Micro Turbines Market is projected to reach USD 251.0 million by 2022, from an estimated USD 149.8 million in 2016, at a CAGR of 9.46%. Factors such as increasing global electricity demand & subsequent investments in power plants, economic benefits of implementing micro turbines, increasing efforts to reduce global greenhouse gas emissions, and growing adoption of CHP are driving the micro turbine market. However, falling oil & gas prices can hinder the growth of the market.
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