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Gas Engine Market by Fuel Type (Natural Gas & Special Gas), Application (Power Generation, Co-generation, & Mechanical Drive), End-User (Utilities, Manufacturing, & Oil & Gas), Power Output, and Region - Global Forecast to 2022

Gas Engine Market by Fuel Type (Natural Gas & Special Gas), Application (Power Generation, Co-generation, & Mechanical Drive), End-User (Utilities, Manufacturing, & Oil & Gas), Power Output, and Region - Global Forecast to 2022

“The gas engine market is projected to grow at a CAGR of 6.12% from 2017 to 2022.”
The gas engine market is projected to reach USD 4.76 billion by 2022, growing at a CAGR of 6.12%, from 2017 to 2022. Gas engines are mainly used for power generation application and CHP applications. The growth of the gas engine market can be attributed to increased investments in ongoing gas-fired power plants in developing countries and maintenance of aging power plant in developed countries to curb the increased pollution from coal-based power plants. Inadequate supply of natural gas act as a restraint for the gas engine market along with a global natural gas price fluctuations. Low-cost competitors from emerging markets are the main challenge for the gas engine market.

“The co-generation applications segment is expected to grow at the highest CAGR from 2017 to 2022.”
The co-generation (combined heat and power) generation segment is estimated to be the fastest growing segment of the gas engine market, by application, from 2017 to 2022. Europe is the key end-user of gas engines for co-generation applications. In the co-generation application, the gas engine produces power along with useful heat for the space heating and water heating. The co-generation applications majorly include steel mills, chemical, and food processing plants, paper & pulp mills, and district heating plants. The end-users are mainly focusing on improving the overall efficiency of power plants and which is driving the co-generation segment market.

“Europe: The largest market for gas engine”
The European market is currently the largest gas engine market, followed by the markets in North America, Asia Pacific, and the Middle East & Africa. The European market is projected to grow at a higher rate due to stringent environmental norms which led to the use of renewable resources such biogas, landfill gas, and sewer gas for power generation. The second key factor that would drive the European market is attractive policy offerings by the European Union for the development of gas-fired power plants, especially special gas power plants.

Breakdown of Primaries:
In-depth interviews have been conducted with various key industry participants, subject-matter experts, C-level executives of key market players, and industry consultants, among other experts, to obtain and verify critical qualitative and quantitative information, as well as assess future market prospects. The distribution of primary interviews is as follows:
By Company Type: Tier 1- 65%, Tier 2- 20%, Tier 3- 15%
By Designation: C-Level- 25%, Manager Level- 35%, Others- 40%
By Region: Europe- 23%, North America- 30%, Asia Pacific- 17%, South America- 10%, and Middle East & Africa- 20%

Note: The tier of the companies has been defined on the basis of their total revenue; as of 2016: Tier 1 = >USD 1 billion, Tier 2 = From USD 100 million to USD 500 million, and Tier 3 = <USD 100 million.

The key players in the gas engine market include General Electric Company (U.S.), Caterpillar Inc. (U.S.), Wärtsilä Corporation (Finland), Rolls-Royce Holdings plc (U.K.), and Cummins Inc. (U.S.).

Research Coverage:
The report provides a picture of the gas engine market and its segments across industries and regions. It aims at estimating the market size and future growth potential of the market across different segments such as fuel type, power output, end-user, application, and region. Furthermore, the report includes an in-depth competitive analysis of the key players in the market along with their company profiles, recent developments, and key market strategies.

Why buy this report?
1. The report identifies and addresses the key markets for gas engines, which would help OEMs review the growth in demand for the product.
2. The report helps solutions providers understand the pulse of the market and provides insight into drivers, restraints, and challenges.
3. The report will help key players understand the strategies of their competitors better and will help in making strategic decisions.


