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Global Natural Gas Engine Market – Industry Trends and Forecast to 2029

  • Chemical and Materials
  • Upcoming Report
  • Apr 2022
  • Global
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60

Global Natural Gas Engine Market, By Engine Family (Spark Ignited Engines, Dual Fuel Type Engine and High Pressure Direct Injection), Power Output (500 KW – 800 KW, 1000 KW – 2000 KW, 3000 KW – 4500 KW), Horsepower (Up to 1000 HP, 1000&ndash, 2000 HP, Above 2000 HP), Application (Natural Gas Gensets, Natural Gas Automotive, Decentralized Energy Generation), End Use (Utilities, Marine, Oil and Gas, Manufacturing, Commercial Complexes, Wastewater Treatment Plants, Hospitals, Greenhouse Operators) – Industry Trends and Forecast to 2029.

 

Natural Gas Engine Market

Market Analysis and Size

Over the last few years, there have been various technological advancements to produce the better versions of gas engines, which has massively benefitted the gas engines market. Additionally, the market is also witnessing huge demand for clean and efficient power generation technology, which further increases the overall growth of the market. Consequently, these factors will help the market to gain traction during the forecasted period.

The global natural gas engine market was valued at USD 4.80 billion in 2021 and is expected to reach USD 7.04 billion by 2029, registering a CAGR of 4.90% in 2022-2029. The market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and climate chain scenario.

Market Definition

An internal combustion engine that runs on gaseous fuels like coal gas, producer gas, biogas, landfill gas, and natural gas is a gas engine. Natural gas is also more efficient than gasoline in terms of fuel efficiency. It has a lower hydrocarbon content and a higher octane rating, which aids engine combustion and efficiency.

Report Scope and Market Segmentation

Report Metric

Details

Forecast Period

2022 to 2029

Base Year

2021

Historic Years

2020 (Customizable to 2019 - 2014)

Quantitative Units

Revenue in USD Million, Volumes in Units, Pricing in USD

Segments Covered

By Engine Family (Spark Ignited Engines, Dual Fuel Type Engine and High Pressure Direct Injection), Power Output (500 KW – 800 KW, 1000 KW – 2000 KW, 3000 KW – 4500 KW), Horsepower (Up to 1000 HP, 1000&ndash, 2000 HP, Above 2000 HP), Application (Natural Gas Gensets, Natural Gas Automotive, Decentralized Energy Generation), End Use (Utilities, Marine, Oil and Gas, Manufacturing, Commercial Complexes, Wastewater Treatment Plants, Hospitals, Greenhouse Operators)

Countries Covered

U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa

Market Players Covered

Caterpillar (U.S.), Wärtsilä (Finland), Rolls-Royce plc (UK), Volkswagen (Germany), Siemens (Germany), INNIO (Austria), Cummins Inc., (U.S.), Mitsubishi Heavy Industries, Ltd. (Japan), Kawasaki Heavy Industries, Ltd. (Japan), Ningbo C.S.I Power & Machinery Group Co., Ltd. (China), IHI Power Systems Co.,Ltd. (Japan), JFE Engineering Corporation (Japan), Liebherr (Germany), Hyundai Heavy Industries Co., Ltd. (South Korea), ENF Ltd., (China), R Schmitt Enertec GMBH (Germany),  China National Petroleum Corporation   (China), Fairbanks Morse Defense (U.S.) and Baudouin (France)

Market Opportunities

  • Growing inclination towards gas-fired power plants and adoption of natural gas as a transition fuel 
  • Increasing focus of manufacturers on the reduction of carbon emissions

Natural Gas Engine Market Dynamics

This section deals with understanding the market drivers, advantages, opportunities, restraints and challenges. All of this is discussed in detail as below:

Drivers

  • High Demand For Clean And Efficient Power Generation Technology

The natural gas engines burn cleaner, with no soot pollution of the engine oil in the crankcase. As a result, when compared to oil and coal-fired power plants, these power plants emit a small amount of carbon monoxide (CO), carbon dioxide (CO2), Sulphur oxide (SO), and nitrogen oxide (NO). Thermodynamic efficiency are also higher in natural gas-fired power plants. When natural gas is utilized instead of coal, the air quality improves. Moreover, natural gas-fired power stations are less expensive and simpler to construct. Consequently, the demand for natural gas engines has largely increased due to these advantages.

