Top 9 Microturbine Companies

The global microturbine market reached a value of US$ 83.8 Billion in 2023. As per the analysis by IMARC Group, the top manufacturers in the microturbine industry are focusing on product innovations to expand their product portfolio and gain a competitive edge in the market. Consequently, they are offering microturbines that are stable and provide reliable power with minimal emissions of greenhouse gases (GHGs), such as carbon dioxide (CO₂), carbon monoxide (CO), sulfur oxide (SO₂), and nitrogen oxide (NO₂). In addition, key market players are extending their Energy as a Service (EaaS) business model to expand the long-term microturbine rental business. They are also getting engaged in multimillion-worth agreements with government establishments and safeguarding a profitable income for their respective company. Moreover, top manufacturers are delivering combined heat and power (CHP) clean energy system to various industries, such as oil and gas, mining, construction, and wastewater treatment. Besides this, the growing number of shopping malls, resorts, sports complexes, and hotels due to the rising technological advancements in the digital economy and information technology (IT) and telecommunication sectors is offering lucrative growth opportunities to key market players. Looking forward, the market is expected to reach US$ 160.2 Billion by 2032, growing at a CAGR of 7.2% during the forecast period (2024-2032).

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List of Top Microturbine Manufacturers and Companies in the World:

Ansaldo Energia SPA

Establishment: 1853
Headquarters: Genoa, Italy
Website: https://www.ansaldoenergia.com/

Ansaldo Energia SPA provides proven and flexible solutions for the power generation industry across the globe. It covers every stage in the construction, design, commissioning, servicing, and maintenance of both complete plants and hi-tech equipment. It provides sustainable and innovative power generation with the aim to ensure a lower environmental impact and high flexibility in energy production. It also offers fusion and waste management services in the nuclear sector and supports its customers in the delicate phase of the energy transition with green products and innovative storage solutions.

Bladon Micro Turbine

Establishment: 2002
Headquarters: Warwick, UK
Website: https://www.bladonmt.com/

Bladon Micro Turbine is a pioneer in developing, designing, and manufacturing Micro Turbine Gensets (MTGs) using high-speed, ultra-reliable, and clean-burning microturbines together with patented air-bearing and heat exchanger technologies, which will transform distributed power generation. The company is an original equipment manufacturer (OEM), combining world-renowned British engineering and design expertise with innovative manufacturing processes. It offers enhanced Micro Turbine Genset (MTG) to volume production for distribution worldwide.

Capstone Green Energy Corporation

Establishment: 1988
Headquarters: California, United States
Website: https://www.capstonegreenenergy.com/

Capstone Green Energy Corporation provides customized microgrid solutions and on-site energy technology systems that help customers across the globe meet their carbon reduction, energy savings, and resiliency goals. It offers rental solutions utilizing its microturbine energy systems and battery storage systems through its Energy as a Service (EaaS) business. It also provides comprehensive Factory Protection Plan (FPP) service contracts that guarantee life-cycle costs as well as aftermarket parts. The company relies on highly efficient, low-emission, and resilient microturbine energy systems to deliver scalable solutions to a broad range of customer-tailored solutions, including hybrid energy systems and larger-frame industrial turbines.

FlexEnergy Solutions

Establishment: 2019
Headquarters: California, United States
Website: https://www.flexenergy.com/

FlexEnergy Solutions designs and manufactures power-generating systems for private and public entities. The company offers superior power solutions with the highest value at the lowest available cost. It is expanding its international presence, strengthening its client partnerships, and broadening its focus to help reduce greenhouse gas emissions from power delivery across the globe. It is a leading organization of engineering, technology, and data-driven professionals who provide flexible power solutions to industrial and commercial institutions that require consistent and reliable power.

Brayton Energy, LLC

Establishment: 2004
Headquarters: Hampton, United States
Website: https://www.braytonenergy.net/

Brayton Energy, LLC is an enhanced research and development (R&D) firm dedicated to sustainable and efficient energy production. It specializes in designing, prototyping, and testing turbomachinery and gas turbine systems. It provides alternative energy systems, such as concentrated solar power, energy storage, pebble bed reactors, hybrid vehicles, and aircraft propulsion. Brayton Energy, LLC holds expertise in turbomachinery, gas turbines, combustion systems, and high-temperature heat exchangers. It also includes a heat exchanger pilot production, a CNC machining center, special ceramic processing, prototype fabrication equipment, and laboratory facilities for combustion and turbomachinery testing.

Toyota Motor Corporation

Establishment: 1937
Headquarters: Aichi, Japan
Website: https://global.toyota/en/

Toyota Motor Corporation (Toyota) designs, manufactures, and sells passenger cars, buses, minivans, trucks, specialty cars, and recreational and sport-utility vehicles. It provides financing to dealers and customers for purchasing or leasing vehicles. The company is also involved in housing, financial services, telecommunications, and information technology businesses. Its financial services include retail leasing, and retail, insurance and wholesale financing. It delivers services across the Americas, Europe, Africa, Asia Pacific, and the Middle East.

Micro Turbine Technology B.V. (MTT)

Establishment: 2003
Headquarters: Eindhoven, Netherlands
Website: http://www.mtt-eu.com/

Micro Turbine Technology B.V. (MTT) is a manufacturer of micro gas turbines used in domestic and small and medium-sized enterprise applications. The company specializes in combustion technologies, recuperator technology, heat exchange concepts, and microturbine control. It assists in enabling the development and commercialization of advanced micro gas turbines and applications for various markets. It offers low-cost micro gas turbines which act as a ‘prime mover’ for converting small-scale thermal energy into mechanical and electrical power.

ICR Turbine Engine Corporation (ICRTec)

Establishment: 2009
Headquarters: Hampton, United States
Website: https://www.icrtec.com/

ICR Turbine Engine Corporation (ICRTec) is a turbine engine company dedicated to deliver the next generation of power, which is a better alternative to traditional piston engines that unites leading energy efficiency, reliability, and operating costs with near-zero emissions. The company offers engines with superior fuel efficiency and multi-fuel capability, which is better than CARB compliance without additives or added equipment.

Calnetix Technologies, LLC

Establishment: 1998
Headquarters: California, United States
Website: https://www.calnetix.com/

Calnetix Technologies, LLC is developing and introducing numerous innovations for a variety of applications and industries. It provides path-bending advances in technology to customers in various industries. It currently designs, develops, and manufactures products for the aerospace, automotive, defense, energy, food, medical, marine, power generation, semiconductor, and wastewater industries.

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