Natural Gas Fired Electricity Generation Global Market Report 2025

Name: Natural Gas Fired Electricity Generation Global Market Report 2025
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Natural Gas Fired Electricity Generation Market Size and growth rate 2025 to 2029: Graph

Natural Gas Fired Electricity Generation Global Market Report 2025 - By Technology (Combined Cycle, Open Cycle, Cogeneration), By Power Output (Less Than 100 MW, 100-500 MW, 500-1000 MW, Above 1000 MW), By Fuel Source (Conventional Natural Gas, Liquefied Natural Gas, Compressed Natural Gas, Biogas), By Application (Base Load Generation, Peak Load Generation, Mid Load Generation, Backup Power Generation), By End-Use (Residential, Commercial, Industrial) - Market Size, Trends, And Global Forecast 2025-2034

Natural Gas Fired Electricity Generation Global Market Report 2025

Report Price : $4490.00 | Pages : 200 | Published : June 2025 | Delivery Time: 2-3 business days Info | Format : pdf

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Natural Gas Fired Electricity Generation Global Market Report 2025

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What Is Covered Under Natural Gas Fired Electricity Generation Market?

Natural gas fired electricity generation is the process of producing electricity by burning natural gas in turbines or engines. Its main goal is to generate reliable and efficient power with lower carbon emissions compared to coal or oil. This method supports grid stability and meets fluctuating energy demands.

The main technologies of natural gas fired electricity generation include combined cycle, open cycle, and cogeneration. Combined cycle technology refers to a power generation method that combines both gas and steam turbines to produce electricity more efficiently. They offer a range of power outputs—from less than 100 MW to above 1000 MW and utilize various fuel sources,including conventional natural gas, liquefied natural gas (LNG), compressed natural gas (CNG), and biogas. They are suited for different load profiles such as base, mid, peak, and backup power, catering to residential, commercial, and industrial end-users.

What Is The Natural Gas Fired Electricity Generation Market Size 2025 And Growth Rate?

The natural gas fired electricity generation market size has grown strongly in recent years. It will grow from $46.78 billion in 2024 to $49.83 billion in 2025 at a compound annual growth rate (CAGR) of 6.5%. The growth in the historic period can be attributed to increasing availability of shale gas reserves, rising efficiency of combined-cycle gas turbines, increasing investments in domestic natural gas infrastructure, rising energy demand during peak periods, and increasing demand for cleaner energy sources.

What Is The Natural Gas Fired Electricity Generation Market Growth Forecast?

The natural gas fired electricity generation market size is expected to see strong growth in the next few years. It will grow to $63.58 billion in 2029 at a compound annual growth rate (CAGR) of 6.3%. The growth in the forecast period can be attributed to growing demand for flexible and peaking power plants, growing integration of renewable energy requiring backup power, rising demand for grid stability, increasing carbon pricing and emission trading schemes, and growing reliability of natural gas supply chains. Major trends in the forecast period include technology upgrades in turbine materials, developing modular gas power units, developing artificial intelligence-based predictive maintenance, integrating energy storage systems, and innovating emissions monitoring and controls.

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How Is The Natural Gas Fired Electricity Generation Market Segmented?

The natural gas fired electricity generation market covered in this report is segmented –

1) By Technology: Combined Cycle, Open Cycle, Cogeneration

2) By Power Output: Less Than 100 MW, 100-500 MW, 500-1000 MW, Above 1000 MW

3) By Fuel Source: Conventional Natural Gas, Liquefied Natural Gas, Compressed Natural Gas, Biogas

4) By Application: Base Load Generation, Peak Load Generation, Mid Load Generation, Backup Power Generation

5) By End-Use: Residential, Commercial, Industrial

Subsegments:

1) By Combined Cycle: Single-Shaft Combined Cycle, Multi-Shaft Combined Cycle, Combined Heat And Power (CHP) Combined Cycle, Advanced Combined Cycle With H-Class Turbines

2) By Open Cycle: Simple Gas Turbine (SGT), Aeroderivative Gas Turbine, Heavy-Duty Gas Turbine

3) By Cogeneration: Industrial Cogeneration, District Heating With Combined Heat And Power, Residential Micro-Combined Heat And Power, Trigeneration

What Is Driving The Natural Gas Fired Electricity Generation Market? Increasing Demand For Cleaner Energy Sources Fueling The Growth Of The Market Due To Rising Environmental Concerns And The Need For Low-Emission Alternatives

The increasing demand for cleaner energy sources is expected to propel the growth of the natural gas-fired electricity generation market going forward. Cleaner energy sources refer to energy generated from renewable or low-emission sources, such as solar, wind, and hydropower, that have minimal environmental impact compared to fossil fuels. The increasing demand for cleaner energy sources is due to growing environmental concerns, which drive the need to reduce carbon emissions and combat climate change. Natural gas-fired electricity generation aids cleaner energy sources by providing a lower-emission alternative to coal and oil, supporting the transition to a more sustainable energy mix. It offers a flexible and efficient power supply, helping to balance renewable energy integration and enhance grid reliability. For instance, in March 2025, according to the International Renewable Energy Agency (IRENA), a United Arab Emirates-based intergovernmental organization, the global renewable energy capacity grew from 3,862,881 megawatts (MW) in 2023 to 4,448,051 megawatts (MW) in 2024. Therefore, the increasing demand for cleaner energy sources is driving the growth of the natural gas-fired electricity generation market.

Who Are The Major Players In The Global Natural Gas Fired Electricity Generation Market?

