Global Micro Turbines Market is projected to reach USD 251.85 Million by 2023, growing at a CAGR of over 9% during the forecast period owing to growing investments by financial institutions, growing demand for reliable power and increasing demand for alternative sources of energy generation. Based on application, the market has been categorised into Combined Heat & Power and Standby Power. In 2017, the CHP application dominated the market. Based on End-User segment, the market is segmented as industrial, commercial, and residential. In 2017, industrial micro turbines segment dominated the market since the segment includes oil & gas, information and communications, and construction sectors which are growing. North America region dominated the market due to increasing energy consumption mainly from the oil & gas sector. Some of the leading players in the micro turbines market include Capstone Turbine, Ansaldo Energia, MTT, Brayton Energy etc.

Years considered for this report:

Historical Years: 2013-2016

Base Year: 2017

Estimated Year: 2018

Forecast Period: 2018–2023

Objective of the Study:

  • To analyse and forecast the market size of Micro Turbines Market, in terms of value.
  • To classify and forecast Global Micro Turbines Market based on power rating, application, end-user and regional distribution.
  • To identify drivers and challenges for Global Micro Turbines Market.
  • To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in Global Micro Turbines Market.
  • To conduct the pricing analysis for Micro Turbines Market.
  • To identify and analyse the profile of leading players involved in the manufacturing of Global Micro Turbines Market.


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Some of the leading players in the Global Micro Turbines Market are Ansaldo Energia, Bladon Jets, Brayton Energy, Capstone Turbine, MTT, 247solar, Bowman, Turbotech, Toyota Turbine and Systems, Flexenergy etc.

TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of manufacturers across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the suppliers which could not be identified due to the limitations of secondary research. TechSci Research analysed the service offerings, distribution channels and presence of all major collaboration manufacturer across the globe.

TechSci Research calculated the market size of Global Micro Turbines Market using a bottom-up approach, where data for various end user industries and its application across various product types were recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analysing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company website, news articles, press releases, company annual reports, investor presentations and financial reports were also used by TechSci Research.


Key Target Audience:

  • Micro turbine manufacturers
  • Government and research organizations
  • Raw Materials Suppliers and Manufacturers
  • End consumers
  • Traders, Distributors, and Suppliers
  • Industry associations and experts
  • Research organizations and consulting companies.
  • Research Institutes
  • Industry associations
  • Market research and consulting firm.

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as collaboration manufacturer and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.

Report Scope:

In this report, Global Micro Turbines Market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

  • Market, By Power Rating:
    • 12–50 KW
    • 50–250 kW
    • 250–500 kW
  • Market, By Application:
    • Combined Heat & Power
    • Standby Power
  • Market, By End User:
    • Industrial
    • Residential
    • Commercial
  • Market, by Region:
    • Asia Pacific
      • China
      • India 
      • Japan
      • South Korea
      • Australia
      • Singapore
      • Malaysia
    • Europe & CIS
      • France
      • Germany
      • United Kingdom
      • Italy
      • Spain
    • North America
      • United States
      • Mexico
      • Canada
    • South America
      • Brazil
      • Argentina
      • Colombia
    • Middle East and Africa
      • South Africa
      • Saudi Arabia
      • UAE
      • Qatar

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in Micro Turbines Market.

Available Customizations:

With the given market data, TechSci Research offers customizations according the company’s specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

Profit Margin Analysis

  • Profit margin analysis in case of direct and indirect sales channel.

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In case you don’t find what you are looking for, please get in touch with our custom research team at sales@techsciresearch.com

