GLOBAL GAS ENGINE MARKET FORECAST 2020-2028

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GLOBAL GAS ENGINE MARKET FORECAST 2020-2028

Inkwood Research estimates that the global market for the gas engine will grow with an anticipated CAGR of 6.68% during the projected period, 2020-2028, and will reach revenue of $ 799.6 billion by 2028. The base year considered for the market study is 2019, with the forecasted period being 2020-2028. The rising use of natural gas in the industry is measured as the major driver in fueling the market’s growth.  The generation of electric power represents one of the fastest-growing uses of natural gas. Natural gas plants offer better functioning than coal plants because they can be turned up and turned down rapidly. Ideally, this makes them geared to meet high electricity demands, especially, in the months of summer, when the use of air-cooling systems is widespread.  The increasing electricity demand creates huge pressure on natural gas plants to generate more electricity.

GLOBAL GAS ENGINE MARKET FORECAST 2020-2028

Global Gas Engine Market by Fuel Type (Natural Gas, Special Gas, Other Gas) by Power (5 Mw-1.0 Mw, 0-2.0 Mw, 0-5.0 Mw, 0 Mw-10.0 Mw, 0 Mw-20.0 Mw) by Application (Power Generation, Co-generation, Other Applications) by End User (Utilities, Manufacturing, Oil & Gas, Transportation, Others) by Geography.

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Inkwood Research estimates that the global market for the gas engine will grow with an anticipated CAGR of 6.68% during the projected period, 2020-2028, and will reach revenue of $8 billion by 2028. The base year considered for the market study is 2019, with the forecasted period being 2020-2028.

The global gas engine market is driven by:

  • Unyielding drop in gas prices
  • Increasing use of natural gas in the power industry
  • Growing environmental concerns
  • Advancements in technologies resulting in efficient power generation
  • Marine application fueling the demand for gas engines

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The rising use of natural gas in the industry is measured as the major driver in fueling the market’s growth.  The generation of electric power represents one of the fastest-growing uses of natural gas. Natural gas plants offer better functioning than coal plants because they can be turned up and turned down rapidly. Ideally, this makes them geared to meet high electricity demands, especially, in the months of summer, when the use of air-cooling systems is widespread.  The increasing electricity demand creates huge pressure on natural gas plants to generate more electricity. It is the long-term demand factors that reflect the basic trends for the usage of natural gas in the future. For instance, the total fossil fuel supply will be up to 80% by 2040, making natural gas the most preferred fuel for the future. The increasing demand for electricity will be a driver for this market, which will increase the overall growth of the market during the projected period.

Power generation is one of the leading segment in terms of revenue, with a market share of 59.49% in the forecast period. The demand for power is expanding worldwide, owing to the access to unswerving, inexpensive electricity, which is an acute measure for economic growth. There is an expected growth of the economy’s GDP of 3.5 percent annually, as stated by the International Energy Agency (IEA).  Moreover, the co-generation segment is anticipated to grow at the highest CAGR of around 7.04 % during the forecast period.

The major players in the market, such as GE, Clarke Energy, and Man engines, offer low pollution engines with natural gas, having ultimate reliability and highest energy efficiency. Co-Generation provides energy savings between 15 to 40% compared with the supply of heat and electricity from boilers and conventional power stations, thereby aiding the growth of the market.

However, the irregularities in global natural gas reserves are expected to affect the use of natural gas and reduce the demand for gas engines. According to BP, two-thirds of the global natural gas reserves are located in the former Soviet Union countries, such as Iran and Qatar.  The natural gas production in the US has increased due to shale gas upsurge in the country. The over usage of the gases is restraining the growth of the market.

The report scope of the global gas engine market covers segmentation analysis of fuel type, power, application, and end-user.

Market by Power:

  • 5 MW-1.0 MW
  • 0-2.0 MW
  • 0-5.0 MW
  • 0 MW-10.0 MW
  • 0 MW-20.0 MW

Market by Fuel Type:

  • Natural Gas
  • Special Gas
  • Other Gas

Market by End User:

  • Utilities
  • Manufacturing
  • Oil & Gas
  • Transportation
  • Others

Market by Application:

  • Power Generation
  • Co-Generation
  • Other Applications

On the basis of geography, the global gas engine market has been segregated into four major regions:

  • North America: the United States & Canada
  • Europe: the United Kingdom, France, Germany, Italy, Russia, Belgium, Poland, and the Rest of Europe
  • Asia Pacific: China, Japan, India, South Korea, Thailand, Indonesia, Vietnam, Australia & New Zealand, and the Rest of Asia Pacific
  • Rest of World: Latin America, the Middle East, and Africa

As of 2019, the region of Europe held the largest market share. The market dominated during the projected period, among others. The European market region also operates a major exporter of the gas engine market. The market region has the operational benefits of a competitive manufacturing sector, along with the presence of innovative and modern industries.

