South and Central America Gas Engine Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Fuel Type (Natural Gas, and Special Gas), Power Output (100 - 300 kW, 300-500kW, 0.5– 1 MW, 1–2 MW, 2–5 MW, 5–10 MW, and 10–20 MW), End-User (Remote, Mid-Stream Oil and Gas, Heavy Industries, Light Manufacturing, Utilities, Biogas, Datacenters, MUSH, and Commercial)

Code: TIPRE00027724 | Pages: 100 | Industry: Energy and Power | Date: Mar 2022 | Type: Regional

Market Introduction

This research report on the “South & Central America Gas Engine Market” provides a holistic view of the market size across South & Central America. The report further elucidates the key driving factors, restraints, growth opportunities, and future trends pertaining to the market growth.

Moreover, the increasing focus on development of efficient fuel engines to boost the market growth is driving the market’s growth. However, escalating popularity of renewable energy alternatives and technological drawbacks in several countries critically impacts the growth of the market.

Brazil has the highest number of COVID-19 cases, followed by Peru, Chile, Colombia, Ecuador, and Argentina, among others. SAM governments have taken an array of actions to protect its citizens and contain COVID-19’s spread and therefore imposed lockdowns to restrict social distancing. The lockdown has resulted in the closure of organizations temporarily in the region to control the spread of the virus. It is anticipated that SAM will require lesser electricity. Containment measures in several countries of South America will reduce economic activity in the manufacturing and service sectors for at least the next quarter and is expected to rebound once the pandemic is contained.

 


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Market Overview and Dynamics

The South & Central America gas engine market is expected to reach US$ 239.6 million by 2028 from US$ 181.1 million in 2021. The market is estimated to grow at a CAGR of 4.1% from 2021–2028. The electric power, automotive, manufacturing, and transportation industries, among others, in developing countries are highly dependent on fossil fuels. Rise in population and the lack of supporting infrastructure for electric technologies are the major factors supporting the gas engine market. Electric motors, electric devices, solar plants, and wind projects are more expensive than gas engines, which is driving the preference of various countries toward gas engines as an environment-friendly solution. Further, improvements in the emission norms for diesel engines for which various industries are shifting on gas engines for low emissions. The demand for natural gas is increasing in developing countries due to the rising popularity of low-emission fuels. The developing of developing countries on fossil fuels and gas engines is providing a strong growth opportunity for the gas engine market players.

 

Key Market Segments

In terms of fuel type, the natural gas segment accounted for the largest share of the South & Central America gas engine market in 2020. In terms of power output, the 300-500 kW segment accounted for the largest share of the South & Central America gas engine market in 2020. In terms of end-user, the heavy industries segment accounted for the largest share of the South & Central America gas engine market in 2020.

 

Major Sources and Companies Listed

A few major primary and secondary sources referred to for preparing this report on the gas engine market in South & Central America are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report are Caterpillar Inc.; Cummins Inc.; Fairbanks Morse, LLC; Kawasaki Heavy Industries, Ltd.; Liebherr; MAN SE; Mitsubishi Heavy Industries, Ltd.; Wärtsilä Corporation; MTU (Rolls-Royce Power Systems AG); and 2G ENERGY AG.

 

Reasons to Buy Report

  • To understand the South & Central America gas engine market landscape and identify market segments that are likely to guarantee a strong return
  • To comprehend the ever-changing market landscape and stay ahead in competition
  • To efficiently plan merger and acquisition, and partnership deals in the South & Central America gas engine market by identifying segments with the most promising probable sales
  • To make knowledgeable business decisions from perceptive and comprehensive analysis of the market performance of various segments
  • To obtain market revenue forecast of the South & Central America gas engine market based on various segments for the period 2021–2028

 

 

SOUTH & CENTRAL AMERICA GAS ENGINE MARKET SEGMENTATION

By Fuel Type

  • Natural Gas
  • Special Gas

 

 

