Microturbine Systems Market 2022: Key Strategies, Historical Analysis, Trends, New Opportunities and Forecast Till 2028
Microturbine Systems Market 2022: Key Strategies, Historical Analysis, Trends, New Opportunities and Forecast Till 2028
Insights into the Microturbine Systems Market include supply chain optimization, Microturbine Systems challenges, and growth forecasts segmented by region and service type.
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Microturbines are generally small scale power generators that burn either gaseous or liquid fuel to produce electrical power. The burning of fuel creates high speed rotation of the turbine, which, in turn, rotates an electrical generator for power generation. These turbines are an essential part of distributed generation technology and are primarily used for on-site generation i.e. where the power generation and consumption happens mostly in the same place. These turbines also have great potential for CHP application, which increases their overall efficiency and provides numerous benefits to end-users.
This report elaborates the market size, market characteristics, and market growth of the Microturbine Systems industry, and breaks down according to the type, application, and consumption area of Microturbine Systems. The report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.
In Chapter 3.4 of the report, the impact of the COVID-19 outbreak on the industry was fully assessed. Fully risk assessment and industry recommendations were made for Microturbine Systems in a special period. This chapter also compares the markets of Pre COVID-19 and Post COVID-19.
In addition, chapters 8-12 consider the impact of COVID-19 on the regional economy.
Key players in the global Microturbine Systems market covered in Chapter 13:
NewEnCo Ltd.
247solar
TurboTech Precision Engineering Pvt. Ltd.
Brayton Energy
Ansaldo Energia
Aurelia Turbines Oy
Flexenergy
Bowman
Icrtec
Capstone Turbine Corporation
Elliot Company Inc.
Bladon Jets
Ingersoll-Rand Company
In Chapter 6, on the basis of types, the Microturbine Systems market from 2015 to 2025 is primarily split into:
12 KW–50 KW
51 KW–250 KW
Above 250 KW
In Chapter 7, on the basis of applications, the Microturbine Systems market from 2015 to 2025 covers:
Industrial
Commercial
Residential
Geographically, the detailed analysis of production, trade of the following countries is covered in Chapter 4.2, 5:
United States
Europe
China
Japan
India
Geographically, the detailed analysis of consumption, revenue, market share and growth rate of the following regions are covered in Chapter 8, 9, 10, 11, 12:
North America (Covered in Chapter 8)
United States
Canada
Mexico
Europe (Covered in Chapter 9)
Germany
UK
France
Italy
Spain
Others
Asia-Pacific (Covered in Chapter 10)
China
Japan
India
South Korea
Southeast Asia
Others
Middle East and Africa (Covered in Chapter 11)
Saudi Arabia
UAE
South Africa
Others
South America (Covered in Chapter 12)
Brazil
Others
Years considered for this report:
