India Gas Engine Market By Fuel Type (Natural Gas, Special Gas, Others), By Power Output (<15kVA, 15-25kVA, 25-55kVA, 55-75kVA), By End User Industry (Utilities, Construction, Mining, Small Industries, Others), By Region, Competition, Forecast & Opportunities, 2018-2028

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Owing to their great electrical and thermal efficiency, low operating and servicing costs, and excellent dependability, these engines typically attain more than 90% efficiency. They are utilized in a variety of applications such as power generation, cogeneration, mechanical drive, and trigeneration functions such as district heating systems, hospitals, universities, and industrial units.

Stricter Emissions Rules to Drive Growth of the Market

One of the primary reasons driving the growth of the natural gas engines market is the country’s s move toward the utilization of gas-fired power production. The prevalence of severe environmental regulation and sustainability standards, as well as an increasing focus on reducing carbon emissions, also drive market growth. The rise in natural gas consumption, as indicated in the BP Statistical Review of World Energy, and the rise in demand for clean and efficient power production technologies both have an impact on the market.

Moreover, rising industrialization, favorable government rules, an increase in environmental concerns, and an increase in investment all benefit the natural gas engines industry. Additionally, the transition toward gas-fired power plants and the trend of distributed power generation creates attractive prospects for market participants from 2024 to 2028.

Factors such as the growing usage of gas-powered construction equipment, the drop in natural gas prices, the low environmental effect, and the rising flexibility and efficiency of gas-powered energy generation are expected to drive India gas engine market during the forecast period.

Adoption of Power Plants & Latest Investments are Driving Market Growth

The development of new power plants and transmission systems require significant investment as well as ongoing maintenance. Most government agencies prefer cost-effective methods of meeting power demand. The World Energy Council (WEC) predicts that worldwide power demand would more than double by 2060 from its current level. Owing to the increasing need to include natural gas into the electricity generating mix and improve natural gas-related infrastructure, gas engine-based distributed power generation is quickly developing as a cost-effective choice for government agencies.

Gas engines are less costly, more ecologically friendly, and more dependable and efficient than other fuel-powered engines. Natural gas engines are becoming increasingly used in applications such as heating, energy generating, and vehicle operation.

Safran, the world's largest aircraft engine maker, has committed to investing up to 300 million Euros (about USD 305 million) in India. When completed in 2025, a USD 212.8 million maintenance, repair, and overhaul (MRO) facility in Hyderabad would be the French MNC's largest shop facility in the world for LEAP engines.

Several consumer airlines in India use the LEAP engines on their A320neos/B737 MAXs. There is a backlog of 1,500 engines for Indian airlines. India is a vital and critical market for us. In a decade, air traffic will more than quadruple. As capacity expands in stages, the MRO will repair 300 engines per year and employ 1,000 people by 2030.

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Market Segmentation

The India Gas Engine Market is divided

Market player

Major players operating in

Recent Developments

Caterpillar Inc. launched the first natural gas-powered generator set, the Cat G3516C, in October 2019. For local mining applications, it is tailored to run on Low Coal Mine Methane (LCMM).

Rolls-Royce has signed a deal with C-Energy power plant in the Czech Republic to install two new gas-fired gensets. These new engines are based on the Rolls-Royce B3645 medium speed V-engine, which has 20 cylinders. The engine series uses little gasoline and emits little NOx, CO2, SOx, and particulates.