U.S. Small Hydropower Market Size, Share & Trends Analysis Report By Capacity (Up To 1 MW, 1-10 MW), By Type (Micro, Mini), By Component (Electromechanical Equipment, Civil Construction), And Segment Forecasts, 2021 - 2028
This report can be delivered to the clients within 72 Business Hours
U.S. Small Hydropower Market Growth & Trends
The U.S. small hydropower market size is expected to reach USD 344.93 million in 2020, registering a CAGR of 1.8% over the forecast period, according to a new report by Grand View Research, Inc. Increasing demand for renewable energy in the U.S. is expected to drive the market over the forecast period. The recent outbreak of COVID-19 has disrupted supply chains and sharply curtailed commodity demand. Restriction in supply and transportation, due to the slowdown or halt in factory operations and partial or nationwide lockdown in the country to restrain the spread of the coronavirus, is expected to have a negative impact on the market growth.
In 2020, the total U.S. conventional hydroelectricity generation was about 291 billion kilowatt-hours (kWh), equivalent to about 7.3% of the total U.S. utility-scale electricity generation. In the same year, there was about 22,894 MW of total pumped-storage hydroelectric generating capacity in 18 states and 5 states combined had 61% of the national total. Companies, such as American Hydro, ANDRITZ, GE Renewable Energy, Voith, and Toshiba, manufactured 92 turbines with capacities of more than 30 MW in the past decade that are installed in the U.S., while more than a dozen companies are serving the demand for small turbines in the country.
U.S. Small Hydropower Market Report Highlights
U.S. Small Hydropower Market Growth & Trends
The U.S. small hydropower market size is expected to reach USD 344.93 million in 2020, registering a CAGR of 1.8% over the forecast period, according to a new report by Grand View Research, Inc. Increasing demand for renewable energy in the U.S. is expected to drive the market over the forecast period. The recent outbreak of COVID-19 has disrupted supply chains and sharply curtailed commodity demand. Restriction in supply and transportation, due to the slowdown or halt in factory operations and partial or nationwide lockdown in the country to restrain the spread of the coronavirus, is expected to have a negative impact on the market growth.
In 2020, the total U.S. conventional hydroelectricity generation was about 291 billion kilowatt-hours (kWh), equivalent to about 7.3% of the total U.S. utility-scale electricity generation. In the same year, there was about 22,894 MW of total pumped-storage hydroelectric generating capacity in 18 states and 5 states combined had 61% of the national total. Companies, such as American Hydro, ANDRITZ, GE Renewable Energy, Voith, and Toshiba, manufactured 92 turbines with capacities of more than 30 MW in the past decade that are installed in the U.S., while more than a dozen companies are serving the demand for small turbines in the country.
U.S. Small Hydropower Market Report Highlights
- The civil construction component segment dominated the market in 2020 and is estimated to expand further at the fastest CAGR from 2021 to 2028
- The growth is credited to the rising demand for construction activities, such as piling, land preparation, excavation, and others across the country
- The mini hydropower type segment accounted for the maximum revenue share of the market in 2020
- However, the micro hydropower type segment is estimated to register the fastest CAGR from 2021 to 2028
- Major component suppliers for turbines are ANDRITZ and Gilkes. The key generator suppliers include Siemens Energy and Voith GmbH & Co. KGaA and the leading penstock providers are Canyon Hydro and ANDRITZ