Historical Years: 2015-2019
Base Year: 2019
Estimated Year: 2020
Forecast Period: 2020-2025
Table of Content
1 Microturbine Systems Market - Research Scope
1.1 Study Goals
1.2 Market Definition and Scope
1.3 Key Market Segments
1.4 Study and Forecasting Years
2 Microturbine Systems Market - Research Methodology
2.1 Methodology
2.2 Research Data Source
2.2.1 Secondary Data
2.2.2 Primary Data
2.2.3 Market Size Estimation
2.2.4 Legal Disclaimer
3 Microturbine Systems Market Forces
3.1 Global Microturbine Systems Market Size
3.2 Top Impacting Factors (PESTEL Analysis)
3.2.1 Political Factors
3.2.2 Economic Factors
3.2.3 Social Factors
3.2.4 Technological Factors
3.2.5 Environmental Factors
3.2.6 Legal Factors
3.3 Industry Trend Analysis
3.4 Industry Trends Under COVID-19
3.4.1 Risk Assessment on COVID-19
3.4.2 Assessment of the Overall Impact of COVID-19 on the Industry
3.4.3 Pre COVID-19 and Post COVID-19 Market Scenario
3.5 Industry Risk Assessment
4 Microturbine Systems Market - By Geography
4.1 Global Microturbine Systems Market Value and Market Share by Regions
4.1.1 Global Microturbine Systems Value ($) by Region (2015-2020)
4.1.2 Global Microturbine Systems Value Market Share by Regions (2015-2020)
4.2 Global Microturbine Systems Market Production and Market Share by Major Countries
4.2.1 Global Microturbine Systems Production by Major Countries (2015-2020)
4.2.2 Global Microturbine Systems Production Market Share by Major Countries (2015-2020)
4.3 Global Microturbine Systems Market Consumption and Market Share by Regions
4.3.1 Global Microturbine Systems Consumption by Regions (2015-2020)
4.3.2 Global Microturbine Systems Consumption Market Share by Regions (2015-2020)
5 Microturbine Systems Market - By Trade Statistics
5.1 Global Microturbine Systems Export and Import
5.2 United States Microturbine Systems Export and Import (2015-2020)
5.3 Europe Microturbine Systems Export and Import (2015-2020)
5.4 China Microturbine Systems Export and Import (2015-2020)
5.5 Japan Microturbine Systems Export and Import (2015-2020)
5.6 India Microturbine Systems Export and Import (2015-2020)
5.7
6 Microturbine Systems Market - By Type
6.1 Global Microturbine Systems Production and Market Share by Types (2015-2020)
6.1.1 Global Microturbine Systems Production by Types (2015-2020)
6.1.2 Global Microturbine Systems Production Market Share by Types (2015-2020)
6.2 Global Microturbine Systems Value and Market Share by Types (2015-2020)
6.2.1 Global Microturbine Systems Value by Types (2015-2020)
6.2.2 Global Microturbine Systems Value Market Share by Types (2015-2020)
6.3 Global Microturbine Systems Production, Price and Growth Rate of 12 KW–50 KW (2015-2020)
6.4 Global Microturbine Systems Production, Price and Growth Rate of 51 KW–250 KW (2015-2020)
6.5 Global Microturbine Systems Production, Price and Growth Rate of Above 250 KW (2015-2020)
7 Microturbine Systems Market - By Application
7.1 Global Microturbine Systems Consumption and Market Share by Applications (2015-2020)
7.1.1 Global Microturbine Systems Consumption by Applications (2015-2020)
7.1.2 Global Microturbine Systems Consumption Market Share by Applications (2015-2020)
7.2 Global Microturbine Systems Consumption and Growth Rate of Industrial (2015-2020)
7.3 Global Microturbine Systems Consumption and Growth Rate of Commercial (2015-2020)
7.4 Global Microturbine Systems Consumption and Growth Rate of Residential (2015-2020)
8 North America Microturbine Systems Market
8.1 North America Microturbine Systems Market Size
8.2 United States Microturbine Systems Market Size
8.3 Canada Microturbine Systems Market Size
8.4 Mexico Microturbine Systems Market Size
8.5 The Influence of COVID-19 on North America Market
9 Europe Microturbine Systems Market Analysis
9.1 Europe Microturbine Systems Market Size
9.2 Germany Microturbine Systems Market Size
9.3 United Kingdom Microturbine Systems Market Size
9.4 France Microturbine Systems Market Size
9.5 Italy Microturbine Systems Market Size
9.6 Spain Microturbine Systems Market Size
9.7 The Influence of COVID-19 on Europe Market
10 Asia-Pacific Microturbine Systems Market Analysis
10.1 Asia-Pacific Microturbine Systems Market Size
10.2 China Microturbine Systems Market Size
10.3 Japan Microturbine Systems Market Size
