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The gas engine market is forecast to grow by$ 2.48 billion during 2023-2028, accelerating at a CAGR of 6.77% during the forecast period. The report on the gas 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 expanding gas generator market, increase in electricity demand, and low emission levels of natural gas as compared with fossil fuels.
The gas engine market is segmented as below:
By Application
- Power generation
- Co-generation
- Others
By End-user
- Power
- Industrial
- Residential
- Commercial
By Geographical Landscape
- Europe
- North America
- APAC
- South America
- Middle East and Africa
The report on the gas engine market 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 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 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global gas engine market: Caterpillar Inc., Cummins Inc., DEUTZ AG, Guangxi Yuchai Machinery Group Co. Ltd., Hyundai Heavy Industries Group, INNIO Jenbacher GmbH and Co. OG, JFE Engineering Corp., Kawasaki Heavy Industries Ltd., Kohler Co., Liebherr International Deutschland GmbH, MAN Energy Solutions SE, Mitsubishi Heavy Industries Ltd., NGV Global Group, Rolls Royce Holdings Plc, Siemens Energy AG, Sinotruk Hong Kong Ltd., Volkswagen AG, Wartsila Corp., WeiChai Holding Group Co. Ltd., 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 emergence of dual-fuel engines."
According to the report, one of the major drivers for this market is the expanding gas generator market.
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.
- Cummins Inc.
- DEUTZ AG
- Guangxi Yuchai Machinery Group Co. Ltd.
- Hyundai Heavy Industries Group
- INNIO Jenbacher GmbH and Co. OG
- JFE Engineering Corp.
- Kawasaki Heavy Industries Ltd.
- Kohler Co.
- Liebherr International Deutschland GmbH
- MAN Energy Solutions SE
- Mitsubishi Heavy Industries Ltd.
- NGV Global Group
- Rolls Royce Holdings Plc
- Siemens Energy AG
- Sinotruk Hong Kong Ltd.
- Volkswagen AG
- Wartsila Corp.
- WeiChai Holding Group Co. Ltd.
- Yanmar Holdings Co. Ltd.