1.    Product Overview

2.    Research Methodology

3.    Executive Summary

4.    Voice of Customer

4.1.  Product Awareness

4.2.  Factors Influencing the Purchase Decision

4.3.  Product Pricing

4.4.  Challenges & Unmet Needs

5.    Global Micro Turbines Market Overview 

6.    Global Micro Turbines Market Outlook

6.1.  Market Size & Forecast

6.1.1.     By Value

6.2.  Market Share & Forecast

6.2.1.     By Power Rating (12–50 KW, 50–250 kW and 250–500 kW)

6.2.2.     By Application (Combined Heat & Power and Standby Power)

6.2.3.     By End-User (Industrial, Residential and Commercial)

6.2.4.     By Region

6.3.  Market Attractiveness Index

7.    Asia-Pacific Micro Turbines Market Outlook

7.1.  Market Size & Forecast          

7.1.1.     By Value

7.2.  Market Share & Forecast

7.2.1.     By Power Rating

7.2.2.     By End-User

7.2.3.     By Country

7.3.  Market Attractiveness Index

7.4.  Asia-Pacific: Country Analysis

7.4.1.     China Micro Turbines Market Outlook

7.4.1.1.         Market Size & Forecast

7.4.1.1.1.             By Value

7.4.1.2.         Market Share & Forecast

7.4.1.2.1.             By Power Rating

7.4.1.3.         Market Attractiveness Index

7.4.2.     India Micro Turbines Market Outlook

7.4.2.1.         Market Size & Forecast

7.4.2.1.1.             By Value

7.4.2.2.         Market Share & Forecast

7.4.2.2.1.             By Power Rating

7.4.2.3.         Market Attractiveness Index

7.4.3.     Japan Micro Turbines Market Outlook

7.4.3.1.         Market Size & Forecast

7.4.3.1.1.             By Value

7.4.3.2.         Market Share & Forecast

7.4.3.2.1.             By Power Rating

7.4.3.3.         Market Attractiveness Index

7.4.4.     South Korea Micro Turbines Market Outlook

7.4.4.1.         Market Size & Forecast

7.4.4.1.1.             By Value

7.4.4.2.         Market Share & Forecast

7.4.4.2.1.             By Power Rating

7.4.4.3.         Market Attractiveness Index

7.4.5.     Australia Micro Turbines Market Outlook

7.4.5.1.         Market Size & Forecast

7.4.5.1.1.             By Value

7.4.5.2.         Market Share & Forecast

7.4.5.2.1.             By Power Rating

7.4.5.3.         Market Attractiveness Index

7.4.6.     Singapore Micro Turbines Market Outlook

7.4.6.1.         Market Size & Forecast

7.4.6.1.1.             By Value

7.4.6.2.         Market Share & Forecast

7.4.6.2.1.             By Power Rating

7.4.6.3.         Market Attractiveness Index

7.4.7.     Malaysia Micro Turbines Market Outlook

7.4.7.1.         Market Size & Forecast

7.4.7.1.1.             By Value

7.4.7.2.         Market Share & Forecast

7.4.7.2.1.             By Power Rating

7.4.7.3.         Market Attractiveness Index

8.    Europe & CIS Micro Turbines Market Outlook

8.1.  Market Size & Forecast          

8.1.1.     By Value

8.2.  Market Share & Forecast

8.2.1.     By Power Rating

8.2.2.     By End-User

8.2.3.     By Country

8.3.  Market Attractiveness Index

8.4.  Europe: Country Analysis

8.4.1.     France Micro Turbines Market Outlook

8.4.1.1.         Market Size & Forecast

8.4.1.1.1.             By Value

8.4.1.2.         Market Share & Forecast

8.4.1.2.1.             By Power Rating

8.4.1.3.         Market Attractiveness Index

8.4.2.     Germany Micro Turbines Market Outlook

8.4.2.1.         Market Size & Forecast

8.4.2.1.1.             By Value

8.4.2.2.         Market Share & Forecast

8.4.2.2.1.             By Power Rating

8.4.2.3.         Market Attractiveness Index

8.4.3.     United Kingdom Micro Turbines Market Outlook

8.4.3.1.         Market Size & Forecast

8.4.3.1.1.             By Value

8.4.3.2.         Market Share & Forecast

8.4.3.2.1.             By Power Rating

8.4.3.3.         Market Attractiveness Index

8.4.4.     Italy Micro Turbines Market Outlook

8.4.4.1.         Market Size & Forecast

8.4.4.1.1.             By Value

8.4.4.2.         Market Share & Forecast

8.4.4.2.1.             By Power Rating

8.4.4.3.         Market Attractiveness Index

