Market By Fuel Type, Power, Application, End-user, And Geography | Forecast 2019-2027
According to a Triton research report, the Latin America gas engine market would proliferate at a CAGR of 6.43% over the forecast period of 2019-2027.
The countries reviewed in the report on Latin America’s gas engine market are:
• Brazil
• Mexico
• Rest of Latin America
The abundance of natural gas resources, as well as the several energy reforms, have fueled the demand for the gas engine market in Mexico, thereby, leading to its growth. In 2017, 58% of the total electricity was generated using natural gas. Energy reforms were introduced in the country in 2013-2014, that transformed Mexico’s natural gas industry and boosted the growth of the gas engine market.
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Data from the National Hydrocarbons Commission (CNH) suggests that 61% of the total energy consumed (for purposes such as household, transport, and commercial use), was generated from the natural gas imported into the country. It has been estimated that, by 2021, Mexico would generate 35% of its power from renewable energy sources, three years before the set target of 2004. Energy reforms in the country helped devise transition strategies for the efficient use of renewable sources and clean technologies. The country intends to generate 50% of its power using renewable energy sources, by the year 2050.
In addition, the Government of Mexico has been providing incentives to the public as well as vehicle service providers, to promote the adoption of electric vehicles, as this would lead to a decrease in the pollution levels. The year 2017 saw an increase of 67.3% (on a y-o-y basis) in the sales of electric vehicles sold in the country.
Cummins Inc., is involved in designing, manufacturing, and distributing diesel & natural gas engines and engine-related component products across the world. It operates through four primary business verticals: Engine, Components, Distribution, and Power Systems. The company has been making sustainable progress in this field and has excelled for more than 90 years. It operates across the regions of Latin America, Asia-Pacific, Europe, North America, and the Middle East.
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VIEW REPORT1. LATIN
AMERICA GAS ENGINE MARKET – SUMMARY
2. INDUSTRY
OUTLOOK
2.1. MARKET
DEFINITION
2.2. KEY
INSIGHTS
2.2.1. ADVENT
OF DUAL FUEL ENGINES
2.2.2. CONSUMPTION
OF ALTERNATE GASES AS FUELS
2.3. PORTER’S
FIVE FORCES ANALYSIS
2.3.1. THREAT
OF NEW ENTRANTS
2.3.2. THREAT
OF SUBSTITUTE
2.3.3. BARGAINING
POWER OF SUPPLIERS
2.3.4. BARGAINING
POWER OF BUYERS
2.3.5. THREAT
OF COMPETITIVE RIVALRY
2.4. KEY
IMPACT ANALYSIS
2.4.1. COST
2.4.2. EFFICIENCY
2.4.3. EMISSION
2.4.4. MAINTENANCE
2.4.5. FLEXIBILITY
2.5. MARKET
ATTRACTIVENESS INDEX
2.6. VENDOR
SCORECARD
2.7. REGULATORY
FRAMEWORK
2.8. MARKET
DRIVERS
2.8.1. DECREASE
IN GAS PRICES
2.8.2. GROWING
ELECTRICITY DEMAND WORLDWIDE
2.8.3. SURGE
IN ECOLOGICAL CONCERNS
2.8.4. INDUSTRIAL
EXPANSION LEADING TO ENVIRONMENTAL POWER GENERATION
2.9. MARKET
RESTRAINTS
2.9.1. ABNORMALITIES
IN NATURAL GAS RESERVES & PROVISIONS DUE TO REGIONAL INSTABILITY
2.9.2. RISE
IN SAFETY CONCERNS
2.9.3. PRICE
DISPARITY AMONG FUELS
2.10. MARKET
OPPORTUNITIES
2.10.1.
EMERGENT INCLINATION TOWARDS
DISTRIBUTED POWER GENERATION
2.10.2.
ADVENT OF GAS-FIRED POWER
PLANTS
2.11. MARKET
CHALLENGES
2.11.1.
DIMINISHING NATURAL GAS
RESERVES
2.11.2.
FIRM REGULATIONS LEVIED BY
AUTHORITIES
3. LATIN
AMERICA GAS ENGINE MARKET OUTLOOK – BY FUEL TYPE
3.1. NATURAL
GAS
3.2. SPECIAL
GAS
3.3. OTHER
GAS
4. LATIN
AMERICA GAS ENGINE MARKET OUTLOOK – BY POWER
4.1. 0.5
MW-1.0 MW
4.2. 1.0-2.0
MW
4.3. 2.0-5.0
MW
4.4. 5.0
MW-10.0 MW
4.5. 10.0
MW-20.0 MW
5. LATIN
AMERICA GAS ENGINE MARKET OUTLOOK – BY APPLICATION
5.1. POWER
GENERATION
5.2. CO-GENERATION
5.3. OTHER
APPLICATIONS
6. LATIN
AMERICA GAS ENGINE MARKET OUTLOOK – BY END-USER
6.1. UTILITIES
6.2. MANUFACTURING
6.3. OIL
& GAS
6.4. TRANSPORTATION
6.5. OTHER
END-USERS
7. LATIN
AMERICA GAS ENGINE MARKET – REGIONAL OUTLOOK
7.1. BRAZIL
7.2. MEXICO
7.3. REST
OF LATIN AMERICA
8. COMPETITIVE
LANDSCAPE
8.1. 3W-INTERNATIONAL
GMBH
8.2. CATERPILLAR
INC.
8.3. CUMMINS INC.
8.4. CHINA
YUCHAI INTERNATIONAL LTD.
8.5. CLARKE
ENERGY
8.6. DEUTZ
AG
8.7. DRESSER-RAND
GROUP INC.
