Global Micro Turbine Supply, Demand and Key Producers, 2024-2030

Description

The global Micro Turbine market size is expected to reach $ 84 million by 2030, rising at a market growth of 2.3% CAGR during the forecast period (2024-2030).

Currently, some companies in the world can produce micro turbine product, mainly concentrating in USA. The main market players are Capstone Turbine, Ansaldo Energia, FlexEnergy and IHI, etc. Capstone Turbine is a global leader of this industry, with global sales market share of 71%.

Micro turbine can be classified by rated capacity as three major types, 50 kW~250 kW is the majority type; the global production volume market share of it was 42%. Micro turbine can be widely used in oil, gas & other natural resources industry, commercial building, landfill, transportation and others.

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.

This report studies the global Micro Turbine production, demand, key manufacturers, and key regions.

This report is a detailed and comprehensive analysis of the world market for Micro Turbine, and provides market size (US$ million) and Year-over-Year (YoY) Growth, considering 2023 as the base year. This report explores demand trends and competition, as well as details the characteristics of Micro Turbine that contribute to its increasing demand across many markets.

Highlights and key features of the study
Global Micro Turbine total production and demand, 2019-2030, (Units)
Global Micro Turbine total production value, 2019-2030, (USD Million)
Global Micro Turbine production by region & country, production, value, CAGR, 2019-2030, (USD Million) & (Units)
Global Micro Turbine consumption by region & country, CAGR, 2019-2030 & (Units)
U.S. VS China: Micro Turbine domestic production, consumption, key domestic manufacturers and share
Global Micro Turbine production by manufacturer, production, price, value and market share 2019-2024, (USD Million) & (Units)
Global Micro Turbine production by Type, production, value, CAGR, 2019-2030, (USD Million) & (Units)
Global Micro Turbine production by Application production, value, CAGR, 2019-2030, (USD Million) & (Units).

This reports profiles key players in the global Micro Turbine market based on the following parameters – company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Capstone Turbine, Ansaldo Energia, FlexEnergy and IHI, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World Micro Turbine market.

Detailed Segmentation:
Each section contains quantitative market data including market by value (US$ Millions), volume (production, consumption) & (Units) and average price (K USD/Unit) by manufacturer, by Type, and by Application. Data is given for the years 2019-2030 by year with 2023 as the base year, 2024 as the estimate year, and 2025-2030 as the forecast year.

Global Micro Turbine Market, By Region:
    United States
    China
    Europe
    Japan
    South Korea
    ASEAN
    India
    Rest of World

Global Micro Turbine Market, Segmentation by Type
    12 kW-50 kW
    50 kW-250 kW
    250 kW-600 kW
    Others

Global Micro Turbine Market, Segmentation by Application
    Oil, Gas & Other Natural Resources
    Commercial Building
    Landfill
    Transportation

Companies Profiled:
    Capstone Turbine
    Ansaldo Energia
    FlexEnergy
    IHI

Key Questions Answered
1. How big is the global Micro Turbine market?
2. What is the demand of the global Micro Turbine market?
3. What is the year over year growth of the global Micro Turbine market?
4. What is the production and production value of the global Micro Turbine market?
5. Who are the key producers in the global Micro Turbine market?

Table of Contents

1 Supply Summary
    1.1 Micro Turbine Introduction
    1.2 World Micro Turbine Supply & Forecast
        1.2.1 World Micro Turbine Production Value (2019 & 2023 & 2030)
        1.2.2 World Micro Turbine Production (2019-2030)
        1.2.3 World Micro Turbine Pricing Trends (2019-2030)
    1.3 World Micro Turbine Production by Region (Based on Production Site)
        1.3.1 World Micro Turbine Production Value by Region (2019-2030)
        1.3.2 World Micro Turbine Production by Region (2019-2030)
        1.3.3 World Micro Turbine Average Price by Region (2019-2030)
        1.3.4 North America Micro Turbine Production (2019-2030)
        1.3.5 Europe Micro Turbine Production (2019-2030)
        1.3.6 China Micro Turbine Production (2019-2030)
        1.3.7 Japan Micro Turbine Production (2019-2030)
    1.4 Market Drivers, Restraints and Trends
        1.4.1 Micro Turbine Market Drivers
        1.4.2 Factors Affecting Demand
        1.4.3 Micro Turbine Major Market Trends

