Hydropower Market Segmentation:
Capacity Segment Analysis
The large hydropower segment is predicted to dominate around 52% market share by 2035. Large hydropower projects often need major financial investment and take longer to complete than smaller projects, and they have the potential to generate massive amounts of energy and offer substantial cost savings. Small hydropower projects, on the other hand, are frequently more adaptable and may be built faster, although they may have limited capability and may not be suited for all places. For instance, most large projects are government owned, since they require a significant investment to be built, along with the proper management of communities and environments impacted by such projects. For instance, the Three Gorges Dam in China is the largest hydroelectric plant in the world, with a capacity of over 2200 MWh.
Components Segment Analysis
The infrastructure segment is expected to hold 45% revenue share by the year 2035. The majority of the expense of a hydropower project is often spent on expensive construction activities such as excavation work, drilling, and dam & powerplant building. Moreover, the major costs include electromechanical gear, which includes turbines, generators, and other support equipment. Since, many of these parts and equipment are tailor-made to be case-specific, they can be quite expensive, thus they cannot be mass produced. As the size of the projects increase, the total cost of construction can go down. For very large-scale projects, the cost per kilowatt can be as low as 800-900 USD/kW and can go as high as 9000-11000 USD/kW for smaller sized projects.
Our in-depth analysis of the global market includes the following segments:
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By Capacity |
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By Components |
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By End User |
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