Major companies operating in the natural gas fired electricity generation market are TotalEnergies SE, Petróleo Brasileiro S.A., Iberdrola SA, RWE AG, Siemens Energy AG, NRG Energy Inc., Duke Energy Corp., Nextera Energy Inc., Exelon Corp., Dominion Energy Inc., S.N.G.N Romgaz S.A, China Resources Holdings Co. Ltd., CLP Holdings Limited, Sembcorp Industries Ltd., Centrais Eletricas Brasileiras SA, Snam S.p.A, Kawasaki Heavy Industries Ltd., Central Puerto S.A., Calpine Corporation, Mesa Natural Gas Solutions LLC.

What Are The Key Trends Of The Global Natural Gas Fired Electricity Generation Market? Innovative Power Solutions Aim To Cut Emissions And Fuel Use

Major companies operating in the natural gas-fired electricity generation market are focusing on developing innovative solutions, such as high-efficiency combined cycle plants, to enhance energy output while reducing fuel consumption and emissions. High-efficiency combined cycle plants refer to power generation facilities that use both gas and steam turbines in a single cycle to maximize energy output from fuel, typically natural gas. For instance, in August 2024, LS Power Development, LLC, a US-based manufacturing company, launched Lightning Power, an independent power producer with 11 GW of high-efficiency natural gas-fired generation, leveraging advanced combined cycle and combustion turbine technologies to improve energy efficiency. Lightning Power’s portfolio includes 18 natural gas-fired power projects, featuring baseload combined cycle plants and flexible peakers, aimed at ensuring grid stability and delivering reliable, affordable power for diverse energy needs.

What Are Latest Mergers And Acquisitions In The Natural Gas Fired Electricity Generation Market? Shell Expands Energy Portfolio With Rise Power Plant Acquisition

In January 2025, Shell plc, a UK-based oil industry company, acquired RISEC Holdings LLC for an undisclosed amount. With this acquisition, Shell plc aims to secure a long-term, reliable power supply and strengthen its strategic position in the growing ISO New England market, supporting its energy transition goals and enhancing trading opportunities. RISEC Holdings LLC is a US-based energy company that operates a natural gas-fired electricity generation facility.

What Is The Regional Outlook For The Global Natural Gas Fired Electricity Generation Market?

North America was the largest region in the natural gas fired electricity generation market in 2024. The regions covered in the natural gas fired electricity generation market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the natural gas fired electricity generation market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

What Defines the Natural Gas Fired Electricity Generation Market?

The natural gas fired electricity generation market consists of revenues earned by entities by providing services such as base load power, backup for renewable energy, grid stability, and ancillary services. The market value includes the value of related goods sold by the service provider or included within the service offering. The natural gas-fired electricity generation market also includes sales of gas turbines, gas-fired generators, heat recovery steam generators, and control and monitoring systems. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

How is Market Value Defined and Measured?

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

What is the Market Assessment and Strategic Outlook for the Natural Gas Fired Electricity Generation Industry?

The natural gas-fired electricity generation market research report is one of a series of new reports from The Business Research Company that provides natural gas-fired electricity generation market statistics, including the natural gas-fired electricity generation industry's global market size, regional shares, competitors with the natural gas-fired electricity generation market share, detailed natural gas-fired electricity generation market segments, market trends and opportunities, and any further data you may need to thrive in the natural gas-fired electricity generation market. This natural gas-fired electricity generation market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

Natural Gas Fired Electricity Generation Market Report Forecast Analysis

Report Attribute	Details
Market Size Value In 2025	$49.83 billion
Revenue Forecast In 2034	$63.58 billion
Growth Rate	CAGR of 6.3% from 2025 to 2034
Base Year For Estimation	2024
Actual Estimates/Historical Data	2019-2024
Forecast Period	2025 - 2029 - 2034
Market Representation	Revenue in USD Billion and CAGR from 2025 to 2034
Segments Covered	The natural gas fired electricity generation market covered in this report is segmented – 1) By Technology: Combined Cycle, Open Cycle, Cogeneration 2) By Power Output: Less Than 100 MW, 100-500 MW, 500-1000 MW, Above 1000 MW 3) By Fuel Source: Conventional Natural Gas, Liquefied Natural Gas, Compressed Natural Gas, Biogas 4) By Application: Base Load Generation, Peak Load Generation, Mid Load Generation, Backup Power Generation 5) By End-Use: Residential, Commercial, Industrial Subsegments: 1) By Combined Cycle: Single-Shaft Combined Cycle, Multi-Shaft Combined Cycle, Combined Heat And Power (CHP) Combined Cycle, Advanced Combined Cycle With H-Class Turbines 2) By Open Cycle: Simple Gas Turbine (SGT), Aeroderivative Gas Turbine, Heavy-Duty Gas Turbine 3) By Cogeneration: Industrial Cogeneration, District Heating With Combined Heat And Power, Residential Micro-Combined Heat And Power, Trigeneration
Regional Scope	Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Country Scope	The countries covered in the report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain. Additional countries that can be covered in the report are Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, Mexico, Chile, Argentina, Colombia, Peru, Austria, Belgium, Denmark, Finland, Ireland, Netherlands, Norway, Portugal, Sweden, Switzerland, Czech Republic, Poland, Romania, Ukraine, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.
Key Companies Profiled	TotalEnergies SE, Petróleo Brasileiro S.A., Iberdrola SA, RWE AG, Siemens Energy AG, NRG Energy Inc., Duke Energy Corp., Nextera Energy Inc., Exelon Corp., Dominion Energy Inc., S.N.G.N Romgaz S.A, China Resources Holdings Co. Ltd., CLP Holdings Limited, Sembcorp Industries Ltd., Centrais Eletricas Brasileiras SA, Snam S.p.A, Kawasaki Heavy Industries Ltd., Central Puerto S.A., Calpine Corporation, Mesa Natural Gas Solutions LLC.
Customization Scope	Request for Sample
Pricing And Purchase Options	Explore Purchase Options

