Global Microturbines Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029

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
According to our (Global Info Research) latest study, the global Microturbines market size was valued at USD 333.4 million in 2022 and is forecast to a readjusted size of USD 515.1 million by 2029 with a CAGR of 6.4% during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
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.
This report is a detailed and comprehensive analysis for global Microturbines market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2023, are provided.
Key Features:
Global Microturbines market size and forecasts, in consumption value ($ Million), sales quantity (Units), and average selling prices (USD/Unit), 2018-2029
Global Microturbines market size and forecasts by region and country, in consumption value ($ Million), sales quantity (Units), and average selling prices (USD/Unit), 2018-2029
Global Microturbines market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (Units), and average selling prices (USD/Unit), 2018-2029
Global Microturbines market shares of main players, shipments in revenue ($ Million), sales quantity (Units), and ASP (USD/Unit), 2018-2023
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Microturbines
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Microturbines market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Capstone, Elliott Group, FlexEnergy, Solar Turbines Incorporated and Ansaldo Energia, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.
Market Segmentation
Microturbines market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
    Unrecuperated Microturbines
    Recuperated Microturbines
Market segment by Application
    Critical Power Supply
    Energy Efficiency
    Renewable Energy
    Moblie Production
    Oil,Gas and Other
Major players covered
    Capstone
    Elliott Group
    FlexEnergy
    Solar Turbines Incorporated
    Ansaldo Energia
    Micro Turbine Technology BV
    Niigata Power
    BLADON JETS
Market segment by region, regional analysis covers
    North America (United States, Canada and Mexico)
    Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
    Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
    South America (Brazil, Argentina, Colombia, and Rest of South America)
    Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Microturbines product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Microturbines, with price, sales, revenue and global market share of Microturbines from 2018 to 2023.
Chapter 3, the Microturbines competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Microturbines breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2018 to 2029.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2018 to 2029.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2022.and Microturbines market forecast, by regions, type and application, with sales and revenue, from 2024 to 2029.
Chapter 12, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War.
Chapter 13, the key raw materials and key suppliers, and industry chain of Microturbines.
Chapter 14 and 15, to describe Microturbines sales channel, distributors, customers, research findings and conclusion.