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MICROHYDRO-ELECTRIC SYSTEMS MARKET ANALYSIS

Microhydro-Electric Systems Market, By Component (Intake, Penstock, Turbine, Dump load, Battery bank, Main DC disconnect, Inverter, AC breaker panel, Others), By (Less than 30 kW, 20 kW to 50 kW, 50kW to 100 kW), and By Region - Global Industry Insights, Trends, Outlook, and Opportunity Analysis, 2022-2028

  • To Be Published : Sep 2024
  • Code : CMI1240
  • Formats :
      Excel and PDF
  • Industry : Smart Technologies

Market Challenges And Opportunities

Administrative bottlenecks and low adoption rates are expected to hamper the industrial growth over the forecast period

Requirement to fulfil the long and complicated procedural hurdles to obtain the authorization, permits, and approvals in almost every nations is expected to be the major factor hindering the market growth. Furthermore, adoption of the methodology for power generation is still in its nascent stage with most of the potential still left untapped. For instance, over 95% of around 79,000 dams in the U.S., are not utilized for the generation of electricity.

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