Global Hydropower Market Segmented Application and Geography Trends, Growth and Forecasts to 2021 – 2030

In a recently published report, Global Hydropower Market report for till 2030. The report further now discusses; the various strategies to be adopted or being adopted by the business players across the globe at various levels in the value chain. In view of the global economic slowdown, we further estimated that China, India, Japan and South Korea to recover fastest amongst all the countries in the Asian market. Germany, France, Italy, Spain to take the worst hit and this hit is expected to regain 25% by the end of 2021- Positive Growth in the economic demand and supply.

U S Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analysis and U.S. Census Bureau mention the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4 billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) average exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilst imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for Global Hydropower Market products.

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It is also anticipated to grow on account of the growing demand for alternative renewable energy sources, backed by the growing concern for pollution worldwide emitted from burning conventional fuel sources. Total electricity capacity from renewable energy sources around the world increased from around 750,000MW in 2000 to about 2,500,000MW in 2019. Additionally, electricity from hydropower energy, wind, solar, and bioenergy, grew from around 780000MW, 16000MW, 1200MW, and 29000MW in 2000 to 1300000MW, 620000MW, 580000MW, and 120000MW in 2019 respectively.

Hydropower is the most cost-effective method of renewable power generation where electricity is generated by converting the kinetic energy of flowing water into electric current. It is one of the oldest sources of energy generation used since thousands of years ago. It is the world’s largest source of renewable power generation and with uses in over 100 countries, it accounts for nearly 20% of the world’s total electricity supply.

Hydropower’s efficiency of conversion is around 90%. This is one of the highest among all the energy sources. Hydropower generation is extremely flexible and hence can provide stability to the future power needs. Even though the initial investment cost is high, the overall cost of hydropower is relatively low making it a viable source of energy for millions of people around the world. Its operational and maintenance costs are quite low making it an ideal investment proposition in case of power generation options.

End-user/Technology
Almost all the countries around the globe that have natural flowing water sources are using hydropower to produce electricity. Various private organizations work in sync with national governments on hydropower projects. Hydropower works on the principle of energy conversion. The kinetic energy of water is used to run turbines which in turn generate electricity.

Market Dynamics
Conventional sources of fuel are decreasing at an alarming rate. Hence, the global hydropower demand is expected to rise significantly in the upcoming years owing to rise in population and industrialization in the developing countries. Another reason for the rise in hydropower generation is because of its independence from gas and fuel. It is a stable source of energy generation because of its immunity from raw material fluctuations. Hence, reliability, high power output, long operating life and low maintenance & operation cost are some of the salient features which will drive the hydropower market in the future.

On the other hand, the disruption in habitat and resettlement of communities is proving to be a big hurdle in the expansion of hydropower market. High initial investments along with high gestation periods are also constraining the market to reach its full potential.

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Market Segmentation
The hydropower market is segmented either on the basis of capacity or on the basis of region. On the basis of capacity, the market is further sub-segmented into: –
Micro-hydropower plants (Capacity less than 100 KW)
Small hydropower plants (Capacity between 100 KW and 30 MW)
Large hydropower plants (Capacity more than 30 MW)
On the basis of type of capacity, the market is further sub-segmented into North America, Europe, Asia Pacific, and the Middle East and Africa.
Regional/Geographic Analysis
The major boost in investment in the hydropower sectorin the nearby future will be mainlyfrom three countries namely India, China, and Brazil. In terms of individual countries, currently, China is leading the way. USA and Europe are also focusing heavily on hydropower sector to meet their reduced carbon standards.

Opportunities
As conventional sources of energy have become expensive due to the depleting supply of resources, it has become essential to explore renewable energy sources. Following this, government policies have become more favourable to encourage investments in hydropower sector from both public as well as private players. The collective effect of the ever-growing energy demandis expected to drive the market at an exponential rate.Big industry playersare opting for mergers and acquisitions to expand their market share across the globe to capture the opportunities present in the market.

Key Players
Some of the key players in the global hydropower market are RusHydro, Vattenfall AB, and Alstom SA.
Report ContentsRegional AnalysisReport Highlights
Market segments
Market Drivers, Restraints and Opportunities
Market Size & Forecast 2016 to 2022
Supply & Demand Value Chain
Market – Current Trends
Competition & Major Companies
Technology and R&D Status
Porters Five Force Analysis
Strategic and Critical Success Factor Analysis of Key Players

North America
US and Canada

Latin America
Mexico, Brazil, Argentina and Rest of Latin America

Western Europe
EU5 (Germany, France, Italy, Spain, U.K.)
Nordic Countries (Denmark, Finland, Norway, and Sweden)
Benelux (Belgium, The Netherlands, and Luxembourg)
Rest of Western Europe

Eastern Europe
Russia
Poland
Rest of Eastern Europe

Asia Pacific
China
India
Japan
Australia and New Zealand
Rest of Asia Pacific

Middle East and Africa
GCC countries (Saudi Arabia, Oman, Qatar, Bahrain, UAE and Kuwait)
South Africa
North Africa
Rest of Middle East and Africa

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This report is an elaborate aggregation of primary inputs from industry experts and participants across the supply chain. It provides details on market segmentation which is derived from several product mapping exercises, macroeconomic parameters and other qualitative and quantitative insights. The impact of all such factors is delivered across multiple market segments and geographies.

Detailed Historical Overview (Market Origins, Product Launch Timeline, etc.)
Consumer and Pricing Analysis
Market dynamics of the industry
Market Segmentation
Estimated Market Sizing in terms of volume and value
Recent trends in Market and impact
Research Status and Technology Overview
Extensive Industry Structure Coverage

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