MicroTurbine Market

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Opportunity Analysis and Industry Forecast,
2016-2023
Microturbine Market by Power Rating , by
Application ,by End Use Global Opportunity
Analysis and Industry Forecast, 2021-2031
Pages 225 Tables 124 Charts 51
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• Top Impacting Factors
• The microturbine market size was valued at 234.7
  million in 2021, and microturbine industry is
  estimated to reach 547.9 million by 2031,
  growing at a CAGR of8.9 from 2022 to 2031.
• Micro turbine Market are small turbines that are
  used to generate electricity. The rising
  requirement and demand for low-emission energy
  generation are driving the expansion of the
  worldwide microturbine market.
• Microturbine have various potential advantages
  over other small-scale power-generating
  technologies, including a minimum number of
  moving parts, compact size, lightweight, higher
  efficiency, reduced pollutants, cheaper energy
  prices, and the ability to use waste fuels.
• Microturbine are predicted to grab a substantial
  portion of the distributed generation industry
  because of their small size, cheap capital costs,
  likely low operations and maintenance expenses,
  and autonomous electronic control.

Global MicroTurbine Market Outlook (2021 2031)
Pages 225 Tables 124 Charts 51
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• The global microturbine Market trends is
  primarily driven by an increase in distributed
  power production capacity and a growing emphasis
  on clean energy generation.
• A growing emphasis on green and sustainable power
  production is also boosting market expansion
  since microturbine provide permanent and reliable
  electricity while emitting few greenhouse gases
  (GHGs) such as carbon dioxide, carbon monoxide,
  Sulphur oxide, and nitrogen oxide.
• The global microturbine market forecast is
  segmented on the basis of power rating,
  application, end use, and region.

Global MicroTurbine Market Outlook (2021 2031)
Pages 225 Tables 124 Charts 51
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• Key Findings of The Micro Turbine Market
• As per microturbine market analysis, on the basis
  of power rating, the 50 KW to 250 KW segment
  emerged as the global leader by acquiring more
  than 46.0 of the microturbine market share in
  2021 and is anticipated to continue this trend
  during the forecast period.
• On the basis of application, the combined heat
  and power segment accounted for 72.1 of the
  global market share in FY2021.
• On the basis of end-use, the industrial segment
  accounted for 45.1 of the global market share in
  FY2021.
• On the basis of region, North America is the
  major consumer of microturbine among other
  regions. It accounted for around 42.3 of the
  global market share in 2021.

Global MicroTurbine Market Outlook (2021 2031)
Pages 225 Tables 124 Charts 51
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• The key players profiled in the report include
• Turbo Tech Precision Engineering Pvt. Ltd
• Capstone Turbine
• 247 Solar
• Turbo tech
• Ansaldo Energia
• Eneftech Innovation
• ICR Turbine Engine Corporation
• Bowman
• Microturbine Technology BV
• Turbine Engine Corporation
• Bladon Jets
• Brayton Energy

Global MicroTurbine Market Outlook (2021 2031)
Pages 225 Tables 124 Charts 51
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Global MicroTurbine Market Outlook (2021 2031)
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