Japan Natural Gas Generator Market Size & Outlook
Japan natural gas generator market, 2018-2030 (US$M)
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Japan natural gas generator market highlights
- The Japan natural gas generator market generated a revenue of USD 224.1 million in 2021 and is expected to reach USD 748.4 million by 2030.
- The Japan market is expected to grow at a CAGR of 14.3% 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 224.1 million |
| Market revenue in 2030 | USD 748.4 million |
| Growth rate | 14.3% (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, Japan accounted for 3.1% 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 Asia Pacific, China natural gas generator market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 1,320.5 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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Japan 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 43.78% in 2021. Horizon Databook has segmented the Japan 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.
Due to the growing technological changes in Japan, the demand for power backup is continuously high. The natural gas genet market in Japan was estimated at USD 160.1 million in 2018 and is projected to reach USD 363.5 million by 2025.
In terms of revenue, low power gensets segment accounted for a market share of 43.80% in 2018 and is projected to remain the largest by 2025 with a projected market share of more than 44%. High power gensets segment is projected to grow at a rate of 11.0% between 2019 and 2025.
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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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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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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 country-level data and insights on the Japan natural gas generator market , including forecasts for subscribers. This country databook contains high-level insights into Japan natural gas generator market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Japan natural gas generator market size, by power rating, 2018-2030 (US$M)
Japan Natural Gas Generator Market Outlook Share, 2021 & 2030 (US$M)
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