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ガスエンジン市場レポート：燃料タイプ別、出力別、用途別、業界別、地域別、2024年～2032年

Gas Engine Market Report by Fuel Type, Power Output, Application, Industry Vertical, and Region 2024-2032

出版日
発行
IMARC
ページ情報
英文 140 Pages
納期
2～3営業日
カスタマイズ可能
価格
価格表記: USDを日本円(税抜)に換算
本日の銀行送金レート: 1USD=146.82円
ガスエンジン市場レポート：燃料タイプ別、出力別、用途別、業界別、地域別、2024年～2032年
出版日: 2024年07月01日
発行: IMARC
ページ情報: 英文 140 Pages
納期: 2～3営業日
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  • 全表示
  • 概要
  • 図表
  • 目次
概要

世界のガスエンジンの市場規模は2023年に56億米ドルに達しました。今後、IMARC Groupは、2024年から2032年にかけての成長率（CAGR）は4％を示し、2032年には80億米ドルに達すると予測しています。ガスエンジンと再生可能資源を組み合わせたハイブリッドシステムの利用の増加、無停電電源装置へのニーズの高まり、データセンターの増加などが市場を推進している主な要因です。

ガスエンジンの市場分析：

主な市場促進要因：クリーンなエネルギー源に対する需要の増加、天然ガスの豊富な利用可能性、産業用途や発電におけるガスエンジンの採用拡大、ガスエンジン効率の急速な技術進歩、厳しい環境規制がガスエンジンの市場の主要な促進要因です。

主要市場動向：ガスエンジンの市場の主要動向には、高効率・低排出ガスエンジンへのシフト、バイオガスや水素燃料の利用拡大、性能監視や予知保全のためのIoT技術の統合などがあります。また、ガスエンジンと再生可能エネルギー源を組み合わせたハイブリッドパワーシステムへの注目も高まっています。

地理的動向：北米は、先進的なガスインフラの存在、エネルギー効率の高い発電への多額の投資、豊富な天然ガス埋蔵量、再生可能エネルギー統合への取り組みにより、ガスエンジンの市場をリードしています。

競合情勢：ガスエンジン業界の主要市場プレーヤーには、Caterpillar Inc.、China Yuchai International Limited、Cummins Inc.、Doosan Corporation、General Electric Company、Hyundai Heavy Industries Co.Ltd.、JFE Holdings Inc.、川崎重工業株式会社、三菱重工業株式会社、Rolls-Royce plc、Siemens AG、Volkswagen AG、Wartsila Oyj Abpなどがあります。

課題と機会：ガスエンジンの市場における課題には、厳しい環境規制や代替再生可能技術との競合が含まれます。機会は、持続可能なエネルギー・ソリューションに対する需要の高まりと、ガスエンジンがハイブリッド・システムと統合され、多様な用途でよりクリーンで効率的なエネルギー生産を実現する可能性から生まれます。

ガスエンジンの市場動向：

急速な工業化

ガスエンジンの需要を促進する主な要因のひとつは、世界の工業化の急速な進展です。発展途上国が近代化を目指すにつれ、エネルギー需要が急増しています。信頼性と効率で知られるガスエンジンは、産業環境における発電のソリューションとして、しばしば採用されています。ガスエンジンは、変動するエネルギー需要を満たす、堅牢で柔軟な方法を提供します。さらに、ガスエンジンは天然ガスを含むさまざまな燃料で運転できるため、製造業、石油化学、繊維など多様な産業で汎用性の高い選択肢となっています。米国エネルギー情報局の報告によると、2022年の米国の総電力消費量は約4兆700億kWhで、前年比2.6％増となった。さらに、2024年のエネルギー消費量は2023年から2％増加すると予測されており、最も消費量が多いのは住宅部門で4％の増加が見込まれています。

環境への関心の高まり

気候変動に対する意識の高まりとともに、よりクリーンなエネルギーへの転換が進んでいます。IPCCの「気候変動の物理的基礎に関する第6次評価報告書」によると、化石燃料の燃焼によって毎年約110億トンの炭素が大気中に排出されています。同様に、NOAA国立環境情報センターが発表した2023年世界気候報告書によると、海洋と陸地を合わせた気温は10年当たり平均0.20度上昇するといいます。さらに、7月、8月、9月の気温が長期平均を1.0度上回り、2023年はどの月も最も暖かい月の7つに入った。ガスエンジンは、従来の石炭火力発電や石油火力発電に比べて温室効果ガスの排出量が少ないです。そのため、エネルギー需要を満たすための選択肢として、より環境に優しいものとなっています。世界各国政府による厳しい排出規制の採用は、産業界や発電所をガスエンジンへとさらに押し上げ、需要を押し上げています。

