Global Gas Engine Market to Witness Growth by a CAGR of ~2.5%

1. Global Gas Engine Market to Witness Growth by a CAGR of ~2.5% throughout 2022 – 2030 Research Nester published a report titled “Gas EngineMarket: Global Demand Analysis & Opportunity Outlook 2030” which delivers detailed overview of theglobal gas engine market in terms of market segmentation by gas type, application, end-user, and by region. Further, for the in-depth analysis, the report encompasses the industry growth indicators, restraints, supply and demand risk, along with detailed discussion on current and future market trends that are associated with the growth of the market. Request Free Sample Copy of this Report @ https://www.researchnester.com/sample-request-3680 The global gas engine market is anticipated to attain a CAGR of ~6.5% over the forecast period, i.e., 2022 – 2030. The market is segmented on the basis of gas type into natural gas, gasoline, landfill gas, and others. Among these, the natural gas segment is anticipated to hold the largest market share over the forecast period owing to the diverse application of natural gas, such as, base load power generation and combined heat and power applications. Moreover, it is cheaper, and readily available, which is further expected to boost the market growth. The global gas engine market is projected to witness growth on the back of increasing demand for gas engines for heavy-duty vehicles, as it supports continuous running at full load for long periods in a go. The increasing depletion of fossil fuels, along with rising demand of automobiles, are

2. another major factor projected to boost the market growth. Moreover, government regulations to curb vehicular pollution, is further projected to fuel the market growth. On the basis of regional analysis, the global gas engine market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. The market in the North America region is anticipated to gain notable market share throughout the forecast period owing to the increasing adoption of hydropower in the region. Moreover, the increasing private investment in hydropower, along with higher education awareness in the population. Request for customization @ https://www.researchnester.com/customized-reports-3680 The research is global in nature and covers detailed analysis on the market in North America (U.S., Canada), Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC [Finland, Sweden, Norway, Denmark], Poland, Turkey, Russia, Rest of Europe), Latin America (Brazil, Mexico, Argentina, Rest of Latin America), Asia-Pacific (China, India, Japan, South Korea, Indonesia, Singapore, Malaysia, Australia, New Zealand, Rest of Asia-Pacific), Middle East and Africa (Israel, GCC [Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman], North Africa, South Africa, Rest of Middle East and Africa). In addition, analysis comprising market size, Y-O-Y growth & opportunity analysis, market

3. players’ competitive study, investment opportunities, demand for future outlook etc. has also been covered and displayed in the research report. Increasing Adoption of Gas Engines in Heavy-Duty Vehicles to Boost the Market Growth Gas engines are internal combustion engines, which provide higher strength to the engine. The growing implementation of gas engines in heavy duty equipment, including construction and oil and gas industry, is expected to fuel the market growth. However, the growing adoption of electric vehicles is expected to operate as key restraint to the growth of the global gas engine market over the forecast period. This report also provides the existing competitive scenario of some of the key players of the global gas engine market which includes company profiling of Caterpillar Inc., Hyundai Heavy Industries Co., Ltd., General Electric Company, Cummins Inc., Rolls-Royce Holdings plc, Wärtsilä Oyj Abp, INNIO Jenbacher GmbH & Co OG, Fairbanks Morse, LLC, Kawasaki Heavy Industries, and Doosan Corporation. The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview of the global gas engine market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.

4. Access our detailed report at: https://www.researchnester.com/reports/gas-engine- market/3680 Research Nester is a leading service provider for strategic market research and consulting. We aim to provide unbiased, unparalleled market insights and industry analysis to help industries, conglomerates and executives to take wise decisions for their future marketing strategy, expansion and investment etc. We believe every business can expand to its new horizon, provided a right guidance at a right time is available through strategic minds. Our out of box thinking helps our clients to take wise decision in order to avoid future uncertainties. Contact for more Info: AJ Daniel Email: info@researchnester.com U.S. Phone: +1 646 586 9123 U.K. Phone: +44 203 608 5919