- The key vendors in the Global Hydropower Plant Construction Market 2014-2018 are Alstom, BC Hydro, RusHydro and Voith.
London, 30 September 2014: TechNavio, an independent tech-focused global research firm, announced today the publication of its market research report on the Global Hydropower Plant Construction Market 2014-2018. One of the key trends in this market is investments made in the hydropower sector. Several developing countries such as India, China, Canada, and Brazil are making heavy investments in the Hydropower Construction sector.
Hydropower is one of the cleanest sources of electricity compared to other sources such as coal, nuclear, and thermal power because it is fuelled by water to produce electricity, unlike others, which emit huge amounts of harmful gases such as carbon dioxide, and nitroxide into the atmosphere. Investments in R&D are growing at a fast pace with major investments being seen in the development of hydrokinetic technology. In addition, investments in small hydropower plants have also grown rapidly.
“The development of small hydropower plants has triggered the growth of the Global Hydropower Plant market,” says Faisal Ghaus, Vice President of TechNavio Research.
“The construction costs of small hydropower plants are economical and the plants are easier to construct because of their simple design.”
To define the market conditions in the next 3-4 years, TechNavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.
https://www.technavio.com/%3Cp%3EIf%20you%20are%20interested%20in%20more%…
