Small Hydropower Market Growth, Trend, Price and Forecast to 2023 Small Hydropower Market, by Installed Capacity - G | Page 2

Some of the most prominent hydropower projects in the region include Siemens AG,
Alstom AG, and Voith GmbH. Besides these international names, the Asia Pacific
market also has a considerable representation by domestic players. Besides the
increasing demand for power, favorable initiatives in place across emerging
economies have been giving impetus to the market. For instance, the Rajiv Gandhi
Grameen Vidyutikaran Yogjna (RGGVY) promotes technologies such as small
hydropower, which can supply off-grid power to areas witnessing electricity deficit.
While China is currently leading the Asia Pacific small hydropower market in terms
of installed capacity, positive outlook is also projected across countries such as the
Philippines, Malaysia, and Vietnam.
Europe is Expected to Retain its Position as Second-leading Market for Small
Hydropower
Besides Asia Pacific, the market will also witness opportunities across Europe, North
America, South and Central America, and the Middle East and Africa. Among these
nations, Europe holds considerable potential for growth. The small hydropower
market in Europe currently held a share of 12.91% in the global market based on
installed capacity in 2014. Over the course of the forecast period, Europe is
expected to retain its position as one of the leading markets for small hydropower in
the world. Furthermore, the increasing share of renewable energy in Italy and Russia
played a major role in augmenting demand from the small hydropower market in
Europe.
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This research study analyzes the small hydropower market in terms of installed
capacity (GW). The market has been segmented on the basis of geography. For the
research, 2014 has been taken as the base year, while all forecasts have been given
for the period from 2015 to 2023. Market data for all the segments has been
provided at the regional as well as country-specific level from 2015 to 2023. The
report provides a broad competitive analysis of companies engaged in the small
hydropower business. The report also includes the key market dynamics such as
drivers, restraints, and opportunities affecting the small hydropower market. These
market dynamics were analyzed in detail and are illustrated in the report with the
help of supporting graphs and tables. The report also provides a comprehensive
industry analysis of small hydropower with the help of Porter’s Five Forces model.
This analysis helps in understanding the five major forces that affect the market
structure and profitability of the global small hydropower market. The forces