Automotive and Transportation

Global Gas Engine Market: Research Study 2015-2019

  • TEC330732
  • 61 Pages
  • September 2015
  • Automotive and Transportation
About gas engine
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.

Technavio's analysts forecast the 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.

Technavio's 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

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

Other prominent vendors
Fairbanks Morse Engine
Guascor Power

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?
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