2 Demand Summary
    2.1 World Micro Turbine Demand (2019-2030)
    2.2 World Micro Turbine Consumption by Region
        2.2.1 World Micro Turbine Consumption by Region (2019-2024)
        2.2.2 World Micro Turbine Consumption Forecast by Region (2025-2030)
    2.3 United States Micro Turbine Consumption (2019-2030)
    2.4 China Micro Turbine Consumption (2019-2030)
    2.5 Europe Micro Turbine Consumption (2019-2030)
    2.6 Japan Micro Turbine Consumption (2019-2030)
    2.7 South Korea Micro Turbine Consumption (2019-2030)
    2.8 ASEAN Micro Turbine Consumption (2019-2030)
    2.9 India Micro Turbine Consumption (2019-2030)

3 World Micro Turbine Manufacturers Competitive Analysis
    3.1 World Micro Turbine Production Value by Manufacturer (2019-2024)
    3.2 World Micro Turbine Production by Manufacturer (2019-2024)
    3.3 World Micro Turbine Average Price by Manufacturer (2019-2024)
    3.4 Micro Turbine Company Evaluation Quadrant
    3.5 Industry Rank and Concentration Rate (CR)
        3.5.1 Global Micro Turbine Industry Rank of Major Manufacturers
        3.5.2 Global Concentration Ratios (CR4) for Micro Turbine in 2023
        3.5.3 Global Concentration Ratios (CR8) for Micro Turbine in 2023
    3.6 Micro Turbine Market: Overall Company Footprint Analysis
        3.6.1 Micro Turbine Market: Region Footprint
        3.6.2 Micro Turbine Market: Company Product Type Footprint
        3.6.3 Micro Turbine Market: Company Product Application Footprint
    3.7 Competitive Environment
        3.7.1 Historical Structure of the Industry
        3.7.2 Barriers of Market Entry
        3.7.3 Factors of Competition
    3.8 New Entrant and Capacity Expansion Plans
    3.9 Mergers, Acquisition, Agreements, and Collaborations

4 United States VS China VS Rest of the World
    4.1 United States VS China: Micro Turbine Production Value Comparison
        4.1.1 United States VS China: Micro Turbine Production Value Comparison (2019 & 2023 & 2030)
        4.1.2 United States VS China: Micro Turbine Production Value Market Share Comparison (2019 & 2023 & 2030)
    4.2 United States VS China: Micro Turbine Production Comparison
        4.2.1 United States VS China: Micro Turbine Production Comparison (2019 & 2023 & 2030)
        4.2.2 United States VS China: Micro Turbine Production Market Share Comparison (2019 & 2023 & 2030)
    4.3 United States VS China: Micro Turbine Consumption Comparison
        4.3.1 United States VS China: Micro Turbine Consumption Comparison (2019 & 2023 & 2030)
        4.3.2 United States VS China: Micro Turbine Consumption Market Share Comparison (2019 & 2023 & 2030)
    4.4 United States Based Micro Turbine Manufacturers and Market Share, 2019-2024
        4.4.1 United States Based Micro Turbine Manufacturers, Headquarters and Production Site (States, Country)
        4.4.2 United States Based Manufacturers Micro Turbine Production Value (2019-2024)
        4.4.3 United States Based Manufacturers Micro Turbine Production (2019-2024)
    4.5 China Based Micro Turbine Manufacturers and Market Share
        4.5.1 China Based Micro Turbine Manufacturers, Headquarters and Production Site (Province, Country)
        4.5.2 China Based Manufacturers Micro Turbine Production Value (2019-2024)
        4.5.3 China Based Manufacturers Micro Turbine Production (2019-2024)
    4.6 Rest of World Based Micro Turbine Manufacturers and Market Share, 2019-2024
        4.6.1 Rest of World Based Micro Turbine Manufacturers, Headquarters and Production Site (State, Country)
        4.6.2 Rest of World Based Manufacturers Micro Turbine Production Value (2019-2024)
        4.6.3 Rest of World Based Manufacturers Micro Turbine Production (2019-2024)

