Global natural gas generator aftermarket market reached more than USD 9 Billion in 2016 by registering a CAGR of 9% across the globe. Moreover, the market is expected to reach more than USD 17 Billion by the end of 2024.

The demand for natural gas generator aftermarket is increasing owing to the rising sale of natural gas generator across the globe. Further, inclination of people toward clean energy devices and government regulation to curb the pollution is expected to escalate the growth of the natural gas generator market which further, is anticipated to drive the demand for natural gas generator aftermarket over the forecast period.

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Further, the market of global natural gas generator aftermarket market is anticipated to achieve a Y-o-Y growth rate of 10.3% in 2024 as compared to the previous year. Moreover, growth and expansion of the industrial sector is propelling the demand for natural gas generator which is likely to escalate the demand for natural gas aftermarket across the globe.
Asia Pacific is slated to account for a leading share of 70% by 2024 in the natural gas generator aftermarket market. The growth in the region can be attributed to increasing sale of natural gas generators coupled with rising number of industries in the region. Besides, encouragement by the government to adopt clean energy sources and rapid pace in urbanization is also expected to impel the growth of natural gas generator aftermarket market in the Asia Pacific. China and India are the prominent market in the region.
Global natural gas generator aftermarket is segmented on the basis of type into service & maintenance, repair and others. Service & maintenance segment (44.5% share in 2016) occupies the largest market of natural gas generator aftermarket across the globe. Further, global service & maintenance natural gas generator aftermarket is anticipated to reach USD 169.1 Million by the end of 2024 from USD 84.3 Million in 2016. Moreover, this segment is anticipated to flourish at a CAGR of 9.3% over the forecast period.  Briggs & Stratton Corporation, Caterpillar Inc., Cummins Inc., Kirloskar Oil Engines Ltd. are some of the prominent players of natural gas generator aftermarket.

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Table of Content

1. Executive Summary 
2. Research Methodology
3. Risk Analysis
3.1. Demand Risk
3.2. Supply Risk
4. Top Countries with Highest demand for Natural Gas Generator Aftermarket– By Region
4.1. North America
4.2. Europe
4.3. Asia-Pacific
4.4. Middle East & Africa
5. Global Natural Gas Generator Aftermarket Market Size (USD Million) and Forecast, 2016-2024
6. Market Dynamics & Its Impact Analysis
6.1. Growth Drivers
6.2. Challenges
6.3. Trends
6.4. Opportunities
7. Global Market Segmentation Analysis
7.1. By Type Market Size (USD Million) & Y-O-Y Growth Analysis (%), 2016-2024
7.1.1. Service & Maintenance Market Size (USD Million) & Y-O-Y Growth Analysis (%), 2016-2024
7.1.2. Repair Market Size (USD Million) & Y-O-Y Growth Analysis (%), 2016-2024
7.1.3. Others Market Size (USD Million) & Y-O-Y Growth Analysis (%), 2016-2024
7.1.4. Market Attractiveness By Type
7.1.5. BPS Analysis By Type
7.2. By Region Market Size (USD Million), Y-O-Y Growth & Share Analysis (%), 2016-2024
7.2.1. North America Market Size (USD Million), Y-O-Y Growth & Share Analysis (%), 2016-2024
7.2.1.1. By Country

To be continue…

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