Hydraulic Turbine Market to Generate $1.5 Billion by 2027, States the Report by Allied Market Research

A lead analyst at AMR highlighted that the hydraulic turbine market in Asia-Pacific is anticipated to remain lucrative, in terms of revenue, during the forecast period, owing to rise in concern from governments across emerging nations, such as China, India, and South Korea, regarding zero-emission norms. Allied Market Research published a research report on the hydraulic turbine market. …

Hydraulic Turbine Market Expected to Witness a Dynamic Growth of $1.5 billion by 2027

As per the report published by Allied Market Research, the global hydraulic turbine market was pegged at $0.9 billion in 2019, and is projected to reach $1.5 billion by 2027, registering a CAGR of 5.7% from 2020 to 2027. Increased demand for renewable and sustainable energy sources, replacement of fossil fuel power, and robust investments …