Gas Engines Market Size and Share Analysis by Product, Power Output, Application, End User

Description

Market Overview

As stated by a report by P&S Intelligence, the gas engines market value will grow at a rate of 4% till the end of this decade to touch USD 6,334.7 million by 2030.

As economies shift in the direction of renewable energy and other conventional but clean energy solutions, natural gas is extensively put to use as a temporary fuel, for meeting energy requirements.

Power plants powered by natural gas are low-cost and easy to construct. Compared to oil and coal-fired plants, they make negligible CO, CO2, SO2, and NOx.

Hence, when natural gas is used over coal, the air quality improves. Moreover, these amenities have higher thermodynamical efficiencies. Consequently, the requirement for all gaseous fuels, for example landfill gas, biogas, and natural gas, has gone up.

Principally, the increasing requirement for electricity in both commercial and residential settings will power the industry, by the end of this decade.

Key Insights

The above 15 MW category will have the highest growth rate, of about 5%, over this decade. Marine sector and utilities make use of above-15-MW engines. By delivering a reliable and cleaner substitute to engines powered by coal and diesel, those consuming natural gas are crucial in supporting major economies in advancing a more environment-friendly system.

The mechanical drive category will grow the fastest, with a rate of 4%.

Gas engines are employed for directly running mechanical equipment, such as compressors, pumps, chillers, blowers, and other rotating apparatus. This is the reason the oil & gas and manufacturing industries use them widely. Within the oil & gas sector, chiefly LNG plants, gas engines power compressors throughout the gas gathering, dispensing, and transporting processes.

The power generation category is the market leader. Gas-based engines are important in the generation of power, as LPG, CNG and biogas are increasingly put to use in the powering of the turbines. The considerable increase in the electricity requirement because of the growing populace and load shedding is powering the industry.

Furthermore, the growing funding by governments in power generation an emphasis on the expansion of the related infrastructure is powering the requirement for these kinds of energy conversion systems.

The translation of coal-based plants to gas-based ones, under the initiatives for replacing the old power generation infrastructure, and the increasing requirement for efficient and clean fuels are powering the expansion of the APAC.

Europe will grow the fastest because of the rising requirement for gas-based engines in industries.

Furthermore, Europe is a prime biogas producer, which is why the technological progressions in gas engines will bring new opportunities.

Product Code: 10861

Chapter 1. Research Scope

1.1. Research Objectives
1.2. Market Definition
1.3. Analysis Period
1.4. Market Size Breakdown by Segments
- 1.4.1. Market size breakdown, by product
- 1.4.2. Market size breakdown, by power output
- 1.4.3. Market size breakdown, by application
- 1.4.4. Market size breakdown, by end user
- 1.4.5. Market size breakdown, by region
- 1.4.6. Market size breakdown, by country
1.5. Market Data Reporting Unit
- 1.5.1. Value
1.6. Key Stakeholders

Chapter 2. Research Methodology

2.1. Secondary Research
- 2.1.1. Paid
- 2.1.2. Unpaid
- 2.1.3. P&S Intelligence database
2.2. Primary Research
2.3. Market Size Estimation
2.4. Data Triangulation
2.5. Currency Conversion Rates
2.6. Assumptions for the Study
2.7. Notes and Caveats

Chapter 3. Executive Summary

Chapter 4. Market Indicators

Chapter 5. Industry Outlook

5.1. Market Dynamics
- 5.1.1. Trends
- 5.1.2. Drivers
- 5.1.3. Restraints/challenges
- 5.1.4. Impact analysis of drivers/restraints
5.2. Impact of COVID-19
5.3. Porter's Five Forces Analysis
- 5.3.1. Bargaining power of buyers
- 5.3.2. Bargaining power of suppliers
- 5.3.3. Threat of new entrants
- 5.3.4. Intensity of rivalry
- 5.3.5. Threat of substitutes

Chapter 6. Global Market

6.1. Overview
6.2. Market Revenue, by Product (2019-2030)
6.3. Market Revenue, by Power Output (2019-2030)
6.4. Market Volume, by Application (2019-2030)
6.5. Market Revenue, by End User (2019-2030)
6.6. Market Revenue, by Region (2019-2030)

