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The hydro-pumped storage plants market is forecasted to grow by USD 149.2 billion during 2023-2028, accelerating at a CAGR of 7.37% during the forecast period. The report on the hydro-pumped storage plants market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by demand for new water resources due to urbanization and safety concerns, increase in sustainable water storage technologies, and stringent government regulations on greenhouse gas emissions.
The hydro-pumped storage plants market is segmented as below:
By Application
- Load balancing
- Ancillary grid services
- Stability
- Storage capacity
By Type
- Open-loop
- Closed-loop
By Geographical Landscape
- APAC
- Europe
- North America
- South America
- Middle East and Africa
The report on the hydro-pumped storage plants market covers the following areas:
- Hydro-pumped storage plants market sizing
- Hydro-pumped storage plants market forecast
- Hydro-pumped storage plants market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Application
7 Market Segmentation by Type
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global hydro-pumped storage plants market: ALSTOM SA, Andritz AG, Duke Energy Corp., E.ON SE, Electricite de France SA, Enel Spa, Exelon Corp., First Hydro Co., General Electric Co., Gilbert Gilkes and Gordon Ltd., HD Hyundai Co. Ltd., Hitachi Ltd., Iberdrola SA, Mitsubishi Electric Corp., Siemens AG, Sulzer Ltd., Sumitomo Electric Industries Ltd., Toshiba Corp., voestalpine AG, and Voith GmbH and Co. KGaA.Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is integration of pumps with iiot."
According to the report, one of the major drivers for this market is the demand for new water resources due to urbanization and safety concerns.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- ALSTOM SA
- Andritz AG
- Duke Energy Corp.
- E.ON SE
- Electricite de France SA
- Enel Spa
- Exelon Corp.
- First Hydro Co.
- General Electric Co.
- Gilbert Gilkes and Gordon Ltd.
- HD Hyundai Co. Ltd.
- Hitachi Ltd.
- Iberdrola SA
- Mitsubishi Electric Corp.
- Siemens AG
- Sulzer Ltd.
- Sumitomo Electric Industries Ltd.
- Toshiba Corp.
- voestalpine AG
- Voith GmbH and Co. KGaA
