Gas Engine Market by Fuel Type (Natural Gas & Special Gas), Application (Power Generation, Co-generation, & Mechanical Drive), End-User (Utilities, Manufacturing, & Oil & Gas), Power Output, and Region - Global Forecast to 2022

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Date: 30-Aug-2017
No. of pages: 184
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“The gas engine market is projected to grow at a CAGR of 6.12% from 2017 to 2022.”

The gas engine market is projected to reach USD 4.76 billion by 2022, growing at a CAGR of 6.12%, from 2017 to 2022. Gas engines are mainly used for power generation application and CHP applications. The growth of the gas engine market can be attributed to increased investments in ongoing gas-fired power plants in developing countries and maintenance of aging power plant in developed countries to curb the increased pollution from coal-based power plants. Inadequate supply of natural gas act as a restraint for the gas engine market along with a global natural gas price fluctuations. Low-cost competitors from emerging markets are the main challenge for the gas engine market.

“The co-generation applications segment is expected to grow at the highest CAGR from 2017 to 2022.”

The co-generation (combined heat and power) generation segment is estimated to be the fastest growing segment of the gas engine market, by application, from 2017 to 2022. Europe is the key end-user of gas engines for co-generation applications. In the co-generation application, the gas engine produces power along with useful heat for the space heating and water heating. The co-generation applications majorly include steel mills, chemical, and food processing plants, paper & pulp mills, and district heating plants. The end-users are mainly focusing on improving the overall efficiency of power plants and which is driving the co-generation segment market.

“Europe: The largest market for gas engine”

The European market is currently the largest gas engine market, followed by the markets in North America, Asia Pacific, and the Middle East & Africa. The European market is projected to grow at a higher rate due to stringent environmental norms which led to the use of renewable resources such biogas, landfill gas, and sewer gas for power generation. The second key factor that would drive the European market is attractive policy offerings by the European Union for the development of gas-fired power plants, especially special gas power plants.

Breakdown of Primaries:

In-depth interviews have been conducted with various key industry participants, subject-matter experts, C-level executives of key market players, and industry consultants, among other experts, to obtain and verify critical qualitative and quantitative information, as well as assess future market prospects. The distribution of primary interviews is as follows:


  • By Company Type: Tier 1- 65%, Tier 2- 20%, Tier 3- 15%

  • By Designation: C-Level- 25%, Manager Level- 35%, Others- 40%

  • By Region: Europe- 23%, North America- 30%, Asia Pacific- 17%, South America- 10%, and Middle East & Africa- 20%


Note: The tier of the companies has been defined on the basis of their total revenue; as of 2016: Tier 1 = >USD 1 billion, Tier 2 = From USD 100million to USD 500million, and Tier 3 =

The key players in the gas engine market include General Electric Company (U.S.), Caterpillar Inc. (U.S.), Wärtsilä Corporation (Finland), Rolls-Royce Holdings plc (U.K.), and Cummins Inc. (U.S.).

Research Coverage:

The report provides a picture of the gas engine market and its segments across industries and regions. It aims at estimating the market size and future growth potential of the market across different segments such as fuel type, power output, end-user, application, and region. Furthermore, the report includes an in-depth competitive analysis of the key players in the market along with their company profiles, recent developments, and key market strategies.

Why buy this report?


  • The report identifies and addresses the key markets for gas engines, which would help OEMs review the growth in demand for the product.

  • The report helps solutions providers understand the pulse of the market and provides insight into drivers, restraints, and challenges.

  • The report will help key players understand the strategies of their competitors better and will help in making strategic decisions.

Gas Engine Market by Fuel Type (Natural Gas & Special Gas), Application (Power Generation, Co-generation, & Mechanical Drive), End-User (Utilities, Manufacturing, & Oil & Gas), Power Output, and Region - Global Forecast to 2022

Table of Contents

1 Introduction
1.1 Objectives
1.2 Market Definition
1.3 Market Scope
1.3.1 Markets Covered
1.3.2 Years Considered for the Study
1.3.3 Currency
1.3.4 Package Size
1.4 Limitations
1.5 Stakeholders

2 Research Methodology
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 Key Data From Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Data From Primary Sources
2.1.2.2 Breakdown of Primary Interviews
2.2 Market Size Estimation
2.3 Data Triangulation
2.4 Research Assumptions & Limitations
2.4.1 Assumptions
2.4.2 Limitations

