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Natural Gas Generator Market By Application, By Power Rating, By End User: Global Opportunity Analysis and Industry Forecast, 2021-2031

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    Report

  • 261 Pages
  • September 2022
  • Region: Global
  • Allied Market Research
  • ID: 5712933
The global natural gas generator market size was valued at $5.5 billion in 2021 and is projected to reach $10.4 billion by 2031, growing at a CAGR of 6.6% from 2022 to 2031.

Natural gas generators, as the name suggests, use natural gas, which includes the propane used for backyard grills or the methane that utilities supply through underground lines, to generate electricity. An internal combustion engine injects a mixture of fuel and air into a combustion chamber, where a piston compresses the mix. A spark plug ignites the fuel, driving the piston down and turning a crankshaft. The crankshaft, in turn, spins the generator's rotor in an electromagnetic field, generating an electric current that can charge batteries, power appliances, or even run high-wattage tools, depending on the generator's size. Proponents of natural gas generators tout a number of benefits.

Natural gas is easier to access during a disaster (like the hurricane scenario) because it is carried in the underground, wind- and stormproof lines, and is readily available anywhere. It is also easier to store than diesel or gasoline. In addition, diesel generators can grow fungus, become gelled or develop sediment if stored improperly. According to the Natural Gas Supply Association, as long as a propane container remains intact, the gas can remain useable for an indefinite period of time. The natural gas generator market is segmented on the basis of application, power rating, end user, and region. On the basis of application, the market is categorized into standby and continuous. On the basis of power rating, it is divided into Less than 75 kVA, 75-375 kVA, and Above 375 kVA. On the basis of end users, it is classified into commercial, residential and industrial. Region-wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

The global natural gas generator market analysis covers in-depth information about the major industry participants. The key players operating and profiled in the report include Weichai Group (China), Kohler Co. (US), Atlas Copco (Sweden), Denyo (Japan), Wacker Neuson (Germany), Doosan (South Korea), Greaves Cotton Limited (India), Kirloskar Oil Engines Ltd. (India), Siemens (Germany), Aksa Energy (Turkey), Wärtsilä (Finland), Honda (Japan), Briggs & Stratton (US), ABB (Germany) and Yanmar (Japan).

Key Benefits For Stakeholders

  • This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the natural gas generator market analysis from 2021 to 2031 to identify the prevailing natural gas generator market opportunities.
  • The market research is offered along with information related to key drivers, restraints, and opportunities.
  • Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
  • In-depth analysis of the natural gas generator market segmentation assists to determine the prevailing market opportunities.
  • Major countries in each region are mapped according to their revenue contribution to the global market.
  • Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
  • The report includes the analysis of the regional as well as global natural gas generator market trends, key players, market segments, application areas, and market growth strategies.

Key Market Segments

By Application

  • Stand-by
  • Continous

By Power Rating

  • Less than 75 kVA
  • 75-375 kVA
  • Above 375 kVA

By End User

  • Commercial
  • Residential
  • Industrial

By Region

  • North America
  • U.S.
  • Canada
  • Mexico
  • Europe
  • Germany
  • Italy
  • UK
  • Spain
  • France
  • Rest Of Europe
  • Asia-Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Rest Of Asia-Pacific
  • LAMEA
  • Brazil
  • Saudi Arabia
  • South Africa
  • Rest Of LAMEA

Key Market Players

  • Generac Holdings Inc.
  • Caterpillar Inc.
  • aksa power generation
  • Cooper Corporation
  • Mitsubishi Heavy Industries Ltd

○.KOHLER CO.
  • Cummins Inc.
  • General Electric Company
  • F.G. Wilson
  • MTU America Inc.
Frequently Asked Questions about the Global Natural Gas Generator Market

What is the estimated value of the Global Natural Gas Generator Market?

The Global Natural Gas Generator Market was estimated to be valued at $5.5 billion in 2021.

What is the growth rate of the Global Natural Gas Generator Market?

The growth rate of the Global Natural Gas Generator Market is 6.6%, with an estimated value of $10.4 billion by 2031.

What is the forecasted size of the Global Natural Gas Generator Market?

The Global Natural Gas Generator Market is estimated to be worth $10.4 billion by 2031.

Who are the key companies in the Global Natural Gas Generator Market?

Key companies in the Global Natural Gas Generator Market include Generac Holdings Inc., Caterpillar Inc., aksa power generation, Cooper Corporation, Mitsubishi Heavy Industries Ltd, .KOHLER CO., Cummins Inc., General Electric Company and MTU America Inc..

