The Gas Engine Market in the Middle East and Africa Would Grow at a CAGR of 8.67% in the Forecast Period 2019-2027
MARKET OUTLOOK
This report states that the gas engine market in the Middle East and Africa would grow at a CAGR of 8.67% in the forecast period 2019-2027. Turkey, the UAE, Saudi Arabia, South Africa, and Rest of MEA together constitute the Middle East and Africa market for gas engines.
The Middle East region is known for its large oil reserves. However, this scenario is soon expected to change, with natural gas overtaking oil to become the most widely used type of fuel in the region. It is estimated that, by the year 2040, natural gas would account for 60% of the total energy consumed.
The United Arab Emirates ranks seventh in the world in terms of having large gas reserves. The rapidly rising natural gas demand, for power generation, as well as industrial development, has pressurized the government to facilitate the efficient supply of natural gas in the country.
Natural gas significantly contributes to the UAE’S energy mix, accounting for approximately 57% of the country’s total primary energy mix. There has been a growth in the production of natural gas in the UAE, with 60.4 billion cubic meters (BCM) in 2017, as compared to 50.0 BCM in 2010. In line with the country’s short- and medium-term goals, the Government of the UAE has been actively encouraging the adoption of natural gas across various sectors. This would help reduce greenhouse gas emission and keep pollution levels in check, which, in turn, would supplement the growth of the gas engine market in the United Arab Emirates.
COMPETITIVE OUTLOOK
The preeminent companies in the gas engine market are MAN SE, China Yuchai International, Ltd., Caterpillar Inc., Hyundai Heavy Industries Co., Ltd., General Electric Company (INNIO), Cummins, Inc., Kawasaki Heavy Industries, Ltd., and 3W-International GmbH.
