The micro turbine market size was valued at $234.7 million in 2021, and microturbine industry is estimated to reach $547.9 million by 2031, growing at a CAGR of 8.9% from 2022 to 2031. A micro turbine is a small gas turbine engine that typically produces power in the range of 25-500 kilowatts. Micro turbines are …
Tag Archives: Micro Turbine
Micro Turbine Market Growth Set to Surge Significantly by 2027
Presently, as focus is more toward green energy, the demand for micro turbine is increasing as it offers green energy with limiting or no environment pollution. Owing to increasing environmental concerns for global warming and burning of fossil fuel, the demand for micro turbine is expected to increase, which in turn will drive growth of …
Continue reading “Micro Turbine Market Growth Set to Surge Significantly by 2027”