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Microturbine Market Size, Share & Industry Analysis, By Power Rating (Up to 50 kW, 51 kW-250 kW, 251-500 kW, and 501-1000 kW), By Application (Combined Heat & Power (CHP) and Standby Power), By End-user (Residential, Commercial, and Industrial) and Regional Forecasts 2024-2032

Last Updated: February 03, 2025 | Format: PDF | Report ID: FBI100514

 

  1. Introduction
    1. Research Scope
    2. Market Segmentation
    3. Research Methodology
    4. Definitions and Assumptions
  2. Executive Summary
  3. Market Dynamics
    1. Market Drivers
    2. Market Restraints
    3. Market Opportunities
  4. Key Insights
    1. Key Emerging Trends – For Major Countries
    2. Latest Technological Advancement
    3. Regulatory Landscape
    4. Porters Five Forces Analysis
    5. Impact of COVID-19 on the Microturbine Market
  5. Global Microturbine Market Analysis (Units, USD Million), Insights and Forecast, 2019-2032
    1. Key Findings / Summary
    2. Market Analysis, Insights and Forecast – By Power Rating
      1. Up to 50kW
      2. 51 kW-250kW
      3. 251-500kW
      4. Above 500kW
    3. Market Analysis, Insights and Forecast – By Application
      1. Combined Heat and Power (CHP)
      2. Standby Power
    4. Market Analysis, Insights and Forecast – By End-user
      1. Residential
      2. Commercial
      3. Industrial
    5. Market Analysis, Insights and Forecast – By Region
      1. North America
      2. Europe
      3. Asia Pacific
      4. Latin America
      5. Middle East & Africa
  6. North America Microturbine Market Analysis (Units, USD Million), Insights and Forecast, 2019-2032
    1. Key Findings / Summary
    2. Market Analysis, Insights and Forecast – By Power Rating
      1. Up to 50kW
      2. 51 kW-250kW
      3. 251-500kW
      4. Above 500kW
    3. Market Analysis, Insights and Forecast – By Application
      1. Combined Heat and Power (CHP)
      2. Standby Power
    4. Market Analysis, Insights and Forecast – By End-user
      1. Residential
      2. Commercial
      3. Industrial
    5. Market Analysis, Insights and Forecast – By Country
      1. U.S. Market Analysis, Insights and Forecast – By Application
        1. CHP
        2. Standby Power
      2. Canada Market Analysis, Insights and Forecast – By Application
        1. CHP
        2. Standby Power
  7. Europe Microturbine Market Analysis (Units, USD Million), Insights and Forecast, 2019-2032
    1. Key Findings / Summary
    2. Market Analysis, Insights and Forecast – By Power Rating
      1. Up to 50kW
      2. 51 kW-250kW
      3. 251-500kW
      4. Above 500kW
    3. Market Analysis, Insights and Forecast – By Application
      1. Combined Heat and Power (CHP)
      2. Standby Power
    4. Market Analysis, Insights and Forecast – By End-user
      1. Residential
      2. Commercial
      3. Industrial
    5. Market Analysis, Insights and Forecast – By Country
      1. U.K. Market Analysis, Insights and Forecast – By Application
        1. CHP
        2. Standby Power
      2. Germany Market Analysis, Insights and Forecast – By Application
        1. CHP
        2. Standby Power
      3. France Market Analysis, Insights and Forecast – By Application
        1. CHP
        2. Standby Power
      4. Italy Market Analysis, Insights and Forecast – By Application
        1. CHP
        2. Standby Power
      5. Spain Market Analysis, Insights and Forecast – By Application
        1. CHP
        2. Standby Power
      6. Russia Market Analysis, Insights and Forecast – By Application
        1. CHP
        2. Standby Power
      7. Rest of Europe Market Analysis, Insights and Forecast – By Application
        1. CHP
        2. Standby Power
  8. Asia Pacific Microturbine Market Analysis (Units, USD Million), Insights and Forecast, 2019-2032
    1. Key Findings / Summary
    2. Market Analysis, Insights and Forecast – By Power Rating
      1. Up to 50kW
      2. 51 kW-250kW
      3. 251-500kW
      4. Above 500kW
    3. Market Analysis, Insights and Forecast – By Application
      1. Combined Heat and Power (CHP)
      2. Standby Power
    4. Market Analysis, Insights and Forecast – By End-user
      1. Residential
      2. Commercial
      3. Industrial
