NEW YORK, Aug. 25, 2021 /PRNewswire/ — The dual fuel engine market size is expected to increase by 2.85 bn units during 2021-2025, registering a CAGR of 8.95% during the forecast period. The dual fuel engine market report covers insights on major trends, key growth drivers, and challenges impacting the overall growth of the market.
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The market is driven by stringent regulations on NOx emissions and an increase in electricity demand. However, efficiency problems, an increase in renewable energy sources, and diesel engine technology gaining momentum with technological advances will be some of the prominent factors likely to hinder the market’s growth in the long run.
This report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. The dual fuel engine market analysis includes end-user and geographic landscape. The marine industry held the largest dual fuel engine market share by end-user segment. In terms of geography, 43% of the market’s growth will originate from APAC during the forecast period with India and China being the key markets in the region.
The dual fuel engine market covers the following areas:
Dual Fuel Engine Market Sizing
Dual Fuel Engine Market Forecast
Dual Fuel Engine Market Analysis
Companies Mentioned
Anglo Belgian Corp.
Caterpillar Inc.
Cummins Inc.
Heinzmann GmbH and Co. KG
Kubota Corp.
MAN Energy Solutions SE
Wartsila Corp.
Westport Fuel Systems Inc.
Woodward Inc.
Yanmar Holdings Co. Ltd.
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.
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Key Topics Covered:
Executive Summary
Market Landscape
Market ecosystem
Value chain analysis
Market Sizing
Market definition
Market segment analysis
Market size 2020
Market outlook: Forecast for 2020 – 2025
Five Forces Analysis
Bargaining power of buyers
Bargaining power of suppliers
Threat of new entrants
Threat of substitutes
Threat of rivalry
Market condition
Market Segmentation by End-user
Market segments
Comparison by End-user
Marine industry – Market size and forecast 2020-2025
Power generation industry – Market size and forecast 2020-2025
Market opportunity by End-user
Customer landscape
Customer landscape
Geographic Landscape
Geographic segmentation
Geographic comparison
APAC – Market size and forecast 2020-2025
Europe – Market size and forecast 2020-2025
North America – Market size and forecast 2020-2025
MEA – Market size and forecast 2020-2025
South America – Market size and forecast 2020-2025
Key leading countries
Market opportunity by geography
Market drivers
Market challenges
Market trends
Vendor Landscape
Overview
Landscape disruption
Vendor Analysis
Vendors covered
Market positioning of vendors
Anglo Belgian Corp.
Caterpillar Inc.
Cummins Inc.
Heinzmann GmbH and Co. KG
Kubota Corp.
MAN Energy Solutions SE
Wartsila Corp.
Westport Fuel Systems Inc.
Woodward Inc.
Yanmar Holdings Co. Ltd.
Appendix
Scope of the report
Currency conversion rates for US$
Research methodology
List of abbreviations
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