Global Hydropower Market by Application (Commercial, Industrial, Residential) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast To 2028

Industry Insights

Fossil fuel-based energy generation is the most widely used form of power generation worldwide. The industry has begun to look at renewable energy sources due to the depletion of fossil fuel reserves. The industry is embracing renewable power sources due to the increasing energy demand from the world's population and the need to lessen reliance on traditional power generation.

Hydropower is a popular source of renewable power and it does not emit any harmful greenhouse gases or produce toxic waste. The source of electricity, i.e. hydropower, is created by building a dam. Hydropower generates electricity because flowing water is free.

As many countries seek to reduce carbon emissions, hydropower has seen steady growth. It is more reliable, cleaner, and cheaper than traditional power sources.

Hydropower is one of the most renewable fuels, and it is easily renewed by rain or snow. Hydropower is easily available as engineers can control the flow of water according to demand. Reservoirs might also provide recreational opportunities such as boating or swimming.

Hydropower accounts for approximately one-fifth the total world electricity. More than 60 countries use hydropower to supply half of their electricity needs. Hydropower is popular for many reasons, including water management, flood control and the ability to adapt to fluctuations in electricity demand.

Hydropower is also considered the most environmentally friendly renewable technology for power generation, making it more attractive. Due to these factors, hydropower has received a lot of support from governments around the globe in the form tax benefits and financial incentives.

Hydropower currently accounts for 20% global total installed renewable power capacity. This share is expected to rise over the next decade due to rapid capacity additions, mainly in emerging economies like China, India and Indonesia. According to the International Hydropower Association, new hydropower was created in 2012 with a capacity of 30 GW and pumped storage of 2GW. From 2014 to 2020, the global hydropower market will grow at 3.9% CAGR

Application Insights

This report covers key application segments such as industrial, residential, commercial, and others.

In July 2013, GE Energy announced that it would finance GATI Infra's hydropower project.

The largest market share was held by industrial at 44.8% in 2013. This is due to the rapid industrialization occurring in emerging economies in Asia-Pacific like India and China.

Regional Insights

China was the world's largest hydropower producer and held 24.61% of the global market. China is a great destination for hydropower generation because of its rapid capacity growth. China alone was responsible for more than half the total hydro capacity that was installed in 2012 to meet growing energy demands.

Hydropower markets are also supported by government instruments like Feed-I-Tariffs and Renewable Portfolio Standards (RPS). The introduction of favorable regulations will also lead to North America experiencing a lucrative growth period.

India is home to one of the most significant hydropower reserves in the world. The government is also taking steps to exploit the potential in unexplored areas. The Brahmaputra river basin, which has one of the largest hydropower potentials in India, is the most underutilized area to be used for hydro-based projects.

In August 2013, President Barack Obama signed the Hydropower Regulation Efficiency Act and Small Conduit Hydropower Development and Rural Jobs Act. These bills are expected to increase hydropower capacity in the United States.

This bill will help to develop existing or new hydropower capacities to unlock untapped market potential. The development of hydropower has been accompanied by massive investment in the regions, particularly Africa, Asia and South America.

Hydropower Market Share insights

This market is dominated by GE Energy, CPFL Energia S.A, Sinohydro Corporation and Andritz AG. IHI Corporation, China Hydroelectric Corporation and China Three Gorges Corporation and ABB Ltd. Gerdau S.A. Tata Power Company OJSC Bashkirenergo EDP Energias do Brasil SA Companhia Energetica de Minas Gerais and Ertan Hydropower Development Company.

Report Scope

The report covers segments

This report predicts revenue growth at the global, regional and country levels. It also provides analysis of the most recent trends in each sub-segment from 2012 to 2020. Up Market Research has divided the BIPV market by technology, region, application, and end-use.

• App Outlook (Revenue USD Million 2012-2020)

  • Residential

  • Commercial

  • Industrial

• Regional Outlook (Revenue USD Million 2012-2020)

  • North and Central America

  • South America

  • Europe

  • Asia Pacific

  • China

  • RoW

Up Market Research published a new report titled “Hydropower Market research report which is segmented by Application (Commercial, Industrial, Residential), By Players/Companies Gerdau SA, OJSC Bashkirenergo, IHI Corporation, Ltd, EDP Energias do Brasil SA, Sinohydro Corporation, Alstom Hydro, The Tata Power Company, China Hydroelectric Corporation, Andritz AG, GE Energy, Ertan Hydropower Development Company, China Three Gorges Corporation and ABB Ltd, CPFL Energia SA, Companhia Energetica de Minas Gerais”. As per the study the market is expected to grow at a CAGR of XX% in the forecast period.

Report Scope

The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.

Global Hydropower Market Report Segments:

The market is segmented by Application (Commercial, Industrial, Residential).

Hydropower Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.

Key Benefits for Industry Participants & Stakeholders:

• Industry drivers, restraints, and opportunities covered in the study
• Neutral perspective on the market performance
• Recent industry trends and developments
• Competitive landscape & strategies of key players
• Potential & niche segments and regions exhibiting promising growth covered
• Historical, current, and projected market size, in terms of value
• In-depth analysis of the Hydropower Market

Overview of the regional outlook of the Hydropower Market:

Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.

Highlights of The Hydropower Market Report:

1. The market structure and projections for the coming years.
2. Drivers, restraints, opportunities, and current trends of Hydropower Market.
3. Historical data and forecast.
4. Estimations for the forecast period 2028.
5. Developments and trends in the market.

                1. Commercial

                2. Industrial

                3. Residential

7. Market scenario by region, sub-region, and country.
8. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
9. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
10. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Hydropower Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.

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• Correctly Positioning New Products
• Market Entry Strategies
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Reasons to Purchase the Hydropower Market Report:

• The report includes a plethora of information such as market dynamics scenario and opportunities during the forecast period
• Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) data.
• Regional, sub-regional, and country level data includes the demand and supply forces along with their influence on the market.
• The competitive landscape comprises share of key players, new developments, and strategies in the last three years.
• Comprehensive companies offering products, relevant financial information, recent developments, SWOT analysis, and strategies by these players.