Table of Contents

CHAPTER 1: INTRODUCTION
1.1. Report description
1.2. Key market segments
1.3. Key benefits to the stakeholders
1.4. Research Methodology
1.4.1. Secondary research
1.4.2. Primary research
1.4.3. Analyst tools and models

CHAPTER 2: EXECUTIVE SUMMARY
2.1. Key findings of the study
2.2. CXO Perspective

CHAPTER 3: MARKET OVERVIEW
3.1. Market definition and scope
3.2. Key findings
3.2.1. Top investment pockets
3.3. Porter’s five forces analysis
3.4. Top player positioning
3.5. Market dynamics
3.5.1. Drivers
3.5.2. Restraints
3.5.3. Opportunities
3.6. COVID-19 Impact Analysis on the market
3.7. Key Regulation Analysis

CHAPTER 4: NATURAL GAS GENERATOR MARKET, BY APPLICATION
4.1 Overview
4.1.1 Market size and forecast
4.2 Stand-by
4.2.1 Key market trends, growth factors and opportunities
4.2.2 Market size and forecast, by region
4.2.3 Market analysis by country
4.3 Continous
4.3.1 Key market trends, growth factors and opportunities
4.3.2 Market size and forecast, by region
4.3.3 Market analysis by country

CHAPTER 5: NATURAL GAS GENERATOR MARKET, BY POWER RATING
5.1 Overview
5.1.1 Market size and forecast
5.2 Less than 75 kVA
5.2.1 Key market trends, growth factors and opportunities
5.2.2 Market size and forecast, by region
5.2.3 Market analysis by country
5.3 75-375 kVA
5.3.1 Key market trends, growth factors and opportunities
5.3.2 Market size and forecast, by region
5.3.3 Market analysis by country
5.4 Above 375 kVA
5.4.1 Key market trends, growth factors and opportunities
5.4.2 Market size and forecast, by region
5.4.3 Market analysis by country

CHAPTER 6: NATURAL GAS GENERATOR MARKET, BY END USER
6.1 Overview
6.1.1 Market size and forecast
6.2 Commercial
6.2.1 Key market trends, growth factors and opportunities
6.2.2 Market size and forecast, by region
6.2.3 Market analysis by country
6.3 Residential
6.3.1 Key market trends, growth factors and opportunities
6.3.2 Market size and forecast, by region
6.3.3 Market analysis by country
6.4 Industrial
6.4.1 Key market trends, growth factors and opportunities
6.4.2 Market size and forecast, by region
6.4.3 Market analysis by country

