Press release
Natural Gas-Fired Electricity Generation Market to reach USD 55.26 Bn by 2027, exhibiting a Compound Annual Growth Rate (CAGR) of 4.31Percent during the forecast period.
Natural Gas-Fired Electricity Generation Market Size, Natural Gas-Fired Electricity Generation Market Share,
The Natural Gas-Fired Electricity Generation Market report offers a comprehensive scope of analysis and follows a robust research methodology to provide accurate and insightful information. The scope of the report covers the global market for natural gas-fired electricity generation and includes an in-depth study of various segments, such as technology and end-use industries. The report aims to present a detailed understanding of the market's past, current, and forecasted performance from 2019 to 2027.
The research methodology employed in this report combines primary and secondary research techniques. It involves gathering data from reliable sources such as industry experts, key stakeholders, and company representatives. Additionally, the report analyzes statistical data, market trends, and historical performance to provide a holistic view of the market.
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What are Natural Gas-Fired Electricity Generation Market Dynamics:
The report highlights that the growing demand for natural gas as a cleaner alternative to coal-fired power plants, supported by favorable government policies across major countries in Asia Pacific, Europe, and North America, is driving the market growth. The increased production of natural gas, especially from shale gas reserves, has also contributed to the market's expansion. However, the physical nature of natural gas poses transportation challenges, making it more expensive than oil and coal. This factor is expected to restrain market growth during the forecast period.
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Natural Gas-Fired Electricity Generation Market Regional Insights:
In 2019, Asia Pacific held the largest share (35%) in terms of revenue in the global natural gas-fired electricity generation market. China and Japan are anticipated to contribute significantly to the region's industrial sector growth in the coming years. North America also held a considerable share with a surge in shale gas extraction driving the shift towards natural gas in the electricity generation industry. The Middle East and Africa are expected to experience significant growth due to various projects in countries such as Saudi Arabia, Iraq, and the United Arab Emirates.
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What is Natural Gas-Fired Electricity Generation Market Segmentation:
Natural Gas-Fired Electricity Generation Market By
Technology
Open Cycle
Combined Cycle
Natural Gas-Fired Electricity Generation Market By
End-Use
Industrial
Power & Utility
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Who are Natural Gas-Fired Electricity Generation Market Key Players:
• General Electric
• Siemens AG
• Mitsubishi Hitachi Power Systems Ltd.
• Kawasaki Heavy Industries Ltd.
• Ansaldo Energia S.P.A.
• Power Grid Corporation
• National Thermal Power Corporation
• Damodar Valley Corporation
• Royal Dutch Shell
• BP PLC
• Novatek
• Albama Power
• Decatur Utilities
• Arizona Public Service
• Public Service Company of Colorado
• Direct Energy
• Georgia Power
• Solar Turbines Inc.
• Centrax Gas Turbines
• Opra Turbines
• Others
Table of content for the Natural Gas-Fired Electricity Generation Market includes:
1. Global Natural Gas-Fired Electricity Generation Market : Research Methodology
2. Global Natural Gas-Fired Electricity Generation Market : Executive Summary
• Market Overview and Definitions
• Introduction to the Global Market
• Summary
• Key Findings
• Recommendations for Investors
• Recommendations for Market Leaders
• Recommendations for New Market Entry
3. Global Natural Gas-Fired Electricity Generation Market : Competitive Analysis
• MMR Competition Matrix
• Market Structure by region
• Competitive Benchmarking of Key Players
• Consolidation in the Market
• M&A by region
• Key Developments by Companies
• Market Drivers
• Market Restraints
• Market Opportunities
• Market Challenges
• Market Dynamics
• PORTERS Five Forces Analysis
• PESTLE
• Regulatory Landscape by region
• North America
• Europe
• Asia Pacific
• Middle East and Africa
• South America
• COVID-19 Impact
4. Global Natural Gas-Fired Electricity Generation Market Segmentation
• Global Market, by Technology (2022-2029)
• Global Market, by End-Use (2022-2029)
5. Regional Natural Gas-Fired Electricity Generation Market (2022-2029)
• Regional Market, by Technology (2022-2029)
• Regional Market, by End-Use (2022-2029)
• Regional Market, by Country (2022-2029)
6. Company Profile: Key players
• Company Overview
• Financial Overview
• Global Presence
• Capacity Portfolio
• Business Strategy
• Recent Developments
Key Offerings:
• Past Market Size and Competitive Landscape (2018 to 2021)
• Past Pricing and price curve by region (2018 to 2021)
• Market Size, Share, Size & Forecast by different segment | 2022-2029
• Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
• Market Segmentation - A detailed analysis by Technology and End-Use
• Competitive Landscape - Profiles of selected key players by region from a strategic perspective
• Competitive landscape - Market Leaders, Market Followers, Regional player
• Competitive benchmarking of key players by region
• PESTLE Analysis
• PORTER's analysis
• Value chain and supply chain analysis
• Legal Aspects of business by region
• Lucrative business opportunities with SWOT analysis
• Recommendations
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