Press release
Micro Turbine Market New Expansions and Technology, Size, Share, Competitive landscape to 2023
Micro Turbine Global Market Overview:-Global micro turbine market is led by North America, owing to growing awareness of carbon footprint and increased consumption of energy in the region. The U.S. dominates the North America micro turbine market, mainly driven by increased demand for alternative energy sources, and rising number of coal and nuclear power plants to be decommissioned coupled with stringent environmental regulations. In North America, retiring power plants, fluctuating weather situations, and unreliable grid operations are creating growth opportunities for micro turbines market. The region is expected to witness largest market share by 2023.
The market is expected to grow with a CAGR of around 10% during the forecast period.
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Leading Key Players:-
The key players of the global micro turbine market are Capstone Turbine Corporation (U.S.), FlexEnergy, Inc. (U.S.), Ansaldo Energia S.p.A (Italy), and Brayton Energy LLC. (U.S.), Eneftech Innovation SA (Switzerland), Microturbine Technology BV (the Netherlands), Wilson Solarpower Corporation (U.S.), ICR Turbine Engine Corporation (U.S.), Calnetix Technologies LLC (U.S.), Toyota Motor Corporation (Japan), and Bladon Jets (Isle of Man) among others.
Major Points From Table Of Contents:-
1 Executive Summary
2 Research Methodology
3 Market Dynamics
4 Global Shunt Capacitor Market, By Application
4.1 Introduction
4.2 Cogeneration
4.3 Standby Power
5 Global Shunt Capacitor Market, By Power Rating
5.1 Introduction
5.2 12 KW-50kW
5.3 50kW-250kW
5.4 250kW-500kW
Continued..........
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Global Micro Turbine Market Analysis:-
Microturbines are generally used for the power generation solution due to its compact size, light weight, and higher efficiency. The use of micro turbines results in the lower electricity cost which increases the demand for the end-use industry. Micro turbines are small combustion turbines with outputs ranging from 12 kW to 500 kW. The increase in the demand for the energy is expected to increase the growth of micro turbine market.
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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MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
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Email: akash.anand@marketresearchfuture.com
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