Global Gas Engines Market: Key Players, Innovations, and Competitive Landscape

Global Gas Engines Market Size, Share & Trends Analysis Report by Fuel Type (Natural Gas, Special Gas, Others), by Power Output (0.5-1 MW, 1.1-2 MW, 2.1-5 MW, 5.1-15 MW, Above 15 MW), by Application (Power Generation, Co-generation, Mechanical Drive, Others), by End-use Industry (Utilities, Manufacturing, Oil & Gas, Marine, Others) and Geography (North America, Europe, Asia-Pacific, Middle East and Africa, and South America), Global Economy Insights, Regional Outlook, Growth Potential, Price Trends, Competitive Market Share & Forecast, 2024-2032.

Global Gas Engines Market size was valued at USD 5.31 Billion in 2023 and is poised to grow from USD 5.71 Billion in 2024 to USD 10.14 Billion by 2032, growing at a CAGR of 7.5 % in the forecast period (2024-2032).

List of Companies Profiled

  • Cummins Inc.
  • Wärtsilä
  • INNIO
  • Caterpillar Inc.
  • Rolls-Royce PLC
  • MAN Energy Solutions
  • Mitsubishi Heavy Industries Ltd.
  • Kawasaki Heavy Industries, Ltd.
  • Siemens Energy
  • NINGBO C.S.I. POWER AND MACHINERY GROUP CO., LTD.
  • IHI Power Systems Co., Ltd.
  • JFE Engineering Corporation
  • Hyundai Heavy Industry Co

 

Report Scope and Segmentations

Study Period 2024-32
Base Year 2023
Estimated Forecast Year 2024-32
Growth Rate CAGR of 6.2% from 2024 to 2032
Segmentation By Fuel Type, By Power Output, By Application, By End-use Industry, By Region
Unit USD Billion
By Fuel Type
  • Natural Gas
  • Special Gas
  • Others
By Power Output
  • 0.5-1 MW
  • 1.1-2 MW
  • 2.1-5 MW
  • 5.1-15 MW
  • Above 15 MW
By Application
  • Power Generation
  • Co-generation
  • Mechanical Drive
  • Others
By End-use Industry
  • Utilities
  • Manufacturing
  • Oil & Gas
  • Marine
  • Others
By Region
  • North America (U.S., Canada)
  • Europe (Germany, France, UK, Italy, Spain, Russia, Rest of Europe)
  • Asia-Pacific (China, India, Japan, ASEAN, Rest of Asia-Pacific)
  • Latin America (Brazil, Mexico, Rest of Latin America)
  • MEA (Saudi Arabia, South Africa, UAE, Rest Of MEA)

 

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