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.
Because of their small size, relatively low capital costs, expected low operations and maintenance costs, and automatic electronic control, micro turbines are expected to capture a significant share of the distributed generation market. In addition, micro turbines offer an efficient and clean solution to direct mechanical drive markets such as compression and air-conditioning.
This report aims to provide a comprehensive presentation of the global market for Micro Turbine, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Micro Turbine. This report contains market size and forecasts of Micro Turbine in global, including the following market information:
Global Micro Turbine Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Micro Turbine Market Sales, 2018-2023, 2024-2029, (Units)
Global top five Micro Turbine companies in 2022 (%)
The global Micro Turbine market was valued at US$ 72 million in 2022 and is projected to reach US$ 84 million by 2029, at a CAGR of 2.3% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
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 and IHI, etc. Capstone Turbine is a global leader of this industry, with global sales market share of 71%.
Micro turbine can be classified by rated capacity as three major types, 50 kW~250 kW is the majority type; the global production volume market share of it was 42%. Micro turbine can be widely used in oil, gas & other natural resources industry, commercial building, landfill, transportation and others.
We surveyed the Micro Turbine manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Micro Turbine Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (Units)
Global Micro Turbine Market Segment Percentages, by Type, 2022 (%)
12 kW-50 kW
50 kW-250 kW
250 kW-600 kW
Others
Global Micro Turbine Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (Units)
Global Micro Turbine Market Segment Percentages, by Application, 2022 (%)
Oil, Gas & Other Natural Resources
Commercial Building
Landfill
Transportation
Global Micro Turbine Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (Units)
Global Micro Turbine Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Micro Turbine revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Micro Turbine revenues share in global market, 2022 (%)
Key companies Micro Turbine sales in global market, 2018-2023 (Estimated), (Units)
Key companies Micro Turbine sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Capstone Turbine
Ansaldo Energia
FlexEnergy
IHI
Outline of Major Chapters:
Chapter 1: Introduces the definition of Micro Turbine, market overview.
Chapter 2: Global Micro Turbine market size in revenue and volume.
Chapter 3: Detailed analysis of Micro Turbine manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Micro Turbine in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Micro Turbine capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
TABLE OF CONTENTS
1 Introduction to Research & Analysis Reports
1.1 Micro Turbine Market Definition
1.2 Market Segments
1.2.1 Market by Type
1.2.2 Market by Application
1.3 Global Micro Turbine Market Overview
1.4 Features & Benefits of This Report
1.5 Methodology & Sources of Information
1.5.1 Research Methodology
1.5.2 Research Process
1.5.3 Base Year
1.5.4 Report Assumptions & Caveats
2 Global Micro Turbine Overall Market Size
2.1 Global Micro Turbine Market Size: 2022 VS 2029
2.2 Global Micro Turbine Revenue, Prospects & Forecasts: 2018-2029
2.3 Global Micro Turbine Sales: 2018-2029
3 Company Landscape
3.1 Top Micro Turbine Players in Global Market
3.2 Top Global Micro Turbine Companies Ranked by Revenue
3.3 Global Micro Turbine Revenue by Companies
3.4 Global Micro Turbine Sales by Companies
