Global Micro Turbines Market Outlook to 2028

Global Micro Turbines Market Outlook to 2028

The rapid adoption of clean energy technologies, increased use in industrial power generation due to energy efficiency, more reliability than renewable energy, and less set up cost due to maturing technology are some of the few factors driving the Micro Turbines market growth.

Microturbines offer several potential advantages compared to other technologies for small-scale power generation, which include a small number of moving parts, compact size, lightweight, greater efficiency, lower emissions, lower electricity costs, and opportunities to utilize waste fuels. Waste heat recovery can also be used with these systems to achieve efficiencies greater than 80%, hence a much cleaner technology to produce electricity.

Market players are raising capital through sales of share. For instance, in June 2020, the Company announces the completion of the share capital increase from EUR 180,000,000 to EUR 580,000,000, approved by the extraordinary Shareholders' Meeting of Ansaldo Energia S.p.A. held on April 20 this year. The share capital increase, against payment, amounted to EUR 400,000,000, through the subscription of 40,000,000 shares, at accounting parity and without surcharge, subscribed by the shareholder CDP Equity Spa, which also exercised the pre-emption right for the portion not subscribed by the shareholder Shanghai Electric Hongkong Co Limited.

This market research report provides an overview of the competitive landscape for the Micro Turbine. Also, the study comprehensively analyses the Micro Turbines market by segmenting it based on geography (North America, Europe, Asia-Pacific, South America, and the Middle East & Africa).

The report also addresses present and future market opportunities, market trends, developments, new product launches, region, and segments poised for the fastest growth, competitive landscape, and impact of Covid-19 on the Micro Turbine market. Further, Micro Turbines market size, demand forecast, and growth rates will also be provided in the report.
This product will be delivered within 5-7 business days.