Global Microturbine Market 2014-2018
- ID: 2757626
- January 2014
- Region: Global
- 69 Pages
The analysts forecast the Global Microturbine market to grow at a CAGR of 17.1 percent over the period 2013-2018. One of the key factors contributing to this market growth is the rising global energy demand. The Global Microturbine market has also been witnessing the opportunity to sell excess power to main grids. However, the difficulty in interconnection with power grids could pose a challenge to the growth of this market.
The report, the Global Microturbine Market 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, and the EMEA and APAC regions; it also covers the Global Microturbine market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors dominating this space are Ansaldo Energia S.p.A, Bowman Power Group Ltd., Capstone Turbine Corp., Elliott Co. Inc., and FlexEnergy Inc.
Other vendors mentioned in the report are Apicom SpA, F4energy Ltd, CSM Ltd., Geveke Power Systems, Global Microturbine LLC, Micro Turbine Technology BV, and NewEnCo Ltd.
Key questions answered in this report:
- What will the market size be in 2018 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?
You can request one free hour of our analyst's time when you purchase this market report. Details are provided within the report.
01. Executive Summary
02. List of Abbreviations
03. Scope of the Report
03.1 Market Overview
03.2 Product Offerings
04. Market Research Methodology
04.1 Market Research Process
04.2 Research Methodology
05.1 Unrecuperated Microturbines
05.2 Recuperated Microturbines
06. Market Landscape
06.1 Market Overview
06.2 Market Size and Forecast
06.2.1 Market Size and Forecast by Revenue
06.2.2 Market Size and Forecast by Installation
06.3 Five Forces Analysis
07. Market Segmentation by Application
07.1 Global Microturbine Market by Application 2013
07.2 Global Microturbine Market by Application 2018
07.3 Global Microturbine Market by CHP Generation Segment
07.3.1 Market Size and Forecast
07.4 Global Microturbine Market by Stand-by Power Segment
07.4.1 Market Size and Forecast
08. Market Segmentation by End-users
08.1 Global Microturbine Market by End-users 2013
08.2 Global Microturbine Market by End-users 2018
08.3 Global Microturbine Market in the Industrial Segment
08.3.1 Market Size and Forecast
08.4 Global Microturbine Market in the Commercial Segment
08.4.1 Market Size and Forecast
08.5 Global Microturbine Market in the Residential Segment
08.5.1 Market Size and Forecast
09. Geographical Segmentation
09.1 Global Microturbine Market by Geographical Segmentation 2013
09.2 Global Microturbine Market by Geographical Segmentation 2018
09.3 Microturbine Market in the Americas
09.3.1 Market Size and Forecast
09.4 Microturbine Market in the EMEA Region
09.4.1 Market Size and Forecast
09.5 Microturbine Market in the APAC Region
09.5.1 Market Size and Forecast
10. Key Leading Countries
11. Buying Criteria
12. Market Growth Drivers
13. Drivers and their Impact
14. Market Challenges
15. Impact of Drivers and Challenges
16. Market Trends
17. Trends and their Impact
18. Vendor Landscape
18.1 Competitive Scenario
18.1.1 Key News
18.2 Other Prominent Vendors
19. Key Vendor Analysis
19.1 Ansaldo Energia S.p.A
19.1.1 Business Overview
19.1.2 Business Segmentation by Revenue
19.1.3 Key Information
19.1.4 SWOT Analysis
19.2 Bowman Power Group Ltd.
19.2.1 Business Overview
19.2.2 Business Segmentation
19.2.3 Key Information
19.2.4 SWOT Analysis
19.3 Capstone Turbine Corp.
19.3.1 Business Overview
19.3.2 Key Information
19.3.3 SWOT Analysis
19.4 Elliott Co. Inc.
19.4.1 Business Overview
19.4.2 Business Segmentation
19.4.3 Key Information
19.4.4 SWOT Analysis
19.5 FlexEnergy Inc.
19.5.1 Business Overview
19.5.2 Business Segmentation
19.5.3 Key Information
19.5.4 SWOT Analysis
20. Other Reports in this Series
List of Exhibits
Exhibit 1: Market Research Methodology
Exhibit 2: Types of Microturbines
Exhibit 3: Global Microturbine Market 2013-2018 (US$ million)
Exhibit 4: Global Microturbine Market 2013-2018 (capacity in MW)
Exhibit 5: Global Microturbine Market by Application Segmentation 2013
Exhibit 6: Global Microturbine Market by Application Segmentation 2018
Exhibit 7: Global Microturbine Market by Application Segmentation 2013-2018
Exhibit 8: Global Microturbine Market by CHP Generation Segment 2013-2018 (US$ million)
Exhibit 9: Global Microturbines by Stand-by Power Segment 2013-2018 (US$ million)
Exhibit 10: Global Microturbine Market by End-user Segmentation 2013
Exhibit 11: Global Microturbine Market by End-user Segmentation 2018
Exhibit 12: Global Microturbine Market by End-user Segmentation 2013-2018
Exhibit 13: Global Microturbine Market in the Industrial Segment 2013-2018 (US$ million)
Exhibit 14: Global Microturbine Market by the Commercial Segment 2013-2018 (US$ million)
Exhibit 15: Global Microturbine Market in the Residential Segment 2013-2018 (US$ million)
Exhibit 16: Global Microturbine Market by Geographical Segmentation 2013
Exhibit 17: Global Microturbine Market by Geographical Segmentation 2018
Exhibit 18: Global Microturbine Market by Geographical Segmentation 2013-2018
Exhibit 19: Microturbine Market in the Americas 2013-2018 (US$ million)
Exhibit 20: Microturbine Market in the EMEA Region 2013-2018 (US$ million)
Exhibit 21: Microturbine Market in the APAC Region 2013-2018 (US$ million)
Exhibit 22: Global Energy Consumption 2008-2012 (Mtoe)
Exhibit 23: Business Segmentation of Ansaldo Energia S.p.A
Exhibit 24: Business Segmentation of Bowman Power Group Ltd.
Exhibit 25: Business Segmentation of Elliott Co. Inc.
Exhibit 26: Business Segmentation of FlexEnergy Inc.
Commenting on the report, an analyst from the team said: “One of the major trends being witnessed in the Global Microturbine market is the opportunity to sell excess generated power to the main power grid and thereby offset costs. Many industrial and commercial projects use microturbines for their power requirement during the life span of the projects. During this time, the excess power that is generated can be sold to the main grid, enabling these companies to earn sizable revenue. For generating extra power, many vendors are operating microturbines at the highest practical temperature. This will increase the pressure ratio, which results in higher efficiency and specific power. Hence, the opportunity to sell excess power to the grid will propel the growth of the Global Microturbine market over the next few years.”
According to the report, one of the major drivers in this market is the rising global energy demand. The increasing demand for energy across the globe has a positive influence on the demand for microturbines, which is expected to continue during the remaining years of the forecast period.
Further, the report states that one of the major challenges in this market is the difficulty in interconnection with the power grids. During the injection of electricity generated by microturbines into the power grid, the frequency has to be maintained to avoid any complexity. Moreover, any voltage fluctuations or a difference in the configuration of control wires in the microturbines could lead to interconnection issues, which could result in the wastage of the power generated.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.