Market By Fuel Type, Power, Application, End-user, And Geography | Forecast 2019-2027
Triton Market Research, in its report on the North America gas engine market, has concluded that the industry would grow at a CAGR of 6.93% in the estimated years of 2019 to 2027.
The countries analyzed in the North America market for gas engines are:
• The United States
• Canada
Canada is one of the largest natural gas producers in the world, and its gas engine market depicts stable growth during the forecast period. There is an abundance of natural gas resources in the country. The share of natural gas in the total electricity produced was 11% in 2017. After ratifying the Paris Agreement in 2016, Canada committed to decrease its overall greenhouse gas emissions by 30% by 2030.
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Moreover, factors such as the decreased natural gas prices as a result of the increase in production of shale and tight gas in North America; phasing-out of coal power plants for electricity generation; developed natural gas infrastructure, and the overall increase in the demand for electricity in Canada are expected to provide a boost to the use of natural gas power generation in the country. This is expected to raise the demand for gas engines in Canada, thereby boosting its gas engine market.
Fairbanks Morse Engine (a subsidiary of EnPro Industries, Inc.) is an engine equipment company manufacturing power solutions. The company offers diesel engines, OEM parts, and dual-fuel engine generator sets. Along with these, it also provides diesel products, dual-fuel products, gas products, gasoline engines, the Train Master locomotive, and others.
Fairbanks Morse offers services such as diesel engine remanufacturing, factory-direct field service & support, and engine inspection are among the several services offered by Fairbanks. The company offers its products and services to various sectors, including stationary power, marine power, power generation, nuclear standby power, oil & gas, and locomotive power. With its headquarters in Beloit, Wisconsin (US), Fairbanks Morse Engine operates in the United States as well as Canada. The company ships propulsion and shipboard power for the United States Navy & Coast Guard and commercial vessels.
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VIEW REPORT1. NORTH
AMERICA GAS ENGINE MARKET – SUMMARY
2. INDUSTRY
OUTLOOK
2.1. MARKET
DEFINITION
2.2. KEY
INSIGHTS
2.2.1. ADVENT
OF DUAL FUEL ENGINES
2.2.2. CONSUMPTION
OF ALTERNATE GASES AS FUELS
2.3. PORTER’S
FIVE FORCES ANALYSIS
2.3.1. THREAT
OF NEW ENTRANTS
2.3.2. THREAT
OF SUBSTITUTE
2.3.3. BARGAINING
POWER OF SUPPLIERS
2.3.4. BARGAINING
POWER OF BUYERS
2.3.5. THREAT
OF COMPETITIVE RIVALRY
2.4. KEY
IMPACT ANALYSIS
2.4.1. COST
2.4.2. EFFICIENCY
2.4.3. EMISSION
2.4.4. MAINTENANCE
2.4.5. FLEXIBILITY
2.5. MARKET
ATTRACTIVENESS INDEX
2.6. VENDOR
SCORECARD
2.7. REGULATORY
FRAMEWORK
2.8. MARKET
DRIVERS
2.8.1. DECREASE
IN GAS PRICES
2.8.2. GROWING
ELECTRICITY DEMAND WORLDWIDE
2.8.3. SURGE
IN ECOLOGICAL CONCERNS
2.8.4. INDUSTRIAL
EXPANSION LEADING TO ENVIRONMENTAL POWER GENERATION
2.9. MARKET
RESTRAINTS
2.9.1. ABNORMALITIES
IN NATURAL GAS RESERVES & PROVISIONS DUE TO REGIONAL INSTABILITY
2.9.2. RISE
IN SAFETY CONCERNS
2.9.3. PRICE
DISPARITY AMONG FUELS
2.10. MARKET
OPPORTUNITIES
2.10.1.
EMERGENT INCLINATION TOWARDS
DISTRIBUTED POWER GENERATION
2.10.2.
ADVENT OF GAS-FIRED POWER
PLANTS
2.11. MARKET
CHALLENGES
2.11.1.
DIMINISHING NATURAL GAS
RESERVES
2.11.2.
FIRM REGULATIONS LEVIED BY
AUTHORITIES
3. NORTH
AMERICA GAS ENGINE MARKET OUTLOOK – BY FUEL TYPE
3.1. NATURAL
GAS
3.2. SPECIAL
GAS
3.3. OTHER
GAS
4. NORTH
AMERICA GAS ENGINE MARKET OUTLOOK – BY POWER
4.1. 0.5
MW-1.0 MW
4.2. 1.0-2.0
MW
4.3. 2.0-5.0
MW
4.4. 5.0
MW-10.0 MW
4.5. 10.0
MW-20.0 MW
5. NORTH
AMERICA GAS ENGINE MARKET OUTLOOK – BY APPLICATION
5.1. POWER
GENERATION
5.2. CO-GENERATION
5.3. OTHER
APPLICATIONS
6. NORTH
AMERICA GAS ENGINE MARKET OUTLOOK – BY END-USER
6.1. UTILITIES
6.2. MANUFACTURING
6.3. OIL
& GAS
6.4. TRANSPORTATION
6.5. OTHER
END-USERS
7. NORTH
AMERICA GAS ENGINE MARKET – REGIONAL OUTLOOK
7.1. UNITED
STATES
7.2. CANADA
8. COMPETITIVE
LANDSCAPE
8.1. 3W-INTERNATIONAL
GMBH
8.2. CATERPILLAR
INC.
