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Technavio has been monitoring the gas engine market in North America and it is poised to grow by $ 468.61 million during 2022-2026, accelerating at a CAGR of 5.6% during the forecast period. The report on the gas engine market in North America provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis of the current regional market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing demand for efficient heat and power generation in North America, abundant availability of natural gas in North America, and a reduction in prices of natural gas.
The gas engine market in North America analysis includes the application and end-user segments.
The gas engine market in North America is segmented as below:
By Application
- Power generation
- Co-generation
- Others
By End-user
- Power
- Industrial
- Residential
- Commercial
The report on the gas engine market in North America covers the following areas:
- Gas engine market sizing
- Gas engine market forecast
- Gas engine market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Application
7 Market Segmentation by End-user
8 Customer Landscape
9 Drivers, Challenges, and Opportunity/Restraints
10 Competitive Landscape
11 Competitive Analysis
12 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the gas engine market in North America: Caterpillar Inc., China National Petroleum Corp., China Yuchai International Ltd., Cummins Inc., DEUTZ AG, Fairbanks Morse LLC, HD Hyundai Co.Ltd., IHI Corp., INNIO Jenbacher GmbH and Co. OG, JFE Engineering Corp., Kawasaki Heavy Industries Ltd., Kohler Co., Liebherr International AG, MAN Energy Solutions SE, Mitsubishi Heavy Industries Ltd., R Schmitt Enertec GmbH, Rolls Royce Holdings Plc, Siemens AG, Westport Fuel Systems Inc., and Yanmar Holdings Co. Ltd.Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is shift from conventional coal-fired to gas-fired power plants."
According to the report, one of the major drivers for this market is the increasing demand for efficient heat and power generation in North America.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Caterpillar Inc.
- China National Petroleum Corp.
- China Yuchai International Ltd.
- Cummins Inc.
- DEUTZ AG
- Fairbanks Morse LLC
- HD Hyundai Co. Ltd.
- IHI Corp.
- INNIO Jenbacher GmbH and Co. OG
- JFE Engineering Corp.
- Kawasaki Heavy Industries Ltd.
- Kohler Co.
- Liebherr International AG
- MAN Energy Solutions SE
- Mitsubishi Heavy Industries Ltd.
- R Schmitt Enertec GmbH
- Rolls Royce Holdings Plc
- Siemens AG
- Westport Fuel Systems Inc.
- Yanmar Holdings Co. Ltd.
