The European market for the gas engine is expected to dominate the region, in terms of market share, and record a CAGR of 6.40% during the forecast period of 2020-2028. The decrease in the prices of natural gases, an increase in the demand for electricity, and a significant slowdown in the extraction compared to fossil fuels are the factors responsible for market growth. The European market is a major exporter of gas engines to countries such as Spain, the United Kingdom, and Germany. The market of Europe for the gas engine is divided into the United Kingdom, Germany, Italy, Russia, Poland, Belgium, France, and the rest of Europe for further analysis. In the UK, the gas engine market is mainly driven by the increasing demand for electricity and energy resources in the country. The market is growing rapidly because new manufacturers and organizations are establishing their plants in the region. Germany has the largest share of the gas engine market in the entire European region.

EUROPE GAS ENGINE MARKET FORECAST 2020-2028

Europe Gas Engine Market by Fuel Type (Natural Gas, Special Gas, Other Gas) by Power (5 Mw-1.0 Mw, 0-2.0 Mw, 0-5.0 Mw, 0 Mw-10.0 Mw, 0 Mw-20.0 Mw) by Application (Power Generation, Co-generation, Other Applications) by End User (Utilities, Manufacturing, Oil & Gas, Transportation, Others) by Geography.

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The market of Europe for the gas engine is divided into the United Kingdom, Germany, Italy, Russia, Poland, Belgium, France, and the rest of Europe for further analysis. In the UK, the gas engine market is mainly driven by the increasing demand for electricity and energy resources in the country. The market is growing rapidly because new manufacturers and organizations are establishing their plants in the region. Germany has the largest share of the gas engine market in the entire European region. Germany has a large resource base and is a traditional market for gas engine products such as biogas, natural gas, and landfill gases.

France is a major producer and consumer of natural gas. They are a diverse exporter of natural gas in Europe, and across the globe. The demand for electricity and natural resources in the region is resulting in market growth and expansion. In regions like Italy, the demand for natural gas is expected to grow at a steady pace, along with the rising demand from industrial manufacturing users.

The market has the presence of some of the major companies. 3W- International GmbH is a renowned company that offers engine designs and adaptations for existing standard engines. The company is involved in the production, and research and development of heavy fuel and gasoline engines.

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RESEARCH SCOPE
- STUDY OBJECTIVES
- SCOPE OF THE STUDY
- METHODOLOGY
- STUDY AND FORECASTING YEARS
- ASSUMPTIONS & LIMITATIONS
EXECUTIVE SUMMARY
- MARKET SIZE & FORECAST
- MARKET OVERVIEW
MARKET DYNAMICS
- MARKET SCOPE & DEFINITION
- MARKET DRIVERS
  - UNYIELDING DROP IN THE GAS PRICES
  - INCREASING USE OF NATURAL GAS IN THE POWER INDUSTRY
  - GROWING ENVIRONMENTAL CONCERNS
  - ADVANCEMENTS IN TECHNOLOGIES RESULTING IN EFFICIENT POWER GENERATION
  - MARINE APPLICATION FUELING THE DEMAND FOR GAS ENGINES
- MARKET RESTRAINTS
  - IRREGULARITIES IN NATURAL GAS RESERVES & SUPPLIES DUE TO REGIONAL INSTABILITY
  - SECURITY & INFRASTRUCTURE CONCERNS
  - LARGE PRICE DIFFERENCE BETWEEN ALTERNATIVE FUELS
  - DEPLETING NATURAL GAS RESERVES
  - MACROECONOMIC FACTORS
  - STRICT REGULATIONS

KEY ANALYTICS
- PORTER’S FIVE FORCE MODEL
  - NEW ENTRANTS
  - SUBSTITUTION
  - SUPPLIERS POWER
  - BUYERS POWER
  - INDUSTRY RIVALRY
- KEY INVESTMENT INSIGHTS
- KEY BUYING CRITERIA
  - COST
  - EFFICIENCY
  - EMISSION
  - MAINTENANCE
  - FLEXIBILITY
- OPPORTUNITY MATRIX
- VENDORS LANDSCAPE
- VALUE CHAIN ANALYSIS
  - RAW MATERIAL SUPPLIERS / PARTS
  - MANUFACTURERS
  - DISTRIBUTORS
  - END USERS
- REGULATORY FRAMEWORK
MARKET BY FUEL TYPE
- NATURAL GAS
- SPECIAL GAS
- OTHER GAS
MARKET BY POWER
- 5 MW-1.0 MW
- 0-2.0 MW
- 0-5.0 MW
- 0 MW-10.0 MW
- 0 MW-20.0 MW
MARKET BY APPLICATION
- POWER GENERATION
- CO-GENERATION
- OTHER APPLICATIONS
MARKET BY END USER
- UTILITIES
- MANUFACTURING
- OIL & GAS
- TRANSPORTATION
- OTHERS
GEOGRAPHICAL ANALYSIS
- EUROPE
  - UNITED KINGDOM
  - GERMANY
  - FRANCE
  - ITALY
  - RUSSIA
  - BELGIUM
  - POLAND
  - REST OF EUROPE

