Small Hydropower Market 2021 Global Industry Forecasts Analysis, Competitive Landscape and Key Regions Analysis and grow at a CAGR of 2.7% and is anticipated to reach around USD 4.3 Billion

Small hydropower refers to the technology of producing power by transforming kinetic energy from running water to electricity. Small hydropower plants are installed in streams, small rivers or in an existing water supply network. Hydropower generation is dependent on the water flow of the rivers and can be applied for low-to-medium voltage electric requirements, such as lighting and telecommunication.

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The Global Small Hydropower Market in 2020 was approximately USD 3.8 Billion. The market is expected to grow at a CAGR of 2.7% and is anticipated to reach around USD 4.3 Billion by 2025. Rising financial incentives and assistance in the form of low-interest loans, grants, renewable purchase obligations, and feed-in-tariffs for small hydropower is the key factor enhancing the market growth, also increasing investments in renewable and small hydropower projects in response to weather change, rising positive viewpoint on renewable energy, growing global electricity consumption, escalating energy demand due to the surging population around the world, coupled with the requirement to decrease dependence on the traditional source of power generation are the key factors among others propelling the small hydropower market.

However, the inconsistence supply, as the energy generated based on seasonal highs and lows may impede the market growth. The market for small hydropower is intensely competitive and is highly fragmented. The rise in technological innovations in designing the products for better quality, ease of use and better performance is expected to continue to intensify the level of competition among the companies to expand their product portfolios by incorporating innovative features, into their product.

Key players in the market are Lanco Group, Derwent Hydroelectric Power Ltd, StatKraft, RusHydro, Fortum Oyj, GENERAL ELECTRIC, TOSHIBA CORPORATION, BHEL, Gilkes Hydro, Natel Energy, Inc., FLOVEL Energy Private Limited, SNC-Lavalin Group, HNAC Capacity Co., Ltd., MavelAS, Kolektor, Canyon Industries, Inc, Voith GmbH, Andritz Hydro, GE Siemens, Agder Energi AS, 24H - Hydro Power Ltd and others.

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Based On The Type, The Global Small Hydropower Market Segmented Into

Micro Hydropower
Mini Hydropower

Based On The Capacity, The Global Small Hydropower Market Segmented Into

Up to 1 MW
1–10 MW

Based On The Application, The Global Small Hydropower Market Segmented Into

Electromechanical equipment
Power Infrastructure
Civil Construction
Others

Based On The Region, The Global Small Hydropower Market Segmented Into

Asia-Pacific [China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe [Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America [United States, Canada, Mexico]
Middle East & Africa [GCC, North Africa, South Africa]
South America [Brazil, Argentina, Columbia, Chile, Peru]

This Small Hydropower market report provides insights on new trade regulations, import export analysis, industry value chain analysis, market size, consumption, production analysis, capacity analysis, regional and segment market share, product launches, product pipeline analysis, impact of Covid-19 on supply chain, key regions, untapped markets, patent analysis, product approvals, continuous innovations and developments in the market.

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