- Continuous improvements in natural gas engine technology have enhanced efficiency and performance, attracting increased adoption across various sectors
- Natural gas engines emit fewer pollutants compared to traditional fossil fuels, aligning with global efforts to reduce greenhouse gas emissions These engines are utilized in multiple sectors, including power generation, transportation, and industrial processes, demonstrating their versatility and broad market appeal
- The market features a competitive landscape with key players such as Caterpillar, Wärtsilä, Rolls-Royce, and Siemens, all striving to innovate and capture market share
- For Instance, In March 2023, Mitsubishi Heavy Industries Engine & Turbocharger introduced the SGP M2000 natural gas engine cogeneration system, offering a 2000 kW output and an electrical efficiency of 44.3%. This innovation exemplifies the industry's commitment to reducing CO2 emissions and enhancing energy efficiency
