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Natural Gas Engines-Global Market Insights and Sales Trends 2025
Synopsis
A natural gas engine is an internal combustion engine which runs on natural gas fuel.
The global Natural Gas Engines market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Natural Gas Engines in various end use industries. The expanding demands from the Automotive, Construction, Agriculture and Industrial, are propelling Natural Gas Engines market. External-mix Natural Gas Engine, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Internal-mix Natural Gas Engine segment is estimated at % CAGR for the next seven-year period.
Asia Pacific shows high growth potential for Natural Gas Engines market, driven by demand from China, the second largest economy with some signs of stabilising, the Natural Gas Engines market in China is forecast to reach US$ million by 2029, trailing a CAGR of % over the 2023-2029 period, while the U.S. market will reach US$ million by 2029, exhibiting a CAGR of % during the same period.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Natural Gas Engines, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Natural Gas Engines market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Natural Gas Engines market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Natural Gas Engines sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Natural Gas Engines covered in this report include Cummins, Cummins Westport, Westport Power, Weichai Westport (WWI), Caterpillar, General Electric and Siemens, etc.
The global Natural Gas Engines market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Cummins
Cummins Westport
Westport Power
Weichai Westport (WWI)
Caterpillar
General Electric
Siemens
Global Natural Gas Engines market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Natural Gas Engines market, Segment by Type:
External-mix Natural Gas Engine
Internal-mix Natural Gas Engine
Global Natural Gas Engines market, by Application
Automotive
Construction
Agriculture
Industrial
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Natural Gas Engines manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Natural Gas Engines in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. 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 Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
A natural gas engine is an internal combustion engine which runs on natural gas fuel.
The global Natural Gas Engines market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Natural Gas Engines in various end use industries. The expanding demands from the Automotive, Construction, Agriculture and Industrial, are propelling Natural Gas Engines market. External-mix Natural Gas Engine, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Internal-mix Natural Gas Engine segment is estimated at % CAGR for the next seven-year period.
Asia Pacific shows high growth potential for Natural Gas Engines market, driven by demand from China, the second largest economy with some signs of stabilising, the Natural Gas Engines market in China is forecast to reach US$ million by 2029, trailing a CAGR of % over the 2023-2029 period, while the U.S. market will reach US$ million by 2029, exhibiting a CAGR of % during the same period.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Natural Gas Engines, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Natural Gas Engines market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Natural Gas Engines market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Natural Gas Engines sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Natural Gas Engines covered in this report include Cummins, Cummins Westport, Westport Power, Weichai Westport (WWI), Caterpillar, General Electric and Siemens, etc.
The global Natural Gas Engines market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Cummins
Cummins Westport
Westport Power
Weichai Westport (WWI)
Caterpillar
General Electric
Siemens
Global Natural Gas Engines market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Natural Gas Engines market, Segment by Type:
External-mix Natural Gas Engine
Internal-mix Natural Gas Engine
Global Natural Gas Engines market, by Application
Automotive
Construction
Agriculture
Industrial
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Natural Gas Engines manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Natural Gas Engines in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. 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 Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Natural Gas Engines Market Overview
1.1 Natural Gas Engines Product Overview
1.2 Natural Gas Engines Market Segment by Type
1.2.1 External-mix Natural Gas Engine
1.2.2 Internal-mix Natural Gas Engine
1.3 Global Natural Gas Engines Market Size by Type
1.3.1 Global Natural Gas Engines Market Size Overview by Type (2018-2029)
1.3.2 Global Natural Gas Engines Historic Market Size Review by Type (2018-2023)
1.3.3 Global Natural Gas Engines Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Natural Gas Engines Sales Breakdown by Type (2018-2023)
1.4.2 Europe Natural Gas Engines Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Natural Gas Engines Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Natural Gas Engines Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Natural Gas Engines Sales Breakdown by Type (2018-2023)
2 Global Natural Gas Engines Market Competition by Company
2.1 Global Top Players by Natural Gas Engines Sales (2018-2023)
2.2 Global Top Players by Natural Gas Engines Revenue (2018-2023)
2.3 Global Top Players by Natural Gas Engines Price (2018-2023)
2.4 Global Top Manufacturers Natural Gas Engines Manufacturing Base Distribution, Sales Area, Product Type
2.5 Natural Gas Engines Market Competitive Situation and Trends
2.5.1 Natural Gas Engines Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Natural Gas Engines Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Natural Gas Engines as of 2022)
2.7 Date of Key Manufacturers Enter into Natural Gas Engines Market
2.8 Key Manufacturers Natural Gas Engines Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Natural Gas Engines Status and Outlook by Region
3.1 Global Natural Gas Engines Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Natural Gas Engines Historic Market Size by Region
3.2.1 Global Natural Gas Engines Sales in Volume by Region (2018-2023)
3.2.2 Global Natural Gas Engines Sales in Value by Region (2018-2023)
3.2.3 Global Natural Gas Engines Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Natural Gas Engines Forecasted Market Size by Region