Moreover, Asia Pacific is anticipated to be the fastest-growing region with a CAGR of 7.36 % during the forecast period. The growing demand for electricity is one of the key factors driving the growth of the Asia Pacific gas engine market. In Japan, the earthquake and tsunami of 2011 led to a reduction in the nuclear-based power generation. This resulted in the proliferation of alternative sources of electricity. The country is focusing on using clean and reliable sources of energy, which makes the market scenario favorable for gas engines. The electricity prices in Japan experienced a surge, primarily due to the rising fossil fuel imports, spurred by the closure of above 40 GW of nuclear capacity. The surging electricity prices in Japan increased the adoption of energy-efficient technologies, thereby fueling demand for gas engines in the Asia Pacific region.

The key players involved in global gas engine market are:

  • Caterpillar Inc.
  • Clarke Energy
  • Deutz AG
  • MAN SE
  • Others

In May 2018, 3W International GmBH signed a contract with IHATEK Ltd., which will showcase and dispense the products of 3W-International GmbH, in addition to those of Sky Power GmbH. In February 2018, Caterpillar Inc., announced to upgrade the Cat Reman Marine 3116 and 3126 model engines, which range from 300 to 420 bhp.

Key findings of the global gas engine market:

  • Europe leads the global gas engine market by capturing the largest market share of around 39.69% in 2019.
  • The Asia Pacific gas engine market is anticipated to grow at the highest CAGR of 7.36% during the forecast period of 2020-2028.
  • The growing usage of natural gas reserves is augmenting the growth of the market for the forecast period.
  • The co-generation segment accounts for the largest share in the market & is projected to grow with a CAGR of 7.04% during the estimated period.
  1. RESEARCH SCOPE
    • STUDY OBJECTIVES
    • SCOPE OF THE STUDY
    • METHODOLOGY
    • STUDY AND FORECASTING YEARS
    • ASSUMPTIONS & LIMITATIONS
  2. EXECUTIVE SUMMARY
    • MARKET SIZE & FORECAST
    • MARKET OVERVIEW
  3. MARKET DYNAMICS
    • MARKET SCOPE & DEFINITION
    • MARKET DRIVERS
      • UNYIELDING DROP IN THE GAS PRICES
      • INCREASING USE OF NATURAL GAS IN THE POWER INDUSTRY
      • GROWING ENVIRONMENTAL CONCERNS
      • ADVANCEMENTS IN TECHNOLOGIES RESULTING IN EFFICIENT POWER GENERATION
      • MARINE APPLICATION FUELING THE DEMAND FOR GAS ENGINES
    • MARKET RESTRAINTS
      • IRREGULARITIES IN NATURAL GAS RESERVES & SUPPLIES DUE TO REGIONAL INSTABILITY
      • SECURITY & INFRASTRUCTURE CONCERNS
      • LARGE PRICE DIFFERENCE BETWEEN ALTERNATIVE FUELS
      • DEPLETING NATURAL GAS RESERVES
      • MACROECONOMIC FACTORS
      • STRICT REGULATIONS
  1. KEY ANALYTICS
    • PORTER’S FIVE FORCE MODEL
      • NEW ENTRANTS
      • SUBSTITUTION
      • SUPPLIERS POWER
      • BUYERS POWER
      • INDUSTRY RIVALRY
    • KEY INVESTMENT INSIGHTS
    • KEY BUYING CRITERIA
      • COST
      • EFFICIENCY
      • EMISSION
      • MAINTENANCE
      • FLEXIBILITY
    • OPPORTUNITY MATRIX
    • VENDORS LANDSCAPE
    • VALUE CHAIN ANALYSIS
      • RAW MATERIAL SUPPLIERS / PARTS
      • MANUFACTURERS
      • DISTRIBUTORS
      • END USERS
    • REGULATORY FRAMEWORK
  2. MARKET BY FUEL TYPE
    • NATURAL GAS
    • SPECIAL GAS
    • OTHER GAS
  3. MARKET BY POWER
    • 5 MW-1.0 MW
    • 0-2.0 MW
    • 0-5.0 MW
    • 0 MW-10.0 MW
    • 0 MW-20.0 MW
  4. MARKET BY APPLICATION
    • POWER GENERATION
    • CO-GENERATION
    • OTHER APPLICATIONS
  5. MARKET BY END USER
    • UTILITIES
    • MANUFACTURING
    • OIL & GAS
    • TRANSPORTATION
    • OTHERS
  6. GEOGRAPHICAL ANALYSIS
    • NORTH AMERICA
      • UNITED STATES
      • CANADA
    • EUROPE
      • UNITED KINGDOM
      • GERMANY
      • FRANCE
      • ITALY
      • RUSSIA
      • BELGIUM
      • POLAND
      • REST OF EUROPE
    • ASIA PACIFIC
      • CHINA
      • JAPAN
      • INDIA
      • SOUTH KOREA
      • THAILAND
      • INDONESIA
      • VIETNAM
      • AUSTRALIA & NEW ZEALAND
      • REST OF ASIA PACIFIC
    • REST OF WORLD
      • LATIN AMERICA
      • MIDDLE EAST & AFRICA
  1. COMPANY PROFILES
    • 3W INTERNATIONAL GMBH
    • CATERPILLAR INC.
    • CHINA YUCHAI INTERNATIONAL LTD.
    • CLARKE ENERGY
    • CUMMINS INC.
    • DEUTZ AG
    • DRESSER RAND GROUP INC.
    • DOOSAN INFRACORE CO. LTD.
    • FAIRBANKS MORSE ENGINES
    • GENERAL ELECTRIC COMPANY (INIO)
    • HYUNDAI HEAVY INDUSTRIES CO. LTD.
    • IHI CORPORATION
    • KAWASAKI HEAVY INDUSTRIES LTD.
    • MAN SE
    • MITSUBISHI HEAVY INDUSTRIES INC.
    • WÄRTSILÄ CORPORATION
    • ROLLS ROYCE HOLDINGS PLC.
    • YANMAR CO. LTD.

