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Global Natural Gas Engine Market Comprehensive Coverage of Underlying Economic and Technological Factors under Key Trend Analysis

The Global Natural Gas Engine Market report also provides Porter analysis, PESTEL analysis and market attractiveness which helps to better understand the market scenario on macro and micro level. Side by side, it also explicitly provides information about mergers, acquisitions, joint ventures, and all the other important activities occurred in the market during current and past few years. The Natural Gas Engine Market report explores manufacturer’s competitive scenario and provides market share for all major players of this market based on production capacity, sales, revenue, geographical presence and other major factors.

Global natural gas engine market is expected to register a CAGR of 7.3% in the forecast period of 2019 to 2026.

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This report will help you understand:

  • Market share (regional, product, application, and end-user) both in terms of volume and revenue along with CAGR from 2019 to 2026
  • Key parameters which are driving market and restraining its growth.
  • Report will help you understand Industry Research, Market Size and Forecast, Market Entry Strategy, Competitive Intelligence, Pricing Analysis, Consumer Insights, Procurement Intelligence, Next-generation Technologies, etc.

Major Market Competitors/Players: Global Natural Gas Engine Market

Company profiled in this report based on Business overview, financial data, Product landscape, Strategic outlook & SWOT analysis:

Rolls-Royce, Mitsubishi Heavy Industries, Cummins Inc., Siemens, Caterpillar Inc., INNIO Group, Doosan, Wärtsilä, Liebherr Group, YANMAR America, YANMAR Europe, Kawasaki Heavy Industries, Ltd., MAN SE, MAN Diesel & Turbo, Westport Fuel Systems, Niigata Power Systems Co.,Ltd., JFE Engineering Corp

Reasons to Purchase this Report:

  • Current and future of global Natural Gas Engine market outlook in the developed and emerging markets
  • The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period
  • Regions/Countries that are expected to witness the fastest growth rates during the forecast period
  • The latest developments, market shares, and strategies that are employed by the major market players

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OPPORTUNITIES:

SHIFT TOWARDS GAS FIRED POWER PLANTS:

Gas-fired power plants have low capital investment, short construction period and dynamic response in operation and have clear economic advantages.

Reductions in CO2 emissions can be obtained by making improvement in the efficiency of existing power generation plants by employing more advanced technologies using the same amount of fuel. Replacement of natural gas single-cycle turbine with any other cycle e.g., combined cycle (CCGT) of similar output capacity would help in reducing CO2 emissions per unit of output by around 36%.

TECHNOLOGICAL ADVANCEMENTS LEADING TO EFFICIENT POWER GENERATION:

Power generation from natural gas is projected to increase by a factor of nine by 2050. This requires accelerated exploration and development of offshore gas fields, construction of liquefied natural gas (LNG) terminals and gas pipelines, and deployment of natural gas combined cycle (NGCC) power plants.

July 2015, Yanmar Energy System Co., Ltd. has a gas engine co-generation systems in the 100 to 1,000 kW range with high share of the market, with an existing product range made up of its EP370G and EP700G mid-range (300 kW+) gas co-generation systems for 50 Hz regions, and the EP400G for 60 Hz. Yanmar set the development of the EP800G to increase its 60 Hz product range and satisfy the requirements. Yanmar has developed system with high efficiency and robustness in system to ensure that it does not shutdown easily. For this, the frequency of system shutdowns is achieved by improved power supply.

TECHNOLOGICAL ADVANCEMENTS LEADING TO EFFICIENT POWER GENERATION:

Power generation from natural gas is projected to increase by a factor of nine by 2050. This requires accelerated exploration and development of offshore gas fields, construction of liquefied natural gas (LNG) terminals and gas pipelines, and deployment of natural gas combined cycle (NGCC) power plants.

