Micro Turbine Market Competitive Landscape Analysis: Capstone Turbine Corporation , FlexEnergy, Inc., Ansaldo Energia S.p.A , and Brayton Energy LLC. , Eneftech Innovation SA

Market Highlights:-

Micro turbines are progressively being utilized as a distributed energy generation source now a days, due to increasing demand of clean energy, aging grid infrastructure, and easy fuel accessibility. The emphasis on green energy generation along with creating heat for industrial & commercial or residential activities, coupled with growing demand of cogeneration application is expected to change trends towards micro turbines. With the rising environmental concerns regarding global warming, due to burning of fossil fuels, cogeneration application is anticipated to dominate the micro turbine market during the forecast period. As per the study conducted by Market Research Future, the market for South America & Africa Micro Turbine is likely to grow at the CAGR of around 10%.

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Industry News:-

In April, 2018 – Capstone Turbine Corporation, the world's leading clean technology manufacturer of micro turbine energy systems, outlined a new Capstone Distributor Support System, or DSS program, that was launched effective from 1st of January 2018. The goal of the new program is to deliver improved worldwide distributor training, sales efficiency, website development, corporation branding and offer funding for augmented strategic marketing activities. Precisely, the DSS program will endowment additional support for supplier business development activities, consumer lead generation, brand cognizance and precisely tailored marketing services for each major geography and market vertical.

In April, 2018 – Capstone Turbine won an order for a micro turbine to provide combined heat and power (CHP) for a Portuguese textile mill. The company proclaimed the order for its C600S micro turbine was the first in the country. According to Capstone, the textile mill’s owners are currently looking to expand in order to upsurge production capacity. As the local utility’s rates were high, the owners decided on a gas-fired micro turbine.

Industry Major Key Players:-

• Wilson Solarpower Corporation
• ICR Turbine Engine Corporation
• Calnetix Technologies LLC
• Brayton Energy LLC.
• Eneftech Innovation SA
• Microturbine Technology BV
• Capstone Turbine Corporation
• FlexEnergy, Inc.
• Ansaldo Energia S.p.A

Global Micro Turbine Market – Segmentation
The scope of global micro turbine market is segmented into three major segments which are explained below:

By Application
o Cogeneration
o Standby Power

By Power Rating
o 12 kW -50 kW
o 50 kW-250 kW
o 250 kW-500 kW

By End-Use
o Industrial
o Commercial
o Residential

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Global Micro Turbine Market - Competitive Analysis

The global market for micro turbine seems to be highly competitive. To maintain the market position and to drive the market growth, various dynamic and diversified international organizations, domestic organizations and as well as new entrants form a competitive landscape. Market leaders are innovating continuously and increasingly seeking market expansion through various strategic mergers and acquisitions, product launch, innovation, increasing investments in research and development and cost-effective product portfolio. The continuing cascade of merger and acquisition (M&A) activity in the wind sector has primarily centred on a few high profile micro turbine OEMs, but it has also been accompanied by a few blade manufacturer acquisitions. Micro turbine OEMs are continually revaluating whether to build blades in-house, outsource them, or juggle a careful blend of the two sourcing strategies.

Intended Audience:-

• Micro Turbine Manufacturers
• Public and Private Operators of Natural Gas Power Plants
• Government as well as Independent Regulatory Authorities
• Consultants and Investment Bankers
• Distributer & Supplier Companies
• End Users

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This release was published on openPR.