Table of Contents
1. Middle East And Africa Gas Engine Market - Summary
2. Industry Outlook
2.1. Market Definition
2.2. Key Insights
2.2.1. Advent Of Dual Fuel Engines
2.2.2. Consumption Of Alternate Gases As Fuels
2.3. Porter’S Five Forces Analysis
2.3.1. Threat Of New Entrants
2.3.2. Threat Of Substitute
2.3.3. Bargaining Power Of Suppliers
2.3.4. Bargaining Power Of Buyers
2.3.5. Threat Of Competitive Rivalry
2.4. Key Impact Analysis
2.4.1. Cost
2.4.2. Efficiency
2.4.3. Emission
2.4.4. Maintenance
2.4.5. Flexibility
2.5. Market Attractiveness Index
2.6. Vendor Scorecard
2.7. Regulatory Framework
2.8. Market Drivers
2.8.1. Decrease In Gas Prices
2.8.2. Growing Electricity Demand Worldwide
2.8.3. Surge In Ecological Concerns
2.8.4. Industrial Expansion Leading To Environmental Power Generation
2.9. Market Restraints
2.9.1. Abnormalities In Natural Gas Reserves & Provisions Due To Regional Instability
2.9.2. Rise In Safety Concerns
2.9.3. Price Disparity Among Fuels
2.10. Market Opportunities
2.10.1. Emergent Inclination Towards Distributed Power Generation
2.10.2. Advent Of Gas-Fired Power Plants
2.11. Market Challenges
2.11.1. Diminishing Natural Gas Reserves
2.11.2. Firm Regulations Levied By Authorities
3. Middle East And Africa Gas Engine Market Outlook - By Fuel Type
3.1. Natural Gas
3.2. Special Gas
3.3. Other Gas
4. Middle East And Africa Gas Engine Market Outlook - By Power
4.1. 0.5 Mw-1.0 Mw
4.2. 1.0-2.0 Mw
4.3. 2.0-5.0 Mw
4.4. 5.0 Mw-10.0 Mw
4.5. 10.0 Mw-20.0 Mw
5. Middle East And Africa Gas Engine Market Outlook - By Application
5.1. Power Generation
5.2. Co-Generation
5.3. Other Applications
6. Middle East And Africa Gas Engine Market Outlook - By End-User
6.1. Utilities
6.2. Manufacturing
6.3. Oil & Gas
6.4. Transportation
6.5. Other End-Users
7. Middle East And Africa Gas Engine Market - Regional Outlook
7.1. United Arab Emirates
7.2. Turkey
7.3. Saudi Arabia
7.4. South Africa
7.5. Rest Of Middle East & Africa
8. Competitive Landscape
8.1. 3W-International Gmbh
8.2. Caterpillar Inc.
8.3. Cummins, Inc.
8.4. China Yuchai International Ltd.
8.5. Clarke Energy
8.6. Deutz Ag
8.7. Dresser-Rand Group, Inc.
8.8. Doosan Infracore Co., Ltd.
8.9. Fairbanks Morse Engine
8.10. General Electric Company (Innio)
8.11. Hyundai Heavy Industries Co., Ltd.
8.12. Ihi Corporation
8.13. Kawasaki Heavy Industries, Ltd.
8.14. Man Se
8.15. Mitsubishi Heavy Industries, Ltd.
8.16. Wärtsilä Corporation
9. Methodology & Scope
9.1. Research Scope
9.2. Sources Of Data
9.3. Research Methodology
List Of Tables
Table 1: Middle East And Africa Gas Engine Market, By Country, 2019-2027 (In $ Million)
Table 2: Vendor Scorecard
Table 3: Regulatory Framework
Table 4: Natural Gas Prices (Dollars Per Thousand Cubic Feet)
Table 5: Comparison Of Carbon Dioxide Emission Levels For Different Fuels (1990-2040) (Million Metric Tons)
Table 6: Middle East And Africa Gas Engine Market, By Fuel Type, 2019-2027 (In $ Million)
Table 7: Middle East And Africa Gas Engine Market, By Power, 2019-2027 (In $ Million)
Table 8: Middle East And Africa Gas Engine Market, By Application, 2019-2027 (In $ Million)
Table 9: Middle East And Africa Gas Engine Market, By End-User, 2019-2027 (In $ Million)
Table 10: Middle East And Africa Gas Engine Market, By Country, 2019-2027 (In $ Million)
List Of Figures
Figure 1: Middle East And Africa Gas Engine Market, By Fuel Type, 2018 & 2027 (In %)
Figure 2: Porter’S Five Forces Analysis
Figure 3: Key Buying Impact Analysis
Figure 4: Market Attractiveness Index
Figure 5: Middle East And Africa Gas Engine Market, By Natural Gas, 2019-2027 (In $ Million)
Figure 6: Middle East And Africa Gas Engine Market, By Special Gas, 2019-2027 (In $ Million)
Figure 7: Middle East And Africa Gas Engine Market, By Other Gas, 2019-2027 (In $ Million)
Figure 8: Middle East And Africa Gas Engine Market, By 0.5 Mw-1.0 Mw, 2019-2027 (In $ Million)
Figure 9: Middle East And Africa Gas Engine Market, By 1.0-2.0 Mw, 2019-2027 (In $ Million)
Figure 10: Middle East And Africa Gas Engine Market, By 2.0-5.0 Mw, 2019-2027 (In $ Million)
Figure 11: Middle East And Africa Gas Engine Market, By 5.0 Mw-10.0 Mw, 2019-2027 (In $ Million)
Figure 12: Middle East And Africa Gas Engine Market, By 10.0 Mw-20.0 Mw, 2019-2027 (In $ Million)
Figure 13: Middle East And Africa Gas Engine Market, By Power Generation, 2019-2027 (In $ Million)
Figure 14: Middle East And Africa Gas Engine Market, By Co-Generation, 2019-2027 (In $ Million)
Figure 15: Middle East And Africa Gas Engine Market, By Other Applications, 2019-2027 (In $ Million)
Figure 16: Middle East And Africa Gas Engine Market, By Utilities, 2019-2027 (In $ Million)
Figure 17: Middle East And Africa Gas Engine Market, By Manufacturing, 2019-2027 (In $ Million)
Figure 18: Middle East And Africa Gas Engine Market, By Oil & Gas, 2019-2027 (In $ Million)
Figure 19: Middle East And Africa Gas Engine Market, By Transportation, 2019-2027 (In $ Million)
Figure 20: Middle East And Africa Gas Engine Market, By Other End-Users, 2019-2027 (In $ Million)
Figure 21: Middle East And Africa Gas Engine Market, Regional Outlook, 2018 & 2027 (In %)
Figure 22: Middle East And Africa Gas Engine Market, 2019-2027 (In $ Million)
Figure 23: United Arab Emirates Gas Engine Market, 2019-2027 (In $ Million)
Figure 24: Turkey Gas Engine Market, 2019-2027 (In $ Million)
Figure 25: Saudi Arabia Gas Engine Market, 2019-2027 (In $ Million)
Figure 26: South Africa Gas Engine Market, 2019-2027 (In $ Million)
Figure 27: Rest Of Middle East & Africa Gas Engine Market, 2019-2027 (In $ Million)
Samples
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Companies Mentioned
A selection of companies mentioned in this report includes:
- 3W-International Gmbh
- Caterpillar Inc.
- Cummins, Inc.
- China Yuchai International Ltd.
- Clarke Energy
- Deutz Ag
- Dresser-Rand Group, Inc.
- Doosan Infracore Co., Ltd.
- Fairbanks Morse Engine
- General Electric Company (Innio)
- Hyundai Heavy Industries Co., Ltd.
- Ihi Corporation
- Kawasaki Heavy Industries, Ltd.
- Man Se
- Mitsubishi Heavy Industries, Ltd.
- Wärtsilä Corporation
Methodology
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