The global Gas Engines market was valued at US$ 2588.2 million in 2022 and is projected to reach US$ 3238.4 million by 2029, at a CAGR of 3.3% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Global key manufactuers of gas engines include Innio and Caterpillar. The top two players hold a share around 44%. The global origin is mainly located in North America, Europe, China and Japan, with Europe being the largest production region, holding more than 40% of the market share. In terms of product, 5-10MW is the largest segment, with a share nearly 50%. And in terms of application, the largest application is power generation, with a share nearly 63%.
A gas engine is an internal combustion engine which runs on a gas fuel, such as coal gas, producer gas, biogas, landfill gas or natural gas.
This report aims to provide a comprehensive presentation of the global market for Gas Engines, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Gas Engines. This report contains market size and forecasts of Gas Engines in global, including the following market information:
Global Gas Engines Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Gas Engines Market Sales, 2018-2023, 2024-2029, (Units)
Global top five Gas Engines companies in 2022 (%)
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Gas Engines manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Gas Engines Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (Units)
Global Gas Engines Market Segment Percentages, by Type, 2022 (%)
0.5-5MW
5-10MW
Above 10MW
Global Gas Engines Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (Units)
Global Gas Engines Market Segment Percentages, by Application, 2022 (%)
Power Generation
Co-Generation
Others
Global Gas Engines Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (Units)
Global Gas Engines Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Gas Engines revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Gas Engines revenues share in global market, 2022 (%)
Key companies Gas Engines sales in global market, 2018-2023 (Estimated), (Units)
Key companies Gas Engines sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Innio
Caterpillar
Kawasaki Heavy Industries
Rolls Royce
Wartsila
MAN SE
Siemens Energy
Mitsubishi Heavy Industries
Liebherr
Outline of Major Chapters:
Chapter 1: Introduces the definition of Gas Engines, market overview.
Chapter 2: Global Gas Engines market size in revenue and volume.
Chapter 3: Detailed analysis of Gas Engines manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Gas Engines in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Gas Engines capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
1 Introduction to Research & Analysis Reports
1.1 Gas Engines Market Definition
1.2 Market Segments
1.2.1 Market by Type
1.2.2 Market by Application
1.3 Global Gas Engines Market Overview
1.4 Features & Benefits of This Report
1.5 Methodology & Sources of Information
1.5.1 Research Methodology
1.5.2 Research Process
1.5.3 Base Year
1.5.4 Report Assumptions & Caveats
2 Global Gas Engines Overall Market Size
2.1 Global Gas Engines Market Size: 2022 VS 2029
2.2 Global Gas Engines Revenue, Prospects & Forecasts: 2018-2029
2.3 Global Gas Engines Sales: 2018-2029
3 Company Landscape
3.1 Top Gas Engines Players in Global Market
3.2 Top Global Gas Engines Companies Ranked by Revenue
3.3 Global Gas Engines Revenue by Companies
3.4 Global Gas Engines Sales by Companies
3.5 Global Gas Engines Price by Manufacturer (2018-2023)
3.6 Top 3 and Top 5 Gas Engines Companies in Global Market, by Revenue in 2022