1. Executive Summary

2. Natural Gas Fired Electricity Generation Market Characteristics

3. Natural Gas Fired Electricity Generation Market Trends And Strategies

4. Natural Gas Fired Electricity Generation Market - Macro Economic Scenario Including The Impact Of Interest Rates, Inflation, Geopolitics, Trade Wars and Tariffs, And Covid And Recovery On The Market

5. Global Natural Gas Fired Electricity Generation Growth Analysis And Strategic Analysis Framework

5.1. Global Natural Gas Fired Electricity Generation PESTEL Analysis (Political, Social, Technological, Environmental and Legal Factors, Drivers and Restraints)

5.2. Analysis Of End Use Industries

5.3. Global Natural Gas Fired Electricity Generation Market Growth Rate Analysis

5.4. Global Natural Gas Fired Electricity Generation Historic Market Size and Growth, 2019 - 2024, Value ($ Billion)

5.5. Global Natural Gas Fired Electricity Generation Forecast Market Size and Growth, 2024 - 2029, 2034F, Value ($ Billion)

5.6. Global Natural Gas Fired Electricity Generation Total Addressable Market (TAM)

6. Natural Gas Fired Electricity Generation Market Segmentation

6.1. Global Natural Gas Fired Electricity Generation Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Combined Cycle

Open Cycle

Cogeneration

6.2. Global Natural Gas Fired Electricity Generation Market, Segmentation By Power Output, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Less Than 100 MW

100-500 MW

500-1000 MW

Above 1000 MW

6.3. Global Natural Gas Fired Electricity Generation Market, Segmentation By Fuel Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Conventional Natural Gas

Liquefied Natural Gas

Compressed Natural Gas

Biogas

6.4. Global Natural Gas Fired Electricity Generation Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Base Load Generation

Peak Load Generation

Mid Load Generation

Backup Power Generation

6.5. Global Natural Gas Fired Electricity Generation Market, Segmentation By End-Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Residential

Commercial

Industrial

6.6. Global Natural Gas Fired Electricity Generation Market, Sub-Segmentation Of Combined Cycle, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Single-Shaft Combined Cycle

Multi-Shaft Combined Cycle

Combined Heat And Power (CHP) Combined Cycle

Advanced Combined Cycle With H-Class Turbines

6.7. Global Natural Gas Fired Electricity Generation Market, Sub-Segmentation Of Open Cycle, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Simple Gas Turbine (Sgt)

Aeroderivative Gas Turbine

Heavy-Duty Gas Turbine

6.8. Global Natural Gas Fired Electricity Generation Market, Sub-Segmentation Of Cogeneration, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Industrial Cogeneration

District Heating With Combined Heat And Power

Residential Micro-Combined Heat And Power

Trigeneration

7. Natural Gas Fired Electricity Generation Market Regional And Country Analysis

7.1. Global Natural Gas Fired Electricity Generation Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

7.2. Global Natural Gas Fired Electricity Generation Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

8. Asia-Pacific Natural Gas Fired Electricity Generation Market

8.1. Asia-Pacific Natural Gas Fired Electricity Generation Market Overview

Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

8.2. Asia-Pacific Natural Gas Fired Electricity Generation Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

8.3. Asia-Pacific Natural Gas Fired Electricity Generation Market, Segmentation By Power Output, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

8.4. Asia-Pacific Natural Gas Fired Electricity Generation Market, Segmentation By Fuel Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

9. China Natural Gas Fired Electricity Generation Market

9.1. China Natural Gas Fired Electricity Generation Market Overview

9.2. China Natural Gas Fired Electricity Generation Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion

9.3. China Natural Gas Fired Electricity Generation Market, Segmentation By Power Output, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion

9.4. China Natural Gas Fired Electricity Generation Market, Segmentation By Fuel Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion

10. India Natural Gas Fired Electricity Generation Market

10.1. India Natural Gas Fired Electricity Generation Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

10.2. India Natural Gas Fired Electricity Generation Market, Segmentation By Power Output, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

10.3. India Natural Gas Fired Electricity Generation Market, Segmentation By Fuel Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

11. Japan Natural Gas Fired Electricity Generation Market

11.1. Japan Natural Gas Fired Electricity Generation Market Overview

11.2. Japan Natural Gas Fired Electricity Generation Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

11.3. Japan Natural Gas Fired Electricity Generation Market, Segmentation By Power Output, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

11.4. Japan Natural Gas Fired Electricity Generation Market, Segmentation By Fuel Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

12. Australia Natural Gas Fired Electricity Generation Market

12.1. Australia Natural Gas Fired Electricity Generation Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

12.2. Australia Natural Gas Fired Electricity Generation Market, Segmentation By Power Output, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

12.3. Australia Natural Gas Fired Electricity Generation Market, Segmentation By Fuel Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

13. Indonesia Natural Gas Fired Electricity Generation Market

13.1. Indonesia Natural Gas Fired Electricity Generation Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

13.2. Indonesia Natural Gas Fired Electricity Generation Market, Segmentation By Power Output, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

13.3. Indonesia Natural Gas Fired Electricity Generation Market, Segmentation By Fuel Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

