Global Micro Turbine Market Analysis and Forecast 2024-2030

Global Micro Turbine Market Analysis and Forecast 2024-2030


Summary

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.
Because of their small size, relatively low capital costs, expected low operations and maintenance costs, and automatic electronic control, micro turbines are expected to capture a significant share of the distributed generation market. In addition, micro turbines offer an efficient and clean solution to direct mechanical drive markets such as compression and air-conditioning.

According to APO Research, The global Micro Turbine market is projected to grow from US$ million in 2024 to US$ million by 2030, at a Compound Annual Growth Rate (CAGR) of % during the forecast period.

The US & Canada market for Micro Turbine is estimated to increase from $ million in 2024 to reach $ million by 2030, at a CAGR of % during the forecast period of 2025 through 2030.

Asia-Pacific market for Micro Turbine is estimated to increase from $ million in 2024 to reach $ million by 2030, at a CAGR of % during the forecast period of 2025 through 2030.

The China market for Micro Turbine is estimated to increase from $ million in 2024 to reach $ million by 2030, at a CAGR of % during the forecast period of 2025 through 2030.

Europe market for Micro Turbine is estimated to increase from $ million in 2024 to reach $ million by 2030, at a CAGR of % during the forecast period of 2025 through 2030.

The major global manufacturers of Micro Turbine include Capstone Turbine, Ansaldo Energia, FlexEnergy and IHI, etc. In 2023, the world's top three vendors accounted for approximately % of the revenue.

In terms of production side, this report researches the Micro Turbine production, growth rate, market share by manufacturers and by region (region level and country level), from 2019 to 2024, and forecast to 2030.

In terms of consumption side, this report focuses on the sales of Micro Turbine by region (region level and country level), by Company, by Type and by Application. from 2019 to 2024 and forecast to 2030.

This report presents an overview of global market for Micro Turbine, capacity, output, revenue and price. Analyses of the global market trends, with historic market revenue or sales data for 2019 - 2023, estimates for 2024, and projections of CAGR through 2030.

This report researches the key producers of Micro Turbine, also provides the consumption of main regions and countries. Of the upcoming market potential for Micro Turbine, and key regions or countries of focus to forecast this market into various segments and sub-segments. Country specific data and market value analysis for the U.S., Canada, Mexico, Brazil, China, Japan, South Korea, Southeast Asia, India, Germany, the U.K., Italy, Middle East, Africa, and Other Countries.

This report focuses on the Micro Turbine sales, revenue, market share and industry ranking of main manufacturers, data from 2019 to 2024. Identification of the major stakeholders in the global Micro Turbine market, and analysis of their competitive landscape and market positioning based on recent developments and segmental revenues. This report will help stakeholders to understand the competitive landscape and gain more insights and position their businesses and market strategies in a better way.

This report analyzes the segments data by Type and by Application, sales, revenue, and price, from 2019 to 2030. Evaluation and forecast the market size for Micro Turbine sales, projected growth trends, production technology, application and end-user industry.

Micro Turbine segment by Company

Capstone Turbine
Ansaldo Energia
FlexEnergy
IHI
Micro Turbine segment by Type

12 kW-50 kW
50 kW-250 kW
250 kW-600 kW
Others
Micro Turbine segment by Application

Oil, Gas & Other Natural Resources
Commercial Building
Landfill
Transportation
Micro Turbine segment by Region

North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE

Study Objectives

1. To analyze and research the global status and future forecast, involving, production, value, consumption, growth rate (CAGR), market share, historical and forecast.
2. To present the key manufacturers, capacity, production, revenue, market share, and Recent Developments.
3. To split the breakdown data by regions, type, manufacturers, and Application.
4. To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints, and risks.
5. To identify significant trends, drivers, influence factors in global and regions.
6. To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.

Reasons to Buy This Report

1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Micro Turbine market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of Micro Turbine and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market.
5. This report helps stakeholders to gain insights into which regions to target globally.
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Micro Turbine.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.

