Gas Engine Market Worth 5.90 Billion By 2025 with Global CAGR 6.23%

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. Benefits of gas engine include – lower maintenance costs, environmentally friendly, flexibility and individuality, efficiency through long overhaul intervals and extended service lives, low emissions improved handling, efficiency, and performance.

Sample Infographics:

The Global Gas Engine Market was valued at USD 3.41 billion in 2016 and is projected to reach USD 5.90 billion by 2025, growing at a CAGR of 6.23% from 2017 to 2025.

Market Dynamics:

1. Market Drivers
1.1 Rising trend of distributed power generation
1.2 Increasing shift toward gas-fired power plants
1.3 Declining natural gas prices
1.4 Carbon emission reduction targets
1.5 Rise in clean and efficient power generation technology
2. Market Restraints
2.1 Limited natural gas reserves
2.2 Infrastructure concerns
2.3 Changing prices

Get a Free Sample Copy of this Report @ https://www.planetmarketreports.com/report-sample/global-gas-engine-market-8577

Market Segmentation:

The Global Gas Engine Market is segmented on the power output, fuel type, end user, application, and region.

1. Power Output:

1.1 0.5 MW–1 MW
1.2 1 MW–2 MW
1.3 2 MW–5 MW
1.4 5 MW–10 MW
1.5 10 MW–20 MW

2. By Fuel Type:

2.1 Natural Gas
2.2 Special Gas
2.3 Others

To check what all this Report Offers get a Free Sample and on Buying this Report Get 20% OFF

3. By End User:

3.1 Manufacturing
3.2 Oil & Gas
3.3 Utilities
3.4 Others

4. By Application:

4.1 Co-generation
4.2 Power Generation
4.3 Others

5. By Region:

5.1 North America U.S., Canada, Mexico
5.2 Europe Germany, UK, France, Rest of Europe
5.3 Asia Pacific China, India, Japan, Rest of Asia Pacific
5.4 Latin America Brazil, Argentina, Rest of Latin America
5.5 Middle East & Africa

Competitive Landscape:

The major players in the market are as follows:

1. General Electric Company
2. Wartsila Corporation
3. Cummins Inc.
4. MAN SE
5. Kawasaki Heavy Industries, Ltd.
6. JFE Holdings, Inc.
7. Niigata Power Systems Co., Ltd
8. Caterpillar, Inc.
9. Rolls-Royce Holdings Plc
10. Siemens AG
11. Mitsubishi Heavy Industries, Ltd.
12. Liebherr Group
13. Hyundai Heavy Industries Co., Ltd.

Get More Information about this Report and TOC @ https://www.planetmarketreports.com/reports/global-gas-engine-market-8577

These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
Research Methodology of Planet Market Reports
Research study on the Global Gas Engine Market was performed in five phases which include Secondary research, Primary research, subject matter expert advice, quality check and final review.
The market data was analyzed and forecasted using market statistical and coherent models. Also market shares and key trends were taken into consideration while making the report. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis.

To know more about the Research Methodology of Planet Market Reports and other aspects of the research study, kindly get in touch with our sales team.

Customization of this Report can be done as per client’s requirements.

Contact Us:

Name: Jennifer Daniel

Email-Id: sales@planetmarketreports.com

US: +1-716-2260907

UK: +447441952057

Organization: Planet Market Reports

Sid

Recent Posts

Challenges facing the Construction Industry (MENA) Post Pandemic 2021

As the world economy struggles to recover from the pandemic, the vaccination drive spells hope…

3 years ago

UAE firms need a bridge to International Markets says Xentrix Global

UAE based companies and agencies have no option but to penetrate new markets more effectively…

3 years ago

Forecast of Global Sodium Chloride Injection Market Analysis 2015-2019

Latest Report on Global Sodium Chloride Injection including Market Landscape, and Market size, Revenues by…

3 years ago

2020-2025 Global Varicose Vein Treatment Devices Market Forecast and Market Analysis of 2015-2019

Latest Report on Global Varicose Vein Treatment Devices including Market Landscape, and Market size, Revenues…

3 years ago

Colorectal Cancer Therapeutics Market Forecast Report for 2020-2025

Latest Report on Global Colorectal Cancer Therapeutics Market including Market Landscape, and Market size, Revenues by players,…

3 years ago

International Schools Partnership invites Students to Share their Love for the UAE through Poetry

To celebrate World Poetry Day, International Schools Partnership (ISP) has launched a student Poetry Contest…

4 years ago