Global LNG Engine Market Report By Type (Spark-ignited, Diesel-ignited, Direct Gas Injection), By End Use (Marine , Power Generation) And By Regions - Industry Trends, Size, Share, Growth, Estimation and Forecast, 2020-2027

ID:VMR11214802
April 2021
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The global demand for LNG Engine Market is presumed to reach the market size of nearly USD XX MN by 2027 from USD XX MN in 2020 with a CAGR of XX% under the study period of 2021 - 2027. Regarding volume, the market was calculated XX K Units in 2020 and forecast to touch XX K Units by 2027 with a CAGR of XX% during 2021-2027.

LNG engine employs natural gas to convert chemical energy into mechanical energy. The natural gas is stored in a liquid state and is routed to burn in a fuel engine. LNG engines can be categorized based on engine mechanism, including spark-ignited, diesel-ignited, and direct gas injection. LNG engine is gaining traction in the marine and power generation field due to its ability to produce lower levels of toxic emissions and air pollution than equivalent heavy fuel engines. With LNG engine, nitrogen oxides (NOx) emissions are reduced by 40-50%, and particulate matter (PM) emissions are reduced by about 80%.

Market Dynamics

The global LNG engine market is projected to grow at a lucrative rate in the forthcoming years. The low cost of natural gas relative to heavy oil combined with tighter emission regulations and the need to go green drives the demand for LNG engines. LNG engine offers cost-effective propulsion systems that comply with all emission legislation and meet strict safety requirements. LNG engine is becoming an option for end-users to comply with IMO regulation. Over the last few years, LNG-fuelled engines have become popular also in commercial power generation attributed to global energy demand rise and the need to cut CO2 emissions. However, fluctuating LNG prices and availability of other alternative fuel is likely to hinder the market growth.

The report covers Porter’s Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of lng engine. The growth and trends of LNG Engine Industry provide a holistic approach to this study. 

Market Segmentation

This section of the lng engine market report provides detailed data on the segments by analyzing them at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.

By Type

  • Spark-ignited
  • Diesel-ignited
  • Direct Gas Injection

By End Use

  • Marine 
  • Power Generation

Regional Analysis

This section covers the regional outlook, which accentuates current and future demand for the LNG Engine market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.

Global LNG Engine Market Share by Region (Representative Graph)

Global LNG Engine Market Share

 

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The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the lng engine market include Cummins Inc., Fairbanks Morse, Caterpillar, Wärtsilä Corporation, Rolls-Royce plc, MAN Energy Solutions, Anglo Belgian Corporation nv, Mitsubishi Heavy Industries, Ltd., HHI Engine & Machinery, Daihatsu Diesel Mfg. Co., Ltd., Scania. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.

METHODOLOGY:

This market research report has been produced by gathering information based on primary and secondary research. Secondary research has been done using various sources, including (but not limited to) Company Websites, Paid Data Sources, Technical Journals, Financial Reports, SEC Filings, and other different industry publications. Additionally, our team conducts extensive primary research with key industry participants to gather first-hand data. The data is then analyzed and validated by industry experts. 

In case you have any custom requirements, do write to us. Our research team can offer a customized report as per your need.

1 . PREFACE
       1.1. Report Description
           1.1.1. Objective
           1.1.2. Target Audience
           1.1.3. Unique Selling Proposition (USP) & offerings
       1.2. Research Scope
       1.3. Research Methodology
           1.3.1. Market Research Process
           1.3.2. Market Research Methodology
 
2 . EXECUTIVE SUMMARY
       2.1. Highlights of Market
       2.2. Global Market Snapshot
 
3 . LNG ENGINE – INDUSTRY ANALYSIS
       3.1. Introduction - Market Dynamics
       3.2. Market Drivers
       3.3. Market Restraints
       3.4. Opportunities
       3.5. Industry Trends
       3.6. Porter’s Five Force Analysis
       3.7. Market Attractiveness Analysis
           3.7.1 By Type
           3.7.2 By End Use
           3.7.3 By Region
 
4 . VALUE CHAIN ANALYSIS
       4.1. Value Chain Analysis
       4.2. Raw Material Analysis
           4.2.1. List of Raw Materials
           4.2.2. Raw Material Manufactures List
           4.2.3. Price Trend of Key Raw Materials
       4.3. List of Potential Buyers
       4.4. Marketing Channel
           4.4.1. Direct Marketing
           4.4.2. Indirect Marketing
           4.4.3. Marketing Channel Development Trend
 
