EUROPE GAS ENGINES MARKET FORECAST 2017-2025
KEY FINDINGS
The European regional market is leading the current global market scene. The market generated a revenue of $1346 million in 2016 and is predicted to generate $3244 million by 2025, growing at a CAGR of 10.31%. The country of Germany commands the European gas engine market.
MARKET INSIGHTS
The transit of energy focus from coal to natural gas, rising demand for clean energy, and the interim shutting of nuclear power plants in the region, are some of the primary drivers for the European market. The market segmentation is done on the basis of Power (0.5 MW-1.0 MW, 1.0 MW-2.0 MW, 2.0 MW-5.0 MW, 5.0 MW-10.0 MW, 10.0 MW-20.0 MW), end-users(oil & gas, manufacturing, utilities), application (co-generation, power generation, etc) and fuel type ( natural gas, special gas, etc).
COMPETITIVE INSIGHTS
Some of the key players in the market include General Electric Company, Wärtsilä Corporation, Deutz Aktiengesellschaft, Clarke Energy, Doosan Infracore Co, Caterpillar Inc, etc.
The European regional market is leading the current global market scene. The market generated a revenue of $1346 million in 2016 and is predicted to generate $3244 million by 2025, growing at a CAGR of 10.31%. The country of Germany commands the European gas engine market.
MARKET INSIGHTS
The transit of energy focus from coal to natural gas, rising demand for clean energy, and the interim shutting of nuclear power plants in the region, are some of the primary drivers for the European market. The market segmentation is done on the basis of Power (0.5 MW-1.0 MW, 1.0 MW-2.0 MW, 2.0 MW-5.0 MW, 5.0 MW-10.0 MW, 10.0 MW-20.0 MW), end-users(oil & gas, manufacturing, utilities), application (co-generation, power generation, etc) and fuel type ( natural gas, special gas, etc).
COMPETITIVE INSIGHTS
Some of the key players in the market include General Electric Company, Wärtsilä Corporation, Deutz Aktiengesellschaft, Clarke Energy, Doosan Infracore Co, Caterpillar Inc, etc.
