Gas Engines Market Research Report - Global Forecast till 2027

Gas Engines Market Research Report: Information by Fuel Type (Natural Gas, Special Gas and others), Power Output (Up to 1 MW, 1-2 MW, 2–5 MW, 5–10 MW and10–20 MW), Horsepower (Up to 1000 HP, 1000–2000 HP and Above 2000 HP), Application (Power Generation, Cogeneration, Mechanical Drive and others), End Use (Utilities, Manufacturing, Oil & Gas, Mining and others) and Region (North America, Europe, Asia-Pacific, Middle East & Africa and South America) - Forecast till 2027

ID: MRFR/E&P/2394-CR | October 2020 | Region: Global | 165 pages

Impact of COVID-19 on the Global Gas Engines Market
Gas Engines Market


Source: Primary Experts, Secondary Sources, and MRFR Analysis


The COVID-19 outbreak has negatively affected the global economy as the operations of various sectors have come to a standstill. Some of the major industries using gas engines include oil & gas, manufacturing, and power generation. In the power generation sector, companies are dealing with several challenges due to a decline in demand for electricity post-COVID-19. Furthermore, industries such as construction and manufacturing have stopped operations completely, which has drastically impacted the gas engine market globally. Most companies in the gas engine supply chain have stopped operations to ensure the safety of employees. However, some companies are operating at minimum capacity to support essential industries, such as power generation companies and manufacturing. Numerous utilities across the globe are dependent on gas engines for power generation. As the demand for electricity has declined globally, the demand for new gas engines has also declined.


FIGURE: DECLINE IN DEMAND FOR ELECTRICITY IN MAJOR ECONOMIES SINCE THE LOCKDOWN
DECLINE IN DEMAND


 Source: IEA


Furthermore, the revenue generation for numerous manufacturing companies across the globe has declined due to the reduced demand for manufactured goods. Manufacturing companies across the globe have shut down operations and are facing numerous difficulties in restarting business operations. Some of the common difficulties faced by manufacturing companies across the globe include disruptions in the supply chain, low revenue generation due to low sales, inability to operate at 100% due to social distancing norms, and lack of human resources. The decline in demand for manufactured goods and electricity has directly impacted the demand for gas engines. However, as economies are planning to resume business to increase revenue generation gradually, the demand for the gas engines is expected to resume its average growth rate by early 2021.

