Micro Gas Turbine for Aeroderivative and Energy Market Research Report: Information By Technology (Non-Recuperated, Recuperated), By Capacity (25kW to 100kW, 100kW to 300kW, 300kW to 500kW) By Force (400N – 700N, 700N – 1000N, 1500N – 2000N) By Fuel Type (Natural Gas, Methane, Hydrogen, Biogas, SAF, Others), End User (Power Generation, Combined Heat and Power (CHP), Combined Cooling, Heating, and Power (CCHP), Waste Heat Recovery, Oil and Gas Industry, Electric Vehicle (EV) Charging, Emergency Backup, Aviation {eVTOL, Commercial Drones, Def

Global Micro Gas Turbine for Aeroderivative and Energy Market Overview

Micro Gas Turbine for Aeroderivative and Energy Market Size was valued at USD 125,453.7 Thousand in 2023. The Micro Gas Turbine for Aeroderivative and Energy Market is projected to grow from USD 138,162.2 Thousand in 2024 to USD 301,460.2 Thousand by 2034, exhibiting a compound annual growth rate (CAGR) of 8.11% during the forecast period (2024 - 2032).  

Micro gas turbines (MGTs) are compact, high-speed turbines used to generate electricity and sometimes heat, typically ranging from a few kilowatts to several hundred kilowatts. These turbines consist of a compressor, combustor, turbine, and generator. The compressor compresses incoming air to high pressure, which is then mixed with fuel and ignited in the combustor to produce high-temperature, high-pressure gas. This gas drives the turbine, which in turn powers the compressor and generates electricity through the generator. MGTs are valued for their small size, low emissions, and ability to operate on various fuels such as natural gas, biogas, and liquid fuels. They are commonly used in decentralized power generation, combined heat and power (CHP) systems, and as backup power sources.

Aeroderivative gas turbines, adapted from aircraft jet engines for industrial use, are lightweight, compact, and highly efficient. They offer significant advantages, including high thermal efficiency and rapid startup times, making them ideal for peak load and emergency power applications. Aeroderivative turbines can operate on a variety of fuels and are often utilized in combined cycle power plants, where they work alongside steam turbines to maximize efficiency. These turbines are pivotal in applications requiring quick responsiveness and high efficiency.

In the context of energy, gas turbines convert the chemical energy of fuel into mechanical energy, which is then transformed into electrical energy. The efficiency of this conversion process is critical, with ongoing advancements aimed at reducing emissions and enhancing overall efficiency. MGTs and aeroderivative turbines play essential roles in distributed generation, CHP systems, and as backup power solutions for critical infrastructure. Their ability to integrate with renewable energy sources further enhances their appeal, providing a reliable power supply even when renewable sources are intermittent. The benefits of MGTs and aeroderivative turbines include high efficiency, low emissions, fuel flexibility, and reliability, making them integral to modern energy solutions.

Source: Secondary Research, Primary Research, MRFR Database and Analyst Review

Micro Gas Turbine for Aeroderivative and Energy Market Trends

RISING GLOBAL ELECTRICITY DEMAND

Due to the growth of major economies, the rising global electricity demand is significantly increasing the demand for micro gas turbines for power generation and various other purposes. Once countries develop and urbanize, how to provide reliable, efficient, and flexible power comes to a head. Such a big trend is particularly pronounced in emerging economies where rapid industrialization and urbanization put enormous pressure on existing power infrastructure, frequently resulting in power outages of unknown duration and no guarantees of the actual voltage. In this context, micro gas turbines provide a flexible and scalable solution that can help meet the growing electricity demand and support further applications like combined heat and power (CHP) and distributed energy resources (DER).

