According to a market report by Lucintel, the future of the global natural gas generator market looks promising with opportunities in the industrial, commercial, and residential markets. The global natural gas generator market is expected to grow with a CAGR of 11.4% from 2025 to 2031. The major drivers for this market are the increasing demand for cleaner energy, the rising need for backup power, and the growing adoption of energy-efficient solutions.
A more than 150-page report to understand trends, opportunity and forecast in natural gas generator market to 2031 by type (low power gensets, medium power gensets, and high power gensets), application (industrial, commercial, and residential), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that, within the type category, low power genset will remain the largest segment over the forecast period.
Within the application category, commercial is expected to witness the highest growth.
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In terms of region, North America will remain the largest region over the forecast period.
Cummins, Caterpillar, Kohler, Mitsubishi Heavy Industries, MTU Onsite Energy, Generac Power Systems, Cooper, General Electric, Yanmar, Mahindra Powerol are the major suppliers in the natural gas generator market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at [email protected] to get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
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At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. +1-972-636-5056
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