From GlobeNewswire: 2024-05-02 02:32:00

Allied Market Research released a report projecting the hydropower turbines market to reach $5.2 billion by 2033, growing at a CAGR of 4.9% driven by demand for renewable energy, climate change concerns, and technological advancements. The report covers key drivers, opportunities, and restraints impacting market growth, with a focus on reaction and impulse turbine segments. The power generation application and Asia-Pacific region are expected to dominate the market by 2033, with key players like Siemens AG and General Electric leading the industry through strategic initiatives. This detailed analysis offers valuable insights for stakeholders in the hydropower turbine market.



Read more at GlobeNewswire: Hydropower Turbines Market to Reach $5.2 billion, Globally,