By Power Output

  • 100-300 kW
  • 300 - 500 kW
  • 0.5-1 MW
  • 1-2 MW
  • 2-5 MW
  • 5-10 MW
  • 10-20 MW

 

By End-User

  • Remote
  1. Mining
  2. Drilling
  3. Others
  • Mid-Stream Oil & Gas
  • Heavy Industries
  1. Chemicals
  2. Paper
  3. Metals
  4. Food and Beverages
  5. Others
  • Light Manufacturing
  • Utilities
  1. Grid
  2. IPP
  3. Others
  • Biogas
  • Datacenters
  • MUSH
  • Commercial

 

By Country

  • South & Central America
  • Brazil
  • Argentina
  • Rest of South & Central America

 

 

Companies Mentioned

  1. Caterpillar Inc.
  2. Cummins Inc.
  3. Fairbanks Morse, LLC
  4. Kawasaki Heavy Industries, Ltd.
  5. Liebherr; MAN SE
  6. Mitsubishi Heavy Industries, Ltd.
  7. Wärtsilä Corporation
  8. MTU (Rolls-Royce Power Systems AG)
  9. 2G ENERGY AG            

 

 

1.           Introduction

1.1         Study Scope

1.2         The Insight Partners Research Report Guidance

1.3         Market Segmentation

2.           Key Takeaways

3.        Research Methodology

3.1         Coverage

3.2         Secondary Research

3.3         Primary Research

4.           Gas Engines Market Landscape

4.1         Market Overview

4.2         PEST Analysis

4.2.1        South & Central America – PEST Analysis

4.3         Ecosystem Analysis

4.4         Expert Opinions

4.5         Premium Insights

4.5.1        Power Output by End-User

5.           Gas Engines Market – Key Market Dynamics

5.1         Market Drivers

5.1.1        Increasing Focus on Development of Efficient Fuel Engines

5.1.2        Rise in Production of Natural Gas

5.2         Market Restraints

5.2.1        Escalating Popularity of Renewable Energy Alternatives and Technological Drawbacks in Several Countries

5.3         Market Opportunities

5.3.1        Surging Adoption of Gas Engines in Developing Countries

5.4         Future Trends

5.4.1        Distributed Gas Generation

5.5         Impact Analysis of Drivers and Restraints

6.           Gas Engines – South & Central America Market Analysis

6.1         South & Central America Gas Engines Market Overview

6.2         Gas Engines Market – Revenue and Forecast to 2028 (US$ Million)

7.           Gas Engines Market Revenue and Forecast to 2028 – Fuel Type

7.1         Overview

7.2         Gas Engines Market, by Fuel Type (2020 and 2028)

7.3         Natural gas

7.3.1        Overview

7.3.2        Natural Gas: Gas Engines Market Revenue and Forecast To 2028 (US$ Million)

7.4         Special Gas

7.4.1        Overview

7.4.2        Special Gas: Gas Engines Market Revenue and Forecast to 2028 (US$ Million)

8.           Gas Engines Market Revenue and Forecast to 2028 – Power Output

8.1         Overview

8.2         Gas Engines Market, by Power Output (2020 and 2028)

8.3–300 kW

8.3.1        Overview

8.3.2–300 kW: Gas Engines Market Revenue and Forecast to 2028 (US$ Million)

8.4–500kW

8.4.1        Overview

8.4.2–500kW: Gas Engines Market Revenue and Forecast To 2028 (US$ Million)

8.5         0.5–1 MW

8.5.1        Overview

8.5.2        0.5–1 MW: Gas Engines Market Revenue and Forecast to 2028 (US$ Million)

8.6         1–2 MW

8.6.1        Overview

8.6.2        1–2 MW: Gas Engines Market Revenue and Forecast to 2028 (US$ Million)

