Natural gas generator market size, demand & global opportunity analysis outlook 2021

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Global Natural Gas Generator Outlook:

Industry Insights & Opportunity Evaluation,

2015-2021

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Global Natural Gas Generator Market Overview

Natural gas generators are scattered power generation

units that use reciprocating interior combustion engines to

generate useable power from gaseous fuels. Although, the

natural gas generators proposes environmental benefits

due to low emission level but can’t match the diesel

generators in various aspects like performance.

Global natural generators market is estimated to witness

steady growth in next 10 years of time and anticipated to

reach USD 120 Billion by 2021 end.

Market Segmentation

By Phase

On the basis of Phase, the global natural generators

market is segmented into:

Single Phase

3 phase

By RPM (revolution per minute)

On the basis of RPM (revolution per minute), the global

natural generators market is segmented into:

1800 rpm

2300-2900 rpm

3600 rpm

By Material

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On the basis of Material, the global natural generator

market is segmented into:

Aluminum

Composite

Steel

By Application

On the basis of application, the global natural generator

market is segmented into:

Commercial building

Residential building

Industrial building

By Region

On the basis of region the global natural generator market

is segmented into:

North America

Latin America

Western And Eastern Europe

Asia-Pacific

Middle East and North Africa (MENA)

Row (Rest Of World)

Growth Drivers and challenges

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Infrastructure development, huge demand for clean

energy devices to meet government stringent

environmental regulations, rapid evolution in

industrialization and commercialization sector and

economic growth in the developing countries are the major

growth drivers of the global natural gas generators market

in near future.

In addition to this, increasing expenditure in research and

development for discovering new gas fields is also

expected to expand the global natural gas generator

market. A spiked momentum in exploration and

production is expected to bring down the gas/fuel cost in

near future, thus helping end-user to opt for natural gas

generators.

However, scarcity of natural gas infrastructure in

developing countries is the major restrains of the global

natural gas generator market.

Market Size and Forecast

Global installed capacity in natural gas generators are

estimated to grow from 12.9 GW in 2015 to 26.3 GW by

2024 end.

The intensifying demand for power in developing regions

such as Middle East & Africa, Asia-Pacific (especially in

South-Asian countries like India and China) and Eastern

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Europe are prompting high demand for global natural gas

generator market.

Key Players

Caterpillar

Cummins

GE

Dresser-Rand

Generac

Himoinsa

Scope and Context

Overview of the Parent Market

Analyst View

Market Size and Growth

• North America (U.S., Canada)

• Latin America (Mexico, Brazil, Rest of Latin America)

• Western and Eastern Europe (Germany, Italy, Spain,

France, U.K, Benelux, Hungary, Rest Of Western Europe,

Russia Poland, Rest of Eastern Europe)

• Asia-Pacific (China, India, Singapore, Japan, Australia

& New Zealand & Rest of Asia)

• Rest of World

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Segmentation

• By Phase

• By RPM (revolution per minute)

• By Material

• By Application

• By Region

Market Dynamics

Supply & Demand Risk

Competitive Landscape

Porter’s Five Force Model

Geographical Economic Activity

Key Players (respective SWOT Analysis) and their

Strategies and Product Portfolio

Recent Trends and Developments

Industry Growth Drivers and Challenges

Key Information for Players to establish themselves in

current dynamic environment

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gas-generator-market-analysis-opportunity-outlook-

2021/77

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