5 Market Analysis by Type
    5.1 World Micro Turbine Market Size Overview by Type: 2019 VS 2023 VS 2030
    5.2 Segment Introduction by Type
        5.2.1 12 kW-50 kW
        5.2.2 50 kW-250 kW
        5.2.3 250 kW-600 kW
        5.2.4 Others
    5.3 Market Segment by Type
        5.3.1 World Micro Turbine Production by Type (2019-2030)
        5.3.2 World Micro Turbine Production Value by Type (2019-2030)
        5.3.3 World Micro Turbine Average Price by Type (2019-2030)

6 Market Analysis by Application
    6.1 World Micro Turbine Market Size Overview by Application: 2019 VS 2023 VS 2030
    6.2 Segment Introduction by Application
        6.2.1 Oil, Gas & Other Natural Resources
        6.2.2 Commercial Building
        6.2.3 Landfill
        6.2.4 Transportation
    6.3 Market Segment by Application
        6.3.1 World Micro Turbine Production by Application (2019-2030)
        6.3.2 World Micro Turbine Production Value by Application (2019-2030)
        6.3.3 World Micro Turbine Average Price by Application (2019-2030)

7 Company Profiles
    7.1 Capstone Turbine
        7.1.1 Capstone Turbine Details
        7.1.2 Capstone Turbine Major Business
        7.1.3 Capstone Turbine Micro Turbine Product and Services
        7.1.4 Capstone Turbine Micro Turbine Production, Price, Value, Gross Margin and Market Share (2019-2024)
        7.1.5 Capstone Turbine Recent Developments/Updates
        7.1.6 Capstone Turbine Competitive Strengths & Weaknesses
    7.2 Ansaldo Energia
        7.2.1 Ansaldo Energia Details
        7.2.2 Ansaldo Energia Major Business
        7.2.3 Ansaldo Energia Micro Turbine Product and Services
        7.2.4 Ansaldo Energia Micro Turbine Production, Price, Value, Gross Margin and Market Share (2019-2024)
        7.2.5 Ansaldo Energia Recent Developments/Updates
        7.2.6 Ansaldo Energia Competitive Strengths & Weaknesses
    7.3 FlexEnergy
        7.3.1 FlexEnergy Details
        7.3.2 FlexEnergy Major Business
        7.3.3 FlexEnergy Micro Turbine Product and Services
        7.3.4 FlexEnergy Micro Turbine Production, Price, Value, Gross Margin and Market Share (2019-2024)
        7.3.5 FlexEnergy Recent Developments/Updates
        7.3.6 FlexEnergy Competitive Strengths & Weaknesses
    7.4 IHI
        7.4.1 IHI Details
        7.4.2 IHI Major Business
        7.4.3 IHI Micro Turbine Product and Services
        7.4.4 IHI Micro Turbine Production, Price, Value, Gross Margin and Market Share (2019-2024)
        7.4.5 IHI Recent Developments/Updates
        7.4.6 IHI Competitive Strengths & Weaknesses

8 Industry Chain Analysis
    8.1 Micro Turbine Industry Chain
    8.2 Micro Turbine Upstream Analysis
        8.2.1 Micro Turbine Core Raw Materials
        8.2.2 Main Manufacturers of Micro Turbine Core Raw Materials
    8.3 Midstream Analysis
    8.4 Downstream Analysis
    8.5 Micro Turbine Production Mode
    8.6 Micro Turbine Procurement Model
    8.7 Micro Turbine Industry Sales Model and Sales Channels
        8.7.1 Micro Turbine Sales Model
        8.7.2 Micro Turbine Typical Customers

