
Micro Turbines Market by Rating (12–50 kW, 250–500 kW, 50–250 kW), Application (Combined Heat & Power, Standby Power), End-User - Global Forecast 2024-2030
Description
Micro Turbines Market by Rating (12–50 kW, 250–500 kW, 50–250 kW), Application (Combined Heat & Power, Standby Power), End-User - Global Forecast 2024-2030
The Micro Turbines Market size was estimated at USD 544.09 million in 2023 and expected to reach USD 602.91 million in 2024, at a CAGR 10.90% to reach USD 1,122.74 million by 2030.
FPNV Positioning Matrix
The FPNV Positioning Matrix is pivotal in evaluating the Micro Turbines Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).
Market Share Analysis
The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Micro Turbines Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.
Key Company Profiles
The report delves into recent significant developments in the Micro Turbines Market, highlighting leading vendors and their innovative profiles. These include Ansaldo Energia S.p.A., Aurelia Turbines Oy, Bladon Jets Group, Brayton Energy, LLC, Cal Microturbine, Capstone Green Energy Corporation, FlexEnergy Solutions. Inc., ICR Turbine Engine Corporation, Micro Turbine Technology B.V., and Toyota Motor Corporation.
Market Segmentation & Coverage
This research report categorizes the Micro Turbines Market to forecast the revenues and analyze trends in each of the following sub-markets:
Rating
12–50 kW
250–500 kW
50–250 kW
Application
Combined Heat & Power
Standby Power
End-User
Commercial
Industrial
Residential
Region
Americas
Argentina
Brazil
Canada
Mexico
United States
California
Florida
Illinois
New York
Ohio
Pennsylvania
Texas
Asia-Pacific
Australia
China
India
Indonesia
Japan
Malaysia
Philippines
Singapore
South Korea
Taiwan
Thailand
Vietnam
Europe, Middle East & Africa
Denmark
Egypt
Finland
France
Germany
Israel
Italy
Netherlands
Nigeria
Norway
Poland
Qatar
Russia
Saudi Arabia
South Africa
Spain
Sweden
Switzerland
Turkey
United Arab Emirates
United Kingdom
The report offers valuable insights on the following aspects:
1. Market Penetration: It presents comprehensive information on the market provided by key players.
2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.
The report addresses key questions such as:
1. What is the market size and forecast of the Micro Turbines Market?
2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Micro Turbines Market?
3. What are the technology trends and regulatory frameworks in the Micro Turbines Market?
4. What is the market share of the leading vendors in the Micro Turbines Market?
5. Which modes and strategic moves are suitable for entering the Micro Turbines Market?
Note: PDF & Excel + Online Access - 1 Year
Table of Contents
192 Pages
- 1. Preface
- 1.1. Objectives of the Study
- 1.2. Market Segmentation & Coverage
- 1.3. Years Considered for the Study
- 1.4. Currency & Pricing
- 1.5. Language
- 1.6. Limitations
- 1.7. Assumptions
- 1.8. Stakeholders
- 2. Research Methodology
- 2.1. Define: Research Objective
- 2.2. Determine: Research Design
- 2.3. Prepare: Research Instrument
- 2.4. Collect: Data Source
- 2.5. Analyze: Data Interpretation
- 2.6. Formulate: Data Verification
- 2.7. Publish: Research Report
- 2.8. Repeat: Report Update
- 3. Executive Summary
- 4. Market Overview
- 4.1. Introduction
- 4.2. Micro Turbines Market, by Region
- 5. Market Insights
- 5.1. Market Dynamics
- 5.1.1. Drivers
- 5.1.1.1. Rising focus on green and sustainable power generation
- 5.1.1.2. Increasing consumption of energy
- 5.1.1.3. Increased demand of micro turbines in commercial and industrial applications
- 5.1.2. Restraints
- 5.1.2.1. Low electrical efficiency of micro turbines
- 5.1.3. Opportunities
- 5.1.3.1. Integration of innovative technologies in micro turbines
- 5.1.3.2. Growing awareness to reduce carbon emissions
- 5.1.4. Challenges
- 5.1.4.1. Complexity to electrical grid modernization & network upgradation
- 5.2. Market Segmentation Analysis
- 5.3. Market Trend Analysis