10.4 South Korea Microturbine Systems Market Size
10.5 Southeast Asia Microturbine Systems Market Size
10.6 India Microturbine Systems Market Size
10.7 The Influence of COVID-19 on Asia Pacific Market
11 Middle East and Africa Microturbine Systems Market Analysis
11.1 Middle East and Africa Microturbine Systems Market Size
11.2 Saudi Arabia Microturbine Systems Market Size
11.3 UAE Microturbine Systems Market Size
11.4 South Africa Microturbine Systems Market Size
11.5 The Influence of COVID-19 on Middle East and Africa Market
12 South America Microturbine Systems Market Analysis
12.1 South America Microturbine Systems Market Size
12.2 Brazil Microturbine Systems Market Size
12.3 The Influence of COVID-19 on South America Market
13 Company Profiles
13.1 NewEnCo Ltd.
13.1.1 NewEnCo Ltd. Basic Information
13.1.2 NewEnCo Ltd. Product Profiles, Application and Specification
13.1.3 NewEnCo Ltd. Microturbine Systems Market Performance (2015-2020)
13.2 247solar
13.2.1 247solar Basic Information
13.2.2 247solar Product Profiles, Application and Specification
13.2.3 247solar Microturbine Systems Market Performance (2015-2020)
13.3 TurboTech Precision Engineering Pvt. Ltd.
13.3.1 TurboTech Precision Engineering Pvt. Ltd. Basic Information
13.3.2 TurboTech Precision Engineering Pvt. Ltd. Product Profiles, Application and Specification
13.3.3 TurboTech Precision Engineering Pvt. Ltd. Microturbine Systems Market Performance (2015-2020)
13.4 Brayton Energy
13.4.1 Brayton Energy Basic Information
13.4.2 Brayton Energy Product Profiles, Application and Specification
13.4.3 Brayton Energy Microturbine Systems Market Performance (2015-2020)
13.5 Ansaldo Energia
13.5.1 Ansaldo Energia Basic Information
13.5.2 Ansaldo Energia Product Profiles, Application and Specification
13.5.3 Ansaldo Energia Microturbine Systems Market Performance (2015-2020)
13.6 Aurelia Turbines Oy
13.6.1 Aurelia Turbines Oy Basic Information
13.6.2 Aurelia Turbines Oy Product Profiles, Application and Specification
13.6.3 Aurelia Turbines Oy Microturbine Systems Market Performance (2015-2020)
13.7 Flexenergy
13.7.1 Flexenergy Basic Information
13.7.2 Flexenergy Product Profiles, Application and Specification
13.7.3 Flexenergy Microturbine Systems Market Performance (2015-2020)
13.8 Bowman
13.8.1 Bowman Basic Information
13.8.2 Bowman Product Profiles, Application and Specification
13.8.3 Bowman Microturbine Systems Market Performance (2015-2020)
13.9 Icrtec
13.9.1 Icrtec Basic Information
13.9.2 Icrtec Product Profiles, Application and Specification
13.9.3 Icrtec Microturbine Systems Market Performance (2015-2020)
13.10 Capstone Turbine Corporation
13.10.1 Capstone Turbine Corporation Basic Information
13.10.2 Capstone Turbine Corporation Product Profiles, Application and Specification
13.10.3 Capstone Turbine Corporation Microturbine Systems Market Performance (2015-2020)
13.11 Elliot Company Inc.
13.11.1 Elliot Company Inc. Basic Information
13.11.2 Elliot Company Inc. Product Profiles, Application and Specification
13.11.3 Elliot Company Inc. Microturbine Systems Market Performance (2015-2020)
13.12 Bladon Jets
13.12.1 Bladon Jets Basic Information
13.12.2 Bladon Jets Product Profiles, Application and Specification
13.12.3 Bladon Jets Microturbine Systems Market Performance (2015-2020)
13.13 Ingersoll-Rand Company
13.13.1 Ingersoll-Rand Company Basic Information
13.13.2 Ingersoll-Rand Company Product Profiles, Application and Specification
13.13.3 Ingersoll-Rand Company Microturbine Systems Market Performance (2015-2020)
14 Market Forecast - By Regions
14.1 North America Microturbine Systems Market Forecast (2020-2025)
14.2 Europe Microturbine Systems Market Forecast (2020-2025)
14.3 Asia-Pacific Microturbine Systems Market Forecast (2020-2025)
14.4 Middle East and Africa Microturbine Systems Market Forecast (2020-2025)
14.5 South America Microturbine Systems Market Forecast (2020-2025)
15 Market Forecast - By Type and Applications
15.1 Global Microturbine Systems Market Forecast by Types (2020-2025)
15.1.1 Global Microturbine Systems Market Forecast Production and Market Share by Types (2020-2025)
15.1.2 Global Microturbine Systems Market Forecast Value and Market Share by Types (2020-2025)
