Gas Engine Market worth $6.3 Billion by 2029

The global Gas Engine Market is expected to reach USD 6.3 billion by 2029 from USD 5.1 billion in 2024 at a CAGR of 4.5% during the 2024–2029 period according to a new report by MarketsandMarkets™. The growth in this market can be attributed to various factors stimulating demand. A prominent driver is the escalating focus on cleaner energy sources and sustainability initiatives,...

Gas Engines Market to Hit $5.3 Billion by 2024

The global gas engines market size is expected to grow from an estimated USD 4.0 billion in 2019 to USD 5.3 billion by 2024, at a CAGR of 5.7%, during the forecast period. Increasing demand for clean & efficient power generation technology and the implementation of stricter emission regulations is expected to drive market growth. The natural gas segment is expected to hold the largest share...