Chapter 7. North America Market

7.1. Overview
7.2. Market Revenue, by Product (2019-2030)
7.3. Market Revenue, by Power Output (2019-2030)
7.4. Market Volume, by Application (2019-2030)
7.5. Market Revenue, by End User (2019-2030)
7.6. Market Revenue, by Country (2019-2030)

Chapter 8. Europe Market

8.1. Overview
8.2. Market Revenue, by Product (2019-2030)
8.3. Market Revenue, by Power Output (2019-2030)
8.4. Market Volume, by Application (2019-2030)
8.5. Market Revenue, by End User (2019-2030)
8.6. Market Revenue, by Country (2019-2030)

Chapter 9. APAC Market

9.1. Overview
9.2. Market Revenue, by Product (2019-2030)
9.3. Market Revenue, by Power Output (2019-2030)
9.4. Market Volume, by Application (2019-2030)
9.5. Market Revenue, by End User (2019-2030)
9.6. Market Revenue, by Country (2019-2030)

Chapter 10. LATAM Market

10.1. Overview
10.2. Market Revenue, by Product (2019-2030)
10.3. Market Revenue, by Power Output (2019-2030)
10.4. Market Volume, by Application (2019-2030)
10.5. Market Revenue, by End User (2019-2030)
10.6. Market Revenue, by Country (2019-2030)

Chapter 11. MEA Market

11.1. Overview
11.2. Market Revenue, by Product (2019-2030)
11.3. Market Revenue, by Power Output (2019-2030)
11.4. Market Volume, by Application (2019-2030)
11.5. Market Revenue, by End User (2019-2030)
11.6. Market Revenue, by Country (2019-2030)

Chapter 12. U.S. Market

12.1. Overview
12.2. Market Revenue, by Product (2019-2030)
12.3. Market Revenue, by Power Output (2019-2030)
12.4. Market Volume, by Application (2019-2030)
12.5. Market Revenue, by End User (2019-2030)

Chapter 13. Canada Market

13.1. Overview
13.2. Market Revenue, by Product (2019-2030)
13.3. Market Revenue, by Power Output (2019-2030)
13.4. Market Volume, by Application (2019-2030)
13.5. Market Revenue, by End User (2019-2030)

Chapter 14. Germany Market

14.1. Overview
14.2. Market Revenue, by Product (2019-2030)
14.3. Market Revenue, by Power Output (2019-2030)
14.4. Market Volume, by Application (2019-2030)
14.5. Market Revenue, by End User (2019-2030)

Chapter 15. France Market

15.1. Overview
15.2. Market Revenue, by Product (2019-2030)
15.3. Market Revenue, by Power Output (2019-2030)
15.4. Market Volume, by Application (2019-2030)
15.5. Market Revenue, by End User (2019-2030)

Chapter 16. U.K. Market

16.1. Overview
16.2. Market Revenue, by Product (2019-2030)
16.3. Market Revenue, by Power Output (2019-2030)
16.4. Market Volume, by Application (2019-2030)
16.5. Market Revenue, by End User (2019-2030)

Chapter 17. Italy Market

17.1. Overview
17.2. Market Revenue, by Product (2019-2030)
17.3. Market Revenue, by Power Output (2019-2030)
17.4. Market Volume, by Application (2019-2030)
17.5. Market Revenue, by End User (2019-2030)

Chapter 18. Spain Market

18.1. Overview
18.2. Market Revenue, by Product (2019-2030)
18.3. Market Revenue, by Power Output (2019-2030)
18.4. Market Volume, by Application (2019-2030)
18.5. Market Revenue, by End User (2019-2030)

Chapter 19. Japan Market

19.1. Overview
19.2. Market Revenue, by Product (2019-2030)
19.3. Market Revenue, by Power Output (2019-2030)
19.4. Market Volume, by Application (2019-2030)
19.5. Market Revenue, by End User (2019-2030)

Chapter 20. China Market

20.1. Overview
20.2. Market Revenue, by Product (2019-2030)
20.3. Market Revenue, by Power Output (2019-2030)
20.4. Market Volume, by Application (2019-2030)
20.5. Market Revenue, by End User (2019-2030)

Chapter 21. India Market

21.1. Overview
21.2. Market Revenue, by Product (2019-2030)
21.3. Market Revenue, by Power Output (2019-2030)
21.4. Market Volume, by Application (2019-2030)
21.5. Market Revenue, by End User (2019-2030)

