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North America Micro Gas Turbine Market Share

Report ID: GMI9608
Published Date: May 2024
Report Format: PDF

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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

Authors: Ankit Gupta, Shubham Chaudhary

Frequently Asked Questions (FAQ) :

The market size of North America micro gas turbine was reached USD 53.3 million in 2023 and is estimated to grow at 8.1% CAGR during 2024 to 2032, driven by the increasing adoption of distributed energy resources.

The > 50 kW to 250 kW capacity segment of the North America micro gas turbine held a decent share in 2023 and will exceed over USD 25 million by 2032, owing to their compact size and high efficiency.

U.S. micro gas turbine market size is set to surpass USD 65 million by 2032, driven by escalating environmental concerns along with strong emphasis on corporate sustainability.

Aurelia Turbines Oy, Bladon Jets, Brayton Energy, LLC, Capstone Turbine Corporation, Destinus Energy, Elliott Group, Erlson Precision Components, and Flex Energy Solutions among others.