9 Research Findings and Conclusion

10 Appendix
    10.1 Methodology
    10.2 Research Process and Data Source
    10.3 Disclaimer

Table of Figures

List of Tables
    Table 1. World Micro Turbine Production Value by Region (2019, 2023 and 2030) & (USD Million)
    Table 2. World Micro Turbine Production Value by Region (2019-2024) & (USD Million)
    Table 3. World Micro Turbine Production Value by Region (2025-2030) & (USD Million)
    Table 4. World Micro Turbine Production Value Market Share by Region (2019-2024)
    Table 5. World Micro Turbine Production Value Market Share by Region (2025-2030)
    Table 6. World Micro Turbine Production by Region (2019-2024) & (Units)
    Table 7. World Micro Turbine Production by Region (2025-2030) & (Units)
    Table 8. World Micro Turbine Production Market Share by Region (2019-2024)
    Table 9. World Micro Turbine Production Market Share by Region (2025-2030)
    Table 10. World Micro Turbine Average Price by Region (2019-2024) & (K USD/Unit)
    Table 11. World Micro Turbine Average Price by Region (2025-2030) & (K USD/Unit)
    Table 12. Micro Turbine Major Market Trends
    Table 13. World Micro Turbine Consumption Growth Rate Forecast by Region (2019 & 2023 & 2030) & (Units)
    Table 14. World Micro Turbine Consumption by Region (2019-2024) & (Units)
    Table 15. World Micro Turbine Consumption Forecast by Region (2025-2030) & (Units)
    Table 16. World Micro Turbine Production Value by Manufacturer (2019-2024) & (USD Million)
    Table 17. Production Value Market Share of Key Micro Turbine Producers in 2023
    Table 18. World Micro Turbine Production by Manufacturer (2019-2024) & (Units)
    Table 19. Production Market Share of Key Micro Turbine Producers in 2023
    Table 20. World Micro Turbine Average Price by Manufacturer (2019-2024) & (K USD/Unit)
    Table 21. Global Micro Turbine Company Evaluation Quadrant
    Table 22. World Micro Turbine Industry Rank of Major Manufacturers, Based on Production Value in 2023
    Table 23. Head Office and Micro Turbine Production Site of Key Manufacturer
    Table 24. Micro Turbine Market: Company Product Type Footprint
    Table 25. Micro Turbine Market: Company Product Application Footprint
    Table 26. Micro Turbine Competitive Factors
    Table 27. Micro Turbine New Entrant and Capacity Expansion Plans
    Table 28. Micro Turbine Mergers & Acquisitions Activity
    Table 29. United States VS China Micro Turbine Production Value Comparison, (2019 & 2023 & 2030) & (USD Million)
    Table 30. United States VS China Micro Turbine Production Comparison, (2019 & 2023 & 2030) & (Units)
    Table 31. United States VS China Micro Turbine Consumption Comparison, (2019 & 2023 & 2030) & (Units)
    Table 32. United States Based Micro Turbine Manufacturers, Headquarters and Production Site (States, Country)
    Table 33. United States Based Manufacturers Micro Turbine Production Value, (2019-2024) & (USD Million)
    Table 34. United States Based Manufacturers Micro Turbine Production Value Market Share (2019-2024)
    Table 35. United States Based Manufacturers Micro Turbine Production (2019-2024) & (Units)
    Table 36. United States Based Manufacturers Micro Turbine Production Market Share (2019-2024)
    Table 37. China Based Micro Turbine Manufacturers, Headquarters and Production Site (Province, Country)
    Table 38. China Based Manufacturers Micro Turbine Production Value, (2019-2024) & (USD Million)
    Table 39. China Based Manufacturers Micro Turbine Production Value Market Share (2019-2024)
    Table 40. China Based Manufacturers Micro Turbine Production (2019-2024) & (Units)
    Table 41. China Based Manufacturers Micro Turbine Production Market Share (2019-2024)
