Environment

Gas Engines Market Analysis By Product Types, Growth Rate, Manufacturers, Sales And Forecasts By 2023.

Global Gas Engines Market is expected to experience significant growth during the forecast period:

Pune, India, MAy, 2017/MRFR Press Release/- The gas engines is expected to grow with the CAGR of approximately 7% from 2017 to 2023.

Get Sample Report @ https://www.marketresearchfuture.com/sample_request/3345

Market Highlights

Gas engines are classified based on the fuel type as natural gas, special gas and others. Natural gas-fired engines are expected to lead the global gas engines market during the forecast period, and are expected to contribute as the fastest growing segment, by fuel type. The recent shale gas exploration resulted in a drop in natural gas prices across the world. Natural gas is economic and causes less emission as compared to fossil fuel. These are the key drivers of the natural gas-fired gas engines market.

Gas engines are less expensive to maintain, create less noise, and cause low emissions and minor vibrations. Gas engines are economic and efficient for heavy-duty operations. The demand for gas engines is directly reliant on the improvement of gas-fired power plants. The growing demand for electricity with a drop in natural gas prices is expected to drive the gas engine market in the forecast period. However, the exploration and supply of most of the world’s natural gas is focused in a few countries, and this has resulted in price inequality for distributors. Moreover, geo-political conflicts & pipelines and related infrastructural matters lead to supply interruptions. Factors such as prices inequality in the global trade of natural gas and current concerns regarding constant natural gas supply, will restrain the growth of the gas engines.

Key Players

  • General Electric Company (U.S.)
  • Caterpillar Inc. (U.S.)
  • Wärtsilä (Finland)
  • Rolls-Royce Holdings plc (U.K)
  • Cummins Inc. (U.S)
  • Siemens AG (Germany).

Browse Complete Report @ https://www.marketresearchfuture.com/reports/gas-engines-market-3345

Intended Audience:

  • Distributer & Supplier companies
  • End Users
  • Consultants and Investment bankers
  • Government :as well as Independent Regulatory Authorities

Product Analysis:

  • Product matrix which gives a detailed comparison of the market for different recycled product types

Additional Information:

  • Regulatory Landscape
  • Pricing Analysis
  • Macroeconomic Indicators

Geographic Analysis:

  • Geographical analysis across 15 countries

 Power Generation segment is expected to hold the largest share in the gas engines market from 2017-2023

The increasing electricity demand around the world and replacement of coal-fired power plants with natural gas power plants, is accounting for the largest share for power generation segment in gas engine market. As the prices of natural gas are lowering currently and subsequent withdrawal of coal-fired power plants around the world are boosting the gas engine power generation segment. Several economies are focusing on the expansion of their power generation grids by building natural gas power plants, which in turn, will increase the overall market share of power generation segment in global gas engine market.  .

Enquiry For Report @ https://www.marketresearchfuture.com/enquiry/3345

About Market Research Future:                                                          

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members

Contact:       

Market Research Future

+1 646 845 9312

Email: sales@marketresearchfuture.com

 

Leave a Reply

Your email address will not be published. Required fields are marked *