Natural Gas Generator Global Market Report 2026

A natural gas generator operates by using natural gas instead of petrol or diesel to generate electricity through a combustion process involving a mixture of fuel and air.

The primary types of natural gas generators include standby and prime models. Standby generators serve as backup power sources, ensuring continuous electricity supply to businesses, commercial and industrial applications, or facilities during power outages. They come in various power ratings such as low, medium, and high in both single-phase and three-phase configurations, constructed using materials such as aluminum, composite, or steel. These generators cater to the needs of industrial, commercial, and residential end-users.

Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report's Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.

Tariffs have impacted the natural gas generator market by increasing the cost of imported engines, alternators, steel housings, and electronic control units used across industrial, commercial, and residential generator systems. These effects are most visible in North America, Europe, and Asia-Pacific, where manufacturers depend heavily on cross-border component sourcing. Nevertheless, tariffs are promoting localized fabrication, regional material sourcing, and the development of cost-efficient natural gas generator designs, improving long-term resilience and supporting cleaner energy adoption.

The natural gas generator market research report is one of a series of new reports from The Business Research Company that provides natural gas generator market statistics, including the natural gas generator industry's global market size, regional shares, competitors with a natural gas generator market share, detailed natural gas generator market segments, market trends, and opportunities, and any further data you may need to thrive in the natural gas generator industry. This natural gas generator market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The natural gas generator market size has grown strongly in recent years. It will grow from $8.73 billion in 2025 to $9.55 billion in 2026 at a compound annual growth rate (CAGR) of 9.4%. The growth in the historic period can be attributed to growth in use of conventional gas-based generators, increasing deployment in industrial facilities, reliance on steel-based genset enclosures, adoption of standby generators in commercial spaces, rise in residential emergency power systems.

The natural gas generator market size is expected to see rapid growth in the next few years. It will grow to $14.01 billion in 2030 at a compound annual growth rate (CAGR) of 10.1%. The growth in the forecast period can be attributed to increasing demand for low-emission backup power, rising adoption of remote generator monitoring, expansion of distributed energy systems, development of hybrid natural gas gensets, growth in industrial and commercial automation. Major trends in the forecast period include expansion of low-emission natural gas power systems, adoption of IoT-enabled generator monitoring, development of digitalized power management platforms, advancement of clean distributed energy technologies, integration of smart industrial backup solutions.

The anticipated growth of the natural gas generator market is expected to be fueled by the rising production of natural gas in the coming years. Natural gas is a fossil fuel primarily composed of methane (CH4), along with small quantities of other hydrocarbons, nitrogen, carbon dioxide, and various gases. Natural gas generators enhance the efficiency, reliability, and sustainability of natural gas production by supplying on-site power for essential operations throughout the production and processing stages. For example, the Energy Information Administration, a government agency in the US, reported in September 2024 that domestic dry natural gas production reached 37.8 trillion cubic feet (Tcf) in 2023, averaging 103.6 billion cubic feet per day (Bcf/d). This figure represents a 4.3% increase compared to the 2022 level of 99.3 Bcf/d. As a result, the rising production of natural gas is driving the growth of the natural gas generator market.

Major companies in the monolithic microwave integrated circuit (MMIC) market are concentrating on creating advanced beamforming solutions to boost the performance of satellite communication (SATCOM) systems. Beamforming technology within MMICs enables accurate steering of signals and optimized power distribution, leading to better connectivity, higher data rates, and greater efficiency in satellite terminals. For example, in March 2025, Qorvo, a US-based supplier of innovative RF technologies, launched its new-generation Ku-band beamformers tailored for high-performance SATCOM terminals. These beamformers provide enhanced integration, superior signal precision, and scalable performance, enabling more efficient and reliable satellite communication across defense, commercial, and aerospace applications.

In March 2023, Brookfield Renewable Partners, a prominent UK-based renewable energy company, joined forces with other entities to complete the acquisition of Origin Energy for $10.21 billion. This strategic acquisition significantly broadens Brookfield's renewable energy portfolio, encompassing natural gas generation alongside various renewable power technologies. Origin Energy, an Australia-based energy company, holds expertise in manufacturing natural gas generators, thus enhancing Brookfield's array of renewable energy offerings.

