In-Pipe Hydro Systems Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)

Market Overview

The market for in-pipe hydro systems is expected to grow at a CAGR of more than  2.3% approximately during the forecast period of 2020 – 2025. The in-pipe hydro power systems are becoming more popular, as they do not require additional infrastructure or substantial upfront cost. Factors such as increased focus on renewable power generation and rising need for efficient power generation in both commercial and industrial applications are expected to drive the demand for in-pipe hydro systems. Also, weather independent system is anticipated to drive the market as the energy produced by the in-pipe hydro system eliminates the weather dependency, which is observed with energy produced from other types of renewable-based energy generation systems. On the other hand, factors such as high initial cost, interruptions caused in the natural flow of water, and shortage of water supply are anticipated to hinder the market growth.

• Industrial water systems are likely to witness a significant demand over the forecast period as water requirement is huge for major industries i.e. water used in industries for purposes like fabricating, diluting,cooling, and washing etc.
• Expanding water infrastructure facilities across the world is creating huge opportunities for in-house power system deployment, which is anticipated to to create a significant opportunity for the market in the near future.
• North America is expected to be the largest market with majority of the demand coming from the countries such as the United States and Canada.

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Key Market Trends

Industrial Water Systems to Witness Significant Demand

• The industrial sector is offering vast business opportunities for the in-pipe hydro systems market. As the requirement of water across industries, such as steel, and chemicals etc. is widespread, and water pipeline network in such industries can be used to install in-pipe power generation system that can be used for self-consumption.
• As the focus across the world has increased on implementing energy efficiency measures across the industries, the power generation from water pipeline network in the industrial plants can lead to efficiency in energy consumption.
• In addition to solar photovoltaic and wind systems, in-pipe water to wire power systems are becoming particularly interesting for the integration of renewable sources at industrial scale because of the potential to harness clean energy from excess head pressure in industrial water pipelines.
• Able to operate across a wide range of head and flow conditions micro hydro power systems can be deployed in municipalities, energy-intensive industries and agricultural irrigation districts providing a consistent amount of clean and continuous energy without the typical intermittency of wind and solar and at the same time helping in pipelines management and maintenance.
• The increased water needs in emerging markets such as India and China, the global water demand is expected to rise about 6.350 cubic kilometers in 2030. Also, the European industry’s water demand is expected to increase by around 100 billion cubic meters of water in 2030, compared to 2005.
• Therefore, based on the above-mentioned factors, industrial water systems are anticipated to witness significant demand over the forecast period.

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