    5. Market Analysis, Insights and Forecast – By Country
      1. China Market Analysis, Insights and Forecast – By Application
        1. CHP
        2. Standby Power
      2. India Market Analysis, Insights and Forecast – By Application
        1. CHP
        2. Standby Power
      3. Australia Market Analysis, Insights and Forecast – By Application
        1. CHP
        2. Standby Power
      4. Southeast Asia Market Analysis, Insights and Forecast – By Application
        1. CHP
        2. Standby Power
      5. Rest of Asia Pacific Market Analysis, Insights and Forecast – By Application
        1. CHP
        2. Standby Power
  9. Latin America Microturbine Market Analysis (Units, USD Million), Insights and Forecast, 2019-2032
    1. Key Findings / Summary
    2. Market Analysis, Insights and Forecast – By Power Rating
      1. Up to 50kW
      2. 51 kW-250kW
      3. 251-500kW
      4. Above 500kW
    3. Market Analysis, Insights and Forecast – By Application
      1. Combined Heat and Power (CHP)
      2. Standby Power
    4. Market Analysis, Insights and Forecast – By End-user
      1. Residential
      2. Commercial
      3. Industrial
    5. Market Analysis, Insights and Forecast – By Country
      1. Brazil Market Analysis, Insights and Forecast – By Application
        1. CHP
        2. Standby Power
      2. Mexico Market Analysis, Insights and Forecast – By Application
        1. CHP
        2. Standby Power
      3. Rest of Latin America Market Analysis, Insights and Forecast – By Application
        1. CHP
        2. Standby Power
  10. Middle East & Africa Microturbine Market Analysis (Units, USD Million), Insights and Forecast, 2019-2032
    1. Market Analysis, Insights and Forecast – By Power Rating
      1. Up to 50kW
      2. 51 kW-250kW
      3. 251-500kW
      4. Above 500kW
    2. Market Analysis, Insights and Forecast – By Application
      1. Combined Heat and Power (CHP)
      2. Standby Power
    3. Market Analysis, Insights and Forecast – By End-user
      1. Residential
      2. Commercial
      3. Industrial
    4. Market Analysis, Insights and Forecast – By Country
      1. GCC Market Analysis, Insights and Forecast – By Application
        1. CHP
        2. Standby Power
      2. South Africa Market Analysis, Insights and Forecast – By Application
        1. CHP
        2. Standby Power
      3. Rest of Middle East & Africa Market Analysis, Insights and Forecast – By Application
        1. CHP
        2. Standby Power
  11. Competitive Analysis
    1. Company Market Share Analysis, 2023
    2. Company Profile
      1. Capstone Turbine Corporation
        1. Business Overview
        2. Product & Service Offering
        3. Overall Revenue
        4. Recent Development
      2. Bladon Micro Turbine
        1. Business Overview
        2. Product & Service Offering
        3. Overall Revenue
        4. Recent Development
      3. UAV Turbine
        1. Business Overview
        2. Product & Service Offering
        3. Overall Revenue
        4. Recent Development
      4. Ansaldo Energia
        1. Business Overview
        2. Product & Service Offering
        3. Overall Revenue
        4. Recent Development
      5. Aurelia Turbine
        1. Business Overview
        2. Product & Service Offering
        3. Overall Revenue
        4. Recent Development
      6. MTT Microturbine
        1. Business Overview
        2. Product & Service Offering
        3. Overall Revenue
        4. Recent Development
      7. FlexEnergy Inc.
        1. Business Overview
        2. Product & Service Offering
        3. Overall Revenue
        4. Recent Development
      8. ICR Turbine Engine Corporation
        1. Business Overview
        2. Product & Service Offering
        3. Overall Revenue
        4. Recent Development
      9. VTA Austria GmbH
        1. Business Overview
        2. Product & Service Offering
        3. Overall Revenue
        4. Recent Development
      10. Turbo Tech Precision Engineering Pvt., Ltd.
        1. Business Overview
        2. Product & Service Offering
        3. Overall Revenue
        4. Recent Development
      11. Brayton Energy, LLC.
        1. Business Overview
        2. Product & Service Offering
        3. Overall Revenue
        4. Recent Development
Read Less

