Global Hydro Electricity Market Overview And Prospects
Learn about the global hydro electricity market through The Business Research Company, which provides information on hydro electricity market size, hydro electricity market drivers and restraints, hydro electricity market players, the COVID-19 impact on the hydro electricity market, and more.
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The global hydro electricity market size is expected to grow from $261.97 in billion 2021 to $297.49 billion in 2022 at a compound annual growth rate (CAGR) of 13.6%. The growth in the hydro electricity market is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The hydroelectricity market is expected to reach $480.76 billion in 2026 at a CAGR of 12.7%.
Favourable laws in emerging countries are expected to drive innovation in hydroelectricity manufacturing, thus driving the market during the forecast period.
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The hydropower generation market consists of sales of hydropower energy and related services. The hydropower generation industry includes companies that are mainly involved in operating hydropower generation facilities to produce electricity. Hydropower stations convert the kinetic energy of flowing or falling water into electrical energy and which is provided to power transmission systems.
Global Hydro Electricity Market Segments Include:
By Product Type: Dike Type, Diversion Hydropower Station, Mixed Type, Tide, Pumped Storage
By Capacity: Large, Medium, Small
By Application: Residential, Commercial, Industrial
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.
Companies in the hydropower generation market are upgrading their technologies to make them more sustainable. They are investing to increase the efficiencies of hydropower plants to make them compatible with the environment.
TBRC’s hydro electricity market report covers:
Major Market Players: Alstom Power, GE Energy, Tata Power Company, Hydrochina International, CPFL Energia, Sinohydro Corporation, RusHydro, Andritz, Agder Energi SA, GE, Voith Group, ABB Ltd, Duke Energy, Acciona Energia, S.A, Ontario Power Generation, Statkraft, Nepal Electricity Authority, Hydro-Quebec, Georgia Power, Mitsubishi Heavy Industries, Ltd, MidAmerican Energy Holdings Company, Ertan Hydropower Development Company, Ltd, OJSC Bashkirenergo, China Three Gorges Corporation, China Hydroelectric Corporation, IHI Corporation, BC Hydro, EDP Energias do Brasil SA, China Yangtze Power Co. Ltd, and Vattenfall AB.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)
The Hydro Electricity Global Market Report 2021: Market Size, Trends, And Global Forecast 2022 – 2026 is one of a series of new reports from The Business Research Company that provides hydro electricity market overviews, analyses and forecasts market size, share, hydro electricity market players, hydro electricity market segments and geographies, leading competitor revenues, profiles and market shares.
TBRC’s hydro electricity market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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