LONDON--(BUSINESS WIRE)--#GasEngineMarket--Technavio has been monitoring the global gas engine market size, operating under the consumer discretionary industry. The latest report on gas engine market, 2020-2024 estimates it to register an incremental growth of by USD 1.85 billion, almost at a CAGR of 7% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

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The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Competitors have to focus on differentiating their product offerings with unique value propositions to strengthen their foothold in the market. Market vendors also have to leverage on the existing growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments. 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 AG are among some of the major market participants.

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Expanding gas generator market has been instrumental in driving the growth of the market. However, the irregularities in natural gas reserves and supplies might hamper the market growth.

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Gas Engine Market 2020-2024: Segmentation

Gas Engine Market is segmented as below:

Based on geographic segmentation, over 44% of the market growth originated from Europe during the forecast period. In addition, the power segment led the growth under the end-user segments. This report provides an accurate prediction of the contribution of all the segments to the growth of the market size.

• End-user
  • Power
  • Industrial
  • Residential
  • Commercial
• Material
  • Titanium Dental Implants
  • Zirconium Dental Implants
• Geographic Landscape
  • Europe
  • North America
  • APAC
  • South America

Gas Engine Market 2020-2024: Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The gas engine market report covers the following areas:

• Gas Engine Market Size
• Gas Engine Market Trends
• Gas Engine Market Industry Analysis

This study identifies the development of nano coating as one of the prime reasons driving the Gas Engine Market growth during the next few years.

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.

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Gas Engine Market 2020-2024: Key Highlights

• CAGR of the market during the forecast period 2020-2024
• Detailed information on factors that will assist gas engine market growth during the next five years
• Estimation of the gas engine market size and its contribution to the parent market
• Predictions on upcoming trends and changes in consumer behavior
• The growth of the gas engine market
• Analysis of the market’s competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of gas engine market, vendors

Table of Contents:

Executive Summary

Market Landscape

• Market ecosystem
• Value chain analysis

Market Sizing

• Market definition
• Market segment analysis
• Market size 2019
• Market outlook: Forecast for 2019 - 2024

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 condition

Market Segmentation by End-user

• Market segments
• Comparison by End user
• Power - Market size and forecast 2019-2024
• Industrial - Market size and forecast 2019-2024
• Residential - Market size and forecast 2019-2024
• Commercial - Market size and forecast 2019-2024
• Market opportunity by End user

Customer landscape

• Customer landscape

Geographic Landscape

• Geographic segmentation
• Geographic comparison
• Europe - Market size and forecast 2019-2024
• North America - Market size and forecast 2019-2024
• APAC - Market size and forecast 2019-2024
• South America - Market size and forecast 2019-2024
• MEA - Market size and forecast 2019-2024
• Key leading countries
• Market opportunity by geography
• Volume driver - Demand led growth
• Volume driver - External factors
• Market challenges
• Market trends

Vendor Landscape

• Vendor landscape
• Landscape disruption

Vendor Analysis

• Vendors covered
• Market positioning of vendors
• 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
• Siemens AG

Appendix

• Scope of the report
• Currency conversion rates for US$
• Research methodology
• List of abbreviations

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