3 Executive Summary
3.1 Introduction

4 Premium Insights
4.1 Gas Engines Market Overview
4.2 Gas Engines Market, By Application
4.3 Europe Gas Engines Market, By End-User and Region
4.4 Gas Engines Market, By Fuel Type

5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.3 Drivers
5.3.1 Drop in Natural Gas Prices
5.3.2 Clean and Efficient Power Generation Technology
5.3.3 Regulation Relate to CO2 Emission
5.4 Restraints
5.4.1 Price Disparity Across Regional Market
5.4.2 Political Uncertainties Impacts Supply of Natural Gas
5.4.3 39
5.5 Opportunities
5.5.1 Shifts Towards Gas Fired Power Plants
5.5.2 Growing Trend of Distributed Power Generation
5.6 Challenges
5.6.1 Limited Natural Gas Reserves
5.6.2 Infrastructure Concern

6 Gas Engines Market, By Fuel Type
6.1 Introduction
6.2 Natural Gas
6.3 Special Gas
6.4 Others

7 Gas Engines Market, By Application
7.1 Introduction
7.2 Power Generation
7.3 Co-Generation
7.4 Mechanical Drive
7.5 Others

8 Gas Engines Market, By End-User
8.1 Introduction
8.2 Utilities
8.3 Manufacturing
8.4 Oil & Gas
8.5 Others

9 Gas Engines Market, By Power Output
9.1 Introduction
9.2 0.5 MW–1 MW
9.3 1 MW–2 MW
9.4 2 MW–5 MW
9.5 5 MW–10 MW
9.6 10 MW–20 MW

10 Gas Engines Market, By Region
10.1 Introduction
10.2 Europe
10.2.1 By Fuel Type
10.2.2 By Power Output
10.2.3 By Application
10.2.4 By End-User
10.2.5 By Country
10.2.5.1 Germany
10.2.5.2 The U.K.
10.2.5.3 Russia
10.2.5.4 Italy
10.2.5.5 Turkey
10.2.5.6 Rest of Europe
10.3 North America
10.3.1 By Fuel Type
10.3.2 By Power Output
10.3.3 By Application
10.3.4 By End-User
10.3.5 By Country
10.3.5.1 The U.S.
10.3.5.2 Mexico
10.3.5.3 Canada
10.4 Asia-Pacific
10.4.1 By Fuel Type
10.4.2 By Power Output
10.4.3 By Application
10.4.4 By End-User
10.4.5 By Country
10.4.5.1 China
10.4.5.2 Japan
10.4.5.3 India
10.4.5.4 Rest of Asia-Pacific
10.5 Middle East & Africa
10.5.1 By Fuel Type
10.5.2 By Power Output
10.5.3 By Application
10.5.4 By End-User
10.5.5 By Country
10.5.5.1 Saudi Arabia
10.5.5.2 UAE
10.5.5.3 Egypt
10.5.5.4 Nigeria
10.5.5.5 Rest of the Middle East & Africa
10.6 South America
10.6.1 By Fuel Type
10.6.2 By Power Output
10.6.3 By Application
10.6.4 By End-User
10.6.5 By Country
10.6.5.1 Brazil
10.6.5.2 Argentina
10.6.5.3 Rest of South America