3.7 Global Manufacturers Gas Engines Product Type
3.8 Tier 1, Tier 2 and Tier 3 Gas Engines Players in Global Market
3.8.1 List of Global Tier 1 Gas Engines Companies
3.8.2 List of Global Tier 2 and Tier 3 Gas Engines Companies
4 Sights by Product
4.1 Overview
4.1.1 By Type - Global Gas Engines Market Size Markets, 2022 & 2029
4.1.2 0.5-5MW
4.1.3 5-10MW
4.1.4 Above 10MW
4.2 By Type - Global Gas Engines Revenue & Forecasts
4.2.1 By Type - Global Gas Engines Revenue, 2018-2023
4.2.2 By Type - Global Gas Engines Revenue, 2024-2029
4.2.3 By Type - Global Gas Engines Revenue Market Share, 2018-2029
4.3 By Type - Global Gas Engines Sales & Forecasts
4.3.1 By Type - Global Gas Engines Sales, 2018-2023
4.3.2 By Type - Global Gas Engines Sales, 2024-2029
4.3.3 By Type - Global Gas Engines Sales Market Share, 2018-2029
4.4 By Type - Global Gas Engines Price (Manufacturers Selling Prices), 2018-2029
5 Sights by Application
5.1 Overview
5.1.1 By Application - Global Gas Engines Market Size, 2022 & 2029
5.1.2 Power Generation
5.1.3 Co-Generation
5.1.4 Others
5.2 By Application - Global Gas Engines Revenue & Forecasts
5.2.1 By Application - Global Gas Engines Revenue, 2018-2023
5.2.2 By Application - Global Gas Engines Revenue, 2024-2029
5.2.3 By Application - Global Gas Engines Revenue Market Share, 2018-2029
5.3 By Application - Global Gas Engines Sales & Forecasts
5.3.1 By Application - Global Gas Engines Sales, 2018-2023
5.3.2 By Application - Global Gas Engines Sales, 2024-2029
5.3.3 By Application - Global Gas Engines Sales Market Share, 2018-2029
5.4 By Application - Global Gas Engines Price (Manufacturers Selling Prices), 2018-2029
6 Sights by Region
6.1 By Region - Global Gas Engines Market Size, 2022 & 2029
6.2 By Region - Global Gas Engines Revenue & Forecasts
6.2.1 By Region - Global Gas Engines Revenue, 2018-2023
6.2.2 By Region - Global Gas Engines Revenue, 2024-2029
6.2.3 By Region - Global Gas Engines Revenue Market Share, 2018-2029
6.3 By Region - Global Gas Engines Sales & Forecasts
6.3.1 By Region - Global Gas Engines Sales, 2018-2023
6.3.2 By Region - Global Gas Engines Sales, 2024-2029
6.3.3 By Region - Global Gas Engines Sales Market Share, 2018-2029
6.4 North America
6.4.1 By Country - North America Gas Engines Revenue, 2018-2029
6.4.2 By Country - North America Gas Engines Sales, 2018-2029
6.4.3 US Gas Engines Market Size, 2018-2029
6.4.4 Canada Gas Engines Market Size, 2018-2029
6.4.5 Mexico Gas Engines Market Size, 2018-2029
6.5 Europe
6.5.1 By Country - Europe Gas Engines Revenue, 2018-2029
6.5.2 By Country - Europe Gas Engines Sales, 2018-2029
6.5.3 Germany Gas Engines Market Size, 2018-2029
6.5.4 France Gas Engines Market Size, 2018-2029
6.5.5 U.K. Gas Engines Market Size, 2018-2029
6.5.6 Italy Gas Engines Market Size, 2018-2029
6.5.7 Russia Gas Engines Market Size, 2018-2029
6.5.8 Nordic Countries Gas Engines Market Size, 2018-2029
6.5.9 Benelux Gas Engines Market Size, 2018-2029
6.6 Asia
6.6.1 By Region - Asia Gas Engines Revenue, 2018-2029
6.6.2 By Region - Asia Gas Engines Sales, 2018-2029
6.6.3 China Gas Engines Market Size, 2018-2029
6.6.4 Japan Gas Engines Market Size, 2018-2029
6.6.5 South Korea Gas Engines Market Size, 2018-2029
6.6.6 Southeast Asia Gas Engines Market Size, 2018-2029
6.6.7 India Gas Engines Market Size, 2018-2029
6.7 South America
6.7.1 By Country - South America Gas Engines Revenue, 2018-2029
6.7.2 By Country - South America Gas Engines Sales, 2018-2029
6.7.3 Brazil Gas Engines Market Size, 2018-2029
6.7.4 Argentina Gas Engines Market Size, 2018-2029
