Press release
Micro turbine Market Forecast to 2025 By top Key Players - Capstone Turbine Ansaldo Energia FlexEnergy IHI
Micro turbine is a relatively new distributed generation technology being used for stationary energy generation applications. It is a type of combustion turbine that produces both heat and electricity on a relatively small scale.Currently, some companies in the world can produce micro turbine product, mainly concentrating in USA. The main market players are Capstone Turbine, Ansaldo Energia, FlexEnergy, IHI, etc. Capstone Turbine is a global leader of this industry, with global sales market share of 71.07% in 2015. The global production of micro turbine decreased from 765 units in 2011 to 394 units in 2015, with an average growth rate of -47.88%. The one reason for the decreasing situation is the backward technology for produce micro turbine.
In consumption market, Europe and USA are still the mainly consumption regions due to the advanced production technology and rapid development of economy. At present, in developed countries, the micro turbine industry is generally at a more advanced level. Some companies is developing micro turbine, they will enter this field in the future.
The Micro Turbine market was valued at 63 Million US$ in 2017 and is projected to reach 78 Million US$ by 2025, at a CAGR of 2.8% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Micro Turbine.
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Top Key Players Covered In This Report:
Capstone Turbine
Ansaldo Energia
FlexEnergy
IHI
In 2017, the global Micro Turbine Market size was xx million US$ and is forecast to xx million US in 2025, growing at a CAGR of xx% from 2018. The objectives of this study are to define, segment, and project the size of the Micro Turbine Market based on company, product type, application and key regions.
This report studies the global market size of Micro Turbine Market in key regions like North America, Europe, Asia Pacific, Central & South America and Middle East & Africa, focuses on the consumption of Micro Turbine Market in these regions.
This research report categorizes the global Micro Turbine Market by players/brands, region, type and application. This report also studies the global market status, competition landscape, market share, growth rate, future trends, market drivers, opportunities and challenges, sales channels, distributors and Porter's Five Forces Analysis.
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Table of Content:
1 Study Coverage
1.1 Micro Turbine Market Product
1.2 Key Market Segments
1.3 Key Manufacturers Covered
1.4 Market by Type
1.5 Market by Application
1.6 Study Objectives
1.7 Years Considered
2 Executive Summary
2.1 Global Micro Turbine Market Size
2.2 Micro Turbine Market Growth Rate by Regions
3 Breakdown Data by Manufacturers
3.1 Micro Turbine Market Sales by Manufacturers
3.2 Micro Turbine Market Revenue by Manufacturers
3.3 Micro Turbine Market Price by Manufacturers
3.5 Manufacturers Mergers & Acquisitions, Expansion Plans
4 Breakdown Data by Type
4.1 Global Micro Turbine Market Sales by Type
4.2 Global Micro Turbine Market Revenue by Type
4.3 Micro Turbine Market Price by Type
5 Breakdown Data by Application
5.1 Overview
5.2 Global Micro Turbine Market Breakdown Data by Application
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