Europe natural gas engine market is projected to register at CAGR of 8.5% in the forecast period 2020 to 2027. The new market report contains data for historic years 2018, the base year of calculation is 2019 and the forecast period is 2020 to 2027.
Market Segmentation:
Europe Natural Gas Engine Market, By Engine Family (Spark Ignited Engines, Dual Fuel Type Engine and High Pressure Direct Injection), Power Output (500 KW - 800 KW, 1000 KW - 2000 KW AND 3000 KW - 4500 KW), Application (Natural Gas Gensets, Natural Gas Automotive and Decentralized Energy Generation), Country (Germany, France, U.K., Italy, Spain, Russia, Turkey, Belgium, Netherlands, Switzerland and Rest of Europe)- Industry Trends and Forecast to 2027
Some of the major factors contributing to the growth of the Europe natural gas engine market:
- Decreasing price level of natural gas
- Increasing efficient technology for generating power
Market Players:
The key market players for Europe natural gas engine Market are listed below:
- Siemens
- MAN SE
- Cummins Inc.
- MITSUBISHI HEAVY INDUSTRIES, LTD
- INNIO
- Doosan Corporation
- Wartsila
- BERGEN ENGINES AS ( A Subsidiary of Rolls-Royce plc)
- Caterpillar
- JFE Engineering Corporation
- Kawasaki Heavy Industries, Ltd.
- Westport Fuel Systems Inc
- YANMAR HOLDINGS CO., LTD.
- DEUTZ AG
- IHI Power Systems Co.,Ltd. (Subsidiary of IHI Corporation)
- LIEBHERR
