Title: Distributed Natural Gas-Fueled Generation Global Market Report 2024 - Business Growth, Top Companies, Industry Analysis And Forecast 2033
1Distributed Natural Gas-Fueled Generation Market
Report 2024
Market Size, Trends and Global Forecast 2024-2033
2Distributed Natural Gas-Fueled Generation Segments
The Business Research Company segments its
Distributed Natural Gas-Fueled Generation report
as
Natural Gas Gensets, Micro Turbine, Stationary
Fuel Cells
By Technology
Microgeneration, Small-Scale Generation,
Medium-Scale Generation, Large-Scale Generation
By Scale
Residential, Commercial And Industrial, Building
And Institutional
By End User
3Market Statistics
The distributed natural gas-fueled generation
market size has grown rapidly in recent years. It
will grow from 30.15 billion in 2023 to 33.35
billion in 2024 at a compound annual growth rate
(CAGR) of 10.6.The distributed natural
gas-fueled generation market size is expected to
see rapid growth in the next few years. It will
grow to 50.6 billion in 2028 at a compound
annual growth rate (CAGR) of 11.0.
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4Key Market Drivers And Trends
Drivers
The rising usage of natural gas is expected to
propel the growth of the distributed natural
gas-fueled generation market going forward.
Trends
Technological advancements are a key trend
gaining popularity in the distributed natural
gas-fueled generation market.
Region
North America was the largest region in the
distributed natural gas-fueled generation market
in 2023. The regions covered in the distributed
natural gas-fueled generation market report are
Asia-Pacific, Western Europe, Eastern Europe,
North America, South America, Middle East, Africa
5Key Market Players
- Major players in the Distributed Natural
Gas-Fueled Generation are - General Electric Company
- MWM GmbH
- ABB Group
- Cummins Inc.
- Plug Power System Inc.
- And more.
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