1 EXECUTIVE SUMMARY

1.1 MARKET ATTRACTIVENESS ANALYSIS 14

1.1.1 GLOBAL GAS ENGINES MARKET, BY FUEL TYPE 15

1.1.2 GLOBAL GAS ENGINES MARKET, BY POWER OUTPUT 16

1.1.3 GLOBAL GAS ENGINES MARKET, BY HORSEPOWER 17

1.1.4 GLOBAL GAS ENGINES MARKET, BY APPLICATION 18

1.1.5 GLOBAL GAS ENGINES MARKET, BY END USE 19

1.1.6 GLOBAL GAS ENGINES MARKET, BY REGION 20

2 MARKET INTRODUCTION

2.1 DEFINITIONS 21

2.2 SCOPE OF THE STUDY 21

2.3 RESEARCH OBJECTIVE 21

2.4 MARKET STRUCTURE 21

2.5 KEY BUYING CRITERIA 22

3 RESEARCH METHODOLOGY

3.1 RESEARCH PROCESS 23

3.2 PRIMARY RESEARCH 24

3.3 SECONDARY RESEARCH 25

3.4 MARKET SIZE ESTIMATION 26

3.5 FORECAST MODEL 27

3.6 LIST OF ASSUMPTIONS 28

4 MARKET INSIGHTS

5 MARKET DYNAMICS

5.1 INTRODUCTION 32

5.2 DRIVERS 33

5.2.1 SHIFT TOWARDS GAS-FIRED POWER GENERATION 33

5.2.2 INCREASING FOCUS ON REDUCING CARBON EMISSIONS 34

5.3 RESTRAINTS 34

5.3.1 GEOPOLITICAL INSTABILITY 34

5.4 OPPORTUNITIES 35

5.4.1 GROWING TREND OF DISTRIBUTED GENERATION 35

6 MARKET FACTOR ANALYSIS

6.1 SUPPLY CHAIN ANALYSIS 36

6.1.1 RAW MATERIAL & COMPONENT SUPPLY 36

6.1.2 MANUFACTURE & ASSEMBLY 37

6.1.3 SALES & DISTRIBUTION 37

6.1.4 END-USE INDUSTRY 37

6.1.5 AFTERSALES 37

6.2 PORTER’S FIVE FORCES MODEL 38

6.2.1 THREAT OF NEW ENTRANTS 38

6.2.2 BARGAINING POWER OF SUPPLIERS 39

6.2.3 BARGAINING POWER OF BUYERS 39

6.2.4 THREAT OF SUBSTITUTES 39

6.2.5 RIVALRY 39

7 GLOBAL GAS ENGINES MARKET, BY FUEL TYPE

7.1 OVERVIEW 40

7.2 NATURAL GAS 41

7.3 SPECIAL GAS 41

7.4 OTHERS 41

8 GLOBAL GAS ENGINES MARKET, BY POWER OUTPUT

8.1 OVERVIEW 42

8.2 UP TO 1 MW 43

8.3 1-2 MW 43

8.4 2–5 MW 43

8.5 5–10 MW 44

8.6 10–20 MW 44

9 GLOBAL GAS ENGINES MARKET, BY HORSEPOWER

9.1 OVERVIEW 45

9.2 UP TO 1,000 HP 46

9.3 1,000 HP–2,000 HP 46

9.4 ABOVE 2,000 HP 46

10 GLOBAL GAS ENGINES MARKET, BY APPLICATION

10.1 OVERVIEW 47

10.2 POWER GENERATION 48

10.3 COGENERATION 48

10.4 MECHANICAL DRIVE 48

10.5 OTHERS 49

11 GLOBAL GAS ENGINES MARKET, BY END-USE

11.1 OVERVIEW 50

11.2 UTILITIES 51

11.3 MANUFACTURING 51

11.3.1 FOOD & BEVERAGE 51

11.3.2 AUTOMOTIVE 52

11.3.3 STEEL 52

11.3.4 OTHERS 52

11.4 OIL & GAS 52

11.5 MINING 52

11.6 OTHERS 52

12 GLOBAL GAS ENGINES MARKET, BY REGION

12.1 OVERVIEW 53

12.2 NORTH AMERICA 55

12.2.1 US 57

12.2.2 CANADA 59

12.2.3 MEXICO 61

12.3 EUROPE 64

12.3.1 GERMANY 66

12.3.2 UK 68

12.3.3 FRANCE 70

12.3.4 ITALY 72

12.3.5 SPAIN 74

12.3.6 REST OF EUROPE 76

12.4 ASIA-PACIFIC 79

12.4.1 CHINA 81

12.4.2 INDIA 83

12.4.3 JAPAN 85

12.4.4 AUSTRALIA 87

12.4.5 REST OF ASIA-PACIFIC 89

12.5 MIDDLE EAST & AFRICA 92

12.5.1 SAUDI ARABIA 94

12.5.2 UAE 96

12.5.3 SOUTH AFRICA 98

12.5.4 REST OF MIDDLE EAST & AFRICA 100

12.6 SOUTH AMERICA 103

12.6.1 BRAZIL 105

12.6.2 ARGENTINA 107

12.6.3 REST OF SOUTH AMERICA 109

13 COMPETITIVE LANDSCAPE

13.1 COMPETITIVE OVERVIEW 112

13.2 COMPETITIVE BENCHMARKING 113

13.3 MARKET SHARE ANALYSIS 114

14 COMPANY PROFILES

14.1 CUMMINS INC. 115

14.1.1 COMPANY OVERVIEW 115

14.1.2 FINANCIAL OVERVIEW 116

14.1.3 PRODUCTS OFFERED 116

14.1.4 KEY DEVELOPMENTS 117

14.1.5 SWOT ANALYSIS 118

14.1.6 KEY STRATEGIES 118

14.2 CATERPILLAR 119

14.2.1 COMPANY OVERVIEW 119

14.2.2 FINANCIAL OVERVIEW 120

14.2.3 PRODUCTS OFFERED 120

14.2.4 KEY DEVELOPMENTS 121

14.2.5 SWOT ANALYSIS 122

14.2.6 KEY STRATEGIES 122

14.3 MITSUBISHI HEAVY INDUSTRIES, LTD 123

14.3.1 COMPANY OVERVIEW 123

14.3.2 FINANCIAL OVERVIEW 124

14.3.3 PRODUCTS OFFERED 124

14.3.4 KEY DEVELOPMENTS 125

14.3.5 SWOT ANALYSIS 125