- 5.4. Cumulative Impact of High Inflation
- 5.5. Porter’s Five Forces Analysis
- 5.5.1. Threat of New Entrants
- 5.5.2. Threat of Substitutes
- 5.5.3. Bargaining Power of Customers
- 5.5.4. Bargaining Power of Suppliers
- 5.5.5. Industry Rivalry
- 5.6. Value Chain & Critical Path Analysis
- 5.7. Regulatory Framework
- 6. Micro Turbines Market, by Rating
- 6.1. Introduction
- 6.2. 12–50 kW
- 6.3. 250–500 kW
- 6.4. 50–250 kW
- 7. Micro Turbines Market, by Application
- 7.1. Introduction
- 7.2. Combined Heat & Power
- 7.3. Standby Power
- 8. Micro Turbines Market, by End-User
- 8.1. Introduction
- 8.2. Commercial
- 8.3. Industrial
- 8.4. Residential
- 9. Americas Micro Turbines Market
- 9.1. Introduction
- 9.2. Argentina
- 9.3. Brazil
- 9.4. Canada
- 9.5. Mexico
- 9.6. United States
- 10. Asia-Pacific Micro Turbines Market
- 10.1. Introduction
- 10.2. Australia
- 10.3. China
- 10.4. India
- 10.5. Indonesia
- 10.6. Japan
- 10.7. Malaysia
- 10.8. Philippines
- 10.9. Singapore
- 10.10. South Korea
- 10.11. Taiwan
- 10.12. Thailand
- 10.13. Vietnam
- 11. Europe, Middle East & Africa Micro Turbines Market
- 11.1. Introduction
- 11.2. Denmark
- 11.3. Egypt
- 11.4. Finland
- 11.5. France
- 11.6. Germany
- 11.7. Israel
- 11.8. Italy
- 11.9. Netherlands
- 11.10. Nigeria
- 11.11. Norway
- 11.12. Poland
- 11.13. Qatar
- 11.14. Russia
- 11.15. Saudi Arabia
- 11.16. South Africa
- 11.17. Spain
- 11.18. Sweden
- 11.19. Switzerland
- 11.20. Turkey
- 11.21. United Arab Emirates
- 11.22. United Kingdom
- 12. Competitive Landscape
- 12.1. FPNV Positioning Matrix
- 12.2. Market Share Analysis, By Key Player
- 12.3. Competitive Scenario Analysis, By Key Player
- 13. Competitive Portfolio
- 13.1. Key Company Profiles
- 13.1.1. Ansaldo Energia S.p.A.
- 13.1.2. Aurelia Turbines Oy
- 13.1.3. Bladon Jets Group
- 13.1.4. Brayton Energy, LLC
- 13.1.5. Cal Microturbine
- 13.1.6. Capstone Green Energy Corporation
- 13.1.7. FlexEnergy Solutions. Inc.
- 13.1.8. ICR Turbine Engine Corporation
- 13.1.9. Micro Turbine Technology B.V.
- 13.1.10. Toyota Motor Corporation
- 13.2. Key Product Portfolio
- 14. Appendix
- 14.1. Discussion Guide
- 14.2. License & Pricing
- FIGURE 1. MICRO TURBINES MARKET RESEARCH PROCESS
- FIGURE 2. MICRO TURBINES MARKET SIZE, 2023 VS 2030
- FIGURE 3. MICRO TURBINES MARKET SIZE, 2018-2030 (USD MILLION)
- FIGURE 4. MICRO TURBINES MARKET SIZE, BY REGION, 2023 VS 2030 (%)
- FIGURE 5. MICRO TURBINES MARKET SIZE, BY REGION, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 6. MICRO TURBINES MARKET DYNAMICS
- FIGURE 7. MICRO TURBINES MARKET SIZE, BY RATING, 2023 VS 2030 (%)
- FIGURE 8. MICRO TURBINES MARKET SIZE, BY RATING, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 9. MICRO TURBINES MARKET SIZE, BY APPLICATION, 2023 VS 2030 (%)
- FIGURE 10. MICRO TURBINES MARKET SIZE, BY APPLICATION, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 11. MICRO TURBINES MARKET SIZE, BY END-USER, 2023 VS 2030 (%)
- FIGURE 12. MICRO TURBINES MARKET SIZE, BY END-USER, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 13. AMERICAS MICRO TURBINES MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
- FIGURE 14. AMERICAS MICRO TURBINES MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 15. UNITED STATES MICRO TURBINES MARKET SIZE, BY STATE, 2023 VS 2030 (%)
- FIGURE 16. UNITED STATES MICRO TURBINES MARKET SIZE, BY STATE, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 17. ASIA-PACIFIC MICRO TURBINES MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
- FIGURE 18. ASIA-PACIFIC MICRO TURBINES MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 19. EUROPE, MIDDLE EAST & AFRICA MICRO TURBINES MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
- FIGURE 20. EUROPE, MIDDLE EAST & AFRICA MICRO TURBINES MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 21. MICRO TURBINES MARKET, FPNV POSITIONING MATRIX, 2023
- FIGURE 22. MICRO TURBINES MARKET SHARE, BY KEY PLAYER, 2023
Pricing
Currency Rates
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