Gas Engine Market By Fuel Type (Natural gas,Others), By Power Rating (0.5–1 MW, 1–2 MW, 2–5 MW, 5–10 MW, Above 10 MW), By Application (Oil & gas, Manufacturing, Utilities, Automotive), Industry Trends, Estimation & Forecast, 2017 - 2025

August 2018

 Pages: 198

 ERC 8216


Gas Engine Market is expected to grow with a CAGR of xx% during the forecast period of 2018 to 2025.

The gas engine market has been gaining market share at the expense of the ones that run on diesel and petrol, owing to the increasing awareness towards environmental sustainability and rising demand for natural gas and similar other sources as fuel. Moreover, as the adoption of innovative fuel sources such as bio gas and similar others would increase, the demand for gas engines would rise at a healthy pace. Though Europe gas engine market holds a significant share over the North American region, the U.S. gas engine market is relatively mature and stable. The country has notable penetration of gas engines in the power industry and manufacturing verticals. Moreover, more than 75% of the cars and light commercial vehicles in the country are gasoline driven. The Asia Pacific region could emerge to be highly potential in coming future, however, considering the present market scenario, the penetration of gas engines is relatively very low. In countries such as India and even China, gas engine’s penetration is marginal in the manufacturing industry.

The report provides detailed qualitative and quantitative analysis of gas engine market. Market size and forecast in terms of production, consumption as well as revenue has been provided for the period - (2014 - 2025), for the segments namely fuel type, power rating, and application in each of the major countries across North America, Europe, Asia Pacific and Rest of the world. Market has been analyzed from the demand as well as supply side in order to provide deeper level insights.

Gas Engine Market Player Analysis

The report presents detailed analysis of major players operating in gas engine market. Few of them include Caterpillar Inc., Cummins Inc., Siemens AG, Rolls-Royce Holdings Plc, Wartsila Oyj Abp, Mitsubishi Heavy Industries Ltd., Hyundai Heavy Industries Co Ltd, Man SE, General Electric Company, Kawasaki Heavy Industries, Ltd., JFE Engineering Corporation and Liebherr Group. A detailed coverage on these market players with information on their revenue from gas engine business, market share, gross margin and their portfolio has been provided in the report.

Market Segmentation

Gas engine market is segmented on the basis of fuel type, power rating, application and geography. By power rating, the market categorization are - 0.5–1 MW, 1–2 MW, 2–5 MW, 5–10 MW and above 10 MW. Application-wise, the market is segregated into oil & gas, manufacturing, utilities, automotive and others. Geographical coverage has been provided for each of the major regions including North America, Europe, Asia-Pacific, and Rest of the World. Each of the major countries have been covered in terms of gas engine production, consumption and revenue.

Gas Engine Market Segmentation

By Fuel Type
   • Natural gas
   • Others

By Power Rating
   • 0.5–1 MW
   • 1–2 MW
   • 2–5 MW
   • 5–10 MW
   • Above 10 MW

By Application
   • Oil & gas
   • Manufacturing
   • Utilities
   • Automotive
   • Others

By Geography
   • North America
            o U.S.
            o Canada
            o Mexico
   • Europe
            o U.K.
            o France
            o Germany
            o Italy
            o Spain
            o Rest of Europe
   • Asia-Pacific
            o China
            o Japan
            o India
            o Korea
            o Rest of APAC
   • South America
            o Brazil
            o Rest of South America
   • Rest of the World
            o Middle East
            o Africa

Gas Engine Key Market Players

• Caterpillar Inc.
• Cummins Inc.
• Siemens AG
• Rolls-Royce Holdings Plc
• Wartsila Oyj Abp
• Mitsubishi Heavy Industries Ltd.
• Hyundai Heavy Industries Co Ltd
• Man SE
• General Electric Company
• Kawasaki Heavy Industries, Ltd.
• JFE Engineering Corporation
• Liebherr Group

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    What Information does this report contain?

    • What was the market size of the Gas Engine Market in 2017 and the expected market size by 2025, along with the growth rate?
    • An in-depth analysis of the current impacting factors, opportunities and challenges/restraints in the market
    • Which are the largest revenue generating products, services or regions and their comparative growth rate?
    • Which technology is in trend and how would it evolve during the forecast period (2017 - 2025)?
    • Which are the leading companies in the Gas Engine Market and their competitive positioning basis their market share, product portfolio, strategic attempts and business focus?

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