6.8 Middle East & Africa
6.8.1 By Country - Middle East & Africa Gas Engines Revenue, 2018-2029
6.8.2 By Country - Middle East & Africa Gas Engines Sales, 2018-2029
6.8.3 Turkey Gas Engines Market Size, 2018-2029
6.8.4 Israel Gas Engines Market Size, 2018-2029
6.8.5 Saudi Arabia Gas Engines Market Size, 2018-2029
6.8.6 UAE Gas Engines Market Size, 2018-2029
7 Manufacturers & Brands Profiles
7.1 Innio
7.1.1 Innio Company Summary
7.1.2 Innio Business Overview
7.1.3 Innio Gas Engines Major Product Offerings
7.1.4 Innio Gas Engines Sales and Revenue in Global (2018-2023)
7.1.5 Innio Key News & Latest Developments
7.2 Caterpillar
7.2.1 Caterpillar Company Summary
7.2.2 Caterpillar Business Overview
7.2.3 Caterpillar Gas Engines Major Product Offerings
7.2.4 Caterpillar Gas Engines Sales and Revenue in Global (2018-2023)
7.2.5 Caterpillar Key News & Latest Developments
7.3 Kawasaki Heavy Industries
7.3.1 Kawasaki Heavy Industries Company Summary
7.3.2 Kawasaki Heavy Industries Business Overview
7.3.3 Kawasaki Heavy Industries Gas Engines Major Product Offerings
7.3.4 Kawasaki Heavy Industries Gas Engines Sales and Revenue in Global (2018-2023)
7.3.5 Kawasaki Heavy Industries Key News & Latest Developments
7.4 Rolls Royce
7.4.1 Rolls Royce Company Summary
7.4.2 Rolls Royce Business Overview
7.4.3 Rolls Royce Gas Engines Major Product Offerings
7.4.4 Rolls Royce Gas Engines Sales and Revenue in Global (2018-2023)
7.4.5 Rolls Royce Key News & Latest Developments
7.5 Wartsila
7.5.1 Wartsila Company Summary
7.5.2 Wartsila Business Overview
7.5.3 Wartsila Gas Engines Major Product Offerings
7.5.4 Wartsila Gas Engines Sales and Revenue in Global (2018-2023)
7.5.5 Wartsila Key News & Latest Developments
7.6 MAN SE
7.6.1 MAN SE Company Summary
7.6.2 MAN SE Business Overview
7.6.3 MAN SE Gas Engines Major Product Offerings
7.6.4 MAN SE Gas Engines Sales and Revenue in Global (2018-2023)
7.6.5 MAN SE Key News & Latest Developments
7.7 Siemens Energy
7.7.1 Siemens Energy Company Summary
7.7.2 Siemens Energy Business Overview
7.7.3 Siemens Energy Gas Engines Major Product Offerings
7.7.4 Siemens Energy Gas Engines Sales and Revenue in Global (2018-2023)
7.7.5 Siemens Energy Key News & Latest Developments
7.8 Mitsubishi Heavy Industries
7.8.1 Mitsubishi Heavy Industries Company Summary
7.8.2 Mitsubishi Heavy Industries Business Overview
7.8.3 Mitsubishi Heavy Industries Gas Engines Major Product Offerings
7.8.4 Mitsubishi Heavy Industries Gas Engines Sales and Revenue in Global (2018-2023)
7.8.5 Mitsubishi Heavy Industries Key News & Latest Developments
7.9 Liebherr
7.9.1 Liebherr Company Summary
7.9.2 Liebherr Business Overview
7.9.3 Liebherr Gas Engines Major Product Offerings
7.9.4 Liebherr Gas Engines Sales and Revenue in Global (2018-2023)
7.9.5 Liebherr Key News & Latest Developments
8 Global Gas Engines Production Capacity, Analysis
8.1 Global Gas Engines Production Capacity, 2018-2029
8.2 Gas Engines Production Capacity of Key Manufacturers in Global Market
8.3 Global Gas Engines Production by Region
9 Key Market Trends, Opportunity, Drivers and Restraints
9.1 Market Opportunities & Trends
9.2 Market Drivers
9.3 Market Restraints
10 Gas Engines Supply Chain Analysis
10.1 Gas Engines Industry Value Chain
10.2 Gas Engines Upstream Market
10.3 Gas Engines Downstream and Clients
10.4 Marketing Channels Analysis
10.4.1 Marketing Channels
10.4.2 Gas Engines Distributors and Sales Agents in Global
11 Conclusion
12 Appendix
12.1 Note
12.2 Examples of Clients
12.3 Disclaimer
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