Global Information, a company involved in distributing market and technical research, has presented a new report titled, “The Hydropower Market 2011-2021” published by Visiongain.
At present, the electricity generated by means of hydropower, a low-carbon energy source, contributes to 1/6 of the world's total electricity. Hydropower is expected to play a vital role in the worldwide energy supply in the future since the moving of the world towards reusable energy instead of fossil fuels. According to the new market research report, in 2011, the worth of worldwide hydropower market is expected to be about $56.51 billion. The forecast of this report was described on the basis of expenditure on new hydropower projects along with the expenditure on expansions and upgrades.
The report discusses the most significant technological changes that occurred in the hydropower industry and validates how important these technologies are for creating an increase in the hydropower market growth for a longer period. In order to offer readers with an outlook of the future condition of the hydropower market, the report has evaluated different restraints and drivers of the hydropower market.
This market research report comprises 65 graphs and tables forecasting, analyzing, and quantifying the hydropower market in-depth, and offers data on the latest granted contracts in over 50 national markets. Additionally, it includes profiles of the top 50 companies in the hydropower industry. Analysis and forecasting were done by thorough consultation with market experts including interview records with a European energy company, Vattenfall and a global construction and engineering company, Black & Veatch.