The global Micro Turbine market is valued at 63 million US$ in 2017 and will reach 78 million US$ by the end of 2025, growing at a CAGR of 2.8% during 2018-2025.
City of Industry, CA -- (SBWIRE) -- 07/31/2018 -- This report studies the global Micro Turbine market status and forecast, categorizes the global Micro Turbine market size (value & volume) by key players, type, application, and region. This report focuses on the top players in North America, Europe, China, Japan, Southeast Asia India and Other regions (Middle East & Africa, Central & South America).
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.
In consumption market, Europe and USA are still the mainly consumption regions due to the advanced production technology and rapid development of economy. At present, in developed countries, the micro turbine industry is generally at a more advanced level. Some companies is developing micro turbine, they will enter this field in the future.
The global Micro Turbine market is valued at 63 million US$ in 2017 and will reach 78 million US$ by the end of 2025, growing at a CAGR of 2.8% during 2018-2025.
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The major players covered in this report
Capstone Turbine
Ansaldo Energia
FlexEnergy
IHI
...
Geographically, this report studies the key regions, focuses on product sales, value, market share and growth opportunity in these regions, covering
United States
Europe
China
Japan
Southeast Asia
India
On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into
12 kW-50 kW
50 kW-250 kW
250 kW-600 kW
Other
On the basis on the end users/applications, this report focuses on the status and outlook for major applications/end users, sales volume, market share and growth rate for each application, including
Oil, Gas & Other Natural Resources
Commercial Building
Landfill
Transportation
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