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Distributed Natural Gas Fuelled Generation Market

Distributed Natural Gas Fuelled Generation Market was valued US $18.95 Bn in 2017 and is estimated to reach US $32.50 Bn by 2026 at a CAGR of about 6.1% during a forecast period.

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Distributed Natural Gas Fuelled Generation Market

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  1. Distributed Natural Gas Fuelled Generation Market was valued US $18.95 Bn in 2017 and is estimated to reach US $32.50 Bn by 2026 at a CAGR of about 6.1% during a forecast period. Distributed natural gas-fuelled generation technology is cleaner than diesel or coal-fuelled generation and unlike renewable, does not depend on the wind or solar energy for the production of power. Factors such as stringent environmental standards to diminish carbon footprint, demand for reliable power, and decrease in costs of onsite generation relative to alternatives like grid power is anticipated to fuel market growth in future. The distributed natural gas-fuelled generation market is expected to witness an upsurge in the adoption of fuel cell technologies, owing to rise in usage of cleanest fossil- fuelled natural gas in the power generation sectors. The increase in use of distributed natural gas-fuelled generation in gas fields will raise the future market over the forecast period. Distributed natural gas-fuelled generation technology Distributed natural gas-fuelled generation market is segmented into technology, end-user, and region. On the basis of technology, High growth of natural gas segment can be attributed to suitability for remote areas coupled with their effective solution for growing energy demand and tackling power shortages. Micro turbines are anticipated to emerge as one of the fastest growing segment and reach a net worth of US$ 2.15 billion by 2026. Based on end-user, Industries are in need of constantly power supply to maintain the flow of the process. Power voltage and outages drop not only affect the step of work but also lead to malfunctioning of equipment which leads to operational and monetary loss. Building & institutional segment is expected to emerge as fastest growing segment and reach a net worth of US$ 9.01 billion by 2026 owing to the expansion of cities, particularly in emerging economies. In terms of region, Asia Pacific is one of the dominated market for the Distributed natural gas-fuelled generation market followed by North America, Europe. Clean Development Mechanism have been introduced particularly for the manufacturing sector to reduce global warming potential. These crucial factors are expected to favor market growth in the region. For More Information Visit https://www.maximizemarketresearch.com/market-report/distributed- natural-gas-fuelled-generation-market/14334/ Key Players Profiled and Analised in the Report General Electric, MWM GmbH, ABB Group, Cummins Inc, Plug Power System, Shandong Lvhuan Power Equipment Co., Ltd. , Redox Power Systems. Scope of Distributed Natural Gas Fuelled Generation Market

  2. Distributed Natural Gas Fuelled Generation Market by Technology • Natural Gas Gensets • Micro Turbines • Stationary Fuel Cells Distributed Natural Gas Fuelled Generation Market by End-User • Residential • Commercial & Industrial • Building & Institutional Distributed Natural Gas Fuelled Generation Market by Geography • North America • Europe • Asia-Pacific • Middle East & Africa • Latin America Key Players in the Distributed Natural Gas Fuelled Generation Market • General Electric • MWM GmbH • ABB Group • Cummins Inc • Plug Power System • Shandong Lvhuan Power Equipment Co., Ltd. • Redox Power Systems This Report Is Submitted By @Maximize Market Research Company Customization of the report:

  3. Maximize Market Research provides free personalized of reports as per your demand. This report can be personalized to meet your requirements. Get in touch with us and our sales team will guarantee provide you to get a report that suits your necessities. About Maximize Market Research: Maximize Market Research provides B2B and B2C research on 20,000 high growth emerging opportunities & technologies as well as threats to the companies across the Healthcare, Pharmaceuticals, Electronics & Communications, Internet of Things, Food and Beverages, Aerospace and Defense and other manufacturing sectors. Contact info: Name: Lumawant Godage Organization: MAXIMIZE MARKET RESEARCH PVT. LTD. Email: sales@maximizemarketresearch.com Address:Omkar Heights, Sinhagad Road, Manik Baug, Vadgaon Bk,Pune, Maharashtra 411051, India. Contact: +919607195908

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