Global Gas Engine Market: Research Study 2015-2019

2015-09-16
Price :
Published : Sep-2015
No. of Pages : 61

A gas engine is essentially an internal combustion engine that generates motive power by using a variety of natural gasses as fuel. The basic components of a gas engine generator includes a heat exchanger, an engine, control panels, and a generator. Natural gas, used as fuel in gas engines, is a versatile, clean-burning, and efficient fuel that is used in a wide variety of applications spanning the power generation sector, the residential and commercial building sector, and the industrial sector.

Vendors have invested significant R&D efforts to improve gas engine shaft efficiency over the last decade. This was done with a view to help end-users achieve fuel savings and generate less environmental impact. An improved combustion process has reduced NOx and UHC (Unburned Hydrocarbons) emissions. Market vendors are also trying to include after-treatment of the exhaust in their overall product offering in a bid to comply with emissions limits. So, the inclusion of post-exhaust treatment equipment in vendor product portfolios and the after-market sales for older engines will likely ensure stable market growth.

The analysts forecast global gas engine market to grow at a CAGR of 7.85% over the period 2014-2019.

Covered in this report

The report includes the present scenario and the growth prospects of the global gas engine market for the period 2015-2019. The market can be segmented into three divisions: low, medium, and high-voltage disconnect switches.

The report, Global Gas Engine Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers market in the APAC, Americas, and EMEA; it also covers the landscape of the global gas engine market and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.

Key regions

  • APAC
  • Americas
  • EMEA

Key vendors

  • Caterpillar Inc.
  • GE Co.
  • Hyundai Heavy Industries Co. Ltd.
  • Kawasaki Heavy Industries Ltd.
  • Rolls-Royce Holdings Plc.

Other prominent vendors

  • Cummins
  • Deutz
  • Doosan
  • Fairbanks Morse Engine
  • Guascor Power
  • MAN
  • Wartsila
  • Yanmar

Key market driver

  • Demand for natural gas transportation
  • For a full, detailed list, view our report

Key market challenge

  • Risk associated with the gas engine oil formulation
  • For a full, detailed list, view our report

Key market trend

  • Emergence of dual-fuel engine
  • For a full, detailed list, view our report

Key questions answered in this report

  • What will the market size be in 2019 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?
Filed in: Manufacturing
Publisher : Technavio
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