Figure 1: Global Microturbine Market Revenue Breakdown (USD Million, %) by Region, 2023 & 2032

Figure 2: Global Microturbine Market Value Share (%), by Power Rating, 2023 & 2032

Figure 3: Global Microturbine Market Forecast (USD Million), by Up to 50kW, 2019-2032

Figure 4: Global Microturbine Market Forecast (USD Million), by 51 kW-250kW, 2019-2032

Figure 5: Global Microturbine Market Forecast (USD Million), by 251-500kW, 2019-2032

Figure 6: Global Microturbine Market Forecast (USD Million), by Above 500kW, 2019-2032

Figure 7: Global Microturbine Market Value Share (%), by Application, 2023 & 2032

Figure 8: Global Microturbine Market Forecast (USD Million), by Combined Heat and Power (CHP), 2019-2032

Figure 9: Global Microturbine Market Forecast (USD Million), by Standby Power, 2019-2032

Figure 10: Global Microturbine Market Value Share (%), by End-User, 2023 & 2032

Figure 11: Global Microturbine Market Forecast (USD Million), by Industrial, 2019-2032

Figure 12: Global Microturbine Market Forecast (USD Million), by Commercial, 2019-2032

Figure 13: Global Microturbine Market Forecast (USD Million), by Residential, 2019-2032

Figure 14: Global Microturbine Market Value (USD Million), by Region, 2023 & 2032

Figure 15: Global Microturbine Market Value Share (%), by Region, 2023

Figure 16: North America Microturbine Market Value Share (%), by Power Rating, 2023 & 2032

Figure 17: North America Microturbine Market Forecast (USD Million), by Up to 50kW, 2019-2032

Figure 18: North America Microturbine Market Forecast (USD Million), by 51 kW-250kW, 2019-2032

Figure 19: North America Microturbine Market Forecast (USD Million), by 251-500kW, 2019-2032

Figure 20: North America Microturbine Market Forecast (USD Million), by Above 500kW, 2019-2032

Figure 21: North America Microturbine Market Value Share (%), by Application, 2023 & 2032

Figure 22: North America Microturbine Market Forecast (USD Million), by Combined Heat and Power (CHP), 2019-2032

Figure 23: North America Microturbine Market Forecast (USD Million), by Standby Power, 2019-2032

Figure 24: North America Microturbine Market Value Share (%), by End-User, 2023 & 2032

Figure 25: North America Microturbine Market Forecast (USD Million), by Industrial, 2019-2032

Figure 26: North America Microturbine Market Forecast (USD Million), by Commercial, 2019-2032

Figure 27: North America Microturbine Market Forecast (USD Million), by Residential, 2019-2032

Figure 28: North America Microturbine Market Value (USD Million), by Country, 2023 & 2032

Figure 29: North America Microturbine Market Value Share (%), by Country, 2023

Figure 30: Europe Microturbine Market Value Share (%), by Power Rating, 2023 & 2032

Figure 31: Europe Microturbine Market Forecast (USD Million), by Up to 50kW, 2019-2032

Figure 32: Europe Microturbine Market Forecast (USD Million), by 51 kW-250kW, 2019-2032

Figure 33: Europe Microturbine Market Forecast (USD Million), by 251-500kW, 2019-2032

Figure 34: Europe Microturbine Market Forecast (USD Million), by Above 500kW, 2019-2032

Figure 35: Europe Microturbine Market Value Share (%), by Application, 2023 & 2032

Figure 36: Europe Microturbine Market Forecast (USD Million), by Combined Heat and Power (CHP), 2019-2032

Figure 37: Europe Microturbine Market Forecast (USD Million), by Standby Power, 2019-2032

Figure 38: Europe Microturbine Market Value Share (%), by End-User, 2023 & 2032

Figure 39: Europe Microturbine Market Forecast (USD Million), by Industrial, 2019-2032

Figure 40: Europe Microturbine Market Forecast (USD Million), by Commercial, 2019-2032

Figure 41: Europe Microturbine Market Forecast (USD Million), by Residential, 2019-2032

Figure 42: Europe Microturbine Market Value (USD Million), by Country, 2023 & 2032

Figure 43: Europe Microturbine Market Value Share (%), by Country, 2023

Figure 44: Asia Pacific Microturbine Market Value Share (%), by Power Rating, 2023 & 2032

