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Gas Engine Market to Reach USD 8.26 Billion by 2030 | Growing Natural Gas Use and Shift Toward Cleaner Power Boost Global Demand, Mordor Intelligence
Gas Engine Market Size & Trends | Mordor Intelligence
Browse Full Report Details Followed by TOC: https://www.mordorintelligence.com/industry-reports/gas-engine-market?utm_source=openpr
Gas engines remain widely used in distributed generation, CHP systems, standby power, and industrial and heavy-duty applications. Their lower emission profile compared to conventional fuel systems continues to drive adoption across power utilities, automotive, marine, and industrial operations.
Emerging Trends Gas Engine Market
Growing Adoption of Gas Engines in Power Utilities
Power utilities remain the largest adopters of gas engine systems. Many electricity providers use gas engines to handle base load as well as peak load requirements, especially during high-demand hours. With the global electricity mix shifting gradually toward cleaner fuels, gas-fired power generation continues to hold a significant share.
Natural gas-based power accounted for nearly 23% of global electricity in 2022, supported by its stable supply, reduced emissions, and adaptability for combined-cycle systems.
Europe Strengthens Its Position as a High-Potential Market
Europe remains one of the most active regions for gas engine deployment due to its strong focus on lowering emissions and introducing hydrogen-ready infrastructure. The presence of leading manufacturers and ongoing engine development projects contribute to the region's growth.
Product Improvements and Multi-Fuel Capability Boost Market Demand
Manufacturers continue to release new gas engine models with:
higher efficiency
better reliability
improved performance under variable load conditions
Browse Japanese Version of the Report: https://www.mordorintelligence.com/ja/industry-reports/gas-engine-market?utm_source=openpr
Segmentation Overview
By End-User Industry
Power Utilities - Largest segment due to demand for continuous and peak power supply.
Automotive - Used for testing, manufacturing facilities, and auxiliary power needs.
Marine - Gas engines support onboard power systems and port-side operations.
Industrial - Widely used in factories, chemical plants, and processing units.
Others - Includes commercial facilities and institutional power systems.
By Fuel Type
Natural Gas - Dominant fuel due to high availability and lower emissions.
Hydrogen - Gaining interest with increasing focus on cleaner energy.
Other Fuel Types - Includes biogas, producer gas, and LNG-based applications.
By Geography
North America - Strong presence of gas-fired power and industrial facilities.
Europe - Rapid adoption of hydrogen-ready power systems.
Asia-Pacific - Fastest-growing region driven by energy security needs.
South America - Expanding gas supply and industrial use cases.
Middle East & Africa - Rising need for reliable power in developing economies.
Get Competitive Landscape Details: https://www.mordorintelligence.com/industry-reports/gas-engine-market/companies?utm_source=openpr
Top Key Players
Wärtsilä Oyj Abp
Rolls-Royce Holdings PLC
Caterpillar Inc.
Cummins Inc.
General Electric Company
Conclusion
The global gas engine market is set for steady growth through 2030, supported by strong natural gas availability, new hydrogen-ready engines, and ongoing investments in distributed generation. While renewable energy adoption introduces competitive pressure, many industries still require dependable, flexible power solutions that gas engines can deliver.
Explore Energy and Power and Industry Research: https://www.mordorintelligence.com/market-analysis/energy-power?utm_source=openpr
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About Mordor Intelligence:
Mordor Intelligence is a trusted partner for businesses seeking comprehensive and actionable market intelligence. Our global reach, expert team, and tailored solutions empower organizations and individuals to make informed decisions, navigate complex markets, and achieve their strategic goals. With a team of over 550 domain experts and on-ground specialists spanning 150+ countries, Mordor Intelligence possesses a unique understanding of the global business landscape. This expertise translates into comprehensive syndicated and custom research reports covering a wide spectrum of industries, including aerospace & defense, agriculture, animal nutrition and wellness, automation, automotive, chemicals & materials, consumer goods & services, electronics, energy & power, financial services, food & beverages, healthcare, hospitality & tourism, information & communications technology, investment opportunities, and logistics.
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