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%. Some of the key factors propelling the market growth are rising focus on the generation of clean energy and 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 Users Covered:
• Residential
• Industrial
• Commercial
• Other End Users
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o 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
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o 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
Table of Contents
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
1 Global Micro Turbines Market Outlook, By Region (2017-2027) ($MN)
2 Global Micro Turbines Market Outlook, By Power Rating (2017-2027) ($MN)
3 Global Micro Turbines Market Outlook, By 12–50 kW (2017-2027) ($MN)
4 Global Micro Turbines Market Outlook, By 50–250 kW (2017-2027) ($MN)
5 Global Micro Turbines Market Outlook, By 250–500 kW (2017-2027) ($MN)
6 Global Micro Turbines Market Outlook, By Application (2017-2027) ($MN)
7 Global Micro Turbines Market Outlook, By Standby Power (2017-2027) ($MN)
8 Global Micro Turbines Market Outlook, By Combined Heat & Power (2017-2027) ($MN)
9 Global Micro Turbines Market Outlook, By End-User (2017-2027) ($MN)
10 Global Micro Turbines Market Outlook, By Residential (2017-2027) ($MN)
11 Global Micro Turbines Market Outlook, By Industrial (2017-2027) ($MN)
12 Global Micro Turbines Market Outlook, By Commercial (2017-2027) ($MN)
13 Global Micro Turbines Market Outlook, By Other End Users (2017-2027) ($MN)
14 North America Micro Turbines Market Outlook, By Region (2017-2027) ($MN)
15 North America Micro Turbines Market Outlook, By Power Rating (2017-2027) ($MN)
16 North America Micro Turbines Market Outlook, By 12–50 kW (2017-2027) ($MN)
17 North America Micro Turbines Market Outlook, By 50–250 kW (2017-2027) ($MN)
18 North America Micro Turbines Market Outlook, By 250–500 kW (2017-2027) ($MN)
19 North America Micro Turbines Market Outlook, By Application (2017-2027) ($MN)
20 North America Micro Turbines Market Outlook, By Standby Power (2017-2027) ($MN)
21 North America Micro Turbines Market Outlook, By Combined Heat & Power (2017-2027) ($MN)
22 North America Micro Turbines Market Outlook, By End-User (2017-2027) ($MN)
23 North America Micro Turbines Market Outlook, By Residential (2017-2027) ($MN)
24 North America Micro Turbines Market Outlook, By Industrial (2017-2027) ($MN)
25 North America Micro Turbines Market Outlook, By Commercial (2017-2027) ($MN)
26 North America Micro Turbines Market Outlook, By Other End Users (2017-2027) ($MN)
27 Europe Micro Turbines Market Outlook, By Region (2017-2027) ($MN)
28 Europe Micro Turbines Market Outlook, By Power Rating (2017-2027) ($MN)
29 Europe Micro Turbines Market Outlook, By 12–50 kW (2017-2027) ($MN)
30 Europe Micro Turbines Market Outlook, By 50–250 kW (2017-2027) ($MN)
31 Europe Micro Turbines Market Outlook, By 250–500 kW (2017-2027) ($MN)
32 Europe Micro Turbines Market Outlook, By Application (2017-2027) ($MN)
33 Europe Micro Turbines Market Outlook, By Standby Power (2017-2027) ($MN)
34 Europe Micro Turbines Market Outlook, By Combined Heat & Power (2017-2027) ($MN)
35 Europe Micro Turbines Market Outlook, By End-User (2017-2027) ($MN)
36 Europe Micro Turbines Market Outlook, By Residential (2017-2027) ($MN)
37 Europe Micro Turbines Market Outlook, By Industrial (2017-2027) ($MN)