Chapter Outline

Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by type and by application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Micro Turbine production/output of global and key producers (regions/countries). It provides a quantitative analysis of the production, and development potential of each producer in the next six years.
Chapter 4: Sales (consumption), revenue of Micro Turbine in global, regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 5: Detailed analysis of Micro Turbine manufacturers competitive landscape, price, sales, revenue, market share and industry ranking, latest development plan, merger, and acquisition information, etc.
Chapter 6: Provides the analysis of various market segments by type, covering the sales, revenue, average price, and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 7: Provides the analysis of various market segments by application, covering the sales, revenue, average price, and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 8: Provides profiles of key manufacturers, introducing the basic situation of the main companies in the market in detail, including product descriptions and specifications, Micro Turbine sales, revenue, price, gross margin, and recent development, etc.
Chapter 9: North America (US & Canada) by type, by application and by country, sales, and revenue for each segment.
Chapter 10: Europe by type, by application and by country, sales, and revenue for each segment.
Chapter 11: China by type, by application, sales, and revenue for each segment.
Chapter 12: Asia (Excluding China) by type, by application and by region, sales, and revenue for each segment.
Chapter 13: Middle East, Africa, Latin America by type, by application and by country, sales, and revenue for each segment.
Chapter 14: Analysis of industrial chain, sales channel, key raw materials, distributors and customers.
Chapter 15: The main concluding insights of the report.


