North America natural gas engine market is projected to register a CAGR of 7.2% in the forecast period of 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:
North America 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 (U.S., Canada, Mexico) Industry Trends and Forecast to 2027
Some of the major factors contributing to the growth of the North America natural gas engine market are:
- Rising concerns of government towards environment
- Availability of natural gas at reasonable rates
Market Players:
The key market players for North America natural gas engine market are listed below:
- YANMAR HOLDINGS CO., LTD.
- Westport Fuel Systems Inc.
- Wartsila
- BERGEN ENGINES AS (a subsidiary of Rolls-Royce plc)
- Liebherr-International Deutschland GmbH
- JFE Engineering Corporation (a subsidiary of JFE Holdings, Inc.)
- Siemens
- Caterpillar
- Cummins Inc.
- INNIO
- MITSUBISHI HEAVY INDUSTRIES, LTD
- Kawasaki Heavy Industries, Ltd.
- DEUTZ AG
- Doosan Corporation