Asia-Pacific region leads global hydro power market

The Asia-Pacific region has a total installed capacity of 295,764 MW by the end of 2008 to lead the global hydro power market. This is based on the Global Markets Direct's new report "Asia-Pacific Hydro Power Market Analysis and Forecasts to 2013," which provides detailed analysis and forecasts of the Asia-Pacific hydro power industry.

Global Markets Direct is a global market intelligence services company providing information research and analysis products and services.

The Asia-Pacific region has witnessed tremendous growth in the hydro electric sector over the last few years, principally because of strong growth in the leading hydro power nations such as China, Japan, India and Australia.

Among the leading nations, China and India have vast untapped hydro resources, which provide an indication of the growth potential of the region over the next few years. It is forecasted that cumulative hydro installed capacity in the Asia-Pacific region will grow at a CAGR of 6.92% during the period 2009-13 to reach 434,388 MW by the end of 2013.

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