The analysts forecast the global gas engine market to grow at a CAGR of 7.58% during the period 2017-2021.
Global Gas Engine Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
One trend in market is emergence of dual-fuel engines. Dual fuel engines use two types of fuels during operation. Such engines can switch between the fuels so that they use the most efficient one for any condition. Usually, the engine starts by using diesel and later add natural gas, which ignites quickly, thus helping in starting the engine.
Natural gas is introduced into the system, after which the air-to-gas ratio is drawn into the cylinder with the minimal air-to-fuel ratio. Natural gas replaces fuel in a 50%-70% substitution rate. Toward the end of compression, diesel is injected, and this ignites and helps the natural gas to burn.
One driver in market is increase in electricity demand. In 2020, the consumption of electricity is expected to increase by around 19% when compared with 2012 estimates. Electricity is the most commonly used form of energy consumption. One of the major uses of gas engines is electricity generation. With the changes in globalization and urbanization, lifestyle and work culture across sectors have changed.
- Kawasaki Heavy Industries
Other prominent vendors
- Doosan Infracore
- Hyundai Heavy Industries
- Mitsubishi Heavy Industries
Key Topics Covered:
Part 01: Executive summary
Part 02: Scope of the report
Part 03: Research Methodology
Part 04: Introduction
Part 05: Market landscape
Part 06: Market segmentation by end-user
Part 07: Geographical segmentation
Part 08: Market drivers
Part 09: Market challenges
Part 10: Impact of drivers and challenges
Part 11: Market trends
Part 12: Vendor landscape
Part 13: Key vendor analysis
For more information about this report visit https://www.researchandmarkets.com/research/btwh3g/global_gas_engine