Global Microturbines Market Growth 2025-2031

Global Microturbines Market Growth 2025-2031

The global Microturbines market size is predicted to grow from US$ 360 million in 2025 to US$ 539 million in 2031; it is expected to grow at a CAGR of 7.0% from 2025 to 2031.

The Microturbine generates power and is a combination of a small gas turbine and high speed generator. The combustor in a microturbine can run on various types of fuel such as diesel, natural gas, biogas, alcohol, hydrogen, and LPG, emitting negligible toxicity. Microturbines can generate

Global Microturbines key players include Capstone, Elliott Group, FlexEnergy, Solar Turbines , Ansaldo Energia, etc. Global top five players hold a share about 90%.

North America is the largest market, with a share about 70%, followed by Europe and Japan, having a total share about 25 percent.

In terms of product, Recuperated Microturbines is the largest segment, with a share about 55%. And in terms of application, the largest application is Energy Efficiency, followed by Critical Power Supply, Renewable Energy, Moblie Production, Oil,Gas and Other.

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

This Insight Report provides a comprehensive analysis of the global Microturbines 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 Microturbines portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Microturbines market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Microturbines 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 Microturbines.

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

Segmentation by Type:
Unrecuperated Microturbines
Recuperated Microturbines

Segmentation by Application:
Critical Power Supply
Energy Efficiency
Renewable Energy
Moblie Production
Oil,Gas and Other

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
Elliott Group
FlexEnergy
Solar Turbines Incorporated
Ansaldo Energia
Micro Turbine Technology BV
Niigata Power
BLADON JETS

Key Questions Addressed in this Report

What is the 10-year outlook for the global Microturbines market?

What factors are driving Microturbines market growth, globally and by region?

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

How do Microturbines market opportunities vary by end market size?

How does Microturbines break out by Type, by Application?

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