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Global Natural Gas Engines Market Research Report 2025
Synopsis
A natural gas engine is an internal combustion engine which runs on natural gas fuel.
The global Natural Gas Engines market was valued at US$ 366.2 million in 2023 and is anticipated to reach US$ 631.9 million by 2030, witnessing a CAGR of 8.1% during the forecast period 2024-2030.
North American market for Natural Gas Engines is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
Asia-Pacific market for Natural Gas Engines is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
The major global manufacturers of Natural Gas Engines include Cummins, Cummins Westport, Westport Power, Weichai Westport (WWI), Caterpillar, General Electric and Siemens, etc. In 2023, the world's top three vendors accounted for approximately % of the revenue.
This report aims to provide a comprehensive presentation of the global market for Natural Gas Engines, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Natural Gas Engines.
Report Scope
The Natural Gas Engines market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Natural Gas Engines market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Natural Gas Engines manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Cummins
Cummins Westport
Westport Power
Weichai Westport (WWI)
Caterpillar
General Electric
Siemens
Segment by Type
External-mix Natural Gas Engine
Internal-mix Natural Gas Engine
Segment by Application
Automotive
Construction
Agriculture
Industrial
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Natural Gas Engines manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Natural Gas Engines by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Natural Gas Engines in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
A natural gas engine is an internal combustion engine which runs on natural gas fuel.
The global Natural Gas Engines market was valued at US$ 366.2 million in 2023 and is anticipated to reach US$ 631.9 million by 2030, witnessing a CAGR of 8.1% during the forecast period 2024-2030.
North American market for Natural Gas Engines is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
Asia-Pacific market for Natural Gas Engines is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
The major global manufacturers of Natural Gas Engines include Cummins, Cummins Westport, Westport Power, Weichai Westport (WWI), Caterpillar, General Electric and Siemens, etc. In 2023, the world's top three vendors accounted for approximately % of the revenue.
This report aims to provide a comprehensive presentation of the global market for Natural Gas Engines, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Natural Gas Engines.
Report Scope
The Natural Gas Engines market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Natural Gas Engines market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Natural Gas Engines manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Cummins
Cummins Westport
Westport Power
Weichai Westport (WWI)
Caterpillar
General Electric
Siemens
Segment by Type
External-mix Natural Gas Engine
Internal-mix Natural Gas Engine
Segment by Application
Automotive
Construction
Agriculture
Industrial
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Natural Gas Engines manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Natural Gas Engines by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Natural Gas Engines in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
Index1 Natural Gas Engines Market Overview
1.1 Product Definition
1.2 Natural Gas Engines Segment by Type
1.2.1 Global Natural Gas Engines Market Value Growth Rate Analysis by Type 2023 VS 2030
1.2.2 External-mix Natural Gas Engine
1.2.3 Internal-mix Natural Gas Engine
1.3 Natural Gas Engines Segment by Application
1.3.1 Global Natural Gas Engines Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Automotive
1.3.3 Construction
1.3.4 Agriculture
1.3.5 Industrial
1.4 Global Market Growth Prospects
1.4.1 Global Natural Gas Engines Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global Natural Gas Engines Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global Natural Gas Engines Production Estimates and Forecasts (2019-2030)
1.4.4 Global Natural Gas Engines Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Natural Gas Engines Production Market Share by Manufacturers (2019-2024)
2.2 Global Natural Gas Engines Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of Natural Gas Engines, Industry Ranking, 2022 VS 2023 VS 2024
2.4 Global Natural Gas Engines Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Natural Gas Engines Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of Natural Gas Engines, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Natural Gas Engines, Product Offered and Application
2.8 Global Key Manufacturers of Natural Gas Engines, Date of Enter into This Industry
2.9 Natural Gas Engines Market Competitive Situation and Trends
2.9.1 Natural Gas Engines Market Concentration Rate
2.9.2 Global 5 and 10 Largest Natural Gas Engines Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Natural Gas Engines Production by Region
3.1 Global Natural Gas Engines Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global Natural Gas Engines Production Value by Region (2019-2030)
3.2.1 Global Natural Gas Engines Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of Natural Gas Engines by Region (2025-2030)
3.3 Global Natural Gas Engines Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global Natural Gas Engines Production by Region (2019-2030)
3.4.1 Global Natural Gas Engines Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of Natural Gas Engines by Region (2025-2030)
3.5 Global Natural Gas Engines Market Price Analysis by Region (2019-2024)
