Global Natural Gas Generator Market Synopsis:

This Global Natural Gas Generator Market report contains a complete product overview and its scope in the Natural Gas Generator Market to define the key terms and provide the clients a holistic idea of the Natural Gas Generator Market and its tendency. It comprehensively evaluates the Global Natural Gas Generator Market with different perspectives for the purpose of providing a detailed, informative, and accurate analysis of regional growth, competition, market segmentation, and other important aspects forecast to 2024.

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Natural gas generators, as the name suggests, natural gas includes the propane utilized for backyard grills or the methane that utilities supply through underground lines to generate electricity. Expanding focus on electricity generation through cleaner sources and ecological concerns emerging from diesel generators are the factors anticipated to build the share of natural gas generator set in the coming years.

Conventional generators, for example, diesel generator produce harmful gases such as nitrogen oxide, hydrocarbons, and carbon monoxide due to the combustion of diesel. Because of this, various regulatory bodies have imposed stringent regulations that pose a barrier to the use of diesel generators. Thus, has resulted in the growth of eco-friendly alternatives of diesel generators such as natural gas generator.

The detailed segments and sub-segment of the Natural Gas Generator Market are given below:

1) Product Type Segmentation:

Below 20KW:
Below 20KW Natural Gas Generator accounted for the largest market share in power rating segment in 2018. Below 20KW Natural Gas Generator is very famous for residential and commercial power backup operation. Due to increasing urbanization, national grids are getting pressurized which is resulting in the increased demand supply gap for power which is eventually driving the demand for natural gas generator market.

20KW to 100KW
101KW to 500KW
501KW to 1MW
1MW to 2MW
2) Industry Segmentation:

Residential
Commercial:
For industry segment, commercial segment accounted for the biggest market share in 2018 and is projected to rise at highest CAGR during the forecast period Developing economies in Asia Pacific have witnessed strong growth in commercial sectors. IT, telecom, and retail are some of the major sectors that are growing rapidly in developing countries of Asia Pacific, resulting in a high demand for natural gas generators as natural gas generator are crucial for back-up power in these facilities. Hospitals and medial institutes are one of the contributors to commercial segment of the natural gas generator market. Medical facilities, along with the communities they support, depend heavily on emergency generator sets for critical power. The rising demand for generator from healthcare facilities is expected to drive the demand for natural gas generator for commercial application during the forecast year.

Industrial
Utility
3) Region Segmentation:

On the basis of Regional analysis, North America and Europe holds major share in global Natural Gas Generator market. Moreover, Asia-Pacific is expected to record higher growth rate in Natural Gas Generator Market during the forecast year. High growth of industrial sector in China, India, Japan, and South Korea has triggered the demand for industrial generator sets in the region. The establishment of heavy equipment, oil & gas, and process companies in China owing to low labour and utility expense has been one of the factors responsible for the rising penetration of gas generator set in the region.

North America Country (United States, Canada)
South America
Asia Country (China, Japan, India, Korea)
Europe Country (Germany, UK, France, Italy)
Other Country (Middle East, Africa, GCC)
Top Leading player in Global Natural Gas Generator Market:

Caterpillar, GE Energy, Cummins, Dresser-Rand (part of Siemens), Generac, Kohler, MTU Onsite Energy, Himoinsa, Rolls-Royce, Mitsubishi, Ettes Power, Multiquip, Jinan Diesel Engine Co.,Ltd. (JDEC), Shandong Naipute Gas Power Co.,Ltd., Zibo Diesel Engine Parent Company

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Industry news:

GE Energy (February 4, 2020)

Quadra’s Voronezh CHPP-1 Combined-Cycle Power Plant Achieves Commercial Operation Powered by Four of GE’s Aeroderivative Gas Turbines

GE Gas Power announced that Quadra – Power Generation’s Voronezh CHPP-1 combined-cycle power plant achieved the start of commercial operation on February 1st, using four of GE’s SPRINT LM6000 gas turbines. The 223-megawatt (MW) Voronezh Power Plant— owned by Quadra Power Generation, one of Russia’s largest territorial generating companies—was commissioned in 1933. The new power unit is expected to increase the total power plant’s reliability and efficiency to support the gradual decommissioning of the technically obsolete equipment present at the old plant.

Evgeny Zhadovets, chief engineer of Quadra – Power Generation, said: “This power plant provides heat and power to more than half of Voronezh city’s residential buildings, as well as industrial and social facilities. It is extremely important that the new combined-cycle power unit of the Voronezh CHPP-1 will allow us to reach new heights in the reliability of the city’s heat supply, increasing electric power output by 50% and improving energy efficiency.”

GE’s LM6000 aeroderivative technology provides greater flexibility through its fast-start capability (down to five minutes from cold iron), daily/multiple startups with no impact on the equipment maintenance cost and through its low turndown level. An advanced cooling system allows to extend the turbine’s life cycle. This system lowers the high-pressure compressor inlet temperature, which in turn effectively lowers the compressor discharge temperature. The SPRINT module is also equipped with a DLE combustion system providing fuel flexibility and helping to meet emissions limits. In addition, as part of the project, GE supplied a modular, multi-stage static air filter unit equipped with an anti-freeze protection system, which will support reliable operation of gas turbines in winter conditions.

Significant points in table of contents of Global Natural Gas Generator Market Report 2020:

1 Natural Gas Generator Product Definition

2 Global Natural Gas Generator Market Manufacturer Share and Market Overview

3 Manufacturers Natural Gas Generator Business Introduction

4 Global Natural Gas Generator Market Segmentation (Region Level)

5 Global Natural Gas Generator Market Segmentation (Product Type Level)

6 Global Natural Gas Generator Market Segmentation (Industry Level)

7 Global Natural Gas Generator Market Segmentation (Channel Level)

8 Natural Gas Generator Market Forecasts 2020-2024

9 Natural Gas Generator Segmentation Product Type

10 Natural Gas Generator Segmentation Industry

11 Natural Gas Generator Cost of Production Analysis

12 Conclusions

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