What are the major factors driving the growth of the gas engine market?

In the year 2025, the industry size of gas engine is assessed at USD 4.95 billion. Read More

What would be the CAGR of gas engine Market over the forecast period?

The gas engine market size was valued at USD 4.76 billion in 2024 and is expected to reach USD 8.79 billion by the end of 2037, expanding at around 4.9% CAGR during the forecast period i.e., between 2025-2037. Increasing energy demand and the integration of renewable energy across the globe will boost the market growth.. Read More

Which region will provide more business opportunities for growth of gas engine market in future?

The major players in the market include Caterpillar Energy Solutions GMBH, HHI Engine & Machinery, Cummins Inc., Liebherr, International Society of Baudouin Motors, R Schmitt Enertec GmbH, Kawasaki Heavy Industries Ltd., Doosan Corporation, Mitsubishi Heavy Industries Ltd., Deutz AZ, INNIO, Guascor Energy, Power Solutions International, Inc. (PSI), Generac Holdings Inc. Read More

Gas Engine Market Analysis

Global Gas Engine Market TOC

An Introduction to the Research Study
1. Market Definition
2. Market Segmentation
3. Industry Overview
Assumptions & Abbreviations
Research Methodology & Approach
1. Research Process
2. Primary Research
  1. Manufacturers
  2. Suppliers/Distributors
  3. End Users
3. Secondary Research
4. Market Size Estimation
Summary of the Report for Key Decision Makers
Forces of Market Constituents
1. Factors/drivers impacting the growth of the market
2. Market trends for better business practices
3. Key Market Opportunities for Business Growth
4. Major Roadblocks for the Market Growth
Decarbonization Strategy and Carbon Credit Benefits for Market Players
1. Global Government Decarbonization Plans/Goals by Each Country under 2015 Agreement Agreed by 200 Countries
2. Measures taken by Countries to Reduce Carbon Footprints
3. Carbon Credits and Subsidy Plans/Benefits Rolled out by the Government for Market Players
4. Effective Ways to Harness Carbon-Credits and Impact on Profit Margins
5. Demand Impact on the Companies Opting for Carbon Credits
Government Regulation: How They Would aid Business
Technology Transition and Adoption Analysis
1. Internet of Things (IoT)
2. Dual-Fuel Engines
3. Turbochargers
Industry Pricing Benchmarking & Analysis
Industry Risk Analysis
Global Economic Outlook: Challenges for Global Recovery and its Impact on Global Gas Engine Market
1. Ukraine-Russia crisis
2. Potential US economic slowdown
Industry Value Chain Analysis
Comparative Analysis of Gas Turbine and Gas Engine
Case Study Analysis
End-User Analysis
Country Demand Analysis
Product Comparative Analysis
Competitive Positioning
Competitive Landscape
Global Gas Engine Market Outlook
1. Market Overview
2. Market Revenue by Value (USD Million) and Compound Annual Growth Rate (CAGR)
3. Global Gas Engine Market Segmentation Analysis (2023 -2036
  1. By Fuel Type
    1. Natural Gas, Market Value (USD Million) and CAGR, 2023 -2036 F
    2. Special Gas, Market Value (USD Million) and CAGR, 2023 -2036 F
    3. Others, Market Value (USD Million) and CAGR, 2023 -2036 F
4. Global Gas Engine Market Segmentation Analysis (2023 -2036
  1. By Power Output
    1. Up to 100 kW, Market Value (USD Million) and CAGR, 2023 -2036 F
    2. 100 -300 kW, Market Value (USD Million) and CAGR, 2023 -2036 F
    3. 300 -500 kW, Market Value (USD Million) and CAGR, 2023 -2036 F
    4. More than 500 kW, Market Value (USD Million) and CAGR, 2023 -2036 F
5. Global Gas Engine Market Segmentation Analysis (2023-2036)
  1. By Application
    1. Power Generation, Market Value (USD Million) and CAGR, 2023-2036F
    2. Cogeneration, Market Value (USD Million) and CAGR, 2023-2036F
    3. Mechanical Drive, Market Value (USD Million) and CAGR, 2023-2036F
    4. Others, Market Value (USD Million) and CAGR, 2023-2036F
6. Global Gas Engine Market Segmentation Analysis (2023-2036)
  1. By End User
    1. Utilities, Market Value (USD Million) and CAGR, 2023-2036F
    2. Manufacturing, Market Value (USD Million) and CAGR, 2023-2036F
    3. Marine, Market Value (USD Million) and CAGR, 2023-2036F
    4. Oil & Gas, Market Value (USD Million) and CAGR, 2023-2036F
    5. Others, Market Value (USD Million) and CAGR, 2023-2036F
7. Global Gas Engine Market Segmentation Analysis (2023-2036)
  1. By Geography
    1. North America, Market Value (USD Million) and CAGR, 2023-2036F
    2. Europe, Market Value (USD Million) and CAGR, 2023-2036F
    3. Asia Pacific, Market Value (USD Million) and CAGR, 2023-2036F
    4. Latin America, Market Value (USD Million) and CAGR, 2023-2036F
    5. Middle East & Africa, Market Value (USD Million) and CAGR, 2023-2036F
Cross Analysis of Fuel Type w.r.t. End-User
North America Gas Engine Market Outlook
1. Market Overview
2. Market Revenue by Value (USD Million) and Compound Annual Growth Rate (CAGR)
3. North America Gas Engine Market Segmentation Analysis (2023 -2036
  1. By Fuel Type
    1. Natural Gas, Market Value (USD Million) and CAGR, 2023 -2036 F
    2. Special Gas, Market Value (USD Million) and CAGR, 2023 -2036 F
    3. Others, Market Value (USD Million) and CAGR, 2023 -2036 F
4. North America Gas Engine Market Segmentation Analysis (2023 -2036