15.2 Global Microturbine Systems Market Forecast by Applications (2020-2025)
List of Tables and Figures
Figure Microturbine Systems Picture
Table Microturbine Systems Key Market Segments
Figure Study and Forecasting Years
Figure Global Microturbine Systems Market Size and Growth Rate 2015-2025
Figure Industry PESTEL Analysis
Figure Global COVID-19 Status
Figure Market Size Forecast Comparison of Pre COVID-19 and Post COVID-19
Figure Global Microturbine Systems Value ($) and Growth Rate (2015-2020)
Table Global Microturbine Systems Value ($) by Countries (2015-2020)
Table Global Microturbine Systems Value Market Share by Regions (2015-2020)
Figure Global Microturbine Systems Value Market Share by Regions in 2019
Figure Global Microturbine Systems Production and Growth Rate (2015-2020)
Table Global Microturbine Systems Production by Major Countries (2015-2020)
Table Global Microturbine Systems Production Market Share by Major Countries (2015-2020)
Figure Global Microturbine Systems Production Market Share by Regions in 2019
Figure Global Microturbine Systems Consumption and Growth Rate (2015-2020)
Table Global Microturbine Systems Consumption by Regions (2015-2020)
Table Global Microturbine Systems Consumption Market Share by Regions (2015-2020)
Figure Global Microturbine Systems Consumption Market Share by Regions in 2019
Table Global Microturbine Systems Export Top 3 Country 2019
Table Global Microturbine Systems Import Top 3 Country 2019
Table United States Microturbine Systems Export and Import (2015-2020)
Table Europe Microturbine Systems Export and Import (2015-2020)
Table China Microturbine Systems Export and Import (2015-2020)
Table Japan Microturbine Systems Export and Import (2015-2020)
Table India Microturbine Systems Export and Import (2015-2020)
Table Global Microturbine Systems Production by Types (2015-2020)
Table Global Microturbine Systems Production Market Share by Types (2015-2020)
Figure Global Microturbine Systems Production Share by Type (2015-2020)
Table Global Microturbine Systems Value by Types (2015-2020)
Table Global Microturbine Systems Value Market Share by Types (2015-2020)
Figure Global Microturbine Systems Value Share by Type (2015-2020)
Figure Global 12 KW–50 KW Production and Growth Rate (2015-2020)
Figure Global 12 KW–50 KW Price (2015-2020)
Figure Global 51 KW–250 KW Production and Growth Rate (2015-2020)
Figure Global 51 KW–250 KW Price (2015-2020)
Figure Global Above 250 KW Production and Growth Rate (2015-2020)
Figure Global Above 250 KW Price (2015-2020)
Table Global Microturbine Systems Consumption by Applications (2015-2020)
Table Global Microturbine Systems Consumption Market Share by Applications (2015-2020)
Figure Global Microturbine Systems Consumption Share by Application (2015-2020)
Figure Global Industrial Consumption and Growth Rate (2015-2020)
Figure Global Commercial Consumption and Growth Rate (2015-2020)
Figure Global Residential Consumption and Growth Rate (2015-2020)
Figure North America Microturbine Systems Market Consumption and Growth Rate (2015-2020)
Table North America Microturbine Systems Consumption by Countries (2015-2020)
Table North America Microturbine Systems Consumption Market Share by Countries (2015-2020)
Figure North America Microturbine Systems Consumption Market Share by Countries (2015-2020)
Figure United States Microturbine Systems Market Consumption and Growth Rate (2015-2020)
Figure Canada Microturbine Systems Market Consumption and Growth Rate (2015-2020)
Figure Mexico Microturbine Systems Market Consumption and Growth Rate (2015-2020)
Figure North America COVID-19 Status
Figure Europe Microturbine Systems Market Consumption and Growth Rate (2015-2020)
Table Europe Microturbine Systems Consumption by Countries (2015-2020)
Table Europe Microturbine Systems Consumption Market Share by Countries (2015-2020)
Figure Europe Microturbine Systems Consumption Market Share by Countries (2015-2020)
Figure Germany Microturbine Systems Market Consumption and Growth Rate (2015-2020)
Figure United Kingdom Microturbine Systems Market Consumption and Growth Rate (2015-2020)
Figure France Microturbine Systems Market Consumption and Growth Rate (2015-2020)
Figure Italy Microturbine Systems Market Consumption and Growth Rate (2015-2020)
