Hexa Research Fact-based market research, penetrating industry insights and validated forecasts to help you make better decisions for a stronger future Hydropower Market Analysis, Size, Share, Growth, Industry Trends and Forecasts 2012 to 2020 - Hexa Research Global hydropower market capacity is expected to grow to 1,525 GW by 2020. Although fossil fuels continue to be the most popular form of generating electricity, their reserves are fast depleting. Moreover, this type is associated with environmental damage. This has contributed to the development of alternative energy sources such as hydropower. Hydropower does not lead emit greenhouse gases and toxic waste. It is one of the cheapest sources and offers a huge cost advantage to vendors. The IEA (International Energy Agency) foresees use to hydropower to reduce carbon emissions by about one billion tones, by 2050. Flowing water is readily available due to the natural phenomena of rainfall and snow. Based on the requirement, turbines are conveniently adjusted to control the flow of water. These Contact: +1-800-489-3075 Email : sales@hexaresearch.com Website: http://www.hexaresearch.com/ Hexa Research Fact-based market research, penetrating industry insights and validated forecasts to help you make better decisions for a stronger future factors are expected to prove favorable for market growth. A significant part of this growth would be through run-of-river and pumped storage hydropower projects. Browse Detail Report with TOC @ https://www.hexaresearch.com/research-report/hydropower-industry Hydropower plants vary in generation capacity. They can be categorized into pico-hydro, micro, small, & large. Pico and micro have a capacity of less than 100 KW. While small encompass those with capacities between 100 KW to 30 MW, large include those having installed capacity of over 30 MW. The worldwide hydropower market is split according to applications and geographies. Applications consist of residential, industrial, & commercial. Industrial applications held about 41% of the total installed capacity in 2012. They would account for 695 GW of hydropower by 2020. Geographical segmentation comprises North America, Asia Pacific, Europe, & RoW (Rest of the World). Brazil was the largest regional market in Latin America. Asia Pacific could grow to lead the worldwide industry by 2020. China is projected to grow at a CAGR of 6.1% from 2013 to 2020. This can be attributed to several hydropower projects being developed in this nation. The most prominent ones include the Baihetan dam, the Xiluodo project, and the Wudongde & Xiangjiaba dam. China’s installed capacity should exceed 400 GW in 2020, rendering it the most-dominant market. Key players of the global hydropower market are China Hydroelectric Corporation, Andritz AG, China Three Gorges Corporation, & American Hydro Corporation. Alstom Hydro, ABB Ltd., & The Tata Power Company are some of the other well-known suppliers. Contact: +1-800-489-3075 Email : sales@hexaresearch.com Website: http://www.hexaresearch.com/ Hexa Research Fact-based market research, penetrating industry insights and validated forecasts to help you make better decisions for a stronger future Inquiry About the “Hydropower Market” Report@ https://www.hexaresearch.com/inquiry-before-buying/255 About Us: Hexa Research is a market research and consulting organization, offering industry reports, custom research and consulting services to a host of key industries across the globe. We offer comprehensive business intelligence in the form of industry reports which help our clients obtain clarity about their business environment and enable them to undertake strategic growth initiatives. Contact Us: Ryan Shaw Hexa Research Felton Office Plaza 6265 Highway 9 Felton, California 95018 United States Phone: +1-800-489-3075 Email: sales@hexaresearch.com Website - http://www.hexaresearch.com/ Follow us on Linkedin: https://www.linkedin.com/company/hexa-research Contact: +1-800-489-3075 Email : sales@hexaresearch.com Website: http://www.hexaresearch.com/
Increasing demand for renewable energy over conventional energy is expected to drive global hydropower market over the next eight years. Fossil fuels are being used on a large scale for power generation over the past decade, which are responsible for emitting greenhouse gases polluting environment. Various industries are considering more natural resources usage owing to excessive fossil fuel application globally has polluted environment badly.
© Copyright 2024 Paperzz