8.8. DOOSAN
INFRACORE CO. LTD.
8.9. FAIRBANKS
MORSE ENGINE
8.10. GENERAL
ELECTRIC COMPANY (INNIO)
8.11. HYUNDAI
HEAVY INDUSTRIES CO. LTD.
8.12. IHI
CORPORATION
8.13. KAWASAKI
HEAVY INDUSTRIES LTD.
8.14. MAN
SE
8.15. MITSUBISHI
HEAVY INDUSTRIES LTD.
8.16. WÄRTSILÄ
9. METHODOLOGY
& SCOPE
9.1. RESEARCH
SCOPE
9.2. SOURCES
OF DATA
9.3. RESEARCH
METHODOLOGY
TABLE 1: LATIN AMERICA
GAS ENGINE MARKET, BY COUNTRY, 2019-2027 (IN $ MILLION)
TABLE 2: VENDOR
SCORECARD
TABLE 3: REGULATORY
FRAMEWORK
TABLE 4: NATURAL GAS
PRICES (DOLLARS PER THOUSAND CUBIC FEET)
TABLE 5: COMPARISON OF
CARBON DIOXIDE EMISSION LEVELS FOR DIFFERENT FUELS (1990-2040) (MILLION METRIC
TONS)
TABLE 6: LATIN AMERICA
GAS ENGINE MARKET, BY COUNTRY, 2019-2027 (IN $ MILLION)
TABLE 7: LATIN AMERICA
GAS ENGINE MARKET, BY FUEL TYPE, 2019-2027 (IN $ MILLION)
TABLE 8: LATIN AMERICA
GAS ENGINE MARKET, BY POWER, 2019-2027 (IN $ MILLION)
TABLE 9: LATIN AMERICA
GAS ENGINE MARKET, BY APPLICATION, 2019-2027 (IN $ MILLION)
TABLE 10: LATIN AMERICA
GAS ENGINE MARKET, BY END-USER, 2019-2027 (IN $ MILLION)
TABLE 11: LATIN AMERICA
GAS ENGINE MARKET, BY COUNTRY, 2019-2027 (IN $ MILLION)
FIGURE 1: LATIN AMERICA
GAS ENGINE MARKET, BY FUEL TYPE, 2018 & 2027 (IN %)
FIGURE 2: PORTER’S FIVE
FORCES ANALYSIS
FIGURE 3: KEY BUYING
IMPACT ANALYSIS
FIGURE 4: MARKET
ATTRACTIVENESS INDEX
FIGURE 5: LATIN AMERICA
GAS ENGINE MARKET, BY NATURAL GAS, 2019-2027 (IN $ MILLION)
FIGURE 6: LATIN AMERICA
GAS ENGINE MARKET, BY SPECIAL GAS, 2019-2027 (IN $ MILLION)
FIGURE 7: LATIN AMERICA
GAS ENGINE MARKET, BY OTHER GAS, 2019-2027 (IN $ MILLION)
FIGURE 8: LATIN AMERICA
GAS ENGINE MARKET, BY 0.5 MW-1.0 MW, 2019-2027 (IN $ MILLION)
FIGURE 9: LATIN AMERICA
GAS ENGINE MARKET, BY 1.0-2.0 MW, 2019-2027 (IN $ MILLION)
FIGURE 10: LATIN
AMERICA GAS ENGINE MARKET, BY 2.0-5.0 MW, 2019-2027 (IN $ MILLION)
FIGURE 11: LATIN
AMERICA GAS ENGINE MARKET, BY 5.0 MW-10.0 MW, 2019-2027 (IN $ MILLION)
FIGURE 12: LATIN
AMERICA GAS ENGINE MARKET, BY 10.0 MW-20.0 MW, 2019-2027 (IN $ MILLION)
FIGURE 13: LATIN
AMERICA GAS ENGINE MARKET, BY POWER GENERATION, 2019-2027 (IN $ MILLION)
FIGURE 14: LATIN
AMERICA GAS ENGINE MARKET, BY CO-GENERATION, 2019-2027 (IN $ MILLION)
FIGURE 15: LATIN
AMERICA GAS ENGINE MARKET, BY OTHER APPLICATIONS, 2019-2027 (IN $ MILLION)
FIGURE 16: LATIN
AMERICA GAS ENGINE MARKET, BY UTILITIES, 2019-2027 (IN $ MILLION)
FIGURE 17: LATIN
AMERICA GAS ENGINE MARKET, BY MANUFACTURING, 2019-2027 (IN $ MILLION)
FIGURE 18: LATIN
AMERICA GAS ENGINE MARKET, BY OIL & GAS, 2019-2027 (IN $ MILLION)
FIGURE 19: LATIN AMERICA
GAS ENGINE MARKET, BY TRANSPORTATION, 2019-2027 (IN $ MILLION)
FIGURE 20: LATIN
AMERICA GAS ENGINE MARKET, BY OTHER END-USERS, 2019-2027 (IN $ MILLION)
FIGURE 21: LATIN
AMERICA GAS ENGINE MARKET, REGIONAL OUTLOOK, 2018 & 2027 (IN %)
FIGURE 22: LATIN
AMERICA GAS ENGINE MARKET, 2019-2027 (IN $ MILLION)
FIGURE 23: BRAZIL GAS
ENGINE MARKET, 2019-2027 (IN $ MILLION)
FIGURE 24: MEXICO GAS
ENGINE MARKET, 2019-2027 (IN $ MILLION)
FIGURE 25: REST OF
LATIN AMERICA GAS ENGINE MARKET, 2019-2027 (IN $ MILLION)