Global Microturbine Market 2016-2020

  • ID: 3846174
  • Report
  • Region: Global
  • 63 pages
  • TechNavio
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FEATURED COMPANIES

  • Ansaldo Energia
  • Bladon Jets
  • Capstone Turbine
  • FlexEnergy
  • Micro Turbine Tech BV
  • MME
  • MORE
1h Free Analyst Time

Speak directly to the analyst to clarify any post sales queries you may have.

About Microturbines

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.

The analysts forecast the global microturbine market to grow at a CAGR of 21.32% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the global microturbine market for 2016-2020. To calculate the market size, the report considers the revenue generated by the demand for microturbines for its application by end-users in each region and their corresponding key countries.

The market is divided into the following segments based on geography:

- Americas
- APAC
- EMEA

The report, Global Microturbine Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
- Ansaldo Energia
- Bladon Jets
- Capstone Turbine
- FlexEnergy

Other prominent vendors
- Micro Turbine Tech BV
- Wilson Solarpower
- MME

Market drivers
- Decommissioning of nuclear power plants creating a market opening for microturbines

Market challenges
- Competition from renewable energy options and fuel cell technology

Market trends
- Mixed impact of government policies and subsidies on microturbine market in the US

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?

You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report.
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Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Ansaldo Energia
  • Bladon Jets
  • Capstone Turbine
  • FlexEnergy
  • Micro Turbine Tech BV
  • MME
  • MORE
1h Free Analyst Time

Speak directly to the analyst to clarify any post sales queries you may have.

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.
PART 16: Appendix
  • List of abbreviations
PART 17: About the Author

List of Exhibits

Exhibit 01: Key countries in each region
Exhibit 02: Product offerings
Exhibit 03: Standard microturbine diagram
Exhibit 04: Global microturbine market overview
Exhibit 05: Global microturbine market 2015-2020 ($ millions)
Exhibit 06: Five forces analysis
Exhibit 07: Global microturbine market by application 2015-2020 (in %)
Exhibit 08: Global microturbine market by application 2015-2020 ($ millions)
Exhibit 09: Global microturbine market by cogeneration segment 2015-2020 ($ millions)
Exhibit 10: Global microturbine market by stand-by power segment 2015-2020 ($ millions)
Exhibit 11: Global microturbine market by end-users 2015-2020 (in %)
Exhibit 12: Global microturbine market by end-users 2015-2020 ($ millions)
Exhibit 13: Global microturbine market by industrial users 2015-2020 ($ millions)
Exhibit 14: Global microturbine market by commercial users 2015-2020 ($ millions)
Exhibit 15: Global microturbine market by residential users 2015-2020 ($ millions)
Exhibit 16: Global microturbine market by geography 2015
Exhibit 17: Global microturbine market by geography 2015-2020
Exhibit 18: Microturbine market in Americas 2015-2020 ($ millions)
Exhibit 19: Microturbine market in EMEA 2015-2020 ($ millions)
Exhibit 20: Microturbine market in APAC 2015-2020 ($ millions)
Exhibit 21: Impact of drivers
Exhibit 22: Impact of drivers and challenges
Exhibit 23: Evolution of EU fuel specifications (NOx) for passenger cars
Exhibit 24: Power installation cost per kW of different power generation sources
Exhibit 25: Global mobile cellular subscriptions per 100 people 2010-2014
Exhibit 26: Estimated global telecom tower installations
Exhibit 27: Other prominent vendors
Exhibit 28: Products offered by Capstone Turbine Corporation
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FEATURED COMPANIES

  • Ansaldo Energia
  • Bladon Jets
  • Capstone Turbine
  • FlexEnergy
  • Micro Turbine Tech BV
  • MME
  • MORE
1h Free Analyst Time

Speak directly to the analyst to clarify any post sales queries you may have.

New Report Released: - Global Microturbine Market 2016-2020

The author of the report recognizes the following companies as the key players in the global microturbine market: Ansaldo Energia, Bladon Jets, Capstone Turbine, and FlexEnergy.

Other Prominent Vendors in the market are: Micro Turbine Tech BV, Wilson Solarpower, and MME.

Commenting on the report, an analyst from the research team said: “One of the key trends for market growth will be mixed impact of government policies and subsidies on microturbine market in the US. The US is quite a peculiar market and one of the most important ones for microturbines. Under the ITC Scheme, microturbines are eligible for a credit equal to 10% of expenditures, with the capping at $200 per kW of capacity. However, the ITC Scheme for certain clean technologies, namely CHP, microturbines, and fuel cells, is expiring in December 2016. Talks for extension of ITC Scheme for another five years,”

According to the report, one of the key drivers for market growth will be rise in adoption of distributed generation capacity propelling microturbines. Power generation, across countries in the world, is moving from centralized to integrated networks with increased reliance on distributed power generation systems. Distributed power technologies are less than 100 MW in size, with the standard being less than 50 MW, which is the limit that distribution systems can accommodate at distribution voltages. Distributed power technologies are characterized by high flexibility and are suited for a wide range of applications such as electric power, propulsion, and mechanical power. Distributed power technologies can operate in the stand-alone mode as well as work in an integrated system catering to the need of both large and small energy users.

Further, the report states that microturbine is a relatively new technology compared with its gas engine counterparts. The target customers of microturbines market would already have a source of energy. This makes companies reluctant to try out a new technology. Moreover, the initial switchover cost poses a hurdle to companies adopting a new product. Although the overall operating costs might be similar or even lesser for microturbines, the perceived high capital costs (for installation and commissioning) pose a challenge for the microturbine vendors. Due to limited years of presence in the market, customers are wary about the safety, maintenance, and repair cost associated with microturbines.

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.
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1h Free Analyst Time

Speak directly to the analyst to clarify any post sales queries you may have.

- Ansaldo Energia
- Bladon Jets
- Capstone Turbine
- FlexEnergy
- Micro Turbine Tech BV
- Wilson Solarpower
- MME
Note: Product cover images may vary from those shown
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