Micro Turbine Market Market is Expected to Grow at a CAGR of 10% from 2016 to 2023
Global Micro Turbine Market Information Report by Application (Cogeneration, Standby Power), Power Rating (12 kW -50 kW, 50 kW-250 kW, 250 kW-500 kW), End-Use (Industrial, Commercial, Residential) and Region – Global Forecast To 2023
Pune, India – October 24, 2017 /MarketersMedia/ —
Market Highlights
Growing clean electricity demand coupled with growing concern for reducing carbon footprint and the aging grid infrastructure, will boost the global micro turbine market over the forecast period. Micro turbines are used as an alternative energy source for power generation. They are widely known for their function of cogeneration of heat and power.
Micro turbines are widely accepted across the world in the industrial & commercial sectors owing to growing demand of combined heat and power in industries such as, oil & gas, construction, pharmaceutical, manufacturing, waste water treatment, and mining among others.
Micro Turbine Market is expected to grow over the CAGR of around 10% during the period 2017 to 2023
Asia-Pacific region is expected to dominate the market
North America led the global micro turbine market, owing to increased consumption of energy and growing awareness of carbon footprint in the region. The U.S. dominated the North America micro turbine market, due to several potential advantages over other technologies for small-scale generation. The shale gas activities in the U.S., Canada, and Mexico is expected to contribute in the development of micro turbine market in the region.
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Key Players
The key players of the global micro turbine market are
• Capstone Turbine Corporation (U.S.),
• FlexEnergy, Inc. (U.S.),
• Ansaldo Energia S.p.A (Italy),
• Brayton Energy LLC. (U.S.),
• Eneftech Innovation SA (Switzerland),
• Microturbine Technology BV (the Netherlands),
• Wilson Solarpower Corporation (U.S.),
• ICR Turbine Engine Corporation (U.S.),
• Calnetix Technologies LLC (U.S.),
• Toyota Motor Corporation (Japan),
• Bladon Jets (Isle of Man)
• others.
Taste the market data and market information presented through more than 50 market data tables and figures spread in 110 numbers of pages of the project report. Avail the in-depth table of content TOC & market synopsis on “Global Micro Turbine Market Research Report – Forecast to 2023”
Scope of the Report
The scope of the study segments the global micro turbine market by its power rating, application, by end-user and by region.
By Application
• Cogeneration
• Standby Power
By Power Rating
• 12 kW -50 kW
• 50 kW-250 kW
• 250 kW-500 kW
By End-User
• Industries
• Commercial
• Residential
By Regions
• North America
• Asia-Pacific
• Europe
• Rest of the World
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Table of Content
1 Executive Summary
2 Research Methodology
2.1 Scope Of The Study
2.1.1 Definition
2.1.2 Research Objective
2.1.3 Assumptions
2.1.4 Limitations
2.2 Research Process
2.2.1 Primary Research
2.2.2 Secondary Research
2.3 Market Size Estimation
2.4 Forecast Model
3 Market Dynamics
3.1 Market Drivers
3.2 Market Inhibitors
3.3 Supply/Value Chain Analysis
3.4 Porter’s Five Forces Analysis
4 Global Shunt Capacitor Market, By Application
4.1 Introduction
4.2 Cogeneration
4.3 Standby Power
5 Global Shunt Capacitor Market, By Power Rating
Continue………
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