3.5 Global Micro Turbine Price by Manufacturer (2018-2023)
3.6 Top 3 and Top 5 Micro Turbine Companies in Global Market, by Revenue in 2022
3.7 Global Manufacturers Micro Turbine Product Type
3.8 Tier 1, Tier 2 and Tier 3 Micro Turbine Players in Global Market
3.8.1 List of Global Tier 1 Micro Turbine Companies
3.8.2 List of Global Tier 2 and Tier 3 Micro Turbine Companies
4 Sights by Product
4.1 Overview
4.1.1 By Type - Global Micro Turbine Market Size Markets, 2022 & 2029
4.1.2 12 kW-50 kW
4.1.3 50 kW-250 kW
4.1.4 250 kW-600 kW
4.1.5 Others
4.2 By Type - Global Micro Turbine Revenue & Forecasts
4.2.1 By Type - Global Micro Turbine Revenue, 2018-2023
4.2.2 By Type - Global Micro Turbine Revenue, 2024-2029
4.2.3 By Type - Global Micro Turbine Revenue Market Share, 2018-2029
4.3 By Type - Global Micro Turbine Sales & Forecasts
4.3.1 By Type - Global Micro Turbine Sales, 2018-2023
4.3.2 By Type - Global Micro Turbine Sales, 2024-2029
4.3.3 By Type - Global Micro Turbine Sales Market Share, 2018-2029
4.4 By Type - Global Micro Turbine Price (Manufacturers Selling Prices), 2018-2029
5 Sights by Application
5.1 Overview
5.1.1 By Application - Global Micro Turbine Market Size, 2022 & 2029
5.1.2 Oil, Gas & Other Natural Resources
5.1.3 Commercial Building
5.1.4 Landfill
5.1.5 Transportation
5.2 By Application - Global Micro Turbine Revenue & Forecasts
5.2.1 By Application - Global Micro Turbine Revenue, 2018-2023
5.2.2 By Application - Global Micro Turbine Revenue, 2024-2029
5.2.3 By Application - Global Micro Turbine Revenue Market Share, 2018-2029
5.3 By Application - Global Micro Turbine Sales & Forecasts
5.3.1 By Application - Global Micro Turbine Sales, 2018-2023
5.3.2 By Application - Global Micro Turbine Sales, 2024-2029
5.3.3 By Application - Global Micro Turbine Sales Market Share, 2018-2029
5.4 By Application - Global Micro Turbine Price (Manufacturers Selling Prices), 2018-2029
6 Sights by Region
6.1 By Region - Global Micro Turbine Market Size, 2022 & 2029
6.2 By Region - Global Micro Turbine Revenue & Forecasts
6.2.1 By Region - Global Micro Turbine Revenue, 2018-2023
6.2.2 By Region - Global Micro Turbine Revenue, 2024-2029
6.2.3 By Region - Global Micro Turbine Revenue Market Share, 2018-2029
6.3 By Region - Global Micro Turbine Sales & Forecasts
6.3.1 By Region - Global Micro Turbine Sales, 2018-2023
6.3.2 By Region - Global Micro Turbine Sales, 2024-2029
6.3.3 By Region - Global Micro Turbine Sales Market Share, 2018-2029
6.4 North America
6.4.1 By Country - North America Micro Turbine Revenue, 2018-2029
6.4.2 By Country - North America Micro Turbine Sales, 2018-2029
6.4.3 US Micro Turbine Market Size, 2018-2029
6.4.4 Canada Micro Turbine Market Size, 2018-2029
6.4.5 Mexico Micro Turbine Market Size, 2018-2029
6.5 Europe
6.5.1 By Country - Europe Micro Turbine Revenue, 2018-2029
6.5.2 By Country - Europe Micro Turbine Sales, 2018-2029
6.5.3 Germany Micro Turbine Market Size, 2018-2029
6.5.4 France Micro Turbine Market Size, 2018-2029
6.5.5 U.K. Micro Turbine Market Size, 2018-2029
6.5.6 Italy Micro Turbine Market Size, 2018-2029
6.5.7 Russia Micro Turbine Market Size, 2018-2029
6.5.8 Nordic Countries Micro Turbine Market Size, 2018-2029
6.5.9 Benelux Micro Turbine Market Size, 2018-2029
6.6 Asia
6.6.1 By Region - Asia Micro Turbine Revenue, 2018-2029
6.6.2 By Region - Asia Micro Turbine Sales, 2018-2029
6.6.3 China Micro Turbine Market Size, 2018-2029
6.6.4 Japan Micro Turbine Market Size, 2018-2029
6.6.5 South Korea Micro Turbine Market Size, 2018-2029
6.6.6 Southeast Asia Micro Turbine Market Size, 2018-2029
6.6.7 India Micro Turbine Market Size, 2018-2029
6.7 South America
6.7.1 By Country - South America Micro Turbine Revenue, 2018-2029
6.7.2 By Country - South America Micro Turbine Sales, 2018-2029