5 . IMPACT ANALYSIS OF COVID-19 OUTBREAK
       5.1. Impact Analysis of Covid-19 Outbreak
           5.1.1. Direct Impact on Production
           5.1.2. Supply Chain and Market Disruption
           5.1.3. Financial Impact on Firms and Financial Markets
       5.2. COVID-19 Impact Analysis by Production, Import, Export and Demand
       5.3. Market: Pre V/S Post COVID-19
       5.4. Estimated Impact of the Coronavirus (COVID-19) Epidemic
       5.5. COVID-19: Micro and Macro Factor Analysis
 
6 . GLOBAL LNG ENGINE MARKET ANALYSIS BY TYPE
       6.1 Overview by Type
       6.2 Historical and Forecast Data
       6.3 Analysis by Type
       6.4 Spark-ignited Market by Regions
       6.5 Diesel-ignited Market by Regions
       6.6 Direct Gas Injection Market by Regions
 
7 . GLOBAL LNG ENGINE MARKET ANALYSIS BY END USE
       7.1 Overview by End Use
       7.2 Historical and Forecast Data
       7.3 Analysis by End Use
       7.4 Marine  Market by Regions
       7.5 Power Generation Market by Regions
 
8 . GLOBAL LNG ENGINE MARKET ANALYSIS BY GEOGRAPHY
       8.1. Regional Outlook
       8.2. Introduction
       8.3. North America
           8.3.1. Overview, Historic and Forecast Data
           8.3.2. North America By Segment
           8.3.3. North America By Country
           8.3.4. United State
           8.3.5. Canada
           8.3.6. Mexico
       8.4. Europe
           8.4.1. Overview, Historic and Forecast Data
           8.4.2. Europe by Segment
           8.4.3. Europe by Country
           8.4.4. United Kingdom
           8.4.5. France
           8.4.6. Germany
           8.4.7. Italy
           8.4.8. Russia
           8.4.9. Rest Of Europe
       8.5. Asia Pacific
           8.5.1. Overview, Historic and Forecast Data
           8.5.2. Asia Pacific by Segment
           8.5.3. Asia Pacific by Country
           8.5.4. China
           8.5.5. India
           8.5.6. Japan
           8.5.7. South Korea
           8.5.8. Australia
           8.5.9. Rest Of Asia Pacific
       8.6. Latin America
           8.6.1. Overview, Historic and Forecast Data
           8.6.2. Latin America by Segment
           8.6.3. Latin America by Country
           8.6.4. Brazil
           8.6.5. Argentina
           8.6.6. Peru
           8.6.7. Chile
           8.6.8. Rest of Latin America
       8.7. Middle East & Africa
           8.7.1. Overview, Historic and Forecast Data
           8.7.2. Middle East & Africa by Segment
           8.7.3. Middle East & Africa by Country
           8.7.4. Saudi Arabia
           8.7.5. UAE
           8.7.6. Israel
           8.7.7. South Africa
           8.7.8. Rest Of Middle East And Africa
 
9 . COMPETITIVE LANDSCAPE OF THE LNG ENGINE COMPANIES
       9.1. LNG Engine Market Competition
       9.2. Partnership/Collaboration/Agreement
       9.3. Merger And Acquisitions
       9.4. New Product Launch
       9.5. Other Developments
 
10 . COMPANY PROFILES OF LNG ENGINE INDUSTRY
       10.1. Company Share Analysis
       10.2. Market Concentration Rate
       10.3. Cummins Inc.
           10.3.1. Company Overview
           10.3.2. Financials
           10.3.3. Products
           10.3.4. Recent Developments
       10.4. Fairbanks Morse
           10.4.1. Company Overview
           10.4.2. Financials
           10.4.3. Products
           10.4.4. Recent Developments
       10.5. Caterpillar
           10.5.1. Company Overview
           10.5.2. Financials
           10.5.3. Products
           10.5.4. Recent Developments
       10.6. Wärtsilä Corporation
           10.6.1. Company Overview
           10.6.2. Financials
           10.6.3. Products
           10.6.4. Recent Developments
       10.7. Rolls-Royce plc
           10.7.1. Company Overview
           10.7.2. Financials
           10.7.3. Products
           10.7.4. Recent Developments
       10.8. MAN Energy Solutions
           10.8.1. Company Overview
           10.8.2. Financials
           10.8.3. Products
           10.8.4. Recent Developments
       10.9. Anglo Belgian Corporation NV
           10.9.1. Company Overview
           10.9.2. Financials
           10.9.3. Products
           10.9.4. Recent Developments
       10.10. Mitsubishi Heavy Industries, Ltd.
           10.10.1. Company Overview
           10.10.2. Financials
           10.10.3. Products
           10.10.4. Recent Developments
       10.11. HHI Engine & Machinery
           10.11.1. Company Overview
           10.11.2. Financials
           10.11.3. Products
           10.11.4. Recent Developments
       10.12. Daihatsu Diesel Mfg. Co., Ltd.
           10.12.1. Company Overview
           10.12.2. Financials
           10.12.3. Products
           10.12.4. Recent Developments
       10.13. Scania
           10.13.1. Company Overview
           10.13.2. Financials
           10.13.3. Products
           10.13.4. Recent Developments
 
