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 - Product Image

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

  • ID: 4390936
  • Report
  • Region: Global
  • 168 Pages
  • Markets and Markets
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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.

FEATURED COMPANIES

  • Caterpillar, Inc.
  • Cummins Inc.
  • General Electric Company
  • Jfe Holdings, Inc.
  • Liebherr Group
  • Man Se
  • MORE

“The gas engine market is projected to grow 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.

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FEATURED COMPANIES

  • Caterpillar, Inc.
  • Cummins Inc.
  • General Electric Company
  • Jfe Holdings, Inc.
  • Liebherr Group
  • Man Se
  • MORE

1 Introduction
1.1 Objectives
1.2 Market Definition
1.3 Market Scope
1.3.1 Markets Covered
1.3.2 Years Considered for the Study
1.3.3 Currency
1.4 Limitations
1.5 Stakeholders

2 Research Methodology
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 Key Data from Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Data from Primary Sources
2.1.2.2 Breakdown of Primary Interviews
2.2 Market Size Estimation
2.2.1 Bottom-Up Approach
2.2.2 Top-Down Approach
2.3 Data Triangulation
2.4 Research Assumptions & Limitations
2.4.1 Assumptions

3 Executive Summary

4 Premium Insights
4.1 Attractive Opportunities in the Gas Engines Market
4.2 Gas Engines Market, By Application
4.3 European Gas Engines Market, By End-User & Region
4.4 Gas Engines Market, By Fuel Type

5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Fall in Natural Gas Prices
5.2.1.2 Clean And Efficient Power Generation Technology
5.2.1.3 Carbon Emission Reduction Targets
5.2.2 Restraints
5.2.2.1 Price Disparity Across Regional Markets
5.2.2.2 Political Uncertainties Impacting the Supply of Natural Gas
5.2.3 Opportunities
5.2.3.1 Shift Toward Gas-Fired Power Plants
5.2.3.2 Growing Trend of Distributed Power Generation
5.2.4 Challenges
5.2.4.1 Limited Natural Gas Reserves
5.2.4.2 Infrastructure Concerns

6 Gas Engines Market, By Fuel Type
6.1 Introduction
6.2 Natural Gas
6.3 Special Gas
6.4 Others

7 Gas Engines Market, By Power Output
7.1 Introduction
7.2 0.5-1 Mw
7.3 1-2 Mw
7.4 2-5 Mw
7.5 5-10 Mw
7.6 10-20 Mw

8 Gas Engines Market, By Application
8.1 Introduction
8.2 Power Generation
8.3 Cogeneration
8.4 Mechanical Drive
8.5 Others

9 Gas Engines Market, By End-User
9.1 Introduction
9.2 Utilities
9.3 Manufacturing
9.4 Oil & Gas
9.5 Others
 
10 Gas Engines Market, By Region
10.1 Introduction
10.2 Europe
10.2.1 By Fuel Type
10.2.2 By Power Output
10.2.3 By Application
10.2.4 By End-User
10.2.5 By Country
10.2.5.1 Germany
10.2.5.2 Uk
10.2.5.3 Russia
10.2.5.4 Italy
10.2.5.5 Turkey
10.2.5.6 Rest of Europe
10.3 North America
10.3.1 By Fuel Type
10.3.2 By Power Output
10.3.3 By Application
10.3.4 By End-User
10.3.5 By Country
10.3.5.1 Us
10.3.5.2 Mexico
10.3.5.3 Canada
10.4 Asia Pacific
10.4.1 By Fuel Type
10.4.2 By Power Output
10.4.3 By Application
10.4.4 By End-User
10.4.5 By Country
10.4.5.1 China
10.4.5.2 Japan
10.4.5.3 India
10.4.5.4 Rest of Asia Pacific
10.5 Middle East & Africa
10.5.1 By Fuel Type
10.5.2 By Power Output
10.5.3 By Application
10.5.4 By End-User
10.5.5 By Country
10.5.5.1 Saudi Arabia
10.5.5.2 Uae
10.5.5.3 Egypt
10.5.5.4 Nigeria
10.5.5.5 Rest of the Middle East & Africa
10.6 South America
10.6.1 By Fuel Type
10.6.2 By Power Output
10.6.3 By Application
10.6.4 By End-User
10.6.5 By Country
10.6.5.1 Brazil
10.6.5.2 Argentina
10.6.5.3 Rest of South America