38 Europe Micro Turbines Market Outlook, By Commercial (2017-2027) ($MN)
39 Europe Micro Turbines Market Outlook, By Other End Users (2017-2027) ($MN)
40 Asia Pacific Micro Turbines Market Outlook, By Region (2017-2027) ($MN)
41 Asia Pacific Micro Turbines Market Outlook, By Power Rating (2017-2027) ($MN)
42 Asia Pacific Micro Turbines Market Outlook, By 12–50 kW (2017-2027) ($MN)
43 Asia Pacific Micro Turbines Market Outlook, By 50–250 kW (2017-2027) ($MN)
44 Asia Pacific Micro Turbines Market Outlook, By 250–500 kW (2017-2027) ($MN)
45 Asia Pacific Micro Turbines Market Outlook, By Application (2017-2027) ($MN)
46 Asia Pacific Micro Turbines Market Outlook, By Standby Power (2017-2027) ($MN)
47 Asia Pacific Micro Turbines Market Outlook, By Combined Heat & Power (2017-2027) ($MN)
48 Asia Pacific Micro Turbines Market Outlook, By End-User (2017-2027) ($MN)
49 Asia Pacific Micro Turbines Market Outlook, By Residential (2017-2027) ($MN)
50 Asia Pacific Micro Turbines Market Outlook, By Industrial (2017-2027) ($MN)
51 Asia Pacific Micro Turbines Market Outlook, By Commercial (2017-2027) ($MN)
52 Asia Pacific Micro Turbines Market Outlook, By Other End Users (2017-2027) ($MN)
53 South America Micro Turbines Market Outlook, By Region (2017-2027) ($MN)
54 South America Micro Turbines Market Outlook, By Power Rating (2017-2027) ($MN)
55 South America Micro Turbines Market Outlook, By 12–50 kW (2017-2027) ($MN)
56 South America Micro Turbines Market Outlook, By 50–250 kW (2017-2027) ($MN)
57 South America Micro Turbines Market Outlook, By 250–500 kW (2017-2027) ($MN)
58 South America Micro Turbines Market Outlook, By Application (2017-2027) ($MN)
59 South America Micro Turbines Market Outlook, By Standby Power (2017-2027) ($MN)
60 South America Micro Turbines Market Outlook, By Combined Heat & Power (2017-2027) ($MN)
61 South America Micro Turbines Market Outlook, By End-User (2017-2027) ($MN)
62 South America Micro Turbines Market Outlook, By Residential (2017-2027) ($MN)
63 South America Micro Turbines Market Outlook, By Industrial (2017-2027) ($MN)
64 South America Micro Turbines Market Outlook, By Commercial (2017-2027) ($MN)
65 South America Micro Turbines Market Outlook, By Other End Users (2017-2027) ($MN)
66 Middle East & Africa Micro Turbines Market Outlook, By Region (2017-2027) ($MN)
67 Middle East & Africa Micro Turbines Market Outlook, By Power Rating (2017-2027) ($MN)
68 Middle East & Africa Micro Turbines Market Outlook, By 12–50 kW (2017-2027) ($MN)
69 Middle East & Africa Micro Turbines Market Outlook, By 50–250 kW (2017-2027) ($MN)
70 Middle East & Africa Micro Turbines Market Outlook, By 250–500 kW (2017-2027) ($MN)
71 Middle East & Africa Micro Turbines Market Outlook, By Application (2017-2027) ($MN)
72 Middle East & Africa Micro Turbines Market Outlook, By Standby Power (2017-2027) ($MN)
73 Middle East & Africa Micro Turbines Market Outlook, By Combined Heat & Power (2017-2027) ($MN)
74 Middle East & Africa Micro Turbines Market Outlook, By End-User (2017-2027) ($MN)
75 Middle East & Africa Micro Turbines Market Outlook, By Residential (2017-2027) ($MN)
76 Middle East & Africa Micro Turbines Market Outlook, By Industrial (2017-2027) ($MN)
77 Middle East & Africa Micro Turbines Market Outlook, By Commercial (2017-2027) ($MN)
78 Middle East & Africa Micro Turbines Market Outlook, By Other End Users (2017-2027) ($MN)
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