 *Note - in company profiling, financial details and recent development are subject to availability or might not be covered in case of private companies
 
LIST OF TABLES

  • Market Snapshot
  • Drivers : Impact Analysis
  • Restraints : Impact Analysis
  • List of Raw Material
  • List of Raw Material Manufactures
  • List of Potential Buyers
  • COVID-19 Impact Analysis by Production, Import, Export and Demand
  • Pre V/S Post COVID-19
  • Estimated Impact Of The Coronavirus (Covid-19) Epidemic
  • COVID-19: Micro and Macro Factor Analysis
  • Analysis by Type (K Units and USD MN)
  • Spark-ignited Market by Geography (K Units and USD MN)
  • Diesel-ignited Market by Geography (K Units and USD MN)
  • Direct Gas Injection Market by Geography (K Units and USD MN)
  • Analysis Market by End Use (K Units and USD MN)
  • Marine  Market by Geography (K Units and USD MN)
  • Power Generation Market by Geography (K Units and USD MN)
  • Global LNG Engine Market by Geography (K Units and USD MN)
  • North America Market Analysis (K Units and USD MN)
  • United State Market Analysis (K Units and USD MN)
  • Canada Market Analysis (K Units and USD MN)
  • Mexico Market Analysis (K Units and USD MN)
  • Europe Market Analysis (K Units and USD MN)
  • Europe Market Estimate by Country (K Units and USD MN)
  • United Kingdom Market Analysis (K Units and USD MN)
  • France Market Analysis (K Units and USD MN)
  • Germany Market Analysis (K Units and USD MN)
  • Italy Market Analysis (K Units and USD MN)
  • Russia Market Analysis (K Units and USD MN)
  • Spain Market Analysis (K Units and USD MN)
  • Rest of Europe Market Analysis (K Units and USD MN)
  • Asia Pacific Market Analysis (K Units and USD MN)
  • China Market Analysis (K Units and USD MN)
  • Japan Market Analysis (K Units and USD MN)
  • India Market Analysis (K Units and USD MN)
  • South Korea Market Analysis (K Units and USD MN)
  • Australia Market Analysis (K Units and USD MN)
  • Rest of Asia Pacific Market Analysis (K Units and USD MN)
  • Latin America Market Analysis (K Units and USD MN)
  • Brazil Market Analysis (K Units and USD MN)
  • Argentina Market Analysis (K Units and USD MN)
  • Peru Market Analysis (K Units and USD MN)
  • Chile Market Analysis (K Units and USD MN)
  • Rest of Latin America Market Analysis (K Units and USD MN)
  • Middle East & Africa Market Analysis (K Units and USD MN)
  • Saudi Arabia Market Analysis (K Units and USD MN)
  • UAE Market Analysis (K Units and USD MN)
  • Israel Market Analysis (K Units and USD MN)
  • South Africa Market Analysis (K Units and USD MN)
  • Rest of Middle East and Africa Market Analysis (K Units and USD MN)
  • Partnership/Collaboration/Agreement
  • Mergers And Acquisiton

 
LIST OF FIGURES
 

  • Research Scope of LNG Engine Report
  • Market Research Process
  • Market Research Methodology
  • Global LNG Engine Market Size, by Region (K Units and USD MN)
  • Porters Five Forces Analysis
  • Market Attractiveness Analysis by Type
  • Market Attractiveness Analysis by End Use
  • Market Attractiveness Analysis by Region
  • Value Chain Analysis
  • Global Market Analysis by Type (K Units and USD MN)
  • Spark-ignited Market by Geography (K Units and USD MN)
  • Diesel-ignited Market by Geography (K Units and USD MN)
  • Direct Gas Injection Market by Geography (K Units and USD MN)
  • Global Market Analysis by End Use (K Units and USD MN)
  • Marine  Market by Geography (K Units and USD MN)
  • Power Generation Market by Geography (K Units and USD MN)
  • Global Market by Revenue
  • North America Market by Revenue
  • Europe Market by Revenue
  • Asia Pacific Market by Revenue
  • Latin America Market by Revenue
  • Middle East & Africa Market by Revenue
  • Recent Development in Industry
  • Company Market Share Analysis, 2020

 
* Kindly note that the above listed are the basic tables and figures of the report and are not limited to the TOC.

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Objectives of Study

  • Define and measure the global market
  • Volume or revenue forecast of the global market and its various sub-segments with respect to main geographies
  • Analyze and identify major market trends along with the factors driving or inhibiting the market growth
  • Study the company profiles of the major market players with their market share
  • Analyze competitive developments

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