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New study: Gas engine market to grow at 10.60% CAGR during 2017-2025

New study: Gas engine market to grow at 10.60% CAGR during 2017-2025

A new research on Gas engine market is covering analysis, competitive landscape, market forecast and strategies. The report covers geographic analysis includes North America, Europe, Asia-Pacific.

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Gas Engine Market is poised to increase with 10.60% CAGR between the years 2017-2025. The base year considered for the study is 2016 and the forecast period is 2017-2025.

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Some of the key factors driving the Global Gas Engines Market include the growing environmental concerns, consistent drop in gas prices, growing use of natural gas in power industry, and the various technological advancements.

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Gas engine market players include Caterpillar Inc, Cummins Inc, Deutz Aktiengesellschaft, Doosan Infracore Co., Ltd, Fairbanks Morse Engine, General Electric Company, Hyundai Heavy Industries Co., Ltd, Kawasaki Heavy Industries, Ltd, Man Se, Ihi Corporation, Mitsubishi Heavy Industries, Ltd, Rolls-Royce Holdings Plc, Wärtsilä Corporation, 3w International Gmbh, Yanmar Co., Ltd, Clarke Energy, China Yuchai International Limited.

The global Gas engine market segmentation is done based on the end-users, fuel type, applications, and power. The end-users include manufacturing, utilities, oil & gas.

The fuel type may be classified into special gas, natural gas,. The application is further segmented into power generation, co-generation,.

The power segments include power ranges between- 0.5 MW-1.0 MW, 1.0 MW-2.0 MW, 2.0 MW-5.0 MW, 5.0 MW-10.0 MW and 10.0 MW-20.0 MW.

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Market Opportunities: Growing Trend of Distributed Power Generation and Shifting Towards Gas-Fired Power Plants

Market Challenges: Depleting Natural Gas Reserves, Macro Economic Factors and Strict Regulations

Market Drivers: Unrelenting Drop In Gas Prices Leading To Increase In the Demand For Gas Engines, Increasing Use of Natural Gas In the Power Industry, Increasing Environmental Concerns, Technological Advancements Leading To Efficient Power Generation, Marine Application Fueling Demand For Gas Engines

List of Figures
Figure 1 Global Gas Engines Market By End Users 2017-2025 ($ Million)
Figure 2 Global Energy Demand (Quadrillion Billion Thermal Units)
Figure 3 World Electricity Demand (Twh)
Figure 4 Power Generation Technology Sources of 2015
Figure 5 Globally Installed Gas-Fired Generation Capacity and Consumption (In Gw)
Figure 6 Proven Natural Gas Reserves
Figure 7 Global Gas Engine Market In Natural Gas 2017-2025 ($ Million)
Figure 8 Global Gas Engine Market In Special Gas 2017-2025 ($ Million)
Figure 9 Global Gas Engine Market In Other Gas 2017-2025 ($ Million)
Figure 10 Global Gas Engines Market In Power Generation 2017-2025 ($ Million)
Figure 11 Global Gas Engines Market In Co-Generation 2017-2025 ($ Million)
Figure 12 Global Gas Engines Market In Other Applications 2017-2025 ($ Million)
Figure 13 Global Gas Engines Market In Utilities 2017-2025 ($ Million)
Figure 14 Global Gas Engines Market In Manufacturing 2017-2025 ($ Million) and more..

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