3.6 Global Natural Gas Engines Production and Value, Year-over-Year Growth
3.6.1 North America Natural Gas Engines Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe Natural Gas Engines Production Value Estimates and Forecasts (2019-2030)
3.6.3 China Natural Gas Engines Production Value Estimates and Forecasts (2019-2030)
3.6.4 Japan Natural Gas Engines Production Value Estimates and Forecasts (2019-2030)
4 Natural Gas Engines Consumption by Region
4.1 Global Natural Gas Engines Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global Natural Gas Engines Consumption by Region (2019-2030)
4.2.1 Global Natural Gas Engines Consumption by Region (2019-2024)
4.2.2 Global Natural Gas Engines Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America Natural Gas Engines Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America Natural Gas Engines Consumption by Country (2019-2030)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Natural Gas Engines Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe Natural Gas Engines Consumption by Country (2019-2030)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Natural Gas Engines Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific Natural Gas Engines Consumption by Region (2019-2030)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Natural Gas Engines Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa Natural Gas Engines Consumption by Country (2019-2030)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global Natural Gas Engines Production by Type (2019-2030)
5.1.1 Global Natural Gas Engines Production by Type (2019-2024)
5.1.2 Global Natural Gas Engines Production by Type (2025-2030)
5.1.3 Global Natural Gas Engines Production Market Share by Type (2019-2030)
5.2 Global Natural Gas Engines Production Value by Type (2019-2030)
5.2.1 Global Natural Gas Engines Production Value by Type (2019-2024)
5.2.2 Global Natural Gas Engines Production Value by Type (2025-2030)
5.2.3 Global Natural Gas Engines Production Value Market Share by Type (2019-2030)
5.3 Global Natural Gas Engines Price by Type (2019-2030)
6 Segment by Application
6.1 Global Natural Gas Engines Production by Application (2019-2030)
6.1.1 Global Natural Gas Engines Production by Application (2019-2024)
6.1.2 Global Natural Gas Engines Production by Application (2025-2030)
6.1.3 Global Natural Gas Engines Production Market Share by Application (2019-2030)
6.2 Global Natural Gas Engines Production Value by Application (2019-2030)
6.2.1 Global Natural Gas Engines Production Value by Application (2019-2024)
6.2.2 Global Natural Gas Engines Production Value by Application (2025-2030)
6.2.3 Global Natural Gas Engines Production Value Market Share by Application (2019-2030)
6.3 Global Natural Gas Engines Price by Application (2019-2030)
7 Key Companies Profiled
7.1 Cummins
7.1.1 Cummins Natural Gas Engines Corporation Information
7.1.2 Cummins Natural Gas Engines Product Portfolio
7.1.3 Cummins Natural Gas Engines Production, Value, Price and Gross Margin (2019-2024)
7.1.4 Cummins Main Business and Markets Served
7.1.5 Cummins Recent Developments/Updates
7.2 Cummins Westport
7.2.1 Cummins Westport Natural Gas Engines Corporation Information
7.2.2 Cummins Westport Natural Gas Engines Product Portfolio
7.2.3 Cummins Westport Natural Gas Engines Production, Value, Price and Gross Margin (2019-2024)
7.2.4 Cummins Westport Main Business and Markets Served
7.2.5 Cummins Westport Recent Developments/Updates
7.3 Westport Power
7.3.1 Westport Power Natural Gas Engines Corporation Information
7.3.2 Westport Power Natural Gas Engines Product Portfolio
7.3.3 Westport Power Natural Gas Engines Production, Value, Price and Gross Margin (2019-2024)
7.3.4 Westport Power Main Business and Markets Served
7.3.5 Westport Power Recent Developments/Updates
7.4 Weichai Westport (WWI)
7.4.1 Weichai Westport (WWI) Natural Gas Engines Corporation Information
7.4.2 Weichai Westport (WWI) Natural Gas Engines Product Portfolio
7.4.3 Weichai Westport (WWI) Natural Gas Engines Production, Value, Price and Gross Margin (2019-2024)
7.4.4 Weichai Westport (WWI) Main Business and Markets Served
7.4.5 Weichai Westport (WWI) Recent Developments/Updates
7.5 Caterpillar
7.5.1 Caterpillar Natural Gas Engines Corporation Information
7.5.2 Caterpillar Natural Gas Engines Product Portfolio
7.5.3 Caterpillar Natural Gas Engines Production, Value, Price and Gross Margin (2019-2024)
7.5.4 Caterpillar Main Business and Markets Served
7.5.5 Caterpillar Recent Developments/Updates
7.6 General Electric
7.6.1 General Electric Natural Gas Engines Corporation Information
7.6.2 General Electric Natural Gas Engines Product Portfolio
7.6.3 General Electric Natural Gas Engines Production, Value, Price and Gross Margin (2019-2024)
7.6.4 General Electric Main Business and Markets Served
7.6.5 General Electric Recent Developments/Updates
7.7 Siemens
7.7.1 Siemens Natural Gas Engines Corporation Information
7.7.2 Siemens Natural Gas Engines Product Portfolio
7.7.3 Siemens Natural Gas Engines Production, Value, Price and Gross Margin (2019-2024)
7.7.4 Siemens Main Business and Markets Served
7.7.5 Siemens Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Natural Gas Engines Industry Chain Analysis
8.2 Natural Gas Engines Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Natural Gas Engines Production Mode & Process
8.4 Natural Gas Engines Sales and Marketing
8.4.1 Natural Gas Engines Sales Channels
8.4.2 Natural Gas Engines Distributors
8.5 Natural Gas Engines Customers
9 Natural Gas Engines Market Dynamics
9.1 Natural Gas Engines Industry Trends
9.2 Natural Gas Engines Market Drivers
9.3 Natural Gas Engines Market Challenges
9.4 Natural Gas Engines Market Restraints
10 Research Finding and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
Published By : QY Research
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