CHAPTER 7: NATURAL GAS GENERATOR MARKET, BY REGION
7.1 Overview
7.1.1 Market size and forecast
7.2 North America
7.2.1 Key trends and opportunities
7.2.2 North America Market size and forecast, by Application
7.2.3 North America Market size and forecast, by Power Rating
7.2.4 North America Market size and forecast, by End User
7.2.5 North America Market size and forecast, by country
7.2.5.1 U.S.
7.2.5.1.1 Market size and forecast, by Application
7.2.5.1.2 Market size and forecast, by Power Rating
7.2.5.1.3 Market size and forecast, by End User
7.2.5.2 Canada
7.2.5.2.1 Market size and forecast, by Application
7.2.5.2.2 Market size and forecast, by Power Rating
7.2.5.2.3 Market size and forecast, by End User
7.2.5.3 Mexico
7.2.5.3.1 Market size and forecast, by Application
7.2.5.3.2 Market size and forecast, by Power Rating
7.2.5.3.3 Market size and forecast, by End User
7.3 Europe
7.3.1 Key trends and opportunities
7.3.2 Europe Market size and forecast, by Application
7.3.3 Europe Market size and forecast, by Power Rating
7.3.4 Europe Market size and forecast, by End User
7.3.5 Europe Market size and forecast, by country
7.3.5.1 Germany
7.3.5.1.1 Market size and forecast, by Application
7.3.5.1.2 Market size and forecast, by Power Rating
7.3.5.1.3 Market size and forecast, by End User
7.3.5.2 Italy
7.3.5.2.1 Market size and forecast, by Application
7.3.5.2.2 Market size and forecast, by Power Rating
7.3.5.2.3 Market size and forecast, by End User
7.3.5.3 UK
7.3.5.3.1 Market size and forecast, by Application
7.3.5.3.2 Market size and forecast, by Power Rating
7.3.5.3.3 Market size and forecast, by End User
7.3.5.4 Spain
7.3.5.4.1 Market size and forecast, by Application
7.3.5.4.2 Market size and forecast, by Power Rating
7.3.5.4.3 Market size and forecast, by End User
7.3.5.5 France
7.3.5.5.1 Market size and forecast, by Application
7.3.5.5.2 Market size and forecast, by Power Rating
7.3.5.5.3 Market size and forecast, by End User
7.3.5.6 Rest of Europe
7.3.5.6.1 Market size and forecast, by Application
7.3.5.6.2 Market size and forecast, by Power Rating
7.3.5.6.3 Market size and forecast, by End User
7.4 Asia-Pacific
7.4.1 Key trends and opportunities
7.4.2 Asia-Pacific Market size and forecast, by Application
7.4.3 Asia-Pacific Market size and forecast, by Power Rating
7.4.4 Asia-Pacific Market size and forecast, by End User
7.4.5 Asia-Pacific Market size and forecast, by country
7.4.5.1 China
7.4.5.1.1 Market size and forecast, by Application
7.4.5.1.2 Market size and forecast, by Power Rating
7.4.5.1.3 Market size and forecast, by End User
7.4.5.2 Japan
7.4.5.2.1 Market size and forecast, by Application
7.4.5.2.2 Market size and forecast, by Power Rating
7.4.5.2.3 Market size and forecast, by End User
7.4.5.3 India
7.4.5.3.1 Market size and forecast, by Application
7.4.5.3.2 Market size and forecast, by Power Rating
7.4.5.3.3 Market size and forecast, by End User
7.4.5.4 South Korea
7.4.5.4.1 Market size and forecast, by Application
7.4.5.4.2 Market size and forecast, by Power Rating
7.4.5.4.3 Market size and forecast, by End User
7.4.5.5 Australia
7.4.5.5.1 Market size and forecast, by Application
7.4.5.5.2 Market size and forecast, by Power Rating
7.4.5.5.3 Market size and forecast, by End User
7.4.5.6 Rest of Asia-Pacific
7.4.5.6.1 Market size and forecast, by Application
7.4.5.6.2 Market size and forecast, by Power Rating
7.4.5.6.3 Market size and forecast, by End User
7.5 LAMEA
7.5.1 Key trends and opportunities
7.5.2 LAMEA Market size and forecast, by Application
7.5.3 LAMEA Market size and forecast, by Power Rating
7.5.4 LAMEA Market size and forecast, by End User
7.5.5 LAMEA Market size and forecast, by country
7.5.5.1 Brazil
7.5.5.1.1 Market size and forecast, by Application
7.5.5.1.2 Market size and forecast, by Power Rating
7.5.5.1.3 Market size and forecast, by End User
7.5.5.2 Saudi Arabia
7.5.5.2.1 Market size and forecast, by Application
7.5.5.2.2 Market size and forecast, by Power Rating
7.5.5.2.3 Market size and forecast, by End User
7.5.5.3 South Africa
7.5.5.3.1 Market size and forecast, by Application
7.5.5.3.2 Market size and forecast, by Power Rating
7.5.5.3.3 Market size and forecast, by End User
7.5.5.4 Rest of LAMEA
7.5.5.4.1 Market size and forecast, by Application
7.5.5.4.2 Market size and forecast, by Power Rating
7.5.5.4.3 Market size and forecast, by End User

CHAPTER 8: COMPANY LANDSCAPE
8.1. Introduction
8.2. Top winning strategies
8.3. Product Mapping of Top 10 Player
8.4. Competitive Dashboard
8.5. Competitive Heatmap
8.6. Key developments

