Distributed Natural Gas-Fueled Generation Trends and Forecast
The future of the global distributed natural gas-fueled generation market looks promising with opportunities in the residential, commercial/industrial, and building & institutional markets. The global distributed natural gas-fueled generation market is expected to reach an estimated $62.3 billion by 2030 with a CAGR of 10.1% from 2024 to 2030. The major drivers for this market are increasing demand for energy efficiency natural gas, rising fuel prices, and growing concern towards air pollution in the environment.A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Distributed Natural Gas-Fueled Generation by Segment
The study includes a forecast for the global distributed natural gas-fueled generation by technology, end use, and region.Distributed Natural Gas-Fueled Generation Market by Technology [Shipment Analysis by Value from 2018 to 2030]:
- Natural Gas Gensets
- Stationary Fuel Cells
- Microturbine
Distributed Natural Gas-Fueled Generation Market by End Use [Shipment Analysis by Value from 2018 to 2030]:
- Residential
- Commercial/Industrial
- Building & Institutional
Distributed Natural Gas-Fueled Generation Market by Region [Shipment Analysis by Value from 2018 to 2030]:
- North America
- Europe
- Asia Pacific
- The Rest of the World
List of Distributed Natural Gas-Fueled Generation Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies distributed natural gas-fueled generation companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the distributed natural gas-fueled generation companies profiled in this report include-- Toyota Tsusho
- Mitsubishi Electric
- Schneider Electric
- Vestas
- General Electric
- Siemens
- Rolls-Royce
Distributed Natural Gas-Fueled Generation Market Insights
The publisher forecasts that natural gas genset is expected to witness highest growth over the forecast period due to its rising usage in remote areas as an effective solution for increasing energy demand and addressing power shortages.Within this market, commercial/industrial will remain the largest segment due to significant use of natural gas among industries to obtain continuous power supply.
APAC is expected to witness highest growth over the forecast period.
Features of the Global Distributed Natural Gas-Fueled Generation Market
- Market Size Estimates: Distributed natural gas-fueled generation market size estimation in terms of value ($B).
- Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
- Segmentation Analysis: Distributed natural gas-fueled generation market size by technology, end use, and region in terms of value ($B).
- Regional Analysis: Distributed natural gas-fueled generation market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
- Growth Opportunities: Analysis of growth opportunities in different technologies, end uses, and regions for the distributed natural gas-fueled generation market.
- Strategic Analysis: This includes M&A, new product development, and competitive landscape of the distributed natural gas-fueled generation market.
- Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the distributed natural gas-fueled generation market size?Answer: The global distributed natural gas-fueled generation market is expected to reach an estimated $62.3 billion by 2030.
Q2. What is the growth forecast for distributed natural gas-fueled generation market?
Answer: The global distributed natural gas-fueled generation market is expected to grow with a CAGR of 10.1% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the distributed natural gas-fueled generation market?
Answer: The major drivers for this market are increasing demand for energy efficiency natural gas, rising fuel prices, and growing concern towards air pollution in the environment.
Q4. What are the major segments for distributed natural gas-fueled generation market?
Answer: The future of the distributed natural gas-fueled generation market looks promising with opportunities in the residential, commercial/industrial, and building & institutional markets.
Q5. Who are the key distributed natural gas-fueled generation market companies?
Answer: Some of the key distributed natural gas-fueled generation companies are as follows:
- Toyota Tsusho
- Mitsubishi Electric
- Schneider Electric
- Vestas
- General Electric
- Siemens
- Rolls-Royce
Answer: The publisher forecasts that natural gas genset is expected to witness highest growth over the forecast period due to its rising usage in remote areas as an effective solution for increasing energy demand and addressing power shortages.
Q7. In distributed natural gas-fueled generation market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness highest growth over the forecast period.
Q.8 Do we receive customization in this report?
Answer: Yes, the publisher provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the distributed natural gas-fueled generation market by technology (natural gas gensets, stationary fuel cells, and microturbine), end use (residential, commercial/industrial, and building & institutional), and region (North America, Europe, Asia Pacific, and the Rest of the World)?Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
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Table of Contents
1. Executive Summary
2. Global Distributed Natural Gas-Fueled Generation Market : Market Dynamics
3. Market Trends and Forecast Analysis from 2018 to 2030
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
5. Competitor Analysis
6. Growth Opportunities and Strategic Analysis
7. Company Profiles of Leading Players
Companies Mentioned
- Toyota Tsusho
- Mitsubishi Electric
- Schneider Electric
- Vestas
- General Electric
- Siemens
- Rolls-Royce
Methodology
The analyst has been in the business of market research and management consulting since 2000 and has published over 600 market intelligence reports in various markets/applications and served over 1,000 clients worldwide. Each study is a culmination of four months of full-time effort performed by the analyst team. The analysts used the following sources for the creation and completion of this valuable report:
- In-depth interviews of the major players in the market
- Detailed secondary research from competitors’ financial statements and published data
- Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
- A compilation of the experiences, judgments, and insights of professionals, who have analyzed and tracked the market over the years.
Extensive research and interviews are conducted in the supply chain of the market to estimate market share, market size, trends, drivers, challenges and forecasts.
Thus, the analyst compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. The analyst then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process.
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