LIST OF TABLES

TABLE 1: NATURAL GAS PRICES, (2016-2018) (DOLLARS PER THOUSAND CUBIC FEET)

TABLE 2: COMPARISON OF CARBON DIOXIDE EMISSION LEVELS FOR DIFFERENT FUELS, (1990-2040) (BILLION METRIC TONS)

TABLE 3: LEGAL, POLICY & REGULATORY FRAMEWORK

TABLE 4: GLOBAL GAS ENGINE MARKET, BY FUEL TYPE, HISTORICAL YEARS, 2016-2019 (IN $ MILLION)

TABLE 5: GLOBAL GAS ENGINE MARKET, BY FUEL TYPE, FORECAST YEARS, 2020-2028 (IN $ MILLION)

TABLE 6: GLOBAL NATURAL GAS MARKET, BY REGION, HISTORICAL YEARS, 2016-2019 (IN $ MILLION)

TABLE 7: GLOBAL NATURAL GAS MARKET, BY REGION, FORECAST YEARS, 2020-2028 (IN $ MILLION)

TABLE 8: GLOBAL SPECIAL GAS MARKET, BY REGION, HISTORICAL YEARS, 2016-2019 (IN $ MILLION)

TABLE 9: GLOBAL SPECIAL GAS MARKET, BY REGION, FORECAST YEARS, 2020-2028 (IN $ MILLION)

TABLE 10: GLOBAL OTHER GAS MARKET, BY REGION, HISTORICAL YEARS, 2016-2019 (IN $ MILLION)

TABLE 11: GLOBAL OTHER GAS MARKET, BY REGION, FORECAST YEARS, 2020-2028 (IN $ MILLION)

TABLE 12: GLOBAL GAS ENGINE MARKET, BY POWER, HISTORICAL YEARS, 2016-2019  (IN $ MILLION)

TABLE 13: GLOBAL GAS ENGINE MARKET, BY POWER, FORECAST YEARS, 2020-2028 (IN $ MILLION)

TABLE 14: GLOBAL 0.5 MW-1.0 MW MARKET, BY REGION, HISTORICAL YEARS, 2016-2019 (IN $ MILLION)

TABLE 15: GLOBAL 0.5 MW-1.0 MW MARKET, BY REGION, FORECAST YEARS, 2020-2028 (IN $ MILLION)

TABLE 16: GLOBAL 1.0-2.0 MW MARKET, BY REGION, HISTORICAL YEARS, 2016-2019 (IN $ MILLION)

