The Market Reports

Synopsis
The global market for Micro Turbine was estimated to be worth US$ 213 million in 2024 and is forecast to a readjusted size of US$ 396 million by 2031 with a CAGR of 9.3% during the forecast period 2025-2031.
This report provides a comprehensive assessment of recent tariff adjustments and international strategic countermeasures on Micro Turbine cross-border industrial footprints, capital allocation patterns, regional economic interdependencies, and supply chain reconfigurations.
Micro turbine is a relatively new distributed generation technology being used for stationary energy generation applications. It is a type of combustion turbine that produces both heat and electricity on a relatively small scale. Because of their small size, relatively low capital costs, expected low operations and maintenance costs, and automatic electronic control, micro turbines are expected to capture a significant share of the distributed generation market. In addition, micro turbines offer an efficient and clean solution to direct mechanical drive markets such as compression and air-conditioning.
The microturbine market is gaining traction as a flexible and efficient solution for decentralized power generation. Microturbines are compact combustion turbines that produce electricity and, in many cases, useful heat through combined heat and power (CHP) systems. They are well-suited for commercial buildings, industrial facilities, and remote applications where reliable, on-site energy is needed. Their appeal lies in their relatively low emissions, ability to operate on various fuels—including natural gas, biogas, and liquid fuels—and low maintenance requirements compared to traditional reciprocating engines.
Market growth is being driven by increasing demand for cleaner, more efficient energy systems and greater emphasis on energy security and resilience. As governments and industries aim to reduce carbon emissions and transition to sustainable energy solutions, microturbines offer a pathway to achieving these goals, especially in sectors where grid access is limited or unstable. Technological advancements, combined with supportive policy measures and incentives, are encouraging adoption. However, the market still faces challenges, including high upfront costs and competition from alternative distributed energy technologies such as fuel cells and solar-plus-storage systems.
This report aims to provide a comprehensive presentation of the global market for Micro Turbine, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Micro Turbine by region & country, by Type, and by Application.
The Micro Turbine market size, estimations, and forecasts are provided in terms of sales volume (Units) and sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Micro Turbine.
Market Segmentation
By Company
Capstone Green Energy
Ansaldo Energia
FlexEnergy
Bowman Power Group
IHI
BLADON
Aurelia
Segment by Type
12 kW-50 kW
50 kW-250 kW
250 kW-600 kW
Others
Segment by Application
Oil, Gas & Other Natural Resources
Commercial Building
Landfill
Transportation
By Region
North America
United States
Canada
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia-Pacific
Europe
Germany
France
U.K.
Italy
Netherlands
Nordic Countries
Rest of Europe
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size (value, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of Micro Turbine manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Sales, revenue of Micro Turbine in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of Micro Turbine in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.

Index