- Report
- January 2025
- 86 Pages
United States
From €3346EUR$3,500USD£2,801GBP
- Report
- February 2025
- 200 Pages
Global
From €4293EUR$4,490USD£3,593GBP
- Report
- September 2024
- 173 Pages
Global
From €4302EUR$4,500USD£3,601GBP
- Report
- September 2024
- 181 Pages
Global
From €4302EUR$4,500USD£3,601GBP
- Report
- February 2025
- 86 Pages
Saudi Arabia
From €3346EUR$3,500USD£2,801GBP
- Report
- November 2023
- 182 Pages
Global
From €4302EUR$4,500USD£3,601GBP
- Report
- March 2023
- 250 Pages
Global
From €4293EUR$4,490USD£3,593GBP
The LNG engine market pertains to the development, manufacture, and sale of engines designed to operate using liquefied natural gas as a fuel source. LNG engines are a popular choice for various modes of transportation, including maritime shipping, heavy-duty road vehicles, and rail locomotives, due to their environmental benefits over conventional diesel engines, such as reduced emissions of nitrogen oxides, particulate matter, and greenhouse gases. The market for these engines is driven by increasing demand for cleaner transportation options, stricter emission regulations, and the widespread availability of natural gas. Technological advancements have led to improvements in engine efficiency, reliability, and performance, making LNG a more viable and attractive option for transportation companies and manufacturers.
Key players in the LNG engine market include:
- Westport Fuel Systems, a company specializing in clean energy technology for automotive applications, including LNG-powered engines.
- Cummins Inc., a multinational corporation that designs, manufactures, and distributes engines, including those that run on LNG.
- Wärtsilä Corporation, a Finnish corporation manufacturing and servicing power sources and other equipment in the marine and energy markets, with a portfolio of LNG engines.
- General Electric, through its transportation subsidiary, which offers LNG engines for various applications, including marine and rail.
- Caterpillar Inc., which provides LNG engines for marine, rail, and energy sector purposes, through its subsidiary, Caterpillar Motoren GmbH & Co. KG.
These and other companies actively contribute to the evolving LNG engine market through ongoing research and Show Less Read more