Microturbines Market Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 - 2025

This report analyzes and forecasts the market for microturbines at the global and regional level. The market has been forecast based on revenue (US$ Mn) from 2017 to 2025, considering 2016 as the base year. The study includes drivers and restraints of the global microturbines market. It also covers impact of these drivers and restraints on demand for microturbines during the forecast period. The report also highlights opportunities in the microturbines market at the global and regional level.

The report includes detailed value chain analysis, which provides a comprehensive view of the global microturbines market. Porter’s Five Forces model for the microturbines market has also been included to help understand the competitive landscape in the market. The study encompasses market attractiveness analysis, wherein power rating, application, and end-user are benchmarked based on their market size, growth rate, and general attractiveness.

Microturbines Market- Segmentation

The study provides a decisive view of the global microturbines market by segmenting it in terms of power rating, application, and end-user. In terms of power rating, the microturbines market can be classified into 12-50 KW, 51-250 KW, and above 250 KW. Based on application, the microturbines market can be divided into CHP and standby power applications. In terms of end-user, the market can be segmented into residential, commercial and industrial. These segments have been analyzed based on present and future trends. Regional segmentation includes current and forecast demand for microturbines in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

The report provides the actual market size of microturbines for 2016 and estimated market size for 2017, with forecast for the next eight years. The global market for microturbines has been provided in terms of revenue. Market revenue has been defined in US$ Thousand. Market numbers have been estimated based on power rating, application, and end-user of microturbines. Market size has been provided in terms of global, regional, and country level market.

The report comprises profiles of major companies operating in the global microturbines market. Key players in the microturbines market are Capstone Turbine Corporation, Bowman, Ansaldo Energia, Flexenergy, Bladon Jets, Brayton Energy, ICR Turbine Engine Corporation (ICRTec), 247solar, TurboTech Precision Engineering Pvt. Ltd., Micro Turbines Technology BV, and Aurelia Turbines Oy. Market players have been profiled in terms of attributes such as company overview, financial overview, business strategies, and recent developments.

The global microturbines market has been segmented as follows:

Microturbines Market, by Power Rating
12–50 KW
51–250 KW
Above 250 KW

Microturbines Market, by Application
CHP (Combined Heat & Power)
Standby Power

Microturbines Market, by End-user
Residential
Commercial
Industrial

Microturbines Market: Regional Analysis
North America
U.S.
Canada
Europe
Germany
U.K.
France
Italy
Spain
Rest of Europe
Asia Pacific
China
India
Australia
Japan
ASEAN
Rest of Asia Pacific
Latin America
Brazil
Mexico
Rest of Latin America
Middle East & Africa (MEA)
GCC
South Africa
Rest of Middle East & Africa

Key Takeaways

The bove 250 KW power rating segment holds a dominant share due to its high demand from industrial and heavy commercial end-users
The increasing end-consumer awareness about CHP opportunities is also likely to boost to the microturbines market
Recovering oil & gas industry and rising demand for on-site power generation along with increasing CHP opportunities are expected to drive the microturbines market in the near future
The industrial end-user segment is anticipated to expand at a significant rate during the forecast period
CHP is the major application segment for microturbines
North America is anticipated to dominate the market during the forecast period
The market in Asia Pacific is expected to expand at the significant rate during the forecast period

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