India natural gas engines market is expected to register a healthy CAGR in the forecast period 2018 to 2025. The new market report contains data for historic year 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025. Prominent factors driving the growth of this market consist of growing globalization and urbanization have increased the demand of electricity, increasing demand of clean and efficient technology for power generation and target for the reduction of carbon emission.
The India natural gas engines market segmented based on engines family into spark ignited engines, dual fuel type engine and high pressure direct injection. In 2018, spark ignited engines segment is valued to rule with the highest market share 2025.
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COVID-19 Impact
In 2019, the COVID-19 epidemic swept the globe. It brought everything to a halt. It had an impact on the entire world economy. Moreover, a great number of people have also perished. In total, 5,091,465 fatalities and 252,297,094 cases of COVID-19 have been reported worldwide. A majority of the nations on earth were affected by the pandemic. The pandemic brought some kind of loss in the majority of industries. The epidemic caused a slowdown in the chemical industry as well. According to Statista, the business generated over US$ 3.94 trillion in worldwide sales in 2019. An all-time high of US$5.4 trillion in revenue was produced by the sector in 2014.
The level of rivalry among well-known international corporations has been determined by studying a number of key industries, as well as market competition, market share, current developments in the sector, novel product launches, alliances, mergers, and acquisitions by key corporations.
The key market players for India natural gas engines market are listed below;
GE Power
Cummins Inc.
Siemens AG
Caterpillar
Cooper Corp.
GreenPower
DEUTZ Corporation
LIEBHERR-Components AG
KUBOTA Corporation
Cyra
Tata Motors.
Enerzea Power Solution
The market is further segmented into;
Engine Family
Power output
Application
The India natural gas engines market segmented based on power output, into 15KW- 100 KW, 100 – 399 KW, 400 – 800 KW, 1000 – 2000 KW and 3000-4500KW. In 2018, 15KW- 100 KW segment is valued to rule with the highest market shares by 2025, rising at the highest CAGR.
The India natural gas engines market segmented based on applications, into natural gas gensets, natural gas automotive, decentralized energy generation (district energy systems). In 2018, natural gas gensets segment is valued to rule with highest market shares and rising at the highest CAGR.
Based on country, the market is segmented into;
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Covered in this report
The report covers the present scenario and the growth prospects of the India natural gas engines market for 2018-2025. To calculate the market size, the report considers the revenue generated from the sales of the web conferencing and unified communication and collaboration (UC&C) and video conferencing, secondary resources and doing in-depth company share analysis of major 10 players in the market.
Table of Content:
- Report Overview
- Global Growth Trends
- Competition Landscape by Key Players
- Data Segments
- North America Market Analysis
- Europe Market Analysis
- Asia-Pacific Market Analysis
- Latin America Market Analysis
- Middle East & Africa Market Analysis
- Key Players Profiles Market Analysis
- Analysts Viewpoints/Conclusions
- Appendix
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