Hydropower Market 2021 Analysis by Recent Developments and Demand Outlook- EPC Companies, Bechtel Corporation, Worley Parsons Limited, Equipment Suppliers

The report presents an in-depth assessment of the Hydropower Market including enabling technologies, key trends, market drivers, challenges, standardization, regulatory landscape, deployment models, operator case studies, opportunities, future roadmap, value chain, ecosystem player profiles and strategies. The report also presents forecasts for Hydropower from 2021 till 2025. The report covers the pre COVID-19 historic data, impact of COVID-19 and post-COVID-19 (Corona Virus) impact on various regions and major countries and on the future development of the industry is pointed out.

The global hydropower market is expected to grow at a CAGR of more than 2.5% over the period of 2020-2025.

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The report presents the market competitive landscape and a corresponding detailed analysis of the major vendor/key players in the market. Top Companies in the Global Hydropower Market: Duke Energy Corp., China Yangtze Power Co. Ltd, Hydro-Quebec, Statkraft AS, EPC Companies, Bechtel Corporation, Worley Parsons Limited, Equipment Suppliers, Acciona SA, Andritz Hydro, BC Hydro and Power Authority, Centrais Eletricas Brasileiras SA, General Electric Company, Voith Hydro  and others.

Market Overview:

- The large hydropower segment is expected to hold the major market share in 2019, and it is likely to dominate the market during the forecast period.
- More than 81% of the large dams across the globe are single-purpose dams. Converting these dams into hydropower dams is expected to create a huge opportunity for the EPC and hydropower plant operators in the near future. Many countries such as Canada, Vietnam, and others have placed hydropower at the forefront of their energy transformation. This, in turn, is likely to create a significant amount of opportunities for the players engaged in the hydropower market in the near future.
- Asia-Pacific has dominated the hydropower market, with the majority of the demand coming from China, India, Japan, and other Southeast Asian countries.

Regional Analysis For Hydropower Market:

North America (The United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)

Market Key Trends:

Large Hydropower to Dominate the Market

- In 2018, large hydropower installed capacity accounted for more than 50% of the total hydropower installed capacity across the globe.
- In line with the hydropower master plan, the government of Uganda is fast-tracking the development of the identified hydropower sites. The country is currently implementing two flagship hydropower projects including Isimba (183.2 MW) and Karuma (600 MW). Other large hydropower plants being developed include Ayago (840 MW), Orianga (392 MW), Uhuru (350 MW), and Kiba (290 MW). These projects are expected to boost the large hydropower capacity in the region in the coming years.
- Another major project under development is the 1,800 MW Grand Eweng project which is expected to be the fourth largest hydropower plant in Africa following its completion in 2024. Other planned projects include Kpep (485 MW) and Makay (365 MW). With these projects, Cameroon is expected to have added about 3,000 MW of hydropower capacity by 2025.
- Adding to this, the South America region is undergoing the rehabilitation and expansion of some major hydropower projects in Brazil, Paraguay, and Argentina. Itaipu, the worlds largest dam by electricity generation, owned jointly by the governments of Brazil and Paraguay, began a 10-year global modernization project. Such projects are also expected to create a significant demand for equipments and service providers during the forecast period.

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What are the market factors that are explained in the report?

-Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.

-Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.

-Analytical Tools: The Global Hydropower Market report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, SWOT analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.

Customization of the Report: This report can be customized as per your needs for additional data up to 3 companies or countries or 40 analyst hours.

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