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Micro Turbine Market by Power Rating (12 kW-50 kW, 50 kW-250 kW, & 250 kW-500 kW), by Application (Combined Heat Power & Standby Power), by End-User (Industrial, Commercial, & Residential), & by Region - Global Forecast and Trends to 2021

Micro Turbine Market by Power Rating (12 kW-50 kW, 50 kW-250 kW, & 250 kW-500 kW), by Application (Combined Heat Power & Standby Power), by End-User (Industrial, Commercial, & Residential), & by Region - Global Forecast and Trends to 2021

“Micro Turbine market is projected to reach USD 249.9 million by 2021.”
The micro turbine market is expected to reach a value of USD 249.9 million by 2021, at a CAGR of 11.5% from 2016 to 2021. Increasing demand for electric power worldwide, subsequent investments in creating new generating capacity, and growing adoption of Combined Heat & Power (CHP) is driving the market for micro turbines across the world.

“The industrial segment would dominate the global micro turbine market”
Industrial segment accounted for more than half of the micro turbine market. This can be attributed to the increased operations in construction & manufacturing, mining industries, oil & gas, automotive, & pharmaceuticals industries, and the demand for micro turbines that powers them. The oil & gas sector is a vital industry for micro turbine applications as various commodity prices depend on the price of oil. Micro turbines also find suitability in the renewable energy industry, particularly in wastewater treatment plants where the environment-unfriendly gas—methane—is used to generate electricity and heat, thereby resulting in the production of clean energy.

“North American region: The largest market for micro turbines”
The North American region is currently the largest market for micro turbines followed by Europe and Asia-pacific. The U.S. accounted for a majority share in the North American region in 2015, whereas Canada is projected to grow at the highest CAGR from 2016 to 2021. Aging power plants and frequent natural calamities have created enormous growth opportunities for the micro turbine market in this region. The Shale gas boom in North America and decommissioning of nuclear plants in Europe are boosting the demand for micro turbines in those regions.

Breakdown of Primaries:
In-depth interviews have been conducted with various key industry participants, subject-matter experts, C-level executives of key market players, and industry consultants among other experts to obtain & verify critical qualitative and quantitate information as well as assess future market prospects. Distribution of primary interviews is as follows:
By Company Type: Tier 1—15%, Tier 2—35%, and Tier 3—50%
By Designation: C-Level—23%, Director Level—27%, and Others*—50%
By Region: North America—25%, Europe—15%, Asia-Pacific—43%, and Rest of the World—17%

Note: *Others include sales managers, marketing managers, product managers, and engineers. The tier of companies has been defined on the basis of their segmental revenues, as of 2015: Tier 1 = > USD 100 million, Tier 2 = From USD 50 million to USD 100 million, and Tier 3 = < USD 50 million.

Leading players of this industry have been profiled with their recent developments and other strategic activities. These include Capstone Turbine Corporation (U.S.), FlexEnergy, Inc. (U.S.), Ansaldo Energia S.p.A (Italy), and Brayton Energy LLC. (U.S.), among others.
Why buy this report?
1. The report identifies and addresses key markets for micro turbine which is useful for suppliers and OEMs to review production and distribution plans
2. The report includes analysis for key countries by technological application of micro turbines, i.e., CHP and standby power applications. It analyses historical trends and also forecast for 2021 assisting in strategic decision making
3. It also presents competition by analyzing recent market developments such as key contracts, expansions, and new product launches from the key global market players. It helps understand the competition strategies and plan respective initiatives