6.7.3 Brazil Micro Turbine Market Size, 2018-2029
6.7.4 Argentina Micro Turbine Market Size, 2018-2029
6.8 Middle East & Africa
6.8.1 By Country - Middle East & Africa Micro Turbine Revenue, 2018-2029
6.8.2 By Country - Middle East & Africa Micro Turbine Sales, 2018-2029
6.8.3 Turkey Micro Turbine Market Size, 2018-2029
6.8.4 Israel Micro Turbine Market Size, 2018-2029
6.8.5 Saudi Arabia Micro Turbine Market Size, 2018-2029
6.8.6 UAE Micro Turbine Market Size, 2018-2029
7 Manufacturers & Brands Profiles
7.1 Capstone Turbine
7.1.1 Capstone Turbine Company Summary
7.1.2 Capstone Turbine Business Overview
7.1.3 Capstone Turbine Micro Turbine Major Product Offerings
7.1.4 Capstone Turbine Micro Turbine Sales and Revenue in Global (2018-2023)
7.1.5 Capstone Turbine Key News & Latest Developments
7.2 Ansaldo Energia
7.2.1 Ansaldo Energia Company Summary
7.2.2 Ansaldo Energia Business Overview
7.2.3 Ansaldo Energia Micro Turbine Major Product Offerings
7.2.4 Ansaldo Energia Micro Turbine Sales and Revenue in Global (2018-2023)
7.2.5 Ansaldo Energia Key News & Latest Developments
7.3 FlexEnergy
7.3.1 FlexEnergy Company Summary
7.3.2 FlexEnergy Business Overview
7.3.3 FlexEnergy Micro Turbine Major Product Offerings
7.3.4 FlexEnergy Micro Turbine Sales and Revenue in Global (2018-2023)
7.3.5 FlexEnergy Key News & Latest Developments
7.4 IHI
7.4.1 IHI Company Summary
7.4.2 IHI Business Overview
7.4.3 IHI Micro Turbine Major Product Offerings
7.4.4 IHI Micro Turbine Sales and Revenue in Global (2018-2023)
7.4.5 IHI Key News & Latest Developments
8 Global Micro Turbine Production Capacity, Analysis
8.1 Global Micro Turbine Production Capacity, 2018-2029
8.2 Micro Turbine Production Capacity of Key Manufacturers in Global Market
8.3 Global Micro Turbine Production by Region
9 Key Market Trends, Opportunity, Drivers and Restraints
9.1 Market Opportunities & Trends
9.2 Market Drivers
9.3 Market Restraints
10 Micro Turbine Supply Chain Analysis
10.1 Micro Turbine Industry Value Chain
10.2 Micro Turbine Upstream Market
10.3 Micro Turbine Downstream and Clients
10.4 Marketing Channels Analysis
10.4.1 Marketing Channels
10.4.2 Micro Turbine Distributors and Sales Agents in Global
11 Conclusion
12 Appendix
12.1 Note
12.2 Examples of Clients
12.3 Disclaimer
LIST OF TABLES & FIGURES
List of Tables
Table 1. Key Players of Micro Turbine in Global Market
Table 2. Top Micro Turbine Players in Global Market, Ranking by Revenue (2022)
Table 3. Global Micro Turbine Revenue by Companies, (US$, Mn), 2018-2023
Table 4. Global Micro Turbine Revenue Share by Companies, 2018-2023
Table 5. Global Micro Turbine Sales by Companies, (Units), 2018-2023
Table 6. Global Micro Turbine Sales Share by Companies, 2018-2023
Table 7. Key Manufacturers Micro Turbine Price (2018-2023) & (K USD/Unit)
Table 8. Global Manufacturers Micro Turbine Product Type
Table 9. List of Global Tier 1 Micro Turbine Companies, Revenue (US$, Mn) in 2022 and Market Share
Table 10. List of Global Tier 2 and Tier 3 Micro Turbine Companies, Revenue (US$, Mn) in 2022 and Market Share
Table 11. By Type ? Global Micro Turbine Revenue, (US$, Mn), 2022 & 2029
Table 12. By Type - Global Micro Turbine Revenue (US$, Mn), 2018-2023
Table 13. By Type - Global Micro Turbine Revenue (US$, Mn), 2024-2029
Table 14. By Type - Global Micro Turbine Sales (Units), 2018-2023
Table 15. By Type - Global Micro Turbine Sales (Units), 2024-2029
Table 16. By Application ? Global Micro Turbine Revenue, (US$, Mn), 2022 & 2029
Table 17. By Application - Global Micro Turbine Revenue (US$, Mn), 2018-2023
Table 18. By Application - Global Micro Turbine Revenue (US$, Mn), 2024-2029
Table 19. By Application - Global Micro Turbine Sales (Units), 2018-2023
