Global Natural Gas Fired Electricity Generation Market Size & Outlook
Global natural gas fired electricity generation market, 2016-2027 (US$M)
Related Markets
Global natural gas fired electricity generation market highlights
- The global natural gas fired electricity generation market generated a revenue of USD 36,890.0 million in 2019 and is expected to reach USD 55,272.0 million by 2027.
- The market is expected to grow at a CAGR (2020 - 2027) of 5.2% by 2027.
- In terms of segment, combined cycle accounted for a revenue of USD 28,278.0 million in 2019.
- Open Cycle is the most lucrative technology segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2019.
- Country-wise, U.S. is expected to register the highest CAGR from 2020 to 2027.
Global data book summary
| Market revenue in 2019 | USD 36,890.0 million |
| Market revenue in 2027 | USD 55,272.0 million |
| Growth rate | 5.2% (CAGR from 2019 to 2027) |
| Largest segment | Combined cycle |
| Fastest growing segment | Open Cycle |
| Historical data covered | 2016 - 2018 |
| Base year for estimation | 2019 |
| Forecast period covered | 2020 - 2027 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Open Cycle, Combined Cycle |
Other key industry trends
- In terms of revenue, the North America accounted for 22.8% of the global natural gas fired electricity generation market in 2019.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2027.
- By country, U.S. is the fastest growing regional market and is projected to reach USD 10,551.9 million by 2027.
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Natural Gas Fired Electricity Generation Market Scope
Natural Gas Fired Electricity Generation Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global natural gas fired electricity generation market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to natural gas fired electricity generation market will help companies and investors design strategic landscapes.
Combined cycle was the largest segment with a revenue share of 76.65% in 2019. Horizon Databook has segmented the Global natural gas fired electricity generation market based on open cycle, combined cycle covering the revenue growth of each sub-segment from 2016 to 2027.
- Global Natural Gas Fired Electricity Generation Technology Outlook (Revenue, USD Million, 2016-2027)
- Open Cycle
- Combined Cycle
- Global Natural Gas Fired Electricity Generation End Use Outlook (Revenue, USD Million, 2016-2027)
- Power & Utility
- Industrial
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Our clientele includes a mix of natural gas fired electricity generation market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of global-level data and insights on the Global natural gas fired electricity generation market , including forecasts for subscribers. This global databook contains high-level insights into Global natural gas fired electricity generation market from 2016 to 2027, including revenue numbers, major trends, and company profiles.
Partial client list
Global natural gas fired electricity generation market size, by regions, 2016-2027 (US$M)
Top 10 countries: Natural gas fired electricity generation market size, 2019 (US$M)
Global natural gas fired electricity generation market share, by technology, 2019 & 2027 (%, US$M)
Natural gas fired electricity generation market: Opportunity assessment by country
Global natural gas fired electricity generation market, by region, 2019 (US$M)
Related regional statistics
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