Natural Gas Engine Market Competitive Analysis and Top Profiling Forecast To 2026| Cummins Inc., Siemens AG, Caterpillar, INNIO, Wartsila, Rolls Royce plc

Data Bridge Market Research has recently added a concise research on the Natural Gas Engine Market to depict valuable insights related to significant market trends driving the industry. The report features analysis based on key opportunities and challenges confronted by market leaders while highlighting their competitive setting and corporate strategies for the estimated timeline. Some are the key & emerging players that are part of coverage and have being profiled are Cummins Inc., Siemens AG, Caterpillar, INNIO, Doosan Corporation, Wartsila, Green Power International Pvt. Ltd., Yanmar Co. Ltd., Kawasaki Heavy Industries Ltd., Rolls Royce plc, Mitsubishi Heavy Industries Ltd.

"Global Natural Gas Engine Market is Expected to Register a Healthy CAGR in the Forecast Period of 2019 to 2026"

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DRIVERS:

CLEAN AND EFFICIENT TECHNOLOGY FOR POWER GENERATION:

Low emissions and high efficiency in energy production play a key role in the investment for decisions. As emission requirements and regulations become more and more stringent, gas offers many advantages such as low carbon dioxide emissions, low nitrogen dioxide emissions, no Sulphur dioxide emissions and no particle emissions. Production of electricity from gas plants is more efficient than burning other fossil fuels because of their low operational and maintenance costs. It allows the global economy to reduce harmful air emissions and carbon, while complementing the development of renewables, and other innovative low-carbon energy technologies. In generating electricity, natural gas produces around half of the greenhouse gas emissions (GHGs) compared to coal.

Market Trends:

By Engine Family: Spark Ignited Engine, Dual Fuel Type Engine, High Pressure Direct Injection

By Power Output: 15KW - 100KW, 100KW - 399KW, 400KW - 800KW, 1000-2000KW, 3000KW - 4500KW

By Applications: Natural Gas Gensets, Natural Gas Automotive, Decentralized Energy Generation

Region Included are: United States, Europe, China, Japan, Southeast Asia, India & Central & South America

Competitive Analysis:

The key players are highly focusing innovation in production technologies to improve efficiency and shelf life. The best long-term growth opportunities for this sector can be captured by ensuring ongoing process improvements and financial flexibility to invest in the optimal strategies. Company profile section of players such as Cummins Inc., Siemens AG, Caterpillar, INNIO, Doosan Corporation, Wartsila, Green Power International Pvt. Ltd., Yanmar Co. Ltd., Kawasaki Heavy Industries Ltd., Rolls Royce plc, Mitsubishi Heavy Industries Ltd., MAN SE, Liebherr Group, Niigata Power Systems.

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Product Launch:

o In November 2018, Cummins Inc. announced that it will support the launch of EPA Cleaner Trucks along with the efforts of US Environmental Protection Agency in order to develop a national low NOx rule for on-highway heavy-duty engines. This support will lead to growth of the company at global level.

o In October 2018, INNIO expanded its Waukesha series of VHP by adding P9394GSI S5 Horsepower to an existing L7042GSI S5 at L7044GSI S5 at 1900 Horsepower & 1500 Horsepower. This expansion helped the company in providing better customer experience as customers are getting better fuel efficiency, improved power and lower operating costs.

o In December 2018, Rolls-Royce introduced new solutions for power plants' remote management. These solutions are introduced to provide end-to-end platform for collecting, transferring, storing and analysing the engine data.

o In December 2018, The Wartsila group has introduced a product named as 'a lifeboat for buildings' at Slush Helsinki 2018 which will be used during rising sea levels and severe flooding that can take place due to changes in the climate. However, it is not a real product but a concept designed by Wartsila technology group.

To stay ahead of the competition, a thorough idea about the competitive landscape, their product range, their strategies, and future prospects are very valuable. This Natural Gas Engine market research report involves a key data and information about the market, emerging trends, product usage, motivating factors for customers and competitors, restraints, brand positioning, and customer behaviour, which is of utmost importance when it comes to achieving a success in the competitive marketplace. This market research report is all-inclusive and encompasses various parameters of market. Natural Gas Engine market research report comprises of the major market insights that takes your business to the next level of success and growth.

The report clarifies the following uncertainties related to the Natural Gas Engine Market:

What are the various factors that are likely to impact the growth of the Natural Gas Engine Market?

How are market players expanding their footprint in the Natural Gas Engine Market?

What is the most notable trend that is currently influencing the dynamics of the Natural Gas Engine Market?

Who are the leading players operating in the Natural Gas Engine Market?

Which regional market is likely to present a plethora of opportunities for market players in the Natural Gas Engine Market?

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