Micro Turbine Market
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Micro Turbine Market Scope: Industry Analysis, Market Size, Growth, Trends Till 2031
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Micro Turbine Market Size and Growth
The global micro turbine market research report highlights strong growth potential driven by increasing energy demands and emphasis on clean energy sources. The market is projected to reach a size of $420 million by 2025, fueled by advancements in technology and rising applications across various industries. Request Sample Report
Companies Covered
(Covid 19 Impact Covered)
◍ Capstone Turbine
◍ Ansaldo Energia
◍ FlexEnergy
◍ IHI
The Micro Turbine Market is highly competitive with key players such as Capstone Turbine, Ansaldo Energia, FlexEnergy, and IHI dominating the market. These companies provide advanced micro turbine solutions for various applications such as distributed power generation, combined heat and power, and waste heat recovery, contributing to the growth of the market.
- Capstone Turbine: $81.4 million (FY2020)
- Ansaldo Energia: $2.5 billion (FY2019)
- IHI: $5.98 billion (FY2020)
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Market Segmentation
By Application By Product
◍ Oil, Gas & Other Natural Resources
◍ Commercial Building
◍ Landfill
◍ Transportation
◍ 12 kW-50 kW
◍ 50 kW-250 kW
◍ 250 kW-600 kW
◍ Others
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Market Growth
$ 1.80 Billion
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