Gas power equipment refers to machinery and equipment that is powered by natural gas or propane, rather than electricity or diesel fuel. This equipment is commonly used in a variety of industrial, commercial, and residential applications, such as power generation, heating, and cooking. According to the latest research, the global gas power equipment market is poised to grow by USD 1.8 billion during 2023-2029, progressing at a CAGR of 2.4% during the forecast period.
This industry report offers market estimates of the global market, followed by a detailed analysis of the product, and region. The global market data on gas power equipment can be segmented by product: gas generator sets, gas turbines. The gas turbines segment is estimated to account for the largest share of the global gas power equipment market. Gas power equipment market is further segmented by region: Asia-Pacific, Europe, North America, Rest of the World (RoW). Asia-Pacific held the largest revenue share in 2022.
The global gas power equipment market is highly competitive. The prominent players operating in the global gas power equipment market include AKSA Power Generation, Ansaldo Energia S.p.A., Blue Star Power Systems Inc., Briggs & Stratton Corporation, Caterpillar Inc., Cummins Inc., Generac Holdings Inc., General Electric Company, HIMOINSA S.L. (Yanmar Co. Ltd.), Kawasaki Heavy Industries Ltd., Mitsubishi Heavy Industries Ltd., Rolls-Royce Power Systems AG, Siemens AG, Solar Turbines Incorporated.
The data-centric report focuses on market trends, status and outlook for segments. With comprehensive market assessment across the major geographies, the report is a valuable asset for the existing players, new entrants and the future investors.
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Part 1. Summary
Part 2. Introduction
Study period
Geographical scope
Market segmentation
Part 3. Gas power equipment market overview
Part 4. Market breakdown by product
Gas generator sets
Gas turbines
Part 5. Market breakdown by region
Asia-Pacific
Europe
North America
Rest of the World (RoW)
Part 6. Key companies
AKSA Power Generation
Ansaldo Energia S.p.A.
Blue Star Power Systems, Inc.
Briggs & Stratton Corporation
Caterpillar Inc.
Cummins Inc.
Generac Holdings Inc.
General Electric Company
HIMOINSA S.L. (Yanmar Co., Ltd.)
Kawasaki Heavy Industries Ltd.
Mitsubishi Heavy Industries, Ltd.
Rolls-Royce Power Systems AG
Siemens AG
Solar Turbines Incorporated
Part 7. Methodology
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