  • INTRODUCTION
    • OBJECTIVES OF THE STUDY
    • MARKET DEFINITION
    • STUDY SCOPE
      • MARKETS COVERED
      • YEARS CONSIDERED FOR THE STUDY
    • CURRENCY
    • LIMITATIONS
    • STAKEHOLDERS
  • RESEARCH METHODOLOGY
    • RESEARCH DATA
      • SECONDARY DATA
      • PRIMARY DATA
    • MARKET SIZE ESTIMATION
      • BOTTOM-UP APPROACH
      • TOP-DOWN APPROACH
    • MARKET BREAKDOWN & DATA TRIANGULATION
    • RESEARCH ASSUMPTIONS & LIMITATIONS
      • ASSUMPTIONS
      • LIMITATIONS
  • EXECUTIVE SUMMARY
    • INTRODUCTION
      • HISTORICAL BACKDROP
    • CURRENT SCENARIO
    • FUTURE OUTLOOK
    • CONCLUSION
  • PREMIUM INSIGHTS
    • ATTRACTIVE MARKET OPPORTUNITIES
    • INDUSTRIAL END-USERS ARE EXPECTED TO DOMINATE THE MICRO TURBINE MARKET DURING THE FORECAST PERIOD
    • NORTH AMERICA HELD THE LARGEST MARKET SHARE IN THE MICRO TURBINE MARKET IN 2016
    • NORTH AMERICA: THE LARGEST MICRO TURBINE MARKET IN 2015
    • MICRO TURBINE MARKET: BY END-USER
    • COMBINED HEAT & POWER MICRO TURBINE MARKET IS EXPECTED TO GROW AT THE FASTEST PACE FROM 2016 TO 2021
  • MARKET OVERVIEW
    • INTRODUCTION
    • MARKET SEGMENTATION
      • BY APPLICATION
      • BY POWER RATING
      • BY END-USER
    • MARKET DYNAMICS
      • DRIVERS
      • RESTRAINTS
      • OPPORTUNITIES
      • CHALLENGES
    • IMPACT OF MARKET DYNAMICS
    • SUPPLY CHAIN ANALYSIS
    • PORTER'S FIVE FORCES ANALYSIS
      • THREAT OF NEW ENTRANTS
      • THREAT OF SUBSTITUTES
      • BARGAINING POWER OF BUYERS
      • BARGAINING POWER OF SUPPLIERS
      • INTENSITY OF COMPETITIVE RIVALRY
  • MICRO TURBINES MARKET, BY POWER RATING
    • INTRODUCTION
      • Table MICRO TURBINE MARKET SIZE, BY POWER RATING, 2014-2021 (USD MILLION)
    • 12 KW-50 KW
      • Table 12 KW-50 KW: MICRO TURBINE MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
    • 50 KW-250 KW
      • Table 50 KW-250 KW: MICRO TURBINE MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
    • 250 KW-500 KW
      • Table 250 KW-500 KW: MICRO TURBINE MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
  • MICRO TURBINE MARKET, BY APPLICATION
    • INTRODUCTION
      • Table MICRO TURBINE MARKET SIZE, BY APPLICATION, 2014-2021 (USD MILLION)
    • COMBINED HEAT & POWER
      • Table COMBINED HEAT & POWER: MICRO TURBINE MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
    • STANDBY POWER
      • Table STANDBY POWER: MICRO TURBINE MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
  • MICRO TURBINE MARKET, BY END-USER
    • INTRODUCTION
      • Table MICRO TURBINE MARKET SIZE, BY END-USER, 2014-2021 (USD MILLION)
    • INDUSTRIAL
      • Table INDUSTRIAL: MICRO TURBINES MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
    • COMMERCIAL
      • Table COMMERCIAL: MICRO TURBINE MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
    • RESIDENTIAL
      • Table RESIDENTIAL: MICRO TURBINE MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
  • MICRO TURBINE MARKET, BY REGION
    • INTRODUCTION
      • Table MICRO TURBINE MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
    • NORTH AMERICA
      • Table NORTH AMERICA: MICRO TURBINE MARKET SIZE, BY COUNTRY, 2014-2021 (USD MILLION)
      • Table NORTH AMERICA: MICRO TURBINE MARKET SIZE, BY APPLICATION, 2014-2021 (USD MILLION)
      • Table NORTH AMERICA: COMBINED HEAT & POWER MICRO TURBINE MARKET SIZE, BY COUNTRY, 2014-2021 (USD MILLION)
