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Micro Turbines Market Size Study, by Power Rating (12-50 kW, 50-250 kW, 250-500 kW) by Application (Combined Heat & Power, Standby Power) by End-Use (Industrial, Commercial, Residential)- Global opportunity Analysis and Industry Forecast 2019-2025

Description

Global Micro Turbines Industry valued approximately USD 159 Million in 2016 is anticipated to grow with a healthy growth rate of more than 9% over the forecast period 2019-2025. Microturbines are cable to run independently or on variety of fuels like propane, biogas, diesel, and high and low pressure natural gas. Government support for greener solutions, increasing demand for reliable power, heavy investments by financial institutions, and availability of fuel are the key drivers for the growth of the global micro turbines Industry during the anticipated period. However, falling gas and oil prices is the major restraining factor of the Industry growth
Distributed power generation is attaining importance in developing and developed countries. The micro turbine is reinforced by the policies and incentives for promotion expansion. It has less payback time from the investment comparative to the other technologies. Various advantages include connection flexibility, ability to deliver stable and reliable power, capability to work in parallel for larger loads, and less emissions from the other technologies. Big turbines are different from Microturbines which are based on their compression temperatures and combustion ratio. It can be modified based on emission rules to meet federal and state emission regulations and the strict guidelines.

The objective of the study is to define Industry sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the Industry. Additionally, the report shall also incorporate available opportunities in micro Industrys for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.

Micro Turbines Industry Share and Size by 2019-2025
Energy & Natural Resources
Micr - Turbines Market Segmentation:
By Power Rating:
* 12-50 kW
* 50-250 kW
* 250-500 kW

By Application:
* Combined Heat & Power
* Standby Power

By End-Use:
* Industrial
* Commercial
* Residential

By Region
* North America
- USA
- Canada
* Europe
- Germany
- U.K.
- France
- Italy
- Rest of Europe
* APAC
- China
- India
- Japan
- Rest of Asia-Pacific
* RoW
- Latin America
- Middle East & Africa

Major Market Players in Micr - Turbines Market are as follows:
Capstone Turbine
Bladon Jets
Flexenergy
Enftech Innovation
Aurelia
Icrtec
MTT
Toyota Turbines & Systems
247solar
Bowman
Tubrotech
Brayton Energy

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