Chapter 22. Australia Market

22.1. Overview
22.2. Market Revenue, by Product (2019-2030)
22.3. Market Revenue, by Power Output (2019-2030)
22.4. Market Volume, by Application (2019-2030)
22.5. Market Revenue, by End User (2019-2030)

Chapter 23. South Korea Market

23.1. Overview
23.2. Market Revenue, by Product (2019-2030)
23.3. Market Revenue, by Power Output (2019-2030)
23.4. Market Volume, by Application (2019-2030)
23.5. Market Revenue, by End User (2019-2030)

Chapter 24. Brazil Market

24.1. Overview
24.2. Market Revenue, by Product (2019-2030)
24.3. Market Revenue, by Power Output (2019-2030)
24.4. Market Volume, by Application (2019-2030)
24.5. Market Revenue, by End User (2019-2030)

Chapter 25. Mexico Market

25.1. Overview
25.2. Market Revenue, by Product (2019-2030)
25.3. Market Revenue, by Power Output (2019-2030)
25.4. Market Volume, by Application (2019-2030)
25.5. Market Revenue, by End User (2019-2030)

Chapter 26. Saudi Arabia Market

26.1. Overview
26.2. Market Revenue, by Product (2019-2030)
26.3. Market Revenue, by Power Output (2019-2030)
26.4. Market Volume, by Application (2019-2030)
26.5. Market Revenue, by End User (2019-2030)

Chapter 27. South Africa Market

27.1. Overview
27.2. Market Revenue, by Product (2019-2030)
27.3. Market Revenue, by Power Output (2019-2030)
27.4. Market Volume, by Application (2019-2030)
27.5. Market Revenue, by End User (2019-2030)

Chapter 28. U.A.E. Market

28.1. Overview
28.2. Market Revenue, by Product (2019-2030)
28.3. Market Revenue, by Power Output (2019-2030)
28.4. Market Volume, by Application (2019-2030)
28.5. Market Revenue, by End User (2019-2030)

Chapter 29. Competitive Landscape

29.1. List of Market Players and their Offerings
29.2. Competitive Benchmarking of Key Players
29.3. Product Benchmarking of Key Players
29.4. Recent Strategic Developments

Chapter 30. Company Profiles

30.1. Caterpillar Inc.
- 30.1.1. Business overview
- 30.1.2. Product and service offerings
- 30.1.3. Key financial summary
30.2. Rolls-Royce plc
- 30.2.1. Business overview
- 30.2.2. Product and service offerings
- 30.2.3. Key financial summary
30.3. General Electric
- 30.3.1. Business overview
- 30.3.2. Product and service offerings
- 30.3.3. Key financial summary
30.4. Volkswagen (MAN Energy Solutions)
- 30.4.1. Business overview
- 30.4.2. Product and service offerings
- 30.4.3. Key financial summary
30.5. Siemens AG
- 30.5.1. Business overview
- 30.5.2. Product and service offerings
- 30.5.3. Key financial summary
30.6. Jenbacher
- 30.6.1. Business overview
- 30.6.2. Product and service offerings
- 30.6.3. Key financial summary
30.7. Cummins Inc.
- 30.7.1. Business overview
- 30.7.2. Product and service offerings
- 30.7.3. Key financial summary
30.8. Mitsubishi Heavy Industries Ltd.
- 30.8.1. Business overview
- 30.8.2. Product and service offerings
- 30.8.3. Key financial summary
30.9. Kawasaki Heavy Industries Ltd.
- 30.9.1. Business overview
- 30.9.2. Product and service offerings
- 30.9.3. Key financial summary
30.10. Ningbo C.S.I. Power & Machinery Group Co. Ltd.
- 30.10.1. Business overview
- 30.10.2. Product and service offerings
- 30.10.3. Key financial summary
30.11. IHI Power Systems
- 30.11.1. Business overview
- 30.11.2. Product and service offerings
- 30.11.3. Key financial summary
30.12. Hyundai Heavy Industries Co. Ltd.
- 30.12.1. Business overview
- 30.12.2. Product and service offerings
- 30.12.3. Key financial summary

Chapter 31. Appendix

31.1. Abbreviations
31.2. Sources and References
31.3. Related Reports

Gas Engines Market Size and Share Analysis by Product, Power Output, Application, End User - Global Industry Demand Forecast to 2030