가스 엔진 시장 규모는 2023년 47억 8,000만 달러로 평가되었고, 2031년에는 73억 5,000만 달러에 이를 것으로 예측되며, 2024년부터 2031년까지 CAGR은 5.53%로 성장할 것으로 예상됩니다. 가스 엔진은 천연 가스 및 바이오가스와 같은 가스 연료를 사용하고 연소에 의해 화학 에너지를 기계 에너지로 변환하는 내연 기관입니다. 표준 가솔린 엔진이나 디젤 엔진보다 효율이 높고 오염물질의 배출이 적은 것으로 알려져 있습니다. 특히 널리 사용되며 전기 및 유용한 열을 동시에 발생시키고 전반적인 에너지 효율을 높이는 열병합 발전 시스템에서 높은 평가를 받고 있습니다.
보다 환경 친화적 인 에너지 원으로의 세계 변화 덕분에 가솔린 엔진의 미래는 밝을 것으로 보입니다. 가능한 에너지 통합, 완전 전기자동차로의 전환 솔루션으로 중요한 역할을 할 것으로 예상됩니다.
주요 시장 성장 촉진요인
청정 에너지에 대한 수요 증가:
더 나은 에너지 및 옵션에 대한 욕구는 석탄 및 석유를 대체하는 저 배출 가스 엔진의 사용을 촉진하고 있습니다. 미국 에너지부는 가스 기술의 보급에 3,000만 달러를 투입한다고 발표했습니다.
기술 진보:
효율성과 유연성 향상 등 가스 엔진 기술의 혁신이 시장 성장의 원동력이 되고 있습니다.
열병합 및 열전병 공급(CHP) 시스템:
에너지 효율의 중요성이 증가함에 따라 코제너레이션 시스템의 채택이 확대되고 있습니다.
인프라 개발:
천연가스 인프라 건설은 공급의 신뢰성을 향상시켜 시장 성장을 가속합니다. 호주 정보는 2023년 10월에 천연가스 파이프라인 개발에 5,000만 달러를 할당했습니다.
주요 과제
규정에 따른 압력:
온실가스 배출량을 줄이기 위한 환경규제의 강화는 가스엔진사업자들에게 장애물이 될 수 있습니다.
재생 가능 에너지 경쟁:
태양광이나 풍력 등의 재생 가능 에너지원의 급속한 대두에 의해 가스 엔진은 발전에 있어서 경쟁에 직면하고 있습니다.
연료 가격 변동
천연 가스 가격의 변동은 가스 엔진 사업의 전반적인 비용 효과에 영향을 미칩니다. 연료 가격의 급격한 상승은 사용자의 수익성과 운전 계획에 영향을 줄 수 있습니다.
인프라 제한:
일부 지역에서는 천연 가스의 유통 및 공급 인프라가 제한되어 있으므로 가스 엔진 설치가 어려울 수 있습니다. 따라서 시장의 성장과 도입이 제한될 수 있습니다.
주요 동향 :
코제너레이션 용도 확대:
산업계가 전기와 유용한 열을 동시에 생성하여 에너지 효율을 극대화하려고 하기 때문에 코제너레이션 시스템 수요가 증가하고 있습니다. 비용이 큰 우려 사항이 되고 있는 분야에서 특히 현저합니다.
보다 깨끗한 연료로의 이동:
천연가스, 바이오가스, 수소 등 특수가스의 이용이 증가하고 있습니다.
기술 진보:
경제성, 성능 향상, 배출 가스 저감 등 가스 엔진 기술의 기술적 진보가 시장 확대의 원동력이 되고 있습니다.
재생 가능 에너지와의 통합:
가스 엔진은 하이브리드 시스템에서 재생 가능 에너지원과 결합되는 경우가 많아지고 있습니다.