      • Table NORTH AMERICA: STANDBY POWER MICRO TURBINE MARKET SIZE, BY COUNTRY, 2014-2021 (USD MILLION)
      • Table NORTH AMERICA: MICRO TURBINE MARKET SIZE, BY END-USER, 2014-2021 (USD MILLION)
      • Table NORTH AMERICA: MICRO TURBINE MARKET SIZE, BY POWER RATING, 2014-2021 (USD MILLION)
      • Table U.S.: MICRO TURBINE MARKET SIZE, BY APPLICATION, 2014-2021 (USD MILLION)
      • Table U.S.: MICRO TURBINE MARKET SIZE, BY END-USER, 2014-2021 (USD MILLION)
      • Table CANADA: MICRO TURBINE MARKET SIZE, BY APPLICATION, 2014-2021 (USD MILLION)
      • Table CANADA: MICRO TURBINE MARKET SIZE, BY END-USER, 2014-2021 (USD MILLION)
    • AN OVERVIEW OF THE MICRO TURBINE MARKET IN EUROPE
      • Table EUROPE: MICRO TURBINE MARKET SIZE, BY COUNTRY, 2014-2021 (USD MILLION)
      • Table EUROPE: MICRO TURBINE MARKET SIZE, BY APPLICATION, 2014-2021 (USD MILLION)
      • Table EUROPE: COMBINED HEAT & POWER MICRO TURBINE MARKET SIZE, BY COUNTRY, 2014-2021 (USD MILLION)
      • Table EUROPE: STANDBY POWER MICRO TURBINE MARKET SIZE, BY COUNTRY, 2014-2021 (USD MILLION)
      • Table EUROPE: MICRO TURBINE MARKET SIZE, BY END-USER, 2014-2021 (USD MILLION)
      • Table EUROPE: MICRO TURBINE MARKET SIZE, BY POWER RATING, 2014-2021 (USD MILLION)
      • Table RUSSIA: MICRO TURBINE MARKET SIZE, BY APPLICATION, 2014-2021 (USD MILLION)
      • Table RUSSIA: MICRO TURBINE MARKET SIZE, BY END-USER, 2014-2021 (USD MILLION)
      • Table GERMANY: MICRO TURBINE MARKET SIZE, BY APPLICATION, 2014-2021 (USD MILLION)
      • Table GERMANY: MICRO TURBINE MARKET SIZE, BY END-USER, 2014-2021 (USD MILLION)
      • Table U.K.: MICRO TURBINE MARKET SIZE, BY APPLICATION, 2014-2021 (USD MILLION)
      • Table U.K.: MICRO TURBINE MARKET SIZE, BY END-USER, 2014-2021 (USD MILLION)
      • Table REST OF EUROPE: MICRO TURBINE MARKET SIZE, BY APPLICATION, 2014-2021 (USD MILLION)
      • Table REST OF EUROPE: MICRO TURBINE MARKET SIZE, BY END-USER, 2014-2021 (USD MILLION)
    • ASIA-PACIFIC
      • Table ASIA-PACIFIC: MICRO TURBINE MARKET SIZE, BY COUNTRY, 2014-2021 (USD MILLION)
      • Table ASIA-PACIFIC: MICRO TURBINE MARKET SIZE, BY APPLICATION, 2014-2021 (USD MILLION)
      • Table ASIA-PACIFIC: COMBINED HEAT & POWER MICRO TURBINE MARKET SIZE, BY COUNTRY, 2014-2021 (USD MILLION)
      • Table ASIA-PACIFIC: STANDBY POWER MICRO TURBINE MARKET SIZE, BY COUNTRY, 2014-2021 (USD MILLION)
      • Table ASIA-PACIFIC: MICRO TURBINE MARKET SIZE, BY END-USER, 2014-2021 (USD MILLION)
      • Table ASIA-PACIFIC: MICRO TURBINE MARKET SIZE, BY POWER RATING, 2014-2021 (USD MILLION)
      • Table AUSTRALIA: MICRO TURBINE MARKET SIZE, BY APPLICATION, 2014-2021 (USD MILLION)
      • Table AUSTRALIA: MICRO TURBINE MARKET SIZE, BY END-USER, 2014-2021 (USD MILLION)
      • Table CHINA: MICRO TURBINE MARKET SIZE, BY APPLICATION, 2014-2021 (USD MILLION)
      • Table CHINA: MICRO TURBINE MARKET SIZE, BY END-USER, 2014-2021 (USD MILLION)
      • Table MALAYSIA: MICRO TURBINE MARKET SIZE, BY APPLICATION, 2014-2021 (USD MILLION)
      • Table MALAYSIA: MICRO TURBINE MARKET SIZE, BY END-USER, 2014-2021 (USD MILLION)
      • Table REST OF ASIA-PACIFIC: MICRO TURBINE MARKET SIZE, BY APPLICATION, 2014-2021 (USD MILLION)
      • Table REST OF ASIA-PACIFIC: MICRO TURBINE MARKET SIZE, BY END-USER, 2014-2021 (USD MILLION)
    • REST OF THE WORLD
      • Table REST OF THE WORLD: MICRO TURBINE MARKET SIZE, BY COUNTRY, 2014-2021 (USD MILLION)
