Natural Gas Fired Electricity Generation Market Demand To Reach 70,500.0 MW By 2027

Grand View Research, Inc. - Seite 2

Industry participants are entering into various strategic collaborations with the governments of some of the countries to aid them to renovate and modernize the power sector of the respective countries. Furthermore, vendors are utilizing joint ventures and mergers and acquisitions in order to develop advanced technologies and expand their foothold across various regional markets.

However, the production of natural gas is concentrated in a few countries, which results in the risk of gas supply disruptions owing to geopolitical tensions, eventually affecting trade and supply of natural gas. Furthermore, the rise in adoption of renewable energy technologies is estimated to hamper the growth of the market in the forecast period.

Grand View Research has segmented the global natural gas fired electricity generation market on the basis of technology, end-use, and region:

• Natural Gas Fired Electricity Generation Technology Outlook (Volume, MW; Revenue, USD Million, 2016 - 2027)
• Open Cycle
• Combined Cycle
• Natural Gas Fired Electricity Generation End-use Outlook (Volume, MW; Revenue, USD Million, 2016 - 2027)
• Power & Utility
• Industrial
• Natural Gas Fired Electricity Generation Regional Outlook (Volume, MW; Revenue, USD Million, 2016 - 2027)
• North America
• U.S.
• Europe
• Russia
• Asia Pacific
• China
• Japan
• Thailand
• Middle East & Africa
• Saudi Arabia
• Central & South America
• Iraq

List of Key Players of Natural Gas Fired Electricity Generation Market

• General Electric
• Siemens AG
• Mitsubishi Hitachi Power Systems, Ltd.
• Kawasaki Heavy Industries, Ltd.
• Ansaldo Energia S.P.A.

Find more research reports on  Conventional Energy Industry, by Grand View Research:

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• Gas Turbine Market – Global gas turbine market size was valued at USD 19.6 billion in 2019 and is expected to grow at a compound annual growth rate (CAGR) of 5.4% from 2020 to 2027.

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