DUBLIN--(BUSINESS WIRE)--The "Natural Gas Generator Market: Global Demand Analysis & Opportunity Outlook 2024" report has been added to ResearchAndMarkets.com's offering.
Global natural gas generator market is expected to flourish at a significant CAGR of 8.1% over the forecast period. Moreover, the global natural gas generator market was estimated at USD 4,600.3 Million in 2016.
The global natural gas generator market is segmented into material such as aluminum, steel and composite. Among these segments, aluminum natural gas generator segment is expected to occupy the top position in global natural gas generator market.
Further, riding on the back of numerous properties such as corrosion resistant and all weather protection are expected to escalate the growth of the aluminum natural gas generator market. However, composite natural gas generator is projected to grow at highest CAGR during the forecast period.
Factors such as increasing adoption of environment friendly solutions, rise in green manufacturing practices of industries and increasing disposable income of the population are some of the factor driving the growth of the natural gas generator market.
Asia Pacific is slated to account for a leading market share in the natural gas generator market during the forecast period. The growth in the region can be attributed to increasing utilization of clean energy coupled with rising number of industries in the region. Besides, encouragement by the government to adopt clean energy sources and rapid pace in urbanization is also expected to impel the growth of natural gas generator Market in the Asia Pacific.
China and India are the prominent market in the region. North America is expected to witness significant growth over the forecast period i.e. 2017-2024. This can be attributed to the stringent government regulation to reduce the environmental pollution.
Key Topics Covered:
1. Executive Summary
2. Research Methodology
3. Risk Analysis
4. Top Countries with Highest demand for Natural Gas Generator Market- By Region
5. Global Natural Gas Generator Market Size (USD Million) and Forecast, 2016-2024
6. Market Dynamics & Its Impact Analysis
7. Global Market Segmentation Analysis
8. Porter's Five Force Model Analysis
9. Competitive Landscape
- Briggs & Stratton Corporation
- Caterpillar Inc.
- Cummins Inc.
- Generac Holdings, Inc.
- Kirloskar Oil Engines Ltd.
- Kohler Co.
- Doosan Corporation
- Multiquip Inc.,
- Wrtsil Corporation
- General Electric Company
For more information about this report visit https://www.researchandmarkets.com/research/zdzr6f/global_natural?w=4