1 Market Overview
1.1 Product Definition
1.2 Micro Turbine Market by Type
1.2.1 Global Micro Turbine Market Size by Type, 2019 VS 2023 VS 2030
1.2.2 12 kW-50 kW
1.2.3 50 kW-250 kW
1.2.4 250 kW-600 kW
1.2.5 Others
1.3 Micro Turbine Market by Application
1.3.1 Global Micro Turbine Market Size by Application, 2019 VS 2023 VS 2030
1.3.2 Oil, Gas & Other Natural Resources
1.3.3 Commercial Building
1.3.4 Landfill
1.3.5 Transportation
1.4 Assumptions and Limitations
1.5 Study Goals and Objectives
2 Micro Turbine Market Dynamics
2.1 Micro Turbine Industry Trends
2.2 Micro Turbine Industry Drivers
2.3 Micro Turbine Industry Opportunities and Challenges
2.4 Micro Turbine Industry Restraints
3 Global Micro Turbine Production Overview
3.1 Global Micro Turbine Production Capacity (2019-2030)
3.2 Global Micro Turbine Production by Region: 2019 VS 2023 VS 2030
3.3 Global Micro Turbine Production by Region
3.3.1 Global Micro Turbine Production by Region (2019-2024)
3.3.2 Global Micro Turbine Production by Region (2025-2030)
3.3.3 Global Micro Turbine Production Market Share by Region (2019-2030)
3.4 North America
3.5 Europe
3.6 China
3.7 Japan
4 Global Market Growth Prospects
4.1 Global Micro Turbine Revenue Estimates and Forecasts (2019-2030)
4.2 Global Micro Turbine Revenue by Region
4.2.1 Global Micro Turbine Revenue by Region: 2019 VS 2023 VS 2030
4.2.2 Global Micro Turbine Revenue by Region (2019-2024)
4.2.3 Global Micro Turbine Revenue by Region (2025-2030)
4.2.4 Global Micro Turbine Revenue Market Share by Region (2019-2030)
4.3 Global Micro Turbine Sales Estimates and Forecasts 2019-2030
4.4 Global Micro Turbine Sales by Region
4.4.1 Global Micro Turbine Sales by Region: 2019 VS 2023 VS 2030
4.4.2 Global Micro Turbine Sales by Region (2019-2024)
4.4.3 Global Micro Turbine Sales by Region (2025-2030)
4.4.4 Global Micro Turbine Sales Market Share by Region (2019-2030)
4.5 US & Canada
4.6 Europe
4.7 China
4.8 Asia (Excluding China)
4.9 Middle East, Africa and Latin America
5 Market Competitive Landscape by Manufacturers
5.1 Global Micro Turbine Revenue by Manufacturers
5.1.1 Global Micro Turbine Revenue by Manufacturers (2019-2024)
5.1.2 Global Micro Turbine Revenue Market Share by Manufacturers (2019-2024)
5.1.3 Global Micro Turbine Manufacturers Revenue Share Top 10 and Top 5 in 2023
5.2 Global Micro Turbine Sales by Manufacturers
5.2.1 Global Micro Turbine Sales by Manufacturers (2019-2024)
5.2.2 Global Micro Turbine Sales Market Share by Manufacturers (2019-2024)
5.2.3 Global Micro Turbine Manufacturers Sales Share Top 10 and Top 5 in 2023
5.3 Global Micro Turbine Sales Price by Manufacturers (2019-2024)
5.4 Global Micro Turbine Key Manufacturers Ranking, 2022 VS 2023 VS 2024
5.5 Global Micro Turbine Key Manufacturers Manufacturing Sites & Headquarters
5.6 Global Micro Turbine Manufacturers, Product Type & Application
5.7 Global Micro Turbine Manufacturers Commercialization Time
5.8 Market Competitive Analysis
5.8.1 Global Micro Turbine Market CR5 and HHI
5.8.2 2023 Micro Turbine Tier 1, Tier 2, and Tier 3
6 Micro Turbine Market by Type
6.1 Global Micro Turbine Revenue by Type
6.1.1 Global Micro Turbine Revenue by Type (2019 VS 2023 VS 2030)
6.1.2 Global Micro Turbine Revenue by Type (2019-2030) & (US$ Million)
6.1.3 Global Micro Turbine Revenue Market Share by Type (2019-2030)
6.2 Global Micro Turbine Sales by Type
6.2.1 Global Micro Turbine Sales by Type (2019 VS 2023 VS 2030)
6.2.2 Global Micro Turbine Sales by Type (2019-2030) & (Units)
6.2.3 Global Micro Turbine Sales Market Share by Type (2019-2030)
6.3 Global Micro Turbine Price by Type
7 Micro Turbine Market by Application
7.1 Global Micro Turbine Revenue by Application
7.1.1 Global Micro Turbine Revenue by Application (2019 VS 2023 VS 2030)
7.1.2 Global Micro Turbine Revenue by Application (2019-2030) & (US$ Million)
7.1.3 Global Micro Turbine Revenue Market Share by Application (2019-2030)
7.2 Global Micro Turbine Sales by Application
7.2.1 Global Micro Turbine Sales by Application (2019 VS 2023 VS 2030)
7.2.2 Global Micro Turbine Sales by Application (2019-2030) & (Units)
7.2.3 Global Micro Turbine Sales Market Share by Application (2019-2030)
7.3 Global Micro Turbine Price by Application
8 Company Profiles
8.1 Capstone Turbine
8.1.1 Capstone Turbine Comapny Information
8.1.2 Capstone Turbine Business Overview
8.1.3 Capstone Turbine Micro Turbine Sales, Revenue, Price and Gross Margin (2019-2024)
8.1.4 Capstone Turbine Micro Turbine Product Portfolio
8.1.5 Capstone Turbine Recent Developments
8.2 Ansaldo Energia
8.2.1 Ansaldo Energia Comapny Information
8.2.2 Ansaldo Energia Business Overview
8.2.3 Ansaldo Energia Micro Turbine Sales, Revenue, Price and Gross Margin (2019-2024)
8.2.4 Ansaldo Energia Micro Turbine Product Portfolio
8.2.5 Ansaldo Energia Recent Developments
8.3 FlexEnergy
8.3.1 FlexEnergy Comapny Information
8.3.2 FlexEnergy Business Overview
8.3.3 FlexEnergy Micro Turbine Sales, Revenue, Price and Gross Margin (2019-2024)
8.3.4 FlexEnergy Micro Turbine Product Portfolio
