Hydraulic Turbine Market to Portray $1.5 billion by 2027, registering a CAGR of 5.7 %

Hydraulic turbines market is projected to reach $1.5 billion by 2027, growing at a CAGR of 5.7% from 2020 to 2027. Hydraulic turbine is used to generate electricity using kinetic energy of falling water. Falling water on turbine creates mechanical energy, which is further converted into electrical energy through hydroelectric generator. Generally, hydraulic turbine is …