Figure Spain Microturbine Systems Market Consumption and Growth Rate (2015-2020)
Figure Europe COVID-19 Status
Figure Asia-Pacific Microturbine Systems Market Consumption and Growth Rate (2015-2020)
Table Asia-Pacific Microturbine Systems Consumption by Countries (2015-2020)
Table Asia-Pacific Microturbine Systems Consumption Market Share by Countries (2015-2020)
Figure Asia-Pacific Microturbine Systems Consumption Market Share by Countries (2015-2020)
Figure China Microturbine Systems Market Consumption and Growth Rate (2015-2020)
Figure Japan Microturbine Systems Market Consumption and Growth Rate (2015-2020)
Figure South Korea Microturbine Systems Market Consumption and Growth Rate (2015-2020)
Figure Southeast Asia Microturbine Systems Market Consumption and Growth Rate (2015-2020)
Figure India Microturbine Systems Market Consumption and Growth Rate (2015-2020)
Figure Asia Pacific COVID-19 Status
Figure Middle East and Africa Microturbine Systems Market Consumption and Growth Rate (2015-2020)
Table Middle East and Africa Microturbine Systems Consumption by Countries (2015-2020)
Table Middle East and Africa Microturbine Systems Consumption Market Share by Countries (2015-2020)
Figure Middle East and Africa Microturbine Systems Consumption Market Share by Countries (2015-2020)
Figure Saudi Arabia Microturbine Systems Market Consumption and Growth Rate (2015-2020)
Figure UAE Microturbine Systems Market Consumption and Growth Rate (2015-2020)
Figure South Africa Microturbine Systems Market Consumption and Growth Rate (2015-2020)
Figure South America Microturbine Systems Market Consumption and Growth Rate (2015-2020)
Table South America Microturbine Systems Consumption by Countries (2015-2020)
Table South America Microturbine Systems Consumption Market Share by Countries (2015-2020)
Figure South America Microturbine Systems Consumption Market Share by Countries (2015-2020)
Figure Brazil Microturbine Systems Market Consumption and Growth Rate (2015-2020)
Table NewEnCo Ltd. Company Profile
Table NewEnCo Ltd. Production, Value, Price, Gross Margin 2015-2020
Figure NewEnCo Ltd. Production and Growth Rate
Figure NewEnCo Ltd. Value ($) Market Share 2015-2020
Table 247solar Company Profile
Table 247solar Production, Value, Price, Gross Margin 2015-2020
Figure 247solar Production and Growth Rate
Figure 247solar Value ($) Market Share 2015-2020
Table TurboTech Precision Engineering Pvt. Ltd. Company Profile
Table TurboTech Precision Engineering Pvt. Ltd. Production, Value, Price, Gross Margin 2015-2020
Figure TurboTech Precision Engineering Pvt. Ltd. Production and Growth Rate
Figure TurboTech Precision Engineering Pvt. Ltd. Value ($) Market Share 2015-2020
Table Brayton Energy Company Profile
Table Brayton Energy Production, Value, Price, Gross Margin 2015-2020
Figure Brayton Energy Production and Growth Rate
Figure Brayton Energy Value ($) Market Share 2015-2020
Table Ansaldo Energia Company Profile
Table Ansaldo Energia Production, Value, Price, Gross Margin 2015-2020
Figure Ansaldo Energia Production and Growth Rate
Figure Ansaldo Energia Value ($) Market Share 2015-2020
Table Aurelia Turbines Oy Company Profile
Table Aurelia Turbines Oy Production, Value, Price, Gross Margin 2015-2020
Figure Aurelia Turbines Oy Production and Growth Rate
Figure Aurelia Turbines Oy Value ($) Market Share 2015-2020
Table Flexenergy Company Profile
Table Flexenergy Production, Value, Price, Gross Margin 2015-2020
Figure Flexenergy Production and Growth Rate
Figure Flexenergy Value ($) Market Share 2015-2020
Table Bowman Company Profile
Table Bowman Production, Value, Price, Gross Margin 2015-2020
Figure Bowman Production and Growth Rate
Figure Bowman Value ($) Market Share 2015-2020
Table Icrtec Company Profile
Table Icrtec Production, Value, Price, Gross Margin 2015-2020
Figure Icrtec Production and Growth Rate
Figure Icrtec Value ($) Market Share 2015-2020
Table Capstone Turbine Corporation Company Profile
Table Capstone Turbine Corporation Production, Value, Price, Gross Margin 2015-2020
Figure Capstone Turbine Corporation Production and Growth Rate
Figure Capstone Turbine Corporation Value ($) Market Share 2015-2020
Table Elliot Company Inc. Company Profile
Table Elliot Company Inc. Production, Value, Price, Gross Margin 2015-2020
