Global Micro Gas Turbine Engines Market Growth 2025-2031

The global Micro Gas Turbine Engines market size is predicted to grow from US$ 35.6 million in 2025 to US$ 50 million in 2031; it is expected to grow at a CAGR of 5.8% from 2025 to 2031.

United States market for Micro Gas Turbine Engines is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

China market for Micro Gas Turbine Engines is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

Europe market for Micro Gas Turbine Engines is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

Global key Micro Gas Turbine Engines players cover Capstone Turbine, Locust Power, Honeywell(AlliedSignal), Ansaldo(Turbec), Flex Energy(IngersollRand), etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2024.

LP Information, Inc. (LPI) ' newest research report, the “Micro Gas Turbine Engines Industry Forecast” looks at past sales and reviews total world Micro Gas Turbine Engines sales in 2024, providing a comprehensive analysis by region and market sector of projected Micro Gas Turbine Engines sales for 2025 through 2031. With Micro Gas Turbine Engines sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Micro Gas Turbine Engines industry.

This Insight Report provides a comprehensive analysis of the global Micro Gas Turbine Engines landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Micro Gas Turbine Engines portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Micro Gas Turbine Engines market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Micro Gas Turbine Engines and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Micro Gas Turbine Engines.

This report presents a comprehensive overview, market shares, and growth opportunities of Micro Gas Turbine Engines market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
<300 KW
200-600 KW
>600 KW

Segmentation by Application:
Automotive
Aerospace and Defense
Commercial
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Capstone Turbine
Locust Power
Honeywell(AlliedSignal)
Ansaldo(Turbec)
Flex Energy(IngersollRand)
Elliott

Key Questions Addressed in this Report

What is the 10-year outlook for the global Micro Gas Turbine Engines market?

What factors are driving Micro Gas Turbine Engines market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Micro Gas Turbine Engines market opportunities vary by end market size?

How does Micro Gas Turbine Engines break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.