高まるエネルギー安全保障

単一のエネルギー源や種類のエネルギーに依存することは、国のエネルギー安全保障にリスクをもたらす可能性があります。ガスエンジンは、エネルギー・ミックスを多様化し、輸入石油や集中型送電網への依存を減らす代替手段を提供します。天然ガスは豊富で、国内または地域で調達できるため、エネルギー安全保障と安定に貢献します。このため、ガスエンジン技術への投資が増加し、需要をさらに押し上げています。世界・エネルギー・モニターによると、天然ガス発電所は748ギガワット（GW）以上が建設前および建設段階にあり、資本支出は約6,010億米ドルです。例えば、2022年11月、Wartsilaはインドのチェンナイにある15.5MWのキャプティブ発電所向けにTamilnadu Petroproducts Limited（TPL）から2台の34SGガスエンジンを受注しました。

目次

第1章 序文

第2章 調査範囲と調査手法

  • 調査の目的
  • ステークホルダー
  • データソース
    • 一次情報
    • 二次情報
  • 市場推定
    • ボトムアップアプローチ
    • トップダウンアプローチ
  • 調査手法

第3章 エグゼクティブサマリー

第4章 イントロダクション

  • 概要
  • 主要業界動向

第5章 世界のガスエンジン市場

  • 市場概要
  • 市場実績
  • COVID-19の影響
  • 市場予測

第6章 市場内訳：燃料タイプ別

  • 天然ガス
    • 市場動向
    • 市場予測
  • 特殊ガス
    • 市場動向
    • 市場予測
  • その他
    • 市場動向
    • 市場予測

第7章 市場内訳：出力別

  • 0.5～1MW
    • 市場動向
    • 市場予測
  • 1～2MW
    • 市場動向
    • 市場予測
  • 2～5MW
    • 市場動向
    • 市場予測
  • 5～10MW
    • 市場動向
    • 市場予測
  • 10～20MW
    • 市場動向
    • 市場予測

第8章 市場内訳：用途別

  • 機械駆動
    • 市場動向
    • 市場予測
  • 発電
    • 市場動向
    • 市場予測
  • コージェネレーション
    • 市場動向
    • 市場予測
  • その他
    • 市場動向
    • 市場予測

第9章 市場内訳：業界別

  • ユーティリティ
    • 市場動向
    • 市場予測
  • 製造
    • 市場動向
    • 市場予測
  • 石油・ガス
    • 市場動向
    • 市場予測
  • 鉱業
    • 市場動向
    • 市場予測
  • その他
    • 市場動向
    • 市場予測

第10章 市場内訳：地域別

  • 北米
    • 米国
    • カナダ
  • アジア太平洋地域
    • 中国
    • 日本
    • インド
    • 韓国
    • オーストラリア
    • インドネシア
    • その他
  • 欧州
    • ドイツ
    • フランス
    • 英国
    • イタリア
    • スペイン
    • ロシア
    • その他
  • ラテンアメリカ
    • ブラジル
    • メキシコ
    • その他
  • 中東・アフリカ
    • 市場動向
    • 市場内訳：国別
    • 市場予測

第11章 SWOT分析

  • 概要
  • 強み
  • 弱み
  • 機会
  • 脅威

第12章 バリューチェーン分析

第13章 ポーターのファイブフォース分析

  • 概要
  • 買い手の交渉力
  • 供給企業の交渉力
  • 競合の程度
  • 新規参入業者の脅威
  • 代替品の脅威

第14章 価格分析

第15章 競合情勢

  • 市場構造
  • 主要企業
  • 主要企業のプロファイル
    • Caterpillar Inc.
    • China Yuchai International Limited
    • Cummins Inc.
    • Doosan Corporation
    • General Electric Company
    • Hyundai Heavy Industries Co. Ltd.
    • JFE Holdings Inc.
    • Kawasaki Heavy Industries Ltd.
    • Mitsubishi Heavy Industries Ltd.
    • Rolls-Royce plc
    • Siemens AG
    • Volkswagen AG
    • Wartsila Oyj Abp
図表