The increase in the use of distributed power generation systems will further propel the growth rate of natural gas engine market. Additionally, the high adoption of natural gas by developing nations to achieve operational excellence and reduce carbon footprint is soon projected to bolster the market's growth.

Opportunities

  • Reduction of Emissions and Adoption of Natural Gas

Furthermore, factors such as manufacturers' increasing focus on reducing carbon emissions extend profitable opportunities to the market players in the forecast period of 2022 to 2029. Additionally, the growing inclination towards gas-fired power plants and adoption of natural gas as a transition fuel will further expand the future growth of the natural gas engine market.

Restraints/Challenges

  • Lack Of Infrastructure

The lack of proper infrastructure will create hindrances for the growth of the natural gas engine market.

  • Geopolitical Instability

Also, the factors such as the US-China trade war, as well as Australia-China tensions, high political tensions between the CIS and certain European countries, and ongoing political difficulties between Russia and the European Union (EU) over the Ukraine crisis, which further affect the supply and pricing of natural gas are estimated to be a demerit for the natural gas engine market. Therefore, this factor will challenge the natural gas engine market growth rate.

This natural gas engine market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the natural gas engine market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

COVID-19 Impact on Natural Gas Engine Market

The global expansion of coronavirus has had a number of negative consequences for major producing and manufacturing enterprises all around the world. The primary sectors that were the most affected were hospitality, aviation, manufacturing, oil, and gas. The healthcare and medical sectors, on the other hand, saw a bump. Government rules, support, and assistance were provided in the form of regulations, subsidies, budget allocation for specific regions, and more. The epidemic also afflicted the global sector that uses renewable energy sources. The reality that this business is import-dependent cannot be overlooked. China is the world's largest exporter. The supply chain system was severely impacted. Similar topics are discussed in the global gas engine industry research.

Recent Development

  • In September 2021, The Government of Gabon had signed a Concession Agreement with Wärtsilä (Finland) and Gabon Power Company (GPC), a subsidiary of the Sovereign Fund of the Gabonese Republic (FGIS), for the development, supply, building, operation, and maintenance of a 120 MW gas power plant. This project will help to close the gap, and around 600,000 people will benefit from a more reliable and cost-effective electrical supply delivered to SEEG.

Global Natural Gas Engine Market Scope

The natural gas engine market is segmented on the basis of engine family, power output, horsepower, application and end use. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Engine Family

  • Spark Ignited Engines
  • Dual Fuel Type Engine
  • High Pressure Direct Injection

Power Output

  • 500 KW – 800 KW
  • 1000 KW – 2000 KW
  • 3000 KW – 4500 KW

Horsepower

  • Up to 1000 HP
  • 1000&ndash
  • 2000 HP
  • Above 2000 HP

Application

  • Natural Gas Gensets
  • Natural Gas Automotive
  • Decentralized Energy Generation

End Use

  • Utilities
  • Marine
  • Oil and Gas
  • Manufacturing
  • Commercial Complexes
  • Wastewater Treatment Plants
  • Hospitals
  • Greenhouse Operators

Natural Gas Engine Market Regional Analysis/Insights

The natural gas engine market is analyzed and market size insights and trends are provided by country, engine family, power output, horsepower, application and end use as referenced above.

The countries covered in the natural gas engine market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

Europe dominates the natural gas engine market because of the increasing business expansion and awareness among the customers within the region.

On the other hand, North America is estimated to show lucrative growth during the forecast period of 2022 to 2029 due to the growing usage of the automotive, increasing consumption of natural gas engines, and the easy availability of natural gas in emerging economies the region.

The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.   

Competitive Landscape and Natural Gas Engine Market Share Analysis

The natural gas engine market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to natural gas engine market.