Table 20. By Application - Global Micro Turbine Sales (Units), 2024-2029
Table 21. By Region ? Global Micro Turbine Revenue, (US$, Mn), 2022 VS 2029
Table 22. By Region - Global Micro Turbine Revenue (US$, Mn), 2018-2023
Table 23. By Region - Global Micro Turbine Revenue (US$, Mn), 2024-2029
Table 24. By Region - Global Micro Turbine Sales (Units), 2018-2023
Table 25. By Region - Global Micro Turbine Sales (Units), 2024-2029
Table 26. By Country - North America Micro Turbine Revenue, (US$, Mn), 2018-2023
Table 27. By Country - North America Micro Turbine Revenue, (US$, Mn), 2024-2029
Table 28. By Country - North America Micro Turbine Sales, (Units), 2018-2023
Table 29. By Country - North America Micro Turbine Sales, (Units), 2024-2029
Table 30. By Country - Europe Micro Turbine Revenue, (US$, Mn), 2018-2023
Table 31. By Country - Europe Micro Turbine Revenue, (US$, Mn), 2024-2029
Table 32. By Country - Europe Micro Turbine Sales, (Units), 2018-2023
Table 33. By Country - Europe Micro Turbine Sales, (Units), 2024-2029
Table 34. By Region - Asia Micro Turbine Revenue, (US$, Mn), 2018-2023
Table 35. By Region - Asia Micro Turbine Revenue, (US$, Mn), 2024-2029
Table 36. By Region - Asia Micro Turbine Sales, (Units), 2018-2023
Table 37. By Region - Asia Micro Turbine Sales, (Units), 2024-2029
Table 38. By Country - South America Micro Turbine Revenue, (US$, Mn), 2018-2023
Table 39. By Country - South America Micro Turbine Revenue, (US$, Mn), 2024-2029
Table 40. By Country - South America Micro Turbine Sales, (Units), 2018-2023
Table 41. By Country - South America Micro Turbine Sales, (Units), 2024-2029
Table 42. By Country - Middle East & Africa Micro Turbine Revenue, (US$, Mn), 2018-2023
Table 43. By Country - Middle East & Africa Micro Turbine Revenue, (US$, Mn), 2024-2029
Table 44. By Country - Middle East & Africa Micro Turbine Sales, (Units), 2018-2023
Table 45. By Country - Middle East & Africa Micro Turbine Sales, (Units), 2024-2029
Table 46. Capstone Turbine Company Summary
Table 47. Capstone Turbine Micro Turbine Product Offerings
Table 48. Capstone Turbine Micro Turbine Sales (Units), Revenue (US$, Mn) and Average Price (K USD/Unit) (2018-2023)
Table 49. Capstone Turbine Key News & Latest Developments
Table 50. Ansaldo Energia Company Summary
Table 51. Ansaldo Energia Micro Turbine Product Offerings
Table 52. Ansaldo Energia Micro Turbine Sales (Units), Revenue (US$, Mn) and Average Price (K USD/Unit) (2018-2023)
Table 53. Ansaldo Energia Key News & Latest Developments
Table 54. FlexEnergy Company Summary
Table 55. FlexEnergy Micro Turbine Product Offerings
Table 56. FlexEnergy Micro Turbine Sales (Units), Revenue (US$, Mn) and Average Price (K USD/Unit) (2018-2023)
Table 57. FlexEnergy Key News & Latest Developments
Table 58. IHI Company Summary
Table 59. IHI Micro Turbine Product Offerings
Table 60. IHI Micro Turbine Sales (Units), Revenue (US$, Mn) and Average Price (K USD/Unit) (2018-2023)
Table 61. IHI Key News & Latest Developments
Table 62. Micro Turbine Production Capacity (Units) of Key Manufacturers in Global Market, 2021-2023 (Units)
Table 63. Global Micro Turbine Capacity Market Share of Key Manufacturers, 2021-2023
Table 64. Global Micro Turbine Production by Region, 2018-2023 (Units)
Table 65. Global Micro Turbine Production by Region, 2024-2029 (Units)
Table 66. Micro Turbine Market Opportunities & Trends in Global Market
Table 67. Micro Turbine Market Drivers in Global Market
Table 68. Micro Turbine Market Restraints in Global Market
Table 69. Micro Turbine Raw Materials
Table 70. Micro Turbine Raw Materials Suppliers in Global Market
Table 71. Typical Micro Turbine Downstream
Table 72. Micro Turbine Downstream Clients in Global Market
Table 73. Micro Turbine Distributors and Sales Agents in Global Market