11 Competitive Landscape
11.1 Overview
11.2 Market Ranking By Revenue Share, Gas Engines
11.3 Competitive Leadership Mapping
11.3.1 Visionary Leaders
11.3.2 Innovators
11.3.3 Dynamic Differentiators
11.3.4 Emerging Companies

12 Company Profiles
(Overview, Strength of Product Portfolio, Business Strategy Excellence, Products Offering, Recent Development’S, Business Strategy)*
12.1 Introduction
12.2 General Electric Company
12.3 Caterpillar, Inc.
12.4 Wärtsilä Corporation
12.5 Rolls-Royce Holdings Plc
12.6 Cummins Inc.
12.7 Siemens Ag
12.8 Man Se
12.9 Mitsubishi Heavy Industries, Ltd.
12.10 Kawasaki Heavy Industries, Ltd.
12.11 Liebherr Group
12.12 Jfe Holdings, Inc.
12.13 Hyundai Heavy Industries Co., Ltd.
12.14 Niigata Power Systems Co., Ltd
*Details On Overview, Strength of Product Portfolio, Business, Strategy Excellence, Products Offering, Recent Development’S, Business Strategy Might Not Be Captured in Case of Unlisted Companies.
 
13 Appendix
13.1 Insights of Industry Experts
13.2 Discussion Guide
13.3 Knowledge Store: Subscription Portal
13.4 Introducing Rt: Real-Time Market Intelligence
13.5 Available Customizations
13.6 Related Reports
13.7 Author Details

