Rising Demand for Small and Micro Hydro Systems Boosting Global...

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2026-02-19 14:01:55 -

Rising Demand for Small and Micro Hydro Systems Boosting Global Turbine Market

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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