    Table 42. Rest of World Based Micro Turbine Manufacturers, Headquarters and Production Site (States, Country)
    Table 43. Rest of World Based Manufacturers Micro Turbine Production Value, (2019-2024) & (USD Million)
    Table 44. Rest of World Based Manufacturers Micro Turbine Production Value Market Share (2019-2024)
    Table 45. Rest of World Based Manufacturers Micro Turbine Production (2019-2024) & (Units)
    Table 46. Rest of World Based Manufacturers Micro Turbine Production Market Share (2019-2024)
    Table 47. World Micro Turbine Production Value by Type, (USD Million), 2019 & 2023 & 2030
    Table 48. World Micro Turbine Production by Type (2019-2024) & (Units)
    Table 49. World Micro Turbine Production by Type (2025-2030) & (Units)
    Table 50. World Micro Turbine Production Value by Type (2019-2024) & (USD Million)
    Table 51. World Micro Turbine Production Value by Type (2025-2030) & (USD Million)
    Table 52. World Micro Turbine Average Price by Type (2019-2024) & (K USD/Unit)
    Table 53. World Micro Turbine Average Price by Type (2025-2030) & (K USD/Unit)
    Table 54. World Micro Turbine Production Value by Application, (USD Million), 2019 & 2023 & 2030
    Table 55. World Micro Turbine Production by Application (2019-2024) & (Units)
    Table 56. World Micro Turbine Production by Application (2025-2030) & (Units)
    Table 57. World Micro Turbine Production Value by Application (2019-2024) & (USD Million)
    Table 58. World Micro Turbine Production Value by Application (2025-2030) & (USD Million)
    Table 59. World Micro Turbine Average Price by Application (2019-2024) & (K USD/Unit)
    Table 60. World Micro Turbine Average Price by Application (2025-2030) & (K USD/Unit)
    Table 61. Capstone Turbine Basic Information, Manufacturing Base and Competitors
    Table 62. Capstone Turbine Major Business
    Table 63. Capstone Turbine Micro Turbine Product and Services
    Table 64. Capstone Turbine Micro Turbine Production (Units), Price (K USD/Unit), Production Value (USD Million), Gross Margin and Market Share (2019-2024)
    Table 65. Capstone Turbine Recent Developments/Updates
    Table 66. Capstone Turbine Competitive Strengths & Weaknesses
    Table 67. Ansaldo Energia Basic Information, Manufacturing Base and Competitors
    Table 68. Ansaldo Energia Major Business
    Table 69. Ansaldo Energia Micro Turbine Product and Services
    Table 70. Ansaldo Energia Micro Turbine Production (Units), Price (K USD/Unit), Production Value (USD Million), Gross Margin and Market Share (2019-2024)
    Table 71. Ansaldo Energia Recent Developments/Updates
    Table 72. Ansaldo Energia Competitive Strengths & Weaknesses
    Table 73. FlexEnergy Basic Information, Manufacturing Base and Competitors
    Table 74. FlexEnergy Major Business
    Table 75. FlexEnergy Micro Turbine Product and Services
    Table 76. FlexEnergy Micro Turbine Production (Units), Price (K USD/Unit), Production Value (USD Million), Gross Margin and Market Share (2019-2024)
    Table 77. FlexEnergy Recent Developments/Updates
    Table 78. IHI Basic Information, Manufacturing Base and Competitors
    Table 79. IHI Major Business
    Table 80. IHI Micro Turbine Product and Services
    Table 81. IHI Micro Turbine Production (Units), Price (K USD/Unit), Production Value (USD Million), Gross Margin and Market Share (2019-2024)
    Table 82. Global Key Players of Micro Turbine Upstream (Raw Materials)
    Table 83. Micro Turbine Typical Customers
    Table 84. Micro Turbine Typical Distributors
List of Figure
    Figure 1. Micro Turbine Picture
    Figure 2. World Micro Turbine Production Value: 2019 & 2023 & 2030, (USD Million)
    Figure 3. World Micro Turbine Production Value and Forecast (2019-2030) & (USD Million)
