General Electric Company, Wärtsilä, Rolls-Royce Holdings plc, Deutz AG, Caterpillar Inc., Cummins In

The global gas engine market is poised to increase with +10.69% CAGR between the years 2018-2026. The base year considered for the study is 2017 and the forecast period is 2018-2026.

The two main factors that drive the market are lower gasoline prices, which have declined by more than 30% in recent years, and strict marine fuel emission regulations, which are leading to greater ship adoption LNG fed. In addition, the expansion of the gas transport infrastructure is supporting the growing participation of gas in primary energy consumption and, therefore, in gas engines. However, the market is restricted by the increasing competition of the renewable sector, whose intermittency challenge is now being addressed by integrating energy storage systems with solar and wind energy systems. In addition, the increasing use of electric vehicles is hampering market growth.

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The geographical segmentation is done on the basis of several key regions such as North America, Latin America, Asia-Pacific, Africa, and India along with the specific areas on the basis of productivity and demands. A major chunk of the report talks about the existing technologies and their influence on the growth of the market. In order to understand the potential growth of the market, some significant statistics have been mentioned effectively. It elaborates a detailed outline of the Gas Engine industries and that can be us....

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