Some of the major players operating in the natural gas engine market are

  • Caterpillar (U.S.)
  • Wärtsilä (Finland)
  • Rolls-Royce plc (UK)
  • Volkswagen (Germany)
  • Siemens (Germany)
  • INNIO (Austria)
  • Cummins Inc., (U.S.)
  • Mitsubishi Heavy Industries, Ltd. (Japan)
  • Kawasaki Heavy Industries, Ltd. (Japan)
  • Ningbo C.S.I Power & Machinery Group Co., Ltd. (China)
  • IHI Power Systems Co.,Ltd. (Japan)
  • JFE Engineering Corporation (Japan)
  • Liebherr (Germany)
  • Hyundai Heavy Industries Co., Ltd. (South Korea)
  • ENF Ltd., (China)
  • R Schmitt Enertec GMBH (Germany)
  • China National Petroleum Corporation (China)
  • Fairbanks Morse Defense (U.S.)
  • Baudouin (France)

Research Methodology: Global Natural Gas Engine Market

Data collection and base year analysis is done using data collection modules with large sample sizes. The stage includes the obtainment of market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analyzed and estimated using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

Customization Available

Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customized to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analyzed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Factbook) or can assist you in creating presentations from the data sets available in the report.


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LIST OF TABLES GLOBAL NATURAL GAS ENGINES MARKET

TABLE 1 GLOBAL NATURAL GAS ENGINES MARKET, BY ENGINE FAMILY, 2017– 2026 (USD MILLION) TABLE 2 GLOBAL SPARK IGNITED ENGINES IN NATURAL GAS ENGINES MARKET, BY REGION, 2017-2026 (USD MILLION) TABLE 3 GLOBAL DUEL FUEL TYPE ENGINE IN NATURAL GAS ENGINES MARKET, BY REGION, 2017-2026 (USD MILLION) TABLE 4 GLOBAL HIGH PRESSURE DIRECT INJECTION IN NATURAL GAS ENGINES MARKET, BY REGION, 2017-2026 (USD MILLION) TABLE 5 GLOBAL NATURAL GAS ENGINES MARKET, BY POWER OUTPUT, 2017– 2026 (USD MILLION) TABLE 6 GLOBAL 15 KW - 100 KW IN NATURAL GAS ENGINES MARKET, BY REGION, 2017-2026 (USD MILLION) TABLE 7 GLOBAL 100 KW – 399 KW IN NATURAL GAS ENGINES MARKET, BY REGION, 2017-2026 (USD MILLION) TABLE 8 GLOBAL 400 KW - 800 KW IN NATURAL GAS ENGINES MARKET, BY REGION, 2017-2026 (USD MILLION) TABLE 9 GLOBAL 1000 KW - 2000KW IN NATURAL GAS ENGINES MARKET, BY REGION, 2017-2026 (USD MILLION) TABLE 10 GLOBAL 3000 KW - 4500 KW IN NATURAL GAS ENGINES MARKET, BY REGION, 2017-2026 (USD MILLION) TABLE 11 GLOBAL NATURAL GAS ENGINES MARKET, BY APPLICATION , 2017– 2026 (USD MILLION) TABLE 12 GLOBAL DECENTRALIZED ENERGY GENERATION MARKET, BY TYPE, 2017-2026 (USD MILLION) TABLE 13 GLOBAL NATURAL GAS GENSETS MARKET, BY REGION, 