Standard Modular Hydropower Market, By Capacity (10-100kw, 100-500kw, and Above 500kw), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis, and Forecast till 2029

Report Code: PMI455420 | Publish Date: May 2024 | No. of Pages: 168

Standard Modular Hydropower Market Overview

Standard modular hydropower technology is a cheap, dependable, and clean form of environment-friendly power generation solution. SMH is empowered by the rise of creative, even transformational advancements and structures to lessen expenses and meet ecological execution targets. To encourage the advancement of new stream-achieve assets, development in institutionalization, seclusion, and natural similarity is required. SMH technology is estimated to possess design features such as geometry, cost structure, esthetics, local hydraulics, and other site-independent features, i.e. capable of being used for any site without any modification to its design with limited environmental footprint. Standard modular hydropower market accounted for US$ 2.6 billion in 2019 and is estimated to be US$ 3.3 billion by 2029 and is anticipated to register a CAGR of 2.40%.

Impact of Covid-19 pandemic on market

The demand for electricity has been reduced significantly due to the recent COVID-19 pandemic. Governments around the globe were compelled to scale back commercial activity in response to attenuate the threat of COVID-19. This on-going situation due to pandemic has changed the life-style globally as people are mostly staying home and working from home if possible. Hence, there's a big increase in residential load demand while there's a considerable decrease in commercial and industrial loads. This devastating situation creates new challenges within the technical and financial activities of the power sector and hence most of the utilities around the globe initiated a disaster management attempt to tackle these ongoing challenges/threats. This report will quantify the impact of a pandemic on the standard modular hydropower market.

Standard Modular Hydropower Market Dynamics

Increasing awareness for clean energy

The factor that is expected to drive the growth of the standard modular hydropower market is raising interest in sustainable power source and clean power age in developing economies. The staggering expense of site-explicit plant and customization of structures and hardware ascends in natural limitations on plan and activity, and increment in cost aggressiveness from other power source are a portion of difficulties looked by hydropower. SMH innovation is being created to defeat these imperatives, rising awareness about the environment and its contamination alongside expanding prominence of sustainable power sources.

Rising investments in energy efficiency projects

The increased spending on oil and gas across the world is another factor likely to drive the Standard Modular Hydropower Market. Rising investments in energy efficiency projects backed by governments may also stimulate growth in the market. The penetration of renewable sources is increasing, fuelling demand for energy and is expected to drive the Standard Modular Hydropower Market. For instance, According to Indian Brand Equity Foundation (IBEF) reports, the installed renewable power generation capacity has gained pace over the past few years, posting a CAGR of 17.33% between FY16–20. With the increased support of Government and improved economics, the sector has become attractive from investors perspective. As India looks to meet its energy demand on its own, which is expected to reach 15,820 TWh by 2040, renewable energy is set to play an important role. The government is aiming to achieve 225 GW of renewable energy capacity (including 114 GW of solar capacity addition and 67 GW of wind power capacity) by 2022, more than its 175 GW target as per the Paris Agreement. The government plans to establish renewable energy capacity of 500 GW by 2030. However, High cost of site specific plant design and customization of structures & equipment, rise in environmental restrictions on design & operation, and increase in cost competitiveness from other power sources are some of the challenges faced by hydropower.

Standard Modular Hydropower Market Segmentation

Standard modular hydropower market is segmented based on diabetes type, drug class, distribution channel, and region.

On the basis of capacity, the standard modular hydropower market is segmented into 10-100kw, 100-500kw, and above 500kw. Moreover, capability to provide continuous clean energy in comparison to small diesel genets and solar power solutions in remote and rural areas where extending national grids is not feasible. As the latter power generation options have certain restraints such as high diesel cost or requirement of sunlight for their operations, while standard modular hydropower overcome these challenges and provides clean energy with one time investment.

 Regional Insights:

On region the standard modular hydropower market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America is expected to lead the standard modular hydropower market due to the ongoing research and development on the technology in the U.S. The Department of Energy is funding research projects in order to develop standardized and standard modular hydropower technology. Additionally, Asia-Pacific region witness the significant growth rate due to rising investment in renewable energy and clean power generation in developing economies during the forecast period.

Report Scope:

Attribute

Details

Base year for estimation

2020

Forecast period

2020 – 2029

Market representation

Revenue in USD Million & CAGR from 2020 – 2029

Market Segmentation

By Capacity: 10-100kw, 100-500kw, and Above 500kw

Delivery Mode Regional scope

North America - U.S., Canada

Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe

Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific

Latin America - Brazil, Mexico, Argentina, Rest of Latin America

Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa

sReport coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments Covered in the Report:

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2019 to 2029. For the purpose of this study, has segmented the standard modular hydropower market report based on capacity, and region.

