Pune, India -- (SBWIRE) -- 02/28/2020 -- The overall small hydropower market installed capacity is expected to grow from 170 GW in 2018 to 214 GW by 2026 at a CAGR of 3.06% during the forecast period. The global small hydropower market is likely to grow at an accelerated pace with increasing investments in energy-efficient projects. This information is shared by Fortune Business Insights in its report, titled "Small Hydropower Market Size, Share and Global Trend by Type (Mini Hydro Power, Micro Hydro Power, Pico Hydro Power) and Geography Forecast till 2026." The report offers valuable insights into factors enabling growth in the market.

The small hydropower plant uses the flowing water to run a turbine for producing electricity. Governments across the world are making huge investments in energy-efficient projects, which is a potential growth trigger for the market. Moreover, small hydropower plants are commonly used to generate electricity in remote regions. The cumulative impact of these factors on the market is likely to be positive.

Some of the leading players operating in the global market are:

RusHydro
Clean Innovation
Agder Energi
China Yangtze Power Co. Ltd.
Eletrobras
Statkraft
Hydro Quebec
Renewable First Ltd.
European Small Hydropower Association
BC Hydro and Power Authority
Energy Eastern Europe Power GmBH
Vidyachal Hydro Power Pvt. Ltd.
Toshiba Hydroelectric Power
Him Urja Pvt. Ltd.
Duke Energy Corporation

"High Competition Encourages Companies to Focus on their Operational Activities"

The global small hydropower market is likely to witness intense competition, besides which prevailing trends are likely to get swayed by government regulations and policies. For instance, IIT Roorkee under the government of the Ministry of New and Renewable Energy (MNRE) established a research and development (R&D) laboratory in April 2018. This lab is fully automatic and the research is conducted in hydraulic turbines. Furthermore, it is designed to help India compete with international markets.

Request a Sample Copy for more detailed Small Hydropower Market Overview

"Small Hydropower Generation is Gaining Traction in Europe"

The small hydropower market in Europe is anticipated to grow faster than other regions by 2025. This is mainly attributable to increasing hydropower promotions by the European Small Hydropower Association or ESHA. Countries in this region are focusing on sustainable technology to prevent any environmental impacts. The adoption of small hydropower technology is expected to drive the market in Europe to produce enough electricity.

The market in Asia Pacific is likely to register considerable growth in the forecast years. The countries such as India, Nepal, Bangladesh, and China are more feasible for small hydropower projects owing to their increasing rural base. The increasing population in these countries is expected to fuel the demand for generating electricity. Governments are also taking initiatives towards small hydropower development, more beneficial to people living in remote and rural areas. These factors are anticipated to create growth opportunities for the market between 2017 and 2026. The Middle East & Africa is expected to register rapid growth owing to the rising demand for electricity. Companies and governments in this region are planning to invest in the cleanest form of energy to reduce emissions.

"Rising Need for Sustainable Renewable Energy Propels Growth in the Market"

The electricity consumption is increasing on account of the rising population across the world, which is expected to augment the adoption of small hydropower systems," said a lead analyst at Fortune Business Insights. "The rising shift towards sustainable renewable energy in rural and remote places is expected to drive the market," he added. The long-life cycle and low investment costs associated with installing small hydropower generators are anticipated to enable growth in the market. The long-life ensures reliable investments and offers economic benefits.

Growing industrialization and demand for energy across the world act as a potential growth trigger in the market. Small hydropower resources offer an abundant source for excellent power generation and ensure reliable energy supply in the long run. The report predicts such factors to encourage growth in the market by 2026.

Contrary to this, some authorization procedures may hamper the growth of the market. Procedures associated with licensing are time-consuming and complicated in some countries, which acts as a major stumbling block.

Speak to our Analyst for any Queries about Small Hydropower Market Research Report

Major Table of Contents:

Introduction
Research Scope
Market Segmentation
Research Methodology
Definitions and Assumptions
Executive Summary
Market Dynamics
Market Drivers
Market Restraints
Market Opportunities
Key Insights
Key Emerging Trends – For Major Countries
Latest Technological Advancement
Regulatory Landscape
Industry SWOT Analysis
Porters Five Forces Analysis
Global Small Hydropower Market Analysis (MW & USD Mn), Insights and Forecast, 2015-2026
Key Findings / Summary
Market Analysis, Insights and Forecast – By Capacity
Below 1MW
1-10MW
Market Analysis, Insights and Forecast – By Region
North America
Latin America
Europe
Asia Pacific
Middle East & Africa
North America Small Hydropower Market Analysis (MW & USD Mn), Insights and Forecast, 2015-2026
Key Findings / Summary
Market Analysis and Forecast – By Capacity
TOC Continued.......!

Purchase Full Report for Exclusive Small Hydropower Market Growth Forecast

About Us:
Fortune Business Insights™ offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.

Contact:
Name: Ashwin Arora
Email: sales@fortunebusinessinsights.com
Phone: US +1 424 253 0390 / UK +44 2071 939123 / APAC: +91 744 740 1245