Micro Turbines - Global Market Outlook (2018-2027)
According to Stratistics MRC, the Global Micro Turbines Market is accounted for $178.20 million in 2018 and is expected to reach $436.26 million by 2027 growing at a CAGR of 10.5%. Rising focus on the generation of clean energy, increasing demand for energy. However, low electrical efficiency is likely to hamper the profit boundaries.
Micro turbines offer the wide range of benefits which includes compact size, ability to run on multiple fuels, less moving parts and higher efficiency resulting in lower electricity costs which are anticipated to increase its demand among the end use industries.
Based on the application, the combined heat & power is the fastest growing market for micro turbines. However, the demand for standby power is also increasing rapidly. By geography, North America is expected to dominate the market of micro turbines during the forecast period due to the continued increase in energy consumption mainly from the oil & gas sector, which contributed to the highest demand for micro turbines. Another factor contributing to the market growth is the prevalence of distributed power generation in the region. Furthermore, a large number of coal power plants are scheduled to be shut down in the US, leading to an increase in the demand for alternative sources of energy generation.
Some of the key players in the Micro Turbines Market include 247solar, Ansaldo Energia, Aurelia, Bladon Jets, Bowman, Brayton Energy, Capstone Turbine, Eneftech Innovation, Flexenergy, Icrtec, MTT, Toyota Turbine and Systems and Turbotech
Power Ratings Covered:
• 12–50 kW
• 50–250 kW
• 250–500 kW
Applications Covered:
• Standby Power
• Combined Heat & Power
End User Covered:
• Residential
• Industrial
• Commercial
• Other End Users
Regions Covered:
• North America
US
Canada
Mexico
• Europe
Germany
UK
Italy
France
Spain
Rest of Europe
• Asia Pacific
Japan
China
India
Australia
New Zealand
South Korea
Rest of Asia Pacific
• South America
Argentina
Brazil
Chile
Rest of South America
• Middle East & Africa
Saudi Arabia
UAE
Qatar
South Africa
Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2017, 2018, 2019, 2023 and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter’s five forces analysis, SWOT analysis etc.
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
Comprehensive profiling of additional market players (up to 3)
SWOT Analysis of key players (up to 3)
• Regional Segmentation
Market estimations, Forecasts and CAGR of any prominent country as per the clients interest (Note: Depends of feasibility check)
• Competitive Benchmarking
Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
- 1 Executive Summary
- 2 Preface
- 2.1 Abstract
- 2.2 Stake Holders
- 2.3 Research Scope
- 2.4 Research Methodology
- 2.4.1 Data Mining
- 2.4.2 Data Analysis
- 2.4.3 Data Validation
- 2.4.4 Research Approach
- 2.5 Research Sources
- 2.5.1 Primary Research Sources
- 2.5.2 Secondary Research Sources
- 2.5.3 Assumptions
- 3 Market Trend Analysis
- 3.1 Introduction
- 3.2 Drivers
- 3.3 Restraints
- 3.4 Opportunities
- 3.5 Threats
- 3.6 Application Analysis
- 3.7 End User Analysis
- 3.8 Emerging Markets
- 3.9 Futuristic Market Scenario
- 4 Porters Five Force Analysis
- 4.1 Bargaining power of suppliers
- 4.2 Bargaining power of buyers
- 4.3 Threat of substitutes
- 4.4 Threat of new entrants
- 4.5 Competitive rivalry
- 5 Global Micro Turbines Market, By Power Rating
- 5.1 Introduction
- 5.2 12–50 kW
- 5.3 50–250 kW
- 5.4 250–500 kW
- 6 Global Micro Turbines Market, By Application
- 6.1 Introduction
- 6.2 Standby Power
- 6.3 Combined Heat & Power
- 7 Global Micro Turbines Market, By End User
- 7.1 Introduction
- 7.2 Residential
- 7.3 Industrial
- 7.4 Commercial
- 7.5 Other End Users
- 8 Global Micro Turbines Market, By Geography
- 8.1 Introduction
- 8.2 North America
- 8.2.1 US
- 8.2.2 Canada
- 8.2.3 Mexico
