India Microturbine Market 2033

India Microturbine Market Size, Share, Trends and Forecast by Application, Power Rating, End-User, and Region, 2025-2033

Report Format: PDF+Excel | Report ID: SR112025A30230

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India Microturbine Market Overview:

The India microturbine market size reached USD 8.1 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 14.9 Billion by 2033, exhibiting a growth rate (CAGR) of 6.3% during 2025-2033. The market is experiencing robust growth, fueled by an increasing industrial demand for decentralized and clean energy solutions. Furthermore, this trend is supported by significant investments and government policies promoting renewable energy and technological innovation.

Report Attribute	Key Statistics
Base Year	2024
Forecast Years	2025-2033
Historical Years	2019-2024
Market Size in 2024	USD 8.1 Billion
Market Forecast in 2033	USD 14.9 Billion
Market Growth Rate (2025-2033)	6.3%

India Microturbine Market Trends:

Increasing Demand from Industrial and Commercial Sectors

Industries and commercial establishments in India are increasingly adopting microturbines to address rising energy costs and grid instability. Manufacturing units, data centers, hotels, and healthcare facilities require uninterrupted power supply, making microturbines an attractive solution for reliable and cost-effective power generation. The rising focus on energy security and decentralized power systems is driving the installation of microturbines in industrial clusters. For instance, in October 2024, Hitachi Energy India announced plans to invest Rs 2,000 crore over the next four to five years to develop transmission and energy transition products. The investment aims to enhance capacity, supply chain, and digital flexibility as part of its 2030 strategy. Additionally, the expansion of smart cities and urban infrastructure projects is creating new opportunities for efficient, small-scale power solutions. Microturbines, with their compact design, high efficiency, and ability to operate in cogeneration mode, are increasingly being used to provide combined heat and power (CHP) solutions, further improving energy efficiency and operational cost savings for businesses.

India Microturbine Market Size

Grwing Emphasis on Clean and Sustainable Energy Solutions

The shift toward clean energy solutions is driving the adoption of microturbines in India. Industries are under increasing pressure to reduce carbon emissions and improve energy efficiency, leading to greater investment in low-emission power technologies. In line with this, the Indian government’s focus on sustainability goals and emission reductions through initiatives is encouraging industries to explore decentralized, cleaner power generation. For instance, in 2023, the Government of India announced an investment of USD 68 billion in clean energy, with nearly half allocated to low-emissions power generation, including solar PV. Moreover, microturbines, known for their lower NOx emissions and ability to run on multiple fuels such as natural gas and biogas, are gaining traction in renewable energy integration. Additionally, advancements in hybrid power systems, where microturbines are combined with solar or wind energy, are further driving their adoption, enhancing efficiency and lowering environmental impact.

India Microturbine Market Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the region level for 2025-2033. Our report has categorized the market based on application, power rating, and end-user.

Application Insights:

Combined Heat and Power (CHP)
Standby Power

The report has provided a detailed breakup and analysis of the market based on the application. This includes combined heat and power (CHP) and standby power.

Power Rating Insights:

12 kW – 50 kW
50 kW – 250 kW
250 kW – 500 kW

A detailed breakup and analysis of the market based on the power rating have also been provided in the report. This includes 12 kW – 50 kW, 50 kW – 250 kW, and 250 kW – 500 kW.

End-User Insights:

Residential
Commercial
Industrial

The report has provided a detailed breakup and analysis of the market based on the end-user. This includes residential, commercial, and industrial.

Regional Insights:

North India
South India
East India
West India

The report has also provided a comprehensive analysis of all the major regional markets, which include North India, South India, East India, and West India.

Competitive Landscape:

The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.

India Microturbine Market News:

In January 2024, Aerostrovilos Energy, a startup based at IIT Madras, announced plans to develop India's first indigenous micro gas turbine for power generation. This venture seeks to reduce dependence on foreign technology and propel India towards sustainable energy solutions.

India Microturbine Market Report Coverage:

Report Features	Details
Base Year of the Analysis	2024
Historical Period	2019-2024
Forecast Period	2025-2033
Units	Billion USD
Scope of the Report	Exploration of Historical Trends and Market Outlook, Industry Catalysts and Challenges, Segment-Wise Historical and Future Market Assessment: Application Power Rating End-User Region
Applications Covered	Combined Heat and Power (CHP), Standby Power
Power Ratings Covered	12 kW – 50 kW, 50 kW – 250 kW, 250 kW – 500 kW
End Users Covered	Residential, Commercial, Industrial
Regions Covered	North India, South India, East India, West India
Customization Scope	10% Free Customization
Post-Sale Analyst Support	10-12 Weeks
Delivery Format	PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

Key Questions Answered in This Report:

How has the India microturbine market performed so far and how will it perform in the coming years?
What is the breakup of the India microturbine market on the basis of application?
What is the breakup of the India microturbine market on the basis of power rating?
What is the breakup of the India microturbine market on the basis of end-user?
What is the breakup of the India microturbine market on the basis of region?
What are the various stages in the value chain of the India microturbine market?
What are the key driving factors and challenges in the India microturbine market?
What is the structure of the India microturbine market and who are the key players?
What is the degree of competition in the India microturbine market?

Key Benefits for Stakeholders:

IMARC’s industry report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the India microturbine market from 2019-2033.
The research report provides the latest information on the market drivers, challenges, and opportunities in the India microturbine market.
Porter's five forces analysis assist stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the India microturbine industry and its attractiveness.
Competitive landscape allows stakeholders to understand their competitive environment and provides an insight into the current positions of key players in the market.

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