Small Hydropower Market is driven by increasing focus on renewable energy sources

The Global Small Hydropower Market is estimated to be valued at USD 2.77 Billion in 2024 and is expected to exhibit a CAGR of 3.1% over the forecast period 2024-2031.

Small Hydropower Market Demand for clean and renewable sources of energy is driving the adoption of small hydropower plants across the world. Power consumption is increasing rapidly owing to industrialization and urbanization in developing nations. Small hydropower is an effective way to meet this rising energy need while reducing dependence on fossil fuels.

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