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Global gas engine market to grow over 50% by 2020

The latest report from the Distributed Power Service shows that the global market for reciprocating gas engines used within stationary power applications is set for strong growth over the next five years. Our Global Gas Engine Statistics Report forecasts that for gas engines sized 400 kWe and above, the market will increase from 4.6 GWe in 2014 to 7.0 GWe by 2020, at a compound annual growth rate of over 7%.

DPSGraph2
Falling oil and gas prices help, but global economic expansion and ‘green’ drivers underpin our forecast for global gas engine sales. Our research has identified very different drivers and trends in key markets such as Germany, UK, USA, Brazil, Japan and China.

Throughout 2014 we have been researching in great detail the major global and emerging markets for gas engines. We found that nine countries make up more than half of the world’s gas engine market – these countries have been the focus of our research. 

Delta-ee’s Global Gas Engine Statistics Report details the key market drivers which are set to stimulate this growth, and provides detailed segmentation of sales data and forecasts, broken down by 6 global regions, 9 countries, and 6 size bands. For more information on our report, download this free Whitepaper, or contact John Murray at [email protected].
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Monday, 19 August 2019

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