  • INTRODUCTION
    • OBJECTIVES
    • MARKET DEFINITION
    • MARKET SCOPE
      • MARKETS COVERED
      • YEARS CONSIDERED FOR THE STUDY
      • CURRENCY
    • LIMITATIONS
    • STAKEHOLDERS
  • RESEARCH METHODOLOGY
    • RESEARCH DATA
      • SECONDARY DATA
      • PRIMARY DATA
    • MARKET SIZE ESTIMATION
      • BOTTOM-UP APPROACH
      • TOP-DOWN APPROACH
    • DATA TRIANGULATION
    • RESEARCH ASSUMPTIONS & LIMITATIONS
      • ASSUMPTIONS
  • EXECUTIVE SUMMARY
    • Table GAS ENGINES MARKET SNAPSHOT
  • PREMIUM INSIGHTS
    • ATTRACTIVE OPPORTUNITIES IN THE GAS ENGINES MARKET
    • GAS ENGINES MARKET, BY APPLICATION
    • EUROPEAN GAS ENGINES MARKET, BY END-USER & REGION
    • GAS ENGINES MARKET, BY FUEL TYPE
  • MARKET OVERVIEW
    • INTRODUCTION
    • MARKET DYNAMICS
      • DRIVERS
        • Table POUNDS OF AIR POLLUTANT PRODUCED PER BILLION BTU OF ENERGY (US EIA EMISSIONS 1998)
      • RESTRAINTS
      • OPPORTUNITIES
        • Table US: COAL-FIRED POWER PLANT RETIREMENT ANNOUNCEMENTS SINCE NOVEMBER 2013
      • CHALLENGES
  • GAS ENGINES MARKET, BY FUEL TYPE
    • INTRODUCTION
      • Table GAS ENGINES MARKET, BY FUEL TYPE 2015-2022 (USD MILLION)
    • NATURAL GAS
      • Table NATURAL GAS: GAS ENGINES MARKET, BY REGION, 2015-2022 (USD MILLION)
    • SPECIAL GAS
      • Table SPECIAL GAS: GAS ENGINES MARKET, BY REGION, 2015-2022 (USD MILLION)
    • OTHERS
      • Table OTHERS: GAS ENGINES MARKET, BY REGION, 2015-2022 (USD MILLION)
  • GAS ENGINES MARKET, BY POWER OUTPUT
    • INTRODUCTION
      • Table GAS ENGINES MARKET, BY POWER OUTPUT, 2015-2022 (USD MILLION)
    • 0.5-1 MW
      • Table 0.5-1 MW: GAS ENGINES MARKET, BY REGION, 2015-2022 (USD MILLION)
    • 1-2 MW
      • Table 1-2 MW: GAS ENGINES MARKET, BY REGION, 2015-2022 (USD MILLION)
    • 2-5 MW
      • Table 2-5 MW: GAS ENGINES MARKET, BY REGION, 2015-2022 (USD MILLION)
    • 5-10 MW
      • Table 5-10 MW: GAS ENGINES MARKET, BY REGION, 2015-2022 (USD MILLION)
    • 10-20 MW
      • Table 10-20 MW: GAS ENGINES MARKET, BY REGION, 2015-2022 (USD MILLION)
  • GAS ENGINES MARKET, BY APPLICATION
    • INTRODUCTION
      • Table GAS ENGINES MARKET, BY APPLICATION, 2015-2022 (USD MILLION)
    • POWER GENERATION
      • Table POWER GENERATION: GAS ENGINES MARKET, BY REGION, 2015-2022 (USD MILLION)
    • COGENERATION
      • Table COGENERATION: GAS ENGINES MARKET, BY REGION, 2015-2022 (USD MILLION)
    • MECHANICAL DRIVE
      • Table MECHANICAL DRIVE: GAS ENGINES MARKET, BY REGION, 2015-2022 (USD MILLION)
    • OTHERS
      • Table OTHERS: GAS ENGINES MARKET, BY REGION, 2015-2022 (USD MILLION)
  • GAS ENGINES MARKET, BY END-USER
    • INTRODUCTION
      • Table GAS ENGINES MARKET, BY END-USER, 2015-2022 (USD MILLION)