8.7         2–5 MW

8.7.1        Overview

8.7.2        2–5 MW: Gas Engines Market Forecast and Analysis

8.8         5–10 MW

8.8.1        Overview

8.8.2        5–10 MW: Gas Engines Market Forecast and Analysis

8.9–20 MW

8.9.1        Overview

8.9.2–20 MW: Gas Engines Market Forecast and Analysis

9.           Gas Engines Market Revenue and Forecast to 2028 – End User

9.1         Overview

9.2         Gas Engines Market, by End User (2020 and 2028)

9.3         Remote

9.3.1        Overview

9.3.2        Remote: Gas Engines Market Revenue and Forecast to 2028 (US$ Million)

9.3.3        Mining

9.3.3.1          Overview

9.3.3.2          Mining: Gas Engines Market Revenue and Forecast to 2028 (US$ Million)

9.3.4        Drilling

9.3.4.1          Overview

9.3.4.2          Drilling: Gas Engines Market Revenue and Forecast to 2028 (US$ Million)

9.3.5        Others

9.3.5.1          Overview

9.3.5.2          Others: Gas Engines Market Revenue and Forecast to 2028 (US$ Million)

9.4         Mid-Stream Oil and Gas

9.4.1        Overview

9.4.2        Mid-Stream Oil and Gas: Gas Engines Market Revenue and Forecast to 2028 (US$ Million)

9.5         Heavy Industries

9.5.1        Overview

9.5.2        Heavy Industries: Gas Engines Market Revenue and Forecast to 2028 (US$ Million)

9.5.3        Chemical

9.5.3.1          Overview

9.5.3.2          Chemical: Gas Engines Market Revenue and Forecast to 2028 (US$ Million)

9.5.4        Paper

9.5.4.1          Overview

9.5.4.2          Paper: Gas Engines Market Revenue and Forecast to 2028 (US$ Million)

9.5.5        Metal

9.5.5.1          Overview

9.5.5.2          Metal: Gas Engines Market Revenue and Forecast to 2028 (US$ Million)

9.5.6        Food & Beverages

9.5.6.1          Overview

9.5.6.2          Food & Beverages: Gas Engines Market Revenue and Forecast to 2028 (US$ Million)

9.5.7        Others

9.5.7.1          Overview

9.5.7.2          Others: Gas Engines Market Revenue and Forecast to 2028 (US$ Million)

9.6         Light Manufacturing

9.6.1        Overview

9.6.2        Light Manufacturing: Gas Engines Market Revenue and Forecast to 2028 (US$ Million)

9.7         Utilities

9.7.1        Overview

9.7.2        Utilities: Gas Engines Market Revenue and Forecast to 2028 (US$ Million)

9.7.3        Grid

9.7.3.1          Overview

9.7.3.2          Grid: Gas Engines Market Revenue and Forecast to 2028 (US$ Million)

9.7.4        IPP

9.7.4.1          Overview

9.7.4.2          IPP: Gas Engines Market Revenue and Forecast to 2028 (US$ Million)

9.7.5        Others

9.7.5.1          Overview

9.7.5.2          Others: Gas Engines Market Revenue and Forecast to 2028 (US$ Million)

9.8         Biogas

9.8.1        Overview

9.8.2        Biogas: Gas Engines Market Revenue and Forecast to 2028 (US$ Million)

9.9         Datacenters

9.9.1        Overview

9.9.2        Datacenters: Gas Engines Market Revenue and Forecast to 2028 (US$ Million)

9.10      MUSH

9.10.1     Overview

9.10.2     MUSH: Gas Engines Market Revenue and Forecast to 2028 (US$ Million)

9.11      Commercial

9.11.1     Overview

9.11.2     Commercial: Gas Engines Market Revenue and Forecast to 2028 (US$ Million)

10.        Gas Engines Market – Geographic Analysis

10.1      South America: Gas engines Market

10.1.1     South America: Gas engines Market – Revenue and Forecast to 2028 (US$ Million)

10.1.2     SAM: Gas engines Market, by Fuel Type

10.1.3     SAM: Gas engines Market, by Power Output

10.1.4     SAM: Gas engines Market, by End-User