Figure 45: Asia Pacific Microturbine Market Forecast (USD Million), by Up to 50kW, 2019-2032

Figure 46: Asia Pacific Microturbine Market Forecast (USD Million), by 51 kW-250kW, 2019-2032

Figure 47: Asia Pacific Microturbine Market Forecast (USD Million), by 251-500kW, 2019-2032

Figure 48: Asia Pacific Microturbine Market Forecast (USD Million), by Above 500kW, 2019-2032

Figure 49: Asia Pacific Microturbine Market Value Share (%), by Application, 2023 & 2032

Figure 50: Asia Pacific Microturbine Market Forecast (USD Million), by Combined Heat and Power (CHP), 2019-2032

Figure 51: Asia Pacific Microturbine Market Forecast (USD Million), by Standby Power, 2019-2032

Figure 52: Asia Pacific Microturbine Market Value Share (%), by End-User, 2023 & 2032

Figure 53: Asia Pacific Microturbine Market Forecast (USD Million), by Industrial, 2019-2032

Figure 54: Asia Pacific Microturbine Market Forecast (USD Million), by Commercial, 2019-2032

Figure 55: Asia Pacific Microturbine Market Forecast (USD Million), by Residential, 2019-2032

Figure 56: Asia Pacific Microturbine Market Value (USD Million), by Country, 2023 & 2032

Figure 57: Asia Pacific Microturbine Market Value Share (%), by Country, 2023

Figure 58: Latin America Microturbine Market Value Share (%), by Power Rating, 2023 & 2032

Figure 59: Latin America Microturbine Market Forecast (USD Million), by Up to 50kW, 2019-2032

Figure 60: Latin America Microturbine Market Forecast (USD Million), by 51 kW-250kW, 2019-2032

Figure 61: Latin America Microturbine Market Forecast (USD Million), by 251-500kW, 2019-2032

Figure 62: Latin America Microturbine Market Forecast (USD Million), by Above 500kW, 2019-2032

Figure 63: Latin America Microturbine Market Value Share (%), by Application, 2023 & 2032

Figure 64: Latin America Microturbine Market Forecast (USD Million), by Combined Heat and Power (CHP), 2019-2032

Figure 65: Latin America Microturbine Market Forecast (USD Million), by Standby Power, 2019-2032

Figure 66: Latin America Microturbine Market Value Share (%), by End-User, 2023 & 2032

Figure 67: Latin America Microturbine Market Forecast (USD Million), by Industrial, 2019-2032

Figure 68: Latin America Microturbine Market Forecast (USD Million), by Commercial, 2019-2032

Figure 69: Latin America Microturbine Market Forecast (USD Million), by Residential, 2019-2032

Figure 70: Latin America Microturbine Market Value (USD Million), by Country, 2023 & 2032

Figure 71: Latin America Microturbine Market Value Share (%), by Country, 2023

Figure 72: Middle East & Africa Microturbine Market Value Share (%), by Power Rating, 2023 & 2032

Figure 73: Middle East & Africa Microturbine Market Forecast (USD Million), by Up to 50kW, 2019-2032

Figure 74: Middle East & Africa Microturbine Market Forecast (USD Million), by 51 kW-250kW, 2019-2032

Figure 75: Middle East & Africa Microturbine Market Forecast (USD Million), by 251-500kW, 2019-2032

Figure 76: Middle East & Africa Microturbine Market Forecast (USD Million), by Above 500kW, 2019-2032

Figure 77: Middle East & Africa Microturbine Market Value Share (%), by Application, 2023 & 2032

Figure 78: Middle East & Africa Microturbine Market Forecast (USD Million), by Combined Heat and Power (CHP), 2019-2032

Figure 79: Middle East & Africa Microturbine Market Forecast (USD Million), by Standby Power, 2019-2032

Figure 80: Middle East & Africa Microturbine Market Value Share (%), by End-User, 2023 & 2032

Figure 81: Middle East & Africa Microturbine Market Forecast (USD Million), by Industrial, 2019-2032

Figure 82: Middle East & Africa Microturbine Market Forecast (USD Million), by Commercial, 2019-2032

Figure 83: Middle East & Africa Microturbine Market Forecast (USD Million), by Residential, 2019-2032