8.3.5 FlexEnergy Recent Developments
8.4 IHI
8.4.1 IHI Comapny Information
8.4.2 IHI Business Overview
8.4.3 IHI Micro Turbine Sales, Revenue, Price and Gross Margin (2019-2024)
8.4.4 IHI Micro Turbine Product Portfolio
8.4.5 IHI Recent Developments
9 North America
9.1 North America Micro Turbine Market Size by Type
9.1.1 North America Micro Turbine Revenue by Type (2019-2030)
9.1.2 North America Micro Turbine Sales by Type (2019-2030)
9.1.3 North America Micro Turbine Price by Type (2019-2030)
9.2 North America Micro Turbine Market Size by Application
9.2.1 North America Micro Turbine Revenue by Application (2019-2030)
9.2.2 North America Micro Turbine Sales by Application (2019-2030)
9.2.3 North America Micro Turbine Price by Application (2019-2030)
9.3 North America Micro Turbine Market Size by Country
9.3.1 North America Micro Turbine Revenue Grow Rate by Country (2019 VS 2023 VS 2030)
9.3.2 North America Micro Turbine Sales by Country (2019 VS 2023 VS 2030)
9.3.3 North America Micro Turbine Price by Country (2019-2030)
9.3.4 U.S.
9.3.5 Canada
10 Europe
10.1 Europe Micro Turbine Market Size by Type
10.1.1 Europe Micro Turbine Revenue by Type (2019-2030)
10.1.2 Europe Micro Turbine Sales by Type (2019-2030)
10.1.3 Europe Micro Turbine Price by Type (2019-2030)
10.2 Europe Micro Turbine Market Size by Application
10.2.1 Europe Micro Turbine Revenue by Application (2019-2030)
10.2.2 Europe Micro Turbine Sales by Application (2019-2030)
10.2.3 Europe Micro Turbine Price by Application (2019-2030)
10.3 Europe Micro Turbine Market Size by Country
10.3.1 Europe Micro Turbine Revenue Grow Rate by Country (2019 VS 2023 VS 2030)
10.3.2 Europe Micro Turbine Sales by Country (2019 VS 2023 VS 2030)
10.3.3 Europe Micro Turbine Price by Country (2019-2030)
10.3.4 Germany
10.3.5 France
10.3.6 U.K.
10.3.7 Italy
10.3.8 Russia
11 China
11.1 China Micro Turbine Market Size by Type
11.1.1 China Micro Turbine Revenue by Type (2019-2030)
11.1.2 China Micro Turbine Sales by Type (2019-2030)
11.1.3 China Micro Turbine Price by Type (2019-2030)
11.2 China Micro Turbine Market Size by Application
11.2.1 China Micro Turbine Revenue by Application (2019-2030)
11.2.2 China Micro Turbine Sales by Application (2019-2030)
11.2.3 China Micro Turbine Price by Application (2019-2030)
12 Asia (Excluding China)
12.1 Asia Micro Turbine Market Size by Type
12.1.1 Asia Micro Turbine Revenue by Type (2019-2030)
12.1.2 Asia Micro Turbine Sales by Type (2019-2030)
12.1.3 Asia Micro Turbine Price by Type (2019-2030)
12.2 Asia Micro Turbine Market Size by Application
12.2.1 Asia Micro Turbine Revenue by Application (2019-2030)
12.2.2 Asia Micro Turbine Sales by Application (2019-2030)
12.2.3 Asia Micro Turbine Price by Application (2019-2030)
12.3 Asia Micro Turbine Market Size by Country
12.3.1 Asia Micro Turbine Revenue Grow Rate by Country (2019 VS 2023 VS 2030)
12.3.2 Asia Micro Turbine Sales by Country (2019 VS 2023 VS 2030)
12.3.3 Asia Micro Turbine Price by Country (2019-2030)
12.3.4 Japan
12.3.5 South Korea
12.3.6 India
12.3.7 Australia
12.3.8 China Taiwan
12.3.9 Southeast Asia
13 Middle East, Africa and Latin America
13.1 Middle East, Africa and Latin America Micro Turbine Market Size by Type
13.1.1 Middle East, Africa and Latin America Micro Turbine Revenue by Type (2019-2030)
13.1.2 Middle East, Africa and Latin America Micro Turbine Sales by Type (2019-2030)
13.1.3 Middle East, Africa and Latin America Micro Turbine Price by Type (2019-2030)
13.2 Middle East, Africa and Latin America Micro Turbine Market Size by Application
13.2.1 Middle East, Africa and Latin America Micro Turbine Revenue by Application (2019-2030)
13.2.2 Middle East, Africa and Latin America Micro Turbine Sales by Application (2019-2030)
13.2.3 Middle East, Africa and Latin America Micro Turbine Price by Application (2019-2030)
13.3 Middle East, Africa and Latin America Micro Turbine Market Size by Country
13.3.1 Middle East, Africa and Latin America Micro Turbine Revenue Grow Rate by Country (2019 VS 2023 VS 2030)
13.3.2 Middle East, Africa and Latin America Micro Turbine Sales by Country (2019 VS 2023 VS 2030)
13.3.3 Middle East, Africa and Latin America Micro Turbine Price by Country (2019-2030)
13.3.4 Mexico
13.3.5 Brazil
13.3.6 Israel
13.3.7 Argentina
13.3.8 Colombia
13.3.9 Turkey
13.3.10 Saudi Arabia
13.3.11 UAE
14 Value Chain and Sales Channels Analysis
14.1 Micro Turbine Value Chain Analysis
14.1.1 Micro Turbine Key Raw Materials
14.1.2 Raw Materials Key Suppliers
14.1.3 Manufacturing Cost Structure
14.1.4 Micro Turbine Production Mode & Process
14.2 Micro Turbine Sales Channels Analysis
14.2.1 Direct Comparison with Distribution Share
14.2.2 Micro Turbine Distributors
14.2.3 Micro Turbine Customers
15 Concluding Insights
16 Appendix
16.1 Reasons for Doing This Study
16.2 Research Methodology
16.3 Research Process
16.4 Authors List of This Report
16.5 Data Source
16.5.1 Secondary Sources
16.5.2 Primary Sources
16.6 Disclaimer

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