14.3.6 KEY STRATEGIES 125

14.4 ROLLS-ROYCE PLC 126

14.4.1 COMPANY OVERVIEW 126

14.4.2 FINANCIAL OVERVIEW 127

14.4.3 PRODUCTS OFFERED 127

14.4.4 KEY DEVELOPMENTS 128

14.4.5 SWOT ANALYSIS 129

14.4.6 KEY STRATEGIES 129

14.5 VOLKSWAGEN AG 130

14.5.1 COMPANY OVERVIEW 130

14.5.2 FINANCIAL OVERVIEW 131

14.5.3 PRODUCTS OFFERED 132

14.5.4 KEY DEVELOPMENTS 132

14.5.5 SWOT ANALYSIS 133

14.5.6 KEY STRATEGIES 133

14.6 WÄRTSILÄ 134

14.6.1 COMPANY OVERVIEW 134

14.6.2 FINANCIAL OVERVIEW 135

14.6.3 PRODUCTS OFFERED 136

14.6.4 KEY DEVELOPMENTS 136

14.7 KOHLER CO. 137

14.7.1 COMPANY OVERVIEW 137

14.7.2 FINANCIAL OVERVIEW 137

14.7.3 PRODUCTS OFFERED 137

14.7.4 KEY DEVELOPMENTS 137

14.8 YANMAR CO LTD 138

14.8.1 COMPANY OVERVIEW 138

14.8.2 FINANCIAL OVERVIEW 138

14.8.3 PRODUCTS OFFERED 139

14.8.4 KEY DEVELOPMENTS 139

14.9 HYUNDAI HEAVY INDUSTRIES CO., LTD 140

14.9.1 COMPANY OVERVIEW 140

14.9.2 FINANCIAL OVERVIEW 141

14.9.3 PRODUCTS OFFERED 141

14.9.4 KEY DEVELOPMENTS 141

14.10 CHINA YUCHAI INTERNATIONAL LIMITED 142

14.10.1 COMPANY OVERVIEW 142

14.10.2 FINANCIAL OVERVIEW 143

14.10.3 PRODUCTS OFFERED 144

14.10.4 KEY DEVELOPMENTS 144

14.11 SIEMENS 145

14.11.1 COMPANY OVERVIEW 145

14.11.2 FINANCIAL OVERVIEW 146

14.11.3 PRODUCTS OFFERED 147

14.11.4 KEY DEVELOPMENTS 148

14.12 DOOSAN CORPORATION 149

14.12.1 COMPANY OVERVIEW 149

14.12.2 FINANCIAL OVERVIEW 150

14.12.3 PRODUCTS OFFERED 151

14.12.4 KEY DEVELOPMENTS 151

14.13 COOPER CORP. 152

14.13.1 COMPANY OVERVIEW 152

14.13.2 FINANCIAL OVERVIEW 152

14.13.3 PRODUCTS OFFERED 152

14.13.4 KEY DEVELOPMENTS 152

14.14 INNIO 153

14.14.1 COMPANY OVERVIEW 153

14.14.2 FINANCIAL OVERVIEW 153

14.14.3 PRODUCTS OFFERED 153

14.14.4 KEY DEVELOPMENTS 154

15 LIST OF TABLES

TABLE 1 PRIMARY INTERVIEWS 27

TABLE 2 LIST OF ASSUMPTIONS 31

TABLE 3 GLOBAL GAS ENGINES: MARKET ESTIMATES & FORECAST, BY FUEL TYPE, 2020-2027 (USD MILLION) 44

TABLE 4 GLOBAL GAS ENGINES: MARKET ESTIMATES & FORECAST, BY POWER OUTPUT, 2020-2027 (USD MILLION) 46

TABLE 5 GLOBAL GAS ENGINES: MARKET ESTIMATES & FORECAST, BY HORSEPOWER, 2020-2027 (USD MILLION) 49

TABLE 6 GLOBAL GAS ENGINES: MARKET ESTIMATES & FORECAST, BY APPLICATION, 2020-2027 (USD MILLION) 51

TABLE 7 GLOBAL GAS ENGINES: MARKET ESTIMATES & FORECAST, BY END-USE, 2020-2027 (USD MILLION) 54

TABLE 8 GLOBAL GAS ENGINES MARKET, BY REGION, 2020-2027 (USD MILLION) 57

TABLE 9 NORTH AMERICA: GAS ENGINES MARKET, BY COUNTRY, 2020-2027 (USD MILLION) 58

TABLE 10 NORTH AMERICA: GAS ENGINES MARKET ESTIMATES & FORECAST, BY FUEL TYPE, 2020-2027 (USD MILLION) 58

TABLE 11 NORTH AMERICA: GAS ENGINES MARKET ESTIMATES & FORECAST, BY POWER OUTPUT, 2020-2027 (USD MILLION) 59

TABLE 12 NORTH AMERICA: GAS ENGINES MARKET ESTIMATES & FORECAST, BY HORSEPOWER, 2020-2027 (USD MILLION) 59

TABLE 13 NORTH AMERICA: GAS ENGINES MARKET ESTIMATES & FORECAST, BY APPLICATION, 2020-2027 (USD MILLION) 59

TABLE 14 NORTH AMERICA: GAS ENGINES MARKET ESTIMATES & FORECAST, BY END-USE, 2020-2027 (USD MILLION) 60

TABLE 15 US: GAS ENGINES MARKET ESTIMATES & FORECAST, BY FUEL TYPE, 2020-2027 (USD MILLION) 60

TABLE 16 US: GAS ENGINES MARKET ESTIMATES & FORECAST, BY POWER OUTPUT, 2020-2027 (USD MILLION) 61

TABLE 17 US: GAS ENGINES MARKET ESTIMATES & FORECAST, BY HORSEPOWER, 2020-2027 (USD MILLION) 61

TABLE 18 US: GAS ENGINES MARKET ESTIMATES & FORECAST, BY APPLICATION, 2020-2027 (USD MILLION) 61

TABLE 19 US: GAS ENGINES MARKET ESTIMATES & FORECAST, BY END-USE, 2020-2027 (USD MILLION) 62