11 Company Profiles
11.1 Introduction
11.2 General Electric Company
11.2.1 Business Overview
11.2.2 Products Offered
11.2.3 Product Offeirng Scorecard
11.2.4 Business Strategy Scorecard
11.2.5 Recent Developments
11.3 Caterpillar, Inc.
11.3.1 Business Overview
11.3.2 Products Offered
11.3.3 Product Offering Scorecard
11.3.4 Business Strategy Scorecard
11.3.5 Recent Developments
11.4 Wärtsilä Corporation
11.4.1 Business Overview
11.4.2 Products Offered
11.4.3 Product Offering Scorecard
11.4.4 Business Strategy Scorecard
11.4.5 Recent Developments
11.5 Rolls-Royce Holdings PLC
11.5.1 Business Overview
11.5.2 Products Offered
11.5.3 Product Offering Scorecard
11.5.4 Business Strategy Scorecard
11.5.5 Recent Developments
11.6 Cummins Inc.
11.6.1 Business Overview
11.6.2 Products Offered
11.6.3 Product Offering Scorecard
11.6.4 Business Strategy Scorecard
11.6.5 Recent Developments
11.7 Siemens AG
11.7.1 Business Overview
11.7.2 Products Offered
11.7.3 Product Offering Scoreacrd
11.7.4 Business Strategy Scorecard
11.7.5 Recent Developments
Source: Company Website and Secondary Sources
11.8 Man SE
11.8.1 Business Overview
11.8.2 Products Offered
11.8.3 Product Offering Scorecard
11.8.4 Business Strategy Scorecard
11.8.5 Recent Developments
11.9 Mitsubishi Heavy Industries, Ltd.
11.9.1 Business Overview
11.9.2 Products Offered
11.9.3 Product Offering Scorecard
11.9.4 Business Strategy Scorecard
11.9.5 Recent Developments
11.10 Kawasaki Heavy Industries, Ltd.
11.10.1 Business Overview
11.10.2 Products Offered
11.10.3 Product Offeing Scorecard
11.10.4 Business Strategy Scorecard
11.10.5 Recent Developments
11.11 Liebherr Group
11.11.1 Business Overview
11.11.2 Products Offered
11.11.3 Product Offering Scorecard
11.11.4 Business Strategy Scorecard
11.11.5 Recent Developments
11.12 JFE Holdings, Inc.
11.12.1 Business Overview
11.12.2 Products Offered
11.12.3 Products Offering Scorecard
11.12.4 Business Stratgey Scorecard
11.13 Hyundai Heavy Industries Co., Ltd.
11.13.1 Business Overview
11.13.2 Products Offered
11.13.3 Product Offering Scorecard
11.13.4 Business Strategy Scorecard
11.14 Niigata Power Systems Co., Ltd
11.14.1 Business Overview
11.14.2 Products Offered
11.14.3 Product Offering Scorecard
11.14.4 Business Strategy Scorecard

12 Competitive Landscape
12.1 Overview
12.2 Market Ranking, 2016
12.3 Competitive Leadership Mapping
12.3.1 Visionary Leaders
12.3.2 Innovators
12.3.3 Dynamic Differentiators
12.3.4 Emerging Companies

13 Appendix
13.1 Insights of Industry Experts
13.2 Discussion Guide
13.3 Introducing RT: Real-Time Market Intelligence
13.4 Available Customizations
13.5 Related Reports

