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