List of Figures
Figure 1. Micro Turbine Segment by Type in 2022
Figure 2. Micro Turbine Segment by Application in 2022
Figure 3. Global Micro Turbine Market Overview: 2022
Figure 4. Key Caveats
Figure 5. Global Micro Turbine Market Size: 2022 VS 2029 (US$, Mn)
Figure 6. Global Micro Turbine Revenue, 2018-2029 (US$, Mn)
Figure 7. Micro Turbine Sales in Global Market: 2018-2029 (Units)
Figure 8. The Top 3 and 5 Players Market Share by Micro Turbine Revenue in 2022
Figure 9. By Type - Global Micro Turbine Revenue, (US$, Mn), 2022 & 2029
Figure 10. By Type - Global Micro Turbine Revenue Market Share, 2018-2029
Figure 11. By Type - Global Micro Turbine Sales Market Share, 2018-2029
Figure 12. By Type - Global Micro Turbine Price (K USD/Unit), 2018-2029
Figure 13. By Application - Global Micro Turbine Revenue, (US$, Mn), 2022 & 2029
Figure 14. By Application - Global Micro Turbine Revenue Market Share, 2018-2029
Figure 15. By Application - Global Micro Turbine Sales Market Share, 2018-2029
Figure 16. By Application - Global Micro Turbine Price (K USD/Unit), 2018-2029
Figure 17. By Region - Global Micro Turbine Revenue, (US$, Mn), 2022 & 2029
Figure 18. By Region - Global Micro Turbine Revenue Market Share, 2018 VS 2022 VS 2029
Figure 19. By Region - Global Micro Turbine Revenue Market Share, 2018-2029
Figure 20. By Region - Global Micro Turbine Sales Market Share, 2018-2029
Figure 21. By Country - North America Micro Turbine Revenue Market Share, 2018-2029
Figure 22. By Country - North America Micro Turbine Sales Market Share, 2018-2029
Figure 23. US Micro Turbine Revenue, (US$, Mn), 2018-2029
Figure 24. Canada Micro Turbine Revenue, (US$, Mn), 2018-2029
Figure 25. Mexico Micro Turbine Revenue, (US$, Mn), 2018-2029
Figure 26. By Country - Europe Micro Turbine Revenue Market Share, 2018-2029
Figure 27. By Country - Europe Micro Turbine Sales Market Share, 2018-2029
Figure 28. Germany Micro Turbine Revenue, (US$, Mn), 2018-2029
Figure 29. France Micro Turbine Revenue, (US$, Mn), 2018-2029
Figure 30. U.K. Micro Turbine Revenue, (US$, Mn), 2018-2029
Figure 31. Italy Micro Turbine Revenue, (US$, Mn), 2018-2029
Figure 32. Russia Micro Turbine Revenue, (US$, Mn), 2018-2029
Figure 33. Nordic Countries Micro Turbine Revenue, (US$, Mn), 2018-2029
Figure 34. Benelux Micro Turbine Revenue, (US$, Mn), 2018-2029
Figure 35. By Region - Asia Micro Turbine Revenue Market Share, 2018-2029
Figure 36. By Region - Asia Micro Turbine Sales Market Share, 2018-2029
Figure 37. China Micro Turbine Revenue, (US$, Mn), 2018-2029
Figure 38. Japan Micro Turbine Revenue, (US$, Mn), 2018-2029
Figure 39. South Korea Micro Turbine Revenue, (US$, Mn), 2018-2029
Figure 40. Southeast Asia Micro Turbine Revenue, (US$, Mn), 2018-2029
Figure 41. India Micro Turbine Revenue, (US$, Mn), 2018-2029
Figure 42. By Country - South America Micro Turbine Revenue Market Share, 2018-2029
Figure 43. By Country - South America Micro Turbine Sales Market Share, 2018-2029
Figure 44. Brazil Micro Turbine Revenue, (US$, Mn), 2018-2029
Figure 45. Argentina Micro Turbine Revenue, (US$, Mn), 2018-2029
Figure 46. By Country - Middle East & Africa Micro Turbine Revenue Market Share, 2018-2029
Figure 47. By Country - Middle East & Africa Micro Turbine Sales Market Share, 2018-2029
Figure 48. Turkey Micro Turbine Revenue, (US$, Mn), 2018-2029
Figure 49. Israel Micro Turbine Revenue, (US$, Mn), 2018-2029
Figure 50. Saudi Arabia Micro Turbine Revenue, (US$, Mn), 2018-2029
Figure 51. UAE Micro Turbine Revenue, (US$, Mn), 2018-2029
Figure 52. Global Micro Turbine Production Capacity (Units), 2018-2029
Figure 53. The Percentage of Production Micro Turbine by Region, 2022 VS 2029
Figure 54. Micro Turbine Industry Value Chain
Figure 55. Marketing Channels