COMPANY PROFILES
- 3W INTERNATIONAL GMBH
- CATERPILLAR INC.
- CHINA YUCHAI INTERNATIONAL LTD.
- CLARKE ENERGY
- CUMMINS INC.
- DEUTZ AG
- DRESSER RAND GROUP INC.
- DOOSAN INFRACORE CO. LTD.
- FAIRBANKS MORSE ENGINES
- GENERAL ELECTRIC COMPANY (INIO)
- HYUNDAI HEAVY INDUSTRIES CO. LTD.
- IHI CORPORATION
- KAWASAKI HEAVY INDUSTRIES LTD.
- MAN SE
- MITSUBISHI HEAVY INDUSTRIES INC.
- WÄRTSILÄ CORPORATION
- ROLLS ROYCE HOLDINGS PLC.
- YANMAR CO. LTD.

LIST OF TABLES

TABLE 1: NATURAL GAS PRICES, (2016-2018) (DOLLARS PER THOUSAND CUBIC FEET)

TABLE 2: COMPARISON OF CARBON DIOXIDE EMISSION LEVELS FOR DIFFERENT FUELS (1990-2040) (BILLION METRIC TONS)

TABLE 3: LEGAL, POLICY & REGULATORY FRAMEWORK

TABLE 4: EUROPE GAS ENGINE MARKET, BY FUEL TYPE, HISTORICAL YEARS, 2016-2019 (IN $ MILLION)

TABLE 5: EUROPE GAS ENGINE MARKET, BY FUEL TYPE, FORECAST YEARS, 2020-2028 (IN $ MILLION)

TABLE 6: EUROPE GAS ENGINE MARKET, BY POWER, HISTORICAL YEARS, 2016-2019 (IN $ MILLION)

TABLE 7: EUROPE GAS ENGINE MARKET, BY POWER, FORECAST YEARS, 2020-2028 (IN $ MILLION)

TABLE 8: EUROPE GAS ENGINE MARKET, BY APPLICATION, HISTORICAL YEARS, 2016-2019 (IN $ MILLION)

TABLE 9: EUROPE GAS ENGINE MARKET, BY APPLICATION, FORECAST YEARS, 2020-2028 (IN $ MILLION)

TABLE 10: EUROPE GAS ENGINE MARKET, BY END USER, HISTORICAL YEARS, 2016-2019 (IN $ MILLION)

TABLE 11: EUROPE GAS ENGINE MARKET, BY END USER, FORECAST YEARS, 2020-2028 (IN $ MILLION)

TABLE 12: EUROPE GAS ENGINE MARKET, BY COUNTRY, HISTORICAL YEARS, 2016-2019 (IN $ MILLION)

TABLE 13: EUROPE GAS ENGINE MARKET, BY COUNTRY, FORECAST YEARS, 2020-2028 (IN $ MILLION)

LIST OF FIGURES

FIGURE 1: PORTER’S FIVE FORCE ANALYSIS

FIGURE 2: KEY INVESTMENT INSIGHTS

FIGURE 3: KEY BUYING IMPACT ANALYSIS

FIGURE 4: OPPORTUNITY MATRIX

FIGURE 5: VENDOR LANDSCAPE

FIGURE 6: VALUE CHAIN ANALYSIS

FIGURE 7: EUROPE GAS ENGINE MARKET, GROWTH POTENTIAL, BY FUEL TYPE (IN 2019)

FIGURE 8: EUROPE GAS ENGINE MARKET, BY NATURAL GAS, 2020-2028 (IN $ MILLION)

