DUBLIN, April 28, 2014 /PRNewswire/ --

Research and Markets (http://www.researchandmarkets.com/research/wkfng6/global) have announced the addition of the "Global Microturbine Market 2014-2018" report to their offering. 

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One of the major trends being witnessed in the Global Microturbine market is the opportunity to sell excess generated power to the main power grid and thereby offset costs. Many industrial and commercial projects use microturbines for their power requirement during the life span of the projects. 

During this time, the excess power that is generated can be sold to the main grid, enabling these companies to earn sizable revenue. For generating extra power, many vendors are operating microturbines at the highest practical temperature. This will increase the pressure ratio, which results in higher efficiency and specific power. Hence, the opportunity to sell excess power to the grid will propel the growth of the Global Microturbine market over the next few years.

According to the report, one of the major drivers in this market is the rising global energy demand. The increasing demand for energy across the globe has a positive influence on the demand for microturbines, which is expected to continue during the remaining years of the forecast period.

Further, the report states that one of the major challenges in this market is the difficulty in interconnection with the power grids. During the injection of electricity generated by microturbines into the power grid, the frequency has to be maintained to avoid any complexity. Moreover, any voltage fluctuations or a difference in the configuration of control wires in the microturbines could lead to interconnection issues, which could result in the wastage of the power generated.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. 

Key Topics Covered: 

01. Executive Summary

02. List of Abbreviations

03. Scope of the Report

04. Market Research Methodology

05. Introduction

06. Market Landscape

07. Market Segmentation by Application

08. Market Segmentation by End-users

09. Geographical Segmentation

10. Key Leading Countries

11. Buying Criteria

12. Market Growth Drivers

13. Drivers and their Impact

14. Market Challenges

15. Impact of Drivers and Challenges

16. Market Trends

17. Trends and their Impact

18. Vendor Landscape

19. Key Vendor Analysis

20. Other Reports in this Series

Companies Mentioned:

• Ansaldo Energia S.p.A
• Bowman Power Group Ltd.
• Capstone Turbine Corp.
• Elliott Co. Inc.
• FlexEnergy Inc.

For more information visit http://www.researchandmarkets.com/research/wkfng6/global

Media Contact: Laura Wood, +353-1-481-1716, press@researchandmarkets.net

SOURCE Research and Markets