The report forecasts almost a 50 percent increase in sales of small hydropower worldwide by 2023.
"According to a recent market research report published by Transparency Market Research, the global small hydropower market is estimated to expand at a CAGR of 2.85% during the period between 2015 and 2023. The report, titled “Small Hydropower Market, by installed capacity - Global Industry Analysis, Size, Share, Growth Trends, and Forecast, 2015 - 2023”, projects the installed capacity of the global small hydropower market to reach 146.65 GW by 2023. The installed capacity of the overall market stood at 110.77 GW in 2014."
Abstract: The report provides a broad competitive analysis of companies engaged in the small hydropower business. The report also includes the key market dynamics such as drivers, restraints, and opportunities affecting the small hydropower market. These market dynamics were analyzed in detail and are illustrated in the report with the help of supporting graphs and tables. The report also provides a comprehensive industry analysis of small hydropower with the help of Porter’s Five Forces model. This analysis helps in understanding the five major forces that affect the market structure and profitability of the global small hydropower market. The forces analyzed are bargaining power of buyers, bargaining power of suppliers, threat of new entrants, threat of substitutes, and degree of competition.
Read an analysis of the data by Industry Today.