1. RESEARCH SCOPE
1.1. STUDY GOALS
1.2. SCOPE OF THE MARKET STUDY
1.3. WHO WILL FIND THIS REPORT USEFUL?
1.4. STUDY AND FORECASTING YEARS
2. RESEARCH METHODOLOGY
2.1. SOURCES OF DATA
2.1.1. SECONDARY DATA
2.1.2. PRIMARY DATA
2.2. TOP DOWN APPROACH
2.3. BOTTOM UP APPROACH
2.4. DATA TRIANGULATION
2.5. ESTIMATION METHODOLOGY
3. EXECUTIVE SUMMARY
3.1. MARKET SUMMARY
3.2. KEY FINDINGS
3.2.1. EUROPE BEING THE MARKET-LEADER DOMINATES THE GLOBAL GAS ENGINE MARKET
3.2.2. SPAIN IS THE FASTEST GROWING COUNTRY
3.2.3. POWER GENERATION ACCOUNTING TO MORE THAN 59% MARKET SHARE OF GAS ENGINES MARKET BY APPLICATION
4. MARKET OVERVIEW
4.1. MARKET DEFINITION
4.2. DRIVERS
4.2.1. UNRELENTING DROP IN GAS PRICES LEADING TO INCREASE IN THE DEMAND FOR GAS ENGINES
4.2.2. INCREASING USE OF NATURAL GAS IN THE POWER INDUSTRY
4.2.3. INCREASING ENVIRONMENTAL CONCERNS
4.2.4. TECHNOLOGICAL ADVANCEMENTS LEADING TO EFFICIENT POWER GENERATION
4.2.5. MARINE APPLICATION FUELING DEMAND FOR GAS ENGINES
4.3. RESTRAINTS
4.3.1. IRREGULARITIES IN NATURAL GAS RESERVES AND SUPPLIES DUE TO REGIONAL INSTABILITY
4.3.2. SECURITY AND INFRASTRUCTURE CONCERNS
4.3.3. LARGE PRICE DIFFERENCE BETWEEN ALTERNATIVE FUELS
4.4. OPPORTUNITIES
4.4.1. GROWING TREND OF DISTRIBUTED POWER GENERATION
4.4.2. SHIFTING TOWARDS GAS-FIRED POWER PLANTS
4.5. CHALLENGES
4.5.1. DEPLETING NATURAL GAS RESERVES
4.5.2. MACRO ECONOMIC FACTORS
4.5.3. STRICT REGULATIONS
5. EUROPE GAS ENGINE MARKET BY FUEL TYPE 2017-2025 ($ MILLION)
5.1. NATURAL GAS
5.2. SPECIAL GAS
5.3. OTHER GAS
6. EUROPE GAS ENGINE MARKET BY APPLICATION 2017-2025 ($ MILLION)
6.1. POWER GENERATION
6.2. CO-GENERATION
6.3. OTHER APPLICATIONS
7. EUROPE GAS ENGINES MARKET BY END-USER 2017-2025 ($ MILLION)
7.1. UTILITIES
7.2. MANUFACTURING
7.3. OIL AND GAS
7.4. OTHER END USERS
8. EUROPE GAS ENGINES MARKET BY POWER 2017-2025 ($ MILLION)
8.1. 0.5 MW-1.0 MW
8.2. 1.0 MW-2.0 MW
8.3. 2.0 MW- 5.0 MW
8.4. 5.0 MW-10.0 MW
8.5. 10.0 MW-20.0 MW
9. KEY ANALYTICS
9.1. PORTERS 5 FORCE ANALYSIS
9.1.1. THREAT OF NEW ENTRANTS
9.1.2. THREAT OF SUBSTITUTE PRODUCTS
9.1.3. BARGAINING POWER OF BUYERS
9.1.4. BARGAINING POWER OF SUPPLIERS
9.1.5. INTENSITY OF COMPETITIVE RIVALRY
9.2. KEY BUYING CRITERIA
9.2.1. COST
9.2.2. EFFICIENCY
9.2.3. EMISSION
9.2.4. MAINTENANCE
9.2.5. FLEXIBILITY
9.3. VENDOR LANDSCAPE
9.4. OPPORTUNITY MATRIX
10. EUROPE GAS ENGINES MARKET BY COUNTRIES 2017-2025 ($ MILLION)
10.1. UK
10.2. FRANCE
10.3. SPAIN
10.4. ITALY
10.5. GERMANY
10.6. ROE
11. COMPETITIVE LANDSCAPE
11.1. MARKET SHARE ANALYSIS
11.2. LIST OF TOP WINNING STRATEGIES
11.3. COMPANY PROFILES
11.3.1. CATERPILLAR INC.
11.3.2. CUMMINS INC.
11.3.3. DEUTZ AKTIENGESELLSCHAFT
11.3.4. DOOSAN INFRACORE CO., LTD.