FIGURE 9: EUROPE GAS ENGINE MARKET, BY SPECIAL GAS, 2020-2028 (IN $ MILLION)

FIGURE 10: EUROPE GAS ENGINE MARKET, BY OTHER FUEL TYPE, 2020-2028 (IN $ MILLION)

FIGURE 11: EUROPE GAS ENGINE MARKET, GROWTH POTENTIAL, BY POWER (IN 2019)

FIGURE 12: EUROPE GAS ENGINE MARKET, BY 0.5 MW-1.0 MW, 2020-2028 (IN $ MILLION)

FIGURE 13: EUROPE GAS ENGINE MARKET, BY 1.0-2.0 MW, 2020-2028 (IN $ MILLION)

FIGURE 14: EUROPE GAS ENGINE MARKET, BY 2.0-5.0 MW, 2020-2028 (IN $ MILLION)

FIGURE 15: EUROPE GAS ENGINE MARKET, BY 5.0 MW-10.0 MW, 2020-2028 (IN $ MILLION)

FIGURE 16: EUROPE GAS ENGINE MARKET, BY 10.0 MW-20.0 MW, 2020-2028 (IN $ MILLION)

FIGURE 17: EUROPE GAS ENGINE MARKET, GROWTH POTENTIAL, BY APPLICATION (IN 2019)

FIGURE 18: EUROPE GAS ENGINE MARKET, BY POWER GENERATION, 2020-2028 (IN $ MILLION)

FIGURE 19: EUROPE GAS ENGINE MARKET, BY CO-GENERATION, 2020-2028 (IN $ MILLION)

FIGURE 20: EUROPE GAS ENGINE MARKET, BY OTHER APPLICATIONS, 2020-2028 (IN $ MILLION)

FIGURE 21: EUROPE GAS ENGINE MARKET, GROWTH POTENTIAL, BY END USER (IN 2019)

FIGURE 22: EUROPE GAS ENGINE MARKET, BY UTILITIES, 2020-2028 (IN $ MILLION)

FIGURE 23: EUROPE GAS ENGINE MARKET, BY MANUFACTURING, 2020-2028 (IN $ MILLION)

FIGURE 24: EUROPE GAS ENGINE MARKET, BY OIL & GAS, 2020-2028 (IN $ MILLION)

FIGURE 25: EUROPE GAS ENGINE MARKET, BY TRANSPORTATION, 2020-2028 (IN $ MILLION)

FIGURE 26: EUROPE GAS ENGINE MARKET, BY OTHER END USERS, 2020-2028 (IN $ MILLION)

FIGURE 27: EUROPE GAS ENGINE MARKET, REGIONAL OUTLOOK, 2019& 2028 (IN %)

FIGURE 28: UNITED KINGDOM GAS ENGINE MARKET, 2020-2028 (IN $ MILLION)

FIGURE 29: GERMANY GAS ENGINE MARKET, 2020-2028 (IN $ MILLION)

FIGURE 30: FRANCE GAS ENGINE MARKET, 2020-2028 (IN $ MILLION)

FIGURE 31: ITALY GAS ENGINE MARKET, 2020-2028 (IN $ MILLION)

FIGURE 32: RUSSIA GAS ENGINE MARKET, 2020-2028 (IN $ MILLION)

FIGURE 33: BELGIUM GAS ENGINE MARKET, 2020-2028 (IN $ MILLION)

FIGURE 34: POLAND GAS ENGINE MARKET, 2020-2028 (IN $ MILLION)

FIGURE 35: REST OF EUROPE GAS ENGINE MARKET, 2020-2028 (IN $ MILLION)

Segmentation

GEOGRAPHICAL ANALYSIS
- EUROPE
  - UNITED KINGDOM
  - GERMANY
  - FRANCE
  - ITALY
  - RUSSIA
  - BELGIUM
  - POLAND
  - REST OF EUROPE

MARKET BY FUEL TYPE
- NATURAL GAS
- SPECIAL GAS
- OTHER GAS
MARKET BY POWER
- 5 MW-1.0 MW
- 0-2.0 MW
- 0-5.0 MW
- 0 MW-10.0 MW
- 0 MW-20.0 MW
MARKET BY APPLICATION
- POWER GENERATION
- CO-GENERATION
- OTHER APPLICATIONS
MARKET BY END USER
- UTILITIES
- MANUFACTURING
- OIL & GAS
- TRANSPORTATION
- OTHERS