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

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


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

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