North America Micro Gas Turbine Market Size - By Capacity, By Application (Power Generation, Oil & Gas, Commercial & Industrial CHP, Renewable, Hybrid Vehicles, Marine), By Country Outlook & Forecast, 2024 – 2032

North America Micro Gas Turbine Market Size

North America Micro Gas Turbine Market was valued at USD 53.3 million in 2023 and is estimated to grow at a CAGR of over 8.1% from 2024 to 2032. The increasing adoption of distributed energy resources and the growing need for on-site power generation in various industries contribute to the product demand.
 

A micro gas turbine is a compact and lightweight gas turbine engine that generates power through the combustion. It is a type of combustion-based power generation system that operates on the Brayton thermodynamic cycle. Micro gas turbines are characterized by their small size and high power-to-weight ratio, making them suitable for a wide range of applications. They typically produce electrical power through the rotation of a turbine driven by the expansion of hot exhaust gases created during the combustion process.

North America Micro Gas Turbine Market Trends

Increasing demand for distributed energy generation along with flourishing oil & gas sector will positively impact the gas turbine market. Increasing demand for distributed power generation and large scale integration of renewable energy will impact the business outlook. These turbines start up quickly and adjust their load to meet varying demand. This flexibility is valuable in applications where rapid power response is essential. Additionally, rise in the strictness of emission norms will drive the gas turbine market.
 

North America Micro Gas Turbine Market Analysis

The > 50 kW to 250 kW micro gas turbine market will exceed over USD 25 million by 2032. These turbines, known for their compact size and high efficiency, are finding increasing applications in various industries comprising of aerospace, automotive, and distributed power generation. Moreover, their modular design allows for easy installation and integration into existing systems, making them a versatile choice for decentralized power generation and cogeneration applications.
 

The hybrid vehicle micro gas turbine market size will witness growth rate of over 7.5% through 2032. The industry will be influenced by the concerns towards the emission norms and rise in the adoption of hybrid vehicle. The ongoing transition toward greener mobility solutions along with paradigm shift to reduce dependence on traditional fossil fuels will positively impact the industry landscape.
 

The U.S. micro gas turbine market is set to surpass USD 65 million by 2032. Escalating environmental concerns along with strong emphasis on corporate sustainability will accelerate the adoption of cleaner and more efficient turbine technologies. Large-scale integration of renewable energy coupled with increasing demand for distributed power generation will boost the business outlook. In addition, favorable government policies and incentives aimed at promoting clean energy technologies will augment the industry potential.
 

Increasing demand for distributed energy generation coupled with government initiatives promoting clean energy solutions will fuel the Canada micro gas turbine market. These turbines offer a reliable and efficient solution for remote power generation, particularly in provinces where access to traditional grid infrastructure is limited. Surging focus toward sustainability, energy efficiency, and advancements in turbine technology will further favor the business scenario.
 

North America Micro Gas Turbine Market Share

Elliott Group is one of the well-established company renowned for its expertise in designing, manufacturing, and servicing turbomachinery for various industries, including oil and gas, petrochemical, power generation, and aerospace. The company leverages cutting-edge technology to develop micro gas turbines that excel in efficiency, reliability, and performance. These turbines are designed to operate in diverse environments with varying fuel types, making them versatile solutions for distributed power generation.
 

North America Micro Gas Turbine Market Companies

Eminent players operating in the North America micro gas turbine industry include:

• Aurelia Turbines Oy
• Bladon Jets
• Brayton Energy, LLC
• Capstone Turbine Corporation
• Destinus Energy
• Elliott Group
• Erlson Precision Components
• Flex Energy Solutions
• Ingersoll Rand
• Kawasaki Gas Turbine Asia
• Microturbine Technology (MTT)
• MTU Onsite Energy
• TOYOTA MOTOR CORPORATION
• TurboGen
• TURBOTECH PRECISION ENGINEERING
• Vericor Power Systems
   

North America Micro Gas Turbine Industry News

• In July 2023, Aurelia announced that they have received an order from Signal Power Group for an Aurelia iA400. This marks the first time that Aurelia's products will be sold in the USA, signifying their expansion into this market. The iA400 is a compact gas turbine model that can run on various fuels, including syngas, hydrogen, biogas, and other renewable sources. Signal Power Group plans to locally assemble iA400 units and package complete power plants for distribution and service, assisting clients with regulatory compliance and installation support.
   
• In October 2022, Capstone Green Energy Corporation announced that they have secured an order for two 800 kW microturbines from an oil production site in Southern California. These microturbines, expected to be commissioned in Q2 2023, were chosen for their reliability and low emissions. The installation will feature two Capstone C800 Signature Series microturbine energy units powered by gas along with a Capstone Logic Controller to confirm efficient site operation. These microturbines help reduce emissions and minimize environmental impact in addition to providing reliable power to remote locations.
   

This North America micro gas turbine market research report includes in-depth coverage of the industry with estimates & forecast in terms of “kW” & “USD Million” from 2021 to 2032, for the following segments:

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Market, By Capacity

• ≤ 50 kW
• > 50 kW to 250 kW
• > 250 kW to 500 kW
• > 500 kW

Market, By Application

• Power Generation
• Oil & Gas
• Commercial & Industrial CHP
• Renewable
• Hybrid Vehicles
• Marine
• Others

The above information has been provided for the following countries:

• U.S.
• Canada