Global Hydropower Plant Construction Market 2023-2027
The hydropower plant construction market is forecasted to grow by USD 24.63 billion during 2022-2027, accelerating at a CAGR of 5.9% during the forecast period. The report on the hydropower plant construction market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing electricity demand, increasing adoption of policies related to energy security and diversification, and rising climatic considerations.
Technavio's hydropower plant construction market is segmented as below:
- By Capacity
- Large hydropower plants
- Medium hydropower plants
- Small hydropower plants
- Others
- By Type
- Pumped storage
- Impoundment
- Diversion
- By Geographical Landscape
- APAC
- Europe
- North America
- South America
- Middle East and Africa
This study identifies the emphasis on small-scale hydropower projects as one of the prime reasons driving the hydropower plant construction market growth during the next few years. Also, growing demand for sustainable energy and increasing market growth in emerging economies will lead to sizable demand in the market.
The report on the hydropower plant construction market covers the following areas:
- Hydropower plant construction market sizing
- Hydropower plant construction market forecast
- Hydropower plant construction market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading hydropower plant construction market vendors that include A Energi, British Columbia Hydro and Power Authority, Centrais Eletricas Brasileiras SA, China Yangtze Power Co. Ltd., Doosan Enerbility Co. Ltd., Duke Energy Corp., Enel Spa, ESFC Investment Group, Himal Hydro and General Construction Ltd., Hindustan Construction Co. Ltd., Hydro Quebec, ITD Cementation India Ltd., Mannvit, Meidensha Corp., Navayuga Group, P and R InfraProjects Ltd., RusHydro, Snowy Hydro Ltd., and Southern Co.. Also, the hydropower plant construction market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.