(EnergyIndustry.Net, November 10, 2017 ) A microturbine is a small combustion turbine whose output ranges between 25 kW and 500 kW. It can produce both heat and electricity but on a small scale compared to a normal turbine. The technology is relatively new in the distributed generation industry. Microturbines are primarily used in stationary power generation applications. R&D is going on to accommodate the technology in the transportation industry as well. Trials are being carried out for using microturbines in roadways and marine transportation. However, the widespread adoption of the technology in roadways and marine transportation is expected to happen toward the end of the forecast period.
Publisher's analysts forecast the global microturbine market to grow at a CAGR of 21.32% during the period 2016-2020.
Other prominent vendors - Micro Turbine Tech BV - Wilson Solarpower - MME
Key questions answered in this report - What will the market size be in 2020 and what will the growth rate be? - What are the key market trends? - What is driving this market? - What are the challenges to market growth? - Who are the key vendors in this market space? - What are the market opportunities and threats faced by the key vendors? - What are the strengths and weaknesses of the key vendors?
PART 01: Executive summary - Highlights PART 02: Scope of the report - Market overview - Top-vendor offerings PART 03: Market research methodology - Research methodology - Economic indicators PART 04: Introduction - Key market highlights PART 05: Market landscape - Market overview - Market size and forecast - Five forces analysis PART 06: Market segmentation by application - Global microturbine market by application 2015-2020 - Global microturbine market by cogeneration 2015-2020 - Global microturbine market by stand-by power 2015-2020 PART 07: Market segmentation by end-users - Microturbine market by end-users 2015-2020 - Global microturbine market by industrial users 2015-2020 - Global microturbine market by commercial users 2015-2020 - Global microturbine market by residential users 2015-2020
PART 08: Geographical segmentation - Global microturbine market by geography 2015 - Microturbine market in the Americas 2015-2020 - Microturbine market in EMEA 2015-2020 - Microturbine market in APAC 2015-2020 PART 09: Market drivers - Strict regulations to curb carbon emissions enabling growth opportunities for microturbine market - Decommissioning of nuclear power plants creating a market opening for microturbines - Rise in distributed generation capacity propelling microturbines adoption PART 10: Impact of drivers PART 11: Market challenges - New technology market entry hurdles faced by microturbines - Competition from renewable energy options and fuel cell technology - Slowdown in the oil and gas industry impacting sales of microturbines PART 12: Impact of drivers and challenges PART 13: Market trends - Rising investment in R&D to use microturbines in the transportation industry - Mixed impact of government policies and subsidies on microturbine market in the US - Lower initial cost in comparison to other low carbon emission substitutes - High demand from telecom sector PART 14: Vendor landscape - Competitive landscape - Other prominent vendors PART 15: Key vendor analysis - Ansaldo Energia - Bladon Jets - Capstone Turbine Corporation - FlexEnergy Inc.