Gas Generator Sets Market Technology 2019: Business Growth, Trend and Forecast 2025 - PowerPoint PPT Presentation

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Gas Generator Sets Market Technology 2019: Business Growth, Trend and Forecast 2025

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Industrial gas gensets market is set to witness an appreciable growth owing to intensifying regulatory pressure to improve sustainability and environmental performance across diverse production facilities. – PowerPoint PPT presentation

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Title: Gas Generator Sets Market Technology 2019: Business Growth, Trend and Forecast 2025


1
2019 Gas Generator Sets Market - Regional
Revenue, Trend and Growth Forecast-2025
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2
Global Market Scenario of Gas Generator Sets
Industry
  • Industrial gas gensets market is set to witness
    an appreciable growth owing to intensifying
    regulatory pressure to improve sustainability and
    environmental performance across diverse
    production facilities.
  • Moreover, relatively stable and competitive price
    of natural gas along with low emission combustion
    will accelerate the deployment of these units as
    an effective and affordable step toward
    compliance with stringent emission standards
    while maintaining security of supply. These units
    are poised to capture a significant share of
    diesel gensets industry while restraining the
    deployment of renewable generation to an extent.
  • Global Gas Generator Sets Market is set to exceed
    USD 9 Billion by 2025. Growing implications for
    energy security and rising concerns over carbon
    emissions coupled with rising stringency of
    environmental regulations will drive the global
    gas generator sets market. For instance, the U.S.
    EPA has set minimum emissions standards for
    generator sets with an objective to limit the
    emission of air pollutants.

2018 Global Market Insights, Inc. USA. All
Rights Reserved
www.gminsights.com
3
Continue-
  • These gensets' characteristic of relatively lower
    emission of pollutants including carbon, NOX and
    particulate matters will allow the technology to
    occupy a substantial share of diesel gensets
    along with restraining the penetration of
    distributed renewable generation to a certain
    extent over the forecast timeframe.
  • The U.S. gas generator sets market is anticipated
    to reach over USD 1.7 billion by 2025. The
    development of hydraulic fracturing technology
    has provided access to vast reserves of shale
    gas, implying to a greater penetration of
    natural-gas operated equipment, including gas
    gensets. The industry is shifting toward
    gas-fired power generation on account of
    augmented production of shale gas and their
    reduced carbon emissions. For instance, the CO2
    produced by natural gas is nearly half of that
    produced by coal for same amount of thermal
    output.
  • Standby gas generator sets market will witness a
    robust growth driven by progressive development
    and innovation of low-emission gas operated
    engines. Additionally, modifications in gas fired
    engines' ability to adapt with load acceptance
    standards and code-driven start time will boost
    the business growth. The adoption of these units
    for electric power security has been dramatically
    stimulated by the reconfiguration capability of
    gas engines for standby applications.

2018 Global Market Insights, Inc. USA. All
Rights Reserved
www.gminsights.com
4
U.S. Gas Generator Sets Market Size, By End Use,
2018 2025 (USD Million)
Browse Complete Summary of this report _at_
https//www.gminsights.com/industry-analysis/gas-g
enerator-sets-market
2018 Global Market Insights, Inc. USA. All
Rights Reserved
www.gminsights.com
5
360 Industry Analysis
  • The Middle East gas gensets market will witness a
    remarkable growth owing to the growing efforts
    toward economic diversification and ongoing
    development in the regional infrastructure.
    Upcoming mega events, most notably the Qatar FIFA
    World Cup 2022 and Dubai World Expo 2020 will
    necessitate the massive deployment of these units
    to support the prime and backup power needs.
    Furthermore, countries including UAE and Saudi
    Arabia are determined to diversify their
    oil-based economy with endeavors into other
    segments which will positively influence the
    industry growth.
  • The UK gas gensets market is anticipated to
    witness appreciable growth on account of rigorous
    emission environmental compliances including
    the Stage V limits introduced by the EU.
    Furthermore, shifting trend of industries toward
    lower emission power sources which includes
    natural-gas and dual fuel configurations is
    anticipated to positively influence the industry
    landscape. The adoption of these units to support
    the integration of renewable sources in the grid
    is another evolving factor driving the industry
    growth.

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Rights Reserved
www.gminsights.com
6
Industry Background
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Rights Reserved
www.gminsights.com
7
Stay In Touch You can visit us at
www.gminsights.com
Thank You!
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Rights Reserved
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