ACMR-IBISWorld estimates that in the five years through 2015, revenue for the Hydroelectric Power industry has been increasing at an average annualized rate of 9.3% to $48.7 billion. The government's strategy for developing renewable energy in China has had a positive impact on the development of the industry. Additional drivers for industry growth have been power shortages, industry deregulation and the implementation of a market-based pricing mechanism.
Hydroelectricity, as a replacement for thermal power generation (IBISWorld industry report 4411), is less polluting and enhances the utilization ratio of resources.
The Hydroelectric Power industry in China comprises establishments that operate hydroelectric power generation facilities. These facilities derive energy from falling or flowing water, such as rivers, streams and the overflow of dams. The establishments in this industry produce electric energy and provide electricity to transmission systems or to electric power distribution systems.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.