Key Findings
The market of North America with regard to the gas engine is estimated to witness a CAGR of 6.48% during the projected period, 2020-2028. The overall increase in the demand for electricity, industrial operations, and raw material usage, are the dominant factors driving the growth of the market in the North American region.

Market Insights
The North American gas engine market is segregated into the US and Canada for further study of the market. In the US, there are huge growth opportunities for gas engine manufacturers in the maritime sector due to the presence of many container vessels, bulk carriers, ferries, and cruise ships, etc. Canada’s market for gas engines will witness steady growth during the forecast period as it is one of the largest producers of natural gas in the world. The Canadian government took the initiative for clean growth and climate change, which includes the expansion of clean energy sources, infrastructure investment, and regulations for natural gas-fired electricity generation. At the same time, factors like increased electricity demands, developing natural gas infrastructure, and decreased natural gas prices, are the factors augmenting the growth of the market in Canada.

Competitive Insights
3W- International GmbH, Caterpillar Inc., Dresser-Rand Group Inc., Fairbanks Morse Engine are some of the key companies in the market.

Our report offerings include:

  • Explore key findings of the overall market
  • Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
  • Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
  • Market Segmentation cater to a thorough assessment of key segments with their market estimations
  • Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
  • Key analytics: Porter’s Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
  • Competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
  • Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments