Market Overview:
The global offshore hydropower market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The market growth is attributed to the increasing demand for clean and renewable energy across the globe. In addition, the growing concerns over climate change and air pollution are also propelling the demand for offshore hydropower plants. The global offshore hydropower market can be segmented on the basis of type, application, and region.
Product Definition:
Offshore hydropower is a type of hydroelectric power generation that uses water collected from an offshore source, such as the ocean or a lake. Offshore hydropower has many advantages over traditional onshore hydroelectric generation.
-The water is typically cleaner than river water, so less treatment is required before it can be used in the power plant.
-The water is colder than inland water sources, so it can be used to generate more electricity per unit volume.
-There is usually more available space for dams and reservoirs offshore than onshore.
Large Power Plants(Above 30MW):
Large power plants (above 30 MW) are used in offshore hydropower projects. It is a type of power plant which is used to generate electricity for commercial purposes and also has applications in marine, coastal and freshwater renewable energy systems. The growth factor for large power plants market depends on the demand-supply gap globally as it provides an opportunity to produce electricity at less cost which attracts many countries towards investing in these types of projects.
Small Power Plants(100KW-30MW):
Small power plants are used for generating electricity in offshore hydropower projects. It is a type of marine power plant which is installed near the water surface and consists of equipment such as turbines, generators, penstocks &cables which transmit the generated power to the land through underwater cables.
Application Insights:
Power generation application dominated the global offshore hydropower market in 2017, accounting for over 75% of the revenue share. The segment is expected to witness a CAGR of XX% from 2018 to 2030 owing to growing demand for power generated from large industrial consumers across the globe.
The Impoundment segment accounted for over 24% of the total revenue share in 2017 and is expected to grow at a significant rate during the forecast period owing to its ability provide continuous power supply without depending on rain or river flow as it depends solely on streamflow which varies from year to year. Increasing use of impoundment as an alternative source of energy has resulted in increased development activities leading towards increased production capacity which would augment demand over the forecast period.
Regional Analysis:
Asia Pacific offshore hydropower market is expected to witness significant growth over the forecast period owing to increasing government support for large scale investments in the energy sector. China has made huge investments in its national power generation and plans on developing more capacity with an additional investment of USD X billion by 2020. The country also aims at reducing carbon emissions by expanding its renewable power capacity, which includes both onshore and offshore hydropower plants.
Europe accounted for a share of over 20% in 2017 owing to large scale projects already under implementation or being planned such as Nord Stream 2 pipeline (Russia-Germany), Turkish Straits Power Project (TFE-Turkey-EU) and Hinkley Point C nuclear plant (UK). These projects are expected to be operational by 2019, 2020 & 2021 respectively thereby augmenting Europe's offshore hydropower production capacities significantly over the forecast period.
Growth Factors:
- Increasing demand for electricity due to population growth and industrialization in developing countries
- Government policies and regulations supporting renewable energy sources
- Reduction in the cost of offshore hydropower development and installation
- Advancements in technology that improve the efficiency of offshore hydropower plants
- Growing interest from private investors in renewable energy projects
Scope Of The Report
Report Attributes
Report Details
Report Title
Offshore Hydropower Market Research Report
By Type
Large Power Plants(Above 30MW), Small Power Plants(100KW-30MW), Micro Power Plants (Below 100KW)
By Application
Power Generation, Impoundment
By Companies
Iberdrola, First Solar, Bronzeoak Philippines, Vattenfall, Calpine Corp, NextEra Energy, Siemens, Alstom, China Yangtze Power, RusHydro, LDK Solar, Suzlon Energy, E.on UK, Hydrochina International Engineering
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
234
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Offshore Hydropower Market Report Segments:
The global Offshore Hydropower market is segmented on the basis of:
Types
Large Power Plants(Above 30MW), Small Power Plants(100KW-30MW), Micro Power Plants (Below 100KW)
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Power Generation, Impoundment
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Iberdrola
- First Solar
- Bronzeoak Philippines
- Vattenfall, Calpine Corp
- NextEra Energy, Siemens
- Alstom
- China Yangtze Power
- RusHydro
- LDK Solar
- Suzlon Energy
- E.on UK
- Hydrochina International Engineering
Highlights of The Offshore Hydropower Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Large Power Plants(Above 30MW)
- Small Power Plants(100KW-30MW)
- Micro Power Plants (Below 100KW)
- By Application:
- Power Generation
- Impoundment
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Offshore Hydropower Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Offshore hydropower is a type of renewable energy that harnesses the power of flowing water to generate electricity. Hydropower plants are typically located in rivers, canals, or other bodies of water near the coast. The water flows over a turbine and turns it into electrical energy.