    • UTILITIES
      • Table UTILITIES: GAS ENGINES MARKET, BY REGION, 2015-2022 (USD MILLION)
    • MANUFACTURING
      • Table MANUFACTURING: GAS ENGINES MARKET, BY REGION, 2015-2022 (USD MILLION)
    • OIL & GAS
      • Table OIL & GAS: GAS ENGINES MARKET, BY REGION, 2015-2022 (USD MILLION)
    • OTHERS
      • Table OTHERS: GAS ENGINES MARKET, BY REGION, 2015-2022 (USD MILLION)
  • GAS ENGINES MARKET, BY REGION
    • INTRODUCTION
      • Table GAS ENGINES MARKET, BY REGION, 2015-2022 (USD MILLION)
    • EUROPE
      • BY FUEL TYPE
        • Table EUROPE: GAS ENGINES MARKET SIZE, BY FUEL TYPE, 2015-2022 (USD MILLION)
      • BY POWER OUTPUT
        • Table EUROPE: GAS ENGINES MARKET SIZE, BY POWER OUTPUT, 2015-2022 (USD MILLION)
      • BY APPLICATION
        • Table EUROPE: GAS ENGINES MARKET SIZE, BY APPLICATION, 2015-2022 (USD MILLION)
      • BY END-USER
        • Table EUROPE: GAS ENGINES MARKET SIZE, BY END-USER, 2015-2022 (USD MILLION)
      • BY COUNTRY
        • Table EUROPE: GAS ENGINES MARKET SIZE, BY COUNTRY, 2015-2022 (USD MILLION)
        • Table GERMANY: GAS ENGINES MARKET SIZE, BY FUEL TYPE, 2015-2022 (USD MILLION)
        • Table UK: GAS ENGINES MARKET SIZE, BY FUEL TYPE, 2015-2022 (USD MILLION)
        • Table RUSSIA: GAS ENGINES MARKET SIZE, BY FUEL TYPE, 2015-2022 (USD MILLION)
        • Table ITALY: GAS ENGINES MARKET SIZE, BY FUEL TYPE, 2015-2022 (USD MILLION)
        • Table TURKEY: GAS ENGINES MARKET SIZE, BY FUEL TYPE, 2015-2022 (USD MILLION)
        • Table THE REST OF EUROPE: GAS ENGINES MARKET SIZE, BY FUEL TYPE,
    • NORTH AMERICA
      • BY FUEL TYPE
        • Table NORTH AMERICA: GAS ENGINES MARKET SIZE, BY FUEL TYPE, 2015-2022 (USD MILLION)
      • BY POWER OUTPUT
        • Table EUROPE: GAS ENGINES MARKET SIZE, BY POWER OUTPUT, 2015-2022 (USD MILLION)
      • BY APPLICATION
        • Table NORTH AMERICA: GAS ENGINES MARKET SIZE, BY APPLICATION, 2015-2022 (USD MILLION)
      • BY END-USER
        • Table NORTH AMERICA: GAS ENGINES MARKET SIZE, BY END-USER, 2015-2022 (USD MILLION)
      • BY COUNTRY
        • Table NORTH AMERICA: GAS ENGINES MARKET SIZE, BY COUNTRY, 2015-2022 (USD MILLION)
        • Table THE US.: GAS ENGINES MARKET SIZE, BY FUEL TYPE, 2015-2022 (USD MILLION)
        • Table MEXICO: GAS ENGINES MARKET SIZE, BY FUEL TYPE, 2015-2022 (USD MILLION)
        • Table CANADA: GAS ENGINES MARKET SIZE, BY FUEL TYPE, 2015-2022 (USD MILLION)
    • ASIA PACIFIC
      • BY FUEL TYPE
        • Table ASIA PACIFIC: GAS ENGINES MARKET SIZE, BY FUEL TYPE, 2015-2022 (USD MILLION)
      • BY POWER OUTPUT
        • Table ASIA PACIFIC: GAS ENGINES MARKET SIZE, BY POWER OUTPUT, 2015-2022 (USD MILLION)
      • BY APPLICATION