Micro gas turbines are small, highly efficient, and can be operated independently of the central grid. They are a good choice for businesses, industries, and communities interested in providing their power base. This feature is particularly true in places where the central grid is underdeveloped or prone to frequent failure. These turbines can be set up rapidly and modularly, making them suitable for urban centers and regions remote from the main power grid. Their flexibility and scalability range from small-scale residential use to large industrial complexes．

Several factors drive the increasing worldwide demand for electricity. These include population growth, economic expansion, and a rapidly growing collection of electronic devices and appliances. From the perspective of modern civilization, increase in living standards usually means higher power requirements for home, commercial and industrial use. In many developing countries, where markets are small but expanding rapidly through the growth of manufacturing industries and services, this multiplies the need for uninterrupted power supplies. To this end, micro gas turbines which supply consistent power with little downtime are most appropriate. One of the major advantages of micro gas turbines is that they can combine with such renewable energy sources as wind power and solar energy. This integration is especially important at a time when the world-wide transition toward more sustainable forms of energy must cut down on carbon emissions. Renewable energy sources, while environmentally friendly, are intermittent and can cause disorder in the power grid. Micro gas turbines can provide backup power, like a stabilizing force, when renewable sources do not generate electricity. The adoption of this hybrid approach increases overall reliability and efficiency (i.e. reliability is increased while efficiency is not lost). This structure makes the system more robust in the face of fluctuations in generation and demand for heat, power, etc. In addition, technological innovations have also been crucial in stimulating the development of micro gas turbines. Recent advances in material science, manufacturing process and turbine design have greatly improved these systems' efficiency, durability and emission performance. For example, advanced materials such as ceramics and high-temperature alloys permit micro gas turbines to work at higher temperatures. This innovation in turn increases their thermal efficiency and reduces fuel consumption. In addition, advances in combustion technology have meant that the emissions of pollutants such as nitrogen oxides (NOx) and carbon dioxide (CO2) from micro gas turbines are smaller than before--thus making them environmentally friendly options for power generation.

Introduction of government initiatives and policies into microturbines technology have been important. In many countries, regulations are gradually evolving to favor deploying clean energy technologies and decentralized power generation systems. Governments had to recognize the necessity of diversifying energy sources and increasing the resiliency of power grids in the face of growing climate-related disturbances and natural catastrophes. Accordingly, various incentives and support mechanisms have been implemented to encourage greater use of micro gas turbines.

For example, in the United States, the federal government offers investment tax credits (ITCs) and production tax credits (PTCs) for micro gas turbine installation. These financial incentives help reduce large start-up capital investment requirements and make the technology more affordable to end users. Similarly, several states have implemented programs and grants designed to advance decentralized energy resources such as micro gas turbines at local levels. These grants typically include instalment payment plans (IPPs) and other forms of financial support to reduce the burden on consumers for new technologies.

For the European Union, clean-energy and sustainability are promoted under the European Green Deal, which is meant to reach carbon neutrality by 2050. To achieve this lofty ambition, the EU has come up with demanding goals to reduce greenhouse gas emissions and to shift a higher proportion of energy resources toward renewable sources. To this end, the EU is giving financial aid and encouragement for developing and deploying state-of-the-art energy technologies, including micro gas turbines. Programs like Horizon Europe and the European Structural and Investment Funds (SIF) provide grants and other fiscal assistance to help fund research projects into cleaner energy forms and better energy conservation technologies.

China, India and Japan are all encouraging the promotion of micro-gas turbines. For instance, China has included micro-gas turbines in its national plans for distributed energy systems and smart grids. The Chinese government provides subsidies and tax incentives to promote these technologies, particularly in industrial parks and rural areas. Under its National Action Plan on Climate Change, India has launched a range of initiatives to support clean energy projects, including micro gas turbines. Focusing on energy security and resilience, Japan provides financial incentives and subsidies for deploying micro gas turbines - especially in areas subject to natural disasters.

The increasing popularity of microgrids, which are power systems in their own right and can either work alone or in conjunction with the main grid, is also boosting the market for micro-gas turbines. Microgrids are especially beneficial in remote and impoverished areas and facilities where uninterrupted power supply is necessary, such as hospitals, military bases, and data centers. Micro gas turbines, possessing reliability and efficiency advantages, are the best-suited power source for these microgrids. They provide the stable and continuous supply of electricity needed.