TABLE 17: GLOBAL 1.0-2.0 MW MARKET, BY REGION, FORECAST YEARS, 2020-2028 (IN $ MILLION)

TABLE 18: GLOBAL 2.0-5.0 MW MARKET, BY REGION, HISTORICAL YEARS, 2016-2019 (IN $ MILLION)

TABLE 19: GLOBAL 2.0-5.0 MW MARKET, BY REGION, FORECAST YEARS, 2020-2028 (IN $ MILLION)

TABLE 20: GLOBAL 5.0 MW-10.0 MW MARKET, BY REGION, HISTORICAL YEARS, 2016-2019 (IN $ MILLION)

TABLE 21: GLOBAL 5.0 MW-10.0 MW MARKET, BY REGION, FORECAST YEARS, 2020-2028 (IN $ MILLION)

TABLE 22: GLOBAL 10.0 MW-20.0 MW MARKET, BY REGION, HISTORICAL YEARS, 2016-2019 (IN $ MILLION)

TABLE 23: GLOBAL 10.0 MW-20.0 MW MARKET, BY REGION, FORECAST YEARS, 2020-2028 (IN $ MILLION)

TABLE 24: GLOBAL GAS ENGINE MARKET, BY APPLICATION, HISTORICAL YEARS, 2016-2019 (IN $ MILLION)

TABLE 25: GLOBAL GAS ENGINE MARKET, BY APPLICATION, FORECAST YEARS, 2020-2028 (IN $ MILLION)

TABLE 26: GLOBAL POWER GENERATION MARKET, BY REGION, HISTORICAL YEARS, 2016-2019 (IN $ MILLION)

TABLE 27: GLOBAL POWER GENERATION MARKET, BY REGION, FORECAST YEARS, 2020-2028 (IN $ MILLION)

TABLE 28: GLOBAL CO-GENERATION MARKET, BY REGION, HISTORICAL YEARS, 2016-2019 (IN $ MILLION)

TABLE 29: GLOBAL CO-GENERATION MARKET, BY REGION, FORECAST YEARS, 2020-2028 (IN $ MILLION)

TABLE 30: GLOBAL OTHER APPLICATIONS MARKET, BY REGION, HISTORICAL YEARS, 2016-2019 (IN $ MILLION)

TABLE 31: GLOBAL OTHER APPLICATIONS MARKET, BY REGION, FORECAST YEARS, 2020-2028 (IN $ MILLION)

TABLE 32: GLOBAL GAS ENGINE MARKET, BY END USER HISTORICAL YEARS, 2016-2019 (IN $ MILLION)

TABLE 33: GLOBAL GAS ENGINE MARKET, BY END USER FORECAST YEARS, 2020-2028 (IN $ MILLION)

TABLE 34: GLOBAL UTILITIES MARKET, BY REGION, HISTORICAL YEARS, 2016-2019 (IN $ MILLION)

TABLE 35: GLOBAL UTILITIES MARKET, BY REGION, FORECAST YEARS, 2020-2028 (IN $ MILLION)

TABLE 36: GLOBAL MANUFACTURING MARKET, BY REGION, HISTORICAL YEARS, 2016-2019 (IN $ MILLION)

TABLE 37: GLOBAL MANUFACTURING MARKET, BY REGION, FORECAST YEARS, 2020-2028 (IN $ MILLION)

TABLE 38: GLOBAL OIL & GAS MARKET, BY REGION, HISTORICAL YEARS, 2016-2019 (IN $ MILLION)

TABLE 39: GLOBAL OIL & GAS MARKET, BY REGION, FORECAST YEARS, 2020-2028 (IN $ MILLION)

TABLE 40: GLOBAL TRANSPORTATION MARKET, BY REGION, HISTORICAL YEARS, 2016-2019 (IN $ MILLION)

TABLE 41: GLOBAL TRANSPORTATION MARKET, BY REGION, FORECAST YEARS, 2020-2028 (IN $ MILLION)

TABLE 42: GLOBAL OTHERS MARKET, BY REGION, HISTORICAL YEARS, 2016-2019 (IN $ MILLION)

TABLE 43: GLOBAL OTHERS MARKET, BY REGION, FORECAST YEARS, 2020-2028 (IN $ MILLION)

TABLE 44: GLOBAL GAS ENGINE MARKET, BY GEOGRAPHY, HISTORICAL YEARS, 2016-2019 (IN $ MILLION)

TABLE 45: GLOBAL GAS ENGINE MARKET, BY GEOGRAPHY, FORECAST YEARS, 2020-2028 (IN $ MILLION)

