Global Gas Engines Market Growth 2025-2031

The global Gas Engines market size is predicted to grow from US$ 2653 million in 2025 to US$ 3266 million in 2031; it is expected to grow at a CAGR of 3.5% from 2025 to 2031.

A gas engine is an internal combustion engine which runs on a gas fuel, such as coal gas, producer gas, biogas, landfill gas or natural gas.

Global key manufactuers of gas engines include Innio and Caterpillar. The top two players hold a share around 44%. The global origin is mainly located in North America, Europe, China and Japan, with Europe being the largest production region, holding more than 40% of the market share. In terms of product, 5-10MW is the largest segment, with a share nearly 50%. And in terms of application, the largest application is power generation, with a share nearly 63%.

LP Information, Inc. (LPI) ' newest research report, the “Gas Engines Industry Forecast” looks at past sales and reviews total world Gas Engines sales in 2024, providing a comprehensive analysis by region and market sector of projected Gas Engines sales for 2025 through 2031. With Gas Engines sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Gas Engines industry.

This Insight Report provides a comprehensive analysis of the global Gas Engines landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Gas Engines portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Gas Engines market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Gas Engines and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Gas Engines.

This report presents a comprehensive overview, market shares, and growth opportunities of Gas Engines market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
0.5-5MW
5-10MW
Above 10MW

Segmentation by Application:
Power Generation
Co-Generation
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Innio
Caterpillar
Kawasaki Heavy Industries
Rolls Royce
Wartsila
MAN SE
Siemens Energy
Mitsubishi Heavy Industries
Liebherr

Key Questions Addressed in this Report

What is the 10-year outlook for the global Gas Engines market?

What factors are driving Gas Engines market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Gas Engines market opportunities vary by end market size?

How does Gas Engines break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.