Jul 5, 2017   SOURCE: BusinessWire

Global Gas Engine Market 2017-2021 - Key vendors are Caterpillar, GE, Kawasaki Heavy Industries & Rolls-Royce - Research and Markets

Research and Markets has announced the addition of the "Global Gas Engine Market 2017-2021" report to their offering.

The analysts forecast the global gas engine market to grow at a CAGR of 7.58% during the period 2017-2021.

Global Gas Engine Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

One trend in market is emergence of dual-fuel engines. Dual fuel engines use two types of fuels during operation. Such engines can switch between the fuels so that they use the most efficient one for any condition. Usually, the engine starts by using diesel and later add natural gas, which ignites quickly, thus helping in starting the engine.

Natural gas is introduced into the system, after which the air-to-gas ratio is drawn into the cylinder with the minimal air-to-fuel ratio. Natural gas replaces fuel in a 50%-70% substitution rate. Toward the end of compression, diesel is injected, and this ignites and helps the natural gas to burn.

One driver in market is increase in electricity demand. In 2020, the consumption of electricity is expected to increase by around 19% when compared with 2012 estimates. Electricity is the most commonly used form of energy consumption. One of the major uses of gas engines is electricity generation. With the changes in globalization and urbanization, lifestyle and work culture across sectors have changed.

Key vendors

  • Caterpillar
  • GE
  • Kawasaki Heavy Industries
  • Rolls-Royce

Other prominent vendors

  • Cummins
  • Doosan Infracore
  • Hyundai
  • Hyundai Heavy Industries
  • MAN
  • Mitsubishi Heavy Industries
  • Siemens
  • Yanmar

Key Topics Covered:

Part 01: Executive summary

Part 02: Scope of the report

Part 03: Research Methodology

Part 04: Introduction

Part 05: Market landscape

Part 06: Market segmentation by end-user

Part 07: Geographical segmentation

Part 08: Market drivers

Part 09: Market challenges

Part 10: Impact of drivers and challenges

Part 11: Market trends

Part 12: Vendor landscape

Part 13: Key vendor analysis

For more information about this report visit https://www.researchandmarkets.com/research/btwh3g/global_gas_engine