14. South Korea Natural Gas Fired Electricity Generation Market

14.1. South Korea Natural Gas Fired Electricity Generation Market Overview

14.2. South Korea Natural Gas Fired Electricity Generation Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

14.3. South Korea Natural Gas Fired Electricity Generation Market, Segmentation By Power Output, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

14.4. South Korea Natural Gas Fired Electricity Generation Market, Segmentation By Fuel Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

15. Western Europe Natural Gas Fired Electricity Generation Market

15.1. Western Europe Natural Gas Fired Electricity Generation Market Overview

15.2. Western Europe Natural Gas Fired Electricity Generation Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

15.3. Western Europe Natural Gas Fired Electricity Generation Market, Segmentation By Power Output, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

15.4. Western Europe Natural Gas Fired Electricity Generation Market, Segmentation By Fuel Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

16. UK Natural Gas Fired Electricity Generation Market

16.1. UK Natural Gas Fired Electricity Generation Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

16.2. UK Natural Gas Fired Electricity Generation Market, Segmentation By Power Output, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

16.3. UK Natural Gas Fired Electricity Generation Market, Segmentation By Fuel Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

17. Germany Natural Gas Fired Electricity Generation Market

17.1. Germany Natural Gas Fired Electricity Generation Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

17.2. Germany Natural Gas Fired Electricity Generation Market, Segmentation By Power Output, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

17.3. Germany Natural Gas Fired Electricity Generation Market, Segmentation By Fuel Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

18. France Natural Gas Fired Electricity Generation Market

18.1. France Natural Gas Fired Electricity Generation Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

18.2. France Natural Gas Fired Electricity Generation Market, Segmentation By Power Output, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

18.3. France Natural Gas Fired Electricity Generation Market, Segmentation By Fuel Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

19. Italy Natural Gas Fired Electricity Generation Market

19.1. Italy Natural Gas Fired Electricity Generation Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

19.2. Italy Natural Gas Fired Electricity Generation Market, Segmentation By Power Output, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

19.3. Italy Natural Gas Fired Electricity Generation Market, Segmentation By Fuel Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

20. Spain Natural Gas Fired Electricity Generation Market

20.1. Spain Natural Gas Fired Electricity Generation Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

20.2. Spain Natural Gas Fired Electricity Generation Market, Segmentation By Power Output, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

20.3. Spain Natural Gas Fired Electricity Generation Market, Segmentation By Fuel Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

21. Eastern Europe Natural Gas Fired Electricity Generation Market

21.1. Eastern Europe Natural Gas Fired Electricity Generation Market Overview

21.2. Eastern Europe Natural Gas Fired Electricity Generation Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

21.3. Eastern Europe Natural Gas Fired Electricity Generation Market, Segmentation By Power Output, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

21.4. Eastern Europe Natural Gas Fired Electricity Generation Market, Segmentation By Fuel Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

22. Russia Natural Gas Fired Electricity Generation Market

22.1. Russia Natural Gas Fired Electricity Generation Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

22.2. Russia Natural Gas Fired Electricity Generation Market, Segmentation By Power Output, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

22.3. Russia Natural Gas Fired Electricity Generation Market, Segmentation By Fuel Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

23. North America Natural Gas Fired Electricity Generation Market

23.1. North America Natural Gas Fired Electricity Generation Market Overview

23.2. North America Natural Gas Fired Electricity Generation Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

23.3. North America Natural Gas Fired Electricity Generation Market, Segmentation By Power Output, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

23.4. North America Natural Gas Fired Electricity Generation Market, Segmentation By Fuel Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

24. USA Natural Gas Fired Electricity Generation Market

24.1. USA Natural Gas Fired Electricity Generation Market Overview

24.2. USA Natural Gas Fired Electricity Generation Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

24.3. USA Natural Gas Fired Electricity Generation Market, Segmentation By Power Output, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

24.4. USA Natural Gas Fired Electricity Generation Market, Segmentation By Fuel Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

25. Canada Natural Gas Fired Electricity Generation Market

25.1. Canada Natural Gas Fired Electricity Generation Market Overview

25.2. Canada Natural Gas Fired Electricity Generation Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

25.3. Canada Natural Gas Fired Electricity Generation Market, Segmentation By Power Output, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

25.4. Canada Natural Gas Fired Electricity Generation Market, Segmentation By Fuel Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

26. South America Natural Gas Fired Electricity Generation Market

26.1. South America Natural Gas Fired Electricity Generation Market Overview

26.2. South America Natural Gas Fired Electricity Generation Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

26.3. South America Natural Gas Fired Electricity Generation Market, Segmentation By Power Output, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

26.4. South America Natural Gas Fired Electricity Generation Market, Segmentation By Fuel Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

27. Brazil Natural Gas Fired Electricity Generation Market

27.1. Brazil Natural Gas Fired Electricity Generation Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

27.2. Brazil Natural Gas Fired Electricity Generation Market, Segmentation By Power Output, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

27.3. Brazil Natural Gas Fired Electricity Generation Market, Segmentation By Fuel Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

28. Middle East Natural Gas Fired Electricity Generation Market

28.1. Middle East Natural Gas Fired Electricity Generation Market Overview

28.2. Middle East Natural Gas Fired Electricity Generation Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

28.3. Middle East Natural Gas Fired Electricity Generation Market, Segmentation By Power Output, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

28.4. Middle East Natural Gas Fired Electricity Generation Market, Segmentation By Fuel Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

