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GLOBAL GAS ENGINES MARKET FORECAST 2017-2025

August 2017 | 155 pages | ID: G074B8AA630EN
Inkwood Research

US$ 2,500.00

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KEY FINDINGS

The Global 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. 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.

MARKET INSIGHTS

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, etc. The application is further segmented into power generation, co-generation, etc. 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.

REGIONAL INSIGHTS

The global Gas engine market is segmented into four major regions that includes North America (U.S. & Canada), Europe (UK, France, Germany, Spain, Italy and RoE), Asia-Pacific (China, India, Japan, and RoAPAC) and the rest of the world (Latin America, MENA and Africa). Of these, the European market is anticipated to hold the highest share all throughout the forecast period with Germany being the major contributor. Moreover, the region of Asia-Pacific is expected to exhibit the fastest growth over the forecast period owing to the continuous production and consumption of natural gas in the region.

COMPETITIVE INSIGHTS

Product launch is the primary strategy undertaken by the various market players of global Gas engine market along with mergers and acquisitions. Some of these 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.
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. INDIA 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. GLOBAL GAS ENGINE MARKET BY FUEL TYPE 2017-2025 ($ MILLION)

5.1. NATURAL GAS
5.2. SPECIAL GAS
5.3. OTHER GAS

6. GLOBAL GAS ENGINE MARKET BY APPLICATION 2017-2025 ($ MILLION)

6.1. POWER GENERATION
6.2. CO-GENERATION
6.3. OTHER APPLICATIONS

7. GLOBAL 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. GLOBAL 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. GLOBAL GAS ENGINES MARKET BY GEOGRAPHY 2017-2025 ($ MILLION)

10.1. NORTH AMERICA
  10.1.1. UNITED STATES (U.S.)
  10.1.2. CANADA
10.2. EUROPE
  10.2.1. UK
  10.2.2. FRANCE
  10.2.3. GERMANY
  10.2.4. SPAIN
  10.2.5. ITALY
  10.2.6. ROE
10.3. ASIA PACIFIC
  10.3.1. INDIA
  10.3.2. CHINA
  10.3.3. JAPAN
  10.3.4. ROAPAC
10.4. REST OF THE WORLD
  10.4.1. LATIN AMERICA
  10.4.2. MENA
  10.4.3. AFRICA

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 GLOBAL GAS ENGINES MARKET BY GEOGRAPHY 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 GLOBAL GAS ENGINE MARKET BY FUEL TYPE 2017-2025 ($ MILLION)
TABLE 6 GLOBAL GAS ENGINE MARKET IN NATURAL GAS BY REGION 2017-2025 ($ MILLION)
TABLE 7 GLOBAL GAS ENGINE MARKET IN SPECIAL GAS BY REGION 2017-2025 ($ MILLION)
TABLE 8 GLOBAL GAS ENGINE MARKET IN OTHER GAS BY REGION 2017-2025 ($ MILLION)
TABLE 9 GLOBAL GAS ENGINE MARKET BY APPLICATION 2017-2025 ($ MILLION)
TABLE 10 GLOBAL GAS ENGINES MARKET IN POWER GENERATION BY REGION 2017-2025 ($ MILLION)
TABLE 11 GLOBAL GAS ENGINES MARKET IN CO-GENERATION BY REGION 2017-2025 ($ MILLION)
TABLE 12 GLOBAL GAS ENGINES MARKET IN OTHER APPLICATIONS BY REGION 2017-2025 ($ MILLION)
TABLE 13 GLOBAL GAS ENGINES MARKET BY END-USER 2017-2025 ($ MILLION)
TABLE 14 GLOBAL GAS ENGINES MARKET IN UTILITIES BY REGION 2017-2025 ($ MILLION)
TABLE 15 GLOBAL GAS ENGINES MARKET IN MANUFACTURING BY REGION 2017-2025 ($ MILLION)
TABLE 16 GLOBAL GAS ENGINES MARKET IN OIL AND GAS BY REGION 2017-2025 ($ MILLION)
TABLE 17 GLOBAL GAS ENGINES MARKET IN OTHER END USERS BY REGION 2017-2025 ($ MILLION)
TABLE 18 GLOBAL GAS ENGINES MARKET BY POWER 2017-2025 ($ MILLION)
TABLE 19 GLOBAL GAS ENGINES MARKET IN 0.5 MW-1.0 MW BY REGION 2017-2025 ($ MILLION)
TABLE 20 GLOBAL GAS ENGINES MARKET IN 1.0 MW-2.0 MW BY REGION 2017-2025 ($ MILLION)
TABLE 21 GLOBAL GAS ENGINES MARKET IN 2.0 MW- 5.0 MW BY REGION 2017-2025 ($ MILLION)
TABLE 22 GLOBAL GAS ENGINES MARKET IN 5.0 MW-10.0 MW BY REGION 2017-2025 ($ MILLION)
TABLE 23 GLOBAL GAS ENGINES MARKET IN 10.0 MW-20.0 MW BY REGION 2017-2025 ($ MILLION)
TABLE 24 GLOBAL GAS ENGINES MARKET BY GEOGRAPHY 2017-2025 ($ MILLION)
TABLE 25 NORTH AMERICA GAS ENGINE MARKET BY COUNTRIES 2017-2025 ($ MILLION)
TABLE 26 EUROPE GAS ENGINES MARKET BY COUNTRIES 2017-2025 ($ MILLION)
TABLE 27 ASIA PACIFIC GAS ENGINES MARKET ACROSS COUNTRIES 2017-2025 ($ MILLION)
TABLE 28 REST OF THE WORLD GAS ENGINES MARKET 2017-2025 ($ MILLION)