CHAPTER 9: COMPANY PROFILES
9.1 Generac Holdings Inc.
9.1.1 Company overview
9.1.2 Company snapshot
9.1.3 Operating business segments
9.1.4 Product portfolio
9.1.5 Business performance
9.1.6 Key strategic moves and developments
9.2 Caterpillar Inc.
9.2.1 Company overview
9.2.2 Company snapshot
9.2.3 Operating business segments
9.2.4 Product portfolio
9.2.5 Business performance
9.2.6 Key strategic moves and developments
9.3 aksa power generation
9.3.1 Company overview
9.3.2 Company snapshot
9.3.3 Operating business segments
9.3.4 Product portfolio
9.3.5 Business performance
9.3.6 Key strategic moves and developments
9.4 Cooper Corporation
9.4.1 Company overview
9.4.2 Company snapshot
9.4.3 Operating business segments
9.4.4 Product portfolio
9.4.5 Business performance
9.4.6 Key strategic moves and developments
9.5 Mitsubishi Heavy Industries Ltd
9.5.1 Company overview
9.5.2 Company snapshot
9.5.3 Operating business segments
9.5.4 Product portfolio
9.5.5 Business performance
9.5.6 Key strategic moves and developments
9.6 . KOHLER CO.
9.6.1 Company overview
9.6.2 Company snapshot
9.6.3 Operating business segments
9.6.4 Product portfolio
9.6.5 Business performance
9.6.6 Key strategic moves and developments
9.7 Cummins Inc.
9.7.1 Company overview
9.7.2 Company snapshot
9.7.3 Operating business segments
9.7.4 Product portfolio
9.7.5 Business performance
9.7.6 Key strategic moves and developments
9.8 General Electric Company
9.8.1 Company overview
9.8.2 Company snapshot
9.8.3 Operating business segments
9.8.4 Product portfolio
9.8.5 Business performance
9.8.6 Key strategic moves and developments
9.9 F. G. Wilson
9.9.1 Company overview
9.9.2 Company snapshot
9.9.3 Operating business segments
9.9.4 Product portfolio
9.9.5 Business performance
9.9.6 Key strategic moves and developments
9.10 MTU America Inc.
9.10.1 Company overview
9.10.2 Company snapshot
9.10.3 Operating business segments
9.10.4 Product portfolio
9.10.5 Business performance
9.10.6 Key strategic moves and developments

