Microturbines Market Size & Share, by Application (Combined Heat, Power, Standby Power); Power Rating (12-50 kW, 50-250 kW, 250-500 kW); End-user (Industrial, Commercial, Residential) - Global Supply & Demand Analysis, Growth Forecasts, Statistics Report 2023-2035

  • Report ID: 3733
  • Published Date: Apr 13, 2023
  • Report Format: PDF, PPT

Companies Dominating the Microturbines Landscape

    • Brayton Energy LLC
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    • Toyota Motor Corporation
    • Capstone Turbine Corporation
    • Ansaldo Energia S.P.A.
    • ICR Turbine Engine Corporation
    • NewEnCo.
    • Eneftech Innovation SA
    • Wilson Solar Power Corporation
    • Bladon Micro Turbine
    • Bowman Consulting Group Ltd.

Browse Key Market Insights with Data Illustration:


In The News

  • Bowman Consulting Group Ltd. declared the acquisition of SEI Professional Services with USD 3 billion that include new renewable energy, solar, electric vehicles, and energy storage assignments. This was to help Bowman add various technical services and experiences to their portfolio to benefit developers and owners of solar energy facilities, and photovoltaic and battery energy storage operators.
  • Capstone Turbine Corporation declared the 10% federal Investment Tax Credit (ITC) extension for the microturbines and combined heat and power projects until the end of 2023. The extensions were made to help energy-intensive U.S. businesses to save jobs and stay competitive in the global market.

Author Credits:  Payel Roy, Dhruv Bhatia

  • Report ID: 3733
  • Published Date: Apr 13, 2023
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

The rising adoption of natural gas micro turbine generators to generate electricity and heat are the major factor driving the growth of the microturbines market.

The market size of microturbines is anticipated to attain a CAGR of 10% over the forecast period, i.e., 2023-2035.

The major players in the market are Brayton Energy LLC, Toyota Motor Corporation, Capstone Turbine Corporation, Ansaldo Energia S.P.A., ICR Turbine Engine Corporation, NewEnCo., Eneftech Innovation SA, Wilson Solarpower Corporation, Bladon Micro Turbine, Bowman Consulting Group Ltd.

The combined heat and power segment is anticipated to garner the largest market size by the end of 2035 and display significant growth opportunities.

The market in the North American region is projected to hold the largest market share by the end of 2035 and provide more business opportunities in the future.
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