Air Handling Units Market Research Report- Forecast till 2027
Global Micro turbine Market in- Depth Analysis Report Forecast to 2023
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Copyright Š 2017 Market Research Future.
Micro turbine Market Research Report- Forecast till 2023
Global Micro Turbine Market Information Report by Application (Cogeneration, Standby Power), Power Rating (12 kW -50 kW, 50 kW-250 kW, 250 kW-500 kW), End-Use (Industrial, Commercial, Residential) and Region - Global Forecast To 2023
Market Scenario: Micro turbines are increasingly being used as a distributed energy generation source these days, owing to increasing demand of clean energy, aging grid infrastructure, and easy fuel availability. The focus on green energy generation along with producing heat for industrial & commercial or residential activities, along with increasing demand of cogeneration application is anticipated to shift trends towards micro turbines. With the growing environmental concerns for global warming, due to burning of fossil fuels, cogeneration application is expected to dominate the micro turbine market during the forecast period. Global micro turbine market is led by North America, owing to growing awareness of carbon footprint and increased consumption of energy in the region. The U.S. dominates the North America micro turbine market, mainly driven by increased demand for alternative energy sources, and rising number of coal and nuclear power plants to be decommissioned coupled with stringent environmental regulations. In North America, retiring power plants, fluctuating weather situations, and unreliable grid operations are creating growth opportunities for micro turbines market. The region is expected to witness largest market share by 2023.
Key Players: The key players of the global micro turbine market are Capstone Turbine Corporation (U.S.), FlexEnergy, Inc. (U.S.), Ansaldo Energia S.p.A (Italy), and Brayton Energy LLC. (U.S.), Eneftech Innovation SA (Switzerland), Microturbine Technology BV (the Netherlands), Wilson Solarpower Corporation (U.S.), ICR Turbine Engine Corporation (U.S.), Calnetix Technologies LLC (U.S.), Toyota Motor Corporation (Japan), and Bladon Jets (Isle of Man) among others.
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Copyright Š 2018 Market Research Future.
Micro turbine Market Research Report- Forecast till 2023
Regional Analysis of Air Handling Units The cogeneration segment holds the largest share of micro turbine market currently and is expected to continue in the forecast period. Industries are trying to generate their own energy and heat for industrial processes, thereby reducing the dependence on grid power and save energy costs. Cogeneration application is the largest market for micro turbine as it helps reduce carbon emissions by reducing the use of fossil fuels, and produce clean energy. Micro turbine market is projected to have significant growth due to increasing energy demand, rising concerns and strict environmental regulations.
Scope of Market: The report for Global Micro Turbine Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.
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Copyright Š 2018 Market Research Future.
Air Handling Units Market Research Report- Forecast till 2027
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Copyright Š 2017 Market Research Future.