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Offshore Hydropower Market Analysis And Forecast (2016-2024): Market Shares, Size And Strategies Of Key Players

06-30-2017 05:58 PM CET | Energy & Environment

Press release from: Transparency Market Research-Energy & Mining

Offshore Hydropower Market Analysis And Forecast (2016-2024):

Global Offshore Hydropower Market: Overview

The global offshore hydropower market is substantially gaining from the rising demand for clean energy. Concerns pertaining to the depleting resource of fossil-based fuels and the increasing carbon footprint are fuelling demand for renewable energy, subsequently boosting the global offshore hydropower market.

Browse Market Research Report: http://www.transparencymarketresearch.com/offshore-hydropower-market.html

Offshore hydropower plants can be classified based on their production capacity into large, small, micro, and Pico-hydro power plants. Plants exhibiting a production capacity of more than 30 MW are categorized as large plants. On the other hand plants with a production capacity between 100 KW and 30 MW belong to the small-scale category. Hydropower generation plants having a production capacity of less than 100 KW are included in the category of Pico or micro power plants.

The large systems segment is further categorized into pumped storage, impoundment plants, and diversion plants. Among these, the demand for pumped storage mainly arises during the times of peak demand. Diversion plants are also referred to as run-of-river hydro. While, pumped storages require construction of a reservoir, diversion plants have no such requisites and are thus considered to be the most preferred technology for offshore hydropower generation.

The report presents insights into the growth drivers and restraints influencing the market’s trajectory. The impact of these factors across the various segments is studied in detail. Some of the leading enterprises operating in the market are also profiled in the report to provide a holistic analysis of the prevailing competitive trends.

Global Offshore Hydropower Market: Key Opportunities and Threats

The growing demand for energy derived from renewable sources is helping the market for offshore hydropower gain momentum. On the flip side, the negative effects of the construction of large production systems on wild life and environment are inhibiting the market to an extent. The construction of a large production system requires several permits. Such stringent regulations pose a serious challenge to the market. In addition, high initial investment required for the installation of these systems also threatens the market’s growth

Nevertheless, the market is expected to significantly gain from the energy storage advantages offered by pumped hydropower storage. However, during the report’s forecast period, the small and micro hydro power plants are expected to report the highest CAGR. The increasing demand for decentralized electricity worldwide will give significant impetus to the global offshore hydropower market.

Global Offshore Hydropower Market: Region-wise Outlook

Regionally, Asia Pacific is expected to exhibit attractive opportunities for the global offshore hydropower market. The surging demand for electricity in India and China will aid the expansion of the offshore hydropower market in Asia Pacific. The market will also gain from the widespread adoption of green technologies in the region and favorable government initiatives.

Furthermore, due to the presence of a large number of industry powers in the region, Europe is expected to emerge as a lucrative market for offshore hydropower. Favorable regulatory policies encouraging the construction of these systems will boost the market for hydropower in Europe between 2016 and 2023. North America is also likely to witness a considerable surge in demand for energy derived from hydropower, which in turn will boost offshore hydropower market in the region.

Get accurate market forecast and analysis on the Offshore Hydropower market. Request a sample to stay abreast on the key trends impacting this market @ http://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=11969

Global Offshore Hydropower Market: Competitive Insight

To present an in-depth analysis of the prevailing competitive landscape, the report also profiles companies such as Calpine Corp, First Solar, Siemens, China Yangtze Power, and others. The strengths and weaknesses of these companies are analyzed in detail. The report also examines the threats and opportunities that these companies are expected to witness over the forecast period.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:

Market segments and sub-segments
Market trends and dynamics
Supply and demand
Market size
Current trends/opportunities/challenges
Competitive landscape
Technological breakthroughs
Value chain and stakeholder analysis
The regional analysis covers:

North America (U.S. and Canada)
Latin America (Mexico, Brazil, Peru, Chile, and others)
Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, Luxembourg)
Eastern Europe (Poland, Russia)
Asia Pacific (China, India, Japan, ASEAN, Australia and New Zealand)
Middle East and Africa (GCC, Southern Africa, North Africa)
The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

A complete backdrop analysis, which includes an assessment of the parent market
Important changes in market dynamics
Market segmentation up to the second or third level
Historical, current, and projected size of the market from the standpoint of both value and volume
Reporting and evaluation of recent industry developments
Market shares and strategies of key players
Emerging niche segments and regional markets
An objective assessment of the trajectory of the market
Recommendations to companies for strengthening their foothold in the market

About Us

Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.

Contact Us

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Albany, NY 12207
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Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com/
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