CHAPTER 1 METHODOLOGY & SCOPE
1.1 Market Segmentation & Scope
1.1.1 Research Methodology And Assumptions
1.1.1.1 Bottom-Up Approach
1.1.1.2 Top-Down Approach
1.1.1.3 Cross-Validation
1.1.1.4 Market Forecasts
1.2 Market Definition
1.3 Information Procurement
1.3.1 Purchased Database
1.3.2 Gvr’s Internal Database
1.3.3 Secondary Sources
1.3.4 Third Party Perspective
1.3.5 Primary Research
1.4 Information Analysis
1.4.1 Data Analysis Models
1.5 Market Formulation And Data Visualization
1.6 Data Validation And Publishing
CHAPTER 2 EXECUTIVE SUMMARY
2.1 Market Outlook
2.2 Segmental Outlook
2.3 Competitive Insights
CHAPTER 3 MARKET VARIABLES, TRENDS & SCOPE
3.1 Market Lineage Outlook
3.1.1 Small Hydropower Market Outlook
3.2 Penetration And Growth Prospects Mapping
3.3 Industry Value Chain Analysis
3.4 Technology Overview
3.5 Regulatory Framework
3.6 U.S. Small Hydropower Market Dynamics
3.6.1 Market Driver Analysis
3.6.2 Market Restraint Analysis
3.6.3 Market Opportunity Analysis
3.7 U.S. Small Hydropower Industry Analysis - Porter’s
3.8 U.S. Small Hydropower Industry Analysis - Pestel
3.9 Impact Of Covid-19 On U.S. Small Hydropower Market
CHAPTER 4 U.S. SMALL HYDROPOWER MARKET: CAPACITY TYPE ESTIMATES & TREND ANALYSIS
4.1 Capacity Movement Analysis & Market Share, 2020 & 2028
4.2 Market Size & Forecasts And Trend Analysis, 2017 To 2028 For The Following Capacity Type:
4.2.1 Up to 1 MW
4.2.1.1 U.S. Small Hydropower Market Size & Forecasts, 2017 To 2028 (USD Million)
4.2.2 1 MW - 10 mW
4.2.2.1 U.S. Small Hydropower Market Size & Forecasts, 2017 To 2028 (USD Million)
CHAPTER 5 U.S. SMALL HYDROPOWER MARKET: COMPONENT ESTIMATES & TREND ANALYSIS
5.1 Component Movement Analysis & Market Share, 2020 & 2028
5.2 Market Size & Forecasts And Trend Analysis, 2017 To 2028 For The Following:
5.2.1 Civil Construction
5.2.1.1 Market Size & Forecasts, 2017 To 2028 (USD Million)
5.2.2 Power Infrastructure
5.2.2.1 Market Size & Forecasts, 2017 To 2028 (USD Million)
5.2.3 Electromechanical Equipment
5.2.3.1 Market Size & Forecasts, 2017 To 2028 (USD Million)
5.2.7 Others
5.2.7.1 Market Size & Forecasts, 2017 To 2028 (USD Million)
CHAPTER 6 U.S. SMALL HYDROPOWER MARKET: CAPACITY TYPE ESTIMATES & TREND ANALYSIS
6.1 Capacity Movement Analysis & Market Share, 2020 & 2028
6.2 Market Size & Forecasts And Trend Analysis, 2017 To 2028 For The Following Capacity Type:
6.2.1 Micro Hydropower
6.2.1.1 U.S. Small Hydropower Market Size & Forecasts, 2017 To 2028 (USD Million)
6.2.2 Mini Hydropower
6.2.2.1 U.S. Small Hydropower Market Size & Forecasts, 2017 To 2028 (USD Million)
CHAPTER 7 COMPETITIVE ANALYSIS
7.1 Key Global Players, Recent Market Developments & Their Impact On The Industry
7.2 U.S. Vendor Landscape
7.2.1 Key Company Market Position Analysis In U.S., 2020
CHAPTER 8 COMPANY PROFILES
8.1 Siemens Energy
8.1.1 Company Overview
8.1.2 Financial Performance
8.1.3 Product Benchmarking
8.1.4 Strategic Initiatives
8.2 General Electric
8.2.1 Company Overview
8.2.2 Financial Performance
8.2.3 Product Benchmarking
8.2.4 Strategic Initiatives
8.3 Voith GmbH & Co. KGaA
8.3.1 Company Overview
8.3.2 Financial Performance
8.3.3 Product Benchmarking
8.3.4 Strategic Initiatives
8.4 TOSHIBA CORPORATION
8.4.1 Company Overview
8.4.2 Financial Performance
8.4.3 Product Benchmarking
8.4.4 Strategic Initiatives
8.5 ANDRITZ
8.5.1 Company Overview
8.5.2 Financial Performance
8.5.3 Product Benchmarking
8.5.4 Strategic Initiatives
8.6 Natel Energy
8.6.1 Company Overview
8.6.2 Financial Performance
8.6.3 Product Benchmarking
8.6.4 Strategic Initiatives
8.7 Gilkes
8.7.1 Company Overview
8.7.2 Financial Performance
8.7.3 Product Benchmarking
8.7.4 Strategic Initiatives
8.8 SNC-Lavalin Group
8.8.1 Company Overview
8.8.2 Financial Performance
8.8.3 Product Benchmarking
8.8.4 Strategic Initiatives
