Latest research from Delta Energy and Environment (Delta-ee) shows that the global market for reciprocating gas engines used within stationary power applications is set for strong growth over the next five years. Research from Delta-ee’s Distributed Power Service 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%.
John Murray, Senior Analyst at Delta-ee comments:
“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. EndsAbout Delta-ee
Delta-ee is a research and consulting company specialising in low carbon heat and distributed energy. The Distributed Power Service covers global markets and provides in-depth market insight to help you grow your business in an increasingly dynamic energy sector. We have designed this service to be as accessible and relevant as possible with Market Intelligence updates regularly sent to subscribers, covering policy updates, product developments, energy price movements, and more. In-depth country reports are published throughout the year alongside segmented sales data and future projections to 2020.
For more information visit our website at www.delta-ee.com.
Jan Hughes – [email protected]
Tel: 0131 625 1011