The publisher, in its report on the gas engine market in Europe, has determined the industry to proliferate at a compound annual growth rate of 6.85% over the forecast period of 2019-2027.
The market for gas engines in the United Kingdom is primarily fueled by the increase in the demand for electricity as well as energy resources. Also, the UK market has shown exponential growth owing to the entry of new market players that are setting up their plants in the country. Further, Russia's gas engine market shows immense potential for growth, which can be attributed to the massive natural gas reserves in the country, well-designed gas pipeline infrastructure, and the low prices of natural gas, as compared to conventional vehicle fuels.
Italy is the largest market for alternative fuels in Europe. Natural gas is primarily used for power generation in the country. This segment contributes majorly to Italy's gas engine market. An increase in the demand for natural gas has been witnessed in the country, owing to which, the natural gas market would show rapid growth in the forecasted years. The rise in the demand from manufacturers in the industry has been majorly enhancing the gas engine market in Italy.
Key Topics Covered:
1. Europe Gas Engine Market - Summary
2. Industry Outlook
2.1. Market Definition
2.2. Key Insights
2.2.1. Europe Dominates The Overall Market
2.2.2. Advent Of Dual Fuel Engines
2.2.3. Consumption Of Alternate Gases As Fuels
2.3. Porter'S Five Forces Analysis
2.3.1. Threat Of New Entrants
2.3.2. Threat Of Substitute
2.3.3. Bargaining Power Of Suppliers
2.3.4. Bargaining Power Of Buyers
2.3.5. Threat Of Competitive Rivalry
2.4. Key Impact Analysis
2.5. Market Attractiveness Index
2.6. Vendor Scorecard
2.7. Regulatory Framework
2.8. Market Drivers
2.8.1. Decrease In Gas Prices
2.8.2. Growing Electricity Demand Worldwide
2.8.3. Surge In Ecological Concerns
2.8.4. Industrial Expansion Leading To Environmental Power Generation
2.9. Market Restraints
2.9.1. Abnormalities In Natural Gas Reserves & Provisions Due To Regional Instability
2.9.2. Rise In Safety Concerns
2.9.3. Price Disparity Among Fuels
2.10. Market Opportunities
2.10.1. Emergent Inclination Towards Distributed Power Generation
2.10.2. Advent Of Gas-Fired Power Plants
2.11. Market Challenges
2.11.1. Diminishing Natural Gas Reserves
2.11.2. Firm Regulations Levied By Authorities
3. Europe Gas Engine Market Outlook - By Fuel Type
3.1. Natural Gas
3.2. Special Gas
3.3. Other Gas
4. Europe Gas Engine Market Outlook - By Power
4.1. 0.5 Mw-1.0 Mw
4.2. 1.0-2.0 Mw
4.3. 2.0-5.0 Mw
4.4. 5.0 Mw-10.0 Mw
4.5. 10.0 Mw-20.0 Mw
5. Europe Gas Engine Market Outlook - By Application
5.1. Power Generation
5.3. Other Applications
6. Europe Gas Engine Market Outlook - By End-User
6.3. Oil & Gas
6.5. Other End-Users
7. Europe Gas Engine Market - Regional Outlook
7.1. United Kingdom
7.7. Rest Of Europe
8. Competitive Landscape
8.1. 3W-International Gmbh
8.2. Caterpillar Inc.
8.3. Cummins, Inc.
8.4. China Yuchai International Ltd.
8.5. Clarke Energy
8.6. Deutz Ag
8.7. Dresser-Rand Group, Inc.
8.8. Doosan Infracore Co., Ltd.
8.9. Fairbanks Morse Engines
8.10. General Electric Company (Innio)
8.11. Hyundai Heavy Industries Co., Ltd.
8.12. Ihi Corporation
8.13. Kawasaki Heavy Industries, Ltd.
8.14. Man Se
8.15. Mitsubishi Heavy Industries, Ltd.
8.16. Wrtsil Corporation
9. Methodology & Scope
9.1. Research Scope
9.2. Sources Of Data
9.3. Research Methodology
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