Figure Elliot Company Inc. Production and Growth Rate
Figure Elliot Company Inc. Value ($) Market Share 2015-2020
Table Bladon Jets Company Profile
Table Bladon Jets Production, Value, Price, Gross Margin 2015-2020
Figure Bladon Jets Production and Growth Rate
Figure Bladon Jets Value ($) Market Share 2015-2020
Table Ingersoll-Rand Company Company Profile
Table Ingersoll-Rand Company Production, Value, Price, Gross Margin 2015-2020
Figure Ingersoll-Rand Company Production and Growth Rate
Figure Ingersoll-Rand Company Value ($) Market Share 2015-2020
Figure North America Market Consumption and Growth Rate Forecast (2020-2025)
Figure Europe Market Consumption and Growth Rate Forecast (2020-2025)
Figure Asia-Pacific Market Consumption and Growth Rate Forecast (2020-2025)
Figure Middle East and Africa Market Consumption and Growth Rate Forecast (2020-2025)
Figure South America Market Consumption and Growth Rate Forecast (2020-2025)
Table Global Microturbine Systems Market Forecast Production by Types (2020-2025)
Table Global Microturbine Systems Market Forecast Production Share by Types (2020-2025)
Table Global Microturbine Systems Market Forecast Value ($) by Types (2020-2025)
Table Global Microturbine Systems Market Forecast Value Share by Types (2020-2025)
Table Global Microturbine Systems Market Forecast Consumption by Applications (2020-2025)
Table Global Microturbine Systems Market Forecast Consumption Share by Applications (2020-2025)
Research Methodology:
Microturbine Systems Market Size Estimation
To estimate market size and trends, we use a combination of top-down and bottom-up methods. This allows us to evaluate the market from various perspectives—by company, region, product type, and end users.
Our estimates are based on actual sales data, excluding any discounts. Segment breakdowns and market shares are calculated using weighted averages based on usage rates and average prices. Regional insights are determined by how widely a product or service is adopted in each area.
Key companies are identified through secondary sources like industry reports and company filings. We then verify revenue estimates and other key data points through primary research, including interviews with industry experts, company executives, and decision-makers.
We take into account all relevant factors that could influence the market and validate our findings with real-world input. Our final insights combine both qualitative and quantitative data to provide a well-rounded view. Please note, these estimates do not account for unexpected changes such as inflation, economic downturns, or policy shifts.
Data Source
Secondary Sources
This study draws on a wide range of secondary sources, including press releases, annual reports, non-profit organizations, industry associations, government agencies, and customs data. We also referred to reputable databases and directories such as Bloomberg, Wind Info, Hoovers, Factiva, Trading Economics, Statista, and others. Additional references include investor presentations, company filings (e.g., SEC), economic data, and documents from regulatory and industry bodies.
These sources were used to gather technical and market-focused insights, identify key players, analyze market segmentation and classification, and track major trends and developments across industries.
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Primary Sources
As part of our primary research, we interviewed a variety of stakeholders from both the supply and demand sides to gather valuable qualitative and quantitative insights.
On the supply side, we spoke with product manufacturers, competitors, industry experts, research institutions, distributors, traders, and raw material suppliers. On the demand side, we engaged with business leaders, marketing and sales heads, technology and innovation directors, supply chain executives, and end users across key organizations.
These conversations helped us better understand market segmentation, pricing, applications, leading players, supply chains, demand trends, industry outlook, and key market dynamics—including risks, opportunities, barriers, and strategic developments.
Key Data Information from Primary Sources
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