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Microturbines Market Gains Traction Amid Rising Energy Efficiency Demand
The global microturbines market was valued at USD 210.0 Mn in 2024 and is projected to reach USD 541.9 Mn by the end of 2035, expanding at a CAGR of 9.0% from 2025 to 2035. Market growth is driven by rising demand for distributed energy generation, increasing adoption of combined heat and power (CHP) systems, and the need for low-emission and fuel-flexible power solutions. Growing investments...
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