  1. By Power Output
    1. Up to 100 kW, Market Value (USD Million) and CAGR, 2023 -2036 F
    2. 100 -300 kW, Market Value (USD Million) and CAGR, 2023 -2036 F
    3. 300 -500 kW, Market Value (USD Million) and CAGR, 2023 -2036 F
    4. More than 500 kW, Market Value (USD Million) and CAGR, 2023 -2036 F
5. North America Gas Engine Market Segmentation Analysis (2023-2036)
  1. By Application
    1. Power Generation, Market Value (USD Million) and CAGR, 2023-2036F
    2. Cogeneration, Market Value (USD Million) and CAGR, 2023-2036F
    3. Mechanical Drive, Market Value (USD Million) and CAGR, 2023-2036F
    4. Others, Market Value (USD Million) and CAGR, 2023-2036F
6. North America Gas Engine Market Segmentation Analysis (2023-2036)
  1. By End User
    1. Utilities, Market Value (USD Million) and CAGR, 2023-2036F
    2. Manufacturing, Market Value (USD Million) and CAGR, 2023-2036F
    3. Marine, Market Value (USD Million) and CAGR, 2023-2036F
    4. Oil & Gas, Market Value (USD Million) and CAGR, 2023-2036F
    5. Others, Market Value (USD Million) and CAGR, 2023-2036F
7. North America Gas Engine Market Segmentation Analysis (2023-2036)
  1. By Country
    1. US, Market Value (USD Million) and CAGR, 2023-2036F
    2. Canada, Market Value (USD Million) and CAGR, 2023-2036F
Europe Gas Engine Market Outlook
1. Market Overview
2. Market Revenue by Value (USD Million) and Compound Annual Growth Rate (CAGR)
3. Europe Gas Engine Market Segmentation Analysis (2023 -2036
  1. By Fuel Type
  2. By Power Output
  3. By Application
  4. By End User
4. Europe Gas Engine Market Segmentation Analysis (2023-2036)
  1. By Country
    1. UK, Market Value (USD Million) and CAGR, 2023-2036F
    2. Germany, Market Value (USD Million) and CAGR, 2023-2036F
    3. France, Market Value (USD Million) and CAGR, 2023-2036F
    4. Italy, Market Value (USD Million) and CAGR, 2023-2036F
    5. Spain, Market Value (USD Million) and CAGR, 2023-2036F
    6. Russia, Market Value (USD Million) and CAGR, 2023-2036F
    7. Netherlands, Market Value (USD Million) and CAGR, 2023-2036F
    8. Rest of Europe, Market Value (USD Million) and CAGR, 2023-2036F
Asia Pacific Gas Engine Market Outlook
1. Market Overview
2. Market Revenue by Value (USD Million) and Compound Annual Growth Rate (CAGR)
3. Asia Pacific Gas Engine Market Segmentation Analysis (2023-2036)
  1. By Fuel Type
  2. By Power Output
  3. By Application
  4. By End User
4. Asia Pacific Gas Engine Market Segmentation Analysis (2023-2036)
  1. By Country
    1. China, Market Value (USD Million) and CAGR, 2023-2036F
    2. Japan, Market Value (USD Million) and CAGR, 2023-2036F
    3. India, Market Value (USD Million), Volume (Units) and CAGR, 2023- 2036F
    4. Australia, Market Value (USD Million) and CAGR, 2023-2036F
    5. South Korea, Market Value (USD Million) and CAGR, 2023-2036F
    6. Singapore, Market Value (USD Million) and CAGR, 2023-2036F
    7. Rest of Asia Pacific, Market Value (USD Million) and CAGR, 2023-2036F
Latin America Gas Engine Market Outlook
1. Market Overview
2. Market Revenue by Value (USD Million) and Compound Annual Growth Rate (CAGR)
3. Latin America Gas Engine Market Segmentation Analysis (2023-2036)
  1. By Fuel Type
  2. By Power Output
  3. By Application
  4. By End User
4. Latin America Gas Engine Market Segmentation Analysis (2023-2036)
  1. By Country
    1. Mexico, Market Value (USD Million) and CAGR, 2023-2036F
    2. Argentina, Market Value (USD Million) and CAGR, 2023-2036F
    3. Brazil, Market Value (USD Million) and CAGR, 2023-2036F
    4. Rest of Latin America, Market Value (USD Million) and CAGR, 2023- 2036F
Middle East & Africa Gas Engine Market Outlook
1. Market Overview
2. Market Revenue by Value (USD Million) and Compound Annual Growth Rate (CAGR)
3. Middle East & Africa Gas Engine Market Segmentation Analysis (2023-2036)
  1. By Fuel Type
  2. By Power Output
  3. By Application
  4. By End User
4. Middle East & Africa Gas Engine Market Segmentation Analysis (2023-2036)
  1. By Country
    1. GCC, Market Value (USD Million) and CAGR, 2023-2036F
    2. Israel, Market Value (USD Million) and CAGR, 2023-2036F
    3. South Africa, Market Value (USD Million) and CAGR, 2023-2036F
    4. Egypt, Market Value (USD Million), Value (Units) and CAGR, 2023- 2036F
    5. Rest of Middle East & Africa, Market Value (USD Million) and CAGR, 2023-2036F
India Gas Engine Market Outlook
1. Market Overview
2. Market Revenue by Value (USD Million), Volume (Units) and Compound Annual Growth Rate (CAGR)
3. India Gas Engine Market Segmentation Analysis (2023-2036)
  1. By Fuel Type
  2. By Power Output
  3. By Application
  4. By End User
Egypt Gas Engine Market Outlook
1. Market Overview
2. Market Revenue by Value (USD Million), Volume (Units) and Compound Annual Growth Rate (CAGR)
3. Egypt Gas Engine Market Segmentation Analysis (2023-2036)
  1. By Fuel Type
  2. By Power Output
  3. By Application
  4. By End User
Oman Gas Engine Market Outlook
1. Market Overview
2. Market Revenue by Value (USD Million), Volume (Units) and Compound Annual Growth Rate (CAGR)
3. Oman Gas Engine Market Segmentation Analysis (2023-2036)
  1. By Fuel Type
  2. By Power Output
  3. By Application
  4. By End User