TABLE 20 CANADA: GAS ENGINES MARKET ESTIMATES & FORECAST, BY FUEL TYPE, 2020-2027 (USD MILLION) 62

TABLE 21 CANADA: GAS ENGINES MARKET ESTIMATES & FORECAST, BY POWER OUTPUT, 2020-2027 (USD MILLION) 63

TABLE 22 CANADA: GAS ENGINES MARKET ESTIMATES & FORECAST, BY HORSEPOWER, 2020-2027 (USD MILLION) 63

TABLE 23 CANADA: GAS ENGINES MARKET ESTIMATES & FORECAST, BY APPLICATION, 2020-2027 (USD MILLION) 63

TABLE 24 CANADA: GAS ENGINES MARKET ESTIMATES & FORECAST, BY END-USE, 2020-2027 (USD MILLION) 64

TABLE 25 MEXICO: GAS ENGINES MARKET ESTIMATES & FORECAST, BY FUEL TYPE, 2020-2027 (USD MILLION) 64

TABLE 26 MEXICO: GAS ENGINES MARKET ESTIMATES & FORECAST, BY POWER OUTPUT, 2020-2027 (USD MILLION) 65

TABLE 27 MEXICO: GAS ENGINES MARKET ESTIMATES & FORECAST, BY HORSEPOWER, 2020-2027 (USD MILLION) 65

TABLE 28 MEXICO: GAS ENGINES MARKET ESTIMATES & FORECAST, BY APPLICATION, 2020-2027 (USD MILLION) 65

TABLE 29 MEXICO: GAS ENGINES MARKET ESTIMATES & FORECAST, BY END-USE, 2020-2027 (USD MILLION) 66

TABLE 30 EUROPE: GAS ENGINES MARKET, BY COUNTRY, 2020-2027 (USD MILLION) 67

TABLE 31 EUROPE: GAS ENGINES MARKET ESTIMATES & FORECAST, BY FUEL TYPE, 2020-2027 (USD MILLION) 67

TABLE 32 EUROPE: GAS ENGINES MARKET ESTIMATES & FORECAST, BY POWER OUTPUT, 2020-2027 (USD MILLION) 68

TABLE 33 EUROPE: GAS ENGINES MARKET ESTIMATES & FORECAST, BY HORSEPOWER, 2020-2027 (USD MILLION) 68

TABLE 34 EUROPE: GAS ENGINES MARKET ESTIMATES & FORECAST, BY APPLICATION, 2020-2027 (USD MILLION) 68

TABLE 35 EUROPE: GAS ENGINES MARKET ESTIMATES & FORECAST, BY END-USE, 2020-2027 (USD MILLION) 69

TABLE 36 GERMANY: GAS ENGINES MARKET ESTIMATES & FORECAST, BY FUEL TYPE, 2020-2027 (USD MILLION) 69

TABLE 37 GERMANY: GAS ENGINES MARKET ESTIMATES & FORECAST, BY POWER OUTPUT, 2020-2027 (USD MILLION) 70

TABLE 38 GERMANY: GAS ENGINES MARKET ESTIMATES & FORECAST, BY HORSEPOWER, 2020-2027 (USD MILLION) 70

TABLE 39 GERMANY: GAS ENGINES MARKET ESTIMATES & FORECAST, BY APPLICATION, 2020-2027 (USD MILLION) 70

TABLE 40 GERMANY: GAS ENGINES MARKET ESTIMATES & FORECAST, BY END-USE, 2020-2027 (USD MILLION) 71

TABLE 41 UK: GAS ENGINES MARKET ESTIMATES & FORECAST, BY FUEL TYPE, 2020-2027 (USD MILLION) 71

TABLE 42 UK: GAS ENGINES MARKET ESTIMATES & FORECAST, BY POWER OUTPUT, 2020-2027 (USD MILLION) 72

TABLE 43 UK: GAS ENGINES MARKET ESTIMATES & FORECAST, BY HORSEPOWER, 2020-2027 (USD MILLION) 72

TABLE 44 UK: GAS ENGINES MARKET ESTIMATES & FORECAST, BY APPLICATION, 2020-2027 (USD MILLION) 72

TABLE 45 UK: GAS ENGINES MARKET ESTIMATES & FORECAST, BY END-USE, 2020-2027 (USD MILLION) 73

TABLE 46 FRANCE: GAS ENGINES MARKET ESTIMATES & FORECAST, BY FUEL TYPE, 2020-2027 (USD MILLION) 73

TABLE 47 FRANCE: GAS ENGINES MARKET ESTIMATES & FORECAST, BY POWER OUTPUT, 2020-2027 (USD MILLION) 74

TABLE 48 FRANCE: GAS ENGINES MARKET ESTIMATES & FORECAST, BY HORSEPOWER, 2020-2027 (USD MILLION) 74

TABLE 49 FRANCE: GAS ENGINES MARKET ESTIMATES & FORECAST, BY APPLICATION, 2020-2027 (USD MILLION) 74

TABLE 50 FRANCE: GAS ENGINES MARKET ESTIMATES & FORECAST, BY END-USE, 2020-2027 (USD MILLION) 75

TABLE 51 ITALY: GAS ENGINES MARKET ESTIMATES & FORECAST, BY FUEL TYPE, 2020-2027 (USD MILLION) 75

TABLE 52 ITALY: GAS ENGINES MARKET ESTIMATES & FORECAST, BY POWER OUTPUT, 2020-2027 (USD MILLION) 76

TABLE 53 ITALY: GAS ENGINES MARKET ESTIMATES & FORECAST, BY HORSEPOWER, 2020-2027 (USD MILLION) 76

TABLE 54 ITALY: GAS ENGINES MARKET ESTIMATES & FORECAST, BY APPLICATION, 2020-2027 (USD MILLION) 76

TABLE 55 ITALY: GAS ENGINES MARKET ESTIMATES & FORECAST, BY END-USE, 2020-2027 (USD MILLION) 77