Gas Engine Market size was valued at USD 4.78 Billion in 2023 and is projected to reach USD 7.35 Billion by 2031 , growing at a CAGR of 5.53% from 2024 to 2031. A gas engine is an internal combustion engine that uses gaseous fuels, such as natural gas or biogas, to convert chemical energy into mechanical energy by combustion. These engines are noted for being more efficient and emitting fewer pollutants than standard petrol or diesel engines. Gas engines are widely utilised for a variety of purposes, including power generation, transportation (particularly in buses and trucks), and industrial activities. They are particularly valued in cogeneration systems, where they generate electricity and useful heat simultaneously, enhancing overall energy efficiency.
The future of petrol engines seems positive, thanks to the global shift towards greener energy sources. With technological improvements and an increased emphasis on lowering greenhouse gas emissions, gas engines are projected to play an important part in hybrid systems, renewable energy integration, and as transitional solutions to completely electric vehicles.
The key market dynamics that are shaping the global Gas Engine Market include:
Key Market Drivers:
Rising Demand for Clean Energy:
The desire for better energy options is driving the use of gas engines as a lower-emission alternative to coal and oil. In July 2023, the United States Department of Energy announced a $30 million commitment to promote natural gas technologies, with the goal of increasing efficiency and lowering emissions in power generation.
Technological Advancements:
Innovations in gas engine technology, such as increased efficiency and flexibility, are driving market growth. Cummins Inc. will launch a new line of high-efficiency gas engines designed for industrial applications in August 2023, demonstrating its commitment to improving gas engine technology.
Co-generation and Combined Heat and Power (CHP) Systems:
As energy efficiency becomes more important, co-generation systems are being adopted more widely. In September 2023, the Indian government announced a $20 million grant to encourage the installation of CHP projects in a variety of businesses, increasing demand for gas engines.
Infrastructure Development:
The construction of natural gas infrastructure promotes market growth by improving supply reliability. The Australian government allocated $50 million in October 2023 to the development of natural gas pipelines, with the goal of increasing access to greener energy sources for electricity generation and industrial use.
Key Challenges:
Regulatory Pressures:
Stricter environmental rules aimed at lowering greenhouse gas emissions present hurdles for gas engine operators. Compliance with these standards may necessitate substantial investments in technological upgrades and emission control systems.
Renewable Energy Competition:
With the rapid rise of renewable energy sources such as solar and wind, gas engines face competition in power generation. As renewable technologies become more affordable and widely utilized, the demand for gas engines may decline.
Fuel Price Volatility
: Natural gas price changes have an impact on the overall cost-effectiveness of gas engine operations. Sudden increases in fuel prices can have an influence on users' profitability and operating plans.
Infrastructure Limitations:
In some areas, limited natural gas distribution and supply infrastructure can make it difficult to install gas engines. This includes limited access to pipelines and refueling stations, which can restrict market growth and adoption.
Key Trends:
Expansion in Co-generation Applications:
The demand for co-generation systems is on the rise as industries seek to maximize energy efficiency by generating electricity and useful heat simultaneously. This trend is particularly prominent in sectors like manufacturing, healthcare, and agriculture, where energy costs are a significant concern.
Shift to Cleaner Fuels:
There is a rising emphasis on decreasing emissions, which is leading to increased use of natural gas and special gases such as biogas and hydrogen. This shift promotes sustainability and conforms with stricter environmental standards.
Technological Advancements:
Technological advancements in gas engine technology, such as increased economy, performance, and fewer emissions, are driving market expansion. Digitalization advancements such as remote monitoring and predictive maintenance are also improving engine performance.
Integration with Renewable Energy:
Gas engines are increasingly being combined with renewable energy sources in hybrid systems. This strategy stabilizes power supply and manages intermittency, making gas engines an important asset in energy transition schemes.
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Here is a more detailed regional analysis of the global Gas Engine Market:
North America:
North America is the prominent region in the gas engine industry, owing to its abundant natural gas supplies and strong infrastructure for gas power generation. The United States and Canada have made significant investments in natural gas technology, exploiting plentiful shale gas deposits to meet energy demand while aiming for fewer emissions. In August 2023, the United States Department of Energy announced a new campaign to promote the use of petrol engines in both industrial and residential applications, with a focus on increasing efficiency and lowering the carbon impact of fossil fuel consumption. This project is planned to increase investment in petrol engine technology and infrastructure throughout the region.
