades, as their Gross Domestic Product (GDP) increases. There is a global push toward decoupling GDP growth and carbon emissions, particularly in developing countries.
Besides solar, wind, geothermal, and bioenergy, SEA is considering small hydropower as a viable source for electricity generation. With the presence of many rivers and a high potential for small hydropower, SEA's market may be a good source of potential opportunities for turbine manufacturing companies.
This analysis observes the current state of the market in terms of installed capacity and the number of turbine units that are being used for hydropower generation.
Small hydropower has multiple definitions that vary depending on countries, experts, or organizations' preferences. In this study, small hydropower is defined as any hydropower project that uses hydro turbines of rated capacity between 1 and 30 megawatts (MW). The study covers the countries of Indonesia, Malaysia, the Philippines, Thailand, and Vietnam.
The market is measured in terms of the number of turbine units in existence, as well as the rated power capacity of these units. This study quantifies the existing market for the base year of 2017 and forecasts the same for the time period of 2018-2022. The study covers market drivers and restraints, market forecasts and trends, the industry value chains, typical project delivery models, and risks/barriers to entry, for all the countries mentioned.
The study also points out various opportunities for growth, in existing and upcoming projects, in the small hydropower market in SEA. It also provides suggestions on what companies can do to capitalize on these opportunities, such as the types of turbines to focus on or additional services that could be provided to the sector.
This study was performed using a bottom-up qualitative and quantitative analysis, using secondary research, of all small hydropower projects in SEA that are currently active or under construction. The results obtained were verified with primary sources to ensure the integrity and authenticity of data.
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