Gas Engine Market Analysis

Fuel Type (Natural Gas, Special gas)

The natural gas segment in the gas engines market is anticipated to garner a CAGR of 5% during the forecast period. The growth is primarily attributable to its widespread use as a source of energy for a variety of purposes such as power generation, heating, and transportation. According to the International Energy Agency (IEA), a French intergovernmental organization, the natural consumption in 2022 was 4,084 billion cubic meters (bcm) in 2022 and is expected to reach 4,242 billion cubic meters (bcm) by 2025.

Power Output (Up to 100 kW, 100-300 kW, 300-500 kW, more than 500 kW)

Amongst these, the more than 500 kW segment in the gas engines market is expected to grow at the fastest CAGR of 5.1% during the forecast period. Gas engines with a power output of more than 500 kW are commonly used as they offer the necessary power capacity, efficiency, flexibility, and reliability for industrial, utility-scale, and large-scale applications where significant amounts of electricity and heat are required.

Our in-depth analysis of the global market includes the following segments:

Fuel Type	Natural Gas Special Gas Others
Power Output	Up to 100 kW 100-300 kW 300-500 kW More than 500 kW
Application	Power Generation Cogeneration Mechanical Drives
End User	Utilities Manufacturing Marine Oil & Gas

Gas Engine Market Analysis

Gas Engine Market Analysis

Browse Key Market Insights with Data Illustration:

Frequently Asked Questions (FAQ)

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Gas Engine Market Analysis

Gas Engine Market Analysis

Browse Key Market Insights with Data Illustration:

Frequently Asked Questions (FAQ)

How much is the gas engine market worth?

Why is the demand for gas engine growing?

Which region dominated the majority of gas engine industry share?

Who are the top gas engine companies?