Major companies operating in the natural gas generator market are Caterpillar Inc., Generac Power System, Cummins Inc., General Electric Company., Kohler Co. Inc., Mahindra Powerol, MTU-onsite Energy GMBH, Yanmar Co. Ltd., Coopercorp Generators, Mitsubishi Heavy Industries Ltd., Aggreko Plc., APR Energy Inc., Jinan Diesel Engine Co.Ltd., Shandong Naipute Gas Power Co.Ltd., Zibo Diesel Engine Parent Company, Himonsa S.L., Ettes Power Technology Co. Ltd., Wartsila Corporation, Siemens Aktiengesellschaft, Rolls-Royce Power Systems AG, Doosan Corporation, Dresser-Rand Group Inc., INNIO Group Holding GmbH, JFE Engineering Corporation, MAN Energy Solutions SE, Kawasaki Heavy Industries Ltd., Liebherr-International AG, Perkins Engines Company Limited, Atlas Copco AB., Briggs & Stratton Corporation

North America was the largest region in the natural gas generators market in 2025.Asia-Pacific is expected to be the fastest-growing region in the global natural gas generator market report during the forecast period. The regions covered in the natural gas generator market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the natural gas generator market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The natural gas generators market consists of sales of engines, fuel systems, voltage regulators, cooling systems, and exhaust systems. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

Natural Gas Generator Market Global Report 2026 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses natural gas generator market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

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Where is the largest and fastest growing market for natural gas generator ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The natural gas generator market global report from the Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, total addressable market (TAM), market attractiveness score (MAS), competitive landscape, market shares, company scoring matrix, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.

• The market characteristics section of the report defines and explains the market. This section also examines key products and services offered in the market, evaluates brand-level differentiation, compares product features, and highlights major innovation and product development trends.
• The supply chain analysis section provides an overview of the entire value chain, including key raw materials, resources, and supplier analysis. It also provides a list competitor at each level of the supply chain.
• The updated trends and strategies section analyses the shape of the market as it evolves and highlights emerging technology trends such as digital transformation, automation, sustainability initiatives, and AI-driven innovation. It suggests how companies can leverage these advancements to strengthen their market position and achieve competitive differentiation.
• The regulatory and investment landscape section provides an overview of the key regulatory frameworks, regularity bodies, associations, and government policies influencing the market. It also examines major investment flows, incentives, and funding trends shaping industry growth and innovation.
• The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
• The forecasts are made after considering the major factors currently impacting the market. These include the technological advancements such as AI and automation, Russia-Ukraine war, trade tariffs (government-imposed import/export duties), elevated inflation and interest rates.
• The total addressable market (TAM) analysis section defines and estimates the market potential compares it with the current market size, and provides strategic insights and growth opportunities based on this evaluation.
• The market attractiveness scoring section evaluates the market based on a quantitative scoring framework that considers growth potential, competitive dynamics, strategic fit, and risk profile. It also provides interpretive insights and strategic implications for decision-makers.
• Market segmentations break down the market into sub markets.
• The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth.
• Expanded geographical coverage includes Taiwan and Southeast Asia, reflecting recent supply chain realignments and manufacturing shifts in the region. This section analyzes how these markets are becoming increasingly important hubs in the global value chain.
• The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
• The company scoring matrix section evaluates and ranks leading companies based on a multi-parameter framework that includes market share or revenues, product innovation, and brand recognition.

Scope

• Markets Covered:1) By Type: Standby; Prime
• 2) By Power Rating: Low Power Genset; Medium Power Genset; High Power Genset
• 3) By Phase: Single Phase; 3 Phase
• 4) By Material: Aluminum; Composite; Steel
• 5) By End User: Industrial; Commercial; Residential
• Subsegments:
• 1) By Standby: Automatic Standby Generators; Manual Standby Generators
• 2) By Prime: Continuous Prime Generators; Variable Load Prime Generators
• Companies Mentioned: Caterpillar Inc.; Generac Power System; Cummins Inc.; General Electric Company.; Kohler Co. Inc.; Mahindra Powerol; MTU-onsite Energy GMBH; Yanmar Co. Ltd.; Coopercorp Generators; Mitsubishi Heavy Industries Ltd.; Aggreko Plc.; APR Energy Inc.; Jinan Diesel Engine Co.Ltd.; Shandong Naipute Gas Power Co.Ltd.; Zibo Diesel Engine Parent Company; Himonsa S.L.; Ettes Power Technology Co. Ltd.; Wartsila Corporation; Siemens Aktiengesellschaft; Rolls-Royce Power Systems AG; Doosan Corporation; Dresser-Rand Group Inc.; INNIO Group Holding GmbH; JFE Engineering Corporation; MAN Energy Solutions SE; Kawasaki Heavy Industries Ltd.; Liebherr-International AG; Perkins Engines Company Limited; Atlas Copco AB.; Briggs & Stratton Corporation
• Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Taiwan; Russia; South Korea; UK; USA; Canada; Italy; Spain.
• Regions: Asia-Pacific; South East Asia; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
• Time Series: Five years historic and ten years forecast.
• Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
• Data Segmentations: country and regional historic and forecast data, market share of competitors, market segments.
• Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
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