Figure 84: Middle East & Africa Microturbine Market Value (USD Million), by Country, 2023 & 2032

Figure 85: Middle East & Africa Microturbine Market Value Share (%), by Country, 2023

Figure 86: Company Market Share Analysis, 2023

Table 1: Global Microturbine Market Revenue (USD Million) Forecast, by Power Rating, 2019–2032

Table 2: Global Microturbine Market Volume (Units) Forecast, by Power Rating, 2019–2032

Table 3: Global Microturbine Market Revenue (USD Million) Forecast, by Application, 2019–2032

Table 4: Global Microturbine Market Volume (Units) Forecast, by Application, 2019–2032

Table 5: Global Microturbine Market Revenue (USD Million) Forecast, by End-User, 2019–2032

Table 6: Global Microturbine Market Volume (Units) Forecast, by End-User, 2019–2032

Table 7: Global Microturbine Market Revenue (USD Million) Forecast, by Region, 2019–2032

Table 8: Global Microturbine Market Volume (Units) Forecast, by Region, 2019–2032

Table 9: North America Microturbine Market Revenue (USD Million) Forecast, by Power Rating, 2019–2032

Table 10: North America Microturbine Market Volume (Units) Forecast, by Power Rating, 2019–2032

Table 11: North America Microturbine Market Revenue (USD Million) Forecast, by Application, 2019–2032

Table 12: North America Microturbine Market Volume (Units) Forecast, by Application, 2019–2032

Table 13: North America Microturbine Market Revenue (USD Million) Forecast, by End-User, 2019–2032

Table 14: North America Microturbine Market Volume (Units) Forecast, by End-User, 2019–2032

Table 15: U.S. Microturbine Market Revenue (USD Million) Forecast, by Application, 2019–2032

Table 16: U.S. Microturbine Market Volume (Units) Forecast, by Application, 2019–2032

Table 17: Canada Microturbine Market Revenue (USD Million) Forecast, by Application, 2019–2032

Table 18: Canada Microturbine Market Volume (Units) Forecast, by Application, 2019–2032

Table 19: Europe Microturbine Market Revenue (USD Million) Forecast, by Power Rating, 2019–2032

Table 20: Europe Microturbine Market Volume (Units) Forecast, by Power Rating, 2019–2032

Table 21: Europe Microturbine Market Revenue (USD Million) Forecast, by Application, 2019–2032

Table 22: Europe Microturbine Market Volume (Units) Forecast, by Application, 2019–2032

Table 23: Europe Microturbine Market Revenue (USD Million) Forecast, by End-User, 2019–2032

Table 24: Europe Microturbine Market Volume (Units) Forecast, by End-User, 2019–2032

Table 25: UK Microturbine Market Revenue (USD Million) Forecast, by Application, 2019–2032

Table 26: UK Microturbine Market Volume (Units) Forecast, by Application, 2019–2032

Table 27: Germany Microturbine Market Revenue (USD Million) Forecast, by Application, 2019–2032

Table 28: Germany Microturbine Market Volume (Units) Forecast, by Application, 2019–2032

Table 29: France Microturbine Market Revenue (USD Million) Forecast, by Application, 2019–2032

Table 30: France Microturbine Market Volume (Units) Forecast, by Application, 2019–2032

Table 31: Italy Microturbine Market Revenue (USD Million) Forecast, by Application, 2019–2032

Table 32: Italy Microturbine Market Volume (Units) Forecast, by Application, 2019–2032

Table 33: Spain Microturbine Market Revenue (USD Million) Forecast, by Application, 2019–2032

Table 34: Spain Microturbine Market Volume (Units) Forecast, by Application, 2019–2032

Table 35: Russia Microturbine Market Revenue (USD Million) Forecast, by Application, 2019–2032

Table 36: Russia Microturbine Market Volume (Units) Forecast, by Application, 2019–2032

Table 37: Rest of Europe Microturbine Market Revenue (USD Million) Forecast, by Application, 2019–2032

Table 38: Rest of Europe Microturbine Market Volume (Units) Forecast, by Application, 2019–2032

Table 39: Asia Pacific Microturbine Market Revenue (USD Million) Forecast, by Power Rating, 2019–2032

Table 40: Asia Pacific Microturbine Market Volume (Units) Forecast, by Power Rating, 2019–2032

