Global Natural Gas Generator Market Size & Outlook
The natural gas generator industry worldwide is expected to reach a projected revenue of US$ 18,667.3 million by 2030. A compound annual growth rate of 11.3% is expected of the worldwide natural gas generator industry from 2022 to 2030.
Revenue, 2021 (US$M)
$7,129.6
Forecast, 2030 (US$M)
$18,667.3
CAGR, 2022 - 2030
11.3%
Report Coverage
Worldwide
Global natural gas generator market, 2018-2030 (US$M)
Related Markets
Global natural gas generator market highlights
- The global natural gas generator market generated a revenue of USD 7,129.6 million in 2021 and is expected to reach USD 18,667.3 million by 2030.
- The market is expected to grow at a CAGR (2022 - 2030) of 11.3% by 2030.
- In terms of segment, low power gensets accounted for a revenue of USD 3,107.2 million in 2021.
- Medium Power Gensets is the most lucrative power rating segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2021.
- Country-wise, Saudi Arabia is expected to register the highest CAGR from 2022 to 2030.
Global data book summary
| Market revenue in 2021 | USD 7,129.6 million |
| Market revenue in 2030 | USD 18,667.3 million |
| Growth rate | 11.3% (CAGR from 2021 to 2030) |
| Largest segment | Low power gensets |
| Fastest growing segment | Medium Power Gensets |
| Historical data covered | 2018 - 2020 |
| Base year for estimation | 2021 |
| Forecast period covered | 2022 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Low Power Gensets, Medium Power Gensets, HighPower Gensets |
Other key industry trends
- In terms of revenue, the North America accounted for 30.6% of the global natural gas generator market in 2021.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, Saudi Arabia is the fastest growing regional market and is projected to reach USD 203.1 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Natural Gas Generator Market Scope
Natural gas generator market segmentation & scope
Natural Gas Generator Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global natural gas generator 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 generator market will help companies and investors design strategic landscapes.
low power gensets was the largest segment with a revenue share of 43.58% in 2021. Horizon Databook has segmented the Global natural gas generator market based on low power gensets, medium power gensets, highpower gensets covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Natural Gas Generator Power Rating Outlook (Revenue, USD Million, 2018-2030)
- Low Power Gensets
- Medium Power Gensets
- HighPower Gensets
- Global Natural Gas Generator Application Outlook (Revenue, USD Million, 2018-2030)
- Industrial
- Commercial
- Residential
Reasons to subscribe to Global natural gas generator market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Global natural gas generator market databook
-
Our clientele includes a mix of natural gas generator market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of global-level data and insights on the Global natural gas generator market , including forecasts for subscribers. This global databook contains high-level insights into Global natural gas generator market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Global natural gas generator market statistics, by region, 2018-2030 (US$M)
Top 10 countries: Natural gas generator market size, 2021 (USD Million)
Top 10 countries: Natural gas generator market size, 2021 (USD Million)
Global natural gas generator market, by region, 2021 (US$M)
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
