Global Small Hydropower Market to Reach 140.4 Thousand MW by 2027
Amid the COVID-19 crisis, the global market for Small Hydropower estimated at 118 Thousand MW in the year 2020, is projected to reach a revised size of 140.4 Thousand MW by 2027, growing at a CAGR of 2.5% over the period 2020-2027.
The U.S. Market is Estimated at 34.7 Thousand MW, While China is Forecast to Grow at 2.1% CAGR
The Small Hydropower market in the U.S. is estimated at 34.7 Thousand MW in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of 24.5 Thousand MW by the year 2027 trailing a CAGR of 2.1% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.3% and 1.9% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 1.7% CAGR.We bring years of research experience to this 9th edition of our report. The 105-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.Competitors identified in this market include, among others,
- African Infrastructure Investment Managers
- Agder Energi
- Alstom SA
- ANDRITZ AG
- BC Hydro
- Electricidade de Moçambique (EDM) (Mozambique)
- Eskom Holdings SOC Ltd.
- Fortum Corporation
- Lesotho Electricity Company (Pty) Ltd. (Lesotho)
- Ontario Power Generation, Inc.
- Practical Action
- Siemens AG
- Statkraft AS
- Voith GmbH
- ZESCO Ltd. (Zambia)