
Gas Engine Market by Fuel (Natural Gas, Special Gas), Power Output (0.5 MW–1 MW, 1 MW–2 MW, 10 MW–20 MW), Application, End User - Global Forecast 2024-2030
Description
Gas Engine Market by Fuel (Natural Gas, Special Gas), Power Output (0.5 MW–1 MW, 1 MW–2 MW, 10 MW–20 MW), Application, End User - Global Forecast 2024-2030
The Gas Engine Market size was estimated at USD 4.44 billion in 2023 and expected to reach USD 4.71 billion in 2024, at a CAGR 6.29% to reach USD 6.80 billion by 2030.
FPNV Positioning Matrix
The FPNV Positioning Matrix is pivotal in evaluating the Gas Engine Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).
Market Share Analysis
The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Gas Engine Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.
Key Company Profiles
The report delves into recent significant developments in the Gas Engine Market, highlighting leading vendors and their innovative profiles. These include Caterpillar Inc., Cummins Inc., General Electric Company, Hyundai Heavy Industries Co., Ltd., IHI Corporation, INNIO Jenbacher GmbH & Co OG, JFE Holdings,Inc., Kawasaki Heavy Industries, Ltd., Liebherr Group, Mitsubishi Heavy Industries, Ltd., R Schmitt Enertec GmbH, Siemens AG, Volkswagen AG, Weichai Power Co.,Ltd., and Wärtsilä Corporation.
Market Segmentation & Coverage
This research report categorizes the Gas Engine Market to forecast the revenues and analyze trends in each of the following sub-markets:
Fuel
Natural Gas
Special Gas
Power Output
0.5 MW–1 MW
1 MW–2 MW
10 MW–20 MW
2 MW–5 MW
5 MW–10 MW
Application
Co-Generation
Power Generation
End User
Manufacturing
Oil & Gas
Utilities
Region
Americas
Argentina
Brazil
Canada
Mexico
United States
California
Florida
Illinois
New York
Ohio
Pennsylvania
Texas
Asia-Pacific
Australia
China
India
Indonesia
Japan
Malaysia
Philippines
Singapore
South Korea
Taiwan
Thailand
Vietnam
Europe, Middle East & Africa
Denmark
Egypt
Finland
France
Germany
Israel
Italy
Netherlands
Nigeria
Norway
Poland
Qatar
Russia
Saudi Arabia
South Africa
Spain
Sweden
Switzerland
Turkey
United Arab Emirates
United Kingdom
The report offers valuable insights on the following aspects:
1. Market Penetration: It presents comprehensive information on the market provided by key players.
2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.
The report addresses key questions such as:
1. What is the market size and forecast of the Gas Engine Market?
2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Gas Engine Market?
3. What are the technology trends and regulatory frameworks in the Gas Engine Market?
4. What is the market share of the leading vendors in the Gas Engine Market?
5. Which modes and strategic moves are suitable for entering the Gas Engine Market?
Note: PDF & Excel + Online Access - 1 Year
Table of Contents
184 Pages
- 1. Preface
- 1.1. Objectives of the Study
- 1.2. Market Segmentation & Coverage
- 1.3. Years Considered for the Study
- 1.4. Currency & Pricing
- 1.5. Language
- 1.6. Limitations
- 1.7. Assumptions
- 1.8. Stakeholders
- 2. Research Methodology
- 2.1. Define: Research Objective
- 2.2. Determine: Research Design
- 2.3. Prepare: Research Instrument
- 2.4. Collect: Data Source
- 2.5. Analyze: Data Interpretation
- 2.6. Formulate: Data Verification
- 2.7. Publish: Research Report
- 2.8. Repeat: Report Update
- 3. Executive Summary
- 4. Market Overview
- 4.1. Introduction
- 4.2. Gas Engine Market, by Region
- 5. Market Insights
- 5.1. Market Dynamics
- 5.1.1. Drivers
- 5.1.1.1. Rising need for clean and efficient power generation technology
- 5.1.1.2. Favorable government rules toward strict emission regulations
- 5.1.1.3. Potential demand attributed to its benefits such as low operational and maintenance costs
- 5.1.2. Restraints
- 5.1.2.1. Changes in price owing across regional markets
- 5.1.3. Opportunities
- 5.1.3.1. Technological advancements in gas engine
- 5.1.3.2. Emerging trend for distributed power generation and grid balancing
- 5.1.4. Challenges
- 5.1.4.1. Technical limitations of gas engine
- 5.2. Market Segmentation Analysis
- 5.3. Market Trend Analysis
- 5.4. Cumulative Impact of High Inflation
- 5.5. Porter’s Five Forces Analysis
- 5.5.1. Threat of New Entrants
