Natural Gas Generator Market Size Worth $10.87 Billion by 2025

Grand View Research, Inc. - Seite 2

The global electricity demand is anticipated to witness an increase of nearly two-thirds the current demand over the forecast period. The current availability of natural gas in large quantities and its relatively lower prices, especially in regions such as North America and Europe, have led to an increase in power generation using natural gas.

Increasing focus on electricity generation through cleaner sources and environmental concerns arising from diesel generators are the factors anticipated to increase the share of natural gas generator set in the coming years.

Conventional generators such as diesel generator emit harmful gases including nitrogen oxide, hydrocarbons, and carbon monoxide due to the combustion of diesel. Due to this, different regulatory bodies have imposed stringent regulations that pose a barrier to the usage of diesel generators. This, in turn, has resulted in the growth of eco-friendly alternatives of diesel generators such as natural gas generator.

Emerging economies in Asia Pacific region such as India, China, Japan and others have witnessed a strong growth in commercial sectors. IT, telecom and retail sector, resulting in the growth of demand for natural generators over diesel generator for back-up power application owing to the increasing stringent government regulation to curb greenhouse gas emission caused by diesel generator. 

Grand View Research has segmented the global natural gas generator market based on power rating, application, and region:

• Natural Gas Generator Market Power Rating Outlook (Revenue, USD Million, 2014 - 2025)
• Low Power Generator
• Medium Power Generator
• High Power Generator
• Natural Gas Generator Market Application Outlook (Revenue, USD Million, 2014 - 2025)
• Industrial
• Commercial
• Residential
• Natural Gas Generator Market Regional Outlook (Revenue, USD Million, 2014 - 2025)
• North America
• U.S.
• Canada
• Mexico
• Europe
• Russia
• Germany
• U.K.
• France
• Asia Pacific
• China
• India
• Japan
• South Korea
• Central & South America
• Brazil
• Argentina
• Middle East and Africa
• UAE
• Saudi Arabia

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