Global Distributed Natural Gas Fueled Generation Market Size & Outlook

The distributed natural gas fueled generation industry worldwide is expected to reach a projected revenue of US$ 160,175.6 million by 2030. A compound annual growth rate of 6.6% is expected of the worldwide distributed natural gas fueled generation industry from 2024 to 2030.
Revenue, 2023 (US$M)
$102,591.6
Forecast, 2030 (US$M)
$160,175.6
CAGR, 2024 - 2030
6.6%
Report Coverage
Worldwide

Global distributed natural gas fueled generation market, 2018-2030 (US$M)

Global distributed natural gas fueled generation market highlights

  • The global distributed natural gas fueled generation market generated a revenue of USD 102,591.6 million in 2023 and is expected to reach USD 160,175.6 million by 2030.
  • The market is expected to grow at a CAGR (2024 - 2030) of 6.6% by 2030.
  • In terms of segment, internal combustion engine gas accounted for a revenue of USD 102,591.6 million in 2023.
  • Internal Combustion Engine Gas is the most lucrative type segment registering the fastest growth during the forecast period.
  • In terms of region, North America was the largest revenue generating market in 2023.


Global data book summary

Market revenue in 2023USD 102,591.6 million
Market revenue in 2030USD 160,175.6 million
Growth rate6.6% (CAGR from 2023 to 2030)
Largest segmentInternal combustion engine gas
Fastest growing segmentInternal Combustion Engine Gas
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationInternal Combustion Engine Gas


Other key industry trends

  • In terms of revenue, the North America accounted for 33.2% of the global distributed natural gas fueled generation market in 2023.

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Distributed natural Gas Fueled Generation Market Scope

Distributed natural gas fueled generation market segmentation & scope
Application
Residential
Commercial & Industrial
Countries
Argentina
Brazil
Denmark
France
Germany
Italy
Norway
Spain
Sweden
UK
Canada
Mexico
U.S.
Kuwait
Saudi Arabia
South Africa
UAE
Australia
China
India
Japan
Thailand
South Korea

Distributed natural Gas Fueled Generation Market Companies

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Global distributed natural gas fueled generation market size, by regions, 2018-2030 (US$M)

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