29. Africa Natural Gas Fired Electricity Generation Market

29.1. Africa Natural Gas Fired Electricity Generation Market Overview

29.2. Africa Natural Gas Fired Electricity Generation Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

29.3. Africa Natural Gas Fired Electricity Generation Market, Segmentation By Power Output, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

29.4. Africa Natural Gas Fired Electricity Generation Market, Segmentation By Fuel Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

30. Natural Gas Fired Electricity Generation Market Competitive Landscape And Company Profiles

30.1. Natural Gas Fired Electricity Generation Market Competitive Landscape

30.2. Natural Gas Fired Electricity Generation Market Company Profiles

30.2.1. TotalEnergies SE Overview, Products and Services, Strategy and Financial Analysis

30.2.2. Petróleo Brasileiro S.A. Overview, Products and Services, Strategy and Financial Analysis

30.2.3. Iberdrola SA Overview, Products and Services, Strategy and Financial Analysis

30.2.4. RWE AG Overview, Products and Services, Strategy and Financial Analysis

30.2.5. Siemens Energy AG Overview, Products and Services, Strategy and Financial Analysis

31. Natural Gas Fired Electricity Generation Market Other Major And Innovative Companies

31.1. NRG Energy Inc.

31.2. Duke Energy Corp.

31.3. Nextera Energy Inc.

31.4. Exelon Corp.

31.5. Dominion Energy Inc.

31.6. S.N.G.N Romgaz S.A

31.7. China Resources Holdings Co. Ltd.

31.8. CLP Holdings Limited

31.9. Sembcorp Industries Ltd.

31.10. Centrais Eletricas Brasileiras SA

31.11. Snam S.p.A

31.12. Kawasaki Heavy Industries Ltd.

31.13. Central Puerto S.A.

31.14. Calpine Corporation

31.15. Mesa Natural Gas Solutions LLC

32. Global Natural Gas Fired Electricity Generation Market Competitive Benchmarking And Dashboard

33. Key Mergers And Acquisitions In The Natural Gas Fired Electricity Generation Market

34. Recent Developments In The Natural Gas Fired Electricity Generation Market

35. Natural Gas Fired Electricity Generation Market High Potential Countries, Segments and Strategies

35.1 Natural Gas Fired Electricity Generation Market In 2029 - Countries Offering Most New Opportunities

35.2 Natural Gas Fired Electricity Generation Market In 2029 - Segments Offering Most New Opportunities

35.3 Natural Gas Fired Electricity Generation Market In 2029 - Growth Strategies

35.3.1 Market Trend Based Strategies

35.3.2 Competitor Strategies

36. Appendix

36.1. Abbreviations

36.2. Currencies

36.3. Historic And Forecast Inflation Rates

36.4. Research Inquiries

36.5. The Business Research Company

36.6. Copyright And Disclaimer

List Of Tables

Table 1: Global Historic Market Growth, 2019-2024, $ Billion

Table 2: Global Forecast Market Growth, 2024-2029F, 2034F, $ Billion

Table 3: Global Natural Gas Fired Electricity Generation Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 4: Global Natural Gas Fired Electricity Generation Market, Segmentation By Power Output, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 5: Global Natural Gas Fired Electricity Generation Market, Segmentation By Fuel Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 6: Global Natural Gas Fired Electricity Generation Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 7: Global Natural Gas Fired Electricity Generation Market, Segmentation By End-Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 8: Global Natural Gas Fired Electricity Generation Market, Sub-Segmentation Of Combined Cycle, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 9: Global Natural Gas Fired Electricity Generation Market, Sub-Segmentation Of Open Cycle, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 10: Global Natural Gas Fired Electricity Generation Market, Sub-Segmentation Of Cogeneration, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 11: Global Natural Gas Fired Electricity Generation Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 12: Global Natural Gas Fired Electricity Generation Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 13: Asia-Pacific, Natural Gas Fired Electricity Generation Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 14: Asia-Pacific, Natural Gas Fired Electricity Generation Market, Segmentation By Power Output, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 15: Asia-Pacific, Natural Gas Fired Electricity Generation Market, Segmentation By Fuel Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 16: China, Natural Gas Fired Electricity Generation Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 17: China, Natural Gas Fired Electricity Generation Market, Segmentation By Power Output, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 18: China, Natural Gas Fired Electricity Generation Market, Segmentation By Fuel Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 19: India, Natural Gas Fired Electricity Generation Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 20: India, Natural Gas Fired Electricity Generation Market, Segmentation By Power Output, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 21: India, Natural Gas Fired Electricity Generation Market, Segmentation By Fuel Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 22: Japan, Natural Gas Fired Electricity Generation Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 23: Japan, Natural Gas Fired Electricity Generation Market, Segmentation By Power Output, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 24: Japan, Natural Gas Fired Electricity Generation Market, Segmentation By Fuel Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 25: Australia, Natural Gas Fired Electricity Generation Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 26: Australia, Natural Gas Fired Electricity Generation Market, Segmentation By Power Output, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 27: Australia, Natural Gas Fired Electricity Generation Market, Segmentation By Fuel Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 28: Indonesia, Natural Gas Fired Electricity Generation Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 29: Indonesia, Natural Gas Fired Electricity Generation Market, Segmentation By Power Output, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 30: Indonesia, Natural Gas Fired Electricity Generation Market, Segmentation