To preserve a competitive advantage, large corporations are expanding their petrol engine offerings. Cummins Inc. will debut its latest line of high-efficiency petrol engines in September 2023, with a focus on commercial and industrial applications. These engines use novel technologies targeted at enhancing performance while reducing emissions, supporting Cummins' commitment to sustainable energy solutions. Such achievements, together with favorable regulatory frameworks and market demand, solidify North America's position as a petrol engine market leader, setting the way for continued expansion and innovation in the industry.
Asia Pacific:
The Asia Pacific region's petrol engine industry is expanding rapidly, driven by rising energy demands and a trend towards cleaner fuel sources. Governments in the region are establishing measures to promote the transition from coal and diesel to natural gas, thereby improving energy security and lowering emissions. For example, in September 2023, the Indian government announced a large investment in natural gas infrastructure, with the goal of increasing the use of gas engines for power generation and transportation. This effort is part of India's overall goal to meet renewable energy targets while using natural gas as a transitional fuel.
In addition to government funding, various Asia Pacific corporations are developing petrol engine technology to suit rising demand. Mitsubishi, a Japanese manufacturer, announced in October 2023 the debut of a new range of high-efficiency petrol engines designed for industrial uses. These engines are designed to run on a range of gaseous fuels, increasing flexibility and efficiency. This combination of supporting government policies and technological innovation propels the Asia Pacific area to the forefront of the petrol engine market, opening the path for long-term energy solutions.
The Global Gas Engine Market is segmented on the basis of Power Output, Application, Fuel Type, and Geography.
Based on Power Output, The market is segmented into 0.5 MW-1 MW and 1 MW-2 MW. The 1 MW-2 MW segment is the dominant category in the global Gas Engine Market, as it is widely utilized for various applications including industrial power generation and combined heat and power (CHP) systems. This range offers an optimal balance of efficiency and scalability, making it suitable for both large commercial operations and municipal energy needs. The 0.5 MW-1 MW segment is the fastest growing in the Gas Engine Market, driven by the increasing demand for decentralized energy solutions and small-scale power generation. This segment is particularly attractive for smaller businesses and rural applications where reliable, on-site energy is crucial.
Based on Fuel Type, The market is segmented into Natural Gas and Special Gas. Natural gas is the dominant segment in the global Gas Engine Market, primarily due to its abundance, cost-effectiveness, and relatively lower emissions compared to traditional fossil fuels. It is widely used in power generation, transportation, and industrial applications, making it the preferred choice for many operators. The special gas segment is the fastest growing in the Gas Engine Market, driven by increasing interest in alternative fuels such as biogas, hydrogen, and synthetic gases. These fuels offer environmental benefits and the potential for reduced greenhouse gas emissions, appealing to industries aiming for sustainability.
Based on Application, The market is segmented into Co-generation and Power Generation. The power generation segment is the dominant end-user in the global Gas Engine Market, as gas engines are extensively used for both grid and off-grid electricity production. Their ability to provide reliable and efficient energy makes them a preferred choice for utilities and independent power producers. The co-generation segment is the fastest growing in the Gas Engine Market, driven by the increasing demand for energy-efficient solutions that simultaneously generate electricity and useful heat. This technology is particularly attractive for industries such as manufacturing and agriculture, where maximizing energy utilization can significantly reduce costs.
Based on Geography, The Global Gas Engine Market are segmented into North America, Europe, Asia Pacific, and Rest of the World. North America is the dominant region, owing to its advanced industrial infrastructure and widespread use of precision measurement technologies across industries. The Asia Pacific region is the fastest growing, thanks to rapid industrialization, expanding manufacturing capabilities, and rising investments in technology and infrastructure in emerging economies such as China and India.