Brazil Natural Gas Generator Market Size & Outlook
Brazil natural gas generator market, 2018-2030 (US$M)
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Brazil natural gas generator market highlights
- The Brazil natural gas generator market generated a revenue of USD 341.5 million in 2021 and is expected to reach USD 778.1 million by 2030.
- The Brazil market is expected to grow at a CAGR of 9.6% from 2022 to 2030.
- In terms of segment, low power gensets was the largest revenue generating power rating in 2021.
- Medium Power Gensets is the most lucrative power rating segment registering the fastest growth during the forecast period.
Natural gas generator market data book summary
| Market revenue in 2021 | USD 341.5 million |
| Market revenue in 2030 | USD 778.1 million |
| Growth rate | 9.6% (CAGR from 2021 to 2030) |
| Largest segment | Low power gensets |
| Fastest growing segment | Medium Power Gensets |
| Historical data | 2018 - 2020 |
| Base year | 2021 |
| Forecast period | 2022 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Low Power Gensets, Medium Power Gensets, HighPower Gensets |
| Key market players worldwide | Caterpillar Inc, Cummins Inc, Generac Holdings Inc, Mitsubishi Heavy Industries Ltd, Kohler, GE Aerospace, MTU Onsite Energy, Mahindra & Mahindra Ltd DR |
Other key industry trends
- In terms of revenue, Brazil accounted for 4.8% of the global natural gas generator market in 2021.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil natural gas generator market is projected to lead the regional market in terms of revenue in 2030.
- Brazil is the fastest growing regional market in Latin America and is projected to reach USD 778.1 million by 2030.
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Natural Gas Generator Market Scope
Natural Gas Generator Market Companies
| Name | Profile | # Employees | HQ | Website |
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Brazil 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 44.07% in 2021. Horizon Databook has segmented the Brazil 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.
Brazil emerged as the largest natural gas genset market in Central & South America in 2018, accounting for a share of over 36.84%, in terms of revenue. Energy sector of Brazil is recognized as one of the least carbon-intensive sectors across the globe.
Renewable energy represents a major share in Brazil power sector as of 2018. Natural gas gensets have gained popularity in Brazil in recent years as they offer good fuel efficiency as compared to the conventional diesel gensets. Growing infrastructure and rise in the number of manufacturing facilities in Brazil are creating opportunities for natural gas gensets for backup power operations.
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Our clientele includes a mix of natural gas generator market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Brazil natural gas generator market , including forecasts for subscribers. This country databook contains high-level insights into Brazil natural gas generator market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Brazil natural gas generator market size, by power rating, 2018-2030 (US$M)
Brazil Natural Gas Generator Market Outlook Share, 2021 & 2030 (US$M)
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