- Report
- October 2023
- 172 Pages
Global
From €4101EUR$4,500USD£3,503GBP
- Report
- March 2022
- 85 Pages
Global
From €3500EUR$4,114USD£3,094GBP
The Industrial Microturbine market encompasses a segment within the broader category of Turbines, which are devices that harness fluid energy to produce rotational motion, typically used to generate electricity. Microturbines, in particular, are small combustion turbines that produce electrical power by burning a variety of fuels. They are characterized by their compact size, light weight, and ability to produce power ranging from a few kilowatts to several megawatts. These turbines are designed for various applications, including cogeneration, standby power, peak shaving, and distributed generation. Their utility in combined heat and power (CHP) systems has made them suitable for industrial, commercial, and institutional settings where they offer an efficient and reliable source of on-site power generation, alongside thermal energy for heating or cooling purposes. The increased focus on sustainable energy solutions and the need for reliable power in remote locations have also shaped the industrial microturbine market.
Several companies have established themselves in the Industrial Microturbine market. Capstone Turbine Corporation is recognized for its range of microturbine solutions. Other active firms include Ansaldo Energia, FlexEnergy, MTT Micro Turbine Technology BV, and Bladon Jets. These companies are involved in advancing the technology and expanding the applications of microturbines across different industries, from oil and gas to commercial buildings, contributing to a diversified energy landscape. Show Less Read more