This report studies the global Micro Turbine Market status and forecast, categorizes the global Micro Turbine Market size (value & volume) by key players, type, application, and region. This report focuses on the top players in North America, Europe, Asia-Pacific, South America, and Middle East & Africa.
Los Angeles, CA -- (SBWIRE) -- 02/06/2019 -- 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.
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The global Micro Turbine market is valued at 63 million US$ in 2018 is expected to reach 78 million US$ by the end of 2025, growing at a CAGR of 2.8% during 2019-2025.
At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report. manufacturers are covered: Capstone Turbine, Ansaldo Energia, FlexEnergy, IHI
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.
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Segment by Type: 12 kW-50 kW, 50 kW-250 kW, 250 kW-600 kW, Other
Segment by Application: Oil, Gas & Other Natural Resources, Commercial Building, Landfill, Transportation
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