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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.
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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.
Browse Related Category Market Reports @ https://www.hexaresearch.com/research-category/renewable-
energy-industry
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