List of Tables
Table 1. Global Natural Gas Generator Market, by Application, 2021-2031 ($Million)
Table 2. Natural Gas Generator Market, for Stand-By, by Region, 2021-2031 ($Million)
Table 3. Natural Gas Generator Market for Stand-By, by Country, 2021-2031 ($Million)
Table 4. Natural Gas Generator Market, for Continous, by Region, 2021-2031 ($Million)
Table 5. Natural Gas Generator Market for Continous, by Country, 2021-2031 ($Million)
Table 6. Global Natural Gas Generator Market, by Power Rating, 2021-2031 ($Million)
Table 7. Natural Gas Generator Market, for Less Than 75 Kva, by Region, 2021-2031 ($Million)
Table 8. Natural Gas Generator Market for Less Than 75 Kva, by Country, 2021-2031 ($Million)
Table 9. Natural Gas Generator Market, for 75-375 Kva, by Region, 2021-2031 ($Million)
Table 10. Natural Gas Generator Market for 75-375 Kva, by Country, 2021-2031 ($Million)
Table 11. Natural Gas Generator Market, for Above 375 Kva, by Region, 2021-2031 ($Million)
Table 12. Natural Gas Generator Market for Above 375 Kva, by Country, 2021-2031 ($Million)
Table 13. Global Natural Gas Generator Market, by End-user, 2021-2031 ($Million)
Table 14. Natural Gas Generator Market, for Commercial, by Region, 2021-2031 ($Million)
Table 15. Natural Gas Generator Market for Commercial, by Country, 2021-2031 ($Million)
Table 16. Natural Gas Generator Market, for Residential, by Region, 2021-2031 ($Million)
Table 17. Natural Gas Generator Market for Residential, by Country, 2021-2031 ($Million)
Table 18. Natural Gas Generator Market, for Industrial, by Region, 2021-2031 ($Million)
Table 19. Natural Gas Generator Market for Industrial, by Country, 2021-2031 ($Million)
Table 20. Natural Gas Generator Market, by Region, 2021-2031 ($Million)
Table 21. North America Natural Gas Generator Market, by Application, 2021-2031 ($Million)
Table 22. North America Natural Gas Generator Market, by Power Rating, 2021-2031 ($Million)
Table 23. North America Natural Gas Generator Market, by End-user, 2021-2031 ($Million)
Table 24. North America Natural Gas Generator Market, by Country, 2021-2031 ($Million)
Table 25. U.S. Natural Gas Generator Market, by Application, 2021-2031 ($Million)
Table 26. U.S. Natural Gas Generator Market, by Power Rating, 2021-2031 ($Million)
Table 27. U.S. Natural Gas Generator Market, by End-user, 2021-2031 ($Million)
Table 28. Canada Natural Gas Generator Market, by Application, 2021-2031 ($Million)
Table 29. Canada Natural Gas Generator Market, by Power Rating, 2021-2031 ($Million)
Table 30. Canada Natural Gas Generator Market, by End-user, 2021-2031 ($Million)
Table 31. Mexico Natural Gas Generator Market, by Application, 2021-2031 ($Million)
Table 32. Mexico Natural Gas Generator Market, by Power Rating, 2021-2031 ($Million)
Table 33. Mexico Natural Gas Generator Market, by End-user, 2021-2031 ($Million)
Table 34. Europe Natural Gas Generator Market, by Application, 2021-2031 ($Million)
Table 35. Europe Natural Gas Generator Market, by Power Rating, 2021-2031 ($Million)
Table 36. Europe Natural Gas Generator Market, by End-user, 2021-2031 ($Million)
Table 37. Europe Natural Gas Generator Market, by Country, 2021-2031 ($Million)
Table 38. Germany Natural Gas Generator Market, by Application, 2021-2031 ($Million)
Table 39. Germany Natural Gas Generator Market, by Power Rating, 2021-2031 ($Million)
Table 40. Germany Natural Gas Generator Market, by End-user, 2021-2031 ($Million)
Table 41. Italy Natural Gas Generator Market, by Application, 2021-2031 ($Million)
Table 42. Italy Natural Gas Generator Market, by Power Rating, 2021-2031 ($Million)
Table 43. Italy Natural Gas Generator Market, by End-user, 2021-2031 ($Million)
Table 44. UK Natural Gas Generator Market, by Application, 2021-2031 ($Million)
Table 45. UK Natural Gas Generator Market, by Power Rating, 2021-2031 ($Million)
Table 46. UK Natural Gas Generator Market, by End-user, 2021-2031 ($Million)
Table 47. Spain Natural Gas Generator Market, by Application, 2021-2031 ($Million)
Table 48. Spain Natural Gas Generator Market, by Power Rating, 2021-2031 ($Million)
Table 49. Spain Natural Gas Generator Market, by End-user, 2021-2031 ($Million)
Table 50. France Natural Gas Generator Market, by Application, 2021-2031 ($Million)
Table 51. France Natural Gas Generator Market, by Power Rating, 2021-2031 ($Million)
Table 52. France Natural Gas Generator Market, by End-user, 2021-2031 ($Million)
Table 53. Rest of Europe Natural Gas Generator Market, by Application, 2021-2031 ($Million)
Table 54. Rest of Europe Natural Gas Generator Market, by Power Rating, 2021-2031 ($Million)
Table 55. Rest of Europe Natural Gas Generator Market, by End-user, 2021-2031 ($Million)
Table 56. Asia-Pacific Natural Gas Generator Market, by Application, 2021-2031 ($Million)
Table 57. Asia-Pacific Natural Gas Generator Market, by Power Rating, 2021-2031 ($Million)
Table 58. Asia-Pacific Natural Gas Generator Market, by End-user, 2021-2031 ($Million)
Table 59. Asia-Pacific Natural Gas Generator Market, by Country, 2021-2031 ($Million)
Table 60. China Natural Gas Generator Market, by Application, 2021-2031 ($Million)
