Global Small Hydropower Market: Asia Pacific to Remain Front-Runner Owing to Increasing Demand for off-Grid Electricity, Finds TMR
The maximum shares of the global small hydropower market are captured by large players such as Andritz Hydro, Voith, and Alstom. The strong foothold of these players is creating a high degree of competition as well as high entry barriers for new players, finds Transparency Market Research (TMR) in a new study. The exit barriers in the market are also very high as it requires huge capital investments to start the operation and has a long payback period. "Market leaders...
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