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Micro Hydro Electric Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2023

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Water power can be utilized in numerous ways; tidal flows can be used to generate power by building a barrage across an estuary and discharging water in a controlled and systematic manner by a turbine; large dams accumulate water, which can be utilized to provide ample quantities of power; wave power is also harnessed in different ways. It is a method that has been in use throughout the world, by a diverse range of cultures and societies. Water can be harnessed from small to large hydro electric plants.

 

In United Kingdom, water mills are in use for the past 900 years. Their numbers grew rapidly and by the end of 19th century, there were over 20,000 water mills in operation in England itself. In Europe, Asia and few parts of Africa, water wheels were utilized to propel various industrial machineries, such as mills and pumps. First effective water turbine appeared in the middle of 19th century and they started replacing water wheels in various applications. In contrast to the water wheels and turbines, modern turbines are small, highly efficient and are capable of running at high speed. Hydropower is a reliable technology, relying on non -polluting, renewable and indigenous resource, which can easily integrate with irrigation and water supply projects all across the globe. Of the total, china constitutes more than 85,000 small-scale, electricity generating hydropower plants.

 

In the last decade, there has been a growing realization in emerging economies in which micro - hydro schemes have played an important role in the economic development of remote rural areas, especially mountains. Micro hydro schemes can generate power for domestic, agricultural and industrial uses through direct mechanical power or by the coupling the turbine to a generator to develop electricity.

 

In order to determine the power potential of the water flowing in a river it is important to determine both the flow rate of the water and the head by which the water can be made to fall. The flow rate is the amount of water flowing past a point in a specific time. Generally, flow rate units are liters per second. The head is the vertical height measured in meters from the turbine up to the point, where the water enters the penstock.

 

However, some amount energy is always lost when it is transformed from one form to another. Small water turbines hardly have efficiencies more than 75%. Power will also be wasted in the pipe carrying the water to the turbine, due to some frictional losses. By a systematic design, this loss can be lower down to a small percentage. A rough guide used for small systems of a few kW rating is utilized to take the overall efficiency as approximately as 45%. Hence, the theoretical power has to be multiplied by 0.50 for more accurate results.

 

Growing population and developing economies are some of the key drivers of the micro hydroelectric generator market. However, limited exposure regarding micro hydroelectric generators can hinder the growth of the market. Ample opportunities are there for the micro hydroelectric generator market owing to rapid industrialization taking place in Asia Pacific countries such as India and China.

 

Some of the key companies in the business of Micro hydroelectric generator market are Rainbow Power Company Ltd, Brownell Micro Hydro, Hebden Bridge Alternative Technology Centre Ltd., Canyon Industries, Inc., Addnew Technologies Limited, Alps Power Technologies (P) Limited and Addnew Technologies Limited among others.

 

This research report analyzes this market on the basis of its market segments, major geographies, and current market trends. Geographies analyzed under this research report include 

  • North America 
  • Asia Pacific 
  • Europe
  • Rest of the World  

This report provides comprehensive analysis of 

  • Market growth drivers 
  • Factors limiting market growth
  • Current market trends 
  • Market structure
  • Market projections for upcoming years 

This report is a complete study of current trends in the market, industry growth drivers, and restraints. It provides market projections for the coming years. It includes analysis of recent developments in technology, Porter’s five force model analysis and detailed profiles of top industry players. The report also includes a review of micro and macro factors essential for the existing market players and new entrants along with detailed value chain analysis. 

 

Reasons for Buying this Report

  • This report provides pin-point analysis for changing competitive dynamics
  • It provides a forward looking perspective on different factors driving or restraining market growth 
  • It provides a six-year forecast assessed on the basis of how the market is predicted to grow 
  • It helps in understanding the key product segments and their future
  • It provides pin point analysis of changing competition dynamics and keeps you ahead of competitors
  • It helps in making informed business decisions by having complete insights of market and by making in-depth analysis of market segments 
  • It provides distinctive graphics and exemplified SWOT analysis of major market segments


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