Micro Turbine Market: Size & Trends Shows a Rapid Growth by 2025

The Global Micro Turbine Market size is expected to grow at an annual average of 8.37% during 2019-2025. Factors such as growing global power demand and subsequent investment in power plants, economic benefits of implementing microturbines, increased efforts to reduce global greenhouse gas emissions, and increased adoption of CHP are driving the microturbine market.

The following players are covered in this report: 

By Application

  • Combined Heat and Power (CHP)
  • Standby Power

By End-User

  • Industrial
  • Commercial
  • Residential

By Power Rating

  • 12 kW–50 kW
  • 50 kW–250 kW
  • 250 kW–500 kW

(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)