Welcome!

News Feed Item

Microturbine Systems Market - Global Industry Analysis, Size, Share, Growth, Trends & Forecast to 2019

DUBLIN, Apr. 11, 2014 /PRNewswire/ --

Research and Markets

(

http://www.researchandmarkets.com/research/xdcg9l/microturbine

) has announced the addition of the

"Microturbine Systems Market - Global Industry Analysis, Size, Share, Growth, Trends & Forecast to 2019"

report to their offering.



(Logo: http://photos.prnewswire.com/prnh/20130307/600769)

Microturbines systems provide standby power to several industries during power outages and also provide backup to power grids, thereby acting as a supplementary power source. Growing energy demand, increased grid instability and rising awareness to curb energy demand during peak hours is expected to drive market growth over the coming years. Impending stringent environmental regulations and growing demand for clean and green energy generation are further fuelling market growth. Microturbine systems find growing applications in the off grid areas owing to their portability. Increasing electricity consumption in off grid areas of Asia Pacific and Africa is likely to create new opportunities for the market.



Besides having numerous advantages, microturbines are also useful for a range of applications which include CHP generation, peak shaving, backup/standby power, stand-alone power, microgrid, microCHP, and resource recovery. These applications can be broadly segmented into two categories including CHP Generation and standby power. Microturbine systems serve commercial, industrial and residential end use markets. In CHP applications, the waste heat emitted from the microturbine is used to heat building space, drive absorption cooling and dehumidification equipment, produce hot water, and supply other thermal energy needs in a building or industrial process.



In addition,

microturbines

are used in the event of an outage as a backup power supplier to the utility grid. Many small-scale and large-scale industries often require standby/emergency power of high quality to minimize their losses caused by power interruptions. Furthermore, most of the industries such as food processing, manufacturing, oil & gas and utility could meet their heating and cooling needs by utilizing waste heat from on-site small generating units. Shaving peak power requirement is another potential application for on-site generation for these industries.



Microturbines can be installed at a number of locations that would be inaccessible to traditional generating applications owing to its compact size, reliability, and its ability to emit low levels of emissions and noise. North America and Europe have led the microturbines market over the past decade and are expected to continue their domination owing to technological advancements and need for clean and green energy generation in these regions. Furthermore, Asia Pacific region owing to increased awareness about green energy generation and rapid industrialization and modernization are expected to further boost the microturbines market.



Microturbines market was dominated by industrial end use segment in 2012. The commercial sector is flooded with supermarkets, malls, offices, hotels and hospitals. The energy requirement under commercial sector (30 KW to 200 KW) matches the output efficiency of the microturbine which leads to propelled growth rate of the commercial end use segment. Microturbine usually forms the secondary energy resource for the industrial end use segment while in off grid areas it is one of the primary energy sources.



Key Topics Covered:

Chapter 1 Preface

Chapter 2 Executive Summary

Chapter 3 Microturbine Systems - Industry Analysis

Chapter 4 Microturbine Systems Market - Application Analysis

Chapter 5 Microturbine Systems Market - End-Use Analysis

Chapter 6 Microturbine Systems Market - Regional Analysis

Chapter 7 Company Profiles


Companies Mentioned:

  • Capstone Turbine Corporation
  • Elliot Company Inc.
  • FlexEnergy Inc.
  • Global Microturbine LLC
  • Ingersoll-Rand Company
  • Micro Turbine Technology BV
  • NewEnCo Ltd.


For more information visit http://www.researchandmarkets.com/research/xdcg9l/microturbine


Media Contact:

Laura Wood , +353-1-481-1716, [email protected]


 