        • Table ASIA PACIFIC: GAS ENGINES MARKET SIZE, BY APPLICATION, 2015-2022 (USD MILLION)
      • BY END-USER
        • Table ASIA PACIFIC: GAS ENGINES MARKET SIZE, BY END-USER, 2015-2022 (USD MILLION)
      • BY COUNTRY
        • Table ASIA PACIFIC: GAS ENGINES MARKET SIZE, BY COUNTRY, 2015-2022 (USD MILLION)
        • Table CHINA: GAS ENGINES MARKET SIZE, BY FUEL TYPE, 2015-2022 (USD MILLION)
        • Table JAPAN: GAS ENGINES MARKET SIZE, BY FUEL TYPE, 2015-2022 (USD MILLION)
        • Table INDIA: GAS ENGINES MARKET SIZE, BY FUEL TYPE, 2015-2022 (USD MILLION)
        • Table THE REST OF ASIA PACIFIC: GAS ENGINES MARKET SIZE, BY FUEL TYPE, 2015-2022 (USD MILLION)
    • MIDDLE EAST & AFRICA
      • BY FUEL TYPE
        • Table THE MIDDLE EAST & AFRICA: GAS ENGINES MARKET SIZE, BY FUEL TYPE, 2015-2022 (USD MILLION)
      • BY POWER OUTPUT
        • Table THE MIDDLE EAST & AFRICA: GAS ENGINES MARKET SIZE, BY POWER OUTPUT, 2015-2022 (USD MILLION)
      • BY APPLICATION
        • Table THE MIDDLE EAST & AFRICA: GAS ENGINES MARKET SIZE, BY APPLICATION, 2015-2022 (USD MILLION)
      • BY END-USER
        • Table THE MIDDLE EAST & AFRICA: GAS ENGINES MARKET SIZE, BY END-USER, 2015-2022 (USD MILLION)
      • BY COUNTRY
        • Table THE MIDDLE EAST & AFRICA: GAS ENGINES MARKET SIZE, BY COUNTRY, 2015-2022 (USD MILLION)
        • Table SAUDI ARABIA: GAS ENGINES MARKET SIZE, BY FUEL TYPE, 2015-2022 (USD MILLION)
        • Table THE UAE: GAS ENGINES MARKET SIZE, BY FUEL TYPE, 2015-2022 (USD MILLION)
        • Table EGYPT: GAS ENGINES MARKET SIZE, BY FUEL TYPE, 2015-2022 (USD MILLION)
        • Table NIGERIA: GAS ENGINES MARKET SIZE, BY FUEL TYPE, 2015-2022 (USD MILLION)
        • Table REST OF THE MIDDLE EAST & AFRICA: GAS ENGINES MARKET SIZE, BY FUEL TYPE, 2015-2022 (USD MILLION)
    • SOUTH AMERICA
      • BY FUEL TYPE
        • Table SOUTH AMERICA: GAS ENGINES MARKET SIZE, BY FUEL TYPE, 2015-2022 (USD MILLION)
      • BY POWER OUTPUT
        • Table SOUTH AMERICA: GAS ENGINES MARKET SIZE, BY POWER OUTPUT, 2015-2022 (USD MILLION)
      • BY APPLICATION
        • Table SOUTH AMERICA: GAS ENGINES MARKET SIZE, BY APPLICATION, 2015-2022 (USD MILLION)
      • BY END-USER
        • Table SOUTH AMERICA: GAS ENGINES MARKET SIZE, BY END-USER, 2015-2022 (USD MILLION)
      • BY COUNTRY
        • Table SOUTH AMERICA: GAS ENGINES MARKET SIZE, BY COUNTRY, 2015-2022 (USD MILLION)
        • Table BRAZIL: GAS ENGINES MARKET SIZE, BY FUEL TYPE, 2015-2022 (USD MILLION)
        • Table ARGENTINA: GAS ENGINES MARKET SIZE, BY FUEL TYPE, 2015-2022 (USD MILLION)
        • Table THE REST OF SOUTH AMERICA: GAS ENGINES MARKET SIZE, BY FUEL TYPE, 2015-2022 (USD MILLION)
  • COMPETITIVE LANDSCAPE
