The Gas Engine Market size is projected to reach US$ 7,029.48 million by 2031 from US$ 4,259.80 million in 2023. The market is expected to register a CAGR of 6.5% in 2023–2031. The expanding adoption of natural gas for power generation in industrial, construction and commercial sectors is likely to remain a key gas engine market trend.
Expanding demand for natural gas-powered engines in applications in heavy industries such as metal, chemicals and food processing, is driving the market at a substantial rate. Further, increasing concerns regarding emissions and enhancing regulatory standards are supporting the market growth. In the gas engine market, mid-stream oil and gas, remote, heavy industries, light manufacturing, utilities, biogas, datacenters, MUSH, and commercial are end users.
Get PDF Copy:- https://www.theinsightpartners.com/sample/TIPRE00015324
Top Key Major Players:-
- INNIO Jenbacher GmbH & Co OG
- Caterpillar Inc
- Cummins Inc
- Fairbanks Morse, LLC
- Kawasaki Heavy Industries, Ltd
- Liebherr
- Mitsubishi Heavy Industries, Ltd
- R Schmitt Enertec GmbH
- Wärtsilä Corporation
- 2G ENERGY AG