KEY FINDINGS
The market of North America with regard to the gas engine is estimated to witness a CAGR of 6.48% during the projected period, 2020-2028. The overall increase in the demand for electricity, industrial operations, and raw material usage, are the dominant factors driving the growth of the market in the North American region.
MARKET INSIGHTS
The North American gas engine market is segregated into the US and Canada for further study of the market. In the US, there are huge growth opportunities for gas engine manufacturers in the maritime sector due to the presence of many container vessels, bulk carriers, ferries, and cruise ships, etc. Canada's market for gas engines will witness steady growth during the forecast period as it is one of the largest producers of natural gas in the world. The Canadian government took the initiative for clean growth and climate change, which includes the expansion of clean energy sources, infrastructure investment, and regulations for natural gas-fired electricity generation. At the same time, factors like increased electricity demands, developing natural gas infrastructure, and decreased natural gas prices, are the factors augmenting the growth of the market in Canada.
COMPETITIVE INSIGHTS
3W- International GmbH, Caterpillar Inc., Dresser-Rand Group Inc., Fairbanks Morse Engine are some of the key companies in the market.
Our report offerings include:
- Explore key findings of the overall market
- Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
- Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
- Market Segmentation cater to a thorough assessment of key segments with their market estimations
- Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
- Key analytics: Porter's Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
- Competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
- Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments
North America Gas Engine Market Forecast 2020-2028
Table of Contents
1. Research Scope
1.1. Study Objectives
1.2. Scope Of The Study
1.3. Methodology
1.4. Study And Forecasting Years
1.5. Assumptions & Limitations
2. Executive Summary
2.1. Market Size & Forecast
2.2. Market Overview
3. Market Dynamics
4. Market Dynamics
4.1. Market Scope & Definition
4.2. Market Drivers
4.2.1. Unyielding Drop In The Gas Prices
4.2.2. Increasing Use Of Natural Gas In The Power Industry
4.2.3. Growing Environmental Concerns
4.2.4. Advancements In Technologies Resulting In Efficient Power Generation
4.2.5. Marine Application Fueling The Demand For Gas Engines
4.3. Market Restraints
4.3.1. Irregularities In Natural Gas Reserves & Supplies Due To Regional Instability
4.3.2. Security & Infrastructure Concerns
4.3.3. Large Price Difference Between Alternative Fuels
4.3.4. Depleting Natural Gas Reserves
4.3.5. Macroeconomic Factors
4.3.6. Strict Regulations
5. Key Analytics
5.1. Porter's Five Force Model
5.1.1. New Entrants
5.1.2. Substitution
5.1.3. Suppliers Power
5.1.4. Buyers Power
5.1.5. Industry Rivalry
5.2. Key Investment Insights
5.3. Key Buying Criteria
5.3.1. Cost
5.3.2. Efficiency
5.3.3. Emission
5.3.4. Maintenance
5.3.5. Flexibility
5.4. Opportunity Matrix
5.5. Vendors Landscape
5.6. Value Chain Analysis
5.6.1. Raw Material Suppliers / Parts
5.6.2. Manufacturers
5.6.3. Distributors
5.6.4. End Users
5.7. Regulatory Framework
6. Market By Fuel Type
6.1. Natural Gas
6.2. Special Gas
6.3. Other Gas
7. Market By Power
7.1. 0.5 Mw-1.0 Mw
7.2. 1.0-2.0 Mw
7.3. 2.0-5.0 Mw
7.4. 5.0 Mw-10.0 Mw
7.5. 10.0 Mw-20.0 Mw
8. Market By Application
8.1. Power Generation
8.2. Co-Generation
8.3. Other Applications
9. Market By End User
9.1. Utilities
9.2. Manufacturing
9.3. Oil & Gas
9.4. Transportation
9.5. Others
10. Geographical Analysis
10.1. North America
10.1.1. United States
10.1.2. Canada
11. Company Profiles
11.1. 3w International Gmbh
11.2. Caterpillar Inc.
