In-Pipe Hydro Systems Market - Global Industry Analysis, Size, Share 2024 | Research Report
In-pipe hydro systems refers to micro hydro turbines that can generate power up to 100kW from pipe water, harnessing the wasted energy of the flowing water in the modern water distribution system. These in-pipe hydro systems are found to be efficient to serve the demand from small-scale commercial and residential complexes. As the energy requirements escalate worldwide due to increasing population, the need for alternate resources is escalating and in-pipe hydro systems is among the new technology that is gaining popularity. Concurrently, the global market for in-pipe hydro systems is projected for a healthy growth rate during the forecast period of 2016 to 2024.
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This report on global in-pipe hydro systems market is a comprehensive analysis of all the factors that may influence the demand in the near future, and also highlights some of the trends that must be noted by the market players to gain advantage over their rivals. By type, the report segments the market into internal and external in-pipe hydro systems, which can be further sub-segmented into mini–hydro, micro–hydro, and pico–hydro power plants, while on the basis of application, the market can be divided into factory, power stations, and others. One of the key aspect of the report is the section on company profiles wherein several prominent players have been analyzed for their market shares, manufacturing base, competitors, production, revenue, price, and gross margin.
Global In-Pipe Hydro Systems Market: Drivers and Restraints
Rapid urbanization, especially in the emerging economies, which is leading to the development of smart cities with technologically advanced set-ups, is the primary driver in the global in-pipe hydro systems market. These cities are well planned and constant emphasis is being put on conserving energy via power metering devices, heating and cooling systems and drainage systems. Additionally, several governments across the world are providing incentives for innovative methods of energy conservation, which will also reflect positively on the global in-pipe hydro systems during the forecast period. Moreover, since the energy production is completely free from external weather conditions, the popularity is growing. However, the time consumed for the installation of these systems and the initial investments required are two factors that are expected to hinder the growth.
Internal in-pipe hydro systems are more compact with an ability to generate power ranging from as low as 5 W up to 100 kW. These are available in a range of pipe diameter-centered varieties such as hydro coils, in-line impellers, and Gorlov vertical axis turbines. On the other hand, the external systems are equipped with specialized conduits for intake and outlet of water, which requires them to have large space for set-up.
Global In-Pipe Hydro Systems Market: Regional Outlook
Geographically, the report studies the lucrativeness of the regional markets for in-pipe hydro systems in North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. Currently, Asia Pacific is the most profitable market as several emerging economies such as India, China, and Malaysia are experiencing a surge in construction of commercial and residential buildings with enhanced facilities.
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Companies mentioned in the research report
Some of the prominent companies in the global in-pipe hydro systems market are Lucid Energy, Leviatan Energy Hydroelectric LLC., Toshiba Corporation Power Systems & Services Company, and Xinda Green Energy Co.,Limited, Natel Energy, Rentricity, Fuji Electric Systems, Kubota Corporation, Arup and Hitachi Industrial Equipments Co. Ltd.
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