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 Key Buyers Chapter
The Hydroelectric Power Plant Construction industry has a low level of concentration. In 2013, the top four industry firms have less than 40.0% of market share. Despite this low concentration, the US Army Corps of Engineers has an estimated 23.9% of industry revenue. In general, the federal government and state governments have built and operated major hydroelectric facilities. The US Army Corps of Engineers will continue to be a major player in the industry.
In the past five years, greater levels of competition have forced many companies out of the industry. Over the five years to 2013, the number of firms in the Hydroelectric Power Plant Construction industry are estimated to fall at an average annual rate of 5.8% to 20... purchase to read more