Hydropower Market Geographical Segmentation, Comprehensive Analysis to 2024 | Key Companies Alstom Power, Voith Group, EDF, J-Power, Eskom, Genex, Toshiba, DONGFANG ELECTRIC CORPORATION (DEC)

Small Hydropower Market is slated to establish its footprints globally. This segment is likely to be augmented by the low costs of civil construction and the rising measures to eliminate carbon and GHG emissions. In fact, in 2015, the Small-Scale Hydro Power Program had been launched by the Economic Community of West African States to achieve a share of 33% from hydropower toward the overall energy supply, which will subsequently propel small hydropower industry share.

large hydropower capacity segment accounted more than 80% of overall hydropower marketshare, subject to the rigorous deployment of power stations and projects for upgradation. ANDRITZ AG, an Australian company, installed three hydroelectric stations in Brazil and Nicaragua with an aim to provide reliable electricity, by spending USD 75 million collectively.

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Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:
1. Alstom Power
2. Voith Group
3. EDF
4. J-Power
5. Eskom
6. Genex
7. Toshiba
8. DONGFANG ELECTRIC CORPORATION (DEC)
9. SinoHydro
10. Northland Power
11. Eskom Holdings SOC Ltd
12. Schluchseewerk AG Enel

Hydropower Market is driven by a relatively long shelf life, reliability, large-scale power rollout, and reduced operational and maintenance costs. Manufacturing electricity aided by the conversion of kinetic energy into electric current has been one of very old techniques of power generation. Of late, hydropower industry has gained renewed traction pertaining to the strict regulations laid down by the government as regards to energy conservation.

The U.S. held more than 50% of North America hydropower industry share in 2016 and is expected to grow massively over the coming years. The region is a treasure house of untapped reserves, which will propel the business trends. In addition, the government has been implementing stringent measures to curb GHG emissions and supply clean, uninterrupted power, which will stimulate hydropower market. The companies in the U.S. as well as the regulatory bodies have been making substantial investments toward the adoption of sustainable energy, which will lead U.S. hydropower industry to grow at a CAGR of 2% over 2017-2024.

The contribution of regulatory bodies toward the growth of hydropower market is indeed commendable. Recently, in April 2017, the EIA (Energy Information Administration) had scrutinized that the CUF (capacity utilization factor) for hydroelectricity was more than 60%, while the CUF for solar PV electricity was only 25%. This factor is expected to propel hydropower industry over the coming seven years. In addition, the governments across various geographies have been taking appreciable efforts to condemn the wastage of energy and encourage the adoption of renewable energy sources. A number of reliable statistics bear testimony to this fact.

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