SOURCE Research and Markets

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
In the rush to compete in the digital age, a successful digital transformation is essential, but many organizations are setting themselves up for failure. There’s a common misconception that the process is just about technology, but it’s not. It’s about your business. It shouldn’t be treated as an isolated IT project; it should be driven by business needs with the committed involvement of a range of stakeholders.
SYS-CON Events announced today that Tintri Inc., a leading producer of VM-aware storage (VAS) for virtualization and cloud environments, will exhibit at the 18th International CloudExpo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, New York, and the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
Enterprise networks are complex. Moreover, they were designed and deployed to meet a specific set of business requirements at a specific point in time. But, the adoption of cloud services, new business applications and intensifying security policies, among other factors, require IT organizations to continuously deploy configuration changes. Therefore, enterprises are looking for better ways to automate the management of their networks while still leveraging existing capabilities, optimizing perf...
In his session at 18th Cloud Expo, Bruce Swann, Senior Product Marketing Manager at Adobe, will discuss how the Adobe Marketing Cloud can help marketers embrace opportunities for personalized, relevant and real-time customer engagement across offline (direct mail, point of sale, call center) and digital (email, website, SMS, mobile apps, social networks, connected objects). Bruce Swann has more than 15 years of experience working with digital marketing disciplines like web analytics, social med...
A strange thing is happening along the way to the Internet of Things, namely far too many devices to work with and manage. It has become clear that we'll need much higher efficiency user experiences that can allow us to more easily and scalably work with the thousands of devices that will soon be in each of our lives. Enter the conversational interface revolution, combining bots we can literally talk with, gesture to, and even direct with our thoughts, with embedded artificial intelligence, wh...
SYS-CON Events announced today that EastBanc Technologies will exhibit at SYS-CON's 18th International Cloud Expo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. EastBanc Technologies has been working at the frontier of technology since 1999. Today, the firm provides full-lifecycle software development delivering flexible technology solutions that seamlessly integrate with existing systems – whether on premise or cloud. EastBanc Technologies partners with p...
SYS-CON Events announced today that AppNeta, the leader in performance insight for business-critical web applications, will exhibit and present at SYS-CON's @DevOpsSummit at Cloud Expo New York, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. AppNeta is the only application performance monitoring (APM) company to provide solutions for all applications – applications you develop internally, business-critical SaaS applications you use and the networks that deli...
SYS-CON Events announced today that ContentMX, the marketing technology and services company with a singular mission to increase engagement and drive more conversations for enterprise, channel and SMB technology marketers, has been named “Sponsor & Exhibitor Lounge Sponsor” of SYS-CON's 18th Cloud Expo, which will take place on June 7-9, 2016, at the Javits Center in New York City, New York. “CloudExpo is a great opportunity to start a conversation with new prospects, but what happens after the...
The IoTs will challenge the status quo of how IT and development organizations operate. Or will it? Certainly the fog layer of IoT requires special insights about data ontology, security and transactional integrity. But the developmental challenges are the same: People, Process and Platform. In his session at @ThingsExpo, Craig Sproule, CEO of Metavine, will demonstrate how to move beyond today's coding paradigm and share the must-have mindsets for removing complexity from the development proc...
SYS-CON Events announced today BZ Media LLC has been named “Media Sponsor” of SYS-CON's 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. BZ Media LLC is a high-tech media company that produces technical conferences and expositions, and publishes a magazine, newsletters and websites in the software development, SharePoint, mobile development and Commercial Drone markets.
SYS-CON Events announced today that Alert Logic, Inc., the leading provider of Security-as-a-Service solutions for the cloud, will exhibit at SYS-CON's 18th International Cloud Expo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. Alert Logic, Inc., provides Security-as-a-Service for on-premises, cloud, and hybrid infrastructures, delivering deep security insight and continuous protection for customers at a lower cost than traditional security solutions. Ful...
Cloud computing changed data analytics for good. It enabled companies to drastically decrease resources and architecture previously assigned with business intelligence departments. It also enabled laymen to run advanced business analytics. Cloud was also the architecture of choice for storing and processing big data. Data piling is a continuous process, which is going to explode with emerging Internet of Things concept. Answer to this issue developers found in new concept called fog computing. ...
SYS-CON Events announced today that MangoApps will exhibit at SYS-CON's 18th International Cloud Expo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. MangoApps provides modern company intranets and team collaboration software, allowing workers to stay connected and productive from anywhere in the world and from any device. For more information, please visit https://www.mangoapps.com/.
The cloud market growth today is largely in public clouds. While there is a lot of spend in IT departments in virtualization, these aren’t yet translating into a true “cloud” experience within the enterprise. What is stopping the growth of the “private cloud” market? In his general session at 18th Cloud Expo, Nara Rajagopalan, CEO of Accelerite, will explore the challenges in deploying, managing, and getting adoption for a private cloud within an enterprise. What are the key differences betwee...
WebRTC is bringing significant change to the communications landscape that will bridge the worlds of web and telephony, making the Internet the new standard for communications. Cloud9 took the road less traveled and used WebRTC to create a downloadable enterprise-grade communications platform that is changing the communication dynamic in the financial sector. In his session at @ThingsExpo, Leo Papadopoulos, CTO of Cloud9, will discuss the importance of WebRTC and how it enables companies to fo...