11.3. China Yuchai International Ltd.
11.4. Clarke Energy
11.5. Cummins Inc.
11.6. Deutz Ag
11.7. Dresser Rand Group Inc.
11.8. Doosan Infracore Co. Ltd.
11.9. Fairbanks Morse Engines
11.10. General Electric Company (Inio)
11.11. Hyundai Heavy Industries Co. Ltd.
11.12. Ihi Corporation
11.13. Kawasaki Heavy Industries Ltd.
11.14. Man Se
11.15. Mitsubishi Heavy Industries Inc.
11.16. Wärtsilä Corporation
11.17. Rolls Royce Holdings Plc.
11.18. Yanmar Co. Ltd.
List of Tables
Table 1: Natural Gas Prices, (2016-2018) (Dollars Per Thousand Cubic Feet)
Table 2: Comparison Of Carbon Dioxide Emission Levels For Different Fuels (1990-2040) (Billion Metric Tons)
Table 3: Legal, Policy & Regulatory Framework
Table 4: North America Gas Engine Market, By Fuel Type, Historical Years, 2016-2019 (In $ Million)
Table 5: North America Gas Engine Market, By Fuel Type, Forecast Years, 2020-2028 (In $ Million)
Table 6: North America Gas Engine Market, By Power, Historical Years, 2016-2019 (In $ Million)
Table 7: North America Gas Engine Market, By Power, Forecast Years, 2020-2028 (In $ Million)
Table 8: North America Gas Engine Market, By Application, Historical Years, 2016-2019 (In $ Million)
Table 9: North America Gas Engine Market, By Application, Forecast Years, 2020-2028 (In $ Million)
Table 10: North America Gas Engine Market, By End User, Historical Years, 2016-2019 (In $ Million)
Table 11: North America Gas Engine Market, By End User, Forecast Years, 2020-2028 (In $ Million)
Table 12: North America Gas Engine Market, By Country, Historical Years, 2016-2019 (In $ Million)
Table 13: North America Gas Engine Market, By Country, Forecast Years, 2020-2028 (In $ Million)
List of Figures
Figure 1: Porter's Five Force Analysis
Figure 2: Key Investment Insights
Figure 3: Key Buying Impact Analysis
Figure 4: Opportunity Matrix
Figure 5: Vendor Landscape
Figure 6: Value Chain Analysis
Figure 7: North America Gas Engine Market, Growth Potential, By Fuel Type (In 2019)
Figure 8: North America Gas Engine Market, By Natural Gas, 2020-2028 (In $ Million)
Figure 9: North America Gas Engine Market, By Special Gas, 2020-2028 (In $ Million)
Figure 10: North America Gas Engine Market, By Other Fuel Type, 2020-2028 (In $ Million)
Figure 11: North America Gas Engine Market, Growth Potential, By Power (In 2019)
Figure 12: North America Gas Engine Market, By 0.5 Mw-1.0 Mw, 2020-2028 (In $ Million)
Figure 13: North America Gas Engine Market, By 1.0-2.0 Mw, 2020-2028 (In $ Million)
Figure 14: North America Gas Engine Market, By 2.0-5.0 Mw, 2020-2028 (In $ Million)
Figure 15: North America Gas Engine Market, By 5.0 Mw-10.0 Mw, 2020-2028 (In $ Million)
Figure 16: North America Gas Engine Market, By 10.0 Mw-20.0 Mw, 2020-2028 (In $ Million)
Figure 17: North America Gas Engine Market, Growth Potential, By Application (In 2019)
Figure 18: North America Gas Engine Market, By Power Generation, 2020-2028 (In $ Million)
Figure 19: North America Gas Engine Market, By Co-Generation, 2020-2028 (In $ Million)
Figure 20: North America Gas Engine Market, By Other Applications, 2020-2028 (In $ Million)
Figure 21: North America Gas Engine Market, Growth Potential, By End User (In 2019)
Figure 22: North America Gas Engine Market, By Utilities, 2020-2028 (In $ Million)
Figure 23: North America Gas Engine Market, By Manufacturing, 2020-2028 (In $ Million)
Figure 24: North America Gas Engine Market, By Oil & Gas, 2020-2028 (In $ Million)
Figure 25: North America Gas Engine Market, By Transportation, 2020-2028 (In $ Million)
Figure 26: North America Gas Engine Market, By Other End Users, 2020-2028 In $ Million)
Figure 27: North America Gas Engine Market, Regional Outlook, 2019 & 2028 (In %)
Figure 28: United States Gas Engine Market, 2020-2028 (In $ Million)
Figure 29: Canada Gas Engine Market, 2020-2028 (In $ Million)
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