11.3.5. FAIRBANKS MORSE ENGINE
11.3.6. GENERAL ELECTRIC COMPANY
11.3.7. HYUNDAI HEAVY INDUSTRIES CO., LTD.
11.3.8. KAWASAKI HEAVY INDUSTRIES, LTD.
11.3.9. MAN SE
11.3.10. IHI CORPORATION
11.3.11. MITSUBISHI HEAVY INDUSTRIES, LTD.
11.3.12. ROLLS-ROYCE HOLDINGS PLC
11.3.13. WÄRTSILÄ CORPORATION
11.3.14. 3W INTERNATIONAL GMBH
11.3.15. YANMAR CO., LTD.
11.3.16. CLARKE ENERGY
11.3.17. CHINA YUCHAI INTERNATIONAL LIMITED
1.1. STUDY GOALS
1.2. SCOPE OF THE MARKET STUDY
1.3. WHO WILL FIND THIS REPORT USEFUL?
1.4. STUDY AND FORECASTING YEARS
2. RESEARCH METHODOLOGY
2.1. SOURCES OF DATA
2.1.1. SECONDARY DATA
2.1.2. PRIMARY DATA
2.2. TOP DOWN APPROACH
2.3. BOTTOM UP APPROACH
2.4. DATA TRIANGULATION
2.5. ESTIMATION METHODOLOGY
3. EXECUTIVE SUMMARY
3.1. MARKET SUMMARY
3.2. KEY FINDINGS
3.2.1. EUROPE BEING THE MARKET-LEADER DOMINATES THE GLOBAL GAS ENGINE MARKET
3.2.2. SPAIN IS THE FASTEST GROWING COUNTRY
3.2.3. POWER GENERATION ACCOUNTING TO MORE THAN 59% MARKET SHARE OF GAS ENGINES MARKET BY APPLICATION
4. MARKET OVERVIEW
4.1. MARKET DEFINITION
4.2. DRIVERS
4.2.1. UNRELENTING DROP IN GAS PRICES LEADING TO INCREASE IN THE DEMAND FOR GAS ENGINES
4.2.2. INCREASING USE OF NATURAL GAS IN THE POWER INDUSTRY
4.2.3. INCREASING ENVIRONMENTAL CONCERNS
4.2.4. TECHNOLOGICAL ADVANCEMENTS LEADING TO EFFICIENT POWER GENERATION
4.2.5. MARINE APPLICATION FUELING DEMAND FOR GAS ENGINES
4.3. RESTRAINTS
4.3.1. IRREGULARITIES IN NATURAL GAS RESERVES AND SUPPLIES DUE TO REGIONAL INSTABILITY
4.3.2. SECURITY AND INFRASTRUCTURE CONCERNS
4.3.3. LARGE PRICE DIFFERENCE BETWEEN ALTERNATIVE FUELS
4.4. OPPORTUNITIES
4.4.1. GROWING TREND OF DISTRIBUTED POWER GENERATION
4.4.2. SHIFTING TOWARDS GAS-FIRED POWER PLANTS
4.5. CHALLENGES
4.5.1. DEPLETING NATURAL GAS RESERVES
4.5.2. MACRO ECONOMIC FACTORS
4.5.3. STRICT REGULATIONS
5. EUROPE GAS ENGINE MARKET BY FUEL TYPE 2017-2025 ($ MILLION)
5.1. NATURAL GAS
5.2. SPECIAL GAS
5.3. OTHER GAS
6. EUROPE GAS ENGINE MARKET BY APPLICATION 2017-2025 ($ MILLION)
6.1. POWER GENERATION
6.2. CO-GENERATION
6.3. OTHER APPLICATIONS
7. EUROPE GAS ENGINES MARKET BY END-USER 2017-2025 ($ MILLION)
7.1. UTILITIES
7.2. MANUFACTURING
7.3. OIL AND GAS
7.4. OTHER END USERS
8. EUROPE GAS ENGINES MARKET BY POWER 2017-2025 ($ MILLION)
8.1. 0.5 MW-1.0 MW
8.2. 1.0 MW-2.0 MW
8.3. 2.0 MW- 5.0 MW
8.4. 5.0 MW-10.0 MW
8.5. 10.0 MW-20.0 MW
9. KEY ANALYTICS
9.1. PORTERS 5 FORCE ANALYSIS
9.1.1. THREAT OF NEW ENTRANTS
9.1.2. THREAT OF SUBSTITUTE PRODUCTS
9.1.3. BARGAINING POWER OF BUYERS
9.1.4. BARGAINING POWER OF SUPPLIERS
9.1.5. INTENSITY OF COMPETITIVE RIVALRY
9.2. KEY BUYING CRITERIA
9.2.1. COST
9.2.2. EFFICIENCY
9.2.3. EMISSION
9.2.4. MAINTENANCE
9.2.5. FLEXIBILITY
9.3. VENDOR LANDSCAPE
