Industry Analysis & Industry Trends
The construction of hydroelectric plants is limited by the availability of suitable locations for power plants. Hydroelectric power has been harvested since the nineteenth century, so locations are increasingly limited. This factor, as well as several years of drought and a greater focus on wind and solar power as renewable energy sources, has caused the industry to decline over the past five years. Still, an increase in demand for electricity and a continued shift away from fossil fuel-based and nuclear power will renew growth in the five years to 2017.... purchase to read more
Industry Report - Industry SWOT Analysis Chapter
Fairly stable industry products, together with clearly defined segmented product groups and user industries, indicate the industry's mature phase. Despite newer technologies allowing for more efficiency in the production process, there is a dearth in significant new products that, through consistent evolution, would contribute to a growing industry. Additionally, because of an absence of new buyers, key buying markets continue to be among households and the commercial sector.
Due to declining demand and high operating costs, firms are consolidating their establishments. Over the five years to 2013, the number of industry establishments will decline at an average annual rate of 1.3% to 61. Consolidation is expected to continue as environmental compliance costs remain high... purchase to read more