TABLE 56 SPAIN: GAS ENGINES MARKET ESTIMATES & FORECAST, BY FUEL TYPE, 2020-2027 (USD MILLION) 77

TABLE 57 SPAIN: GAS ENGINES MARKET ESTIMATES & FORECAST, BY POWER OUTPUT, 2020-2027 (USD MILLION) 78

TABLE 58 SPAIN: GAS ENGINES MARKET ESTIMATES & FORECAST, BY HORSEPOWER, 2020-2027 (USD MILLION) 78

TABLE 59 SPAIN: GAS ENGINES MARKET ESTIMATES & FORECAST, BY APPLICATION, 2020-2027 (USD MILLION) 78

TABLE 60 SPAIN: GAS ENGINES MARKET ESTIMATES & FORECAST, BY END-USE, 2020-2027 (USD MILLION) 79

TABLE 61 REST OF EUROPE: GAS ENGINES MARKET ESTIMATES & FORECAST, BY FUEL TYPE, 2020-2027 (USD MILLION) 79

TABLE 62 REST OF EUROPE: GAS ENGINES MARKET ESTIMATES & FORECAST, BY POWER OUTPUT, 2020-2027 (USD MILLION) 80

TABLE 63 REST OF EUROPE: GAS ENGINES MARKET ESTIMATES & FORECAST, BY HORSEPOWER, 2020-2027 (USD MILLION) 80

TABLE 64 REST OF EUROPE: GAS ENGINES MARKET ESTIMATES & FORECAST, BY APPLICATION, 2020-2027 (USD MILLION) 80

TABLE 65 REST OF EUROPE: GAS ENGINES MARKET ESTIMATES & FORECAST, BY END-USE, 2020-2027 (USD MILLION) 81

TABLE 66 ASIA-PACIFIC: GAS ENGINES MARKET, BY COUNTRY, 2020-2027 (USD MILLION) 82

TABLE 67 ASIA-PACIFIC: GAS ENGINES MARKET ESTIMATES & FORECAST, BY FUEL TYPE, 2020-2027 (USD MILLION) 82

TABLE 68 ASIA-PACIFIC: GAS ENGINES MARKET ESTIMATES & FORECAST, BY POWER OUTPUT, 2020-2027 (USD MILLION) 83

TABLE 69 ASIA-PACIFIC: GAS ENGINES MARKET ESTIMATES & FORECAST, BY HORSEPOWER, 2020-2027 (USD MILLION) 83

TABLE 70 ASIA-PACIFIC: GAS ENGINES MARKET ESTIMATES & FORECAST, BY APPLICATION, 2020-2027 (USD MILLION) 83

TABLE 71 ASIA-PACIFIC: GAS ENGINES MARKET ESTIMATES & FORECAST, BY END-USE, 2020-2027 (USD MILLION) 84

TABLE 72 CHINA: GAS ENGINES MARKET ESTIMATES & FORECAST, BY FUEL TYPE, 2020-2027 (USD MILLION) 84

TABLE 73 CHINA: GAS ENGINES MARKET ESTIMATES & FORECAST, BY POWER OUTPUT, 2020-2027 (USD MILLION) 85

TABLE 74 CHINA: GAS ENGINES MARKET ESTIMATES & FORECAST, BY HORSEPOWER, 2020-2027 (USD MILLION) 85

TABLE 75 CHINA: GAS ENGINES MARKET ESTIMATES & FORECAST, BY APPLICATION, 2020-2027 (USD MILLION) 85

TABLE 76 CHINA: GAS ENGINES MARKET ESTIMATES & FORECAST, BY END-USE, 2020-2027 (USD MILLION) 86

TABLE 77 INDIA: GAS ENGINES MARKET ESTIMATES & FORECAST, BY FUEL TYPE, 2020-2027 (USD MILLION) 86

TABLE 78 INDIA: GAS ENGINES MARKET ESTIMATES & FORECAST, BY POWER OUTPUT, 2020-2027 (USD MILLION) 87

TABLE 79 INDIA: GAS ENGINES MARKET ESTIMATES & FORECAST, BY HORSEPOWER, 2020-2027 (USD MILLION) 87

TABLE 80 INDIA: GAS ENGINES MARKET ESTIMATES & FORECAST, BY APPLICATION, 2020-2027 (USD MILLION) 87

TABLE 81 INDIA: GAS ENGINES MARKET ESTIMATES & FORECAST, BY END-USE, 2020-2027 (USD MILLION) 88

TABLE 82 JAPAN: GAS ENGINES MARKET ESTIMATES & FORECAST, BY FUEL TYPE, 2020-2027 (USD MILLION) 88

TABLE 83 JAPAN: GAS ENGINES MARKET ESTIMATES & FORECAST, BY POWER OUTPUT, 2020-2027 (USD MILLION) 89

TABLE 84 JAPAN: GAS ENGINES MARKET ESTIMATES & FORECAST, BY HORSEPOWER, 2020-2027 (USD MILLION) 89

TABLE 85 JAPAN: GAS ENGINES MARKET ESTIMATES & FORECAST, BY APPLICATION, 2020-2027 (USD MILLION) 89

TABLE 86 JAPAN: GAS ENGINES MARKET ESTIMATES & FORECAST, BY END-USE, 2020-2027 (USD MILLION) 90

TABLE 87 AUSTRALIA: GAS ENGINES MARKET ESTIMATES & FORECAST, BY FUEL TYPE, 2020-2027 (USD MILLION) 90

TABLE 88 AUSTRALIA: GAS ENGINES MARKET ESTIMATES & FORECAST, BY POWER OUTPUT, 2020-2027 (USD MILLION) 91

TABLE 89 AUSTRALIA: GAS ENGINES MARKET ESTIMATES & FORECAST, BY HORSEPOWER, 2020-2027 (USD MILLION) 91