- 8.3 Europe
- 8.3.1 Germany
- 8.3.2 UK
- 8.3.3 Italy
- 8.3.4 France
- 8.3.5 Spain
- 8.3.6 Rest of Europe
- 8.4 Asia Pacific
- 8.4.1 Japan
- 8.4.2 China
- 8.4.3 India
- 8.4.4 Australia
- 8.4.5 New Zealand
- 8.4.6 South Korea
- 8.4.7 Rest of Asia Pacific
- 8.5 South America
- 8.5.1 Argentina
- 8.5.2 Brazil
- 8.5.3 Chile
- 8.5.4 Rest of South America
- 8.6 Middle East & Africa
- 8.6.1 Saudi Arabia
- 8.6.2 UAE
- 8.6.3 Qatar
- 8.6.4 South Africa
- 8.6.5 Rest of Middle East & Africa
- 9 Key Developments
- 9.1 Agreements, Partnerships, Collaborations and Joint Ventures
- 9.2 Acquisitions & Mergers
- 9.3 New Product Launch
- 9.4 Expansions
- 9.5 Other Key Strategies
- 10 Company Profiling
- 10.1 247solar
- 10.2 Ansaldo Energia
- 10.3 Aurelia
- 10.4 Bladon Jets
- 10.5 Bowman
- 10.6 Brayton Energy
- 10.7 Capstone Turbine
- 10.8 Eneftech Innovation
- 10.9 Flexenergy
- 10.10 Icrtec
- 10.11 MTT
- 10.12 Toyota Turbine and Systems
- 10.13 Turbotech
- List of Tables
- Table 1 Global Micro Turbines Market Outlook, By Region (2017-2027) ($MN)
- Table 2 Global Micro Turbines Market Outlook, By Power Rating (2017-2027) ($MN)
- Table 3 Global Micro Turbines Market Outlook, By 12–50 kW (2017-2027) ($MN)
- Table 4 Global Micro Turbines Market Outlook, By 50–250 kW (2017-2027) ($MN)
- Table 5 Global Micro Turbines Market Outlook, By 250–500 kW (2017-2027) ($MN)
- Table 6 Global Micro Turbines Market Outlook, By Application (2017-2027) ($MN)
- Table 7 Global Micro Turbines Market Outlook, By Standby Power (2017-2027) ($MN)
- Table 8 Global Micro Turbines Market Outlook, By Combined Heat & Power (2017-2027) ($MN)
- Table 9 Global Micro Turbines Market Outlook, By End-User (2017-2027) ($MN)
- Table 10 Global Micro Turbines Market Outlook, By Residential (2017-2027) ($MN)
- Table 11 Global Micro Turbines Market Outlook, By Industrial (2017-2027) ($MN)
- Table 12 Global Micro Turbines Market Outlook, By Commercial (2017-2027) ($MN)
- Table 13 Global Micro Turbines Market Outlook, By Other End Users (2017-2027) ($MN)
- Table 14 North America Micro Turbines Market Outlook, By Region (2017-2027) ($MN)
- Table 15 North America Micro Turbines Market Outlook, By Power Rating (2017-2027) ($MN)
- Table 16 North America Micro Turbines Market Outlook, By 12–50 kW (2017-2027) ($MN)
- Table 17 North America Micro Turbines Market Outlook, By 50–250 kW (2017-2027) ($MN)
- Table 18 North America Micro Turbines Market Outlook, By 250–500 kW (2017-2027) ($MN)
- Table 19 North America Micro Turbines Market Outlook, By Application (2017-2027) ($MN)
- Table 20 North America Micro Turbines Market Outlook, By Standby Power (2017-2027) ($MN)
- Table 21 North America Micro Turbines Market Outlook, By Combined Heat & Power (2017-2027) ($MN)
- Table 22 North America Micro Turbines Market Outlook, By End-User (2017-2027) ($MN)
- Table 23 North America Micro Turbines Market Outlook, By Residential (2017-2027) ($MN)
- Table 24 North America Micro Turbines Market Outlook, By Industrial (2017-2027) ($MN)
- Table 25 North America Micro Turbines Market Outlook, By Commercial (2017-2027) ($MN)
- Table 26 North America Micro Turbines Market Outlook, By Other End Users (2017-2027) ($MN)
- Table 27 Europe Micro Turbines Market Outlook, By Region (2017-2027) ($MN)
- Table 28 Europe Micro Turbines Market Outlook, By Power Rating (2017-2027) ($MN)
- Table 29 Europe Micro Turbines Market Outlook, By 12–50 kW (2017-2027) ($MN)
- Table 30 Europe Micro Turbines Market Outlook, By 50–250 kW (2017-2027) ($MN)
- Table 31 Europe Micro Turbines Market Outlook, By 250–500 kW (2017-2027) ($MN)
- Table 32 Europe Micro Turbines Market Outlook, By Application (2017-2027) ($MN)
- Table 33 Europe Micro Turbines Market Outlook, By Standby Power (2017-2027) ($MN)
- Table 34 Europe Micro Turbines Market Outlook, By Combined Heat & Power (2017-2027) ($MN)
- Table 35 Europe Micro Turbines Market Outlook, By End-User (2017-2027) ($MN)
