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Global Offshore Hydropower Market to be driven by growing demand for energy derived from renewable sources; Regionally, Asia Pacific is expected to exhibit attractive opportunities for offshore hydropower market by 2023
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Transparency Market Research Single User License: USD 4315.5 Flat 10% Discount!! Free Customization as per your requirement You will get Custom Report at Syndicated Report price Report will be delivered with in 15-20 working days Offshore Hydropower Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 - 2024 Request Sample Transparency Market Research State Tower, 90, State Street, Suite 700. Albany, NY 12207 United States www.transparencymarketresearch.com sales@transparencymarketresearch.com Buy Now
REPORT DESCRIPTION Global Offshore Hydropower Market: Overview The global offshore hydropower market is substantially gaining from the rising demand for clean energy. Concerns pertaining to the depleting resource of fossil-based fuels and the increasing carbon footprint are fuelling demand for renewable energy, subsequently boosting the global offshore hydropower market. Browse Market Research Report:http://www.transparencymarketresearch.com/offshore-hydropower- market.html Offshore hydropower plants can be classified based on their production capacity into large, small, micro, and Pico- hydro power plants. Plants exhibiting a production capacity of more than 30 MW are categorized as large plants. On the other hand plants with a production capacity between 100 KW and 30 MW belong to the small-scale category. Hydropower generation plants having a production capacity of less than 100 KW are included in the category of Pico or micro power plants. The large systems segment is further categorized into pumped storage, impoundment plants, and diversion plants. Among these, the demand for pumped storage mainly arises during the times of peak demand. Diversion plants are also referred to as run-of-river hydro. While, pumped storages require construction of a reservoir, diversion plants
have no such requisites and are thus considered to be the most preferred technology for offshore hydropower generation. The report presents insights into the growth drivers and restraints influencing the market’s trajectory. The impact of these factors across the various segments is studied in detail. Some of the leading enterprises operating in the market are also profiled in the report to provide a holistic analysis of the prevailing competitive trends. Global Offshore Hydropower Market: Key Opportunities and Threats The growing demand for energy derived from renewable sources is helping the market for offshore hydropower gain momentum. On the flip side, the negative effects of the construction of large production systems on wild life and environment are inhibiting the market to an extent. The construction of a large production system requires several permits. Such stringent regulations pose a serious challenge to the market. In addition, high initial investment required for the installation of these systems also threatens the market’s growth Nevertheless, the market is expected to significantly gain from the energy storage advantages offered by pumped hydropower storage. However, during the report’s forecast period, the small and micro hydro power plants are expected to report the highest CAGR. The increasing demand for decentralized electricity worldwide will give significant impetus to the global offshore hydropower market. Global Offshore Hydropower Market: Region-wise Outlook
Regionally, Asia Pacific is expected to exhibit attractive opportunities for the global offshore hydropower market. The surging demand for electricity in India and China will aid the expansion of the offshore hydropower market in Asia Pacific. The market will also gain from the widespread adoption of green technologies in the region and favorable government initiatives. Furthermore, due to the presence of a large number of industry powers in the region, Europe is expected to emerge as a lucrative market for offshore hydropower. Favorable regulatory policies encouraging the construction of these systems will boost the market for hydropower in Europe between 2016 and 2023. North America is also likely to witness a considerable surge in demand for energy derived from hydropower, which in turn will boost offshore hydropower market in the region. Get accurate market forecast and analysis on the Offshore Hydropower market. Request a sample to stay abreast on the key trends impacting this market @ http://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=11969 Global Offshore Hydropower Market: Competitive Insight To present an in-depth analysis of the prevailing competitive landscape, the report also profiles companies such as Calpine Corp, First Solar, Siemens, China Yangtze Power, and others. The strengths and weaknesses of these
companies are analyzed in detail. The report also examines the threats and opportunities that these companies are expected to witness over the forecast period. About Us Transparency Market Research is a market intelligence company providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward- looking insight for thousands of decision makers. We are privileged with highly experienced team of Analysts, Researchers and Consultants, who use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge. Contact Transparency Market Research 90 State Street, Suite 700, Albany NY - 12207 United States Tel: +1-518-618-1030 USA - Canada Toll Free 866-552-3453 Email: sales@transparencymarketresearch.com Website: http://www.transparencymarketresearch.com/ Browse Market Research Blog : http:// Cmfeglobalreports .blogspot.com/