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Global Dual Fuel Engine Market 2021-2025

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    Report

  • 120 Pages
  • July 2021
  • Region: Global
  • TechNavio
  • ID: 5449068
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The publisher has been monitoring the dual fuel engine market and it is poised to grow by 2.85 bn units during 2021-2025, progressing at a CAGR of 8.95% during the forecast period. The report on the dual fuel engine market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by stringent regulations on NOx emissions and increase in electricity demand.

The dual fuel engine market analysis includes the end-user segment and geographic landscape.

The dual fuel engine market is segmented as below:


By End-user

  • Marine industry
  • Power generation industry

By Geographical Landscape

  • APAC
  • Europe
  • North America
  • MEA
  • South America

This study identifies the gradual conversion of conventional engines to dual fuel engines as one of the prime reasons driving the dual fuel engine market growth during the next few years.

The report on dual fuel engine market covers the following areas:

  • Dual fuel engine market sizing
  • Dual fuel engine market forecast
  • Dual fuel engine market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading dual fuel engine market vendors that include Anglo Belgian Corp., Caterpillar Inc., Cummins Inc., Heinzmann GmbH and Co. KG, Kubota Corp., MAN Energy Solutions SE, Wartsila Corp., Westport Fuel Systems Inc., Woodward Inc., and Yanmar Holdings Co. Ltd. Also, the dual fuel engine market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Table of Contents

Executive Summary
  • Market overview

Market Landscape
  • Market ecosystem
  • Value chain analysis

Market Sizing
  • Market definition
  • Market segment analysis
  • Market size 2020
  • Market outlook: Forecast for 2020 - 2025

Five Forces Analysis
  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

Market Segmentation by End-user
  • Market segments
  • Comparison by End-user
  • Marine industry - Market size and forecast 2020-2025
  • Power generation industry - Market size and forecast 2020-2025
  • Market opportunity by End-user

Customer landscape

Geographic Landscape
  • Geographic segmentation
  • Geographic comparison
  • APAC - Market size and forecast 2020-2025
  • Europe - Market size and forecast 2020-2025
  • North America - Market size and forecast 2020-2025
  • MEA - Market size and forecast 2020-2025
  • South America - Market size and forecast 2020-2025
  • Key leading countries
  • Market opportunity By Geographical Landscape
  • Market drivers
  • Market challenges
  • Market trends

Vendor Landscape
  • Overview
  • Landscape disruption

Vendor Analysis
  • Vendors covered
  • Market positioning of vendors
  • Anglo Belgian Corp.
  • Caterpillar Inc.
  • Cummins Inc.
  • Heinzmann GmbH and Co. KG
  • Kubota Corp.
  • MAN Energy Solutions SE
  • Wartsila Corp.
  • Westport Fuel Systems Inc.
  • Woodward Inc.
  • Yanmar Holdings Co. Ltd.

Appendix
  • Scope of the report
  • Currency conversion rates for US$
  • Research methodology
  • List of abbreviations