List of Tables

Table 1 Gas Engines Market Snapshot
Table 2 Gas Engines Market, By Fuel Type 2015–2022 (USD Million)
Table 3 Gas Engines Market, By Fuel Type, 2015–2022 (USD Million)
Table 4 Gas Engines Market, By Fuel Type, 2015–2022 (USD Million)
Table 5 Gas Engines Market, By Fuel Type, 2015–2022 (USD Million)
Table 6 Gas Engines Market, By Application, 2015–2022 (USD Million)
Table 7 Power Generation: Gas Engines Market, By Application, 2015–2022 (USD Million)
Table 8 Co-Generation: Gas Engines Market, By Application, 2015–2022 (USD Million)
Table 9 Mechanical Drive: Gas Engines Market, By Application, 2015–2022 (USD Million)
Table 10 Others: Gas Engines Market, By Application, 2015–2022 (USD Million)
Table 11 Gas Engines Market, By End-User, 2015–2022 (USD Million)
Table 12 Utilities: Gas Engines Market, By End-User, 2015–2022 (USD Million)
Table 13 Manufacturing: Gas Engines Market, By End-User, 2015–2022 (USD Million)
Table 14 Oil & Gas: Gas Engines Market, By End-User, 2015–2022 (USD Million)
Table 15 Others: Gas Engines Market, By End-User, 2015–2022 (USD Million)
Table 16 Gas Engines Market, By Power Output, 2015–2022 (USD Million)
Table 17 Gas Engines Market, By Power Output, 2015–2022 (USD Million)
Table 18 Gas Engines Market, By Power Output, 2015–2022 (USD Million)
Table 19 Gas Engines Market, By Power Output, 2015–2022 (USD Million)
Table 20 Gas Engines Market, By Power Output, 2015–2022 (USD Million)
Table 21 Gas Engines Market, By Power Output, 2015–2022 (USD Million)
Table 22 Gas Engines Market, By Region, 2015–2022 (USD Million)
Table 23 Europe: Gas Engines Market Size, By Fuel Type, 2015–2022 (USD Million)
Table 24 Europe: Gas Engines Market Size, By Power Output, 2015–2022 (USD Million)
Table 25 Europe: Gas Engines Market Size, By Application, 2015–2022 (USD Million)
Table 26 Europe: Gas Engines Market Size, By End-User, 2015–2022 (USD Million)
Table 27 Europe: Gas Engines Market Size, By Country, 2015–2022 (USD Million)
Table 28 Germany: Gas Engines Market Size, By Fuel Type, 2015–2022 (USD Million)
Table 29 U.K.: Gas Engines Market Size, By Fuel Type, 2015–2022 (USD Million)
Table 30 Russia: Gas Engines Market Size, By Fuel Type, 2015–2022 (USD Million)
Table 31 Italy: Gas Engines Market Size, By Fuel Type, 2015–2022 (USD Million)
Table 32 Turkey: Gas Engines Market Size, By Fuel Type, 2015–2022 (USD Million)
Table 33 Rest of Europe: Gas Engines Market Size, By Fuel Type, 2015–2022 (USD Million)
Table 34 North America: Gas Engines Market Size, By Fuel Type, 2015–2022 (USD Million)
Table 35 Europe: Gas Engines Market Size, By Power Output, 2015–2022 (USD Million)
Table 36 North America: Gas Engines Market Size, By Application, 2015–2022 (USD Million)
Table 37 North America: Gas Engines Market Size, By End-User, 2015–2022 (USD Million)
Table 38 North America: Gas Engines Market Size, By Country, 2015–2022 (USD Million)
Table 39 U.S.: Gas Engines Market Size, By Fuel Type, 2015–2022 (USD Million)
Table 40 Mexico: Gas Engines Market Size, By Fuel Type, 2015–2022 (USD Million)
Table 41 Rest of North America: Gas Engines Market Size, By Fuel Type, 2015–2022 (USD Million)
Table 42 Asia-Pacific: Gas Engines Market Size, By Fuel Type, 2015–2022 (USD Million)
Table 43 Asia-Pacific: Gas Engines Market Size, By Power Output, 2015–2022 (USD Million)
Table 44 Asia-Pacific: Gas Engines Market Size, By Application, 2015–2022 (USD Million)
Table 45 Asia-Pacific: Gas Engines Market Size, By End-User, 2015–2022 (USD Million)
Table 46 Asia-Pacific: Gas Engines Market Size, By Country, 2015–2022(USD Million)
Table 47 China: Gas Engines Market Size, By Fuel Type, 2015–2022 (USD Million)
Table 48 Japan: Gas Engines Market Size, By Fuel Type, 2015–2022 (USD Million)
Table 49 India: Gas Engines Market Size, By Fuel Type, 2015–2022 (USD Million)
Table 50 Rest of Asia-Pacific: Gas Engines Market Size, By Fuel Type, 2014–2021 (USD Million)
Table 51 The Middle East & Africa: Gas Engines Market Size, By Fuel Type, 2014–2021 (USD Million)
Table 52 The Middle East & Africa: Gas Engines Market Size, By Power Output, 2015–2022 (USD Million)
Table 53 The Middle East & Africa: Gas Engines Market Size, By Application, 2014–2021 (USD Million)
Table 54 The Middle East & Africa: Gas Engines Market Size, By End-User, 2015–2022 (USD Million)
Table 55 The Middle East & Africa: Gas Engines Market Size, By Country, 2015–2022 (USD Million)
Table 56 Saudi Arabia: Gas Engines Market Size, By Fuel Type, 2015–2022 (USD Million)
Table 57 UAE: Gas Engines Market Size, By Fuel Type, 2014–2021 (USD Million)
Table 58 Egypt: Gas Engines Market Size, By Fuel Type, 2015–2022 (USD Million)
Table 59 Nigeria: Gas Engines Market Size, By Fuel Type, 2015–2022 (USD Million)
Table 60 Rest of the Middle East: Gas Engines Market Size, By Fuel Type, 2015–2022 (USD Million)
Table 61 South America: Gas Engines Market Size, By Fuel Type, 2015–2022 (USD Million)
Table 62 South America: Gas Engines Market Size, By Power Output, 2015–2022 (USD Million)
Table 63 South America: Gas Engines Market Size, By Application, 2015–2022 (USD Million)
Table 64 South America: Gas Engines Market Size, By End-User, 2015–2022 (USD Million)
Table 65 South America: Gas Engines Market Size, By Country, 2015–2022 (USD Million)
Table 66 Brazil: Gas Engines Market Size, By Fuel Type, 2015–2022 (USD Million)
Table 67 Argentina: Gas Engines Market Size, By Fuel Type, 2015–2022 (USD Million)
Table 68 Rest of South America: Gas Engines Market Size, By Fuel Type,2015–2022 (USD Million)