Table 61. China Natural Gas Generator Market, by Power Rating, 2021-2031 ($Million)
Table 62. China Natural Gas Generator Market, by End-user, 2021-2031 ($Million)
Table 63. Japan Natural Gas Generator Market, by Application, 2021-2031 ($Million)
Table 64. Japan Natural Gas Generator Market, by Power Rating, 2021-2031 ($Million)
Table 65. Japan Natural Gas Generator Market, by End-user, 2021-2031 ($Million)
Table 66. India Natural Gas Generator Market, by Application, 2021-2031 ($Million)
Table 67. India Natural Gas Generator Market, by Power Rating, 2021-2031 ($Million)
Table 68. India Natural Gas Generator Market, by End-user, 2021-2031 ($Million)
Table 69. South Korea Natural Gas Generator Market, by Application, 2021-2031 ($Million)
Table 70. South Korea Natural Gas Generator Market, by Power Rating, 2021-2031 ($Million)
Table 71. South Korea Natural Gas Generator Market, by End-user, 2021-2031 ($Million)
Table 72. Australia Natural Gas Generator Market, by Application, 2021-2031 ($Million)
Table 73. Australia Natural Gas Generator Market, by Power Rating, 2021-2031 ($Million)
Table 74. Australia Natural Gas Generator Market, by End-user, 2021-2031 ($Million)
Table 75. Rest of Asia-Pacific Natural Gas Generator Market, by Application, 2021-2031 ($Million)
Table 76. Rest of Asia-Pacific Natural Gas Generator Market, by Power Rating, 2021-2031 ($Million)
Table 77. Rest of Asia-Pacific Natural Gas Generator Market, by End-user, 2021-2031 ($Million)
Table 78. LAMEA Natural Gas Generator Market, by Application, 2021-2031 ($Million)
Table 79. LAMEA Natural Gas Generator Market, by Power Rating, 2021-2031 ($Million)
Table 80. LAMEA Natural Gas Generator Market, by End-user, 2021-2031 ($Million)
Table 81. LAMEA Natural Gas Generator Market, by Country, 2021-2031 ($Million)
Table 82. Brazil Natural Gas Generator Market, by Application, 2021-2031 ($Million)
Table 83. Brazil Natural Gas Generator Market, by Power Rating, 2021-2031 ($Million)
Table 84. Brazil Natural Gas Generator Market, by End-user, 2021-2031 ($Million)
Table 85. Saudi Arabia Natural Gas Generator Market, by Application, 2021-2031 ($Million)
Table 86. Saudi Arabia Natural Gas Generator Market, by Power Rating, 2021-2031 ($Million)
Table 87. Saudi Arabia Natural Gas Generator Market, by End-user, 2021-2031 ($Million)
Table 88. South Africa Natural Gas Generator Market, by Application, 2021-2031 ($Million)
Table 89. South Africa Natural Gas Generator Market, by Power Rating, 2021-2031 ($Million)
Table 90. South Africa Natural Gas Generator Market, by End-user, 2021-2031 ($Million)
Table 91. Rest of LAMEA Natural Gas Generator Market, by Application, 2021-2031 ($Million)
Table 92. Rest of LAMEA Natural Gas Generator Market, by Power Rating, 2021-2031 ($Million)
Table 93. Rest of LAMEA Natural Gas Generator Market, by End-user, 2021-2031 ($Million)
Table 94. Generac Holdings Inc.: Company Snapshot
Table 95. Generac Holdings Inc.: Operating Segments
Table 96. Generac Holdings Inc.: Product Portfolio
Table 97. Generac Holdings Inc.: Net Sales
Table 98. Generac Holdings Inc.: Key Strategies
Table 99. Caterpillar Inc.: Company Snapshot
Table 100. Caterpillar Inc.: Operating Segments
Table 101. Caterpillar Inc.: Product Portfolio
Table 102. Caterpillar Inc.: Net Sales
Table 103. Caterpillar Inc.: Key Strategies
Table 104. Aksa Power Generation: Company Snapshot
Table 105. Aksa Power Generation: Operating Segments
Table 106. Aksa Power Generation: Product Portfolio
Table 107. Aksa Power Generation: Net Sales
Table 108. Aksa Power Generation: Key Strategies
Table 109. Cooper Corporation: Company Snapshot
Table 110. Cooper Corporation: Operating Segments
Table 111. Cooper Corporation: Product Portfolio
Table 112. Cooper Corporation: Net Sales
Table 113. Cooper Corporation: Key Strategies
Table 114. Mitsubishi Heavy Industries Ltd.: Company Snapshot
Table 115. Mitsubishi Heavy Industries Ltd.: Operating Segments
Table 116. Mitsubishi Heavy Industries Ltd.: Product Portfolio
Table 117. Mitsubishi Heavy Industries Ltd.: Net Sales
Table 118. Mitsubishi Heavy Industries Ltd.: Key Strategies
Table 119. . Kohler Co.: Company Snapshot
Table 120. . Kohler Co.: Operating Segments
Table 121. . Kohler Co.: Product Portfolio
Table 122. . Kohler Co.: Net Sales
Table 123. . Kohler Co.: Key Strategies
Table 124. Cummins Inc.: Company Snapshot
Table 125. Cummins Inc.: Operating Segments
Table 126. Cummins Inc.: Product Portfolio
Table 127. Cummins Inc.: Net Sales
Table 128. Cummins Inc.: Key Strategies
Table 129. General Electric Company: Company Snapshot
Table 130. General Electric Company: Operating Segments
Table 131. General Electric Company: Product Portfolio
Table 132. General Electric Company: Net Sales
Table 133. General Electric Company: Key Strategies
Table 134. F. G. Wilson: Company Snapshot
Table 135. F. G. Wilson: Operating Segments
Table 136. F. G. Wilson: Product Portfolio
Table 137. F. G. Wilson: Net Sales
Table 138. F. G. Wilson: Key Strategies
Table 139. Mtu America Inc.: Company Snapshot
Table 140. Mtu America Inc.: Operating Segments
Table 141. Mtu America Inc.: Product Portfolio
Table 142. Mtu America Inc.: Net Sales
Table 143. Mtu America Inc.: Key Strategies

