-
Categories
-
Pharmaceutical Intermediates
-
Active Pharmaceutical Ingredients
-
Food Additives
- Industrial Coatings
- Agrochemicals
- Dyes and Pigments
- Surfactant
- Flavors and Fragrances
- Chemical Reagents
- Catalyst and Auxiliary
- Natural Products
- Inorganic Chemistry
-
Organic Chemistry
-
Biochemical Engineering
- Analytical Chemistry
-
Cosmetic Ingredient
- Water Treatment Chemical
-
Pharmaceutical Intermediates
Promotion
ECHEMI Mall
Wholesale
Weekly Price
Exhibition
News
-
Trade Service
According to a new report released by Markets and Markets, an international market research firm, the global small hydropower (less than 1 MW, 1-10 MW) market will reach US$2.
6 billion in 2019 and is expected to increase to US$3 billion by 2024, with a compound annual growth rate of 2.
4%
during the period.
The global market will witness steady growth
during the forecast period due to the use of small-scale hydropower projects for rural electrification, fiscal incentives and policy initiatives, and investments in hydropower projects to combat climate change.
During the forecast period, the 1-10 MW market is expected to account for the largest share of the small-scale hydropower market in terms of voltage, mainly due to the accelerating
deployment of rural electrification in developing countries, especially in the Asia-Pacific region.
Among them, the Asia-Pacific region dominates the 1-10 MW market in the small hydropower market
.
China, Vietnam and India are important components
of small-scale hydroelectric installations in the region.
Increased investment in rural electrification in these countries is driving demand
for small-scale hydropower.
From the perspective of application areas, from 2019 to 2024, the public works sector will occupy the largest share
of the small hydropower market.
In all small hydropower projects, civil works account for a large proportion
of project costs.
Small hydroelectric power plants usually do not require the construction of dams, reservoirs, or any type of storage structure, as most power plants are run-of-the-river generators
.
In terms of market area, Asia Pacific is currently the largest small hydropower market, followed by Europe and North America
.
China, Vietnam and India are the fastest growing economies in the world, largely driving the development of the Asia-Pacific market
.
The Asia Pacific market is expected to witness faster growth
during the forecast period due to investments in rural electrification and off-grid energy generation.
According to a new report released by Markets and Markets, an international market research firm, the global small hydropower (less than 1 MW, 1-10 MW) market will reach US$2.
6 billion in 2019 and is expected to increase to US$3 billion by 2024, with a compound annual growth rate of 2.
4%
during the period.
The global market will witness steady growth
during the forecast period due to the use of small-scale hydropower projects for rural electrification, fiscal incentives and policy initiatives, and investments in hydropower projects to combat climate change.
During the forecast period, the 1-10 MW market is expected to account for the largest share of the small-scale hydropower market in terms of voltage, mainly due to the accelerating
deployment of rural electrification in developing countries, especially in the Asia-Pacific region.
Among them, the Asia-Pacific region dominates the 1-10 MW market in the small hydropower market
.
China, Vietnam and India are important components
of small-scale hydroelectric installations in the region.
Increased investment in rural electrification in these countries is driving demand
for small-scale hydropower.
From the perspective of application areas, from 2019 to 2024, the public works sector will occupy the largest share
of the small hydropower market.
In all small hydropower projects, civil works account for a large proportion
of project costs.
Small hydroelectric power plants usually do not require the construction of dams, reservoirs, or any type of storage structure, as most power plants are run-of-the-river generators
.
In terms of market area, Asia Pacific is currently the largest small hydropower market, followed by Europe and North America
.
China, Vietnam and India are the fastest growing economies in the world, largely driving the development of the Asia-Pacific market
.
The Asia Pacific market is expected to witness faster growth
during the forecast period due to investments in rural electrification and off-grid energy generation.