2017– 2026 (USD MILLION) TABLE 14 GLOBAL NATURAL GAS AUTOMOTIVE MARKET, BY REGION, 2017– 2026 (USD MILLION) TABLE 15 GLOBAL DECENTRALIZED ENERGY GENERATION MARKET, BY REGION, 2017– 2026 (USD MILLION) TABLE 16 GLOBAL NATURAL GAS ENGINE MARKET, BY GEOGRAPHY, 2017 – 2026 (USD MILLION) TABLE 17 NORTH AMERICA NATURAL GAS ENGINES MARKET, BY COUNTRY, 2017 – 2026 (USD MILLION) TABLE 18 NORTH AMERICA NATURAL GAS ENGINES MARKET, BY ENGINE FAMILY, 2017-2026 (USD MILLION) TABLE 19 NORTH AMERICA NATURAL GAS ENGINES MARKET, BY POWER OUTPUT, 2017-2026 (USD MILLION) TABLE 20 NORTH AMERICA NATURAL GAS ENGINES MARKET, BY APPLICATION, 2017-2026 (USD MILLION) TABLE 21 NORTH AMERICA NATURAL GAS DECENTRALIZED ENERGY GENERATION MARKET, BY TYPE, 2017-2026 (USD MILLION) TABLE 22 U.S. NATURAL GAS ENGINES MARKET, BY ENGINE FAMILY, 2017-2026 (USD MILLION) TABLE 23 U.S. NATURAL GAS ENGINES MARKET, BY POWER OUTPUT, 2017-2026 (USD MILLION) TABLE 24 U.S. NATURAL GAS ENGINES MARKET, BY APPLICATION, 2017-2026 (USD MILLION) TABLE 25 U.S. NATURAL GAS DECENTRALIZED ENERGY GENERATION MARKET, BY TYPE, 2017-2026 (USD MILLION) TABLE 26 CANADA NATURAL GAS ENGINE MARKET, BY ENGINE FAMILY, 2017-2026 (USD MILLION) TABLE 27 CANADA NATURAL GAS ENGINE MARKET, BY POWER OUTPUT, 2017-2026 (USD MILLION) TABLE 28 CANADA NATURAL GAS ENGINE MARKET, BY APPLICATION, 2017-2026 (USD MILLION) TABLE 29 CANADA NATURAL GAS DECENTRALIZED ENERGY GENERATION MARKET, BY TYPE, 2017-2026 (USD MILLION) TABLE 30 MEXICO NATURAL GAS ENGINES MARKET, BY ENGINE FAMILY, 2017-2026 (USD MILLION) TABLE 31 MEXICO NATURAL GAS ENGINES MARKET, BY POWER OUTPUT, 2017-2026 (USD MILLION) TABLE 32 MEXICO NATURAL GAS EGNINE MARKET, BY APPLICATION, 2017-2026 (USD MILLION) TABLE 33 MEXICO NATURAL GAS DECENTRALIZED ENERGY GENERATION MARKET, BY TYPE, 2017-2026 (USD MILLION) TABLE 34 EUROPE NATURAL GAS ENGINES MARKET, BY COUNTRY, 2017 – 2026, (USD MILLION) TABLE 35 EUROPE NATURAL GAS ENGINES MARKET, BY ENGINE FAMILY, 2017-2026 (USD MILLION) TABLE 36 EUROPE NATURAL GAS ENGINES MARKET, BY POWER OUTPUT, 2017-2026 (USD MILLION) TABLE 37 EUROPE NATURAL GAS ENGINES MARKET, BY APPLICATION, 2017-2026 (USD MILLION) TABLE 38 EUROPE NATURAL GAS DECENTRALIZED ENERGY GENERATION MARKET, BY TYPE, 2017-2026 (USD MILLION) TABLE 39 U.K. NATURAL GAS ENGINES MARKET, BY ENGINE FAMILY, 2017-2026 (USD MILLION) TABLE 40 U.K. NATURAL GAS ENGINES MARKET, BY POWER OUTPUT, 2017-2026 (USD MILLION) TABLE 41 U.K. NATURAL GAS ENGINES MARKET, BY APPLICATION, 2017-2026 (USD MILLION) TABLE 42 U.K. NATURAL GAS AUTOMOTIVE MARKET, BY TYPE, 2017-2026 (USD MILLION) TABLE 43 GERMANY NATURAL GAS ENGINES MARKET, BY ENGINE FAMILY, 2017-2026 (USD MILLION) TABLE 44 GERMANY NATURAL GAS ENGINES MARKET, BY POWER OUTPUT, 2017-2026 (USD MILLION) TABLE 45 GERMANY NATURAL GAS ENGINES MARKET, BY APPLICATION, 2017-2026 (USD MILLION) TABLE 46 GERMANY NATURAL GAS DECENTRALIZED ENERGY GENERATION MARKET, BY TYPE, 2017-2026 (USD MILLION) TABLE 47 FRANCE NATURAL GAS ENGINES MARKET, BY ENGINE FAMILY, 2017-2026 (USD MILLION) TABLE 48 FRANCE NATURAL GAS ENGINES MARKET, BY POWER OUTPUT, 2017-2026 (USD MILLION) TABLE 49 FRANCE NATURAL GAS ENGINES MARKET, BY APPLICATION, 2017-2026 (USD MILLION) TABLE 50 FRANCE NATURAL GAS DECENTRALIZED ENERGY GENERATION MARKET, BY TYPE, 2017-2026 (USD MILLION) TABLE 51 ITALY NATURAL GAS ENGINES MARKET, BY ENGINE FAMILY, 2017-2026 (USD MILLION) TABLE 52 ITALY NATURAL GAS ENGINES MARKET, BY POWER OUTPUT, 2017-2026 (USD MILLION) TABLE 53 ITALY NATURAL GAS ENGINES MARKET, BY APPLICATION, 2017-2026 (USD MILLION) TABLE 54 ITALY NATURAL GAS DECENTRALIZED ENERGY GENERATION MARKET, BY TYPE, 2017-2026 (USD MILLION) TABLE 55 NETHERLANDS NATURAL GAS ENGINES MARKET, BY ENGINE FAMILY, 2017-2026 (USD MILLION) TABLE 56 NETHERLANDS NATURAL GAS ENGINES MARKET, BY POWER OUTPUT, 2017-2026 (USD MILLION) TABLE 57 NETHERLANDS NATURAL GAS ENGINES MARKET, BY APPLICATION, 2017-2026 (USD MILLION) TABLE 58 NETHERLANDS NATURAL GAS DECENTRALIZED ENERGY GENERATION MARKET, BY TYPE, 2017-2026 (USD MILLION) TABLE 59 SPAIN NATURAL GAS ENGINES MARKET, BY ENGINE FAMILY, 2017-2026 (USD MILLION) TABLE 60 SPAIN NATURAL GAS ENGINES MARKET, BY POWER OUTPUT, 2017-2026 (USD MILLION) TABLE 61 SPAIN NATURAL GAS ENGINES MARKET, BY APPLICATION, 2017-2026 (USD MILLION) TABLE 62 SPAIN NATURAL GAS DECENTRALIZED ENERGY GENERATION MARKET, BY TYPE, 2017-2026 (USD MILLION) TABLE 63 RUSSIA NATURAL GAS ENGINES MARKET, BY ENGINE FAMILY, 2017-2026 (USD MILLION) TABLE 64 RUSSIA NATURAL GAS ENGINES MARKET, BY POWER OUTPUT, 2017-2026 (USD MILLION) TABLE 65 RUSSIA NATURAL GAS ENGINES MARKET, BY APPLICATION, 2017-2026 (USD MILLION) TABLE 66 RUSSIA NATURAL GAS AUTOMOTIVE MARKET, BY TYPE, 2017-2026 (USD MILLION) TABLE 67 TURKEY NATURAL GAS ENGINES MARKET, BY ENGINE FAMILY, 2017-2026 (USD MILLION) TABLE 68 TURKEY NATURAL GAS ENGINES MARKET, BY POWER OUTPUT, 2017-2026 (USD MILLION) TABLE 69 TURKEY NATURAL GAS ENGINES MARKET, BY APPLICATION, 2017-2026 (USD MILLION) TABLE 70 TURKEY NATURAL GAS DECENTRALIZED ENERGY GENERATION MARKET, BY TYPE, 2017-2026 (USD MILLION) TABLE 71 SWITZERLAND NATURAL GAS ENGINES MARKET, BY ENGINE FAMILY, 2017-2026 (USD MILLION) TABLE 72 SWITZERLAND NATURAL GAS ENGINES MARKET, BY POWER OUTPUT, 2017-2026 (USD MILLION) TABLE 73 SWITZERLAND NATURAL GAS ENGINES MARKET, BY APPLICATION, 