8.4.5.     Spain Micro Turbines Market Outlook

8.4.5.1.         Market Size & Forecast

8.4.5.1.1.             By Value

8.4.5.2.         Market Share & Forecast

8.4.5.2.1.             By Power Rating

8.4.5.3.         Market Attractiveness Index

9.    North America Micro Turbines Market Outlook

9.1.  Market Size & Forecast          

9.1.1.     By Value

9.2.  Market Share & Forecast

9.2.1.     By Power Rating

9.2.2.     By End-User

9.2.3.     By Country

9.3.  Market Attractiveness Index

9.4.  North America: Country Analysis

9.4.1.     United States Micro Turbines Market Outlook

9.4.1.1.         Market Size & Forecast

9.4.1.1.1.             By Value

9.4.1.2.         Market Share & Forecast

9.4.1.2.1.             By Power Rating

9.4.1.3.         Market Attractiveness Index

9.4.2.     Mexico Micro Turbines Market Outlook

9.4.2.1.         Market Size & Forecast

9.4.2.1.1.             By Value

9.4.2.2.         Market Share & Forecast

9.4.2.2.1.             By Power Rating

9.4.2.3.         Market Attractiveness Index

9.4.3.     Canada Micro Turbines Market Outlook

9.4.3.1.         Market Size & Forecast

9.4.3.1.1.             By Value

9.4.3.2.         Market Share & Forecast

9.4.3.2.1.             By Power Rating

9.4.3.3.         Market Attractiveness Index

10.  South America Micro Turbines Market Outlook

10.1.              Market Size & Forecast

10.1.1.  By Value

10.2.              Market Share & Forecast

10.2.1.  By Power Rating

10.2.2.  By End-User

10.2.3.  By Country

10.3.              Market Attractiveness Index

10.3.1.  Brazil Micro Turbines Market Outlook

10.3.1.1.      Market Size & Forecast

10.3.1.1.1.           By Value

10.3.1.2.      Market Share & Forecast

10.3.1.2.1.           By Power Rating

10.3.1.3.      Market Attractiveness Index

10.3.2.  Argentina Micro Turbines Market Outlook

10.3.2.1.      Market Size & Forecast

10.3.2.1.1.           By Value

10.3.2.2.      Market Share & Forecast

10.3.2.2.1.           By Power Rating

10.3.2.3.      Market Attractiveness Index

10.3.3.  Colombia Micro Turbines Market Outlook

10.3.3.1.      Market Size & Forecast

10.3.3.1.1.           By Value

10.3.3.2.      Market Share & Forecast

10.3.3.2.1.           By Power Rating

10.3.3.3.      Market Attractiveness Index

11.  Middle East and Africa Micro Turbines Market Outlook

11.1.              Market Size & Forecast

11.1.1.  By Value

11.2.              Market Share & Forecast

11.2.1.  By Power Rating

11.2.2.  By End-User

11.2.3.  By Country

11.3.              Market Attractiveness Index

11.4.              MEA: Country Analysis

11.4.1.  South Africa Micro Turbines Market Outlook

11.4.1.1.      Market Size & Forecast

11.4.1.1.1.           By Value

11.4.1.2.      Market Share & Forecast

11.4.1.2.1.           By Power Rating

11.4.1.3.      Market Attractiveness Index

11.4.2.  Saudi Arabia Micro Turbines Market Outlook

11.4.2.1.      Market Size & Forecast

11.4.2.1.1.           By Value

11.4.2.2.      Market Share & Forecast

11.4.2.2.1.           By Power Rating

11.4.2.3.      Market Attractiveness Index

11.4.3.  UAE Micro Turbines Market Outlook

11.4.3.1.      Market Size & Forecast

11.4.3.1.1.           By Value

11.4.3.2.      Market Share & Forecast

11.4.3.2.1.           By Power Rating

11.4.3.3.      Market Attractiveness Index

11.4.4.  Qatar Micro Turbines Market Outlook

11.4.4.1.      Market Size & Forecast

11.4.4.1.1.           By Value

11.4.4.2.      Market Share & Forecast

11.4.4.2.1.           By Power Rating

11.4.4.3.      Market Attractiveness Index

12.  Supply Chain Analysis

13.  Market Dynamics

13.1.              Drivers

13.2.              Challenges

14.  Market Trends & Developments

15.  Policy & Regulatory Landscape

16.  Competitive Landscape

16.1.              Competition Outlook

16.2.              Company Profiles (Top 10 Companies)

17.Strategic Recommendation

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