By Fuel Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 31: South Korea, Natural Gas Fired Electricity Generation Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 32: South Korea, Natural Gas Fired Electricity Generation Market, Segmentation By Power Output, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 33: South Korea, Natural Gas Fired Electricity Generation Market, Segmentation By Fuel Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 34: Western Europe, Natural Gas Fired Electricity Generation Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 35: Western Europe, Natural Gas Fired Electricity Generation Market, Segmentation By Power Output, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 36: Western Europe, Natural Gas Fired Electricity Generation Market, Segmentation By Fuel Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 37: UK, Natural Gas Fired Electricity Generation Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 38: UK, Natural Gas Fired Electricity Generation Market, Segmentation By Power Output, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 39: UK, Natural Gas Fired Electricity Generation Market, Segmentation By Fuel Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 40: Germany, Natural Gas Fired Electricity Generation Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 41: Germany, Natural Gas Fired Electricity Generation Market, Segmentation By Power Output, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 42: Germany, Natural Gas Fired Electricity Generation Market, Segmentation By Fuel Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 43: France, Natural Gas Fired Electricity Generation Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 44: France, Natural Gas Fired Electricity Generation Market, Segmentation By Power Output, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 45: France, Natural Gas Fired Electricity Generation Market, Segmentation By Fuel Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 46: Italy, Natural Gas Fired Electricity Generation Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 47: Italy, Natural Gas Fired Electricity Generation Market, Segmentation By Power Output, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 48: Italy, Natural Gas Fired Electricity Generation Market, Segmentation By Fuel Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 49: Spain, Natural Gas Fired Electricity Generation Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 50: Spain, Natural Gas Fired Electricity Generation Market, Segmentation By Power Output, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 51: Spain, Natural Gas Fired Electricity Generation Market, Segmentation By Fuel Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 52: Eastern Europe, Natural Gas Fired Electricity Generation Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 53: Eastern Europe, Natural Gas Fired Electricity Generation Market, Segmentation By Power Output, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 54: Eastern Europe, Natural Gas Fired Electricity Generation Market, Segmentation By Fuel Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 55: Russia, Natural Gas Fired Electricity Generation Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 56: Russia, Natural Gas Fired Electricity Generation Market, Segmentation By Power Output, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 57: Russia, Natural Gas Fired Electricity Generation Market, Segmentation By Fuel Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 58: North America, Natural Gas Fired Electricity Generation Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 59: North America, Natural Gas Fired Electricity Generation Market, Segmentation By Power Output, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 60: North America, Natural Gas Fired Electricity Generation Market, Segmentation By Fuel Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 61: USA, Natural Gas Fired Electricity Generation Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 62: USA, Natural Gas Fired Electricity Generation Market, Segmentation By Power Output, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 63: USA, Natural Gas Fired Electricity Generation Market, Segmentation By Fuel Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 64: Canada, Natural Gas Fired Electricity Generation Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 65: Canada, Natural Gas Fired Electricity Generation Market, Segmentation By Power Output, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 66: Canada, Natural Gas Fired Electricity Generation Market, Segmentation By Fuel Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 67: South America, Natural Gas Fired Electricity Generation Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 68: South America, Natural Gas Fired Electricity Generation Market, Segmentation By Power Output, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 69: South America, Natural Gas Fired Electricity Generation Market, Segmentation By Fuel Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 70: Brazil, Natural Gas Fired Electricity Generation Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 71: Brazil, Natural Gas Fired Electricity Generation Market, Segmentation By Power Output, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 72: Brazil, Natural Gas Fired Electricity Generation Market, Segmentation By Fuel Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 73: Middle East, Natural Gas Fired Electricity Generation Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 74: Middle East, Natural Gas Fired Electricity Generation Market, Segmentation By Power Output, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 75: Middle East, Natural Gas Fired Electricity Generation Market, Segmentation By Fuel Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 76: Africa, Natural Gas Fired Electricity Generation Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 77: Africa, Natural Gas Fired Electricity Generation Market, Segmentation By Power Output, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 78: Africa, Natural Gas Fired Electricity Generation Market, Segmentation By Fuel Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 79: TotalEnergies SE Financial Performance

