Press Release

TMRR recently published a market study on the global Pumped-Storage Hydroelectricity market that sheds light on the various trends that are playing an imperative role in shaping the growth of the Pumped-Storage Hydroelectricity market. The report provides a detailed analysis of the Pumped-Storage Hydroelectricity supply chain, value chain, and business execution across various regional markets. According to the study, the Pumped-Storage Hydroelectricity market is slated to witness a CAGR growth of ~XX% during the forecast period (2019-2029) and exceed market value of ~US$ XX by the end of 2019.

Furthermore, the report includes the company profiles of some of the most established market players operating in the Pumped-Storage Hydroelectricity market. The market share, regional presence, pricing strategy, marketing strategy, revenue growth, and product portfolio of each company is provided in the presented market study. The various market players included in the report include, company 1, company 2, company 3, and company 4.

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Important Takeaways from the Pumped-Storage Hydroelectricity Market Report

  • Analysis of the micro and macro-economic factors likely to impact the dynamics of the Pumped-Storage Hydroelectricity market
  • Important trends and developments in the Pumped-Storage Hydroelectricity market
  • The projected growth of each market segment and sub-segment
  • Winning strategies of stakeholders in the Pumped-Storage Hydroelectricity market
  • Recent innovations, product launches, technological advances

companies currently operational in the global pumped-storage hydroelectricity market, including their market share and strategic developments. By technology, the market can be segmented into single reversible pump turbine and separate pump and turbine generators. The end use application of pumped storage hydroelectricity can be segmented on the basis of the service they provide. Some of the services provided by pumped storage hydro are energy balancing, stability, storage capacity and ancillary grid services.

Global Pumped-Storage Hydroelectricity Market: Prospects and Inhibitors

The increasing demand for energy storage systems and the emergence of ancillary services are two of the primary driving factors of the pumped-storage hydroelectricity market. In the recent times, increased importance has been given to stable form of energy, and technological advancements has made pumped-storage hydroelectricity serve the demand efficiently. Other factors favoring the global pumped-storage hydroelectricity market include the need for alternative energy sources with black start capabilities, reactive power generation, and the assurance to operate as a spinning reserve. Conversely, the availability of large bodies of water along with a height variation between the two reservoirs are noted by the report as two primary restraining factors over the market. However, this barrier can be overcome via man-made alterations to the topography, which also helps in desired size and height measurements.

Global Pumped-Storage Hydroelectricity Market: Prospects and Inhibitors

Europe currently serves the maximum demand, especially from the country-wide markets of the U.K., Switzerland, Austria, and Italy. Asia Pacific market is driven by Japan while the U.S. contributes nearly 95% of the demand from the North American region.

Alstom, First Hydro, Exelon, Voith and J-Power are some of the key players in pumped-storage hydroelectricity market.

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The report aims to clarify some key doubts pertaining to the Pumped-Storage Hydroelectricity market such as:

  1. What is the estimated revenue growth of the Pumped-Storage Hydroelectricity market through the forecast period?
  2. Which region is expected to generate the highest revenue during the assessment period?
  3. What are the leading market players operating in the Pumped-Storage Hydroelectricity market?
  4. What are the most suitable marketing and promotional channels for market players in the Pumped-Storage Hydroelectricity market?
  5. What are the factors that are likely to hinder the growth of the Pumped-Storage Hydroelectricity market in the upcoming years?

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