      • Table REST OF THE WORLD: MICRO TURBINE MARKET SIZE, BY APPLICATION, 2014-2021 (USD MILLION)
      • Table REST OF THE WORLD: COMBINED HEAT & POWER MICRO TURBINE MARKET SIZE, BY COUNTRY 2014-2021 (USD MILLION)
      • Table REST OF THE WORLD: STANDBY POWER MICRO TURBINE MARKET SIZE, BY COUNTRY, 2014-2021 (USD MILLION)
      • Table REST OF THE WORLD: MICRO TURBINE MARKET SIZE, BY END-USER, 2014-2021 (USD MILLION)
      • Table REST OF THE WORLD: MICRO TURBINE MARKET SIZE, BY POWER RATING, 2014-2021 (USD MILLION)
      • Table MEXICO: MICRO TURBINE MARKET SIZE, BY APPLICATION, 2014-2021 (USD MILLION)
      • Table MEXICO: MICRO TURBINE MARKET SIZE, BY END-USER, 2014-2021 (USD MILLION)
      • Table BRAZIL: MICRO TURBINE MARKET SIZE, BY APPLICATION, 2014-2021 (USD MILLION)
      • Table BRAZIL: MICRO TURBINE MARKET SIZE, BY END-USER, 2014-2021 (USD MILLION)
      • Table COLOMBIA: MICRO TURBINE MARKET SIZE, BY APPLICATION, 2014-2021 (USD MILLION)
      • Table COLOMBIA: MICRO TURBINE MARKET SIZE, BY END-USER, 2014-2021 (USD MILLION)
      • Table OTHERS: MICRO TURBINE MARKET SIZE, BY APPLICATION, 2014-2021 (USD MILLION)
      • Table OTHERS: MICRO TURBINE MARKET SIZE, BY END-USER, 2014-2021 (USD MILLION)
  • COMPETITIVE LANDSCAPE
    • OVERVIEW
    • COMPETITIVE SITUATION & TRENDS
    • CONTRACTS & AGREEMENTS
      • Table CONTRACTS & AGREEMENTS, 2016
    • NEW PRODUCT/TECHNOLOGY DEVELOPMENTS
      • Table NEW PRODUCT DEVELOPMENTS, 2013-2015
    • MERGERS & ACQUISITIONS
      • Table MERGERS & ACQUISITIONS, 2016
    • EXPANSIONS
      • Table EXPANSIONS, 2014-2016
    • JOINT VENTURES & PARTNERSHIPS
      • Table JOINT VENTURES & PARTNERSHIPS, 2015
    • OTHER DEVELOPMENTS
      • Table OTHER DEVELOPMENTS, 2014
  • COMPANY PROFILES
    • INTRODUCTION
    • CAPSTONE TURBINE CORPORATION
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • DEVELOPMENTS, 2016
      • SWOT ANALYSIS
      • MNM VIEW
    • FLEXENERGY, INC.
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • DEVELOPMENTS, 2015
      • SWOT ANALYSIS
      • MNM VIEW
    • ANSALDO ENERGIA S.P.A.
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • DEVELOPMENTS, 2016
      • SWOT ANALYSIS
      • MNM VIEW
    • BRAYTON ENERGY, LLC.
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • DEVELOPMENTS, 2015
    • ENEFTECH INNOVATION SA
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
    • MICRO TURBINE TECHNOLOGY BV
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • DEVELOPMENTS, 2013-2014
    • WILSON SOLARPOWER CORPORATION
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • DEVELOPMENTS, 2015
    • ICR TURBINE ENGINE CORPORATION
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
    • CALNETIX TECHNOLOGIES LLC.
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • DEVELOPMENTS, 2014
    • TOYOTA MOTOR CORPORATION
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
    • BLADON JETS
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
  • APPENDIX
    • INSIGHTS OF INDUSTRY EXPERTS
    • DISCUSSION GUIDE
    • KNOWLEDGE STORE: MARKETSANDMARKETS' SUBSCRIPTION PORTAL
    • RECENT DEVELOPMENTS: CAPSTONE TURBINE CORPORATION, 2013-2016
    • DEVELOPMENTS: FLEXENERGY, INC., 2012-2015
    • INTRODUCING RT: REAL-TIME MARKET INTELLIGENCE
    • AVAILABLE CUSTOMIZATIONS
    • RELATED REPORTS

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