North America Distributed Natural Gas Fueled Generation Market Size & Outlook
The distributed natural gas fueled generation market in North America is expected to reach a projected revenue of US$ 52,857.9 million by 2030. A compound annual growth rate of 6.5% is expected of North America distributed natural gas fueled generation market from 2024 to 2030.
Revenue, 2023 (US$M)
$34,050.2
Forecast, 2030 (US$M)
$52,857.9
CAGR, 2024 - 2030
6.5%
Report Coverage
North America
North America distributed natural gas fueled generation market, 2018-2030 (US$M)
Related Markets
North America distributed natural gas fueled generation market highlights
- The North America distributed natural gas fueled generation market generated a revenue of USD 34,050.2 million in 2023.
- The market is expected to grow at a CAGR of 6.5% from 2024 to 2030.
- In terms of segment, internal combustion engine gas was the largest revenue generating type in 2023.
- Internal Combustion Engine Gas is the most lucrative type segment registering the fastest growth during the forecast period.
North America data book summary
| Market revenue in 2023 | USD 34,050.2 million |
| Market revenue in 2030 | USD 52,857.9 million |
| Growth rate | 6.5% (CAGR from 2024 to 2030) |
| Largest segment | Internal combustion engine gas |
| Fastest growing segment | Internal Combustion Engine Gas |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Internal Combustion Engine Gas |
Other key industry trends
- In terms of revenue, North America region accounted for 33.2% of the global distributed natural gas fueled generation market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 46,611.1 million by 2030.
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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
| Name | Profile | # Employees | HQ | Website |
|---|
Related regional statistics
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