Asia-Pacific Gas Engine Market - Analysis By Competitive Outlook & By Revenue with Forecast to 2027


Posted December 19, 2019 by Vidhyanigam98

According to Report states that the Asia-Pacific Gas Engine Market would grow in terms of revenue, at a CAGR of 7.79%, during the forecasting period of 2019 to 2027.
 
Bharat Book Bureau Provides the Trending Market Research Report on “Asia-Pacific Gas Engine Market 2019-2027”under Energy Category. The report offers a collection of superior market research, market analysis, competitive intelligence and Market reports.

MARKET OUTLOOK

According to Report states that the Asia-Pacific Gas Engine Market would grow in terms of revenue, at a CAGR of 7.79%, during the forecasting period of 2019 to 2027.

China, Japan, India, South Korea, Australia & New Zealand, ASEAN countries, and Rest of APAC together form the gas engine market in the Asia-Pacific.
The Government of China has been taking initiatives to promote the usage of clean fuel for power generation. In its goals for the ‘13th Five-Year Plan’, the government plans on decreasing its dependence on coal for generating electricity. Moreover, there is a focus on increasing the use of gas for electricity generation. There are policies being introduced by the government for the same, which is expected to boost the market for gas engines in the country.

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The Government of India, with a vision of making the country a gas-based economy, has been taking strategic initiatives to enhance the usage of clean energy for generating power. As of September 2018, gas pipelines covered a total stretch of 17,752 km in the country. Owing to this, a widespread growth in the production of natural gas is expected, along with the procurement of cheap LNG. The country aims to significantly increase the usage of gas in the coming years - contributing to 15% of its total energy mix by 2022. The governmental initiatives to boost the country’s natural gas sector are expected to lead to wide-scale adoption of gas engines in the upcoming years, thereby propelling India’s gas engine market.

COMPETITIVE OUTLOOK
Kawasaki Heavy Industries, Ltd., IHI Corporation, MAN SE, Hyundai Heavy Industries Co., Ltd., Cummins, Inc., 3W-International GmbH, Mitsubishi Heavy Industries, Ltd., and Deutz AG are the distinguished names in the gas engine market.

Table Of Contents

Asia-Pacific Gas Engine Market – Summary
Industry Outlook
2.1. Market Definition
2.2. Key Insights
2.2.1. Advent Of Dual Fuel Engines
2.2.2. Consumption Of Alternate Gases As Fuels
2.3. Porter’S Five Forces Analysis
2.3.1. Threat Of New Entrants
2.3.2. Threat Of Substitute
2.3.3. Bargaining Power Of Suppliers
2.3.4. Bargaining Power Of Buyers
2.3.5. Threat Of Competitive Rivalry
2.4. Key Impact Analysis
2.4.1. Cost
2.4.2. Efficiency
2.4.3. Emission
2.4.4. Maintenance
2.4.5. Flexibility
2.5. Market Attractiveness Index
2.6. Vendor Scorecard
2.7. Regulatory Framework
2.8. Market Drivers
2.8.1. Decrease In Gas Prices
2.8.2. Growing Electricity Demand Worldwide
2.8.3. Surge In Ecological Concerns
2.8.4. Industrial Expansion Leading To Environmental Power Generation
2.9. Market Restraints
2.9.1. Abnormalities In Natural Gas Reserves & Provisions Due To Regional Instability
2.9.2. Rise In Safety Concerns
2.9.3. Price Disparity Among Fuels
2.10. Market Opportunities
2.10.1. Emergent Inclination Towards Distributed Power Generation
2.10.2. Advent Of Gas-Fired Power Plants
2.11. Market Challenges
2.11.1. Diminishing Natural Gas Reserves
2.11.2. Firm Regulations Levied By Authorities
Asia-Pacific Gas Engine Market Outlook - By Fuel Type
3.1. Natural Gas
3.2. Special Gas
3.3. Other Gas
Asia-Pacific Gas Engine Market Outlook – By Power
4.1. 0.5 Mw-1.0 Mw
4.2. 1.0-2.0 Mw
4.3. 2.0-5.0 Mw
4.4. 5.0 Mw-10.0 Mw
4.5. 10.0 Mw-20.0 Mw
Asia-Pacific Gas Engine Market Outlook – By Application
5.1. Power Generation
5.2. Co-Generation
5.3. Other Applications
Asia-Pacific Gas Engine Market Outlook – By End-User
6.1. Utilities
6.2. Manufacturing
6.3. Oil & Gas
6.4. Transportation
6.5. Other End-Users
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Last Updated December 19, 2019