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[193 Pages Report] The hybrid power solutions market is expected to grow from an estimated USD 2.4 billion in 2023 to USD 4.0 billion by 2028, at a CAGR of 10.4% during the forecast period. The nations are undergoing rapid industrialization, there is a greater demand for power. Due to the massive sustainability goals, the increase in adoption of renewable energy is driving the integration of renewable energy sources along with already established conventional power sources. This is enhancing the investment in development of hybrid power solutions.
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