Small Hydropower Market Growth, Trend, Price and Forecast to 2023 Small Hydropower Market, by Installed Capacity

Small Hydropower Market, by Installed Capacity - Global Industry Analysis, Size, Share, Growth Trends, and Forecast 2015 - 2023 Global Small Hydropower Market: Snapshot The last few years have been extremely profitable for the global small hydropower market with government bodies around the world rooting for renewable sources of energy. Besides being eco-friendly, small hydro plants make a clean source of renewable energy and also one of the cheapest ones available in the market today. Spurred by these factors, the global small hydropower market is poised to exhibit a robust growth between 2015 and 2023. Small hydro power plants have a life span of nearly 50 years hence make a reliable and economical source of energy. In addition, setting up these plants require low capital investment considering they require minimum reservoirs and civil construction works. Transparency Market Research (TMR) adds that operational and maintenance cost incurred in any small hydropower plant is seldom over 2% to 3% of the overall capital cost. TMR however forecasts a moderate CAGR of 2.85% by installed capacity for the global small hydropower market between 2015 and 2023. At this pace, the installed capacity of the market, which stood at 94.70 GW in 2014, is expected to reach 146.65 GW before 2023 ends. This 92 page report gives readers a comprehensive overview of the Small Hydropower market Browse @ http://www.transparencymarketresearch.com/small-hydropower- market.html Asia Pacific to Emerge Dominant in Global Small Hydropower Market Regionally, Asia Pacific held a clear dominance in the global small hydropower market with a share of 70.29% in 2014. The Asia Pacific market can be further classified into India, Japan, China, and Rest of Asia Pacific. Both India and China boast strong rural electrification initiatives, which have been accelerating the demand for renewable sources of energy, and thus the small hydropower market in the region.

Small Hydropower Market Growth, Trend, Price and Forecast to 2023 Small Hydropower Market, by Installed Capacity - G