TABLE 90 AUSTRALIA: GAS ENGINES MARKET ESTIMATES & FORECAST, BY APPLICATION, 2020-2027 (USD MILLION) 91

TABLE 91 AUSTRALIA: GAS ENGINES MARKET ESTIMATES & FORECAST, BY END-USE, 2020-2027 (USD MILLION) 92

TABLE 92 REST OF ASIA-PACIFIC: GAS ENGINES MARKET ESTIMATES & FORECAST, BY FUEL TYPE, 2020-2027 (USD MILLION) 92

TABLE 93 REST OF ASIA-PACIFIC: GAS ENGINES MARKET ESTIMATES & FORECAST, BY POWER OUTPUT, 2020-2027 (USD MILLION) 93

TABLE 94 REST OF ASIA-PACIFIC: GAS ENGINES MARKET ESTIMATES & FORECAST, BY HORSEPOWER, 2020-2027 (USD MILLION) 93

TABLE 95 REST OF ASIA-PACIFIC: GAS ENGINES MARKET ESTIMATES & FORECAST, BY APPLICATION, 2020-2027 (USD MILLION) 93

TABLE 96 REST OF ASIA-PACIFIC: GAS ENGINES MARKET ESTIMATES & FORECAST, BY END-USE, 2020-2027 (USD MILLION) 94

TABLE 97 MIDDLE EAST & AFRICA: GAS ENGINES MARKET, BY COUNTRY, 2020-2027 (USD MILLION) 95

TABLE 98 MIDDLE EAST & AFRICA: GAS ENGINES MARKET ESTIMATES & FORECAST, BY FUEL TYPE, 2020-2027 (USD MILLION) 95

TABLE 99 MIDDLE EAST & AFRICA: GAS ENGINES MARKET ESTIMATES & FORECAST, BY POWER OUTPUT, 2020-2027 (USD MILLION) 96

TABLE 100 MIDDLE EAST & AFRICA: GAS ENGINES MARKET ESTIMATES & FORECAST, BY HORSEPOWER, 2020-2027 (USD MILLION) 96

TABLE 101 MIDDLE EAST & AFRICA: GAS ENGINES MARKET ESTIMATES & FORECAST, BY APPLICATION, 2020-2027 (USD MILLION) 96

TABLE 102 MIDDLE EAST & AFRICA: GAS ENGINES MARKET ESTIMATES & FORECAST, BY END USE, 2020-2027 (USD MILLION) 97

TABLE 103 SAUDI ARABIA: GAS ENGINES MARKET ESTIMATES & FORECAST, BY FUEL TYPE, 2020-2027 (USD MILLION) 97

TABLE 104 SAUDI ARABIA: GAS ENGINES MARKET ESTIMATES & FORECAST, BY POWER OUTPUT, 2020-2027 (USD MILLION) 98

TABLE 105 SAUDI ARABIA: GAS ENGINES MARKET ESTIMATES & FORECAST, BY HORSEPOWER, 2020-2027 (USD MILLION) 98

TABLE 106 SAUDI ARABIA: GAS ENGINES MARKET ESTIMATES & FORECAST, BY APPLICATION, 2020-2027 (USD MILLION) 98

TABLE 107 SAUDI ARABIA: GAS ENGINES MARKET ESTIMATES & FORECAST, BY END USE, 2020-2027 (USD MILLION) 99

TABLE 108 UAE: GAS ENGINES MARKET ESTIMATES & FORECAST, BY FUEL TYPE, 2020-2027 (USD MILLION) 99

TABLE 109 UAE: GAS ENGINES MARKET ESTIMATES & FORECAST, BY POWER OUTPUT, 2020-2027 (USD MILLION) 100

TABLE 110 UAE: GAS ENGINES MARKET ESTIMATES & FORECAST, BY HORSEPOWER, 2020-2027 (USD MILLION) 100

TABLE 111 UAE: GAS ENGINES MARKET ESTIMATES & FORECAST, BY APPLICATION, 2020-2027 (USD MILLION) 100

TABLE 112 UAE: GAS ENGINES MARKET ESTIMATES & FORECAST, BY END USE, 2020-2027 (USD MILLION) 101

TABLE 113 SOUTH AFRICA: GAS ENGINES MARKET ESTIMATES & FORECAST, BY FUEL TYPE, 2020-2027 (USD MILLION) 101

TABLE 114 SOUTH AFRICA: GAS ENGINES MARKET ESTIMATES & FORECAST, BY POWER OUTPUT, 2020-2027 (USD MILLION) 102

TABLE 115 SOUTH AFRICA: GAS ENGINES MARKET ESTIMATES & FORECAST, BY HORSEPOWER, 2020-2027 (USD MILLION) 102

TABLE 116 SOUTH AFRICA: GAS ENGINES MARKET ESTIMATES & FORECAST, BY APPLICATION, 2020-2027 (USD MILLION) 102

TABLE 117 SOUTH AFRICA: GAS ENGINES MARKET ESTIMATES & FORECAST, BY END USE, 2020-2027 (USD MILLION) 103

TABLE 118 REST OF MIDDLE EAST & AFRICA: GAS ENGINES MARKET ESTIMATES & FORECAST, BY FUEL TYPE, 2020-2027 (USD MILLION) 103

TABLE 119 REST OF MIDDLE EAST & AFRICA: GAS ENGINES MARKET ESTIMATES & FORECAST, BY POWER OUTPUT, 2020-2027

(USD MILLION) 104

TABLE 120 REST OF MIDDLE EAST & AFRICA: GAS ENGINES MARKET ESTIMATES & FORECAST, BY HORSEPOWER, 2020-2027

(USD MILLION) 104

TABLE 121 REST OF MIDDLE EAST & AFRICA: GAS ENGINES MARKET ESTIMATES & FORECAST, BY APPLICATION, 2020-2027 (USD MILLION) 105

