SYS-CON MEDIA Authors: Sean Houghton, Glenn Rossman, Ignacio M. Llorente, Xenia von Wedel, Peter Silva

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]


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
Mobile commerce traffic is surpassing desktop, yet less than 20% of sales in the U.S. are mobile commerce sales. In his session at 15th Cloud Expo, Dan Franklin, Segment Manager, Commerce, at Verizon Digital Media Services, defined mobile devices and discussed how next generation means simplification. It means taking your digital content and turning it into instantly gratifying experiences.
“DevOps is really about the business. The business is under pressure today, competitively in the marketplace to respond to the expectations of the customer. The business is driving IT and the problem is that IT isn't responding fast enough," explained Mark Levy, Senior Product Marketing Manager at Serena Software, in this SYS-CON.tv interview at DevOps Summit, held Nov 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA.
The Internet of Things is a misnomer. That implies that everything is on the Internet, and that simply should not be - especially for things that are blurring the line between medical devices that stimulate like a pacemaker and quantified self-sensors like a pedometer or pulse tracker. The mesh of things that we manage must be segmented into zones of trust for sensing data, transmitting data, receiving command and control administrative changes, and peer-to-peer mesh messaging. In his session a...
"Ulunsoft is a start-up that focuses on how enterprises build cloud-based IT infrastructure for business," explained Haibo Zhu, President of Ulunsoft Corp, in this SYS-CON.tv interview at Cloud Expo, held Nov 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA.
"At our booth we are showing how to provide trust in the Internet of Things. Trust is where everything starts to become secure and trustworthy. Now with the scaling of the Internet of Things it becomes an interesting question – I've heard numbers from 200 billion devices next year up to a trillion in the next 10 to 15 years," explained Johannes Lintzen, Vice President of Sales at Utimaco, in this SYS-CON.tv interview at @ThingsExpo, held Nov 4–6, 2014, at the Santa Clara Convention Center in San...
As enterprises engage with Big Data technologies to develop applications needed to meet operational demands, new computation fabrics are continually being introduced. To leverage these new innovations, organizations are sacrificing market opportunities to gain expertise in learning new systems. In his session at Big Data Expo, Supreet Oberoi, Vice President of Field Engineering at Concurrent, Inc., discussed how to leverage existing infrastructure and investments and future-proof them against e...
“The year of the cloud – we have no idea when it's really happening but we think it's happening now. For those technology providers like Zentera that are helping enterprises move to the cloud - it's been fun to watch," noted Mike Loftus, VP Product Management and Marketing at Zentera Systems, in this SYS-CON.tv interview at Cloud Expo, held Nov 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA.
"For over 25 years we have been working with a lot of enterprise customers and we have seen how companies create applications. And now that we have moved to cloud computing, mobile, social and the Internet of Things, we see that the market needs a new way of creating applications," stated Jesse Shiah, CEO, President and Co-Founder of AgilePoint Inc., in this SYS-CON.tv interview at 15th Cloud Expo, held Nov 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA.
"Desktop as a Service is emerging as a very big trend. One of the big influencers of this – for Esri – is that we have a large user base that uses virtualization and they are looking at Desktop as a Service right now," explained John Meza, Product Engineer at Esri, in this SYS-CON.tv interview at Cloud Expo, held Nov 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA.
SYS-CON Events announced today that Gridstore™, the leader in hyper-converged infrastructure purpose-built to optimize Microsoft workloads, will exhibit at SYS-CON's 16th International Cloud Expo®, which will take place on June 9-11, 2015, at the Javits Center in New York City, NY. Gridstore™ is the leader in hyper-converged infrastructure purpose-built for Microsoft workloads and designed to accelerate applications in virtualized environments. Gridstore’s hyper-converged infrastructure is the ...
"People are a lot more knowledgeable about APIs now. There are two types of people who work with APIs - IT people who want to use APIs for something internal and the product managers who want to do something outside APIs for people to connect to them," explained Roberto Medrano, Executive Vice President at SOA Software, in this SYS-CON.tv interview at Cloud Expo, held Nov 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA.
"Application monitoring and intelligence can smooth the path in a DevOps environment. In a DevOps environment you see constant change. If you are trying to monitor things in a constantly changing environment, you're going to spend a lot of your job fixing your monitoring," explained Todd Rader, Solutions Architect at AppDynamics, in this SYS-CON.tv interview at DevOps Summit, held Nov 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA.
AppDynamics, the application intelligence leader for software-defined businesses, announced the general availability of the AppDynamics Fall '14 Release. Serving the combined needs of IT and business teams across the enterprise, the latest release provides a comprehensive view across all aspects of digital performance in ultra large scale deployments. AppDynamics delivers Application Intelligence by building out advanced capabilities across the key areas of analytics, unified monitoring and D...
In addition, Tesora adds the popular enterprise distribution from Mirantis to the Tesora OpenStack Database Certification Program ensuring compatibility with both NoSQL and SQL database management systems on Trove and eliminating the headache of enterprises having to test integration on their own. "We're providing Mirantis customers with the most production-ready OpenStack Trove implementation, saving the work and time necessary to ensure compatibility," said Ken Rugg, CEO of Tesora. "Working...
Docker containerization is gaining rapid popularity with Software-as-a-Service (SaaS) developers because of clear benefits such as simplified and continuous app delivery. Enterprise developers also want to leverage Docker for easy provisioning and efficient testing, but IT has unique needs that Docker does not solve out-of-the-box, such as security and access control, supporting heterogeneous infrastructure, apps and app stacks, backup and recovery, visibility and monitoring, and integration. Ho...