8.9 Mavel, a.s.
8.9.1 Company Overview
8.9.2 Financial Performance
8.9.3 Product Benchmarking
8.9.4 Strategic Initiatives
8.10 Canyon Hydro
8.10.1 Company Overview
8.10.2 Financial Performance
8.10.3 Product Benchmarking
8.10.4 Strategic Initiatives
8.11 W?rtsil?
8.11.1 Company Overview
8.11.2 Financial Performance
8.11.3 Product Benchmarking
8.11.4 Strategic Initiatives
1.1 Market Segmentation & Scope
1.1.1 Research Methodology And Assumptions
1.1.1.1 Bottom-Up Approach
1.1.1.2 Top-Down Approach
1.1.1.3 Cross-Validation
1.1.1.4 Market Forecasts
1.2 Market Definition
1.3 Information Procurement
1.3.1 Purchased Database
1.3.2 Gvr’s Internal Database
1.3.3 Secondary Sources
1.3.4 Third Party Perspective
1.3.5 Primary Research
1.4 Information Analysis
1.4.1 Data Analysis Models
1.5 Market Formulation And Data Visualization
1.6 Data Validation And Publishing
CHAPTER 2 EXECUTIVE SUMMARY
2.1 Market Outlook
2.2 Segmental Outlook
2.3 Competitive Insights
CHAPTER 3 MARKET VARIABLES, TRENDS & SCOPE
3.1 Market Lineage Outlook
3.1.1 Small Hydropower Market Outlook
3.2 Penetration And Growth Prospects Mapping
3.3 Industry Value Chain Analysis
3.4 Technology Overview
3.5 Regulatory Framework
3.6 U.S. Small Hydropower Market Dynamics
3.6.1 Market Driver Analysis
3.6.2 Market Restraint Analysis
3.6.3 Market Opportunity Analysis
3.7 U.S. Small Hydropower Industry Analysis - Porter’s
3.8 U.S. Small Hydropower Industry Analysis - Pestel
3.9 Impact Of Covid-19 On U.S. Small Hydropower Market
CHAPTER 4 U.S. SMALL HYDROPOWER MARKET: CAPACITY TYPE ESTIMATES & TREND ANALYSIS
4.1 Capacity Movement Analysis & Market Share, 2020 & 2028
4.2 Market Size & Forecasts And Trend Analysis, 2017 To 2028 For The Following Capacity Type:
4.2.1 Up to 1 MW
4.2.1.1 U.S. Small Hydropower Market Size & Forecasts, 2017 To 2028 (USD Million)
4.2.2 1 MW - 10 mW
4.2.2.1 U.S. Small Hydropower Market Size & Forecasts, 2017 To 2028 (USD Million)
CHAPTER 5 U.S. SMALL HYDROPOWER MARKET: COMPONENT ESTIMATES & TREND ANALYSIS
5.1 Component Movement Analysis & Market Share, 2020 & 2028
5.2 Market Size & Forecasts And Trend Analysis, 2017 To 2028 For The Following:
5.2.1 Civil Construction
5.2.1.1 Market Size & Forecasts, 2017 To 2028 (USD Million)
5.2.2 Power Infrastructure
5.2.2.1 Market Size & Forecasts, 2017 To 2028 (USD Million)
5.2.3 Electromechanical Equipment
5.2.3.1 Market Size & Forecasts, 2017 To 2028 (USD Million)
5.2.7 Others
5.2.7.1 Market Size & Forecasts, 2017 To 2028 (USD Million)
CHAPTER 6 U.S. SMALL HYDROPOWER MARKET: CAPACITY TYPE ESTIMATES & TREND ANALYSIS
6.1 Capacity Movement Analysis & Market Share, 2020 & 2028
6.2 Market Size & Forecasts And Trend Analysis, 2017 To 2028 For The Following Capacity Type:
6.2.1 Micro Hydropower
6.2.1.1 U.S. Small Hydropower Market Size & Forecasts, 2017 To 2028 (USD Million)
6.2.2 Mini Hydropower
6.2.2.1 U.S. Small Hydropower Market Size & Forecasts, 2017 To 2028 (USD Million)
CHAPTER 7 COMPETITIVE ANALYSIS
7.1 Key Global Players, Recent Market Developments & Their Impact On The Industry
7.2 U.S. Vendor Landscape
7.2.1 Key Company Market Position Analysis In U.S., 2020
CHAPTER 8 COMPANY PROFILES
8.1 Siemens Energy
8.1.1 Company Overview
8.1.2 Financial Performance
8.1.3 Product Benchmarking
8.1.4 Strategic Initiatives
8.2 General Electric
8.2.1 Company Overview
8.2.2 Financial Performance
8.2.3 Product Benchmarking
8.2.4 Strategic Initiatives
8.3 Voith GmbH & Co. KGaA
8.3.1 Company Overview
8.3.2 Financial Performance
8.3.3 Product Benchmarking
8.3.4 Strategic Initiatives
8.4 TOSHIBA CORPORATION
8.4.1 Company Overview
8.4.2 Financial Performance
8.4.3 Product Benchmarking
8.4.4 Strategic Initiatives
8.5 ANDRITZ
8.5.1 Company Overview
8.5.2 Financial Performance
8.5.3 Product Benchmarking
8.5.4 Strategic Initiatives
8.6 Natel Energy