10.1.5     SAM: Gas engines Market, by Key Country

10.1.5.1       Brazil: Gas engines Market – Revenue and Forecast to 2028 (US$ Million)

10.1.5.1.1       Brazil: Gas engines Market, by Fuel Type

10.1.5.1.2       Brazil: Gas engines Market, by Power Output

10.1.5.1.3       Brazil: Gas engines Market, by End-User

10.1.5.2       Argentina: Gas engines Market – Revenue and Forecast to 2028 (US$ Million)

10.1.5.2.1       Argentina: Gas engines Market, by Fuel Type

10.1.5.2.2       Argentina: Gas engines Market, by Power Output

10.1.5.2.3       Argentina: Gas engines Market, by End-User

10.1.5.3       Rest of SAM: Gas engines Market – Revenue and Forecast to 2028 (US$ Million)

10.1.5.3.1       Rest of SAM: Gas engines Market, by Fuel Type

10.1.5.3.2       Rest of SAM: Gas engines Market, by Power Output

10.1.5.3.3       Rest of SAM: Gas engines Market, by End-User

11.        Gas Engines Market - COVID-19 Impact Analysis

11.1      South & Central America: Impact Assessment of COVID-19 Pandemic

12.        Industry Landscape

12.1      Overview

12.2      Market Initiative

12.3      New Product Development

13.        Company Profiles

13.1      Caterpillar Inc.

13.1.1     Key Facts

13.1.2     Business Description

13.1.3     Products and Services

13.1.4     Financial Overview

13.1.5     SWOT Analysis

13.1.6     Key Developments

13.2      Cummins Inc.

13.2.1     Key Facts

13.2.2     Business Description

13.2.3     Products and Services

13.2.4     Financial Overview

13.2.5     SWOT Analysis

13.2.6     Key Developments

13.3      Kawasaki Heavy Industries, Ltd.

13.3.1     Key Facts

13.3.2     Business Description

13.3.3     Products and Services

13.3.4     Financial Overview

13.3.5     SWOT Analysis

13.3.6     Key Developments

13.4      Liebherr

13.4.1     Key Facts

13.4.2     Business Description

13.4.3     Products and Services

13.4.4     Financial Overview

13.4.5     SWOT Analysis

13.4.6     Key Developments

13.5      MAN SE

13.5.1     Key Facts

13.5.2     Business Description

13.5.3     Products and Services

13.5.4     Financial Overview

13.5.5     SWOT Analysis

13.5.6     Key Developments

13.6      Mitsubishi Heavy Industries, Ltd.

13.6.1     Key Facts

13.6.2     Business Description

13.6.3     Products and Services

13.6.4     Financial Overview

13.6.5     SWOT Analysis

13.6.6     Key Developments

13.7      Wärtsilä Corporation

13.7.1     Key Facts

13.7.2     Business Description

13.7.3     Products and Services

13.7.4     Financial Overview

13.7.5     SWOT Analysis

13.7.6     Key Developments

13.8      MTU (Rolls-Royce Power Systems AG)

13.8.1     Key Facts

13.8.2     Business Description

13.8.3     Products and Services

13.8.4     Financial Overview

13.8.5     SWOT Analysis

13.8.6     Key Developments

13.9      2G ENERGY AG

13.9.1     Key Facts

13.9.2     Business Description

13.9.3     Products and Services

13.9.4     Financial Overview

13.9.5     SWOT Analysis

13.9.6     Key Developments

14.        Appendix

14.1      About the Insight Partners

14.2      Word Index

 


LIST OF TABLES

Table 1.             SAM: Gas engines Market, by Fuel Type – Revenue and Forecast to 2028 (US$ Million)

Table 2.             SAM: Gas engines Market, by Power Output – Revenue and Forecast to 2028 (US$ Million)

Table 3.             SAM: Gas engines Market, by End-User – Revenue and Forecast to 2028 (US$ Million)

Table 4.             SAM: Gas engines Market, by Remote – Revenue and Forecast to 2028 (US$ Million)