- 5.5.2. Threat of Substitutes
- 5.5.3. Bargaining Power of Customers
- 5.5.4. Bargaining Power of Suppliers
- 5.5.5. Industry Rivalry
- 5.6. Value Chain & Critical Path Analysis
- 5.7. Regulatory Framework
- 6. Gas Engine Market, by Fuel
- 6.1. Introduction
- 6.2. Natural Gas
- 6.3. Special Gas
- 7. Gas Engine Market, by Power Output
- 7.1. Introduction
- 7.2. 0.5 MW–1 MW
- 7.3. 1 MW–2 MW
- 7.4. 10 MW–20 MW
- 7.5. 2 MW–5 MW
- 7.6. 5 MW–10 MW
- 8. Gas Engine Market, by Application
- 8.1. Introduction
- 8.2. Co-Generation
- 8.3. Power Generation
- 9. Gas Engine Market, by End User
- 9.1. Introduction
- 9.2. Manufacturing
- 9.3. Oil & Gas
- 9.4. Utilities
- 10. Americas Gas Engine Market
- 10.1. Introduction
- 10.2. Argentina
- 10.3. Brazil
- 10.4. Canada
- 10.5. Mexico
- 10.6. United States
- 11. Asia-Pacific Gas Engine Market
- 11.1. Introduction
- 11.2. Australia
- 11.3. China
- 11.4. India
- 11.5. Indonesia
- 11.6. Japan
- 11.7. Malaysia
- 11.8. Philippines
- 11.9. Singapore
- 11.10. South Korea
- 11.11. Taiwan
- 11.12. Thailand
- 11.13. Vietnam
- 12. Europe, Middle East & Africa Gas Engine Market
- 12.1. Introduction
- 12.2. Denmark
- 12.3. Egypt
- 12.4. Finland
- 12.5. France
- 12.6. Germany
- 12.7. Israel
- 12.8. Italy
- 12.9. Netherlands
- 12.10. Nigeria
- 12.11. Norway
- 12.12. Poland
- 12.13. Qatar
- 12.14. Russia
- 12.15. Saudi Arabia
- 12.16. South Africa
- 12.17. Spain
- 12.18. Sweden
- 12.19. Switzerland
- 12.20. Turkey
- 12.21. United Arab Emirates
- 12.22. United Kingdom
- 13. Competitive Landscape
- 13.1. FPNV Positioning Matrix
- 13.2. Market Share Analysis, By Key Player
- 13.3. Competitive Scenario Analysis, By Key Player
- 14. Competitive Portfolio
- 14.1. Key Company Profiles
- 14.1.1. Caterpillar Inc.
- 14.1.2. Cummins Inc.
- 14.1.3. General Electric Company
- 14.1.4. Hyundai Heavy Industries Co., Ltd.
- 14.1.5. IHI Corporation
- 14.1.6. INNIO Jenbacher GmbH & Co OG
- 14.1.7. JFE Holdings,Inc.
- 14.1.8. Kawasaki Heavy Industries, Ltd.
- 14.1.9. Liebherr Group
- 14.1.10. Mitsubishi Heavy Industries, Ltd.
- 14.1.11. R Schmitt Enertec GmbH
- 14.1.12. Siemens AG
- 14.1.13. Volkswagen AG
- 14.1.14. Weichai Power Co.,Ltd.
- 14.1.15. Wärtsilä Corporation
- 14.2. Key Product Portfolio
- 15. Appendix
- 15.1. Discussion Guide
- 15.2. License & Pricing
- FIGURE 1. GAS ENGINE MARKET RESEARCH PROCESS
- FIGURE 2. GAS ENGINE MARKET SIZE, 2023 VS 2030
- FIGURE 3. GAS ENGINE MARKET SIZE, 2018-2030 (USD MILLION)
- FIGURE 4. GAS ENGINE MARKET SIZE, BY REGION, 2023 VS 2030 (%)
- FIGURE 5. GAS ENGINE MARKET SIZE, BY REGION, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 6. GAS ENGINE MARKET DYNAMICS
- FIGURE 7. GAS ENGINE MARKET SIZE, BY FUEL, 2023 VS 2030 (%)
- FIGURE 8. GAS ENGINE MARKET SIZE, BY FUEL, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 9. GAS ENGINE MARKET SIZE, BY POWER OUTPUT, 2023 VS 2030 (%)
- FIGURE 10. GAS ENGINE MARKET SIZE, BY POWER OUTPUT, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 11. GAS ENGINE MARKET SIZE, BY APPLICATION, 2023 VS 2030 (%)
- FIGURE 12. GAS ENGINE MARKET SIZE, BY APPLICATION, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 13. GAS ENGINE MARKET SIZE, BY END USER, 2023 VS 2030 (%)
- FIGURE 14. GAS ENGINE MARKET SIZE, BY END USER, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 15. AMERICAS GAS ENGINE MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
- FIGURE 16. AMERICAS GAS ENGINE MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 17. UNITED STATES GAS ENGINE MARKET SIZE, BY STATE, 2023 VS 2030 (%)
- FIGURE 18. UNITED STATES GAS ENGINE MARKET SIZE, BY STATE, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 19. ASIA-PACIFIC GAS ENGINE MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
- FIGURE 20. ASIA-PACIFIC GAS ENGINE MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 21. EUROPE, MIDDLE EAST & AFRICA GAS ENGINE MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
- FIGURE 22. EUROPE, MIDDLE EAST & AFRICA GAS ENGINE MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 23. GAS ENGINE MARKET, FPNV POSITIONING MATRIX, 2023
- FIGURE 24. GAS ENGINE MARKET SHARE, BY KEY PLAYER, 2023
Pricing
Currency Rates
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