3.3.1 Global Natural Gas Engines Sales in Volume by Region (2024-2029)
3.3.2 Global Natural Gas Engines Sales in Value by Region (2024-2029)
3.3.3 Global Natural Gas Engines Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Natural Gas Engines by Application
4.1 Natural Gas Engines Market Segment by Application
4.1.1 Automotive
4.1.2 Construction
4.1.3 Agriculture
4.1.4 Industrial
4.2 Global Natural Gas Engines Market Size by Application
4.2.1 Global Natural Gas Engines Market Size Overview by Application (2018-2029)
4.2.2 Global Natural Gas Engines Historic Market Size Review by Application (2018-2023)
4.2.3 Global Natural Gas Engines Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Natural Gas Engines Sales Breakdown by Application (2018-2023)
4.3.2 Europe Natural Gas Engines Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Natural Gas Engines Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Natural Gas Engines Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Natural Gas Engines Sales Breakdown by Application (2018-2023)
5 North America Natural Gas Engines by Country
5.1 North America Natural Gas Engines Historic Market Size by Country
5.1.1 North America Natural Gas Engines Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Natural Gas Engines Sales in Volume by Country (2018-2023)
5.1.3 North America Natural Gas Engines Sales in Value by Country (2018-2023)
5.2 North America Natural Gas Engines Forecasted Market Size by Country
5.2.1 North America Natural Gas Engines Sales in Volume by Country (2024-2029)
5.2.2 North America Natural Gas Engines Sales in Value by Country (2024-2029)
6 Europe Natural Gas Engines by Country
6.1 Europe Natural Gas Engines Historic Market Size by Country
6.1.1 Europe Natural Gas Engines Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Natural Gas Engines Sales in Volume by Country (2018-2023)
6.1.3 Europe Natural Gas Engines Sales in Value by Country (2018-2023)
6.2 Europe Natural Gas Engines Forecasted Market Size by Country
6.2.1 Europe Natural Gas Engines Sales in Volume by Country (2024-2029)
6.2.2 Europe Natural Gas Engines Sales in Value by Country (2024-2029)
7 Asia-Pacific Natural Gas Engines by Region
7.1 Asia-Pacific Natural Gas Engines Historic Market Size by Region
7.1.1 Asia-Pacific Natural Gas Engines Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Natural Gas Engines Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Natural Gas Engines Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Natural Gas Engines Forecasted Market Size by Region
7.2.1 Asia-Pacific Natural Gas Engines Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Natural Gas Engines Sales in Value by Region (2024-2029)
8 Latin America Natural Gas Engines by Country
8.1 Latin America Natural Gas Engines Historic Market Size by Country
8.1.1 Latin America Natural Gas Engines Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Natural Gas Engines Sales in Volume by Country (2018-2023)
8.1.3 Latin America Natural Gas Engines Sales in Value by Country (2018-2023)
8.2 Latin America Natural Gas Engines Forecasted Market Size by Country
8.2.1 Latin America Natural Gas Engines Sales in Volume by Country (2024-2029)
8.2.2 Latin America Natural Gas Engines Sales in Value by Country (2024-2029)
9 Middle East and Africa Natural Gas Engines by Country
9.1 Middle East and Africa Natural Gas Engines Historic Market Size by Country
9.1.1 Middle East and Africa Natural Gas Engines Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Natural Gas Engines Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Natural Gas Engines Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Natural Gas Engines Forecasted Market Size by Country
9.2.1 Middle East and Africa Natural Gas Engines Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Natural Gas Engines Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Cummins
10.1.1 Cummins Company Information
10.1.2 Cummins Introduction and Business Overview
10.1.3 Cummins Natural Gas Engines Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Cummins Natural Gas Engines Products Offered
10.1.5 Cummins Recent Development
10.2 Cummins Westport
10.2.1 Cummins Westport Company Information
10.2.2 Cummins Westport Introduction and Business Overview
10.2.3 Cummins Westport Natural Gas Engines Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Cummins Westport Natural Gas Engines Products Offered
10.2.5 Cummins Westport Recent Development
10.3 Westport Power
10.3.1 Westport Power Company Information
10.3.2 Westport Power Introduction and Business Overview
10.3.3 Westport Power Natural Gas Engines Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Westport Power Natural Gas Engines Products Offered
10.3.5 Westport Power Recent Development
10.4 Weichai Westport (WWI)
10.4.1 Weichai Westport (WWI) Company Information
10.4.2 Weichai Westport (WWI) Introduction and Business Overview
10.4.3 Weichai Westport (WWI) Natural Gas Engines Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Weichai Westport (WWI) Natural Gas Engines Products Offered
10.4.5 Weichai Westport (WWI) Recent Development
10.5 Caterpillar
10.5.1 Caterpillar Company Information
10.5.2 Caterpillar Introduction and Business Overview
10.5.3 Caterpillar Natural Gas Engines Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Caterpillar Natural Gas Engines Products Offered
10.5.5 Caterpillar Recent Development
10.6 General Electric
10.6.1 General Electric Company Information
10.6.2 General Electric Introduction and Business Overview
10.6.3 General Electric Natural Gas Engines Sales, Revenue and Gross Margin (2018-2023)
10.6.4 General Electric Natural Gas Engines Products Offered
10.6.5 General Electric Recent Development
10.7 Siemens
10.7.1 Siemens Company Information
10.7.2 Siemens Introduction and Business Overview
10.7.3 Siemens Natural Gas Engines Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Siemens Natural Gas Engines Products Offered
10.7.5 Siemens Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Natural Gas Engines Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Natural Gas Engines Industrial Chain Analysis
11.4 Natural Gas Engines Market Dynamics
11.4.1 Natural Gas Engines Industry Trends
11.4.2 Natural Gas Engines Market Drivers
11.4.3 Natural Gas Engines Market Challenges
11.4.4 Natural Gas Engines Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Natural Gas Engines Distributors
12.3 Natural Gas Engines Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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