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Distributed Natural Gas-Fueled Generation Market 2023 Analysis By Size, Share, Growth, Trends Up To 2032 | General Electric Company, MWM GmbH, ABB Group, Cummins Inc., Plug Power System Inc.
Distributed Natural Gas-Fueled Generation Market
Distributed Natural Gas-Fueled Generation Market Size, Growth Rate, And Forecast
The global distributed natural gas-fueled generation market size is expected to grow from $27.35 billion in 2022 to $30.15 billion in 2023 at a compound annual growth rate (CAGR) of 10.25%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global distributed natural gas-fueled generation market size is expected to reach $45.26 billion in 2027 at a CAGR of 10.68%.
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Distributed Natural Gas-Fueled Generation Market Drivers
The rising usage of natural gas is expected to propel the growth of the distributed natural gas-fueled generation market going forward. Natural gas refers to a naturally occurring flammable gas that can be used as fuel or an energy source for many things, including heating, cooking, moving around, and producing power.
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Distributed Natural Gas-Fueled Generation Market Segments
1) By Technology: Natural Gas Gensets, Micro Turbine, Stationary Fuel Cells
2) By Scale: Microgeneration, Small-Scale Generation, Medium-Scale Generation, Large-Scale Generation
3) By End User: Residential, Commercial And Industrial, Building And Institutional
By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Distributed Natural Gas-Fueled Generation market.
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Distributed Natural Gas-Fueled Generation Market Key Players
Major players in the distributed natural gas-fueled generation market are General Electric Company, MWM GmbH, ABB Group, Cummins Inc., Plug Power System Inc., Shandong Lvhuan Power Equipment Co. Ltd., Redox Power Systems, Caterpillar Inc., Generac Power Systems, Mitsubishi Heavy Industries Ltd., Kohler Co. Inc., MTU Onsite Energy GmbH, Mahindra Powerol, Yanmar Co. Ltd. and Coopercorp Generators.
The Business Research Company's "Global Distributed Natural Gas-Fueled Generation Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
The Table Of Content For The Distributed Natural Gas-Fueled Generation Market Include:
1. Executive Summary
2. Distributed Natural Gas-Fueled Generation Market Characteristics
3. Distributed Natural Gas-Fueled Generation Market Trends And Strategies
4. Distributed Natural Gas-Fueled Generation Market - Macro Economic Scenario
5. Distributed Natural Gas-Fueled Generation Market Size And Growth
……
27. Distributed Natural Gas-Fueled Generation Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Distributed Natural Gas-Fueled Generation Market
29. Distributed Natural Gas-Fueled Generation Market Future Outlook and Potential Analysis
30. Appendix
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