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Small Hydropower Market Expected To Trigger A Revenue To $3.49 Billion By 2027 | Grand View Research, Inc.

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Small Hydropower Market Expected To Trigger A Revenue To $3.49 Billion By 2027 | Grand View Research, Inc.

August 19
13:08 2020
Small Hydropower Market Expected To Trigger A Revenue To $3.49 Billion By 2027 | Grand View Research, Inc.

Grand View Research, Inc. – Market Research And Consulting.
According to report published by Grand View Research, The global small hydropower market size was valued at USD 2.98 billion in 2019 and is expected to grow at a compound annual growth rate (CAGR) of 2.0% from 2020 to 2027.

The global small hydropower market size is expected to reach USD 3.49 billion by 2027, according to a new report by Grand View Research, Inc., expanding at a CAGR of 2.0% from 2020 to 2027. Cost advantages for installing small hydropower based power generation and the replacement of fossil fuel-based electricity production in an effort to reduce carbon emission into the atmosphere are expected to drive the market.

A supportive regulatory framework for supportable energy in the European Union and the United States is also likely to have a positive influence on market growth. Execution of favorable government regulations such as the Small Conduit Hydropower Development and Rural Jobs Act and Hydropower Regulatory Efficiency Act in the United States and an increasing number of funding programs related to the renewable energy sector in various developed countries, such as Canada and Italy, are some of the factors projected to present future growth prospects.

Increasing investments in small hydropower projects to surge the rural electrification in emerging countries are likely to drive the market. Besides, the assistance in the form of fewer interest loans and allowances, renewable purchase obligations, feed-in tariffs, and financial incentives would further assist the growth of this market. An unstable source as the energy generation that depends upon seasonal lows and highs can curb the growth of the market.

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U.S. small hydropower market size, by capacity, 2016 - 2027 (USD Million)

China, India, and Australia are the fastest growing countries contributing mainly to the Asia Pacific market growth. The small hydropower market in Australia is set to expand at a CAGR of 1.9% from 2020 to 2027. The Asia Pacific market is projected to rise during the estimated period owing to the investments in off-grid energy generation and rural electrification. Moreover, the availability of probable sites, along with the presence of a skilled workforce, is expected to favor countries, such as India and China, in market growth.

Small Hydropower Market Report Highlights

l By type, the mini-hydropower segment is expected to witness the fastest growth over the forecast period

l Asia Pacific is projected to grow at a substantial rate throughout the forecast period. China is expected to account for the maximum share in the Asia Pacific region in the forecast period

l Based on application, the civil construction segment accounted for 32.0% share of total volume in 2019

l Brazil dominated the Central & South America market and is set to reach USD 103.59 million by 2027. Growth in the industrial sector accompanied by a huge hydro potential location owing to the Amazon River will fuel market growth.

Global small hydropower market share, by type, 2019 (%)

Browse Details of Report, Please Visit @ https://www.grandviewresearch.com/industry-analysis/small-hydropower-market

Small Hydropower Market Segmentation

Grand View Research has segmented the global small hydropower market on the basis of capacity, type, application, and region:

Small Hydropower Capacity Outlook (Revenue, USD Million, 2016 – 2027)

Up to 1 MW

1 to 10 MW

Small Hydropower Type Outlook (Revenue, USD Million, 2016 – 2027)

Mini Hydropower

Micro Hydropower

Small Hydropower Application Outlook (Revenue, USD Million, 2016 – 2027)

Electromechanical equipment

Power Infrastructure

Civil Construction

Others

Small Hydropower Regional Outlook (Revenue, USD Million, 2016 – 2027)

North America

The U.S.

Canada

Mexico

Europe

Germany

The U.K.

France

Russia

Spain

Italy

Asia Pacific

China

India

Japan

South Korea

Australia

Central and South America

Brazil

Colombia

Paraguay

MEA

Saudi Arabia

UAE

South Africa

Egypt 

List of Key Players of Small Hydropower Market

Voith GmbH & Co. KGaA

ANDRITZ

GENERAL ELECTRIC

TOSHIBA CORPORATION

Siemens Gas and Power GmbH & Co. KG

BHEL

Gilkes Hydro

Natel Energy, Inc.

FLOVEL Energy Private Limited

SNC-Lavalin Group

HNAC Capacity Co., Ltd.

MavelAS

Kolektor

Canyon Industries, Inc.

Key Topics Covered 

Table of Content

Chapter 1. Methodology and Scope

                    1.1. Market segmentation & scope

                    1.2. Information procurement

                         1.2.1. Purchased database

                         1.2.2. GVR’s internal database

                         1.2.3. Secondary sources &third-party perspectives

                         1.2.4. Primary research

                    1.3. Information analysis

                         1.3.1. Data analysis models

                    1.4. Market formulation & data visualization

                    1.5. Data validation & publishing

Chapter 2. Executive Summary

Chapter 3. Market Definitions

Chapter 4. Small Hydropower Market Variables, Trends & Scope

                    4.1. Market Size and Growth Prospects

                    4.2. Industry Value Chain Analysis

                    4.3. Market Dynamics

                         4.3.1. Market Driver Analysis

                         4.3.2. Market Restraint Analysis

                         4.3.3. Opportunity Assessment

…. continue

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About Grand View Research

Grand View Research provides syndicated as well as customized research reports and consulting services on 46 industries across 25 major countries worldwide. This U.S.-based market research and consulting company is registered in California and headquartered in San Francisco. Comprising over 425 analysts and consultants, the company adds 1200+ market research reports to its extensive database each year. Supported by an interactive market intelligence platform, the team at Grand View Research guides Fortune 500 companies and prominent academic institutes in comprehending the global and regional business environment and carefully identifying future opportunities.

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