2017-2026 (USD MILLION) TABLE 74 SWITZERLAND NATURAL GAS DECENTRALIZED ENERGY GENERATION MARKET, BY TYPE, 2017-2026 (USD MILLION) TABLE 75 BELGIUM NATURAL GAS ENGINES MARKET, BY ENGINE FAMILY, 2017-2026 (USD MILLION) TABLE 76 BELGIUM NATURAL GAS ENGINES MARKET, BY POWER OUTPUT, 2017-2026 (USD MILLION) TABLE 77 BELGIUM NATURAL GAS ENGINES MARKET, BY APPLICATION, 2017-2026 (USD MILLION) TABLE 78 BELGIUM NATURAL GAS DECENTRALIZED ENERGY GENERATION MARKET, BY TYPE, 2017-2026 (USD MILLION) TABLE 79 REST OF EUROPE NATURAL GAS ENGINES MARKET, BY ENGINE FAMILY, 2017-2026 (USD MILLION) TABLE 80 ASIA PACIFIC NATURAL GAS ENGINES MARKET, BY COUNTRY, 2017 – 2026 (USD MILLION) TABLE 81 ASIA PACIFIC NATURAL GAS ENGINES MARKET, BY ENGINE FAMILY, 2017 – 2026 (USD MILLION) TABLE 82 ASIA PACIFIC NATURAL GAS ENGINES MARKET, BY POWER OUTPUT, 2017 – 2026 (USD MILLION) TABLE 83 ASIA PACIFIC NATURAL GAS ENGINES MARKET, BY APPLICATION, 2017 – 2026 (USD MILLION) TABLE 84 ASIA PACIFIC NATURAL GAS DECENTRALIZED ENERGY GENERATION MARKET, BY TYPE, 2017-2026 (USD MILLION) TABLE 85 CHINA NATURAL GAS ENGINES MARKET, BY ENGINE FAMILY, 2017 – 2026 (USD MILLION) TABLE 86 CHINA NATURAL GAS ENGINES MARKET, BY POWER OUTPUT, 2017 – 2026 (USD MILLION) TABLE 87 CHINA NATURAL GAS ENGINES MARKET, BY APPLICATION, 2017 – 2026 (USD MILLION) TABLE 88 CHINA NATURAL GAS DECENTRALIZED ENERGY GENERATION MARKET, BY TYPE, 2017-2026 (USD MILLION) TABLE 89 JAPAN NATURAL GAS ENGINES MARKET, BY ENGINE FAMILY, 2017 – 2026 (USD MILLION) TABLE 90 JAPAN NATURAL GAS ENGINES MARKET, BY POWER OUTPUT, 2017 – 2026 (USD MILLION) TABLE 91 JAPAN NATURAL GAS ENGINES MARKET, BY APPLICATION, 2017 – 2026 (USD MILLION) TABLE 92 JAPAN NATURAL GAS DECENTRALIZED ENERGY GENERATION MARKET, BY TYPE, 2017-2026 (USD MILLION) TABLE 93 INDIA NATURAL GAS ENGINES MARKET, BY ENGINE FAMILY, 2017 – 2026 (USD MILLION) TABLE 94 INDIA NATURAL GAS ENGINES MARKET, BY POWER OUTPUT, 2017 – 2026 (USD MILLION) TABLE 95 INDIA NATURAL GAS ENGINES MARKET, BY APPLICATION, 2017 – 2026 (USD MILLION) TABLE 96 INDIA NATURAL GAS DECENTRALIZED ENERGY GENERATION MARKET, BY TYPE, 2017-2026 (USD MILLION) TABLE 97 SOUTH KOREA NATURAL GAS ENGINES MARKET, BY ENGINE FAMILY, 2017 – 2026 (USD MILLION) TABLE 98 SOUTH KOREA NATURAL GAS ENGINES MARKET, BY POWER OUTPUT, 2017 – 2026 (USD MILLION) TABLE 99 SOUTH KOREA NATURAL GAS ENGINES MARKET, BY APPLICATION, 2017 – 2026 (USD MILLION) TABLE 100 SOUTH KOREA NATURAL GAS DECENTRALIZED ENERGY GENERATION MARKET, BY TYPE, 2017-2026 (USD MILLION) TABLE 101 AUSTRALIA NATURAL GAS ENGINES MARKET, BY ENGINE FAMILY, 2017 – 2026 (USD MILLION) TABLE 102 AUSTRALIA NATURAL GAS ENGINES