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.


According to this study, over the next five years the Microturbines market will register a 6.8% CAGR in terms of revenue, the global market size will reach USD 370 million by 2024, from USD 250 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Microturbines business, shared in Chapter 3.

This report presents a comprehensive overview, market shares, and growth opportunities of Microturbines market by product type, application, key manufacturers and key regions and countries.

This study considers the Microturbines value and volume generated from the sales of the following segments-

Segmentation by product type- breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Unrecuperated microturbines
Recuperated microturbines
Segmentation by application- breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Critical Power Supply
Energy Efficiency
Renewable Energy
Moblie Production
Oil,Gas & Other

This report also splits the market by region- Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report- Breakdown data in in Chapter 3.
Capstone
Elliott Group
FlexEnergy
Solar Turbines Incorporated
Ansaldo Energia
Micro Turbine Technology BV
Niigata Power
BLADON JETS

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectives
To study and analyze the global Microturbines consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Microturbines market by identifying its various subsegments.
Focuses on the key global Microturbines manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Microturbines with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Microturbines submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.