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Global Microturbines Industry Is Projected to Reach 420 Million US$ by 2025

This study focuses on the production side and consumption side of Microturbines, presents the global Microturbines market size by manufacturers, regions, type and application, history breakdown data from 2013 to 2018, and forecast to 2025.

 

Los Angeles, CA -- (SBWIRE) -- 09/25/2018 -- In terms of production side, this report researches the Microturbines capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and product type.

In terms of consumption side, this report focuses on the consumption of Microturbines by regions and application. The key regions like North America, Europe, Asia-Pacific, Central & South America, Middle East and Africa etc.

The Microturbine generates power and is a combination of a small gas turbine and high speed generator. The combustor in a microturbine can run on various types of fuel such as diesel, natural gas, biogas, alcohol, hydrogen, and LPG, emitting negligible toxicity. Microturbines can generate

As international economic situation is complicated, in the next few years there will be many uncertainties although. Due to the government' policy and the high production of PCB etc. in the international market, the current demand for Microturbines product is relatively high in the mature market, such as Europe and North America, but the demand in China is relatively higher due to the downstream demand.

In 2014, the global production of the Microturbines reaches over 1983 Unit.

Microturbines are mainly produced by Capstone, and these companies occupied about 35.5% market share in 2014.

Europe, America are major consumption regions in Microturbines production market.

Although sales of Microturbines brought a lot of opportunities, the study group recommends the new entrants who just having money but without technical advantage and downstream support, do not to enter into the Microturbines field hastily.

The Microturbines market was valued at 250 Million US$ in 2017 and is projected to reach 420 Million US$ by 2025, at a CAGR of 6.7% 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 Microturbines.

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This report includes the following manufacturers; we can also add the other companies as you want.

Capstone

Elliott Group

FlexEnergy

Solar Turbines Incorporated

Ansaldo Energia

Micro Turbine Technology BV

Niigata Power

BLADON JETS

Market Segment by Product Type

Unrecuperated microturbines

Recuperated microturbines

Market Segment by Application

Critical Power Supply

Energy Efficiency

Renewable Energy

Moblie Production

Oil,Gas & Other

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