    Figure 4. World Micro Turbine Production (2019-2030) & (Units)
    Figure 5. World Micro Turbine Average Price (2019-2030) & (K USD/Unit)
    Figure 6. World Micro Turbine Production Value Market Share by Region (2019-2030)
    Figure 7. World Micro Turbine Production Market Share by Region (2019-2030)
    Figure 8. North America Micro Turbine Production (2019-2030) & (Units)
    Figure 9. Europe Micro Turbine Production (2019-2030) & (Units)
    Figure 10. China Micro Turbine Production (2019-2030) & (Units)
    Figure 11. Japan Micro Turbine Production (2019-2030) & (Units)
    Figure 12. Micro Turbine Market Drivers
    Figure 13. Factors Affecting Demand
    Figure 14. World Micro Turbine Consumption (2019-2030) & (Units)
    Figure 15. World Micro Turbine Consumption Market Share by Region (2019-2030)
    Figure 16. United States Micro Turbine Consumption (2019-2030) & (Units)
    Figure 17. China Micro Turbine Consumption (2019-2030) & (Units)
    Figure 18. Europe Micro Turbine Consumption (2019-2030) & (Units)
    Figure 19. Japan Micro Turbine Consumption (2019-2030) & (Units)
    Figure 20. South Korea Micro Turbine Consumption (2019-2030) & (Units)
    Figure 21. ASEAN Micro Turbine Consumption (2019-2030) & (Units)
    Figure 22. India Micro Turbine Consumption (2019-2030) & (Units)
    Figure 23. Producer Shipments of Micro Turbine by Manufacturer Revenue ($MM) and Market Share (%): 2023
    Figure 24. Global Four-firm Concentration Ratios (CR4) for Micro Turbine Markets in 2023
    Figure 25. Global Four-firm Concentration Ratios (CR8) for Micro Turbine Markets in 2023
    Figure 26. United States VS China: Micro Turbine Production Value Market Share Comparison (2019 & 2023 & 2030)
    Figure 27. United States VS China: Micro Turbine Production Market Share Comparison (2019 & 2023 & 2030)
    Figure 28. United States VS China: Micro Turbine Consumption Market Share Comparison (2019 & 2023 & 2030)
    Figure 29. United States Based Manufacturers Micro Turbine Production Market Share 2023
    Figure 30. China Based Manufacturers Micro Turbine Production Market Share 2023
    Figure 31. Rest of World Based Manufacturers Micro Turbine Production Market Share 2023
    Figure 32. World Micro Turbine Production Value by Type, (USD Million), 2019 & 2023 & 2030
    Figure 33. World Micro Turbine Production Value Market Share by Type in 2023
    Figure 34. 12 kW-50 kW
    Figure 35. 50 kW-250 kW
    Figure 36. 250 kW-600 kW
    Figure 37. Others
    Figure 38. World Micro Turbine Production Market Share by Type (2019-2030)
    Figure 39. World Micro Turbine Production Value Market Share by Type (2019-2030)
    Figure 40. World Micro Turbine Average Price by Type (2019-2030) & (K USD/Unit)
    Figure 41. World Micro Turbine Production Value by Application, (USD Million), 2019 & 2023 & 2030
    Figure 42. World Micro Turbine Production Value Market Share by Application in 2023
    Figure 43. Oil, Gas & Other Natural Resources
    Figure 44. Commercial Building
    Figure 45. Landfill
    Figure 46. Transportation
    Figure 47. World Micro Turbine Production Market Share by Application (2019-2030)
    Figure 48. World Micro Turbine Production Value Market Share by Application (2019-2030)
    Figure 49. World Micro Turbine Average Price by Application (2019-2030) & (K USD/Unit)
    Figure 50. Micro Turbine Industry Chain
    Figure 51. Micro Turbine Procurement Model
    Figure 52. Micro Turbine Sales Model
    Figure 53. Micro Turbine Sales Channels, Direct Sales, and Distribution
    Figure 54. Methodology
    Figure 55. Research Process and Data Source

Companies Mentioned

Capstone Turbine
Ansaldo Energia
FlexEnergy
IHI