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APAC dominated the regional industry with more than 80 GW installed capacity in 2014. China, India, and Japan small hydropower market size were the major contributors. Rising need to supply electricity in remote areas accompanied by growing environmental consciousness are expected trend to fuel regional demand.
North America, with dominant Canada and U.S. small hydropower market size, is set to grow at more than 2.5% CAGR up to 2024. Policies by FERC in order to promote renewable energy coupled with need to provide energy in rural areas are promising factors to foster industry growth.
Central & South America is set to grow at over 4.5% CAGR up to 2024. Huge hydro potential sites and untapped areas should propel regional demand.
Italy dominated Europe small hydropower market assessment with total installation of over 3.1 GW in 2014. Resource availability and trend to adopt renewable technologies were the major influencing factors to stimulate market growth.