Distributed Natural Gas-Fueled Generation Market Report: Trends, Forecast and Competitive Analysis to 2030

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.

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

Lucintel 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

Q6. Which distributed natural gas-fueled generation market segment will be the largest in future?

Answer: Lucintel 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, Lucintel 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?