List of Tables:
Table 1 Gas Engines Market Snapshot
Table 2 Pounds of Air Pollutant Produced Per Billion Btu of Energy (Us Eia Emissions 1998)
Table 3 the Us: Coal-Fired Power Plant Retirement Announcements Since November 2013
Table 4 Gas Engines Market, By Fuel Type 2015-2022 (USD Million)
Table 5 Natural Gas: Gas Engines Market, By Region, 2015-2022 (USD Million)
Table 6 Special Gas: Gas Engines Market, By Region, 2015-2022 (USD Million)
Table 7 Others: Gas Engines Market, By Region, 2015-2022 (USD Million)
Table 8 Gas Engines Market, By Power Output, 2015-2022 (USD Million)
Table 9 0.5-1 Mw: Gas Engines Market, By Region, 2015-2022 (USD Million)
Table 10 1-2 Mw: Gas Engines Market, By Region, 2015-2022 (USD Million)
Table 11 2-5 Mw: Gas Engines Market, By Region, 2015-2022 (USD Million)
Table 12 5-10 Mw: Gas Engines Market, By Region, 2015-2022 (USD Million)
Table 13 10-20 Mw: Gas Engines Market, By Region, 2015-2022 (USD Million)
Table 14 Gas Engines Market, By Application, 2015-2022 (USD Million)
Table 15 Power Generation: Gas Engines Market, By Region, 2015-2022 (USD Million)
Table 16 Cogeneration: Gas Engines Market, By Region, 2015-2022 (USD Million)
Table 17 Mechanical Drive: Gas Engines Market, By Region, 2015-2022 (USD Million)
Table 18 Others: Gas Engines Market, By Region, 2015-2022 (USD Million)
Table 19 Gas Engines Market, By End-User, 2015-2022 (USD Million)
Table 20 Utilities: Gas Engines Market, By Region, 2015-2022 (USD Million)
Table 21 Manufacturing: Gas Engines Market, By Region, 2015-2022 (USD Million)
Table 22 Oil & Gas: Gas Engines Market, By Region, 2015-2022 (USD Million)
Table 23 Others: Gas Engines Market, By Region, 2015-2022 (USD Million)
Table 24 Gas Engines Market, By Region, 2015-2022 (USD Million)
Table 25 Europe: Gas Engines Market Size, By Fuel Type, 2015-2022 (USD Million)
Table 26 Europe: Gas Engines Market Size, By Power Output, 2015-2022 (USD Million)
Table 27 Europe: Gas Engines Market Size, By Application, 2015-2022 (USD Million)
Table 28 Europe: Gas Engines Market Size, By End-User, 2015-2022 (USD Million)
Table 29 Europe: Gas Engines Market Size, By Country, 2015-2022 (USD Million)
Table 30 Germany: Gas Engines Market Size, By Fuel Type, 2015-2022 (USD Million)
Table 31 Uk: Gas Engines Market Size, By Fuel Type, 2015-2022 (USD Million)
Table 32 Russia: Gas Engines Market Size, By Fuel Type, 2015-2022 (USD Million)
Table 33 Italy: Gas Engines Market Size, By Fuel Type, 2015-2022 (USD Million)
Table 34 Turkey: Gas Engines Market Size, By Fuel Type, 2015-2022 (USD Million)
Table 35 the Rest of Europe: Gas Engines Market Size, By Fuel Type, 2015-2022 (USD Million)
Table 36 North America: Gas Engines Market Size, By Fuel Type, 2015-2022 (USD Million)
Table 37 Europe: Gas Engines Market Size, By Power Output, 2015-2022 (USD Million)
Table 38 North America: Gas Engines Market Size, By Application, 2015-2022 (USD Million)
Table 39 North America: Gas Engines Market Size, By End-User, 2015-2022 (USD Million)
Table 40 North America: Gas Engines Market Size, By Country, 2015-2022 (USD Million)
Table 41 the Us.: Gas Engines Market Size, By Fuel Type, 2015-2022 (USD Million)
Table 42 Mexico: Gas Engines Market Size, By Fuel Type, 2015-2022 (USD Million)
Table 43 Canada: Gas Engines Market Size, By Fuel Type, 2015-2022 (USD Million)
Table 44 Asia Pacific: Gas Engines Market Size, By Fuel Type, 2015-2022 (USD Million)
Table 45 Asia Pacific: Gas Engines Market Size, By Power Output, 2015-2022 (USD Million)
Table 46 Asia Pacific: Gas Engines Market Size, By Application, 2015-2022 (USD Million)
Table 47 Asia Pacific: Gas Engines Market Size, By End-User, 2015-2022 (USD Million)
Table 48 Asia Pacific: Gas Engines Market Size, By Country, 2015-2022 (USD Million)
Table 49 China: Gas Engines Market Size, By Fuel Type, 2015-2022 (USD Million)
Table 50 Japan: Gas Engines Market Size, By Fuel Type, 2015-2022 (USD Million)
Table 51 India: Gas Engines Market Size, By Fuel Type, 2015-2022 (USD Million)
Table 52 the Rest of Asia Pacific: Gas Engines Market Size, By Fuel Type, 2015-2022 (USD Million)
Table 53 the Middle East & Africa: Gas Engines Market Size, By Fuel Type, 2015-2022 (USD Million)
Table 54 the Middle East & Africa: Gas Engines Market Size, By Power Output, 2015-2022 (USD Million)
Table 55 the Middle East & Africa: Gas Engines Market Size, By Application, 2015-2022 (USD Million)
Table 56 the Middle East & Africa: Gas Engines Market Size, By End-User, 2015-2022 (USD Million)
Table 57 the Middle East & Africa: Gas Engines Market Size, By Country, 2015-2022 (USD Million)
Table 58 Saudi Arabia: Gas Engines Market Size, By Fuel Type, 2015-2022 (USD Million)
Table 59 the Uae: Gas Engines Market Size, By Fuel Type, 2015-2022 (USD Million)
Table 60 Egypt: Gas Engines Market Size, By Fuel Type, 2015-2022 (USD Million)
Table 61 Nigeria: Gas Engines Market Size, By Fuel Type, 2015-2022 (USD Million)
Table 62 Rest of the Middle East & Africa: Gas Engines Market Size, By Fuel Type, 2015-2022 (USD Million)
Table 63 South America: Gas Engines Market Size, By Fuel Type, 2015-2022 (USD Million)
Table 64 South America: Gas Engines Market Size, By Power Output, 2015-2022 (USD Million)
Table 65 South America: Gas Engines Market Size, By Application, 2015-2022 (USD Million)
Table 66 South America: Gas Engines Market Size, By End-User, 2015-2022 (USD Million)
Table 67 South America: Gas Engines Market Size, By Country, 2015-2022 (USD Million)
Table 68 Brazil: Gas Engines Market Size, By Fuel Type, 2015-2022 (USD Million)
Table 69 Argentina: Gas Engines Market Size, By Fuel Type, 2015-2022 (USD Million)
Table 70 the Rest of South America: Gas Engines Market Size, By Fuel Type, 2015-2022 (USD Million)