9.4. OPPORTUNITY MATRIX
10. EUROPE GAS ENGINES MARKET BY COUNTRIES 2017-2025 ($ MILLION)
10.1. UK
10.2. FRANCE
10.3. SPAIN
10.4. ITALY
10.5. GERMANY
10.6. ROE
11. COMPETITIVE LANDSCAPE
11.1. MARKET SHARE ANALYSIS
11.2. LIST OF TOP WINNING STRATEGIES
11.3. COMPANY PROFILES
11.3.1. CATERPILLAR INC.
11.3.2. CUMMINS INC.
11.3.3. DEUTZ AKTIENGESELLSCHAFT
11.3.4. DOOSAN INFRACORE CO., LTD.
11.3.5. FAIRBANKS MORSE ENGINE
11.3.6. GENERAL ELECTRIC COMPANY
11.3.7. HYUNDAI HEAVY INDUSTRIES CO., LTD.
11.3.8. KAWASAKI HEAVY INDUSTRIES, LTD.
11.3.9. MAN SE
11.3.10. IHI CORPORATION
11.3.11. MITSUBISHI HEAVY INDUSTRIES, LTD.
11.3.12. ROLLS-ROYCE HOLDINGS PLC
11.3.13. WÄRTSILÄ CORPORATION
11.3.14. 3W INTERNATIONAL GMBH
11.3.15. YANMAR CO., LTD.
11.3.16. CLARKE ENERGY
11.3.17. CHINA YUCHAI INTERNATIONAL LIMITED
LIST OF TABLES
TABLE 1 EUROPE GAS ENGINES MARKET BY COUNTRIES 2017-2025 ($ MILLION)
TABLE 2 NATURAL GAS PRICES (DOLLARS PER THOUSAND CUBIC FEET)
TABLE 3 COMPARISON OF CARBON DIOXIDE EMISSION LEVELS FOR DIFFERENT FUELS FOR 2012 AND 2014 (MILLION METRIC TONS)
TABLE 4 DISTRIBUTED POWER GROWTH ACCORDING TO 2000, 2012 AND 2020
TABLE 5 EUROPE GAS ENGINE MARKET BY FUEL TYPE 2017-2025 ($ MILLION)
TABLE 6 EUROPE GAS ENGINE MARKET BY APPLICATION 2017-2025 ($ MILLION)
TABLE 7 EUROPE GAS ENGINES MARKET BY END-USER 2017-2025 ($ MILLION)
TABLE 8 EUROPE GAS ENGINES MARKET BY POWER 2017-2025 ($ MILLION)
TABLE 9 EUROPE GAS ENGINES MARKET BY COUNTRIES 2017-2025 ($ MILLION)
TABLE 1 EUROPE GAS ENGINES MARKET BY COUNTRIES 2017-2025 ($ MILLION)
TABLE 2 NATURAL GAS PRICES (DOLLARS PER THOUSAND CUBIC FEET)
TABLE 3 COMPARISON OF CARBON DIOXIDE EMISSION LEVELS FOR DIFFERENT FUELS FOR 2012 AND 2014 (MILLION METRIC TONS)
TABLE 4 DISTRIBUTED POWER GROWTH ACCORDING TO 2000, 2012 AND 2020
TABLE 5 EUROPE GAS ENGINE MARKET BY FUEL TYPE 2017-2025 ($ MILLION)
TABLE 6 EUROPE GAS ENGINE MARKET BY APPLICATION 2017-2025 ($ MILLION)
TABLE 7 EUROPE GAS ENGINES MARKET BY END-USER 2017-2025 ($ MILLION)
TABLE 8 EUROPE GAS ENGINES MARKET BY POWER 2017-2025 ($ MILLION)
TABLE 9 EUROPE GAS ENGINES MARKET BY COUNTRIES 2017-2025 ($ MILLION)
LIST OF FIGURES
FIGURE 1 EUROPE GAS ENGINES MARKET BY END USERS 2017-2025 ($ MILLION)
FIGURE 2 POWER GENERATION TECHNOLOGY SOURCES OF 2015
FIGURE 3 EUROPE GAS ENGINE MARKET IN NATURAL GAS 2017-2025 ($ MILLION)
FIGURE 4 EUROPE GAS ENGINE MARKET IN SPECIAL GAS 2017-2025 ($ MILLION)
FIGURE 5 EUROPE GAS ENGINE MARKET IN OTHER GAS 2017-2025 ($ MILLION)
FIGURE 6 EUROPE GAS ENGINES MARKET IN POWER GENERATION 2017-2025 ($ MILLION)
FIGURE 7 EUROPE GAS ENGINES MARKET IN CO-GENERATION 2017-2025 ($ MILLION)
FIGURE 8 EUROPE GAS ENGINES MARKET IN OTHER APPLICATIONS 2017-2025 ($ MILLION)
