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Increasing preferences for clean energy generation sources is stimulating the growth of the microturbines systems market

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  Microturbines system are turbine blades that have an acoustic modeling component. It is generally an air compressor or engine designed for use in small-scale turbine applications. The size of the turbine blades is in turn dependent upon the requirements of the application and the turbine's performance characteristics. The basic function of microturbines is to provide electrical energy to an application without the need for modifications and the reduction of cost. Growing preferences for lower emission power generation sources are driving the growth of the microturbine systems market. They provide significant advantages such as the ability to run on multiple fuels, compact size, and higher efficiency which automatically reduce the electricity costs. This factor is driving the demand from a wide range of industries. The rise in shale gas exploration coupled with the increasing implementation of strict government regulations is also expected to augment the growth of the microturbi...

Increasing Adoption of Microturbines and Launch of Products with Flexible Power Source to Augment Growth of Microturbine Systems Market

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  Microturbine systems are generally scaled-down versions of turbine engines. These systems come in many varieties. Microturbines provide both utility and military applications and are highly adaptable. They are typically small enough to fit in a vehicle's chassis or can be mounted on a building's roof. They can operate with a variety of fuels, can sense the wind and vary the blade speeds to alter the speed of the rotor's rotors. Applications of microturbines include, industrial (mining, oil & gas, wastewater plants, and land rigs) and commercial sector (hotels, office buildings, schools, sports centers, supermarkets, swimming pools, and hospitals). Market Dynamics             Increasing adoption of microturbines is expected to propel growth of the global microturbine systems market. For instance, in February 2021, Capstone Turbine Corporation announced that Cal Microturbine, Capstone's exclusive distributor for Califor...