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

ATTRIBUTE

DETAILS

Study Period

2019-2032

Base Year

2023

Estimated Year

2024

Forecast Period

2024-2032

Historical Period

2019-2022

Growth Rate

CAGR of 9.6% from 2024 to 2032

Unit

Volume (Units) and Value (USD million)

Segmentation

By Power Rating

• Up to 50 kW
• 51 kW -250 kW
• 251-500 kW
• 501-1000 kW

By Application

• Combined Heat and Power (CHP)
• Standby Power

By End-User

• Residential
• Commercial
• Industrial

By Geography

• North America (By Power Rating, By Application, By End-User, By Country)
  • U.S. (Application)
  • Canada (Application)
• Europe (By Power Rating, By Application, By End-User, By Country)
  • U.K. (Application)
  • Germany (Application)
  • France (Application)
  • Italy (Application)
  • Spain (Application)
  • Russia (Application)
  • Rest of Europe (Application)
• Asia Pacific (By Power Rating, By Application, By End-User, By Country)
  • China (Application)
  • India (Application)
  • Australia (Application)
  • Southeast Asia (Application)
  • Rest of Asia Pacific (Application)
• Latin America (By Power Rating, By Application, By End-User, By Country)
  • Brazil (Application)
  • Mexico (Application)
  • Rest of Latin America (Application)
• Middle East & Africa (By Power Rating, By Application, By End-User, By Country)
  • GCC (Application)
  • South Africa (Application)
  • Rest of Middle East & Africa (Application)