Finally, propelled by the expansion of major economies, the world's surging demand for electric power is throwing a lifeline of opportunity to provide power generation and more to micro-gas turbines. Whether in power plants, manufacturing or anywhere else, these turbines offer a versatile, efficient and dependable solution. Technological advances and government policies that favor using micro-gas turbines also increase acceptance. It can offer the always-on features needed in today's power market.

Micro Gas Turbine for Aeroderivative and Energy Market Segment Insights:

Micro Gas Turbine for Aeroderivative and Energy by technology Insights

The Micro Gas Turbine for Aeroderivative and Energy Market is segmented, based on technology, the Micro Gas Turbine for Aeroderivative and Energy Market has been bifurcated into Non-Recuperated, and Recuperated. In 2023, the Recuperated segment drove the Micro Gas Turbine for Aeroderivative and Energy Market by holding a substantial market share. It is projected to register a CAGR of 8.23 % during the projected timeframe. Recuperated MGTs offer significant efficiency improvements and environmental benefits over non-recuperated systems, making them suitable for a wide range of applications. Their ability to reduce fuel consumption and emissions while providing reliable power makes them a valuable technology in the transition towards more sustainable energy solutions.

Analyst Review: The surging global Micro Gas Turbine for Aeroderivative and Energy (Micro Gas Turbine for Aeroderivative and Energy) are gaining traction in the aeroderivative and energy markets due to their compact design, fuel flexibility, and low emissions. In the energy sector, MGTs are increasingly used for decentralized power generation, particularly in combined heat and power (CHP) systems, providing efficient and reliable energy solutions.

Micro Gas Turbine for Aeroderivative and Energy by Capacity Insights

Based on the Capacity, the Micro Gas Turbine for Aeroderivative and Energy Market has been classified into 25kW to 100kW, 100kW to 300kW and 300kW to 500kW. In 2023, the 100kW to 300kW segment drove the Micro Gas Turbine for Aeroderivative and Energy Market by holding a substantial market share during the assessment period. This segment accounted for the largest share of the market in 2023 and is expected to remain dominant during the forecast period. Micro gas turbines (MGTs) with capacities ranging from 100kW to 300kW are advanced power generation units that offer enhanced performance and efficiency across a variety of applications. These turbines, often derived from aeroderivative technology, are used in power generation, Combined Heat and Power (CHP) systems, Combined Cooling, Heating, and Power (CCHP) systems, waste heat recovery, the oil and gas industry, electric vehicle (EV) charging, emergency backup power, and aviation, including eVTOL (electric Vertical Take-Off and Landing) aircraft, commercial drones, and defense applications. The preferred fuels for these MGTs include natural gas, methane, hydrogen, biogas, and Sustainable Aviation Fuel (SAF).

Micro Gas Turbine for Aeroderivative and Energy by Force Insights

Based on the Force, the Micro Gas Turbine for Aeroderivative and Energy Market has been classified into 400N – 700N, 700N – 1000N and 1500N – 2000N. In 2023, the 700N – 1000N segment drove the Micro Gas Turbine for Aeroderivative and Energy Market by holding a substantial market share during the assessment period. This segment accounted for the largest share of the market in 2023 and is expected to remain dominant during the forecast period. Micro gas turbines (MGTs) for aeroderivative and energy applications with a force capacity of 700N-1000N are particularly effective in several specialized end-use sectors due to their enhanced efficiency, fuel flexibility, and reliability. In Power Generation, these MGTs serve medium-sized industrial operations and commercial buildings by providing a consistent and efficient power supply, capable of operating on diverse fuel types such as natural gas and biofuels. This versatility makes them ideal for environments that require reliable and efficient energy solutions. In the Combined Heat and Power (CHP) sector, 700N-1000N MGTs enhance energy efficiency by generating electricity and useful heat simultaneously. This dual-purpose capability is particularly beneficial for larger commercial facilities and small industrial plants, where reducing energy costs and greenhouse gas emissions is critical. Combined Cooling, Heating, and Power (CCHP) applications also benefit significantly from these MGTs, as they integrate multiple energy needs into a single system, thus improving overall efficiency and lowering operational costs. This is especially advantageous for medium-sized commercial buildings and institutional facilities like hospitals and universities.