Table 5.             SAM: Gas engines Market, by Heavy Industries– Revenue and Forecast to 2028 (US$ Million)

Table 6.             SAM: Gas engines Market, by Utilities– Revenue and Forecast to 2028 (US$ Million)

Table 7.             SAM: Gas engines Market, by Country – Revenue and Forecast to 2028 (US$ Million)

Table 8.             Brazil: Gas engines Market, by Fuel Type – Revenue and Forecast to 2028 (US$ Million)

Table 9.             Brazil: Gas engines Market, by Power Output – Revenue and Forecast to 2028 (US$ Million)

Table 10.          Brazil: Gas engines Market, by End-User – Revenue and Forecast to 2028 (US$ Million)

Table 11.          Brazil: Gas engines Market, by Remote – Revenue and Forecast to 2028 (US$ Million)

Table 12.          Brazil: Gas engines Market, by Heavy Industries– Revenue and Forecast to 2028 (US$ Million)

Table 13.          Brazil: Gas engines Market, by Utilities– Revenue and Forecast to 2028 (US$ Million)

Table 14.          Argentina: Gas engines Market, by Fuel Type – Revenue and Forecast to 2028 (US$ Million)

Table 15.          Argentina: Gas engines Market, by Power Output – Revenue and Forecast to 2028 (US$ Million)

Table 16.          Argentina: Gas engines Market, by End-User – Revenue and Forecast to 2028 (US$ Million)

Table 17.          Argentina: Gas engines Market, by Remote – Revenue and Forecast to 2028 (US$ Million)

Table 18.          Argentina: Gas engines Market, by Heavy Industries– Revenue and Forecast to 2028 (US$ Million)

Table 19.          Argentina: Gas engines Market, by Utilities– Revenue and Forecast to 2028 (US$ Million)

Table 20.          Rest of SAM: Gas engines Market, by Fuel Type – Revenue and Forecast to 2028 (US$ Million)

Table 21.          Rest of SAM Gas engines (ICE) Market, by Power Output – Revenue and Forecast to 2028 (USD Million)

Table 22.          Rest of SAM: Gas engines Market, by End-User – Revenue and Forecast to 2028 (US$ Million)

Table 23.          Rest of SAM: Gas engines Market, by Remote – Revenue and Forecast to 2028 (US$ Million)

Table 24.          Rest of SAM: Gas engines Market, by Heavy Industries– Revenue and Forecast to 2028 (US$ Million)

Table 25.          Rest of SAM: Gas engines Market, by Utilities– Revenue and Forecast to 2028 (US$ Million)

Table 26.          List of Abbreviation

 


LIST OF FIGURES

Figure 1.           Gas Engines Market Segmentation

Figure 2.           South & Central America Gas Engine Market Overview

Figure 3.           South & Central America Gas Engines Market, By Power Output

Figure 4.           South & Central America Gas Engines Market, By Geography

Figure 5.           South & Central America – PEST Analysis

Figure 6.           Gas Engines Market: Ecosystem Analysis

Figure 7.           Gas Engine Market Impact Analysis of Drivers and Restraints

Figure 8.           Geographic Overview of South & Central America Gas Engines Market

Figure 9.           Gas engines Market – Revenue and Forecast to 2028 (US$ Million)

Figure 10.        Gas Engines Market, by Fuel Type (2020 and 2028)

Figure 11.        Natural Gas: Gas Engines Market Revenue and Forecast to 2028 (US$ Million)

Figure 12.        Special Gas: Gas Engines Market Revenue and Forecast to 2028 (US$ Million)

Figure 13.        Gas Engines Market, by Power Output (2020 and 2028)

Figure 14.–300 kW: Gas Engines Market Revenue and Forecast to 2028 (US$ Million)

Figure 15.–500kW: Gas Engines Market Revenue and Forecast To 2028 (US$ Million)

Figure 16.        0.5–1 MW: Gas Engines Market Revenue and Forecast to 2028 (US$ Million)