List of Figures

  • Figure 1: Global: Gas Engine Market: Major Drivers and Challenges
  • Figure 2: Global: Gas Engine Market: Sales Value (in Billion US$), 2018-2023
  • Figure 3: Global: Gas Engine Market Forecast: Sales Value (in Billion US$), 2024-2032
  • Figure 4: Global: Gas Engine Market: Breakup by Fuel Type (in %), 2023
  • Figure 5: Global: Gas Engine Market: Breakup by Power Output (in %), 2023
  • Figure 6: Global: Gas Engine Market: Breakup by Application (in %), 2023
  • Figure 7: Global: Gas Engine Market: Breakup by Industry Vertical (in %), 2023
  • Figure 8: Global: Gas Engine Market: Breakup by Region (in %), 2023
  • Figure 9: Global: Gas Engine (Natural Gas) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 10: Global: Gas Engine (Natural Gas) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 11: Global: Gas Engine (Special Gas) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 12: Global: Gas Engine (Special Gas) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 13: Global: Gas Engine (Other Fuel Types) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 14: Global: Gas Engine (Other Fuel Types) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 15: Global: Gas Engine (0.5-1 MW) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 16: Global: Gas Engine (0.5-1 MW) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 17: Global: Gas Engine (1-2 MW) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 18: Global: Gas Engine (1-2 MW) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 19: Global: Gas Engine (2-5 MW) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 20: Global: Gas Engine (2-5 MW) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 21: Global: Gas Engine (5-10 MW) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 22: Global: Gas Engine (5-10 MW) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 23: Global: Gas Engine (10-20 MW) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 24: Global: Gas Engine (10-20 MW) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 25: Global: Gas Engine (Mechanical Drive) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 26: Global: Gas Engine (Mechanical Drive) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 27: Global: Gas Engine (Power Generation) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 28: Global: Gas Engine (Power Generation) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 29: Global: Gas Engine (Cogeneration) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 30: Global: Gas Engine (Cogeneration) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 31: Global: Gas Engine (Other Applications) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 32: Global: Gas Engine (Other Applications) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 33: Global: Gas Engine (Utilities) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 34: Global: Gas Engine (Utilities) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 35: Global: Gas Engine (Manufacturing) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 36: Global: Gas Engine (Manufacturing) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 37: Global: Gas Engine (Oil and Gas) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 38: Global: Gas Engine (Oil and Gas) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 39: Global: Gas Engine (Mining) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 40: Global: Gas Engine (Mining) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 41: Global: Gas Engine (Other Industry Verticals) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 42: Global: Gas Engine (Other Industry Verticals) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 43: North America: Gas Engine Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 44: North America: Gas Engine Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 45: United States: Gas Engine Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 46: United States: Gas Engine Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 47: Canada: Gas Engine Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 48: Canada: Gas Engine Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 49: Asia-Pacific: Gas Engine Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 50: Asia-Pacific: Gas Engine Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 51: China: Gas Engine Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 52: China: Gas Engine Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 53: Japan: Gas Engine Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 54: Japan: Gas Engine Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 55: India: Gas Engine Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 56: India: Gas Engine Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 57: South Korea: Gas Engine Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 58: South Korea: Gas Engine Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 59: Australia: Gas Engine Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 60: Australia: Gas Engine Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 61: Indonesia: Gas Engine Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 62: Indonesia: Gas Engine Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 63: Others: Gas Engine Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 64: Others: Gas Engine Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 65: Europe: Gas Engine Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 66: Europe: Gas Engine Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 67: Germany: Gas Engine Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 68: Germany: Gas Engine Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 69: France: Gas Engine Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 70: France: Gas Engine Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 71: United Kingdom: Gas Engine Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 72: United Kingdom: Gas Engine Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 73: Italy: Gas Engine Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 74: Italy: Gas Engine Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 75: Spain: Gas Engine Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 76: Spain: Gas Engine Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 77: Russia: Gas Engine Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 78: Russia: Gas Engine Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 79: Others: Gas Engine Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 80: Others: Gas Engine Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 81: Latin America: Gas Engine Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 82: Latin America: Gas Engine Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 83: Brazil: Gas Engine Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 84: Brazil: Gas Engine Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 85: Mexico: Gas Engine Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 86: Mexico: Gas Engine Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 87: Others: Gas Engine Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 88: Others: Gas Engine Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 89: Middle East and Africa: Gas Engine Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 90: Middle East and Africa: Gas Engine Market: Breakup by Country (in %), 2023
  • Figure 91: Middle East and Africa: Gas Engine Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 92: Global: Gas Engine Industry: SWOT Analysis
  • Figure 93: Global: Gas Engine Industry: Value Chain Analysis
  • Figure 94: Global: Gas Engine Industry: Porter's Five Forces Analysis

List of Tables

  • Table 1: Global: Gas Engine Market: Key Industry Highlights, 2023 and 2032
  • Table 2: Global: Gas Engine Market Forecast: Breakup by Fuel Type (in Million US$), 2024-2032
  • Table 3: Global: Gas Engine Market Forecast: Breakup by Power Output (in Million US$), 2024-2032
  • Table 4: Global: Gas Engine Market Forecast: Breakup by Application (in Million US$), 2024-2032
  • Table 5: Global: Gas Engine Market Forecast: Breakup by Industry Vertical (in Million US$), 2024-2032
  • Table 6: Global: Gas Engine Market Forecast: Breakup by Region (in Million US$), 2024-2032
  • Table 7: Global: Gas Engine Market: Competitive Structure
  • Table 8: Global: Gas Engine Market: Key Players
目次
Product Code: SR112024A5301

The global gas engine market size reached US$ 5.6 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 8.0 Billion by 2032, exhibiting a growth rate (CAGR) of 4% during 2024-2032. The increasing use of hybrid systems that combine gas engines with renewable sources, rising need for uninterrupted power supply, and the growing number of data centers are some of the major factors propelling the market.

Gas Engine Market Analysis:

Major Market Drivers: Increasing demand for clean energy sources, the abundant availability of natural gas, growing adoption of gas engines in industrial applications and power generation, rapid technological advancements in gas engine efficiency, and stringent environmental regulations are the major drivers for gas engine market.

Key Market Trends: Key trends in the gas engine market include a shift towards high-efficiency, low-emission engines, increasing use of biogas and hydrogen fuels, and integration of IoT technology for performance monitoring and predictive maintenance. There is also a growing focus on hybrid power systems combining gas engines with renewable energy sources.

Geographical Trends: North America is leading the gas engine market due to the presence of advanced gas infrastructure, significant investments in energy-efficient power generation, abundant natural gas reserves, and the region's commitment to renewable energy integration.

Competitive Landscape: Some of the major market players in the Gas Engine industry include Caterpillar Inc., China Yuchai International Limited, Cummins Inc., Doosan Corporation, General Electric Company, Hyundai Heavy Industries Co. Ltd., JFE Holdings Inc., Kawasaki Heavy Industries Ltd., Mitsubishi Heavy Industries Ltd., Rolls-Royce plc, Siemens AG, Volkswagen AG, and Wartsila Oyj Abp, among many others.

Challenges and Opportunities: Challenges in the gas engine market include stringent environmental regulations and competition from alternative renewable technologies. Opportunities arise from the increasing demand for sustainable energy solutions and the potential for gas engines to integrate with hybrid systems, offering cleaner, more efficient energy production in diverse applications.

Gas Engine Market Trends:

Rapid Industrialization

One of the primary factors driving the demand for gas engines is the rapid pace of industrialization worldwide. As developing countries seek to modernize, their energy requirements are surging. Gas engines, known for their reliability and efficiency, are often the go-to solution for power generation in industrial settings. They offer a robust and flexible way to meet fluctuating energy needs. Moreover, gas engines can run on a variety of fuels, including natural gas, making them a versatile choice for diverse industries, such as manufacturing, petrochemicals, and textiles. According to a report by the US Energy Information Administration, the total electricity consumption in the United States in 2022 was about 4.07 trillion kWh, an increase of 2.6% compared to the previous year. Furthermore, it is forecasted that the energy consumption will experience a 2% increase in 2024 from 2023, with the highest consumption anticipated from the residential sector with a 4% rise.

Rise in Environmental Concerns

With the growing awareness about climate change, there is an increase in the shift towards cleaner energy options. According to IPCC's Sixth Assessment Report on the Physical Basis of Climate Change, burning fossil fuels add about 11 billion metric tons of carbon to the atmosphere each year. Similarly, another data provided by the 2023 Global Climate Report from NOAA National Centers for Environmental Information, stated that the combined ocean and land temperature increases at an average rate of 0.20 degree Celsius per decade. Moreover, every month of 2023 ranked among the 7 warmest for that month with global temperatures for July, August, and September reaching 1.0 degree Celsius above the long-term average. Gas engines emit fewer greenhouse gases as compared to traditional coal-fired or oil-based power generation systems. This makes them a more environment friendly choice for meeting energy needs. The adoption of strict emission regulations by governments worldwide further pushes industries and power plants toward gas engines, boosting their demand.

Growing Energy Security

Dependence on a single source or type of energy can pose risks to a country's energy security. Gas engines offer an alternative to diversify the energy mix, which reduces reliance on imported oil or centralized power grids. Natural gas is abundant and can be sourced domestically or regionally, which contributes to energy security and stability. This has led to increased investment in gas engine technologies, thereby further driving demand. According to the Global Energy Monitor, over 748 gigawatts (GW) of natural gas power plants are in pre- and construction phases, costing around US$ 601 billion in capital expenditure. For instance, in November 2022, Wartsila received an order for two 34SG gas engines by the Tamilnadu Petroproducts Limited (TPL) for 15.5 MW captive power plant in Chennai, India.

Gas Engine Market Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the global, regional, and country levels for 2024-2032. Our report has categorized the market based on fuel type, power output, application, and industry vertical.

Breakup by Fuel Type:

Natural Gas

Special Gas

Others

Natural gas dominates the market

The report has provided a detailed breakup and analysis of the market based on the fuel type. This includes natural gas, special gas, and others. According to the report, natural gas represented the largest segment.

Natural gas is one of the commonly used fuels for gas engines. Composed primarily of methane, it is a naturally occurring fossil fuel that is extracted from underground reserves. Natural gas engines are known for their efficiency and reduced emissions as compared to engines running on gasoline or diesel. According to the Ministry of Petroleum and Natural Gas, as of 2023, India's share of natural gas in energy basket is 6.7%. The government has set a target to raise the share of natural gas in energy mix to 15% in 2030. Such policy-level initiatives are likely to boost the natural gas sector.

Breakup by Power Output:

0.5-1 MW

1-2 MW

2-5 MW

5-10 MW

10-20 MW

1-2 MW holds the largest share in the market

A detailed breakup and analysis of the market based on the power output has also been provided in the report. This includes 0.5-1 MW, 1-2 MW, 2-5 MW, 5-10 MW, and 10-20 MW. According to the report, 1-2 MW accounted for the largest market share.

Engines with a power output of 1-2 MW are used in applications that require a moderate amount of power. These are commonly found in medium-sized manufacturing facilities, large commercial buildings, and small-scale power plants. They are versatile and can be used either as the main power source or as a backup.

Breakup by Application:

Mechanical Drive

Power Generation

Cogeneration

Others

Power generation dominates the market

The report has provided a detailed breakup and analysis of the market based on the application. This includes mechanical drive, power generation, cogeneration, and others. According to the report, power generation represented the largest segment.

One of the most common applications of gas engines is in power generation. These engines are used to generate electricity, either as the main power source or as backup generators for commercial buildings, industrial facilities, and residential areas. For instance, in October 2021, Briggs & Stratton launched Vanguard 400 series engines designed to deliver dependable power for various commercial and industrial equipment. In another example, in April 2021, Northern Tool + Equipment Co., a US-based tool retail company, acquired Jack's Small Engines, a family-owned small engine parts and outdoor power equipment parts company. This acquisition enhances Northern Tool + Equipment Co. 's capabilities in tools, equipment, engines, and maintenance services, consolidating its position in the market.

Breakup by Industry Vertical:

Utilities

Manufacturing

Oil and Gas

Mining

Others

Utilities dominate the market

A detailed breakup and analysis of the market based on the industry vertical has also been provided in the report. This includes utilities, manufacturing, oil and gas, mining, and others. According to the report, utilities represented the largest segment.

In the utilities sector, gas engines play a pivotal role in power generation. They are commonly used in both centralized and decentralized energy systems. Smaller engines may serve as backup generators for residential and commercial buildings, while larger engines with outputs in the megawatt range can be employed in utility-scale power plants. Gas engines are valued for their efficiency, lower emissions, and capability to quickly ramp up or down based on energy demand.

Breakup by Region:

North America

United States

Canada

Asia Pacific

China

Japan

India

South Korea

Australia

Indonesia

Others

Europe

Germany

France

United Kingdom

Italy

Spain

Russia

Others

Latin America

Brazil

Mexico

Others

Middle East and Africa

North America exhibits a clear dominance, accounting for the largest gas engine market share

The market research report has also provided a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa. According to the report, North America accounted for the largest market share.

The increasing extraction of shale gas represents one of the primary factors driving the demand for gas engines in the North American region. Moreover, the rising environmental awareness and stricter governmental policies on emissions are driving the demand for cleaner energy solutions like gas engines in the region. Besides this, the growing demand for reliable and efficient power is influencing the market positively. In addition to this, key players are expanding significantly in the region. For instance, Cummins Inc. announced in 2024 that its new 15-liter natural gas engine designed for heavy-duty and on-highway applications could lead to a 5-fold growth in customers for the alternative powertrain. It overcomes complaints about low power and torque and can run on potentially net-zero carbon renewable natural gas (RNG), as stated by its North America region Company Head.

Competitive Landscape:

The market research report has also provided a comprehensive analysis of the competitive landscape in the market. Detailed profiles of all major companies have also been provided. Some of the major market players in the gas engine industry include Caterpillar Inc., China Yuchai International Limited, Cummins Inc., Doosan Corporation, General Electric Company, Hyundai Heavy Industries Co. Ltd., JFE Holdings Inc., Kawasaki Heavy Industries Ltd., Mitsubishi Heavy Industries Ltd., Rolls-Royce plc, Siemens AG, Volkswagen AG, and Wartsila Oyj Abp, among many others.

(Please note that this is only a partial list of the key players, and the complete list is provided in the report.)

The leading companies are integrating turbochargers that allow for more air to be compressed and mixed with fuel, which leads to more powerful combustion and results in higher power output from a smaller engine size, effectively improving fuel efficiency. They are also equipped with advanced electronic control units (ECUs) that offer precise control over various engine parameters like fuel injection, air-to-fuel ratio, and ignition timing and improve performance, reduce fuel consumption, and enable easier diagnostics and maintenance. Moreover, key players are developing hybrid gas engines that are designed to work in tandem with renewable energy sources, such as solar or wind power. These hybrid systems can switch between power sources as needed, which ensures constant energy supply while reducing the overall carbon footprint. For instance, in February 2021, TMH International, a Switzerland-based railroad equipment manufacturing company, acquired Rolls-Royce's Bergen Engines medium-speed gas and diesel engines business for $163 million.

Gas Engine Market News:

In April 2023, Clarke Energy received order to deliver 50MW of hydrogen ready INNIO Jenbacher gas engines to VPI's expansion at Immingham energy hub.

In January 2023, Rolls-Royce announced that it had conducted successful tests of a 12-cylinder gas variant of the mtu Series 4000 L64 engine running on 100% hydrogen fuel. In the tests carried out by the Power Systems business unit, the company stated that the engine showed excellent characteristics in terms of efficiency, performance, emissions, and combustion.

In October 2023, Jineng (Zhoushan) Gas Power Generation Co. placed an order with GE Vernova for two of its 9HA.02 combined-cycle gas turbines in collaboration with Harbin Electric Corporation.

Key Questions Answered in This Report:

  • How has the global gas engine market performed so far, and how will it perform in the coming years?
  • What are the drivers, restraints, and opportunities in the global gas engine market?
  • What is the impact of each driver, restraint, and opportunity on the global gas engine market?
  • What are the key regional markets?
  • Which countries represent the most attractive gas engine market?
  • What is the breakup of the market based on the fuel type?
  • Which is the most attractive fuel type in the gas engine market?
  • What is the breakup of the market based on the power output?
  • Which is the most attractive power output in the gas engine market?
  • What is the breakup of the market based on the application?
  • Which is the most attractive application in the gas engine market?
  • What is the breakup of the market based on the industry vertical?
  • Which is the most attractive industry vertical in the gas engine market?
  • What is the competitive structure of the market?
  • Who are the key players/companies in the global gas engine market?

Table of Contents

1 Preface

2 Scope and Methodology

  • 2.1 Objectives of the Study
  • 2.2 Stakeholders
  • 2.3 Data Sources
    • 2.3.1 Primary Sources
    • 2.3.2 Secondary Sources
  • 2.4 Market Estimation
    • 2.4.1 Bottom-Up Approach
    • 2.4.2 Top-Down Approach
  • 2.5 Forecasting Methodology

3 Executive Summary

4 Introduction

  • 4.1 Overview
  • 4.2 Key Industry Trends

5 Global Gas Engine Market

  • 5.1 Market Overview
  • 5.2 Market Performance
  • 5.3 Impact of COVID-19
  • 5.4 Market Forecast

6 Market Breakup by Fuel Type

  • 6.1 Natural Gas
    • 6.1.1 Market Trends
    • 6.1.2 Market Forecast
  • 6.2 Special Gas
    • 6.2.1 Market Trends
    • 6.2.2 Market Forecast
  • 6.3 Others
    • 6.3.1 Market Trends
    • 6.3.2 Market Forecast

7 Market Breakup by Power Output

  • 7.1 0.5-1 MW
    • 7.1.1 Market Trends
    • 7.1.2 Market Forecast
  • 7.2 1-2 MW
    • 7.2.1 Market Trends
    • 7.2.2 Market Forecast
  • 7.3 2-5 MW
    • 7.3.1 Market Trends
    • 7.3.2 Market Forecast
  • 7.4 5-10 MW
    • 7.4.1 Market Trends
    • 7.4.2 Market Forecast
  • 7.5 10-20 MW
    • 7.5.1 Market Trends
    • 7.5.2 Market Forecast

8 Market Breakup by Application

  • 8.1 Mechanical Drive
    • 8.1.1 Market Trends
    • 8.1.2 Market Forecast
  • 8.2 Power Generation
    • 8.2.1 Market Trends
    • 8.2.2 Market Forecast
  • 8.3 Cogeneration
    • 8.3.1 Market Trends
    • 8.3.2 Market Forecast
  • 8.4 Others
    • 8.4.1 Market Trends
    • 8.4.2 Market Forecast

9 Market Breakup by Industry Vertical

  • 9.1 Utilities
    • 9.1.1 Market Trends
    • 9.1.2 Market Forecast
  • 9.2 Manufacturing
    • 9.2.1 Market Trends
    • 9.2.2 Market Forecast
  • 9.3 Oil and Gas
    • 9.3.1 Market Trends
    • 9.3.2 Market Forecast
  • 9.4 Mining
    • 9.4.1 Market Trends
    • 9.4.2 Market Forecast
  • 9.5 Others
    • 9.5.1 Market Trends
    • 9.5.2 Market Forecast

10 Market Breakup by Region

  • 10.1 North America
    • 10.1.1 United States
      • 10.1.1.1 Market Trends
      • 10.1.1.2 Market Forecast
    • 10.1.2 Canada
      • 10.1.2.1 Market Trends
      • 10.1.2.2 Market Forecast
  • 10.2 Asia-Pacific
    • 10.2.1 China
      • 10.2.1.1 Market Trends
      • 10.2.1.2 Market Forecast
    • 10.2.2 Japan
      • 10.2.2.1 Market Trends
      • 10.2.2.2 Market Forecast
    • 10.2.3 India
      • 10.2.3.1 Market Trends
      • 10.2.3.2 Market Forecast
    • 10.2.4 South Korea
      • 10.2.4.1 Market Trends
      • 10.2.4.2 Market Forecast
    • 10.2.5 Australia
      • 10.2.5.1 Market Trends
      • 10.2.5.2 Market Forecast
    • 10.2.6 Indonesia
      • 10.2.6.1 Market Trends
      • 10.2.6.2 Market Forecast
    • 10.2.7 Others
      • 10.2.7.1 Market Trends
      • 10.2.7.2 Market Forecast
  • 10.3 Europe
    • 10.3.1 Germany
      • 10.3.1.1 Market Trends
      • 10.3.1.2 Market Forecast
    • 10.3.2 France
      • 10.3.2.1 Market Trends
      • 10.3.2.2 Market Forecast
    • 10.3.3 United Kingdom
      • 10.3.3.1 Market Trends
      • 10.3.3.2 Market Forecast
    • 10.3.4 Italy
      • 10.3.4.1 Market Trends
      • 10.3.4.2 Market Forecast
    • 10.3.5 Spain
      • 10.3.5.1 Market Trends
      • 10.3.5.2 Market Forecast
    • 10.3.6 Russia
      • 10.3.6.1 Market Trends
      • 10.3.6.2 Market Forecast
    • 10.3.7 Others
      • 10.3.7.1 Market Trends
      • 10.3.7.2 Market Forecast
  • 10.4 Latin America
    • 10.4.1 Brazil
      • 10.4.1.1 Market Trends
      • 10.4.1.2 Market Forecast
    • 10.4.2 Mexico
      • 10.4.2.1 Market Trends
      • 10.4.2.2 Market Forecast
    • 10.4.3 Others
      • 10.4.3.1 Market Trends
      • 10.4.3.2 Market Forecast
  • 10.5 Middle East and Africa
    • 10.5.1 Market Trends
    • 10.5.2 Market Breakup by Country
    • 10.5.3 Market Forecast

11 SWOT Analysis

  • 11.1 Overview
  • 11.2 Strengths
  • 11.3 Weaknesses
  • 11.4 Opportunities
  • 11.5 Threats

12 Value Chain Analysis

13 Porters Five Forces Analysis

  • 13.1 Overview
  • 13.2 Bargaining Power of Buyers
  • 13.3 Bargaining Power of Suppliers
  • 13.4 Degree of Competition
  • 13.5 Threat of New Entrants
  • 13.6 Threat of Substitutes

14 Price Analysis

15 Competitive Landscape

  • 15.1 Market Structure
  • 15.2 Key Players
  • 15.3 Profiles of Key Players
    • 15.3.1 Caterpillar Inc.
      • 15.3.1.1 Company Overview
      • 15.3.1.2 Product Portfolio
      • 15.3.1.3 Financials
      • 15.3.1.4 SWOT Analysis
    • 15.3.2 China Yuchai International Limited
      • 15.3.2.1 Company Overview
      • 15.3.2.2 Product Portfolio
      • 15.3.2.3 Financials
    • 15.3.3 Cummins Inc.
      • 15.3.3.1 Company Overview
      • 15.3.3.2 Product Portfolio
      • 15.3.3.3 Financials
      • 15.3.3.4 SWOT Analysis
    • 15.3.4 Doosan Corporation
      • 15.3.4.1 Company Overview
      • 15.3.4.2 Product Portfolio
      • 15.3.4.3 Financials
    • 15.3.5 General Electric Company
      • 15.3.5.1 Company Overview
      • 15.3.5.2 Product Portfolio
      • 15.3.5.3 Financials
      • 15.3.5.4 SWOT Analysis
    • 15.3.6 Hyundai Heavy Industries Co. Ltd.
      • 15.3.6.1 Company Overview
      • 15.3.6.2 Product Portfolio
    • 15.3.7 JFE Holdings Inc.
      • 15.3.7.1 Company Overview
      • 15.3.7.2 Product Portfolio
      • 15.3.7.3 Financials
      • 15.3.7.4 SWOT Analysis
    • 15.3.8 Kawasaki Heavy Industries Ltd.
      • 15.3.8.1 Company Overview
      • 15.3.8.2 Product Portfolio
      • 15.3.8.3 Financials
      • 15.3.8.4 SWOT Analysis
    • 15.3.9 Mitsubishi Heavy Industries Ltd.
      • 15.3.9.1 Company Overview
      • 15.3.9.2 Product Portfolio
      • 15.3.9.3 Financials
      • 15.3.9.4 SWOT Analysis
    • 15.3.10 Rolls-Royce plc
      • 15.3.10.1 Company Overview
      • 15.3.10.2 Product Portfolio
      • 15.3.10.3 Financials
      • 15.3.10.4 SWOT Analysis
    • 15.3.11 Siemens AG
      • 15.3.11.1 Company Overview
      • 15.3.11.2 Product Portfolio
      • 15.3.11.3 Financials
      • 15.3.11.4 SWOT Analysis
    • 15.3.12 Volkswagen AG
      • 15.3.12.1 Company Overview
      • 15.3.12.2 Product Portfolio
      • 15.3.12.3 Financials
      • 15.3.12.4 SWOT Analysis
    • 15.3.13 Wartsila Oyj Abp
      • 15.3.13.1 Company Overview
      • 15.3.13.2 Product Portfolio
      • 15.3.13.3 Financials
      • 15.3.13.4 SWOT Analysis