Standard Modular Hydropower Market, By Capacity:

  • 10-100kw
  • 100-500kw
  • Above 500kw

Standard Modular Hydropower Market, By Region:

  • North America
    • Middle East & Africa
        • GCC
        • Israel
        • South Africa
        • Rest of Middle East & Africa
    • Latin America
        • Brazil
        • Mexico
        • Rest of Latin America
    • Asia Pacific
        • China
        • India
        • Japan
        • South Korea
        • Rest of Asia Pacific
    • Europe
        • Germany
        • UK
        • France
        • Russia
        • Italy
        • Rest of Europe
      • U.S.
      • Canada

Standard Modular Hydropower Market Key Players

The key players operating in the standard modular hydropower market includes Emrgy Inc., PowerSpout, and Mavel, a.s. The market is especially characterized by collaborations and partnerships between the businesses and acquisitions of smaller players as a part of strategic expansion as well as launching their new product specimen. For instance, In June 2019, Russian power generator RusHydro has started development take a shot at several small hydropower plants totaling 49.8 MW on the Kuban River in the Karachay-Cherkessia Republic.

Standard Modular Hydropower Market Company Profile

  • Emrgy Inc.
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • PowerSpout
  • Mavel, a.s.

Standard Modular Hydropower Market Table of Contents

  1. Research Objective and Assumption
    • Preface
    • Research Objectives
    • Study Scope
    • Years Considered for the study
    • Assumptions
    • Abbreviations
  2. Research Methodology
    • Research data
    • Primary Data
      • Primary Interviews
      • Primary Breakdown
      • Key data from Primary Sources
      • Key Thickness Insights
    • Secondary Data
      • Major Secondary Sources
      • Secondary Sources
    • Market Estimation
    • Top-Down Approach
      • Approach for estimating Market Share by Top-Down Analysis (Supply Side)
    • Bottom-Up Approach
      • Approach for estimating market share by Bottom-up Analysis (Demand Side)
    • Market Breakdown and Data Triangulation
    • Research Assumptions
  3. Market Preview
    • Executive Summary
    • Key Findings—Global Outlook for Standard Modular Hydropower Strategies
      • Key Questions this Study will Answer
      • Market Snippet, By Capacity
      • Market Snippet, By Region
    • Opportunity Map Analysis
    • Executive Summary—3 Big Predictions
  4. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
      • Restraints
      • Market Opportunities
      • Market Trends
    • DR Impact Analysis
    • PEST Analysis
    • Porter’s Five Forces Analysis
    • Opportunity Orbit
    • Market Investment Feasibility Index
    • Macroeconomic Factor Analysis
  5. Market Segmentation, By Capacity, 2019 – 2029, (US$ Mn)
    • Overview
      • Market Value and Forecast (US$ Bn), and Share Analysis (%), 2019 – 2029
      • Y-o-Y Growth Analysis (%), 2019 – 2029
      • Segment Trends
    • 10-100kw
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2019 – 2029
    • 100-500kw
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2019 – 2029
    • Above 500kw
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2019 – 2029
  6. Global Market, By Region, 2019 – 2029, (US$ Mn)
    • Overview
      • Market Value and Forecast (US$ Bn), and Share Analysis (%), 2019 – 2029
      • Y-o-Y Growth Analysis (%), 2019 – 2029
      • Regional Trends
    • North America
      • Market Size and Forecast (US$ Bn), By Capacity, 2019 – 2029
      • Market Size and Forecast (US$ Bn), By Country, 2019 – 2029
        • U.S.
        • Canada
    • Europe
      • Market Size and Forecast (US$ Bn), By Capacity, 2019 – 2029
      • Market Size and Forecast (US$ Bn), By Country, 2019 – 2029
        • Germany
        • UK
        • France
        • Russia
        • Italy
        • Rest of Europe
    • Asia Pacific
      • Market Size and Forecast (US$ Bn), By Capacity, 2019 – 2029
      • Market Size and Forecast (US$ Bn), By Country, 2019 – 2029
        • China
        • India
        • Japan
        • South Korea
        • Rest of Asia Pacific
    • Latin America
      • Market Size and Forecast (US$ Bn), By Capacity, 2019 – 2029
      • Market Size and Forecast (US$ Bn), By Country, 2019 – 2029
        • Brazil
        • Mexico
        • Rest of Latin America
    • Middle East & Africa
      • Market Size and Forecast (US$ Bn), By Capacity, 2019 – 2029
      • Market Size and Forecast (US$ Bn), By Country, 2019 – 2029
        • GCC
        • Israel
        • South Africa
        • Rest of Middle East
  7. Competitive Landscape
    • Heat Map Analysis
    • Market Presence and Specificity Analysis
  8. Company Profiles
    •  
      • Emrgy Inc.
        • Company Overview
        • Product Portfolio
        • Key Highlights
        • Financial Overview
        • Business Strategies
      • PowerSpout
      • Mavel, a.s
  9. The Last Word
    • Future Impact
    • About Us
    • Contact

FAQs

Standard modular hydropower market is segmented based on diabetes type, drug class, distribution channel, and region.

The factor that is expected to drive the growth of the global standard modular hydropower market is raising interest in sustainable power source and clean power age in developing economies.

North America is expected to lead the standard modular hydropower market due to the ongoing research and development on the technology in the U.S.

The key players operating in the standard modular hydropower market includes Emrgy Inc., PowerSpout, and Mavel, a.s.