San Francisco, 25 April 2030: The Report Natural Gas Generator Market Size, Share & Trends Analysis Report By Type (Low Power Genset, Medium Power Genset), By Application (Industrial, Residential, Commercial), By Region, And Segment Forecasts, 2025 - 2030
The global natural gas generator market size is estimated to reach USD 18.67 billion by 2030, registering a CAGR of 11.4% from 2025 to 2030, according to a new report by Grand View Research, Inc. Growing demand for backup power coupled with increasing government regulation to reduce the carbon emission caused by diesel genset is likely to strengthen the growth of the market during the forecast period.
The global electricity demand is anticipated to witness an increase of nearly two-thirds of the current demand during 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, has led to an increase in power generation using natural gas. Increasing focus on electricity generation through cleaner sources and environmental concerns arising from diesel gensets are the factors anticipated to increase the share of natural gas generators set in the coming years.
Conventional gensets, such as diesel gensets, emit harmful gases, including nitrogen oxide, hydrocarbons, and carbon monoxide, due to the combustion of diesel. As a result, different regulatory bodies have imposed strict regulations and thus making it difficult for diesel generators to be used. This has led to the growth of eco-friendly alternatives to diesel gensets, such as natural gas gensets.
Emerging economies in the Asia-Pacific region, such as India, China, Japan, and others, have witnessed strong growth in their commercial sectors. The growth of demand for natural gensets over diesel gensets for backup power applications is owing to the increasingly stringent government regulations to curb greenhouse gas emissions caused by diesel gensets.
This growth can be attributed to the Increasing demand for reliable power supply amidst frequent outages, alongside stringent environmental regulations favoring cleaner energy sources, propelling market expansion. In addition, the rising occurrence of power outages and power supply deficits globally, combined with regulations imposed on diesel gensets due to high levels of carbon emissions, is driving the global demand for natural gas generators. Furthermore, technological advancements enhancing efficiency and performance, combined with rising industrial and commercial activities, are crucial in meeting the escalating energy needs globally.
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This growth can be attributed to the Increasing demand for reliable power supply amidst frequent outages, alongside stringent environmental regulations favoring cleaner energy sources, propelling market expansion. In addition, the rising occurrence of power outages and power supply deficits globally, combined with regulations imposed on diesel gensets due to high levels of carbon emissions, is driving the global demand for natural gas generators. Furthermore, technological advancements enhancing efficiency and performance, combined with rising industrial and commercial activities, are crucial in meeting the escalating energy needs globally.
Natural gas generators convert natural gas into electricity and are increasingly significant in the global energy landscape. The surge in natural gas production is largely attributed to supportive policies that promote sustainable development and reduce greenhouse gas emissions, as natural gas is a cleaner-burning alternative to traditional fuels. In addition, growing industrial and commercial facilities, such as shopping malls, high rises, universities, restaurants, district heating and cooling plants, refineries, office buildings, and others in the U.S., are driving the demand for uninterrupted electricity supply to expand businesses and perform operations efficiently, which propels the demand for natural gas gensets.
Natural disasters and severe weather conditions due to climate change have resulted in extended power outages, driving demand for backup power as a necessary amenity in commercial, residential, and industrial buildings. The abundance of natural gas in the U.S., combined with the well-developed infrastructure for transporting it within the country, has fueled the demand for generator sets in the U.S. Gas generator sets are becoming more popular than diesel generator sets due to the country's shale gas revolution, and this trend is expected to continue in the coming years.
Moreover, another crucial factor is the need for a consistent power supply amid rapid economic growth. As industrial sectors expand and populations grow, the reliance on uninterrupted power has intensified. The information and communication technology sector, particularly data centers, significantly contributes to this demand, necessitating dependable generators.
Key players in the global natural gas generator industry include Kohler Co. Inc., MTU Onsite Energy, Cooper Corp., and others. These players adopt several strategies to improve their competitive edge. These include investing in research and development to innovate and improve generator efficiency, performance, and emissions reduction technologies. Furthermore, strategic partnerships and collaborations with other companies and stakeholders are common and aimed at expanding market reach and sharing expertise.
Online Pharmacy Market 2021Global online pharmacy (E-Pharma) market is expected to reach US$ 150,891.1 million by 2027, growing at an estimated CAGR of 14.8% over the forecast period as they make the life of patients simplerOnline pharmacies tend to provide services that help patients comply with their drug therapies.
This enables the consumers to make informed decisions and save money.
Also, the penetration of new entrants has made the overall online pharmacy market fragmented in nature.
Patients with limited mobility or living far from the pharmacy tend to benefit tremendously from legitimate internet pharmacies.
Owing to attractive advertisement campaigns of pharmaceutical companies on television in the press and low cost products, consumers find the aforementioned option to be more beneficial.
However, risk associated with counterfeit prescription drugs is expected to critically impact the overall market growth.
The global market for Automotive Natural Gas Vehicle (NGV) is segmented on the basis of product, type, services, and technology.
In addition, analysts have also evaluated the changing economics around the market that are likely affecting its course.
On the basis of geography, the global market for a Automotive Natural Gas Vehicle (NGV) has been segmented into: Download FREE Sample of this Report @ https://www.grandresearchstore.com/report-sample/global-automotive-natural-gas-vehicle-2025-833 Global Automotive Natural Gas Vehicle (NGV) market size will reach 11300 million US$ by 2025, from 6582.1 million US$ in 2018, at a CAGR of 7.5% during the forecast period.
Market share, growth rate, and competitive factors are also evaluated for market leaders Maruti Suzuki, Volkswagen, etc.
The following manufacturers are covered in this report: Maruti SuzukiVolkswagenFiatHondaGeneral MotorsRenaultHyundaiFordIran KhodroVolvo GroupPSAC Truck Automotive Natural Gas Vehicle (NGV) Breakdown Data by Type CNG VehicleLNG Vehicle In the global market of natural gas vehicles, CNG cars and LNG cars are the main commodities, among which CNH cars account for nearly 80% of the global market share in 2018.
Automotive Natural Gas Vehicle (NGV) Breakdown Data by Application Passenger CarsCommercial Vehicle In the global market, natural gas vehicles are mainly used in passenger vehicles and commercial vehicles, among which passenger vehicles account for nearly 90% of the market share in 2018.
In our aim to bring the best and complete information to our clients, we at Orbis Research present the 2018 Global Natural Gas Generator Market professional survey.
The well curated survey by the leading research experts and domain knowledge professionals provides clients with the true picture of the Global Natural Gas Generator Market.
The survey is expected to push the understanding of the market and its trends for the clients and help drive the market.
The survey report consists of all key parameters such as the industry overview, which includes the definition, specifications, classification, applications, industry chain structure, global and regional analysis of the market, and the policy and news analysis.Request a sample of this report @ http://www.orbisresearch.com/contacts/request-sample/2132585Owing to the thorough nature of the survey report, it contains an in-depth analysis of the market for the global Natural Gas Generator market as well as for individual regions.
The report also covers the latest trends, developments, upcoming R in the market, and also critical components such as technology, competition, supplies, capacity, production, and price and profit.
Cost structure analysis and manufacturing plans analysis for all parameters is covered in detail in the Global Natural Gas Generator Market survey report.The competition analysis and regional market analysis are the mainstay of the Global Natural Gas Generator Industry survey report.