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)
FIGURE 15 GLOBAL GAS ENGINES MARKET IN OIL AND GAS 2017-2025 ($ MILLION)
FIGURE 16 GLOBAL GAS ENGINES MARKET IN OTHER END USERS 2017-2025 ($ MILLION)
FIGURE 17 GLOBAL GAS ENGINES MARKET IN 0.5 MW-1.0 MW 2017-2025 ($ MILLION)
FIGURE 18 GLOBAL GAS ENGINES MARKET IN 1.0 MW-2.0 MW 2017-2025 ($ MILLION)
FIGURE 19 GLOBAL GAS ENGINES MARKET IN 2.0 MW- 5.0 MW 2017-2025 ($ MILLION)
FIGURE 20 GLOBAL GAS ENGINES MARKET IN 5.0 MW-10.0 MW 2017-2025 ($ MILLION)
FIGURE 21 GLOBAL GAS ENGINES MARKET IN 10.0 MW-20.0 MW 2017-2025 ($ MILLION)
FIGURE 22 US GAS ENGINES MARKET 2017-2025 ($ MILLION)
FIGURE 23 CANADA GAS ENGINES MARKET 2017-2025 ($ MILLION)
FIGURE 24 UK GAS ENGINES MARKET 2017-2025 ($ MILLION)
FIGURE 25 FRANCE GAS ENGINES MARKET 2017-2025 ($ MILLION)
FIGURE 26 GERMANY GAS ENGINES MARKET 2017-2025 ($ MILLION)
FIGURE 27 SPAIN GAS ENGINES MARKET 2017-2025 ($ MILLION)
FIGURE 28 ITALY GAS ENGINES MARKET 2017-2025 ($ MILLION)
FIGURE 29 ROE GAS ENGINES MARKET 2017-2025 ($ MILLION)
FIGURE 30 ASIA PACIFIC NATURAL GAS PRODUCTION ACROSS COUNTRIES 2014-2015 (BILLION CUBIC METERS)
FIGURE 31 ELECTRICITY CONSUMPTION IN ASIA PACIFIC REGION BY COUNTRIES 2015 (TWH)
FIGURE 32 INDIA NATURAL GAS PRODUCTION 2005-2016 (BILLION CUBIC METERS)
FIGURE 33 INDIA GAS ENGINES MARKET 2017-2025 ($ MILLION)
FIGURE 34 CHINA ELECTRICITY DOMESTIC CONSUMPTION (TWH)
FIGURE 35 CHINA GAS ENGINES MARKET 2017-2025 ($ MILLION)
FIGURE 36 JAPAN GAS ENGINES MARKET 2017-2025 ($ MILLION)
FIGURE 37 ROAPAC GAS ENGINES MARKET 2017-2025 ($ MILLION)
FIGURE 38 NATURAL GAS CONSUMPTION ACROSS REGIONS 2015 (BILLION CUBIC METERS)
FIGURE 39 LATIN AMERICA GAS ENGINES MARKET 2017-2025 ($ MILLION)
FIGURE 40 ELECTRICITY CONSUMPTION IN MIDDLE EAST 2012-2015 (TWH)
FIGURE 41 MENA GAS ENGINES MARKET 2017-2025 ($ MILLION)
FIGURE 42 AFRICA GAS ENGINES MARKET 2017-2025 ($ MILLION)
FIGURE 43 MARKET SHARE ANALYSIS OF KEY PLAYERS 2016 (%)


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