Small Hydropower Market Demand & Future Scope Including Top Players Voith GmbH, Andritz Hydro, GE, Siemens, Agder Energi AS

Global Small Hydropower Market size by installed base was more than 110 GW for 2015 and is predicted to register more than 2.5% growth during the forecast period. Demand for pure and renewable source of energy has resulted in growth of the industry. The reason being that hydropower is purest form of renewable energy and does not pollute the environment by emitting hazardous pollutants like carbon dioxide. Also, small hydropower needs less reservoirs and construction activity it has negligible impact on environment. Further, the industry is rapidly growing owing to favourable government policies and government subsidies, tax benefits & incentives.

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.

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o Pages: 90
o Tables: 33
o Charts / Figures: 10
o Companies covered: 11
o Countries covered: 19

A favorable regulatory landscape is a key factor propelling the growth of large hydropower market. Institutions such as the World Bank, Aquila Capital, and the Climate Aligned Bonds Initiative are renowned to contribute massively toward the growth of hydropower industry by means of heavy investments and other initiatives. In 2015, for example, the Climate Aligned Bonds Initiative allotted labeled green bonds worth USD 41.8 billion, to increase the share of electricity supply from hydroelectric stations.

MEA small hydropower market is predicted to experience substantial expansion in future owing to rise in demand for electricity and renewable energy across nations like Egypt, Kenya and Nigeria in the region.

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Key industry players profiled in the report include:
o RusHydro
o ALSTOM
o Lanco Group
o Andritz Hydro
o Agder Energi AS
o SIEMENS AG
o BC Hydro
o StatKraft
o Siemens
o Ontario Power Generation Incorporation
o Fortum Oyj
o ANDRITZ HYDRO GmbH
o Voith GmbH
o GE

Large capacity products held more than 80% of global hydropower industry share in 2016 and are expected to grow remarkably over the next few years. This growth can be credited to the rising demand for uninterrupted electricity supply. In addition, these products will be installed at the upgraded hydropower facilities, which will further propel the business expansion. The upgradation of existing facilities will be a major factor driving large hydropower market over the coming years. For instance, Agder Energi, in 2013, awarded a deal worth USD 24.4 million to Alstom for upgrading the Iveland II hydroelectric plant. This facility, based in Norway, has a generating capacity of around 150 GWh and is forecast to contribute significantly toward the growth of Norway hydropower industry.

Small Hydropower Market Growth Drivers:
o Positive outlook on renewable energy
o Increasing global electricity consumption
o Suitable for remote and rural areas

Table Of 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

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