Title: Small Hydropower Market trends research and projections for 2016 – 2024
1Small Hydropower Market Price, Packaging Trends,
Industry Outlook Forecast 2016 - 2024
2Global Market Scenario of Furfural Industry
- Small hydropower market is expected to register
substantial gains over the coming years,
primarily owing to the increasing power
consumption across the globe. The governments of
various countries have been making continuous
efforts to promote energy policies subject to
safety maintenance, availability of workforce to
construct and operate hydropower plants, and the
total cost of power generation. In totality,
small hydropower plants are essentially
constructed to minimize the effects of power
generation on the environment and reduce
excessive costs, thereby stimulating small
hydropower industry. This market is expected to
exceed an installation capacity of 145 GW by
2024, growing at a CAGR of 2.5 over 2016-2024. - SHPP, for most parts, are constructed with
already existing dams, as they do not require
huge facilities or infrastructure. On these
grounds, small hydropower industry is likely to
grow significantly in the emerging economies and
countries with less capital. Asia Pacific led the
global landscape of small hydropower market in
2014, with an installation capacity of more than
80 GW, subject to the rising necessity of
electricity supply in the rural areas and the
growing awareness regarding environmental safety.
3 Continue
- SHPs are constructed within the river flow (run
of river scheme) or are already integrated in the
existing water infrastructure. The former scheme
is suitable for areas that do not require
electric infrastructure. The generated power is
transferred by the power house to a transformer,
that transmits power to the chosen destination. - Reasons to Buy This Report
- 1. Small Hydropower Market size share
forecast by product application, 2016-2024 - 2. Growth drivers, pitfalls industry
challenges - 3. Key Furfural Market growth
opportunities emerging business models - 4. Competitive benchmarking with market
share analysis and company profiles - SHPPs are widely utilized to refurbish old hydro
sites. The presence of many abandoned hydro sites
that require renovations is a factor that will
positively impact small hydropower industry.
Speaking of which, Central South America small
hydropower market is slated to grow at a rate of
more than 4.5 over 2016-2024. - Dominated by the U.S. and Canada, North America
small hydropower industry is anticipated to grow
at a rate of 2.5 over 2016-2024. This growth can
be attributed to the increasing number of
government policies to promote renewable energy
and provide uninterrupted power supply to the
rural areas.
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Research Methodology
5 Latest Research Report On Small Hydropower
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