MARKET INTRODUCTION
The small hydropower is a renewable and clean source of energy that generates electricity by converting the mechanical energy of running water into electric energy. This process is very much similar to the traditional hydroelectric systems. The growing demand for small hydropower is primarily attributed to the financial and policy incentives and numerous small projects such as rural electrification. The Asia Pacific is likely to witness high growth due to increasing government initiatives in the region during the forecast period.
MARKET DYNAMICS
The small hydropower market is anticipated to grow in the forecast period owing to driving factors such as increasing investments in renewable and small hydropower projects. However, unstable supplies are likely to deter the growth of the small hydropower market during the forecast period. On the other hand, integration of IoT with hydropower in the era of connected technologies is expected to provide significant opportunities for the growth of the small hydropower market in the coming years.
MARKET SCOPE
The "Global Small Hydropower Market Analysis to 2028" is a specialized and in-depth study of the energy and power industry with a special focus on the global market trend analysis. The report aims to provide an overview of small hydropower market with detailed market segmentation by capacity, type, component, and geography. The global small hydropower market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading small hydropower market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global small hydropower market is segmented on the basis of capacity, type, and component. Based on type, the market is segmented as up to 1 MW and 1-10 MW. On the basis of the type, the market is segmented as mini hydropower and micro hydropower. The market on the basis of the component is classified as electric infrastructure, electromechanical equipment, civil works, and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global small hydropower market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The small hydropower market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting small hydropower market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South & Central America after evaluating political, economic, social and technological factors affecting the small hydropower market in these regions.
MARKET PLAYERS
The reports cover key developments in the small hydropower market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market players from small hydropower market are anticipated to lucrative growth opportunities in the future with the rising demand for small hydropower in the global market. Below mentioned is the list of few companies engaged in the small hydropower market.
The report also includes the profiles of key small hydropower companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of the last three years, key developments in the past five years.
- ANDRITZ AG
- B fouress(P) Ltd
- General Electric Company
- Gilbert Gilkes & Gordon Ltd
- Greenbug Energy Inc.
- Kolektor Turboin?titut d.o.o.
- Siemens AG
- SNC-Lavalin Group
- Toshiba Energy Systems & Solutions Corporation
- Voith GmbH & Co. KGaA
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.