TABLE 46: NORTH AMERICA GAS ENGINE MARKET, BY COUNTRY, HISTORICAL YEARS, 2016-2019 (IN $ MILLION)

TABLE 47: NORTH AMERICA GAS ENGINE MARKET, BY COUNTRY, FORECAST YEARS, 2020-2028 (IN $ MILLION)

TABLE 48: EUROPE GAS ENGINE MARKET, BY COUNTRY, 2016 – 2019 (IN $ MILLION)

TABLE 49: EUROPE GAS ENGINE MARKET, BY COUNTRY, 2020- 2028 (IN $ MILLION)

TABLE 50: ASIA PACIFIC GAS ENGINE MARKET, BY COUNTRY, HISTORICAL YEARS, 2016-2019 (IN $ MILLION)

TABLE 51: ASIA PACIFIC GAS ENGINE MARKET, BY COUNTRY, FORECAST YEARS, 2020-2028 (IN $ MILLION)

TABLE 52: REST OF WORLD GAS ENGINE MARKET, BY REGION, HISTORICAL YEARS, 2016-2019 (IN $ MILLION)

TABLE 53: REST OF WORLD GAS ENGINE MARKET, BY REGION, FORECAST YEARS, 2020-2028 (IN $ MILLION)

LIST OF FIGURES

FIGURE 1: PORTER’S FIVE FORCE ANALYSIS

FIGURE 2: KEY INVESTMENT INSIGHTS

FIGURE 3: KEY BUYING IMPACT ANALYSIS

FIGURE 4: OPPORTUNITY MATRIX

FIGURE 5: VENDOR LANDSCAPE

FIGURE 6: VALUE CHAIN ANALYSIS

FIGURE 7: GLOBAL GAS ENGINE MARKET, GROWTH POTENTIAL, BY FUEL TYPE, (IN 2019)

FIGURE 8: GLOBAL GAS ENGINE MARKET, BY NATURAL GAS, 2020-2028 (IN $ MILLION)

FIGURE 9: GLOBAL GAS ENGINE MARKET, BY SPECIAL GAS, 2020-2028 (IN $ MILLION)

FIGURE 10: GLOBAL GAS ENGINE MARKET, BY OTHER FUEL TYPE, 2020-2028 (IN $ MILLION)

FIGURE 11: GLOBAL GAS ENGINE MARKET, GROWTH POTENTIAL, BY POWER, (IN 2019)

FIGURE 12: GLOBAL GAS ENGINE MARKET, BY 0.5 MW-1.0 MW, 2020-2028 (IN $ MILLION)

FIGURE 13: GLOBAL GAS ENGINE MARKET, BY 1.0-2.0 MW, 2020-2028 (IN $ MILLION)

FIGURE 14: GLOBAL GAS ENGINE MARKET, BY 2.0-5.0 MW, 2020-2028 (IN $ MILLION)

FIGURE 15: GLOBAL GAS ENGINE MARKET, BY 5.0 MW-10.0 MW, 2020-2028 (IN $ MILLION)

FIGURE 16: GLOBAL GAS ENGINE MARKET, BY 10.0 MW-20.0 MW, 2020-2028 (IN $ MILLION)

FIGURE 17: GLOBAL GAS ENGINE MARKET, GROWTH POTENTIAL, BY APPLICATION, (IN 2019)

FIGURE 18: GLOBAL GAS ENGINE MARKET, BY POWER GENERATION, 2020-2028 (IN $ MILLION)

FIGURE 19: GLOBAL GAS ENGINE MARKET, BY CO-GENERATION, 2020-2028 (IN $ MILLION)

FIGURE 20: GLOBAL GAS ENGINE MARKET, BY OTHER APPLICATIONS, 2020-2028 (IN $ MILLION)

FIGURE 21: GLOBAL GAS ENGINE MARKET, GROWTH POTENTIAL, BY END USER, (IN 2019)

FIGURE 22: GLOBAL GAS ENGINE MARKET, BY UTILITIES, 2020-2028 (IN $ MILLION)

FIGURE 23: GLOBAL GAS ENGINE MARKET, BY MANUFACTURING, 2020-2028 (IN $ MILLION)

FIGURE 24: GLOBAL GAS ENGINE MARKET, BY OIL & GAS, 2020-2028 (IN $ MILLION)

FIGURE 25: GLOBAL GAS ENGINE MARKET, BY TRANSPORTATION, 2020-2028 (IN $ MILLION)

