The gas engine market in North America is poised to grow by $ 322.03 million during 2021-2025, progressing at a CAGR of almost 5%
The market is driven by the reduction in the price of natural gas and increasing demand for efficient heat and power generation in North America.
The report on gas engine market in North America provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors. The report offers an up-to-date analysis regarding the current North America market scenario, latest trends and drivers, and the overall market environment. The gas engine market in North America analysis includes end-user segment, application segment, and geographic landscape.
This study identifies the abundant availability of natural gas in North America as one of the prime reasons driving the gas engine market in North America growth during the next few years.
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading gas engine market in North America vendors that include Caterpillar Inc., Cummins Inc., Doosan Infracore Co. Ltd., Hyundai Heavy Industries Co. Ltd., INNIO Jenbacher GmbH & Co. OG, Kawasaki Heavy Industries Ltd., MAN SE, Mitsubishi Heavy Industries Ltd., Rolls-Royce Plc, and Siemens Energy AG.
Also, the gas engine market in North America analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
Key Topics Covered:
Value chain analysis
Market segment analysis
Market size 2020
Market outlook: Forecast for 2020 - 2025
Five Forces Analysis
Five forces summary
Bargaining power of buyers
Bargaining power of suppliers
Threat of new entrants
Threat of substitutes
Threat of rivalry
Market Segmentation by Application
Comparison by Application
Power generation - Market size and forecast 2020 - 2025
Co-generation - Market size and forecast 2020 - 2025
Others - Market size and forecast 2020 - 2025
Market opportunity by application
Market Segmentation by End-user
Comparison by end-user
Power - Market size and forecast 2020 - 2025
Industrial - Market size and forecast 2020 - 2025
Residential - Market size and forecast 2020 - 2025
Commercial - Market size and forecast 2020 - 2025
Market opportunity by end-user
Market positioning of vendors
Doosan Infracore Co. Ltd.
Hyundai Heavy Industries Co. Ltd.
INNIO Jenbacher GmbH & Co. OG
Kawasaki Heavy Industries Ltd.
Mitsubishi Heavy Industries Ltd.
For more information about this report visit https://www.researchandmarkets.com/r/grr6e6
View source version on businesswire.com: https://www.businesswire.com/news/home/20211028005900/en/
Laura Wood, Senior Press Manager
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900