List of Figures
Figure 1. Natural Gas Generator Market Segmentation
Figure 2. Natural Gas Generator Market, 2021-2031
Figure 3. Natural Gas Generator Market, 2021-2031
Figure 4. Top Investment Pockets, by Region
Figure 5. Porter Five-1
Figure 6. Porter Five-2
Figure 7. Porter Five-3
Figure 8. Porter Five-4
Figure 9. Porter Five-5
Figure 10. Top Player Positioning
Figure 11. Natural Gas Generator Mark.:Drivers, Restraints and Opportunities
Figure 12. Key Regulation Analysis
Figure 13. Natural Gas Generator Market, By Application, 2021(%)
Figure 14. Comparative Share Analysis of Stand-By Natural Gas Generator Market, 2021-2031(%)
Figure 15. Comparative Share Analysis of Continous Natural Gas Generator Market, 2021-2031(%)
Figure 16. Natural Gas Generator Market, By Power Rating, 2021(%)
Figure 17. Comparative Share Analysis of Less Than 75 Kva Natural Gas Generator Market, 2021-2031(%)
Figure 18. Comparative Share Analysis of 75-375 Kva Natural Gas Generator Market, 2021-2031(%)
Figure 19. Comparative Share Analysis of Above 375 Kva Natural Gas Generator Market, 2021-2031(%)
Figure 20. Natural Gas Generator Market, By End-user, 2021(%)
Figure 21. Comparative Share Analysis of Commercial Natural Gas Generator Market, 2021-2031(%)
Figure 22. Comparative Share Analysis of Residential Natural Gas Generator Market, 2021-2031(%)
Figure 23. Comparative Share Analysis of Industrial Natural Gas Generator Market, 2021-2031(%)
Figure 24. Natural Gas Generator Market by Region, 2021
Figure 25. U.S. Natural Gas Generator Market, 2021-2031($Million)
Figure 26. Canada Natural Gas Generator Market, 2021-2031($Million)
Figure 27. Mexico Natural Gas Generator Market, 2021-2031($Million)
Figure 28. Germany Natural Gas Generator Market, 2021-2031($Million)
Figure 29. Italy Natural Gas Generator Market, 2021-2031($Million)
Figure 30. Uk Natural Gas Generator Market, 2021-2031($Million)
Figure 31. Spain Natural Gas Generator Market, 2021-2031($Million)
Figure 32. France Natural Gas Generator Market, 2021-2031($Million)
Figure 33. Rest of Europe Natural Gas Generator Market, 2021-2031($Million)
Figure 34. China Natural Gas Generator Market, 2021-2031($Million)
Figure 35. Japan Natural Gas Generator Market, 2021-2031($Million)
Figure 36. India Natural Gas Generator Market, 2021-2031($Million)
Figure 37. South Korea Natural Gas Generator Market, 2021-2031($Million)
Figure 38. Australia Natural Gas Generator Market, 2021-2031($Million)
Figure 39. Rest of Asia-Pacific Natural Gas Generator Market, 2021-2031($Million)
Figure 40. Brazil Natural Gas Generator Market, 2021-2031($Million)
Figure 41. Saudi Arabia Natural Gas Generator Market, 2021-2031($Million)
Figure 42. South Africa Natural Gas Generator Market, 2021-2031($Million)
Figure 43. Rest of LAMEA Natural Gas Generator Market, 2021-2031($Million)
Figure 44. Top Winning Strategies, by Year
Figure 45. Top Winning Strategies, by Development
Figure 46. Top Winning Strategies, by Company
Figure 47. Product Mapping of Top 10 Players
Figure 48. Competitive Dashboard
Figure 49. Competitive Heatmap of Top 10 Key Players
Figure 50. Generac Holdings Inc.: Net Sales, ($Million)
Figure 51. Caterpillar Inc.: Net Sales, ($Million)
Figure 52. Aksa Power Generatio.: Net Sales, ($Million)
Figure 53. Cooper Corporatio.: Net Sales, ($Million)
Figure 54. Mitsubishi Heavy Industries Lt.: Net Sales, ($Million)
Figure 55. .Kohler Co.: Net Sales, ($Million)
Figure 56. Cummins Inc.: Net Sales, ($Million)
Figure 57. General Electric Compan.: Net Sales, ($Million)
Figure 58. F.G. Wilso.: Net Sales, ($Million)
Figure 59. Mtu America Inc.: Net Sales, ($Million)