List of Figures

Figure 1 Gas Engines Market Segmentation
Figure 2 Gas Engines Market: Research Design
Figure 3 Breakdown of Primary Interviews: By Company Type, Designation, & Region
Figure 4 Market Size Estimation Methodology: Top-Down Approach
Figure 5 Market Size Estimation Methodology: Bottom-Up Approach
Figure 6 Gas Engines Market: Data Triangulation
Figure 7 Gas Engines Market, By Application, 2017-2022 (USD Million)
Figure 8 1–2 MW Gas Engine are Leading the Gas Engine Market By Fuel Type, 2016
Figure 9 Utilites are Major End User of Gas Engines Market
Figure 10 Contracts & Agreements Was the Key Strategy Adopted By Players in Gas Engines Market
Figure 11 Opportunities in Utilites and Manufactruing End-User Segment for Gas Engine Market, 2017–2022
Figure 12 Power Generation Market is Leading the Gas Engine Market in Application Segment
Figure 13 Russia is Leading the Gas Engines Market in the Europe, 2016
Figure 14 Natrual Gas Dominated the Gas Engines Market By Fuel Type, 2016
Figure 15 Market Dynamics of Gas Engine
Figure 16 Natural Gas Production (BCM), 2012-2016
Figure 17 Natural Gas Price Trend, 2011- 2015
Figure 18 Emission Targets in Key Countries By 2020
Figure 19 U.S.: Coal-Fired Electric Generator Retirements Announcements Since November, 2013
Figure 20 Reserve to Production Ratio (In Terms of Number of Years) for Natural Gas, 2015
Figure 21 Gas Engines Market, By Fuel Type, 2017-2022 (USD Million)
Figure 22 Gas Engines Market, By Application, 2017-2022 (USD Million)
Figure 23 Gas Engines Market, By End-User, 2017-2022 (USD Million)
Figure 24 Gas Engines Market, By Power Output, 2017-2022 (USD Million)
Figure 25 Gas Engines Market, By Region, 2017–2022 (USD Million)
Figure 26 Regional Snapshot: Growth Rate of the Gas Engines Market in Major Countries, 2017–2022
Figure 27 Europe: Gas Engines Market Overview
Figure 28 North America: Gas Engines Market Overview
Figure 29 General Electric Company: Company Snapshot
Figure 30 Caterpillar, Inc.: Company Snapshot
Figure 31 Wärtsilä Corporation: Company Snapshot
Figure 32 Rolls-Royce Holdings PLC.: Company Snapshot
Figure 33 Cummins Inc.: Company Snapshot
Figure 34 Siemens AG: Company Snapshot
Figure 35 Man SE: Company Snapshot
Figure 36 Mitsubishi Heavy Industries, Ltd.: Company Snapshot
Figure 37 Kawasaki Heavy Industries, Ltd.: Company Snapshot
Figure 38 Liebherr Group: Company Snapshot
Figure 39 JFE Holdings, Inc: Company Snapshot
Figure 40 Hyundai Heavy Industries Co., Ltd: Company Snapshot
Figure 41 Niigata Power Systems Co., Ltd: Company Snapshot
Figure 42 Companies Adopted Contracts & Agreements and New Product Launches as Key Growth Strategy 2014–2017
Figure 43 Market Ranking for Gas Engine, 2016
Figure 44 Market Evaluation Framework: New Product Developments, Mergers & Acquisitions, Contracts & Agreements, & Expansions Fueled the Growth of Companies From 2014 to 2017
Figure 45 Battle for Market Share (2014–2017): Contracts & Agreements Was the Key Strategy Adopted By the Players in the Gas Engine Market
Figure 46 Competitive Leadership Mapping: Gas Engine Market
Figure 47 Analysis of Product Portfolio of Major Players in the Gas Engine Market (20 Players)
Figure 48 Business Strategies Adopted By Major Players in the Ceramic Tube Market (20 Players)

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