FIGURE 9 EUROPE GAS ENGINES MARKET IN UTILITIES 2017-2025 ($ MILLION)
FIGURE 10 EUROPE GAS ENGINES MARKET IN MANUFACTURING 2017-2025 ($ MILLION)
FIGURE 11 EUROPE GAS ENGINES MARKET IN OIL AND GAS 2017-2025 ($ MILLION)
FIGURE 12 EUROPE GAS ENGINES MARKET IN OTHER END USERS 2017-2025 ($ MILLION)
FIGURE 13 EUROPE GAS ENGINES MARKET IN 0.5 MW-1.0 MW 2017-2025 ($ MILLION)
FIGURE 14 EUROPE GAS ENGINES MARKET IN 1.0 MW-2.0 MW 2017-2025 ($ MILLION)
FIGURE 15 EUROPE GAS ENGINES MARKET IN 2.0 MW- 5.0 MW 2017-2025 ($ MILLION)
FIGURE 16 EUROPE GAS ENGINES MARKET IN 5.0 MW-10.0 MW 2017-2025 ($ MILLION)
FIGURE 17 EUROPE GAS ENGINES MARKET IN 10.0 MW-20.0 MW 2017-2025 ($ MILLION)
FIGURE 18 UK GAS ENGINES MARKET 2017-2025 ($ MILLION)
FIGURE 19 FRANCE GAS ENGINES MARKET 2017-2025 ($ MILLION)
FIGURE 20 GERMANY GAS ENGINES MARKET 2017-2025 ($ MILLION)
FIGURE 21 SPAIN GAS ENGINES MARKET 2017-2025 ($ MILLION)
FIGURE 22 ITALY GAS ENGINES MARKET 2017-2025 ($ MILLION)
FIGURE 23 ROE GAS ENGINES MARKET 2017-2025 ($ MILLION)
FIGURE 24 MARKET SHARE ANALYSIS OF KEY PLAYERS 2016 (%)
FIGURE 1 EUROPE GAS ENGINES MARKET BY END USERS 2017-2025 ($ MILLION)
FIGURE 2 POWER GENERATION TECHNOLOGY SOURCES OF 2015
FIGURE 3 EUROPE GAS ENGINE MARKET IN NATURAL GAS 2017-2025 ($ MILLION)
FIGURE 4 EUROPE GAS ENGINE MARKET IN SPECIAL GAS 2017-2025 ($ MILLION)
FIGURE 5 EUROPE GAS ENGINE MARKET IN OTHER GAS 2017-2025 ($ MILLION)
FIGURE 6 EUROPE GAS ENGINES MARKET IN POWER GENERATION 2017-2025 ($ MILLION)
FIGURE 7 EUROPE GAS ENGINES MARKET IN CO-GENERATION 2017-2025 ($ MILLION)
FIGURE 8 EUROPE GAS ENGINES MARKET IN OTHER APPLICATIONS 2017-2025 ($ MILLION)
FIGURE 9 EUROPE GAS ENGINES MARKET IN UTILITIES 2017-2025 ($ MILLION)
FIGURE 10 EUROPE GAS ENGINES MARKET IN MANUFACTURING 2017-2025 ($ MILLION)
FIGURE 11 EUROPE GAS ENGINES MARKET IN OIL AND GAS 2017-2025 ($ MILLION)
FIGURE 12 EUROPE GAS ENGINES MARKET IN OTHER END USERS 2017-2025 ($ MILLION)
FIGURE 13 EUROPE GAS ENGINES MARKET IN 0.5 MW-1.0 MW 2017-2025 ($ MILLION)
FIGURE 14 EUROPE GAS ENGINES MARKET IN 1.0 MW-2.0 MW 2017-2025 ($ MILLION)
FIGURE 15 EUROPE GAS ENGINES MARKET IN 2.0 MW- 5.0 MW 2017-2025 ($ MILLION)
FIGURE 16 EUROPE GAS ENGINES MARKET IN 5.0 MW-10.0 MW 2017-2025 ($ MILLION)
FIGURE 17 EUROPE GAS ENGINES MARKET IN 10.0 MW-20.0 MW 2017-2025 ($ MILLION)
FIGURE 18 UK GAS ENGINES MARKET 2017-2025 ($ MILLION)
FIGURE 19 FRANCE GAS ENGINES MARKET 2017-2025 ($ MILLION)
FIGURE 20 GERMANY GAS ENGINES MARKET 2017-2025 ($ MILLION)
FIGURE 21 SPAIN GAS ENGINES MARKET 2017-2025 ($ MILLION)
FIGURE 22 ITALY GAS ENGINES MARKET 2017-2025 ($ MILLION)
FIGURE 23 ROE GAS ENGINES MARKET 2017-2025 ($ MILLION)
FIGURE 24 MARKET SHARE ANALYSIS OF KEY PLAYERS 2016 (%)