Micro Gas Turbine for Aeroderivative and Energy by Fuel Type Insights

Based on the Fuel Type, the Micro Gas Turbine for Aeroderivative and Energy Market has been classified into Natural gas, Methane, Hydrogen, Biogas, SAF and Others. In 2023, the natural gas segment drove the Micro Gas Turbine for Aeroderivative and Energy Market by holding a substantial market share during the assessment period. This segment accounted for the largest share of the market in 2023 and is expected to remain dominant during the forecast period.

Micro Gas Turbine for Aeroderivative and Energy by End User Insights

Based on the End Use, the Micro Gas Turbine for Aeroderivative and Energy Market has been divided into Power Generation, Combined Heat and Power (CHP)Combined Cooling, Heating, and Power (CCHP), Waste Heat Recovery, Oil and Gas Industry, Electric Vehicle (EV) Charging, Emergency Backup Aviation and Other End-Use. In 2023, the Power Generation segment drove the Micro Gas Turbine for Aeroderivative and Energy Market by holding a substantial market share during the assessment period. This segment accounted for the largest share of the market in 2023 and is expected to remain dominant during the forecast period. Micro gas turbines (MGTs) for power generation are becoming increasingly important in meeting the growing global electricity demand. These turbines are available in two primary technologies: non-recuperated and recuperated. Non-recuperated MGTs are more straightforward and cost-effective but less efficient. Recuperated MGTs, on the other hand, incorporate a heat exchanger to preheat the combustion air using exhaust gases, significantly enhancing fuel efficiency. MGTs come in various capacities to meet different energy needs. Units with capacities ranging from 25kW to 100kW are suitable for small-scale power generation, such as residential or small commercial applications. The mid-range units, from 100kW to 300kW, cater to larger commercial or light industrial applications. The larger units, between 300kW and 500kW, are ideal for extensive industrial operations requiring higher power output.

Micro Gas Turbine for Aeroderivative and Energy Regional Insights

Based on Region, the Micro Gas Turbine for Aeroderivative and Energy market is segmented into North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America. The North America Micro Gas Turbine for Aeroderivative and Energy market held the maximum market share and is also expected to account for the significant revenue share during the forecast period. The North American market for micro gas turbines, encompassing the U.S., Canada, and Mexico, is witnessing robust growth in the aeroderivative and energy sectors, driven by favorable policies and key market drivers. Governments across these countries are implementing supportive policies, including subsidies, tax incentives, and regulatory frameworks that promote the adoption of micro gas turbines as part of their broader clean energy and emission reduction strategies. These turbines are highly efficient, produce lower emissions, and can operate on multiple fuel types, making them an ideal solution for both power generation and combined heat and power (CHP) applications. 

Micro Gas Turbine for Aeroderivative and Energy Key Market Players & Competitive Insights

Micro Gas Turbine for Aeroderivative and Energy Market is characterized by a high level of competition, with many players emerging for market share. The top 10 companies in the market account for a significant market share of the Micro Gas Turbine for Aeroderivative and Energy Market. The competitive landscape of Micro Gas Turbine for Aeroderivative and Energy Market is dynamic, with companies constantly innovating and expanding their product offerings. Despite the challenges, there are several factors that are driving growth in Global Micro Gas Turbine for Aeroderivative and Energy. These rising global demand for electricity, increased availability of natural gas and technological advancements and growing micro grid application. Micro Gas Turbine for Aeroderivative and Energy Market is expected to witness significant growth in the coming years, owing to continuous investments in new plants.

