About Small Hydropower
Small Hydro Power is one of the thrust areas of power generation from Renewable Energy. Small hydropower projects can play a critical role in improving the overall energy scenario of the country and in particular for inaccessible and remote areas. Small hydropower projects offer emissions-free power solutions for many remote communities throughout the world such as those in Nepal, India, and China. Increasing rapid industrialization and rising power consumption is projected the growth of the small hydropower market in the forecast period.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 2.7% |
The market is fragmented with numerous players focusing on technique and quality of the product due to which the global ESD protection diode market can witness an upsurge in the forecast period.The Manufacturers having a strong hold in the market are Innergex, Gravity Renewables, Inc., Pernix Group, Inc., and Voith GmbH & Co. KGaA. Analyst at AMA Research estimates that European Manufacturers will contribute the maximum growth to Global Small Hydropower market throughout the forecasted period. Established and emerging Manufacturers should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Innergex (Canada), Gravity Renewables, Inc. (United States), Pernix Group, Inc. (United States), Voith GmbH & Co. KGaA (Germany), Dulas Ltd. (United Kingdom), Voltalia (France), Velcan Holdings (Luxembourg), SN Aboitiz Power, Inc. (Philippines) and Green Highland Renewables Ltd. (United Kingdom) are some of the key players that are part of study coverage. Additionally, the Manufacturers which are also part of the research coverage are Blue World Power and Energy (South Africa), M a v e l, a.s. (Czechia), RusHydro (Russia) and Statkraft (Norway).
Segmentation Overview
AMA Research has segmented the market of Global Small Hydropower market by Type (Micro Hydro, Mini Hydro and Small Hydro), Application (Residential Electricity, Commercial Electricity and Industrial Electricity) and Region.
On the basis of geography, the market of Small Hydropower has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Capacity, the sub-segment i.e. Up to 100 kW will boost the Small Hydropower market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Rising Instability in Crude Oil Prices is anticipated to the Growth of Market
Market Growth Drivers:
Governments are Focusing on Remote areas to Efficiently Supply Electricity due to increasing industrialization in developing countries and Increasing Use of Renewable Sources
Restraints:
Administration and Regulatory Barriers
Opportunities:
Increasing Demand for Power, Favorable Initiatives in Place across Emerging Economies
Market Leaders and their expansionary development strategies
In November 2023, Valiant Clean Energy and Hydro-Quebec partner to develop a 12 MW run-of-river hydroelectric project in Quebec, Canada.
In December 2023, Smart Hydro Power introduces its Nano-Hydro Turbine, a compact and affordable solution for micro-hydro applications with outputs below 5 kW.
Key Target Audience
Small Hydropower Manufacturers, Hydropower Plant Venders, Potential Technology Investors, Regulatory & Government Bodies, End Users and Other
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.