Micro Turbine Market Growth 2019-2024

Market-Research

Micro Turbine is a relatively new distributed generation technology being used for stationary energy generation applications. It is a type of combustion turbine that produces both heat and electricity on a relatively small scale.

Currently, some companies in the world can produce micro turbine product, mainly concentrating in USA. The main market players are Capstone Turbine, Ansaldo Energia, FlexEnergy, IHI, etc. Capstone Turbine is a global leader of this industry, with global sales market share of 71.07% in 2015. The global production of micro turbine decreased from 765 units in 2011 to 394 units in 2015, with an average growth rate of -47.88%. The one reason for the decreasing situation is the backward technology for produce micro turbine.

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According to this study, over the next five years the Micro Turbine market will register a 2.8% CAGR in terms of revenue, the global market size will reach US$ 74 million by 2024, from US$ 63 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Micro Turbine business, shared in Chapter 3.

This report presents a comprehensive overview, market shares, and growth opportunities of Micro Turbine market by product type, application, key manufacturers and key regions and countries.

This study considers the Micro Turbine value and volume generated from the sales of the following segments:

Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.

  • 12 kW-50 kW
  • 50 kW-250 kW
  • 250 kW-600 kW
  • Other

Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.

  • Oil, Gas & Other Natural Resources
  • Commercial Building
  • Landfill
  • Transportation

This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.

  • Americas
  • United States
  • Canada
  • Mexico
  • Brazil
  • APAC
  • China
  • Japan
  • Korea
  • Southeast Asia
  • India
  • Australia
  • Europe
  • Germany
  • France
  • UK
  • Italy
  • Russia
  • Spain
  • Middle East & Africa
  • Egypt
  • South Africa
  • Israel
  • Turkey
  • GCC Countries

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market.

The key manufacturers covered in this report: Breakdown data in in Chapter 3.

  • Capstone Turbine
  • Ansaldo Energia
  • FlexEnergy
  • IHI

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectives

  • To study and analyze the global Micro Turbine consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
  • To understand the structure of Micro Turbine market by identifying its various subsegments.
  • Focuses on the key global Micro Turbine manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
  • To analyze the Micro Turbine with respect to individual growth trends, future prospects, and their contribution to the total market.
  • To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).

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Table of content

2019–2024 Global Micro Turbine Consumption Market Report

1 Scope of the Report
1.1 Market Introduction
1.2 Research Objectives
1.3 Years Considered
1.4 Market Research Methodology
1.5 Economic Indicators
1.6 Currency Considered

2 Executive Summary
2.1 World Market Overview
2.1.1 Global Micro Turbine Consumption 2014–2024
2.1.2 Micro Turbine Consumption CAGR by Region
2.2 Micro Turbine Segment by Type
2.2.1 12 kW-50 kW
2.2.2 50 kW-250 kW
2.2.3 250 kW-600 kW
2.2.4 Other
2.3 Micro Turbine Consumption by Type
2.3.1 Global Micro Turbine Consumption Market Share by Type (2014–2019)
2.3.2 Global Micro Turbine Revenue and Market Share by Type (2014–2019)
2.3.3 Global Micro Turbine Sale Price by Type (2014–2019)
2.4 Micro Turbine Segment by Application
2.4.1 Oil, Gas & Other Natural Resources
2.4.2 Commercial Building
2.4.3 Landfill
2.4.4 Transportation
2.5 Micro Turbine Consumption by Application
2.5.1 Global Micro Turbine Consumption Market Share by Application (2014–2019)
2.5.2 Global Micro Turbine Value and Market Share by Application (2014–2019)
2.5.3 Global Micro Turbine Sale Price by Application (2014–2019)

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