Figure 17.        1–2 MW: Gas Engines Market Revenue and Forecast to 2028 (US$ Million)

Figure 18.        2–5 MW: Gas Engines Market Revenue and Forecast to 2028 (US$ Million)

Figure 19.        5–10 MW: Gas Engines Market Revenue and Forecast to 2028 (US$ MN)

Figure 20.–20 MW: Gas Engines Market Revenue and Forecast to 2028 (US$ MN)

Figure 21.        Gas Engines Market, by End User (2020 and 2028)

Figure 22.        Remote: Gas Engines Market Revenue and Forecast to 2028 (US$ Million)

Figure 23.        Mining: Gas Engines Market Revenue and Forecast to 2028 (US$ Million)

Figure 24.        Drilling: Gas Engines Market Revenue and Forecast to 2028 (US$ Million)

Figure 25.        Others: Gas Engines Market Revenue and Forecast to 2028 (US$ Million)

Figure 26.        Mid-Stream Oil and Gas: Gas Engines Market Revenue and Forecast to 2028 (US$ Million)

Figure 27.        Heavy Industries: Gas Engines Market Revenue and Forecast to 2028 (US$ Million)

Figure 28.        Chemical: Gas Engines Market Revenue and Forecast to 2028 (US$ Million)

Figure 29.        Paper: Gas Engines Market Revenue and Forecast to 2028 (US$ Million)

Figure 30.        Metal: Gas Engines Market Revenue and Forecast to 2028 (US$ Million)

Figure 31.        Food & Beverages: Gas Engines Market Revenue and Forecast to 2028 (US$ Million)

Figure 32.        Others: Gas Engines Market Revenue and Forecast to 2028 (US$ Million)

Figure 33.        Light Manufacturing: Gas Engines Market Revenue and Forecast to 2028 (US$ Million)

Figure 34.        Utilities: Gas Engines Market Revenue and Forecast to 2028 (US$ Million)

Figure 35.        Grid: Gas Engines Market Revenue and Forecast to 2028 (US$ Million)

Figure 36.        IPP: Gas Engines Market Revenue and Forecast to 2028 (US$ Million)

Figure 37.        Others: Gas Engines Market Revenue and Forecast to 2028 (US$ Million)

Figure 38.        Biogas: Gas Engines Market Revenue and Forecast to 2028 (US$ Million)

Figure 39.        Datacenters: Gas Engines Market Revenue and Forecast to 2028 (US$ Million)

Figure 40.        MUSH: Gas Engines Market Revenue and Forecast to 2028 (US$ Million)

Figure 41.        Commercial: Gas Engines Market Revenue and Forecast to 2028 (US$ Million)

Figure 42.        South America: Gas engines Market – Revenue and Forecast to 2028 (US$ Million)

Figure 43.        SAM: Gas engines Market Revenue Share, by Fuel Type (2020 and 2028)

Figure 44.        SAM: Gas engines Market Revenue Share, by Power Output (2020 and 2028)

Figure 45.        SAM: Gas engines Market Revenue Share, by End-User (2020 and 2028)

Figure 46.        SAM: Gas engines Market Revenue Share, by Key Country (2020 and 2028)

Figure 47.        Brazil: Gas engines Market – Revenue and Forecast to 2028 (US$ Million)

Figure 48.        Argentina: Gas engines Market – Revenue and Forecast to 2028 (US$ Million)

Figure 49.        Rest of SAM: Gas engines Market – Revenue and Forecast to 2028 (US$ Million)

Figure 50.        Impact of COVID-19 Pandemic in South & Central America Country

  1. Caterpillar Inc.
  2. Cummins Inc.
  3. Kawasaki Heavy Industries, Ltd.
  4. Liebherr; MAN SE
  5. Mitsubishi Heavy Industries, Ltd.
  6. Wärtsilä Corporation
  7. MTU (Rolls-Royce Power Systems AG)
  8. 2G ENERGY AG       
  9. MAN SE
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