Press release
Global Distributed Natural Gas-Fueled Generation Market Expected to reach 32200 million US$ by the end of 2025
Distributed Natural Gas-Fueled Generation is the use of natural gas as fuel, by hot and cold way, such as electric trigeneration cascade utilization of energy, and came to the realization of energy supply in the center of the load of modern ways of energy supply.
Distributed Natural Gas-Fueled Generation achieved for a cascade utilization of energy, no energy transmission loss, can be independent of the power grid operation can also be parallel operation, both can be used as the main power supply and can be used as a backup power supply, improve the stability and security of users.
In 2017, the global Distributed Natural Gas-Fueled Generation market size was 18900 million US$ and it is expected to reach 32200 million US$ by the end of 2025, with a CAGR of 6.9% during 2018-2025.
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The key players covered in this study
Cummins
ShanDongLvhuan Power Equipment
MWM
ABB Group
General Electric
Plug Power
Market segment by Type, the product can be split into
Internal Combustion Engine Gas
Turbine Gas
Market segment by Application, split into
Residential
Building & Institutional
Commercial & Industrial
Market segment by Regions/Countries, this report covers
United States
Europe
China
Japan
Southeast Asia
India
Central & South America
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