Microturbines Market - Top Companies and Manufacturers

Companies Dominating the Microturbines Landscape

Brayton Energy LLC
- Company Overview
- Business Strategy
- Key Product Offerings
- Financial Performance
- Key Performance Indicators
- Risk Analysis
- Recent Development
- Regional Presence
- SWOT Analysis

Toyota Motor Corporation
Capstone Turbine Corporation
Ansaldo Energia S.P.A.
ICR Turbine Engine Corporation
NewEnCo.
Eneftech Innovation SA
Wilson Solar Power Corporation
Bladon Micro Turbine
Bowman Consulting Group Ltd.

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Microturbines Market Size & Share | Growth Trends 2037

In the News

Bowman Consulting Group Ltd. declared the acquisition of SEI Professional Services with USD 3 billion that include new renewable energy, solar, electric vehicles, and energy storage assignments. This was to help Bowman add various technical services and experiences to their portfolio to benefit developers and owners of solar energy facilities, and photovoltaic and battery energy storage operators.
Capstone Turbine Corporation declared the 10% federal Investment Tax Credit (ITC) extension for the microturbines and combined heat and power projects until the end of 2023. The extensions were made to help energy-intensive U.S. businesses to save jobs and stay competitive in the global market.

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of microturbines is assessed at USD 92.79 billion.

The microturbines market size was valued at USD 80.03 billion in 2024 and is expected to reach USD 263.51 billion by 2037, expanding at around 9.6% CAGR during the forecast period i.e., between 2025-2037. The rising adoption of natural gas micro turbine generators to generate electricity and heat will drive the market growth.

North America industry is predicted to account for largest revenue share of 40% by 2037, owing to presence of key players in the countries like U.S. and the ongoing advancements in power generation technology to increase the utilization of renewable energy sources for power consumption.

The major players in the market are Brayton Energy LLC, Toyota Motor Corporation, Capstone Turbine Corporation, Ansaldo Energia S.P.A., ICR Turbine Engine Corporation, NewEnCo., Eneftech Innovation SA, Wilson Solar Power Corporation, Bladon Micro Turbine, Bowman Consulting Group Ltd.

Microturbines Market - Top Companies and Manufacturers

Companies Dominating the Microturbines Landscape

Browse Key Market Insights with Data Illustration:

In the News

Frequently Asked Questions (FAQ)

How much is the microturbines market worth?

Why is the demand for microturbines growing?

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