Some of the major companies in the offshore hydropower market are Iberdrola, First Solar, Bronzeoak Philippines, Vattenfall, Calpine Corp, NextEra Energy, Siemens, Alstom, China Yangtze Power, RusHydro, LDK Solar, Suzlon Energy, E.on UK, Hydrochina International Engineering.
The offshore hydropower market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Offshore Hydropower Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Offshore Hydropower Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Offshore Hydropower Market - Supply Chain
4.5. Global Offshore Hydropower Market Forecast
4.5.1. Offshore Hydropower Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Offshore Hydropower Market Size (000 Units) and Y-o-Y Growth
4.5.3. Offshore Hydropower Market Absolute $ Opportunity
5. Global Offshore Hydropower Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Offshore Hydropower Market Size and Volume Forecast by Type
5.3.1. Large Power Plants(Above 30MW)
5.3.2. Small Power Plants(100KW-30MW)
5.3.3. Micro Power Plants (Below 100KW)
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Offshore Hydropower Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Offshore Hydropower Market Size and Volume Forecast by Application
6.3.1. Power Generation
6.3.2. Impoundment
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Offshore Hydropower Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Offshore Hydropower Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Offshore Hydropower Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Offshore Hydropower Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Offshore Hydropower Demand Share Forecast, 2019-2026
9. North America Offshore Hydropower Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Offshore Hydropower Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Offshore Hydropower Market Size and Volume Forecast by Application
9.4.1. Power Generation
9.4.2. Impoundment
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Offshore Hydropower Market Size and Volume Forecast by Type
9.7.1. Large Power Plants(Above 30MW)
9.7.2. Small Power Plants(100KW-30MW)
9.7.3. Micro Power Plants (Below 100KW)
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Offshore Hydropower Demand Share Forecast, 2019-2026
10. Latin America Offshore Hydropower Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Offshore Hydropower Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Offshore Hydropower Market Size and Volume Forecast by Application
10.4.1. Power Generation
10.4.2. Impoundment
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Offshore Hydropower Market Size and Volume Forecast by Type
10.7.1. Large Power Plants(Above 30MW)
10.7.2. Small Power Plants(100KW-30MW)
10.7.3. Micro Power Plants (Below 100KW)
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Offshore Hydropower Demand Share Forecast, 2019-2026
11. Europe Offshore Hydropower Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Offshore Hydropower Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Offshore Hydropower Market Size and Volume Forecast by Application
11.4.1. Power Generation
11.4.2. Impoundment
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Offshore Hydropower Market Size and Volume Forecast by Type
11.7.1. Large Power Plants(Above 30MW)
11.7.2. Small Power Plants(100KW-30MW)
11.7.3. Micro Power Plants (Below 100KW)
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Offshore Hydropower Demand Share, 2019-2026
12. Asia Pacific Offshore Hydropower Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Offshore Hydropower Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Offshore Hydropower Market Size and Volume Forecast by Application
12.4.1. Power Generation
12.4.2. Impoundment
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Offshore Hydropower Market Size and Volume Forecast by Type
12.7.1. Large Power Plants(Above 30MW)
12.7.2. Small Power Plants(100KW-30MW)
12.7.3. Micro Power Plants (Below 100KW)
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Offshore Hydropower Demand Share, 2019-2026
13. Middle East & Africa Offshore Hydropower Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Offshore Hydropower Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Offshore Hydropower Market Size and Volume Forecast by Application
13.4.1. Power Generation
13.4.2. Impoundment
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Offshore Hydropower Market Size and Volume Forecast by Type
13.7.1. Large Power Plants(Above 30MW)
13.7.2. Small Power Plants(100KW-30MW)
13.7.3. Micro Power Plants (Below 100KW)
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Offshore Hydropower Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Offshore Hydropower Market: Market Share Analysis
14.2. Offshore Hydropower Distributors and Customers
14.3. Offshore Hydropower Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Iberdrola
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. First Solar
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Bronzeoak Philippines
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Vattenfall, Calpine Corp
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. NextEra Energy, Siemens
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Alstom
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. China Yangtze Power
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. RusHydro
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. LDK Solar
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Suzlon Energy
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. E.on UK
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Hydrochina International Engineering
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