FIGURE 26: GLOBAL GAS ENGINE MARKET, BY OTHER END USERS, 2020-2028 (IN $ MILLION)

FIGURE 27: NORTH AMERICA GAS ENGINE MARKET, REGIONAL OUTLOOK, 2019 & 2028 (IN %)

FIGURE 28: UNITED STATES GAS ENGINE MARKET, 2020-2028 (IN $ MILLION)

FIGURE 29: CANADA GAS ENGINE MARKET, 2020-2028 (IN $ MILLION)

FIGURE 30: EUROPE GAS ENGINE MARKET, REGIONAL OUTLOOK, 2019 & 2028 (IN %)

FIGURE 31: UNITED KINGDOM GAS ENGINE MARKET, 2020-2028 (IN $ MILLION)

FIGURE 32: GERMANY GAS ENGINE MARKET, 2020-2028 (IN $ MILLION)

FIGURE 33: FRANCE GAS ENGINE MARKET, 2020-2028 (IN $ MILLION)

FIGURE 34: ITALY GAS ENGINE MARKET, 2020-2028 (IN $ MILLION)

FIGURE 35: RUSSIA GAS ENGINE MARKET, 2020-2028 (IN $ MILLION)

FIGURE 36: BELGIUM GAS ENGINE MARKET, 2020-2028 (IN $ MILLION)

FIGURE 37: POLAND GAS ENGINE MARKET, 2020-2028 (IN $ MILLION)

FIGURE 38: REST OF EUROPE GAS ENGINE MARKET, 2020-2028 (IN $ MILLION)

FIGURE 39: ASIA PACIFIC GAS ENGINE MARKET, REGIONAL OUTLOOK, 2019 & 2028 (IN %)

FIGURE 40: CHINA GAS ENGINE MARKET, 2020-2028 (IN $ MILLION)

FIGURE 41: JAPAN GAS ENGINE MARKET, 2020-2028 (IN $ MILLION)

FIGURE 42: INDIA GAS ENGINE MARKET, 2020-2028 (IN $ MILLION)

FIGURE 43: SOUTH KOREA GAS ENGINE MARKET, 2020-2028 (IN $ MILLION)

FIGURE 44: THAILAND GAS ENGINE MARKET, 2020-2028 (IN $ MILLION)

FIGURE 45: INDONESIA GAS ENGINE MARKET, 2020-2028 (IN $ MILLION)

FIGURE 46: VIETNAM GAS ENGINE MARKET, 2020-2028 (IN $ MILLION)

FIGURE 47: AUSTRALIA & NEW ZEALAND GAS ENGINE MARKET, 2020-2028 (IN $ MILLION)

FIGURE 48: REST OF ASIA PACIFIC GAS ENGINE MARKET, 2020-2028 (IN $ MILLION)

FIGURE 49: REST OF WORLD GAS ENGINE MARKET, REGIONAL OUTLOOK, 2019 & 2028 (IN %)

FIGURE 50: LATIN AMERICA GAS ENGINE MARKET, 2020-2028 (IN $ MILLION)

FIGURE 51: MIDDLE EAST & AFRICA GAS ENGINE MARKET, 2020-2028 (IN $ MILLION)

  1. MARKET BY FUEL TYPE
    • NATURAL GAS
    • SPECIAL GAS
    • OTHER GAS
  2. MARKET BY POWER
    • 5 MW-1.0 MW
    • 0-2.0 MW
    • 0-5.0 MW
    • 0 MW-10.0 MW
    • 0 MW-20.0 MW
  3. MARKET BY APPLICATION
    • POWER GENERATION
    • CO-GENERATION
    • OTHER APPLICATIONS
  4. MARKET BY END USER
    • UTILITIES
    • MANUFACTURING
    • OIL & GAS
    • TRANSPORTATION
    • OTHERS
  5. GEOGRAPHICAL ANALYSIS
    • NORTH AMERICA
      • UNITED STATES
      • CANADA
    • EUROPE
      • UNITED KINGDOM
      • GERMANY
      • FRANCE
      • ITALY
      • RUSSIA
      • BELGIUM
      • POLAND
      • REST OF EUROPE
    • ASIA PACIFIC
      • CHINA
      • JAPAN
      • INDIA
      • SOUTH KOREA
      • THAILAND
      • INDONESIA
      • VIETNAM
      • AUSTRALIA & NEW ZEALAND
      • REST OF ASIA PACIFIC
    • REST OF WORLD
      • LATIN AMERICA
      • MIDDLE EAST & AFRICA

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