List of Figures:
Figure 1 Gas Engines Market Segmentation
Figure 2 Gas Engines Market: Research Design
Figure 3 Breakdown of Primary Interviews: By Company Type, Designation, & Region
Figure 4 Market Size Estimation Methodology: Bottom-Up Approach
Figure 5 Market Size Estimation Methodology: Top-Down Approach
Figure 6 Gas Engines Market: Data Triangulation
Figure 7 Gas Engines Market, By Region, 2015-2022 (USD Million)
Figure 8 1-2 Mw Segment Led the Gas Engines Market, By Power Output, 2016
Figure 9 Utilities Was the Major End-User of the Gas Engines Market, 2016
Figure 10 Contracts & Agreements Was the Key Strategy Adopted By Players in the Gas Engines Market, 2014-2017
Figure 11 Opportunities in the Utilities & Manufacturing End-User Segments, Gas Engines Market, 2017-2022
Figure 12 Power Generation Market is Expected to Lead the Gas Engines Market in the Application Segment, 2017-2022
Figure 13 Russia Led the Gas Engines Market in Europe, 2016
Figure 14 Natural Gas Segment Dominated the Gas Engines Market, By Fuel Type, 2016
Figure 15 Market Dynamics of the Gas Engines Market
Figure 16 Natural Gas Production (Bcm), 2012-2016
Figure 17 Natural Gas Price Trend, 2011- 2015
Figure 18 Emission Targets in Key Countries By 2020
Figure 19 Natural Gas Reserve to Production Ratio (In Terms of Number of Years), 2015
Figure 20 Gas Engines Market, By Fuel Type, 2017-2022 (USD Million)
Figure 21 Gas Engines Market, By Power Output, 2017-2022 (USD Million)
Figure 22 Gas Engines Market, By Application, 2017-2022 (USD Million)
Figure 23 Gas Engines Market, By End-User, 2017-2022 (USD Million)
Figure 24 Gas Engines Market, By Region, 2017-2022 (USD Million)
Figure 25 Regional Snapshot: CAGR of the Gas Engines Market in Major Countries, 2017-2022
Figure 26 Europe: Gas Engines Market Snapshot
Figure 27 North America: Gas Engines Market Snapshot
Figure 28 Companies Adopted Contracts & Agreements & New Product Launches As Key Growth Strategies 2014 to 2017 July
Figure 29 Market Ranking, 2016
Figure 30 Market Evaluation Framework: Contracts & Agreements Fueled the Growth of Companies from 2014 to July 2017
Figure 31 Battle for Market Share (2014 to 2017 July): Contracts & Agreements Was the Key Strategy Adopted By the Players in the Gas Engines Market
Figure 32 Gas Engines Market: Competitive Leadership Mapping, 2017
Figure 33 Strength of Product Portfolio (20 Players)
Figure 34 Business Strategy Excellence (20 Players)
Figure 35 General Electric Company: Company Snapshot
Figure 36 Caterpillar, Inc.: Company Snapshot
Figure 37 Wärtsilä Corporation: Company Snapshot
Figure 38 Rolls-Royce Holdings Plc.: Company Snapshot
Figure 39 Cummins Inc.: Company Snapshot
Figure 40 Siemens Ag: Company Snapshot
Figure 41 Man Se: Company Snapshot
Figure 42 Mitsubishi Heavy Industries, Ltd.: Company Snapshot
Figure 43 Kawasaki Heavy Industries, Ltd.: Company Snapshot
Figure 44 Liebherr Group: Company Snapshot
Figure 45 Jfe Holdings, Inc: Company Snapshot
Figure 46 Hyundai Heavy Industries Co., Ltd.: Company Snapshot

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  • Caterpillar, Inc.
  • Cummins Inc.
  • General Electric Company
  • Hyundai Heavy Industries Co., Ltd.
  • Jfe Holdings, Inc.
  • Kawasaki Heavy Industries, Ltd.
  • Liebherr Group
  • Man Se
  • Mitsubishi Heavy Industries, Ltd.
  • Niigata Power Systems Co., Ltd
  • Rolls-Royce Holdings Plc
  • Siemens Ag
  • Wärtsilä Corporation
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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