- Table 36 Europe Micro Turbines Market Outlook, By Residential (2017-2027) ($MN)
- Table 37 Europe Micro Turbines Market Outlook, By Industrial (2017-2027) ($MN)
- Table 38 Europe Micro Turbines Market Outlook, By Commercial (2017-2027) ($MN)
- Table 39 Europe Micro Turbines Market Outlook, By Other End Users (2017-2027) ($MN)
- Table 40 Asia Pacific Micro Turbines Market Outlook, By Region (2017-2027) ($MN)
- Table 41 Asia Pacific Micro Turbines Market Outlook, By Power Rating (2017-2027) ($MN)
- Table 42 Asia Pacific Micro Turbines Market Outlook, By 12–50 kW (2017-2027) ($MN)
- Table 43 Asia Pacific Micro Turbines Market Outlook, By 50–250 kW (2017-2027) ($MN)
- Table 44 Asia Pacific Micro Turbines Market Outlook, By 250–500 kW (2017-2027) ($MN)
- Table 45 Asia Pacific Micro Turbines Market Outlook, By Application (2017-2027) ($MN)
- Table 46 Asia Pacific Micro Turbines Market Outlook, By Standby Power (2017-2027) ($MN)
- Table 47 Asia Pacific Micro Turbines Market Outlook, By Combined Heat & Power (2017-2027) ($MN)
- Table 48 Asia Pacific Micro Turbines Market Outlook, By End-User (2017-2027) ($MN)
- Table 49 Asia Pacific Micro Turbines Market Outlook, By Residential (2017-2027) ($MN)
- Table 50 Asia Pacific Micro Turbines Market Outlook, By Industrial (2017-2027) ($MN)
- Table 51 Asia Pacific Micro Turbines Market Outlook, By Commercial (2017-2027) ($MN)
- Table 52 Asia Pacific Micro Turbines Market Outlook, By Other End Users (2017-2027) ($MN)
- Table 53 South America Micro Turbines Market Outlook, By Region (2017-2027) ($MN)
- Table 54 South America Micro Turbines Market Outlook, By Power Rating (2017-2027) ($MN)
- Table 55 South America Micro Turbines Market Outlook, By 12–50 kW (2017-2027) ($MN)
- Table 56 South America Micro Turbines Market Outlook, By 50–250 kW (2017-2027) ($MN)
- Table 57 South America Micro Turbines Market Outlook, By 250–500 kW (2017-2027) ($MN)
- Table 58 South America Micro Turbines Market Outlook, By Application (2017-2027) ($MN)
- Table 59 South America Micro Turbines Market Outlook, By Standby Power (2017-2027) ($MN)
- Table 60 South America Micro Turbines Market Outlook, By Combined Heat & Power (2017-2027) ($MN)
- Table 61 South America Micro Turbines Market Outlook, By End-User (2017-2027) ($MN)
- Table 62 South America Micro Turbines Market Outlook, By Residential (2017-2027) ($MN)
- Table 63 South America Micro Turbines Market Outlook, By Industrial (2017-2027) ($MN)
- Table 64 South America Micro Turbines Market Outlook, By Commercial (2017-2027) ($MN)
- Table 65 South America Micro Turbines Market Outlook, By Other End Users (2017-2027) ($MN)
- Table 66 Middle East & Africa Micro Turbines Market Outlook, By Region (2017-2027) ($MN)
- Table 67 Middle East & Africa Micro Turbines Market Outlook, By Power Rating (2017-2027) ($MN)
- Table 68 Middle East & Africa Micro Turbines Market Outlook, By 12–50 kW (2017-2027) ($MN)
- Table 69 Middle East & Africa Micro Turbines Market Outlook, By 50–250 kW (2017-2027) ($MN)
- Table 70 Middle East & Africa Micro Turbines Market Outlook, By 250–500 kW (2017-2027) ($MN)
- Table 71 Middle East & Africa Micro Turbines Market Outlook, By Application (2017-2027) ($MN)
- Table 72 Middle East & Africa Micro Turbines Market Outlook, By Standby Power (2017-2027) ($MN)
- Table 73 Middle East & Africa Micro Turbines Market Outlook, By Combined Heat & Power (2017-2027) ($MN)
- Table 74 Middle East & Africa Micro Turbines Market Outlook, By End-User (2017-2027) ($MN)
- Table 75 Middle East & Africa Micro Turbines Market Outlook, By Residential (2017-2027) ($MN)
- Table 76 Middle East & Africa Micro Turbines Market Outlook, By Industrial (2017-2027) ($MN)
- Table 77 Middle East & Africa Micro Turbines Market Outlook, By Commercial (2017-2027) ($MN)
- Table 78 Middle East & Africa Micro Turbines Market Outlook, By Other End Users (2017-2027) ($MN)