Table 41: Asia Pacific Microturbine Market Revenue (USD Million) Forecast, by Application, 2019–2032

Table 42: Asia Pacific Microturbine Market Volume (Units) Forecast, by Application, 2019–2032

Table 43: Asia Pacific Microturbine Market Revenue (USD Million) Forecast, by End-User, 2019–2032

Table 44: Asia Pacific Microturbine Market Volume (Units) Forecast, by End-User, 2019–2032

Table 45: China Microturbine Market Revenue (USD Million) Forecast, by Application, 2019–2032

Table 46: China Microturbine Market Volume (Units) Forecast, by Application, 2019–2032

Table 47: India Microturbine Market Revenue (USD Million) Forecast, by Application, 2019–2032

Table 48: India Microturbine Market Volume (Units) Forecast, by Application, 2019–2032

Table 49: Australia Microturbine Market Revenue (USD Million) Forecast, by Application, 2019–2032

Table 50: Australia Microturbine Market Volume (Units) Forecast, by Application, 2019–2032

Table 51: Southeast Asia Microturbine Market Revenue (USD Million) Forecast, by Application, 2019–2032

Table 52: Southeast Asia Microturbine Market Volume (Units) Forecast, by Application, 2019–2032

Table 53: Rest of Asia Pacific Microturbine Market Revenue (USD Million) Forecast, by Application, 2019–2032

Table 54: Rest of Asia Pacific Microturbine Market Volume (Units) Forecast, by Application, 2019–2032

Table 55: Latin America Microturbine Market Revenue (USD Million) Forecast, by Power Rating, 2019–2032

Table 56: Latin America Microturbine Market Volume (Units) Forecast, by Power Rating, 2019–2032

Table 57: Latin America Microturbine Market Revenue (USD Million) Forecast, by Application, 2019–2032

Table 58: Latin America Microturbine Market Volume (Units) Forecast, by Application, 2019–2032

Table 59: Latin America Microturbine Market Revenue (USD Million) Forecast, by End-User, 2019–2032

Table 60: Latin America Microturbine Market Volume (Units) Forecast, by End-User, 2019–2032

Table 61: Brazil Microturbine Market Revenue (USD Million) Forecast, by Application, 2019–2032

Table 62: Brazil Microturbine Market Volume (Units) Forecast, by Application, 2019–2032

Table 63: Mexico Microturbine Market Revenue (USD Million) Forecast, by Application, 2019–2032

Table 64: Mexico Microturbine Market Volume (Units) Forecast, by Application, 2019–2032

Table 65: Rest of Latin America Microturbine Market Revenue (USD Million) Forecast, by Application, 2019–2032

Table 66: Rest of Latin America Microturbine Market Volume (Units) Forecast, by Application, 2019–2032

Table 67: Middle East & Africa Microturbine Market Revenue (USD Million) Forecast, by Power Rating, 2019–2032

Table 68: Middle East & Africa Microturbine Market Volume (Units) Forecast, by Power Rating, 2019–2032

Table 69: Middle East & Africa Microturbine Market Revenue (USD Million) Forecast, by Application, 2019–2032

Table 70: Middle East & Africa Microturbine Market Volume (Units) Forecast, by Application, 2019–2032

Table 71: Middle East & Africa Microturbine Market Revenue (USD Million) Forecast, by End-User, 2019–2032

Table 72: Middle East & Africa Microturbine Market Volume (Units) Forecast, by End-User, 2019–2032

Table 73: GCC Microturbine Market Revenue (USD Million) Forecast, by Application, 2019–2032

Table 74: GCC Microturbine Market Volume (Units) Forecast, by Application, 2019–2032

Table 75: South Africa Microturbine Market Revenue (USD Million) Forecast, by Application, 2019–2032

Table 76: South Africa Microturbine Market Volume (Units) Forecast, by Application, 2019–2032

Table 77: Rest of Middle East & Africa Microturbine Market Revenue (USD Million) Forecast, by Application, 2019–2032

Table 78: Rest of Middle East & Africa Microturbine Market Volume (Units) Forecast, by Application, 2019–2032

Microturbine Market Size, Share and Global Industry Trend Forecast till 2032
  • 2019-2032
  • 2023
  • 2019-2022
  • 269
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