Product Code: ETC126519 | Publication Date: Jul 2023 | Updated Date: Aug 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The India gas engines market import shipment witnessed a significant decline with a CAGR of -32.3% from 2020 to 2024. The growth rate between 2023 and 2024 further plummeted by -56.0%. The market experienced a sharp contraction, indicating a strong downward momentum and a consistent trend of decline over the period.
India gas engines market is anticipated to witness a significant growthin the coming years owing to the rising demand for distributed electricity generation solutions across the country. The growing government initiatives such as ???Make in India??? and increasing investments from international players are also expected to drive the industry growth. Additionally, various technological advancements such as introduction of alternative fuels like natural gas are expected to further fuel India Gas Engines Market size.
1. Growing demand for gas engines in industrial applications such as power generation, water treatment and oil & gas exploration 2. Increasing environmental concerns leading to the reduction of carbon emissions through adoption of clean energy sources such as natural gas and biogas 3. Government initiatives towards increasing the usage of compressed natural gases (CNG) and liquefied petroleum gas (LPG) in vehicles are driving their market growth. 4. Rising investments by major players to develop advanced technologies with enhanced features such as low emission levels, fuel-efficiency and high performance capabilities.
1. High initial cost associated with installation of a complete system is hampering the growth of this market 2. Limited availability of CNG or LPG fueling stations restricts its wide scale adoption across various regions 3. Unstable prices for natural gases due to external factors obstructs budget allocation from end users
Some key players operating in India Gas Engines Market include Cummins Inc., Caterpillar Inc., W?rtsil? Corporation, MAN SE, Deutz AG, Weichai Power Co Ltd., Jenbacher AG, Rolls-Royce plc?and MTU Friedrichshafen GmbH
India Gas Engines |
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Gas Engines Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Gas Engines Market Revenues & Volume, 2021 & 2031F |
3.3 India Gas Engines Market - Industry Life Cycle |
3.4 India Gas Engines Market - Porter's Five Forces |
3.5 India Gas Engines Market Revenues & Volume Share, By Fuel Type, 2021 & 2031F |
3.6 India Gas Engines Market Revenues & Volume Share, By Power Output, 2021 & 2031F |
3.7 India Gas Engines Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 India Gas Engines Market Revenues & Volume Share, By End-User, 2021 & 2031F |
4 India Gas Engines Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing focus on sustainable energy sources in India |
4.2.2 Growth in industrial and commercial infrastructure projects |
4.2.3 Government initiatives promoting the use of gas engines for power generation |
4.3 Market Restraints |
4.3.1 High initial investment costs for gas engine installation |
4.3.2 Lack of infrastructure for gas engine distribution and maintenance |
4.3.3 Competition from alternative energy sources such as solar and wind power |
5 India Gas Engines Market Trends |
6 India Gas Engines Market, By Types |
6.1 India Gas Engines Market, By Fuel Type |
6.1.1 Overview and Analysis |
6.1.2 India Gas Engines Market Revenues & Volume, By Fuel Type, 2021-2031F |
6.1.3 India Gas Engines Market Revenues & Volume, By Natural Gas, 2021-2031F |
6.1.4 India Gas Engines Market Revenues & Volume, By Special Gas, 2021-2031F |
6.1.5 India Gas Engines Market Revenues & Volume, By Others, 2021-2031F |
6.2 India Gas Engines Market, By Power Output |
6.2.1 Overview and Analysis |
6.2.2 India Gas Engines Market Revenues & Volume, By 0.5??1 MW, 2021-2031F |
6.2.3 India Gas Engines Market Revenues & Volume, By 1??2 MW, 2021-2031F |
6.2.4 India Gas Engines Market Revenues & Volume, By 2??5 MW, 2021-2031F |
6.2.5 India Gas Engines Market Revenues & Volume, By 5??10 MW, 2021-2031F |
6.2.6 India Gas Engines Market Revenues & Volume, By 10??20 MW, 2021-2031F |
6.3 India Gas Engines Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 India Gas Engines Market Revenues & Volume, By Power Generation, 2021-2031F |
6.3.3 India Gas Engines Market Revenues & Volume, By Cogeneration, 2021-2031F |
6.3.4 India Gas Engines Market Revenues & Volume, By Mechanical Drive, 2021-2031F |
6.3.5 India Gas Engines Market Revenues & Volume, By Others, 2021-2031F |
6.4 India Gas Engines Market, By End-User |
6.4.1 Overview and Analysis |
6.4.2 India Gas Engines Market Revenues & Volume, By Utilities, 2021-2031F |
6.4.3 India Gas Engines Market Revenues & Volume, By Oil & Gas, 2021-2031F |
6.4.4 India Gas Engines Market Revenues & Volume, By Manufacturing, 2021-2031F |
6.4.5 India Gas Engines Market Revenues & Volume, By Others, 2021-2031F |
7 India Gas Engines Market Import-Export Trade Statistics |
7.1 India Gas Engines Market Export to Major Countries |
7.2 India Gas Engines Market Imports from Major Countries |
8 India Gas Engines Market Key Performance Indicators |
8.1 Number of new industrial and commercial projects utilizing gas engines |
8.2 Government investments in gas engine infrastructure development |
8.3 Growth in natural gas availability and distribution network for gas engines |
9 India Gas Engines Market - Opportunity Assessment |
9.1 India Gas Engines Market Opportunity Assessment, By Fuel Type, 2021 & 2031F |
9.2 India Gas Engines Market Opportunity Assessment, By Power Output, 2021 & 2031F |
9.3 India Gas Engines Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 India Gas Engines Market Opportunity Assessment, By End-User, 2021 & 2031F |
10 India Gas Engines Market - Competitive Landscape |
10.1 India Gas Engines Market Revenue Share, By Companies, 2024 |
10.2 India Gas Engines Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |