The Global Hydropower Market is Forecast to Reach $98.6 Billion by 2026, Driven by the Low Investment Cost & Long Life Cycle and Increasing Electricity Charges - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Nov 9, 2018--The “Hydropower - Global Market Outlook (2017-2026)” report has been added to ResearchAndMarkets.com’s offering.
According to this report, the Global Hydropower market accounted for $ 64.4 billion in 2017 and expected to grow at a CAGR of 4.8% to reach $98.6 billion by 2026.
The low investment cost & long life cycle and the increasing electricity charges are some of the factors driving towards the market growth. However, the logistics costs incurred and the climatic conditions are hampering the market. There are ample opportunities generated by small hydropower segment.
By capacity, small hydropower is the process of generation of power for local communities and distributions. The small hydropower posses high competitive atmosphere and is rely completely upon government regulations. Asia Pacific is one of the regions to witness high market demand for small hydropower.
Asia Pacific is the leading regional market for the hydropower industry, with countries like China that are representing the vast share in the total installed capacity of hydropower plants globally. The country has more than 50% of unused hydropower potential. China has a target to reduce the dependencies on coal. In addition other emerging nations like india provide ample opportunities in the market.
Key Topics Covered
1 Executive Summary
3 Market Trend Analysis
4 Porters Five Force Analysis
5 Global Hydropower Market, By Capacity
6 Global Hydropower Market, By Type
7 Global Hydropower Market, By Application
8 Global Hydropower Market, By Geography
9 Key Developments
10 Company ProfilingVoith Group Statkraft Ontario Power Generation Nepal Electricity Authority Georgia Power General Electric Duke Energy BC Hydro Andritz AG ABB Ltd Acciona Energia, S.A. MidAmerican Energy Holdings Company Mitsubishi Heavy Industries Ltd. Tata Power Corporation (India) Duke Energy
For more information about this report visit https://www.researchandmarkets.com/research/9zs9g6/the_global?w=4
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Related Topics:Hydro Power
INDUSTRY KEYWORD: ENERGY ALTERNATIVE ENERGY
SOURCE: Research and Markets
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PUB: 11/09/2018 11:57 AM/DISC: 11/09/2018 11:57 AM