TABLE 122 REST OF MIDDLE EAST & AFRICA: GAS ENGINES MARKET ESTIMATES & FORECAST, BY END USE, 2020-2027 (USD MILLION) 105

TABLE 123 SOUTH AMERICA: GLOBAL GAS ENGINES MARKET, BY COUNTRY, 2020-2027 (USD MILLION) 106

TABLE 124 SOUTH AMERICA: GAS ENGINES MARKET ESTIMATES & FORECAST, BY FUEL TYPE, 2020-2027 (USD MILLION) 106

TABLE 125 SOUTH AMERICA: GAS ENGINES MARKET ESTIMATES & FORECAST, BY POWER OUTPUT, 2020-2027 (USD MILLION) 107

TABLE 126 SOUTH AMERICA: GAS ENGINES MARKET ESTIMATES & FORECAST, BY HORSEPOWER, 2020-2027 (USD MILLION) 107

TABLE 127 SOUTH AMERICA: GAS ENGINES MARKET ESTIMATES & FORECAST, BY APPLICATION, 2020-2027 (USD MILLION) 107

TABLE 128 SOUTH AMERICA: GAS ENGINES MARKET ESTIMATES & FORECAST, BY END USE, 2020-2027 (USD MILLION) 108

TABLE 129 BRAZIL: GAS ENGINES MARKET ESTIMATES & FORECAST, BY FUEL TYPE, 2020-2027 (USD MILLION) 108

TABLE 130 BRAZIL: GAS ENGINES MARKET ESTIMATES & FORECAST, BY POWER OUTPUT, 2020-2027 (USD MILLION) 109

TABLE 131 BRAZIL: GAS ENGINES MARKET ESTIMATES & FORECAST, BY HORSEPOWER, 2020-2027 (USD MILLION) 109

TABLE 132 BRAZIL: GAS ENGINES MARKET ESTIMATES & FORECAST, BY APPLICATION, 2020-2027 (USD MILLION) 109

TABLE 133 BRAZIL: GAS ENGINES MARKET ESTIMATES & FORECAST, BY END USE, 2020-2027 (USD MILLION) 110

TABLE 134 ARGENTINA: GAS ENGINES MARKET ESTIMATES & FORECAST, BY FUEL TYPE, 2020-2027 (USD MILLION) 110

TABLE 135 ARGENTINA: GAS ENGINES MARKET ESTIMATES & FORECAST, BY POWER OUTPUT, 2020-2027 (USD MILLION) 111

TABLE 136 ARGENTINA: GAS ENGINES MARKET ESTIMATES & FORECAST, BY HORSEPOWER, 2020-2027 (USD MILLION) 111

TABLE 137 ARGENTINA: GAS ENGINES MARKET ESTIMATES & FORECAST, BY APPLICATION, 2020-2027 (USD MILLION) 111

TABLE 138 ARGENTINA: GAS ENGINES MARKET ESTIMATES & FORECAST, BY END USE, 2020-2027 (USD MILLION) 112

TABLE 139 REST OF SOUTH AMERICA: GAS ENGINES MARKET ESTIMATES & FORECAST, BY FUEL TYPE, 2020-2027 (USD MILLION) 112

TABLE 140 REST OF SOUTH AMERICA: GAS ENGINES MARKET ESTIMATES & FORECAST, BY POWER OUTPUT, 2020-2027 (USD MILLION) 113

TABLE 141 REST OF SOUTH AMERICA: GAS ENGINES MARKET ESTIMATES & FORECAST, BY HORSEPOWER, 2020-2027 (USD MILLION) 113

TABLE 142 REST OF SOUTH AMERICA: GAS ENGINES MARKET ESTIMATES & FORECAST, BY APPLICATION, 2020-2027 (USD MILLION) 113

TABLE 143 REST OF SOUTH AMERICA: GAS ENGINES MARKET ESTIMATES & FORECAST, BY END USE, 2020-2027 (USD MILLION) 114

TABLE 144 CUMMINS INC.: SERVICES OFFERED 119

TABLE 145 CUMMINS INC.: KEY DEVELOPMENTS 120

TABLE 146 CATERPILLAR: PRODUCTS OFFERED 123

TABLE 147 CATERPILLAR: KEY DEVELOPMENTS 124

TABLE 148 MITSUBISHI HEAVY INDUSTRIES, LTD: PRODUCTS OFFERED 127

TABLE 149 ROLLS-ROYCE PLC: PRODUCTS OFFERED 130

TABLE 150 ROLLS-ROYCE PLC: KEY DEVELOPMENTS 131

TABLE 151 VOLKSWAGEN AG: PRODUCTS OFFERED 135

TABLE 152 VOLKSWAGEN AG: KEY DEVELOPMENTS 135

TABLE 153 WÄRTSILÄ: PRODUCTS OFFERED 139

TABLE 154 WÄRTSILÄ: KEY DEVELOPMENTS 139

TABLE 155 KOHLER CO.: PRODUCTS OFFERED 140

TABLE 156 YANMAR CO LTD: PRODUCTS OFFERED 142

TABLE 157 YANMAR CO LTD: KEY DEVELOPMENTS 142

TABLE 158 HYUNDAI HEAVY INDUSTRIES CO., LTD: PRODUCTS OFFERED 144

TABLE 159 CHINA YUCHAI INTERNATIONAL LIMITED: PRODUCTS OFFERED 147

TABLE 160 CHINA YUCHAI INTERNATIONAL LIMITED: KEY DEVELOPMENTS 147

TABLE 161 SIEMENS: PRODUCTS OFFERED 150

TABLE 162 SIEMENS: KEY DEVELOPMENTS 151

TABLE 163 DOOSAN CORPORATION: PRODUCTS OFFERED 154

TABLE 164 DOOSAN CORPORATION: KEY DEVELOPMENTS 154