Executive Summary

According to the report, “Natural Gas Generator Market," the natural gas generator market size was valued at $5.5 billion in 2021, and is estimated to reach $10.4 billion by 2031, growing at a CAGR of 6.6% from 2022 to 2031.

Natural gas generators use natural gas to create electricity. They work similar to gas generators, but these generators use gas fuel instead of liquid. To create electricity in a natural gas generator, a mixture of fuel and air is inserted into a combustion chamber, where a piston compresses it. A spark plug ignites the fuel by forcing the piston down and turning the crankshaft.

Generators harness mechanical energy, fueled by natural gas, to create electricity. Natural gas generators use fuels such as propane or natural gas, drawn either from a direct line piped in by utility suppliers or via a tank, to generate the cleanest fossil fuel electricity possible. Natural gas-powered generators provide energy for other appliances through the following steps:
Injection: The internal combustion engine injects fuel and air into the combustion chamber, where the mixture gets compressed by the piston.

Ignition: After the piston compresses the air and fuel combination, the spark plug ignites the fuel with a small but powerful spark. The spark ignites an explosion in the chamber that the Rest of the generator turns into mechanical energy.

Electricity generation: Ignition causes the gases to expand, pushing the piston down with enough force to turn the crankshaft, which then spins the rotor. When the rotor spins, the stator wires conduct electricity and combine into a single large electrical current that, if large enough, can power appliances and buildings.

Natural gas is one of the cleanest-burning fossil fuels, releasing fewer toxins into the atmosphere than other generator fuels. However, rise in pollution concern across the globe may act as the major driving factor for the market. In addition, rather than having to refill a fuel tank repeatedly, natural gas generator can be connected by local gas pipeline for a near-unlimited fuel supply, barring any major disasters or utility failures. Diesel generators require extra time and expense to polish the fuel to remove contaminants. Diesel’s limited shelf life in storage means it requires extra planning and expense, with natural gas. However, high fuel supply of natural gas generator characteristic is projected to create ample amount of natural gas generator market opportunities.

The natural gas generator market is segmented on the basis of application, power rating, end user, and region. On the basis of application, the market is categorized into stand-by and continuous. On the basis of power rating, it is divided into Less than 75 kVA, 75-375 kVA and Above 375 kVA. On the basis of end user, it is classified into commercial, residential and industrial. Region wise, it is analyzed across North America, Europe, Asia-Pacific and LAMEA.

The global natural gas generator market analysis covers in-depth information about the major industry participants. The key players operating and profiled in the report include Weichai Group (China), Kohler Co. (US), Atlas Copco (Sweden), Denyo (Japan), Wacker Neuson (Germany), Doosan (South Korea), Greaves Cotton Limited (India), Kirloskar Oil Engines Ltd. (India), Siemens (Germany), Aksa Energy (Turkey), Wärtsilä (Finland), Honda (Japan), Briggs & Stratton (US), ABB (Germany) and Yanmar (Japan).

The global natural gas generator market forecast is analyzed and estimated in accordance with the impacts of the drivers, restraints, and opportunities. The period studied in this report is 2021-2031. The report includes the study of the market with respect to the growth prospects and restraints based on the regional analysis. The study includes Porter’s five forces analysis of the industry to determine the impact of suppliers, competitors, new entrants, substitutes, and buyers on the natural gas generator market growth.

IMPACT OF COVID-19 ON THE GLOBAL NATURAL GAS GENERATOR MARKET

The COVID-19 pandemic has curtailed the movement of people, goods and power ratings worldwide, including in most of the regions in which manufacturing of Natural gas generator is on large scale. As part of intensifying efforts to contain the spread of COVID-19, a number of local, state and national governments have imposed various restrictions on the conduct of business and travel, such as stay-at-home orders and quarantines that have led to a significant number of business slowdowns and closures.

The manufacturing of Natural gas generator was stopped for a specific period of time due to high peak of the COVID-19 situation which led to highly impact the sales of Natural gas generator.

COVID-19 impacted almost all industries by hindering various industrial Power ratings and disrupting the supply chain. Maximum companies halted their Power rating due to less workforce. However, there is a sluggish decline in the global natural gas generator market due to impact of COVID-19.

Key findings

  • On the basis of application, the continuous segment emerged as the global leader in 2021 and is anticipated to be the largest market during the forecast period.
  • On the basis of power rating, the less than 75 kVA segment emerged as the global leader in 2021 and is anticipated to be the largest market during the forecast period.
  • On the basis of end users, the commercial segment registered the highest market share and is projected to maintain the same during the forecast period.
  • based on region, Asia-Pacific registered the highest natural gas generator market share and is projected to maintain the same during the forecast period.

Companies Mentioned

  • Generac Holdings Inc.
  • Caterpillar Inc.
  • aksa power generation
  • Cooper Corporation
  • Mitsubishi Heavy Industries Ltd
  • .KOHLER CO.
  • Cummins Inc.
  • General Electric Company
  • F.G. Wilson
  • MTU America Inc.

Methodology

The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.

They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.

They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:

  • Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic news articles and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast

Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.

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