Global Microturbines Market - Industry Analysis Size Share Growth Trends and Forecast 2024 - 2031

Product Description

A microturbine is a small scale power generating equipment that produce electrical power by burning either gaseous or liquid fuels. The combustion of these fuels in the turbine produces high speed rotation of the turbine shaft, which then turns an electrical generator for producing electrical power. Microturbines can work using an array of liquid and gaseous fuels including natural gas, biogas, sour gases, gasoline, diesel, kerosene, and heating oil. The Microturbines market revenue was xx Million USD in 2019, grew to xx Million USD in 2023, and will reach xx Million USD in 2031, with a CAGR of xx during 2024-2031. Considering the influence of COVID-19 on the global Microturbines market, this report analyzed the impact from both global and regional perspectives. From production end to consumption end in regions such as North America, Europe, China, and Japan, the report put emphasis on analysis of market under COVID-19 and corresponding response policy in different regions. This report also analyzes the strategies for different companies to deal with the impact of COVID-19 in detail to seek a path to recovery. Under COVID-19 Outbreak, how the Microturbines Industry will develop is also analyzed in detail in Chapter 1.8 of this report. Major Players in Microturbines market are: Microturbine Technology Capstone Eneftech Innovation Elliott Group Ansaldo Energia NewEnCo Brayton Energy LLC Wilson Solarpower Corporation Niigata Power FlexEnergy Toyota Motor Corporation Solar Turbines Incorporated ICR Turbine Engine Corporation Bladon Jets Calnetix Technologies Most important types of Microturbines products covered in this report are: 12–50 KW 51–250 KW Above 250 KW Most widely used downstream fields of Microturbines market covered in this report are: CHP (Combined Heat & Power) Standby Power Major Regions or countries covered in this report: North America Europe China Japan Middle East and Africa South America India South Korea Southeast Asia Others In Chapter 3.4, the report provides analysis of the reasons behind price fluctuations. In chapters 5, 6, and 7, the impact of COVID-19 on the different regions in both production and consumption end and SWOT analysis are pointed out. In Chapters 8, the report presents company's recent development and strategies to deal with the impact of COVID-19.