MARKET, BY POWER OUTPUT, 2017 – 2026 (USD MILLION) TABLE 103 AUSTRALIA NATURAL GAS ENGINES MARKET, BY APPLICATION, 2017 – 2026 (USD MILLION) TABLE 104 AUSTRALIA NATURAL GAS DECENTRALIZED ENERGY GENERATION MARKET, BY TYPE, 2017-2026 (USD MILLION) TABLE 105 MALAYSIA NATURAL GAS ENGINES MARKET, BY ENGINE FAMILY, 2017 – 2026 (USD MILLION) TABLE 106 MALAYSIA NATURAL GAS ENGINES MARKET, BY POWER OUTPUT, 2017 – 2026 (USD MILLION) TABLE 107 MALAYSIA NATURAL GAS ENGINES MARKET, BY APPLICATION, 2017 – 2026 (USD MILLION) TABLE 108 MALAYSIA NATURAL GAS DECENTRALIZED ENERGY GENERATION MARKET, BY TYPE, 2017-2026 (USD MILLION) TABLE 109 THAILAND NATURAL GAS ENGINES MARKET, BY ENGINE FAMILY, 2017 – 2026 (USD MILLION) TABLE 110 THAILAND NATURAL GAS ENGINES MARKET, BY POWER OUTPUT, 2017 – 2026 (USD MILLION) TABLE 111 THAILAND NATURAL GAS ENGINES MARKET, BY APPLICATION, 2017 – 2026 (USD MILLION) TABLE 112 THAILAND NATURAL GAS DECENTRALIZED ENERGY GENERATION MARKET, BY TYPE, 2017-2026 (USD MILLION) TABLE 113 SINGAPORE NATURAL GAS ENGINES MARKET, BY ENGINE FAMILY, 2017 – 2026 (USD MILLION) TABLE 114 SINGAPORE NATURAL GAS ENGINES MARKET, BY POWER OUTPUT, 2017 – 2026 (USD MILLION) TABLE 115 SINGAPORE NATURAL GAS ENGINES MARKET, BY APPLICATION, 2017 – 2026 (USD MILLION) TABLE 116 SINGAPORE NATURAL GAS DECENTRALIZED ENERGY GENERATION MARKET, BY TYPE, 2017-2026 (USD MILLION) TABLE 117 INDONESIA NATURAL GAS ENGINES MARKET, BY ENGINE FAMILY, 2017 – 2026 (USD MILLION) TABLE 118 INDONESIA NATURAL GAS ENGINES MARKET, BY POWER OUTPUT, 2017 – 2026 (USD MILLION) TABLE 119 INDONESIA NATURAL GAS ENGINES MARKET, BY APPLICATION, 2017 – 2026 (USD MILLION) TABLE 120 INDONESIA NATURAL GAS DECENTRALIZED ENERGY GENERATION MARKET, BY TYPE, 2017-2026 (USD MILLION) TABLE 121 PHILIPPINES NATURAL GAS ENGINES MARKET, BY ENGINE FAMILY, 2017 – 2026 (USD MILLION) TABLE 122 PHILIPPINES NATURAL GAS ENGINES MARKET, BY POWER OUTPUT, 2017 – 2026 (USD MILLION) TABLE 123 PHILIPPINES NATURAL GAS ENGINES MARKET, BY APPLICATION, 2017 – 2026 (USD MILLION) TABLE 124 PHILIPPINES NATURAL GAS DECENTRALIZED ENERGY GENERATION MARKET, BY TYPE, 2017-2026 (USD MILLION) TABLE 125 REST OF ASIA PACIFIC NATURAL GAS ENGINES MARKET, BY ENGINE FAMILY, 2017 – 2026 (USD MILLION) TABLE 126 SOUTH AMERICA NATURAL GAS ENGINES MARKET, BY COUNTRY, 2017 – 2026 (USD MILLION) TABLE 127 SOUTH AMERICA NATURAL GAS ENGINES MARKET, BY ENGINE FAMILY, 2017 – 2026 (USD MILLION) TABLE 128 SOUTH AMERICA NATURAL GAS ENGINES MARKET, BY POWER OUTPUT, 2017 – 2026 (USD MILLION) TABLE 129 SOUTH AMERICA NATURAL GAS ENGINES MARKET, BY APPLICATION, 2017 – 2026 (USD MILLION) TABLE 130 SOUTH AMERICA NATURAL GAS DECENTRALIZED