Table 80: Petróleo Brasileiro S.A. Financial Performance

Table 81: Iberdrola SA Financial Performance

Table 82: RWE AG Financial Performance

Table 83: Siemens Energy AG Financial Performance

List Of Figures

Figure 1: Global Historic Market Growth, 2019-2024, $ Billion

Figure 2: Global Forecast Market Growth, 2024-2029F, 2034F, $ Billion

Figure 3: Global Natural Gas Fired Electricity Generation Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 4: Global Natural Gas Fired Electricity Generation Market, Segmentation By Power Output, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 5: Global Natural Gas Fired Electricity Generation Market, Segmentation By Fuel Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 6: Global Natural Gas Fired Electricity Generation Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 7: Global Natural Gas Fired Electricity Generation Market, Segmentation By End-Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 8: Global Natural Gas Fired Electricity Generation Market, Sub-Segmentation Of Combined Cycle, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 9: Global Natural Gas Fired Electricity Generation Market, Sub-Segmentation Of Open Cycle, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 10: Global Natural Gas Fired Electricity Generation Market, Sub-Segmentation Of Cogeneration, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 11: Global Natural Gas Fired Electricity Generation Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 12: Global Natural Gas Fired Electricity Generation Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 13: Asia-Pacific, Natural Gas Fired Electricity Generation Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 14: Asia-Pacific, Natural Gas Fired Electricity Generation Market, Segmentation By Power Output, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 15: Asia-Pacific, Natural Gas Fired Electricity Generation Market, Segmentation By Fuel Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 16: China, Natural Gas Fired Electricity Generation Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 17: China, Natural Gas Fired Electricity Generation Market, Segmentation By Power Output, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 18: China, Natural Gas Fired Electricity Generation Market, Segmentation By Fuel Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 19: India, Natural Gas Fired Electricity Generation Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 20: India, Natural Gas Fired Electricity Generation Market, Segmentation By Power Output, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 21: India, Natural Gas Fired Electricity Generation Market, Segmentation By Fuel Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 22: Japan, Natural Gas Fired Electricity Generation Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 23: Japan, Natural Gas Fired Electricity Generation Market, Segmentation By Power Output, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 24: Japan, Natural Gas Fired Electricity Generation Market, Segmentation By Fuel Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 25: Australia, Natural Gas Fired Electricity Generation Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 26: Australia, Natural Gas Fired Electricity Generation Market, Segmentation By Power Output, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 27: Australia, Natural Gas Fired Electricity Generation Market, Segmentation By Fuel Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 28: Indonesia, Natural Gas Fired Electricity Generation Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 29: Indonesia, Natural Gas Fired Electricity Generation Market, Segmentation By Power Output, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 30: Indonesia, Natural Gas Fired Electricity Generation Market, Segmentation By Fuel Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 31: South Korea, Natural Gas Fired Electricity Generation Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 32: South Korea, Natural Gas Fired Electricity Generation Market, Segmentation By Power Output, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 33: South Korea, Natural Gas Fired Electricity Generation Market, Segmentation By Fuel Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 34: Western Europe, Natural Gas Fired Electricity Generation Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 35: Western Europe, Natural Gas Fired Electricity Generation Market, Segmentation By Power Output, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 36: Western Europe, Natural Gas Fired Electricity Generation Market, Segmentation By Fuel Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 37: UK, Natural Gas Fired Electricity Generation Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 38: UK, Natural Gas Fired Electricity Generation Market, Segmentation By Power Output, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 39: UK, Natural Gas Fired Electricity Generation Market, Segmentation By Fuel Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 40: Germany, Natural Gas Fired Electricity Generation Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 41: Germany, Natural Gas Fired Electricity Generation Market, Segmentation By Power Output, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 42: Germany, Natural Gas Fired Electricity Generation Market, Segmentation By Fuel Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 43: France, Natural Gas Fired Electricity Generation Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 44: France, Natural Gas Fired Electricity Generation Market, Segmentation By Power Output, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 45: France, Natural Gas Fired Electricity Generation Market, Segmentation By Fuel Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 46: Italy, Natural Gas Fired Electricity Generation Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 47: Italy, Natural Gas Fired Electricity Generation Market, Segmentation By Power Output, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 48: Italy, Natural Gas Fired Electricity Generation Market, Segmentation By Fuel Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 49: Spain, Natural Gas Fired Electricity Generation Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 50: Spain, Natural Gas Fired Electricity Generation Market, Segmentation By Power Output, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 51: Spain, Natural Gas Fired Electricity Generation Market, Segmentation By Fuel Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 52: Eastern Europe, Natural Gas Fired Electricity Generation Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 53: Eastern Europe, Natural Gas Fired Electricity Generation Market, Segmentation By Power Output, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 54: Eastern Europe, Natural Gas Fired Electricity Generation Market, Segmentation By Fuel Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 55: Russia, Natural Gas Fired Electricity Generation Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 56: Russia, Natural Gas Fired Electricity Generation Market, Segmentation By Power Output, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 57: Russia, Natural Gas Fired Electricity Generation Market, Segmentation By Fuel Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 58: North America, Natural Gas Fired Electricity Generation Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 59: North America, Natural Gas Fired Electricity Generation Market, Segmentation By Power Output, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 60: North America, Natural Gas Fired Electricity Generation Market, Segmentation By Fuel Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 61: USA, Natural Gas Fired Electricity Generation Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 62: USA, Natural Gas Fired Electricity Generation Market, Segmentation By Power Output, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 63: USA, Natural Gas Fired Electricity Generation Market, Segmentation By Fuel Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 64: Canada, Natural Gas Fired Electricity Generation Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 65: Canada, Natural Gas Fired Electricity Generation Market, Segmentation By Power Output, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 66: Canada, Natural Gas Fired Electricity Generation Market, Segmentation By Fuel Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 67: South America, Natural Gas Fired Electricity Generation Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 68: South America, Natural Gas Fired Electricity Generation Market, Segmentation By Power Output, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 69: South America, Natural Gas Fired Electricity Generation Market, Segmentation By Fuel Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 70: Brazil, Natural Gas Fired Electricity Generation Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 71: Brazil, Natural Gas Fired Electricity Generation Market, Segmentation By Power Output, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 72: Brazil, Natural Gas Fired Electricity Generation Market, Segmentation By Fuel Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 73: Middle East, Natural Gas Fired Electricity Generation Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 74: Middle East, Natural Gas Fired Electricity Generation Market, Segmentation By Power Output, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 75: Middle East, Natural Gas Fired Electricity Generation Market, Segmentation By Fuel Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 76: Africa, Natural Gas Fired Electricity Generation Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 77: Africa, Natural Gas Fired Electricity Generation Market, Segmentation By Power Output, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 78: Africa, Natural Gas Fired Electricity Generation Market, Segmentation By Fuel Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 79: TotalEnergies SE Financial Performance

Figure 80: Petróleo Brasileiro S.A. Financial Performance

Figure 81: Iberdrola SA Financial Performance

Figure 82: RWE AG Financial Performance

Figure 83: Siemens Energy AG Financial Performance

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Frequently Asked Questions

What is the definition of the Natural Gas Fired Electricity Generation market?

How will the Natural Gas Fired Electricity Generation market drivers and restraints affect the market dynamics? What forces will shape the Natural Gas Fired Electricity Generation industry going forward?