Capstone Green Energy Corporation: Capstone Green Energy Corporation, formerly known as Capstone Turbine Corporation, is a leading provider of clean energy solutions focused on the distributed generation of power. The company specializes in the development, manufacturing, and marketing of low-emission, highly efficient microturbine technology for use in a variety of applications including power generation, resource recovery, and energy storage. Capstone's microturbines are renowned for their ability to run on a variety of fuels such as natural gas, propane, and renewable fuels, making them versatile and sustainable energy options. Capstone Green Energy is publicly traded on the NASDAQ stock exchange under the ticker symbol CGRN. The company has established a strong presence in the global energy market, catering to customers across multiple industries including oil and gas, renewable energy, and transportation. The company’s product portfolio includes a range of microturbines, which fall under the category of power generation products. These microturbines are designed to offer reliable, low-emission power for primary, backup, and combined heat and power (CHP) applications. Capstone’s services encompass long-term service agreements (FPPs), factory protection plans, and comprehensive maintenance programs, ensuring optimal performance and longevity of their systems.

General Electric: General Electric (GE) is a prominent multinational conglomerate headquartered in Boston, Massachusetts, USA. Founded in 1892, GE is publicly traded on the New York Stock Exchange under the ticker symbol GE. The company operates through a diverse portfolio of subsidiaries across various sectors. GE Aviation manufactures and services aircraft engines, while GE Power focuses on power generation technologies, including gas turbines used in both industrial and energy applications. Under its Renewable Energy division, GE develops wind turbines and hydroelectric systems to support sustainable energy solutions globally. GE Aeroderivative gas turbines fall under the category of GE Aviation, as they are derived from jet engine technology adapted for use in power generation and mechanical drive applications. These turbines are versatile and efficient, suitable for various industrial and energy sectors requiring reliable and flexible power solutions. GE had spun of a new company GE Vernova in 2023, will be handling all renewable energy.  

Key Companies in the Micro Gas Turbine for Aeroderivative and Energy Market includes.

• Capstone Green Energy


• GE (General Electric)


• Rolls-Royce Holdings plc


• Safran


• Ansaldo Energia S.p.A


• Bladon Micro Turbine


• UAV Turbines


• Aurelia Turbines


• Solar Turbines


• Others

Micro Gas Turbine for Aeroderivative and Energy Market Segmentation:

Micro Gas Turbine for Aeroderivative and Energy Technology Outlook

• Non-Recuperated


• Recuperated

Micro Gas Turbine for Aeroderivative and Energy Capacity Outlook

• 25kW to 100kW


• 100kW to 300kW


• 300kW to 500kW

Micro Gas Turbine for Aeroderivative and Energy Force Outlook

• 400N – 700N


• 700N – 1000N


• 1500N – 2000N

Micro Gas Turbine for Aeroderivative and Energy Fuel Type Outlook

• Natural gas


• Methane


• Hydrogen


• Biogas


• SAF


• Others

Micro Gas Turbine for Aeroderivative and Energy End Use Outlook

• Power Generation


• Combined Heat and Power (CHP)


• Combined Cooling, Heating, and Power (CCHP)


• Waste Heat Recovery


• Oil and Gas Industry


• Electric Vehicle (EV) Charging


• Emergency Backup


• Aviation
  
  
  
  • eVTOL
  
  
  • Commercial Drones
  
  
  • Defense
  
  
  • Other Aviation
  
  
  
  


• Other End-Use

Micro Gas Turbine for Aeroderivative and Energy Regional Outlook

• North America
  
  
  
  • US
  
  
  • Canada
  
  
  • Mexico
  
  
  
  


• Europe
  
  
  
  • Germany
  
  
  • UK
  
  
  • France
  
  
  • Spain
  
  
  • Italy
  
  
  • Russia
  
  
  • Rest of Europe
  
  
  
  


• Asia-Pacific
  
  
  
  • China
  
  
  • Japan
  
  
  • India
  
  
  • South Korea
  
  
  • Rest of Asia-Pacific
  
  
  
  


• Latin America
  
  
  
  • Brazil
  
  
  • Argentina
  
  
  • Rest of Latin America
  
  
  • Middle East & Africa
  
  
  • GCC Countries
  
  
  • South Africa
  
  
  • Rest of Middle East & Africa