Micro Turbine Market Size Is Most Likely To Exhibit Remarkable Growth In The Over The Forecast by 2028

Micro Turbine Market is valued at USD 210.4 Million in 2020 and expected to reach USD 311.5 Million by 2027 with a CAGR of 10.3% over the forecast period.
Increasing demand of electricity with increased focus to reduce environment pollution is anticipated to drive the growth of Global Micro Turbine Market.

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Scope of Global Micro Turbine Market Report:

Micro Turbines (MT) are tiny and relatively new distributed generation technology which can generate both heat and electricity. The electrical power output can vary from few kW to 500 kW along with steam generation. The micro turbines are also called distributed generators as they supply power at distribution level of grid which requires solid state interface as high rotational speed of about 40,000 rev/min- 120,000 rev/min. of turbine leads to high frequency which need to brought down to 50Hz to 60Hz to synchronize with grid.

Top Companies in Micro Turbine Market:

• Capstone Turbine
• Ansaldo Energia
• UAV Turbines
• Toyota Turbine and Systems
• MTT Microturbine
• Bowman
• Bladon Jets
• Dresser-Rand
• Brayton Energy
• FlexEnergy
• Eneftech Innovation
• Aurelia
• ICR Turbine Engine Corporation
• MIT
• Turbo Tech
• 247Solar
• Others

The report evaluates the growth rate and the market value based on Market dynamics, growth-inducing factors. The complete knowledge is based on the latest industry news, opportunities, and trends. The report contains a comprehensive Market analysis and vendor landscape in addition to a SWOT analysis of the key vendors.

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Emerging use and applications of Micro Turbine and significant R&D investments in this field are the major factors driving the growth of the global Micro Turbine Market.

News: Capstone Launched New Microturbine
April 24th, 2017; Capstone Turbine Corp. expanded its Signature Series line of microturbines with the launch of the Capstone C200S microturbine. The 200 kW C200S microturbine incorporates numerous system and design upgrades intended to improve overall product quality, reliability and performance, the company said. The new product is especially suited to combined heat and power (CHP) and combined cooling, heat and power (CCHP) applications.

Micro Turbine Market Segmentation:-

By Application:
• Combined Heat and Power (CHP)
• Standby Power

By Power Rating:
• 12 kW-50 kW
• 50 kW-250 kW
• 250 kW-500 kW

By End-User:
• Industrial
• Commercial
• Residential

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Micro Turbine Market Report is also available for Specific Regions & Countries:

• North America (US, Canada)
• Europe (Germany, France, UK, Italy, Spain, Sweden, Netherland, Turkey, Switzerland, Belgium, Rest of Europe)
• Asia-Pacific (South Korea, Japan, China, India, Australia, Philippines, Singapore, Malaysia, Thailand, Indonesia, Rest Of APAC)
• Latin America (Mexico, Colombia, Brazil, Argentina, Peru, Rest of Latin America)
• Middle East and Africa (Saudi Arabia, UAE, Egypt, South Africa, Rest Of MEA)

Table of Content

Chapter 1- Report Methodology
1.1. Research Process
1.2. Primary Research
1.3. Secondary Research
1.4. Market Size Estimates
1.5. Data Triangulation
1.6. Forecast Model
1.7. USP's of Report
1.8. Report Description
Chapter 2- Global Micro Turbine Market Overview
2.1. Market Introduction
2.2. Executive Summary
2.3. Global Micro Turbine Market Classification
2.4. Market Drivers
2.5. Market Restraints
2.6. Market Opportunity
2.7. Micro Turbine Market: Trends
2.8. Porter's Five Forces Analysis
2.9. Market Attractiveness Analysis
Chapter 3 - Global Micro Turbine Market Overview
Chapter 4 - Global Micro Turbine Market Analysis: Segmentation By Type
Chapter 5 - Global Micro Turbine Market Analysis: Segmentation By Applications
Continued@........

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