MARINE APPLICATION FUELING DEMAND FOR GAS ENGINES:

LNG is odorless and colorless flammable gas ignitable by static electricity. It is extremely cold and volatile liquid. Fire is caused by vapor forms highly flammable mixtures with air. The boiling point is -161.5°C at normal conditions. The flash point is -187.8°C and auto-ignition temperature is 537°C

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Product Launch:

  • 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 October 2018, INNIO expanded its Waukesha series of VHP by adding P9394GSI S5 Horsepower to an existing L7042GSI S5 at L7044GSI S5 at 1900 Horsepower & 1500 Horsepower. This expansion helped the company in providing better customer experience as customers are getting better fuel efficiency, improved power and lower operating costs.
  • In December 2018, Leibherr has introduced the SGLS single-line guiding system with the blades of latest generation for the wind turbines by making installation process safer and more economical. This innovation will provide more opportunities for the company for its growth.
  • In December 2018, Rolls-Royce introduced new solutions for power plants’ remote management. These solutions are introduced to provide end-to-end platform for collecting, transferring, storing and analysing the engine data.
  • In December 2018, The Wartsila group has introduced a product named as ‘a lifeboat for buildings’ at Slush Helsinki 2018 which will be used during rising sea levels and severe flooding that can take place due to changes in the climate. However, it is not a real product but a concept designed by Wartsila technology group.
  • In December 2018, Yanmar Agri Corporation which is a Group company of Yanmar Co. Ltd. has launched precision, high- density auto-rice Transplanter named as YR8D that utilizes high-density seedling technology and self-driving technology. This launch will help the company to grow in market of automation.

Table of Contents: Global Natural Gas Engine Market

  1. Executive Summary
  2. Scope/opportunities of the Report
  3. Research Methodology
  4. Market Landscape
  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis
  1. Pipeline Analysis
  • Pipeline analysis
  1. Market Sizing
  • Market definition
  • Market sizing
  • Market size and forecast
  1. Porter’s Five Forces Analysis
  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition
  1. Market Segmentation
  • Segmentation
  • Comparison
  • Market opportunity
  1. Customer Landscape
  2. Regional Landscape
  • Geographical segmentation
  • Regional comparison
  • Europe
  • MEA
  • APAC
  • North America
  • South America
  • Market opportunity
  1. Business Decision Framework
  2. Drivers And Challenges
  • Market challenges
  • Market drivers
  1. Market Key Trends
  2. Players Landscape
  • Overview
  • Landscape disruption
  1. Players Analysis
  • Players covered
  • Players classification
  • Market positioning of Players
  1. Appendix
  • List of abbreviations

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Market Segmentation: Global Insulation Coating Materials Market

Global natural gas engine market is segmented into three notable segments which are engine family, power output and application.

On the basis of engine family, the market is segmented into spark ignited engine, dual fuel type engine, and high pressure direct injection. In 2019, spark ignited engine segment is likely to grow at the highest CAGR in the forecast period of 2019 to 2026.

  • In October 2018, INNIO expanded its Waukesha series of VHP by adding P9394GSI S5 Horsepower to an existing L7042GSI S5 at L7044GSI S5 at 1900 Horsepower & 1500 Horsepower. This expansion helped the company in providing better customer experience as customers are getting better fuel efficiency, improved power and lower operating costs.
  • In November 2018, Rolls-Royce came up with its new Gas Engine series, B36:45 for power generation at PowerGen International in Orlando. These new engines will be giving efficiency up to 50% and have features like low fuel consumption and emission levels.

On the basis of power output, the market is segmented into 15KW – 100KW, 100KW – 399KW, 400KW – 800KW, 1000-2000KW, and 3000KW – 4500KW. In 2019, 15KW – 100KW is likely to grow at the highest CAGR in the forecast period of 2019 to 2026.

  • In January 2019, MAN Engines had supplied of electrical power 470 kWmech to the first natural gas CHP plant to Mexican OEM partner Cysore SA de CV. Its installation has been done at 1800 m above sea level in Mexico. This innovation by MAN Engines will bring growth to the company in Gas Engines Market.

On the basis of application, the market is segmented into natural gas gensets, natural gas automotive, decentralized energy generation (vehicles, gasoline stations). In 2019, natural gas automotive segment is likely to grow at the highest CAGR in the forecast period of 2019 to 2026.

  • In January 2019, Mitsubishi Heavy Industries Ltd has received an order for rehabilitation and maintenance project for Manila Metro rail transit System Line 3 by Philippines. The project was initially carried out by Sumitomo Corporation and been allocated to Mitsubishi Heavy Industries Ltd for the maintenance purpose.
  • 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.

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