The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

Natural gas utilisation is likely to stimulate innovation in distributed natural gas-fueled generating manufacturing, propelling the market during the forecast period.

The global distributed natural gas-fueled generation market is expected to grow from $27.35 billion in 2022 to $30.15 billion in 2023 at a compound annual growth rate (CAGR) of 10.25%. The global distributed natural gas-fueled generation market size is expected to reach $45.26 billion in 2027 at a CAGR of 10.68%.

Get A Free Sample On The Global Distributed Natural Gas-Fueled Generation Market Report:
https://www.thebusinessresearchcompany.com/sample.aspx?id=10172&type=smp

Global Distributed Natural Gas-Fueled Generation Market Segments Include:

• By Technology: Natural Gas Gensets, Micro Turbine, Stationary Fuel Cells
• By Scale: Microgeneration, Small-Scale Generation, Medium-Scale Generation, Large-Scale Generation
• By End User: Residential, Commercial And Industrial, Building And Institutional
• By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America is the largest region in the global distributed natural gas-fueled generation market in 2021.

Major Market Players in the distributed natural gas-fueled generation market include General Electric Company, MWM GmbH, ABB Group, Cummins Inc., Plug Power System Inc., Shandong Lvhuan Power Equipment Co. Ltd., Redox Power Systems.

Technological developments are a crucial trend that is gaining traction in the market for distributed natural gas-fueled generating. Companies in the distributed natural gas-fueled generating sector are embracing innovative technology to maintain their market position. For example, ABB Ltd, a Swiss-based automation business, will unveil a new drone-based gas detection system technology in April 2021. Drones are used in this technology to collect survey-level data that can pinpoint the exact location of the leak and even provide information on the type of gas and predicted leak rate.

The Distributed Natural Gas-Fueled Generation Global Market Report 2023  provides a distributed natural gas-fueled generation market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The distributed natural gas-fueled generation market forecast analyzes distributed natural gas-fueled generation market size, distributed natural gas-fueled generation market share, leading competitor market positions. The regions covered in the report include Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa and the countries include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

The pipelines used for distribution as well as the metering and regulating apparatus at metering-regulating stations that are run by a local distribution company operating within a single state and governed as a separate operating company by a public utility commission or that are run as an independent municipally owned distribution system are referred to as distributed natural gas-fueled generation.

Explore Similar Reports From The Business Research Company:

Natural Gas Generator Global Market Report 2023

Natural Gas Global Market Report 2023

Natural Gas Distribution Global Market Report 2023

Learn More About The Business Research Company
The Business Research Company has published over 3000+ detailed industry reports, spanning over 3000+ market segments and 60 geographies. The reports draw on 1,500,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders.

Contact us at:
The Business Research Company: https://www.thebusinessresearchcompany.com/
Americas +1 3156230293
Asia +44 2071930708
Europe +44 2071930708
Email us at info@tbrc.info

Follow us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
Found this article helpful? Share it on: