An analysis indicates that the Hydropower Market will reach a value of $59.4bn in 2012, as governments and utility companies seek to fully exploit their water resources and increase their power generating capacity.
The hydropower market is therefore forecast to record strong and continuous growth over the next decade, as the demand for electric power continues to grow across the world.
The lead analyst of the Hydropower Market report commented that ‘Hydropower technology is a long established method of generating electricity, especially in developed western countries. But in developing nations this resource is heavily underutilised and will therefore offer growth opportunities, particularly as demand for electricity increases to fuel growing industrialisation. The growing need to generate sustainable electricity and reduce carbon emissions will see hydropower remain a critical resource for generating power.’
The report contains 83 tables, charts and graphs that add visual analysis in order to explain developing trends within the hydropower market . This report provides forecasts for the period 2012-2022 in terms of value (US$) for the global hydropower market , and 7 regional markets (Africa, Asia-Pacific, Eurasia, Europe, Latin America, Middle East and North America) of the hydropower market . The report provides profiles of 51 leading companies operating within the market, and includes 2 exclusive interviews with leading utility companies involved in hydropower generation , providing expert insight alongside Visiongain analysis.