ENERGY GENERATION MARKET, BY TYPE, 2017-2026 (USD MILLION) TABLE 131 BRAZIL NATURAL GAS ENGINES MARKET, BY ENGINE FAMILY, 2017 – 2026 (USD MILLION) TABLE 132 BRAZIL NATURAL GAS ENGINES MARKET, BY POWER OUTPUT, 2017 – 2026 (USD MILLION) TABLE 133 BRAZIL NATURAL GAS ENGINES MARKET, BY APPLICATION, 2017 – 2026 (USD MILLION) TABLE 134 BRAZIL NATURAL GAS DECENTRALIZED ENERGY GENERATION MARKET, BY TYPE, 2017-2026 (USD MILLION) TABLE 135 REST OF SOUTH AMERICA NATURAL GAS ENGINES MARKET, BY ENGINE FAMILY, 2017 – 2026 (USD MILLION) TABLE 136 MIDDLE EAST AND AFRICA NATURAL GAS ENGINES MARKET, BY COUNTRY, 2017 – 2026 (USD MILLION) TABLE 137 MIDDLE EAST AND AFRICA NATURAL GAS ENGINES MARKET, BY ENGINE FAMILY, 2017 – 2026 (USD MILLION) TABLE 138 MIDDLE EAST AND AFRICA NATURAL GAS ENGINES MARKET, BY POWER OUTPUT, 2017 – 2026 (USD MILLION) TABLE 139 MIDDLE EAST AND AFRICA NATURAL GAS ENGINES MARKET, BY APPLICATION, 2017 – 2026 (USD MILLION) TABLE 140 MIDDLE EAST AND AFRICA NATURAL GAS DECENTRALIZED ENERGY GENERATION MARKET, BY TYPE, 2017-2026 (USD MILLION) TABLE 141 SOUTH AFRICA NATURAL GAS ENGINES MARKET, BY ENGINE FAMILY, 2017 – 2026 (USD MILLION) TABLE 142 SOUTH AFRICA NATURAL GAS ENGINES MARKET, BY POWER OUTPUT, 2017 – 2026 (USD MILLION) TABLE 143 SOUTH AFRICA NATURAL GAS ENGINES MARKET, BY APPLICATION, 2017 – 2026 (USD MILLION) TABLE 144 SOUTH AFRICA NATURAL GAS DECENTRALIZED ENERGY GENERATION MARKET, BY TYPE, 2017-2026 (USD MILLION) TABLE 145 REST OF MIDDLE EAST AND AFRICA NATURAL GAS ENGINES MARKET, BY ENGINE FAMILY, 2017 – 2026 (USD MILLION)

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Frequently Asked Questions

The Natural Gas Engine Market is expected to show a value of USD 7.04 billion by 2029.
The Natural Gas Engine Market is estimated to register a CAGR of 4.90% within the forecast period.
The factors such as high adoption of Natural Gas by developing nations along with increase in the use of distributed power generation systems are the major drivers for the market.
The major players operating in the Natural Gas Engine Market are Caterpillar (U.S.), Wärtsilä (Finland), Rolls-Royce plc (UK), Volkswagen (Germany), Siemens (Germany), INNIO (Austria), Cummins Inc., (U.S.), Mitsubishi Heavy Industries, Ltd. (Japan), Kawasaki Heavy Industries, Ltd. (Japan), Ningbo C.S.I Power & Machinery Group Co., Ltd. (China), IHI Power Systems Co.,Ltd. (Japan), JFE Engineering Corporation (Japan), Liebherr (Germany), Hyundai Heavy Industries Co., Ltd. (South Korea), ENF Ltd., (China), R Schmitt Enertec GMBH (Germany), China National Petroleum Corporation (China), Fairbanks Morse Defense (U.S.) and Baudouin (France).