Gas Engine Market Set for Robust Growth Driven by Cleaner Power Demand
The gas engine market is experiencing robust growth driven by increasing demand for cleaner energy solutions and the transition towards sustainable power generation. As industries and governments worldwide prioritize environmental sustainability, gas engines have emerged as a viable alternative to traditional fossil fuel-based power generation systems. This shift is further fueled by advancements...
Engines Market will surge to $477.89 Billion by 2029
The global engines market is projected to reach USD 477.89 billion by 2029 from an estimated USD 377.24 billion in 2024, at a CAGR of 4.8% during the forecast period. The driving factor behind this growth is the growing demand for fuel-efficient and low-emission engines across various end-use industries, such as automotive, marine, power generation, and aviation. Investments in advanced engine technologies,...
Engines Market Share Expected to Reach $477.89 billion by 2029
The global Engines Market is anticipated to grow from estimated USD 377.83 billion in 2024 to USD 477.89 billion by 2029, at a CAGR of 4.8% during the forecast period. The major factors owing to the growth of Engines Market are rising demand for fuel efficient and low emission engines. Engines are machines used in converting fuels into mechanical energy. This helps in major industries such as automotive,...
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,...
High-Speed Engine Market worth $29.9 Billion by 2028
The global High-Speed Engine Market is projected to reach USD 29.9 billion in 2028 from USD 23.6 billion in 2022 at a CAGR of 4.0% according to a new report by MarketsandMarkets™. Rising demand for reliable and uninterrupted power, growth in maritime tourism and international marine freight transport, and increasing urbanization and industrialization are amongst the major drivers of the High-Speed...
High-Speed Engine Market worth $27.1 Billion by 2026
The global High-Speed Engine Market is projected to reach USD 27.1 billion by 2026 from an estimated USD 21.1 billion in 2021, at a CAGR of 5.1% during the forecast period. Rising demand for reliable and uninterrupted power, growth in international marine freight transport, and growth in maritime tourism are the major drivers of the High-Speed Engine Markets. Increased demand for backup power...
Gas Engines Market Size to Reach $5.8 Billion by 2027
According to the new market research report
“Gas
Engines Market by Fuel Type (Natural Gas, Special Gas), Application (Power
Generation, Cogeneration, Mechanical Drive), Power Output (0.5–1 MW, 1–2 MW,
2–5 MW, 5–15 MW, & Above 15 MW), End-User Industry, and Region – Global
Forecast to 2027“, published by MarketsandMarkets™,
The gas engines market size will grow to USD...
Gas Engines Market Booming Worldwide with Caterpillar, Wärtsilä, Man SE, Cummins, and Rolls-Royce.
The global gas engines market size is projected to reach USD 5.3 billion by 2024, from an estimated USD 4.0 billion in 2019, at a CAGR of 5.7% during the forecast period. The increasing demand for clean and renewable power generation and implementation of stricter emission regulations across the globe are major drivers for the gas engines market.
The gas engines market is dominated by a few major
players...
High-Speed Engine Market to Hit $27.1 Billion by 2026
According to the new market research report
“High-Speed Engine Market by Speed (1000-1500 rpm, 1500-1800 rpm,
and Above 1800 rpm), Power Output (0.5-1 MW, 1-2 MW, 2-4 MW, and Above 4 MW),
End User (Power Generation, Marine, Railway, Mining and Oil & Gas, and
Others), & Region – Global Forecast to 2026″, published by MarketsandMarkets™, the global High-Speed
Engine Market...
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...