8.6.1 Company Overview
8.6.2 Financial Performance
8.6.3 Product Benchmarking
8.6.4 Strategic Initiatives
8.7 Gilkes
8.7.1 Company Overview
8.7.2 Financial Performance
8.7.3 Product Benchmarking
8.7.4 Strategic Initiatives
8.8 SNC-Lavalin Group
8.8.1 Company Overview
8.8.2 Financial Performance
8.8.3 Product Benchmarking
8.8.4 Strategic Initiatives
8.9 Mavel, a.s.
8.9.1 Company Overview
8.9.2 Financial Performance
8.9.3 Product Benchmarking
8.9.4 Strategic Initiatives
8.10 Canyon Hydro
8.10.1 Company Overview
8.10.2 Financial Performance
8.10.3 Product Benchmarking
8.10.4 Strategic Initiatives
8.11 W?rtsil?
8.11.1 Company Overview
8.11.2 Financial Performance
8.11.3 Product Benchmarking
8.11.4 Strategic Initiatives
LIST OF TABLES
Table 1 U.S. Small Hydropower Market Size & Forecasts, by up to 1 MW capacity, 2017 to 2028 (USD Million)
Table 2 U.S. Small Hydropower Market Size & Forecasts, by 1 - 10 MW capacity, 2017 to 2028 (USD Million)
Table 3 U.S. Small Hydropower market estimates & forecast, by micro hydropower type, 2017 to 2028 (USD Million)
Table 4 U.S. Small Hydropower market estimates & forecast, by mini hydropower type, 2017 to 2028 (USD Million)
Table 5 U.S. Small Hydropower market estimates & forecast, by civil construction component type, 2017 to 2028 (USD Million)
Table 6 U.S. Small Hydropower market estimates & forecast, by power infrastructure component type, 2017 to 2028 (USD Million)
Table 7 U.S. Small Hydropower market estimates & forecast, by electromechanical component type, 2017 to 2028 (USD Million)
Table 8 U.S. Small Hydropower market estimates & forecast, by others component type, 2017 to 2028 (USD Million)
Table 1 U.S. Small Hydropower Market Size & Forecasts, by up to 1 MW capacity, 2017 to 2028 (USD Million)
Table 2 U.S. Small Hydropower Market Size & Forecasts, by 1 - 10 MW capacity, 2017 to 2028 (USD Million)
Table 3 U.S. Small Hydropower market estimates & forecast, by micro hydropower type, 2017 to 2028 (USD Million)
Table 4 U.S. Small Hydropower market estimates & forecast, by mini hydropower type, 2017 to 2028 (USD Million)
Table 5 U.S. Small Hydropower market estimates & forecast, by civil construction component type, 2017 to 2028 (USD Million)
Table 6 U.S. Small Hydropower market estimates & forecast, by power infrastructure component type, 2017 to 2028 (USD Million)
Table 7 U.S. Small Hydropower market estimates & forecast, by electromechanical component type, 2017 to 2028 (USD Million)
Table 8 U.S. Small Hydropower market estimates & forecast, by others component type, 2017 to 2028 (USD Million)
LIST OF FIGURES
Fig. 1 U.S. Small Hydropower Market Segmentation
Fig. 2 Information procurement
Fig. 3 Primary research pattern
Fig. 4 Primary research process
Fig. 5 Primary research approaches
Fig. 6 Market driver impact analysis
Fig. 7 Market restraint impact analysis
Fig. 8 U.S. Small Hydropower Market Analysis - Porter’s
Fig. 9 U.S. Small Hydropower Market Analysis - PESTEL analysis
Fig. 10 U.S. Small Hydropower Market: Capacity Movement Analysis, 2020 & 2028
Fig. 11 U.S. Small Hydropower Market: Component Type Movement Analysis, 2020 & 2028
Fig. 12 U.S. Small Hydropower Market: Type Movement Analysis, 2020 & 2028
Fig. 1 U.S. Small Hydropower Market Segmentation
Fig. 2 Information procurement
Fig. 3 Primary research pattern
Fig. 4 Primary research process
Fig. 5 Primary research approaches
Fig. 6 Market driver impact analysis
Fig. 7 Market restraint impact analysis
Fig. 8 U.S. Small Hydropower Market Analysis - Porter’s
Fig. 9 U.S. Small Hydropower Market Analysis - PESTEL analysis
Fig. 10 U.S. Small Hydropower Market: Capacity Movement Analysis, 2020 & 2028
Fig. 11 U.S. Small Hydropower Market: Component Type Movement Analysis, 2020 & 2028
Fig. 12 U.S. Small Hydropower Market: Type Movement Analysis, 2020 & 2028
