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The dual fuel engine market is forecasted to grow by USD 3.09 bn during 2023-2028, accelerating at a CAGR of 14.51% during the forecast period. The report on the dual fuel engine market 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 regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increase in adoption of cleaner technologies, increase in demand for dual-fuel engines in generation of electricity, and gradual conversion of conventional engines to dual-fuel engines.
The dual fuel engine market is segmented as below:
By End-user
- Marine industry
- Power generation industry
By Type
- Two-stroke
- Four-stroke
By Geographical Landscape
- North America
- Europe
- APAC
- South America
- Middle East and Africa
The report on the dual fuel engine market covers the following areas:
- Dual fuel engine market sizing
- Dual fuel engine market forecast
- Dual fuel 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 End-user
7 Market Segmentation by Type
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
List of Exhibits
Executive Summary
The publisher recognizes the following companies as the key players in the global dual fuel engine market: Anglo Belgian Corp., Cummins Inc., Heinzmann GmbH and Co. KG, Kubota Corp., Volkswagen AG, Wartsila Corp., Woodward Inc., Yanmar Holdings Co. Ltd., Winterthur Gas and Diesel Ltd., Hyundai Motor Co., China Yuchai International Ltd., Daihatsu Diesel Mfg. Co. Ltd., Kawasaki Heavy Industries Ltd., Westport Fuel Systems Inc., and Caterpillar Inc..Commenting on the report, an analyst from the research team said: 'The latest trend gaining momentum in the market is increased oem collaboration to study dual-fuel engine technology for automobiles.'
According to the report, one of the major drivers for this market is the increase in adoption of cleaner technologies.
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:
- Anglo Belgian Corp.
- Cummins Inc.
- Heinzmann GmbH and Co. KG
- Kubota Corp.
- Volkswagen AG
- Wartsila Corp.
- Woodward Inc.
- Yanmar Holdings Co. Ltd.
- Winterthur Gas and Diesel Ltd.
- Hyundai Motor Co.
- China Yuchai International Ltd.
- Daihatsu Diesel Mfg. Co. Ltd.
- Kawasaki Heavy Industries Ltd.
- Westport Fuel Systems Inc.
- Caterpillar Inc.
