Siemens, Cummins Inc. and Caterpillar are dominating the market for Global Natural Gas Engine Market in 2018

Siemens

Founded in 1847 and headquartered in Berlin, Germany. Siemens is engaged in engineering and innovation in electrification, automation and digitalization. The revenue of the company in 2018 was USD 17,645 Million (Nine Months Ended 30, September 2018). The company has its geographic presence in Europe, C.I.S., Asia, Africa, Middle East, Americas and Australia. Some of the subsidiaries are Siemens Healthcare GmbH (Germany), Dresser Rand (USA), Siemens PLM Software (USA), Siemens Technology and Services (India) and others.

• In December 2018, Siemens started world’s largest installations of its building technologies segment at Expo 2020 Dubai. The smart technologies provided by Siemens will support Dubai’s Expo 2020 for safety, security and energy efficiency.

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Cummins Inc.

Founded in 1919 and headquartered in Columbus, USA. Cummins Inc. is engaged in designing, manufacturing, and selling diesel and alternative fuel engines, electrical generator sets and related sets and technology.        

The company has its geographic presence in Europe, Asia-Pacific, Africa and Americas. The company has its subsidiaries and they are Brammo Inc. (USA), Cummins Power Generation (UK), Cummins India Ltd. (India), Cummins Emission Solutions Inc. (USA) and Others.

• In November 2018, Cummins Inc. announced that it will support the launch of EPA Cleaner Trucks along with the efforts of US Environmental Protection Agency in order to develop a national low NOx rule for on-highway heavy-duty engines. This support will lead to growth of the company at global level.
• In September 2018, Cummins Inc. went into an agreement with KAMAZ in order to develop electrified power solutions for battery powered vehicles which is a product line introduced by KAMAZ. This agreement will help company to integrate with other leading companies at international level.

Caterpillar

Founded in 1952 and headquartered in Illinois, United States. Caterpillar is engaged in supply of gas engines, complete gas power plants, cogeneration systems and CHP plants for distributed power generation under the MWM and Cat brands. The business segments in which company operates are construction industries, energy and transportation, resource industries, and financial products. The revenue of the company in 2018 was USD 40,380 Million (Nine Months Ended 30, September 2018). 

The company has its subsidiaries and they are Perkins Engines (UK), Bucyrus Erie (USA), Solar Turbines (USA), Caterpillar Japan (Japan), Progress Rail Services (USA) and others.

The company has its geographic presence in Europe, Asia, Middle East, North America and Latin America.

• In November 2018, Caterpillar Inc., participated in Credit Suisse conference which is 6th industrial conference of Credit Suisse held on November 29, 2018.
• In September 2018, Caterpillar participated in Morgan Stanley Conference which is the 6th annual laguna conference of Morgan Stanley held on September 14, 2018.
• In August 2018, Caterpillar participated in Jafferies Conference which is a Global Industries Conference of Jafferies held on August 9, 2018.