TABLE 165 COOPER CORP.: PRODUCTS OFFERED 155

TABLE 166 INNIO: PRODUCTS OFFERED 156

TABLE 167 INNIO: KEY DEVELOPMENTS 157

16 LIST OF FIGURES

FIGURE 1 MARKET SYNOPSIS 17

FIGURE 2 MARKET ATTRACTIVENESS ANALYSIS: GLOBAL GAS ENGINES MARKET 18

FIGURE 3 GLOBAL GAS ENGINES MARKET ANALYSIS, BY FUEL TYPE 19

FIGURE 4 GLOBAL GAS ENGINES MARKET ANALYSIS, BY POWER OUTPUT 20

FIGURE 5 GLOBAL GAS ENGINES MARKET ANALYSIS, BY HORSEPOWER 21

FIGURE 6 GLOBAL GAS ENGINES MARKET ANALYSIS, BY APPLICATION 22

FIGURE 7 GLOBAL GAS ENGINES MARKET ANALYSIS, BY END USE 23

FIGURE 8 GLOBAL GAS ENGINES MARKET ANALYSIS, BY REGION 24

FIGURE 9 GLOBAL GAS ENGINES MARKET: STRUCTURE 25

FIGURE 10 KEY BUYING CRITERIA FOR GLOBAL GAS ENGINES MARKET 26

FIGURE 11 RESEARCH PROCESS 27

FIGURE 12 TOP-DOWN & BOTTOM-UP APPROACHES 30

FIGURE 13 NORTH AMERICA: GAS ENGINES MARKET SIZE & MARKET SHARE, BY COUNTRY (2020 VS 2027) 33

FIGURE 14 EUROPE: GAS ENGINES MARKET SIZE & MARKET SHARE, BY COUNTRY (2020 VS 2027) 33

FIGURE 15 ASIA-PACIFIC: GAS ENGINES MARKET SIZE & MARKET SHARE, BY COUNTRY (2020 VS 2027) 34

FIGURE 16 MIDDLE EAST & AFRICA: GAS ENGINES MARKET SIZE & MARKET SHARE, BY COUNTRY (2020 VS 2027) 34

FIGURE 17 SOUTH AMERICA: GAS ENGINES MARKET SIZE & MARKET SHARE, BY COUNTRY (2020 VS 2027) 35

FIGURE 18 DRO ANALYSIS: GLOBAL GAS ENGINES MARKET 36

FIGURE 19 NATURAL GAS: PRODUCTION IN BILLION CUBIC METERS 37

FIGURE 20 SUPPLY CHAIN ANALYSIS: GLOBAL GAS ENGINES MARKET 40

FIGURE 21 PORTER'S FIVE FORCES ANALYSIS: GLOBAL GAS ENGINES MARKET 42

FIGURE 22 GLOBAL GAS ENGINES MARKET, BY FUEL TYPE, 2020 (% SHARE) 44

FIGURE 23 GLOBAL GAS ENGINES MARKET, BY FUEL TYPE, 2020 to 2027 (USD MILLION) 44

FIGURE 24 GLOBAL GAS ENGINES MARKET, BY POWER OUTPUT, 2020 (% SHARE) 46

FIGURE 25 GLOBAL GAS ENGINES MARKET, BY POWER OUTPUT, 2020 to 2027 (USD MILLION) 46

FIGURE 26 GLOBAL GAS ENGINES MARKET, BY HORSEPOWER, 2020 (% SHARE) 49

FIGURE 27 GLOBAL GAS ENGINES MARKET, BY HORSEPOWER, 2020 to 2027 (USD MILLION) 49

FIGURE 28 GLOBAL GAS ENGINES MARKET, BY APPLICATION, 2020 (% SHARE) 51

FIGURE 29 GLOBAL GAS ENGINES MARKET, BY APPLICATION, 2020 to 2027 (USD MILLION) 51

FIGURE 30 GLOBAL GAS ENGINES MARKET, BY END-USE, 2020 (% SHARE) 54

FIGURE 31 GLOBAL GAS ENGINES MARKET, BY END-USE, 2020 to 2027 (USD MILLION) 54

FIGURE 32 GLOBAL GAS ENGINES MARKET, BY REGION, 2020 (% SHARE) 57

FIGURE 33 GLOBAL GAS ENGINES MARKET, BY REGION, 2020-2027 (USD MILLION) 58

FIGURE 34 BENCHMARKING OF MAJOR COMPETITORS 117

FIGURE 35 MARKET SHARE ANALYSIS, 2020 118

FIGURE 36 CUMMINS INC.: FINANCIAL OVERVIEW SNAPSHOT 120

FIGURE 37 CUMMINS INC.: SWOT ANALYSIS 122

FIGURE 38 CATERPILLAR: FINANCIAL OVERVIEW SNAPSHOT 124

FIGURE 39 CATERPILLAR: SWOT ANALYSIS 126

FIGURE 40 MITSUBISHI HEAVY INDUSTRIES, LTD: FINANCIAL OVERVIEW SNAPSHOT 128

FIGURE 41 MITSUBISHI HEAVY INDUSTRIES, LTD: SWOT ANALYSIS 129

FIGURE 42 ROLLS-ROYCE PLC: FINANCIAL OVERVIEW SNAPSHOT 131

FIGURE 43 ROLLS-ROYCE PLC: SWOT ANALYSIS 133

FIGURE 44 VOLKSWAGEN AG: FINANCIAL OVERVIEW SNAPSHOT 135

FIGURE 45 VOLKSWAGEN GROUP: SWOT ANALYSIS 137

FIGURE 46 WÄRTSILÄ: FINANCIAL OVERVIEW SNAPSHOT 139

FIGURE 47 YANMAR CO LTD: FINANCIAL OVERVIEW SNAPSHOT 142

FIGURE 48 HYUNDAI HEAVY INDUSTRIES CO., LTD: FINANCIAL OVERVIEW SNAPSHOT 145

FIGURE 49 CHINA YUCHAI INTERNATIONAL LIMITED: FINANCIAL OVERVIEW SNAPSHOT 147

FIGURE 50 SIEMENS: FINANCIAL OVERVIEW SNAPSHOT 150

FIGURE 51 DOOSAN CORPORATION: FINANCIAL OVERVIEW SNAPSHOT 154