Hydro Turbine Market Outlook 2035: Modernization and Renewable...

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2026-02-19 14:01:51 -

Hydro Turbine Market Outlook 2035: Modernization and Renewable Investments Fuel 5.9% CAGR

The global hydro turbine market is experiencing steady growth as countries accelerate renewable energy deployment and modernize aging hydropower assets. Valued at US$ 2.6 Bn in 2024, the industry is projected to expand at a CAGR of 5.9% from 2025 to 2035, reaching an estimated US$ 4.9 Bn by the end of the forecast period. Increasing investments in clean energy transitions, grid reliability...

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