The oil and gas industry is driving the industrial user segment of the global microturbine market. The segment holds the largest market share and is expected to retain its dominance during the forecast period. Stringent regulations imposed by governments across the world with regard to the adoption of microturbines are likely to drive their use in other industries in the long-term future. The use of flare

gas on rigs is another strong factor that is driving the use of microturbines in the oil and gas industry.The need to curb greenhouse gas (GHG) emissions has been a driving force for the adoption of microturbines. During COP21 summit in France in 2015, countries

committed to bring down the emissions over a period. Most of the countries will be looking for a cost-effective and easily available fuel in the market. The ability of microturbines to work with natural gas and biogas fits the criteria. As a result, the market is expected to grow rapidly during the forecast period.

PART 01: Executive summary ............................................ 5

Highlights 5

PART 02: Scope of the report ............................................. 6

Market overview 6

Top-vendor offerings 7

PART 03: Market research methodology ........................... 8

Research methodology 8

Economic indicators 8

PART 04: Introduction ......................................................... 9

Key market highlights 9

PART 05: Market landscape .............................................. 12

Market overview 12

Market size and forecast 13

Five forces analysis 15

PART 06: Market segmentation by application ............... 16

Global microturbine market by application 2015-2020 16

Global microturbine market by cogeneration 2015-

2020 18

Global microturbine market by stand-by power 2015-

2020 20

PART 07: Market segmentation by end-users ................. 22

Microturbine market by end-users 2015-2020 22

Global microturbine market by industrial users 2015-

2020 24

Global microturbine market by commercial users 2015-

2020 26

Global microturbine market by residential users 2015-

2020 27

PART 08: Geographical segmentation ............................. 29

Global microturbine market by geography 2015 29

Microturbine market in the Americas 2015-2020 31

Microturbine market in EMEA 2015-2020 33

Microturbine market in APAC 2015-2020 35

PART 09: Market drivers ................................................... 37

Strict regulations to curb carbon emissions enabling

growth opportunities for microturbine market 37

Decommissioning of nuclear power plants creating a

market opening for microturbines 38

Rise in distributed generation capacity propelling

microturbines adoption 38

PART 10: Impact of drivers ............................................... 40

PART 11: Market challenges ............................................. 41

New technology market entry hurdles faced by

microturbines 41

Competition from renewable energy options and fuel cell

technology 41

Slowdown in the oil and gas industry impacting sales of

microturbines 42

PART 12: Impact of drivers and challenges .................... 43

PART 13: Market trends .................................................... 44

Rising investment in R&D to use microturbines in the

transportation industry 44

Mixed impact of government policies and subsidies on

microturbine market in the US 45

Lower initial cost in comparison to other low carbon

emission substitutes 46

High demand from telecom sector 47

PART 14: Vendor landscape ............................................. 50

Competitive landscape 50

Other prominent vendors 51

PART 15: Key vendor analysis ......................................... 52

Ansaldo Energia 52

Bladon Jets 53

Capstone Turbine Corporation 54

FlexEnergy Inc. 59

PART 16: Appendix ........................................................... 61

List of abbreviations 61

PART 17: Explore Technavio ............................................ 62