About Hydropower Generation
Hydropower plants capture the energy of flowing water to generate electricity. Flowing water generates energy that can be captured and turned into electricity. A turbine is used to converts the kinetic energy of falling water into mechanical energy. Then a generator transforms the mechanical energy from the turbine into electrical energy. This is called hydroelectric power or hydropower. Hydropower uses the energy of flowing water, without draining it to produce electricity, thus all hydropower projects, large, small, mini, micro, run‐ of‐river or storage meet the definition of renewable.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Analyst at AMA Research estimates that North American Manufacturers will contribute the maximum growth to Global Hydropower Generation 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.
Hydro-Quebec (Canada), Rus Hydro (Russia), China Yangtze Power (China), Agder Energi (Norway), Duke Energy Corporation (United States), Georgia Power Company (United States), Ontario Power Generation (Canada), Stat Kraft (Norway), BC Hydro (Canada) and Innergex Renewable Energy Inc. (Canada) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Hydropower Generation market by , Application (Industrial, Residential and Commercial) and Region.
On the basis of geography, the market of Hydropower Generation 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 Types of Hydropower, the sub-segment i.e. Run-Of-River Hydropower will boost the Hydropower Generation market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Size of Hydropower Plant, the sub-segment i.e. Large Hydropower will boost the Hydropower Generation market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Rising Investment in Hydropower Projects
Market Growth Drivers:
Rising Inclination towards Clean Energy and Increasing Demand for Electricity Globally
Restraints:
Administration and Regulatory Barriers
Opportunities:
Growing Focus toward the Generation of Renewable energy Generation and Rising Instability in Crude Oil Prices is anticipated to the Growth of Market
Market Leaders and their expansionary development strategies
In May 2019 – Innergex Renewable Energy Inc. has announced the construction of a 7.5-MW run-of-river hydroelectric generating station on the Inukjuak River near Inukjuak, Nunavik, in northern Québec named the Innavik Project. This innovative project will provide customers of Inukjuak’s off-grid system with clean and renewable energy.
On June 2019, RusHydro has announced to the start of the construction of two small hydropower plants Krasnogorskaya-1 and Krasnogorskaya-2 on the Kuban river in the Karachay-Cherkessia Republic with an installed electric capacity of 24.9 MW and the annual output of 83.8 GWh each.
Key Target Audience
Manufacturers of Hydropower Plant, Potential Technology Investors, Regulatory Bodies and Government Bodies
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.