List of Exhibits
  • Key Finding 1
  • Key Finding 2
  • Key Finding 3
  • Key Finding 5
  • Key Finding 6
  • Key Finding 7
  • Key Finding 8
  • Parent market
  • Market characteristics
  • Offerings of vendors included in the market definition
  • Market segments
  • Global - Market size and forecast 2020 - 2025 (million units)
  • Global market: Year-over-year growth 2020 - 2025 (%)
  • Five forces analysis 2020 & 2025
  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition - Five forces 2020
  • End-user - Market share 2020-2025 (%)
  • Comparison by End-user
  • Marine industry - Market size and forecast 2020-2025 (million units)
  • Marine industry - Year-over-year growth 2020-2025 (%)
  • Power generation industry - Market size and forecast 2020-2025 (million units)
  • Power generation industry - Year-over-year growth 2020-2025 (%)
  • Market opportunity by End-user
  • Customer landscape
  • Market share By Geographical Landscape 2020-2025 (%)
  • Geographic comparison
  • APAC - Market size and forecast 2020-2025 (million units)
  • APAC - Year-over-year growth 2020-2025 (%)
  • Europe - Market size and forecast 2020-2025 (million units)
  • Europe - Year-over-year growth 2020-2025 (%)
  • North America - Market size and forecast 2020-2025 (million units)
  • North America - Year-over-year growth 2020-2025 (%)
  • MEA - Market size and forecast 2020-2025 (million units)
  • MEA - Year-over-year growth 2020-2025 (%)
  • South America - Market size and forecast 2020-2025 (million units)
  • South America - Year-over-year growth 2020-2025 (%)
  • Key leading countries
  • Market opportunity By Geographical Landscape (million units)
  • Impact of drivers and challenges
  • Vendor landscape
  • Landscape disruption
  • Industry risks
  • Vendors covered
  • Market positioning of vendors
  • Anglo Belgian Corp. - Overview
  • Anglo Belgian Corp. - Product and service
  • Anglo Belgian Corp. - Key offerings
  • Anglo Belgian Corp. - Key customers
  • Anglo Belgian Corp. - Segment focus
  • Caterpillar Inc. - Overview
  • Caterpillar Inc. - Business segments
  • Caterpillar Inc. - Key offerings
  • Caterpillar Inc. - Key customers
  • Caterpillar Inc. - Segment focus
  • Cummins Inc. - Overview
  • Cummins Inc. - Business segments
  • Cummins Inc. - Key offerings
  • Cummins Inc. - Key customers
  • Cummins Inc. - Segment focus
  • Heinzmann GmbH and Co. KG - Overview
  • Heinzmann GmbH and Co. KG - Business segments
  • Heinzmann GmbH and Co. KG - Key offerings
  • Heinzmann GmbH and Co. KG - Key customers
  • Heinzmann GmbH and Co. KG - Segment focus
  • Kubota Corp. - Overview
  • Kubota Corp. - Business segments
  • Kubota Corp. - Key offerings
  • Kubota Corp. - Key customers
  • Kubota Corp. - Segment focus
  • MAN Energy Solutions SE - Overview
  • MAN Energy Solutions SE - Product and service
  • MAN Energy Solutions SE - Key offerings
  • MAN Energy Solutions SE - Key customers
  • MAN Energy Solutions SE - Segment focus
  • Wartsila Corp. - Overview
  • Wartsila Corp. - Business segments
  • Wartsila Corp. - Key offerings
  • Wartsila Corp. - Key customers
  • Wartsila Corp. - Segment focus
  • Westport Fuel Systems Inc. - Overview
  • Westport Fuel Systems Inc. - Business segments
  • Westport Fuel Systems Inc. - Key offerings
  • Westport Fuel Systems Inc. - Key customers
  • Westport Fuel Systems Inc. - Segment focus
  • Woodward Inc. - Overview
  • Woodward Inc. - Business segments
  • Woodward Inc. - Key offerings
  • Woodward Inc. - Key customers
  • Woodward Inc. - Segment focus
  • Yanmar Holdings Co. Ltd. - Overview
  • Yanmar Holdings Co. Ltd. - Product and service
  • Yanmar Holdings Co. Ltd. - Key offerings
  • Yanmar Holdings Co. Ltd. - Key customers
  • Yanmar Holdings Co. Ltd. - Segment focus
  • Currency conversion rates for US$
  • Research Methodology
  • Validation techniques employed for market sizing
  • Information sources
  • List of abbreviations

Executive Summary

The publisher recognizes the following companies as the key players in the global dual fuel engine market: Anglo Belgian Corp., Caterpillar Inc., Cummins Inc., Heinzmann GmbH and Co. KG, Kubota Corp., MAN Energy Solutions SE, Wartsila Corp., Westport Fuel Systems Inc., Woodward Inc., and Yanmar Holdings Co. Ltd.

Commenting on the report, an analyst from the research team said: `The latest trend gaining momentum in the market is gradual conversion of conventional engines to dual fuel engines.`

According to the report, one of the major drivers for this market is the stringent regulations on NOx emissions.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

Companies Mentioned

A selection of companies mentioned in this report includes:

  • Anglo Belgian Corp.
  • Caterpillar Inc.
  • Cummins Inc.
  • Heinzmann GmbH and Co. KG
  • Kubota Corp.
  • MAN Energy Solutions SE
  • Wartsila Corp.
  • Westport Fuel Systems Inc.
  • Woodward Inc.
  • Yanmar Holdings Co. Ltd.