The Natural Gas Fired Electricity Generation market major growth driver - Increasing Demand For Cleaner Energy Sources Fueling The Growth Of The Market Due To Rising Environmental Concerns And The Need For Low-Emission Alternatives. For further insights on the Natural Gas Fired Electricity Generation market, request a sample here

What is the forecast market size or the forecast market value of the Natural Gas Fired Electricity Generation market?

The Natural Gas Fired Electricity Generation market size has grown strongly in recent years. The natural gas fired electricity generation market size has grown strongly in recent years. It will grow from $46.78 billion in 2024 to $49.83 billion in 2025 at a compound annual growth rate (CAGR) of 6.5%. The growth in the historic period can be attributed to increasing availability of shale gas reserves, rising efficiency of combined-cycle gas turbines, increasing investments in domestic natural gas infrastructure, rising energy demand during peak periods, and increasing demand for cleaner energy sources. The natural gas fired electricity generation market size is expected to see strong growth in the next few years. It will grow to $63.58 billion in 2029 at a compound annual growth rate (CAGR) of 6.3%. The growth in the forecast period can be attributed to growing demand for flexible and peaking power plants, growing integration of renewable energy requiring backup power, rising demand for grid stability, increasing carbon pricing and emission trading schemes, and growing reliability of natural gas supply chains. Major trends in the forecast period include technology upgrades in turbine materials, developing modular gas power units, developing artificial intelligence-based predictive maintenance, integrating energy storage systems, and innovating emissions monitoring and controls. For further insights on the Natural Gas Fired Electricity Generation market, request a sample here

How is the Natural Gas Fired Electricity Generation market segmented?

The natural gas fired electricity generation market covered in this report is segmented –
1) By Technology: Combined Cycle, Open Cycle, Cogeneration
2) By Power Output: Less Than 100 MW, 100-500 MW, 500-1000 MW, Above 1000 MW
3) By Fuel Source: Conventional Natural Gas, Liquefied Natural Gas, Compressed Natural Gas, Biogas
4) By Application: Base Load Generation, Peak Load Generation, Mid Load Generation, Backup Power Generation
5) By End-Use: Residential, Commercial, Industrial

Subsegments:
1) By Combined Cycle: Single-Shaft Combined Cycle, Multi-Shaft Combined Cycle, Combined Heat And Power (CHP) Combined Cycle, Advanced Combined Cycle With H-Class Turbines
2) By Open Cycle: Simple Gas Turbine (SGT), Aeroderivative Gas Turbine, Heavy-Duty Gas Turbine
3) By Cogeneration: Industrial Cogeneration, District Heating With Combined Heat And Power, Residential Micro-Combined Heat And Power, Trigeneration For further insights on the Natural Gas Fired Electricity Generation market, request a sample here

Which region has the largest share of the Natural Gas Fired Electricity Generation market? What are the other regions covered in the report?

Who are the major players in the Natural Gas Fired Electricity Generation market?

What are the key trends in the Natural Gas Fired Electricity Generation market?

Major trends in the Natural Gas Fired Electricity Generation market include Innovative Power Solutions Aim To Cut Emissions And Fuel Use. For further insights on the Natural Gas Fired Electricity Generation market, request a sample here.

What are the major opportunities in the Natural Gas Fired Electricity Generation market? What are the strategies for the Natural Gas Fired Electricity Generation market?

For detailed insights on the major opportunities and strategies in the Natural Gas Fired Electricity Generation market, request a sample here.

How does the Natural Gas Fired Electricity Generation market relate to the overall economy and other similar markets?

For detailed insights on Natural Gas Fired Electricity Generation's relation to the overall economy and other similar markets, request a sample here.

What are the latest mergers and acquisitions in the Natural Gas Fired Electricity Generation industry?

For detailed insights on the mergers and acquisitions in the Natural Gas Fired Electricity Generation industry, request a sample here.

What are the key dynamics influencing the Natural Gas Fired Electricity Generation market growth? SWOT analysis of the Natural Gas Fired Electricity Generation market.

For detailed insights on the key dynamics influencing the Natural Gas Fired Electricity Generation market growth and SWOT analysis of the Natural Gas Fired Electricity Generation industry, request a sample here.

Natural Gas Fired Electricity Generation Global Market Report 2025

Natural Gas Fired Electricity Generation Global Market Report 2025

Market Insights

Related Reports

What Is Covered Under Natural Gas Fired Electricity Generation Market?

What Is The Natural Gas Fired Electricity Generation Market Size 2025 And Growth Rate?

What Is The Natural Gas Fired Electricity Generation Market Growth Forecast?

How Is The Natural Gas Fired Electricity Generation Market Segmented?

What Is Driving The Natural Gas Fired Electricity Generation Market? Increasing Demand For Cleaner Energy Sources Fueling The Growth Of The Market Due To Rising Environmental Concerns And The Need For Low-Emission Alternatives

Who Are The Major Players In The Global Natural Gas Fired Electricity Generation Market?

What Are The Key Trends Of The Global Natural Gas Fired Electricity Generation Market? Innovative Power Solutions Aim To Cut Emissions And Fuel Use

What Are Latest Mergers And Acquisitions In The Natural Gas Fired Electricity Generation Market? Shell Expands Energy Portfolio With Rise Power Plant Acquisition

What Is The Regional Outlook For The Global Natural Gas Fired Electricity Generation Market?

What Defines the Natural Gas Fired Electricity Generation Market?

How is Market Value Defined and Measured?

What is the Market Assessment and Strategic Outlook for the Natural Gas Fired Electricity Generation Industry?

Table Of Contents

List Of Tables

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