8.3. CUMMINS INC.
8.4. CHINA
YUCHAI INTERNATIONAL LTD.
8.5. CLARKE
ENERGY
8.6. DEUTZ
AG
8.7. DRESSER-RAND
GROUP INC.
8.8. DOOSAN
INFRACORE CO. LTD.
8.9. FAIRBANKS
MORSE ENGINE
8.10. GENERAL
ELECTRIC COMPANY (INNIO)
8.11. HYUNDAI
HEAVY INDUSTRIES CO. LTD.
8.12. IHI
CORPORATION
8.13. KAWASAKI
HEAVY INDUSTRIES LTD.
8.14. MAN
SE
8.15. MITSUBISHI
HEAVY INDUSTRIES LTD.
8.16. WÄRTSILÄ
9. METHODOLOGY
& SCOPE
9.1. RESEARCH
SCOPE
9.2. SOURCES
OF DATA
9.3. RESEARCH
METHODOLOGY
TABLE 1: NORTH AMERICA
GAS ENGINE MARKET, BY COUNTRY, 2019-2027 (IN $ MILLION)
TABLE 2: VENDOR
SCORECARD
TABLE 3: REGULATORY
FRAMEWORK
TABLE 4: NATURAL GAS
PRICES (DOLLARS PER THOUSAND CUBIC FEET)
TABLE 5: COMPARISON OF
CARBON DIOXIDE EMISSION LEVELS FOR DIFFERENT FUELS (1990-2040) (MILLION METRIC
TONS)
TABLE 6: NORTH AMERICA
GAS ENGINE MARKET, BY FUEL TYPE, 2019-2027 (IN $ MILLION)
TABLE 7: NORTH AMERICA
GAS ENGINE MARKET, BY POWER, 2019-2027 (IN $ MILLION)
TABLE 8: NORTH AMERICA
GAS ENGINE MARKET, BY APPLICATION, 2019-2027 (IN $ MILLION)
TABLE 9: NORTH AMERICA
GAS ENGINE MARKET, BY END-USER, 2019-2027 (IN $ MILLION)
TABLE 10: NORTH AMERICA
GAS ENGINE MARKET, BY COUNTRY, 2019-2027 (IN $ MILLION)
FIGURE 1: NORTH AMERICA
GAS ENGINE MARKET, BY FUEL TYPE, 2018 & 2027 (IN %)
FIGURE 2: PORTER’S FIVE
FORCES ANALYSIS
FIGURE 3: KEY BUYING
IMPACT ANALYSIS
FIGURE 4: MARKET
ATTRACTIVENESS INDEX
FIGURE 5: NORTH AMERICA
GAS ENGINE MARKET, BY NATURAL GAS, 2019-2027 (IN $ MILLION)
FIGURE 6: NORTH AMERICA
GAS ENGINE MARKET, BY SPECIAL GAS, 2019-2027 (IN $ MILLION)
FIGURE 7: NORTH AMERICA
GAS ENGINE MARKET, BY OTHER GAS, 2019-2027 (IN $ MILLION)
FIGURE 8: NORTH AMERICA
GAS ENGINE MARKET, BY 0.5 MW-1.0 MW, 2019-2027 (IN $ MILLION)
FIGURE 9: NORTH AMERICA
GAS ENGINE MARKET, BY 1.0-2.0 MW, 2019-2027 (IN $ MILLION)
FIGURE 10: NORTH
AMERICA GAS ENGINE MARKET, BY 2.0-5.0 MW, 2019-2027 (IN $ MILLION)
FIGURE 11: NORTH
AMERICA GAS ENGINE MARKET, BY 5.0 MW-10.0 MW, 2019-2027 (IN $ MILLION)
FIGURE 12: NORTH
AMERICA GAS ENGINE MARKET, BY 10.0 MW-20.0 MW, 2019-2027 (IN $ MILLION)
FIGURE 13: NORTH
AMERICA GAS ENGINE MARKET, BY POWER GENERATION, 2019-2027 (IN $ MILLION)
FIGURE 14: NORTH
AMERICA GAS ENGINE MARKET, BY CO-GENERATION, 2019-2027 (IN $ MILLION)
FIGURE 15: NORTH
AMERICA GAS ENGINE MARKET, BY OTHER APPLICATIONS, 2019-2027 (IN $ MILLION)
FIGURE 16: NORTH
AMERICA GAS ENGINE MARKET, BY UTILITIES, 2019-2027 (IN $ MILLION)
FIGURE 17: NORTH
AMERICA GAS ENGINE MARKET, BY MANUFACTURING, 2019-2027 (IN $ MILLION)
FIGURE 18: NORTH
AMERICA GAS ENGINE MARKET, BY OIL & GAS, 2019-2027 (IN $ MILLION)
FIGURE 19: NORTH
AMERICA GAS ENGINE MARKET, BY TRANSPORTATION, 2019-2027 (IN $ MILLION)
FIGURE 20: NORTH
AMERICA GAS ENGINE MARKET, BY OTHER END-USERS, 2019-2027 (IN $ MILLION)
FIGURE 21: NORTH
AMERICA GAS ENGINE MARKET, REGIONAL OUTLOOK, 2018 & 2027 (IN %)
FIGURE 22: UNITED
STATES ENGINE MARKET, 2019-2027 (IN $ MILLION)
FIGURE 23: CANADA GAS
ENGINE MARKET, 2019-2027 (IN $ MILLION)