    • OVERVIEW
    • MARKET RANKING BY REVENUE SHARE, GAS ENGINES
    • COMPETITIVE LEADERSHIP MAPPING
      • VISIONARY LEADERS
      • INNOVATORS
      • DYNAMIC DIFFERENTIATORS
      • EMERGING COMPANIES
  • COMPANY PROFILES
    • INTRODUCTION
    • GENERAL ELECTRIC COMPANY
      • OVERVIEW
      • PRODUCTS OFFERED
      • STRENGTH OF PRODUCT PORTFOLIO
      • BUSINESS STRATEGY EXCELLENCE
      • RECENT DEVELOPMENTS
    • CATERPILLAR, INC.
      • OVERVIEW
      • PRODUCTS OFFERED
      • STRENGTH OF PRODUCT PORTFOLIO
      • BUSINESS STRATEGY EXCELLENCE
      • RECENT DEVELOPMENTS
    • WÄRTSILÄ CORPORATION
      • OVERVIEW
      • PRODUCTS OFFERED
      • STRENGTH OF PRODUCT PORTFOLIO
      • BUSINESS STRATEGY EXCELLENCE
      • RECENT DEVELOPMENTS
    • ROLLS-ROYCE HOLDINGS PLC
      • OVERVIEW
      • PRODUCTS OFFERED
      • STRENGTH OF PRODUCT PORTFOLIO
      • BUSINESS STRATEGY EXCELLENCE
      • RECENT DEVELOPMENTS
    • CUMMINS INC.
      • OVERVIEW
      • PRODUCTS OFFERED
      • STRENGTH OF PRODUCT PORTFOLIO
      • BUSINESS STRATEGY EXCELLENCE
      • RECENT DEVELOPMENTS
    • SIEMENS AG
      • OVERVIEW
      • PRODUCTS OFFERED
      • STRENGHT OF PRODUCT PORTFOLIO
      • BUSINESS STRATEGY EXCELLENCE
      • RECENT DEVELOPMENTS
    • MAN SE
      • OVERVIEW
      • PRODUCTS OFFERED
      • STRENGTH OF PRODUCT PORTFOLIO
      • BUSINESS STRATEGY EXCELLENCE
      • RECENT DEVELOPMENTS
    • MITSUBISHI HEAVY INDUSTRIES, LTD.
      • OVERVIEW
      • PRODUCTS OFFERED
      • STRENGTH OF PRODUCT PORTFOLIO
      • BUSINESS STRATEGY EXCELLENCE
      • RECENT DEVELOPMENTS
    • KAWASAKI HEAVY INDUSTRIES, LTD.
      • OVERVIEW
      • PRODUCTS OFFERED
      • STRENGTH OF PRODUCT PORTFOLIO
      • BUSINESS STRATEGY EXCELLENCE
      • RECENT DEVELOPMENTS
    • LIEBHERR GROUP
      • OVERVIEW
      • PRODUCTS OFFERED
      • STRENGTH OF PRODUCT PORTFOLIO
      • BUSINESS STRATEGY EXCELLENCE
      • RECENT DEVELOPMENTS
    • JFE HOLDINGS, INC.
      • OVERVIEW
      • PRODUCTS OFFERED
      • STRENGTH OF PRODUCT PORTFOLIO
      • BUSINESS STRATEGY EXCELLENCE
    • HYUNDAI HEAVY INDUSTRIES CO., LTD.
      • OVERVIEW
      • PRODUCTS OFFERED
      • STRENGTH OF PRODUCT PORTFOLIO
      • BUSINESS STRATEGY EXCELLENCE
    • NIIGATA POWER SYSTEMS CO., LTD
      • OVERVIEW
      • PRODUCTS OFFERED
      • STRENGTH OF PRODUCT PORTFOLIO
      • BUSINESS STRATEGY EXCELLENCE
  • APPENDIX
    • INSIGHTS OF INDUSTRY EXPERTS
    • DISCUSSION GUIDE
    • KNOWLEDGE STORE: MARKETSANDMARKETS' SUBSCRIPTION PORTAL
    • INTRODUCING RT: REAL-TIME MARKET INTELLIGENCE
    • AVAILABLE CUSTOMIZATIONS
    • RELATED REPORTS
    • AUTHOR DETAILS

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