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The Global Gas Engine Market is expected to grow by $ 1.66 bn during 2021-2025, progressing at a CAGR of 5.72% during the forecast period

·3-min read

Global Gas Engine Market 2021-2025 The analyst has been monitoring the gas engine market and it is poised to grow by $ 1. 66 bn during 2021-2025, progressing at a CAGR of 5. 72% during the forecast period.

New York, Nov. 05, 2021 (GLOBE NEWSWIRE) -- announces the release of the report "Global Gas Engine Market 2021-2025" -
Our report on the gas engine market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by increase in electricity demand and expanding the gas generator market. In addition, increase in electricity demand is anticipated to boost the growth of the market as well.
The gas engine market analysis includes the end-user segment and geographic landscape.

The gas engine market is segmented as below:
By End-user
• Power
• Industrial
• Residential
• Commercial

By Geographical Landscape
• Europe
• North America
• South America

This study identifies the low emission levels of natural gas as compared with fossil fuelsas one of the prime reasons driving the gas engine market growth during the next few years.

The analyst presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on gas engine market covers the following areas:
• Gas engine market sizing
• Gas engine market forecast
• Gas engine market industry analysis

This robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading gas engine market vendors that include Caterpillar Inc., CNH Industrial NV, Cummins Inc., Hyundai Heavy Industries Co. Ltd., INNIO Jenbacher GmbH & Co. OG, Kawasaki Heavy Industries Ltd., Kohler Co., Liebherr-International AG, Mitsubishi Heavy Industries Ltd., and Siemens AG. Also, the gas engine market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The analyst presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio’s market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Read the full report:

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