Hydro Turbine Market to Reach USD 4.9 Billion by 2035, Driven by...

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2025-11-28 04:02:31 -

Hydro Turbine Market to Reach USD 4.9 Billion by 2035, Driven by Clean Energy Transition and Hydropower Modernization Initiatives

The global hydro turbine market is set for steady growth as countries accelerate their transition toward renewable and low-carbon energy systems. Valued at US$ 2.6 billion in 2024, the market is projected to expand at a compound annual growth rate (CAGR) of 5.9% from 2025 to 2035, reaching approximately US$ 4.9 billion by 2035. This growth reflects increasing investments in hydropower...

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